Single market

Green Destinations: European Green Pioneer of Smart Tourism 2025 competition now open for applications!

Retrieved on: 
Thursday, April 18, 2024

BRUSSELS, April 18, 2024 /PRNewswire/ -- The European Commission has launched the 2025 edition of the European Green Pioneer of Smart Tourism competition, inviting tourism destinations across Europe to showcase their innovative sustainable tourism practices.

Key Points: 
  • BRUSSELS, April 18, 2024 /PRNewswire/ -- The European Commission has launched the 2025 edition of the European Green Pioneer of Smart Tourism competition, inviting tourism destinations across Europe to showcase their innovative sustainable tourism practices.
  • Building on the legacy of the European Destinations of Excellence (EDEN), the European Green Pioneer of Smart Tourism competition provides a platform for Europe's most sustainable tourism destinations to showcase their exemplary initiatives.
  • Last year, in the first edition of the competition, the title of European Green Pioneer of Smart Tourism 2024 was awarded to Grosseto (Italy).
  • For all the latest updates on the Smart Tourism initiative, follow us on our website , Facebook, or Twitter , and subscribe to our EU Smart Tourism podcast series on Spotify and Amazon Music .

Press release - Parliament celebrates the 20th anniversary of the EU’s biggest enlargement

Retrieved on: 
Thursday, April 25, 2024

Parliament celebrates the 20th anniversary of the EU’s biggest enlargement

Key Points: 
  • Parliament celebrates the 20th anniversary of the EU’s biggest enlargement
    On Wednesday morning, MEPs, EU and member state representatives, and young people born 20 years ago, marked the entry into the EU of ten countries in May 2004.
  • EP President Roberta Metsola, Commission President Ursula von der Leyen, former EP President Pat Cox, and former Commission President Romano Prodi participated in a formal sitting of Parliament to mark the 20th anniversary of the 2004 EU enlargement.
  • Addressing the ceremony, European Parliament President Roberta Metsola said:
    ”In these past two decades, Europe has been met with unprecedented challenges.
  • The transformative effect of EU enlargement on the lives of generations of Europeans is without any doubt.

Piero Cipollone: Innovation, integration and independence: taking the Single Euro Payments Area to the next level

Retrieved on: 
Thursday, April 25, 2024

This paper investigates the sensitivity of the demand for safe government debt to currency unhedged and hedged excess returns in a sample of US mutual funds.

Key Points: 
  • This paper investigates the sensitivity of the demand for safe government debt to currency unhedged and hedged excess returns in a sample of US mutual funds.
  • We find evidence of active rebalancing towards government bonds that offer relatively higher returns on an unhedged basis, in particular euro denominated securities.

Economic Bulletin Issue 3, 2024

Retrieved on: 
Thursday, April 25, 2024

The European Banking Authority (EBA) today launched a public consultation on its draft Regulatory Technical Standards (RTS) on the method for identifying the main risk driver and determining whether a transaction represents a long or a short position. These RTS are part of the Phase 1 deliverables of the EBA roadmap on the implementation of the EU banking package in the area of market risk. The consultation runs until 24 July 2024.

Key Points: 


The European Banking Authority (EBA) today launched a public consultation on its draft Regulatory Technical Standards (RTS) on the method for identifying the main risk driver and determining whether a transaction represents a long or a short position. These RTS are part of the Phase 1 deliverables of the EBA roadmap on the implementation of the EU banking package in the area of market risk. The consultation runs until 24 July 2024.

Christine Lagarde: Unlocking the power of ideas

Retrieved on: 
Tuesday, April 23, 2024

Since 2022 rising housing costs have, on average, largely been offset by growth in household income, leading to stable housing cost to household income ratios.

Key Points: 
  • Since 2022 rising housing costs have, on average, largely been offset by growth in household income, leading to stable housing cost to household income ratios.
  • The housing cost burden has, however, increased slightly for both renter and mortgage households at the upper end of the income distribution.

Press release - European Parliament Press Kit for the Special European Council of 17 and 18 April 2024

Retrieved on: 
Thursday, April 18, 2024

In this press kit, you will find a selection of the European Parliament’s press releases reflecting MEPs’ priorities for topics on the summit agenda. Source : © European Union, 2024 - EP

Key Points: 


In this press kit, you will find a selection of the European Parliament’s press releases reflecting MEPs’ priorities for topics on the summit agenda. Source : © European Union, 2024 - EP

Press release - EP President Metsola at EUCO: The Single Market is Europe’s greatest economic driver

Retrieved on: 
Thursday, April 18, 2024

Doubling down on the Single Market ensures Europe’s long-term competitiveness, prosperity and leadership on the global stage, said President Metsola at the Special European Council. Source : © European Union, 2024 - EP

Key Points: 


Doubling down on the Single Market ensures Europe’s long-term competitiveness, prosperity and leadership on the global stage, said President Metsola at the Special European Council. Source : © European Union, 2024 - EP

Christine Lagarde, Luis de Guindos: Monetary policy statement (with Q&A)

Retrieved on: 
Thursday, April 18, 2024

Stock market development and familiarity (language and distance) are considered key determinants for home bias.

Key Points: 
  • Stock market development and familiarity (language and distance) are considered key determinants for home bias.
  • The literature neglects however that investors often invest in foreign funds domiciled in financial centers.

BusinessEurope Statement on the Renewal of the EU Autonomous Trade Measures (ATMs) to support Ukraine

Retrieved on: 
Thursday, March 21, 2024

BRUSSELS, March 21, 2024 /PRNewswire/ -- More than two years after Russia's invasion of Ukraine, BusinessEurope, that includes two observer members from Ukraine[1], reiterates its strong support to Ukraine and its people.

Key Points: 
  • BRUSSELS, March 21, 2024 /PRNewswire/ -- More than two years after Russia's invasion of Ukraine, BusinessEurope, that includes two observer members from Ukraine[1], reiterates its strong support to Ukraine and its people.
  • More than ever the EU needs to ensure that emergency support continues to flow to the country, and that infrastructure and businesses are kept operational.
  • In this respect, we support the renewal of the EU's autonomous trade measures (ATMs) to enhance bilateral trade with Ukraine.
  • Combined with the implementation of solidarity lanes, these liberalisation measures have been critical to facilitate the flow of goods, including commodities, in and out of the country.

BusinessEurope Statement on the Renewal of the EU Autonomous Trade Measures (ATMs) to support Ukraine

Retrieved on: 
Thursday, March 21, 2024

BRUSSELS, March 21, 2024 /PRNewswire/ -- More than two years after Russia's invasion of Ukraine, BusinessEurope, that includes two observer members from Ukraine[1], reiterates its strong support to Ukraine and its people.

Key Points: 
  • BRUSSELS, March 21, 2024 /PRNewswire/ -- More than two years after Russia's invasion of Ukraine, BusinessEurope, that includes two observer members from Ukraine[1], reiterates its strong support to Ukraine and its people.
  • More than ever the EU needs to ensure that emergency support continues to flow to the country, and that infrastructure and businesses are kept operational.
  • In this respect, we support the renewal of the EU's autonomous trade measures (ATMs) to enhance bilateral trade with Ukraine.
  • Combined with the implementation of solidarity lanes, these liberalisation measures have been critical to facilitate the flow of goods, including commodities, in and out of the country.