At a glance: Parliament President Roberta Metsola welcomes ceasefire in Gaza as a turning point; the EU moves towards a greener future with circular economy measures; and the European capitals of excellence for 2025.

News in Brief – 17/01/2025 - English

Europe is experiencing a demographic shift like never before. By 2050, nearly one third of the EU’s population will be aged 65 and over. The EU’s ageing population will have profound implications across various areas, including healthcare, social welfare, the labour market and the economy. EU policies for older people focus on several key areas: active ageing, social inclusion, health and long-term care, and financial security. What the EU needs now is a comprehensive strategy for older persons.

Towards a European strategy for older persons

Electrification is gaining momentum across many sectors, including transport, buildings and industry, driven by the EU's climate ambition and security of supply. As the cost of renewable energy technologies like solar and wind continues to fall, electrification presents an opportunity to reshape the European economy, enhancing competitiveness and promoting sustainable growth.

EPRS Science and Technology podcast - What if electrification transformed the EU economy?

Digital trade has become a key element in the EU's trade policy. The EU is the world's largest exporter and importer of digitally deliverable services and has a strong market position. Therefore, the development towards more digital trade provides opportunities for European consumers, for the economy and for the EU’s green and digital transition. The key difference between digital trade and traditional trade is the prominence of cross-border data flows. However, certain data are considered 'sensitive' and require protection and/or specific processing conditions.

EPRS Policy Podcast - The EU's digital trade policy

Today: new rules to support a circular economy, the EU ban on greenwashing, and greener trucks and buses.

News in Brief – 16/02/2024 - English

The EU is an open economy, reliant on global supply chains to a higher extent than the US and China. At the same time, these complex chains are subject to increasing disruptions and uncertainties with many areas of fragility. De-risking Europe’s global critical supply chains (particularly in the context of relations with China), points towards a more nuanced way of ensuring Europe's ambitions for increased resilience and strategic autonomy. It can be achieved by increasing domestic production, greater autonomy in the critical raw materials, use of trade tools and cooperation on a global stage.

EPRS Policy podcast - Future shocks 2023: De-risking Europe's global critical supply chains

The single market is one of the most important achievements of European integration and one of its main drivers. Established on 1 January 1993, the single market allows goods, services, people and capital to move freely within the European Union. Since its creation, the single market has stimulated trade and increased the EU’s importance as a global trading partner. It makes life easier for citizens and boosts growth and competition by creating new opportunities for European businesses.

Thirty years of the European single market: achievements and future challenges

Nowadays, a wide range of key technologies across all industries, from chips to batteries, medical imaging to tanks, rely on the unique physical properties of some specific critical raw materials (CRMs). Demand for CRMs is projected to skyrocket in the coming years. However, as the transition to 'net-zero' and the digital age is particularly materials-intensive, it remains uncertain whether supply will keep up with the expected needs. The EU's ambition to become a climate-neutral economy by 2050, and its ability to sustain the green and digital transitions and achieve strategic autonomy, all rely heavily on reliable, secure and resilient access to CRMs.

Policy podcast : Securing Europe's supply of critical raw materials

The European Union's outermost regions (ORs) qualify for special treatment owing to structural difficulties – such as remoteness, difficult topography and economic dependence on a few products – that can severely hamper their development. In addition, the coronavirus pandemic has hit their economies particularly hard. While these regions are quite different from one another, they have levels of unemployment and GDP significantly worse than EU and national averages. Article 349 of the Treaty on the Functioning of the European Union provides for specific measures to support the ORs, including the tailored application of EU law and access to EU programmes.

EPRS policy podcast - Outermost regions of the EU

Culture plays a fundamental role in human life. It is also an essential source of identity, at local, regional, national and European levels, while making a significant contribution to the EU economy. EU cultural policy relates to cultural heritage, but also to the cultural and creative sector. The EU supports culture through a variety of initiatives, including the European Capitals of Culture scheme. A number of EU programmes also offer funding for cultural projects, for instance the Creative Europe programme, Horizon Europe and New European Bauhaus. As one of the sectors of the economy worst affected by the COVID-19 pandemic, the EU included culture in its coronavirus response investment initiatives and the REACT-EU programme aimed at dealing with the consequences of the pandemic. The European Parliament has called for increased support for culture as part of the post-pandemic recovery efforts.

EPRS policy podcast - Culture and regional development

SDG 14 on 'life below water' focuses on the sustainability of the oceans, recognising their essential role in life on our planet. Oceans contain 80 % of all life forms, produce more than 50 % of the Earth's oxygen and play a central role in regulating the climate. In addition, the 'blue economy' provides 4.5 million direct jobs in the EU. To manage maritime activities sustainably and cope with different environmental pressures, the EU has implemented a wide range of policies, such as the common fisheries policy, the marine strategy framework directive and the maritime spatial planning directive, as well as specific legislation related to marine litter. Other new initiatives under the European Green Deal also play an important role in relation to ocean governance and sustainable blue growth, such as the 2030 biodiversity strategy, the offshore renewable energy strategy, the 'Fit for 55' package and the new guidelines on aquaculture.

EPRS podcast - Policy: EU action on ocean governance and achieving SDG 14

The European Commission has announced 'right to repair' legislation, with the objective of cutting consumer costs and promoting a circular economy. 'Right to repair' legislation can refer to a variety of issues and circumstances: for example, the right to repair during the legal guarantee, the right to repair after the legal guarantee has expired, and the right for consumers to repair products themselves.

