The European Commission adopted a delegated act on Wednesday that postpones the date of application of part of the Basel III standards in the EU – the fundamental review of the trading book (FRTB) – by one year. This part will then be applied from Jan. 1, 2026, the Commission announced. With the exception of […]
Germany’s future hydrogen requirements can largely be covered by pipelines from the “extended European neighborhood”. This is the result of a study by the think tanks Agora Energiewende and Agora Industrie. However, the pipeline infrastructure would have to be expanded quickly for this to happen. If this succeeds, “around 60 to 100 terawatt hours (TWh)” […]
The Commission has launched an investigation into Delivery Hero for alleged anti-competitive practices. The authority suspects that the food delivery company and its Spanish subsidiary Glovo are involved in a cartel, the Commission announced on Tuesday.Delivery Hero and Glovo are among the largest food delivery services in Europe. Delivery Hero held a minority stake in […]
For the first time, a Commissioner will be responsible for housing. This was announced by Ursula von der Leyen in her speech to the European Parliament on Thursday. “Europe is facing a housing crisis that affects people of all ages and families of all sizes,” said von der Leyen, explaining her decision. “I [will] appoint […]
The CDU/CSU group in the EPP wants to support the European steel industry – and is therefore proposing a European steel pact as part of a new Industrial Deal. “A competitive steel industry in the EU is essential for prosperity, the resilience of industrial value chains, employment, economic security and the green transformation”, says the […]
The EU umbrella organization Housing Europe is calling for the issue of affordable housing to be given more attention in the current debate on the strategic agenda. “Affordable housing for employees is also crucial for competitiveness. Many workers are already struggling to find housing – especially in urban areas”, Housing Europe Secretary General Sorcha Edwards […]
Leading Socialists and Democrats are calling for the new EU Commission to present a law to limit subcontracting. The initiative comes from S&D Vice-President Gaby Bischoff, Luxembourg Vice-President Marc Angel and other S&D MEPs from Sweden, Denmark, Austria, Finland, the Netherlands, and Belgium. The Social Democrat MEPs initially publicized their initiative on the trade union-affiliated […]
The digital association Bitkom is calling for the provisions on algorithmic management from the Platform Work Directive to be quickly extended to all areas of the economy. “The use of algorithmic systems in the workplace should be considered uniformly across the entire economy”, says Adél Holdampf-Wendel, Head of Future of Work and Labor Law at […]