Posts tagged with "European Commission"



EU Newsletter · 12. November 2020
On November 6, 2020, the DG Grow H1 unit of the European Commission organised a webinar on Late Payments. One of the major aims of this webinar was to help the Commission to assess the scope and data needs for setting up an EU observatory on Late Payments.

EU Newsletter · 01. October 2020
EIB Group securitisation will enable Commerzbank to lend up to €500 million to small and mid-sized businesses in Germany in response to COVID-19 The operation is backed by an EFSI guarantee under the Investment Plan for Europe

EU Newsletter · 29. September 2020
Based on broad public consultations and the Digital finance outreach, the European Commission adopted on 24 September 2020 a digital finance package, including a digital finance strategy and legislative proposals on crypto-assets and digital resilience, for a competitive EU financial sector that gives consumers access to innovative financial products, while ensuring consumer protection and financial stability. The package supports the EU’s ambition for a recovery that embraces the digital...

EU Newsletter · 09. September 2020
European Commission Executive Vice President Valdis Dombrovskis will be the EU's new trade commissioner and Mairead McGuinness will be the new Irish commissioner with responsibility for financial services, Commission President Ursula von der Leyen announced on September 8, 2020. Dombrovsksis, who has served as acting trade commissioner since the resignation of Phil Hogan last month, will relinquish some of the current responsibilities in his broad economic portfolio. Mrs McGuinness has served...

EU Newsletter · 16. July 2020
The European Commission has welcomed a list of ‘best practices' agreed by the financial sector, and consumer and business organisations, to help further mitigate the impact of the coronavirus pandemic. It sets out concretely how different market participants can support citizens and businesses throughout the crisis. These ‘best practices' cover several issues, including: Payment moratoria for consumer and business loans, and for insurance contributions: these measures can help those facing...

FEBIS · 18. June 2020
The PSI and Open Data review directive which has been adopted last year is opening the possibilities to access and reuse data held by public sector, which is a great improvement in data access. Article 13 of the Directive mandates the EU to put in place High Value Datasets which should be available as open data and free of charge in the Internal Market, and one of categories identified as High Value Dataset is company and company ownership information. The European Commission is currently...

EU Newsletter · 06. June 2020
Digital EU unveils its consultation on the Digital Services Act Package The Commission launched on June 3rd, 2020 its awaited public consultation on the Digital Services Act. The consultation, open until 8 September, covers issues such as safety online, freedom of expression, fairness and a level-playing field in the digital economy. Executive Vice-President Margrethe Vestager said: “The Internet presents citizens and businesses with great opportunities, which they balance against risks that...

FEBIS · 27. May 2020
On 27 May 2020 , to kick-start the European recovery, protect lives, livelihoods and jobs, the European Commission proposed a major €2,4 trillion recovery plan which is based on using the full potential of a powerful, modern and revamped EU budget to deliver a more sustainable, digital, inclusive and fair Europe. Commission President Ursula von der Leyen said: “Europe’s next generation will reap the benefits of tomorrow. These investments will not only preserve the outstanding...