Right to Repair - English

On 17 November 2021, the European Commission tabled a proposal to revise EU rules governing shipments of waste. The proposed regulation aims at easing shipments of waste for reuse and recycling in the EU, to support the transition to a circular economy; ensuring that waste exported from the EU is managed in an environmentally sound manner in the destination countries; and stepping up enforcement to counteract illegal shipments of waste. While supporting the proposed streamlining and digitalisation of procedures, stakeholders have stressed the need for significant improvements to ensure that the new regulation fulfils its objectives, in particular as regards exports of waste.

EPRS policy podcast - Revision of the EU's Waste Shipment Regulation

The most serious risks are both complex and complicated. Multiple risks can also arise together. We have recent examples of risks that became reality, and that had an impact on society, economy and political life together. This strengthens the case for cross-sectoral monitoring and cross-sectoral strategies. In this podcast, we’ll give you an overview of the most serious risks facing the EU, from health and security ones, to climate change, energy and economic risks. Governance is key for facing future risks as a society. Effective governance needs to be holistic and strategic analytical capacity. So, risk monitoring should be conducted as part of a broader effort to develop strategic foresight and anticipatory governance.

EPRS policy podcast - Future shocks: Overview of risks for Europe in 2022 and beyond

Over the past decade, space has gained increasing importance as an economic sector offering opportunities for established and emerging markets. Space policies and their applications have also gained in political relevance due to their capacity to tackle global challenges, such as the climate and biodiversity crises, but also due to the growing reliance of the EU economy and society on space infrastructure, services and data. This briefing focuses on the state of play in regard to the EU's space economy, while also examining the EU's reliance on space services. Specifically, it highlights the relevance of the EU in the global space market and looks at the ways the EU could boost its use of space data and services to deliver on its main political priorities.

EPRS policy podcast - EU space policy: Boosting EU competitiveness and accelerating the twin ecological and digital transition

European industry is central when it comes to achieving the twin green and digital transition of the EU's economy and society, and making Europe the first climate-neutral continent by 2050. While European industry has strengths (for instance in green tech), it has lagged behind in some key strategic sectors. Common weaknesses in strategic European industrial sectors include high dependency on critical raw materials – for instance around half of the materials needed in aircraft production come from third countries. Other weaknesses are insufficient research and development funding, technology gaps, market fragmentation, underinvestment, and lack of skills. The pandemic has, meanwhile, highlighted the broader vulnerabilities of global supply chains. #FutureShocks2022

EPRS policy podcast - Future shocks: Establishing greater strategic autonomy for European industry

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The global economy is changing rapidly, requiring decisive action to safeguard and strengthen Europe's competitiveness, prosperity, and fairness, including in relation to other global actors. The recently-proposed&nbsp;Automotive Industry Plan, announced on 5 March 2025, it is intended to support the European automotive sector as it deals with high manufacturing costs, the low-carbon transition, and increased competition from China.&nbsp;

Parliament reviews recent Commission proposals to support the EU steel and metals industries, and the EU’s approach to other energy-intensive industries.The sector, which is critical for the EU's security of supply, is facing high energy costs and unfair global competition at a time when money is needed to pay for decarbonisation.

European competitiveness

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Cultural heritage plays an important role in the history and identity of Europe’s countries and indeed of the continent as a whole. It is a vital part of Europe’s economy and promoting cultural treasures will help to boost growth and employment.

The EU has made 2018 the European Year of Cultural Heritage to highlight the diversity, shared history and rich cultures that make Europe today. 
Throughout 2018, we will celebrate our diverse cultural heritage across Europe - at EU, national, regional and local level. The aim of the European Year of Cultural Heritage is to encourage more people to discover and engage with Europe's cultural heritage, and to reinforce a sense of belonging to a common European space. The slogan for the year is: Our heritage: where the past meets the future.
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Cultural Heritage

In March 2021, the European Commission adopted the Strategy for the rights of persons with disabilities 2021-2030. The Strategy builds on the results of the previous European Disability Strategy 2010-2020, which paved the way to a barrier-free Europe and to empower persons with disabilities so they can enjoy their rights and participate fully in society and economy.

Despite the progress made in the past decade, persons with disabilities still face considerable barriers and have a higher risk of poverty and social exclusion.

The objective of this Strategy is to progress towards ensuring that all persons with disabilities in Europe, regardless of their sex, racial or ethnic origin, religion or belief, age or sexual orientation enjoy their human rights, have equal opportunities, equal access to participate in society and economy, are able to decide where, how and with whom they live, move freely in the EU regardless of their support needs and no longer experience discrimination.

The EU and its Member States are committed to improving social and economic situation of disabled people building on the Charter of Fundamental Rights of the EU and on the Treaty on the Functioning of the EU. The European Union and all its Member States are party to the United Nations Convention on the Rights of Persons with Disabilities (UNCRPD).

European Disability Strategy

EP President Metsola made&nbsp;a statement at the opening of the February session, followed by a full debate on the emergency humanitarian aid the EU can provide to Türkiye and Syria after the catastrophic earthquake, which cost the lives of more than 30 000&nbsp;people and destroyed tens of thousands of buildings, leaving hundreds of thousands homeless.

Turkey has been candidate for EU membership since 1999. Accession negotiations started in 2005. In recent years the EU is often criticizing the backsliding of the country in certain areas. As a major emerging economy and a member of NATO and G20, Türkiye&nbsp;is recognised as an active regional foreign policy player, with a strategic location, including for the EU's energy security. Turkey is a key strategic partner of the EU on issues such as migration, security, counter-terrorism, and the economy, but according to the EU has been backsliding in the areas of democracy, rule of law and fundamental right.

