EUROPEAN COMMISSION

EU members race for 2020 renewable energy target

EU INSTITUTIONS Theodoros Benakis -
Renewable sources of energy, such as wind, solar and hydro power, accounted for 17.5% of the energy mix in the European Union in 2017. “The...

Cyprus gets tough on passport-for-investment scheme

CYPRUS Theodoros Benakis -
Cyprus is making its controversial citizenship-for-investment scheme more “trustworthy” in response to the European Commission’s concerns that organised crime gangs are using it to...

Controversy over new EU money managers plan ahead of Brexit

EU INSTITUTIONS Theodoros Benakis -
A watered-down reform of regional supervision of money managers and other financial firms was backed by European Union member states on February 12. But...

EC welcomes the agreement on enhanced rules to fight terrorist financing

EU INSTITUTIONS Theodoros Benakis -
Today the European Parliament and the Council reached a political agreement on the Commission's proposal to facilitate cross-border access to financial information by law...

EU targets palm oil, but offers too many exemptions

ASIA Theodoros Benakis -
The European Commission on February 11 published its proposed criteria for determining what crops caused harm, following a law passed by the European Union...
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