EAPB members welcome the efforts of the EU to boost defence cooperation on a European scale in R&D, infrastructure and industrial capacity building, among other areas. Years of underinvestment in defence resulted into both capability and industrial gaps within the EU. We also welcome the enhanced role of the EIB to support defence.
DownloadEuropean promotional banks carry out targeted promotional measures on behalf of their owners – central and regional governments and municipalities. National, regional, and often additional European funding is used for this purpose. European state aid rules are of essential importance in this context. Against this background, we would like to make a few suggestions and point out some significant shortcomings in the context of the consultation on the revision of the rescue and restructuring guidelines for companies in difficulty. Our primary concern is the definition of undertakings in difficulty (UiD), which should reflect economic reality and be simplified.
DownloadEAPB highly welcomes the draft for a revised Decision of Services of General Economic Interest (SGEI) which would provide deeply needed clarity and legal certainty to schemes to support affordable housing. Generally, the proposed amendments provide legal clarity on the possibility to support affordable housing and would help EAPB members to increase their support activities to households in need of housing at affordable conditions.
DownloadClarity is essential to realise the simplification objectives of the Omnibus I initiative on Sustainability and support the competitiveness of financial institutions in the EU. The lack of legal certainty on which Taxonomy reporting rules can be applied is presently undermining the Commission’s simplification and burden relief aims in practice.
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