EU - Türkiye

Since its creation in 1993, the single market has helped to make everyday life easier for people and businesses, fuelling jobs and growth across the EU. In 2023, the EU commemorated&nbsp;the 30th anniversary since its creation.&nbsp;

Three decades since its creation,&nbsp;&nbsp;MEPs called for renewed commitment and political will from member states and EU institutions, as well as a specific action plan for 2030 and beyond, in order to further strengthen and develop the single market, especially in areas such as services, energy, telecommunications and the digital single market.

The single market is generally considered to be the cornerstone of the EU economy and one of the greatest achievements of the European Union. Comprising nearly 450 million people and 20 million enterprises, it constitutes the largest integrated market in the world, worth €14 trillion in 2018.

The free movement of persons, goods, services and capital is the pillar on which the single market is built. The cross-border movement of the first three has been severely affected by the pandemic of Covid-19. Soon after its outbreak, the majority of Member States reintroduced internal border controls on grounds of an immediate threat to public health. These have been accompanied by restrictions or bans on international passenger transport and bans on entry and exit.&nbsp;

Single market

Climate change remains a key challenge. The EU and the European Parliament are working to ensure a more sustainable society and economy through ambitious policies at home and close cooperation with international partners. It is already on track to meet its greenhouse gas emissions reduction target for 2020, and has put forward a plan to further cut emissions by at least 55% by 2030.

By 2050, Europe aims to become the world’s first climate-neutral continent. Alongside reducing greenhouse gas emissions, the EU is also taking action to adapt to the impacts of climate change. By 2050, Europe aims to be a climate-resilient society. Climate action is at the heart of the European Green Deal – an ambitious package of measures ranging from drastically cutting greenhouse gas emissions, to investing in cutting-edge research and innovation, to preserving Europe’s natural environment.

Climate change

Portugal entered the European Economic Community on 1 January 1986, together with Spain. In the following years the economy of the Portugal progressed considerably as a result of the EU structural and cohesion funds.

On 1 December 2009, the Treaty of Lisbon, signed by European Member States on 13 December 2007 in the Jeronimos Monastery in Lisbon, entered into force. Portugal has 21 MEPs in the EP and has 12 votes in the European Council.

EU - Portugal

The problem of disinformation is globally recognised as disruptive to the normal functioning of democratic societies, economies and political systems. In recent years, ‘fake news’ and coordinated disinformation campaigns have an instrument of geopolitical influence.

They have afflicted elections in both established and new democracies, and undermined social and political solidarity in response to global challenges. It is with these and other instances in mind that the European Union (EU) identified ‘the exposure of citizens to large scale disinformation’ as ‘a major challenge for Europe’ in 2018, undertaking an increasingly ambitious programme of action to counter this evolving threat since. The outbreak of the coronavirus has led to disinformation that hampers efforts to contain the pandemic.

The World Health Organization (WHO) said false claims “are spreading faster than the virus” and has already termed it an “infodemic of planetary proportions”. The Russian aggression against Ukraine is also a source of many disinformation.&nbsp;

Special Committee for foreign interference in all democratic processes in the EU, including disinformation (INGE) was created in the European Parliament to tackle these challenges

Fight against disinformation

The European Union and the United States have the largest bilateral trade and investment relationship and enjoy the most integrated economic relationship in the world. EU and US investments are the real driver of the transatlantic relationship, contributing to growth and jobs on both sides of the Atlantic.

Although overtaken by China in 2021 as the largest EU import source for goods, the US remains the EU’s largest trade and investment partner by far. It is estimated that a third of the trade across the Atlantic actually consists of intra-company transfers.

The transatlantic relationship also defines the shape of the global economy as a whole. Either the EU or the US is the largest trade and investment partner for almost all other countries in the global economy. Taken together, the economies of both territories amount to more than 40% of world GDP and more than 40% of global trade in goods and services.

In June 2021 both entities agreed to take decisive steps to end the longest running dispute in the history of the World trade organisation: dispute on Large Civil Aircraft (also known as Airbus-Boeing dispute).

See more on the topic of EU-US trade relations by visiting our package for the 8th parliamentary term.

EU - US Trade relations

Economic Dialogues are held in order to enhance the dialogue between the EU institutions on the application of economic governance rules and with Member States, if appropriate, to ensure greater transparency and accountability.

Representatives of Member States, the European Commission, the President of the Council, the President of the European Council and the President of the Eurogroup can be invited to discuss economic and policy issues before the competent Committee of the European Parliament.

The European Semester is the framework for integrated surveillance and coordination of economic and employment policies across the EU. Since its introduction in 2011, it has become a well-established forum for discussing EU countries’ fiscal, economic and employment policy challenges under a common annual timeline. It's being adapted to take into account the creation of the Recovery and Resilience Facility. The implementation of Member States’ recovery and resilience plans will drive their reform and investment agenda for the years ahead. The European Semester, with its broader scope and multilateral surveillance, will usefully complement the implementation of the recovery and resilience plans.

During the last economic dialogue, on 7 February 2022, Valdis Dombrovskis, Executive Vice-President for An Economy that Works for People, and Paolo Gentiloni, Commissioner for Economy, debated with Members from the Committee on Economic and Monetary Affairs ECON the fiscal part of the Autumn Package of the 2022 European Semester and in particular overall assessment of the 2022 draft budgetary plans and policy guidance on the appropriate fiscal stance.

Economic Dialogue

The European Union and the United States have the largest bilateral trade and investment relationship and enjoy the most integrated economic relationship in the world. 

EU and US investments are the real driver of the transatlantic relationship, contributing to growth and jobs on both sides of the Atlantic. It is estimated that a third of the trade across the Atlantic actually consists of intra-company transfers. 
The transatlantic relationship also defines the shape of the global economy as a whole. Either the EU or the US is the largest trade and investment partner for almost all other countries in the global economy.

