• Brussels checks acquisition of Alstom by Siemens

      Brussels checks acquisition of Alstom by Siemens

      The Commission kicked off an in-depth investigation under the EU Merger Regulation to assess the suggested acquisition of Alstom by Siemens. The EU executive worries that the transaction may impede competition in the supply of several types of trains and signalling systems that provide safety controls on mainline and urban rail networks in the markets where the merged entity would be active. 

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    • Juncker travels to Beijing and Tokyo for EU-China, EU-Japan summits

      Juncker travels to Beijing and Tokyo for EU-China, EU-Japan summits

      Commission President Jean-Claude Juncker will, alongside Council President Donald Tusk, represent the EU at the 20th EU-China Summit and the 25th EU-Japan Summit on 16 July in Beijing and 17 July in Tokyo respectively. The two summits will allow EU Leaders, who will be accompanied by VP Jyrki Katainen and Commissioners Cecilia Malmstrom and Violeta Bulc, to assess with their counterparts in China and Japan developments in the bilateral relationships as well as regional and global challenges.

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    • New way of working means 'Doing less, more efficiently'

      New way of working means 'Doing less, more efficiently'

      A new way of working to improve the current policymaking process, giving a stronger voice to local, regional and national authorities in EU, was proposed on 10 July by the Task Force on Subsidiarity, Proportionality and 'Doing Less, More Efficiently'. The group, chaired by the EC First Vice-President Frans Timmermans and comprising three lawmakers from the parliaments of Austria, Bulgaria and Estonia, and three members from the European Committee of the Regions, handed over its final report to EC President Jean-Claude Juncker.

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    • Growth across EU set to slow down

      Growth across EU set to slow down

      Growth across the EU is set to remain strong in 2018 and 2019, at 2.1% this year and 2% next year in both the EU28 and the Eurozone, but after five consecutive quarters of vigorous expansion, the economic momentum has moderated, the Commission stated in its Summer 2018 Interim Economic Forecast presented last Thursday.

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    • Helping Africa and Neighbourhood

      Helping Africa and Neighbourhood

      As part of its External Investment Plan (EIP), the EU gave on Tuesday a green light to a package of financial guarantee programmes worth around €800m, the EU press service reported. The decision is a major milestone towards delivering investments in Africa and the Neighbourhood and will help to leverage an estimated €8-9bn in public and private investment in Africa and the Neighbourhood.

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    • Helping national courts estimate economic harm caused by cartels

      Helping national courts estimate economic harm caused by cartels

      The Commission launched last week an online consultation on draft guidelines aimed at helping national courts estimate the share of price increases caused by a cartel that are passed on to indirect purchasers and final consumers. Views and comments on the guidelines can be passed by 4 October, the EU press service reported. The Commission will carefully review all input before finalising the guidelines.

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    • Emergency assistance to Spain, Greece stepped up

      Emergency assistance to Spain, Greece stepped up

      The Commission has awarded an additional €45.6m in emergency assistance to support Spain and Greece respond to the migratory challenges they face, the EU press service reported. In view of increased arrivals, Spain will receive €25.6m to improve the reception capacity for arrivals at its southern coast and in Ceuta and Melilla as well as to help increase returns. Another €20m has been awarded to the United Nations High Commissioner for Refugees (UNHCR) to improve reception conditions in Greece, notably on the island of Lesvos.

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