Tag Archives: EC

EBRD Joins Forces with Baltic Nations for MSCI Initiative, Strengthening Investor Appeal

(IN BRIEF) Estonia, Latvia, and Lithuania, in collaboration with the EBRD, EC, and Nasdaq Baltic, are welcoming the MSCI initiative to consolidate their markets into a single index. This integration will raise the region’s profile among international investors who track … Read the full press release

The insurance industry, Europe’s largest institutional investor, supports the EC’s proposal for the EUGBS (EU Green Bond Standard)

(PRESS RELEASE) BRUSSELS, 29-Sep-2021 — /EuropaWire/ — Insurance Europe, the European insurance and reinsurance federation, has announced the publication of its response to a consultation by the EC on its proposal for an EU Green Bond Standard (EUGBS). The insurance … Read the full press release

Aimmune Therapeutics’ PALFORZIA the first-ever treatment option approved for peanut allergy in the EU

(PRESS RELEASE) VEVEY, 21-Dec-2020 — /EuropaWire/ — Nestlé Health Science Company, Aimmune Therapeutics announces that PALFORZIA® [defatted powder of Arachis hypogaea L., semen (peanuts)], has been approved by the European Commission for the treatment of peanut allergy in the European … Read the full press release

The COVID-19 vaccine based on Sanofi’s recombinant protein-based technology and GSK’s pandemic adjuvant system secures 300 million doses order from the European Commission (EC)

Agreement signed today supports scale-up of manufacturing capabilities in several European countries Vaccine candidate uses Sanofi’s recombinant protein-based technology combined with GSK’s pandemic adjuvant system (PRESS RELEASE) PARIS, 18-Sep-2020 — /EuropaWire/ — Sanofi (EPA: SAN), a global biopharmaceutical company focused … Read the full press release

FMO’s NASIRA program to provide financial support to underserved entrepreneurs gets backing from EU and Dutch government

The HAGUE, 16-Jul-2018 — /EuropaWire/ —The European Comission (EC), has approved up to €75 million in guarantees and up to €8 million in Technical Assistence to FMO’s NASIRA program (NASIRA). The NASIRA risk sharing facility aims to provide access to … Read the full press release

EC found Belgium’s 12-months excise duty reductions phasing-out scheme granted to 7 biofuel producers in line with EU state aid rules

Brussels, Belgium, 18-10-2013 — /EuropaWire/ — The European Commission has found a 12-months phasing-out of excise duty reductions granted by Belgium to seven biofuel producers to be in line with EU state aid rules. The seven producers, who were selected in 2006 … Read the full press release

EC opened in-depth investigation into Belgian Walloon region funding granted to steel group Duferco

Brussels, Belgium, 18-10-2013 — /EuropaWire/ — The European Commission has launched an in-depth enquiry to determine whether the funding granted to steel group Duferco by the Walloon region of Belgium complies with the European Union’s state aid rules. The launch of the … Read the full press release

EC approved €465 million Polish state aid for series of gas pipelines construction

Brussels, Belgium, 16-10-2013 — /EuropaWire/ — The European Commission has found a 1 950 million PLN (approx. €465 million) support measure for the construction of a series of gas pipelines and modernisation works in different parts of Poland to be in line … Read the full press release

EU General Court validates EC’s decision in Case T-275/11 Télévision française 1 (TF1) v Commission

The General Court confirms the validity of the Commission Decision according to which the long-term funding mechanism of France Télévisions constitutes State aid compatible with the internal market  Luxembourg, 16-10-2013 — /EuropaWire/ — Within the context of the reform of public broadcasting, France … Read the full press release

EC: Calabria bus services company Simet SpA is not entitled to public service compensation under EU state aid rules

Brussels, Belgium, 02-10-2013 — /EuropaWire/ — The European Commission has concluded that a planned monetary compensation in favour of Simet SpA, which provides bus services to and from Calabria, is incompatible with EU state aid rules. By a judgment of March 2010, … Read the full press release

EC approves €20.5M state aid granted by France to Renault for diesel hybrid commercial vehicles research

Brussels, Belgium, 02-10-2013 — /EuropaWire/ — The European Commission has decided that the aid granted by France to the motor vehicle manufacturer Renault to help it conduct the ‘HYDIVU’ research and development programme complies with the EU rules on state aid. The … Read the full press release

The European Commission adopted communication on shadow banking and proposed new rules for money market funds (MMFs)

04-9-2013 — /EuropaWire/ — The Commission has today adopted a communication on shadow banking and proposed new rules for money market funds (MMFs). The communication is a follow-up to last year’s Green Paper on Shadow Banking (IP/12/253). It summarises the work undertaken so far by … Read the full press release

EC invites comments from interested parties on German railway incumbent Deutsche Bahn commitments concerning its pricing system for traction current in Germany

16-8-2013 — /EuropaWire/ — The European Commission is inviting comments from interested parties on commitments offered by the German railway incumbent Deutsche Bahn (DB) regarding its pricing system for traction current in Germany. Traction current is electricity used to power locomotives. … Read the full press release

EC Vice-President Viviane Reding in Bulgaria for the Future of Europe Debate

22-7-2013 — /EuropaWire/ — “Bulgaria must stay on the reform path, and its citizens have a key role to play in the process”, said European Commission Vice-President Viviane Reding ahead of a dialogue with over 250 citizens in Sofia (Bulgaria) which she will … Read the full press release

EC to investigate Slovenian state aid to Renault subsidiary Revoz

Brussels, 3-7-2013 — /europawire.eu/ — The European Commission has opened an in-depth investigation to examine whether Slovenian plans to grant public financing to car maker Revoz, d.d., a subsidiary of Renault S.A of France for an investment project in the Novo Mesto … Read the full press release