EU - US Trade relations - 8th parliamentary term

Launched in 1962, the EU’s common agricultural policy (CAP) is a partnership between agriculture and society, and between Europe and its farmers. It aims to: support farmers and improve agricultural productivity, ensuring a stable supply of affordable food; safeguard European Union farmers to make a reasonable living; help tackle climate change and the sustainable management of natural resources; maintain rural areas and landscapes across the EU; keep the rural economy alive by promoting jobs in farming, agri-food industries and associated sectors.

The CAP is a common policy for all EU countries. It is managed and funded at European level from the resources of the EU’s budget. CAP 2023-27 To consolidate the role of European agriculture for the future, the CAP has evolved over the years to meet changing economic circumstances and citizens’ requirements and needs.

The CAP 2023-27 entered into force on 1 January 2023.&nbsp;Support for farmers and rural stakeholders across the 27 EU countries is based on the CAP 2023-27 legal framework and the choices detailed in the&nbsp;CAP Strategic Plans, approved by the Commission. The approved Plans are designed to make a significant contribution to the ambitions of the&nbsp;European Green Deal,&nbsp;Farm to Fork Strategy&nbsp;and&nbsp;Biodiversity Strategy.

Common agricultural policy (CAP)

The EU has developed a policy to support the gradual integration of the Western Balkan countries with the Union. The EU aims to promote peace, stability and economic development in the region&nbsp;and open up the prospect of EU integration.

In order to apply for EU membership a country has to be European and respect the EU’s democratic values. It also needs stable institutions guaranteeing democracy and the rule of law; a functioning market economy; and the ability to take on and carry out the obligations of EU membership.

Parliament is fully involved in the Stabilisation and Association Process &nbsp;and must also consent to any new accession to the EU. In addition, through its budgetary powers, it has direct influence over the amounts allocated to the Instrument for Pre-accession Assistance. Parliament’s Committee on Foreign Affairs appoints standing rapporteurs for all candidate and potential candidate countries. Parliament expresses its positions on enlargement in the form of annual resolutions responding to the Commission’s latest annual country reports.

On 1&nbsp;July&nbsp;2013, Croatia became the first of the seven countries to join, and Montenegro, Serbia, the Republic of North Macedonia and Albania are official candidates. Accession negotiations and chapters have been opened with Montenegro and Serbia, and Bosnia and Herzegovina and Kosovo are potential candidate countries.

EU Enlargement - Western Balkans

Candidate countries include Montenegro, Albania, Serbia and the former Yugoslav Republic of Macedonia. Kosovo and Bosnia and Herzegovina are considered potential candidates.

In order to apply for EU membership a country has to be European and respect the EU’s democratic values. It also needs stable institutions guaranteeing democracy and the rule of law; a functioning market economy; and the ability to take on and carry out the obligations of EU membership.

EU Enlargement - Western Balkans (2019-2020)

Climate change and environmental degradation are an existential threat to Europe and the world. Therefore in December 2019 the Commission presented a communication on a European Green Deal that sets out a detailed vision to make Europe the first climate-neutral continent by 2050, safeguard biodiversity, establish a circular economy and eliminate pollution, while boosting the competitiveness of European industry and ensuring a just transition for the regions and workers affected.

Parliament has played an important role in pushing for more ambitious EU climate legislation and declared a climate emergency on 28 November 2019.&nbsp; The European Climate Law writes&nbsp;into law the goal to become climate neutral by 2050 and attain the intermediate target of reducing net greenhouse gas emissions by at least 55% by 2030 (compared to 1990 levels).&nbsp;After 2050 the EU will aim for negative emissions. In July&nbsp;2021 the European Commission presented its “Fit for 55 in 2030” package-the legislative tool to deliver on the targets agreed in the European Climate law.

The EP adopted the new Nature restoration law during its February plenary. The new law sets a target for the EU to restore at least 20% of the EU’s land and sea areas by 2030 and all ecosystems in need of restoration by 2050. The EU nature restoration law, agreed with member states, will restore degraded ecosystems in all member states, help achieve the EU’s climate and biodiversity objectives and enhance food security.

To reach the overall EU targets, member states must restore at least 30% of habitats covered by the new law (from forests, grasslands and wetlands to rivers, lakes and coral beds) from a poor to a good condition by 2030, increasing to 60% by 2040, and 90% by 2050. In line with Parliament’s position, EU countries should give priority to&nbsp;Natura 2000 areas&nbsp;until 2030. Once in a good condition, EU countries shall ensure an area does not significantly deteriorate. Member states will also have to adopt national restoration plans detailing how they intend to achieve these targets.

European Green Deal

Worldwide, forests are being lost at the alarming rate of 800 football fields per hour. With deforestation being a critical contributor to climate change and a leading cause of biodiversity loss, it is becoming increasingly clear that a sustainable future cannot be achieved without tackling deforestation and taking measures to protect- and sustainably manage forests.&nbsp; The UN Food and Agriculture Organization (FAO)&nbsp;estimates&nbsp;that 420 million hectares of forest — an area larger than the EU — were lost to deforestation between 1990 and 2020. It is estimated that&nbsp;EU consumption represents around 10% of global deforestation.

&nbsp;In October 2020, Parliament made use of its&nbsp;prerogative in the Treaty&nbsp;to ask the Commission to&nbsp;come forward with legislation to halt EU-driven global deforestation.

