These are the headlines of our weekly Insight EU Finance Monitoring, published last Friday night. We publish the headlines of our Insight EU Monitoring mails delayed by several days. To receive real-time monitoring emails, subscribe to our annual target group full-text services on the Insight EU Store page.
On 24 August, the EU marked the 33rd anniversary of Ukraine’s independence from the Soviet Union—a day dedicated to celebrating Ukraine’s unique history, culture, and identity. This day also serves as a reminder to Russia that Ukraine, as a sovereign, free, and independent state, has the inherent right to determine its own foreign policy and security arrangements, in full accordance with international law and the Helsinki Final Act.
The European Commission proposed today the total allowable catches (TACs) and quotas for nine out of the ten stocks managed by the EU in the Baltic Sea. The remaining quota proposal (Bothnian herring) will be submitted at a later stage.
These are the headlines of our weekly Insight EU Finance Monitoring, published last Saturday. We publish the headlines of our Insight EU Monitoring mails delayed by several days. To receive real-time monitoring emails, subscribe to our annual target group full-text services on the Insight EU Store page.
The European Commission has today raised €11 billion of EU-Bonds in its 9th syndicated transaction for 2024. The dual-tranche transaction concerned a €5 billion tap of the EU-Bond maturing on 6 December 2027, and a €6 billion tap of the EU-Bond maturing on 4 October 2039.
44% of respondents now have low or no trust in their national government, surpassing the 39% of respondents who express high or moderately high trust in national government, according to a new OECD report.
Renew Europe MEPs this morning held a lively exchange of views with the candidate for the next President of the European Commission, Ursula von der Leyen.
The G7 Ministers will underscore the pivotal role of science, technology, innovation, and higher education in contributing to a sustainable future, aligned with the shared values of democracy, respect for international law, and the promotion of human rights, fairness and freedom.
Fighting the increasing threat of criminal activities globally, Eurojust has signed Working Arrangements with the Prosecution Services of Bolivia, Chile, Costa Rica, Ecuador, and Peru. The new arrangements will make strategic cooperation between these authorities and Eurojust more effective.
Executive Vice-President for the European Green Deal, Maroš Šefčovič, travels to Slovenia and Croatia to participate in the 5th Annual Political Dialogue of the Coal Regions in Transition Initiative and discuss with national and regional authorities and stakeholders the initiatives undertaken to advance the green transition and decarbonise European industry.
The transaction relates primarily to the telecommunications market. The EU Commission concluded that the notified transaction would not raise competition concerns, given the companies’ limited market positions resulting from the proposed transaction.
The French aid measure consisted in a guarantee on bank loans of €4 billion and a loan of €3 billion. The Dutch aid measure consisted in a guarantee on bank loans of €2.4 billion and a loan of €1 billion.
Continued reforms to boost productivity, improve social mobility and accelerate climate action would put the country on a stronger growth path and further improve living standards, according to a recent OECD report.
OECD labour markets remain tight, with total employment higher than before the COVID-19 pandemic and the OECD unemployment rate close to its lowest level since at least 2001. Jobs growth has slowed, however, and real wages have recovered to pre-2020 levels in only 19 of the 35 OECD countries.
The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control of Ikano Bank AB of Sweden by Ingka Investments B.V. of the Netherlands. The transaction relates primarily to the financial sector.
The EU Commission has approved the acquisition of sole control of Greenergy Halo Holdings III Limited of the UK by Trafigura Group Pte. Limited of Singapore. The transaction relates primarily to the supply of biodiesel, ethanol, and bioethanol.
The EU Commission has today raised €9 billion of EU-Bonds in its 7th syndicated transaction for 2024. The dual-tranche transaction concerned a new €5 billion bond due on 5 October 2029, and a €4 billion tap of the EU-Bond maturing on 5 October 2054.
Today, the EU Commission has adopted the second Work Programme for the digital part of the Connecting Europe Facility (CEF) Digital, which defines the scope and objectives of EU-funded actions to improve Europe’s digital connectivity infrastructures. These actions will receive around €865 million of funding from 2024 to 2027.
