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European Commission - Daily News Daily News 28 / 04 / 2021 Brussels, 28 April 2021 Recovery and Resilience Facility: Germany and Greece submit official recovery and resilience plans The Commission has received official recovery and resilience plans from Germany and Greece. These plans set out the reforms and public investment projects that each Member State plans to implement with the support of the Recovery and Resilience Facility (RRF). The RRF is the key instrument at the heart of NextGenerationEU, the EU's plan for emerging stronger from the COVID-19 pandemic. It will provide up to €672.5 billion to support investments and reforms (in 2018 prices). This breaks down into grants worth a total of €312.5 billion and €360 billion in loans. The RRF will play a crucial role in helping Europe emerge stronger from the crisis, and securing the green and digital transitions. The presentation of these plans follows intensive dialogue between the Commission and the national authorities of these Member States over the past number of months. The Commission will assess the plans within the next two months based on the eleven criteria set out in the Regulation and translate its content into legally binding acts. The Council's approval of the plan would pave the way for the disbursement of a 13% pre-financing to each Member State. This is subject to the entry into force of the Own Resources Decision, which must first be approved by all Member States. The Commission has now received a total of three recovery and resilience plans, from Germany, Greece and Portugal. It will continue to engage intensively with the remaining Member States to help them deliver high quality plans. A press release and Q&A are available online. (For more information: Marta Wieczorek – Tel.: +32 229 58197; Enda McNamara – Tel.: +32 229 64976) The first-ever financial programme to boost the Single Market is ready to kick-off Today, the Commission welcomes the adoption of the first Single Market Programme by the co- legislators. With €4.2 billion over the period of 2021-2027, the Programme provides an integrated package to support and strengthen the governance of the Single Market, including for financial services. The COVID-19 pandemic has shown the importance of a well-functioning Single Market for the resilience of our economy. This Programme provides a dedicated budget to boost the Single Market. The Single Market Programme is a modern, simple and flexible programme, which consolidates a large range of activities that were previously financed separately, into one coherent programme. This will reduce overlaps and improve coordination. It will ensure continuity in the efficient delivery of the Single Market on the ground, while providing better value for money for EU citizens, and allowing a focus on priorities essential for the economic recovery. Moreover, the Programme will support a better enforcement of Union law and promote the competitiveness of SMEs, including through the Enterprise Europe Network and Erasmus for Young Entrepreneurs. Executive Vice-President for A Europe Fit for the Digital Age, Margrethe Vestager, said: “A well- functioning Single Market has a significant and positive impact on jobs, growth and health; it offers more choice and lower prices for consumers. And it allows businesses to exchange products and services. The new Single Market Programme regulation, will make the Single Market more effective and will contribute to a sustainable recovery and successful green and digital transitions.” Commissioner for Internal Market, Thierry Breton, said: “The Single Market has proved, time and time again, to be our engine for growth, jobs and resilience. The agreement on the very first-ever EU programme to strengthen the Single Market in all its diversity is a good sign for the years to come. It will benefit on the ground citizens, consumers and companies alike, in particular SMEs that continue to be deeply affected by the COVID-19 pandemic.” The Single Market Programme regulation will be published in the EU Official Journal in the next days and will apply retroactively from 1 January 2021. A press release is available here. (For more information: Sonya Gospodinova – Tel.: +32 229 66953; Federica Miccoli – Tel.: +32 229 58300) Le programme spatial prêt à décoller La Commission salue aujourd'hui l'adoption du règlement sur l'espace par le Parlement européen et
le Conseil, confirmant ainsi l'accord politique intervenu en décembre 2020 sur le règlement spatial. Le programme spatial, qui dispose du budget le plus élevé jamais alloué à l'espace, soit 14,88 milliards d'euros, englobe toutes les activités spatiales de l'UE dans un seul règlement relatif au programme spatial. Le programme spatial assurera la continuité et l'évolution des trois programmes phares existants, à savoir Galileo, Copernicus et EGNOS. Il soutiendra également de nouvelles initiatives en matière de surveillance de l'espace (SSA), y compris la surveillance de l'espace et de suivi des objets en orbite (SST), la météorologie spatiale et les objets géocroiseurs (NEO) et les télécommunications par satellite (Govsatcom). Le programme spatial contribuera aux transformations verte et numérique de l'économie de l'Union, ainsi qu'à sa résilience. Grâce à ce nouveau règlement, l'UE encouragera les applications/technologies en aval, une