Margrethe Vestager | Tags | Econostrum | Economic News in the Mediterranean

EU to invest €1.2bn in defence industrial cooperation projects

07/21/2022 | Industry

EU. The European Commission is to provide a total of almost €1.2 billion in EU funding for sixty-one collaborative defence research and development projects.

defence, EDF, EU, Europe, European Commission, European Defence Fund, Margrethe Vestager, Norway, ORT, research and technology organisations, Thierry Breton

European Commission authorises €500m state aid to Croatian companies

07/12/2022 | Society / Institutions

CROATIA. The European Commission authorises a Croatian state aid scheme under the temporary framework defined by the institution to better respond to crisis situations.

bank, Croatia, Croatian Bank for Reconstruction and Development, European Commission, HBOR, Hrvatska Banka Za Obnovu I Razvitak, Margrethe Vestager, Russia, state aid scheme, Ukraine

Spain and Portugal allowed to reduce wholesale electricity prices

06/09/2022 | Services

SPAIN / PORTUGAL. The European Commission has authorised €8.4 billion of State aid from Spain and Portugal to reduce wholesale electricity prices on the Iberian Electricity Market.

Italy will be able to support the agriculture and fisheries sectors with €1.2 billion

05/19/2022 | Society / Institutions

ITALY. The European Commission authorises the Italian State to implement a €1.2 billion framework scheme to support the agriculture, forestry, fisheries and aquaculture sectors.

agriculture, animal feed, aquaculture, competition, European Commission, fisheries, forestry, France, Italy, Margrethe Vestager, Russia, state aid, Ukraine

European Commission validates €120m state aid for Spanish carriers

03/22/2022 | Transport

SPAIN. The European Commission authorises a Spanish State aid scheme worth €120 million to encourage the transfer of freight transport from road to sustainable rail.

EU, European Commission, European Union, FFR, freight, Margrethe Vestager, rail, Recovery and Resilience Facility, road, Spain, transport

European Commission approves regional aid to Greek companies

01/06/2022 | Society / Institutions

GREECE. In order to fight against disparities on its territory, the Greek government has set up a mapping of regional aid to enterprises for the period 2022-2027 and has just received the green light from the European Commission to start it.

EU, European Commission regional state aid, European Union, Greece, Margrethe Vestager, regions, state aid

European Commission approves €2.55bn state aid for TAP Air Portugal

12/23/2021 | Transport

PORTUGAL. The airline group TAP will be able to benefit from €2.55 billion in State aid, but in exchange and in the name of competition, it will have to free up slots and reduce its fleet.

Brazil, EU, European Commission, European Union, Marcelo Rebelo de Sousa, Margrethe Vestager, Portugal, Portugalia, Tap Air Portugal, Transportes Aéreos Portugueses

1bn on the table to improve the digital side of European interconnection

12/16/2021 | Services

EU. The European Commission will financially support projects under the digital strand of the European Interconnection Mechanism with the aim of ensuring that all populated areas have 5G coverage by 2030.

5G, digital, digital connectivity, Europe, European Commission, interconnection, interconnection in Europe, Margrethe Vestager, mechanism for interconnection in Europe, MIE, Thierry Breton

Conserve Italia and Conserves France ordered to pay €20m for anti-competitive practices

11/23/2021 | Industry

ITALY. Conserve Italia and its subsidiary Conserves France S.A. have been fined €20m by the European Commission for cartel practices in the vegetable canning sector.

European Commission extends provisional state aid guidelines

11/18/2021 | Society / Institutions

EU. The European Commission has decided to extend until 30 June 2022 the temporary framework for state aid adopted in the context of the coronavirus epidemic.

coronavirus, EU, European Commission, European Union, Margrethe Vestager, State aid, temporary framework for State aid

EU to build its quantum communications infrastructure

07/28/2021 | Industry

EU. All Member States commit to explore, over the next twelve months, how to develop and deploy a quantum communication infrastructure across the EU over the next ten years.

cybersecurity, EU, European Commission, European Quantum communication infrastructure, European quantum communication infrastructure, European Union, EuroQCI, Ireland, Margrethe Vestager, quantum communication, quantum information, Thierry Breton

European Commission accepts €4bn recapitalisation of Air France

04/06/2021 | Transport

FRANCE. The European Commission has accepted the French government's plan to recapitalise Air France as part of its temporary framework for state aid during the Covid-19 period.

Air France, Air France-KLM, air transport, Bruno Le Maire, European Commission, France, Margrethe Vestager, Orly, Paris, transport

European Commission prolongs temporary framework for State aid until June 2021

10/13/2020 | Society / Institutions

EU. European Commission prolongs the exception from the temporary state aid framework to allow governments to support the economy in the context of the Covid-19 pandemic.

version française

coronavirus crisis, Covid-19, European Commission, Margrethe Vestager, pandemic, state aid, temporary framework for state aid

European Commission approves €1.5 billion government aid for companies in Southern Italy

10/07/2020 | Society / Institutions

ITALY. The European Commission authorises an Italian scheme worth €1.5 billion to support businesses in the regions of Southern Italy affected by the coronavirus pandemic.

Abruzzo, aquaculture, Basilicata, Calabria, Campania, coronavirus crisis, Covid-19, European Commission, fishing, Italy, Margrethe Vestager, Molise, public finance, Puglia, Rome, Sardinia, Sicily, state aid, tax advantage

European Commission authorises €7bn special aid to Air France

05/04/2020 | Transport

FRANCE. The European Commission authorises the emergency cash support granted by the French State to Air France for €7 billion.

Air France, air transport, Bruno le Maire, coronavirus crisis, Covid-19, European Commission, Margrethe Vestager, State aid