In a recommendation issued today, the Commission is urging Member States to immediately repeal any existing investor citizenship schemes and to ensure strong checks are in place to address the risks posed by investor residence schemes.
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The European Commission has approved unconditionally, under the EU Merger Regulation, the proposed acquisition of MGM Holdings Inc. (‘MGM') by Amazon.com Inc (‘Amazon'). The Commission concluded that the transaction would raise no competition concerns in the European Economic Area (‘EEA').
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The European Commission has approved unconditionally, under the EU Merger Regulation, the proposed acquisition of Nuance Communications, Inc. (‘Nuance') by Microsoft Corporation (‘Microsoft').
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Today, the European Commission has approved, under EU State aid rules: (i) €2.55 billion of restructuring aid to enable the Group Transportes Aéreos Portugueses SGPS S.A. (‘TAP SGPS') and the airline TAP Air Portugal return to viability
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Latvia is moving ahead with the reform of state-owned enterprises (SOEs) by endorsing a methodology for optimising capital and governance structures for such companies.
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European Commission President Ursula von der Leyen says the bloc will maintain pressure on members Poland and Hungary to uphold democratic values, including possible legal actions and funding cuts.
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The European Commission has today disbursed €157 million to Cyprus in pre-financing, equivalent to 13% of the grant and loan component of the country's financial allocation.
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The European Commission has today disbursed €201 million (1.5 billion kr.) to Denmark in pre-financing, equivalent to 13% of the country's financial allocation under the Recovery and Resilience Facility (RRF).
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The European Commission has approved, under EU State aid rules, a €520 million Italian scheme to compensate companies active in the trade fairs and congress sector and their service providers for the damages suffered due to the restrictive measures introduced by the Italian government to limit the spread of the coronavirus.
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The European Commission has approved a €108 million Danish aid measure to support coronavirus-related research and development (R&D) activities of Bavarian Nordic, a company active in the vaccine development and manufacturing industry. The scheme was approved under the State aid Temporary Framework.
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