EIB lends up to EUR 110m to Dräger for medical technology development

Fresh funds will support Dräger´s R&D investment programme EIB financing provided under Investment Plan for Europe, or Juncker Plan The European Investment Bank (EIB) will lend up to EUR 110 million to Dräger, a global leader in the fields of medical and safety technology. Dräger will use the fresh financing to fund R&D projects in … Continue reading EIB lends up to EUR 110m to Dräger for medical technology development

European Union launches WTO cases on ICT and pharmaceuticals

Today, the EU has brought two disputes in the World Trade Organisation (WTO) against India and Turkey, respectively targeting unlawful import duties on Information and Communication Technology (ICT) products and unlawful measures on pharmaceuticals. In both cases, there are significant economic interests and important legal principles at stake for the EU. The total value of … Continue reading European Union launches WTO cases on ICT and pharmaceuticals

New EU rules to eliminate the main loopholes used in corporate tax avoidance come into force on 1 January

The Commission welcomes the entry into force of new rules to eliminate the most common corporate tax avoidance practices. As of 1 January 2019, all Member States shall apply new legally binding anti-abuse measures that target the main forms of tax avoidance practiced by large multinationals. Pierre Moscovici, Commissioner for Economic and Financial Affairs, Taxation and … Continue reading New EU rules to eliminate the main loopholes used in corporate tax avoidance come into force on 1 January

EU-Japan trade agreement on track to enter into force in February 2019

The European Commission welcomes today's approval in the European Parliament of the EU-Japan Economic Partnership Agreement and the EU-Japan Strategic Partnership Agreement. The trade agreement negotiated by the Commission is the first ever to include an explicit reference to the Paris climate agreement. It will create an open trading zone covering 635 million people and … Continue reading EU-Japan trade agreement on track to enter into force in February 2019

Brexit: European Commission recommends sufficient progress to the European Council (Article 50)

The European Commission has today recommended to the European Council (Article 50) to conclude that sufficient progress has been made in the first phase of the Article 50 negotiations with the United Kingdom. It is now for the European Council (Article 50) on 15 December 2017 to decide if sufficient progress has been made, allowing … Continue reading Brexit: European Commission recommends sufficient progress to the European Council (Article 50)

Intellectual property: Protecting Europe’s know-how and innovation leadership

The Commission today presents measures to ensure that intellectual property rights are well protected, thereby encouraging European companies, in particular SMEs and start-ups, to invest in innovation and creativity. Today's initiatives will make it easier to act efficiently against breaches of intellectual property rights, facilitate cross-border litigation, and tackle the fact that 5% of goods … Continue reading Intellectual property: Protecting Europe’s know-how and innovation leadership

Brexit: European Commission welcomes decision by EU27 Member States to relocate UK-based Agencies

The European Commission welcomed yesterday's agreement at the General Affairs Council (Article 50 format) to move the European Medicines Agency (EMA) and the European Banking Authority (EBA) to Amsterdam and Paris, respectively. Both Agencies are currently located in London. The relocation of these two Agencies is a direct consequence – and the first visible result … Continue reading Brexit: European Commission welcomes decision by EU27 Member States to relocate UK-based Agencies