EC report calls for more coherent EU response to migration challenges and opportunities

Brussels, 18-6-2013 — /europawire.eu/ —  How are the EU and its Member States addressing the challenges and opportunities of migration? Analysing the 2012 and early 2013 developments in the areas of immigration and asylum, a Commission report published today calls for … Read the full press release

EC, ECB on the conclusion of the third review of the financial assistance programme for Spain

Brussels, 4-6-2013 — /europawire.eu/ —  A delegation from the European Commission, in liaison with the European Central Bank, the European Stability Mechanism and the European Banking Authority, carried out the third review of the financial sector assistance programme for Spain from … Read the full press release

EC recommends to the Council to abrogate Excessive Deficit Procedure for 5 EU member states

Brussels, 30-5-2013 — /europawire.eu/ —  Commission takes steps under the Excessive Deficit Procedure.   Which decisions has the Commission taken today as regards the Excessive Deficit Procedure? The Commission has today recommended that the Council abrogate the Excessive Deficit Procedure (EDP) … Read the full press release

EC, CERN to support the construction of SESAME, major research facility in the Middle East

Brussels, 28-5-2013 — /europawire.eu/ —  The European Commission and CERN have today agreed to support the construction of SESAME, one of the most ambitious research facilities in the Middle East. SESAME is a so-called synchrotron light source, functioning in effect like … Read the full press release

EC rolls out Action Plan to revitalise the marine and maritime economy in the Atlantic Ocean Area

Brussels, 13-5-2013 — /europawire.eu/ — The European Commission has today adopted an Action Plan to revitalise the marine and maritime economy in the Atlantic Ocean Area. The Action Plan follows from the Atlantic Strategy the Commission adopted in 2011 (see IP/11/1456). It aims … Read the full press release

EC, ECB and IMF on the Tenth Review Mission to Ireland

Brussels, 9-5-2013 — /europawire.eu/ — Staff teams from the European Commission (EC), European Central Bank (ECB), and International Monetary Fund (IMF) visited Dublin during April 23rd – May 2nd, 2013 for the tenth review of the government’s economic programme and met with … Read the full press release

Progress on 2013 annual budget paves way to start long-term budget negotiations on the Multiannual Financial Framework

7-5-2013 — /europawire.eu/ — The President of the European Parliament Martin Schulz, the Presidency of the Council of Ministers and the President of the European Commission met in Brussels on 6 May to discuss budgetary matters. They agreed on key points … Read the full press release

EC reopened inquiry into the tax aid awarded to Electricité de France following Court judgment

Brussels, 3-5-2013 — /europawire.eu/ — The European Commission has reopened an inquiry into certain tax measures for Electricité de France (EDF) related to the electricity grid. This follows a judgment handed down by the Court of Justice of the European Union (Case C-124/10 P) … Read the full press release

EC claims €230m of EU agricultural policy funds unduly spent by Member States

Brussels, 3-5-2013 — /europawire.eu/ — A total of €230 million of EU agricultural policy funds, unduly spent by Member States, is being claimed back by the European Commission today under the so-called clearance of accounts procedure. However, because some of these amounts … Read the full press release

The EC to proceed with plan to better protect bees from pesticides

Brussels, 2-5-2013 — /europawire.eu/ — Today, EU Member States did not reach a qualified majority – either in favour or against – in the Appeal Committee1 which discussed a Commission proposal to restrict the use of 3 neonicotinoid insecticides. Tonio Borg, Health and Consumer Commissioner, said: “Although a majority of Member States now … Read the full press release

EC final public consultation on state aid criteria for films and audiovisual works

Brussels, 1-5-2013 — /europawire.eu/ — The European Commission has launched the third and final public consultation in its review of the state aid criteria it uses to assess Member States’ support schemes for films and other audiovisual works. The criteria are set out … Read the full press release

Mr Ognian Zlatev takes office as the new Head of the European Commission’s Representation in Sofia, Bulgaria

Brussels, 1-5-2013 — /europawire.eu/ — Mr Zlatev has been working since 2011 as Head of Communication at the Directorate General for Employment, Social Affairs and Inclusion. In this role he helped communicating effectively the Commission’s actions to tackle youth unemployment and social … Read the full press release

Olympic Air and Aegean Airlines deal to be investigated by EC under the EU merger regulation

Brussels, 23-4-2013 — /europawire.eu/ — The European Commission has opened an in-depth investigation under the EU Merger Regulation into the proposed acquisition of Olympic Air by Aegean Airlines. The companies are the two main Greek airlines offering passenger air transport services on … Read the full press release

Joint Statement by the EC, the ECB, and the IMF on Portugal

Lisbon, 23-4-2013 — /europawire.eu/ — A joint mission comprising staff teams from European Commission (EC), European Central Bank (ECB), and International Monetary Fund (IMF) visited Lisbon during April 15-18. The mission discussed with the government compensating policy measures for meeting the … Read the full press release

EC report on the former Yugoslav Republic of Macedonia’s progress in implementing EU-related reforms

 The former Yugoslav Republic of Macedonia: Reforms continue despite political tensions Brussels, 18-4-2013 — /europawire.eu/ — The European Commission issued today a report on the former Yugoslav Republic of Macedonia’s progress in implementing EU-related reforms and on steps taken on good neighbourly … Read the full press release

The European Commission, ECB and IMF comment on the conclusion of the review mission to Greece

Brussels, 15-4-2013 — /europawire.eu/ — Staff teams from the European Commission (EC), European Central Bank (ECB), and International Monetary Fund (IMF) have concluded their review mission to Greece. The mission has reached staff-level agreement with the authorities on the economic and financial … Read the full press release