“Jonathan Faull is someone who can very capably lead our work in terms of what expectations the UK has for reforms in the EU, what is possible and how we can meet each other”, said EU Budget Commissioner Kristalina Georgieva in a press conference on Wednesday.
Jonathan Faull, the European Union’s top civil servant for financial services regulation, will head up a European Commission “Brexit” taskforce dedicated to the United Kingdom’s referendum on its membership of the bloc.
Commissioners are encouraged to be present in both Brussels and at home, even if this leads to unconventional arrangements. Jean-Claude Juncker and Pierre Moscovici both accepted a settling-in grant for the move to Brussels, despite staying in hotels in the EU capital. EURACTIV France reports.
The European Commission will consider reducing how much capital banks must hold against risk for a new class of asset-backed securities, a process of packaging and selling loans blamed for the financial crisis.
The European Commission is proposing to make €1 billion from the Youth Employment Initiative (YEI) available earlier and increase the pre-financing rate by up to 30 times for eligible member states in order to boost youth employment.
The European Commission’s decision to ditch the Circular Economy package of waste, recycling and incineration laws, was confirmed yesterday (22 January), despite the objections of the EU Parliament and national environment ministers.
European Commission President Jean-Claude Juncker admitted that he has been weakened by the revelations of controversial corporate tax avoidance schemes during his long tenure as prime minister of Luxembourg, his confirmation coinciding with a new batch of publications exposing the schemes.
SPECIAL REPORT: European regions and sectors hoping to benefit from the new €315 billion Juncker investment plan will be named on a list set to be published shortly by a joint task force of the European Investment Bank and the Commission.
SPECIAL REPORT: Providing quality services at affordable prices should be the guiding principles of regulation of network industries, according to Bruno Liebhaberg who urges the Juncker Commission to reconsider the EU’s approach to liberalisation in sectors such as telecoms, railways and energy.
The European Commission presented a 315 billion euro plan on Wednesday (26 November) to boost Europe's stagnant economy, but some doubted private investors would provide the funding, 15 times the EU contribution, needed to make it work.
The European Commission yesterday (25 November) unveiled the mechanism for its much-heralded €315 billion investment plan, revealing how a limited €21 billion of initial public money is intended to lift fifteen times as much in capital.
The long-awaited European Fund for Strategic Investments was unveiled yesterday (25 November). The EIB, who will be investing 5 billion euros, hopes to wave its magic wand to mobilise 315 billion, without dipping into the Commission budget. EURACTIV France reports.
A no-confidence motion in the EU's new chief executive Jean-Claude Juncker had no chance of success after the Eurosceptic lawmakers who brought it traded insults with the bigger parties in the European Parliament on Monday (24 November).