Category: Agriculture

  • MIL-OSI USA: Congressman Dan Goldman Works to Strengthen Food Supply Chains and Protect Essential Workers

    Source: United States House of Representatives – Congressman Dan Goldman (NY-10)

    The ‘Grocery, Farm, and Food Worker Stabilization Act’ Would Provide Funds to Cover Disaster-Related Costs for Farm, Grocery, and Meatpacking Workers

    Read the Bill Here

    Washington, DC – Congressman Dan Goldman (NY-10) joined Congresswoman Nikki Budzinski (IL-13) and Senators Sherrod Brown (D-OH) and Kirsten Gillibrand (D-NY) in introducing the ‘Grocery, Farm, and Food Worker Stabilization Act’, which would help cover disaster-related costs for essential farm, grocery, and meatpacking workers.

    “The COVID-19 Pandemic highlighted and exacerbated many ugly undercurrents in our society, including the extreme fragility of food supply chains,” Congressman Dan Goldman said. “It is imperative that we learn from those experiences and bolster food supply chain resiliency efforts. As climate change increases the strength and frequency of natural disasters across the country, we must ensure our food workers have the support they need to keep our communities fed even in the face of emergencies.”

    In 2021, the U.S. Department of Agriculture (USDA) established the Farm and Food Workers Relief (FFWR) Grant Program to help farm, grocery, and meatpacking workers with pandemic-related health and safety costs. The FFWR Grant Program distributed nearly $680 million in grant funding to meat processing, grocery store, and farm workers for expenses incurred during the COVID-19 pandemic. However, FFWR was a one-time grant program. The ‘Grocery, Farm, and Food Worker Stabilization Act’ would make a similar grant program permanently available so that Congress can provide support to frontline workers during emergencies.

    Congressman Goldman is committed to expanding access to food assistance and supporting America’s frontline workers.

    In May 2023, the Congressman cosponsored the ‘Enhance Access to SNAP (EATS) Act’ to address the growing crisis of food insecurity among college students. The legislation would specifically remove barriers to accessing the Supplemental Nutrition Assistance Program (SNAP) for college students.

    In July, Goldman convened a town hall to discuss strategies for combatting food insecurity and share information about New York State’s Summer EBT program, which provides funding for eligible families to buy food at grocery stores, farmers markets, and other SNAP-authorized retailers.

    Last month, Goldman cosponsored the ‘Food Nutrition Delivery Safety Act’, which would require authorized SNAP retailers to pay delivery workers good wages, ensure SNAP groceries are delivered safely, and protect SNAP users’ online data.

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    MIL OSI USA News

  • MIL-OSI USA: Governor Cooper Visits Community Care Station in Buncombe County with FEMA Administrator Criswell

    Source: US State of North Carolina

    Headline: Governor Cooper Visits Community Care Station in Buncombe County with FEMA Administrator Criswell

    Governor Cooper Visits Community Care Station in Buncombe County with FEMA Administrator Criswell
    mseets

    Today, Governor Roy Cooper traveled to Buncombe County with FEMA Administrator Deanne Criswell and visited a Community Care Station to speak with volunteers and give an update on relief efforts in Western North Carolina. The Community Care Station offers food and water distribution, basic hygiene services and medical care to the community.

    “Today, I visited a Community Care Station in Asheville where I saw the massive effort by local, state and federal responders and volunteers to bring relief to Western North Carolina,” said Governor Cooper. “I urge everyone to confirm reports and information from trusted news sources and officials and be wary of bad actors on social media and the internet.”

    Those impacted by Hurricane Helene can apply for assistance for buying food through the Disaster Supplemental Nutrition Assistance Program (D-SNAP) which was approved by the U.S. Department of Agriculture on October 18. NCDHHS estimates more than 150,000 people will apply for up to $120 million in D-SNAP benefits. Eligible households may apply for D-SNAP through Thursday, October 24 by phone or in person. More information including a list of application sites by county is available at ncdhhs.gov/dsnap.

    North Carolina National Guard and Military Response

    Over 3,150 Soldiers and Airmen are working in Western North Carolina. Joint Task Force- North Carolina, the task force led by the North Carolina National Guard is made up of Soldiers and Airmen from 12 different states, two different XVIII Airborne Corps units from Ft. Liberty, a unit from Ft. Campbell’s 101st Airborne Division, and numerous civilian entities are working side-by-side to get the much-needed help to people in Western North Carolina.

    The U.S. Army Corps of Engineers is helping to assess water and wastewater plants and dams. Residents can track the status of the public water supply in their area through this website.

    FEMA Assistance

    Approximately $129 million in FEMA Individual Assistance funds have been paid so far to Western North Carolina disaster survivors and approximately 207,000 people have registered for Individual Assistance. Over 6,200 people have been helped through FEMA’s Transitional Sheltering Assistance. More than 5,100 registrations for Small Business Administration Loans have been filed.

    Approximately 1,500 FEMA staff are in the state to help with the Western North Carolina relief effort. In addition to search and rescue and providing commodities, they are meeting with disaster survivors in shelters and neighborhoods to provide rapid access to relief resources. They can be identified by their FEMA logo apparel and federal government identification.

    North Carolinians can apply for Individual Assistance by calling 1-800-621-3362 from 7am to 11pm daily or by visiting www.disasterassistance.gov, or by downloading the FEMA app. FEMA may be able to help with serious needs, displacement, temporary lodging, basic home repair costs, personal property loss or other disaster-caused needs.

    Help from Other States

    More than 1,600 responders from 39 state and local agencies have performed 146 missions supporting the response and recovery efforts through the Emergency Management Assistance Compact (EMAC). This includes public health nurses, emergency management teams supporting local governments, veterinarians, teams with search dogs and more.

    Beware of Misinformation

    North Carolina Emergency Management and local officials are cautioning the public about false Helene reports and misinformation being shared on social media. NCEM has launched a fact versus rumor response webpage to provide factual information in the wake of this storm. FEMA also has a rumor response webpage.

    Efforts continue to provide food, water and basic necessities to residents in affected communities, using both ground resources and air drops from the NC National Guard. Food, water and commodity points of distribution are open throughout Western North Carolina. For information on these sites in your community, visit your local emergency management and local government social media and websites or visit ncdps.gov/Helene.

    Storm Damage Cleanup

    If your home has damages and you need assistance with clean up, please call Crisis Cleanup for access to volunteer organizations that can assist you at 844-965-1386.

    Power Outages

    Across Western North Carolina, approximately 5,000 customers remain without power, down from a peak of more than 1 million. Overall power outage numbers will fluctuate up and down as power crews temporarily take circuits or substations offline to make repairs and restore additional customers.

    Road Closures

    Some roads are closed because they are too damaged and dangerous to travel. Other roads still need to be reserved for essential traffic like utility vehicles, construction equipment and supply trucks. However, some parts of the area are open and ready to welcome visitors which is critical for the revival of Western North Carolina’s economy. If you are considering a visit to the area, consult DriveNC.gov for open roads and reach out to the community and businesses you want to visit to see if they are welcoming visitors back yet.

    NCDOT currently has approximately 2,000 employees and 900 pieces of equipment working on over 7,200 damaged road sites.

    Fatalities

    Ninety-five storm-related deaths have been confirmed in North Carolina by the Office of Chief Medical Examiner. This number is expected to rise over the coming days. The North Carolina Office of the Chief Medical Examiner will continue to confirm numbers twice daily. If you have an emergency or believe that someone is in danger, please call 911.

    Volunteers and Donations

    If you would like to donate to the North Carolina Disaster Relief Fund, visit nc.gov/donate. Donations will help to support local nonprofits working on the ground.

    For information on volunteer opportunities, please visit nc.gov/volunteernc.

    Additional Assistance

    There is no right or wrong way to feel in response to the trauma of a hurricane. If you have been impacted by the storm and need someone to talk to, call or text the Disaster Distress Helpline at 1-800-985-5990. Help is also available to anyone, anytime in English or Spanish through a call, text or chat to 988. Learn more at 988Lifeline.org.

    If you are seeking a representative from the North Carolina Joint Information Center, please email ncempio@ncdps.gov or call 919-825-2599.

    For general information, access to resources, or answers to frequently asked questions, please visit ncdps.gov/helene.

    If you are seeking information on resources for recovery help for a resident impacted from the storm, please email IArecovery@ncdps.gov.

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    Oct 21, 2024

    MIL OSI USA News

  • MIL-Evening Report: Donald Trump and Peter Dutton have both embraced populism. Are working-class voters buying it?

    Source: The Conversation (Au and NZ) – By David Smith, Associate Professor in American Politics and Foreign Policy, US Studies Centre, University of Sydney

    Opposition Leader Peter Dutton has often been accused of copying former US President Donald Trump’s tactics. Some analysts even refer to Dutton, like Trump, as a “populist” who seeks political gain by pitting ordinary citizens against corrupt “elites”.

    There is evidence of this populism in the willingness of Trump, Dutton and other figures in their parties to attack “big business”.

    This is unusual for the conservative parties, and it has alarmed business-aligned outlets like the Wall Street Journal and the Australian Financial Review.

    Republicans and Liberals have always preferred to identify with small business rather than big business. Their relationship with corporate interests has not always been smooth.

    But they do not believe there is a natural conflict between business and workers, or between different sections of the economy. And they usually align with big business on the critical issues of taxation and government regulation.

    So Dutton’s declaration earlier this year that the Liberal Party is “not the party of big business” but “the friend of the worker” marks a notable rhetorical shift, even if there is reason to doubt the substance behind it.

    It mirrors a similar shift to pro-worker rhetoric among leading Republicans. Florida Senator Marco Rubio said in 2020, for instance, the future of the Republican Party is based on “a multiethnic, multiracial, working-class coalition”.

    Expanding their share of the working-class vote may be necessary for both parties, given their losses of tertiary-educated, middle-class voters and seats in recent elections. Economic populism may be one path to do it.

    But how economically populist can conservative parties get in either country?

    Why attack big business?

    A lot of Republican and Liberal attacks on big business are fundamentally cultural rather than economic.

    Publicly-owned corporations have embraced diversity, equity and inclusion policies. They declare commitments to “sustainability”. And plenty of them have backed causes like marriage equality, Black Lives Matter and the Indigenous Voice to Parliament.

    However cosmetic these gestures are, many conservatives see major corporations as culturally hostile to them. More importantly, they no longer see big business and finance as reliable political backers.

    And they don’t need them like they once did. Dynastic wealth in both countries has seen the ascendancy of private companies owned by super-rich individuals and families. These, not corporate donors, are now the most consistent sources of financial and political support for conservative parties.

    These changing conditions have given Republicans and Liberals a free hand to make big business – never a popular entity – into a target of populist campaigns.

    Many of their attacks are about “wokeness”. But not all. Consumer protection has also become an opportune theme, given the cost of living crisis in both the United States and Australia.

    Trump, for instance, has floated capping credit card interest rates at 10%. Dutton has proposed using the government’s divestiture powers to break up supermarket and hardware chains that are accused of using their monopoly power to exploit consumers and suppliers.

    They can propose these ideas because voters usually trust the Republican and Liberal parties more than their opponents on economic issues. Most Democratic and Labor politicians would be unwilling to take populist measures that far because of their perennial fears of being seen as economically irresponsible.

    But when it comes to actually siding with workers over business, a different picture emerges.

    The Republican romance with ‘union workers’

    As president, Trump had a notably anti-union record. His appointees to the National Labor Relations Board, which enforces labour law, consistently ruled against unions.

    In Trump’s current campaign to re-enter the White House, unions have criticised him for holding a rally appealing to “union workers” at a non-union shop, and for praising tech billionaire Elon Musk because he sacked workers who threatened to strike.

    Trump also said recently that as a business owner he hated paying overtime. He has also previously said he preferred to use non-union workforces.

    Despite all this, the Trump campaign is making a serious play for the votes of unionised workers, who could be critical in Midwestern battleground states.

    Although unions as organisations usually support Democrats, the number of voters in union households who support Republicans is sometimes more than 40%.

    This year, Trump sought the endorsement of the International Brotherhood of Teamsters, the North American truck drivers’ union with 1.3 million members. The Teamsters have supported Democratic candidates in every presidential election since 2000, but prior to that, the organisation had also backed Republican candidates like Richard Nixon, Ronald Reagan and George HW Bush.

    This year, the Teamsters did not join most other unions in quickly endorsing Democratic incumbent Joe Biden before he stepped aside for Vice President Kamala Harris.

    The Teamsters’ president, Sean O’Brien, almost got into a fight with a Republican senator in a committee hearing in 2023 after calling him a “greedy CEO who acts like he’s self-made”. Nonetheless, he got an invitation to speak at this year’s Republican National Convention. He praised Trump as a “tough SOB”, but then blasted various businesses and business organisations for being anti-union, to the discomfort of the audience.

    Teamsters President Sean O’Brien addressing the Republican National Convention.

    The Teamsters ultimately endorsed neither candidate. However, they released polling showing nearly 60% of their members supported Trump compared to a third for Harris.

    Trump-era Republicans frequently praise “union workers” rather than actual unions. When Senators JD Vance (now Trump’s running mate) and Josh Hawley supported the striking United Auto Workers last year, they criticised the union’s leadership. But they are happy to be seen as being on the side of unionised workers against big businesses who send manufacturing jobs overseas, a trend Trump promises to reverse.

    The term “union workers” prompts conservative nostalgia, especially for a group like the Teamsters with their mostly male membership and reputation for toughness. It evokes the anti-communist, blue-collar workers of the 1960s and ‘70s who supported Nixon and brawled in the streets with college-educated anti-Vietnam War protesters.

    That is not the only nostalgic element. Through heavily protectionist measures, Trump is promising to restore millions of manufacturing jobs to the United States – the kinds of jobs that used to be largely unionised. He also promises to roll back environmental regulations to expand mining, drilling and fracking on federal land. Again, these are the kinds of jobs often associated with “union workers”.

    When Trump and others praise “union workers”, they are not really talking about unions, but a certain type of blue-collar job they are promising to create and protect. “Union” in this context has the positive connotation of well-paid, stable work.

    But Trump claims it is his policies that will guarantee these jobs, making unions themselves virtually irrelevant.

    Where Liberals won’t follow

    Dutton may praise workers, but he is unlikely to add the prefix “union” anytime soon. It is hard to imagine any Liberal leader courting the support of a union because Australia’s party system effectively enshrines the country’s adversarial industrial relations system in its politics.

    The Australian Labor Party began as the parliamentary wing of the union movement, and to this day affiliated unions are entitled to 50% of delegates at party conferences. American unions are not linked to the Democratic Party in the same way.

    This does not mean the votes of union members are off-limits to other parties. In 2006, then-economist (now Labor MP) Andrew Leigh estimated about a third of union members voted for the Coalition on a two party-preferred basis from 1966 to 2004. But Liberals will not appeal to these voters as “union workers” in the same way Republicans do.

    Trump’s dream of restoring American manufacturing dominance would involve a resurgence of long-term employment in large and medium-sized firms. He is promising the stability once associated with unions, not the “flexibility” that Australia’s Liberals want in workplaces.

    For the most part, Liberals still prefer to talk about blue-collar workers as independent tradespeople or aspiring business owners rather than employees.

    Dutton says the modern Liberal Party is the friend of “small business owners and employees in that business”. This conjures images of family-like operations where staff loyally put in unpaid overtime – instead of larger, impersonal workplaces (where unpaid overtime is also the norm).

    And unlike Trump Republicans, the Liberal and National parties still believe in free trade. After a long bipartisan opposition to protectionism, Labor has recently embraced a major new industrial policy. The Coalition is not on board.

    Some doubt whether Trump is a genuine populist. But he has a wider scope for genuinely populist rhetoric than Dutton, at least for now.

    Even though he’s a symbol of capitalist excess, part of Trump’s message is that capitalism has taken a wrong turn. Not just into excessive wokeness, but into globalisation and financialisation, where investment and speculation are more profitable than production.

    There are limits to how much any Liberal leader, even Dutton, can tap into anger with capitalism itself.

    David Smith does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    ref. Donald Trump and Peter Dutton have both embraced populism. Are working-class voters buying it? – https://theconversation.com/donald-trump-and-peter-dutton-have-both-embraced-populism-are-working-class-voters-buying-it-240309

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI New Zealand: Rural News – OSPRI’s donation continues support for farmers

    Source: OSPRI New Zealand

    Disease management agency OSPRI has announced a funding package commitment for the Rural Support Trust, a charity they consider critical to the success of their work.
    The Rural Support Trust offers one to one support to those struggling with the pressures of life on the farm. As such, they are a vital safety net in the rural community, and their team of local experienced people will be relied on as the sector confronts tough economic conditions.
    To provide support when and where it is needed, resourcing is critical, and while partially funded by the Ministry of Primary Industries, the Trust relies on additional charitable donations. Recognising this and valuing the Trust’s support around the impact of its disease management programmes, OSPRI recently committed to annual donations over the next three years.
    “The impact of disease on farmers’ wellbeing is well documented, and we experience first-hand the stress that comes to bear on farming families when their livestock become infected with TB or M.bovis” says Helen Thoday, OSPRI’s North Island General Manager for Service Delivery. “So having a partner like The Rural Support Trust, often involving someone who’s been through it too, to help, is an important part of recovery”.
    As a not for profit itself, OSPRI understands just how important financial assurance is. “We’ve worked with the Rural Support Trusts previously, providing funding to ensure they could meet community needs during the Hawkes Bay TB outbreak. When taking on the surveillance of M.bovis last year, we also continued the funding, started by MPI, to support those farmers impacted by the disease. So, it’s gratifying to make a commitment of ongoing donations to support farmers dealing with infected herds, or any personal difficulty really” confirms Helen.
    Amanda Jordan, the Chair of Taranaki Rural Support has also been a long-time defender of biosecurity and continues this work with one of OSPRI’s farmer committees. As a 5th generation jersey cow farmer, Amanda and her family have battled through plenty of challenges, and she still remembers the impact of TB – at one stage managing three of the seven herds infected in Taranaki. Between that experience and calling on the Trust herself, Amanda was determined to do more for her industry and talks warmly about a network of locals. “We’ve an amazing coordinator, and an important part of her work is listening to the caller carefully, and then finding the right willing person in the community. If we’re concerned about welfare, we’ll find support quickly and close by, but often it’s about someone with the right experiences or background for a situation”.
    Fourteen Rural Support Trusts operate across regions throughout New Zealand, and then there is a national office providing coordination to ensure ground support remains widely accessible to those who need it. “I’m hugely proud of each Trusts’ efforts, there’s real comfort in having someone to walk with you during tough times – so providing those rural connections is such an important part of it” says Maria Shanks, General Manager of New Zealand Rural Support Trust. “We’re lucky to have a collection of principle sponsors and partners and pleased to have OSPRI’s support as they also work amongst our communities”.

    MIL OSI New Zealand News

  • MIL-OSI Australia: Expanded program to help essential workers move to Northern Rivers

    Source: New South Wales Premiere

    Published: 23 October 2024

    Released by: Minister for Agriculture


    Essential workers will receive significantly more support to move and settle into the Northern Rivers thanks to a successful Minns Labor Government initiative, The Welcome Experience, being extended into the region making it easier for local organisations to attract workers to making the move.

    Originally piloted during 2023 in Broken Hill, Muswellbrook, Bega, Walgett, Coffs Harbour, Corowa, Griffith and Goulburn, The Welcome Experience has been such a success it is now being rolled out to additional locations since September this year and is now operating in 55 Local Government Areas.

    The Welcome Experience will now provide workforce support to the additional town locations of Tweed, Lismore, Ballina, Byron and Richmond Valley thanks to a successful tender application from new host agency, Regional Development Australia (RDA) Northern Rivers.

    As part of The Welcome Experience, host agencies help essential workers make the regions their home, forge social connections, access childcare and schooling options, join sporting clubs and even assist with finding job opportunities for partners.

    Launched in June last year, The Welcome Experience has helped 665 essential workers and their families to move to regional New South Wales, including 346 health workers, 110 educators and 42 police staff. 

    The Northern Rivers can look forward to similar type success stories that have emerged after the program was rolled out to other regions over the last few months.

    Host Agencies in new delivery locations such as Dubbo, Port Macquarie, Kiama and Inverell are now onboarding Local Connectors, plus engaging their local communities and gathering feedback to assist them to tailor the delivery of The Welcome Experience to meet specific needs of communities.

    Among the new host agencies is RDA Murray, which has reported a positive stream of enquiries since September from essential workers considering the move to the Albury area.

    RDA Program Manager for Albury Karin Willcox is already assisting two registered nurses and their children move to the region from New Zealand.

    Karin has organised arrangements for the family ahead of their arrival, including airport pickup, car rental, childcare, schooling options, and even securing furniture for their new home.

    Find out more The Welcome Experience

    Minister for Agriculture and Regional NSW, Tara Moriarty said:

    “Our Government is focusing on ensuring regional NSW receives the services it needs and attracting essential workers is critical to making that happen.

    “If people get to hear first-hand info about schools or childcare, and that there is a good bunch of people in the local netball team, plus insights on cafes and places to fish, you are making them feel welcome.

    “Recognising the area’s needs, the Government is pleased the procurement process has been completed to engage RDA Northern Rivers to set up services in five towns that will boost the attraction of essential workers.

    “The Welcome Experience has a strong track record of warmly welcoming workers to regional NSW and encouraging them to build lasting connections in their new communities, and I look forward to seeing RDA continue this valuable work in the Northern Rivers region.”

    NSW Parliamentary Secretary for Disaster Recovery and State Member for Lismore Janelle Saffin said:

    “I congratulate Regional Development Australia (RDA) Northern Rivers on successfully tendering to be host agency for The Welcome Experience in towns across our region as this organisation has a track record of building capacity through strengthening networks.

    “We need to attract and retain more essential workers as our population grows, and providing workforce support with relocations and settling into a new community for workers and their families is a no-brainer.

    “Some councils provide new residents with a welcome pack to help them navigate their new surroundings, and this Minns Labor Government initiative is that concept writ large, offering a wraparound set of services specific to our region.

    “The Welcome Experience’s pilot sites have been successful in helping hundreds of health workers, educators and police move to the regions, and I look forward to more success in Lismore, Tweed, Byron, Ballina and Richmond Valley.”

    RDA Northern Rivers Director of Regional Development Anthony Schreenan said:

    “The Welcome Experience will support new essential workers through every step of the relocation process, from when they first consider the move, to when they decide to make their home in the Northern Rivers and build connections in the community,” Mr Schreenan said.

    “We are so happy to be able to benefit from The Welcome Experience, the pilot showed that the key to retaining workers is welcoming them into the community, and that’s more than finding a house to live in and school for the kids.

    “It’s becoming part of the local sports club, getting to know fellow parents, connecting with the people at your local and building networks of friendship.

    “Our Local Connector will provide a concierge service, connecting with essential workers who are considering relocating to our region and providing information about the region, finding a place to live, access to schools and amenities, and services available.

    Locations delivering The Welcome Experience:

    Region Location Government Areas Successful Host Agency
    Northern NSW Glen Innes Severn and Inverell Attract Connect Stay Glenn Innes
    North Coast & Rivers Tweed, Lismore, Ballina, Byron and Richmond Valley RDA Northern Rivers
    Mid North Coast Kempsey, Nambucca and Port Macquarie Hastings RDA Mid North Coast
    Mid North Coast Coffs Harbour and Bellingen Boambee East Community Centre
    Hunter Muswellbrook, Singleton and Upper Hunter Muswellbrook Shire Council
    New England Armidale, Tamworth and Uralla RDA Northern Inland
    Moree Plains Moree Plains Moree Plains Shire Council
    Orana region Bourke, Dubbo (incl Wellington) and Walgett RDA Orana
    Central West Bathurst, Cowra, Lachlan, Lithgow, Oberon, Orange, Parkes and Weddin Skillset
    Western NSW Balranald, Broken Hill, Central Darling, Regional Solutions Community Development
    Far West NSW Unincorporated Far West and Wentworth Regional Solutions Community Development
    Murray Albury, Federation and Greater Hume RDA Murray
    Eastern Riverina Temora, Tumut, Wagga Wagga RDA Riverina
    Western Riverina Griffith, Leeton, RDA Riverina
    Southern NSW Goulburn Mulwaree, Hilltops, Queanbeyan-Palerang, Snowy-Monaro, Upper Lachlan, Wingecarribee and Yass Valley RDA Southern NSW
    Bega Valley Bega Valley Bega Chamber of Commerce
    Illawarra Kiama, Shellharbour and Shoalhaven Multicultural Communities Council of Illawarra 
    South Coast Eurobodalla Bega Chamber of Commerce 

    MIL OSI News

  • MIL-OSI Economics: India’s sustainable eating habits offer glimmer of hope to mitigate climate change, says GlobalData

    Source: GlobalData

    India’s sustainable eating habits offer glimmer of hope to mitigate climate change, says GlobalData

    Posted in Consumer

    Sustainable eating encompasses of practices such as minimizing food waste, prioritizing plant-based diets, and consuming locally sourced foods. India is known for its extensive history of vegetarian diets. As the world grapples with the urgent need to address climate change, India’s sustainable eating habits offer a glimmer of hope to address the heightened ecological concerns, according to GlobalData, a leading data and analytics company.

    India’s traditional, climate friendly dietary habits have been spotlighted as a global blueprint for sustainable living in a recent Living Planet Report by the World Wide Fund for Nature (WWF). It identified India’s food consumption pattern as the most climate friendly among G20 nations. The report further stated that if all countries across the globe would adopt the current food consumption pattern of India, the world would need 0.84% of an Earth to support food production by 2050+.

    Shravani Mali, Consumer Analyst at GlobalData, comments: “In recent years, India observed an intensified vegan movement, especially in metropolitan cities. The country’s current food consumption practices, emphasizing plant-based diets and climate-resilient crops such as millets, require fewer resources and generate lower emissions compared to meat-heavy diets. This transition is also connected to a wider focus on sustainability. Underlining this trend, 79% of Indian respondents in GlobalData’s recent consumer survey stated that the sustainable/environmentally friendly feature is essential/nice to have when deciding to make a food and drinks purchase*.”

    Mali adds: “Traditional Indian diets primarily consist of lentils, grains, and vegetables. For instance, “Thali” is a meal that includes a combination of various food groups and shows a strong connection to the country’s land and history. These traditional diets, which place an emphasis on seasonal and local produce, are becoming more popular as environmental issues gain more attention. Consequently, with increasing awareness, consumers will look forward to curtailing environmental burdens by adopting traditional dietary practices that prioritize plant-based foods.”

    Deepak Nautiyal, Consumer and Retail Commercial Director, APAC and Middle East at GlobalData, notes: “The Indian government has introduced several initiatives to promote environmentally sustainable practices in the country. For instance, the government launched schemes such as National Millet Campaign and the International Year of Millets (2023) to enhance the production and consumption of millets since it is an environmentally sustainable source of food and nutrition. In addition to this, the National Mission for Sustainable Agriculture (NMSA) aims to improve climate-resilient farming.

    “Furthermore, the socioeconomic advantages of sustainable food production are exemplified by the Andhra Pradesh Community-Managed Natural Farming (APCNF) program in southern India. Hence, these initiatives have positively contributed to India’s food practices as a model of sustainability.”

    Mali concludes: “By adopting climate-friendly diet, individuals can make a tangible impact on the environment. Adopting Indian sustainable eating habits worldwide offers a clear path to address critical environmental and health challenges. With the food system being one of major contributors to global greenhouse gas emissions, shifting towards plant-based diets, as exemplified by Indian cuisine, could reduce emissions significantly, creating a more sustainable future for generations to come.”

    *GlobalData 2024 Q3 Consumer Survey – India, with 500 respondents, published October 2024

    MIL OSI Economics

  • MIL-OSI Russia: Sing like a star, paint like an artist: how to spend a weekend at the Moskino cinema park

    Translation. Region: Russian Federation –

    Source: Moscow Government – Government of Moscow –

    On the weekend of October 26 and 27, visitors cinema park “Moskino”There will be master classes in graffiti, drawing and making pictures from threads, making movie clappers, training in face painting and acting, vocals and breakdancing. There will also be an animated sand show, a creative meeting with production designer Sergei Fevralev and other events.

    Entrance is by tickets, which can be purchased online. The cost of one ticket for an adult is 600 rubles, for a child under 18 years old – 350 rubles. Buying in advance will cost less than on the days of the event. Cash payment is not provided. Those who plan to visit only the cinema do not need to buy an entrance ticket.

    Moscow Holidays Master Classes: String Art, Movie Clappers, and Face Painting

    On Saturday and Sunday, Moscow schoolchildren can have an interesting time at the Moskino cinema park. Especially for children who are currently on vacation, the educational center of the cinema park has prepared exciting master classes in string art, making a movie clapperboard, and face painting.

    String art is a technique for creating bright pictures using threads. At the master class, guests will learn how to properly prepare materials, stretch the threads to create different patterns. A unique picture can be a great decoration for your home.

    During the class on making a movie clapperboard, visitors to the cinema park will learn that this is an important tool in cinematography that synchronizes sound and image. Participants will be told how to choose materials, assemble a movie clapperboard, and use it correctly.

    At a master class on creating bright designs on faces using special paints, guests will be told how to prepare the skin and create various patterns.

    Master classes of “Media Academy”: acting, dancing and vocals

    During the acting class, participants will learn the basics of stage movement and speech, as well as how to work on a character’s image and what acting techniques exist. Experienced teachers will give valuable advice that visitors can use in everyday life.

    At another master class, guests of the cinema park will get acquainted with the basic elements of dance in a special class, learn to feel the rhythm and music, and also show their individuality to create a unique dance style.

    At the vocal lesson “Sing Like a Star!” experienced teachers will help you master the basics of vocals, show you how to breathe and sing correctly, and also work on your voice so that it becomes beautiful and expressive. This master class is not only a chance to learn to sing, but also an opportunity to broaden your horizons, meet new people and enjoy the learning process.

    Gonzaga Theatre venue: light art show, sand animation and a lecture on painting

    On Saturday, October 26, a rich artistic program is planned at the Gonzaga Theater, which will give the cinema park guests the opportunity to admire the work of lighting designers and help develop their imagination to create their own paintings.

    On Saturday and Sunday at 12:00, 14:00 and 16:00 guests will enjoy artistic animation with sand, and at 13:00 and 15:00 – a bright light art show. At 17:00 a creative meeting with the production designer of the Moskino cinema park Sergey Fevralev will begin.

    The light art show will allow visitors to the cinema park to immerse themselves in a world of magic and light. Bright installations and visual effects will create an incredible atmosphere.

    Artistic animation with sand performed by professionals will show how amazing images and plots are born from this material. Artists-animators will turn fantasies into reality, creating real masterpieces.

    Film screenings in Moskino cinemas

    This weekend, movie lovers will see some interesting films. For the first time, the Moskino Kinopark movie theater will host a screening as part of the Theater in Cinema program. Viewers will be presented with Boris Eifman’s ballet The Pygmalion Effect. The author offers an interpretation of the archetypal story about a sculptor who falls in love with the statue of a beautiful girl he created. You can watch the ballet on the big screen on Saturday, October 26, for 500 rubles.

    In addition, cinema-goers will see the long-awaited new release, the adventure blockbuster “Ognivo”, the plot of which combines Russian folklore and the fairy tale of Hans Christian Andersen. The weekend repertoire also includes the film “Ruki Vverkh!” and the winner of the Cannes Film Festival “Anora”. The cost is from 250 rubles. You can find out the schedule of screenings and buy tickets on the website.

    Fairy tale park of the cinema park

    The fairy tale park will once again host the beloved musical animation program “Musical Photo Check”. To different songs, children will show the emotion that is in the music, and at that moment they will be photographed. As a result, there will be many beautiful photos with different emotions. In addition, children will be able to dance and take part in competitions.

    Festival “Art. Photo. Cinema”

    This weekend, the central square of the cinema park will host the festival “Art. Photo. Cinema” – a unique cultural event that unites creativity, craftsmanship and inspiration. You must purchase a ticket – you can visit during one day or two days.

    Guests will be able to take part in a graffiti master class, draw sketches, make a caricature, visit themed photo zones, an exhibition and a market for sculptors, artists and photographers. Everyone will be able to dance to the rhythmic melodies of drummers on barrels, take a quest dedicated to art, attend a class with art school teachers, learn to break dance and watch living statues.

    Graffiti classes will allow guests to immerse themselves in the world of street art, and experienced teachers will tell about the basics of dance and demonstrate their application on the dance floor.

    Sketching is the creation of quick and expressive sketches to convey emotions without long drawings. Caricaturists will create caricature portraits that accurately depict character and mood.

    The exhibition and market for sculptors, artists and photographers will feature unique works by talented authors. Thematic photo zones and living statues will allow you to create bright and stylish photos. Here, drummers will perform musical compositions on barrels.

    At the art school master class, guests will learn the secrets of professional techniques and will be able to improve their skills. The quest dedicated to art will become an exciting adventure with creative tasks and a search for hidden objects. At the break dance class, everyone will learn the basics of this energetic dance under the guidance of instructors.

    Exhibition in front of the Vadim Zadorozhny Museum of Technology

    The parking lot in front of the Vadim Zadorozhny Museum of Technology will feature a large-scale exhibition of military equipment, including airborne and infantry armored vehicles, as well as support vehicles, including the BMD-1, BTR-60, BTR-70, Ural-375, GAZ-66, and BTR-60. The photo exhibition “Behind the Tape” will feature photos from a special military operation, sometimes taken at risk to the lives of reporters.

    “City Yard”, “Pitersky Bar”, “Cowboy Town” and “Moscow in the 1940s”

    At the “City Yard” site, guests of the cinema park will be in a musical mood all day long. Street musicians will delight visitors with immortal hits. An unforgettable adventure awaits guests at the “Pitersky Bar”. Here, on the staged set of an episode based on the film “The Three Musketeers”, guests will immerse themselves in the atmosphere of the legendary novel and film, and take themed photos as a keepsake.

    A real cowboy party awaits guests at the Cowboy Town site. Visitors will be able to transform into a Western hero in a staged scene based on the famous film The Man from Boulevard des Capucines. Everyone will be able to immerse themselves in the atmosphere of the Wild West, take original photos in a cowboy style, and use all the necessary props, including a Wanted frame.

    For a complete transformation, costume complexes are provided, which will travel around the territory. To maintain a good mood, street musicians will perform for the guests of the cinema park.

    The Moscow of the 1940s site recreates the atmosphere of the post-war era, where the music of those years will take the guests of the cinema park into the past. With the help of special filters, visitors will be able to get a Soviet photograph, and a costume van will help everyone to transform into a hero of that time. Street musicians will delight guests with their creativity all day long.

    A weekend at the Moskino cinema park is a unique opportunity to immerse yourself in the world of cinema and try yourself in different creative directions with family or friends.

    The Moskino Cinema Park is part of Sergei Sobyanin’s Moscow — City of Cinema project and a facility of the Moscow Cinema Cluster. At the moment, the first stage of its development has been completed — 18 natural sites, four pavilions and six infrastructure facilities have been built in the cinema park. Among them are the sets of Moscow Center, Moscow of the 1940s, Vitebsk Station, Yurovo Airport, Moscow Cathedral Square, Deaf Village, Partisan Village, County Town, Cowboy Town, St. Petersburg Bar and other sites.

    The capital’s film cluster also includes the Maxim Gorky Film Studio (sites on Ryazansky Prospekt, Sergei Eisenstein Street and Valdaisky Proezd), the Moskino cinema chain, the film commission and the Moskino film platform.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.

    https://vvv.mos.ru/nevs/item/145653073/

    MIL OSI Russia News

  • MIL-OSI Asia-Pac: Import of poultry meat and products from areas in Hungary and Japan suspended

    Source: Hong Kong Government special administrative region

    Import of poultry meat and products from areas in Hungary and Japan suspended
    Import of poultry meat and products from areas in Hungary and Japan suspended
    *****************************************************************************

         The Centre for Food Safety (CFS) of the Food and Environmental Hygiene Department announced today (October 23) that in view of notifications from the Ministry of Agriculture of Hungary and the Ministry of Agriculture, Forestry and Fisheries of Japan about outbreaks of highly pathogenic H5N1 and H5 avian influenza in Bács-Kiskun County in Hungary and Chiba Prefecture in Japan respectively, the CFS has instructed the trade to suspend the import of poultry meat and products (including poultry eggs) from the above-mentioned areas with immediate effect to protect public health in Hong Kong.     A CFS spokesman said that Hong Kong has currently established a protocol with Hungary for the import of poultry meat but not for poultry eggs. According to the Census and Statistics Department, Hong Kong imported about 40 tonnes of frozen poultry meat from Hungary, and about 1 170 tonnes of frozen poultry meat and about 150.45 million poultry eggs from Japan in the first six months of this year.     “The CFS has contacted the Hungarian and Japanese authorities over the issues and will closely monitor information issued by the World Organisation for Animal Health and the relevant authorities on the avian influenza outbreaks. Appropriate action will be taken in response to the development of the situation,” the spokesman said.

     
    Ends/Wednesday, October 23, 2024Issued at HKT 15:02

    NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: LCQ6: Quarantine period for pet cats/dogs entering Hong Kong from Mainland

    Source: Hong Kong Government special administrative region

         Following is a question by Dr the Hon Johnny Ng and a reply by the Secretary for Environment and Ecology, Mr Tse Chin-wan, in the Legislative Council today (October 23):

    Question:

         It is learnt that in recent years, more members of the public exit or enter the territory carrying pet cats/dogs. On the other hand, for the sake of preventing the spread of rabies into Hong Kong, pet cats/dogs carried by members of the public back to Hong Kong from Group III places (including the Mainland) as specified by the Government are required to comply with the quarantine procedures prescribed by law, including a quarantine period of at least 120 days. In this connection, will the Government inform this Council:

    (1) of the number of cases applying for quarantine of pet cats/dogs entering the territory that were received by the Government in each month of the past three years; among these cases, the respective numbers of cats and dogs which had fallen sick and died during the quarantine period and the reasons for that;

    (2) whether it will increase the number of quarantine institutions and quarantine centres as well as the number of animals that can be quarantined, so as to meet the immigration needs of pet cats/dogs; if so, of the plans and timetable; if not, the reasons for that; and

    (3) as information shows that some advanced regions in Asia adopt more lenient quarantine requirements on pets entering the territory than Hong Kong, such as the seven-day and 30-day quarantine periods adopted respectively by Taiwan and Singapore, whether the Government will make reference to the practice of those regions and shorten the present quarantine period for pet cats/dogs brought into the territory from Group III places; if so, of the specific arrangements and the earliest possible date of implementation; if not, the reasons for that?

    Reply:

    President,

         Rabies is a contagious disease that can cause fatality to mammals (including humans). No specific treatment is available at present and rabies is almost always fatal once clinical signs appear, and nearly 60 000 people die of rabies globally every year. To safeguard public health, the Agriculture, Fisheries and Conservation Department (AFCD) currently regulates the import of live animals through a permit system, and controls the import of cats and dogs under the Public Health (Animals and Birds) Regulations (Cap. 139A) and the Rabies Regulation (Cap. 421A), aiming to prevent the transmission of animal diseases including rabies into Hong Kong. Under effective control measures, Hong Kong has long been widely recognised as a rabies-free place; therefore, animals of Hong Kong residents generally face less stringent quarantine requirements when entering other places, for example places with strictest quarantine requirements like Australia and New Zealand permit the entry of cats and dogs from Hong Kong.

         For importation of cats and dogs, the AFCD classifies places into three groups according to different risk of rabies, with reference to information about the surveillance of animal diseases from the World Organisation for Animal Health. Group I includes rabies-free places (i.e. where rabies has been absent for a long time); Group II includes places where rabies cases are few and under effective control; and Group III includes places where rabies cases are reported and not under effective control. In general, places that do not meet the requirements of Group I or II (or their situations cannot be determined) will be included in Group III.

         Since Groups I and II places are considered of lower risk of rabies, cats and dogs imported from these places are exempted from quarantine upon fulfilling relevant requirements (such as providing Animal Health Certificate, Residence Certificate, Anti-rabies Vaccination Certificate, etc.). For Group III places, the risk of rabies is higher or uncertain. Since the incubation period of rabies can be up to several months, to prevent the transmission of rabies into Hong Kong, the AFCD requires a quarantine period of no less than 120 days for the cats and dogs imported from Group III places.

         On the questions raised by Dr the Hon Johnny Ng, I would like to reply to the question as follows:

    (1) The AFCD will immediately arrange to send cats and dogs imported from Group III places upon arrival in Hong Kong to its Animal Management Centre for quarantine. If an animal falls ill during quarantine, the AFCD will inform the animal owner to take the animal to a vet clinic under the escort of the AFCD, or arrange a vet to the quarantine centre for treatment. If an animal shows an urgent health problem and the AFCD is unable to contact the animal owner, the AFCD will arrange for the pet to be examined by a vet as soon as possible. Over the past three years, a total of three animals (including two cats and one dog) passed away during quarantine, due to their own severe health issues such as kidney failure. In the past three years, the number of applications received by the AFCD for reserving a quarantine space for importing cats and dogs, the number of cats and dogs which received veterinary treatment during the quarantine period, and the number of cats and dogs deceased during the quarantine period are at the Annex.

    (2) and (3) The AFCD is actively adopting a two-pronged approach to facilitate animal owners from Group III places in bringing their pet cats and dogs to Hong Kong. On the one hand, the AFCD is increasing the number of quarantine facilities; on the other hand, the AFCD is exploring ways to refine the quarantine requirements for cats and dogs.

         Regarding quarantine facilities, two Animal Management Centres (i.e. Kowloon Animal Management Centre and Hong Kong Animal Management Centre) operated by the AFCD provide quarantine services for cats and dogs imported from Group III places. The two centres provide a total of 20 spaces for cats and dogs respectively. The Kowloon Animal Management Centre is currently undergoing works by the AFCD to increase the number of quarantine facilities, with the works expected to be completed in the first half of next year. Upon completion, the total number of quarantine facilities for cats and dogs in the two centres will increase to 34 and 30 respectively. To further increase the number of facilities, the AFCD is actively exploring the feasibility of operating and providing some of the cats and dogs quarantine facility by the private sector. Organisations are required to obtain a licence from the AFCD to operate a quarantine centre under the Rabies Regulation (Cap. 421A), and the relevant quarantine facility is a designated project under the Environmental Impact Assessment Ordinance (Cap. 499) which requires obtaining an environmental permit. The Government is now discussing with the private sector about the relevant arrangements and is providing assistance, and is striving to implement a pilot scheme in the first half of next year.

         For the refinement of quarantine requirements for cats and dogs from Group III places, different places conduct their own risk assessments and establish import requirements based on their acceptable level of risk. The risk of rabies transmission is influenced by various factors, including the number of imported cats and dogs, whether the importing places can take effective control measures to prevent the introduction of rabies, the rabies immunisation status of the importing places, the rabies situation of neighbouring places, etc. As biotechnology has developed in recent years, the AFCD has earlier conducted a risk assessment, and considered that the quarantine period for cats and dogs imported from some Group III places (including the Mainland and Macao) could be shortened by measures such as rabies vaccination and rabies antibody titer testing. The AFCD is discussing the proposed arrangements with the places concerned to finalise the implementation details. The AFCD will announce the details of the arrangements once the discussion is completed. With the gradual implementation of the revised measures, the waiting time of quarantine facilities would decrease, thereby further facilitating animal owners from Group III places in bringing their pet cats and dogs to Hong Kong.

    MIL OSI Asia Pacific News

  • MIL-OSI: Exclusive Markets’ Mr. Lambros Lambrou Honoured with ‘Top 50 Financial Markets CEO Awards 2024’ in Dubai

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, Oct. 23, 2024 (GLOBE NEWSWIRE) — Exclusive Markets proudly announces that Mr. Lambros Lambrou, CEO of the esteemed organization, has been awarded the prestigiousTop 50 Financial Markets CEO Awards’ at the Middle East Financial Markets Awards Ceremony Dubai 2024 – 2ndEdition. This award is not only a testament to his exceptional leadership, visionary approach, and significant contributions to the financial sector but also highlights his dedication to excellence and his role in driving the success and growth of Exclusive Markets.

    Lambros Lambrou leads Exclusive Markets, guiding the firm through dynamic market landscapes and ensuring sustained growth. His strategic vision has been instrumental in positioning Exclusive Markets as one of the top players in the global trading sector. Under his leadership, the firm has expanded its portfolio and consistently delivered exceptional value to its clients.

    On receiving the award, Lambros Lambrou expressed his gratitude for the recognition, saying, “I am deeply honoured. It reflects the collective efforts of the entire team at Exclusive Markets. Together, we have strived to create an environment that fosters innovation, integrity, and excellence. This award inspires us to continue our journey towards setting new standards in the industry.”

    This marks the relentless commitment to excellence of Lambros Lambrou. His innovative strategies and client centric approach have set new benchmarks in the industry. The leadership in Exclusive Markets is characterized by a deep understanding of market dynamics, a keen eye for emerging trends, and a passion for nurturing talent within the organization.

    About Exclusive Markets

    Exclusive Markets is committed to delivering a robust, secure, and transparent platform for investors in various financial instruments. With a strong emphasis on advanced technology and ISO/IEC 27001:2013 Certification from MSECB, Exclusive Markets provides traders with an outstanding platform that seamlessly blends advanced features with user-friendly interfaces.

    Traders can explore a diverse selection of trading instruments, including CFD stocks, commodities, currencies, and spot metals. The company’s expert team is dedicated to meeting the evolving demands of clients by broadening the array of products and services, enabling traders to invest according to their unique preferences.

    Risk Warning: Trading involves risk.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/25d6ff93-af6f-4d51-b584-4e27a0ed10ed

    The MIL Network

  • MIL-OSI Asia-Pac: Hong Kong and Mainland experts jointly study first discovery of dinosaur fossils in Hong Kong

    Source: Hong Kong Government special administrative region

         The Development Bureau (DEVB) and the Institute of Vertebrate Paleontology and Paleoanthropology (IVPP) of the Chinese Academy of Sciences (CAS) today (October 23) signed the Framework Agreement on Deepening Exchange and Collaboration regarding Stratigraphy, Palaeontology and Prehistoric Sites (Framework Agreement) to conduct scientific research, specimen management and identification, training, and exchanges in the fields of palaeontology, palaeoanthropology and palaeolithic sites. The study of dinosaur fossils discovered on Port Island is the inaugural project under the Framework Agreement.  
     
         Witnessed by the Secretary for Development, Ms Bernadette Linn, the Framework Agreement was signed by the Commissioner for Heritage of the DEVB, Mr Ivanhoe Chang, and the Vice Director of the IVPP of the CAS, Mr Liu Jun.  
     
         Dinosaur fossils were discovered for the first time in Hong Kong. The site is on Port Island in the Hong Kong UNESCO Global Geopark in the northeastern waters of Hong Kong. Ms Linn said that the discovery is of great significance and provides new evidence for research on palaeoecology in Hong Kong.
     
         The Antiquities and Monuments Office (AMO) of the DEVB was informed by the Agriculture, Fisheries and Conservation Department (AFCD) in March this year that the sedimentary rock on Port Island might contain suspected vertebrate fossils. The DEVB then commissioned experts from the IVPP to come to Hong Kong to conduct field investigation, study fossil specimens, recommend management plans and discuss follow-up actions. 
     
         Experts from the IVPP, officers from the DEVB, the AMO and the AFCD conducted site visits to Port Island to collect specimens which contain suspected vertebrate fossils. After taking a preliminary osteohistological analysis of specimens by the IVPP experts, the specimens have been identified as bone fossils of large aged dinosaur. Thereafter, IVPP experts prepared specimens containing dinosaur bone fossils, and it was initially confirmed that the fossils dated to the Cretaceous period (about 145 million to 66 million years ago). Further studies will have to be conducted to confirm the species of the dinosaur.
     
         The AMO and the AFCD, together with the IVPP, will jointly take forward the study of dinosaur fossils, including excavation of the fossils on Port Island and preparation of the fossils. They will also collaborate with universities in Hong Kong and other places to conduct scientific research, and construct the story of dinosaurs in Hong Kong.
     
         The AMO will hold talks tomorrow (October 24) afternoon at the Hong Kong Heritage Discovery Centre (HKHDC), where experts from the IVPP will talk about dinosaurs in China and relevant research. Participants will have the chance to preview the dinosaur fossils prepared at the HKHDC after the talks. The dinosaur fossils will be on public display at the HKHDC from October 25. In addition, the temporary workshop and exhibition space being built in the courtyard of the HKHDC is expected to open by the end of this year for the public to observe the experts’ preparation work and the fossils prepared. The Government will also devise plans for the long-term display of the fossils to enhance the public’s interest and knowledge in palaeontology.
     
         To facilitate future investigations, excavations and research on Port Island, the Director of Agriculture, Fisheries and Conservation announced the closure of the entire area of Port Island within Plover Cove (Extension) Country Park from today until further notice pursuant to the Country Parks and Special Areas Regulations (Cap. 208A). Patrols have been arranged together with the Marine Police. During the closure of Port Island, except approved experts and relevant personnel, no person shall land or enter Port Island. Offenders are liable to a maximum fine of $2,000 and three months’ imprisonment upon conviction.

    MIL OSI Asia Pacific News

  • MIL-OSI Europe: Written question – Delays to the framework for sustainable food systems – E-002079/2024

    Source: European Parliament

    15.10.2024

    Question for written answer  E-002079/2024
    to the Commission
    Rule 144
    Sebastian Everding (The Left), Per Clausen (The Left), Lynn Boylan (The Left), Catarina Martins (The Left)

    In its Farm to Fork Strategy, the Commission announced a number of important legislative initiatives. This strategy was welcomed by Parliament. In its resolution of 20 October 2021[1], among other things, Parliament endorsed the strategy’s proposed legislative framework for sustainable food systems, and set out initial guidelines for its basis.

    Since the announcement, however, the publication of a corresponding legislative proposal has been postponed several times by the Commission, and it has not yet been submitted. Parliament has therefore been unable to advance legislative action on the issue of sustainable food systems for three years.

    • 1.What is the current state of development of the proposal for a legislative framework for sustainable food systems?
    • 2.What is the planned schedule for publication of the proposal?
    • 3.To what extent have the results of the Strategic Dialogue on the Future of EU Agriculture been incorporated into the proposal’s preparation? This question is particularly relevant in view of the Strategic Dialogue’s recommendation to promote a plant-based diet in the EU.

    Submitted: 15.10.2024

    • [1] European Parliament resolution of 20 October 2021 on a farm to fork strategy for a fair, healthy and environmentally-friendly food system, OJ C 184, 5.5.2022, p. 2.
    Last updated: 23 October 2024

    MIL OSI Europe News

  • MIL-OSI Europe: Written question – Unfair competition for plant protection products – E-002072/2024

    Source: European Parliament

    15.10.2024

    Question for written answer  E-002072/2024
    to the Commission
    Rule 144
    Mireia Borrás Pabón (PfE)

    On 19 September 2024, Parliament adopted two objections to the Commission’s proposal to apply the same plant protection criteria to EU products and products imported from third countries. Under the current legislation, despite the fact that third-country products containing certain levels of these chemicals are to be allowed to enter the EU – following an impact study showing that they are not harmful – the chemicals continue to be banned for our farmers.

    This is further proof that, far from protecting European farmers, the Commission is actually permitting unfair competition, thereby undermining the sovereignty and integrity of our producers.

    In view of this:

    • 1.Does the Commission intend to continue to present proposals that impose limitations on our farmers and livestock breeders that put them at a disadvantage in relation to third countries?
    • 2.Given that the European Parliament has rejected its proposal for a regulation on the sustainable use of plant protection products and amending Regulation (EU) 2021/2115, will the Commission put forward a new proposal that takes account of the views of the primary sector without promoting a political agenda based on climate fanaticism?

