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Public financing of enterprises, which has been on the rise globally, can have a distortive effect on competitive markets. In response to this trend, in May 2021 the European Commission published a proposal for a regulation to tackle foreign subsidies with a distortive effect on the EU single market. It would enable the Commission to investigate subsidies granted by non-EU public authorities to companies operating on the single market, and to apply countervailing measures, should these subsidies ...

Distortive foreign subsidies

Lyhyesti 07-11-2022

Foreign state financing of companies can have distortive effects on the single market. In its first November plenary session, the Parliament will vote on the provisional agreement, reached in trilogue negotiations, on a proposed regulation to tackle such distortive foreign subsidies. Under the regulation, companies would need to notify subsidies granted by non-EU public authorities in areas of mergers and acquisitions and bids in big public procurements, and the Commission would have the right to ...

EU-India: Trade prospects

Lyhyesti 12-10-2020

The EU-India Summit held in July 2020 agreed to establish a regular high-level dialogue at ministerial level on bilateral trade and investment relations. In this way, the EU and India expressed a clear political will to work together to overcome issues that have hampered their trade relations in recent years and impeded advances towards a bilateral trade and investment agreement – where negotiations have been stalled since 2013 – and achievement of the potential of economic relations between the ...

Pääomien vapaa liikkuvuus

Faktatietoja EU:sta 01-11-2017

Pääomien vapaa liikkuvuus on paitsi uusin perussopimuksiin kirjatuista vapauksista myös niistä laajin, koska se kattaa ainoana kolmannet maat. Pääomavirtojen vapauttaminen on edennyt vähitellen. Maastrichtin sopimuksesta alkaen on poistettu kaikki rajoitukset, jotka koskevat pääomanliikkeitä ja maksuja jäsenvaltioiden välillä tai jäsenvaltioiden ja kolmansien maiden välillä. Periaate on vaikutuksiltaan välitön, eli se ei edellytä uutta lainsäädäntöä unionin eikä jäsenvaltioiden tasolla.

Freezing assets is an EU competence; recovering them, on the other hand, is a competence of the Member States. For the EU, recovering the assets of the ousted Tunisian and Egyptian regimes is an issue of political commitment and credibility, with the Union's reputation in Arab Spring countries partly at stake. The United Nations Convention against Corruption (in force since 2005) makes clear that recovering assets is a priority in a coordinated international fight against corruption. There exists ...