EU Climate Neutral By 2050

The European Union says it is committed to becoming the first climate-neutral bloc in the world by 2050.  This requires significant investment from both the EU and the national public sector, as well as the private sector, it says. The European Green Deal’s Investment Plan – the Sustainable Europe Investment Plan – presented today will mobilise…

Commission Launches Consultation on Social Europe

The European Commission has published a communication on building a strong social Europe for just transitions.  The Commission also launched a social partner consultation on fair minimum wages. European business supports the objective of a social market economy that works for people. The way forward is to improve the performance of labour markets and social systems…

Protecting the EU’s IP

The European Commission published today the latest report on protection and enforcement of Intellectual Property Rights (IPR) in third countries. While developments have taken place since the publication of the previous report, concerns persist and a number of areas for improvement and action remain to be addressed. Intellectual property rights infringements worldwide cost European firms…

Modernisation of Grupo Ruiz

The European Investment Bank (EIB) is set to finance the modernisation of Grupo Ruiz’s bus fleet by facilitating €27.5 million for the introduction of 173 safer, less polluting and more modern vehicles.  EIB Vice-President Emma Navarro and Grupo Ruiz CEO Gregorio Ruiz signed the agreement in Madrid. The project is supported by the European Fund…

Galway and Rijeka Capitals of Culture 2020

Rijeka (Croatia) and Galway (Ireland) will hold the title of European Capital of Culture for one year from this month. “Thanks to their title of European Capital of Culture, Rijeka and Galway will be harnessing the full potential of culture to enrich our life experience and to bring our communities closer together”, stated Vice-President for Promoting…

Digitalisation in the Financial Sector

The Commission has launched two public consultations on digitalisation in the financial sector.  The first consultation seeks views on the suitability of the existing regulatory framework for crypto-assets including “stablecoins”.  The second one asks for feedback on how the existing legislative framework can be improved to ensure that the financial sector can deal with cyber-attacks…

Agreement Reached on Drinking Water Directive

The Commission says it welcomes the provisional agreement reached by the European Parliament and the Council on the recast Drinking Water Directive.  The agreement is based on the proposal adopted by the Commission in February 2018, as a direct follow-up to the Right2Water European Citizens’ Initiative. It aims to improve the quality of drinking water and access…

New MFA Programme for Jordan

The European Commission has welcomed the endorsement by the Council of the agreement reached with the European Parliament to provide up to €500 million in Macro-Financial Assistance (MFA) to Jordan. This new financial assistance programme is designed to support the country’s ambitious reform agenda, promoting jobs, growth and investment for the benefit of the people of Jordan….

€10m Aid Approved for Rohingya

The European Commission has released a further €10 million in humanitarian aid to address the Rohingya crisis in Bangladesh and Myanmar.  This comes on top of the €33 million funding already announced earlier this year and aims to ensure life-saving assistance to refugees, displaced people and host communities across Myanmar’s Northern Rakhine State and the border district…