European Commission


    • Malta's FIAU to improve banks' supervision

      Malta's FIAU to improve banks' supervision

      Following the Commission's request, the European Banking Authority (EBA) investigated and concluded that Malta's Financial Intelligence Analysis Unit (FIAU) was breaching Union law and issued a Recommendation on 11 July 2018. It considered that Malta failed to correctly supervise financial institutions and ensure their compliance with anti-money laundering rules.

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    • EU invests €190m in innovative Portuguese SMEs

      EU invests €190m in innovative Portuguese SMEs

      In the context of the 2018 Web Summit in Lisbon and in presence of Commissioner Moedas, on Wednesday the European Investment Bank Group signed two agreements, together worth €190m, for the launch of two equity funds managed by the firms Vallis Capital Partners and Mustard Seed MAZE. Both funds benefit from the support of the InnovFin Equity, COSME EFG and the European Fund for Strategic Investments (EFSI), the heart of the Investment Plan for Europe - the Juncker Plan.

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    • Athens, 2018 European Capital of Innovation

      Athens, 2018 European Capital of Innovation

      The Commission awarded last Tuesday Athens the title of the European Capital of Innovation 2018 with a €1m prize, the EU press service reported. The awards are funded by the EU research and innovation programme Horizon 2020. The runner-up cities - Aarhus (Denmark), Hamburg (Germany), Leuven (Belgium), Toulouse (France), and Umea (Sweden) - received €100,000 each. The prize money will be used to scale up local innovation activities and collaborate with other cities.

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    • EU commits €300m for clean and safe oceans

      EU commits €300m for clean and safe oceans

      The Commission announced €300m of EU-funded initiatives at the the 5th edition of Our Ocean conference, in Bali, Indonesia, held last Monday and Tuesday and aimed at working for the better governance of the oceans, the EU press service reported. The initiative includes projects to tackle plastic pollution, make blue economy more sustainable and improve research and marine surveillance. The contribution comes on top of the over €550m committed by the EU last year in Malta.

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    • Participants in Ottawa meeting support WTO reform

      Participants in Ottawa meeting support WTO reform

      The 13 members of the World Trade Organisation (WTO), participating in a ministerial meeting held in Ottawa on 24 and 25 October - including the EU represented by Commissioner for Trade Cecilia Malmström - unequivocally reiterated their commitment to safeguarding the rules-based multilateral system and supported proposals made by the EU in its WTO reform concept paper published on 18 September 2018.

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    • Digital performance index shows EU progress

      Digital performance index shows EU progress

      The European Commission published in Friday the International Digital Economy and Society Index (I-DESI), comparing the digital performance of EU Member States with those of 17 non-EU countries in 5 areas: connectivity, human capital and digital skills, use of internet by citizens integration of technology and digital public services.

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