Invest In EU News

  • EU Commission proposes to review all permits of large combustion plants in order to tackle pollution

     Today the Commission takes action to tackle pollution from large combustion plants, such as power stations and district heating plants, which are responsible for about one-third of all air pollutants from industry. Large combustion plants – with a total thermal input of more than 50 megawatt, irrespective of the type of fuel used – are the biggest sectoral emitters in the EU. Therefore more cost-effective and technically feasible reductions of emissions are required.

  • State aid: Commission approves public support to Frankfurt-Hahn airport

     The European Commission has found public support by the Land of Rhineland-Palatinate to Frankfurt-Hahn airport in Germany to be in line with EU state aid rules. The support ensures the airport can continue to serve the area's transport needs until private investment enables its return to viability.

  • State aid: Commission approves rescue and restructuring aid scheme for SMEs in Belgium's Wallonia region

     The European Commission has found a €20 million Belgian aid scheme aimed at facilitating the rescue and restructuring of small and medium sized companies (SMEs) in the region of Wallonia to be in line with EU State aid rules. Under the scheme, which will run until 2020, the publicly-owned "Société Wallonne de Gestion et de Participation" ("SOGEPA") will be entitled to offer rescue and restructuring support to Walloon SMEs in financial difficulty. SOGEPA will provide support notably if a company's default would likely to trigger social hardship in the region.

  • E-commerce: making online shopping safer for consumers

     The Commission has today issued guidelines to help national market surveillance authorities better control products sold online. In 2017, 55% of Europeans buy online (2017 Consumer Scoreboard) and get products shipped directly to their door, escaping the authorities' traditional controls. Some of these products might be dangerous and not in line with EU product safety laws, for instance toys containing substances banned in the EU.

  • Mergers: Commission conditionally clears both FMC's acquisition of parts of DuPont's crop protection business and DuPont's acquisition of FMC's Health and Nutrition business

     The European Commission has conditionally approved, under the EU Merger Regulation, FMC's proposed acquisition of parts of DuPont's crop protection business and DuPont's acquisition of FMC's Health and Nutrition business. Both transactions are related to the Dow/DuPont merger divestment commitments.

  • "IF A BUSINESS HAS A PROBLEM WHERE NO SOLUTION EXISTS, AI CAN STEP IN"

     Professor Alexiei Dingli, Head of the University Artificial Intelligence department, talks through how artificial intelligence can help businesses solve problems.

  • Mergers: Commission opens in-depth investigation into Knorr-Bremse's proposed takeover of competing brakes manufacturer Haldex

     The European Commission has opened an in-depth investigation to assess the proposed takeover of Haldex by Knorr-Bremse under the EU Merger Regulation. The Commission has concerns that the deal may reduce competition for brake systems and related components for commercial vehicles in Europe. The Commission's initial investigation has shown that the proposed merger would likely remove a significant competitor from an already very concentrated sector.

  • EU consumers show growing demand for cross-border online shopping, new survey reveals

     The 2017 edition of the Consumer Conditions Scoreboard shows that more and more EU consumers are shopping online and that their trust in e-commerce has increased, in particular in buying online from other EU countries.

  • Malta Registers Highest Financial Surplus In The EU

     Malta’s fiscal surplus of €44.2 million, recorded for the first quarter of 2017, was the highest ratio within the EU, according to Eurostat.

    Malta’s fiscal surplus of €44.2 million, recorded for the first quarter of 2017, was the highest ratio within the EU, according to Eurostat.

    At 3.5 per cent of GDP, Malta has exceeded the surplus reported by Germany and the Netherlands, who both reported a 1.5 per cent surplus.

  • Malta Is The Third Fastest-Growing Tourist Destination In Europe

     Malta was ranked in third place in the European Travel Commission’s trending summer destinations, which ranks the growth in tourist figures amongst European countries.

    Malta was ranked in third place in the European Travel Commission’s trending summer destinations, which ranks the growth in tourist figures amongst European countries.

    Malta saw a 23 per cent spike in visits, which can be attributed not only to sun, sea and history, but also to its impression as a safe country, far from terrorist threats.

  • Statement by Commissioner Vestager on changes made by Cyprus to national legislation on tax treatment of financing companies

     Commissioner Margrethe Vestager, in charge of competition policy, said:

    "I welcome that the Cypriot authorities have introduced changes to their national legislation to make it more stringent as regards the tax treatment of financing companies.

    Financing companies provide financial services intra-group and their profit is the remuneration for their financing activities. This remuneration has to be in line with the arm's length principle.

  • Nearly 1.5 Million Passengers Travel Between Malta And Gozo In Q2

     A total of 1,415,326 passengers travelled between Malta and Gozo during the second quarter this year, the National Statistics Office (NSO) said.

