The EU Council today established a new framework for restrictive measures in response to Russia’s destabilising actions in Europe and abroad. This new framework will allow the EU to target individuals and entities engaged in actions and policies by the government of the Russian Federation, undermining fundamental EU values, European security, independence, and integrity.
Today, EU Commission Vice-President for Values and Transparceny, Věra Jourová signed the Council of Europe Framework Convention on Artificial Intelligence and human rights, democracy and the rule of law on behalf of the European Union.
EMA and the Heads of Medicines Agencies (HMA) have published high-level principles and recommendations for all staff across the European medicines regulatory network (EMRN) using large language models (LLMs) in their work.
Fair trial: Minors subject to criminal proceedings must have the practical and effective opportunity to be assisted by a lawyer. Such assistance must be offered to them at the latest by the time they are first questioned by the police.
The EU Commission has approved, under the EU Merger Regulation, the acquisition of joint control of the shopping center Planet Koper, located in Slovenia, by ALFI RE of Slovenia and ERSTE of Croatia.
The European Commission has approved a €750 million Dutch scheme to support investments in the decarbonisation of industrial production processes to foster the transition towards a net-zero economy. The scheme was approved under the State aid Temporary Crisis and Transition Framework (‘TCTF’).
China and Russia have agreed to further expand investment and energy cooperation to promote bilateral ties.
At a meeting on 24 July, coordinators of the Dialogue on Plastics Pollution and Environmentally Sustainable Plastics Trade (DPP) outlined points of focus for their work over the coming months, gearing towards achieving concrete, pragmatic, and effective outcomes by the 14th Ministerial Conference.
The EU Commission has approved, under EU State aid rules, a €2 billion Dutch measure to support the PALLAS project aimed at producing medical radioisotopes for cancer diagnosis and treatment. The measure contributes to ensuring security of supply of essential and live-saving medicines in line with the Pharmaceutical Strategy for Europe.
Brussels/Geneva, 26 July 2024 The European Commission welcomes the publication today of the text of
The World Trade Organisation (WTO) issued today (25 July) the 2024 edition of World Tariff Profiles, a joint publication of the WTO, International Trade Centre (ITC) and UN Trade and Development (UNCTAD). The publication provides comprehensive information on the tariffs and non-tariff measures imposed by over 170 countries and customs territories.
The European Commission has approved a €1.2 billion Spanish scheme to support investments in the production of renewable hydrogen to foster the transition to a net-zero economy. The scheme was approved under the State aid Temporary Crisis and Transition Framework (‘TCTF’).
The EU Commission is disbursing to Spain the fourth payment for €9.9 billion (net of pre-financing) in grants, under the Recovery and Resilience Facility (RRF). As for all Member States, payments made to Spain under the RRF are performance-based and depend on the implementation by Spain of the investments and reforms described in its recovery and resilience plan.
Ukraine receives the first payment of €1.5 billion generated from immobilised Russian assets. These extraordinary revenues generated by EU operators and held by central securities depositories from immobilised Russian sovereign assets were made available by Euroclear to the Commission as a first instalment on 23 July 2024.
The EU Commission has approved an amendment to Bulgaria’s map for granting regional aid from 1 January 2022 to 31 December 2027, within the framework of the Regional aid Guidelines.
Over the last year, the EU Commission opened 529 new infringement procedures and closed over 1 000 cases as Member States have achieved compliance with EU law. 95% of the closed cases were resolved at the early stage of the infringement process. By avoiding lengthy litigation, citizens and businesses can enjoy the benefits of EU law sooner.
The European Investment Bank (EIB) and Aeroportos de Portugal (ANA) have signed a €50 million contract on introducing low-carbon infrastructure at nine airports in mainland Portugal and the Portuguese islands.
The EU wants to showcase European digital solutions, healthcare and medical equipment, as well as green and low-carbon technologies in South Korea.
Infringements of EU competition law: the former Czech rules on limitation are incompatible with EU law. Those rules make it practically impossible or excessively difficult to claim damages for continuous anticompetitive practices.
On 17 and 18 April, the European Council adopted conclusions on Ukraine, the Middle East, Türkiye and a new European competitiveness dea. The European Council also underlined the Union’s and its Member States’ determination to closely monitor and contain any risks stemming from disinformation compaigns during the upcoming European elections.
Insight EU is collecting further reactions on the Letta Report update and reforms of the European Single Market.
The Artemis Accords are a set of non-legally binding principles that describe a vision to create a safe and transparent environment which facilitates exploration, science, and commercial activities in space, grounded in the Outer Space Treaty of 1967.
As transport has accounted for the majority of fossil fuel use for decades, the G7 transport ministers affirmed their intent to continue and strengthen cooperation with relevant United Nations bodies and agencies, including UNECE, to develop internationally harmonized safety and emissions regulations, and guidelines for vehicles to transition away from fossil fuels.
TikTok must provide the risk assessment for TikTok Lite in 24 hours and the other requested information by 26 April 2024, after which the Commission will analyse TikTok’s reply, and then assess next steps.
“The single market is a fundamental asset, a fundamental tool. Thanks to the single market, we have made a lot of progress over the last decade in building a more prosperous European Union with positive consequences for our citizens across the EU” – Council President Charles Michel.
The European Commission has adopted an amendment to its current Work Programme of Horizon Europe, the EU’s research and innovation programme. The amendment mobilises previously unallocated Horizon Europe funding to increase the 2024 budget by nearly €1.4bn to a total of €7.3bn.
The Artemis Accords serve as a framework for international cooperation on space exploration and are based on the Outer Space Treaty and other relevant UN conventions.
