A new set of rules and legislation governing the 2014-2020 round of EU investments came into...
The European Commission has today announced €24.4 million from the EU budget for urgently needed Ebola research. The funding will go to five projects, ranging from a large-scale clinical trial of a potential vaccine, to testing existing and novel compounds to treat Ebola.
An estimated €177 billion in VAT revenues was lost due to non-compliance or non-collection in 2012, according to the latest VAT Gap study published by the Commission today.
The European Commission is increasing its humanitarian assistance for the Iraq crisis by an additional €3 million as winter approaches and the number of civilians forced to abandon their homes continues to rise as a result of the fighting.
The European Commission has today adopted the German federal Operational Programme for the implementation of the European Social Fund
The European Commission has found that four international banks, RBS, UBS, JP Morgan and Crédit Suisse, operated a cartel on bid-ask spreads of Swiss franc interest rate derivatives in the European Economic Area (EEA). The Commission imposed fines worth a total of € 32 355 000. RBS received immunity from fines for revealing the existence of the cartel to the Commission.
More than 20,000 entrepreneurs have already benefited from loans and guarantees worth a total of €182 million under the European Progress Microfinance Facility, according to the latest European Commission report about the implementation of this financial instrument. In particular, the report finds that Progress Microfinance has significantly contributed to job creation, by enabling credit for unemployed or inactive people struggling to borrow money from financial institutions.
The European Commission has adopted a "Partnership Agreement" with Austria setting down the strategy for the optimal use of European Structural and Investment Funds throughout the country. Today’s agreement paves the way for investing €3.9 billion for rural development and €1.24 billion in total Cohesion Policy funding over 2014-2020 (including European Territorial Cooperation funding).
The European Commission has decided to refer Belgium to the EU Court of Justice for discriminatory taxation of collective investment undertakings (CIUs) established in other Member States of the EU or of the EEA. This discrimination constitutes a barrier to the free movement of financial services and capital in the single market.
The European Commission has concluded that UK plans for setting up the British Business Bank (BBB), an integrated entity for managing SME access to finance programmes in the UK, are in line with EU state aid rules. In particular, the Commission considered that the BBB concept addresses market failures that hamper SME access to finance in an appropriate and proportionate way, without unduly distorting competition in the Single Market.
The European Commission has proposed to provide Finland with €1.4 million from the European Globalisation Adjustment Fund (EGF) to help 565 former workers of the shipyards STX Finland Oy to find new jobs. The proposal now goes to the European Parliament and the EU's Council of Ministers for approval.
The European Commission and Europe's data industry have committed to invest €2.5 billion in a public-private partnership (PPP) that aims to strengthen the data sector and put Europe at the forefront of the global data race.
The European Commission has today adopted the French national Operational Programme for the implementation of the European Social Fund (ESF) in mainland France in the period 2014-2020.
An award ceremony will take place at the Horta Museum in Saint-Gilles, Brussels, on 10 October (17.30) to celebrate its success in the 2014 European Union Prize for Cultural Heritage / Europa Nostra Awards.
The European Commission has proposed to provide Greece with €7.2 million from the European Globalisation Adjustment Fund (EGF) to help 761 former workers of the clothing retail chain Sprider Stores to find new jobs, and to extend its support to 505 young people not in employment, education or training (NEETs). Most of the redundancies happened in the regions of Attica and Central Macedonia.
I would like to welcome you all to this year’s Open Days. For me this is a particularly important moment. It is after all my last Open Days as Commissioner responsible for Regional Policy.
The European Commission has proposed to provide Ireland with €1.5 million from the European Globalisation Adjustment Fund (EGF) to help 138 former workers of the jewellery firm Andersen Ireland Limited to find new jobs.
"We are all working hard to deliver stronger growth and better employment prospects for our citizens. While the public sector alone cannot deliver the growth that we need, well targeted public funding can help to stimulate growth. That is why we worked so hard together to agree on a modern, future oriented budget for the EU when we agreed last year on the multi annual financial framework (MFF).
EU Development Commissioner, Andris Piebalgs, has today announced a new project to promote and protect the rights of migrants moving between developing countries, worth over €10 million. The project focuses on two types of migrants: those who carry out domestic work in the recipient country (e.g. house-cleaning) and those who fall victim of human trafficking.
The European Commission has opened an in-depth investigation to examine whether Portugal's plans to grant €36.15 million public financing to Volkswagen Autoeuropa, a subsidiary of the Volkswagen group, for an investment project in the Setubal region are in line with EU state aid rules. The opening of a formal investigation gives interested third parties the possibility to comment on the proposed measure.
Mobility of researchers in Europe received a boost today with the launch of a consortium that aims to establish a new pan-European pension arrangement. Once put in place, the RESAVER initiative would mean that researchers could move freely without having to worry about preserving their supplementary pension benefits.
The European Commission has today adopted a new programme for emergency market measures for perishable fruit & vegetables in the wake of the Russian ban on imports of certain EU agricultural products. Worth up to €165 million, this new scheme provides support to withdraw surplus volumes from the market and comes in addition to the programme worth up to €125 million for fruit & vegetables that was announced on August 18, but suspended on September 10 because provisional applications showed that the full budget allocation had already been claimed.
The European Commission welcomes today's adoption by the Council of the Directive on disclosure of non-financial and diversity information by large companies and groups. Companies concerned will disclose information on policies, risks and outcomes as regards environmental matters, social and employee-related aspects, respect for human rights, anti-corruption and bribery issues, and diversity on boards of directors.
Today, Commissioner for Industry and Entrepreneurship Ferdinando Nelli Feroci signed two Agreements with the former Yugoslav Republic of Macedonia and Moldova formalising the entry of both countries in the EU's Competitiveness of Enterprises and Small and Medium-Sized Enterprises Programme (COSME) (2014-2020). It is the first time a country from the Eastern Partnership, Moldova, joins this programme.
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