EU Economy and Finance

The way we move is changing - and #NextGenerationEU is driving the shift. 🚆🚲🚗 ✅ 1.8 million zero-/low-emission cars  ✅ 13,000 clean buses  ✅ 1.13 million charging points and -stations  ✅ 5,700 km of bike lanes  ✅ 17,000 km of railway upgrades That means cleaner air, healthier cities and faster, greener travel across Europe. 🌍💚 Europe’s transport is on track for a sustainable future. Will you ride along? 🚴♀️🚍 Check the factsheet to learn more 👉🏼 https://lnkd.in/d8XAU7fq

How quickly will your SME get help from the EU Sanctions Helpdesk? ⏱️All requests are acknowledged within 2 working days. ✅Simple queries: ~5 days 📚Complex ones (e.g. Russia, Iran): ~10 days Get clear answers for your SME free of charge 👉 https://lnkd.in/ekaUGECW #DGFISMA #AskTheHelpdesk

Exposure of EU goods to US tariffs is estimated at 0.3% of EU GDP. Among major US trading partners, the EU faces the 4th lowest effective tariff rate, after Canada, Mexico and the United Kingdom. However, the average effective tariff rate hides significant variation across Member States. 📊 The EU countries most exposed are those with both a high effective tariff rate and a large proportion of their exports going to the US. 👉 Learn more about the exposure of global and EU trade to US tariffs: https://lnkd.in/dVKzDACf #ECForecast

📢🌱 You still have time to have your say in the EU taxonomy! The call for evidence for the review of the Climate and Environmental delegated acts will close on 5 December. The initiative aims to update the taxonomy’s technical screening criteria to make them simpler, more usable and more aligned with EU legislation. Don't miss out! ➡️ Review of the EU taxonomy 𝗲𝗻𝘃𝗶𝗿𝗼𝗻𝗺𝗲𝗻𝘁𝗮𝗹 delegated act https://lnkd.in/eEf3z8eB ➡️ Review of the EU taxonomy 𝗰𝗹𝗶𝗺𝗮𝘁𝗲 delegated act https://lnkd.in/dFaYNgNi #DGFISMA European Commission

This is our proposal to create a true single market for financial services in Europe. 👇 #DGFISMA  

📈 Another major step for the Savings and Investments Union! Today, we are launching a comprehensive package designed to 𝗿𝗲𝗺𝗼𝘃𝗲 𝗯𝗮𝗿𝗿𝗶𝗲𝗿𝘀 𝗶𝗻 𝘁𝗵𝗲 𝗘𝘂𝗿𝗼𝗽𝗲𝗮𝗻 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗺𝗮𝗿𝗸𝗲𝘁𝘀 and unlock their full potential. This initiative will empower citizens with more options to grow their wealth and give businesses better access to the funding they need. Despite recent progress, EU financial markets remain too fragmented, too small, and lack competitiveness, missing out on potential economies of scale and efficiency gains. In 2025 the market capitalisation of stock exchanges amounted to 73% of EU GDP, compared to 270% in the US. This fragmentation hinders the opportunities for individuals and businesses, ultimately hampering our entire economy and the EU’s global competitiveness. 𝗢𝘂𝗿 𝗽𝗿𝗼𝗽𝗼𝘀𝗮𝗹 𝘁𝗼 𝗰𝗿𝗲𝗮𝘁𝗲 𝗮 𝘁𝗿𝘂𝗲 𝘀𝗶𝗻𝗴𝗹𝗲 𝗺𝗮𝗿𝗸𝗲𝘁 𝗳𝗼𝗿 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝘀𝗲𝗿𝘃𝗶𝗰𝗲𝘀: 🗝 𝗥𝗲𝗺𝗼𝘃𝗶𝗻𝗴 𝗼𝗯𝘀𝘁𝗮𝗰𝗹𝗲𝘀 𝘁𝗼 𝗺𝗮𝗿𝗸𝗲𝘁 𝗶𝗻𝘁𝗲𝗴𝗿𝗮𝘁𝗶𝗼𝗻: By enhancing passporting opportunities for Regulated Markets and Central Securities Depositories, and introducing the ‘Pan-European Market Operator’ status, we're paving the way for market actors to operate seamlessly across Member States. 💡𝗙𝗮𝗰𝗶𝗹𝗶𝘁𝗮𝘁𝗶𝗻𝗴 𝗶𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻: By amending the Distributed Ledger Technology Pilot Regulation, providing legal certainty and flexibility that will encourage the adoption of new technologies in the financial sector. 🔍 𝗦𝘁𝗿𝗲𝗮𝗺𝗹𝗶𝗻𝗶𝗻𝗴 𝘀𝘂𝗽𝗲𝗿𝘃𝗶𝘀𝗶𝗼𝗻: By transferring direct supervisory powers over crypto-asset services providers and significant market infrastructures to the European Securities and Markets Authority (ESMA) and enhancing ESMA's role for the supervisory convergence on large asset management groups, we're making supervision more conducive to cross-border activities. 📝 𝗦𝗶𝗺𝗽𝗹𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝗯𝘂𝗿𝗱𝗲𝗻 𝗿𝗲𝗱𝘂𝗰𝘁𝗶𝗼𝗻: By simplifying the capital markets framework further, we’re significantly reducing the regulatory burden on market participants and making it easier for businesses and investors to operate and thrive. Together, these proposals form a coherent set of reforms vital for a true single market along the entire investment chain, strengthening the EU’s economy and bolstering its international position. 👉 Learn more about today’s package: https://lnkd.in/eThFGPFf #DGFISMA European Commission

In light of adverse demographic trends, migration can play a vital role in easing labour supply constraints. Since the pandemic, the cumulative increase in employment has been driven primarily by people born outside the EU. Overall, immigration has strengthened labour supply amid demographic challenges and labour shortages, thereby contributing to economic growth. 📈 While the growth in employment by foreign-born persons has a rather immediate positive effect on GDP, research has also found that the long-term impact of immigration on GDP per capita is significant and positive, driven by increased productivity. This #ECForecast special topic discusses recent trends in migration and intra-EU mobility as well as their implications for the EU labour market. 👉 Learn more: https://lnkd.in/eEGu8g-P

We are taking a significant step in our effort to combat financial crime by adding Russia to the EU list of high-risk countries with strategic deficiencies in their anti-money laundering and counter-terrorist financing frameworks (AML/CFT). This decision follows a thorough technical assessment, which evaluated Russia's AML/CFT frameworks against specific criteria and a well-defined methodology. The assessment was carried out in cooperation with Member States' competent authorities and the European External Action Service. EU entities covered by the AML framework will be required to apply enhanced vigilance in transactions involving Russia. 🗞️ Learn more: https://lnkd.in/eYJMtVb7 #DGFISMA European Commission

With #NextGenerationEU, EU Member States are:    💨 Expanding renewable energy by 61 GW  🔌 Reinforcing electricity grids with 10,000 km of new lines  🔋 Adding 7 GW of storage  🏠 Improving 4 million homes and 420 million m² of buildings  🌡️ Replacing 3 million heating systems with sustainable alternatives  📊 Installing 14 million smart meters to monitor and reduce consumption That’s enough green power to cover 40 million households - all of Germany!    Temporary by design. Long-lasting by results. 💚