• EU trade agreements delivering new opportunities

      EU trade agreements delivering new opportunities

      Despite the difficult global economic climate, European companies have continued to make good use of the opportunities created by the European Union's trade network, a new report shows. In 2018 this network covered 31% of Europe's trade exchanges, a figure that is set to rise significantly (to almost 40%) as more trade agreements enter into force, according to the European Commission's annual report on the implementation of trade agreements released on Monday.

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    • Europe rings 5G security alarm

      Europe rings 5G security alarm

      European Union Member States have published a joint risk assessment report into 5G technology which highlights “an increased exposure to risks related to the reliance of mobile network operators on suppliers” that will require the establishment of a new EU policy and security framework.

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    • EC assesses blockchain technologies' use

      EC assesses blockchain technologies' use

      Today, the European Commission's science and knowledge service, the Joint Research Centre, published a new flagship report exploring the challenges and impacts of distributed ledger technologies. The report "Blockchain now and tomorrow" offers an in-depth and practical understanding of blockchain and how the technology can be used in finance, industry, trade and the public sector in the future.

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    • Billions of euros of EU funds misspent last year: auditors

      Billions of euros of EU funds misspent last year: auditors

      More than €4 billion of European Union funds were misspent last year, EU auditors estimated in a report released on Tuesday, which highlighted poor checks in receiving states on how the bloc’s funds are invested. The annual assessment is likely to fan the heated debate about the bloc’s next seven-year budget which Germany, the largest contributor to it, wants to cap below EU proposals meant to address new expenses on migration, social security and job-creation.

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    • EU zooms in planned Boeing, Embraer JVs

      EU zooms in planned Boeing, Embraer JVs

      The EU executive has opened yesterday an in-depth investigation to assess the proposed creation of two joint ventures (JVs) by aircraft manufacturers Boeing and Embraer, under the EU Merger Regulation. Its concerns are that the transaction may reduce competition as regards commercial aircraft.

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    • First hearings for Von der Leyen's EU commission team

      First hearings for Von der Leyen's EU commission team

      The team of the incoming European Commission President Ursula von der Leyen faces its first test on Monday with hearings in front of the European Parliament, with two candidates already in hot water over possible conflicts of interest. The procedure kicks off on Monday around 2:30 pm (1230 GMT) in the respective committees with the designated commissioner Maros Sefcovic from Slovakia.

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    • EU-US launch negotiations over access to electronic evidence

      EU-US launch negotiations over access to electronic evidence

      European Commission and US Department of Justice officials met to begin formal negotiations on an EU-US agreement to facilitate access to electronic evidence in criminal investigations. After a productive first discussion this week, an agreement was made on holding regular negotiating rounds with the view to concluding an agreement as quickly as possible. Progress will be reviewed at the next EU-US Justice and Home Affairs Ministerial in December.

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    • European SRSS and EIB join forces

      European SRSS and EIB join forces

      The European Commission's Structural Reform Support Service (SRSS) and the European Investment Bank's (EIB) Advisory Services Department have stepped up their cooperation in providing support to EU Member States. Following the declaration of intent signed on Friday, the SRSS and the EIB, via the European Investment Advisory Hub, will collaborate closely to provide technical support and advice to Member States on a broad range of policy areas.

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    • Fake, dangerous goods worth €740m stopped at EU customs

      Fake, dangerous goods worth €740m stopped at EU customs

      Fake and possibly dangerous goods worth about €740m were apprehended at EU customs in 2018, the EP press service reported. According to the new figures, released by the Commission, the number of interceptions of fake goods imported into the EU increased in 2018 due to a large amount of small parcels in express and postal traffic. The number of seized consignments jumped from 57,433 in 2017 to 69,354 in 2018, though the total amount of goods detained decreased compared to previous years. Almost 27 million articles that infringed the intellectual property rights were stopped.

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