On 7 December 2022, the Commission tabled two proposals to modify the current framework that applies to EU central clearing counterparties (CCPs) and… Excessive and concentrated exposures to third-country central counterparties
Tag: EU Commission
Gas and electricity prices have reached record levels in 2022 and hit all-time highs. Families and companies in EU are paying an extra cost for energy. After its defeat at the last EU Energy Council to limit the bills, the Commission proposed three new measures last 12 September. One to cut electricity consumption, another
You know that more than 3/4 of the EU population live in urban areas? And this figure is expected to rise to almost 85% by 2050. Being the urban areas with the highest concentration of population, they are also those which consume the largest volumes of energy and, consequently, have the highest levels of
EU decided to lead the global energy transition starting with € 1.1 billion through the EU Innovation Fund. EU confirmed it will heavily fund technologies to facilitate european energy transition and to enable european companies to make global progress. A strategy that will bear fruit by 2030 and will prepare the climate neutrality targets
There is a double urgency to transform Europe’s energy system: reducing EU dependance on fossil fuel imports and tackling the climate crisis. EU has important objectives on climate change and the current tensions on energy market suggest to accelerate measures on energy savings, diversification of suppliers, renewables and to replace fossil fuels consumption in industry
Although Russia’s invasion of Ukraine began on 24 February 2022, it was preceded by long and repetitive military build-ups at the border, as well as … Russia’s war on Ukraine: Military balance of power
As a system for standardised payment instructions and messaging services, SWIFT has become the basis for most global financial transactions. Russia’s war on Ukraine: Cutting certain Russian banks off from SWIFT
While Ukraine has received considerable support from the EU and European financial institutions since 2014, Russia’s invasion of Ukraine, launched on… Russia’s war on Ukraine: EU budget response
Now we know that the misuse of agricultural land and water for food production is equally responsible for theclimate change and the destruction of biodiversity. If no remedies are put in place now, when the population reaches 11 billion it will be a real catastrophe. The EU has already indicated the solutions to be adopted
Its name is CEF – Connecting Europe Facility, and the European Parliament has just given its green light to invest €33.7 billion for the next 7 years, to bring Europe to the forefront of digital connections. Which not only concern tlc, but also transport and energy sectors. The funding will be managed by the