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Public financing of enterprises, which has been on the rise globally, can have a distortive effect on competitive markets. In response to this trend, in May 2021 the European Commission published a proposal for a regulation to tackle foreign subsidies with a distortive effect on the EU single market. It would enable the Commission to investigate subsidies granted by non-EU public authorities to companies operating on the single market, and to apply countervailing measures, should these subsidies ...

Foreign state financing of companies can have distortive effects on the single market. In its first November plenary session, the Parliament will vote on the provisional agreement, reached in trilogue negotiations, on a proposed regulation to tackle such distortive foreign subsidies. Under the regulation, companies would need to notify subsidies granted by non-EU public authorities in areas of mergers and acquisitions and bids in big public procurements, and the Commission would have the right to ...

The EU-India Summit held in July 2020 agreed to establish a regular high-level dialogue at ministerial level on bilateral trade and investment relations. In this way, the EU and India expressed a clear political will to work together to overcome issues that have hampered their trade relations in recent years and impeded advances towards a bilateral trade and investment agreement – where negotiations have been stalled since 2013 – and achievement of the potential of economic relations between the ...

The free movement of capital is not only the most recent of all Treaty freedoms, but — because of its unique third-country dimension — also the broadest. The liberalisation of capital flows progressed gradually. Since the Maastricht Treaty, all restrictions on capital movements and payments have been removed, both between Member States and with third countries. The principle has direct effect, i.e. it requires no further legislation at either EU or Member State level.

Freezing assets is an EU competence; recovering them, on the other hand, is a competence of the Member States. For the EU, recovering the assets of the ousted Tunisian and Egyptian regimes is an issue of political commitment and credibility, with the Union's reputation in Arab Spring countries partly at stake. The United Nations Convention against Corruption (in force since 2005) makes clear that recovering assets is a priority in a coordinated international fight against corruption. There exists ...