European Union

The European Union (EU) is supporting the economic recovery in its Member States by injecting almost €2.2 billion into 140 key transport projects. These projects will help build missing transport links across the continent, support sustainable transport and create jobs. They will receive funding...

The European Commission has now published a roadmap on the Intellectual Property (IP) action plan in order to effectively protect and manage the intellectual property of its citizens. The European Union is fighting to assume leadership in key industrial areas, improve the resilience in of its e...

The European Commission has published a set of resources to help traders, online platforms and search engines get the most out of the newly introduced Platform to Business rules. In addition, three progress reports prepared by the expert group for the Observatory on the Online Platform Economy are...

The European Commission has announced the adoption a White Paper to deal with the distortive effects caused by foreign subsidies in the Single Market. The aim of the White Paper review is to level the playing field as regards foreign subsidies in the European Union. The European Commission now seeks...

The European Commission has welcomed the adoption of the Taxonomy Regulation by the European Parliament. It a key piece of legislation that will contribute to the European Green Deal by boosting private sector investment in green and sustainable projects. It will help create the world's first-ever...

Directorate-General for Internal Market, Industry, Entrepreneurship and SMEs (DG GROW) has commended the actions of CEN and CENELEC for adopting technical guidance for fabric masks and making it freely available. The close collaboration between CEN and CENELEC was consolidated at the start of 2010...

The European Commission has announced the provision of financial aid to innovative European companies to help them fight the impact of the COVID-19 pandemic. Nearly €166 million have been awarded via the European Innovation Council (EIC) Accelerator Pilot, to 36 companies in Europe. In addition...

The European Commission's Directorate-General for Internal Market, Industry, Entrepreneurship and SMEs (DG GROW) has announced that it is still working to mitigate the socio-economic consequences of the COVID-19 pandemic. The European Commission has been tasked with many responsibilities during the...

On the 3rd of June 2020, the European Commission proposed modifications to its annual budget to make €11.5 billion for crisis repair and recovery available already in 2020. Once available, the funds will go to the regions most in need, and support businesses also outside European Union borders. The...

The European Commission has launched the Solvency Support Instrument (SSI), which builds on the existing European Fund for Strategic Investments (EFSI) in order to kick-start the European economy by overcoming the severe socio-economic consequences of the COVID-19 pandemic. The Solvency Support...

The European Union has acted quickly to tackle the COVID-19 pandemic and its consequences. Showing considerable flexibility, EU institutions have organised a package of measures (some already decided, others proposed or requested), to counter the COVID-19 crisis, drawing both on the EU budget and a...

As part of its emergency support package to tackle the economic impact of the COVID-19 crisis, the EU is setting up a temporary instrument to help workers keep their jobs during the crisis. As of the 15th of May, the European Council has announced the political agreement reached by EU ambassadors on...