meilleure adoption des programmes spatiaux par les utilisateurs et le marché, ainsi que l'exploitation de l'énorme potentiel que recèlent les données et services spatiaux pour développer des applications et des services. Le programme spatial encourage également l'esprit d'entreprise dans l'écosystème spatial européen et sa compétitivité. Le fonds d'investissement dans l'espace, CASSINI, doté de 1 milliard d'euros, stimulera les start-ups et l'innovation de rupture. Il contribuera à faire de l'Europe un pôle d'entrepreneuriat spatial dans le monde. Un communiqué de presse et une fiche d'informations sur le programme spatial sont disponibles en ligne. (Pour plus d'informations: Sonya Gospodinova – Tél.: +32 229 66953; Célia Dejond – Tél.: +32 229 88199) EU budget 2021-2027: Record €1.8 billion funding for projects promoting rights and values in the EU* Yesterday evening, the European Parliament gave its final approval for two new funding programmes: the Justice programme and the Citizens, Equality, Rights and Values programme. The budget for both amounts to €1.8 billion for 2021-2027, making it the largest ever amount of EU funding dedicated to promoting Union values of democracy, rule of law and fundamental rights in the EU. Didier Reynders, Commissioner for Justice, said: “With a budget of €1.8 billion for the next seven years, we are stepping up our action to support justice professionals in their initiatives upholding EU values and the rule of law. A record amount of funding will be made available to the civil society sector, which plays a crucial role in safeguarding our EU common values.” Helena Dalli, Commissioner for Equality, added: “As we continue to tackle the inequalities that were exacerbated by the pandemic, we must step up our efforts to protect fundamental rights and achieve equality for all. These programmes are actions taken to deliver a Union of Equality and taking care of the inclusion, participation and success of all!” The Justice Programme, with a budget of €305 million, focusses on judicial cooperation, judicial training and facilitating access to justice. The Citizens, Equality, Rights and Values Programme received a major budget top-up and was more than doubled. Funding is €1.55 billion will be available to civil society organisations on European, national and local level, as well as equality bodies, municipalities and other stakeholders. Calls for proposals will support civil society action ranging from fighting racism and gender-based violence to promoting equality, the rule of law and citizens' participation in democracy. Member States will establish national contact points to assist organisations in applying. On 25-28 May, Commissioners Reynders and Dalli will launch the programme during the first Civil Dialogue week of the Citizens, Equality, Rights and Values programme. You can find more information and subscribe to the justice funding newsletter here. (For more information: Christian Wigand - Tel.: +32 229 62253; Katarzyna Kolanko - Tel.:+32 229 6 34 44; Jördis Ferroli – Tel: +32 229-92729) La Commission européenne se félicite de l'approbation finale de la gestion du budget 2019 de l'UE Le Parlement européen a approuvé mardi la manière dont la Commission européenne, en coopération avec les États membres, a exécuté le budget de l'Union en 2019, en accordant la décharge lors d'un vote en plénière. Le vote sur la décharge sur le budget de l'UE a été adopté à une large majorité des voix. Johannes Hahn, le commissaire chargé du budget et de l'administration, a déclaré : « Je me félicite du vote de confiance du Parlement européen sur la façon dont la Commission exécute le budget de l'UE dans un environnement complexe, dans de nombreux pays, avec un large éventail de partenaires: Les États membres, les organisations internationales, les petites et moyennes entreprises, les organisations non gouvernementales, les universités, etc. Alors que le budget de l'UE est relativement modeste, il est un instrument très efficace, il crée une valeur ajoutée européenne et il produit des résultats qu'aucun État membre ne pourrait atteindre seul. Le rapport de décharge 2019 constate que la gestion financière du budget de l'UE s'est améliorée constamment au fil du temps. Nous sommes à présent à la croisée des chemins entre deux périodes de programmation, ce qui est l'occasion de tirer parti des enseignements tirés et de mettre en place les mécanismes nécessaires pour les années à venir. La Commission s'emploiera à préserver l'équilibre délicat entre
un faible niveau d'erreur, des paiements rapides, des coûts raisonnables de contrôle et une valeur ajoutée, dans l'intérêt de tous les bénéficiaires du budget de l'UE et des citoyens dans leur ensemble. » La décharge budgétaire annuelle est l'approbation finale par le Parlement européen de la manière dont la Commission européenne a exécuté le budget de l'UE au cours d'une année donnée. Le vote de décharge clôt donc formellement l'exercice budgétaire en question. Le Parlement européen octroie la décharge sur recommandation du Conseil. La procédure est donc l'occasion, pour le Parlement européen et le Conseil, d'exercer un contrôle démocratique sur la manière dont l'argent des contribuables est dépensé. Avant de prendre sa décision, le Parlement examine les comptes et le rapport sur la gestion du budget préparé par la Commission, ainsi que le rapport annuel de la