On 21 December 2017, the Council prolonged economic sanctions targeting specific sectors of the Russian economy until 31 July 2018.
The European Commission has completed its in-depth investigation of support measures to steelmaker ILVA S.p.A. It has concluded that two loans granted by Italy in 2015 to support ILVA involved illegal State aid. Italy must now recover this undue benefit of about €84 million from ILVA. Full article…
EU ambassadors confirmed today the outcome of the final informal trilogue of 5 December, on a proposal to modernise the EU’s trade defence instruments.
Today, the EU implemented important changes to its anti-dumping and anti-subsidy legislation and the European Commission published a report on state induced distortions existing in China.