European Single Market

Press release - MEPs vote for tougher rules on political advertising

Retrieved on: 
Thursday, February 2, 2023
Online, Feed additive, Member of the European Parliament, Commission, European Single Market, Council, Parliament, Negotiation, House, European Data Protection Board, Consumer Protection Committee, Freedom, Advertising, Health insurance, EU

Restricting targeting strategies and a de facto ban on micro-targeting

Key Points: 
  • Restricting targeting strategies and a de facto ban on micro-targeting
    Under the changes made by MEPs to the Commission’s proposal, only personal data explicitly provided for online political advertising can be used by advert providers.
  • Micro-targeting, a strategy that uses consumer data and demographics to identify the interests of specific individuals, will therefore not be possible.
  • Tackling interference from abroad
    MEPs propose non-EU based entities be banned from financing political advertisements in the EU.
  • Greater transparency
    MEPs also made significant changes to ensure that citizens, authorities and journalists have easy access to information on political advertisement.

Highlights - 30 Years of the European Single market - Committee on the Internal Market and Consumer Protection

Retrieved on: 
Thursday, December 15, 2022
European Single Market, Digital Single Market, Member, IMCO, Single market, Whaling, EU

Furthermore, becoming ever more resilient, it offers consumers and businesses alike a life jacket in challenging times, such as the current period.

Key Points: 
  • Furthermore, becoming ever more resilient, it offers consumers and businesses alike a life jacket in challenging times, such as the current period.
  • In addition, the committee adopted a motion for a resolution which will debated and voted on during the January plenary in Strasbourg.
  • A special ceremony to mark the occasion will be held on Monday 16 January 2023, also in plenary.
  • In addition, the committee adopted a motion for a resolution which will debated and voted on during the January plenary in Strasbourg.

Minister Champagne concludes visit to Europe

Retrieved on: 
Tuesday, December 6, 2022
Volkswagen, BMW, Private sector, Union, Aluminium, The Honourable, Partnership, CETA, Steel, European Commission–AstraZeneca COVID-19 vaccine dispute, The Digital Age, EV, Research, Competition, Executive Vice President of the European Commission for A Europe Fit for the Digital Age, Mercedes-Benz, Investment, European Commission, European Single Market, Information Age, Growth, BASF, VAC, Renewable energy, Animal, Umicore, Science, EU

In Brussels, Minister Champagne met with MargretheVestager, European Commission ExecutiveVice-President for A Europe Fit for the Digital Age and European Commissioner for Competition.

Key Points: 
  • In Brussels, Minister Champagne met with MargretheVestager, European Commission ExecutiveVice-President for A Europe Fit for the Digital Age and European Commissioner for Competition.
  • Minister Champagne also met with Thierry Breton, European Commissioner for Internal Market, to discuss economic challenges and opportunities for both Canada and the European Union.
  • In Germany, Minister Champagne spoke before more than 400 executives at Volkswagen's global management conference.
  • In Stuttgart, Minister Champagne attended Mercedes-Benz's Executive Board meeting to explore ways to further collaborate with the company on green batteries, steel and aluminum.

Press release - Deal on new rules to protect consumers from taking on too much debt

Retrieved on: 
Friday, December 2, 2022
Left, History, IMCO, Consumer Protection Committee, MEPS, Credit, CCD, Legislation, Cancer, Inuit Tapiriit Kanatami v Parliament and Council, Insurance, MEP, SME, Creditor, Member of the European Parliament, European Single Market, Council, Time, Advertising, Parliament, Patient, EP, Bank, EU

On Friday morning, negotiators from Parliament and Council reached a provisional political agreement to update the EUs rules on consumer credit.

Key Points: 
  • On Friday morning, negotiators from Parliament and Council reached a provisional political agreement to update the EUs rules on consumer credit.
  • The new directive on consumer credits (CCD) aims to make the credit markets function smoothly while ensuring a high level of consumer protection.
  • According to the deal, the legislation will cover credit agreements of up to 100,000.
  • Consumers will have the right to early repayment and to reduce the total cost of their credit.