Cour des comptes européenne et tout rapport spécial pertinent. En outre, dans le cadre de la procédure de décharge, la Commission européenne échange en permanence des informations complémentaires avec le Parlement. (Pour plus d'informations: Balazs Ujvari - Tél.: +32 229 54578; Claire Joawn - Tél.: +32 229 56859) Youth volunteering: Commission seeks public views on the mobility of young volunteers The Commission is today launching a public consultation on the mobility of young volunteers across the EU. The 12-week long consultation will collect citizens' views and identify new challenges and opportunities in the field of youth volunteering. Mariya Gabriel, European Commissioner for Innovation, Research, Culture, Education and Youth, said: “Solidarity is a key value of the Union. Each year, thousands of young volunteers put it into practice through cross-border activities that empower them with new competences, while building an inclusive Europe. We owe it to our young people to make sure the European policy framework is in optimal shape to further improve the quality of their volunteering and remove remaining obstacles to cross-border mobility. That is the purpose of this new initiative, which at the same time supports the resilience and recovery of our European societies.” This consultation will contribute to revising the 2008 Council recommendation on mobility of young volunteers, in order to adapt to a constantly evolving society. This initiative will allow young people in Europe to take full advantage of the opportunities in the new European Solidarity Corps and to participate in optimal conditions in cross-border solidarity activities organised by national authorities or private bodies. It will take into account health challenges, such as the COVID-19 pandemic, as well as digitalisation, social inclusion, inter-generational solidarity and climate change. The consultation will build on concrete proposals of an expert group as well as a study on removing obstacles to cross-border solidarity activities. Both the expert group and the study provide preliminary evidence and insights into obstacles, challenges, needs and opportunities in the cross-border solidarity landscape. The public consultation and more information are available online. (For more information: Sonya Gospodinova – Tel.: +32 229 66953; Sinéad Meehan–van Druten – Tel.: +32 229 84094) Fonds structurels et d'investissement européens: les dépenses ont doublé en 2019-2020 Le taux d'investissement des cinq Fonds structurels et d'investissement européens (Fonds ESI) dans l'Union européenne s'est considérablement accéléré au cours des deux dernières années, passant de 28 % de l'enveloppe totale en 2018 à 56 % à la fin de 2020, selon un rapport publié aujourd'hui par la Commission. Cette augmentation significative des dépenses en 2020 montre que, malgré les circonstances exceptionnelles de la crise du coronavirus, l'utilisation des fonds structurels soutenant les investissements dans les régions d'Europe s'est accrue. Cela était en partie dû à la flexibilité introduite dans la législation relative à la politique de cohésion fournie par les initiatives d'investissement dans la lutte contre le coronavirus (CRII et CRII +) permettant aux États membres de rediriger les ressources non dépensées vers les domaines ayant le plus besoin de soutien. Grâce à cette mesure, plus de 22 milliards d'euros ont été utilisés pour soutenir les secteurs de la santé, les PME, l'emploi et les groupes de population vulnérables dans presque tous les États membres avec la possibilité supplémentaire de bénéficier d'un taux de cofinancement à 100 % de l'UE. Le vice- président exécutif Valdis Dombrovskis a déclaré: « Il existe de nombreuses preuves que le soutien des Fonds ESI a été efficace dans de nombreux domaines et pour différents types de bénéficiaires - tant dans les secteurs public et privé que pour les particuliers. Qu'il s'agisse de la réponse au changement climatique, de la recherche et de l'innovation ou de la croissance inclusive, la valeur ajoutée de l'UE est frappante. » La commissaire chargée de la cohésion et des réformes, Elisa Ferreira, a ajouté: « La politique de cohésion porte ses fruits. Les chiffres parlent d'eux-mêmes: l'augmentation des dépenses témoigne de la solidarité de l'UE, alors que notre réponse sans précédent à la crise du coronavirus aide des millions d'Européens et d'entreprises à se remettre sur pied et à participer à la reprise économique et sociale. » Les investissements des fonds ESI sont destinés à l'économie réelle, ils représentent 463 milliards d'euros sur la période 2014-2020 et ont mobilisé un investissement total de 644 milliards d'euros pour favoriser une convergence socio-