MEPs have already called for strengthening the overall climate benefits from forests and the forest-based value chain, namely CO2 absorption and carbon storage in wood-based products. Parliament also emphasises the need to increase funding for research into the substitution of fossil fuels and fossil-fuel materials. Forests and the entire forest-based value chain are fundamental to further develop of the circular bio-economy, which delivers important climate change mitigation and adaptation services.Parliament wants binding targets to protect and restore forest ecosystems, especially primary forests (those that have not been been affected by people's actions in recent times).

Forest protection

Parliament reviews recent Commission proposals to support the EU steel and metals industries, and the EU’s approach to other energy-intensive industries.

On Wednesday morning, MEPs hold an initial debate with the European Commission on its new action plan to transition to a competitive and decarbonised steel and metals industry in Europe. The sector, which is critical for the EU's security of supply, is facing high energy costs and unfair global competition at a time when money is needed to pay for decarbonisation.

Energy-intensive industries

In a separate debate on Wednesday, MEPs are set to highlight the crucial role energy-intensive industries, such as chemicals, steel, paper, cement and glass, play in the EU economy.

In a draft resolution on which MEPs vote on Wednesday, they propose faster permit-granting processes for clean energy projects and the swift implementation of electricity market design legislation, to lower energy costs, improve energy system integration and increase investment in grid infrastructure. Simplifying administrative procedures and securing the availability of critical and secondary raw materials are essential, the draft text says, to attract private investment and support decarbonisation.

EP Plenary debate on EU steel support and the role of energy intensive industries

The Committee on Economic and Monetary Affairs holds its regular debate with European Central Bank (ECB) President Christine Lagarde. MEPs are likely to question her on the US shift to protectionism and its impact on the euro area economy, and on the recent decision to lower interest rates, among other issues

ECON: Monetary Dialogue with Christine LAGARDE, ECB President

Four women fighting for freedom, peace and justice in their home countries – from Belarus, leader of the country's democratic forces Sviatlana Tsikhanouskaya, and Palina Sharenda Panasiuk; and Lenie Umerova and Tata Kepler from Ukraine – have all been invited to address plenary., Sviatlana Tsikhanouskaya, leader of Belarus’ democratic forces, 

will speak to MEPs at a solemn session on Tuesday at noon. 

In the early afternoon, MEPs and Council and Commission representatives will debate the Commission’s “Roadmap for Women’s Rights” (expected to be adopted by the Commission on Friday 7 March). The discussion is expected to focus on the EU’s role in safeguarding and advancing women’s rights and the principles and measures outlined in the Roadmap. Key issues will include the implementation of EU legislation, such as the first ever EU rules to combat violence against women, the rules on improving gender balance on corporate boards, and binding pay transparency measures. MEPs are also likely to discuss the need for women’s equal participation in the economy and society, including in politics, and the impact of shifting political dynamics on women’s rights and gender equality.

International Women's Day Celebration

EU leaders are meeting for a special summit to discuss continued support for Ukraine and European defence and exchange views on European contributions to the necessary security guarantees required to ensure a lasting peace in Ukraine.

The President of Ukraine, Volodymyr Zelenskyy, is invited to the meeting.

Since the start of Russia’s military aggression, the EU and its member states have provided nearly €135 billion in support for Ukraine and its people, including €48.7 billion to support the Ukrainian armed forces.

The EU has also adopted unprecedented sanctions against Russia: the latest sanctions, adopted on 24 February 2025, target vital areas of the Russian economy, including banking, Putin’s shadow fleet and goods and technologies in the industrial and energy sectors.

More info: https://www.consilium.europa.eu/en/meetings/european-council/2025/03/06/

Special European Council

ECB President Christine Lagarde will brief MEPs on the state of European and global economic affairs and the European Central Bank’s activities, followed by a debate with MEPs. On Tuesday, MEPs will adopt their annual set of recommendations for the ECB on which issues it should prioritise.

Debate on the state of the EU economy and ECB activities with Christine Lagarde

Valdis Dombrovskis was Executive Vice-President of the European Commission in charge of an Economy that works for People, and Commissioner for Trade in the von der Leyen Commission I. He was also Vice-President of the EC in charge of the Euro and Social Dialogue, and in charge of Financial Stability, Financial Services and Capital Markets Union in the Juncker Commission and he is a former Member of the EP. He is now European Commissioner-designate for Economy and Productivity, and European Commissioner-designate for Implementation and Simplification, for the von der Leyen Commission II.

Confirmation hearing of Valdis DOMBROVSKIS, Commisioner-designate for Economy and Productivity Implementation and Simplification

Jessika Roswall was Swedish Minister for EU Affairs since 2022. She is now European Commissioner-designate for Environment, Water Resilience and a Competitive Circular Economy, for the von der Leyen Commission II.

Confirmation hearing of Jessika ROSWALL, Commissioner-designate, Environment, Water Resilience and a Competitive Circular Economy

On Thursday MEPs debate how droughts and extreme weather events pose significant threats to local communities and EU agriculture amid climate change. Increasingly frequent and severe droughts are straining water resources, impacting crop yields, and threatening food security across Europe. Extreme weather events, such as heatwaves and heavy rainfall, further exacerbate these challenges by causing crop failures, soil erosion, and damage to infrastructure.

Addressing these issues is essential not only for protecting the livelihoods of communities dependent on farming and rural economies but also for safeguarding agricultural productivity.

Droughts and extreme weather events as a threat to local communities and EU agriculture in times of climate change

ENVI - Exchange of views with Jessika Roswall, Commissioner responsible for Environment, Water Resilience and a Competitive Circular Economy, as part of the structured dialogue

With fast fashion, the quantity of clothes produced and thrown away has boomed. Find out more about the environmental impact and what the EU is doing about it.

