MEPs underlined that Parliament will only give its consent to a budget that meets the European Union’s ambitions, in a debate on EU funding for 2021-2027. Talking about the budget means talking about the EU’s future, MEPs said in a key plenary debate with Nikolina Brnjac, Croatian State Secretary for Foreign and European Affairs, representing the Council, and Commission President Ursula von der Leyen. The debate on Wednesday came ahead of a special EU summit starting on 20 February, where member...

The European Securities and Markets Authority (ESMA) has published seven opinions on position limits  regarding commodity derivatives under the Markets in Financial Instruments Directive and Regulation (MiFID II/MIFIR) today. ESMA’s opinions agree with the proposed position limits regarding: ICE Endex Dutch TTF Gas contracts EEX Phelix DE Base Power contracts EEX Capesize TC5 Freight contracts EEX Spanish Power Base contracts MEFFPOWER  Baseload contracts ESMA found that the proposed position limits are consistent with the objectives established in MiFID II and with the methodology...

Today, the European Commission put forward a proposal to drive forward the EU accession process, by making it more credible, with a stronger political steer, more dynamic and predictable. Commissioner for Neighbourhood and Enlargement, Olivér Várhelyi, commented: “The European Union enlargement to the Western Balkans is a top priority for the Commission. We are working on three tracks: Firstly, today we propose concrete steps on how to enhance the accession process. While we are strengthening and improving the process, the goal remains accession...

Josep Borrell, the EU's High Representative for Foreign Affairs and Security Policy and Vice-President of the European Commission (HR/VP), will travel to the United States on 6 and 7 February. This will be the first visit of Josep Borrell to the United States in his capacity as HR/VP. During his stay in Washington DC, he will meet with United States Secretary of State, Michael R. Pompeo, with the Speaker of the United States House of Representatives, Nancy Pelosi, with National...

The European Securities Markets Authority (ESMA) has published today an amended version of its guidelines on enforcement of financial information. The Guidelines apply to national competent authorities’ (NCAs) enforcement of financial information which issuers, listed on regulated markets, are required to publish under the Transparency Directive. Following a 2017 peer review on the implementation of certain aspects of the Guidelines, ESMA decided to amend the Guidelines in order to further harmonise the way NCAs enforce the financial disclosures of European issuers. The...

Today, the United Kingdom leaves the European Union and becomes a third country. While we regret the decision of the United Kingdom to leave our Union, we fully respect this choice and are ready to move forward. The diplomatic representation of the European Union from now on will be ensured by an EU Delegation, under my authority as High Representative of the Union for Foreign affairs and Security Policy. I have appointed Ambassador João Vale de Almeida as Head of Delegation...

The European Commission is partnering with the European Investment Fund, part of the European Investment Bank Group (EIB), to launch the BlueInvest Fund today. During the BlueInvest Day conference in Brussels, EIB Vice-President Emma Navarro and Virginijus Sinkevičius, Commissioner for Environment, Oceans and Fisheries, launched a €75 million equity investment fund for the blue economy. The BlueInvest Fund will be managed by the European Investment Fund and will provide financing to underlying equity funds that strategically target and support the innovative blue...