Das automatisierte und vernetzte Fahren hat das Potenzial, die Zukunft der Mobilität tiefgreifend zu verändern. Deutschland und China möchten das Thema durch die Verbesserung der Rahmenbedingungen zügig vorantreiben.
China’s Ministry of Commerce (MOC) announced Tuesday that it will impose temporary anti-dumping measures on brandy originating in the EU by requiring importers to pay a cash deposit on purchase. The EU Commmission sees this as an abuse of trade defence for inappropriate reasons and a clear breach of WTO rules.
The meeting made clear the commitment of both parties to transatlantic cooperation in addressing the global threat posed by drug trafficking. Discussions highlighted ongoing efforts to reinforce the resilience of logistical hubs and to deepen bi-regional international law enforcement and judicial cooperation, including on cocaine and synthetic drugs, particularly fentanyl.
Remarks by Gita Gopinath, IMF First Deputy Managing Director, at the NBU-NBP Annual Research Conference, discussing the impacts from one such large shock, Russia’s invasion of Ukraine: its direct effects on Ukraine itself, on neighboring countries, and on the global economy.
China’s new ‘Coast Guard Regulation’ which entered into force on 15 June has added to tensions, rather than reducing them. This new Regulation mandates the detention of foreign persons and vessels throughout the entire area claimed by China, further negating the findings of the 2016 arbitral tribunal, and undermining core principles of UNCLOS.
UN Secretary-General António Guterres on Thursday highlighted the dual-edged nature of cyberspace, stressing its potential for both immense benefits and significant risks when misused.
Today, the Commission took part in an exercise called “Cyber Europe”, designed to test the preparedness in case of a large-scale cyber-attack on Europe’s energy sector.
The U.S. OFAC sanctions target powerful cartel trafficking fentanyl into the United States. A new FinCEN Advisory provides crucial information to help financial institutions track illicit fentanyl financial flows.
Posted Ukrainian workers: the Member State in which the works are carried out may impose an obligation to obtain a residence permit. But the amount of fees for such permits must approximately correspond to the administrative costs generated by the processing of an application for such a permit, which it is for the Netherlands court to determine.
“Putting our economic security strategy into practice, is a constant, careful balancing act. However tempting it may be, we will not make our economy safe by taking drastic, cut-and-dried measures. This is why our approach is one of de-risking through precise, proportionate measures” – EVP Vestager.
The draft regulation changes the current Europol regulation, strengthens the mandate of Europol in order to more actively support member states in tackling these crimes, and introduces increased information sharing requirements to improve national and EU-level cooperation.
During the meeting, discussions will focus on the fight against organised crime and drug trafficking, including on the importance of international law enforcement and judicial cooperation. The participants will also discuss the consequences of Russia’s war of aggression against Ukraine, the irregular migration and the fight against migrant smuggling.
Commissioner Breton and Greek Minister of National Defense Níkos Déndias will discuss strengthening the European defense technological and industrial base, the European Defense Industrial Strategy (EDIS) and the European Defense Industry Program (EDIP) associated with it.
The High Representative will attend working sessions and discussions with Austrian Foreign Minister Alexander Schallenberg, Western Balkans Foreign Ministers and representatives of think tanks and civil society organisations.
The aim of the scheme is to promote the shift of freight and passenger transport from road to rail and to improve the security and efficiency of rail transport. The scheme will be fully funded through the Recovery and Resilience Facility (‘RRF’), following the Commission’s positive assessment of Poland’s Recovery and Resilience Plan and its adoption by the Council.
Borys Budka (EPP, Poland) was elected as Chair of the Industry, Research and Energy (ITRE) committee on Tuesday. He is elected for a two and a half year mandate. During the tenth legislature, the ITRE committee will have 90 members.
On Tuesday, the European Parliament’s Committee on Agriculture and Rural Development (AGRI) elected Veronika Vrecionová (ECR, CZ) as committee Chair for the first half of the legislature.
The transaction primarily concerns the electric vehicle charging and related convenience services sector in the United Kingdom and Ireland.
Growth in demand in 2024 and 2025 is forecast to be among the highest levels in the past two decades, new International Energy Agency (IEA) report finds, with solar photovoltaic alone expected to meet half of the increase.
EIB commits more than €450 million to support Ukrainian energy infrastructure crucial for upcoming winter. The bank also announces a new initiative to increase local-currency lending and EIB guarantees to facilitate access to financing for Ukrainian businesses. And the EIF is to roll out this month €300 million in export-credit guarantees for EU companies trading with Ukraine.
The Gas Balancing Network Code (BAL NC) establishes market-based rules to ensure that gas supply and demand are balanced efficiently within the EU. Its aim is to promote short-term gas wholesale markets by financially incentivising network users to balance their positions using daily or within-day products, thus enhancing market flexibility and efficiency.
The EU Commission has approved a €105 million Dutch scheme to compensate livestock farmers for voluntarily relocating their activities from nature conservation areas in the Netherlands to another location in the Netherlands or in the rest of the EU.
The EU Council has formally adopted a set of updated fisheries measures in the North-East Atlantic Fisheries Commission (NEAFC) area. This concerns new rules on management, conservation and control for the NEAFC area, as well as control measures for certain pelagic species in the North-East Atlantic which were agreed during coastal states consultations.
The regulation approved today promotes the use of digital labels on EU fertilising products while keeping physical labels where they are necessary. It also improves the readability of labels and simplifies the labelling obligations of suppliers.
ACER releases its report on the Slovakian gas transmission tariffs proposed by Eustream A.S., the Transmission System Operator (TSO) of Slovakia. The proposed methodology considers the changes in network patterns caused by the 2022 energy crisis.
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