Fast fashion is the constant provision of new styles at very low prices.

To tackle the impact on the environment, the EU wants to reduce textile waste and increase the life cycle and recycling of textiles. This is part of the plan to achieve a circular economy by 2050.

The impact of textile production and waste on the environment

Every year 2.2 billion tonnes of waste are generated in the EU. More than a quarter of it (27%) is municipal waste: everyday waste collected and treated by municipalities, which is mainly generated by households. Data shows that the amount of waste and the way it is managed varies a lot across EU countries, but there has been a shift to more recycling and less landfilling.

To reduce waste and its impact on the environment, the EU has adopted ambitious targets on recycling and landfill and is working on packaging waste. The goal is to promote the shift towards a more sustainable model known as the circular economy.

Waste management in the EU: infographic with facts and figures

EPRS online policy roundtable - Long-term trends, vulnerabilities, reform agenda: How resilient is China’s economy?

Opening of the sitting

Presentation of the programme of activities of the Czech Presidency (debate)

Negotiations ahead of Parliament’s first reading (Rule 71)(action taken)

Presentation of the programme of activities of the Czech Presidency (continuation of debate)

Composition of committees and delegations

Conclusions of the European Council meeting of 23-24 June 2022 (debate)

Welcome

Conclusions of the European Council meeting of 23-24 June 2022 (continuation of debate)

Voting time 

The UK government’s unilateral introduction of the Northern Ireland Protocol Bill and respect for international law (debate)

Facilitating export of Ukrainian agricultural products: key for Ukrainian economy and global food security (debate)

Resumption of the sitting

Approval of the minutes of the previous sitting

The Three Seas Initiative: challenges and opportunities (topical debate)

Financial activities of the European Investment Bank – annual report 2021 - Control of the financial activities of the European Investment Bank – annual report 2020 (debate)

The relations of the Russian government and diplomatic network with parties of extremist, populist, anti-European and certain other European political parties in the context of the war (debate)

Taxing windfall profits of energy companies (debate)

The Post-Cotonou Agreement (debate)

Protection of the EU’s financial interests – combating fraud – annual report 2020 (debate)

The arrest of Cardinal Zen and the trustees of the 612 relief fund in Hong Kong

The situation of indigenous and environmental defenders in Brazil, including the killing of Dom Philips and Bruno Pereira

The situation in Tajikistan’s Gorno-Badakhshan Autonomous Province

Explanations of vote

Agenda of the next sitting

Closure of the sitting

Plenary session

Common European action on care (debate)

Mental health in the digital world of work (debate)

This is Europe - Debate with the Prime Minister of Greece, Kyriakos Mitsotakis (debate)

Voting time

EU initiatives to address the rising cost of living, including the implementation of the European Pillar of Social Rights (debate)

EU action plan for the social economy (debate)

Approval of the minutes of the previous sitting : see Minutes

Question Time (Commission) Increasing EU ambitions on biodiversity ahead of COP 15

Objection pursuant to Rule 111(3): Amending the Taxonomy Climate Delegated Act and the Taxonomy Disclosures Delegated Act (debate)

2021 Report on Bosnia and Herzegovina (debate)

2021 Report on Serbia (debate) (debate)

2021 Report on Kosovo (debate)

The EU and the defence of multilateralism (debate)

9th Innovation day 2022 - INCREASING RESILIENCE OF EU's ECONOMY AND SOCIETY TO COPE WITH CLIMATE CHANGE

9th Innovation day 2022 - ECONOMY & INDUSTRY

Green Tech Talk: new digital economy for workers, consumers & the environment

Press conference by Esther de LANGE, Group Vice Chairwoman responsible for Economy and Environment, Peter LIESE, Group Spokesman in the Environment committee committee and Christian EHLER PP Group’s Spokesman in Industry Committee on the EPP Group's ...

Tribute

Negotiations ahead of Parliament’s first reading (Rule 71)

Delegated acts (Rule 111(6))

Signing of acts adopted in accordance with the ordinary legislative procedure (Rule 79): see Minutes

Order of business

Election of the Members of the European Parliament by direct universal suffrage (debate)

Amending Annexes IV and V to Regulation (EU) 2019/1021 on persistent organic pollutants (debate)

EU action plan for organic agriculture (debate)

Persecution of minorities on the grounds of belief or religion (short presentation)

EU strategy to promote education for children in the world (short presentation)

Reaching women's economic independence through entrepreneurship and self-employment (short presentation)

A sustainable blue economy in the EU: the role of fisheries and aquaculture (short presentation)

One-minute speeches on matters of political importance

Stronger economy, social justice and jobs

Climate change and the environment

EU in the world

Digital transformation

Closing of the Conference Plenary meeting

Conference on the Future of Europe - Plenary  (with Metadata)

Conference on the Future of Europe - Plenary - Stronger economy, social justice and jobs

Conference on the Future of Europe - workgroup: A stronger economy, social justice and jobs

Press conference by Angelika NIEBLER, rapporteur on the Data Governance Act - EU initiatives towards a European Data Economy

Conference on the Future of Europe - Plenary II : Panel 1, Stronger economy, Social justice and jobs, Education and culture, Digital transformation

Conference on the Future of Europe - Plenary 3: Stronger economy, social justice and jobs

JURI - Exchange of views with Valdis Dombrovskis, Commissioner for Economy and Productivity, Implementation and Simplification

Roberta METSOLA, EP President meets with Omar PAGANINI, Minister for Foreign Affairs of Uruguay and Azucena ARBELECHE, Minister of Economy and Finance of Uruguay

