Aviation industry declares commitment to future Clean Aviation partnership

Twenty-three Aeronautics Industry leaders, Research Organisations and University Associations across Europe signed today a Joint Declaration of European Aviation Research Stakeholders Related to Clean Aviation in Horizon Europe, to express their strong commitment to a future European partnership that can lead the way towards a deep decarbonisation of aviation by 2050. The partnership should build […]

Euro area bank interest rate statistics: May 2019

The composite cost-of-borrowing indicator for new loans to corporations[1] decreased by 5 basis points from the previous month to 1.57% in May 2019, mainly driven by the interest rate effect. • The composite cost-of-borrowing indicator for new loans to households for house purchase[2] remained broadly unchanged at 1.73% in May 2019. • In the same […]

Euro money market statistics: third maintenance period 2019

Daily average borrowing turnover in the unsecured segment slightly decreased from €127 billion in the second maintenance period of 2019 to €126 billion in the third maintenance period Weighted average overnight rate on borrowing transactions in the unsecured segment remained unchanged at -0.42% for the wholesale sector and decreased from -0.40% to -0.45% for the interbank sector […]

EIOPA consults on guidelines on outsourcing to cloud service providers

Today, the European Insurance and Occupational Pension Authority (EIOPA) launched a consultation on guidelines on outsourcing to cloud service providers. These guidelines shall provide guidance to market participants on how the outsourcing provisions set forth in the Directive 2009/138/EC, in the Commission’s Delegated Regulation 2015/35 and in EIOPA’s Guidelines on System of Governance need to be applied in […]

Monetary developments in the euro area: May 2019

Annual growth rate of broad monetary aggregate M3 stood at 4.8% in May 2019, after 4.7% in April 2019 Annual growth rate of narrower monetary aggregate M1, comprising currency in circulation and overnight deposits, decreased to 7.2% in May from 7.4% in April Annual growth rate of adjusted loans to households stood at 3.3% in May, unchanged from previous month […]

Report on pesticide residues in food; Phosphates; Crowdsourcing challenge; Bee health award

The latest edition of the annual EU report on pesticide residues in food is now available. Just under 96% of food samples were found to be free of pesticide residues or to contain traces that fall within legally permitted levels. EFSA analysed the results of around 88,000 samples collected from the 28 EU Member States plus Iceland […]