    Submitted: 15.10.2024

    Last updated: 23 October 2024

    MIL OSI Europe News

  • MIL-OSI Asia-Pac: Union Food and Consumer Affairs Minister Shri Pralhad Joshi launches retail of Bharat Chana Dal Phase – II in Delhi-NCR by flagging off mobile vans

    Source: Government of India

    Union Food and Consumer Affairs Minister Shri Pralhad Joshi launches retail of Bharat Chana Dal Phase – II in Delhi-NCR by flagging off mobile vans

    Chana Dal at MRP Rs.70 per kg and Chana Whole at Rs.58 per kg is made available to consumers from 3 lakh ton of Chana stock

    Government of India committed towards ensuring availability of essential food items to consumers at affordable prices: Shri Pralhad Joshi

    Posted On: 23 OCT 2024 1:38PM by PIB Delhi

    Union Minister of Consumer Affairs, Food and Public Distribution & New and Renewable Energy, Shri Pralhad Joshi, launched the retail of Bharat Chana Dal Phase – II in Delhi-NCR by flagging off mobile vans of NCCF, NAFED and Kendriya Bhandar here today, in the presence of Ministers of State, Shri B.L. Verma and Smt. Nimuben Jayantibhai Bambhaniya.

    In Phase – II of Bharat Chana Dal, 3 lakh tons of Chana stock from the price stabilisation buffer is being converted to Chana Dal and Chana Whole for retail sale to consumers at MRP of Rs.70 per kg and Rs.58 per kg, respectively. Apart from Chana, the government had also expanded the Bharat brand to Moong and Masur Dals. The Bharat Moong Dal is retailed at Rs.107 per kg, Bharat Moong Sabut at Rs.93 per kg and Bharat Masur Dal at Rs.89 per kg. The resumption of Bharat Chana Dal at this time will enhance the supplies to consumers of Delhi-NCR in this festive season.

    While interacting with media persons during the event, Shri Joshi stated that the initiative is an affirmation of the Government of India’s commitment to ensuring the availability of essential food to the consumers at affordable prices. Direct interventions through retail sale of basic food items such as rice, atta, dals and onion have also helped in maintaining stable price regime.

    The Centre has taken various policy measures to ensure availability of pulses. In order to encourage domestic production, the government has raised the MSP of pulses year after year, and also announced the policy to procure Tur, Urad and Masur without ceiling for 2024-25 season. During Kharif 2024-25 sowing season, NCCF and NAFED had conducted awareness campaigns, seed distribution and pre-registration of farmers for assured procurement, and the same activities are being continued in upcoming Rabi sowing season. To augment domestic production and facilitate seamless import, the government has allowed duty free import of Tur, Urad, Masur and Chana till 31st March, 2025 and Yellow Peas import till 31st December, 2024. Enhanced area coverage of Kharif pulses this year, together with continuous inflow of imports have led to declining trend in the prices of most pulses since July, 2024. The retail prices of Tur dal, Urad dal, Moong dal and Masur dal have either declined or remained stable during the past three months.

    In respect of vegetables, the government had procured 4.7 lakh tonnes onions from the rabi crop for price stabilisation buffer through NCCF and NAFED. The government started the disposal of onions from the buffer from 5th September, 2024 and till date, 1.15 lakh tonnes has been disposed. NCCF has disposed onions in 77 centres across 21 States and NAFED in 43 centres in 16 States. To augment the pace of disposal, bulk transportation of onions by rail rakes have been adopted for the first time. NCCF had transported 1,600 MT (42 BCN wagons i.e. approximately 53 trucks) by Kanda Express from Nashik which arrived at Delhi on 20th October, 2024. NAFED has also arranged the transportation of 800 – 840 MT of onions to Chennai by rail rake. The rail rake to Chennai has left Nashik on 22nd October, 2024.

    Indent for shipments by rail rake to Lucknow and Varanasi has been placed by NCCF. The Department of Consumer affairs has also requested Indian Railways to allow transportation of onion rakes from Nashik to multiple locations across the North-eastern region which would include (i) NJP: New Jalpaiguri (Siliguri), (ii) DBRG- Dibrugarh, (iii) NTSK- New Tinsukia, and (iv) CGS: Changsari. This will ensure wider availability of onions in different regions of India ensuring its availability at a very reasonable price to consumers.

    ***

    Nihi Sharma

    (Release ID: 2067286) Visitor Counter : 105

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Union Minister, Ministry of Panchayati Raj, Shri Rajiv Ranjan Singh to Launch “Weather Forecasts at the Gram Panchayat Level” on 24th October 2024 at Vigyan Bhawan, New Delhi

    Source: Government of India (2)

    Union Minister, Ministry of Panchayati Raj, Shri Rajiv Ranjan Singh to Launch “Weather Forecasts at the Gram Panchayat Level” on 24th October 2024 at Vigyan Bhawan, New Delhi

    Villages to become Climate Resilient: Weather Forecasts will now be Available to Gram Panchayats

    Gram Panchayats to Get Access to 5-Day and Hourly Weather Forecasts

    Posted On: 23 OCT 2024 9:53AM by PIB Delhi

    The Ministry of Panchayati Raj (MoPR), in collaboration with the India Meteorological Department (IMD), Ministry of Earth Sciences (MoES), is set to launch a landmark and a transformative initiative to provide Gram Panchayats with 5 days daily weather forecasting and provision to check hourly weather forecast Gram Panchayat-Level Weather Forecasting – on 24th October 2024 at Vigyan Bhawan, New Delhi. This initiative, aimed at empowering rural communities and enhancing disaster preparedness at the grassroots, will directly benefit farmers and villagers across the country. As part of the Government’s 100 Days Agenda, this initiative strengthens grassroots governance and promotes sustainable agricultural practices, making rural populations more climate-resilient and better equipped to tackle environmental challenges.

    This is the first time that localized weather forecasts will be available at the Gram Panchayat level, supported by IMD’s expanded sensor coverage. The forecasts will be disseminated through the Ministry’s digital platforms: e-GramSwaraj, which enables efficient governance, project tracking, and resource management; the Meri Panchayat app, which fosters community engagement by allowing citizens to interact with local representatives and report issues; and Gram Manchitra, a spatial planning tool that provides geospatial insights for development projects.

    The launch will be graced by the presence of Shri Rajiv Ranjan Singh alias Lalan Singh, Minister of Panchayati Raj, Shri (Dr.) Jitendra Singh, Minister of State (Independent Charge) for Science and Technology & Earth Sciences, and Shri Prof. S. P. Singh Baghel, Minister of State for Panchayati Raj along with Shri Vivek Bharadwaj, Secretary, Ministry of Panchayati Raj, Shri Devesh Chaturvedi, Secretary, Ministry of Agriculture & Farmers Welfare, Dr. M. Ravichandran, Secretary, Ministry of Earth Sciences, Dr. Mrutyunjay Mohapatra, DG, India Meteorological Department, Shri Alok Prem Nagar, Joint Secretary, Ministry of Panchayati Raj and other senior officials from the Ministries of Panchayati Raj, Agriculture, Rural Development, National Disaster Management Authority (NDMA), Department of Science and Technology (DST), and other key stakeholders.

    A Training Workshop on “Weather Forecasts at the Gram Panchayat Level” will be organized to mark the launch of this pioneering initiative. The workshop will be attended by more than 200 participants, including Elected Representatives of Panchayati Raj Institutions and State Panchayati Raj officials. This training session will equip Panchayat representatives and functionaries with the knowledge and skills to effectively utilize weather forecasting tools and resources at the grassroots level, empowering them to make informed decisions and enhance climate resilience in their communities.

    This endeavour, a key component of the Government’s 100 Days Agenda, is a significant stride toward boosting local-level governance and cultivating climate-resilient villages. As weather patterns become increasingly unpredictable, the introduction of weather forecasting at the Gram Panchayat level will serve as a crucial tool in safeguarding agricultural livelihoods and enhancing rural preparedness against natural disasters. Gram Panchayats will receive daily updates on temperature, rainfall, wind speed, and cloud cover, empowering them to make critical decisions in agriculture, such as planning sowing, irrigation, and harvesting activities. These tools will also strengthen disaster preparedness and infrastructure planning. Furthermore, SMS alerts will be sent to Panchayat representatives regarding extreme weather events like cyclones and heavy rainfall, ensuring immediate action to protect lives, crops, and property. This endeavour is a transformative step toward building climate-resilient communities at the grassroots level.

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    AA

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    MIL OSI Asia Pacific News

  • MIL-OSI Europe: Swedish Minister for Health Care and Ukrainian Minister of Health sign agreement on continued support to Ukraine’s path to the EU and its health care

    Source: Government of Sweden

    Minister for Health Care Acko Ankarberg Johansson and Ukrainian Minister of Health Viktor Liashko have signed a technical agreement between Sweden and Ukraine. The aim is to intensify cooperation and advance Ukraine’s process of integration into the EU. Ms Ankarberg Johansson also visited several care facilities in Kyiv, including the Okhmatdyt children’s hospital that Russia attacked in July.

    “The Government has made clear that Swedish support to Ukraine will continue for as long as necessary. This includes the area of health care, which is an essential part of the country’s resilience and reforms. For me it was important to be here on the ground and show my support and that of the entire Government to the war-affected country,” said Ms Ankarberg Johansson.

    The agreement covers matters such as cooperation on transfer of knowledge to healthcare staff, efforts to combat antimicrobial resistance and exchange of experience of rehabilitation for Ukrainians affected by the war. It also covers cooperation and capacity-building aimed at supporting reforms that are required for EU integration in areas such as medicines.

    The ministers signed the agreement at Ukraine’s Ministry of Health. It builds on earlier agreements between the countries.

    Ukrainian translation of Swedish handbook on spinal cord injury

    Ms Ankarberg Johansson visited a hospital in Kyiv, where Spinalis Foundation co-founder Professor Claes Hultling presented the Ukrainian translation of the Foundation’s handbook A new page of life with spinal cord injury. Speakers during the presentation included First Lady of Ukraine Olena Zelenska, Mr Liashko, Ms Ankarberg Johansson and Professor Hultling.

    The Spinalis Foundation promotes research and rehabilitation of spinal injuries. 

    During the visit in Kyiv, Spinalis concluded an agreement on international medical partnership with the Rivne Regional Hospital for Veterans of War.

    Visit to bombed children’s hospital

    Ukraine’s largest children’s hospital, Okhmatdyt, is located in Kyiv. It was the target of a Russian missile attack on 8 July 2024, and a major portion of the hospital was destroyed in the attack and is in need of reconstruction. Ms Ankarberg Johansson was given a tour of the destruction and met with patients at the hospital.

    The Government has provided nearly SEK 10 million in support to help rebuild the children’s hospital. This support goes to the volunteer organisation Beredskapslyftet, which together with Astrid Lindgren’s Children’s Hospital at Karolinska University Hospital initiated the project and is responsible for purchasing equipment.

    Following the attack, the Government decided to provide immediate humanitarian aid, which was channelled via the United Nations Children’s Fund (UNICEF) and distributed directly to the affected children and their families.

    Ms Ankarberg Johansson’s visit to Kyiv took place on 15–16 October. During her stay, she also visited a primary care clinic in Makariv that was rebuilt following an attack in March 2022 and met with injured soldiers who had undergone surgical reconstruction at a military hospital. Ms Ankarberg Johansson later stopped by the pharmaceutical company Farmak and attended the conference ‘European Integration of Ukraine: Healthcare’ to deliver an opening address.

    MIL OSI Europe News

  • MIL-OSI Asia-Pac: First dinosaur fossils found in HK

    Source: Hong Kong Information Services

    Dinosaur fossils initially confirmed to be dated to the Cretaceous period were discovered for the first time on Port Island in the Hong Kong UNESCO Global Geopark in the northeastern waters of Hong Kong, the Development Bureau (DEVB) today announced.

    The bureau also today signed a framework agreement with the Institute of Vertebrate Paleontology & Paleoanthropology (IVPP) of the Chinese Academy of Sciences to conduct scientific research, specimen management and identification, training, and exchanges in the fields of palaeontology, palaeoanthropology and palaeolithic sites.

    Witnessed by Secretary for Development Bernadette Linn, the Framework Agreement on Deepening Exchange & Collaboration regarding Stratigraphy, Palaeontology & Prehistoric Sites was signed by the DEVB’s Commissioner for Heritage Ivanhoe Chang and IVPP Vice Director Liu Jun, with the study of dinosaur fossils discovered on Port Island as the inaugural project under the framework agreement.

    Ms Linn said the discovery is of great significance and provides new evidence for research on palaeoecology in Hong Kong. 

    In March, the DEVB’s Antiquities & Monuments Office (AMO) was informed by the Agriculture, Fisheries & Conservation Department (AFCD) that the sedimentary rock on Port Island might contain suspected vertebrate fossils.

    The DEVB then commissioned experts from the IVPP to come to Hong Kong to conduct field investigations, study fossil specimens, recommend management plans and discuss follow-up actions.

    Experts from the IVPP and officers from the DEVB, the AMO and the AFCD conducted site visits to Port Island to collect specimens which contain suspected vertebrate fossils.

    After taking a preliminary osteohistological analysis of specimens by the IVPP experts, the specimens have been identified as large aged dinosaur bone fossils.

    Thereafter, IVPP experts prepared specimens containing dinosaur bone fossils, and it was initially confirmed that the fossils dated to the Cretaceous period about 145 million to 66 million years ago. Further studies will have to be conducted to confirm the species of the dinosaur.

    The AMO, the AFCD and the IVPP will jointly take forward the study of dinosaur fossils, including excavation of the fossils on Port Island and preparation of the fossils.

    They will also collaborate with universities in Hong Kong and other places to conduct scientific research, and construct the story of dinosaurs in Hong Kong.

    The AMO will hold talks tomorrow afternoon at the Heritage Discovery Centre, where experts from the IVPP will talk about dinosaurs in China and relevant research. Participants will have the chance to preview the dinosaur fossils afterwards.

    The dinosaur fossils will be on public display at the centre from Friday. In addition, the temporary workshop and exhibition space being built at the centre is expected to open by the end of this year for the public to observe the experts’ preparation work and the fossils prepared.

    The Government will also devise plans for the long-term display of the fossils to enhance the public’s interest and knowledge in palaeontology.

    To facilitate future investigations, excavations and research on Port Island, the Director of Agriculture, Fisheries & Conservation announced the closure of the entire area of Port Island within Plover Cove (Extension) Country Park from today until further notice. Patrols have been arranged together with Marine Police.

    During the closure, no person shall land or enter Port Island, except for approved experts and relevant personnel. Offenders are liable on conviction to a maximum fine of $2,000 and imprisonment for three months.

    MIL OSI Asia Pacific News

  • MIL-OSI United Kingdom: Play your part in a greener, more resilient Plymouth

    Source: City of Plymouth

    From Monday 4 to Friday 8 November, in celebration of Green Careers Week, the Skills team at Plymouth City Council are inviting local people to take part in activities that will inspire them to get involved in developing the city’s green economy.

    Students, career changers, job seekers, or anyone simply interested in the transition to a more sustainable and green economy can sign up to attend free sessions that aim to inspire local people to contribute to a sustainable future, while also exploring the range of green careers available in Plymouth.

    Councillor Tom Briars-Delve, Cabinet Member for Environment and Climate Change, said: “Whether you’re interested in renewable energy, conservation, or sustainable construction, taking part in these Green Careers Week activities can help you to find out how your skills can play a part in a greener, more resilient Plymouth.

    “There’s a fantastic line-up of activities with organisations including MVV Plymouth, Fugro, Marine Biological Association, Plymouth Sound National Marine Park, Poole Farm, Secure Forests, the University of Plymouth, Plymouth City Bus and Southwest Highways, and it’s a great chance for people to find out more about the career opportunities that are out there.

    “Join us to discover how various sectors in our city are contributing to a sustainable future and explore the range of green careers available!”

    Click here to view the programme and for details on Green Careers Week with Skills Launchpad Plymouth.

    If you are interested in participating in Green Careers Week, please click here to sign up. You can also email skillslaunchpad@plymouth.gov.uk  

    ​​​

    MIL OSI United Kingdom

  • MIL-OSI: Clinical ink Announces the Promotion of John Pappadakis to Chief Commercial Officer and Megan Petrylak to Chief Operating Officer

    Source: GlobeNewswire (MIL-OSI)

    Winston Salem, NC, Oct. 23, 2024 (GLOBE NEWSWIRE) — Clinical ink, a global life science technology company, announces the promotion of John Pappadakis from EVP, Global Business Development to Chief Commercial Officer and Megan Petrylak from EVP, Clinical Operations to Chief Operating Officer. Jonathan Goldman MD, CEO of Clinical ink commented: “I am delighted to announce the promotion of two of our most seasoned and experienced executives.  With John Pappadakis as CCO, and Megan Petrylak as COO, Clinical ink has the ideal leadership team to drive us to the next phase of growth.  Our unwavering focus on quality and innovation make us the partner of choice for our biopharmaceutical partners and the patients they serve.”

    John Pappadakis, Chief Commercial Officer

    John Pappadakis has 34 years of experience in sales and marketing leadership roles within the pharma industry. His career includes commercial and R&D positions at Oracle and IMS Health, following positions of increasing seniority at Pfizer and Parke-Davis where he launched over 30 new molecular entities.

    As Clinical ink’s EVP, Global Business Development, John devised an innovative go-to-market strategy centered around the addition of scientific and medical expertise, and the incorporation of new FDA requirements into the Clinical ink technology platform.  His vision inspired the creation of the company’s newest integrated cardiometabolic product, GlucoseReady™ Under his leadership, the company recruited a world-class commercial team and demonstrated record levels of key BD metrics.

    As Chief Commercial Officer, John will further diversify Clinical ink’s customer base with the addition of new large, medium and small biopharmaceutical companies, whilst solidifying the company’s CRO relationships and other industry alliances.  His plans include the deepening of the therapeutic area focus on cardiometabolic, CNS, immunology and oncology, the introduction of an end-to-end decentralized/digital health platform centered around eCOA and EDCXtra™, as well as new licensing-based business models.  Moving forward, John will be announcing novel and transformative AI-driven clinical trial innovations.

    Megan Petrylak, Chief Operating Officer

    Megan Petrylak has over 14 years of clinical trial experience in senior operational leadership roles. She has particularly focused on driving successful outcomes in phase 1-3 clinical trials for a wide range of global biopharmaceutical and CRO customers. Prior to her 6 year tenure at Clinical ink, Megan served as Director of Project Delivery at Worldwide Clinical Trials. Prior to that role, she headed Bioclinica’s centers for imaging and eClinical project management.

    As EVP, Clinical Operations, Megan oversaw Clinical ink’s entire customer, site, and patient-facing operations function.  She augmented the team with deep expertise in data management and data quality, mandating a quality-first culture. This resulted in impressive increases in customer satisfaction, complemented by significant reductions in all study build and execution metrics and excellent quality outcomes.  In addition, Megan’s team successfully launched new products including GlucoseReady™ and EDCXtra™ and has developed a range of industry partnerships including TransPerfect for translations and eClinical Solutions for complex data solutions.  Her deep subject matter expertise in eCOA and data management has been recognized at numerous industry consortia and she has served as an expert speaker at meetings such as the Society of Clinical Data Management.

    In her new role as Chief Operating Officer, Megan will oversee significant growth in Clinical ink’s revenue, broadening the customer base and expanding the range of integrated solutions. Her plans include upscaling the team to support the planned growth in revenue and margin profile, aided by automation of key operational and data processes. Megan will continue to prioritize quality to drive operational excellence and ensure exceptional delivery to clients.  

    About Clinical ink

    Clinical ink is the global life science company bringing data, technology, and patient-centric research together. Our deep therapeutic-area expertise, coupled with behavioral science, eDC/Direct Data Capture, eCOA, eConsent, telehealth, and digital biomarkers advancement (including the use of Continuous Glucose Monitoring for detection of hypoglycemia), support the next generation of clinical trials and ultimately, the clinical management of patients.

    The MIL Network

  • MIL-OSI Global: How advertising jingles influence our buying choices (and why we can still sing them decades later)

    Source: The Conversation – UK – By Kelly Jakubowski, Associate Professor in Music Psychology, Durham University

    Matthew Nichols1/Shutterstock

    Even if we haven’t heard them for many years, familiar songs often stick with us for life. We can often recall every lyric to songs we learned as kids or albums we idolised as teenagers. But beyond music we’ve purposely chosen to listen to or learn, one type of music seems to stick with us without any effort: the jingle.

    Jingles have a long history in the advertising industry. The first known radio jingle in the UK – Have You Tried Wheaties? – was launched in 1926. Jingles have since become a major feature of our everyday lives.

    Recent market research found that several of the ten most recognisable jingles for UK adults dated back three or even four decades. While comparison site Go Compare topped the list, Mars’ “work, rest and play” jingle (axed in the mid-1990s) and even Shake ‘n’ Vac “put the freshness back” (1980) are still buzzing about in the heads of those polled.

    So why do these songs stick with us? And what effect does this have on what we buy?

    Jingles become memorable in different ways. Some advertisers use familiar songs, which are inherently easier to remember, in a new context. For instance, the Go Compare jingle uses the traditional song Over There and couples it with the comic visual element of an over-the-top opera singer. The “Just one Cornetto” campaign (launched in 1981) similarly takes a classical melody (O sole mio) and tweaks it to sell ice cream.

    Other jingles make use of musical elements that make them likely to become “earworms” – those tunes that get stuck in our heads whether we like them or not. In research examining a large collection of pop music, my team found that songs that were likely to become earworms had upbeat tempos, often in the range that would make a person want to dance along. Many jingles, such as “Do the Shake ‘n’ Vac” and “I feel like Chicken Tonight” fit this pattern.

    Indeed, other research has shown that when people either move or sing along to catchy songs, they are more likely to subsequently experience these songs as earworms. It has also been found that having an earworm for a song you have recently learned means you will remember that song better later on.

    Lyrics can also play an important role in the memorability of a song or product. The alliterative lyrics of “Maybe it’s Maybelline” ensure that even a consumer who has never heard of this brand will easily recall its name the next time they are in the shop.

    Links to other times in our life

    It’s not just features of the music that give jingles such a stronghold in our memories. Music tends to be closely associated with the contexts in which we’ve heard it. That is, it often becomes closely entwined with autobiographical memories from our lives.

    Hearing a jingle from our childhood can therefore bring back memories not just of hearing that song, but the living room we grew up in, and the feeling of sitting around the TV with family watching together. Jingles therefore can be a strong trigger of nostalgia.

    Research has shown that the period when we are around ten to 25 years old tends to be remembered most vividly. Music cues are also best at tapping into memories of this period, which is known as the “reminiscence bump”.

    In line with this, the same consumer research also revealed different recognition rates for jingles across age groups. For instance, for millennials, McDonalds’ “I’m lovin’ it” ranked number two in the top-recognised jingles list and “Maybe it’s Maybelline” came in at number five.

    More than 40 years on, plenty of Brits will still be able to sing along.

    Some brands also explicitly aim to merge this nostalgic element with staying on trend. Maybelline has recently reinvented its jingle, incorporating dance music elements to appeal to gen Z audiences while retaining features of the classic 1990s jingle that connects millennials to their youth.

    So does writing a memorable jingle help to sell a product? In short, yes. Research that examined choices of two products from the same category (for example, cameras) showed that products coupled with a familiar tune were more likely to be chosen than those coupled with an unfamiliar tune.

    However, liking the music also independently affected product choice. In particular, music that participants really disliked tended to put them off choosing a product even if the tune was familiar. This suggests that advertisers do need to carefully consider the musical preferences of their target market over and above simply writing catchy tunes.

    Music has a strong hold on our memories. The same features that help us to learn the alphabet through music or transport us back to the first dance at our wedding also mean we are able to effortlessly recall which cleaning product promises that washing machines live longer.

    Kelly Jakubowski consults for Maybelline (L’Oréal Groupe). She receives research funding from The Leverhulme Trust and AHRC.

    ref. How advertising jingles influence our buying choices (and why we can still sing them decades later) – https://theconversation.com/how-advertising-jingles-influence-our-buying-choices-and-why-we-can-still-sing-them-decades-later-241162

    MIL OSI – Global Reports

  • MIL-OSI Global: How beef became a marker of American identity

    Source: The Conversation – USA – By Hannah Cutting-Jones, Assistant Professor, Department of Global Studies; Director of Food Studies, University of Oregon

    Beef dominates American diets. In 2022, Americans consumed almost 30 billion pounds of beef. Johnrob/E+ via Getty Images

    Beef is one of America’s most beloved foods. In fact, today’s average American eats three hamburgers per week.

    American diets have long revolved around beef. On an 1861 trip to the United States, the English novelist Anthony Trollope marveled that Americans consumed twice as much beef as Englishmen. Through war, industry, development and settlement, America’s love of beef continued. In 2022, the U.S. as a whole consumed almost 30 billion pounds (13.6 billion kilograms) of it, or 21% of the world’s beef supply.

    Beef has also reached iconic status in American culture. As “Slaughterhouse-Five” author Kurt Vonnegut once penned, “Being American is to eat a lot of beef, and boy, we’ve got a lot more beef steak than any other country, and that’s why you ought to be glad you’re an American.”

    In part, the dominance of beef in American cuisine can be traced to settler colonialism, a form of colonization in which settlers claim – and then transform – lands inhabited by Indigenous people. In America, this process centered on the systemic and often violent displacement of Native Americans. Settlers brought with them new cultural norms, including beef-heavy diets that required massive swaths of land for grazing cattle.

    As a food historian, I am interested in how, in the 19th century, the beef industry both propelled and benefited from colonialism, and how these intertwined forces continue to affect our diets, culture and environment today.

    Cattle and cowboys

    Beginning in the 16th century, the first Europeans to settle across the Americas – and later, Australia and New Zealand – brought their livestock with them. A global economy built on appropriated Indigenous territories allowed these nations to become among the highest consumers and producers of meat in the world.

    The United States in particular tied its burgeoning national identity and westward expansion to the settlement and acquisition of cattle-ranching lands. Until 1848, Arizona, California, Texas, Nevada, Utah, western Colorado and New Mexico were part of Mexico and inhabited by numerous tribes, Indigenous cowboys and Mexican ranchers.

    The Mexican-American War, which lasted from 1846-48, led to 525,000 square miles being ceded to the United States – land that became central to American beef production. Gold, discovered in the northern Sierra by 1849, drew hundreds of thousands more settlers to the region.

    The desire for cattle-supporting land played an integral role in the systematic decimation of bison populations, as well. For thousands of years, Native Americans relied on bison for physical and cultural survival. At least 30 million roamed the western United States in 1800; by 1890, 60 million head of cattle had taken their place.

    Beef replaces bison

    It is no coincidence that the rise of an extensive and powerful American beef industry coincided with the near-elimination of bison across the United States.

    Bison populations were already in steep decline by the mid-1800s, but after the Civil War, as industrialization transformed transportation, communication and mass production, the U.S. Army actively encouraged the wholesale slaughter of bison herds.

    In 1875, Philip Sheridan, a general in the U.S. Army, applauded the impact bison hunters could have on the beef industry. Hunters “have done more in the last two years, and will do more in the next year, to settle the vexed Indian question, than the entire regular army has done in the last forty years,” Sheridan said. “They are destroying the Indians’ commissary … (and so) for a lasting peace, let them kill, skin and sell until the buffaloes are exterminated. Then your prairies can be covered with speckled cattle.”

    In 1884, with no hint of irony, the U.S. Department of Indian Affairs constructed a slaughterhouse on the Blackfeet Reservation in Montana and required tribal members to provide the factory’s labor in exchange for its beef.

    By 1888, New York politician and sometimes rancher Theodore Roosevelt described Western stockmen as “the pioneers of civilization,” who with “their daring and adventurousness make the after settlement of the region possible.” Later, during Roosevelt’s presidency – from 1900 to 1908 – the U.S. claimed another 230 million acres of Indigenous lands for public use, further opening the West to ranching and settlement.

    The Union Stock Yards in Chicago, the most modern slaughterhouse of the era, opened on Christmas Day in 1865 and marked a turning point for industrial beef production. No longer delivered “on the hoof” to cities, cattle were now slaughtered in Chicago and sent East as tinned meat or, after the 1870s, in refrigerated railcars.

    Processing over 1 million head of cattle annually at its height, the Union Stock Yards, a global technological marvel and international tourist attraction, symbolized industrial progress and inspired national pride.

    Beef consumption has become part of the American origin myth of rugged individualism.
    pastorscott via Getty Images.

    Where’s the beef?

    By the turn of the 20th century, beef was solidly linked to American identity both at home and globally. In 1900, the average American consumed over 100 pounds of beef per year, almost twice the amount eaten by Americans today.

    Canadian food writer Marta Zaraska argues in her 2021 book “Meathooked” that beef became a key part of the American origin myth of rugged individualism that was emerging at this time. And cowboys, working the grueling cattle drives, came to embody values linked to the frontier: self-reliance, strength and independence.

    Popular for decades as a street food, America’s proudest culinary invention – the hamburger – debuted at the St. Louis World’s Fair in 1904 alongside other novelties such as Dr. Pepper and ice cream.

    After World War II, suburban markets and fast-food chains dominated the American foodscape, where beef burgers reigned supreme. By the end of the century, more people around the globe recognized the golden arches of McDonald’s than the Christian cross.

    At the same time, national programs reinforced food insecurity for Native Americans. In efforts to eventually dissolve reservations and open these lands to private development, for example, in 1952 the U.S. government launched the Voluntary Relocation Program, in which the Bureau of Indian Affairs persuaded many living on reservations to move to cities. The promised well-paying jobs did not materialize, and most of those who relocated traded rural for urban poverty.

    The true cost of a burger

    Plant- and lab-based meat companies are making headway into restaurants and food markets.
    coldsnowstorm/iStock via Getty Images Plus

    Policies encouraging settler colonialism ultimately led to more sedentary lifestyles and a dependence on fast, convenient and processed foods – such as hamburgers – regardless of the individual or environmental costs.

    In recent decades, scientists have warned that industrial meat production, and beef in particular, fuels climate change and leads to deforestation, soil erosion, species extinction, ocean dead zones and high levels of methane emissions. It is also a threat to biodiversity. Nutritionist Diego Rose believes the best way “to reduce your carbon footprint (is to) eat less beef,” a view shared by other sustainability experts.

    As of January 2022, about 10% of Americans over the age of 18 considered themselves vegetarian or vegan. Another recent study found that 47% of American adults are “flexitarians” who eat primarily, but not wholly, plant-based diets.

    At the same time, small-scale farmers and cooperatives are working to restore soil health by reintegrating cows and other grazing animals into sustainable farming practices to produce more high-quality, environmentally friendly meat.

    More encouraging still, tribes in Montana – Blackfeet Nation, Fort Belknap Indian Community, Fort Peck Assiniboine and Sioux Tribes, and South Dakota’s Rosebud Sioux – have reintroduced bison to the northern Great Plains to revive the prairie ecosystem, tackle food insecurity and lessen the impacts of climate change.

    Even so, in the summer of 2024, Americans consumed 375 million hamburgers in celebration of Independence Day – more than any other food.

    Hannah Cutting-Jones does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    ref. How beef became a marker of American identity – https://theconversation.com/how-beef-became-a-marker-of-american-identity-214824

    MIL OSI – Global Reports

  • MIL-OSI Global: Americans use the Book of Revelation to talk about immigration – and always have

    Source: The Conversation – USA – By Yii-Jan Lin, Associate Professor of New Testament and Public Voices Fellow, Yale University

    A French tapestry depicts Saint John the Evangelist gazing at the New Jerusalem. Octave 444 via Wikimedia Commons

    During a campaign speech in Latrobe, Pennsylvania, on Oct. 19, 2024, Donald Trump promised to save the country from immigrants: “I will rescue every town across America that has been invaded and conquered, and we will put these vicious and bloodthirsty criminals in a jail or kick them out of our country.”

    Depicting immigrants as a threat has been a pillar of Trump’s message since 2015. And the types of terms he uses aren’t just disparaging. It might not seem like it, but Trump is continuing a long tradition in American politics: using language shaped by the Bible.

    When the former president says those at the border are “poisoning the blood of our country,” “animals” and “rapists,” his vocabulary mirrors verses from the New Testament. The Book of Revelation, the last book of the Bible, says those kept out of the city of God are “filthy”; they are “dogs and sorcerers and sexually immoral and murderers and idolaters and everyone who loves and practices falsehood.”

    In fact, Americans have been using the Bible for centuries to talk about immigrants, especially those they want to keep out. As a scholar of the Bible and politics, I’ve studied how language from Revelation shaped American ideas about who belongs in the United States – the focus of my book, “Immigration and Apocalypse.”

    The shining city

    The Book of Revelation describes a vision of the end of the world, when the wicked are punished and the good rewarded. It tells the story of God’s enemies, who worship the evil Beast of the Sea, bear his mark on their body and threaten God’s people. Because of their wickedness, they suffer diseases, catastrophes and war until they are finally destroyed in the lake of fire.

    God’s followers, however, enter through the gates of the walls surrounding the New Jerusalem, a holy city that comes down from heaven. God’s chosen people enter through the gates and live in the shining city for eternity.

    18th century evangelists like the English preacher John Wesley urged sinners to take the path of righteousness, toward the New Jerusalem.
    Photo 12/Universal Images Group via Getty Images

    Throughout American history, many of its Christian citizens have imagined themselves as God’s saints in the New Jerusalem. Puritan colonists believed they were establishing God’s kingdom, both metaphorically and literally. Ronald Reagan likened the nation to the New Jerusalem by describing America as a “shining city … built on rocks stronger than oceans, wind-swept, God-blessed, and teeming with people of all kinds living in harmony and peace,” but with city walls and doors.

    Reagan was specifically quoting Puritan John Winthrop, one of the founders of Massachusetts Bay Colony, whose use of the “city on a hill” phrase quotes Jesus’ Sermon on the Mount. But Reagan’s detailed description closely matches that of the New Jerusalem in Revelation 21. Like God’s heavenly city, Reagan’s picture of America also has strong foundations, walls and gates, and people from every nation bringing in tribute.

    Barring the gates

    If people imagine the U.S. as God’s city, then it’s easy also to imagine enemies who want to invade that city. And this is how unwanted immigrants have been depicted through American history: as enemies of God.

    In the 19th century, when virtually all politicians were Protestant, anti-Catholic politicians accused Irish immigrants of bearing the “mark of the Beast” and being loyal to the “Antichrist”: the pope. They claimed that Irish immigrants could form an unholy army against the nation.

    At the turn of the century, “yellow peril” novels against Chinese immigration imagined a heathen horde taking over the U.S. At the end of one such book, China itself is depicted as a satanic “Black Dragon,” forcing its way through “the Golden Gate” of America.

    ‘Uncle Sam’s Farm in Danger’: an 1878 cartoon by G. F. Keller depicts Chinese emigrants fleeing famine.
    The Wasp via Wikimedia Commons

    And all immigrant groups who were unwanted at one time or another have been accused of being “filthy” and diseased, like the enemies of God in Revelation. Italians, Jews, Irish, Chinese and Mexicans were all, at some point, targeted as unhealthy and carrying illness.

    In political cartoons from the turn of the 20th century, Eastern European and Jewish immigrants were depicted as rats, while Chinese immigrants were portrayed as a horde of grasshoppers – echoing imagery from Revelation, where locusts with human faces swarm the Earth. During COVID-19, an event itself considered apocalyptic, xenophobic fear has focused on Asian Americans and migrants at the U.S.-Mexico border.

    This constellation of labels from Revelation – plague-bearing, bestial, invading, sexually corrupt, murderous – has been reused and recycled throughout American history.

    A 1909 political cartoon by S.D. Ehrhart.
    Library of Congress

    ‘Heaven has a wall’

    Trump himself has described immigrants as diseased, “not human,” sexual assaulters, violent and those “who don’t like our religion.”

    Others have more explicitly used images from Revelation to talk about immigration. Pastor Robert Jeffress, who preached at Trump’s 2017 inauguration church service, told viewers on Fox News’ “Fox & Friends,” “God is not against walls, walls are not ‘un-Christian,’ the Bible says even heaven is going to have a wall around it.” The Conservative Political Action Conference held a panel in 2017 titled “If Heaven Has a Gate, A Wall, and Extreme Vetting, Why Can’t America?” There are even bumper stickers that say, “Heaven Has A Wall and Strict Immigration Policy / Hell Has Open Borders.”

    Revelation 21 indeed describes the heavenly New Jerusalem with a massive shining wall, “clear as crystal,” with pearls for gates. Trump, similarly, talks about his “big, beautiful door,” set in a “beautiful,” massive wall that also has to be “see-through.”

    The city of God metaphor has long been a tool for American leaders – both to idealize the nation and to warn against immigration. But the concept of a walled-in city seems increasingly outdated in a digitally connected, global world.

    As migration continues to rise around the world due to climate change and conflict, I’d argue that these metaphors and the attitudes they drive are not just obsolete, but exacerbating crisis.

    Yii-Jan Lin does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    ref. Americans use the Book of Revelation to talk about immigration – and always have – https://theconversation.com/americans-use-the-book-of-revelation-to-talk-about-immigration-and-always-have-240969

    MIL OSI – Global Reports

  • MIL-OSI Europe: Debates – Monday, 21 October 2024 – Strasbourg – Provisional edition

    Source: European Parliament

    Verbatim report of proceedings
     413k  815k
    Monday, 21 October 2024 – Strasbourg Provisional edition

       

    IN THE CHAIR: ROBERTA METSOLA
    President

     
    1. Resumption of the session

     

      President. – I declare resumed the session of the European Parliament adjourned on Thursday, 10 October 2024.

     

    2. Opening of the sitting

       

    (The sitting opened at 17:03)

     

    3. Statements by the President

     

      President. – Dear colleagues, on the results of the presidential election and referendum in Moldova, the people in Moldova have chosen their future: they chose hope, stability, opportunity. They chose Europe.

    (Applause)

    The European Parliament strongly condemns any activities and interferences in Moldova’s presidential election and constitutional referendum on EU integration.

    We are proud to be one of Moldova’s strongest allies and supporters. We understand that Moldova’s future lies within the European Union and we fully support its EU accession path.

    President Maia Sandu and her government have already made remarkable progress in implementing reforms. And while the road ahead may not always be easy, I want to assure our European Moldovan friends that the European Parliament will continue to be with them every step of the way.

    Also, dear colleagues, on 16 October we marked 7 years since the brutal assassination of Daphne Caruana Galizia, a Maltese investigative journalist who exposed corruption and organised crime. Those who thought they could silence her were wrong. In fact, her work sparked a movement that echoes in every corner where we pursue a Europe that protects journalists, that respects the rule of law.

    I am grateful to have known Daphne beyond her writing: as a woman battling the odds; as a mother who was so proud of the men her boys grew into; as a daughter, wife and sister who wanted more from her country. And she raised the bar for all of us in politics. But most of all, today I think about how we must keep Daphne’s memory alive; how the European Parliament will keep pushing for the truth, for justice and for accountability.

    It is for this reason that the European Parliament is proud to be hosting the fourth edition of the Daphne Caruana Galizia Prize for outstanding journalism. And I take this moment to encourage you to attend the award ceremony this Wednesday in the Daphne Caruana Galizia Press Room, to honour the bravery of all those who continue to carry her legacy forward.

    This House remembers her and we honour her legacy.

    (Applause)

     

    4. Approval of the minutes of the previous sitting

     

      President. – The minutes and the texts adopted of the sitting of 10 October 2024 are available. Are there any comments? No? The minutes are therefore approved.

     

    5. Composition of Parliament

     

      President. – The competent authorities of Poland have notified me of the election of Hanna Gronkiewicz-Waltz to the European Parliament, replacing Marcin Kierwiński with effect from 10 October 2024.

    I wish to welcome our new colleague and recall that she takes her seat in Parliament and its bodies in full enjoyment of her rights, pending the verification of her credentials.

     

    6. Composition of committees and delegations

     

      President. – The PfE Group has notified me of decisions relating to changes to appointments within the committees and delegations. These decisions will be set out in the minutes of today’s sitting and take effect on the date of this announcement.

     

    7. Negotiations ahead of Council’s first reading (Rule 73)

     

      President. – The TRAN Committee has decided to enter into interinstitutional negotiations ahead of Council’s first reading, pursuant to Rule 73 of the Rules of Procedure.

    The positions adopted by Parliament at first reading, which constitute the mandates for those negotiations, are available on the plenary webpage, and their titles will be published in the minutes of this sitting.

     

    8. Corrigenda (Rule 251)

     

      President. – The competent committees have transmitted nine corrigenda to texts adopted by Parliament.

    Pursuant to Rule 251, these corrigenda will be deemed approved unless, no later than 24 hours after their announcement, a request is made by a political group or Members reaching at least the low threshold that they be put to the vote.

    The corrigenda are available on the plenary webpage. Their titles will be published in the minutes of this sitting.

     

    9. Signing of acts adopted in accordance with the ordinary legislative procedure (Rule 81)




     

      Marc Botenga (The Left). – Madame la Présidente, vous savez que, sur la base de l’article 188, les députés européens gagnent facilement 14 000 euros par mois. Pourtant, chaque année, notre groupe demande de baisser ces salaires pour que les députés soient un tout petit peu plus en phase avec la réalité des travailleurs, qui, eux, peinent à boucler les fins de mois. Chaque année, ce vote permet de démasquer les députés qui, d’une part, prêchent l’austérité et la misère pour les travailleurs, mais, d’autre part, s’octroient, eux, un salaire généreux de 14 000 euros par mois.

    Mais aujourd’hui, en coulisses, vous nous dites que ce n’est plus acceptable et vous voulez empêcher ce vote – je sais bien, chers collègues, que vous ne voulez pas que l’on touche à vos privilèges. Vous nous dites que ces revenus sont garantis par d’autres textes. Mais justement, en refusant aujourd’hui de voter le budget nécessaire, nous pouvons ouvrir cette porte pour faire le premier pas et revoir tout cela.

    L’année dernière, vous aviez permis ces amendements. Qu’est-ce qui a changé, qui ne serait plus vrai aujourd’hui? Serait-ce parce que la campagne électorale est terminée? Madame la Présidente, je vous prie, revoyez cette décision. La politique sert à servir et non à se servir.

     
       

     

      President. – Thank you very much, Mr Botenga. I will give you the explanation.

    You file a point of order under Rule 188, which is actually a point of order, but I will answer you. The amendments tabled by your group on the lines and figures of the general budget 2025 concerning salaries and allowances, etc., have been examined and declared inadmissible, simply because we want to apply the rules.

    And I will tell you why: it is because they are in contradiction with the existing regulations, in other words, the Statute for Members of the European Parliament and the Council Regulation determining the emoluments of EU high-level public office holders, based on Articles 243 TFEU and 223 TFEU. So the right procedure would be to call on the responsible institutions to amend the mentioned regulations.

    However, you will have seen as well, in this spirit, that the corresponding amendment that you tabled to the resolution on the general budget calling for this change has been declared admissible, because that can be declared admissible.

     
       

     

      João Oliveira (The Left). – Senhora Presidente, quero expressar o meu total desacordo com a sua decisão discricionária e sem fundamento de recusar, sem justificação, a proposta de debate sobre o agravamento da situação humanitária em Gaza, na sequência das declarações do coordenador especial da ONU para o processo de paz no Médio Oriente. Na quinta-feira, a ONU declarou que mais de um milhão e oitocentos mil palestinianos enfrentam fome extrema. Ontem mesmo, aquele coordenador especial da ONU emitiu um comunicado falando de pesadelo, cenas horripilantes na zona norte, ataques israelitas implacáveis e uma crise humanitária cada vez pior e, cito, que «nenhum lugar é seguro em Gaza», condenando os contínuos ataques contra civis. Aquele responsável disse: «A guerra tem de parar agora».

    Apesar de tudo isto ter acontecido em condições que permitiam que o debate aqui fosse feito, a senhora presidente recusou aceitar sequer a proposta. Desafio-a a colocar à votação este pedido de debate. Enquanto continuarem a chover bombas em Gaza, a morrer crianças, mulheres e civis, este debate será sempre urgente e imprescindível.

     
       


     

      Virginie Joron (PfE). – Madame la Présidente, chers collègues, chers démocrates, chers légalistes, je souhaite faire un rappel au règlement. Son article 219 prévoit le respect de l’égalité des genres dans la composition des bureaux des commissions. Cette égalité n’est pourtant pas respectée, pas plus que le résultat des urnes, c’est-à-dire de la démocratie.

    En effet, Madame la Présidente, vous avez accepté de ne pas respecter la démocratie en accordant une dérogation au principe de l’égalité des genres pour M. Weber dans plusieurs bureaux de commissions, ignorant par là même plus de 20 millions de nos électeurs.

    Comment pouvez-vous accepter que la commission CONT, qui contrôle le budget de l’Union européenne – et qui doit donner l’exemple –, continue de ne pas respecter nos règles? Vous souhaitez exporter l’égalité des genres jusqu’au Kazakhstan ou encore lui consacrer une semaine en décembre, mais ce principe n’est déjà pas respecté au sein de la commission CONT, au cœur même de notre institution. En ne disposant pas d’une quatrième vice-présidence, la composition du bureau de la commission CONT viole notre règlement.

    Madame la Présidente, je vous remercie de faire le nécessaire pour mettre un terme à cette hypocrisie et respecter notre devise, «Unie dans la diversité».

     
       


     

      Manon Aubry (The Left). – Madame la Présidente, chers collègues, ça tombe bien, j’avais envie de vous parler de démocratie et de faire un rappel au règlement sur la base de l’article 154, qui traite des accords interinstitutionnels, pour évoquer l’état des négociations entre l’Union européenne et le Mercosur. Je vais commencer, chers collègues, par une question assez simple: qui trouve normal que le plus important accord de libre-échange jamais conclu par l’Union européenne soit en train d’être signé en catimini, sans que notre Parlement ait la moindre information, quelle qu’elle soit? Allez-y, dites-moi qui est d’accord avec cela et levez la main.

    Vous le voyez bien – et j’ai fait le compte –, cela fait exactement cinq ans que la Commission européenne n’a pas donné ni publié le moindre compte-rendu officiel sur l’état des négociations. Bien entendu, cet accord de libre-échange aura un impact désastreux sur nos agriculteurs, qui souffrent déjà, sur la santé et sur la planète.

    Mes chers collègues, c’est aussi un scandale démocratique. Comment accepter d’être ainsi tenus à l’écart? C’est pourquoi, Madame la Présidente, je vous prierais de demander des comptes à la Commission européenne afin qu’elle nous tienne enfin informés, parce qu’on ne peut pas se laisser ainsi «bananer». Il est temps!

     
       


     

      President. – As you can see, your colleagues agree with you. This is something that has been an outstanding issue and we can put pressure on the incoming Commission to respect the deadlines that we have set.

     

    10. Order of business


     

      Terry Reintke, on behalf of the Verts/ALE Group. – Madam President, dear colleagues, last Friday, an Italian court invalidated the detention of 16 asylum applicants sent to Albania by the Italian Government. Italy is a democracy, with an independent judiciary and courts that can freely rule on existing cases, also to stop illegal actions by the government. Still, members of the ruling far-right coalition, including members of the government, attacked this independent judiciary and the judges that ruled in this case.

    Colleagues, we cannot stay silent on this: rule of law, including separation of powers, is a key fundament of the European Union. We have waited for far too long regarding Hungary to speak up. We cannot make the same mistake again. That is why my group requests a debate with the following title: ‘Commission statement regarding the ruling of the Italian court related to the agreement between Italy and Albania on migration’.

     
       



     

      Tomas Tobé (PPE). – Madam President, I think it is clear and already stated that this request should not be supported. It’s very clear. It’s not about a protocol about Italy and Albania, as you say in what you’re asking for. Also, it’s not even a final decision in the court, and it’s also a decision based on an EU directive that actually will be replaced once the new migration pact is fully adopted.

    I think it’s also about the general question, because we had a request in plenary before, from the Patriots, about another decision. We could, of course, make this Chamber nothing else than debating different court decisions. I think when it comes to migration policy, we should be serious, we should be balanced, and we should use our time to actually debate real things and not only try to make court decisions that you may like or not like to be in favour of them.

    So that is why the EPP will reject this request.

     
       


     

      Fabienne Keller, au nom du groupe Renew. – Madame la Présidente, nous savons que le nouveau pacte sur la migration et l’asile et la politique migratoire ont occupé l’essentiel du Conseil européen de la fin de la semaine dernière. C’est un sujet de préoccupation pour nos concitoyens.

    Nous sommes fiers, tous ici dans cette Chambre, d’avoir adopté un pacte, d’avoir trouvé un équilibre pour traiter la question de la migration illégale, tout en respectant nos valeurs. Nous savons aussi, chers collègues, qu’il nous faudra encore deux années pour le mettre en œuvre. Nous ne pouvons dès lors pas accepter qu’un État membre utilise une voie détournée pour contourner ce que prévoit le pacte et les règles précises que nous avons définies ensemble.

    C’est pourquoi nous proposons de rebondir sur la proposition des Verts et d’ajouter la dimension «mise en œuvre du pacte» dans son ensemble, c’est-à-dire vis-à-vis de ses devoirs, de l’application de ses règles, mais aussi des garanties des droits de l’homme et du respect des droits fondamentaux que nous y avons intégrés. C’est dans cet esprit que nous proposons ce débat amendé.

     
       

     

      President. – Ms Reintke, do you agree with the alternative proposal? So the Green Group does not. Therefore, I will put the original request by the Green Group to a vote by roll call.

    (Parliament rejected the request)

    I now ask Ms Keller: do you want to keep your request? Yes, Ms Keller wants to keep the request, so the proposal from the Renew Group is now put to a vote by roll call.

    (Parliament rejected the request)

    So the agenda remains unchanged.

    The agenda is now adopted and the order of business is thus established.

     

    11. International Day for the Eradication of Poverty (debate)

     

      President. – The first item is the debate on Parliament’s statement on the International Day for the Eradication of Poverty (2024/2881(RSP)).

    Dear colleagues, last week, on 17 October, we marked the International Day of the Eradication of Poverty. Poverty is not inevitable. It is a challenge that we can – and we must – overcome. Across the world, far too many people still struggle. Far too many people do not have access to clean water, to clothing, shelter, health care or education. And far too many people are excluded from society, denied the possibility of a dignified job, not given the opportunities to achieve their potential. Given that 1 in 5 Europeans and 1 in 4 children under the age of 18 in the European Union is at risk of poverty or social exclusion, the reality is as serious as it is alarming.

    Here in the European Parliament, we refuse to be bystanders. We are proud of all the work we have done already in making our Europe a front-liner in the fight against poverty, and yet more work remains. Poverty is a symptom of inequality, and we understand the responsibility that we bear to ensure that every person – no matter who they are or where they come from – has a chance to live with dignity, with purpose.

    This is why the European Parliament is looking forward to seeing the European Union’s first anti-poverty strategy that was announced in the 2024-2029 Political Guidelines of the European Commission. This is a positive step forward. By investing in education, affordable housing and job creation, by ensuring our social safety net works, we can lift millions out of poverty.

    This House will continue turning our policies into concrete action, and we will continue to fight for fairness, for dignity and for opportunity for all.

     
       


     

      Gabriele Bischoff, im Namen der S&D-Fraktion. – Frau Präsidentin, werte Kolleginnen und Kollegen! In der Tat: Wir sprechen inzwischen von 100 Millionen Menschen, die in Europa, einem der reichsten Kontinente, von Armut und sozialer Ausgrenzung bedroht sind; Frau Präsidentin hat es gesagt: mehr als jeder fünfte Mensch hier in Europa. Und dieser Internationale Tag zur Abschaffung der Armut, der muss wirklich ein Weckruf hier sein, weil wir mehr brauchen.

    Ja, wir brauchen eine Armutsstrategie, aber wir brauchen auch konkrete Politiken, und eine davon ist in der Tat, dass wir ein festes Budget von 20 Milliarden in einem eigenen ESF+ für die Kindergarantie brauchen, um die 19 Millionen Kinder – 19 Millionen, denen die Zukunft gestohlen wurde – besser vor Armut zu schützen, und wir brauchen Maßnahmen.

    Aber wir dürfen nicht nur national bleiben, sondern nach den Verträgen ist Armutsbekämpfung auch das Hauptziel der europäischen Entwicklungspolitik. Das muss so bleiben und muss unser Kompass sein zur Bekämpfung der Armut auf der ganzen Welt.

     
       

     

      Malika Sorel, au nom du groupe PfE. – Madame la Présidente, chers collègues, 34 % des Européens renoncent à des soins médicaux, et nombre de jeunes, de nos jeunes, sont en grande souffrance. C’est la tiers-mondisation de nos nations. L’Europe d’Hippocrate, de Pasteur et de Marie Curie n’est même plus capable de soigner les siens, tandis qu’elle érige en dogme la préférence extra-européenne.

