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EU single market strategy, sovereignty fund to be sought, draft shows
An EU strategy for the Single Market, a new sovereignty fund, and a timeline for the establishment of the bloc’s savings, investments, and energy unions are among the requests European government leaders are set to make at a summit in Budapest next month, a draft declaration seen by MLex shows. EU leaders are also set to call for a European Tech Strategy.
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ICG and Imanes file change in control of Picard for EU foreign subsidy review
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Japan Pulp & Paper seeks EU foreign-subsidy clearance for Inapa deal
Japan Pulp & Paper has sought EU foreign-subsidy clearance to take over assets from insolvent Portuguese paper distributor Inapa. JPP is buying the businesses as pa... (more story)
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EU subsidy rules lack transparency, consistency, auditors warn
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Italian gas distributor Italgas has sought EU foreign subsidy clearance to buy its smaller rival 2i Rete Gas. The European Commission has set a Feb. 13 deadline to decide on the deal.
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The EU’s quest to create a “new approach” to competition policy will avoid drama and focus on getting stakeholders to support fresh goals and buy into future changes, Teresa Ribera said today. The EU’s new ant... (more story)
EU competition law needs to adapt with the times, move faster and better direct investment to the green transition, the bloc’s new antitrust chief has said. In her first speech on competition policy since taki... (more story)
Teresa Ribera, Europe’s incoming competition and energy chief, is putting the finishing touches to her private office, bringing together legal and energy-policy expertise to oversee enforcement of the bloc’s p... (more story)
Grzegorz Radziejewski and Florentine Hopmeier will be head and deputy head of cabinet for Piotr Serafin, the new EU budget chief, MLex has learned. The positions will be key, as the European Commission is due ... (more story)
EU plans to ease market access to Chinese companies willing to transfer advanced technologies and invest in research and development are at an advanced stage, with consideration of what legal instruments can b... (more story)
The EU Clean Industrial Deal and Omnibus Simplification Package should be discussed by the new European Commission at the end of February, according to an indicative planning document seen by MLex. The bloc’s ... (more story)
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The EU hydrogen bank’s option to use EU-wide auctions to guide national funding has the potential to align national and EU financial firepower toward common objectives. The tool developed for hydrogen is alrea... (more story)
Any hopes in the EU nuclear-power industry that lawmakers' questioning of candidates to front the next European Commission would bring clarity over the EU approach to sector’s future were frustrated again yest... (more story)
Efforts by the Abu Dhabi National Oil Company to complete its buyout of Germany’s Covestro will undoubtedly include a close study of the remedies that Emirates Telecommunications Group recently offered to win ... (more story)
The edict is writ large for the EU’s new competition enforcer: go faster. When Teresa Ribera takes up the reins later this year, one of her main challenges will be to accelerate the machinery of enforcement, c... (more story)
Dealmakers may have been concerned that the EU’s new foreign-subsidy rulebook might leave their transactions in limbo, but today’s decision to clear a United Arab Emirates-backed deal — two and a half months b... (more story)
Ursula von der Leyen’s proposed complex European Commission structure features six executive vice-presidents with overlapping portfolios, plus three senior commissioners who report directly to her. The structu... (more story)
Spanish environmentalist Teresa Ribera will be one of the most influential voices in EU policymaking for the next five years, wielding powers to stop illegal mergers and corporate conduct, as well as driving t... (more story)
Apple’s defeat at the EU top court today is a massive victory for outgoing competition chief Margrethe Vestager, but is unlikely to trigger a flood of new probes into the tax affairs of multinationals.