The Emergency Social Safety Net, the largest ever EU humanitarian programme, launched in 2016, has now assisted 1.5m of the most vulnerable refugees in Turkey, the European Commission press service reported on Monday.
The European Commission has approved under EU State aid rules a voucher scheme to support the take-up in Greece of broadband services with download speeds of at least 100 Megabits per second (Mbps). The measure will contribute to reducing the digital divide, in line with the objectives of the EU's Digital Single Market, while limiting distortions of competition at the same time. The scheme will be also accompanied by a detailed evaluation to assess its impact. The results of this evaluation will be submitted by Greece to the Commission by December 2021.
Concerning the different interpretations in various media reports claiming that President Juncker is “asking for” a European unemployment insurance, the European Commission disseminated a statement with clarification on the matter. This is a distortion of the message conveyed by President Juncker and based on cutting short the full answer he gave to this question in an interview with “Welt am Sonntag”, the statement reads. The interview was published in the German newspaper on 30 December last year and his replies were quoted a number of times in the media across Europe.
As of 1 January, all EU Member States have to implement coordinated new anti-abuse measures aimed at eliminating some of the most common corporate tax-avoidance practices used by multinational companies.
New rules to strengthen the Schengen Information System (SIS) are entering into force today, the European Commission press service reported on Friday. The changes were proposed by the Commission in December 2016 and adopted earlier this year.
Mere days before Christmas the Commission set out short-term measures aimed at limiting disruption to air traffic, financial services and trade if Britain left the bloc without a deal, the EU press service reported. Given the continued uncertainty in the UK surrounding the ratification of the Withdrawal Agreement, the Commission started implementing its “no deal” Contingency Action Plan.
Deutsche Bank and three other banks have been charged by EU antitrust regulators with taking part in a bond trading cartel over a seven-year period to 2015, news wires reported. The Commission did not name the banks, which could face fines up to 10% of their global turnover if found guilty of breaching EU antitrust rules.
The European Parliament and the Council of the EU have reached on 19 December a provisional political agreement on the ambitious new measures proposed by the Commission to tackle marine litter at its source, targeting the 10 plastic products most often found on our beaches as well as abandoned fishing gear.
The European Parliament and the Council agreed a new framework for dealing with banks' bad loans, including capital requirements for banks with non-performing loans on their balance sheets, the EU press service reported. The institutions reached provisional political agreement on capital requirements applying to banks with non-performing loans (NPLs) on their balance sheets. The deal will now be submitted for endorsement by EU ambassadors.