    Alors que la pauvreté touche chacune de nos nations, la Commission va verser 1,8 milliard d’euros à la Moldavie. De plus, l’immigration issue des couches sociales les plus pauvres bat des records. Pour Enrico Letta, aucune réforme, aucun progrès ne sera possible sans la participation des citoyens. Cette participation, je vous le dis, est impossible, car ces conditions ne sont pas réunies.

    Relisons Jean-Jacques Rousseau: «Voulons-nous que les peuples soient vertueux? Commençons donc par leur faire aimer la patrie: mais comment l’aimeront-ils si la patrie ne leur accorde que ce qu’elle ne peut refuser à personne?». Nous sommes là au cœur du mal qui détruit l’Europe. Chers collègues, j’aimerais comprendre: est-ce l’indifférence – ou pire: le cynisme – qui conduit à nous lamenter sur une pauvreté que nous organisons?

     
       

     

      Chiara Gemma, a nome del gruppo ECR. – Signora Presidente, onorevoli colleghi, la povertà non è soltanto una questione economica: è una piaga sociale che mina la dignità e la speranza delle persone. Combatterla è un dovere morale e una responsabilità politica che deve impegnarci tutti, senza eccezioni.

    C’è un aspetto che merita una particolare attenzione e che troppo spesso viene trascurato: la condizione delle persone con disabilità, che sono tra le più esposte al rischio di povertà. I dati parlano chiaro: il 28,8% delle persone con disabilità in Europa vive in condizioni di povertà e di esclusione sociale.

    Questo dato è inaccettabile, soprattutto se pensiamo che stiamo parlando di una categoria già vulnerabile, che deve affrontare non solo le difficoltà economiche, ma anche le barriere strutturali, culturali e sociali che la società impone.

    Non possiamo tollerare che in un’Europa che si proclama “paladina dei diritti umani e dell’inclusione”, quasi un terzo delle persone con disabilità viva in condizioni di disagio economico. La nostra forza si misura dalla capacità di includere chi è già più debole.

     
       

     

      Charles Goerens, au nom du groupe Renew. – Madame la Présidente, Monsieur le Commissaire, la lutte contre la pauvreté doit se manifester tant à l’intérieur qu’à l’extérieur de l’Union européenne. Cela étant, la pratique semble confirmer ce propos.

    L’Union européenne n’a certes pas réussi à éliminer la pauvreté, comme chacun de nous le souhaiterait. À sa décharge, rappelons que ses compétences sont insuffisantes pour régler ce problème. Les États membres, par contre, disposent de moyens ô combien supérieurs à ceux dont dispose la Commission. À ce propos, l’on constate que les États membres qui ont de meilleurs résultats en matière de lutte contre la misère chez eux sont souvent les mêmes que ceux qui s’impliquent le plus dans la coopération au développement en faveur des pays du Sud.

    Cette corrélation n’est pas anodine. Elle nous fait penser que la solidarité est indivisible. C’est donc une question de cohérence, une question d’équité, qui s’applique dans le même esprit tant à l’intérieur qu’à l’extérieur de l’Union européenne. Pour appuyer mon propos, il suffit de lire les rapports annuels du Programme des Nations unies pour le développement et d’en comparer les résultats à ceux obtenus en matière de lutte contre la misère au sein des États membres.

     
       


     

      Leila Chaibi, au nom du groupe The Left. – Madame la Présidente, Monsieur le Commissaire, chers collègues, en France, 1 jeune sur 4 vit sous le seuil de pauvreté, et 1 étudiant sur 2 est obligé de sauter un repas par jour. Vous vous souvenez de ces files d’attente interminables devant l’aide alimentaire pendant la pandémie de COVID-19? Ces images, elles avaient fait le tour du monde. C’était il y a quatre ans. Et que s’est il passé depuis? Rien.

    Pourquoi l’Union européenne ne demande-t-elle pas aux gouvernements de proposer le repas à 1 euro pour les étudiants? Pourquoi continuons-nous à agir comme si la pauvreté était un phénomène météorologique, une espèce de catastrophe naturelle? Non, la pauvreté ne tombe pas du ciel. Sans inégalités, il n’y a pas de pauvreté. Bernard Arnault, l’homme le plus riche du monde, a vu sa fortune dépasser les 200 milliards d’euros, soit plus que le PIB de la Slovaquie. Imaginez ce qu’on pourrait faire avec cette somme. On pourrait faire 200 000 hôpitaux, 40 000 écoles.

    Vous voulez agir contre la pauvreté? Taxez les plus riches, taxez les multinationales, allez chercher l’argent là où il est.

     
       

     

      Petar Volgin, от името на групата ESN. – Скъпи колеги, дълго време силните на деня обясняваха, че когато глобализацията окончателно победи, когато бъдат премахнати всички държавни граници и всички държавни пречки пред бизнеса, ние ще станем богати и щастливи. Разказваха ни, че когато милионерът стане милиардер, това ще направи и нас, обикновените хора богати. Защото нали според постулатите на така наречената „трикъл даун” икономика („trickle down economy“) или икономика на просмукването, приливът повдигал всички лодки. Само че действителността се оказа много по-различна.

    Да, богатите ставаха още по-богати, милионерите ставаха милиардери, но лодките на обикновенните хора не се повдигаха, даже много от тях потънаха. Колкото повече държавата минаваше на заден план, толкова повече се увеличаваха неравенствата и бедността. Има само един начин, по който може да бъде преодоляно това. Държавата отново трябва да стане активна. Тя трябва да създаде такива правила, които да помагат на работещите хора да живеят по-добре. Наднационалните институции няма да направят това. Те се грижат за интересите на мега корпорациите. Нужна ни е повече държава и по-малко транснационални институции.

     
       


     

     

      Georgiana Teodorescu (ECR), în scris. – Prin acțiunile sale, Uniunea Europeană s-a declarat responsabilă pentru înverzirea Globului, pentru eliminarea surplusului de carbon, pentru tot ce e „eco” și „bio” la nivel mondial, pentru salvarea migranților, precum și pentru încetarea unor războaie din afara granițelor UE.

    Totuși, când vine vorba de sărăcia în care trăiesc unii dintre europeni, mai ales despre construirea unor programe concrete și asigurarea unui buget corespunzător pentru acest lucru, rămânem la stadiul de discuții frumoase. Iată că marcăm o zi oficială pentru eradicarea sărăciei, în loc să o eradicăm efectiv. În România, unul din cinci cetățeni trăiește sub pragul sărăciei, cifrele fiind mult mai ridicate în rândul tinerilor. Pe acești oameni, ziua internațională a eradicării sărăciei nu îi ajută. Este nevoie de bani și de măsuri concrete.

    Sigur, e onorabil să avem o astfel de zi, nu ne opunem, dar haideți să ne concentrăm mai mult pe fapte și mai puțin pe discursuri pompoase, care au zero efect în asigurarea hranei copiilor săraci ai Europei sau în oferirea unor programe care să-i încurajeze să-și continue studiile.

     

    12. Address by Enrico Letta – Presentation of the report ‘Much More Than a Market’

     

      President. – The next item is the debate on the address by Enrico Letta – presentation of the report ‘Much more than a market’.

    We have today with us former Prime Minister of Italy Enrico Letta to present his report ‘Much more than a market’. Caro Enrico, welcome back to the European Parliament. Your report came at an extremely timely moment.

    As we embark on a new legislative term, this House recognises that the future of Europe will be defined by our ability to make ourselves more competitive; how we are able to grow our economies and pay back our debts, to fuel our innovation and turn seemingly impossible challenges into opportunities, to create jobs and futures with dignity. That is what our people are asking from us. It is why Europeans went to the polls last June, and what our voters are expecting us to deliver on.

    To do all this, we do not need to reinvent the wheel. We already have many tools in place. For over 30 years, the single market has been our Union’s unique growth model, a powerful engine of convergence and our most valuable asset. But we are again at a moment where the single market is in need of a boost.

    The time is now for us to renew our engagement to it, to deepen it, especially when it comes to energy, to finance, telecoms, banking, capital markets and services – to bring it back on par with the needs of the current context.

    Boosting it also means doing more to level the playing field, to reduce excessive bureaucracy and to cut red tape. This is how our single market works best. So, Mr Letta, dear Enrico, the European Parliament is eager to hear your findings and recommendations on how we can bolster our single market and make Europe more competitive.

     
       

     

      Enrico Letta, author of the report ‘Much more than a market’. – Madam President, esteemed Members, I would like to express my deepest gratitude to President Roberta Metsola, the Members of the European Parliament and the groups. It is a particularly emotional moment for me to do so in this Chamber once chaired by David Sassoli. The last time I spoke from this very place was to commemorate him some days after his death. His legacy and his commitment to European values continues to guide and inspire all of us.

    I must also express my deep gratitude to those who commissioned this report and entrusted me with the responsibility to undertake it: the Belgian and Spanish presidencies of the Council of the European Union, along with the President of the Commission and the President of the European Council. It is a great honour for me to be here today, especially after a year of engaging with the European Parliament: more than 20 meetings, groups, committees – the IMCO Committee in particular, subcommittees fostering meaningful dialogue and collaboration.

    This is a decisive moment for the life of the report. The pragmatic proposals it contains can only make a real impact if this very Chamber embraces and advances them.

    This report is not mine. I bear full responsibility for it, of course, but above all, it is the result of a collective exercise developed during a journey that spanned almost the entire European Union, reaching out also to candidate countries for accession and non-EU countries that share with us the single market. Throughout this journey across Europe, I visited 65 cities and took part in over 4 400 meetings, I engaged open social dialogue with all stakeholders. This was not an ideological pursuit, but a pragmatic endeavour. I traveled across Europe and engaged with all stakeholders to find common ground for tangible solutions. And there is one thing I want to stress out here: all the proposals contained in the report do not require Treaty changes. They are very concrete and can be implemented immediately.

    Madame la Présidente, par cette méthode j’ai cherché à honorer l’esprit même du projet d’intégration européenne. Un projet qui s’épanouit dans le dialogue entre les grands et les petits pays, entre les grandes villes et les petites communes, entre des modèles divers de relations industrielles, ainsi qu’entre différentes cultures et histoires. C’était la vision de Jacques Delors, à la mémoire duquel ce rapport est dédié.

    Jacques Delors visait à poser une base solide sur laquelle les grands idéaux européens pourraient prospérer. Il reconnaissait que la passion seule ne pouvait bâtir l’Europe. Il fallait des projets pragmatiques, qui améliorent concrètement la vie des citoyens. Jacques Delors croyait fermement que le succès de l’intégration européenne ne se mesurait pas à l’aune des bénéfices pour les États, mais à l’amélioration de la vie des citoyens. C’est cette approche que j’ai poursuivie et qui m’a inspiré en rédigeant ce rapport.

    The single market has been our greatest achievement. It has fuelled prosperity and it embodies our values. But it was born in a very different era, an era in which both the European Union and the world were smaller, simpler and far less interconnected. More than 20 years ago, we succeeded in integrating our currencies. We created the euro. We integrated this critical dimension which carries important emotional and practical significance for our citizens.

    However, we have not achieved the same level of integration in other key strategic sectors that, paradoxically, would have been far less difficult to integrate: sectors that are now vital for the future of the European economy, in particular. At the inception, three sectors were deliberately kept outside the single market, considered too strategic to extend beyond national borders: finance, electronic communications and energy. In reality, when it comes to these issues, Europe is merely a geographical expression. We are 27, not 1, on telecommunication. We have 27 financial markets, not 1 financial market. The exclusion of these sectors from the completion of the single market was motivated by the belief at that time that domestic control would better serve strategic interests.

    In an increasingly interconnected world and a vastly larger global market, the national dimension is no longer sufficient. It is becoming a ceiling in these sectors. We need to address this paradox, which is one of the main drivers of the current gap with other global powers, and we must act now. Inertia or inaction on this front risks reducing our choices to a single question: whether we want to become a colony of the United States or of China in ten years’ time. Telecommunications, energy and financial markets must be integrated, as we did for the euro. The integration of these sectors is a precondition for our competitiveness and security. There can be no security without independence in connectivity, energy and finance.

    In the report, I propose a roadmap for telecommunications to move from 27 separate markets to 1, from the approximately 80 operators of today to 10, 20 operators. I am not suggesting that we mimic the American or Chinese models here in Europe. These models do not adequately protect consumers as we aim to do in the European Union, but with a single telecoms market, 10, 20 operators can compete while ensuring consumer protection. At the same time, they will be larger and stronger on the global stage. That is what is not happening today with the fragmentation in 27 different markets.

    For energy, the key mission is to invest in interconnections. We must reduce the energy prices in Europe, and the only way is to maximise the diversification of energy sources through a highly interconnected European system. We win through cooperation, not through fragmentation. However, the most important sector to integrate is the financial one, which is in reality today the sum of 27 separate financial markets. This fragmentation is a major factor in Europe’s loss of competitiveness, creating the paradox of having a single currency, the euro, without a fully integrated financial market. We are falling behind the US, which has surged ahead in this sector over the last 15 years, and we are paying a steep price for it. Without a unified financial system, we will be unable to create a new paradigm for economic development, unable to innovate and unable to ensure our security.

    Having unified and significantly larger financial markets would allow Europe to invest in innovation and support its real economy. It would also enable Europe to effectively finance the Green Deal.

    During my journey, one topic has emerged as a priority everywhere: how to support and finance the just, green and digital transition. Let’s be very clear: the Green Deal remains the top priority for the coming years. It is no longer a question of whether Europe will pursue it, but rather how it will be achieved. The legislative term began with a debate on how to approach the Green Deal. In the report, I propose solutions for implementing it that reduce the potential social and economic consequences for Europe. We cannot allow the Green Deal to become a luxury that only the wealthy can afford in our societies. The social and economic dimensions of the Green Deal are essential.

    If we are committed to this, we must also clearly outline how we intend to finance it. Otherwise, we risk engaging in an unrealistic declaration of intent. Without a concrete plan on how to finance it, political backlash and delays are inevitable – outcomes that neither the EU nor the planet can afford. That is why all our energy must be focused on financially supporting the transition. We need an innovative set of tools that can leverage both public and private financing, as both are crucial to meet our massive investment needs.

    There are differing views within the European Union on how to address this funding challenge. We have to be honest: there are often opposing views on this matter. It makes no sense to ignore or hide these differences. But I firmly believe that the single market is not only a fundamental tool, but also the common ground where these diverse positions can converge.

    The initial priority should be to mobilise private capital, where the EU lags behind and has enormous untapped potential. Let me offer two clear as significant examples. Each year, EUR 300 billion of European savings cross the Atlantic to fuel the American financial markets and their real economy. This happens because our financial markets, fragmented as they are, are unable to absorb these resources. But the effect is a paradox. This money ultimately strengthens American companies, which then return to Europe to buy our European companies with our European savers’ money.

    We need a change in mindset. The current lack of integration of Europe’s financial markets is unacceptable. Take also the case of international payment systems: every day, each of us makes several credit or debit card transactions, billions of transactions in total. Yet Italians aren’t happy using a French system. The French aren’t happy using a German system. The Germans aren’t happy to use a Spanish one. As a result, we are all end up being happy to rely on an American system. This example alone highlights the inefficiency of our fragmented approach.

    We have to be pragmatic, not ideological. The fragmentation of Europe’s financial markets plays directly into the hands of other global players, keeping Wall Street and China satisfied and very happy. And this is why, in the report, I proposed the creation of the savings and investments union, building on the incomplete capital markets union. By fully integrating financial markets, the savings and investments union aims to close the gap in a sector where we have enormous potential and provide a concrete tool to finance our ambitions.

    What I want to emphasise is the importance of forging a strong link between the fair, green and digital transition and the financial integration of the single market. One of the main reasons the capital markets union failed to succeed is that it was seen as an end in itself. True financial market integration in Europe will only be achieved when both citizens and policymakers recognise that this integration is not just beneficial for the financial sector, but it is essential for achieving broader, more critical goals such as the fair, green and digital transition.

    Ultimately, progress in the area of private investments will enable us to tackle the role, structures and regulations governing public investments. As I have noted, this is a divisive issue, but it is essential that we confront it openly. Closing the current gap in private investments is a critical first step in moving this debate forward. The massive investment needs of the European Union require both private and public sources of funding. We must strike a balance between different sensibilities and pave the way for a more constructive, integrated and efficient funding strategy.

    This also extends to the debate on state aid. In the report, I have presented some ideas to overcome the current impasse. We need new solutions that can swiftly mobilise targeted national public support for industry, while also preventing fragmentation of the single market and ensuring a level playing field.

    Combining private resources and public investments, considering various instruments, is the only way to achieve a compromise in this chamber and within the European Council. Finance, energy and telecommunications are interconnected and serve as critical boost within a broader concept of security. However, the current geopolitical situation compels us to accelerate the strengthening of our common defence capabilities.

    Greater integration within our common market can serve as a pivotal tool to overcome existing duplications and inefficiencies, yet substantial investments are required. We need to act on this front, and we must do swiftly in order to preserve a crucial level of autonomy in our foreign security and defence policy.

    The EU must continue its unwavering support for Ukraine in its fight for freedom, while also striving to play a pivotal role in ending the conflict in the Middle East. Both are essential steps towards securing long-term peace and stability. To address this significant challenge, we must consider innovative financing mechanisms here as well. In the report, I propose several options, but I believe, and I want to underline here, the most pragmatic and impactful approach involves the use of the ESM, the European Stability Mechanism.

    One of the consequences of fragmentation and the lack of unity in key sectors is the difficulty we are facing in terms of innovation. The EU has not yet developed a robust industry capable of harnessing the benefits of the new wave of technological advancements. As a result, we have become increasingly reliant on external technologies that are now critical to European companies. It is essential that we unlock the full potential of the single market, and to do so, we need to leverage our unexploited common strength in research and development.

    The single market, as we know, was built on four fundamental freedoms: the free movement of goods, services, capital and people. However, this structure is outdated and too closely aligned with the 20th century vision. I believe something is missing in today’s complex and dynamic environment, something intangible yet vital. The economy of the future will be driven by innovation, knowledge and tangible assets, a dimension that is vital to our progress.

    In the report, I argue for the addition of a fifth freedom, one that encompasses a range of essential fields: research, data, skills, knowledge, education. This is possible within the framework of the existing Treaties, as demonstrated in the report. This new fifth freedom will not just be about facilitating the movement of research and innovation outputs; it will embed the drivers of research and innovation at the heart of the single market. With this framework, the EU will not only better position itself as a global leader in setting ethical standards for innovation, but also as a creator and pioneer of new technologies.

    The EU’s ability to innovate depends also on creating an ecosystem where businesses can thrive. This is why the simplification of the single market rules is a central theme. It is a topic that I have heard repeatedly during my travels. However, when we speak of simplification, too frequently, these words are not followed by concrete, actionable proposals. In the report, I present two pragmatic proposals to significantly ease businesses’ access to the benefits of the single market. The first proposal is that EU institutions should unequivocally prioritise the use of regulations over directives when setting single market rules. This would reduce uncertainty and eliminate barriers. The second proposal is the idea of the ’28th regime’ to operate within the single market, a virtual 28th state that companies could choose for smoother, more practical operation at the European level. Both these proposals cover regulatory aspects that help to reduce bureaucracy without in an in any way undermining social standards, on which we do not want to see any race to the bottom. I’m very happy to speak on behalf and in front of the Commission on these topics.

    I conclude, Madam President: Jacques Delors always insisted on the crucial point of the importance of a single market with convergence, and the success of the single market is fundamental. If we add to the freedom to move the freedom to stay, the freedom to stay is fundamental for the people who want to stay in their own regions, with the idea to be allowed to grow up there and to have services of general interest across all the EU regions and also in the periphery regions.

    My conclusion: President von der Leyen’s decision to outline an ambitious plan for reform and relaunch of the European project, drawing on some of these ideas from both my report and that of Mario Draghi opens a window of opportunity we cannot afford to miss. In a time when divisions among us – between countries, political parties and populations are growing – I stand before you to affirm that the single market is what keeps us united. We must rally around it and remain firm in our commitment to the relaunch and completion of the single market. The question before us is clear: if not now, when? Now more than ever, we must defend, strengthen and relaunch the single market.

    I hope that with all these arguments, I have convinced you that, as I wrote in the title of my report, the single market is really much more than a market.

     
       

       

    PRZEWODNICTWO: EWA KOPACZ
    Wiceprzewodnicząca

     
       

     

      President. – Thank you very much, Mr Letta.

     

    13. Empowering the Single Market to deliver a sustainable future and prosperity for all EU citizens (debate)


     

      Andreas Schwab, im Namen der PPE-Fraktion. – Frau Präsidentin, lieber Enrico Letta, Herr Kommissar! Zunächst einmal im Namen der EVP-Fraktion einen großen Glückwunsch für diese intensive Arbeit und auch für die Präsentation der Ergebnisse hier.

    Es ist deutlich geworden, dass der Bericht und auch Sie ganz persönlich, Herr Letta, nochmals in Erinnerung rufen, dass der Binnenmarkt der Motor unseres europäischen Wohlstandes ist. Das finde ich beachtlich, weil natürlich ein Stück weit in den vergangenen Jahren in Vergessenheit geraten ist, dass der wirtschaftliche Austausch – egal ob es um Waren oder Dienstleistungen, egal ob es um Autos oder um Tourismus geht – im Zentrum dessen steht, was uns als Europäerinnen und Europäer reich und viele auch zufrieden macht.

    Deswegen, glaube ich, muss man an dieser Stelle noch einmal sagen: Der Binnenmarkt kann eben am besten entscheiden, was die richtige Leistung ist. Deswegen sollten wir den Bürgerinnen und Bürgern auch die Möglichkeit geben, dass sie entscheiden können in einem offenen Markt in Europa, welche Leistung, welchen Tourismusort, welches Auto sie kaufen können. Dafür ist der Titel vielleicht ein bisschen gefährlich, denn mehr als ein Markt bedeutet ja im Umkehrschluss, dass wir einen echten Binnenmarkt vollständig schon haben. Da, glaube ich, müssen wir sagen, gibt es noch einiges zu tun.

    Es gibt noch einiges zu tun, damit Arbeitnehmerinnen und Arbeitnehmer problemlos von einem Land in ein anderes fahren können. Auch wenn sie das Recht, dort zu bleiben, wo sie sein wollen, behalten sollen, müssen sie die Freiheit genießen können – in der Überarbeitung der Verordnung (EG) Nr. 883/2004 –, die Grenze zu überschreiten. Deswegen, liebe Freundinnen und Freunde, meine Damen und Herren, glaube ich, die Anpassung an eine neue geopolitische Bedingung, die rasche Entbürokratisierung und die Kapitalmarktunion sind sicher Kernforderungen des Berichts, die wir alle unterstützen.

    Ich bin froh, dass Enrico Letta in die gleiche Richtung wie Mario Draghi gegangen ist. Deswegen, glaube ich, gilt es jetzt, dass die Europäische Kommission liefert: ein 28. Regime dort, wo es notwendig ist, eine neue Grundfreiheit und einen einheitlichen Telekommunikationsbinnenmarkt. Es gibt viel zu tun.

     
       

     

      Gabriele Bischoff, on behalf of the S&D Group. – Madam President and dear Enrico Letta, I think it is very important that we still keep a vision of what we could do and what is possible, but where we lack the courage so far to do so. Jacques Delors always said that no one falls in love with the common market. That was true in the past, it’s also true today, but you show that it’s not only a single market, but it is what it does for people, how it enables people. And therefore we really have to boost the common market indeed, but also – in the spirit of Jacques Delors – to always have in mind that this always needs a strong social dimension going for it, if we want to also convince the citizens that it’s in their interest to do so.

    But I also have to say I could comment on many things, because your report is very rich. I want to highlight the fifth freedom, a fair mobility, a new push here for innovation, and to deliver for our citizens.

     
       



     

      Svenja Hahn, im Namen der Renew-Fraktion. – Frau Präsidentin! Liebe Kollegen, wenn wir in der Welt über Werte wie Demokratie reden, hat man uns zugehört, weil wir ein attraktiver Markt waren. Der Binnenmarkt ist das Herzstück der EU – er hat uns wirtschaftlich stark werden und zusammenwachsen lassen. Doch der Binnenmarkt kränkelt vor sich hin, auch weil die Kommission zu wenig für seine Zukunft getan hat.

    Herr Letta gibt uns eine lange To-do-Liste mit: allem voran sind es massive Überregulierung, hohe Energiekosten, Steuern und Abgaben und on top noch ein mindset, das Innovation und unternehmerischem Erfolg misstraut. Das ist Gift für unseren Binnenmarkt, das ist Gift für Wirtschaftswachstum.

    Und wer jetzt die Lösung in neuen Steuern, Umverteilung und Subventionen sieht, ist doch aus der Zeit gefallen. Wir machen die EU nicht fit für die Zukunft mit Ideen von gestern, sondern mit strukturellen Reformen. Für mehr Wirtschaftswachstum brauchen wir jetzt einen radikalen Bürokratieabbau und eine Fastenkur für neue EU-Gesetze. Und es muss Schluss sein mit Protektionismus in unserem Binnenmarkt.

    Wachstum muss das Ziel sein, denn eine starke Wirtschaft schafft Arbeitsplätze, finanziert Bildung und unseren Sozialstaat und sorgt auch dafür, dass wir uns verteidigen können. Ein starker Binnenmarkt ist die Grundlage für unsere Gesellschaft, unseren Zusammenhalt und unsere Sicherheit.

     
       

     

      Anna Cavazzini, im Namen der Verts/ALE-Fraktion. – Frau Präsidentin, liebe Kolleginnen und Kollegen! Lieber Enrico Letta, erst einmal vielen Dank für deinen Bericht und die gute Zusammenarbeit mit diesem Haus, insbesondere mit dem Ausschuss für Binnenmarkt und Verbraucherschutz. Einige Leute sind ja fest davon überzeugt – und Gabriele hat es schon gesagt –, dass man sich nicht in einen EU-Binnenmarkt verlieben kann; einer davon hieß Jacques Delors.

    Aber ich muss schon sagen, dass die aktuelle Binnenmarktgesetzgebung ziemlich attraktiv ist, ein Schlüssel gegen die multiplen Krisen unserer Zeit. Mit dem Gesetz über digitale Dienste und dem Gesetz über digitale Märkte legen wir demokratische Regeln für die Onlinewelt fest. Mit der Gesetzgebung für die Kreislaufwirtschaft und dem Recht auf Reparatur machen wir Nachhaltigkeit zur Norm auf dem Binnenmarkt. Und – das ist wirklich ein Projekt zum Verlieben – das gemeinsame Ladekabel macht endlich Schluss mit unserem Kabelsalat in den Schubladen. Diese Beispiele zeigen, dass sich die Aufgabe, einen gemeinsamen europäischen Markt zu schaffen, in den letzten 30 Jahren weiterentwickelt hat.

    Von der Veränderung des Marktes mit seinen vier Freiheiten – Waren, Dienstleistungen, Kapital und Menschen – nutzen wir ihn heute immer mehr, um unsere gemeinsamen politischen Ziele zu erreichen: Souveränität, die Regulierung von großen Tech-Unternehmen, die Stärkung von Rechten von Verbrauchern und vor allem auch der Schutz unseres Planeten und des Klimas.

    Und das ist auch die Geschichte – finde ich –, die wir den Bürgern heute erzählen müssen. Tatsächlich wird sich niemand in die abstrakte Idee der wirtschaftlichen Integration verlieben. Aber die Bürgerinnen und Bürger in der EU wollen hohe Verbraucherschutzstandards, eine gesunde Wirtschaft, Umweltschutz; und der Binnenmarkt und unsere Binnenmarktregeln können all das liefern, wenn wir es richtig machen.

    Ich finde, wenn wir die Unterstützung unserer Bürger erhalten wollen, muss der Binnenmarkt sie schützen. Riesige Proteste in ganz Europa und zwei gescheiterte EU-Verfassungsreferenden waren damals die Folge, als die Kommission bei der Marktintegration mit der Dienstleistungsrichtlinie zu weit gegangen ist. Dieses Parlament hat damals, 2006, den Vorschlag geändert und ausgewogener gestaltet. Wir haben in den vergangenen Jahren erfolgreich für eine stärkere soziale Dimension des Binnenmarktes gekämpft und müssen dies auch weiterhin tun.

    Ja, viele unsinnige Hürden im Binnenmarkt müssen schnellstens abgebaut werden. Aber Marktintegration darf niemals, aber auch niemals zum Abbau von Schutzstandards führen.

     
       

     

      Νικόλας Φαραντούρης, εξ ονόματος της ομάδας The Left. – Κυρία Πρόεδρε, αγαπητέ κύριε Letta, σας καλωσορίζω στο Ευρωπαϊκό Κοινοβούλιο. Καλωσορίζουμε κάποιες από τις προτάσεις σας, όπως αυτές για μια κοινή φορολογική πολιτική ή για μια κοινή ευρωπαϊκή βιομηχανική πολιτική. Δεν με βρίσκει όμως σύμφωνο η περαιτέρω απορρύθμιση των εργασιακών σχέσεων και η αποκλειστική έμφαση μονάχα στην κινητικότητα των επενδύσεων.

    Επίσης, σας καλώ, εσάς και την Ευρωπαϊκή Επιτροπή, να λάβετε υπόψη σας το γεγονός ότι ένας βασικός πυλώνας της εσωτερικής αγοράς από δημιουργίας της Ευρωπαϊκής Ένωσης, η πολιτική ανταγωνισμού, οι κανόνες ανταγωνισμού και η αντιμονοπωλιακή νομοθεσία, σε πολλές χώρες της Ευρωπαϊκής Ένωσης και στην ίδια την Ευρωπαϊκή Ένωση δεν λειτουργεί. Υπάρχουν χώρες, όπως για παράδειγμα η δική μου χώρα, η Ελλάδα, όπου είναι απολύτως καρτελοποιημένοι κάποιοι κρίσιμοι κλάδοι της οικονομίας, όπως επίσης και κλάδοι βασικών κοινωνικών αγαθών. Γι’ αυτό, θα πρέπει να ενταθούν οι προσπάθειες, ξανά από την αρχή, ώστε οι βασικοί πυλώνες της εσωτερικής αγοράς, όπως είναι οι κανόνες ανταγωνισμού, να γίνονται σεβαστοί και εφαρμόζονται αυστηρά.

    Καλώ, λοιπόν, την Ευρωπαϊκή Επιτροπή, στο πλαίσιο του ευρωπαϊκού δικτύου ανταγωνισμού, να δείξει μεγαλύτερη προσοχή σε καρτελοποιημένες αγορές και να δώσει μεγαλύτερη έμφαση στην κοινωνική διάσταση της εσωτερικής αγοράς.

     
       

     

      René Aust, im Namen der ESN-Fraktion. – Frau Präsidentin! Der Binnenmarkt ist eine der größten Errungenschaften der europäischen Zusammenarbeit. Er ist ein lebendiges Beispiel dafür, wie souveräne Nationen gemeinsam ihre Ziele erreichen können, wenn sie ihre Kräfte in einem wichtigen Bereich bündeln. Der Binnenmarkt hat Innovationen angeregt und für zusätzlichen Wohlstand in Europa gesorgt.

    Doch heute sehen wir leider, dass sich die Europäische Union immer weiter von diesen zentralen Aufgaben entfernt. Statt sich auf ihre wenigen, aber entscheidenden Aufgaben zu konzentrieren, wie eben den Binnenmarkt, den Schutz unserer gemeinsamen europäischen Außengrenzen oder auch die Koordination einer gesamteuropäischen Verteidigungsgemeinschaft, mischt sie sich in immer mehr Lebensbereiche ein, in denen sie eigentlich nichts zu suchen hat.

    Anstatt den Schwerpunkt auf grenzüberschreitende Herausforderungen wie Handel, Wettbewerb, Innovation oder gemeinsame Sicherheitsstandards zu legen, wird die EU zunehmend zu einem Gemischtwarenladen, der sich um alles Mögliche kümmert, vom Weltklima bis zur Genderideologie, aber das Wesentliche vernachlässigt. Diese Überdehnung der EU-Aufgaben schreckt private Investoren und Entrepreneure ab und schadet damit ganz Europa. Doch jede Kritik an dieser Entwicklung wird sofort als antieuropäisch verunglimpft und sehr schnell in die Ecke der Europafeinde gesteckt.

    Dabei braucht Europa eine Rückbesinnung auf das, was wirklich wichtig ist, und nationale Souveränität ist eine Voraussetzung für eine funktionierende europäische Zusammenarbeit. Darum kann man uns Patrioten auch die Zukunft Europas anvertrauen, weil wir eben verstanden haben, dass mehr nicht immer besser ist. Wir wollen eine handlungsfähige Gemeinschaft europäischer Nationalstaaten, die den Binnenmarkt fortentwickelt, die Außengrenzen sichert und unseren Kontinent schützt.

     
       

     

      Lídia Pereira (PPE). – Senhora Presidente, a participação da União Europeia na economia global está a cair. As economias asiáticas ultrapassam‑nos a uma velocidade vertiginosa, tal como o relatório de Enrico Letta e o relatório de Mário Draghi o confirmam. As condições de vida dos europeus estão a degradar‑se. O PIB per capita nos Estados Unidos cresceu o dobro do europeu desde que foi criado o Mercado Único, em 1993. Portanto, não podemos continuar a ficar para trás.

    E o mais chocante é a nossa produção de bens essenciais, incluindo em áreas como a saúde, que desceu de 53 % para menos de 25 % em pouco mais de duas décadas. Estamos dependentes de outros, quando nunca precisámos tanto de garantir a nossa autonomia estratégica.

    Enrico Letta disse‑o ainda há pouco, mas continuamos, infelizmente, a ver mais de 300 mil milhões de EUR das poupanças dos europeus serem desviadas para fora da Europa. É trágico, porque estamos a financiar a economia dos outros, em vez de fortalecermos a nossa.

    Queremos ter um mercado mais competitivo, então precisamos de uma união bancária completa. Queremos proteger as poupanças dos nossos cidadãos e relançar a inovação, precisamos de uma união de mercado de capitais. E, acima de tudo, precisamos mesmo de reformar o mercado único europeu, acrescentando‑lhe a livre circulação do conhecimento, porque só com investigação e inovação seremos capazes de ter mais empresas competitivas a nível global.

    Creio que já temos relatórios o quanto basta. Precisamos mesmo é de decisões, e está na hora de as tomarmos.

    (A oradora aceita responder a uma pergunta «cartão azul»)

     
       

     

      João Oliveira (The Left), Pergunta segundo o procedimento «cartão azul». – Senhora Presidente, fazer a defesa do mercado único a partir da apologia da política de concorrência, ignorando a concentração e a centralização a que essa política e esse mercado têm conduzido, não nos serve de muito. Basta olhar para o setor bancário português e perceber que, sem o aprofundamento do mercado único, ficaram os bancos todos nas mãos de capital estrangeiro, com exceção da Caixa Geral de Depósitos, que, por ser pública, continua a ser nacional.

    Trazer aqui a defesa do mercado único a partir da ideia de que é isso que permite reduzir os preços – quando o setor energético mostra exatamente o contrário, com o aumento dos custos da energia – ou agora a partir do setor financeiro, achando que é isso que resolve os problemas, pode servir às multinacionais, mas não serve um país como Portugal, Senhora Deputada.

     
       


     

      Camilla Laureti (S&D). – Signora Presidente, onorevoli colleghi, grazie a Enrico Letta per il rapporto. Alexander Langer diceva che la conversione ecologica potrà affermarsi solo se apparirà socialmente desiderabile: per questo in Europa servono investimenti comuni, perché il Green Deal è una rivoluzione necessaria che impatta sul modello di sviluppo e sulla vita delle persone, e nelle persone può generare paura.

    Se sapremo realizzarlo, avremo i cittadini al nostro fianco, le aziende più competitive e un’Europa più forte. Gli Stati Uniti, la Cina e l’India stanno andando veloci e in questa direzione – l’Europa non può permettersi di restare indietro. La risposta è un sistema comunitario di aiuti di Stato: dobbiamo integrare i principi dell’economia circolare per spingere sostenibilità e competitività.

    La libertà di muoversi, dice anche Letta nel rapporto, deve essere una scelta – oggi non lo è. Un terzo della popolazione europea vive in regioni che da anni sono immobili: le aree interne d’Europa. Qui si vince la sfida della crescita sostenibile, fatta di investimenti comuni, capaci di garantire i servizi di interesse generale per non lasciare indietro nessuno.

     
       

     

      Enikő Győri (PfE). – Tisztelt Elnök Asszony! Az egységes piac az Unió legközérthetőbb értéke. Az olcsóbb repülés, vagy annak előnye, hogy otthoni szeretteinkkel ingyen telefonálhatunk, nem szorul magyarázatra. Persze szereztünk keserű tapasztalatokat is. Szolgáltatási irányelv, kiküldött munkavállalók, mobilitási csomag. Ezek elfogadásakor a Bizottság mindig a nyugat-európaiak érdekét tartotta előbbre valónak.

    Ahol az EU keleti fele versenyképesebb, ott nem akarta lebontani az akadályokat. A feladat tehát csak, hogy olyan területeken mélyítsük az egységes piacot, mely fokozza a versenyképességet, és földrajzi helytől függetlenül megkönnyíti a polgárok és cégek életét. Ne központosítsunk ott, ahol a kisebbek vagy fejletlenebbek rosszul állnak. Több összeköttetés tehát, de például az energia- vagy telekommunikációs szektor centralizáltásával bánjunk csínján, ne tűnjenek el a helyi szereplők, ne dráguljon a szolgáltatás. A pénzügyi piacok közötti átjárhatóság jó irány, de legyünk óvatosak a nemzeti felügyeletek egységesítésével, ne fojtsuk meg a kisebb nemzeti tőkepiacokat, amelyek nélkül nincs helyi ökoszisztéma.

    Elnök úr említette az ötödik szabadságot, a tudás mozgását. Ez nagyon klassz. Csak kérdezem, hogy az Európai Bizottság miért blokkolja a magyar kutatók részvételét a Horizont programban, vagy a magyar diákok mozgását az Erasmus program keretein belül? Regionális különbségek kiegyenlítése nélkül nincs versenyképesség. Az agyelszívás ellen tenni kell. Ösztönözni kell a helyben boldogulást. Tartsuk meg a kohéziós politikát, hiszen ezt az egységes piac ellensúlyozására találták ki, hol nehézségeket okozott. Ezt fenn kell tartani kondicionalitás nélkül, mert az durva politikai eszközzé vált a Bizottság kezében.

     
       

     

      Denis Nesci (ECR). – Signora Presidente, onorevoli colleghi, Presidente Letta, la relazione che discutiamo oggi mette in luce una delle sfide cruciali: il rafforzamento del mercato unico è senza dubbio un obiettivo fondamentale per il futuro dell’Unione europea.

    Tuttavia, non possiamo ignorare le criticità evidenti. Le eccessive regolamentazioni burocratiche rappresentano un ostacolo reale che rischia di soffocare l’innovazione e la crescita delle PMI. Se poi ci troviamo di fronte a perfidie come quella della direttiva ETS, giusto per citarne una, che mette a rischio la competitività delle infrastrutture portuali del Mediterraneo – come il porto di Gioia Tauro – con forti ricadute anche sul livello occupazionale, non parliamo di mercato unico, bensì di un distorto mercato unico.

    Per rilanciare la nostra competitività nell’ambito del mercato unico abbiamo bisogno di una politica economica adeguata e solidale, accompagnata da regole che vadano incontro alle esigenze di tutti gli Stati membri. Per questo è essenziale che il mercato unico non diventi un vantaggio riservato solo ad alcune aree: serve un mercato unico realmente inclusivo, che possa offrire opportunità anche alle regioni meno sviluppate, mettendo al centro l’uomo e non le “eco-follie”, e che sia a favore di famiglie, consumatori e imprese.

     
       

     

      Sandro Gozi (Renew). – Madame la Présidente, chers collègues, caro Enrico, le plus grand succès de l’Union, le marché unique, doit être renouvelé et complété. «Rico» Letta l’affirme avec force, et il a raison.

    Renouvelé, car il est impossible de réussir la transition écologique et numérique sans rendre le marché unique plus durable et plus simplifié pour les producteurs et pour les consommateurs. Complété, car il faut éliminer tous les obstacles qui empêchent les PME d’en profiter pleinement et qui nous empêchent d’avoir une union de l’énergie, des télécoms, des capitaux et des investissements. Le coût de la «non-Europe» est trop grand pour ne pas agir. L’approfondissement du marché européen pourrait générer jusqu’à 1,1 trillion d’euros de production économique supplémentaire par an.

    Il est aussi urgent – le rapport le dit très bien – de dégager les ressources sociales et économiques nécessaires à l’accompagnement du pacte vert et de la transition numérique.

    Enfin, nous devons développer une dimension extérieure du marché unique en lien avec notre politique commerciale. Dans ce cadre, nous devons également réformer les marchés publics, qui doivent aussi nous aider à réduire notre dépendance vis-à-vis des pays tiers. Cela doit être notre grande mission pour l’innovation et la compétitivité.

     
       


     

      Marcin Sypniewski (ESN). – Pani Przewodnicząca, Szanowni Państwo, jestem posłem od kilku miesięcy i jestem szczerze zdumiony, że w tym krótkim czasie po raz kolejny debatujemy nad nowym sprawozdaniem, które ma nam wskazać, jak mamy stać się bardziej konkurencyjni, bogatsi, silniejsi czy piękniejsi. Najwyraźniej oprócz biegunki legislacyjnej mamy również do czynienia z biegunką ekspertyz, analiz i sprawozdań. Zamiast tego polecam poczytać Rothbarda, Misesa czy Hayeka, których dzieła przetrwały próbę czasu we wskazywaniu, co jest dobre dla rozwoju gospodarczego i wolności jednostki.

    Noblista Fryderyk von Hayek wskazuje, że wiedza w swojej naturze jest rozproszona. To rynek za pośrednictwem cen przesyła informacje do przedsiębiorców i konsumentów. Dzięki temu rynek samodzielnie się stabilizuje i dostosowuje się do zmieniających się warunków i potrzeb. Politycy i urzędnicy nie są do tego w ogóle potrzebni. Alternatywą dla takiego spontanicznego i rozproszonego działania jest centralne planowanie, które wielokrotnie wprowadzane zawsze zawodziło, ponieważ politycy nigdy nie posiądą całości rozproszonej wiedzy.

    Rynek nie jest tabelką w Excelu, ale żywym, dynamicznie zmieniającym się organizmem, a prawdziwymi przywódcami na rynku są konsumenci. To ich wymagania starają się spełnić przedsiębiorcy. Rozwiązaniem, które ewentualnie pobudziłoby rynek, jest porzucenie praw własności intelektualnej w postaci chociażby patentów. Informacja może przecież znajdować się w kilku miejscach jednocześnie, bez wzajemnej szkody. Nie jest to dobro rzadkie, dlatego nie powinno być chronione jak własność prywatna. Własność intelektualna to sztuczny twór, a jej ochrona jest fikcją prawną. Chcecie bogactwa i dobrej przyszłości? Postawcie na rynek, a nie na biurokrację i na sprawozdania.

     
       


     

      Mohammed Chahim (S&D). – Voorzitter, de heer Letta is vrij helder in zijn analyse, net zoals de heer Draghi kort daarna. Het gaat echt ergens over, namelijk hoe kunnen we onze interne markt versterken? Hoe kunnen we de eenheid van Europa versterken? Hoe zorgen we ervoor dat we een sterke concurrentie krijgen binnen Europa, maar vooral ook met de rest van de wereld? En dit gebaseerd op een gelijk speelveld, op innovatie en op vergroening?

    Simpel gezegd zijn er twee stromingen in Europa: enerzijds conservatief rechts, dat de ontwikkelingen buiten de EU negeert, blind is voor de massale groene investeringen in de VS en wegkijkt van de modernisering van de Chinese economie; anderzijds een stroming die deze ontwikkelingen wil inhalen door meer – en niet minder – op Europese schaal samen te werken, te investeren in groene technologieën en ons niet te blijven blindstaren, zoals Draghi zei, op onze deels verouderde industrie.

    De keuze is simpel. Kiezen we voor modernisering en vergroening en dus voor vooruitgang? Of kiezen we voor nostalgie en stilstand?

    (De spreker stemt ermee in om te antwoorden op een “blauwe kaart”-vraag)

     
       



     

      Roman Haider (PfE). – Frau Präsidentin! Der Letta-Bericht benennt viele Probleme des Binnenmarkts richtig: steigende Energiepreise, mangelhafte Infrastruktur, vor allem bei den Hochleistungsbahnstrecken, Rückstand bei den Zukunftstechnologien, Überbürokratisierung vor allem. Das ist alles richtig; es ist nicht neu, aber es stimmt. So richtig aber die Analyse und die Diagnose im Letta-Bericht ist, so falsch sind leider die Vorschläge zur Verbesserung. Das war beim Draghi-Bericht so, und das ist auch beim Letta-Bericht so.

    Den beiden fällt zur Lösung der Probleme der EU nur eines ein: noch mehr EU, noch mehr Kompetenzen für Brüssel, noch mehr EU-Institutionen, eine neue Fiskalkapazität, die Kapitalunion, und dabei ist aber genau das das Problem. Noch mehr Kompetenzen für Brüssel bedeuten noch mehr Bürokratie, noch mehr unnütze Vorschriften, noch weniger Flexibilität für die Mitgliedstaaten.

    Es ist höchst an der Zeit für neue Wege, für weniger Zentralismus, für weniger EU, für mehr Flexibilität für die Mitgliedstaaten, mehr Subsidiarität und mehr Freiheit.

     
       

     

      Kosma Złotowski (ECR). – Pani Przewodnicząca! Panie Premierze! Od sukcesu jednolitego rynku zależy przyszłość Unii Europejskiej. Ten bardzo dobry projekt gospodarczy wciąż jest jednak daleki od ideału, gdyż ogranicza potencjał rozwojowy wszystkich państw członkowskich. Wreszcie możemy o tym głośno mówić.

    Istnieje wiele barier dla firm, zwłaszcza małych i średnich, które chcą prowadzić działalność ponad granicami w sektorze usług, transporcie, budownictwie czy handlu internetowym. Już zidentyfikowane problemy, takie jak geoblocking, gold-plating czy nadmierne i uciążliwe kontrole, skutecznie należy zwalczać. Europejski Zielony Ład jest wyłącznie kolejną taką barierą dla wzrostu gospodarczego.

    Nierealistyczne cele klimatyczne w takich obszarach jak rolnictwo, motoryzacja, transport czy budownictwo muszą zostać w tej kadencji Parlamentu zmienione. Zacznijmy w końcu deregulować, umożliwiać małym i średnim przedsiębiorstwom dostęp do rynków zagranicznych, wspierać innowacje i cyfryzację. To przełoży się na wzrost zatrudnienia oraz niższe ceny towarów i usług dla Europejczyków.

     
       

     

      Billy Kelleher (Renew). – Madam President, the Letta report and the Draghi report are a wake-up call for the European Union in terms of digitisation, the Green Deal, our knowledge economy, investing in innovation, research and development, ensuring that we have growth and competitiveness. The single market, the internal market, is a cornerstone on which all of this is built, and we have to protect it and ensure that it prospers and flourishes.

    The fact of the matter is, at the moment we are very short on capital in the European Union to invest in all of the above. So we have to advance the Capital Markets Union and the Banking Union to ensure that we have the capital to invest in the knowledge economy, in the Green Deal and other areas of research and development.

    The free movement of people, goods and services and capital is the cornerstone. Of course, we do have some in this Chamber who are even trying to undermine the basic principle of free movement of people. We have to be very conscious that we can’t cherry‑pick the Single Market – free movement of capital, goods, services and people is the cornerstone and we must all defend it to the last.

    More broadly, over the next number of months, we have to ensure that we respond to the Letta report and the Draghi report in what they observe are the challenges ahead for our competitiveness.

     
       


     

      Fulvio Martusciello (PPE). – Signora Presidente, onorevoli colleghi, come sottolineato nella sua relazione e in quella di Mario Draghi, un solido mercato unico europeo è essenziale per la competitività delle imprese, perché può stimolare la crescita economica e l’innovazione, garantendo accesso al mercato ed eliminando la burocrazia inutile.

    L’Europa però ha bisogno di una forte strategia industriale per le tecnologie e le catene del valore, che promuova competitività, sostenibilità e innovazione. Questa strategia deve sviluppare una visione coerente, che dia priorità ad un quadro normativo, con politiche basate su dati scientifici e valutazioni di impatto approfondite, fornendo alle imprese la stabilità di cui hanno bisogno. Da questo punto di vista riteniamo molto positive le lettere di missione sulla creazione di una vera e propria economia circolare competitiva.

    Negli ultimi decenni le aziende europee hanno infatti investito miliardi di euro in tecnologie all’avanguardia, hanno generato enormi progressi nell’eco-design di prodotti, nella sicurezza dei consumatori e nell’industria del riciclo, dove l’Italia e l’Europa detengono posizioni di leadership mondiale, sia in termini di innovazione industriale che di sostenibilità ambientale.

    Purtroppo, l’eccesso di regolamentazione degli ultimi anni ha generato un’enorme incertezza, spingendo interi settori industriali a posticipare i propri investimenti, compromettendo gli obiettivi di crescita complessivi, con spreco di tempo e di risorse.

    In questo mandato sarà dunque necessario evitare a tutti i costi di produrre ulteriori iniziative legislative motivate da logiche falsamente ambientaliste e non basate su evidenze scientifiche, che rischiano di penalizzare le imprese europee. Sarà imperativo garantire la conformità con le norme europee da parte dei Paesi terzi, garantendo standard che riducano la dipendenza dai fornitori esteri e rafforzino la competitività dell’industria e delle economie europee per affrontare le sfide delle concorrenze globali di Cina e Stati Uniti.

     
       

     

      Laura Ballarín Cereza (S&D). – Señora presidenta, señor Letta, señorías, treinta años después de su creación, el informe Letta nos brinda una oportunidad única para avanzar hacia el futuro del mercado único en tres aspectos clave:

    En primer lugar, inspirados por Jacques Delors, apoyamos su idea de añadir una nueva libertad a la libertad de movimiento, que es la libertad de permanecer en el rincón de la Unión Europea que queramos. No queremos solo una Unión donde podamos movernos libremente en busca de una vida mejor: también queremos cohesión, oportunidades y desarrollo en todas las regiones de la Unión Europea, y acceso a la vivienda para proteger las zonas rurales y las más pobladas.

    En segundo lugar, necesitamos profundizar en la integración del mercado de capitales y el de las telecomunicaciones porque, como bien dice el señor Letta, no es coherente que compartamos una moneda única, pero tengamos aún fronteras digitales y prefijos nacionales.

    Y, en tercer lugar, la quinta libertad, la del conocimiento y la innovación. Nos quedan cinco años para profundizar en el mercado único y hacer que más europeos se enamoren de esta idea, tal como quería Jacques Delors, en contra de la extrema derecha que está aquí en esta Cámara sentada.

     
       

     

      Roberts Zīle (ECR). – Priekšsēdētājas kundze! Godātais Lettes kungs, es pilnīgi piekrītu jūsu ziņojumam, ka vienotais tirgus ir kaut kas vairāk kā tirgus, un arī jūsu norādītām nepilnībām gan sektoru ziņā: finanses, enerģētika, telekomunikācijas un it īpaši privātā kapitāla izvietošana.

    Ja kopumā Eiropā ir 33 triljonu eiro uzkrātā kapitāla un katru gadu 300 miljardi eiro tiek investēti ārpus Eiropas Savienības, Amerikā un citās vietās, tad kaut kas nav kārtībā ar šo. Un ar publisko naudu vien mēs nespēsim izdarīt tos uzdevumus, kas ir nepieciešami Eiropas Savienībai gan militārās industrijas jomā, gan zaļā kursa, gan paplašināšanās, gan citās jomās.

