Today the European Commission has updated the EU Air Safety List, the list of airlines...
Today Slovakia announced that it will contribute €400 million to projects benefiting from finance by the European Fund for Strategic Investments (EFSI), at the heart of the €315 billion Investment Plan for Europe. Slovakia is the seventh country to contribute to the Plan, even before the EFSI becomes operational, after Germany, Spain, France, Italy, Luxembourg and Poland. The contribution will come via Slovenský Investičný Holding and Slovenská Záručná a Rozvojová Banka, Slovakia's National Promotional Banks.
The European Commission has found that the main elements of Germany's proposal for a national support scheme for the roll out of next generation access (NGA) broadband networks are in line with EU state aid rules. The € 3 billion scheme aims at providing high speed internet access throughout the country, including in rural areas. This will favour economic, social and cultural integration. The Commission concluded that overall the scheme furthers the objectives of the EU Digital Strategy whilst maintaining competition in the Single Market.
On the occasion of the World Day Against Child Labour, Federica Mogherini, High Representative of the Union for Foreign Affairs and Security Policy and Vice-President of the Commission, Neven Mimica, Commissioner for International Cooperation and Development, Christos Stylianides, Commissioner for Humanitarian Aid and Crisis Management, Marianne Thyssen, Commissioner for Employment, Social Affairs, Skills and Labour Mobility and Věra Jourová, Commissioner for Justice, Consumers and Gender Equality and made the following statement:
In April 2015 compared with March 2015, seasonally adjusted industrial production rose by 0.1% in both the euro area (EA19) and the EU28, according to estimates from Eurostat, the statistical office of the European Union. In March 2015 industrial production decreased by 0.4% and 0.1% respectively. 12 June 2015
On 16 June, First Vice-President Frans Timmermans hosts the annual high level meeting with religious leaders. On 2 June, the First Vice-President met with philosophical and non-confessional organisations.
The European Union is increasing its support for Burkina Faso's transitional government today with the signing of a €120 million budget support agreement covering a period of 18 months, financed under the 11th European Development Fund. This budget support has been quickly put in place to consolidate the country's democratic gains following the popular uprising at the end of October 2014. Its aim is to promote much-needed political, economic and social stability.
Today, EU High Representative/Vice-President of the Commission Federica Mogherini signed a €346 million new regional funding programme with the Caribbean region until 2020. This represents more than a doubling of the funds that were available in previous years (€165 million euros).
The European Commission disbursed today €10 million in grants to the Kyrgyz Republic as part of the EU Macro-Financial Assistance (MFA) for the country.
Ladies and Gentlemen,Welcome to Brussels, it is a great pleasure to host you in Brussels for the second edition of the EU-CELAC Summit.
EU-CELAC Business Summit heralds new funding for regional development
The European Commission has today announced €118 million of new support for Latin America and the Caribbean, to increase EU investment and business cooperation in the region.
The European Commission has concluded that Latvia's project to establish a financial institution (the Latvian Single Development Institution - SDI) is compatible with EU state aid rules. The SDI will facilitate access to finance for small and medium sized enterprises (SMEs) and other players that face obstacles to raise financing in the market.
The 28 Member States of the European Union (EU) and the 33 Latin American and Caribbean countries of the CELAC are home to more than one billion people. CELAC countries also represent a major trading partner for the EU. 9 June 2015
In 2014-2020 over 351 billion euro will be available to EU Member States, regions and cities under the Cohesion Policy (European Regional Development Fund, European Social Fund and the Cohesion Fund). For many of these countries it is the main source of public funding. It is imperative this money is well invested and managed as weaknesses in national, regional and local administrations can put the success of these programmes at risk.
Good morning ladies and gentlemen, and welcome to our conference on the Capital Markets Union. It is good to see so many of you here. It shows how much interest there is in the project, which President Juncker has established as one of the Commission's top priorities.
The European Commission has issued two injunctions ordering Estonia and Poland to deliver within one month information requested by the Commission on their tax rulings practice. Both countries have to-date refused to respond in full to previous information requests. Should any of the two fail to deliver the missing information within one month, the Commission may refer that Member State to the EU Court of Justice.
Today, the European Commission and the Baltic Sea Region countries have signed a Memorandum of Understanding modernising and strengthening the Baltic Energy Market Interconnection Plan. At the same time, 12 European countries signed a declaration for regional cooperation on security of electricity supply within the European internal market. This was followed by the signature of a political declaration of the Pentalateral Energy Forum.
Commissioner for European Neighbourhood Policy and Enlargement Negotiations Johannes Hahn has just spoken to SDSM President Zoran Zaev and clarified one issue relating to the cross-party dialogue facilitated by the EU, further to the agreement reached in Skopje on Tuesday, 2 June.
Under the motto “Think ahead, act together”, the 41st edition of the summit of the “Group of Seven Nations” (G7) will take place from 7 to 8 June in Schloss Elmau, Bavaria (Germany). The European Union will be represented by the President of the European Commission, Jean-Claude Juncker, and the President of the European Council, Donald Tusk. The main topics on the agenda, as set out by this year's German presidency, are the global economy, trade, as well as foreign affairs, security and health and development issues.
The European Commission has today adopted its first third country equivalence decisions under Solvency II, the EU's new prudential regulatory regime which sets out rules to develop a single market for the insurance sector. After receiving equivalence, EU insurers can use local rules to report on their operations in third countries, while third country insurers are able to operate in the EU without complying with all EU rules.
The European Commission has today adopted an implementing act that will extend the transitional period for capital requirements for EU banking groups’ exposures to central counterparties (CCPs) under the Capital Requirements Regulation (CRR). The CRR introduced a capital requirement for the exposures of EU banks and their subsidiaries to a CCP.
Today, European Commissioner for International Cooperation and Development, Neven Mimica, co-signed new regional funding for cooperation with Southern, Eastern Africa and the Indian Ocean, between now and 2020.
In April 2015 compared with March 2015, the seasonally adjusted volume of retail traderose by 0.7% in the euro area (EA19) and by 0.6% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In March3 retail trade fell by 0.6% and 0.4% respectively. 3 Jun 2015
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