The European Commission has informed Google of its preliminary view that the company has, in breach of EU antitrust rules, abused its dominant position by imposing restrictions on Android device manufacturers and mobile network operators. The Commission's preliminary view is that Google has implemented a strategy on mobile devices to preserve and strengthen its dominance in general internet search. First, the practices mean that Google Search is pre-installed and set as the default, or exclusive, search service on most Android...

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Delivering on its Strategy to create a Digital Single Market, the Commission today unveiled its plans to help European industry, SMEs, researchers and public authorities make the most of new technologies. The European Commission today presented a set of measures to support and link up national initiatives for the digitisation of industry and related services across all sectors and to boost investment through strategic partnerships and networks. The Commission also proposes concrete measures to speed up the development of common...

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Athens, 18 April 2016 Good afternoon, Ladies and Gentlemen, thank you very much for participating at this event. I am also very glad to see the deputy Prime Minister here, especially Members of the European Parliament and especially Greek entrepreneurs and representatives of the private sector. I was told that you have already been briefed by our colleagues from the EIB how EFSI functions at the moment. So, I will not repeat what has already been said but I have...

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The inaugural Global Infrastructure Forum 2016 convening here today brings together for the first time the leaders of the multilateral development banks (MDBs) - African Development Bank, Asian Development Bank, Asian Infrastructure Investment Bank, European Bank for Reconstruction and Development, European Investment Bank, Inter-American Development Bank Group, Islamic Development Bank, New Development Bank, and the World Bank Group – as well as development partners and representatives of the G20, G24, and G77, to enhance multilateral collaborative mechanisms to improve infrastructure...

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Less favourable credit terms for counterparties across the entire spectrum of securities financing and OTC derivatives transaction types. Less favourable non-price credit terms being offered in securities financing transactions but at the same time more favourable financing rates for many types of collateral. Overall credit terms offered to counterparties across the entire spectrum of securities financing and OTC derivatives transaction types became less favourable during the three-month reference period ending in February 2016. The tightening of credit terms was most pronounced...

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Remarks by Vice-President Dombrovskis at the Atlantic Council Ladies and gentlemen,The Belgian Nobel Prize-winning physical chemist Ilya Prigogine has described how systems can adapt and find a new equilibrium. How they create 'order out of chaos'. And how their fundamental openness is the characteristic that allows them to change. As he summed it up: 'we grow in direct proportion to the amount of chaos we can withstand and dissipate...' Don't worry, I am not here to talk thermodynamics with you. But...

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Participants at the Press Conference: Vitor Gaspar, Director of the Fiscal Affairs Department; Abdelhak Senhadji, Deputy Director of the Fiscal Affairs Department; Benedict Clements, Chief of the Fiscal Policy and Surveillance Division, Fiscal Affairs Department; Wiktor Krzyzanowski, Senior Communications Officer, Communications Department Mr. Krzyzanowski: Good morning, everybody. Thank you very much for joining us today for the presentation of the Fiscal Monitor. My name is Wiktor Krzyzanowski; I am with the Communications Department of the Fund. Let me present to...

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New EU data protection rules which aim to give citizens back control of their personal data and create a high, uniform level of data protection across the EU fit for the digital era was given their final approval by MEPs on Thursday. The reform also sets minimum standards on use of data for policing and judicial purposes. Parliament’s vote ends more than four years of work on a complete overhaul of EU data protection rules. The reform will replace the...

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