Die Mitgliedstaaten der Europäischen Union haben heute im Ausschuss der Ständigen Vertreter (AStV) die Verordnung zur Festlegung harmonisierter Vorschriften für Künstliche Intelligenz (KI-Verordnung, AI Act) einstimmig gebilligt.
The new Digital Partnership will help the EU and Canada address new challenges in digital transformation that impact research, industry, society and the broader economy.
The European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) today published a Report setting out the results of a stocktake of BigTech direct financial services provision in the EU. The Report identifies the types of financial services currently carried out by BigTechs in the EU pursuant to EU licences and highlights inherent opportunities, risks, regulatory and supervisory challenges.
The protocol will provide greater legal certainty, ensuring that data flows between the EU and Japan will not be hampered by unjustified data localisation measures, and also ensuring the benefit from the free flow of data according to the EU and Japan’s rules on data protection and the digital economy.
The scheme offers a Union-wide set of rules and procedures on how to certify ICT products in their lifecycle and thus make them more trustworthy for users. Certification provides a formal recognition that ICT products can be trusted to protect both the hardware and software that citizens are using daily.
“First and foremost, the agreement on the mid-term revision of our Multiannual Financial Framework. At our last meeting in December, 26 Leaders firmly supported a balanced negotiating box which took into account a clear set of main priorities – support for Ukraine, management of migration and its external dimension, support for the Western Balkans and our response to natural disasters” – European Council President Charles Michel.
Today the Commission published the guidance document on the application process for “first-of-a-kind” facilities to request the status of integrated production facility and/or open EU foundry, under the second Pillar of the European Chips Act.
The Commission has set up a task force on age verification with Member States for the implementation of the DSA. The objective is to foster cooperation with national authorities of Member States with expertise in the field to identify best practices and standards in age verification.
UNECE’s Working Party on Automated, Autonomous and Connected Vehicles decided to include motorcycles, scooters and electric bicycles with speed exceeding 25 km/h in the scope of the UN Regulation No. 155 on cyber security and cyber security management.
At a stakeholder meeting on Crafting the Transatlantic Green Marketplace, which takes place on 31 January, stakeholders will present their views and proposals on how to make transatlantic supply chains stronger, more sustainable and more resilient. A series of workshops will take place to boost the transatlantic green marketplace and to promote good quality jobs for the green transition, as well as workshops on the solar supply chain, permanent magnets and investment screening.
Today, the EU launched a Humanitarian Air Bridge operation consisting of three flights from Dubai and Brindisi with the first one reaching Beirut on 11 October. The flights will transport EU-owned stocks including hygiene items, blankets and emergency shelter kits, among other items.
In the light of Russia’s continued war of aggression against Ukraine, the Council today adopted a set of legal acts ensuring that the net profits stemming from unexpected and extraordinary revenues accruing to central securities depositories (CSDs) in the EU, as a result of the implementation of the EU restrictive measures, will be used for further military support to Ukraine, as well as its defence industry capacities and reconstruction.
Hybrid Rapid Response Teams are one of the key instruments to support EU member states and partner countries in countering hybrid threats as part of the EU Hybrid Toolbox.
ICC Prosecutor Karim A.A. Khan KC is filing applications for arrest warrants before “Pre-Trial Chamber I” of the International Criminal Court (ICC) related to the “Situation in the State of Palestine”: against Hamas leaders Yahya Sinwar, Mohammed Diab Ibrahim Al-Masri (Deif), Ismail Haniyeh, and Israel’s PM Benjamin Netanyahu, and MoD Yoav Gallant.
The European Union offers its condolences for the death of Iranian President Ebrahim Raisi, Foreign Minister Hussein Amir Abdollahian and other Iranian officials involved in the helicopter crash on Sunday. Russian Prime Minister Mishustin noted the “great personal contribution” of Raisi to “strengthening friendly and good-neighborly Russian-Iranian relations”.
At his inauguration, Taiwanese President Lai delivered his address titled “Building a democratic, peaceful, and prosperous new Taiwan.”
“Sans parler de nos travaux visant à libérer le potentiel des données industrielles en Europe, à construire une puissance industrielle et innovante autour de l’IA et à faire en sorte que notre industrie puisse tirer parti de notre excellence dans le cloud et le quantique et de la puissance de nos supercalculateurs” – le Commissaire Breton.