    Jūsu ieteiktās zāles arī ļoti vērā ņemamas par piekto pamatbrīvību, par Uzkrājumu un investīciju savienību. Bet dažas zāles, kā, teiksim, radīt siltumnīcas apstākļos Eiropas čempionus, kas var kļūt par globāliem čempioniem, es ļoti baidos, ka tas to nesasniegs. Vēl jo vairāk tas var noplicināt no perifērijas gan naudas resursus, gan arī cilvēku – gudrāko cilvēku – resursus uz dažiem centriem Eiropā, kas varbūt nebūs Eiropas Savienības veiksmes stāsts.

     
       


     

      Regina Doherty (PPE). – Madam President, Mr Letta, you’re absolutely right when you say that the single market is the best tool that we have to increase opportunities, improve our well-being and the living standards for all of the citizens across the European Union. And we absolutely can’t take it for granted, because if we do, it’s going to fail. Your report, which is really welcome, helps to illuminate many of the current problems that we are seeing and that the single market is facing.

    Europe’s economy is not growing strongly enough. Our small businesses are not given the opportunity to grow and to scale up. Approximately 30 % of the high-value companies founded in the EU between 2008 and 2021 relocated their headquarters out of the EU, and mostly to the US. Some 60 % of the issues that we identified by businesses in 2002 still exist in the European market today, because progress on removing the barriers has been so slow, and it’s particularly true in the case of our service industry.

    We see the distorting effects of current rules around the EU state aid rules, which allow larger countries to subsidise businesses at the expense of smaller ones, like my own, Ireland. In 2023, almost 80 % of EU state aid came from just two Member States, and 85 % from three Member States.

    Europe will not be able to spend its way out to growth. Instead, we must reduce the unnecessary red tape and bureaucracy that everybody has been speaking about daily since I arrived here in June. But it’s also vital to avoid EU protectionism in the form of high external tariffs, a hostility towards investment from third countries and an over-reliance on those subsidies.

     
       

     

      Estelle Ceulemans (S&D). – Madame la Présidente, Monsieur Letta, Mesdames et Messieurs les Commissaires, chers collègues, il est aussi bon de rappeler que le rapport de M. Letta sera – Mme von der Leyen l’a elle-même dit – l’un des fils rouges de la prochaine Commission. Il était donc vraiment important que vous veniez nous le présenter et que nous puissions en débattre aujourd’hui.

    Merci, Monsieur Letta, de reprendre les mots de Jacques Delors, artisan du marché unique, qui nous dit que le marché n’est pas une fin en soi: il est là pour améliorer la vie des citoyens, qui ne sont pas que des consommateurs. Le marché unique a en effet permis de développer la prospérité et la compétitivité, mais il a aussi creusé les disparités et la pauvreté – comme cela a été dit dans le débat précédent, qui nous rappelle que, malheureusement, 1 Européen sur 5 fait face à un risque de pauvreté.

    Merci, donc, Monsieur Letta, de rappeler que le marché ne peut fonctionner que sur la base de politiques sociales fortes, et de rappeler aussi qu’il faut, sous cette législature, investir dans les deux transitions, pour qu’elles soient justes. Je voudrais rappeler aussi que nous attendons de la prochaine Commission qu’elle s’engage, tout comme l’a fait M. Nicolas Schmit, sur des matières sociales importantes.

     
       

     

      Adrian-George Axinia (ECR). – Doamnă președintă, piața unică europeană este o idee foarte bună, care, din păcate, în anumite domenii de activitate nu funcționează așa cum trebuie. Vă dau trei exemple: piața de energie, acolo unde România, care produce mai multă electricitate decât consumă, plătește cele mai mari facturi din Uniunea Europeană. A doua disfuncționalitate, care este încă nerezolvată, ține de agricultură. În continuare, cerealele și anumite produse alimentare exportate din Ucraina ajung pe piața românească, bulgărească sau poloneză și creează o concurență neloială producătorilor agricoli autohtoni.

    Merită subliniat și refuzul implementării procesului de convergență externă, care ar trebui să ducă la egalizarea subvențiilor pentru fermieri în toate țările Uniunii Europene. Nu în ultimul rând, recent, Curtea de Justiție a Uniunii Europene a declarat nelegale mai multe prevederi din pachetul de mobilitate orientate împotriva transportatorilor din România, ceea ce confirmă raportul Draghi. Există în continuare o suprareglementare a pieței unice și aceasta afectează competiția liberă. Aș mai puncta și faptul că uciderea spațiului Schengen de către țările care introduc controale generale la frontieră și statele care țin încă România și Bulgaria pe margine afectează în continuare buna funcționare a pieței unice.

     
       

     

      Ľudovít Ódor (Renew). – Vážená pani predsedajúca, tak ako vidíme aj z tejto diskusie, skutočný jednotný trh je niečo, na čom vieme stavať aj v tomto Parlamente, a musíme v najbližších rokoch urobiť maximum pre to, aby sme tento koncept rozšírili aj na ďalšie sektory. Rád by som upozornil na tri veci, ktoré sú pre mňa prioritné. Po prvé, svet sa zmenšil a trhy sa trošku zmenili. V digitálnom svete dominujú tí najlepší. Víťaz berie takmer všetko, dosť dobre už nestačí. Potrebujeme naozaj silných európskych globálnych hráčov, a nie desiatky trpaslíkov. Po druhé, svet inovácií je aj o riziku. Bohužiaľ, náš bankami dominovaný finančný systém, a ako aj občania preferujú menej rizika, a preto bez Únie, úspor a investícií, ako aj lepšej finančnej gramotnosti to tak aj zostane. Peniaze máme, no nevieme ich dostať k inovatívnym firmám. A po tretie, pri dobrých nápadoch a podnikaní nemôžeme tolerovať bariéry pri prechode každej vnútornej hranice.

     
       


     

      Marc Angel (S&D). – Madam President, the single market is the crown jewel of the European construction, and in my eyes gives the EU a competitive advantage. A stronger single market means a more competitive Europe.

    Mr Letta, as your excellent report shows, we can improve a lot and we must perfect it. We need better implementation of the existing rules. We need to ensure that it contributes to a more sustainable and a more social Europe, and we need to consider strengthening integration in crucial sectors, as a stronger single energy market, for example, driven notably by better interconnectivity, can lead to more secure and affordable energy and cheaper electricity bills for companies and our citizens.

    Furthermore, for the S&D Group, more integration means more competitiveness for our companies, better consumer protection and more prosperity for Europeans – while adopting national solutions will lead to more fragmentation and ultimately a weaker Europe.

    Further harmonisation of rules also means less bureaucracy and a reduced administrative burden for our companies, especially for SMEs, which will no longer have to navigate through a jungle of 27 different sets of national rules.

    So let us leverage the power of integration to tap into the full potential of the single market.

     
       

     

      Ivars Ijabs (Renew). – Madam President, thank you, Mr Letta, for your excellent report. Well, of course, the single market is a strength of the EU: it’s the main instrument. This is how we achieve our goals. But what are actually our goals today? Let me remind you that the Russian aggression in Ukraine is still going on. And the Russian attack on an EU country is possibly, still, a question of the nearest future.

    And that’s why I really like the part in your report which deals with a common market for security and defence industries. This is a real necessity for the EU right now. Some 80 % of the military help to Ukraine is right now spent on non-European materials.

    But how to achieve that common market? European investment in defence is lagging. It is very seriously hindered by red tape, by excessive regulatory requirements, by fragmentation. There is an immense potential of a single market in defence industry, but one must have a political will to implement it – and quickly. Time is running out.

     
       

     

      Salvatore De Meo (PPE). – Signora Presidente, onorevoli colleghi, la relazione Letta, unitamente a quella del Presidente Draghi, arrivano all’inizio di questa legislatura, che io vorrei diventasse riformatrice, ambiziosa, coraggiosa ma responsabile, perché l’Unione europea non sia più spettatrice in una scena globale ma diventi protagonista.

    E abbiamo gli strumenti per farlo: un mercato unico che in questi anni non solo è stato strumento di integrazione ma ha consentito la nostra crescita economica e la prosperità, uno strumento che va semplificato da un punto di vista burocratico, ma soprattutto rafforzato, per esprimere ulteriormente le sue potenzialità e affrontare le nuove opportunità.

    Così come è necessario arrivare a un mercato unico dell’energia, un mercato finanziario che permetta ovviamente di garantire condizioni di competitività. E allora noi abbiamo davanti a noi sfide importanti, per le quali solo un mercato unico forte potrà garantirci un futuro all’altezza delle nostre ambizioni climatiche, sociali e produttive.

     
       

     

      Jonás Fernández (S&D). – Señora presidenta, señor comisario, señor Letta, es un placer tenerle aquí en un momento en el que estamos empezando a definir las prioridades de este mandato y, sin duda, acelerar la integración del mercado único —especialmente en el ámbito de los servicios, donde aún tenemos relevantes problemas, como ha expuesto en su informe— es absolutamente necesario.

    Pero me va a permitir decirle que lo que más me ha llamado la atención del informe es la exigencia de evitar la huida de ahorro europeo a otras jurisdicciones. Porque algunos llevamos años en esta Cámara pidiendo reducir los superávits por cuenta corriente de algunos países —superávits por cuenta corriente que, en algunos casos, llegan a dos dígitos en relación con el PIB de esos países— y, ciertamente, en los debates que teníamos aquí en estos años, nadie o muy pocos me seguían.

    Y yo creo que es importante que, ahora que pedimos que el ahorro se invierta en Europa, seamos capaces de explicar a la Cámara que lo que estamos pidiendo es más demanda interna y reducir los superávits por cuenta corriente que ahogan el crecimiento de la Unión Europea.

     
       

     

      Biljana Borzan (S&D). – Poštovana predsjedavajuća, zajedničko tržište jedno je od najvećih europskih postignuća.

    Svaka kriza produbljuje nejednakosti na tržištu, bogati se još više bogate, siromašni postaju još siromašniji. Troškovi života najveći su problem u cijeloj Europskoj uniji, a nejednakosti između i unutar država članica u cijenama, plaćama, mirovinama i stopi siromaštva se samo povećavaju.

    Izvješće ističe zaštitu potrošača kao jedan od uvjeta za pošteno tržište, ali geoblocking, teritorijalne barijere, viši rast cijena hrane u istočnoj Europi samo su neki od gorućih problema. Izvješće hvali Zakon o osnaživanju potrošača u zelenoj tranziciji na koju sam i sama ponosna, ali rješenje je provedba naših pravila u svakom dijelu Europske unije. Više od 80 posto građana moje zemlje smatra da su potrošači nezaštićeni protiv tržišnih igrača.

    Moramo ojačati europske alate, potrošačke udruge, inspekcijski nadzor i svijest građana o vlastitim pravima. Ne smijemo biti oni tamo negdje u Bruxellesu. Mi moramo raditi za ljude.

     
       


       

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      Davor Ivo Stier (PPE). – Poštovana predsjedavajuća, gospodin Letta ispravno govori o tome što ubrzanje integracije unutarnjeg tržišta ima jednu geopolitičku važnost u današnjim uvjetima.

    Ja bih to nadopunio time što unutarnje tržište moramo isto tako i povezati s procesom proširenja. Pogledajmo, na primjer, situaciju na zapadnom Balkanu, ima puno političkih problema. Ne smijemo čekati da se oni riješe, da te zemlje postanu punopravne članice, nego bismo ih već prije mogli, doduše možda na jedan postupni način, ali već prije mogli integrirati u naše jedinstveno tržište. Kao što, na primjer, činimo kada je u pitanju roaming. Mislim da je to jedan dobar primjer, ali moramo to proširiti i na druge slobode.

    Na taj način će i ljudi u toj regiji imati svoje pravo na ostanak, a Europska unija će imati veći utjecaj i više će pridonijeti stabilnosti tog dijela europskog kontinenta.

     
       

     

      Maria Grapini (S&D). – Doamnă președintă, domnule comisar, domnule Letta, vă salut și în această săptămână. Aș spune multe. În primul rând vă felicit: este o radiografie corectă, dar nu numai o radiografie, sunt și măsuri concrete. V-aș întreba, estimați dumneavoastră oare cât din acest raport se va aplica? Pentru că, iată, noua comisie nu are un comisar, nu există un portofoliu pentru piața internă. Cine se ocupă atunci de piața internă? Cum să ne ducem la măsurile concrete pe care le-ați spus dumneavoastră? Ați spus că piața unică ne unește; este oare o piață unică acum?

    Sunt de acord să avem cea de a cincea libertate de mișcare, dar cel puțin o libertate de mișcare ne lipsește acum, domnule Letta. Știți oare cât a pierdut o țară care de 17 ani nu este în spațiul Schengen și are costuri la transport? Cât a pierdut economia țării mele? Apoi, avem acum, când vorbim, îngrădirea în interiorul spațiului Schengen a granițelor. Deci trebuie – toată piața unică, e adevărat, ați spus că ne unește – dar trebuie să luăm cu pragmatism măsuri care să ducă la rezultate și la o viață mai bună a oamenilor.

     
       

     

      Silvia Sardone (PfE). – Signora Presidente, onorevoli colleghi, le istituzioni europee hanno deciso di affidare ad Enrico Letta l’incarico di scrivere una relazione sul futuro dell’Europa. Eh, niente, fa già ridere così.

    Letta è l’ex leader del Partito democratico, ex premier della sinistra in Italia, volto di punta dei socialisti europei: rappresenta praticamente tutti i responsabili del disastro dell’Unione europea degli ultimi anni, tra l’altro sonoramente sconfitti in Italia.

    Per Letta la transizione verde è indispensabile e bisogna accompagnare agricoltori, imprese, industria dell’auto: esattamente ciò che però la sua maggioranza non ha fatto. Anzi, grazie a voi questi settori sono in crisi. Letta ci ricorda che l’Europa non deve cedere sul ruolo di leader nel settore manifatturiero: ma è proprio grazie ai vincoli, tasse e burocrazia volute dall’Europa che ci troviamo in questa condizione.

    Enrico Letta: uno che ha uno strano concetto di democrazia e ci ha tenuto a dire che i cordoni sanitari sono fondamentali per fermare le destre. Lui, proprio lui, che ha ribadito che servono più migranti regolari per lo sviluppo, andando contro diversi Paesi, anche socialisti, che finalmente dicono che bisogna fermare l’immigrazione.

    Insomma, veramente vogliamo farci dare lezioni da Letta, colui che dice che l’ex ministro Fornero è stato un ministro ottimo quando invece ha solo distrutto il nostro Paese?

     
       


     

      João Oliveira (The Left). – Senhora Presidente, visto a partir do conselho de administração de uma multinacional, o aprofundamento do mercado único pode parecer um filão; visto a partir da realidade dos trabalhadores e dos povos, das micro, pequenas e médias empresas, das possibilidades de desenvolvimento de um país como Portugal, o aprofundamento do mercado único é um pesado fardo que nos arrasta para o fundo.

    Há algumas décadas atrás, o militante do PCP e ex‑deputado deste Parlamento, Sérgio Ribeiro, antecipava que a transferência de instrumentos de política para a esfera supranacional, nomeadamente através da transferência da política monetária e financeira para o BCE, conduziria a uma política tendencialmente única. Por meio do mercado único e das políticas que lhe estão associadas, que o senhor Letta hoje adjetiva de motor de mudança da União Europeia, retirou‑se capacidade de decisão aos governos nacionais, abriu‑se mais espaço à concentração e centralização do capital, colocaram‑se sob ataque os direitos sociais e laborais.

    O aprofundamento do mercado único serve às multinacionais, mas não serve ao desenvolvimento económico nem à justiça social.

     
       

     

      Lukas Sieper (NI). – Madam President, dear honourable House, dear people of Europe, Mr Letta, before I came here to this Parliament, I finished my law studies at the University of Cologne. During this time, I put a lot of effort into learning the four European freedoms: the freedom to move people, services, goods and capital. And I can tell you, learning all the law-related details – especially the court rulings – that was a pain in the ass, indeed. Names like Dassonville or Cassis de Dijon, who will tell you here nothing, send a shiver down the spine of every law student.

    But at the same time, whenever I opened my books, I felt love for Europe. Because what is Europe if not the idea of freedom? And that’s why, Mr Letta, I would like to take the time to give you my deepest support for one of the main ideas of your report: the implementation of a fifth freedom – the freedom of research, innovation, knowledge and education. Because as Europe is an idea, ideas should roam free on this continent.

     
       

       

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      Giuseppe Lupo (S&D), per iscritto. – Penso che il Parlamento europeo debba condividere e sostenere la strategia della relazione Letta per modernizzare il mercato unico dell’UE.

    Condivido in particolare che, se vogliamo che il mercato unico migliori davvero la vita della gente, deve avere un’anima che è il dialogo sociale, che deve fare partecipare e coinvolgere le persone, la società, i corpi sociali intermedi, i sindacati dei lavoratori e delle imprese, rilanciando il dialogo sociale come lo ha voluto e praticato con successo Jacques Delors, anche grazie alla collaborazione dell’allora segretario della CES, Emilio Gabaglio.

    La grande sfida da affrontare, credo, sia adesso la promozione di una politica fiscale comune, per sostenere con condizioni fiscali di vantaggio le aree territoriali più deboli, superando le differenze dei sistemi fiscali nazionali che ostacolano la leale concorrenza.

     

    14. Implementation of the Single European Sky (debate)


     

      Jens Gieseke, Berichterstatter. – Sehr geehrte Frau Präsidentin, sehr geehrter Herr Kommissar Hoekstra, liebe Kolleginnen und Kollegen! 30 000 Flüge täglich, 600 Mio. Passagiere jährlich, über 500 000 Arbeitsplätze bei Fluggesellschaften, weniger als 17 000 Arbeitsplätze in der nationalen Verkehrskontrolle, überlastete Flughäfen, ein Flickenteppich an Strecken aufgrund der Flugsicherung entlang nationaler Grenzen – das ist das Bild des letzten europäischen Monopols: die Flugsicherungsdienste.

    Ich bin heute hier, um Sie zu bitten: Sagen Sie Ja zu kürzeren Strecken, zu mehr Effizienz, zu mehr Leistungen, zu mehr Zusammenarbeit, und Ja zu einem wirklich europäischen einheitlichen Luftraum. Warum gibt es kein Leistungsüberprüfungsgremium? Warum gibt es nicht ein gemeinsames Leistungssystem? Warum gibt es nicht einen europäischen Netzwerkmanager? Das sind alles wichtige Elemente, um die Leistungen der Flugsicherung zu verbessern und den Schaden für die Passagiere zu begrenzen. Fluglotsen behalten ihren Arbeitsplatz, sie werden weniger gestresst arbeiten, sie werden besser arbeiten, weil sie mit ihren Nachbarn zusammenarbeiten. Ich bin hier, um Ihnen zu sagen: Ja, wir können Flüge sicherer, kürzer, umweltfreundlicher und erschwinglicher für den Durchschnittsbürger der Europäischen Union machen.

    Wir haben hier ein riesiges Potenzial. Milliarden Euro wurden sowohl von der Europäischen Union als auch von privaten Interessenträgern im Rahmen des SESAR-Projektes investiert. SESAR liefert den digitalen europäischen Luftraum. Es liegt nun in unserer Hand, aber wir können uns nicht nur auf Investitionen in Technologien verlassen. Während der technologische Fortschritt durch das SESAR-Programm fortgeschritten ist, sind die Strukturreformen, die hier erforderlich sind, um sowohl die Kapazitäts- als auch die Umweltperformance zu erreichen, seit mehr als einem Jahrzehnt ins Stocken geraten und halten uns in der Vergangenheit fest. Hier haben die Mitgliedstaaten auch nicht mitgemacht, die standen auf der Bremse.

    Sehen Sie sich nun allein diesen Sommer an: Von Juni bis August haben die Flugsicherungen in Europa 16,9 Millionen – ich wiederhole: 16,9 Millionen – Minuten an Verspätungen im europäischen Netzwerk angehäuft. Das waren 41 % mehr als im gesamten Sommer 2023. Zum Vergleich: Im Jahr 2017 – im ganzen Jahr – gab es 15,9 Millionen Minuten. Wenn man die wetterbedingten Verspätungen herausnimmt, dann haben sich die Verspätungen im Vergleich zum Sommer 2023 um 82 % erhöht, und nur sieben nationale Flugsicherungen haben 85 % dieser Verspätungen verursacht.

    Das zeigt, dass die Situation von Jahr zu Jahr schlechter wird – leider –, insbesondere jetzt, da der Flugverkehr wieder das Niveau von vor der Pandemie erreicht hat. Diese Reform, die wir nun hier haben, die wird gebraucht, sie wird dringend gebraucht! Die Schaffung eines wirklich einheitlichen europäischen Luftraums wurde viel zu lange von den Mitgliedstaaten blockiert, die nicht bereit waren, sich auf eine Restrukturierung der Flugsicherung zum Wohle der Allgemeinheit, zum Wohle der Passagiere einzulassen.

    Dank der unermüdlichen Arbeit von Herrn Marian-Jean Marinescu, unserem Berichterstatter der EVP, für den einheitlichen europäischen Luftraum und für EASA in den letzten 16 Jahren werden wir nun in der Lage sein, diese neue Luftraumverordnung umzusetzen. Hier möchte ich aber auch an die großartige Arbeit von Herrn David Maria Sassoli, unserem verstorbenen Parlamentspräsidenten, erinnern, mit dem Herr Marinescu zusammen an der EASA-Grundverordnung gearbeitet hat. Ich möchte aber auch meinen sozialistischen Kollegen Bogusław Liberadzki nicht vergessen, der mit Herrn Marinescu stark zusammengearbeitet hat, so wie es jetzt Johan Danielsson mit mir tut.

    Gestatten Sie mir, Frau Präsidentin, die Mitgliedstaaten nun aufzufordern, die Fehler, die wir noch haben, nun zügig bei der Umsetzung umzuarbeiten. Es besteht ein riesiges Potenzial zum Wohle der Bürgerinnen und Bürger und um am Ende auch die Klimaziele einzuhalten. Also, wir müssen weiterarbeiten.

     
       

     

      Johan Danielsson, Föredragande. – Fru talman! Varje år genomförs omkring en miljard resor med flyg inom EU. Över tid har flyget blivit en allt viktigare del av vår vardag och vår ekonomi. För ett land som Sverige är en välfungerande flygtrafik avgörande. Vi har stora avstånd och är glest befolkade. Flyget knyter samman vårt land, vår kontinent och kopplar oss till omvärlden.

    Men sektorn står inför stora utmaningar. Under 2023 var nästan tre av tio flyg mer än 15 minuter försenade. Den genomsnittliga förseningen per flygning i Europa är cirka 18 minuter. Samtidigt står flyget globalt för omkring 2 till 3 % av våra totala koldioxidutsläpp.

    I dag liknar Europas luftrum ett stort pussel där varje land har sin egen bit, och tyvärr passar inte alla bitar ihop. Det leder till omvägar, till väntetider och till onödiga kostnader. Singel European Sky ska lösa delar av detta pussel. Efter mer än ett decennium av förhandlingar har vi äntligen nått fram till en överenskommelse.

    Lagstiftningen handlar om att göra flyget säkrare, punktligare och klimatvänligare. Det gynnar resenärer, det kommer att gynna industrin och det kommer att gynna klimatet. Och det är ett viktigt steg för att modernisera Europas luftrum.

    Jag vill tacka alla som arbetat med det här förslaget. Ett särskilt tack till tidigare föredragande Bogusław Liberadzki och Marian-Jean Marinescu, som jobbade med detta oförtröttligt under den föregående mandatperioden. Och så ett tack till Jens Gieseke, min medföredragande den här gången. Det visar vad vi kan åstadkomma om vi arbetar tillsammans över partigränserna i det här huset.

    Men låt mig vara tydlig: Singel European Sky är ingen revolution – det är en evolution. Det är en kompromiss som tar oss i rätt riktning. Vi kommer att se förbättringar och effektivitet och samordning. Men även om förändringarna kanske inte blev så stora som vi hade tänkt oss, innehåller det viktiga steg framåt.

    Vi stärker till exempel övervakningen på EU-nivå, vilket kommer att vara avgörande för att säkerställa att våra europeiska regler efterföljs. Förändringarna ger oss en god plattform att bygga vidare på mot ett enhetligt, effektivt och hållbart europeiskt luftrum.

    Enligt beräkningarna kan Singel European Sky bidra till att minska koldioxidutsläppen med upp till 10 % per flygning. Det här är ett viktigt steg och en del av lösningen för att också göra flyget mer hållbart.

    Men vi måste fortsätta arbetet på flera fronter. Vi kommer att behöva säkerställa en marknad för hållbara flygbränslen. Vi kommer att behöva fortsätta arbeta med ökad effektivitet i bränsleförbrukningen i flyget. Vi kommer också att se till att de fantastiska innovationer som är på väg fram, inte minst för att elektrifiera regionalflyget, kan få en praktisk omsättning på vår europeiska flygmarknad. Jag ser fram emot en bra debatt i dag och ett bra beslut senare i veckan. Och jag är hoppfull om att resultatet kommer att bli ett bättre europeiskt luftrum.

     
       

     

      Wopke Hoekstra, Member of the Commission. – Madam President, honourable Members, let me start by wholeheartedly thanking Mr Gieseke, Mr Danielsson and the TRAN Committee for all the great work that they have been doing. But let me also thank the former rapporteurs, Mr Marinescu and Mr Liberadzki, who might be with us virtually, for successfully concluding the interinstitutional negotiations with the Council on the regulation on the implementation of the Single European Sky.

    Ladies and gentlemen, our skies – and the two rapporteurs have said that – need fixing for the good of passengers, airlines and the environment. And to illustrate what is really at stake here, let me just recall this summer, when every second flight was delayed. Every second flight was delayed. And we all know how that feels and what it is like.

    Now some of those delays were unavoidable, for example because of bad weather conditions. But if you then go into the details, you will find that many of those delayed and cancelled flights could actually simply have been reduced by improving the way we manage air traffic today. And that is, of course, the ultimate aim. That is the ultimate aim of this new regulation.

    This agreement will update rules which are 15 years old. Let me be clear – and it was said here before – it is not as ambitious as the Commission, and I feel many in this room, would have wanted. And some would consider it far away from our original plan. But what is also true is that it does represent a clear step forward, and it improves the performance of the European airspace and the provision of air navigation services in the years to come.

    The new rules will strengthen the European network, tackling the fragmentation of European airspace, and they will reduce congestion and suboptimal flight routes, which today create delays for our passengers, extra fuel consumption and unnecessary CO2 emissions.

    Ladies and gentlemen, the agreement will also stimulate innovation and facilitate new services for air traffic management. It will create incentives to reduce the environmental footprint of aviation. For example, air navigation service providers will now have to introduce environment and climate performance targets on a wider range of services. The charges that airlines will need to pay for flying over our skies will be more favourable for those carriers emitting fewer CO2 emissions and with less impact on the environment.

    Finally, more know-how will be introduced when we regulate the performance of monopoly air navigation service providers. A new performance review board will be created to support the Commission, bringing independent expertise and improving the temporary solutions that we have today.

    Madam President, honourable Members, please allow me to conclude. More than 10 years have passed since the Commission presented what was then its original proposal. Believe me, it was not an easy task. In order to reap the benefits that the agreement brings, in my view it is now urgent that the Parliament finalises the adoption of the regulation by supporting the Council’s first reading position this week. Implementation work can then start as soon as possible.

    Thank you very much, once again, in particular to the TRAN Committee and the rapporteurs, and I’m very much looking forward to the continuation of our interaction today.

     
       

     

      Sophia Kircher, im Namen der PPE-Fraktion. – Sehr geehrte Frau Präsidentin, Herr Kommissar, liebe Kolleginnen und Kollegen! Wir reisen heute fast grenzenlos durch Europa. Doch über den Wolken, wo die Freiheit wohl grenzenlos scheint, stoßen wir im EU-Luftraum immer noch auf viele unsichtbare Grenzbalken – dadurch wird der europäische Luftverkehr stark eingeschränkt. Flugzeuge fliegen oft unnötige Umwege, weil veraltete nationale Vorschriften das erzwingen. Das führt zu Verspätungen, zu Kosten und 10 % mehr CO2-Ausstoß pro Jahr.

    Der Grund dafür: Der europäische Luftraum gleicht aktuell einem komplizierten Fleckerlteppich aus vielen nationalen Vorschriften. Statt eines gemeinsamen europäischen Systems mit einheitlichen Bestimmungen überwacht derzeit jeder Mitgliedstaat seinen Luftraum eigenständig, ohne eine ausreichende Zusammenarbeit mit anderen EU-Staaten.

    Mit diesem Gesetzespaket schaffen wir nun die Grundlage für mehr Zusammenarbeit mit anderen EU-Staaten, die wir so dringend brauchen, und somit werden wir in Zukunft günstiger, schneller und nachhaltiger fliegen können. Das ist eine Win-win-Situation für uns alle. Trotz dessen bleibt noch viel zu tun. Mit diesem Gesetzespaket gelingt uns ein wichtiger Schritt, aber es liegen noch viele Meilen vor uns.

     
       

     

      Matteo Ricci, a nome del gruppo S&D. – Signora Presidente, onorevoli colleghi, dopo oltre dieci anni di trattative, siamo finalmente giunti a un accordo sul cielo unico europeo, un tema che incide direttamente sulla vita quotidiana di milioni di cittadini.

    Tuttavia, dobbiamo essere chiari: il testo che adotteremo domani non è all’altezza delle aspettative. L’Europa ha bisogno di uno spazio aereo unificato con una gestione integrata e rotte dirette per ridurre ritardi, costi e soprattutto l’impatto ambientale.

    Oggi la frammentazione del nostro spazio aereo genera inefficienze gravi, costando ai passeggeri tempo e denaro. Ogni ritardo si traduce in maggiori emissioni e questo è un prezzo che il nostro pianeta non può più permettersi di pagare.

    Il regolamento che ci apprestiamo a votare promuove una maggiore cooperazione tra le autorità nazionali ma non impone regole vincolanti per una vera integrazione dello spazio aereo europeo. È un compromesso necessario, ma non sufficiente.

    Personalmente lo considero solo un primo passo. Non dobbiamo fermarci: l’Europa ha bisogno di un cielo unico europeo per essere più competitiva.

     
       

     

      Julien Leonardelli, au nom du groupe PfE. – Madame la Présidente, nous nous défions de tout projet qui penche vers le fédéralisme, à plus forte raison lorsqu’il est placé sous l’égide de la Commission européenne. Cela ne nous empêche pas d’être pragmatiques et responsables. Le projet de ciel unique européen vise, nous dit-on, à faciliter les trajets aériens à l’intérieur de l’Union européenne et à faire économiser 5 milliards d’euros par an de kérosène pour les compagnies aériennes.

    La Commission européenne ne pouvait que briller sur ce sujet technique, qui bénéficie d’un véritable consensus européen. Cette initiative, soutenue par une large majorité, ne devait être qu’une formalité. Mais la Commission, trop occupée à outrepasser ses compétences, en oublie ses objectifs premiers. Ce texte ne verra pas l’instauration d’un ciel unique européen, malgré des années de tractations. La montagne a accouché d’une souris. C’est en tout cas ce qui ressort des positions des professionnels du transport aérien, qui ne cachent pas leur déception à l’égard de ce texte.

    Le maintien d’un millefeuille à la fois administratif et technocratique ne plaît à personne. Pendant que l’Europe brasse du vent et se penche sur un texte ridicule, qui ne change rien tant ces changements sont insignifiants, les Etats-Unis, eux, produisent déjà en très grande partie la nouvelle génération de carburants par des subventions massives dans la recherche et l’industrie. En matière d’industrie comme d’énergie, les pays européens restent à la traîne, et la Commission européenne n’y est pas pour rien. Madame von der Leyen, sur la souveraineté faites preuve de plus de retenue, et sur le ciel unique montrez plus d’ambition.

     
       


       

    PREȘEDINȚIA: VICTOR NEGRESCU
    Vicepreședinte

     
       

     

      Jan-Christoph Oetjen, im Namen der Renew-Fraktion. – Herr Präsident, Herr Kommissar, verehrte Kolleginnen und Kollegen! Zehn Jahre hat es gedauert, dass wir dieses Gesetz, diesen einheitlichen europäischen Luftraum, auf den Weg gebracht haben. Nicht etwa, weil wir hier im Parlament lange gebraucht hätten, sondern es hat an den Mitgliedstaaten gelegen, die sich sehr lange hinter nationalen Kompetenzen versteckt haben. Diese nationalen Kompetenzen haben dazu gedient, zu kaschieren, dass es in den Mitgliedstaaten staatliche Monopole in der Flugsicherung gibt, die sie nicht angetastet sehen wollen. Und zur Wahrheit gehört: So richtig antasten tun wir sie jetzt auch nicht. Das, was wir machen, ist keine Reform, sondern ein Reförmchen, aber sie adressiert wichtige Themen.

    Wir kriegen endlich dieses performance review, das heißt endlich ein Benchmark für die Flugsicherung – ob sie gut funktionieren, ob sie genügend Leute haben, wie es klappt mit den Verspätungen, an denen – nicht immer, aber sehr häufig – eben auch die Flugsicherung mit Schuld ist.

    Wir haben eine Kapazitätsfrage, die sich dadurch adressieren lässt, und von daher können wir am Ende dieser Reform zustimmen. Aber sie ist weit von dem entfernt, was wir uns eigentlich erhoffen und was wir bräuchten, damit wir die Verspätungen in Europa endlich in den Griff bekommen.

     
       

     

      Merja Kyllönen, The Left-ryhmän puolesta. – Arvoisa puhemies, yhtenäisellä eurooppalaisella ilmatilalla on pitkä historia. Tavoitteena on vähentää viivytyksiä, lisätä turvallisuutta, lieventää ympäristövaikutuksia ja alentaa palvelujen tarjoamiseen liittyviä kustannuksia ilmailualalla. Euroopan ilmatilan pirstoutumisen vähentäminen tehokkaammalla ilmaliikenteen hallintajärjestelmällä on enemmän kuin tarpeellista. Vaikka politiikka on edennyt, niin SES ei ole onnistunut saavuttamaan täysin siltä odotettua edistystä. Tämän seurauksena Euroopan ilmatila on edelleen valitettavan pirstoutunut, kallis, tehoton ja kapasiteettiongelmat jatkuvat nopeasti kasvavan lentoliikenteen vuoksi. Työn on siis jatkuttava, paikoilleen emme voi jämähtää.

    Nykyinen sääntelykehys on pitkän aikavälin työ. Siinä on ollut mukana monenlaisia toimijoita. Siinä on ollut mukana monenlaista vääntöä sellaisia historian paloja, taisteluita, joita muun muassa Yhdistynyt kuningaskunta ja Espanja kävivät aikanaan, esimerkiksi Gibraltarin osalta. Kun Brexit poisti tämän esteen, komissio on muuttanut alkuperäistä ehdotustaan, ja hyvä niin.

    Jäsenvaltiot tarvitsevat laajaa yhteistyötä ja koordinointia toiminnallisissa ilmatilan lohkoissa, myös yhtenäisen eurooppalaisen ilmatilan sääntelykehyksen luomisen jälkeen. Tässä säädöksessä tunnustetaan olemassa olevien yhteistyöjärjestelyjen arvo ilmatilan hallinnan tehostamisessa ja lentoliikennevirtojen optimoinnissa tietyillä maantieteellisillä alueilla.

    Liikenteessä yleisesti, mutta lentoliikenteessä erityisesti, turvallisuusnäkökulma korostuu ja siksi kaikissa muutoksissa on mentävä ehdottomasti turvallisuusnäkökulma edellä. Safety first! Ja ihan pakko on sanoa rakkaat terveiset aina upealle taisteluparilleni Marinesculle. Ja rakkaat terveiset myös britti Jodie Fosterille, jota ei voi kyllä tämä talo unohtaa. Olisinpa videoinut parhaat palat uusille päättäjille. Piccolino, magnifico, amato David Sassoli.

     
       

     

      Siegbert Frank Droese, im Namen der ESN-Fraktion. – Herr Präsident! Seit 20 Jahren plant die EU einen einheitlichen Luftraum, aber wenig ist passiert. Wir teilen die Kritik der Airlines an dem Vorschlag der Kommission zum einheitlichen europäischen Luftraum. Es wird zu höheren Steuern führen, mehr Bürokratie, mehr Berichtspflichten – all das wollen wir nicht. Europa ist bisher schon ein sehr sicherer Luftraum. Warum also auf Biegen und Brechen die Kompetenzen der nationalen Flugsicherungsdienste beschneiden und alles in den EU-Topf werfen?

    Es muss nicht alles harmonisiert oder einheitlich zertifiziert werden. Wichtig dagegen wäre für uns die Abschaffung von Sanktionen, z. B. gegenüber Russland. Dann könnten Flugzeuge schneller und vor allem umweltschonender nach Asien fliegen und so CO2 reduzieren. Aber immer neue Steuern und Vorschriften vertreiben Fluggesellschaften aus Europa und verteuern das Fliegen unnötig. Wir wollen, dass auch in Zukunft sich der Arbeiter noch seinen wohlverdienten Urlaubsflug leisten kann und nicht nur die Eurokraten.

    Die Kommission könnte sich unserer Meinung nach mal mit wichtigen Dingen beschäftigen, beispielsweise mit der Migration, oder vielleicht gibt es in Zukunft auch Tausende von Abschiebeflügen zu organisieren – da würden wir gern mal einen schönen Vorschlag hören. Diesem Vorschlag, der hier vorliegt, können wir nicht zustimmen.

     
       

     

      Lukas Sieper (NI). – Herr Präsident, verehrte Damen und Herren! Der berühmte deutsche Lyriker Reinhard Mey sang einst „Über den Wolken, da muss die Freiheit wohl grenzenlos sein“, und in diesen Worten steckt aus europapolitischer Sicht endlos viel Wahrheit. Denn über den Wolken gibt es keine Grenzen, da ist man einfach irgendwo über Europa. Deswegen unterstütze ich die Aktualisierung des Einheitlichen Europäischen Luftraums, auch wenn sie halb so lange gedauert hat, wie ich auf dieser Welt bin.

    Gleichzeitig sollten wir aber nicht aufhören, wo wir jetzt angefangen haben, und über weitere Dinge nachdenken. Ich möchte Ihnen da zwei Sachen vorschlagen.

    Zum einen braucht es eine Gebührenanpassung für klimafreundliche Flüge. Wir haben in der Vergangenheit gemerkt, dass wir vor allen Dingen über so etwas die Entwicklung in der Gesellschaft steuern können, und der Klimawandel kennt nun mal keine Grenzen.

    Zum anderen benötigen wir einen einheitlichen europäischen Luft-Datenraum. Wir müssen also den Datenaustausch zwischen den Mitgliedstaaten im Luftverkehr optimieren und damit effizienter machen, denn auch Daten kennen keine Grenzen. Die Arbeit am Einheitlichen Europäischen Luftraum ist wertvoll – sie ist noch nicht vorbei.

     
       

     

      Alvise Pérez (NI). – Señor presidente, ¿de verdad este Parlamento no entiende lo que se pretende hoy aquí, imponiendo el Cielo Único Europeo?

    No se trata de fomentar la competencia, no se trata de mejorar ninguna descentralización ni de ahorrarnos un 10 % más de CO2. Esa es la gran farsa: ¿qué poder en Europa está más centralizado que la propia Comisión Europea? ¿Qué entidad ha centralizado más poder que la Comisión? Ninguna. ¿Y siguen de verdad creyéndose estas iniciativas en pro del supuesto medio ambiente?

    Lo que busca con esto la Comisión es que hasta nuestros cielos dependan de una nueva entidad europea bajo el control férreo de Von der Leyen con la excusa del CO2. El Cielo Único Europeo no es más que un instrumento para expandir la supervisión y la regulación comunitaria imponiendo aún más objetivos ambientales, aún más cargas y aún más tarifas contra los usuarios de este continente. La señora Von der Leyen demuestra un desprecio absoluto por la soberanía de los países, y esta Cámara, también.

    Y aquí, un orgulloso español les responde que el desprecio, evidentemente, es mutuo. Solo que hay una diferencia esencial: quien parasita y esclaviza a nuestro país es ella, mientras que nosotros solo anhelamos libertad.

    Si queremos preocuparnos por el cielo europeo, defendámonos de las intrusiones y las amenazas militares por cielo, mar y aire con las que Marruecos y todas las falsas ONG del sur de Europa están atentando contra nuestro país.

    Esta no era la Europa que nos prometieron. Esta es una Europa mesiánica en la que no nos reconocemos.

     
       

       

    Intervenții la cerere

     
       

     

      Maria Grapini (S&D). – Domnule președinte, domnule comisar, stimați colegi, zece ani am fost în Comisia pentru transport și am tot dezbătut nevoia de îmbunătățire a Cerului unic european. Transportul prin aviație este extrem de important. Vorbeam mai devreme la raportul domnului Letta despre conectivitate, despre libera circulație. Domnule comisar, am patru zboruri pe săptămână – nu numai datorită condițiilor meteorologice sunt întârzieri. Întârzierile, așa cum ați spus și dumneavoastră, sunt frecvente și din alte cauze: lipsa de organizare, să stai pe pistă să aștepți că nu ai culoar de zbor.

    Asta înseamnă că este nevoie să aplicăm acest regulament și îl susțin, pentru că s-a lucrat la el, îmbunătățește Cerul unic european și cred că avem nevoie de un transport reformat și pe aviație pentru, sigur, eficiență economică în piața internă și, de ce nu, pentru protejarea drepturilor pasagerilor. Prețurile nu se schimbă când ai întârziere, dar ajungi foarte târziu la destinație și câteodată îți pierzi practic întâlnirile pe care ți le-ai programat.

     
       

     

      Γεάδης Γεάδη (ECR). – Κύριε Πρόεδρε, η εισήγηση για δημιουργία ενιαίου ευρωπαϊκού ουρανού αποτελεί μια προσπάθεια για βελτίωση της ασφάλειας, της αποδοτικότητας και της περιβαλλοντικής βιωσιμότητας των αεροπορικών υπηρεσιών, όπως έχει αναφερθεί.

    Όμως, πώς μπορούμε να μιλάμε για ασφάλεια όταν κλείνουμε τα μάτια στις παρανομίες; Θα γίνω πιο συγκεκριμένος. Η λειτουργία του παράνομου αεροδρομίου της κατεχόμενης Τύμπου στην Κύπρο θέτει σε κίνδυνο τις πτήσεις και χιλιάδες πολίτες καθημερινώς, αφού ελλοχεύει τεράστιος κίνδυνος για αεροπορικά ατυχήματα.

    Διερωτώμαι: δεν θα αντιδρούσατε αν λίγα μέτρα από το αεροδρόμιο της Φρανκφούρτης, δίπλα από το αεροδρόμιο στο Παρίσι, πλησίον του αεροδρομίου της Ρώμης, των Βρυξελλών, της Μαδρίτης, του Βερολίνου, λειτουργούσε ένα παράνομο αεροδρόμιο με δικούς του κανόνες; Φυσικά.

    Επομένως, ας αφήσουμε τα λόγια και ας περάσουμε στις πράξεις, που δεν είναι ο συντονισμός και η επικοινωνία με κατοχικές αρχές —κάτι που θα οδηγούσε στην κανονικοποίηση της παρανομίας— αλλά η απαγόρευση της λειτουργίας του, που θα συνοδεύεται με αυστηρότατες κυρώσεις σε αεροπορικές εταιρείες που χρησιμοποιούν το παράνομο αεροδρόμιο.

     
       

     

      João Oliveira (The Left). – Senhor Presidente, é certo que esta nova versão do Regulamento Céu Único Europeu não vai tão longe como a posição que o Parlamento Europeu havia aprovado, com tudo o que ela representava de ataque sem equívocos à soberania nacional, numa abordagem abertamente mercantilista e de liberalização ainda maior do setor aéreo, visando a sua concentração e centralização. Mas, esses não deixam de ser traços que persistem no documento final, mesmo que de forma matizada, traços que rejeitamos.

    Em nome do que esta proposta não é, não faltará certamente quem procure ir além dela, nomeadamente em Portugal, dando continuidade e consequência às ameaças que têm recaído sobre a NAV, com vista ao desmembramento da sua atividade, com prejuízo para a soberania nacional e para a economia.

    Pela nossa parte, daqui reafirmamos que continuaremos a intervir, rejeitando o caminho de liberalização do controlo aéreo e em defesa da NAV, empresa pública estratégica para o desenvolvimento nacional.

     
       

       

    (Încheierea intervențiilor la cerere)

     
       


     

      Wopke Hoekstra, Member of the Commission. – Mr President, ladies and gentlemen, dear Members, let me mention two quick points in response. The first one is on sovereignty. For those who are concerned about the impacts on the sovereignty of Member States over their airspace, let me be clear, and let me underline that all the provisions aim to foster better coordination within Europe. Member States will continue to decide whether and which parts of their airspace they open or they close. Full stop. It’s that simple. So I feel sovereignty will continue to be fully in place.

    Secondly, in response to the Members who have been speaking, let me reiterate what I said in the first term, and that is that more is needed. More needs to be done, and more today would have been better. But politics is also quite often the art of the possible. We are where we are today. Let’s seal this now and then let’s move forward from there.

     
       

     

      Jens Gieseke, Berichterstatter. – Herr Präsident, Herr Kommissar Hoekstra, liebe Kolleginnen und Kollegen! Ich danke für diesen konstruktiven Austausch. Obwohl das natürlich ganz rechts und ganz links schwerfällt, bei so einem sachlichen Thema konstruktiv mitzuarbeiten, glaube ich, dass wir insgesamt eine gute Debatte hatten.

    Der einheitliche europäische Luftraum zeigt einmal mehr unser europäisches und auch unser EVP-Engagement für die kontinuierliche Unterstützung der Fluggäste, der Luftfahrtindustrie, der Forschung und Entwicklung, auch im Luftfahrt- und im Raumfahrtsektor, sowie auch die Einhaltung der Umweltversprechen. Wir streben ganz sicher nach effizienteren Flugsicherungsdiensten, weniger Verspätungen, einem geringeren ökologischen Fußabdruck und auch geringeren Kosten für Passagiere und Fluggesellschaften.

    Der einheitliche europäische Luftraum ist ein erster Schritt vorwärts, um die Engpässe im Luftraum zu beseitigen, um endlich einen wirklich einheitlichen EU-Raum zu schaffen, ohne die nationale Souveränität zu beeinträchtigen. Das wird dann auch zu weniger Kosten und zu einer besseren Umweltleistung führen.

    Ich glaube, morgen kann wirklich ein guter Tag werden für Europa. Von daher mein klarer Appell an alle Kolleginnen und Kollegen, morgen pünktlich zur Abstimmung zu kommen und für diese Neufassung zu stimmen. Ich stimme mit dem Kommissarsanwärter, aktuellen Kommissar und demnächst hoffentlich wiedergewählten Kommissar Hoekstra überein: Das ist ein erster Schritt heute, es werden weitere in den nächsten fünf Jahren folgen müssen. Aber für die EVP kann ich sagen: Wir sind bereit, diese Arbeit fortzusetzen. Unsere Bürger werden es sicherlich danken.

     
       

     

      Johan Danielsson, Föredragande. – Herr talman! Jag blir glad över det engagemang som visats under debatten. Avslutningsvis vill jag betona att vårt arbete inom flygsektorn inte slutar här. Vi har, som många konstaterat, fortfarande mycket att göra för att säkerställa en rättvis och hållbar flygsektor i Europa.

    Smidiga gränsöverskridande transporter är viktiga men får aldrig ske på bekostnad av arbetstagares rättigheter. Under denna mandatperiod hoppas jag därför att vi kan ta itu också med andra viktiga frågor som berör sektorn.

    En revidering av EU:s förordning om luftfartstjänster står högt på agendan. För det första måste vi stärka reglerna kring så kallad wet leasing, där flygbolag hyr in plan med besättning. Wet leasing ska naturligtvis kunna användas för att möta oförutsedda händelser, men inte för att konkurrera med löner och arbetsvillkor.

    Utvecklingen – där på ytan seriösa flygbolag skapar dotterbolag med enda syftet att pressa tillbaka personalens arbetsvillkor – är inte värdig och måste få ett slut. För det andra behöver vi tydligare definitioner kring personalens hemmabas. Vi har sett hur bolag i dag utnyttjar skillnader i nationell lagstiftning för att pressa ner lönekostnaderna. Också detta måste få ett slut.

    Med det sagt återstår nu att genomföra Single European Sky. Det kommer att kräva fortsatt hårt arbete från EU-kommissionen i övervakningen av de regler som vi nu ändå får på plats, för att säkerställa att det verkligen blir ett steg framåt och inte ett slag i luften. Jag hoppas att alla är här och röstar för förslaget i morgon.

     
       

     

      President. – The debate is closed.

    The vote will take place tomorrow.

     

    15. A stronger Europe for safer products to better protect consumers and tackle unfair competition: boosting EU oversight in e-commerce and imports (debate)


     

      Didier Reynders, membre de la Commission. – Monsieur le Président, Mesdames et Messieurs les députés, je suis ravi d’être parmi vous aujourd’hui pour débattre des défis que pose le commerce électronique, tant en matière de protection des consommateurs que de concurrence loyale ou de durabilité. Ces dernières années, des milliards de colis individuels ont été expédiés directement aux consommateurs de l’Union, notamment par voie aérienne, et de nouveaux acteurs du commerce électronique, principalement installés en dehors de l’Union, dominent désormais le marché. Quatre milliards de colis devraient être livrés en 2024.

    La Commission est consciente que cet afflux de marchandises achetées en ligne pose des défis en matière de conformité au cadre juridique applicable et de sécurité, de concurrence déloyale et de durabilité. En effet, bon nombre de ces produits s’avèrent dangereux, non conformes ou contrefaits.

    En raison de l’urgence de la situation, nous devons identifier une réponse européenne collective pour garantir la sécurité et la conformité des produits vendus sur ces plateformes de commerce électronique situées dans des pays tiers, pour préserver les consommateurs de pratiques commerciales déloyales et pour assurer des conditions de concurrence justes et équitables aux entreprises européennes.

    The Commission is ready to act in cooperation with the market surveillance authorities, the consumer protection and customs authorities, as well as with the digital services coordinators under the DSA to effectively enforce Union legislation and increase the controls on those platforms and products. We have instruments at our disposal that we are already using.

    First, the Digital Services Act is a powerful tool and it is a priority to enforce this regulation. The Commission is fully committed to ensuring strong and effective enforcement against very large online platforms, notably marketplaces not complying with all rules, which risk fines up to 6% of their global turnover. The DSA gives the Commission unprecedented enforcement powers that are already available. The recent enforcement action by the Commission, which resulted in TikTok’s commitment to withdraw its ‘lite rewards’ system from the EU market, as it raised concerns of addictiveness, is a good example of what the DSA can deliver for the whole European Union.

    More specifically, regarding e-commerce, the Commission has already launched an investigation in relation to AliExpress’ practices, including on suspicions related to the risk of dissemination of illegal products and the possible negative impact to consumer protection. We have also recently designated Temu and Shein as very large online platforms under the DSA, and already launched investigative actions in relation to these two online marketplaces. Consumer protection and compliance by online marketplaces is and will remain one of our enforcement priorities. We take this responsibility seriously and will not refrain to act decisively. The Commission will also coordinate closely with the digital services coordinators, which are responsible for the smaller online marketplaces, to ensure that smaller online marketplaces also follow the rules, and that these rules are consistently applied in the European Union. The European Board for Digital Services is crucial in this respect.

    Second, customs authorities are the first line of defence when it comes to products imported from third countries. They are also key actors in the supply chain to identify and suspend the release of non-compliant and dangerous goods. The customs reform, proposed by the Commission in 2023, is currently being discussed by the European Parliament and the Council. Under this proposed reform, the implementation of an EU customs data hub would enable risk management at EU level, making the enforcement of compliance with product requirements more targeted and effective. Additionally, the proposal includes an abolition of the current threshold that exempts goods valued at less than EUR 150 from customs duties. These measures would be important tools for combating fraud and abuse. However, customs authorities cannot act alone. It is crucial for them to collaborate with market surveillance authorities and digital services coordinators to combine their tools, capacity and expertise.

    Third, the Consumer Protection Cooperation Network, under the coordination of the Commission, has carried out several enforcement actions in recent years against key market players, such as Amazon and AliExpress, to bring them into line with EU consumer protection legislation. In May, the consumer organisation BEUC informed the Commission about practices of the e-commerce platform Temu and its alleged non-compliance with, among others, EU consumer laws. The Commission has immediately informed the CPC Network about this complaint, and discussions under that format are ongoing. Compliance by major e-commerce players, including those targeting European consumers from third countries, is a top priority for the Commission and national authorities. The Commission will continue to fully support and coordinate the enforcement work of the network.

