February 2017

"La lettre B" l'essentiel de l'actualité économique et financière européenne décryptée

“La lettre B” N° 2 – February 2017

Roaming

END OF ROAMING CHARGES: AGREEMENT ON WHOLESALE PRICES

The last step on the end of roaming charges – foreseen by 15 June 2017 – is taken. Representatives of the European Parliament, the Council and the Commission finally agreed on how to regulate the wholesale roaming markets, e.g. the prices operators will charge among them when customers will use another network in the EU.

Commissioner Ansip confirms that “This was the last piece of the puzzle. As of 15 June, Europeans will be able to travel in the EU without roaming charges.” He also thanked the EP rapporteur Miapetra Kumpula-Natri and all the negotiators as “Their efforts made it happen”. Read More→

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Competition

COMMISSION FINES THE CAR BATTERY RECYCLING CARTEL

Campine, Eco-Bat Technologies and Recylex were fined a total of €68 million for fixing prices for purchasing scrap automotive batteries, in breach of EU antitrust rules.

A fourth company, Johnson Controls, was not fined because it revealed the existence of the cartel to the Commission.

Competition Commissioner Vestager, underlined that “Well functioning markets can help us reduce waste and support the circular economy. Therefore, we do not tolerate behavior that undermines competition. The four companies fined today have colluded to maximize their profits made from recycling scrap batteries, reducing competition in this essential link of the recycling chain.” Read More→

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Energie

444 MILLIONS D’INVESTISSEMENT DANS LES INFRASTRUCTURES ENERGETIQUES CLES

Les États membres viennent d’approuver la proposition d’investissement de la Commission sur 18 projets qui concernent les domaines de l’électricité, du gaz et des réseaux intelligents et contribueront à atteindre les objectifs de l’union de l’énergie en interconnectant les réseaux énergétiques européens, en renforçant la sécurité de l’approvisionnement et en contribuant au développement durable par l’intégration de sources d’énergie renouvelables dans l’ensemble de l’UE. Read More→

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Anti-fraud

HERCULE III GETS BUDGET BOOST

X-ray scanners enabling Irish customs officials to seize cigarettes, counterfeit products, drugs and weapons and sniffer dogs, helping Greek customs uncover more than 250 million illegal cigarettes, are just some of the Hercule-funded projects that show that small initiatives can deliver large benefits in the protection of European Union’s financial interests.

Hercule is a financial programme dedicated to fighting fraud, corruption and any other illegal activities affecting the financial interests of the EU, managed by the European Anti-Fraud Office (OLAF). Read More→