Highlights - IMCO mission to Ireland - Committee on the Internal Market and Consumer Protection

Retrieved on: 
Friday, December 2, 2022
European Single Market, Brexit, Customs union, United Kingdom Internal Market Act 2020, European Union Customs Union, Animal, IMCO, EU

IMCO mission to Ireland

Key Points: 
  • IMCO mission to Ireland
    02-12-2022 - 12:40
    From 19 to 21 December 2022, five IMCO Members will visit Dublin and the Midlands (Ireland) to assess the ongoing trading relationship between the EU and the UK after Brexit and what effects this may have on the Internal Market and the Customs Union.
  • The mission is being organised in the context of the implementation of the Protocol on Ireland and Northern Ireland and its effects for businesses and consumers.

EQS-News: Mynaric applauds European Union’s agreement to build sovereign satellite constellation

Retrieved on: 
Sunday, November 27, 2022
CCO, SDA, Union, European Space Agency, Internal Market in Electricity Directive, DARPA, Galileo Galilei, App Store (iOS/iPadOS), Government, Australian Space Agency, Security, European Single Market, Infrastructure, Parliament, Interconnection, CONDOR, European Parliament, Atmosphere, Commission, ESA, Investment, FRA, Communications satellite, EU, Mynaric

Emerging companies to build 30% of infrastructure; EU plans to spend 2.4 billion euros on network with additional investments expected from European Space Agency and private sources.

Key Points: 
  • Emerging companies to build 30% of infrastructure; EU plans to spend 2.4 billion euros on network with additional investments expected from European Space Agency and private sources.
  • MUNICH, November 21, 2022 Mynaric (NASDAQ: MYNA) (FRA: M0YN), a leading provider of industrialized, cost-effective, and scalable laser communications products, applauds the agreement by the Commission, Council and Parliament of the European Union to establish a sovereign European satellite constellation focused on government services.
  • According to the agreement of November 17th the satellite network will be utilizing start-ups to build 30% of the total infrastructure.
  • We are excited the EU has agreed to establish its own secure satellite communications constellation and applaud the decision to entrust start-ups to build a significant part of the infrastructure, said Tina Ghataore, CCO of Mynaric.

Highlights - 2021 Commission Discharge: Hearing with Commissioner Breton - Committee on Budgetary Control

Retrieved on: 
Thursday, November 10, 2022
ECA, Action plan, Hearing, European Single Market, European Parliament Committee on Budgetary Control, European Defence Fund, Commission, Committee, EU

2021 Commission Discharge: Hearing with Commissioner Breton

Key Points: 
  • 2021 Commission Discharge: Hearing with Commissioner Breton
    09-11-2022 - 14:31
    On 14 November 2022, the Committee on Budgetary Control will hold a hearing with Thierry Breton, European Commissioner for Internal Market, in the presence of ECA reporting member Mihail Kozlovs.
  • Commissioner Breton is responsible for guaranteeing the smooth functioning of the single market, including the free movement of goods and services, both online and in the physical world.
  • In particular, he is responsible for, among other areas, implementing the European Defence Fund and the Action Plan on Military Mobility and foster a strong and innovative space industry, maintaining the EU's autonomous, reliable and cost-effective access to space; as well as to improve the crucial link between space, defence and security.

Investment Plan for Europe: EIF and TFG Lending Sign EUR 100 Million Deal to Finance over 4000 Businesses

Retrieved on: 
Wednesday, November 2, 2022
Growth, SME, EIF, European Commission Investment Plan for Europe, EFSI, Partnership, Royal commission, Program, European Investment Fund, European Commission, Employment, European, European Single Market, CFO, European Parliament, Directorate-General for Internal Market, Industry, Entrepreneurship and SMEs, Committee on European Affairs and Oversight of the European Funds, Bank, EU, Industry, Entrepreneurship

Through the guarantee program, TFG Lending, a subsidiary of TFG Finance Ltd. will be able to lend 87 million (100 million) to more than 4,000 small enterprises across Europe, North and South America.