    Looking ahead, it will be essential to further tackle challenges with e-commerce platforms and strengthen measures to prevent non-EU compliant products from entering the EU market. This would include ensuring an optimal articulation between the General Product Safety Regulation, the Market Surveillance Regulation and the Digital Services Act. To further improve online product safety and compliance with relevant rules, it will be our priority to fully use the enforcement toolbox provided for under these regulations, for example, by organising product safety control to check and improve compliance of the e-commerce sector with EU product safety requirements, organising joint product sampling and testing activities involving online mystery shopping, and facilitating further the cooperation between market surveillance and customs authorities to give an unified response to the challenges of e-commerce.

    To ensure that manufacturers outside the EU comply with all rules, the new GPSR also introduces a new obligation to appoint a responsible person for their products. This will guarantee traceability and responsibility for any goods sold on the open market. To address the issue at its source, it is also paramount to continue cooperating with manufacturing third countries. We are, for example, committed to continue the awareness-raising and training activities on EU product safety rules with Chinese companies. Apart from legal obligations, it is also important to explore voluntary cooperation mechanisms, such as the product safety pledge, which has enabled the removal of close to 60 000 unsafe products listings in the past six months.

    It will also be crucial to further improve the current enforcement framework for cross-border infringement of EU consumer law, in order to preserve the level playing field in the Union and the competitiveness of EU businesses. To achieve this aim, we will continue to explore possible approaches to strengthen the Commission’s role in specific circumstances that affect consumers throughout the Union and to further improve the enforcement cooperation among national authorities. Moreover, the Commission encouraged the swift adoption of some proposed legislative initiatives, namely the ‘VAT in the digital age’ package and the customs reform, that aim to structurally improve the transparency and control on the flow of goods entering and leaving the union, starting by e-commerce goods.

    I thank you for your attention. Of course, I am now looking forward to our debate and to try to collect your proposals, remarks, or maybe some criticism.

     
       

     

      Andreas Schwab, im Namen der PPE-Fraktion. – Herr Präsident, Herr Kommissar, liebe Kolleginnen und Kollegen! Onlineplattformen haben die Art und Weise, wie Verbraucher einkaufen, grundlegend geändert. Verbraucherinnen und Verbraucher sind nicht mehr auf lokale Anbieter beschränkt, sondern können Waren bei internationalen Händlern einkaufen, wodurch ihre Auswahl erweitert wird und sie oft bessere Preise finden. Sie haben ja gerade angesprochen, Herr Kommissar: 4 Milliarden Pakete allein in diesem Jahr zeigen, dass die europäischen Verbraucherinnen und Verbraucher an internationalen Produkten interessiert sind und auf den besten Preis achten. Aber viele Drittstaatenplattformen stehen in der Kritik wegen mangelhafter Produktqualität, unzureichender Kontrollen und damit unfairer Wettbewerbsbedingungen.

    Deswegen ist es gut, Herr Kommissar, dass Sie den Dreiklang aus Maßnahmen, die greifen können, dargestellt haben. Zoll: Wir haben nach wie vor 27 unterschiedliche Zollsysteme, obwohl das einheitliche europäische Zollrecht angewendet werden muss, und es wird leider unterschiedlich angewendet. Wir haben zum Zweiten die Marktaufsichtsbehörden, die alle in nationaler Hand sind und unterschiedlich stark ausgestattet sind, und wir haben das Gesetz über digitale Dienste. Und hier, Herr Kommissar, hätte ich mir etwas mehr erwartet, denn das Gesetz über digitale Dienste wird jetzt schon zum zweiten Mal gegenüber Temu in Anwendung gebracht – aber immer mit der Bitte um Auskunftserteilung und nicht mit Entscheidungen.

    Hier müssen wir schneller vorankommen, denn mit dem Gesetz über digitale Dienste und dem Gesetz über digitale Märkte hat das Europäische Parlament hier – dieses Haus – in den vergangenen Jahren wichtige Schritte unternommen, um das Vertrauen der Bürger in die Sicherheit des Internets zu stärken und um europäischen Unternehmen fairen Wettbewerb anzubieten. Daran wollen wir festhalten, und deshalb ist die Europäische Kommission gefordert, hier Schritte folgen zu lassen.

     
       

     

      Laura Ballarín Cereza, en nombre del Grupo S&D. – Señor presidente, señor comisario, un 71 % de la población europea compra bienes y servicios en línea. El comercio en línea es cómodo, es barato, pero tiene muchos riesgos. Por ello, regularlo bien es ya inaplazable.

    Sabemos que plataformas de comercio electrónico, como Amazon, Aliexpress, Temu o Shein, están afectando a nuestro comercio en tres aspectos clave.

    En primer lugar, en la seguridad de productos que consumimos: juguetes, ropa, etc. Todos conocemos esos productos que nos llegan a casa y que no cumplen las condiciones mínimas.

    En segundo lugar, en el enorme impacto que tienen sobre el comercio local de nuestros municipios, que está siendo asfixiado por la competencia desleal de estas plataformas a nuestras pymes europeas.

    Y, en tercer lugar, en el medio ambiente, porque sabemos que estas empresas abandonan a su suerte toneladas de paquetes devueltos por clientes en Europa y en otros continentes, lo que pone en riesgo la salud de todo el planeta.

    Para eso tenemos leyes, apliquémoslas: más controles en las aduanas, y comercio y consumo responsable para proteger nuestro medio ambiente, a nuestros consumidores y nuestro comercio local.

     
       

     

      Virginie Joron, au nom du groupe PfE. – Monsieur le Président, chers collègues, Monsieur le Commissaire, nous voici en marche vers cinq ans de teutonneries supplémentaires. On avait espéré en 2019 que le premier mandat von der Leyen ferait état d’une gestion saine et honnête. Mais on a eu le matraquage des automobilistes, un dérapage budgétaire et les fourberies de Pfizer.

    Ce soir, nous parlons donc de la surveillance européenne des marchés du commerce en ligne, pendant que nos commerces de proximité ferment les uns après les autres. La vente de produits dangereux, illicites, contrefaits ou volés est encore légion sur les grandes plateformes. Cette lutte, c’était pourtant ce que vous aviez promis lors de l’adoption de toutes les législations précédentes sur la question. Votre slogan? «Le règlement sur les services numériques protégera vos enfants.» Aujourd’hui, ce n’est plus un règlement sur les services numériques, mais un règlement sur la surveillance numérique qui a été mis en place, sous l’impulsion du démissionnaire Thierry Breton. Les associations de consommateurs ont signalé en avril dernier le géant chinois Temu, parce qu’il n’assurait pas l’identification des vendeurs. C’est l’article 30 du règlement sur les services numériques. Ces mêmes associations ont fait état de cas où le consommateur est manipulé par des prix qui changent ou qui ne correspondent pas au produit choisi. C’est l’article 25 du règlement sur les services numériques. On a eu la directive de 1998 sur les indications de prix, la directive de 2005 sur les pratiques commerciales prohibées, les nouvelles règles de sécurité des jouets ou encore la réforme du code des douanes.

    Mais la réalité, c’est une jungle de normes qui empêchent nos entreprises françaises ou européennes de se développer, et des pays tiers, comme la Chine, leader mondial du commerce électronique, qui contournent sans problème nos règles – dixit un inspecteur de l’OLAF – ou, pis, qui bénéficient d’exemptions des frais de douane pour les achats dont la valeur ne dépasse pas 150 euros. Une jungle où, finalement, c’est Bruxelles qui tire une balle dans le pied du commerce électronique européen.

     
       

     

      Piotr Müller, w imieniu grupy ECR. – Panie Przewodniczący! Panie Komisarzu! Szanowni Państwo! Regulacje dotyczące bezpieczeństwa produktów w Europie są niezwykle ważne. One powodują, że z jednej strony konsumenci są bezpieczni, a z drugiej strony, że standaryzujemy pewnego rodzaju rozwiązania produkcyjne w Europie, co oczywiście też przynosi wymierne korzyści i bezpieczeństwo dla konsumentów. Jednak widzimy tę rosnącą konkurencję ze strony w szczególności rynków azjatyckich i moją obawą jest to, że te przepisy w praktyce nie będą obowiązywały właśnie wobec tych krajów, które dostają się na rynek europejski w sposób inny niż produkcja na naszym rodzimym rynku.

    W związku z tym mam pytanie do Pana Komisarza, jakie działania tutaj można byłoby podjąć (chociażby być może zapisując w nowej perspektywie budżetowej, nad którą będziemy pracować, dodatkowe środki dla urzędów, dla instytucji krajowych i unijnych, ale przede wszystkim krajowych, bo one najczęściej kontrolują jakość produktów), aby właśnie rzeczywista kontrola tych produktów, które pochodzą w szczególności z Azji, miała miejsce.

     
       

     

      Svenja Hahn, im Namen der Renew-Fraktion. – Herr Präsident! Wenn Spielzeuge für Babys so leicht auseinanderfallen, dass sie daran ersticken können, dann haben Eltern zu Recht Angst. Vor allem, wenn Untersuchungen zeigen, dass mehr als die Hälfte von Spielzeugen aus Drittländern wie China gefährlich ist.

    Wenn Designs von kleinen europäischen Designern kopiert werden und die Klamotten aus fragwürdiger Produktion mit giftigen Chemikalien belastet sind und dann auch noch über Plattformen wie Temu und Shein zu Billigpreisen verschleudert werden, dann leiden wir Verbraucher, unsere Umwelt und unsere Unternehmen, die sich an Recht und Gesetz halten.

    Illegale und unsichere Produkte dürfen nicht in unseren Binnenmarkt kommen, am besten, weil sie bereits vor Verkauf gestoppt werden. Die Kommission und die Mitgliedstaaten müssen geltendes Recht rigoros durchsetzen: das Gesetz über digitale Dienste und die neuen Regeln zu Produktsicherheit. Wir müssen gemeinsam unsere Marktüberwachung und unseren Zoll stärken. Vor allem die Digitalisierung des Zolls muss schneller vorangehen, damit wir die digitale Voranmeldung und auch den Wegfall der Freigrenze für illegale Produkte haben können, damit wir illegale Produkte aus unserem Markt fernhalten können.

    Ich baue darauf, dass die Kommission zügig einen Aktionsplan mit den Mitgliedstaaten umsetzen wird, damit unsere Kleinsten sicher sind, damit Shopping weder zur Ausbeutung von Umwelt noch von Menschen führt und Wettbewerb fair ist.

     
       

     

      Saskia Bricmont, au nom du groupe Verts/ALE. – Monsieur le Président, Monsieur le Commissaire, vous l’avez dit: Temu, Shein, AliExpress, Amazon et de plus petites plateformes inondent le marché européen de produits à faible coût. Mais, derrière ces bas prix, il y a des coûts énormes, notamment des techniques de manipulation en ligne incitant à l’hyperconsommation ou des produits de mauvaise qualité pouvant s’avérer dangereux pour la santé et la sécurité.

    Une enquête a même révélé que 80 % des jouets testés ayant été importés par le biais de ces plateformes ne respectaient pas les normes de sécurité européennes. Cela induit aussi une concurrence déloyale pour les entreprises européennes qui respectent les normes sociales, environnementales, de produits, de sécurité. Ces normes existent au niveau européen pour de bonnes raisons: la protection des consommateurs, des travailleurs, de l’environnement. Elles doivent donc être respectées par tout le monde, y compris par les entreprises importatrices et par les plateformes de pays tiers.

    Des centaines de milliers de colis arrivent chez nous tous les jours, en un clic et sans avoir fait l’objet de contrôles. Autant de produits potentiellement dangereux, qui ne respectent pas les normes européennes. Cette concurrence déloyale touche tous les secteurs et constitue souvent un frein au développement de filières locales durables et sociétalement responsables. C’est le cas notamment du secteur textile, où la concurrence déloyale de l’«ultrafast fashion» venant des plateformes chinoises menace l’émergence d’un secteur textile durable en Europe.

    L’Union européenne est bien là pour protéger les consommateurs et nos entrepreneurs: il faut donc assurer effectivement le respect des règles, la transparence et l’information des consommateurs, mais aussi des contrôles douaniers renforcés et les moyens nécessaires à de tels contrôles, des droits de douane même pour les achats de moins de 150 euros, et un renforcement des sanctions à l’égard des plateformes qui ne respectent pas les règles.

     
       

     

      Hanna Gedin, för The Left gruppen. – Herr talman! Jag ska börja med att säga att jag är glad att vi har den här diskussionen, för situationen är ohållbar.

    Från Vänstern har vi länge krävt ett stramare regelverk för e-handelsplattformar. Ett test som nyligen gjordes av leksaksbranschen visar att åtta av tio leksaker som importeras till EU och kan köpas på olika internetsajter riskerar att kväva eller förgifta barn – kväva och förgifta våra barn.

    De uppfyller inte EU:s säkerhetskrav. Vår uppgift som lagstiftare är att se till att minska risken för olyckor, att se till att medborgarna är trygga och säkra. Det gör vi genom att premiera miljövänliga och säkra produkter, samtidigt som vi ser till att arbetsvillkoren för dem som producerar de här sakerna är bra.

    Det är inte bara barn och andra konsumenter i Europa som riskerar att skadas. Det finns återkommande indikationer på att många av de här produkterna, förutom att de är skadliga, dessutom är tillverkade genom tvångsarbete.

    Kommissionen måste agera – inte bara för att den här slapphäntheten mot utländska internetsajter konkurrerar med lägre standarder och sämre arbetsvillkor än varor som produceras i enlighet med EU-lagstiftning. Dagens regelverk leder faktiskt till stora risker för alla medborgare – inte minst för våra barn. Lösningen måste vara att även utländska sajter får samma skyldigheter som inhemska aktörer, att tullen får större resurser och att varor som importeras, till exempel från Kina, inte längre ska subventioneras när det kommer till exempelvis fraktkostnader.

     
       

     

      Zsuzsanna Borvendég, a ESN képviselőcsoport nevében. – Tisztelt Elnök Úr! A helyi termelők által helyben előállított termékek védik a környezetet és a nemzetgazdaságot is erősítik, vagyis minden szempontból a társadalom jólétét szolgálják. Emiatt kezdett pártom, a Mi Hazánk Mozgalom hazai termelői vásárokat szervezni Magyarországon, ezzel is népszerűsítve a jó minőségű helyi termékek fogyasztását. Az élelmiszeripar különösen veszélyeztetett ezen a területen. Vissza kell szorítani a globális élelmiszerláncok sokszor gyenge minőségű, földrészeken át utaztatott, agyonvegyszerezett termékeinek dömpingjét.

    A multik gazdasági érdekei nem írhatják felül az emberek egészséges élethez való jogát, de meg kell akadályozni azt is, hogy politikai elfogultság alapján olyan mezőgazdasági termékeknek nyissunk szabad utat, amelyek nem felelnek meg az EU-s előírásoknak, ahogy az számos ukrán termék esetében megtörténik. Azonnali hatállyal meg kell tiltani a harmadik országokból érkező hamisított méz importját is. Ennek érdekében egy előterjesztést is készítettem, amelyet az ESN frakció benyújtott, de az AGRI bizottság napirendre sem volt hajlandó ezt tűzni. Kérem, gondolják ezt át újra!

     
       


     

      Christel Schaldemose (S&D). – Hr. Formand, kommissær. Flere og flere handler på nettet. Legetøj, tøj, gaver. Det er nemt, det er bekvemt, og det er praktisk. Men hvis man handler på platforme som Temu, så kan det altså skade både din sundhed, vores miljø og den europæiske konkurrenceevne, og alt for mange af f.eks. Temu’s produkter de lever simpelthen ikke op til de europæiske regler. De er sundhedsskadelige, miljøskadelige, og så er de også ødelæggende for vores konkurrencesituation for vores europæiske virksomheder. Derfor er der brug for, at der sker noget. Vi har fået mange nye regler, men vi har brug for, at de bliver håndhævet. Derfor vil jeg gerne opfordre EU-Kommissionen til at komme i gang med at håndhæve reglerne og gøre det lidt hurtigere, end det, der sker i dag. Vi har fået nogle gode regler i det, jeg sagde. Spørgsmålet er, om de er gode nok, spørgsmålet er, om der skal mere til. Noget af det, som jeg tror, vi skal kigge på, er, om vi egentlig ikke burde give disse handelsplatforme et importøransvar, så de fik et meget konkret og direkte ansvar for at sikre, at de produkter, de sælger, overholder de europæiske regler. Så hurtigere og bedre, og hvis ikke det er nok, så tror jeg, at vi skal se på, om der skal endnu flere strammere regler til.

     
       

     

      Ernő Schaller-Baross (PfE). – Tisztelt Elnök Úr! A termékbiztonság egyre sürgetőbb kérdés Európában, különösen az e-kereskedelem gyors ütemű terjedése révén. Mondjuk ki őszintén, a piacfelügyelet rendszere ma nem elég hatékony, hogy lépést tartson a digitális világ kihívásaival. A fellépés hiánya komoly kockázatot jelent polgáraink biztonságára nézve, és hosszú távon veszélyezteti Európa versenyképességét is. Az e-kereskedelem gyors üteme és a határokon átnyúló eladások miatt a tagállami hatóságoknak nehéz feladatuk van, hogy minden egyes terméket ellenőrizzenek.

    Így a fogyasztók biztonsága gyakran veszélybe kerül, és a szabályozás átláthatóságának fenntartására s kihívásokkal szembesül. Az Európai Parlament nem blokkolhatja tovább a háromoldalú tárgyalásokat, kezdje el a munkát. Kezdje el a termékbiztonságot érintő javaslatok, többek között a játékbiztonságról szóló szabályok tárgyalását is. Ne hagyjuk, hogy a késlekedés ára az európai polgárok vagy gyermekeink biztonsága legyen! Tegyük meg a szükséges lépéseket közösen, hogy Európa továbbra is az innováció és a biztonságos termékek kontinense lehessen. A jelenlévő vagy nem jelenlévő TISZA párti képviselőknek pedig azt üzenem, hogy ne féljenek, ha kérdést tesznek föl ebben a Házban, ebben a teremben válaszolni is lehet.

     
       

     

      Denis Nesci (ECR). – Signor Presidente, onorevoli colleghi, la protezione dei consumatori e la lotta alla concorrenza sleale, soprattutto nel commercio online, sono una questione prioritaria per l’Europa.

    Troppi prodotti non conformi agli standard europei continuano a entrare nel nostro mercato attraverso l’e-commerce, mettendo a rischio la sicurezza dei consumatori e penalizzando le nostre aziende, in particolare le piccole e medie imprese italiane ed europee.

    Non possiamo più accettare che le nostre imprese siano costrette a competere ad armi impari con prodotti di bassa qualità provenienti da paesi che non rispettano le nostre regole. Le aziende che rispettano rigorosamente la normativa europea su sicurezza e qualità sono penalizzate da una concorrenza sleale.

    Dobbiamo rafforzare i controlli alle frontiere, garantire che i prodotti importati rispettino gli stessi standard che le nostre imprese sono tenute a seguire. Chiediamo che l’Unione europea intervenga con decisione: è fondamentale che le piattaforme di e-commerce non diventino un canale privilegiato per la vendita di prodotti non conformi. Questo è un punto essenziale per difendere la sovranità economica italiana e quella europea, proteggendo il nostro tessuto produttivo.

    Come abbiamo spesso sottolineato, la nostra economia non può continuare a subire le conseguenze di politiche commerciali che favoriscono attori esterni a scapito delle nostre eccellenze.

     
       


     

      Majdouline Sbai (Verts/ALE). – Monsieur le Président, chers collègues, en dix ans, le chiffre d’affaires du commerce électronique a été multiplié par trois. Rien qu’en France, le chiffre d’affaires du site Shein se monte à 1,63 milliard d’euros. C’est un tsunami économique.

    Alors oui, oui à la protection des consommateurs, oui à la fin de l’exonération des droits de douane en dessous de 150 euros d’achats, oui à une enquête précise sur les soupçons de subventions chinoises et de concurrence déloyale, oui à la fin de la publicité mensongère, oui, encore oui au contrôle sur la toxicité, la propriété intellectuelle et la sécurité des données personnelles.

    Oui, mais quand? Combien d’enseignes et de marques européennes auront fermé entre-temps? Combien de chaussures pour enfants intoxiquées au plomb aurons-nous achetées? Combien de jeunes auront adopté des comportements de consommation détestables pour notre avenir?

    Alors, oui à tout cela, mais quand? Je vous le dis: agissons maintenant!

     
       

     

      Leila Chaibi (The Left). – Monsieur le Président, chers collègues, des ballons de baudruche à gonfler soi-même bourrés de substances cancérigènes, des jouets comprenant des pièces qui peuvent être avalées, des casques de moto pour enfants qui, en fait ne protègent pas du tout, des détecteurs de fumée qui ne détectent pas la fumée… Ces produits dangereux ne sont pas des exceptions: ils pullulent sur des plateformes de vente en ligne comme Amazon, Temu ou Wish. Les associations de consommateurs les ont testées, et le constat est alarmant.

    Comment est-il possible que ces objets puissent envahir le marché européen? La réponse est simple. Pour les géants du commerce électronique, la priorité c’est: les profits, et le marché européen, c’est le jackpot.

    C’est un triple jackpot, en réalité. D’abord, un jackpot sur les normes de sécurité, car ces plateformes ignorent les normes de sécurité en vigueur chez nous. Elles inondent l’Union européenne de produits qui ne respectent pas les réglementations en matière de sécurité, et mettent donc les Européens en danger.

    C’est un jackpot sur les conditions de travail, car ces produits sont fabriqués dans des conditions inacceptables, en exploitant les travailleurs et en détruisant la planète.

    C’est un jackpot sur les obligations fiscales, car, pour couronner le tout, ces plateformes trouvent le moyen d’échapper à leurs obligations fiscales. Et tout cela permet à ces plateformes de commerce électronique de casser les prix et d’écraser nos entreprises européennes, qui ne peuvent pas rivaliser face à cette concurrence déloyale.

    Chers collègues, il est temps de sonner la fin de la récré pour Amazon, pour Temu, pour Alibaba et compagnie. L’Union européenne passe beaucoup de temps à discuter, à légiférer sur le poids des pommes ou sur la pulpe des poires. Je ne dis pas que ce n’est pas intéressant, que ce n’est pas important, mais je crois qu’il y a plus important et plus urgent en matière de normalisation au sein du marché unique.

    Les plateformes de commerce électronique doivent assumer leurs responsabilités et se soumettre à nos règles communes. Elles doivent être tenues pour responsables des produits qu’elles vendent, comme n’importe quel commerçant en réalité. Si elles veulent jouer dans notre cour, alors elles doivent se conformer à nos règles. Pas de passe-droit. La santé et la sécurité des Européennes et des Européens passent avant leurs profits.

     
       

     

      Kateřina Konečná (NI). – Pane předsedající, kolegyně a kolegové, hračky pro batolata, které se snadno rozbijí na malé kousky, u nichž hrozí vdechnutí, nefungující plynové alarmy či hračky a kosmetika obsahující nebezpečné chemikálie – zkrátka produkty, které ohrožují spotřebitele a které jsou v Evropské unii zakázány vyrábět i prodávat.

    Jenže e-shopy až do této chvíle dokáží naše pravidla zdatně obcházet a společně s nimi je obchází i výrobci ze zemí mimo Evropskou unii. Tyto zdraví i život ohrožující výrobky, jež často cílí na děti, nadále zaplavují evropský trh díky e-shopům a nízkým nákladům na jejich výrobu. Budu ráda, pokud konečně tuto skulinu, jednou provždy, odstraníme. On-line platformy musí také nést odpovědnost za produkty, které na svých stránkách nabízejí. Jejich stahování musí mít jasná pravidla. Informační systémy musí být lépe připraveny a pokuty za jejich prodávání musí být značně vyšší, než byly dosud. Jsem ráda, že alespoň zde se věci mají s novými pravidly ubírat správným směrem.

     
       

     

      Kamila Gasiuk-Pihowicz (PPE). – Panie Komisarzu! Koledzy, koleżanki! Unia Europejska jest liderem we wprowadzaniu regulacji chroniących konsumentów na rynku cyfrowym, a jednocześnie miliony Europejczyków korzystają z niespełniających standardów Unii Europejskiej produktów. Dlaczego? Po pierwsze dlatego, że europejski rynek jest zalewany przez chińskie subsydiowane towary sprzedawane po bezkonkurencyjnie niskich cenach. 2023 rok 2 miliardy paczek, 2024 rok dwa razy tyle paczek – 4 miliardy.

    Po drugie wjeżdżają niebezpieczne produkty. W liście, który otrzymałam od 100 producentów zabawek z Polski, wskazano na sprawozdanie Toy Industries of Europe, z którego dowiadujemy się, że 18 z 19 zabawek kupionych na platformie Temu stanowi rzeczywiste zagrożenie dla bezpieczeństwa dzieci. Po trzecie chińskie platformy sprzedażowe stosują agresywny marketing i manipulują klientami. Często informacje o tym, kto sprzedaje i za ile sprzedaje wymagają dziesiątki kliknięć, a i tak na koniec są podawane po chińsku.

    Co możemy zrobić, żeby przywrócić uczciwą konkurencję? Po pierwsze wprowadzić poza nielicznymi wyjątkami cła na paczki o wartości do 150 euro. Po drugie Komisja musi skutecznie i szybko egzekwować istniejące prawo. Po trzecie działania organów nadzoru krajowych i unijnych muszą być skoordynowane. Musimy to zatrzymać, zanim będzie za późno, zanim miliony produktów niespełniających standardów bezpieczeństwa trafią do naszych domów, do rąk naszych dzieci, zanim setki tysięcy miejsc w Europie znikną. Musimy to zrobić teraz.

     
       

     

      Maria Grapini (S&D). – Domnule președinte, stimați colegi, discutăm de protecția consumatorului și concurența loială în piață, domnule comisar. Sigur, am dezbătut astăzi și dezbatem comerțul online. Avem foarte multe reglementări, le-ați enumerat și dumneavoastră. Întreb: poate un cetățean, un consumator care a achiziționat online un produs să se apere dacă produsul e defect, dacă se îmbolnăvește, dacă produsul nu este conform? Avem reglementare de la etichetare până la dreptul la repararea produselor.

    Totuși, în piața internă sunt extrem de multe produse neconforme din țări terțe și – sigur nu vă dau, cred, o noutate – și în comerțul online avem produse din țări terțe pentru că acordurile nu sunt bine comercial făcute. Nu este subliniată respectarea standardelor de produs, cele europene, și atunci întrebarea este: cum le aplicăm? Reformarea vămilor – pentru prima dată vom avea o autoritate europeană pentru vămi. Problema este de aplicare, nu de reglementare. Am rămas în urmă cu implementarea și cred că aici trebuie să punem accent împreună cu statele membre, evident, ca să protejăm cu adevărat consumatorii.

     
       

     

      Gilles Pennelle (PfE). – Monsieur le Président, nous ne pouvons bien évidemment, au groupe des Patriotes pour l’Europe, que saluer l’intention de protéger les consommateurs européens. Cependant, le rapport Letta nous démontre que nous assistons à une augmentation des fraudes, à une augmentation de la concurrence déloyale et à ces fameuses importations de produits dangereux.

    Alors certes, on a beaucoup parlé des jouets. Je voudrais aussi parler des médicaments, par exemple, qui sont extrêmement dangereux pour la santé lorsqu’ils sont achetés sur des sites que personne ne contrôle. Dans la réalité, vous récoltez, à la Commission et dans cette Union européenne, les fruits de votre politique. C’est le résultat du dogme suprême du libre-échange qui nous amène là où nous en sommes.

    En effet, comment contrôler cette jungle qu’est devenu aujourd’hui le commerce électronique, où les géants du numérique règnent en maîtres. Je pense que les solutions ne sont, comme d’habitude, pas celles que vous proposez. Les solutions sont nationales. Il faut renforcer les douanes nationales pour contrôler ces importations de produits dangereux.

    Je voudrais, puisqu’il me reste quelques secondes, rappeler que, dans la plus grande opacité, dans le plus grand secret, la Commission européenne négocie actuellement le traité de libre-échange avec le Mercosur. Mais, là aussi, nous allons probablement importer des produits dangereux, des viandes de très mauvaise qualité, nourries par des produits interdits dans l’Union européenne.

    Finalement, vous êtes face à vos contradictions. Il est temps de changer de politique.

     
       

     

      Francesco Torselli (ECR). – Signor Presidente, onorevoli colleghi, oggi l’Unione europea sta subendo un vero e proprio attacco da parte di certe nazioni straniere a colpi di prodotti non conformi, di bassissima qualità, spesso anche pericolosi per il consumatore finale.

    Un attacco che sfrutta due falle esistenti nel nostro sistema di difesa: la prima, la possibilità di aggirare facilmente le regole da parte di certe piattaforme online; e la seconda, il fatto che l’Europa negli ultimi anni ha promulgato una serie di regolamenti autolesionisti, che spesso sembravano più favorire chi stava fuori dall’Europa piuttosto che le nostre imprese.

    È essenziale che oggi l’Unione europea intensifichi i controlli alle frontiere, protegga i consumatori, contrasti la concorrenza sleale. Dobbiamo migliorare la cooperazione, responsabilizzare le piattaforme online. Cooperazione e responsabilità: queste sono le ricette per un’Europa più forte che contrasti il commercio illegale.

     
       

     

      Nikola Minchev (Renew). – Mr President, the European Union is a global leader in setting high standards with the aim of ensuring quality and protecting our consumers. ‘Made in the EU’ is not just a label; it’s an unmatched guarantee of quality and safety. Yet we allow unreasonably cheap, low-quality, sometimes even dangerous, products to flood our markets, undercutting our industries. This must change.

    We need stronger enforcement of anti-dumping measures to defend the integrity of our single market. The European Commission has made recent strides, improving trade defence instruments by over 40 % to allow faster investigations and duties on unfair imports. But more action and especially enforcement of the existing rules is needed.

    Take my own country, Bulgaria. As the EU’s sixth largest exporter of electric bikes, our manufacturers face competition from cheap, lower quality imports from non-EU countries. These imports threaten to destabilise the growing sector. Robust enforcement, like recent EU actions against Chinese e-bikes, is essential to protect jobs, innovation and fair competition across Europe.

     
       

     

      Anna Cavazzini (Verts/ALE). – Herr Präsident, liebe Kolleginnen und Kollegen! Der Teddybär auf der Onlineplattform Temu, der sieht süß und flauschig aus und kostet auch nur zwölf Euro. Aber wenn die Verbraucherinnen und Verbraucher diesen Teddy bestellen, besteht die 95-prozentige Wahrscheinlichkeit, dass er den europäischen Vorgaben für Produktsicherheit nicht entspricht. In anderen Worten: Das Kuscheltier ist gefährlich: Seine Augen können verschluckt werden, oder das Fell ist vielleicht giftig.

    Dem immer schneller wachsenden Anteil des Onlinehandels, besonders mit Billigprodukten aus China, stehen Zoll und Marktüberwachung hier in Europa hilflos gegenüber. Dieses Jahr gehen Schätzungen zufolge vier Milliarden Pakete in die Europäische Union ein, die unter der Zollgrenze von 150 Euro liegen, und sie landen direkt bei den Verbraucherinnen und Verbrauchern.

    Es ist allerhöchste Zeit, unseren hohen europäischen Verbraucherschutz auch im Onlinehandel durchzusetzen. Die Kommission muss das Gesetz über digitale Dienste konsequent umsetzen und Online-Marktplätze mehr in die Verantwortung nehmen. Die EU-Zollreform ist der Schlüssel, um Kontrollen an unseren Grenzen zu verbessern. Das Parlament hat seine Hausaufgaben gemacht; der Rat schleicht und blockiert, und wir verlieren kostbare Zeit.

    Wir brauchen endlich mehr rechtliche und finanzielle Verantwortung für die Onlineplattformen. Den großen Wurf hat leider die konservative Seite dieses Parlaments in der letzten Legislatur blockiert; jetzt erkennen alle, glaube ich, dass es ein Fehler war.

     
       

     

      Christian Doleschal (PPE). – Herr Präsident, Herr Kommissar, liebe Kolleginnen und Kollegen! Ein T-Shirt für drei Euro, eine Jacke für sieben oder ein Kinder-Plüschtier für wenige Cents: E-Commerce-Händler wie Temu oder Shein überfluten mit aggressiven Vermarktungsstrategien und Dumpingpreisen unsere Märkte. Allein 2023 exportierten Shein und Temu zusammen täglich 9000 Tonnen Fracht nach Europa. Mit ihren unlauteren Praktiken setzen sie unsere Onlinehändler, aber auch unsere Geschäfte in unseren schönen Innenstädten unter enormen Druck. Während diese sich an strenge europäische Vorschriften halten, verstoßen Temu und Shein gegen Vorgaben zur Produktsicherheit, Arbeitsbedingungen, Nachhaltigkeit, Urheberrecht und Datenschutz – ohne spürbare Konsequenzen.

    Doch eigentlich mangelt es nicht an Regeln, sondern an deren konsequenter Durchsetzung. E-Commerce-Plattformen wie Temu oder Shein nutzen geschickt Lücken in der Marktüberwachung und bei der Wareneinfuhr zu ihrem Vorteil. Fehlende innereuropäische Vernetzung beim Datenaustausch, unzureichende Zollkontrollen und die aktuell noch gültigen Zollbestimmungen begünstigen die oftmals ungeprüfte Einfuhr von Waren aus dem Ausland in massenhaften Paketen mit geringem Warenwert.

    Ja, es ist wichtig, die Aufhebung der Zollbefreiung von Waren unter 150 Euro im Rahmen der EU-Zollreform anzuregen, und dafür danke ich der Kommission. Wir müssen sehen, dass diese neuen Regeln so schnell wie möglich in Kraft treten und durchgesetzt werden. Es geht nicht darum, Protektionismus zu fördern, vielmehr geht es um fairen Wettbewerb – wenn unsere Innenstädte leer gefegt und unsere europäischen Onlinehändler zerstört sind, ist es zu spät.

     
       

     

      Bernd Lange (S&D). – Herr Präsident, Herr Kommissar, liebe Kolleginnen und Kollegen! Die Temu-Schlagzeile „Shoppen wie ein Millionär“ müsste man wahrscheinlich umdichten in „Verkaufen wie ein Milliardär“. Wir haben gehört, vier Milliarden Päckchen kommen dieses Jahr von den Onlineplattformen Temu, Shein und AliExpress, und da frage ich mich schon, Herr Kommissar: Warum haben wir da nicht eine Gleichbehandlung mit Verkäufen innerhalb der Europäischen Union?

    Ich möchte ja nicht den Markt zumachen, überhaupt nicht. Aber es kann doch nicht sein, wenn wir innerhalb der Europäischen Union RAPEX haben, andere Möglichkeiten haben und wenn da ein Laden Produkte verkauft, die nicht akzeptabel sind, wird der Laden zugemacht, und hier fragen wir immer nur nach Informationen und machen im Grunde nicht klar, wenn ein Produkt auf der Plattform ist, und das ist mehrmals passiert, dass diese Plattform eben nicht mehr liefern kann.

    Oder auch – Sie sagen, die 150 Euro müssen fallen. Fallen die 2028, wie die Kommission vorschlägt, oder eben früher? Und was ist mit dem Rat und der Zollreform? Auch hier passiert zu wenig. Nicht nur klagen, sondern auch handeln für einen fairen Wettbewerb.

     
       

     

      Valérie Deloge (PfE). – Monsieur le Président, quand on entend parler de contrefaçons, on ne pense pas tout de suite à la nourriture. Pourtant, rien qu’en 2023, ce sont 1 150 000 produits alimentaires contrefaits qui ont été saisis en France. Yaourts, pâtes, fromages, mais aussi vin, cognac, huîtres et petits pots pour bébé: tout y passe. Ces produits sont faits pour ressembler à s’y méprendre aux originaux, mais ils ne répondent pas à nos normes et peuvent causer des risques pour notre santé. Pis: ces contrefaçons sont souvent 20 % à 70 % moins chères que les originaux. Nombreux sont les consommateurs qui les achètent, pensant profiter d’offres attrayantes sur des lots de déstockage.

    Cette situation est aussi dangereuse qu’intolérable. Elle signifie que nos agriculteurs et nos transformateurs ne sont pas seulement en concurrence avec les pays étrangers qui inondent notre marché à cause d’accords de libre-échange irresponsables, ils sont aussi en concurrence avec ces fraudes, qui ternissent l’image des filières et véhiculent une image négative des produits.

    Après les manifestations de l’an dernier, vous avez dit entendre la colère du monde agricole. Vous prétendez vouloir rétablir la réputation des agriculteurs et défendre les filières européennes: voici une bonne occasion de le faire. Traquez ces produits, contrôlez l’entrée des marchandises de mauvaise qualité ou qui ne répondent pas à nos normes et rendez au consommateur l’assurance qu’en achetant des produits européens ils achèteront de la qualité. La colère des agriculteurs, elle, est toujours là. À vous maintenant de prouver que vous pouvez vraiment agir.

     
       

     

      Nicolas Bay (ECR). – Monsieur le Président, à quoi bon avoir les normes les plus strictes et les plus exigeantes du monde si c’est pour laisser notre marché être inondé par des importations qui ne les respectent pas? À quoi bon étouffer nos producteurs par la paperasse, les taxes, les règles, si c’est pour laisser leurs concurrents tricher?

    Face à la concurrence déloyale, l’Union doit autant protéger ses consommateurs que défendre ses entreprises et ses producteurs. La réciprocité et des conditions équitables de concurrence sont nécessaires pour que le commerce soit bénéfique à tous. Il est impératif de multiplier les contrôles sur les importations et il est surtout impératif de ne pas nouer des accords commerciaux déséquilibrés. Le traité avec le Mercosur, en particulier, que la Commission cherche à conclure dans la précipitation, sacrifiera comme toujours nos agriculteurs. C’est une telle certitude, d’ailleurs, qu’un fonds est déjà prévu pour les indemniser.

    Nos producteurs sont les plus respectueux à la fois des consommateurs, de leurs animaux et de l’environnement. Leurs produits sont les meilleurs au monde. Ils ne veulent pas vivre de la charité. Ils veulent vivre du plus vieux et du plus noble des métiers: le travail de la terre, le travail de nos pères. Libérons-les et laissons-les se battre à armes égales en cessant d’organiser la concurrence déloyale, qui les condamne à la disparition.

     
       

     

      Anna Stürgkh (Renew). – Herr Präsident! Ja, bei fast jeder Diskussion zur EU fällt ein Wort wie das Amen im Gebet: Regulierung. Die EU als Regulierungsweltmeister und die Regulierung als quasi Endgegner der Innovation, ganz nach dem Motto „Du, glückliches Europa, reguliere“. Dabei steckt ja hinter den Regulierungen eigentlich ein wichtiges Ziel: nämlich Menschen und Unternehmen zu schützen und sie zu unterstützen, sicherzugehen, dass sie nicht Produzentinnen und Produzenten ausgeliefert werden, die Gesetze mit Füßen treten und Profit am Ende sogar noch mit dem Leben ihrer Konsumentinnen und Konsumenten machen.

    Dafür müssen wir aber die richtige Regulierung machen, und dafür müssen wir uns auch trauen, manchmal hinderliche Regulierungen wegzulassen. Wir müssen Menschen die Sicherheit geben, dass die Produkte, die sie in Europa auch online kaufen, nicht ihre Gesundheit oder ihr Leben gefährden. Wir müssen dafür sorgen, dass die Regeln, die für europäische Produzentinnen und Produzenten gelten, auch für Produkte gelten, die in unserem Land aus Drittstaaten in unsere Haushalte kommen. Wir müssen sichergehen, dass europäische Regeln auch europäisch gelten und nicht 27-mal unterschiedlich ausgelegt werden.

    Die Ziele sind richtig, der Weg noch holprig. Aber ja, „Du glückliches Europa – reguliere“.

     
       


     

      Δημήτρης Τσιόδρας (PPE). – Κύριε Πρόεδρε, αγαπητοί συνάδελφοι, οι Ευρωπαίοι πολίτες σε πολλές περιπτώσεις νιώθουν απροστάτευτοι από αθέμιτες πρακτικές, αλλά και από τον τρόπο με τον οποίο γίνονται πολλές συναλλαγές, ιδιαίτερα στο νέο ψηφιακό περιβάλλον.

    Στο ηλεκτρονικό εμπόριο πολλές φορές οι καταναλωτές δεν αισθάνονται ότι έχουν τον πλήρη έλεγχο των συναλλαγών τους λόγω των πολύπλοκων κανόνων και των ρητρών που περιλαμβάνονται στα περιβόητα ψιλά γράμματα. Σε πολλές περιπτώσεις υπάρχουν συγκαλυμμένες χρεώσεις, ενώ ο σχεδιασμός πολλών ψηφιακών υπηρεσιών δημιουργεί εθισμό στα παιδιά και οδηγεί σε πρόσθετες χρεώσεις μέσω βιντεοπαιχνιδιών. Παράλληλα, κάθε χρόνο, καταναλωτές στην Ευρωπαϊκή Ένωση αγοράζουν, χωρίς να το γνωρίζουν, προϊόντα τα οποία δεν πληρούν τα ευρωπαϊκά πρότυπα ποιότητας και ασφάλειας.

    Ένα άλλο σημαντικό θέμα είναι ότι μεγάλες πολυεθνικές εταιρείες εκμεταλλεύονται τη δεσπόζουσα θέση τους στην αγορά για να επιβάλουν γεωγραφικούς εφοδιαστικούς περιορισμούς, επιβάλλοντας αδικαιολόγητα υψηλές τιμές. Ο πρωθυπουργός Κυριάκος Μητσοτάκης έχει στείλει στην Επιτροπή μια σχετική επιστολή και πιστεύω ότι θα πρέπει να επιληφθεί του θέματος. Είναι αναγκαία η αυστηρή τήρηση των κανόνων και, όπου χρειάζεται, περαιτέρω αυστηροποίηση της νομοθεσίας και συνεργασία των αρχών, προκειμένου οι Ευρωπαίοι καταναλωτές να αισθάνονται ότι προστατεύονται.

     
       

     

      Biljana Borzan (S&D). – Gospodine predsjedavajući, potrošačke organizacije čak 17 država prijavile se Europskoj komisiji najnoviji kineski div Temu. Propituje se sigurnost proizvoda, štetnost za zdravlje, pa čak i prodajni lanac u smislu prodaje ilegalnih proizvoda. Temu i dalje prodaje, ljudi i dalje kupuju.

    Prije nekoliko godina 18 potrošačkih organizacija prijavilo je Tik Tok europskim tijelima radi štetnog utjecaja na maloljetnike, koji čine 30 posto njihovih korisnika. Narušavanje mentalnog zdravlja, izazivanje ovisnosti, poticanje nezdravih navika i ponašanja kod djece gorući su problemi koji traže hitnu reakciju. Unatoč tome, promjene na platformi su minimalne.

    Kako prisiliti internetske divove da poštuju europska pravila? Treba dati veće ovlasti Europskoj komisiji u slučaju povrede potrošačkih prava. Pokažimo građanima da nisu sami, da je udar na naše ljude, udar i na naše institucije i da će one brzo i efikasno odgovoriti ondje gdje ih najviše boli. One koji rade greške – udarimo ih po džepu.

     
       

     

      Philippe Olivier (PfE). – Monsieur le Président, la question de la sécurité des produits n’est pas toujours affaire de développement juridique ou de normes, mais de contrôles. Elle pose la question des portes d’entrée de l’Europe, et les portes d’entrée de l’Europe, ce sont les ports. Sur Le Havre, sur 6 000 conteneurs, seuls 5 sont contrôlés. D’une manière générale, tous les ports européens tendent à être pris en main par les mafias, soit par la peur et par la menace, soit par la corruption. Personne ne s’en préoccupe.

    Comment croire que le libre-échange puisse être vertueux quand même les règles les plus élémentaires de surveillance sont en pratique bafouées aux endroits où les contrôles devraient être implacables? Que dire des matières premières qui sont vendues en Europe par des pays qui ne les possèdent pas, mais qui les volent? La République démocratique du Congo est ainsi pillée par son voisin, le Rwanda, et l’Europe commet des actes de recel en achetant à Kigali de telles matières premières.

    Si vous souhaitez ramener un peu d’éthique dans le commerce sans limites et sans règles, rétablissez les contrôles nécessaires.

     
       


     

      Henrik Dahl (PPE). – Hr. Formand. Tak for ordet. Kinesiske online platforme som Temu og Sheen presser det europæiske marked med produkter, der for det første er lodret ulovlige og for det andet er farlige. Disse produkter er for det første en risiko for forbrugerne, men de er også en direkte trussel imod det indre marked. Temu undergraver systematisk de regler, vi har bygget op for at beskytte de europæiske borgere. De regler overholder de europæiske virksomheder i modsætning til Temu. Når Temu udnytter huller i lovgivningen, så får de en unfair konkurrencefordel, som de bruger til at udkonkurrere europæiske virksomheder. EU har skabt et robust regelsæt for forbrugersikkerhed, men uden en effektiv håndhævelse er de regler ikke noget værd. Vi skal ikke tolerere, at kinesiske platforme systematisk bryder reglerne og underminerer europæiske virksomheder. Derfor er det på tide at tage kampen op mod de aktører, der misbruger systemet, skader forbrugerne og fører en form for økonomisk krig imod Europa. Europa skal være stærkt, og derfor skal Europa sanktionere de kinesiske virksomheder, som bevidst bryder reglerne.

     
       

     

      Pierre Jouvet (S&D). – Monsieur le Président, chers collègues, pour éviter un anniversaire ou un Noël sans cadeaux, des parents achètent à bas prix des jouets sur des sites chinois. Comment leur en vouloir, quand les fins de mois sont devenues si difficiles? C’est pourtant un cadeau empoisonné, parce que ces jouets sont certes peu chers, mais très probablement toxiques. D’après des tests menés en laboratoire, près de 80 % d’entre eux sont dangereux.

    En plus de ces jouets toxiques, combien de parfums irritants, de lunettes de soleil inefficaces, de jeans de contrefaçon seront vendus par ces plateformes chinoises qui inondent le marché? Temu, Shein, AliExpress importeront près de 4 milliards d’articles en Europe cette année. Ce chiffre a triplé en trois ans. Ces plateformes profitent du seuil douanier de 150 euros sur les colis internationaux pour échapper à tout contrôle. Ces entreprises violent les droits des consommateurs et nuisent aux fabricants européens, qui, eux, respectent les normes sociales et environnementales.

    L’Europe doit se réveiller et faire respecter un principe simple: «Notre marché, nos règles.»

     
       

     

      Zala Tomašič (PPE). – Gospod predsednik. V skladu s Temujevo politiko zasebnosti se osebni podatki, kot so ime, priimek, naslov, zgodovina nakupov in lokacija, lahko delijo s tretjimi oglaševalci, ponudniki storitev in poslovnimi partnerji. Temu včasih ponuja storitve, Temu včasih ponuja izdelke celo brezplačno. Ampak potrebno se je zavedati, da nič ni brezplačno.

    V zameno platforma pridobiva osebne podatke in spremlja obnašanje potrošnikov na spletu. Obstajajo pa tudi skrbi, da se ti podatki potem prodajajo tudi naprej. Le malokateri potrošnik pa se tega tudi zaveda.

    Poleg tega je kvaliteta teh izdelkov vprašljiva. Slišali smo že, kako otroške igrače takoj razpadejo na majhne dele, kako detektorji dima dima ne zaznajo. Ampak problem so tudi kozmetični izdelki, ki lahko pustijo nepopravljive poškodbe sluznice in kože.

    Močno podpiram prosti trg in konkurenčnost na trgu, vendar pa moramo zaščititi tako potrošnike pred zlorabo osebnih podatkov in škodljivimi izdelki kot tudi naše podjetnike pred nelojalno konkurenco.

     
       

     

      Maria Guzenina (S&D). – Arvoisa puhemies, komission edustajat, EU:n pitäisi olla maailman turvallisin alue ostaa tavaraa. Meillä on tiukat standardit sille, millaisia tuotteita täällä saa myydä, joten miten ihmeessä on mahdollista, että tuoreissa testeissä jopa 80 prosenttia leluista, joita myydään muun muassa kiinalaisissa verkkokaupoissa, eivät täyttäneet lelujen turvallisuusvaatimuksia. Kyse on kuluttajien, erityisesti lasten terveydestä. Kyse on ympäristömme suojelemisesta. Kyse on turvallisuudesta ja kyse on eurooppalaisten yritysten mahdollisuudesta pärjätä.

    Kiinalaiset säännöistä piittaamattomat jättimäiset verkkokaupat toimittavat kiihtyvällä vauhdilla tavaroita Eurooppaan. Suomen tullin mukaan kiinalaisten pakettien valtava määrä vaarantaa jo tullinkin toimintakyvyn.

    Tuoteturvallisuusdirektiivi, se on hyvä alku, mutta on tärkeää, että me emme lisää vastuullisten eurooppalaisten yritysten sääntelyä, vaan meidän pitää varmistaa, että kiinalaiset kaupat noudattavat eurooppalaisia sääntöjä.

    Tämän asian ratkaisemisella on kiire. Komission on tehtävä tässä tehtävänsä. Euroopan on oltava yhtenäinen tässä asiassa. Kyse on eurooppalaisten terveydestä.

     
       

     

      Niels Flemming Hansen (PPE). – Mr President, dear Commissioner, honourable colleagues, e-commerce has rapidly expanded, offering consumers access to products from around the globe. A recent study found that 30 out of 38 products from the Temu platform failed to meet European safety standards, posing a serious risk to consumers. Some 30 out of 38, my dear friends: that’s 78 %.

    This is not about protectionism. It’s about ensuring fairness and safety. Non-compliance puts the consumers at risk and creates an uneven playing field, especially for European SMEs that follow EU rules. SMEs, which are the backbone of our economy, will suffer the most.

    The scale of e-commerce makes it impossible for national customs to manage alone. In Germany, it’s estimated that there are around 400 000 packages a day from China; 78 % of that is 320 000 packages.

    Finally, this is a test of the EU’s ability to address the challenges of a globalised marketplace. We must be decisive, not only to protect our consumers, but to prove that Europe can enforce its own rules and uphold fairness in the single market.

     
       

     

      Pierfrancesco Maran (S&D). – Signor Presidente, onorevoli colleghi, caro Commissario, come ha ben sottolineato, è necessario sistemare alcuni aspetti del mercato online e questo va fatto rapidamente.

    Oggi il 70% dei cittadini europei compra beni e servizi online. Eppure esistono due mercati: uno per chi rispetta le regole e uno per chi non le rispetta e le aggira. In molti abbiamo sottolineato come alcuni soggetti sono certamente protagonisti delle violazioni.

    Operatori come Temu, Shein, AliExpress – che insieme contano 300 milioni di utenti in Europa – immettono sul mercato migliaia di prodotti non sicuri a prezzi stracciati. Loro lo sanno bene e sanno che possono farlo, perché non mettiamo ancora in campo azioni strutturali che li rendano corresponsabili.

    Questo è il punto di lavoro principale, perché non possiamo pensare di andare ad inseguire ogni consegna alle dogane. È necessario agire alla fonte nei loro confronti, perché si adoperino per una svolta nei loro comportamenti commerciali.

    Lo dobbiamo ai cittadini europei, che devono sapere che i prodotti che comprano sono sempre sicuri e non essere tentati dalla convenienza del low cost senza regole. E lo dobbiamo alle aziende che invece rispettano le regole e che meritano di non avere questa concorrenza.

     
       


     

      Elisabeth Grossmann (S&D). – Herr Präsident, Herr Kommissar, meine sehr geehrten Damen und Herren! Die Digitalisierung und der wachsende E-Commerce haben unsere Märkte grundlegend verändert, und es ist unerlässlich, dass wir als EU entschlossen handeln, um Sicherheit und Fairness zu gewährleisten. Der europäische Handel gerät durch das Onlineangebot aus dem EU-Ausland zunehmend unter Druck, und große Plattformen, vorwiegend aus China, überschwemmen gerade den europäischen Markt mit Billigangeboten und nutzen die bestehenden Schlupflöcher aus, was den Wettbewerb verzerrt und europäische Unternehmen stark benachteiligt und auch europäische Arbeitsplätze kostet und natürlich auch europäische Wertschöpfung.

