State aid: Commission approves EUR 21.3 million of aid to Soitec for the Guépard R&D project European Commission Press release Brussels, 4 December 2013 The European Commission has decided that the aid granted by France to the Soitec group to help it conduct the Guépard research and development project complies with the EU rules on state aid.
State aid: Commission opens in-depth investigation into tax exemptions given to certain Belgian companies European Commission Press release Brussels, 4 December 2013 The European Commission has opened an in-depth investigation to determine whether Belgium’s implementation of a system of support for innovative companies is in line with EU rules on state aid.
State Aid: Commission authorises €945 million worth allocation of free greenhouse gas emission allowances for modernisation of Bulgarian electricity sector European Commission Press release Brussels, 4 December 2013 The European Commission has concluded that Bulgarian plans to allocate €945 million worth carbon emission trading allowances free of charge to modernise the electricity sector are in line with EU state aid rules.
Youth employment: Commission proposes standards to improve quality of traineeships European Commission Press release Brussels, 4 December 2013 Guidelines to enable trainees to acquire high-quality work experience under safe and fair conditions, and to increase their chances of finding a good quality job, have been proposed today by the European Commission.
Lampedusa follow up: concrete actions to prevent loss of life in the Mediterranean and better address migratory and asylum flows European Commission Press release Brussels, 4 December 2013 The tragedy in Lampedusa, one of the many Europe has witnessed in recent years, prompted an unprecedented call for action by EU leaders and citizens. Today the Commission is proposing ways to increase solidarity and mutual support in order to prevent migrants'...
EU-Turkey: ready to sign readmission agreement European Commission MEMO Brussels, 4 December 2013 Commissioner for Enlargement and Neighbourhood Policy Štefan Füle met today with Minister for Foreign Affairs of Turkey Ahmet Davutoğlu in Brussels to discuss the latest developments in EU-Turkey relations.
Transport and Telecoms Council – 5 December 2013 European Commission MEMO Brussels, 4 December 2013 TELECOMMUNICATIONS Proposal for a Regulation of the European Parliament and of the Council laying down measures to complete the European Single market for electronic communications and to achieve a Connected Continent (First reading) Mrs Kroes will outline the Commission's proposal to create a...
Justice and Home Affairs Council 5-6 December 2013 in Brussels European Commission MEMO Brussels, 4 December 2013 European Union Justice and Home Affairs ministers will meet in Brussels on 5-6 December 2013. The European Commission will be represented by Vice-President Viviane Reding, the EU's Justice Commissioner and Cecilia Malmström, EU Commissioner for Home Affairs.
Commissioner Barnier welcomes the trilogue agreement on the EU co-financing of the International Financial Reporting Standards (IFRS) Foundation, the European Financial Reporting Advisory Group (EFRAG), and the Public Interest Oversight Board (PIOB) European Commission MEMO Brussels, 4 December 2013 "The harmonisation of financial reporting and auditing rules at global level is essential for the sake of transparency, comparability and the smooth functioning of the global capital markets and an integrated market for financial services in the EU.
Antitrust: Commission fines banks € 1.71 billion for participating in cartels in the interest rate derivatives industry - frequently asked questions European Commission MEMO Brussels, 4 December 2013 See IP/13/1208. A) The products and benchmarks concerned What are financial derivatives? Financial derivatives are financial agreements (i.e. contracts) between two counterparties that derive their value from the level of an underlying asset, index, benchmark interest rate, etc.