    A total of 1,415,326 passengers travelled between Malta and Gozo during the second quarter this year, the National Statistics Office (NSO) said.

    The figure is up by 7.3 per cent when compared to the corresponding quarter in 2016. The highest number of passengers was recorded in April - 474,647 or 33.5 per cent of the total for the quarter.

  • EU enhances its partnership with Costa Rica

     Today, on an official visit in Costa Rica, Commissioner for International Cooperation and Development Neven Mimica confirms the EU's commitment to support the country's sustainable development and economic growth. Commissioner Mimica will meet President Luis Guillermo Solís to discuss a variety of issues, such as governance, innovation and science, as well as Costa Rica's role in regional programmes on economic integration,citizen security, and climate change.

  • Diversity and Inclusion: European Commission acts to reach at least 40% women in its management and launches comprehensive strategy

     A new Diversity and Inclusion Charter and fresh action to reach at least 40% women in its management by 1 November 2019 are two key features of the Commission's new human resources policy.

    The purpose is to create a better workplace for all – including women, staff with disabilities, Lesbian, Gay, Bisexual, Transsexual and Intersex (LGBTI) staff and older staff. Concrete steps will be taken to make best use of the talent of all of the Commission's employees.

  • The Ministry of Finance wants to modernize the regulation of savings and loan associations

     The Ministry of Finance wants to modernize väljatöötamiskavatsusega new savings and loan cooperatives and cooperative banks in today's regulatory and market participants will explore how to resolve the savings and loan associations, supervision, deposit guarantee and customers better information Issues.

  • Small island supports 638 000 euros

     Public Administration Minister Jaak Aab confirmed for this year's smaller islands, the list of beneficiaries of the program. Small island populations in priority access to services and improve the quality of the projects were selected this year for the 16th 

     

  • Caster thanked Spain for its contribution of Estonia and the NATO defense

     Prime Minister Jüri Ratas thanked Ämari Air Base today visited Spanish counterpart Mariano Rajoyd contribution of Estonia and of the whole of NATO defense.

  • Mergers: Commission approves acquisition of Momondo by Priceline

     The European Commission approved unconditionally, under the EU Merger Regulation, the acquisition of Momondo Group by Priceline Group, both active in the online travel sector. Priceline operates online travel agents and travel comparison metasearch sites, under several brand names including booking.com, priceline.com, agoda.com, KAYAK, Rentalcars.com and Opentable. Momondo Group is primarily active in the operation of metasearch sites, under the brands Cheapflights and Momondo.

  • Challenges ahead: boosting innovation-led growth in EU regions

     Smart specialisation has made a real difference in the way European regions are designing their innovation strategies, creating or reinforcing cooperation at all levels, especially with local business spheres.

  • Commission acts to help regions build resilient economies in the era of globalisation

     Globalisation has brought enormous benefits to the less-developed economies of the world and many opportunities for Europeans; but while the benefits are widely spread, the costs are often borne unevenly as the Commission's reflection paper on harnessing globalisation highlighted.

  • Mergers: Commission clears acquisition of a parking facility in Berlin by Central and SIGNA

     The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control over Berlin, Passauer Straße 1-3 Immobilien GmbH & Co. KG (JVCo) of Germany, by Harng Central Department Store Ltd. (Central), of Thailand and a subsidiary of SIGNA Prime Selection AG of Austria. JVCo is the owner of a real estate property plot in Berlin that is currently occupied by a multi storey car park.

  • EU and Brazil join forces for global level-playing field in farm subsidies

     Joint WTO proposal also addresses promotion of food security in a way that does not distort the market.

    The EU and Brazil - two of the world's biggest producers of agricultural products - today submitted to the World Trade Organisation (WTO) a joint proposal on support for agricultural production and food security measures. The objective is to limit market distortions, to ensure a global level-playing field for farmers while taking into account particular needs of developing countries.

  • Antitrust: Commission sends Statement of Objections to Teva on 'pay for delay' pharma agreement

     The European Commission has informed pharmaceutical company Teva of its preliminary view that an agreement concluded with Cephalon was in breach of EU antitrust rules. Under the agreement, Teva committed not to market a cheaper generic version of Cephalon's drug for sleep disorders, modafinil.

  • Melita's Vodafone Takeover Under Investigation

     The Office for Competition within the Malta Competition and Consumer Affairs Authority (MCCAA) has initiated a ‘Phase 2’ in-depth investigation of Melita’s proposed takeover of Vodafone’s Malta business.

    The Office for Competition within the Malta Competition and Consumer Affairs Authority (MCCAA) has initiated a ‘Phase 2’ in-depth investigation of Melita’s proposed takeover of Vodafone’s Malta business.

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