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Since the adoption of the Memorandum of Understanding on regulatory cooperation, the European Union and the United Kingdom have organised three meetings for dialogue and cooperation on financial services regulation. The meetings focus on macroeconomic developments, banking and anti-money laundering, capital markets, and digital and sustainable finance.

Andrzej Domański, Minister of Finance of Poland, is participating in the ECON Committee in his capacity of President of the ECOFIN Council during the Polish Presidency January - June 2025). In accordance with the Treaty of the Union, “Member States shall regard their economic policies as a matter of common concern and shall coordinate them within the Council”.

The 2019 Unfair Trading Practices (UTP) Directive sought to address imbalances in bargaining power between suppliers and buyers of agricultural products. The directive was primarily aimed at protecting farmers, as a weaker party, selling their products to big supermarkets and food processing companies. However, experience has shown that the directive does not always provide a sufficient legal basis for mutual assistance in cross-border investigations. The Commission's proposal for a new regulation ...

The EU design legislative reform package includes two texts amending Council Regulation (EC) No 6/2002 (the Community Design Regulation) and, in parallel, recasting Directive 98/71/EC (the Design Directive) to align the design protection system in the EU with the digital age and make it more accessible and efficient for applicants. In terms of digitalisation, the update of the requirements for representing designs will allow applicants to file new digital design types (e.g. by using 3D printing technologies ...

The EU and Switzerland are important trading partners and close-minded partners in foreign affairs. They also have very strong ties through a range of bilateral agreements and Switzerland has been associated with several EU policies relating to the internal market, the Schengen agreement, the Dublin system for dealing with asylum claims and the EU's research and mobility programmes. Between 2014 and 2021, the EU and Switzerland negotiated an institutional framework agreement, which would have further ...

The free flow of capital within the EU is one of the single market's four fundamental freedoms. However, despite the removal of legal barriers to capital flow, significant technical barriers persist and the EU's capital markets remain fragmented. Defragmentation of the capital markets – also referred to as capital markets union (CMU) or savings and investment union – is essential for the conduct of EU monetary policy, a level playing field among EU companies, and optimal allocation of capital within ...

Competitiveness is a multifaceted concept connected with the need to foster the EU's productivity, the most important driver of long-term growth. While competitiveness has always been an important focus of attention for EU leaders, the past years of multiple crises and an increasingly complex geopolitical situation have brought the topic to the forefront of the political agenda. Turning the EU into a strong and independent global actor supported by a robust economic base, as well as competitive products ...

Often considered the 'cornerstone' of European integration, the single market now serves 449 million consumers and 31 million active companies, most of which are small and medium-sized enterprises (SMEs). It has delivered substantial economic benefits, ranging between 8 % and 9 % of European Union gross domestic product (GDP). Trade between Member States has risen steadily over the years, and today accounts for an estimated 56 million European jobs. The EU is among the largest trading blocs in the ...

The EU's new product safety rulebook contains obligations for economic operators (i.e. manufacturers, importers and distributors) which import products from third countries, as well as specific rules for online marketplaces. This legislation was signed into law on 10 May 2023 and will apply from 13 December 2024. During the October II part-session, Ϸվ will debate a statement from the Commission on product safety and unfair competition, with regard in particular to online imports from third ...

This analysis discusses specific issues regarding the proposal for a Directive on the transparency of third-country lobbying. It highlights complex questions in relation to civil society organisations and the need for uniform implementation and effective judicial protection. If designed and implemented well, the Directive could establish a transparent framework for foreign governments to engage in lobbying within the EU. This document was provided by the Policy Department for Economic, Scientific ...