💪 A resilient banking sector for a stronger economy.
Implementing the #Basel3 agreement will make the EU financial sector more stable while taking also into account important new developments, like #SustainableFinanceEU.
🙌 Today, we adopted a review of EU banking rules.
#Basel3 Implementation: Strengthening the resilience of the banking sector across the EU means a more secure economic and financial system.
📑Our new legislative proposals ensure an alignment of the EU rules on capital requirements with international standards.
#COVID19 is a reminder of the importance of having a resilient banking system. The adoption of the #Basel3 framework will help banks continue standing strong in future crises. #SafeSavings
🙏 Europe needs a strong banking sector to keep lending to the economy as we recover from the #Covid19 pandemic.
The EU implementation of the #Basel3 agreement will make the EU financial sector stronger while ensuring banks continue to finance economic activity and growth.
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Today, we have adopted our 2022 Work Programme, setting out next steps towards a post-COVID-19 Europe that is greener, fairer, more digital and resilient.
It contains 42 new policy initiatives across all six headline ambitions of President @vonderleyen. More ⤵
Making Europe the world’s first climate neutral continent by 2050!
For this, we will take further steps towards:
🚊zero-emission mobility
💧improving water & air quality
🥦new rules on sustainable use of pesticides
📱the right to repair instead of replace products
Delivering the EU’s digital transformation by 2030!
The Single Market remains key to our innovation.
We will address:
🖥️concerns on the supply of semi-conductors
🛡️common cybersecurity standards
🛰️EU space-based secure communications system
🤳digital skills & more
We believe that a safe, sustainable, peaceful and prosperous Arctic is important not just for the Arctic itself, but also for the EU and actually for the whole world.
Today, together with the High Representative @JosepBorrellF, we unveil an updated Arctic policy.
We will support efforts to reduce black carbon emissions in the Arctic by 33% by 2025 acting against major sources of pollution affecting the Arctic regions.
We are a global leader in the fight against climate change, and we are ready to play our full part.
Tehkem see teoks! Let’s #MakeItReal for Estonia! 🇪🇪
Green light to Estonia’s €969.3 million recovery and resilience plan. It will help the country:
🔵 build a stronger health system
🟣 digitalise its society
🟢 accelerate its green transition