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Wirtschaft & Handel

EU Launches €80B Alliance to Scale Up Tech Leaders

The European Investment Bank (EIB) Group, along with major institutional investors, has launched an €80 billion investment alliance to support European tech champions. The initiative aims to scale up innovative tech companies, enhancing Europe's competitiveness and strategic autonomy. This public-private partnership will mobilise significant capital to help European tech firms grow into global leaders. Further details on the first wave of investments are expected in the coming months.

A new €80 billion fund will help promising European tech companies grow and compete globally.

Neu: EU Tech Champions Initiative

European Investment Bank

Rechte & Gesellschaft

EMA Panel Issues New Safety Info for Contraceptives

The European Medicines Agency's safety committee (PRAC) has agreed on new safety information for contraceptives containing desogestrel and etonogestrel. The update addresses potential risks and provides clearer guidance for healthcare professionals and patients. These hormonal contraceptives are widely used across the EU for birth control. The PRAC's recommendations will now be forwarded to the EMA's human medicines committee for a final opinion before the product information is updated EU-wide.

The EU's medicines watchdog is updating safety warnings for some widely used contraceptives.

Fortsetzung: EU Medicines Safety Updates

European Medicines Agency

Sicherheit & Außenpolitik

EU Agency Busts Multimillion-Euro Cigarette Ring

The European Anti-Fraud Office (OLAF) has helped dismantle two international criminal organisations involved in a multimillion-euro illicit cigarette supply chain. The operation, based in Spain, targeted the manufacturing, distribution, and trafficking of counterfeit tobacco products. OLAF provided intelligence and coordination that was crucial for the success of the raids conducted by national law enforcement. The bust prevents significant losses in customs duties and taxes for the EU and its Member States.

A major cross-border operation has shut down a huge counterfeit cigarette network in Europe.

Fortsetzung: EU Anti-Fraud Operations

European Anti-Fraud Office

Finanzregulierung

EU Moves Closer to Single Hub for Investor Data

The European Securities and Markets Authority (ESMA) has launched the first phase of data collection for the European Single Access Point (ESAP). This marks a key step towards creating a centralised platform for public financial and sustainability information from EU companies. The initial phase involves collecting data from officially appointed collection bodies across the Member States. ESAP aims to simplify access to company information for investors, boosting the Capital Markets Union.

A new EU data hub is being built to make it easier for citizens to access company information.

Fortsetzung: EU Capital Markets Union

European Securities and Markets Authority

EU-Politik & Recht

EU Body Backs Industrial Competitiveness Act

The European Economic and Social Committee (EESC) has voiced its support for a proposed "Industrial Accelerator Act" to boost Europe's industrial competitiveness. In an official opinion, the EESC stressed the need to place competitiveness at the heart of the EU's industrial transition. The committee, which represents employers, workers, and civil society, believes such an act would streamline regulations and support industries navigating the green and digital transitions. This opinion will now feed into the ongoing legislative debate.

EU advisory body urges lawmakers to pass a new act to boost industrial competitiveness.

Neu: EU Industrial Strategy Debate

European Economic and Social Committee