économique durable, la résilience et la cohésion territoriale. Plus de détails dans notre communiqué de presse. (Pour plus d'informations: Vivian Loonela - Tél.: +32 229 66712; Veronica Favalli - Tél.: +32 229 87269) Investment Plan for Europe boosts digital skills and education together with EIF and EIT Digital The European Investment Fund (EIF) and EIT Digital, a knowledge and innovation community of the European Institute of Innovation and Technology (EIT), have signed an agreement for a maximum volume of €2.5 million that will allow more European students and learners to benefit from EIT Digital's training programmes. The agreement is part of the EFSI Skills & Education Guarantee Pilot, an initiative dedicated to stimulating access to finance in education, training and skills, backed by the European Fund for Strategic Investments (EFSI), the main pillar of the Investment Plan for Europe. Thanks to this agreement, EIT Digital will be able to offer deferred payment schemes for students and learners participating in its courses thus improving access to education. Future EIT Digital students and learners will be able to apply for the new scheme from June 2021 onwards. Around 500 people are expected to benefit from the scheme. Vice-President for Promoting our European Way of Life, Margaritis Schinas, said: “The digital transition profoundly changes the way we live, study and work. We must equip people with the right skills to master this transition and make the most out of the opportunities the future brings. Thanks to the EU Skills & Education Guarantee Pilot and the EIF, even more students and entrepreneurs looking to expand their digital skills will benefit from the education and learning offers of the EIT Digital School.” The Investment Plan for Europe has so far mobilised €546.5 billion of investment across the EU. The press release is available here. (For more information: Marta Wieczorek – Tel.: +32 229 58197; Flora Matthaes – Tel.: +32 229 83951) Commissioner Gabriel meets European Women in Venture Capital Group to support female innovators Today, Mariya Gabriel, Commissioner for Innovation, Research, Culture, Education and Youth, met with the European Women in Venture Capital Group, a community of women investors who seek to build an active network for women professionals and strengthen the participation of women in the venture capital industry in Europe. The meeting was the first of a newly established working group, led by Commissioner Gabriel, that brings together 23 senior professionals and representatives from the EU Member States to work towards a more inclusive and gender-balanced innovation ecosystem, where creativity and diversity flourish. Commissioner Gabriel said: “We need women's creativity and entrepreneurial potential to create jobs and growth. If we want more women innovators in Europe, we need to invest more and provide them with the right education and support early on.'' Increasing women's participation and fostering gender equality in research and innovation is a priority under Horizon Europe, the new EU research and innovation programme, which will require public bodies, research and higher education institutions to have in place a gender equality plan to be eligible for EU funding. Another new initiative under Horizon Europe is the recently announced ‘Women TechEU', which will support deep-tech start-ups led by women and help them grow their company into the technology champions of tomorrow. The new working group complements these efforts, as well as the work of the European Innovation Council (EIC) fund, by promoting women's participation in the start-ups and innovation ecosystem in Europe. Together with the renewed European Research Area, adopted last autumn, and in synergy with the European Education Area, the Commission is committed to boosting gender equality and inclusiveness in Europe. (For more information: Johannes Bahrke – Tel.: +32 229 58615; Marietta Grammenou – Tel.: +32 229 83583) A strengthened EU Civil Protection Mechanism endorsed by European Parliament The European Parliament voted yesterday to strengthen the role of the European Union in crisis management through a legislative revision of the EU Civil Protection Mechanism. This allows for faster and more effective European solidarity operations in response to large-scale emergencies or disasters that affect several countries at the same time. The EU will have at its disposal additional financial means for civil protection and will strengthen emergency tools such as the rescEU medical reserve of protective equipment. As a direct response to the ongoing COVID-19 pandemic, this boost to the EU Civil Protection will ensure that no EU Member State will face shortages of personal protective equipment in the future. On this occasion, Commissioner for Crisis Management, Janez Lenarčič, said: “I welcome the European Parliament's vote. Through this wide-ranging upgrade of the EU's Civil Protection Mechanism, we will be equipped with additional tools to respond to new risks in Europe and in the world. The Mechanism will become more agile, more comprehensive and
more fit-for-purpose in view of today's challenges. When the next large-scale crisis strikes, the EU needs to have the tools to respond effectively, including during transboundary crises, affecting multiple Member States and several sectors at the same time. Reinforcing the EU's crisis management system comes in direct response to the 27 Members States and the European Parliament's request for a stronger EU role in emergencies, and strong public support for the EU to strengthen its disaster management.” Read the full press release and Q&A. (For more information: Balazs Ujvari - Tel.: +32 229 54578; Daniel Puglisi - Tel.: +32 229 69140) Antitrust: Commission fines investment banks €28 million for participating in SSA bonds trading cartel The European Commission has fined Bank of America Merrill Lynch, Crédit Agricole, and Credit Suisse a total of €28,494,000 for breaching EU antitrust rules. Deutsche Bank was not fined as it revealed the