TRAN - Presentation of a study on the Role of the Longevity Economy in the tourism

Official visit by Roberta METSOLA, EP President to Madrid (Spain) - Participation in the Forum Europa Award Ceremony of the Nueva Economía Forum

ECON JURI - Confirmation hearing of Valdis DOMBROVSKIS, European Commissioner-designate for Economy and Productivity, Implementation and Simplification.- Press point

ECON JURI - Confirmation hearing of Valdis DOMBROVSKIS, European Commissioner-designate for Economy and Productivity, Implementation and Simplification

ENVI - Confirmation hearing of Jessika ROSWALL, European Commissioner-designate for Environment, Water Resilience and a Competitive Circular Economy - Press point

ENVI - Confirmation hearing of Jessika ROSWALL, European Commissioner-designate for Environment, Water Resilience and a Competitive Circular Economy

ENVI Committee - Exchange of views with Dr Anikó Raisz, Secretary of State for Environmental Affairs and Circular Economy, Ministry of Energy, Hungarian Council Presidency

Press conference on the Final vote on the right to repair

EP Plenary session - Common rules promoting the repair of goods

EP Plenary session - Data collection and sharing relating to short-term accommodation rental services

EP Plenary session - Rule 162 - Regaining our competitive edge - a prosperous EU in a fragmented global economy

EP Plenary session - Topical debate - Quality jobs in a competitive future-oriented Social Market economy

EP Plenary session - Empowering consumers for the green transition

EPRS Book Talk - Capitalism Reconnected - Towards a Sustainable, Inclusive and Innovative Market Economy in Europe

Press conference on the gas and hydrogen markets directive

MEPs evaluate the outcome of the 20 March European Council in a plenary debate with Presidents António Costa and Ursula von der Leyen in Strasbourg. MEPs emphasize the need for EU strategic autonomy in response to US tariffs, advocating for a simplified market economy by cutting red tape. However, some caution that economic reforms should not come at the expense of the Green Deal’s goals. This news item shows extracts from the statements of MEPs and atmosphere shots of the Chamber.

Conclusions of the European Council meeting of 20 March 2025: extracts from the debate

Roberta METSOLA, EP President, participates at the European Council meeting (20/03): Doorstep. Addressing the European Council today in Brussels, President of the European Parliament Roberta Metsola highlighted the following topics: Ukraine, economy and MFF.

Doorstep by Roberta METSOLA, President of the European Parliament

The Committee on Economic and Monetary Affairs (ECON) holds its regular debate with European Central Bank (ECB) President Christine LAGARDE. MEPs question her on the US shift to protectionism and its impact on the euro area economy, and on the recent decision to lower interest rates, among other issues

Monetary Dialogue with Christine LAGARDE, President of the European Central Bank: ﻿extracts from the Committee on Economic and Monetary Affairs meeting

The Committee on Economic and Monetary Affairs (ECON) holds its regular debate with European Central Bank (ECB) President Christine LAGARDE. MEPs question her on the US shift to protectionism and its impact on the euro area economy, and on the recent decision to lower interest rates, among other issues. This transcription is a result of an automatic process. Please check against delivery.

Monetary Dialogue with Christine LAGARDE, President of the European Central Bank: opening statements by Aurore LALUCQ (S&D, FR), Chair of ECON Committee, and Christine LAGARDE

Members of the European Parliament discuss the state of Europe’s economy with Christine Lagarde, President of the European Central Bank (ECB) and Maria Luís Albuquerque, Commissioner for Financial Services and the Savings and Investment Union, on how to improve competitiveness and the role monetary policy can play in achieving this. Closing statement by Maria Luís ALBUQUERQUE, European Commissioner for Financial Services and the Savings and Investment Union, Christine LAGARDE, President of the European Central Bank (ECB) and Anouk VAN BRUG (Renew, NL) Rapporteur

ECB – annual report 2024 in the presence of Christine LAGARDE, President of the ECB: Closing statement by Maria Luís ALBUQUERQUE, European Commissioner, Christine LAGARDE, President of the European Central Bank (ECB) and Anouk VAN BRUG, Rapporteur

Members of the European Parliament discuss the state of Europe’s economy with Christine Lagarde, President of the European Central Bank (ECB) and Maria Luís Albuquerque, Commissioner for Financial Services and the Savings and Investment Union, on how to improve competitiveness and the role monetary policy can play in achieving this. MEPs debate.

European Central Bank – annual report 2024 in the presence of Christine LAGARDE, President of the ECB: MEPs debate

Members of the European Parliament discuss the state of Europe’s economy with Christine Lagarde, President of the European Central Bank (ECB) and Maria Luís Albuquerque, Commissioner for Financial Services and the Savings and Investment Union on how to improve competitiveness and the role monetary policy can play in achieving this. Opening statement by Anouk VAN BRUG (Renew, NL) Rapporteur, Christine LAGARDE, President of the European Central Bank (ECB) and Maria Luís ALBUQUERQUE, European Commissioner for Financial Services and the Savings and Investment Union. This transcription is a result of an automatic process. Please check against delivery.

ECB – annual report 2024 in the presence of Christine LAGARDE, President of the ECB: Opening statement by Anouk VAN BRUG, Rapporteur, Christine LAGARDE, President of the European Central Bank and Maria Luís ALBUQUERQUE, European Commissioner

This news item focuses on the plenary debate around the programme of Poland's Council Presidency, which began on 1st January. This debate follows up on the presentation of the priorities delivered by the Polish Prime Minister, Donald TUSK. The Polish government has stated that its second EU Presidency comes “at a time of uncertainty and concern” with regard to the consequences of Russia’s three-year-long war against Ukraine, rising geopolitical tensions, migration pressure and declining European competitiveness. Poland’s objective is to strengthen European security in all dimensions, including protection of both external and internal borders, economy, energy, food and health. This transcription is a result of an automatic process. Please check against delivery.

