Tag Archives: The European Commission

The latest on quantum computing in Europe, January 2023 – February 2024

(IN BRIEF) Europe has made significant progress in quantum computing with investments, partnerships, and innovations. Highlights include a €3.5 million investment in LioniX International by the University of Twente, and T-Systems offering cloud access to IBM’s quantum systems. Other developments … Read the full press release

EU’s Defence Equity Facility to Mobilize €500 Million for Dual-Use Innovations

(IN BRIEF) The European Commission and the European Investment Fund (EIF) are collaborating to launch a €175 million Defence Equity Facility, aimed at supporting innovation in the defence sector. The EIF will provide equity funding to venture capital and private … Read the full press release

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

European Investment Bank and Commission aim to bridge global climate finance gap with €18bn financing for partner countries

(IN BRIEF) The European Commission and the European Investment Bank have jointly announced an investment of €18 billion under the Global Gateway initiative, Europe’s investment strategy for partner countries. This investment will focus on the priority areas of Global Gateway, … Read the full press release

EBRD names its new EU representative, Florentine Hopmeier

(PRESS RELEASE) LONDON, 27-Jan-2020 — /EuropaWire/ — EBRD announces the appointment of Florentine Hopmeier as new head of its Brussels office. She will start her role as the new EU representative today, 27th of January 2020. Florentine succeeds Gwilym Jones, … Read the full press release

EMA and the European Commission update guidance to prepare pharmaceutical companies for UK’s withdrawal from the EU

Publication of updated Q+As and practical guidance LONDON, 20-Jun-2018 — /EuropaWire/ — The European Medicines Agency (EMA) and the European Commission have updated their guidance to help pharmaceutical companies prepare for the United Kingdom’s (UK) withdrawal from the European Union (EU). Updates to the questions-and-answers … Read the full press release

The European Commission has fined Google €2.42 billion for breaching EU antitrust rules

BRUSSELS, 27-Jun-2017 — /EuropaWire/ — The European Commission has fined Google €2.42 billion for breaching EU antitrust rules. Google has abused its market dominance as a search engine by giving an illegal advantage to another Google product, its comparison shopping service. … Read the full press release

The European Commission to release further support of EUR116 million for those in need in Yemen

BRUSSELS, 26-Apr-2017 — /EuropaWire/ — The European Commission is announcing today at the United Nations in Geneva its intention to release further support of €116 million for those in need in Yemen. The support includes €46 million of emergency humanitarian aid and … Read the full press release

The European Commission to probe debt write-offs by the Romanian State in favour of Oltchim

BRUSSELS, 11-Apr-2016 — /EuropaWire/ — The European Commission has opened an in-depth probe to verify whether debt write-offs by the Romanian State and continued supplies by State-owned enterprises in favour of Oltchim, despite the company’s deteriorating financial situation, were in line … Read the full press release

Merck’s acquisition of Sigma-Aldrich approved by the European Commission under EU Merger Regulation

BRUSSELS, 18-6-2015 — /EuropaWire/ — The European Commission has approved the proposed acquisition of Sigma-Aldrich by Merck under the EU Merger Regulation. Both companies are active world-wide in the life science sector. The decision is conditional on the divestment of … Read the full press release

The European Commission hosted the annual high-level meeting with religious leaders

BRUSSELS, 18-6-2015 — /EuropaWire/ — Today the European Commission hosted the annual high-level meeting with religious leaders. First Vice-President Frans Timmermans hosted European Parliament Vice-President Antonio Tajani and fifteen religious leaders from Christian, Jewish, Muslim, Hindu, Buddhist and Mormon communities. … Read the full press release

The European Commission: EU on track to meet its 20% 2020 renewable energy targets

BRUSSELS, 18-6-2015 — /EuropaWire/ — The European Commission has published the progress report on 2020 renewable energy targets, showing that the EU is on track to meet its 20% renewable energy targets. With a projected share of 15.3% of renewable … Read the full press release

The European Commission: Portuguese scheme to promote renewable energy technologies is in line with EU state aid rules

BRUSSELS, 23-4-2015 — /EuropaWire/ — The European Commission has found a Portuguese scheme aimed at promoting renewable energy technologies to be in line with EU state aid rules. The scheme will support demonstration projects producing renewable energy from the ocean … Read the full press release

The European Commission to investigate the proposed joint venture between Danish operators TeliaSonera AB and Telenor ASA

BRUSSELS, 9-4-2015 — /EuropaWire/ — The European Commission has opened an in-depth investigation to assess whether the proposed joint venture between the Danish operators TeliaSonera AB and Telenor ASA is in line with the EU Merger Regulation. Both companies provide … Read the full press release

The European Commission to provide EUR 14.1M under the Hercule III anti-fraud programme to support Member States in fighting fraud and corruption

This year, the European Commission will make available EUR 14.1 million under the Hercule III anti-fraud programme to support Member States in fighting fraud, corruption and other illegal activities. This is an increase in the allocated funds compared to previous … Read the full press release

The European Commission introduced package of tax transparency measures to tackle corporate tax avoidance and harmful tax competition in the EU

BRUSSELS, 19-3-2015 — /EuropaWire/ — The European Commission today presented a package of tax transparency measures as part of its ambitious agenda to tackle corporate tax avoidance and harmful tax competition in the EU. A key element of this Tax … Read the full press release

The European Investment Fund (EIF) and the European Commission launched new initiative to provide EUR3bn of loans to Erasmus+ Master students

Luxembourg, 16-2-2015 — /EuropaWire/ — The European Investment Fund (EIF) and the European Commission have launched a new initiative to provide a total of EUR3bn of loans to Erasmus+ Master students via financial institutions. This new and first mandate from the … Read the full press release

The European Commission welcomes the signing of the SME Initiative with Spain

BRUSSELS, 27-1-2015 — /EuropaWire/ — The European Commission welcomed today the signing of the SME Initiative with Spain, a ground-breaking agreement to unlock more than €3.2 billion of additional lending for companies with fewer than 250 employees (SMEs). In practice, … Read the full press release

The European Commission suspects the Lithuanian railway incumbent AB Lietuvos geležinkeliai (“LG”) in limiting competition on the rail markets in Lithuania and Latvia

BRUSSELS, 06-1-2015 — /EuropaWire/ — The European Commission has informed the Lithuanian railway incumbent AB Lietuvos geležinkeliai (“LG”) that it suspects the company of having limited competition on the rail markets in Lithuania and Latvia by removing a railway track connecting … Read the full press release

The European Commission approved state aid evaluation plans for two different aid schemes in the Czech Republic and the United Kingdom

Brussels, 19-12-2014 — /EuropaWire/ — The European Commission has for the first time approved state aid evaluation plans for two different aid schemes in the Czech Republic and the United Kingdom. It will enable both countries to provide aid of … Read the full press release