    Und ich sage Ihnen: Es ist nicht fünf vor zwölf, es ist fünf nach zwölf, weil es hat sich bereits das Kaufverhalten der Menschen erheblich verändert, und es sind bereits zahlreiche Unternehmen im Produktionsbereich und auch im Handelsbereich insolvent. Und hier haben wir in Zukunft mitunter auch ein Problem mit der Versorgungssicherheit.

    Deshalb ist dringendes Handeln, rasches Handeln geboten. Es ist mit dem Gesetz über digitale Dienste und dem Gesetz über digitale Märkte einiges gelungen – aber diese Gesetze gehören auch konsequent umgesetzt, und zwar sofort.

     
       

       

    IN THE CHAIR: ESTEBAN GONZÁLEZ PONS
    Vice-President

     
       

     

      Regina Doherty (PPE). – Mr President, Commissioner, EU consumer rights are worth absolutely nothing unless they are effectively enforced. We have made some progress with the General Product Safety Regulation, which is going to come into effect later on this year, and we are working on ambitious reforms, but it’s not just about laws.

    The EU’s many market surveillance authorities have to work together in order to take risk-based market surveillance seriously, because when it comes to illegal products coming into EU countries, we should be really, really vigilant. According to the Commission, last year, 2.3 billion items worth less than EUR 150 entered the EU last year. And we’re facing what could only be described as a flood of cheap products. Member State authorities are frequently overwhelmed and sometimes just to verify whether something meets a product safety standard is next to impossible. So we need to support these authorities and make sure that they have the resources they need to do their work online markets such as China’s Temu must meet the standards that we uphold every single European company to in order to have the right to operate in the EU market.

    We don’t want protectionism, we don’t want to reduce global trade. We just want to make sure that the level playing field is level and that the people who are consuming the goods are safe from them.

     
       

     

      Salvatore De Meo (PPE). – Signor Presidente, onorevoli colleghi, in questi mesi ricorre insistentemente il tema della competitività, soprattutto in quest’Aula. Però leggiamo dalla recente relazione Letta che il 75% dei prodotti pericolosi in circolazione in Europa deriva da Paesi terzi ed è un dato in crescita preoccupante.

    Potete ben capire che questo non solo mette a rischio la competitività delle nostre imprese ma anche la salute dei nostri consumatori, ai quali invece dobbiamo garantire prodotti sicuri con controlli rigorosi, in particolare quelli acquistati sull’e-commerce, piattaforme esplose durante il periodo del COVID.

    Dobbiamo intervenire con urgenza per contrastare l’eccessiva presenza di prodotti dei Paesi terzi, che attraverso le piattaforme riescono a raggiungere con comodità milioni di utenti in tempi rapidissimi. Questa situazione crea una concorrenza sleale che penalizza le nostre imprese, che invece sono obbligate a rispettare norme sempre più stringenti, mentre molti prodotti sono importati senza i dovuti controlli.

    E allora particolare attenzione va rivolta soprattutto ai giocattoli, oppure ai farmaci, perché rivolti ai bambini e alle persone che hanno bisogno di cure. Dobbiamo garantire standard di sicurezza.

    In questo contesto, l’unione doganale può fare ovviamente molto di più e auspichiamo che, ovviamente, la riforma che è stata avviata possa essere portata a termine per garantire una vigilanza più stringente sulle importazioni, proteggendo il nostro mercato e soprattutto i nostri cittadini.

    Solo così potremo assicurare una concorrenza equa e un futuro di crescita e sicurezza per tutti.

     
       

       

    Catch-the-eye procedure

     
       



     

      Lukas Sieper (NI). – Herr Präsident, sehr geehrte Menschen Europas, Hohes Haus! Wir haben heute bereits über die Wichtigkeit des europäischen Binnenmarkts gesprochen. Umso glücklicher bin ich über diese Debatte, denn wir müssen unseren Binnenmarkt auch schützen. Wir können es nicht akzeptieren, wenn Produkte den Markt fluten, die unter Missachtung der Menschenrechte, teilweise sogar von uigurischen Zwangsarbeitern in Konzentrationslagern hergestellt werden. Wir können es nicht hinnehmen, wenn Produkte den Markt fluten, die unseren Sicherheitsstandards nicht gerecht werden. Wir können es nicht tatenlos geschehen lassen, wenn diese Produkte von autoritären Staaten gezielt subventioniert werden.

    Wir können es uns nicht leisten, wenn diese Produkte von internationalen Großkonzernen unter bewusstem Ausnutzen verschiedener Steuersysteme innerhalb der EU vertrieben werden. Schließlich: Wir können es uns nicht leisten, wenn der Binnenmarkt zerstört wird, indem er von ausländischer Konkurrenz ausgespielt wird.

    Die Menschen wollen einen starken Binnenmarkt, nicht einen auf Wish bestellt; und das fängt, wie viele meiner Kollegen zu Recht betont haben, beim Zollsystem an.

     
       


       

    (End of catch-the-eye procedure)

     
       

     

      Didier Reynders, membre de la Commission. – Monsieur le Président, Mesdames et Messieurs les députés, je voudrais d’abord vous remercier pour ce débat sur le marché intérieur et la manière dont des produits arrivent sur ce marché intérieur. Les plateformes jouent un rôle de plus en plus important en la matière. J’entends bien l’ensemble des remarques sur les règles – qui, pour une grande part, existent, même s’il y a encore du travail à faire – et sur le besoin d’un contrôle renforcé.

    Je dirais tout d’abord que nous devons mieux utiliser les outils qui arrivent et qui sont parfois déjà à notre disposition. Je voudrais féliciter les autorités chargées de la protection des consommateurs dans les États membres, que nous avons organisées en réseau. Ce réseau d’acteurs, le réseau CPC, fait déjà aujourd’hui, en relation avec les associations de consommateurs, un travail sur le terrain remarquable pour détecter et retirer des produits régulièrement, non seulement des magasins, mais aussi des plateformes en ligne. Nous avons d’ailleurs développé au sein de la Commission un outil numérique qui permet de vérifier que ces produits ne reviennent pas sur les plateformes.

    Je ne dis pas que nous détectons l’ensemble des produits ou que nous retirons l’ensemble des produits dangereux, que ce soit pour la sécurité proprement dite ou pour la santé des consommateurs, mais je voudrais saluer ce travail, sur lequel il faudra d’ailleurs à nouveau se pencher. Beaucoup ont évoqué le rôle particulier des douanes. Je voudrais confirmer que la Commission souhaite avancer en la matière. Le dossier est entre les mains des colégislateurs pour l’instant. Plusieurs ont évoqué la limite des 150 euros: nous souhaitons l’abolir. J’espère que nous pourrons aboutir prochainement à un accord entre les colégislateurs sur ce sujet. Le travail des douanes est un travail important dans le cadre de la protection des consommateurs.

    Le règlement sur les services numériques est en vigueur. Des pouvoirs ont été octroyés à la Commission, des pouvoirs que nous avons commencé à utiliser, y compris dans les domaines que vous avez évoqués et en particulier dans le cadre de plateformes qui inondent l’Union européenne de produits à bas prix. Le règlement général sur la sécurité des produits, que j’ai évoqué tout à l’heure, entrera en vigueur le 13 décembre. À travers ce règlement, comme plusieurs d’entre vous l’ont évoqué, la responsabilité personnelle des plateformes pourra être mise en cause, non seulement celle des grandes plateformes, mais aussi celle des plus petites, puisque nous avons prévu qu’une personne responsable devait être désignée dans l’Union européenne lorsque des produits sont effectivement importés sur le marché. Mais, je le répète, ce règlement général, que nous avons souhaité mettre en place pour remplacer une directive, entre en vigueur le 13 décembre prochain. Je vous invite donc à utiliser, pour le moment, les outils à disposition ou dont disposeront bientôt les différents acteurs chargés de la protection des consommateurs.

    Pour ce qui est de la poursuite du dialogue avec nos partenaires, j’ai mis en place au cours de la législature écoulée un dialogue avec les autorités américaines, notamment en matière de protection des produits. En ce qui concerne la politique des consommateurs, il y a aux États-Unis trois agences différentes, et la commission américaine chargée de la sécurité des produits est en dialogue constant avec la Commission européenne. Nous développons un dialogue similaire avec le Royaume-Uni, le Canada, le Japon, ou la Corée du Sud.

    Pour la première fois, nous avons tenu, à Paris, au sein de l’OCDE, une réunion ministérielle concernant la politique des consommateurs. Et l’OCDE, pour une fois, s’est penchée non plus seulement sur la production, mais aussi sur la consommation, et donc, réellement, sur la sécurité des produits pour les consommateurs. On voit que ce thème progresse. Nous avons d’ailleurs tenu à Bruxelles, très récemment, une semaine consacrée à la sécurité des produits, avec l’ensemble des acteurs internationaux.

    Il est vrai que nous devons aussi poursuivre le travail entamé avec la Chine. Nous le faisons par un dialogue direct, nous le faisons aussi, parfois, en collaboration avec des partenaires internationaux – nous avons mené une action trilatérale avec nos collègues américains. Je ne suis pas naïf, mais on doit continuer à tenter de convaincre nos partenaires chinois qu’il s’agit aussi d’un enjeu de réputation pour leurs produits et pour leurs entreprises, et probablement pour un nombre croissant de consommateurs chinois, qui souhaitent eux-mêmes une plus grande sécurité de leurs produits. C’est un travail qui a aussi été entamé au cours de ces dernières années.

    Enfin, vous avez évoqué des cas concrets de sécurité des produits sur des plateformes, mais aussi de produits à bas prix – je pense à Temu ou à Shein. Je l’ai dit, des actions sont en cours. Nous avons saisi le réseau des agences chargées de la protection des consommateurs sur ce sujet. Le réseau CPC y travaille. Le règlement sur les services numériques est lui aussi à l’œuvre dans le cadre de procédures visant ces plateformes, lesquelles ne posent pas seulement un problème de sécurité de produits ou de santé des consommateurs, mais aussi, vous l’avez rappelé, de concurrence déloyale, en raison de prix très faibles, de prix particulièrement bas. Elles ne sont pas seulement en concurrence avec la production de nouveaux produits en Europe, elles le sont aussi avec le marché de seconde main.

    Nous avons, avec certains d’entre vous, beaucoup travaillé au développement du droit à la réparation, qui concerne chaque consommateur et qui permet par ailleurs de renforcer le marché de seconde main. Il est clair que nous devons la protéger contre l’évolution de la concurrence déloyale, tout en demandant bien entendu au secteur de la seconde main de garantir la sécurité de ses produits au même titre que le respect d’un certain nombre de règles européennes.

    Alors, bien entendu, je ne voudrais pas conclure sans évoquer un ou deux aspects, notamment une remarque plus personnelle. La Commission a vu ses compétences directes renforcées: aussi bien celles qu’elle détient, depuis longtemps, dans le domaine de la concurrence que celles acquises plus récemment dans celui des plateformes – à travers le règlement sur les services numériques.

    Pour ce qui est des consommateurs, il est peut-être temps aussi de se poser la question, au-delà du réseau des acteurs nationaux, d’une action possible et plus directe de la Commission pour des cas qui le méritent – des cas manifestement transfrontaliers et qui concernent l’ensemble des consommateurs européens. Cela nécessite des moyens, bien entendu. C’est donc un débat qui reviendra, je l’espère, dans les prochaines années: le travail en la matière ne doit plus se limiter aux agences nationales, il doit aussi advenir à l’échelon de la Commission.

    Je terminerai en vous disant que plusieurs ont évoqué la nécessité d’agir vite. J’ai notamment entendu des remarques sur la manière dont on produit un certain nombre de biens vendus sur le marché européen, parfois en violation des règles environnementales ou des droits de l’homme. Nous avons mis cinq ans à faire adopter une directive sur le devoir de vigilance. Maintenant, il faut en entamer la mise en œuvre.

    J’espère donc que la détermination de l’ensemble des acteurs – des colégislateurs comme des États membres – sera très grande pour agir: pas uniquement quand un produit arrive sur le marché européen, mais aussi sur les chaînes d’approvisionnement, en réfléchissant à la manière de faire respecter les règles environnementales aussi bien que celles en matière de droits de l’homme, tant par les entreprises européennes que par les entreprises de pays tiers qui viennent sur le marché intérieur – y compris à travers des plateformes.

    Beaucoup reste à faire, mais je crois que des règles sont en place. Il faut maintenant les rendre effectives et, surtout, renforcer le contrôle, pour une part à l’échelon européen – lorsque c’est nécessaire.

     
       

     

      President. – The debate is closed.

     

    16. One-minute speeches on matters of political importance


     

      Φρέντης Μπελέρης (PPE). – Κύριε Πρόεδρε, αγαπητοί συνάδελφοι, θα ήθελα να μοιραστώ μαζί σας μια όμορφη πρωτοβουλία στην Ελλάδα και συγκεκριμένα στη Φουρνά Ευρυτανίας, ένα ελληνικό χωριό όπου Δήμος, Περιφέρεια και Εκκλησία συνεργάζονται αρμονικά, προσφέροντας μια καλύτερη ζωή σε μέλη νέων οικογενειών με στόχο να τους πείσουν να εγκατασταθούν στον τόπο τους. Θέλω να σας πω ότι αυτές ακριβώς τις μικρές νίκες πρέπει να αναζητούμε απέναντι στη δημογραφική κρίση· τις μάχες, δηλαδή, που δίνονται μεμονωμένα, ώστε η ευρωπαϊκή ύπαιθρος να μη «σβήσει».

    Ας δούμε όμως και τη μεγάλη εικόνα. Είναι αναγκαία η άμεση επανεκκίνηση της ευρωπαϊκής περιφέρειας. Αυτό θα το πετύχουμε με την αξιοποίηση επιτυχημένων πολιτικών και σωστή αναδιάρθρωση του ευρωπαϊκού προϋπολογισμού. Η Ευρώπη δεν πρέπει να επανέλθει στις διαφορετικές ταχύτητες με τις οποίες εξαπλώνεται το δημογραφικό πρόβλημα στα 27 κράτη μέλη, αλλά να χρηματοδοτήσει δράσεις με την ίδια ένταση και να δώσει ουσιαστικά κίνητρα.

    Κλείνοντας, κύριοι συνάδελφοι, οφείλουμε να φροντίσουμε ώστε να μη νιώθουν οι περιφέρειες και τα νησιά μας απομονωμένα. Κάθε κουκκίδα στον ευρωπαϊκό χάρτη που διασυνδέουμε με μια άλλη, είναι αυτομάτως μια μεγάλη κατάκτηση προς τον κοινό μας στόχο: να δώσουμε ξανά πνοή στην ήπειρό μας.

     
       

     

      Gabriela Firea (S&D). – Domnule președinte, vinerea trecută, tocmai a trecut, a marcat Ziua Europeană de Luptă împotriva Traficului de Persoane, o zi care ne amintește cât de fragilă este siguranța pentru multe femei și mulți copii din Europa. Din păcate, traficul de persoane, care este strâns legat de violența domestică, continuă să fie o problemă gravă. Observăm la nivelul Uniunii Europene că se fac pași importanți. A fost adoptată o versiune revizuită a directivei antitrafic, cu măsuri mai stricte pentru combaterea noilor forme de exploatare, inclusiv a celor din mediul online. Programe precum Fondul pentru azil, migrație și integrare și Programul „Cetățeni, egalitate, drepturi și valori” sprijină victimele și încearcă să prevină traficul de persoane.

    Totuși, nu este suficient și este clar că avem nevoie de o mai bună coordonare între statele membre și de o utilizare mai eficientă a fondurilor, inclusiv prin Mecanismul de redresare și reziliență. Este vital să investim mai mult în educație, în prevenție și mai ales în protecția reală a victimelor, iar cei care comit aceste crime să fie aduși în fața justiției, pentru că asta înseamnă să facem dreptate: să-i protejăm pe cei vulnerabili și să nu lăsăm nicio victimă fără voce.

     
       

     

      Julien Sanchez (PfE). – Monsieur le Président, mes chers collègues, le récent rapport de la Cour des comptes européenne sur le fonds fiduciaire d’urgence en faveur de la stabilité et de la lutte contre les causes profondes de la migration irrégulière et du phénomène des personnes déplacées en Afrique, fonds doté rappelons-le de 5 milliards d’euros d’argent public de nos concitoyens, est édifiant et accablant.

    Si les besoins sont réels et la situation préoccupante, les exemples de gaspillage sans aucun contrôle sont hélas innombrables et choquants. Oui, la Commission européenne gère notre argent avec amateurisme et légèreté. Ainsi, en Gambie, des bénéficiaires ont reçu deux fois la même aide pour des projets agricoles qui, en plus, sont des projets fictifs. En Afrique subsaharienne, des mixeurs ont été distribués dans des écoles qui n’ont même pas accès à l’électricité. Il y a des dizaines d’exemples dans ce rapport, que j’invite chacun à lire.

    J’ai trois questions. Ce programme existe-t-il juste pour se donner bonne conscience? Comment peut-on balancer des milliards et se désintéresser à ce point de l’utilisation réelle et concrète de ces fonds? Enfin: n’avez-vous pas honte de voir l’argent des contribuables ainsi dilapidé? Comment tout cela est-il possible, et pourquoi les gens qui laissent faire cela ne sont-ils pas limogés?

     
       






     

      Barry Andrews (Renew). – Mr President, Commissioner and colleagues, we are broadly agreed across this House that nothing we do or say would reward Russia for its aggression and its contempt for human rights. Equally, we are broadly agreed that we would not do or say anything that would reward Iran for its aggression. Yet we are now slowly embarking on a policy to do just that, under the banner of so-called normalisation of relations with Assad’s Syria. This will send a clear message to Russia and Iran.

    Having stood by those who sought freedom, having passed countless resolutions condemning Assad’s prisons and gulags and executions, and his use of chemical warfare, and looking for an end to impunity, now we quietly return to restore normal relations at a time that can only send one clear message: the EU will stand by those who seek freedom, but if autocrats have the patience and seek the protection of Iran and Russia, they might just succeed.

     
       

     

      Vicent Marzà Ibáñez (Verts/ALE). – Señor presidente, mientras en este Parlamento, hace unos años, y en el Consejo, justo este mes, se ha aprobado una normativa, la nueva Directiva de calidad del aire ambiente, mucho más restrictiva de acuerdo con los criterios científicos, en la ciudad de Elx, en nuestra tercera ciudad valenciana, el Gobierno da rienda suelta a la contaminación y lo que hace es destruir carriles bici, pervertir la zona de bajas emisiones promoviendo el uso del coche y, además, poner en peligro doce millones de euros de fondos europeos que no va a ejecutar con el fin para el que fueron asignados.

    Por eso, desde aquí queremos lanzar esta denuncia, en relación con todas las denuncias ciudadanas que están luchando contra esta situación en Elx, en la tercera ciudad valenciana, y pedimos a la Comisión Europea que tome cartas en el asunto. Le queremos preguntar si va a seguir permitiendo que se destinen fondos europeos contra la salud de los ilicitanos y las ilicitanas.

     
       



     

      Katarína Roth Neveďalová (NI). – Vážený pán predsedajúci, v týchto dňoch si pripomíname osemdesiate výročie Slovenského národného povstania, ktoré vypuklo 29. augusta 1944, a osemdesiate výročie karpatsko-duklianskej operácie, ktorá bola najväčšou horskou bitkou druhej svetovej vojny a najväčšou bitkou v Československu. Bohužiaľ, dnes nás opustil jeden z posledných žijúcich partizánov na Slovensku, pán Karol Kuna, ktorý sa dožil 96 rokov, a tých pamätníkov Slovenského národného povstania máme stále menej a menej. Rada by som citovala pána Kunu, ktorý povedal: Keby nebolo toľkých, ktorí pretrhli putá zotročenia, dnes by sme nežili v slobodnej krajine. Slovenskí partizáni bojovali za hodnoty odboja proti fašizmu, ako bola sloboda, spravodlivosť a rovnosť, a len vďaka nim bolo nakoniec Československo a Slovenská republika slobodnou krajinou, ktorá stála na strane víťazov. Rada by som dnes vzdala česť týmto ľuďom, ktorí padli za našu slobodu. V Slovenskom národnom povstaní padlo približne desaťtisíc ľudí, ktorí boli nielen vojaci, nielen partizáni, ale takisto civilisti, ktorí pomáhali týmto ľuďom prežiť v horách. A takisto pri duklianskej operácii padlo asi 150 tisíc ľudí. Buď stratili svoj život, svoje zdravie, alebo boli zajatí. Česť ich pamiatke.

     
       



     

      Michele Picaro (ECR). – Signor Presidente, onorevoli colleghi, il turismo dentale nei paesi extra-UE è un fenomeno in crescita che solleva importanti preoccupazioni per la salute pubblica.

    Negli ultimi anni molti pazienti europei, in particolare italiani, si sono rivolti a destinazioni come Albania e Turchia per trattamenti odontoiatrici a prezzi competitivi. Tuttavia, un’indagine della British Dental Association ha evidenziato che il 70% dei pazienti che hanno cercato cure all’estero ha sperimentato eventi avversi gravi, come infezioni e ascessi o difficoltà masticatoria, condizioni che hanno compromesso non solo la loro salute, ma anche la durata di protesi e impianti, vanificando così il vantaggio economico iniziale.

    Le norme sanitarie in questi Paesi spesso mancano di una regolamentazione rigorosa. Per questo è necessario promuovere campagne informative che forniscano ai cittadini dati chiari e affidabili sui rischi e i benefici delle cure odontoiatriche all’estero. Informare i pazienti riguardo alle normative sanitarie dei Paesi di destinazione, alla formazione del personale medico, agli standard di qualità delle strutture è cruciale per consentire scelte consapevoli.

    Per tale ragione è imperativo che il Parlamento europeo consideri queste problematiche e promuova iniziative per garantire la sicurezza e la qualità delle cure odontoiatriche. Al contrario, si tratta di garantire ad ogni paziente scelte informate, sicure e supportate da normative adeguate. Solo così potremo garantire e proteggere la salute dei cittadini e mantenere la fiducia nel sistema sanitario.

     
       

     

      Ciaran Mullooly (Renew). – Mr President, reports along the corridors of this building say a trade deal with the Mercosur countries has all but been agreed by our Commission, and talk of compensation for Irish farmers and others is widespread. But I come here this evening to give you one message, and a message back to those who send those briefs. No way! No way will we accept this.

    A study by the Irish Government Department of Enterprise in 2021 indicated that Ireland’s beef sector would lose between EUR 44 million and EUR 55 million if the EU-Mercosur deal goes ahead.

    We are the fifth largest beef exporter in the world and the biggest EU exporter, with more than 90 % traded internationally on an annual basis.

    It is not acceptable that Ireland and key other European Member States incur high environmental food-safety traceability charges, while third countries just sail in here and are simply allowed to avoid such costs and undercut our beef in prime EU markets.

    This Parliament has and must insist on one rule for everyone equally applied to the Mercosur countries, and until this equality rule applies, Ireland says no deal and no sell-out!

     
       




     

      Christophe Clergeau (S&D). – Monsieur le Président, chers collègues, jeudi matin, j’étais dans ma ville de Nantes, aux côtés des salariés de General Electric, qui s’apprête à supprimer près de 400 emplois dans son usine et son centre de recherche-développement consacrés à la production d’éoliennes maritimes.

    Il y a plus de dix ans, alors que j’étais vice-président de ma région, j’avais œuvré à la naissance de cette filière et montré aux citoyens que l’écologie pouvait créer des centaines d’emplois: d’ouvriers, de techniciens et d’ingénieurs. Aujourd’hui, je vois ces emplois disparaître parce que l’Europe et la France sont incapables de développer des projets éoliens en mer à un tarif qui permettrait de rémunérer une chaîne de valeur et des emplois européens, incapables d’imposer un contenu européen là où il y a pourtant un soutien public important.

    Nos usines risquent de fermer alors que nous en aurons besoin pour équiper les nouveaux parcs éoliens en mer. Pendant ce temps, les Chinois construisent des usines en Écosse et en Italie pour assembler des éoliennes essentiellement fabriquées en Chine. Nous parlons de politique industrielle et de compétitivité, mais, dans la vie réelle, nous laissons s’effondrer les filières des industries vertes et nous sacrifions les emplois.

    L’Europe va-t-elle enfin se réveiller, ou va-t-elle s’enferrer dans ce lent suicide collectif? Il est temps de réagir et de lutter.

     
       

     

      Mélanie Disdier (PfE). – Monsieur le Président, mes chers collègues, si je m’adresse à vous aujourd’hui, c’est pour vous parler d’une filière en danger: celle du bois.

    En 2020, toutes les grandes centrales syndicales et patronales du secteur de l’industrie de transformation du bois ont pris l’initiative d’une déclaration commune pour dire stop à l’exportation massive de grumes en Asie, et particulièrement en Chine. L’exportation du bois non transformé prend des proportions inquiétantes, et pas uniquement pour le chêne – comme c’est le cas dans la forêt de Mormal, qui m’est chère. Toutes les essences sont concernées ou le seront à court terme. Les menuisiers, artisans, constructeurs, fabricants de parquets sont très nombreux à s’alarmer, car ils sont inquiets pour leur avenir. Si les scieries sont privées d’approvisionnement, c’est toute la filière qui va être touchée à court terme.

    Dans un contexte de pénurie de matériaux, il est donc suicidaire de laisser perdurer la situation sans réagir. Le bois est devenu une ressource stratégique, qui fait partie intégrante de notre souveraineté, et une clé de la neutralité carbone. Il est grand temps que l’Union européenne s’empare de ce dossier. Des milliers d’emplois sont en jeu en France et en Europe.

     
       

     

      Dick Erixon (ECR). – Herr talman! Efter polisrazzior i Öst- och Sydeuropa tidigare i år beslagtogs Rolexklockor, guld, diamanter, smycken, lägenheter, villor, kryptovaluta, Lamborghini, Porsche och en Audi Q8.

    Ett enda kriminellt gäng misstänks ha stulit över sex miljarder kronor från coronafonden Next Generation, med hjälp av experter på bidragsansökningar, AI-verktyg och bluffbolag. När socialdemokrater och moderater släppte igenom coronafonden lovades rigorösa kontroller. Så blev det inte. Den överdimensionerade EU-budgeten göder korruption och slöseri, men hjälper även kriminella som hittat en ny kassako att mjölka genom ekobrottslighet.

    Bidragen är så stora och mottagarna så många att rigorösa kontroller inte är möjliga. Detta måste få ett slut.

     
       

     

      João Oliveira (The Left). – Senhor Presidente, o inquérito pós‑eleitoral feito pelo Parlamento Europeu mostrou que a principal preocupação dos povos é o custo de vida. Este Parlamento deveria estar a discutir as soluções para esse problema, mas nenhum outro grupo político aceitou fazer esse debate. Nenhum outro grupo político quis discutir as opções para combater o aumento do custo de vida, as medidas de controlo e fixação dos preços dos bens essenciais, medidas de combate aos preços especulativos que garantem lucros milionários dos grupos da distribuição da energia e dos combustíveis, das telecomunicações ou da banca.

    Deveríamos também estar a discutir as consequências das novas regras da governação económica. Em Portugal, o Governo acabou de apresentar uma proposta de Orçamento do Estado que mostra bem os impactos dessas novas regras, que mostra os condicionamentos e restrições orçamentais, as limitações nos serviços públicos e nas funções sociais do Estado, as restrições ao investimento; tudo isso em contraste com as políticas de privilégio aos grupos económicos e às multinacionais. Também este debate foi travado, porque, para grande parte deste Parlamento, verdadeiramente as condições de vida dos povos pouco interessam.

     
       

     

      Juan Fernando López Aguilar (S&D). – Señor presidente, señor comisario, la solidaridad y la cohesión son el modelo social europeo y si hay una amenaza que pende sobre ese modelo es la dificultad de acceso a la vivienda que recorre toda Europa.

    Este último fin de semana en Canarias, de nuevo, miles de personas han vuelto a salir a la calle para protestar contra lo que consideran que es un exceso de presión turística, porque en Canarias se ha producido un incremento de población de un 30 % en los últimos veinte años y porque, además, se han declarado en los últimos años 60 000 ofertas alojativas extrahoteleras, lo que equivale a doce hoteles con 250 camas cada uno. Pero no se han realizado las inversiones correspondientes ni en hospitales, ni en residencias, ni en redes eléctricas, ni en aeropuertos, ni en conexiones marítimas, ni tampoco en el ciclo del agua y en relación con los vertidos al mar.

    Y tenemos puestas nuestras esperanzas en la próxima Comisión Von der Leyen, en la que va a haber por fin un comisario encargado de vivienda, el danés Dan Jørgensen, que podrá movilizar fondos europeos contra los fondos de inversión, contra los fondos buitre, para generar, por fin, oferta de vivienda en alquiler o en venta que permita la emancipación de la gente joven y el acceso a la vivienda de la clase trabajadora. Eso significará una oportunidad de restaurar el modelo social europeo con una política de vivienda europea.

     
       

     

      Csaba Dömötör (PfE). – Tisztelt Elnök Úr! A legutóbbi uniós csúcson a felek arra jutottak, hogy fokozni kell az erőfeszítéseket az uniós versenyképesség növelésére. Ezzel egyet is értünk, de azt is szomorúan állapíthatjuk meg, hogy hiányzik a szókimondó párbeszéd arról, hogy mi is okozza Európa egyre nagyobb leszakadását a versenyképességi versenyben. Sok okot azonosíthatunk, de a legfontosabb mégiscsak az, hogy elszálltak az energiaárak.

    Azért szálltak el, mert Európa a brüsszeli intézmények nyomására ideológiai okokból hátat fordított a vezetékes gáznak. A helyette beszerzett cseppfolyós gáz jóval drágább. A zöld energia a legtöbb esetben sajnos szintén drágább, és ez drasztikus terhet ró az európai vállalatokra, kicsikre és nagyokra is. Nem véletlen, hogy egyre több vállalat helyezi át a termelését máshová. A Draghi-jelentés szerint Európában ma kétszer-háromszor magasabbak az áramárak az Egyesült Államokhoz képest, a gázárak pedig négyszer-ötször. Ha ez tartósan így marad, akkor Európa maradék versenyképessége is megy a levesbe. Nem kell beletörődnünk, hogy ez így legyen, újratervezésre van szükség.

     
       

     

      Thierry Mariani (PfE). – Monsieur le Président, le Liban est en danger de mort. Ni l’Union européenne ni la France ne sont à la hauteur du drame humain qui s’y joue. Face à cette guerre impitoyable, l’Union européenne s’entête dans ses certitudes et refuse de venir en aide à Damas, qui est pourtant en première ligne pour gérer l’accueil des réfugiés dans cette crise.

    Chaque jour, des milliers de personnes traversent la frontière pour chercher refuge et protection en Syrie. Aujourd’hui, ce sont déjà près de 240 000 personnes qui ont fait le choix de passer en Syrie, considérant que ce pays est un territoire sûr. Mais l’Europe et la France restent immobiles, tandis que l’Italie, elle, plaide pour renouer le dialogue avec la République arabe syrienne. La situation au Liban ne fait qu’empirer, et avec elle, si rien n’est fait, plane la menace d’une nouvelle vague migratoire de réfugiés vers l’Europe.

    Les Syriens, derrière Bachar el-Assad, ont résisté vaillamment aux islamistes qu’une partie d’entre vous, dans cet hémicycle, avait soutenus. Il est urgent de renouer les liens avec la Syrie. C’est l’intérêt des réfugiés qu’elle accueille, mais également des pays de la région, et c’est aussi l’intérêt de l’Europe.

     
       



     

      Marko Vešligaj (S&D). – Poštovani predsjedavajući, uvažene kolege, ruralna područja čine 83 posto teritorija Europske unije, a u njima živi 137 milijuna ljudi.

    Ova područja su ključna za proizvodnju temeljnih resursa poput hrane i energije. Ipak, unatoč njihovoj važnosti, ruralne zajednice sustavno se marginaliziraju konkretnim politikama i programima financiranja. Da, postoje dokumenti poput Ruralnog pakta i dugoročne vizije za ruralna područja, koje su dobre smjernice, ali njihova implementacija je spora, a problemi se gomilaju.

    Iseljavanje, manjak javnih usluga, neadekvatna infrastruktura svakodnevica su lokalnih zajednica u ruralnim prostorima, a nedostatak podrške viših razina vlasti stvara neodrživu situaciju. Danas je dodatno ruralna Europa uslijed klimatskih promjena suočena i s prirodnim katastrofama, od klizanja tla, suša, poplava do potresa i požara.

    I za takve situacije trebamo brže i jednostavnije financijske mehanizme. Zato je nužno osigurati izravna i lako dostupna europska sredstva kao garanciju razvoja i održivosti ruralnih područja i ostanka ljudi u njima.

     
       



     

      Angéline Furet (PfE). – Monsieur le Président, sous couvert d’un humanisme totalement dévoyé et de faux bons sentiments, des politiciens traîtres aux peuples européens promeuvent une idéologie fanatique qu’ils ont érigée en dogme: l’immigrationnisme.

    Malheureusement, cette volonté de suicide altruiste imposée aux Européens a des conséquences concrètes au quotidien. La ville du Mans, en France, en est un triste exemple. L’immigration y a plus que doublé en quinze ans et, avec elle, les délits et les crimes. Augmentation des vols de plus de 300 %, augmentation des viols de plus de 500 % et augmentation des attaques au couteau, elle, de 1 000 %, carrément. Oui, dix fois plus qu’avant l’arrivée sur notre sol de ces étrangers délinquants, de ces criminels importés aux frais des Européens que vous appelez les «migrants».

    Le sang des victimes de cette abomination est sur les mains des membres de la Commission européenne qui ont ordonné cette submersion et sur les mains des députés qui l’ont votée.

     
       


     

      President. – That concludes this item.

     

    17. Agenda of the next sitting

     

      President. – The next sitting is tomorrow, Tuesday, 22 October 2024 at 09:00. The agenda has been published and is available on the European Parliament website.

     

    18. Approval of the minutes of the sitting

     

      President. – The minutes of the sitting will be submitted to Parliament for its approval tomorrow, at the beginning of the afternoon.

     

    19. Closure of the sitting

       

    (The sitting closed at 22:02)

     

    MIL OSI Europe News

  • MIL-OSI Asia-Pac: Brainstorming Session and First Meeting of Nodal Officers for the Mission on Science & Technology for Sustainable Livelihood System

    Source: Government of India

    Posted On: 22 OCT 2024 6:29PM by PIB Delhi

    The Office of the Principal Scientific Adviser (PSA) convened the Brainstorming Session and First Meeting of Nodal Officers for the Mission on Science & Technology for Sustainable Livelihood System today (October 22nd, 2024) at Vigyan Bhawan Annexe in New Delhi.

    The meeting was chaired by Dr. (Mrs.) Parvinder Maini, Scientific Secretary, O/o PSA and was joined by key government officials, identified as nodal officers from various ministries/departments including Department of Science & Technology, Ministry of Rural Development, Ministry of Social Justice and Empowerment, Indian Council of Agricultural Research, Department of Agriculture & Farmers Welfare, Ministry of Micro, Small and Medium Enterprises, Council of Scientific and Industrial Research, Department of Biotechnology, Ministry of Earth Sciences, Ministry of Electronics and Information Technology, Ministry of Environment, Forest and Climate Change and Ministry of Health and Family Welfare.

    This mission aims to leverage scientific advancements and technological innovations to enhance livelihoods and promote sustainable development across communities. The mission, to be implemented by DST, was recommended during the 22nd Prime Minister’s Science, Technology & Innovation Advisory Council (PM-STIAC) meeting held on January 19, 2023, to strengthen the technology delivery mechanism for improving quality of life.

    In her opening remarks, Dr. Maini highlighted the need for collaboration across sectors, bringing convergence of existing programs to create scalable and inclusive livelihood models for ensuring last mile connectivity of the STI interventions in the mission. The key objective of today’s meeting included defining the roles and responsibilities of each ministry/department in the different components of the program and formulating a strategy for selecting pilot sites for implementation.

    Presentation was made by Dr. Sangeeta Agarwal, Scientist-F, O/o PSA highlighting the objectives of the mission, importance of definite roles of each participating ministry/department for successful implementation of the program and also presented the strategy for the selection of sites for pilot initiation of the mission. This was followed by presentation by Dr. Anita Aggarwal, DST on the SEED Division programs and IIT Delhi on Unnat Bharat Abhiyan.

    After the presentations, the Chair invited interventions from the nodal officers of each ministry/department. Each ministry/department clearly brought out the efforts being made by them in implementing their flagship schemes at the district and village levels. They shared insights on how these schemes may converge and contribute to the national mission.

    The session concluded with all the nodal officers agreeing to provide inputs regarding ongoing schemes/programs and their geographical spread. These inputs shall aid in identification and selection of sites for pilot scale implementation of the mission.

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    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Union Home Minister and Minister of Cooperation Shri Amit Shah inaugurates several farmer welfare activities worth ₹300 crore during the Diamond Jubilee celebrations of the National Dairy Development Board (NDDB) and the birth anniversary of Shri Tribhuvan Patel in Anand, Gujarat

    Source: Government of India (2)

    Union Home Minister and Minister of Cooperation Shri Amit Shah inaugurates several farmer welfare activities worth ₹300 crore during the Diamond Jubilee celebrations of the National Dairy Development Board (NDDB) and the birth anniversary of Shri Tribhuvan Patel in Anand, Gujarat

    Under the leadership of Prime Minister Shri Narendra Modi, the SoP for White Revolution 2.0 has been issued, now, one lakh new and existing dairies will be empowered, and milk routes will be expanded

    Tribhuvan Das ji set aside his personal interests and worked for the empowerment of poor farmers

    Tribhuvan Das ji created a small cooperative which is today doing business worth thousands of crores of rupees by connecting 2 crore farmers with the cooperative sector

    Over the past 60 years, NDDB has empowered and organized farmers, as well as mothers and sisters, contributing significantly to their upliftment and development

    Branding cooperative products and preparing them to compete with corporate products is key to success

    NDDB has accelerated rural development while making agriculture self-reliant

    Animal husbandry by cooperatives leads to prosperity of farmers along with strengthening fight against malnutrition

    NDDB has started vegetable processing, which will allow vegetables produced by farmers to reach markets worldwide, ensuring the profits go directly to the farmers

    Prime Minister Modi’s visionary scheme of Gobardhan Yojana is not only enhancing soil conservation and improving crop quality, but also contributing to a cleaner environment

    Posted On: 22 OCT 2024 5:03PM by PIB Delhi

    Union Home Minister and Minister of Cooperation Shri Amit Shah, today inaugurated several farmer welfare schemes worth ₹300 crore during the National Dairy Development Board’s (NDDB) diamond jubilee celebration along with the commemoration of birth anniversary of Shri Tribhuvandas Patel in Anand, Gujarat. On this occasion, several dignitaries were present, including the Union Minister for Panchayati Raj, Fisheries, Animal Husbandry & Dairying, Shri Rajiv Ranjan Singh.

    In his address, Shri Amit Shah said that under the leadership of Prime Minister Shri Narendra Modi, the Standard Operating Procedures (SoP) for the recently launched White Revolution 2.0 have been released, incorporating all the key farmer-friendly points outlined by the Prime Minister. He mentioned that Cooperative Sector will empower one lakh new and existing dairies, and the second white revolution will expand milk routes.

    Shri Shah said that Tribhuvandas ji was a personality whose hardworking life is difficult to describe. Setting aside his personal interests, Shri Tribhuwandas Patel worked with a unique vision for the empowerment of the country’s poor farmers. He worked for the empowerment of the poor farmers of the country by renouncing self. Throughout his life, Tribhuvandas ji distanced himself from personal gain and dedicated his efforts to connecting every farmer in the country with the true spirit of cooperation, achieving great success in this endeavor. Shri Shah said that it is because of Tribhuvan Das Ji that 5 crore cattle rearers of the country sleep peacefully and today crores of farmers of the country, especially women, are prospering. Tribhuvan Das Ji created a small cooperative society which today is doing business worth thousands of crores of rupees by connecting 2 crore farmers of the country with the cooperative sector.

    Union Home Minister and Minister of Cooperation said that in 1964, former Prime Minister Shri. Lal Bahadur Shastri visited Amul Dairy and decided that not only Gujarat but livestock owners across the entire country should benefit from this successful model. Following this, Shastri ji decided to establish the NDDB. He said that in 60 years, NDDB has not only empowered and organised cooperative sector, farmers and mothers and sisters across the country, but has also worked to raise their awareness about their rights. He said that when animal husbandry is done through cooperatives, it not only brings prosperity to farmers but also addresses the issue of malnourished children in the country.  The trust built through Amul has not only empowered women but also laid the foundation for creating strong citizens by providing nutrition to children.

    Shri Amit Shah said that NDDB accelerated the development of the rural sector and the country as well as made agriculture self-reliant. He said Tribhuvan ji had laid the foundation of NDDB which has today become a very big institution not only in the country but in the world. He said that in 1987, NDDB became an official institution, and from 1970 to 1996, it developed and implemented the Operation Flood program, which led to the White Revolution. He noted Amul is conducting annual business worth ₹60,000 crore today which was initially built on the very small shared capital from women. Shri Shah said that in 1964, when Lal Bahadur Shastri ji decided to establish NDDB, no one knew that it will grow akin to a small seed growing one day into a massive banyan tree. NDDB’s liquid milk sales have reached 427 lakh liters per day, with procurement at 589 lakh liters per day. Its revenue has increased from ₹344 crore to ₹426 crore, and the net profit stands at ₹50 crore.

    Union Home Minister and Minister of Cooperation said that NDDB has started processing vegetables, allowing the vegetables produced by our farmers to reach the entire world, and the profits will be distributed down to the grassroots under the cooperative model. He said that the Gobardhan scheme has led to the conservation and enhancement of our land, increased yields, improved farmer prosperity, and a cleaner environment. Gas and fertilizer are being produced from cow dung, and carbon credit payments are reaching our mothers and sisters. Shri Shah stated that Prime Minister Shri Narendra Modi has implemented the Gobardhan scheme on the ground through visionary decision-making. He also mentioned that NDDB has registered 10,000 Farmer Producer Organizations (FPOs).

    Shri Amit Shah mentioned that after NDDB’s initiative, all plants in the dairy sector will now be built in India under the Make in India program. He mentioned that today the foundation stone was laid for a Mother Dairy fruit and vegetable processing unit worth ₹210 crore. Additionally, the Badri Ghee from Uttarakhand and the Gir Ghee brand from Mother Dairy were also launched today. He said that branding the cooperative’s products and preparing them to compete in the market with corporate goods is key to success. Today, our Amul brand holds the top position globally, which is a significant achievement for us. He also mentioned that farmers of apricots from Ladakh, apples from Himachal, and pineapples from Meghalaya will benefit from the initiatives launched today.

    Union Home Minister and Minister of Cooperation said that the Ministry of Cooperation has established three new national-level cooperative institutions. Such new initiatives can only be taken when the leadership is genuinely concerned about the farmers. He said that Prime Minister Shri Narendra Modi has implemented several initiatives and schemes in the cooperative sector. Currently, there are approximately 22 state federations and 231 district federations, along with 28 marketing dairies and 21 milk-producing companies operating in the sector.

    Shri Amit Shah said that the Modi government is going to establish 2 lakh new Primary Agricultural Credit Societies (PACS), which will significantly strengthen our cooperative framework. He said that this initiative will enhance the strength of all entities in the cooperative sector. He highlighted that India has surpassed the United States of America with a milk production of 231 million tons, securing the top position in the world. Our milk production growth rate is 6%, while the global growth rate is only 2%. Today, eight crore rural families produce milk daily, but only one and a half crore are connected to the cooperative sector. He emphasized that this means the remaining 6.5 crore families are not receiving fair prices and are being exploited. Union Minister of Cooperation asserted that the government’s goal will be to ensure that in the future, all eight crore farming families involved in milk production receive full compensation for their hard work and are able to connect with the cooperative sector.

    Union Home Minister and Minister of Cooperation said that as a result of the campaign to empower cooperatives, the availability of milk in the country which was 40 kilograms per person in 1970, increased to 103 kilograms in 2011, and further rose to 167 kilograms per person in 2023. He noted that the average global milk availability per person is 117 kilograms.

     

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    MIL OSI Asia Pacific News

  • MIL-OSI: FS Bancorp, Inc. Reports Third Quarter Net Income of $10.3 Million or $1.29 Per Diluted Share and the Forty-Seventh Consecutive Quarterly Cash Dividend

    Source: GlobeNewswire (MIL-OSI)

    MOUNTLAKE TERRACE, Wash., Oct. 22, 2024 (GLOBE NEWSWIRE) — FS Bancorp, Inc. (NASDAQ: FSBW) (the “Company”), the holding company for 1st Security Bank of Washington (the “Bank”) today reported 2024 third quarter net income of $10.3 million, or $1.29 per diluted share, compared to $9.0 million, or $1.13 per diluted share, for the comparable quarter one year ago. For the nine months ended September 30, 2024, net income was $27.6 million, or $3.45 per diluted share, compared to net income of $26.3 million, or $3.33 per diluted share, for the comparable nine-month period in 2023.

    “Deposit growth experienced in the third quarter of 2024 was a direct result of the Bank-wide focus and strategic planning objective to fund loan growth with core deposits,” stated Joe Adams, CEO. “We are also pleased that our Board of Directors approved our forty-seventh consecutive quarterly cash dividend of $0.27 per common share, demonstrating our continued commitment to returning value to shareholders.  The cash dividend will be paid on November 21, 2024, to shareholders of record as of November 7, 2024,” concluded Adams.

    2024 Third Quarter Highlights

    • Net income was $10.3 million for the third quarter of 2024, compared to $9.0 million for both the previous quarter and the comparable quarter one year ago;
    • Net interest margin (“NIM”) increased to 4.35% for the third quarter of 2024, compared to 4.29% in the previous quarter, and 4.34% for the comparable quarter one year ago;
    • Total deposits increased $44.5 million, or 1.9%, to $2.43 billion at September 30, 2024, primarily due to an increase in noninterest-bearing checking of $34.4 million and certificates of deposit (“CDs”) of $15.0 million, compared to $2.38 billion at June 30, 2024 and decreased $27.1 million, or 1.1%, from $2.45 billion at September 30, 2023.  Noninterest-bearing deposits were $657.8 million at September 30, 2024, $623.3 million at June 30, 2024, and $670.2 million at September 30, 2023; 
    • Borrowings decreased $18.1 million, or 9.9% to $163.8 million at September 30, 2024, compared to $181.9 million at June 30, 2024, as a result of the Company’s strategic planning objective to fund loan growth with core deposits; 
    • Loans receivable, net was unchanged at $2.46 billion at September 30, 2024, and June 30, 2024, and increased $88.1 million, or 3.7%, from $2.38 billion at September 30, 2023;
    • Consumer loans, of which 87.3% are home improvement loans, decreased $9.3 million, or 1.4%, to $632.4 million at September 30, 2024, compared to $641.7 million in the previous quarter, and decreased $7.7 million, or 1.2%, from $640.1 million in the comparable quarter one year ago. Yields on consumer loans increased 18 basis points to 7.59% from 7.41% at the end of the second quarter 2024. During the three months ended September 30, 2024, consumer loan originations included 80.4% of home improvement loans originated with a Fair Isaac Corporation (“FICO”) score above 720 and 83.9% of home improvement loans with a UCC-2 security filing;
    • For the third quarter of 2024, there was a tax benefit of $420,000, compared to tax provisions of $2.4 million in the prior quarter, and $2.5 million for the same quarter last year.  The tax benefit for the third quarter of 2024 was due to $28.4 million of energy tax credits purchased during the current quarter related to the Inflation Reduction Act of 2022;
    • Repurchased 97,000 shares of the Company’s common stock in the third quarter of 2024 at an average price of $43.58 per share with $1.4 million remaining for future purchases under the share repurchase plan that was approved in July 2024;
    • Book value per share increased $0.30 to $37.45 at September 30, 2024, compared to $37.15 at June 30, 2024, and increased $4.87 from $32.58 at September 30, 2023.  Tangible book value per share (non-GAAP financial measure) increased $0.44 to $35.10 at September 30, 2024, compared to $34.66 at June 30, 2024, and increased $5.37 from $29.73 at September 30, 2023. See, “Non-GAAP Financial Measures.”
    • Segment reporting in the third quarter of 2024 reflected net income of $9.3 million for the Commercial and Consumer Banking segment and $1.0 million for the Home Lending segment, compared to net income of $8.0 million and $1.0 million in the prior quarter, and net income of $8.8 million and $166,000 in the third quarter of 2023, respectively;
    • The percentage of available unencumbered cash and secured borrowing capacity at the Federal Home Loan Bank (“FHLB”) and the Federal Reserve Bank to uninsured deposits was 182% at September 30, 2024, compared to 191% in the prior quarter. The average deposit size per FDIC-insured account at the Bank was $33,000 and $32,000 for September 30, 2024 and June 30, 2024, respectively; and
    • Regulatory capital ratios at the Bank were 14.2% for total risk-based capital and 11.2% for Tier 1 leverage capital at September 30, 2024, compared to 13.9% for total risk-based capital and 10.9% for Tier 1 leverage capital at June 30, 2024.

    Segment Reporting

    The Company reports two segments: Commercial and Consumer Banking and Home Lending. The Commercial and Consumer Banking segment provides diversified financial products and services to our commercial and consumer customers. These products and services include deposit products; residential, consumer, business and commercial real estate lending portfolios and cash management services. This segment is also responsible for the management of the investment portfolio and other assets of the Bank. The Home Lending segment originates one-to-four-family residential mortgage loans primarily for sale in the secondary markets as well as loans held for investment.

    The Company reflected the sale of servicing rights in the first quarter of 2024 as a gain to the Commercial and Consumer Banking segment to offset the realized loss on sale of investment securities and will allocate the gain on a straight-line basis over four years as intercompany income from the Commercial and Consumer Banking segment to the Home Lending segment.