On the morning of May 16, President Xi Jinping held a restrictive meeting with Russian President Vladimir Putin, who was in China on a state visit. Here is how both sides commented on the outcome of the visit.
The UN International Court of Justice (ICJ), on Friday, heard the response from Israel on the case brought forward by South Africa requesting emergency provisional measures to immediately halt Israeli military operations under way in Rafah, in southern Gaza.
On 16 May, the NATO Military Committee in Chiefs of Defence Session took place at NATO Headquarters in Brussels. The 32 Allied Chiefs of Defence focused on the executability of the Alliance’s new defence plans, NATO’s warfighting transformation and NATO’s continued support to Ukraine.
A new team of experts from the International Atomic Energy Agency arrived at Ukraine’s Zaporizhzhya Nuclear Power Plant (ZNPP) today, crossing the frontline to reach the site as part of the IAEA’s indispensable mission to help prevent a nuclear accident during the armed conflict, Director General Rafael Mariano Grossi said.
Over 2000 Ministers, high-ranking officials, experts and delegates from all over the world will convene at the International Conference on Nuclear Security: Shaping the Future (ICONS 2024) hosted by the IAEA in Vienna, next week.
The EU Council decided to suspend the EU broadcasting activities of four additional media outlets, which spread and support the Russian propaganda and war of aggression against Ukraine: Voice of Europe, RIA Novosti, Izvestia and Rossiyskaya Gazeta.
On Thursday and Friday, EU Climate Commissioner Wopke Hoekstra will participate in the Pre-COP29 meeting in Baku, Azerbaijan. With just a month to go until the COP29 UN Climate Change Conference (11 – 22 November), this meeting is a key opportunity for ministers from across the globe to come together ahead of the formal UN climate negotiations.
The EU’s green reach strategy will need to use a broad range of levers to build equitable partnerships that will help partners make deeper emissions cuts. Bruegel, a leading EU-based think tank, points out how.
The European Council adopted the Strategic Agenda for the European Union 2024 – 2029. Get an insight into the strategy set out by the European heads of state or government.
“Europe is experiencing a demographic revolution. Our age pyramid is changing, with more people aged over 65 and a significant number over 80. Children born today are likely to live up to 100 years or more. This shift, coupled with lower birthrates, inevitably leads to a shrinking population and workforce. It therefore demands a profound rethinking of our frameworks, because they were built for shorter lifespans” – VP Šuica.
EU Commissioner for Climate Action Wopke Hoekstra meets in Rome with government representatives and stakeholders to discuss the path towards decarbonisation. He will also join climate leaders and advocates at the Climate Reality Leadership Training, organised by former US Vice-President Al Gore’s ‘Climate Reality Project’.
The 10th Energy Infrastructure Forum kicks off today in Copenhagen, Denmark, in the presence of Commissioner for Energy Kadri Simson, who delivered a speech during the high-level opening session.
The EU Commission has published the 2024 edition of the Science, Research and Innovation (R&I) Performance report (SRIP). Over the past two decades, there has been an increase in EU investments in R&I which has contributed to the EU’s competitiveness in green tech especially, and to the overall high quality of EU research.
With the two decisions adopted on 30 May 2024, the Council of the European Union gave the final green light for the European Union and Euratom to leave the Energy Charter Treaty; at the same time, remaining member states will be able to support its modernisation when voted during the next Energy Charter Conference.
“There is an urgency to our three sides working closely together to identify potential supply chain vulnerabilities for strategic goods that have resulted from a wide range of non-market policies and practices” – joint statement by Japan, South Korea, and the United States.
Hydrogen Valley Days marked a new milestone in efforts to further develop Europe’s green hydrogen regions, with the signing of the first memoranda of co-operation with national and regional authorities and the announcement of a facility designed to get more hydrogen projects to the financing stage.
Das Monitoring der Bundesregierung begleitet die Entwicklung der Energiewende fortlaufend: Wo steht die Energiewende in Deutschland? Welche Maßnahmen wurden ergriffen? Welche Wirkung entfalten sie? Und werden wir unsere Ziele erreichen oder muss nachgesteuert werden?
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