Today, the European Commission has registered a European Citizens’ Initiative (ECI), entitled ‘Ethics, Transparency and Integrity for European Political Parties’.
The initiative invites the Commission to ‘devise a European model of ethical governance based on transparency, integrity and shared responsibility’. To this end, the organisers call for the Commission to ‘propose a legislative act amending and tightening up’ the EU Regulation ‘on European political parties and European political foundations and introducing stricter requirements’ in relation to conflicts of interest, transparency, decision-making, unethical conduct and funding.
As this initiative fulfils the formal conditions established in the relevant legislation, the Commission considers it legally admissible under the European Citizens’ Initiative Regulation. The Commission has not analysed the substance of the proposals at this stage. The registration does not influence the Commission’s final decision on its merits, or any potential action it may take. The Commission will take a decision on the initiative only if it collects at least one million signatures from EU citizens.
Next steps
Following today’s registration, the organisers have six months to open the 12-month period of signature collection. If an ECI receives at least one million statements of support during that time, with minimum thresholds reached in at least seven Member States, the Commission is required to react, and decide what, if any, action it will take in response to the initiative, justifying its decision.
Background
The ECI was introduced with the Lisbon Treaty as an agenda-setting tool for citizens. It was officially launched in April 2012. Once formally registered, a European Citizens’ Initiative allows one million citizens from at least seven EU Member States to invite the European Commission to propose legal acts in areas where it has the power to act. The conditions for admissibility are: (1) the proposed action does not manifestly fall outside the framework of the Commission’s powers to submit a legal proposal, (2) it is not manifestly abusive, frivolous or vexatious and (3) it is not manifestly contrary to the values of the Union.
Since the introduction of the European Citizens’ Initiative, the Commission has registered 125 initiatives.
The content of the initiatives only expresses the views of the organisers and can in no way be taken to reflect the views of the Commission.
For more information
‘Ethics, Transparency and Integrity for European Political Parties’
ECI statistics
ECIs currently collecting signatures
European Citizens’ Initiative Forum
#EUTakeTheInitiative campaign
Commission extends SATA and TAP State aid divestment conditions deadlines
The European Commission has extended the deadlines for SATA and TAP to complete the divestments of assets that were conditions for restructuring aid granted by the Portuguese government.
Upon Portugal’s request, the Commission agreed to an extension until 31 December 2026 of the deadline for SATA to divest a majority shareholding (51%) of Azores Airlines and the carve-out and sale of its ground handling business unit. These divestments are conditions for the approval of the restructuring aid granted by Portugal to SATA in June 2022. For TAP, the Commission extended the deadline for the divestment of its shareholding in SPdH and Cateringpor to 30 June 2026. This divestment is a condition for the approval of the restructuring aid granted by Portugal to TAP in December 2021.
To limit the negative effects of the extension of the deadline on competition, Portugal has offered to correspondingly reduce the aid amount and to prolong measures to ensure competition until the full divestment of the assets.
The non-confidential versions of the decisions will be made available under the case numbers SA.62043 and SA.60165 in the State aid register on the Commission’s competition website once any confidentiality issues have been resolved.
(For more information: Ricardo Cardoso – Tel.: +32 2 298 01 00; Luuk de Klein – Tel.: +32 229 94774)
Commission clears creation of joint venture by Sumitomo Mitsui Financial Group and Jefferies
The European Commission has approved, under the EU Merger Regulation, the creation of a joint venture by Sumitomo Mitsui Financial Group (‘SMFG’) of Japan and Jefferies Financial Group Inc. (‘Jefferies’) of the US.
The transaction relates primarily to Japanese investment banking equity-related services.
The Commission concluded that the notified transaction would not raise competition concerns, given the limited impact on the European Economic Area. The notified transaction was examined under the simplified merger review procedure.