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Finance and Monetary Affairs in the EU
Latest news on economic and monetary affairs in the European Union.
- Sterling edges higher - Euro currency news daily — 27 March 2024, 12:02 CET
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GBP/USD temporarily broke the 1.2600 level yesterday before midday, but has since dropped to 1.2610.
- 54 pct of all EU deaths in 2021 due to circulatory diseases, cancer — 26 March 2024, 22:51 CET
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There were 5.3 million deaths in the EU in 2021, according to figures from Eurostat, with the main causes of death across the EU being circulatory diseases, cancer and COVID-19.
- Brussels selects 170 new projects for EUR 120m reform funding — 26 March 2024, 22:24 CET
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The EU Commission selected a new round of 170 projects under its 'technical support' instrument Tuesday, to set up some 307 reforms to strengthen EU states' competitiveness and modernisation efforts.
- 2024 Technical Support Instrument - guide — 26 March 2024, 21:47 CET
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The European Commission selected on 26 March a new round of 170 projects under the Technical Support Instrument (TSI), to support Member States to design and implement a total of 307 reforms in 2024, which will strengthen Member States' competitiveness, resilience, and modernisation.
- MEPs edge towards mainstreaming responsible business conduct — 20 March 2024, 00:06 CET
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Today, the European Parliament's Committee on Legal Affairs (JURI) approved the final agreement on the Corporate Sustainability Due Diligence Directive (CSDDD). The approved final text reflects the significant dilution that the EU Member States endorsed a few days earlier, breaking the agreement they themselves had reached with the Parliament in December.
- 59 pct of Europeans use social networks: Eurostat — 19 March 2024, 22:04 CET
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59 per cent of the EU population took part in social networks such as Facebook, X, Instagram, Snapchat and TikTok in 2023, according to figures released Tuesday by the EU statistics agency.
- Madrid region has highest life expectancy in EU — 16 March 2024, 00:31 CET
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The region with the highest life expectancy at birth in the European Union in 2022 was the Spain's region of Comunidad de Madrid at 85.2 years, the EU's statistics agency Eurostat reported Thursday.
- Global AI in cybersecurity market to skyrocket to USD 60.6bn by 2028 — 05 March 2024, 18:14 CET
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The global market for AI in cybersecurity is poised to witness remarkable growth, surging from USD 22.4 billion in 2023 to a staggering USD 60.6 billion by 2028, according to a new report.
- EU adopts 13th package of sanctions against Russia — 26 February 2024, 23:18 CET
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Two years on from Russia's brutal invasion of Ukraine, the EU adopted Friday its thirteenth package of sanctions against Putin’s regime, those responsible for perpetuating its war and those lending it their support.
- 23 pct of EU enterprises engaged in online sales in 2022 — 26 February 2024, 23:17 CET
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22.9 per cent of EU enterprises conducted sales online in 2022, according to figures released Monday by Eurostat, 0.1 per cent higher compared with 2021 and 6.5% higher that in 2012 (16.4%).
- EU adopts instant 10-second payments regulation — 26 February 2024, 22:23 CET
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The EU Council adopted Monday a regulation that will make instant payments fully available in euro to consumers and businesses in the EU and in EEA countries.
- EU-Russia trade remains at low levels — 22 February 2024, 23:59 CET
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EU trade with Russia has been strongly affected by import and export restrictions imposed following Russia's invasion of Ukraine, dropping considerably below levels prior to the invasion, Eurostat reports.
- EUR 83m EU humanitarian aid to support people in Ukraine and Moldova — 20 February 2024, 18:51 CET
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The European Commission announced Tuesday an initial EUR 83 million in humanitarian aid to support the people affected by Russia's war against Ukraine for 2024.
- EU growth, inflation set for further falls: winter forecast — 16 February 2024, 23:43 CET
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Europe's economy entered 2024 on a weaker footing than expected, the European Commission said Thursday, revising growth down to 0.5% in 2023, as inflation slows faster than projected in the autumn.
- MEPs look to bring an end to greenwashing claims — 16 February 2024, 19:49 CET
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A European Parliament committee adopted new rules Wednesday on how firms can validate environmental marketing claims, and the information they need to provide to justify these claims.
- Consumers could be fully reimbursed for payment fraud according to European Parliament vote — 14 February 2024, 23:47 CET
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Consumers could be fully reimbursed if they become a victim of an impersonation scam according to a vote in the European Parliament’s ECON Committee today.
- Substantiating Green Claims: Retailers and wholesalers call for practicality — 14 February 2024, 23:42 CET
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Today, the European Parliament's Committee on the Environment, Public Health and Food Safety and the Committee on Internal Market and Consumer Protection adopted their draft report on the Substantiating Green Claims Directive proposal.
- Euro money transfers to arrive 'within ten seconds' — 08 February 2024, 00:11 CET
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The European Parliament adopted new rules Wednesday to ensure transferred funds arrive immediately into the bank accounts of retail customers and businesses across the EU.
- Clearing package deal boost for EU capital markets — 08 February 2024, 00:01 CET
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The European Parliament and EU Council reached political agreement Wednesday on new rules to help make EU clearing services more attractive and robust and preserve financial stability.
- EU reaches provisional deal on environmental, social and governance ratings — 06 February 2024, 19:03 CET
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The EU institutions reached provisional agreement Monday on a regulation on environmental, social and governance rating activities to boost investor confidence in sustainable products.
- Listing Act deal: A twofold win for investors & the environment — 06 February 2024, 00:41 CET
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Following extensive negotiations, the Listing Act trilogues concluded on 2 February, reaching a deal that contains specific wins for sustainable finance and investors alike: it improves the sustainability disclosures of stocks and bonds to better inform investors buying them.
- EU, IFC to unlock EUR 500m private sector investment for Ukraine reconstruction — 05 February 2024, 18:35 CET
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The European Commission and the International Finance Corporation signed a guarantee agreement Monday to support investments to help drive an inclusive and sustainable reconstruction in Ukraine.
- EU Council and Parliament agree new stock listings act — 02 February 2024, 23:09 CET
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The EU institutions reached provisional agreement Thursday on a package to make EU public capital markets more attractive for EU companies and easier for companies to list on European stock exchanges.
- Brussels to offer derogations to ease pressure on EU farmers — 02 February 2024, 00:26 CET
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The European Commission proposed Wednesday to allow EU farmers to make use of derogations for 2024 from Common Agricultural Policy rules which oblige them to keep certain areas non-productive.
- EU reliance on fossil fuels increased slightly in 2022 — 30 January 2024, 18:32 CET
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The EU’s reliance on fossil fuels for its overall energy supply in 2022 showed a slight increase on 2021, from 69.9 to 70.9 per cent, according to figures released Tuesday by the EU statistics agency.