Monthly Archives: July 2015

Joint Statement by HRVP Mogherini and Commissioner Hahn on the adoption of the Reform Agenda in Bosnia and Herzegovina

The adoption of the Reform Agenda by Bosnia and Herzegovina authorities is a crucial step forward for the country’s EU integration path. Bosnia and Herzegovina authorities, in consultation with the European Union and International Financial Institutions, agreed a concrete set … Continue reading

Posted in General | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off

State aid: Commission approves €125 million in restructuring aid to Kem One

Following an in-depth investigation, the European Commission has taken the view that the public aid measures in support of Kem One SAS, a chlorochemicals and PVC producer, are compatible with the EU’s State aid rules, in particular the rules on … Continue reading

Posted in General | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off

State aid: Commission refers France to Court for failure to recover incompatible aid from airlines

The European Commission has referred France to the European Court of Justice for failing to recover incompatible aid received by Ryanair and its subsidiary Airport Marketing Services (AMS) for using Pau, Nîmes and Angoulême airports, as well as Transavia for … Continue reading

Posted in General | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off

State Aid: Commission approves €33 million aid for charging infrastructure used by electrical vehicles in the Netherlands

The European Commission has approved, under EU State aid rules, Dutch plans to providealmost €33 million of public funding for the installation and operation of charging stations for electric vehicles. This scheme willcontribute to the roll-out of the necessary infrastructure … Continue reading

Posted in General | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off

Trillion-euro global high-tech trade deal agreed

The European Union, the United States, China and the vast majority of the World Trade Organization (WTO) members that were participating in the negotiations agreed today to eliminate custom duties on 201 high-tech products. The extension of the 1996 Information … Continue reading

Posted in Agriculture Sector | Comments Off

State aid: Commission opens in-depth investigation into restructuring of Portuguese bank Banif

The European Commission has opened an in-depth investigation to assess whether state aid granted by Portugal to Banco Internacional do Funchal S.A (Banif) was compatible with EU State aid rules. In particular, the final restructuring plan for Banif should ensure … Continue reading

Posted in General | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off

Commission allocates €16.2 million from the EU Solidarity Fund to Greece and Bulgaria in the wake of natural disasters

Today the Commission decided to grant aid worth €16.2 million from the EU Solidarity Fund to Greece and Bulgaria following natural disasters that occurred in the winter of 2015. Greece suffered from wide-spread flooding affecting five of its regions, while … Continue reading

Posted in General | Comments Off

State aid: Commission approves €117 million in investment aid for NEXEN tyre plant in Czech Republic

The European Commission has approved regional investment aid totalling almost €117million (CZK 3 207 million) to Nexen Tire Corporation Czech s.r.o. (Nexen) for the construction of a tyre production plant in Žatec, Czech Republic. The Commission found that the aid … Continue reading

Posted in General | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off

New breakdowns of monetary and financial statistics

The forthcoming statistical releases on monetary developments, bank retail interest rates, investment funds and financial vehicle corporations will include new breakdowns, which adhere to the recently adopted version of the European System of Accounts (ESA 2010) The new data will … Continue reading

Posted in General | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off

State aid: Commission orders France to recover €1.37 billion in incompatible aid from EDF

The European Commission has decided that Électricité de France (EDF), the main electricity provider in France, has been granted tax breaks incompatible with EU rules on State aid. In 1997 France did not levy all the corporation tax payable by … Continue reading

Posted in General | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off