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The European Council brings together the Heads of State or Government of the 27 EU Member States in regular 'summit' meetings which seek to define the overall political direction and priorities of the European Union. This Briefing offers a selection of key facts and figures about this institution, detailing its membership, role, work and development over time.

Since its adoption, EU legislation on blood, tissues and cells has ensured an upward convergence in the quality and safety of these substances from donation to human application. Following an evaluation of the legislation, shortcomings have become apparent, primarily in light of scientific and technical developments in this area. Socio-demographic trends and new epidemiological risks have further consolidated the view that certain provisions of this legislation need to better reflect the current ...

Covering some 52 000 large agro-industrial installations EU-wide, the Industrial Emissions Directive is the main EU instrument regulating pollutant emissions from industry. The proposal for a revision tabled by the European Commission on 5 April 2022 aims to bring it into line with the EU's zero pollution ambition, energy, climate and circular economy policy goals under the European Green Deal. The main changes include expanding the scope (in terms of sectors covered and thresholds), strengthening ...

The European Green Deal envisages a review of measures addressing pollution from large industrial installations, with a view to aligning existing legislation with the EU's zero pollution ambition, as well as its energy, climate and circular economy policy goals. On 5 April 2022, the European Commission tabled a proposal to revise the Industrial Emissions Directive, the main European Union instrument regulating pollutant emissions from industry, together with a proposal to revise the Regulation establishing ...

The June 2022 European Council meeting marked a potentially historic moment: EU leaders granted Ukraine and Moldova candidate status and also confirmed Georgia's European perspective. Although highly anticipated, this major step was neither obvious nor uncontroversial, as for the first time it concerned a country still at war, generating intense discussions both within the European Council and with partner countries. On Ukraine, EU leaders took stock of the situation in the country, confirmed their ...

The second Markets in Financial Instruments Directive (MiFID II) and the Markets in Financial Instruments Regulation (MiFIR) are the principal texts regulating investment services and activities in the EU. Following an extensive consultation and in light of the recent developments in the context of the coronavirus pandemic, the European Commission proposed the establishment of an EU-wide consolidated tape for shares, bonds, exchange-traded funds (ETFs) and derivatives, as well as making targeted ...

This note is prepared in view of a regular public hearing with the Chair of the Supervisory Board of the European Central Bank (ECB), Andrea Enria, which will take place on 30 June 2022. The briefing addresses: 1) latest developments regarding completion of the Banking Union, 2) excessive leverage, 3) the ECB’s Annual Report on supervisory activities 2021, 4) conduct risk, 5) a snapshot of the euro area banking sector one quarter after the start of the war in Ukraine, 6) statistics on loans subject ...

This document presents selected indicators on public finance for the Euro Area Member States and the Euro Area as a whole. For each indicator, it provides a short explanation and the data sources. The final section presents a short overview of the main indicators used by the European and other international institutions to assess debt sustainability.

On 14 July 2021, the European Commission presented a package of proposals to make the EU's climate, energy, land use, transport and taxation policies fit for reducing net greenhouse gas emissions by at least 55 % by 2030, compared with 1990 levels – the 'fit for 55' package. The package includes a proposal to ensure a level playing field for sustainable air transport, also known as the ReFuelEU Aviation initiative. In the draft regulation, the Commission proposes obligations on fuel suppliers to ...

One of the most talked about concepts in modern technology, the metaverse can be described as an immersive and constant virtual 3D world where people interact by means of an avatar to carry out a wide range of activities. Such activities can range from leisure and gaming to professional and commercial interactions, financial transactions or even health interventions such as surgery. While the exact scope and impact of the metaverse on society and on the economy is still unknown, it can already be ...