European defence fund proposals reach record high in 2024

European defence fund proposals reach record high in 2024

Brussels (Brussels Morning Newspaper) – The 2024 European Defence Fund saw a record 298 proposals, reflecting a 25% increase in submissions.

European Commission revealed that the EU defence industry, including small and medium-sized enterprises (SMEs), and research organisations submitted a … Read more

Continue reading European defence fund proposals reach record high in 2024 at The Brussels Morning Newspaper.

Court backs Commission decision to fine banks over bond cartel

Court backs Commission decision to fine banks over bond cartel

Brussels (Brussels Morning Newspaper) – Credit Suisse and Credit Agricole failed their first challenges against million-euro fines issued by the EU Commission in 2021 for taking part in a bond cartel.

The European Commission fined Bank of America Merrill Lynch, … Read more

Continue reading Court backs Commission decision to fine banks over bond cartel at The Brussels Morning Newspaper.

US’s Corning faces EU scrutiny on mobile glass market tactics

US’s Corning faces EU scrutiny on mobile glass market tactics

Brussels (Brussels Morning Newspaper) – EU Commission unlocks antitrust investigation into possible anticompetitive practices by US-based company Corning over cover glass for electronic devices.

The European Commission has unlocked a formal investigation to evaluate whether Corning may have manipulated its … Read more

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EU Commission proposes €700,000 for laid-off Belgian workers

EU Commission proposes €700,000 for laid-off Belgian workers

Brussels (Brussels Morning Newspaper) – The European Commission proposed €700,000 from the EGF to support 632 laid-off workers in Belgium with job transition services and skills development.

A proposal was made by the European Commission to support 632 workers in … Read more

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EU Commission welcomes new VAT regulations for digital economy

EU Commission welcomes new VAT regulations for digital economy

Brussels (Brussels Morning Newspaper) – The EU Commission supports the Council’s approach to modernize VAT, enhance fraud prevention, and improve digital reporting.

As for the Commission’s proposals on VAT in the Digital Age, the European Commission welcomes the general approach … Read more

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EU Commission demands apple’s compliance with DMA

EU Commission demands apple’s compliance with DMA

Brussels (Brussels Morning Newspaper) – The EU Commission has asked Apple to ensure iPadOS complies with all relevant obligations under the Digital Markets Act (DMA).

Apple must ensure its operating system iPadOS concedes with all the relevant commitments under the … Read more

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Commission nominees undergo intensive vetting by MEPs

Commission nominees undergo intensive vetting by MEPs

Brussels (Brussels Morning Newspaper) – EU lawmakers will review new Commission members assessing their qualifications for leadership.

European Union lawmakers will vet the proposed new EU Commission members on 4 Nov 2024. Over five days of hearings, the EU parliamentarians … Read more

Continue reading Commission nominees undergo intensive vetting by MEPs at The Brussels Morning Newspaper.

Spain seeks EU aid after deadly floods devastate region

Spain seeks EU aid after deadly floods devastate region

Madrid (Brussels Morning Newspaper) – Spain’s Prime Minister Sánchez seeks EU support for recovery from severe flooding, which has claimed 211 lives.

Spain’s Prime Minister Pedro Sanchez requested support from the European Union to aid Spain recover from what he … Read more

Continue reading Spain seeks EU aid after deadly floods devastate region at The Brussels Morning Newspaper.

EU fines Teva Pharmaceutical for unfair competition

EU fines Teva Pharmaceutical for unfair competition

Brussels (Brussels Morning Newspaper) – Teva Pharmaceutical Industries Ltd. has been fined almost €463 million by the EU Commission for preventing fair competition by unfairly belittling a rival maker of a multiple sclerosis drug.

Teva is a global pharmaceutical firm … Read more

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EU Commission probes Temu’s sale of illegal products

EU Commission probes Temu’s sale of illegal products

Brussels (Brussels Morning Newspaper) – EU launches formal investigation amid concerns Chinese shopping website Temu is breaching Digital Services Act.

The European Commission has opened formal proceedings to evaluate whether Temu may have violated the Digital Services Act (DSA) in … Read more

Continue reading EU Commission probes Temu’s sale of illegal products at The Brussels Morning Newspaper.