eupolicy
A joint call for action issued by France and Germany on the eve of today's Competitiveness Council (24 May) proposes measures to boost industry competitiveness for the next five years, targeting cross-border energy infrastructure, critical raw materials and discussions on the 2040 climate target. The joint-paper signed by German Vice-Chancellor Robert Habeck, German Federal Minister for the Economy and Climate Protection, and Bruno Le Maire, French Minister for the Economy, Finance and Recovery, calls on the next European Commission's work programme to focus on specific priorities including si...
Euronews (English)
A rift within Austria’s federal government and crumbling opposition in some regions means the country’s veto of EU legislation designed to reverse decades of ecosystem degradation across the union is now in question. Austria is one of a group of countries that has said it would not support the proposed Nature Restoration Law (NRL) in an inter-governmental vote, despite previous agreement between the EU Council and European Parliament over the key environmental legislation. Environment minister Leonore Gewessler, a Green and a staunch supporter of the law, has been constrained by the opposition...
Euronews (English)
With energy ministers expected to call on the European Commission next week to promote the development of Europe’s power grid, the electricity industry has warned that annual investment in local distribution networks will need to double to some €67bn or risk jeopardising the energy transition. In a report published on Wednesday (22 May) during its annual conference in Greece, the trade association Eurelectric has concluded that Europe’s transition away from fossil fuels, and its net-zero target, are at stake. Without investing a sum equivalent to 0.4% of the EU’s annual economic output (GDP) i...
Euronews (English)
After a five-year-long investigation, the EU executive found Mondelēz illegally restricted retailers from sourcing their products from member states where prices were lower, allowing the US packaged food company to maintain higher prices. “This harms consumers who end up paying more for chocolates, biscuits and coffee. It's a key concern to European citizens and even more obvious in times of very high inflation, where many are in a cost of living crisis,” Commission Vice-President Vestager told a press conference today (23 May). She announced a fine of €337.5 for Mondelēz for breaching EU anti...
Euronews (English)
Clarity on who will lead the AI Office might only come after summer, as internal processes to set up the new unit within the European Commission will first need formal approval by the College of Commissioners, EU officials told Euronews. The AI office, an internal department within the Commission, will supervise the rules for general-purpose AI systems and function as a central coordination body for AI policy at EU level, coordinating with other departments within the EU executive, its agencies, companies and the 27 Member States. The AI Act – Europe’s groundbreaking law to regulate the machin...
Euronews (English)
Minimum income schemes are a safety net of last resort, designed to ensure a decent standard of living for those in dire economic circumstances - yet young individuals are often either ineligible or subject to strict conditions, according to an analysis by the European Trade Union Institute (ETUI). “When looking at these schemes, we do see that young people are quite discriminated,” Bianca Luna Fabris, ETUI’s researcher and co-author of the report, told Euronews, adding that “just because they are young, they can’t access these schemes”. In Denmark, for example, only those aged 29 or more qual...
Euronews (English)
Three people connected to Italian businesses allegedly made bogus claims more than €375,000 in EU agricultural funds between 2020 and 2023, of which €65,000 has already been drawn from Italy’s payment agency. The 368 hectares of farmland they claimed to own in order to receive the subsidies were not actually theirs, however, according to the authorities, belonging instead to the naval air station of Sigonella, for which the three suspects used to simply cut the grass. “That is why they were not allowed to use it for agricultural activities, but only to carry out the grass mowing service,” said...
Euronews (English)
The latest move of a senior European Commission antitrust official to a private law firm has prompted a probe by the EU’s Ombudsman, who is worried about conflicts of interest. Revolving doors between the private and public sector can have a “corrosive effect” on public trust, fueling euroscepticism and undermining EU interests, said Emily O’Reilly, in a letter published today (22 May). In an 8 May press release, law firm Paul, Weiss announced the hire of Henrik Morch, a director in the Commission’s antitrust arm with a 30-year career. The New York-based law firm cited Morch’s “extensive exper...
Euronews (English)
Rival candidates to take the helm of the European Commission sparred over the size of the bloc's trillion-euro budget, as the EU election campaign enters its final weeks. Ursula von der Leyen hinted at a new centrally-funded European air defence system and tariffs on Chinese goods as the German centre-right politican seeks a second term as Commission president. But she and her rivals – including Sandro Gozi, a French MEP from Emmanuel Macron’s Renew Europe party, and Danish right-wing candidate Anders Vistisen – don't see eye to eye on how to adjust the EU’s finances. “You don’t cut the budget...
Euronews (English)
Governments have given the final rubber stamp to new rules on the functioning on the EU’s internal market for electricity, which aim to limit the dramatic price surges and windfall profits seen during the 2022 energy crisis. The pricing model used for spot sales of electricity meant power prices tracked the soaring cost of gas in the wake of Russia’s invasion of Ukraine, leading to high prices for end users and huge profits for electricity firms, especially for renewable wind, solar or hydro power where marginal costs are close to zero. Under a revised market regulation, the essential model re...
Euronews (English)
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