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The European Commission has adopted a new Digital Finance Package, including Digital Finance and Retail Payments Strategies, and legislative proposals on crypto-assets and digital resilience. It will boost Europe's competitiveness and innovation in the financial sector, paving the way for Europe to become a global standard-setter. It will give consumers more choice and opportunities in financial services and modern payments, while at the same time ensuring consumer protection and financial stability.
The European Commission has published a new, ambitious Action Plan to boost the European Union's Capital Markets Union (CMU) over the coming years. The EU's top priority today is to ensure that Europe recovers from the unprecedented economic crisis caused by coronavirus. Developing the EU's capital markets, and ensuring access to market financing, will be essential in this task.
The European Commission is proposing a new Pact on Migration and Asylum, covering all of the different elements needed for a comprehensive European approach to migration. It sets out improved and faster procedures throughout the asylum and migration system. And it sets in balance the principles of fair sharing of responsibility and solidarity.
Today, the European Centre for Disease Prevention and Control (ECDC) published its updated risk assessment regarding the COVID-19 pandemic, alongside a set of guidelines for non-pharmaceutical interventions (such as hand hygiene, physical distancing, cleaning and ventilation).
Each year, about 120,000 work-related cancer cases occur as a result of exposure to carcinogens at work in the EU, leading to approximately 80,000 fatalities annually. To improve workers' protection against cancer, the Commission has proposed to further limit their exposure to cancer-causing chemicals.
The European Commission is proposing an upgrade of the Single European Sky regulatory framework which comes on the heels of the European Green Deal. The objective is to modernise the management of European airspace and to establish more sustainable and efficient flightpaths. This can reduce up to 10% of air transport emissions.
In line with the European Green Deal and the EU's objective to become the first climate neutral economy by 2050, the Commission adopted revised EU Emission Trading System State aid Guidelines in the context of the system for greenhouse gas emission allowance trading post-2021 (the “ETS Guidelines”).
Foreign affairs ministers discussed Libya, EU-African Union relations, Belarus, and current affairs. They also adopted new sanctions on Libya.
EU agriculture ministers met in Brussels to advance discussions on the reform of the common agricultural policy (CAP) and exchange views on trade-related issues in the agricultural sector.
The Commission takes further steps in the Digital Decade agenda to strengthen Europe's digital sovereignty, as announced by President Ursula von der Leyen in her State of the Union Address on Wednesday.
In her State of the Union Address 2020, President von der Leyen announced a new EU anti-racism Action Plan that sets out a series of measures for the next 5 years. Among others, the Commission will ensure that Member States fully implement relevant EU law and further strengthen the legal framework, if needed.
MEPs debated the state of the EU, came up with measures to fight Covid-19 and opened the way for the recovery plan during a busy September plenary.
The European Commission has set out strategic guidance for the implementation of the Recovery and Resilience Facility in its 2021 Annual Sustainable Growth Strategy (ASGS). The Facility is the key recovery instrument at the heart of NextGenerationEU which will help the EU emerge stronger and more resilient from the current crisis.
The European Commission presented its plan to reduce EU greenhouse gas emissions by at least 55% by 2030, compared to 1990 levels. This level of ambition for the next decade will put the EU on a balanced pathway to reaching climate neutrality by 2050.