Presentation of the programme of activities of the Polish Presidency with Donald TUSK, Polish Prime Minister: arrival, meeting with Roberta METSOLA, EP President and extracts from the debate

Before the start of the European Council meeting on 19th December 2024, European People Party (EPP) leaders meet in the Sofitel Hotel in Place Jourdan, in Brussels. Leaders discuss their priorities on migration, security and economy in the context of war in Ukraine, tensions in Georgia, fall of the Assad regime in Syria and a few weeks before Donald Trump takes office in the White House.

EPP leaders meet ahead of the European Council meeting: arrivals and doorsteps

Before the start of the European Council meeting on 19th December 2024, Renew Europe leaders meet at Palais d'Egmont, in Brussels. Leaders discuss their priorities on migration, security and economy in the context of war in Ukraine, tensions in Georgia, fall of the Assad regime in Syria and a few weeks before Donald Trump takes office in the White House.

Renew Europe leaders meet ahead of the European Council meeting: arrivals and doorsteps

MEPs review the results of the summit where world leaders discussed the incoming US administration, Israel’s war on Gaza and the war in Ukraine, among other topics. Leaders from the world’s twenty largest economies (G20) gathered in Rio de Janeiro, Brazil on 18/19 November to discuss the world’s most pressing challenges. The focus of the summit was social inclusion, global governance reform, energy transitions and climate action as well as the international economic and political situation. Together, the G20 accounts for around 85% of world GDP. It consists of 19 countries and two regional bodies, the EU included. Closing statement by Margaritis SCHINAS, Vice-President of the European Commission in charge of promoting our European Way of Life

Outcome of the G20 Leaders' Summit: Closing statement by Margaritis SCHINAS, Vice-President of the European Commission in charge of promoting our European Way of Life

MEPs review the results of the summit where world leaders discussed the incoming US administration, Israel’s war on Gaza and the war in Ukraine, among other topics. Leaders from the world’s twenty largest economies (G20) gathered in Rio de Janeiro, Brazil on 18/19 November to discuss the world’s most pressing challenges. The focus of the summit was social inclusion, global governance reform, energy transitions and climate action as well as the international economic and political situation. Together, the G20 accounts for around 85% of world GDP. It consists of 19 countries and two regional bodies, the EU included. MEPs debate.

Outcome of the G20 Leaders' Summit: MEPs debate

MEPs review the results of the summit where world leaders discussed the incoming US administration, Israel’s war on Gaza and the war in Ukraine, among other topics. Leaders from the world’s twenty largest economies (G20) gathered in Rio de Janeiro, Brazil on 18/19 November to discuss the world’s most pressing challenges. The focus of the summit was social inclusion, global governance reform, energy transitions and climate action as well as the international economic and political situation. Together, the G20 accounts for around 85% of world GDP. It consists of 19 countries and two regional bodies, the EU included. Opening statement by Margaritis SCHINAS, Vice-President of the European Commission in charge of promoting our European Way of Life. This transcription is a result of an automatic process. Please check against delivery.

Outcome of the G20 Leaders' Summit: Opening statement by Margaritis SCHINAS, Vice-President of the European Commission in charge of promoting our European Way of Life

Valdis DOMBROVSKIS, Commissioner-designate, Economy and Productivity, Implementation and Simplification, of the VON DER LEYEN Commission, speaks to the press after he was heard by the Committee on Economic and Monetary Affairs (ECON) and Committee on Legal Affairs (JURI) of the European Parliament. This transcription is a result of an automatic process. Please check against delivery.

Press point by Valdis DOMBROVSKIS, Commissioner-designate, Economy and Productivity, Implementation and Simplification

Aurore LALUCQ (S&D, FR), ECON Chair, and Ilhan KYUCHYUK (Renew, BG), JURI Chair speak first to the press, after the hearing of Valdis DOMBROVSKIS, Commissioner-designate, Economy and Productivity, Implementation and Simplification, of the VON DER LEYEN Commission, by the Committee on Economic and Monetary Affairs (ECON) and Committee on Legal Affairs (JURI) of the European Parliament. This transcription is a result of an automatic process. Please check against delivery.

Press point by Aurore LALUCQ (S&D, FR), Chair of the Committee on Economic and Monetary Affairs (ECON), Ilhan KYUCHYUK (Renew, BG), Chair of Committee on Legal Affairs (JURI)

Valdis DOMBROVSKIS, Commissioner-designate, Economy and Productivity, Implementation and Simplification, of the VON DER LEYEN Commission is heard by the Committee on Economic and Monetary Affairs (ECON) and Committee on Legal Affairs (JURI) of the European Parliament. Committee on Budgets (BUDG), Committee on Constitutional Affairs (AFCO), Committee on Employment and Social Affairs (EMPL), Committee on the Internal Market and Consumer Protection (IMCO), and Subcommittee on Tax Matters (FISC) participate as joint committees. At the end of the confirmation hearing, Valdis DOMBROVSKIS makes a closing statement followed by the one from the Committee Chair. This transcription is a result of an automatic process. Please check against delivery.

Confirmation hearing of Valdis DOMBROVSKIS, Commissioner-designate, Economy and Productivity, Implementation and Simplification: closing statement by Commissioner-designate, Aurore LALUCQ (S&D, FR), ECON Chair, Ilhan KYUCHYUK (Renew, BG), JURI Chair

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