European Commission


    • New College mandate starts

      New College mandate starts

      There could be no better day for the new College of Commissioners to begin our work than this anniversary, said Ursula von der Leyen, EC President, whose term of office begins today, at a ceremony in Brussels on the 10th anniversary of the Treaty of Lisbon and the start of the mandate of the new College of Commissioners.

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    • Small firms see innovation as vehicle for sustainable growth

      Small firms see innovation as vehicle for sustainable growth

      The SME Assembly, which is the core forum for small and medium-sized enterprises across Europe, this year was held from 25 to 27 November at the Scandic Marina Congress Centre, next to the gate of the Port of Helsinki. Hosted by the Finnish Presidency and the European Commission, it was a vibrant meeting point for hundreds of SMEs, policy makers, business associations, academia to discuss enterprise and debate on pressing issues concerning the small businesses, but also to get acquainted with the exciting and inspiring experience other companies already put on their record.

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    • Brussels gives green light to all draft budget plans in the euro area

      Brussels gives green light to all draft budget plans in the euro area

      The European Commission published on Wednesday its assessment of the draft budgetary plans of the euro area Member States, greenlighting - after all - the problematic budget plans of Italy and seven other countries. The Commission said it has found that no draft budgetary plan for 2020 shows particularly serious non-compliance with the requirements of the Stability and Growth Pact.

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    • New Commission set for being voted on

      New Commission set for being voted on

      The new European Commission is set to be voted on next week by Parliament after last Monday Hungary's commissioner-designate Oliver Varhelyi was finally approved by European parliament's foreign affairs committee. But there is still an obstacle, and Parliament has to agree to vote the Ursula von der Leyen-led Commission without a UK commissioner. Britain denies to name a commission before snap elections to be held on 12 December.

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    • High-Level Forum to take forward the CMU

      High-Level Forum to take forward the CMU

      The European Commission is today announcing the formation of a High-Level Forum on the future of the Capital Markets Union (CMU). This group of experts will provide insight and support the Commission's goal to develop further a Capital Markets Union encompassing all Member States, so they can mobilise capital for businesses, offer better investment opportunities and boost economic growth in Europe. 

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    • Setbacks hinder  new College

      Setbacks hinder new College

      Two major setbacks have again called into uncertainty whether the new College of Commissioners will be able to start work in the Berlaymont office on 1 December. At least such were the intentions of President-elect Ursula von der Leyen, conveyed by her spokesperson at the Commission's daily press briefing on Thursday.

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    • EC grants first-ever market authorisation for Ebola vaccine

      EC grants first-ever market authorisation for Ebola vaccine

      This week the European Commission adopted the decision granting marketing authorisation to the company Merck Sharp & Dohme B.V. for a vaccine against Ebola. This vaccine, called Ervebo, had been in development since the Ebola outbreak in West Africa in 2014 and is already used, as part of a specific protocol, to protect people at risk of infection, such as healthcare workers or people who have been exposed to infected persons.

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    • Commission to propose bank capital reform by June

      Commission to propose bank capital reform by June

      The European Commission is to propose new rules on bank capital in the EU by June in order to introduce a reform that was agreed globally nearly two years ago, VP Valdis Dombrovskis said last Tuesday. He pointed out that the EU executive was aiming to turn the so-called  Basel III into EU law and called called on regulators from the US and other major partners to adopt its key elements.

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