existence of the cartel to the Commission. The four banks took part in a cartel in the secondary trading market within the European Economic Area of Supra-sovereign, Sovereign and Agency (SSA) bonds denominated in US Dollars. The four investment banks participated in a cartel through a core group of traders working in their USD SSA bonds divisions, who were in regular contact with each other. The traders, who were in direct competition, typically logged into multilateral chatrooms or bilateral chatrooms on Bloomberg terminals. They provided each other with recurring updates on their trading activities, exchanged commercially sensitive information, coordinated on prices shown to their customers, or to the market in general and aligned their trading activities on the secondary market for these bonds. The conduct took place during a five-year period and affected the trading of US denominated SSA bonds on the secondary market in the entire EEA. This behaviour violates EU rules that prohibit anticompetitive business practices such as collusion on prices (Article 101 of the Treaty on the Functioning of the European Union and Article 53 of the EEA Agreement). Executive Vice-President of the Commission Margrethe Vestager, in charge of competition policy said: “Today we have issued a decision against Bank of America Merrill Lynch, Crédit Agricole, Credit Suisse and Deutsche Bank, whose traders colluded on trading strategies, exchanged sensitive pricing information and coordinated on prices. The behaviour of the investment banks restricted competition in a market in which investment and pension funds regularly buy and sell bonds on behalf of their investors and pensioners. The cartel harmed the financial markets and today's decision sends a clear message that the Commission will not tolerate any type of collusive behaviour.” The press release is available here. (For more information: Arianna Podesta – Tel. +32 229 87024; Maria Tsoni – Tel.: +32 229 90526) State aid: Commission approves €4 million Portuguese employment aid scheme to preserve jobs on Azores Islands during coronavirus outbreak The European Commission has approved a €4 million Portuguese aid scheme for preserving employment on the Azores Islands during the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework. The scheme aims at avoiding layoffs by compensating the wage costs of business in the Region of the Azores, which would otherwise have laid off personnel due to the containment measures adopted by the Portuguese authorities to limit the spread of the coronavirus outbreak. The scheme is open to employers who have experienced a decrease in turnover of at least 25% with respect to before the outbreak and meet certain eligibility conditions. The aid will take the form of a direct grant equal to maximum two regional monthly salaries. The Commission found that the Portuguese measure is in line with the conditions set out in the Temporary Framework. In particular, (i) the support will not exceed 80% of the gross salary of the benefitting personnel in the relevant period of 2021; (ii) the employers commit to keep the employees covered by the subsidies in continuous employment for the period during which they receive the aid; and (iii) the aid will be granted no later than 31 December 2021. The Commission concluded that the Portuguese measure is necessary, appropriate and proportionate to remedy a serious disturbance in the economy of a Member State, in line with Article 107(3)(b) TFEU and the conditions set out in the Temporary Framework. On this basis, the Commission approved the measure under EU State aid rules. More information on the Temporary Framework and other actions taken by the Commission to address the economic impact of the coronavirus pandemic can be found here. The non-confidential version of the decision will be made available under the case number SA.61240 in the State aid register on the Commission's competition website once any confidentiality issues have been resolved. (For more information: Arianna Podesta – Tel. +32 229 87024; Giulia Astuti – Tel: +32 229 55344; Maria Tsoni – Tel.: +32 229 90526) Mergers: Commission clears acquisition of Hydro Rolling by KPS Capital Partners
The European Commission has approved, under the EU Merger Regulation, the acquisition of Norsk Hydro's Aluminium Flat Rolled Products business (‘Hydro Rolling') of Norway by KPS Capital Partners, LP of the U.S. Hydro Rolling is active in the production and supply of aluminium flat rolled products. KPS Capital Partners is an investment fund controlling manufacturing and industrial companies across a diverse array of industries, including basic materials, branded consumer, healthcare and luxury products, automotive parts, capital equipment and general manufacturing. The Commission concluded that the proposed acquisition would raise no competition concerns, given that the companies are not active on the same markets. The transaction was examined under simplified merger review procedure. More information is available on the Commission's competition website, in the public case register under the case number M.10227. (For more information: Arianna Podesta – Tel. +32 229 87024; Giulia Astuti – Tel.: +32 229 55344; Maria Tsoni – Tel.: +32 229 90526) Eurostat: communiqués de presse *Updated on 28-04-2021, at 13:01 MEX/21/2005
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