    The tables below provide a summary of segment reporting at or for the three and nine months ended September 30, 2024 and 2023 (dollars in thousands):

        At or For the Three Months Ended September 30, 2024  
    Condensed income statement:   Commercial and Consumer Banking     Home Lending     Total  
    Net interest income (1)   $ 28,612     $ 2,632     $ 31,244  
    Provision for credit losses     (1,331 )     (182 )     (1,513 )
    Noninterest income (2)     2,257       3,710       5,967  
    Noninterest expense (3)     (20,199 )     (5,633 )     (25,832 )
    Income before (provision) benefit for income taxes     9,339       527       9,866  
    (Provision) benefit for income taxes     (71 )     491       420  
    Net income   $ 9,268     $ 1,018     $ 10,286  
    Total average assets for period ended   $ 2,347,855     $ 612,935     $ 2,960,790  
    Full-time employees (“FTEs”)     442       117       559  
        At or For the Three Months Ended September 30, 2023  
    Condensed income statement:   Commercial and Consumer Banking     Home Lending     Total  
    Net interest income (1)   $ 27,563     $ 3,071     $ 30,634  
    Provision for credit losses     (437 )     (111 )     (548 )
    Noninterest income (2)     2,680       2,302       4,982  
    Noninterest expense (3)     (18,539 )     (5,047 )     (23,586 )
    Income before provision for income taxes     11,267       215       11,482  
    Provision for income taxes     (2,480 )     (49 )     (2,529 )
    Net income   $ 8,787     $ 166     $ 8,953  
    Total average assets for period ended   $ 2,361,014     $ 540,372     $ 2,901,386  
    FTEs     434       128       562  
        At or For the Nine Months Ended September 30, 2024  
    Condensed income statement:   Commercial and Consumer Banking     Home Lending     Total  
    Net interest income (1)   $ 84,749     $ 7,242     $ 91,991  
    Provision for credit losses     (3,796 )     (193 )     (3,989 )
    Noninterest income (2)     6,919       10,027       16,946  
    Noninterest expense (3)     (58,250 )     (14,968 )     (73,218 )
    Income before (provision) benefit for income taxes     29,622       2,108       31,730  
    (Provision) benefit for income taxes     (4,253 )     165       (4,088 )
    Net income   $ 25,369     $ 2,273     $ 27,642  
    Total average assets for period ended   $ 2,369,740     $ 586,001     $ 2,955,741  
    FTEs     442       117       559  
        At or For the Nine Months Ended September 30, 2023  
    Condensed income statement:   Commercial and Consumer Banking     Home Lending     Total  
    Net interest income (1)   $ 83,332     $ 9,516     $ 92,848  
    Provision for credit losses     (2,555 )     (817 )     (3,372 )
    Noninterest income (2)     7,766       7,268       15,034  
    Noninterest expense (3)     (56,099 )     (15,215 )     (71,314 )
    Income before provision for income taxes     32,444       752       33,196  
    Provision for income taxes     (6,758 )     (157 )     (6,915 )
    Net income   $ 25,686     $ 595     $ 26,281  
    Total average assets for period ended   $ 2,288,996     $ 520,513     $ 2,809,509  
    FTEs     434       128       562  

    __________________________

    (1)   Net interest income is the difference between interest earned on assets and the cost of liabilities to fund those assets. Interest earned includes actual interest earned on segment assets and, if the segment has excess liabilities, interest credits for providing funding to the other segment. The cost of liabilities includes interest expense on segment liabilities and, if the segment does not have enough liabilities to fund its assets, a funding charge based on the cost of assigned liabilities to fund segment assets.
    (2)   Noninterest income includes activity from certain residential mortgage loans that were initially originated for sale and measured at fair value, and subsequently transferred to loans held for investment. Gains and losses from changes in fair value for these loans are reported in earnings as a component of noninterest income. For the three and nine months ended September 30, 2024, the Company recorded net increases in fair value of $262,000 and $448,000, respectively, as compared to net decreases in fair value of $343,000 and $285,000 for the three and nine months ended September 30, 2023. As of September 30, 2024 and 2023, there were $13.9 million and $15.2 million, respectively, in residential mortgage loans recorded at fair value as they were previously transferred from loans held for sale to loans held for investment.
    (3)   Noninterest expense includes allocated overhead expense from general corporate activities. Allocation is determined based on a combination of segment assets and FTEs.  For the three and nine months ended September 30, 2024 and 2023, the Home Lending segment included allocated overhead expenses of $1.8 million and $4.8 million, compared to $1.5 million and $4.7 million, respectively.
         

    Asset Summary

    Total assets increased $28.8 million, or 1.0%, to $2.97 billion at September 30, 2024, compared to $2.94 billion at June 30, 2024, and increased $50.1 million, or 1.7%, from $2.92 billion at September 30, 2023.  The increase in total assets at September 30, 2024, compared to June 30, 2024, included increases of $15.7 million in other assets, consisting primarily of a federal income tax receivable of $25.7 million, $7.3 million in total cash and cash equivalents, $7.0 million in securities available-for-sale, and $6.5 million in loans receivable, net, partially offset by decreases in loans held for sale (“HFS”) of $4.4 million,  and core deposit intangible (“CDI”), net of $897,000. The increase compared to September 30, 2023, was primarily due to increases in loans receivable, net of $88.1 million, loans HFS of $30.7 million, other assets of $13.1 million, and FHLB stock of $5.8 million. These increases were partially offset by decreases in total cash and cash equivalents of $40.3 million, securities available-for-sale of $23.7 million, mortgage servicing rights (“MSR”) of $8.9 million, certificates of deposit at other financial institutions of $5.6 million, CDI, net of $3.7 million, deferred tax asset, net of $3.2 million, operating lease right-of-use assets of $1.7 million, and premises and equipment, net of $900,000.

    LOAN PORTFOLIO                                                
    (Dollars in thousands)   September 30, 2024     June 30, 2024     September 30, 2023  
        Amount     Percent     Amount     Percent     Amount     Percent  
    REAL ESTATE LOANS                                                
    Commercial   $ 352,933       14.1 %   $ 359,404       14.4 %   $ 364,673       15.2 %
    Construction and development     292,366       11.7       274,209       11.0       289,873       12.0  
    Home equity     75,063       3.0       73,749       3.0       67,103       2.8  
    One-to-four-family (excludes HFS)     591,666       23.7       588,966       23.7       540,670       22.5  
    Multi-family     238,462       9.6       239,675       9.6       243,661       10.1  
    Total real estate loans     1,550,490       62.1       1,536,003       61.7       1,505,980       62.6  
                                                     
    CONSUMER LOANS                                                
    Indirect home improvement     552,226       22.2       563,621       22.7       562,650       23.4  
    Marine     76,845       3.1       74,627       3.0       73,887       3.1  
    Other consumer     3,346       0.1       3,440       0.1       3,547       0.1  
    Total consumer loans     632,417       25.4       641,688       25.8       640,084       26.6  
                                                     
    COMMERCIAL BUSINESS LOANS                                                
    Commercial and industrial (“C&I”)     296,773       11.9       285,183       11.5       236,520       9.8  
    Warehouse lending     15,249       0.6       25,548       1.0       23,489       1.0  
    Total commercial business loans     312,022       12.5       310,731       12.5       260,009       10.8  
    Total loans receivable, gross     2,494,929       100.0 %     2,488,422       100.0 %     2,406,073       100.0 %
                                                     
    Allowance for credit losses on loans     (31,232 )             (31,238 )             (30,501 )        
    Total loans receivable, net   $ 2,463,697             $ 2,457,184             $ 2,375,572          
     

    Loans receivable, net was unchanged at $2.46 billion at September 30, 2024 and June 30, 2024, and increased $88.1 million from $2.38 billion at September 30, 2023. Total real estate loans remained virtually unchanged at $1.55 billion at September 30, 2024, compared to June 30, 2024, however, there were notable shifts within the portfolio. Specifically, construction and development loans increased $18.2 million, one-to-four-family loans (excluding HFS) increased $2.7 million mainly due to new loan originations, and home equity loans increased $1.3 million. These gains were partially offset by declines of $6.5 million in commercial real estate loans and $1.2 million in multi-family loans.  In addition, commercial business loans increased $1.3 million to $312.0 million at September 30, 2024, up from $310.7 million on June 30, 2024, resulting from an increase of $11.6 million in C&I loans and a decrease of $10.3 million in warehouse lending.  Consumer loans decreased $9.3 million to $632.4 million at September 30, 2024, compared to June 30, 2024, resulting from an $11.4 million decrease in indirect home improvement loans, partially offset by an increase of $2.2 million in marine loans. 

    The composition of CRE loans at the dates indicated were as follows:

    (Dollars in thousands)                        
        September 30, 2024     June 30, 2024     September 30, 2023  
    CRE by Type:   Amount     Amount     Amount  
    Agriculture   $ 3,610     $ 3,639     $ 3,926  
    CRE Non-owner occupied:                        
    Office     40,672       41,381       41,878  
    Retail     36,070       37,507       37,865  
    Hospitality/restaurant     27,743       28,314       25,252  
    Self storage     19,130       19,141       21,381  
    Mixed use     17,881       18,062       16,768  
    Industrial     15,402       17,163       17,431  
    Senior housing/assisted living     7,621       7,675       8,556  
    Other (1)     6,684       6,847       7,814  
    Land     2,523       3,021       6,381  
    Education/worship     2,545       2,571       2,645  
    Total CRE non-owner occupied     176,271       181,682       185,971  
    CRE owner occupied:                        
    Industrial     63,577       63,969       63,307  
    Office     42,156       41,978       41,663  
    Retail     19,968       20,885       23,228  
    Hospitality/restaurant     10,528       10,800       14,153  
    Other (2)     8,116       8,354       8,850  
    Car wash     9,575       9,607       7,818  
    Automobile related     8,874       8,200       8,193  
    Education/worship     4,609       4,610       4,617  
    Mixed use     5,649       5,680       2,947  
    Total CRE owner occupied     173,052       174,083       174,776  
    Total   $ 352,933     $ 359,404     $ 364,673  

    __________________________________

    (1)   Primarily includes loans secured by mobile home parks totaling $774,000, $782,000, and $2.4 million, RV parks totaling $689,000, $692,000, and $702,000, automobile-related collateral totaling $594,000, $599,000, and $0, and other collateral totaling $4.6 million, $4.7 million, and $4.8 million at September 30, 2024, June 30, 2024, and September 30, 2023, respectively.
    (2)   Primarily includes loans secured by gas stations totaling $1.5 million, $1.6 million and $1.7 million, non-profit organization totaling $901,000, $908,000 and $928,000, and other collateral totaling $5.7 million, $5.1 million and $6.2 million at September 30, 2024, June 30, 2024, and September 30, 2023, respectively.
         

    The following tables includes CRE loans repricing or maturing within the next two years, excluding loans that reprice simultaneously with changes to the prime rate:

    (Dollars in thousands)     For the Quarter Ended         Current Weighted
        Dec 31,   Mar 31,   Jun 30,   Sep 30,   Dec 31,   Mar 31,   Jun 30,   Sep 30,         Average
    CRE by type:   2024   2025   2025   2025   2025   2026   2026   2026   Total   Rate
    Agriculture   $ 926   $   $ 424   $   $ 311   $ 181   $ 259   $ 306   $ 2,407   6.40%
    Apartment     9,990     9,817     5,271     1,829     18,671     1,908     14,485     9,797     71,768   4.87%
    Auto related             2,091                         2,091   4.18%
    Hotel / hospitality         579     1,212     1,336         118     1,307         4,552   4.39%
    Industrial     8,337     897     588         10,361     584     173     1,636     22,576   5.29%
    Mixed use     795     1,750     3,490     250     318                 6,603   5.00%
    Office     4,702     11,171         4,214     988     528     1,666     566     23,835   4.88%
    Other     1,227         116     1,168     246     901         2,545     6,203   4.96%
    Retail     1,266     2,006         83         465     3,285         7,105   4.15%
    Senior housing and assisted living                         2,186             2,186   4.75%
    Total   $ 27,243   $ 26,220   $ 13,192   $ 8,880   $ 30,895   $ 6,871   $ 21,175   $ 14,850   $ 149,326   4.91%
     

    A breakdown of construction loans at the dates indicated were as follows:

    (Dollars in thousands)                                
        September 30, 2024     June 30, 2024  
    Construction Types:   Amount     Percent     Amount     Percent  
    Commercial construction ─ retail   $ 8,710       3.0 %   $ 8,698       3.2 %
    Commercial construction ─ office     4,737       1.6       4,737       1.7  
    Commercial construction ─ self storage     10,408       3.5       10,000       3.6  
    Commercial construction ─ car wash     7,807       2.7       7,807       2.8  
    Multi-family     30,931       10.6       30,960       11.3  
    Custom construction ─ single family residential and single family manufactured residential     43,528       14.9       46,107       16.8  
    Custom construction ─ land, lot and acquisition and development     8,220       2.8       7,310       2.7  
    Speculative residential construction ─ vertical     145,549       49.8       131,293       47.9  
    Speculative residential construction ─ land, lot and acquisition and development     32,476       11.1       27,297       10.0  
    Total   $ 292,366       100.0 %   $ 274,209       100.0 %
    (Dollars in thousands)                                
        September 30, 2024     September 30, 2023  
    Construction Types:   Amount     Percent     Amount     Percent  
    Commercial construction ─ retail   $ 8,710       3.0 %   $ 7,347       2.5 %
    Commercial construction ─ office     4,737       1.6       4,591       1.6  
    Commercial construction ─ self storage     10,408       3.5       10,734       3.7  
    Commercial construction ─ car wash     7,807       2.7       7,287       2.5  
    Multi-family     30,931       10.6       52,913       18.3  
    Custom construction ─ single family residential and single family manufactured residential     43,528       14.9       44,542       15.4  
    Custom construction ─ land, lot and acquisition and development     8,220       2.8       7,012       2.4  
    Speculative residential construction ─ vertical     145,549       49.8       124,244       42.8  
    Speculative residential construction ─ land, lot and acquisition and development     32,476       11.1       31,203       10.8  
    Total   $ 292,366       100.0 %   $ 289,873       100.0 %
     

    Originations of one-to-four-family loans to purchase and refinance a home for the periods indicated were as follows:

    (Dollars in thousands)   For the Three Months Ended     For the Three Months Ended                  
        September 30, 2024     June 30, 2024                  
        Amount     Percent     Amount     Percent     $ Change     % Change  
    Purchase   $ 168,088       85.7 %   $ 193,715       92.3 %   $ (25,627 )     (13.2 )%
    Refinance     28,001       14.3       16,173       7.7       11,828       73.1 %
    Total   $ 196,089       100.0 %   $ 209,888       100.0 %   $ (13,799 )     (6.5 )%
    (Dollars in thousands)   For the Three Months Ended September 30,                  
        2024     2023                  
        Amount     Percent     Amount     Percent     $ Change     % Change  
    Purchase   $ 168,088       85.7 %   $ 139,345       92.1 %   $ 28,743       20.6 %
    Refinance     28,001       14.3       12,001       7.9       16,000       133.3 %
    Total   $ 196,089       100.0 %   $ 151,346       100.0 %   $ 44,743       29.6 %
    (Dollars in thousands)   For the Nine Months Ended September 30,                  
        2024     2023                  
        Amount     Percent     Amount     Percent     $ Change     % Change  
    Purchase   $ 497,705       88.8 %   $ 387,211       91.8 %   $ 110,494       28.5 %
    Refinance     62,546       11.2       34,635       8.2       27,911       80.6 %
    Total   $ 560,251       100.0 %   $ 421,846       100.0 %   $ 138,405       32.8 %
     

    During the quarter ended September 30, 2024, the Company sold $167.6 million of one-to-four-family loans compared to $164.5 million during the previous quarter and $117.6 million during the same quarter one year ago. Gross margins on home loan sales were unchanged at 2.96% for both quarters ended September 30, 2024, and  June 30, 2024, and declined from 3.08% in the same quarter one year ago. Gross margins are defined as the margin on loans sold (cash sales) without the impact of deferred costs.

    Liabilities and Equity Summary

    Changes in deposits at the dates indicated were as follows:

    (Dollars in thousands)                                                
        September 30, 2024     June 30, 2024                  
    Transactional deposits:   Amount     Percent     Amount     Percent     $ Change     % Change  
    Noninterest-bearing checking   $ 641,270       26.4 %   $ 613,137       25.7 %   $ 28,133       4.6 %
    Interest-bearing checking (1)     165,944       6.8       166,839       7.0       (895 )     (0.5 )
    Escrow accounts related to mortgages serviced (2)     16,483       0.7       10,212       0.4       6,271       61.4  
    Subtotal     823,697       33.9       790,188       33.1       33,509       4.2  
    Savings     151,364       6.2       151,398       6.4       (34 )     (0.0 )
    Money market (3)     340,049       14.0       343,995       14.4       (3,946 )     (1.1 )
    Subtotal     491,413       20.2       495,393       20.8       (3,980 )     (0.8 )
    Certificates of deposit less than $100,000 (4)     533,441       22.0       530,537       22.3       2,904       0.5  
    Certificates of deposit of $100,000 through $250,000     452,705       18.7       427,893       18.0       24,812       5.8  
    Certificates of deposit greater than $250,000     126,075       5.2       138,792       5.8       (12,717 )     (9.2 )
    Subtotal     1,112,221       45.9       1,097,222       46.1       14,999       1.4  
    Total   $ 2,427,331       100.0 %   $ 2,382,803       100.0 %   $ 44,528       1.9 %
    (Dollars in thousands)                                                
        September 30, 2024     September 30, 2023                  
    Transactional deposits:   Amount     Percent     Amount     Percent     $ Change     % Change  
    Noninterest-bearing checking   $ 641,270       26.4 %   $ 643,670       26.2 %   $ (2,400 )     (0.4 )%
    Interest-bearing checking (1)     165,944       6.8       219,468       8.9       (53,524 )     (24.4 )
    Escrow accounts related to mortgages serviced (2)     16,483       0.7       26,489       1.1       (10,006 )     (37.8 )
    Subtotal     823,697       33.9       889,627       36.2       (65,930 )     (7.4 )
    Savings     151,364       6.2       157,901       6.4       (6,537 )     (4.1 )
    Money market (3)     340,049       14.0       389,962       15.9       (49,913 )     (12.8 )
    Subtotal     491,413       20.2       547,863       22.3       (56,450 )     (10.3 )
    Certificates of deposit less than $100,000 (4)     533,441       22.0       527,032       21.5       6,409       1.2  
    Certificates of deposit of $100,000 through $250,000     452,705       18.7       406,545       16.6       46,160       11.4  
    Certificates of deposit greater than $250,000     126,075       5.2       83,377       3.4       42,698       51.2  
    Subtotal     1,112,221       45.9       1,016,954       41.5       95,267       9.4  
    Total   $ 2,427,331       100.0 %   $ 2,454,444       100.0 %   $ (27,113 )     (1.1 )%

    __________________________________

    (1)   There were no brokered deposits at September 30, 2024 and  June 30, 2024, compared to $50.1 million at September 30, 2023.                  
    (2)   Noninterest-bearing accounts.
    (3)   Includes $1.0 million, $4.0 million and $51,000 of brokered deposits at September 30, 2024, June 30, 2024 and September 30, 2023, respectively.
    (4)   Includes $250.2 million, $261.0 million, and $323.3 million of brokered deposits at September 30, 2024, June 30, 2024 and September 30, 2023, respectively.
         

    At September 30, 2024, CDs, which include retail and non-retail CDs, totaled $1.11 billion, compared to $1.10 billion at June 30, 2024 and $1.02 billion at September 30, 2023, with non-retail CDs representing 22.5%, 24.9% and 33.2% of total CDs at such dates, respectively. At September 30, 2024, non-retail CDs, which include brokered CDs, online CDs and public funds CDs, decreased $10.4 million to $262.9 million, compared to $273.4 million at June 30, 2024, primarily due to a decrease of $10.8 million in brokered CDs. Non-retail CDs totaled $262.9 million at September 30, 2024, compared to $337.2 million at September 30, 2023.

    At September 30, 2024, the Bank had uninsured deposits of approximately $644.9 million, compared to approximately $586.6 million at June 30, 2024, and $591.6 million at September 30, 2023.  The uninsured amounts are estimates based on the methodologies and assumptions used for the Bank’s regulatory reporting requirements.

    At September 30, 2024, borrowings decreased $18.1 million to $163.8 million at September 30, 2024, from $181.9 million at June 30, 2024, and increased $41.9 million from $121.9 million at September 30, 2023. These borrowings were comprised of FHLB advances of $153.8 million, and overnight borrowings of $10.0 million.

    Total stockholders’ equity increased $4.9 million to $288.9 million at September 30, 2024, from $284.0 million at June 30, 2024, and increased $38.2 million, from $250.7 million at September 30, 2023. The increase in stockholders’ equity at September 30, 2024, compared to June 30, 2024, reflects net income of $10.3 million, partially offset by cash dividends paid of $2.1 million. Stockholders’ equity was also impacted by decreases in unrealized net losses on securities available for sale of $4.2 million, net of tax, and decreases in unrealized net gains on fair value and cash flow hedges of $7.0 million, net of tax, reflecting changes in market interest rates during the quarter, resulting in a $2.7 million increase in accumulated other comprehensive loss, net of tax. Book value per common share was $37.45 at September 30, 2024, compared to $37.15 at June 30, 2024, and $32.58 at September 30, 2023.

    The Bank is considered well capitalized under the capital requirements established by the Federal Deposit Insurance Corporation (“FDIC”) with a total risk-based capital ratio of 14.2%, a Tier 1 leverage capital ratio of 11.2%, and a common equity Tier 1 (“CET1”) capital ratio of 12.9% at September 30, 2024.

    The Company exceeded all regulatory capital requirements with a total risk-based capital ratio of 14.4%, a Tier 1 leverage capital ratio of 9.7%, and a CET1 ratio of 11.2% at September 30, 2024.

    Credit Quality

    The allowance for credit losses on loans (“ACLL”) was $31.2 million, or 1.25% of gross loans receivable (excluding loans HFS) at September 30, 2024, compared to $31.2 million, or 1.26% of gross loans receivable (excluding loans HFS), at June 30, 2024, and $30.5 million, or 1.27% of gross loans receivable (excluding loans HFS), at September 30, 2023. The virtually static balance in the ACLL at September 30, 2024, compared to the prior quarter was primarily due to insignificant changes in the loan portfolio period over period and provision for credit losses on loans that offset consumer loan net charge-offs.  The increase of $731,000 in the ACLL from the same quarter the prior year was primarily due to organic loan growth and increases in nonperforming loans and net charge-offs. The allowance for credit losses on unfunded loan commitments decreased $79,000 to $1.5 million at September 30, 2024, compared to $1.6 million at June 30, 2024, and decreased $291,000 from $1.8 million at September 30, 2023. 

    Nonperforming loans decreased $634,000 to $10.8 million at September 30, 2024, compared to $11.4 million at June 30, 2024, and increased $5.2 million from $5.6 million at September 30, 2023. The decrease in nonperforming loans compared to the prior quarter was primarily due to decreases in nonperforming indirect home improvement loans of $549,000 and marine loans of $94,000. The increase in nonperforming loans compared to the same quarter the prior year was primarily due to increases in nonperforming construction and development loans of $4.7 million and commercial business loans of $461,000.

    Loans classified as substandard decreased $1.1 million to $23.2 million at September 30, 2024, compared to $24.3 million at June 30, 2024, and increased $4.0 million from $19.2 million at September 30, 2023.  The decrease in substandard loans compared to the prior quarter was primarily due to a decrease of $549,000 in indirect home improvement loans, $323,000 in commercial real estate loans, $94,000 in marine loans, $74,000 in C&I loans, and $59,000 in one-to-four family loans.  The increase in substandard loans compared to the prior year was primarily due to increases of $4.7 million in construction and development loans, $108,000 in home equity loans, $102,000 in indirect home improvement loans, partially offset by decreases of $462,000 in C&I loans, $293,000 in one-to-four-family loans, and $173,000 in marine loans. There was no other real estate owned (“OREO”) property at September 30, 2024 and June 30, 2024, compared to one OREO property (a closed branch in Centralia, Washington) of $570,000 at September 30, 2023.

    Operating Results

    Net interest income increased $610,000 to $31.2 million for the three months ended September 30, 2024, from $30.6 million for the three months ended September 30, 2023, primarily due to an increase in interest and dividend income of $3.8 million, partially offset by an increase in interest expense of $3.2 million. The $3.8 million increase in total interest income was primarily due to an increase of $3.9 million in interest income on loans receivable, including fees, primarily as a result of new loans being originated at higher rates and variable rate loans repricing higher. The $3.2 million increase in total interest expense was primarily the result of higher market interest rates, higher utilization of borrowings and a shift in deposit mix from transactional accounts to higher cost CDs.

    For the nine months ended September 30, 2024, net interest income decreased $857,000 to $92.0 million, from $92.8 million for the nine months ended September 30, 2023, resulting from an increase in interest expense of $16.0 million and an increase in interest income of $15.1 million.

    NIM (annualized) increased one basis point to 4.35% for the three months ended September 30, 2024, from 4.34% for the same period in the prior year, and decreased 26 basis points to 4.30% for the nine months ended September 30, 2024, from 4.56% for the nine months ended September 30, 2023. The change in NIM for the three and nine months ended September 30, 2024 compared to the same periods in 2023, reflects the increased costs of deposits and borrowings, which outpaced the increased yields earned on interest-earning assets. 

    The average total cost of funds, including noninterest-bearing checking, increased 47 basis points to 2.39% for the three months ended September 30, 2024, from 1.92% for the three months ended September 30, 2023. This increase was predominantly due to higher market rates for deposits and increased utilization of higher cost borrowings. The average cost of funds increased 75 basis points to 2.33% for the nine months ended September 30, 2024, from 1.58% for the nine months ended September 30, 2023, also reflecting increases in market interest rates over last year and increased utilization of borrowings. Management remains focused on matching deposit/liability duration with the duration of loans/assets where feasible.

    For the three and nine months ended September 30, 2024, the provision for credit losses on loans was $1.5 million and $4.0 million, compared to $683,000 and $4.1 million for the three and nine months ended September 30, 2023. The provision for credit losses on loans reflects an increase in charge-off activity for the quarter and increases in the loan portfolio for the year-to-date periods.

    During the three months ended September 30, 2024, net charge-offs increased $1.1 million to $1.6 million, compared to $531,000 for the same period last year.  This increase was the result of increased net charge-offs of $996,000 in indirect home improvement loans and $82,000 in marine loans, partially offset by a net recovery of $8,000 in other consumer loans. Net charge-offs increased $2.7 million to $4.3 million during the nine months ended September 30, 2024, compared to $1.6 million during the nine months ended September 30, 2023.  This increase included net charge-off increases of $1.5 million in indirect home improvement loans, $1.0 million C&I loans, $146,000 in marine loans and $117,000 in other consumer loans. Management attributes the increase in net charge-offs over the year primarily to volatile economic conditions.

    Noninterest income increased $985,000 to $6.0 million for the three months ended September 30, 2024, from $5.0 million for the three months ended September 30, 2023. The increase reflects a $648,000 increase in gain on sale of loans, primarily as a result of the increased volume of loans sold and an increase of $566,000 in other noninterest income, primarily due to fair value changes on loans.  Noninterest income during the three months ended September 30, 2024, also reflects a $141,000 gain on the sale of MSRs, with no similar transaction occurring in the comparable quarter last year.  These increases were partially offset by a $400,000 decrease in service charges and fee income, primarily due to the sale of MSRs in the first quarter of 2024.  Noninterest income increased $1.9 million to $16.9 million for the nine months ended September 30, 2024, from $15.0 million for the nine months ended September 30, 2023.  This increase was primarily the result of an $8.4 million gain on sale of MSRs recorded during the first nine months of 2024 with no similar transaction occurring in the comparable nine month period in 2023, and a $1.5 million increase in gain on sale of loans, partially offset by a $7.8 million loss on sale of investment securities resulting from management’s strategic decision to increase the yields earned on and reduce the duration of the securities portfolio, and an $839,000 decrease in service charges and fee income due to a reduction in loan servicing fees due to the sale of MSRs in the first quarter of 2024. 

    Noninterest expense increased $2.2 million to $25.8 million for the three months ended September 30, 2024, from $23.6 million for the three months ended September 30, 2023. The increase in noninterest expense was primarily due to increases of $506,000 in impairment of MSRs, $482,000 in salaries and benefits, $557,000 in professional and board fees, which included $571,000 in nonrecurring consulting charges and legal fees related to application/system upgrades and tax credit work, $418,000 in operations, $315,000 in data processing, and a decrease of $105,000 in amortization of CDI. Noninterest expense increased $1.9 million to $73.2 million for the nine months ended September 30, 2024, from $71.3 million for the nine months ended September 30, 2023.  This increase was primarily due to increases of $1.1 million in data processing, $1.0 million in professional and board fees which included $824,000 in nonrecurring consulting charges and legal fees for the reasons stated above, $610,000 in operations expense, and $545,000 in impairment of MSRs, partially offset by a decrease of $1.6 million in acquisition costs as a result of no acquisition costs during the current period.

    For the three months ended September 30, 2024, the Company recorded a benefit for income taxes of $420,000 as compared to a provision for income taxes of $2.5 million for the three months ended September 30, 2023. The tax benefit was primarily due to the purchase during the quarter ended September 30, 2024, of alternative energy tax credits available under the Inflation Reduction Act of 2022, resulting in a gain of $2.3 million, which was partially offset by the $1.8 million provision for income taxes recorded on net income for the three months ended September 30, 2024. The Inflation Reduction Act of 2022 introduced several energy tax credits designed to promote clean energy investments, reduce carbon emissions, and accelerate the transition to renewable energy. The effective corporate income tax rates for the three months ended September 30, 2024 and 2023 were (4.3)% which was reduced by 2,300 basis points due to the energy tax credits discussed above, and 22.0%, respectively. The decrease in the effective corporate income tax rate, excluding the effects of the energy tax credits, was attributable to tax benefits derived from the exercises of employee stock options during the current quarter.

    About FS Bancorp

    FS Bancorp, Inc., a Washington corporation, is the holding company for 1st Security Bank of Washington. The Bank offers a range of loan and deposit services primarily to small- and middle-market businesses and individuals in Washington and Oregon.  It operates through 27 bank branches, one headquarters office that provides loans and deposit services, and loan production offices in various suburban communities in the greater Puget Sound area, the Kennewick-Pasco-Richland metropolitan area of Washington, also known as the Tri-Cities, and in Vancouver, Washington. Additionally, the Bank services home mortgage customers across the Northwest, focusing on markets in Washington State including the Puget Sound, Tri-Cities, and Vancouver.

    Forward-Looking Statements

    When used in this press release and in other documents filed with or furnished to the Securities and Exchange Commission (the “SEC”), in press releases or other public stockholder communications, or in oral statements made with the approval of an authorized executive officer, the words or phrases “believe,” “will,” “will likely result,” “are expected to,” “will continue,” “is anticipated,” “estimate,” “project,” “plans,” or similar expressions are intended to identify “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not historical facts but instead represent management’s current expectations and forecasts regarding future events, many of which are inherently uncertain and outside of our control. Actual results may differ, possibly materially from those currently expected or projected in these forward-looking statements. Factors that could cause the Company’s actual results to differ materially from those described in the forward-looking statements, include but are not limited to, the following: adverse impacts to economic conditions in the Company’s local market areas, other markets where the Company has lending relationships, or other aspects of the Company’s business operations or financial markets, including, without limitation, as a result of employment levels; labor shortages, the effects of inflation, a recession or slowed economic growth; changes in the interest rate environment, including the increases and decrease in the Federal Reserve benchmark rate and duration at which such interest rate levels are maintained, which could adversely affect our revenues and expenses, the values of our assets and obligations, and the availability and cost of capital and liquidity; the impact of inflation and the current and future monetary policies of the Federal Reserve in response thereto; the effects of any federal government shutdown;  increased competitive pressures, changes in the interest rate environment, adverse changes in the securities markets, the Company’s ability to execute its plans to grow its residential construction lending, mortgage banking, and warehouse lending operations, and the geographic expansion of its indirect home improvement lending; challenges arising from expanding into new geographic markets, products, or services; secondary market conditions for loans and the Company’s ability to originate loans for sale and sell loans in the secondary market; volatility in the mortgage industry; fluctuations in deposits; liquidity issues, including our ability to borrow funds or raise additional capital, if necessary; the impact of bank failures or adverse developments at other banks and related negative press about the banking industry in general on investor and depositor sentiment; legislative and regulatory changes, including changes in banking, securities and tax law, in regulatory policies and principles, or the interpretation of regulatory capital or other rules; disruptions, security breaches, or other adverse events, failures or interruptions in, or attacks on, our information technology systems or on the third-party vendors who perform critical processing functions for us; environmental, social and governance goals; the effects of climate change, severe weather events, natural disasters, pandemics, epidemics and other public health crises, acts of war or terrorism, civil unrest and other external events on our business; and other factors described in the Company’s latest Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and other reports filed with or furnished to the SEC which are available on its website at http://www.fsbwa.com and on the SEC’s website at http://www.sec.gov.

    Any of the forward-looking statements that the Company makes in this press release and in the other public statements are based upon management’s beliefs and assumptions at the time they are made and may turn out to be incorrect because of the inaccurate assumptions the Company might make, because of the factors illustrated above or because of other factors that cannot be foreseen by the Company. Therefore, these factors should be considered in evaluating the forward-looking statements, and undue reliance should not be placed on such statements. The Company does not undertake and specifically disclaims any obligation to revise any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements.

    FS BANCORP, INC. AND SUBSIDIARY
    CONSOLIDATED BALANCE SHEETS
    (Dollars in thousands, except share amounts) (Unaudited)
     
                                Linked     Prior Year  
        September 30,     June 30,     September 30,     Quarter     Quarter  
        2024     2024     2023     % Change     % Change  
    ASSETS                                        
    Cash and due from banks   $ 17,950     $ 20,005     $ 18,137       (10 )     (1 )
    Interest-bearing deposits at other financial institutions     22,390       13,006       62,536       72       (64 )
    Total cash and cash equivalents     40,340       33,011       80,673       22       (50 )
    Certificates of deposit at other financial institutions     12,001       12,707       17,636       (6 )     (32 )
    Securities available-for-sale, at fair value     228,199       221,182       251,917       3       (9 )
    Securities held-to-maturity, net     8,455       8,455       8,455              
    Loans held for sale, at fair value     49,373       53,811       18,636       (8 )     165  
    Loans receivable, net     2,463,697       2,457,184       2,375,572             4  
    Accrued interest receivable     14,014       13,792       13,925       2       1  
    Premises and equipment, net     30,026       29,999       30,926             (3 )
    Operating lease right-of-use     5,365       5,784       7,042       (7 )     (24 )
    Federal Home Loan Bank stock, at cost     9,504       10,322       3,696       (8 )     157  
    Other real estate owned                 570             (100 )
    Deferred tax asset, net     4,222       4,590       7,424       (8 )     (43 )
    Bank owned life insurance (“BOLI”), net     38,453       38,201       37,480       1       3  
    MSRs, held at the lower of cost or fair value     8,739       9,352       17,657       (7 )     (51 )
    Goodwill     3,592       3,592       3,592              
    Core deposit intangible, net     14,586       15,483       18,323       (6 )     (20 )
    Other assets     39,642       23,912       26,548       66       49  
    TOTAL ASSETS   $ 2,970,208     $ 2,941,377     $ 2,920,072       1       2  
    LIABILITIES                                        
    Deposits:                                        
    Noninterest-bearing accounts   $ 657,753     $ 623,349     $ 670,158       6       (2 )
    Interest-bearing accounts     1,769,578       1,759,454       1,784,286       1       (1 )
    Total deposits     2,427,331       2,382,803       2,454,444       2       (1 )
    Borrowings     163,806       181,895       121,895       (10 )     34  
    Subordinated notes:                                        
    Principal amount     50,000       50,000       50,000              
    Unamortized debt issuance costs     (423 )     (439 )     (489 )     (4 )     (13 )
    Total subordinated notes less unamortized debt issuance costs     49,577       49,561       49,511              
    Operating lease liability     5,548       5,979       7,269       (7 )     (24 )
    Other liabilities     35,044       37,113       36,288       (6 )     (3 )
    Total liabilities     2,681,306       2,657,351       2,669,407       1        
    COMMITMENTS AND CONTINGENCIES                                        
    STOCKHOLDERS’ EQUITY                                        
    Preferred stock, $.01 par value; 5,000,000 shares authorized; none issued or outstanding                              
    Common stock, $.01 par value; 45,000,000 shares authorized; 7,817,172 shares issued and outstanding at September 30, 2024, 7,742,607 at June 30, 2024, and 7,796,095 at September 30, 2023     78       77       78       1        
    Additional paid-in capital     55,264       55,834       57,464       (1 )     (4 )
    Retained earnings     251,843       243,651       222,532       3       13  
    Accumulated other comprehensive loss, net of tax     (18,283 )     (15,536 )     (29,409 )     18       (38 )
    Total stockholders’ equity     288,902       284,026       250,665       2       15  
    TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY   $ 2,970,208     $ 2,941,377     $ 2,920,072       1       2  
     
    FS BANCORP, INC. AND SUBSIDIARY
    CONSOLIDATED STATEMENTS OF INCOME
    (Dollars in thousands, except per share amounts) (Unaudited)
     
        Three Months Ended     Linked     Prior Year  
        September 30,     June 30,     September 30,     Quarter     Quarter  
        2024     2024     2023     % Change     % Change  
    INTEREST INCOME                                        
    Loans receivable, including fees   $ 43,800     $ 42,406     $ 39,874       3       10  
    Interest and dividends on investment securities, cash and cash equivalents, and certificates of deposit at other financial institutions     3,243       3,534       3,396       (8 )     (5 )
    Total interest and dividend income     47,043       45,940       43,270       2       9  
    INTEREST EXPENSE                                        
    Deposits     13,486       13,252       10,462       2       29  
    Borrowings     1,828       1,801       1,689       1       8  
    Subordinated notes     485       486       485              
    Total interest expense     15,799       15,539       12,636       2       25  
    NET INTEREST INCOME     31,244       30,401       30,634       3       2  
    PROVISION FOR CREDIT LOSSES     1,513       1,077       548       40       176  
    NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES     29,731       29,324       30,086       1       (1 )
    NONINTEREST INCOME                                        
    Service charges and fee income     2,482       2,479       2,882             (14 )
    Gain on sale of loans     2,523       2,463       1,875       2       35  
    Gain on sale of MSRs     141                   NM       NM  
    Gain on sale of investment securities, net     11       151             (93 )     NM  
    Earnings on cash surrender value of BOLI     252       242       233       4       8  
    Other noninterest income     558       533       (8 )     5       (7,075 )
    Total noninterest income     5,967       5,868       4,982       2       20  
    NONINTEREST EXPENSE                                        
    Salaries and benefits     13,985       13,378       13,503       5       4  
    Operations     3,827       3,519       3,409       9       12  
    Occupancy     1,662       1,669       1,588             5  
    Data processing     2,156       2,058       1,841       5       17  
    Loan costs     666       653       564       2       18  
    Professional and board fees     1,223       888       666       38       84  
    FDIC insurance     533       450       561       18       (5 )
    Marketing and advertising     377       377       452             (17 )
    Amortization of core deposit intangible     897       919       1,002       (2 )     (10 )
    Impairment (recovery) of servicing rights     506       (54 )           (1,037 )     NM  
    Total noninterest expense     25,832       23,857       23,586       8       10  
    INCOME BEFORE (BENEFIT) PROVISION FOR INCOME TAXES     9,866       11,335       11,482       (13 )     (14 )
    (BENEFIT) PROVISION FOR INCOME TAXES     (420 )     2,376       2,529       (118 )     (117 )
    NET INCOME   $ 10,286     $ 8,959     $ 8,953       15       15  
    Basic earnings per share   $ 1.32     $ 1.15     $ 1.15       15       15  
    Diluted earnings per share   $ 1.29     $ 1.13     $ 1.13       14       14  
     
        Nine Months Ended     Year  
        September 30,     September 30,     Over Year  
        2024     2023     % Change  
    INTEREST INCOME                        
    Loans receivable, including fees   $ 127,203     $ 114,082       12  
    Interest and dividends on investment securities, cash and cash equivalents, and certificates of deposit at other financial institutions     10,660       8,667       23  
    Total interest and dividend income     137,863       122,749       12  
    INTEREST EXPENSE                        
    Deposits     39,620       24,696       60  
    Borrowings     4,796       3,749       28  
    Subordinated note     1,456       1,456        
    Total interest expense     45,872       29,901       53  
    NET INTEREST INCOME     91,991       92,848       (1 )
    PROVISION FOR CREDIT LOSSES     3,989       3,372       18  
    NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES     88,002       89,476       (2 )
    NONINTEREST INCOME                        
    Service charges and fee income     7,513       8,352       (10 )
    Gain on sale of loans     6,824       5,298       29  
    Gain on sale of MSRs     8,356             NM  
    Loss on sale of investment securities, net     (7,836 )           NM  
    Earnings on cash surrender value of BOLI     734       681       8  
    Other noninterest income     1,355       703       93  
    Total noninterest income     16,946       15,034       13  
    NONINTEREST EXPENSE                        
    Salaries and benefits     40,920       40,880        
    Operations     10,354       9,744       6  
    Occupancy     5,036       4,670       8  
    Data processing     6,172       5,092       21  
    Loan costs     1,904       2,077       (8 )
    Professional and board fees     3,034       2,001       52  
    FDIC insurance     1,515       1,732       (13 )
    Marketing and advertising     981       1,072       (8 )
    Acquisition costs           1,562       100  
    Amortization of core deposit intangible     2,757       2,484       11  
    Impairment of servicing rights     545             NM  
    Total noninterest expense     73,218       71,314       3  
    INCOME BEFORE PROVISION FOR INCOME TAXES     31,730       33,196       (4 )
    PROVISION FOR INCOME TAXES     4,088       6,915       (41 )
    NET INCOME   $ 27,642     $ 26,281       5  
    Basic earnings per share   $ 3.54     $ 3.38       5  
    Diluted earnings per share   $ 3.45     $ 3.33       4  
     

    KEY FINANCIAL RATIOS AND DATA (Unaudited)

        At or For the Three Months Ended  
        September 30,     June 30,     September 30,  
        2024     2024     2023  
    PERFORMANCE RATIOS:                        
    Return on assets (ratio of net income to average total assets) (1)     1.38 %     1.22 %     1.22 %
    Return on equity (ratio of net income to average equity) (1)     14.08       12.72       13.81  
    Yield on average interest-earning assets (1)     6.56       6.48       6.13  
    Average total cost of funds (1)     2.39       2.38       1.92  
    Interest rate spread information – average during period     4.17       3.33       4.21  
    Net interest margin (1)     4.35       4.29       4.34  
    Operating expense to average total assets (1)     3.47       3.26       3.23  
    Average interest-earning assets to average interest-bearing liabilities (1)     144.28       166.25       145.14  
    Efficiency ratio (2)     69.42       65.78       66.22  
    Common equity ratio (ratio of stockholders’ equity to total assets)     9.73       9.66       8.58  
    Tangible common equity ratio (3)     9.17       9.07       7.89  
        For the Nine Months Ended  
        September 30,     September 30,  
        2024     2023  
    PERFORMANCE RATIOS:                
    Return on assets (ratio of net income to average total assets) (1)     1.25 %     1.25 %
    Return on equity (ratio of net income to average equity) (1)     13.05       14.13  
    Yield on average interest-earning assets (1)     6.44       6.03  
    Average total cost of funds (1)     2.33       1.58  
    Interest rate spread information – average during period     4.11       4.45  
    Net interest margin (1)     4.30       4.56  
    Operating expense to average total assets (1)     3.31       3.39  
    Average interest-earning assets to average interest-bearing liabilities     144.14       146.23  
    Efficiency ratio (2)     67.21       66.10  
        September 30,     June 30,     September 30,  
        2024     2024     2023  
    ASSET QUALITY RATIOS AND DATA:                        
    Nonperforming assets to total assets at end of period (4)     0.36 %     0.39 %     0.21 %
    Nonperforming loans to total gross loans (excluding loans HFS) (5)     0.43       0.46       0.23  
    Allowance for credit losses – loans to nonperforming loans (5)     290.07       273.95       493.46  
    Allowance for credit losses – loans to total gross loans (excluding loans HFS)     1.25       1.26       1.27  
        At or For the Three Months Ended  
        September 30,     June 30,     September 30,  
        2024     2024     2023  
    PER COMMON SHARE DATA:                        
    Basic earnings per share   $ 1.32     $ 1.15     $ 1.15  
    Diluted earnings per share   $ 1.29     $ 1.13     $ 1.13  
    Weighted average basic shares outstanding     7,676,102       7,688,246       7,667,981  
    Weighted average diluted shares outstanding     7,854,389       7,796,253       7,780,430  
    Common shares outstanding at end of period     7,713,359 (6)     7,644,463 (7)     7,693,951 (8)
    Book value per share using common shares outstanding   $ 37.45     $ 37.15     $ 32.58  
    Tangible book value per share using common shares outstanding (3)   $ 35.10     $ 34.66     $ 29.73  

    __________________________________

    (1)   Annualized.
    (2)   Total noninterest expense as a percentage of net interest income and total noninterest income.
    (3)   Represents a non-GAAP financial measure.  For a reconciliation to the most comparable GAAP financial measure, see “Non-GAAP Financial Measures” below.
    (4)   Nonperforming assets consist of nonperforming loans (which include nonaccruing loans and accruing loans more than 90 days past due), foreclosed real estate and other repossessed assets.
    (5)   Nonperforming loans consist of nonaccruing loans and accruing loans 90 days or more past due.
    (6)   Common shares were calculated using shares outstanding of 7,817,172 at September 30, 2024, less 103,813 unvested restricted stock shares.
    (7)   Common shares were calculated using shares outstanding of 7,742,607 at June 30, 2024, less 98,144 unvested restricted stock shares.
    (8)   Common shares were calculated using shares outstanding of 7,796,095 at September 30, 2023, less 102,144 unvested restricted stock shares.
    (Dollars in thousands)   For the Three Months Ended September 30,     For the Nine Months Ended September 30,     Linked Qtr.     Prior Year Qtr.  
    Average Balances   2024     2023     2024     2023     $ Change     $ Change  
    Assets                                                
    Loans receivable, net (1)   $ 2,536,106     $ 2,423,691     $ 2,504,129     $ 2,362,885     $ 112,415     $ 141,244  
    Securities available-for-sale, at amortized cost     250,957       294,148       288,460       276,835       (43,191 )     11,625  
    Securities held-to-maturity     8,500       8,500       8,500       8,500              
    Interest-bearing deposits and certificates of deposit at other financial institutions     48,546       68,369       49,887       67,163       (19,823 )     (17,276 )
    FHLB stock, at cost     10,739       4,626       6,666       5,190       6,113       1,476  
    Total interest-earning assets     2,854,848       2,799,334       2,857,642       2,720,573       55,514       137,069  
    Noninterest-earning assets     105,941       102,052       98,099       88,936       3,889       9,163  
    Total assets   $ 2,960,789     $ 2,901,386     $ 2,955,741     $ 2,809,509     $ 59,403     $ 146,232  
    Liabilities                                                
    Interest-bearing deposit accounts   $ 1,737,793     $ 1,741,257     $ 1,788,324     $ 1,703,688     $ (3,464 )   $ 84,636  
    Borrowings     191,279       138,013       144,635       107,254       53,266       37,381  
    Subordinated notes     49,567       49,500       49,550       49,484       67       66  
    Total interest-bearing liabilities     1,978,639       1,928,770       1,982,509       1,860,426       49,869       122,083  
    Noninterest-bearing deposit accounts     650,852       676,000       648,345       664,319       (25,148 )     (15,974 )
    Other noninterest-bearing liabilities     40,606       39,365       41,965       36,095       1,241       5,870  
    Total liabilities   $ 2,670,097     $ 2,644,135     $ 2,672,819     $ 2,560,840     $ 25,962     $ 111,979  

    __________________________________

    (1)   Includes loans HFS.
         

    Non-GAAP Financial Measures:

    In addition to financial results presented in accordance with generally accepted accounting principles utilized in the United States (“GAAP”), this earnings release presents non-GAAP financial measures that include tangible book value per share, and tangible common equity ratio. Management believes that providing the Company’s tangible book value per share and tangible common equity ratio is consistent with the capital treatment utilized by the investment community, which excludes intangible assets from the calculation of risk-based capital ratios and facilitates comparison of the quality and composition of the Company’s capital over time and to its competitors. Where applicable, the Company has also presented comparable GAAP information.

    These non-GAAP financial measures have inherent limitations, are not required to be uniformly applied, and are not audited. They should not be considered in isolation or as a substitute for total stockholders’ equity or operating results determined in accordance with GAAP. These non-GAAP measures may not be comparable to similarly titled measures reported by other companies.

    Reconciliation of the GAAP book value per share and common equity ratio and the non-GAAP tangible book value per share and tangible common equity ratio is presented below.

    (Dollars in thousands, except share and per share amounts)   September 30,   June 30,   September 30,  
    Tangible Book Value Per Share:   2024   2024   2023  
    Stockholders’ equity (GAAP)   $ 288,902     $ 284,026     $ 250,665    
    Less: goodwill and core deposit intangible, net     (18,178 )     (19,075 )     (21,915 )  
    Tangible common stockholders’ equity (non-GAAP)   $ 270,724     $ 264,951     $ 228,750    
                         
    Common shares outstanding at end of period     7,713,359 (1)     7,644,463 (2)     7,693,951 (3)  
                         
    Book value per share (GAAP)   $ 37.45     $ 37.15     $ 32.58    
    Tangible book value per share (non-GAAP)   $ 35.10     $ 34.66     $ 29.73    
                         
    Tangible Common Equity Ratio:                    
    Total assets (GAAP)   $ 2,970,208     $ 2,941,377     $ 2,920,072    
    Less: goodwill and core deposit intangible assets     (18,178 )     (19,075 )     (21,915 )  
    Tangible assets (non-GAAP)   $ 2,952,030     $ 2,922,302     $ 2,898,157    
                         
    Common equity ratio (GAAP)     9.73 %     9.66 %     8.58 %  
    Tangible common equity ratio (non-GAAP)     9.17       9.07       7.89    

    _________________________

    (1)   Common shares were calculated using shares outstanding of 7,817,172 at September 30, 2024, less 103,813 unvested restricted stock shares.
    (2)   Common shares were calculated using shares outstanding of 7,742,607 at June 30, 2024, less 98,144 unvested restricted stock shares.
    (3)   Common shares were calculated using shares outstanding of 7,796,095 at September 30, 2023, less 102,144 unvested restricted stock shares.
         

    Contacts:
    Joseph C. Adams,
    Chief Executive Officer
    Matthew D. Mullet,
    President/Chief Financial Officer
    (425) 771-5299
    http://www.FSBWA.com
      

    The MIL Network

  • MIL-OSI: Veritex Holdings, Inc. Reports Third Quarter 2024 Operating Results

    Source: GlobeNewswire (MIL-OSI)

    DALLAS, Oct. 22, 2024 (GLOBE NEWSWIRE) — Veritex Holdings, Inc. (“Veritex”, the “Company”, “we” or “our”) (Nasdaq: VBTX), the holding company for Veritex Community Bank, today announced the results for the quarter ended September 30, 2024.

    “We are pleased to announce both our third quarter results and updates on our balance sheet transformation over the past 2 years,” said C. Malcolm Holland, III, the Company’s Chairman and Chief Executive Officer. “My team has remained focused on growing granular, attractively priced deposits, increasing capital, managing concentrations and reducing credit risk exposure all while continuing to grow a fortress balance sheet through full relationship banking. I could not be more proud of our team of nearly 900 employees who embraced the challenges we set forth back in 2022 and each day going forward.”

        Quarter to Date   Year to Date
    Financial Highlights   Q3 2024   Q2 2024   Q3 2024   Q3 2023
        (Dollars in thousands, except per share data)
    (unaudited)
    GAAP                
    Net income   $ 31,001     $ 27,202     $ 82,359     $ 104,762  
    Diluted EPS     0.56       0.50       1.50       1.92  
    Book value per common share     29.53       28.49       29.53       27.46  
    Return on average assets1     0.96 %     0.87 %     0.87 %     1.14 %
    Return on average equity1     7.79       7.10       7.08       9.35  
    Net interest margin     3.30       3.29       3.28       3.55  
    Efficiency ratio     61.94       59.11       61.15       50.88  
    Non-GAAP2                
    Operating earnings   $ 32,181     $ 28,310     $ 89,628     $ 110,489  
    Diluted operating EPS     0.59       0.52       1.63       2.02  
    Tangible book value per common share     21.72       20.62       21.72       19.44  
    Pre-tax, pre-provision operating earnings     44,555       44,420       132,631       174,523  
    Pre-tax, pre-provision operating return on average assets1     1.38 %     1.42 %     1.41 %     1.90 %
    Pre-tax, pre-provision operating return on average loans1     1.83       1.83       1.83       2.43  
    Operating return on average assets1     1.00       0.91       0.95       1.20  
    Return on average tangible common equity1     11.33       10.54       10.48       13.95  
    Operating return on average tangible common equity1     11.74       10.94       11.34       14.68  
    Operating efficiency ratio     60.63       58.41       59.28       49.53  

    1 Annualized ratio.
    2 Refer to the section titled “Reconciliation of Non-GAAP Financial Measures” for a reconciliation of these non-generally accepted accounting principles (“GAAP”) financial measures to their most directly comparable GAAP measures.

    Other Third Quarter Financial, Credit and Company Highlights

    • Return on average assets (“ROAA”) increased 9 bps compared to June 30, 2024;
    • 7.2% linked quarter revenue growth;
    • Nonperforming assets (“NPAs”) decreased 13 bps from the prior quarter to 0.52% of total assets;
    • Total deposits grew $311.2 million, or 11.60% annualized, compared to June 30, 2024;
    • Common equity tier 1 capital grew 37 bps from the prior quarter to 10.86%;
    • Net interest margin (“NIM”) expanded to 3.30%;
    • Loan to deposit ratio, excluding mortgage warehouse loans, decreased to 81.9% as of September 30, 2024, compared to 85.9% as of June 30, 2024 and 90.7% as of September 30, 2023;
    • Tangible book value per common share increased to $21.72;
    • Allowance for credit losses (“ACL”) to total loans held for investment (“LHI”) increased to 1.21%, compared to 1.16% as of June 30, 2024 and 1.14% as of September 30, 2023; and
    • Declared quarterly cash dividend of $0.20 per share of outstanding common stock payable on November 22, 2024.