Key Points: 
  • Through the guarantee program, TFG Lending, a subsidiary of TFG Finance Ltd. will be able to lend 87 million (100 million) to more than 4,000 small enterprises across Europe, North and South America.
  • The loans will be made possible by an EIF guarantee granted through the COSME initiative, with funding assistance from the European Commission.
  • At TFG Lending, valid businesses can submit an application for finance through the program.
  • Jorge C. Pecidodo, CFO at TFG Finance Ltd, said, "This agreement between TFG Lending and the EIF is a boon for the millions of SMEs who critically need access to finance.

EQS-News: The 4th edition of the HealthTech Innovation Days (HTID®), in Paris, succeeded in bringing together key players of the European healthtech ecosystem to support innovation in healthcare for patients

Retrieved on: 
Saturday, October 22, 2022
Health, European Commission–AstraZeneca COVID-19 vaccine dispute, Communication, European Single Market, Growth, Royal commission, Neoplasm, European Investment Bank, GROW, Entrepreneurship, Medtech, Patient, Association of British HealthTech Industries, Research, Technology, Solution, GDP, NSL, Ecosystem, HTFC, Intellectual property, Digital, France Biotech, Unitary patent, SME, European Commission, Biotechnology, Pharmaceutical industry, Security (finance), Renewable energy, Fine chemical, Industry, EU

The 4th edition of the HealthTech Innovation Days (HTID), in Paris, succeeded in bringing together key players of the European healthtech ecosystem to support innovation in healthcare for patients

Key Points: 
  • The 4th edition of the HealthTech Innovation Days (HTID), in Paris, succeeded in bringing together key players of the European healthtech ecosystem to support innovation in healthcare for patients
    The issuer is solely responsible for the content of this announcement.
  • The 4th edition of the HealthTech Innovation Days (HTID), in Paris, succeeded in bringing together key players of the European healthtech ecosystem to support innovation in healthcare for patients
    The HTID brought together 800 participants: researchers, institutional and industrial players, investors and entrepreneurs from the healthtech ecosystem, on October 13 and 14, in Paris.
  • HTID#4 brought together more than 165 European health technology companies, 15 pharmaceutical and industrial companies and over 300 international investors.
  • The HealthTech Innovation Days are sponsored by international pharmaceutical companies, other health innovation companies, investors and many international opinion leaders.

Advent Technologies Among the Companies to Co-Sign Joint Declaration to Increase Electrolyser Manufacturing Capacities in the European Union

Retrieved on: 
Friday, May 6, 2022
Other Defense, Other Energy, Hardware, Alternative Energy, Energy, Technology, Defense, Environment, Engineering, Other Technology, Manufacturing, Telecommunications, Hydrogen, Carbon, Advent, Research and development, Development, Commission, Human Development Innovation Fund, European Commissioner, Joint Declaration, SEC, CEO, Royal commission, NASDAQ, French-Soviet Joint Declaration of June 30, 1966, European Commission, Industry, Pressure, European Single Market, Contract, U.S. Securities and Exchange Commission, Investment, Aviation, Research, Sunfire, Security (finance), Hydrogen economy, ADN, Renewable energy, IP, Goal, Chief executive officer, Multimedia, Siemens Energy, Joint, EU, ThyssenKrupp

This event was organized by the European Commission in cooperation with Hydrogen Europe and took place under the auspices of the European Clean Hydrogen Alliance.

Key Points: 
  • This event was organized by the European Commission in cooperation with Hydrogen Europe and took place under the auspices of the European Clean Hydrogen Alliance.
  • View the full release here: https://www.businesswire.com/news/home/20220506005240/en/
    European Commissioner for the Internal Market Mr. Thierry Breton (left) and Dr. Vasilis Gregoriou (right) during the European Electrolyser Summit.
  • To achieve the goals outlined in the Joint Declaration that we signed today, the European electrolyser manufacturing sector needs to enhance collaboration to ramp up electrolyser production to approximately 25 GW per year with an installed electrolyser capacity of 90-100 GW.
  • Advent is highly honored to be part of this joint commitment, and we are delighted to see the Commission supporting the industrys goal to boost electrolyser manufacturing.