The Commission presents an action plan to support entrepreneurs in Europe

The new action plan to support entrepreneurs and revolutionise entrepreneurial culture in the EU presented by the European Commission stresses the key role of education and training to nurture new generations of entrepreneurs, and includes specific measures to help budding entrepreneurs among young people, women, seniors, migrants, and the unemployed.

Read more …

The presidents of the EIB and the European Economic and Social Committee call for increased investment in the EU

At its meeting in December 2012, the presidents of the European Investment Bank (EIB) and the European Economic and Social Committee (EESC) highlighted the need to accelerate the pace of investment in the European Union in order to ensure economic recovery and growth. They stressed the need for investment in areas such as infrastructure, SMEs, innovation and knowledge, as well as energy and the fight against climate change.

Read more …

€200 million from the EIB and €200 million more from the Banco de Sabadell to support SMEs

The European Investment Bank (EIB) has signed a loan agreement with Banco de Sabadell to finance the investment projects of SMEs and midcaps. The projects eligible for financing will mostly be located in Spain and to a lesser degree in other EU countries. EIB and Banco de Sabadell will contribute with €200 million each.

Read more …

EIB and EESC Presidents called for accelerating investments in the EU to facilitate structural change

Werner Hoyer, president of the European Investment Bank (EIB), and Staffan Nilsson, President of the European Economic and Social Committee (EESC) agreed that long-term investment can significantly boost growth in times of crisis and constrained public budgets combined with private deleveraging. Both the EIB and the EESC agreed on the need to strengthen the EIB's relations with civil society, and the EESC already strongly supports the actions of the EIB.

Read more …

Public procurement contracts should go to the most advantageous bidder, say MEPs

The Internal Market Committee approved the new rules on public procurement. MEPs agreed that public procurement should be greener and more socially responsible. They also proposed to establish a "procurement passport" to show that a firm fulfils the criteria without having to send in documentation every time they make a bid.

Read more …

From 1st January 2013, new EU VAT rules enter into effect

The European Commission underlined that new EU VAT rules enter into force from 1st January 2013. These rules are aimed at making life much simpler for businesses across Europe. Also, from 1st January 2013 enter into force stronger rules to fight tax evasion.

Read more …

The Council adopted two regulations on the unitary patent

The Council adopted the regulation with a view to implementing enhanced cooperation in the area of the creation of unitary patent protection and the regulation on its translation arrangements.

Read more …

New major package of measures to improve the European regulatory framework in the internal market

The European Commission presented a major package of measures to strengthen and improve the European regulatory framework and ensure the EU's "regulatory fitness". This package is aimed at making it easier and cheaper for enterprises to do business and for citizens to enjoy the benefits of the Single Market.

Read more …

The Commission proposes to modernise the rules on cross-border business insolvency

The European Commission made a proposal to modernise the existing rules on cross-border business insolvency so that they support restructuring of business in difficulties and create a business-friendly environment – the current rules date from 2000. According to the Commission, the changes will improve the efficiency and effectiveness of cross-border insolvency proceedings.

Read more …

The European Parliament and the Council backed EU unitary patent rules

MEPs approved the so-called "EU patent package" (unitary patent, language regime and unified patent court). Moreover, Ministers endorsed the political agreement for the establishment of a unitary patent system valid across the EU. On the other hand, an Advocate General’s Opinion proposes that the Court of Justice of the European Union dismiss the actions brought by Spain and Italy against the Council’s decision authorising enhanced cooperation in the area of the unitary patent. The two regulations on the Unitary Patent and the translation arrangements should be formally adopted by the Council before the end of 2012.

Read more …

48% of enterprises in the EU provided some type of portable device to some of their staff for business use

According to a survey results, in January 2012, almost half of enterprises in the EU reported that they provided some type of portable device to at least some of their staff for business use. With regard to the type of mobile devices provided to staff, 40% of enterprises provided portable computers and 39% other mobile devices, such as smartphones or Personal Digital Assistants.

Read more …