    Results of Operations for the Three Months Ended September 30, 2024

    Net Interest Income

    For the three months ended September 30, 2024, net interest income before provision for credit losses was $100.1 million and NIM was 3.30% compared to $96.2 million and 3.29%, respectively, for the three months ended June 30, 2024. The approximately $3.8 million increase, or 4.0%, in net interest income before provision for credit losses was primarily due to a $4.8 million increase in interest income on deposits in financial institutions and fed funds sold, a $1.4 million decrease in interest expense on advances from the Federal Home Loan Bank (“FHLB”), a $422 thousand increase in interest income on debt securities and a $282 thousand increase in interest income on loans. The increase was partially offset by a $1.6 million increase in interest expense on transactions and savings deposits and a $1.4 million increase in interest expense on certificates and other time deposits, during the three months ended September 30, 2024. NIM increased 1 basis point compared to the three months ended June 30, 2024, primarily due to a decrease in funding costs on deposits during the three months ended September 30, 2024, partially offset by a decrease in loan yields and average balances.

    Compared to the three months ended September 30, 2023, net interest income before provision for credit losses for the three months ended September 30, 2024 increased by $701 thousand, or 0.7%. The increase was primarily due to a $8.5 million decrease in interest expense on advances from the FHLB, a $5.4 million increase in interest income on deposits in financial institutions and fed funds sold and a $4.9 million increase in interest income on debt securities. The increase was partially offset by a $10.1 million increase in interest expense on certificates and other time deposits, a $7.3 million increase in interest expense on transaction and savings deposits and a $690 thousand decrease in interest income on equity securities and other investments. Compared to the three months ended September 30, 2023, NIM decreased 16 bps from 3.46% for the three months ended September 30, 2024. The decrease was primarily due to the increase in funding costs on deposits during the three months ended September 30, 2024, partially offset by an increase in loan yields and an increase in average balances and yields on debt securities.

    Noninterest Income

    Noninterest income for the three months ended September 30, 2024 was $13.1 million, an increase of $2.5 million, or 23.9%, compared to the three months ended June 30, 2024. The increase was primarily due to a $1.6 million increase in other income, driven by a $1.2 million increase in other real estate owned (“OREO”) income, a $1.1 million increase in loan fees and a $468 thousand increase in service charges and fees on deposits for the three months ended September 30, 2024. The increase was partially offset by a $540 thousand decrease in government guaranteed loan income.

    Compared to the three months ended September 30, 2023, noninterest income for the three months ended September 30, 2024 increased by $3.4 million, or 35.5%. The increase was primarily due to a $2.2 million increase in other income, driven by a $1.2 million increase in OREO income, a $1.7 million increase in loan fees and a $283 thousand increase in service charges and fees on deposit accounts. The increase was partially offset by a $1.0 million decrease in government guaranteed loan income, primarily driven by a decrease in the Company’s USDA sales.

    Noninterest Expense

    Noninterest expense was $70.1 million for the three months ended September 30, 2024, compared to $63.1 million for the three months ended June 30, 2024, an increase of $7.0 million, or 11.0%. The increase was primarily due to a $4.6 million increase in salaries and employee benefits primarily due to an increase in incentive accruals to 80% of target payout, a $1.9 million increase in other noninterest expense primarily driven by OREO expenses, a $805 thousand increase in marketing expenses and a $204 thousand increase in occupancy and equipment expense. The increase is partially offset by a decrease of $714 thousand in professional and regulatory fees compared to the three months ended June 30, 2024.

    Compared to the three months ended September 30, 2023, noninterest expense for the three months ended September 30, 2024 increased by $10.7 million, or 18.0%. The increase was primarily due to a $6.4 million increase in salaries and employee benefits primarily due to the increase in incentive accruals aforementioned, a $5.6 million increase in other noninterest expense, a $727 thousand increase data processing and software expense, and a $428 thousand increase in marketing expenses. The increase was partially offset by a $2.4 million decrease in professional and regulatory fees compared to the three months ended September 30, 2023.

    Financial Condition

    Total LHI was $9.03 billion at September 30, 2024, a decrease of $180.5 million compared to June 30, 2024.

    Total deposits were $11.04 billion at September 30, 2024, an increase of $311.2 million, or 11.6% linked quarter annualized. The increase was primarily the result of an increase of $227.2 million in noninterest bearing deposits and an increase of $225.3 million in interest-bearing transaction and savings deposits. The increase was partially offset by a decrease of $118.7 million in certificates and other time deposits and a decrease of $22.6 million in correspondent money market accounts.

    Credit Quality

    NPAs totaled $67.3 million, or 0.52% of total assets, of which $58.3 million represents LHI and $9.0 million represents OREO at September 30, 2024, compared to $83.0 million, or 0.65% of total assets, at June 30, 2024. The Company had net charge-offs of $269 thousand for the three months ended September 30, 2024. Annualized net charge-offs to average loans outstanding were 1bp, for the three months ended September 30, 2024, compared to 28 bps and 8 bps for the three months ended June 30, 2024 and September 30, 2023, respectively.

    ACL as a percentage of LHI was 1.21%, 1.16% and 1.14% at September 30, 2024, June 30, 2024 and September 30, 2023, respectively. The Company recorded a provision for credit losses of $4.0 million, $8.3 million and $8.6 million for the three months ended September 30, 2024, June 30, 2024 and September 30, 2023, respectively. The recorded provision for credit losses for the three months ended September 30, 2024, compared to the three months ended June 30, 2024, was primarily attributable to an increase in general reserves as a result of changes in economic factors which now represents 97% of the total ACL as a percentage of LHI. The balance for unfunded commitments for the three months ended September 30, 2024 remained relatively stable compared to the three months ended June 30, 2024 and recorded no benefit or provision for unfunded commitments for the three months ended September 30, 2024. The Company recorded no benefit or provision for unfunded commitments for the three months ended June 30, 2024 and a $909 thousand benefit for unfunded commitments for the three months ended September 30, 2023.

    Income Tax

    Income tax expense for the three months ended September 30, 2024 totaled $8.1 million, a decrease of $154 thousand, or 1.9%, compared to the three months ended June 30, 2024. The Company’s effective tax rate was approximately 20.6% for the three months ended September 30, 2024. The decrease was primarily due a $941 thousand change in the Company’s valuation allowance slightly offset by a return to provision of $224 thousand and a net discrete tax expense of $501 thousand associated with the recognition of an excess tax expense realized on share-based payment awards.

    Dividend Information

    After the close of the market on Tuesday, October 22, 2024, Veritex’s Board of Directors declared a quarterly cash dividend of $0.20 per share on its outstanding shares of common stock. The dividend will be paid on or after November 22, 2024 to stockholders of record as of the close of business on November 8, 2024.

    Non-GAAP Financial Measures

    Veritex’s management uses certain non-GAAP (U.S. generally accepted accounting principles) financial measures to evaluate its operating performance and provide information that is important to investors. However, non-GAAP financial measures are supplemental and should be viewed in addition to, and not as an alternative for, Veritex’s reported results prepared in accordance with GAAP. Specifically, Veritex reviews and reports tangible book value per common share of the Company; operating earnings; tangible common equity to tangible assets; return on average tangible common equity; pre-tax, pre-provision operating earnings; pre-tax, pre-provision operating return on average assets; pre-tax, pre-provision operating return on average loans; diluted operating earnings per share; operating return on average assets; operating return on average tangible common equity; and operating efficiency ratio. Veritex has included in this earnings release information related to these non-GAAP financial measures for the applicable periods presented. Please refer to “Reconciliation of Non-GAAP Financial Measures” after the financial highlights at the end of this earnings release for a reconciliation of these non-GAAP financial measures.

    Conference Call

    The Company will host an investor conference call and webcast to review the results on Wednesday, October 23, 2024, at 8:30 a.m. Central Time. Participants may pre-register for the call by visiting http://edge.media-server.com/mmc/p/99msavdf and will receive a unique PIN, which can be used when dialing in for the call.

    Participants may also register via teleconference: https://register.vevent.com/register/BI8a41df4f3f824d2888f9cf9a3e02c9b8. Once registration is completed, participants will be provided with a dial-in number containing a personalized conference code to access the call. All participants are instructed to dial-in 15 minutes prior to the start time.

    A replay will be available within approximately two hours after the completion of the call, and made accessible for one week thereafter. You may access the replay via webcast through the investor relations section of Veritex’s website.

    About Veritex Holdings, Inc.

    Headquartered in Dallas, Texas, Veritex is a bank holding company that conducts banking activities through its wholly owned subsidiary, Veritex Community Bank, with locations throughout the Dallas-Fort Worth metroplex and in the Houston metropolitan area. Veritex Community Bank is a Texas state chartered bank regulated by the Texas Department of Banking and the Board of Governors of the Federal Reserve System. For more information, visit http://www.veritexbank.com.

    Forward-Looking Statements

    This earnings release includes “forward-looking statements”, within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on various facts and derived utilizing assumptions, current expectations, estimates and projections and are subject to known and unknown risks, uncertainties and other factors, which change over time and are beyond our control, that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements include, without limitation, statements relating to the expected payment of Veritex Holdings, Inc.’s (“Veritex”) quarterly cash dividend; the impact of certain changes in Veritex’s accounting policies, standards and interpretations; turmoil in the banking industry, responsive measures to mitigate and manage such turmoil and related supervisory and regulatory actions and costs; and Veritex’s future financial performance, business and growth strategy, projected plans and objectives, as well as other projections based on macroeconomic and industry trends, which are inherently unreliable due to the multiple factors that impact broader economic and industry trends, and any such variations may be material.   Statements preceded by, followed by or that otherwise include the words “believes,” “expects,” “anticipates,” “intends,” “projects,” “estimates,”   “seeks,” “targets,” “outlooks,” “plans” and similar expressions or future or conditional verbs such as “will,” “should,” “would,” “may” and “could” are generally forward-looking in nature and not historical facts, although not all forward-looking statements include the foregoing words. We refer you to the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of Veritex’s Annual Report on Form 10-K for the year ended December 31, 2023 and any updates to those risk factors set forth in Veritex’s Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and other filings with the Securities and Exchange Commission (“SEC”), which are available on the SEC’s website at http://www.sec.gov. If one or more events related to these or other risks or uncertainties materialize, or if Veritex’s underlying assumptions prove to be incorrect, actual results may differ materially from what Veritex anticipates. Accordingly, you should not place undue reliance on any such forward-looking statements. Any forward-looking statement speaks only as of the date on which it is made. Veritex does not undertake any obligation, and specifically declines any obligation, to supplement, update or revise any forward-looking statements, whether as a result of new information, future developments or otherwise, except as required by law. All forward-looking statements, expressed or implied, included in this earnings release are expressly qualified in their entirety by this cautionary statement. This cautionary statement should also be considered in connection with any subsequent written or oral forward-looking statements that Veritex or persons acting on Veritex’s behalf may issue.

    VERITEX HOLDINGS, INC. AND SUBSIDIARIES
    Financial Highlights
    (Unaudited)
     
        For the Quarter Ended   For the Nine Months Ended
        Sep 30, 2024   Jun 30, 2024   Mar 31, 2024   Dec 31, 2023   Sep 30, 2023   Sep 30, 2024   Sep 30, 2023
        (Dollars and shares in thousands, except per share data)
    Per Share Data (Common Stock):                            
    Basic EPS   $ 0.57     $ 0.50     $ 0.44     $ 0.06     $ 0.60     $ 1.51     $ 1.93  
    Diluted EPS     0.56       0.50       0.44       0.06       0.60       1.50       1.92  
    Book value per common share     29.53       28.49       28.23       28.18       27.46       29.53       27.46  
    Tangible book value per common share1     21.72       20.62       20.33       20.21       19.44       21.72       19.44  
    Dividends paid per common share outstanding2     0.20       0.20       0.20       0.20       0.20       0.60       0.60  
                                 
    Common Stock Data:                            
    Shares outstanding at period end     54,446       54,350       54,496       54,338       54,305       54,446       54,305  
    Weighted average basic shares outstanding for the period     54,409       54,457       54,444       54,327       54,300       54,437       54,233  
    Weighted average diluted shares outstanding for the period     54,932       54,823       54,842       54,691       54,597       54,866       54,563  
                                 
    Summary of Credit Ratios:                            
    ACL to total LHI     1.21 %     1.16 %     1.15 %     1.14 %     1.14 %     1.21 %     1.14 %
    NPAs to total assets     0.52       0.65       0.82       0.77       0.65       0.52       0.65  
    NPAs to total loans and OREO     0.70       0.85       1.06       0.99       0.83       0.70       0.83  
    Net charge-offs to average loans outstanding3     0.01       0.28       0.22       0.39       0.08       0.17       0.20  
                                 
    Summary Performance Ratios:                            
    Return on average assets3     0.96 %     0.87 %     0.79 %     0.11 %     1.06 %     0.87 %     1.14 %
    Return on average equity3     7.79       7.10       6.33       0.92       8.58       7.08       9.35  
    Return on average tangible common equity1,3      11.33       10.54       9.52       2.00       12.80       10.48       13.95  
    Efficiency ratio     61.94       59.11       62.45       77.49       54.49       61.15       50.88  
    Net interest margin     3.30       3.29       3.24       3.31       3.46       3.28       3.55  
                                 
    Selected Performance Metrics – Operating:                            
    Diluted operating EPS1   $ 0.59     $ 0.52     $ 0.53     $ 0.58     $ 0.60     $ 1.63     $ 2.02  
    Pre-tax, pre-provision operating return on average assets1,3     1.38 %     1.42 %     1.42 %     1.54 %     1.61 %     1.41 %     1.90 %
    Pre-tax, pre-provision operating return on average loans1,3     1.83       1.83       1.84       1.97       2.05       1.83       2.43  
    Operating return on average assets1,3     1.00       0.91       0.95       1.02       1.06       0.95       1.20  
    Operating return on average tangible common equity1,3     11.74       10.94       11.34       12.37       12.80       11.34       14.68  
    Operating efficiency ratio1     60.63       58.41       58.73       55.50       54.49       59.28       49.53  
                                 
    Veritex Holdings, Inc. Capital Ratios:                            
    Average stockholders’ equity to average total assets     12.31 %     12.26 %     12.43 %     12.27 %     12.30 %     12.33 %     12.21 %
    Tangible common equity to tangible assets1     9.37       9.14       9.02       9.18       8.86       9.37       8.86  
    Tier 1 capital to average assets (leverage)     10.06       10.06       10.12       10.03       10.10       10.06       10.10  
    Common equity tier 1 capital     10.86       10.49       10.37       10.29       10.11       10.86       10.11  
    Tier 1 capital to risk-weighted assets     11.13       10.75       10.63       10.56       10.37       11.13       10.37  
    Total capital to risk-weighted assets     13.91       13.45       13.33       13.18       12.95       13.91       12.95  
    Risk weighted assets   $ 11,290,800     $ 11,450,997     $ 11,407,446     $ 11,387,825     $ 11,617,229     $ 11,290,800     $ 11,617,229  

    1 Refer to the section titled “Reconciliation of Non-GAAP Financial Measures” after the financial highlights for a reconciliation of these non-GAAP financial measures to their most directly comparable GAAP measures.
    2 Dividend amount represents dividend paid per common share subsequent to each respective quarter end.
    Annualized ratio for quarterly metrics.

    VERITEX HOLDINGS, INC. AND SUBSIDIARIES
    Financial Highlights
    (In thousands)
     
        Sep 30, 2024   Jun 30, 2024   Mar 31, 2024   Dec 31, 2023   Sep 30, 2023
        (unaudited)   (unaudited)   (unaudited)       (unaudited)
    ASSETS                    
    Cash and cash equivalents   $ 1,100,790     $ 651,837     $ 740,769     $ 629,063     $ 713,408  
    Debt securities, net     1,423,610       1,349,354       1,344,930       1,257,042       1,060,629  
    Other investments     71,257       75,885       76,788       76,238       80,869  
                         
    Loans held for sale (“LHFS”)     48,496       57,046       64,762       79,072       41,313  
    LHI, mortgage warehouse (“MW”)     630,650       568,047       449,531       377,796       390,767  
    LHI, excluding MW     9,028,575       9,209,094       9,249,551       9,206,544       9,237,447  
    Total loans     9,707,721       9,834,187       9,763,844       9,663,412       9,669,527  
    ACL     (117,162 )     (113,431 )     (112,032 )     (109,816 )     (109,831 )
    Bank-owned life insurance     84,776       84,233       85,359       84,833       84,867  
    Bank premises, furniture and equipment, net     114,202       105,222       105,299       105,727       106,118  
    Other real estate owned (“OREO”)     9,034       24,256       18,445              
    Intangible assets, net of accumulated amortization     32,825       35,817       38,679       41,753       44,294  
    Goodwill     404,452       404,452       404,452       404,452       404,452  
    Other assets     211,471       232,518       241,863       241,633       291,998  
    Total assets   $ 13,042,976     $ 12,684,330     $ 12,708,396     $ 12,394,337     $ 12,346,331  
    LIABILITIES AND STOCKHOLDERS’ EQUITY                    
    Deposits:                    
    Noninterest-bearing deposits   $ 2,643,894     $ 2,416,727     $ 2,349,211     $ 2,218,036     $ 2,363,340  
    Interest-bearing transaction and savings deposits     4,204,708       3,979,454       4,220,114       4,348,385       3,936,070  
    Certificates and other time deposits     3,625,920       3,744,596       3,486,805       3,191,737       3,403,427  
    Correspondent money market deposits     561,489       584,067       597,690       580,037       493,681  
    Total deposits     11,036,011       10,724,844       10,653,820       10,338,195       10,196,518  
    Accounts payable and other liabilities     168,415       180,585       186,027       195,036       229,116  
    Advances from FHLB                 100,000       100,000       200,000  
    Subordinated debentures and subordinated notes     230,536       230,285       230,034       229,783       229,531  
    Total liabilities     11,434,962       11,135,714       11,169,881       10,863,014       10,855,165  
    Commitments and contingencies                    
    Stockholders’ equity:                    
    Common stock     613       612       611       610       609  
    Additional paid-in capital     1,324,929       1,321,995       1,319,144       1,317,516       1,314,459  
    Retained earnings     493,921       473,801       457,499       444,242       451,513  
    Accumulated other comprehensive loss     (40,330 )     (76,713 )     (71,157 )     (63,463 )     (107,833 )
    Treasury stock     (171,119 )     (171,079 )     (167,582 )     (167,582 )     (167,582 )
    Total stockholders’ equity     1,608,014       1,548,616       1,538,515       1,531,323       1,491,166  
    Total liabilities and stockholders’ equity   $ 13,042,976     $ 12,684,330     $ 12,708,396     $ 12,394,337     $ 12,346,331  
                                             
    VERITEX HOLDINGS, INC. AND SUBSIDIARIES
    Financial Highlights
    (In thousands, except per share data)
     
        For the Quarter Ended   For the Nine Months Ended
        Sep 30, 2024   Jun 30, 2024   Mar 31, 2024   Dec 31, 2023   Sep 30, 2023   Sep 30, 2024   Sep 30, 2023
        (unaudited)   (unaudited)   (unaudited)   (unaudited)   (unaudited)   (unaudited)   (unaudited)
    Interest income:                            
    Loans, including fees   $ 167,261   $ 166,979   $ 161,942     $ 165,443     $ 167,368     $ 496,182     $ 482,802  
    Debt securities     15,830     15,408     13,695       12,282       10,928       44,933       32,082  
    Deposits in financial institutions and Fed Funds sold     12,571     7,722     8,050       8,162       7,128       28,343       20,169  
    Equity securities and other investments     1,001     1,138     900       1,717       1,691       3,039       4,217  
    Total interest income     196,663     191,247     184,587       187,604       187,115       572,497       539,270  
    Interest expense:                            
    Transaction and savings deposits     47,208     45,619     46,784       46,225       39,936       139,611       102,750  
    Certificates and other time deposits     46,230     44,811     40,492       40,165       36,177       131,533       85,244  
    Advances from FHLB     47     1,468     1,391       2,581       8,523       2,906       38,443  
    Subordinated debentures and subordinated notes     3,116     3,113     3,114       3,100       3,118       9,343       9,252  
    Total interest expense     96,601     95,011     91,781       92,071       87,754       283,393       235,689  
    Net interest income     100,062     96,236     92,806       95,533       99,361       289,104       303,581  
    Provision for credit losses     4,000     8,250     7,500       9,500       8,627       19,750       33,012  
    (Benefit) provision for unfunded commitments             (1,541 )     (1,500 )     (909 )     (1,541 )     (541 )
    Net interest income after provisions     96,062     87,986     86,847       87,533       91,643       270,895       271,110  
    Noninterest income:                            
    Service charges and fees on deposit accounts     5,442     4,974     4,896       4,800       5,159       15,312       15,448  
    Loan fees     3,278     2,207     2,510       1,200       1,564       7,995       5,148  
    Loss on sales of debt securities             (6,304 )                 (6,304 )     (5,321 )
    Government guaranteed loan income, net     780     1,320     2,614       4,378       1,772       4,714       15,604  
    Equity method investment (loss) income                   (29,417 )     (136 )           (1,172 )
    Customer swap income     271     326     449       258       202       1,046       1,380  
    Other income     3,335     1,751     2,497       989       1,113       7,583       5,810  
    Total noninterest income (loss)     13,106     10,578     6,662       (17,792 )     9,674       30,346       36,897  
    Noninterest expense:                            
    Salaries and employee benefits     37,370     32,790     33,365       30,606       30,949       103,525       91,464  
    Occupancy and equipment     4,789     4,585     4,677       4,670       4,881       14,051       14,681  
    Professional and regulatory fees     4,903     5,617     6,053       7,626       7,283       16,573       18,540  
    Data processing and software expense     5,268     5,097     4,856       4,569       4,541       15,221       13,970  
    Marketing     2,781     1,976     1,546       1,945       2,353       6,303       6,759  
    Amortization of intangibles     2,438     2,438     2,438       2,438       2,438       7,314       7,401  
    Telephone and communications     335     365     261       356       362       961       1,195  
    Other     12,216     10,273     8,920       8,028       6,607       31,409       19,216  
    Total noninterest expense     70,100     63,141     62,116       60,238       59,414       195,357       173,226  
    Income before income tax expense     39,068     35,423     31,393       9,503       41,903       105,884       134,781  
    Income tax expense     8,067     8,221     7,237       6,004       9,282       23,525       30,019  
    Net income   $ 31,001   $ 27,202   $ 24,156     $ 3,499     $ 32,621     $ 82,359     $ 104,762  
                                 
    Basic EPS   $ 0.57   $ 0.50   $ 0.44     $ 0.06     $ 0.60     $ 1.51     $ 1.93  
    Diluted EPS   $ 0.56   $ 0.50   $ 0.44     $ 0.06     $ 0.60     $ 1.50     $ 1.92  
    Weighted average basic shares outstanding     54,409     54,457     54,444       54,327       54,300       54,437       54,233  
    Weighted average diluted shares outstanding     54,932     54,823     54,842       54,691       54,597       54,866       54,563  
                                                         
    VERITEX HOLDINGS, INC. AND SUBSIDIARIES
    Financial Highlights
    (Unaudited)
     
        For the Quarter Ended
        September 30, 2024   June 30, 2024   September 30, 2023
        Average
    Outstanding
    Balance
      Interest
    Earned/
    Interest
    Paid
      Average
    Yield/
    Rate
      Average
    Outstanding
    Balance
      Interest
    Earned/
    Interest
    Paid
      Average
    Yield/
    Rate
      Average
    Outstanding
    Balance
      Interest
    Earned/
    Interest
    Paid
      Average
    Yield/
    Rate
        (Dollars in thousands)
    Assets                                    
    Interest-earning assets:                                    
    Loans1   $ 9,184,182     $ 159,163   6.89 %   $ 9,344,482     $ 160,323   6.90 %   $ 9,267,366     $ 161,615   6.92 %
    LHI, MW     477,592       8,098   6.75       420,946       6,656   6.36       357,639       5,753   6.38  
    Debt securities     1,384,835       15,830   4.55       1,352,293       15,408   4.58       1,121,716       10,928   3.87  
    Interest-bearing deposits in other banks     924,685       12,571   5.41       560,586       7,722   5.54       520,785       7,128   5.43  
    Equity securities and other investments     75,884       1,001   5.25       78,964       1,138   5.80       135,714       1,691   4.94  
    Total interest-earning assets     12,047,178       196,663   6.49       11,757,271       191,247   6.54       11,403,220       187,115   6.51  
    ACL     (115,510 )             (115,978 )             (105,320 )        
    Noninterest-earning assets     930,250               937,413               961,162          
    Total assets   $ 12,861,918             $ 12,578,706             $ 12,259,062          
                                         
    Liabilities and Stockholders’ Equity                                    
    Interest-bearing liabilities:                                    
    Interest-bearing demand and savings deposits   $ 4,700,196     $ 47,208   4.00 %   $ 4,570,329     $ 45,619   4.01 %   $ 4,168,876     $ 39,936   3.80 %
    Certificates and other time deposits     3,678,718       46,230   5.00       3,591,035       44,811   5.02       3,151,704       36,177   4.55  
    Advances from FHLB and Other     3,261       47   5.73       106,648       1,468   5.54       725,543       8,523   4.66  
    Subordinated debentures and subordinated notes     230,393       3,116   5.38       230,141       3,113   5.44       229,389       3,118   5.39  
    Total interest-bearing liabilities     8,612,568       96,601   4.46       8,498,153       95,011   4.50       8,275,512       87,754   4.21  
                                         
    Noninterest-bearing liabilities:                                    
    Noninterest-bearing deposits     2,486,676               2,346,908               2,272,207          
    Other liabilities     179,273               192,036               203,173          
    Total liabilities     11,278,517               11,037,097               10,750,892          
    Stockholders’ equity     1,583,401               1,541,609               1,508,170          
    Total liabilities and stockholders’ equity   $ 12,861,918             $ 12,578,706             $ 12,259,062          
                                         
    Net interest rate spread2           2.03 %           2.04 %           2.30 %
    Net interest income and margin3       $ 100,062   3.30 %       $ 96,236   3.29 %       $ 99,361   3.46 %
                                                     

    1 Includes average outstanding balances of LHFS of $54.3 million, $58.5 million and $28.3 million for the quarters ended September 30, 2024, June 30, 2024, and September 30, 2023, respectively, and average balances of LHI, excluding MW.
    2 Net interest rate spread is the average yield on interest-earning assets minus the average rate on interest-bearing liabilities.
    3 Net interest margin is equal to net interest income divided by average interest-earning assets.

    VERITEX HOLDINGS, INC. AND SUBSIDIARIES
    Financial Highlights
    (In thousands, except percentages)
     
        For the Nine Months Ended
        September 30, 2024   September 30, 2023
        Average Outstanding Balance   Interest Earned/ Interest Paid   Average Yield/ Rate   Average Outstanding Balance   Interest Earned/ Interest Paid   Average Yield/ Rate
    Assets                        
    Interest-earning assets:                        
    Loans1   $ 9,270,510     $ 477,071   6.87 %   $ 9,231,814     $ 467,101   6.76 %
    LHI, MW     393,008       19,111   6.50       363,182       15,701   5.78  
    Debt securities     1,344,190       44,933   4.47       1,168,860       32,082   3.67  
    Interest-bearing deposits in other banks     692,434       28,343   5.47       527,805       20,169   5.11  
    Equity securities and other investments     77,035       3,039   5.27       132,895       4,217   4.24  
    Total interest-earning assets     11,777,177       572,497   6.49       11,424,556       539,270   6.31  
    ACL     (114,576 )             (100,228 )        
    Noninterest-earning assets     930,605               950,369          
    Total assets   $ 12,593,206             $ 12,274,697          
                             
    Liabilities and Stockholders’ Equity                        
    Interest-bearing liabilities:                        
    Interest-bearing demand and savings deposits   $ 4,636,889     $ 139,611   4.02 %   $ 4,079,436     $ 102,750   3.37 %
    Certificates and other time deposits     3,518,417       131,533   4.99       2,873,388       85,244   3.97  
    Advances from FHLB and Other     70,055       2,906   5.54       1,105,592       38,443   4.65  
    Subordinated debentures and subordinated notes     230,139       9,343   5.42       229,923       9,252   5.38  
    Total interest-bearing liabilities     8,455,500       283,393   4.48       8,288,339       235,689   3.80  
                             
    Noninterest-bearing liabilities:                        
    Noninterest-bearing deposits     2,396,629               2,305,745          
    Other liabilities     188,007               182,040          
    Total liabilities     11,040,136               10,776,124          
    Stockholders’ equity     1,553,070               1,498,573          
    Total liabilities and stockholders’ equity   $ 12,593,206             $ 12,274,697          
                             
    Net interest rate spread2           2.01 %           2.51 %
    Net interest income and margin3       $ 289,104   3.28 %       $ 303,581   3.55 %

    1 Includes average outstanding balances of LHFS of $55.5 million and $23.8 million for the nine months ended September 30, 2024 and 2023, respectively, and average balances of LHI, excluding MW.
    2 Net interest rate spread is the average yield on interest-earning assets minus the average rate on interest-bearing liabilities.
    3 Net interest margin is equal to net interest income divided by average interest-earning assets.

    VERITEX HOLDINGS, INC. AND SUBSIDIARIES
    Financial Highlights
    (Unaudited)
    Yield Trend
     
        For the Quarter Ended
        Sep 30,
    2024
      Jun 30,
    2024
      Mar 31,
    2024
      Dec 31,
    2023
      Sep 30,
    2023
    Average yield on interest-earning assets:                    
    Loans1     6.89 %     6.90 %     6.83 %     6.88 %     6.92 %
    LHI, MW     6.75       6.36       6.27       5.82       6.38  
    Total Loans     6.89       6.88       6.81       6.85       6.90  
    Debt securities     4.55       4.58       4.25       4.10       3.87  
    Interest-bearing deposits in other banks     5.41       5.54       5.54       5.51       5.43  
    Equity securities and other investments     5.25       5.80       4.75       8.28       4.94  
    Total interest-earning assets     6.49 %     6.54 %     6.44 %     6.51 %     6.51 %
                         
    Average rate on interest-bearing liabilities:                    
    Interest-bearing demand and savings deposits     4.00 %     4.01 %     4.06 %     4.03 %     3.80 %
    Certificates and other time deposits     5.00       5.02       4.96       4.85       4.55  
    Advances from FHLB     5.73       5.54       5.54       5.60       4.66  
    Subordinated debentures and subordinated notes     5.38       5.44       5.45       5.36       5.39  
    Total interest-bearing liabilities     4.46 %     4.50 %     4.47 %     4.43 %     4.21 %
                         
    Net interest rate spread2     2.03 %     2.04 %     1.97 %     2.08 %     2.30 %
    Net interest margin3     3.30 %     3.29 %     3.24 %     3.31 %     3.46 %
                                             

    1Includes average outstanding balances of LHFS of $54.3 million, $58.5 million, $53.9 million, $31.2 million and $28.3 million for the three months ended September 30, 2024, June 30, 2024, March 31, 2024, December 31, 2023, and September 30, 2023, respectively, and average balances of LHI, excluding MW.
    2 Net interest rate spread is the average yield on interest-earning assets minus the average rate on interest-bearing liabilities.
    3 Net interest margin is equal to net interest income divided by average interest-earning assets.

    Supplemental Yield Trend

        For the Quarter Ended   For the Nine Months Ended
        Sep 30,
    2024
      Jun 30,
    2024
      Mar 31,
    2024
      Dec 31,
    2023
      Sep 30,
    2023
      Sep 30,
    2024
      Sep 30,
    2023
    Average cost of interest-bearing deposits   4.44 %   4.46 %   4.43 %   4.38 %   4.12 %   4.44 %   3.62 %
    Average costs of total deposits, including noninterest-bearing   3.42     3.46     3.42     3.37     3.15     3.43     2.03  
                                               
    VERITEX HOLDINGS, INC. AND SUBSIDIARIES
    Financial Highlights
    (Unaudited)
     
    LHI and Deposit Portfolio Composition
     
        Sep 30,
    2024
      Jun 30,
    2024
      Mar 31,
    2024
      Dec 31,
    2023
      Sep 30,
    2023
        (Dollars in thousands)
    LHI1                                        
    Commercial and Industrial (“C&I”)   $ 2,728,544     30.2 %   $ 2,798,260     30.4 %   $ 2,785,987     30.1 %   $ 2,752,063     29.9 %   $ 2,841,024     30.7 %
    Real Estate:                                        
    Owner occupied commercial (“OOCRE”)     807,223     8.9       806,285     8.7       788,376     8.5       794,088     8.6       697,299     7.5  
    Non-owner occupied commercial (“NOOCRE”)     2,338,094     25.9       2,369,848     25.7       2,352,993     25.5       2,350,725     25.5       2,398,060     26.1  
    Construction and land     1,436,540     15.8       1,536,580     16.7       1,568,257     16.9       1,734,254     18.8       1,705,053     18.4  
    Farmland     32,254     0.4       30,512     0.3       30,979     0.3       31,114     0.3       59,684     0.6  
    1-4 family residential     944,755     10.5       917,402     10.0       969,401     10.5       937,119     10.2       933,225     10.1  
    Multi-family residential     738,090     8.2       748,740     8.1       751,607     8.1       605,817     6.6       603,395     6.5  
    Consumer     11,292     0.1       9,245     0.1       8,882     0.1       10,149     0.1       9,845     0.1  
    Total LHI   $ 9,036,792     100 %   $ 9,216,872     100 %   $ 9,256,482     100 %   $ 9,215,329     100 %   $ 9,247,585     100 %
                                             
    MW     630,650           568,047           449,531           377,796           390,767      
                                             
    Total LHI1   $ 9,667,442         $ 9,784,919         $ 9,706,013         $ 9,593,125         $ 9,638,352      
                                             
    Total LHFS     48,496           57,046           64,762           79,072           41,313      
                                             
    Total Loans   $ 9,715,938         $ 9,841,965         $ 9,770,775         $ 9,672,197         $ 9,679,665      
                                             
    Deposits                                        
    Noninterest-bearing   $ 2,643,894     24.0 %   $ 2,416,727     22.5 %   $ 2,349,211     22.1 %   $ 2,218,036     21.5 %   $ 2,363,340     23.2 %
    Interest-bearing transaction     421,059     3.8       523,272     4.9       724,171     6.8       927,193     8.9       739,098     7.2  
    Money market     3,462,709     31.4       3,268,286     30.5       3,326,742     31.2       3,284,324     31.8       3,096,498     30.4  
    Savings     320,940     2.9       187,896     1.8       169,201     1.6       136,868     1.3       100,474     1.0  
    Certificates and other time deposits     3,625,920     32.8       3,744,596     34.9       3,486,805     32.7       3,191,737     30.9       3,403,427     33.4  
    Correspondent money market accounts     561,489     5.1       584,067     5.4       597,690     5.6       580,037     5.6       493,681     4.8  
    Total deposits   $ 11,036,011     100 %   $ 10,724,844     100 %   $ 10,653,820     100 %   $ 10,338,195     100 %   $ 10,196,518     100 %
                                             
    Total Loans to Deposits Ratio     88.0 %         91.8 %         91.7 %         93.6 %         94.9 %    
                                             
    Total Loans to Deposit Ratio, excluding MW loans and LHFS     81.9 %         85.9 %         86.9 %         89.1 %         90.7 %    
                                                                 

    1 Total LHI does not include deferred fees of $8.2 million, $7.8 million, $6.9 million, $8.8 million and $10.1 million at September 30, 2024, June 30, 2024, March 31, 2024, December 31, 2023 and September 30, 2023, respectively.

    VERITEX HOLDINGS, INC. AND SUBSIDIARIES
    Financial Highlights
    (Unaudited)
    Asset Quality
     
      For the Quarter Ended   For the Nine Months Ended
      Sep 30, 2024   Jun 30, 2024   Mar 31, 2024   Dec 31, 2023   Sep 30, 2023   Sep 30, 2024   Sep 30, 2023
      (Dollars in thousands)        
    NPAs:                          
    Nonaccrual loans $ 55,335     $ 58,537     $ 75,721     $ 79,133     $ 65,676     $ 55,335     $ 65,676  
    Nonaccrual PCD loans1   70       73       9,419       13,715       13,718       70       13,718  
    Accruing loans 90 or more days past due2   2,860       143       220       2,975       474       2,860       474  
    Total nonperforming loans held for investment (“NPLs”)   58,265       58,753       85,360       95,823       79,868       58,265       79,868  
    Other real estate owned   9,034       24,256       18,445                   9,034        
    Total NPAs $ 67,299     $ 83,009     $ 103,805     $ 95,823     $ 79,868     $ 67,299     $ 79,868  
                               
    Charge-offs:                          
    1-4 family residential $     $ (31 )   $     $ (21 )   $     $ (31 )   $  
    Multifamily         (198 )           (192 )           (198 )      
    OOCRE               (120 )     (364 )     (375 )     (120 )     (491 )
    NOOCRE         (1,969 )     (4,293 )     (5,434 )           (6,262 )     (8,215 )
    C&I   (2,259 )     (5,601 )     (946 )     (3,893 )     (1,929 )     (8,806 )     (6,520 )
    Consumer   (54 )     (30 )     (71 )     (33 )     (49 )     (155 )     (203 )
    Total charge-offs $ (2,313 )   $ (7,829 )   $ (5,430 )   $ (9,937 )   $ (2,353 )   $ (15,572 )   $ (15,429 )
                               
    Recoveries:                          
    1-4 family residential $ 3     $     $ 1     $ 1     $     $ 4     $ 2  
    OOCRE         120                         120        
    NOOCRE                           200             350  
    C&I   1,962       361       96       387       308       2,419       778  
    Mortgage Warehouse   46                               46        
    Consumer   33       497       49       34       14       579       66  
    Total recoveries $ 2,044     $ 978     $ 146     $ 422     $ 522     $ 3,168     $ 1,196  
                               
    Net charge-offs $ (269 )   $ (6,851 )   $ (5,284 )   $ (9,515 )   $ (1,831 )   $ (12,404 )   $ (14,233 )
                               
    Provision for credit losses $ 4,000     $ 8,250     $ 7,500     $ 9,500     $ 8,627     $ 19,750     $ 33,012  
                               
    ACL $ 117,162     $ 113,431     $ 112,032     $ 109,816     $ 109,831     $ 117,162     $ 109,831  
                               
    Asset Quality Ratios:                          
    NPAs to total assets   0.52 %     0.65 %     0.82 %     0.77 %     0.65 %     0.52 %     0.65 %
    NPAs, excluding nonaccrual PCD loans, to total assets   0.52       0.65       0.74       0.66       0.44       0.52       0.54  
    NPAs to total loans and OREO   0.70       0.85       1.06       0.99       0.83       0.70       0.83  
    NPLs to total LHI   0.60       0.60       0.88       1.00       0.83       0.60       0.83  
    NPLs, excluding nonaccrual PCD loans, to total LHI   0.60       0.60       0.78       0.86       0.69       0.60       0.69  
    ACL to total LHI   1.21       1.16       1.15       1.14       1.14       1.21       1.14  
    ACL to total loans, excluding MW and LHFS   1.30       1.23       1.21       1.19       1.19       1.30       1.19  
    Net charge-offs to average loans outstanding3   0.01       0.28       0.22       0.39       0.08       0.17       0.20  

    1 Nonaccrual PCD loans consist of PCD loans that transitioned upon adoption of ASC 326 Financial Instruments – Credit Losses and were accounted for on a pooled basis that have subsequently been placed on nonaccrual status.
    2 Accruing loans greater than 90 days past due exclude purchase credit deteriorated loans greater than 90 days past due that are accounted for on a pooled basis.
    3 Annualized ratio for quarterly metrics.

    VERITEX HOLDINGS, INC. AND SUBSIDIARIES
    Reconciliation of Non-GAAP Financial Measures
    (Unaudited)
     

    We identify certain financial measures discussed in this earnings release as being “non-GAAP financial measures.” In accordance with SEC rules, we classify a financial measure as being a non-GAAP financial measure if that financial measure excludes or includes amounts, or is subject to adjustments that have the effect of excluding or including amounts, that are included or excluded, as the case may be, in the most directly comparable measure calculated and presented in accordance with GAAP, in our statements of income, balance sheets or statements of cash flows. Non-GAAP financial measures do not include operating and other statistical measures or ratios calculated using exclusively either one or both of (i) financial measures calculated in accordance with GAAP and (ii) operating measures or other measures that are not non-GAAP financial measures.

    The non-GAAP financial measures that we present in this earnings release should not be considered in isolation or as a substitute for the most directly comparable or other financial measures calculated in accordance with GAAP. Moreover, the manner in which we calculate the non-GAAP financial measures that we present in this earnings release may differ from that of other companies reporting measures with similar names. You should understand how such other financial institutions calculate their financial measures that appear to be similar or have similar names to the non-GAAP financial measures we have discussed in this earnings release when comparing such non-GAAP financial measures.

    Tangible Book Value Per Common Share. Tangible book value is a non-GAAP measure generally used by financial analysts and investment bankers to evaluate financial institutions. We calculate: (a) tangible common equity as total stockholders’ equity less goodwill and core deposit intangibles, net of accumulated amortization; and (b) tangible book value per common share as tangible common equity (as described in clause (a)) divided by number of common shares outstanding. For tangible book value per common share, the most directly comparable financial measure calculated in accordance with GAAP is book value per common share.

    We believe that this measure is important to many investors in the marketplace who are interested in changes from period to period in book value per common share exclusive of changes in core deposit intangibles. Goodwill and other intangible assets have the effect of increasing total book value while not increasing our tangible book value.

    The following table reconciles, as of the dates set forth below, total stockholders’ equity to tangible common equity and presents our tangible book value per common share compared with our book value per common share:

        As of
        Sep 30, 2024   Jun 30, 2024   Mar 31, 2024   Dec 31, 2023   Sep 30, 2023
        (Dollars in thousands, except per share data)
    Tangible Common Equity                    
    Total stockholders’ equity   $ 1,608,014     $ 1,548,616     $ 1,538,515     $ 1,531,323     $ 1,491,166  
    Adjustments:                    
    Goodwill     (404,452 )     (404,452 )     (404,452 )     (404,452 )     (404,452 )
    Core deposit intangibles     (21,182 )     (23,619 )     (26,057 )     (28,495 )     (30,933 )
    Tangible common equity   $ 1,182,380     $ 1,120,545     $ 1,108,006     $ 1,098,376     $ 1,055,781  
    Common shares outstanding     54,446       54,350       54,496       54,338       54,305  
                         
    Book value per common share   $ 29.53     $ 28.49     $ 28.23     $ 28.18     $ 27.46  
    Tangible book value per common share   $ 21.72     $ 20.62     $ 20.33     $ 20.21     $ 19.44  
                                             

    Tangible Common Equity to Tangible Assets. Tangible common equity to tangible assets is a non-GAAP measure generally used by financial analysts and investment bankers to evaluate financial institutions. We calculate: (a) tangible common equity as total stockholders’ equity, less goodwill and core deposit intangibles, net of accumulated amortization; (b) tangible assets as total assets less goodwill and core deposit intangibles, net of accumulated amortization; and (c) tangible common equity to tangible assets as tangible common equity (as described in clause (a)) divided by tangible assets (as described in clause (b)). For tangible common equity to tangible assets, the most directly comparable financial measure calculated in accordance with GAAP is total stockholders’ equity to total assets.

    We believe that this measure is important to many investors in the marketplace who are interested in the relative changes from period to period in common equity and total assets, in each case, exclusive of changes in core deposit intangibles. Goodwill and other intangible assets have the effect of increasing both total stockholders’ equity and assets while not increasing our tangible common equity or tangible assets.

    The following table reconciles, as of the dates set forth below, total stockholders’ equity to tangible common equity and total assets to tangible assets and presents our tangible common equity to tangible assets:

        As of
        Sep 30, 2024   Jun 30, 2024   Mar 31, 2024   Dec 31, 2023   Sep 30, 2023
        (Dollars in thousands)
    Tangible Common Equity                    
    Total stockholders’ equity   $ 1,608,014     $ 1,548,616     $ 1,538,515     $ 1,531,323     $ 1,491,166  
    Adjustments:                    
    Goodwill     (404,452 )     (404,452 )     (404,452 )     (404,452 )     (404,452 )
    Core deposit intangibles     (21,182 )     (23,619 )     (26,057 )     (28,495 )     (30,933 )
    Tangible common equity   $ 1,182,380     $ 1,120,545     $ 1,108,006     $ 1,098,376     $ 1,055,781  
    Tangible Assets                    
    Total assets   $ 13,042,976     $ 12,684,330     $ 12,708,396     $ 12,394,337     $ 12,346,331  
    Adjustments:                    
    Goodwill     (404,452 )     (404,452 )     (404,452 )     (404,452 )     (404,452 )
    Core deposit intangibles     (21,182 )     (23,619 )     (26,057 )     (28,495 )     (30,933 )
    Tangible Assets   $ 12,617,342     $ 12,256,259     $ 12,277,887     $ 11,961,390     $ 11,910,946  
    Tangible Common Equity to Tangible Assets     9.37 %     9.14 %     9.02 %     9.18 %     8.86 %
                                             

    Return on Average Tangible Common Equity. Return on average tangible common equity is a non-GAAP measure generally used by financial analysts and investment bankers to evaluate financial institutions. We calculate: (a) net income available for common stockholders adjusted for amortization of core deposit intangibles (which we refer to as “return”) as net income, plus amortization of core deposit intangibles, less tax benefit at the statutory rate; (b) average tangible common equity as total average stockholders’ equity less average goodwill and average core deposit intangibles, net of accumulated amortization; and (c) return (as described in clause (a)) divided by average tangible common equity (as described in clause (b)). For return on average tangible common equity, the most directly comparable financial measure calculated in accordance with GAAP is return on average equity.

    We believe that this measure is important to many investors in the marketplace who are interested in the return on common equity, exclusive of the impact of core deposit intangibles. Goodwill and core deposit intangibles have the effect of increasing total stockholders’ equity while not increasing our tangible common equity. This measure is particularly relevant to acquisitive institutions that may have higher balances in goodwill and core deposit intangibles than non-acquisitive institutions.

    The following table reconciles, as of the dates set forth below, average tangible common equity to average common equity and net income available for common stockholders adjusted for amortization of core deposit intangibles, net of taxes to net income and presents our return on average tangible common equity:

        For the Quarter Ended   For the Nine Months Ended
        Sep 30, 2024   Jun 30, 2024   Mar 31, 2024   Dec 31, 2023   Sep 30, 2023   Sep 30, 2024   Sep 30, 2023
        (Dollars in thousands)
    Net income available for common stockholders adjusted for amortization of core deposit intangibles                            
    Net income   $ 31,001     $ 27,202     $ 24,156     $ 3,499     $ 32,621     $ 82,359     $ 104,762  
    Adjustments:                            
    Plus: Amortization of core deposit intangibles     2,438       2,438       2,438       2,438       2,438       7,314       7,314  
    Less: Tax benefit at the statutory rate     512       512       512       512       512       1,536       1,536  
    Net income available for common stockholders adjusted for amortization of core deposit intangibles   $ 32,927     $ 29,128     $ 26,082     $ 5,425     $ 34,547     $ 88,137     $ 110,540  
                                 
    Average Tangible Common Equity                            
    Total average stockholders’ equity   $ 1,583,401     $ 1,541,609     $ 1,533,868     $ 1,510,286     $ 1,508,170     $ 1,553,070     $ 1,498,573  
    Adjustments:                            
    Average goodwill     (404,452 )     (404,452 )     (404,452 )     (404,452 )     (404,452 )     (404,452 )     (404,452 )
    Average core deposit intangibles     (22,789 )     (25,218 )     (27,656 )     (30,093 )     (32,540 )     (25,212 )     (34,939 )
    Average tangible common equity   $ 1,156,160     $ 1,111,939     $ 1,101,760     $ 1,075,741     $ 1,071,178     $ 1,123,406     $ 1,059,182  
    Return on Average Tangible Common Equity (Annualized)     11.33 %     10.54 %     9.52 %     2.00 %     12.80 %     10.48 %     13.95 %
                                                             

    Operating Earnings, Pre-tax, Pre-provision Operating Earnings and performance metrics calculated using Operating Earnings and Pre-tax, Pre-provision Operating Earnings, including Diluted Operating Earnings per Share, Operating Return on Average Assets, Pre-tax, Pre-Provision Operating Return on Average Assets, Pre-tax, Pre-Provision Operating Return on Average Loans, Operating Return on Average Tangible Common Equity and Operating Efficiency Ratio. Operating earnings, pre-tax, pre-provision operating earnings and the performance metrics calculated using these metrics, listed below, are non-GAAP measures used by management to evaluate the Company’s financial performance. We calculate (a) operating earnings as net income plus severance payments, plus loss on sale of debt securities AFS, net, plus M&A expenses less tax impact of adjustments, plus nonrecurring tax adjustments. We calculate (b) diluted operating earnings per share as operating earnings as described in clause (a) divided by weighted average diluted shares outstanding. We calculate (c) pre-tax, pre-provision operating earnings as operating earnings as described in clause (a) plus provision for income taxes, plus provision (benefit) for credit losses and unfunded commitments. We calculate (d) pre-tax, pre-provision operating return on average assets as pre-tax, pre-provision operating earnings as described in clause (a) divided by total average assets. We calculate (e) operating return on average assets as operating earnings as described in clause (a) divided by total average assets. We calculate (f) operating return on average tangible common equity as operating earnings as described in clause (a), adjusted for the amortization of intangibles and tax benefit at the statutory rate, divided by total average tangible common equity (average stockholders’ equity less average goodwill and average core deposit intangibles, net of accumulated amortization). We calculate (g) operating efficiency ratio as noninterest expense plus adjustments to operating noninterest expense divided by noninterest income plus adjustments to operating noninterest income, plus net interest income.

    We believe that these measures and the operating metrics calculated utilizing these measures are important to management and many investors in the marketplace who are interested in understanding the ongoing operating performance of the Company and provide meaningful comparisons to its peers.

    The following tables reconcile, as of the dates set forth below, operating net income and pre-tax, pre-provision operating earnings and related metrics:

        For the Quarter Ended   For the Nine Months Ended
        Sep 30, 2024   Jun 30, 2024   Mar 31, 2024   Dec 31, 2023   Sep 30, 2023   Sep 30, 2024   Sep 30, 2023
        (Dollars in thousands, except per share data)
    Operating Earnings                            
    Net income   $ 31,001     $ 27,202     $ 24,156     $ 3,499     $ 32,621     $ 82,359     $ 104,762  
    Plus: Severance payments1     1,487       613                         2,100       1,950  
    Plus: Loss on sale of AFS securities, net                 6,304                   6,304       5,321  
    Plus: Equity method investment write-down                       29,417                    
    Plus: FDIC special assessment           134             768             134        
    Operating pre-tax income     32,488       27,949       30,460       33,684       32,621       90,897       112,033  
    Less: Tax impact of adjustments     307       166       1,323       2,059             1,796       1,544  
    Plus: Nonrecurring tax adjustments           527                         527        
    Operating earnings   $ 32,181     $ 28,310     $ 29,137     $ 31,625     $ 32,621     $ 89,628     $ 110,489  
                                 
    Weighted average diluted shares outstanding     54,932       54,823       54,842       54,691       54,597       54,866       54,563  
    Diluted EPS   $ 0.56     $ 0.50     $ 0.44     $ 0.06     $ 0.60     $ 1.50     $ 1.92  
    Diluted operating EPS   $ 0.59     $ 0.52     $ 0.53     $ 0.58     $ 0.60     $ 1.63     $ 2.02  

    1 Severance payments relate to certain restructurings made during the periods disclosed.

        For the Quarter Ended   For the Nine Months Ended
        Sep 30, 2024   Jun 30, 2024   Mar 31, 2024   Dec 31, 2023   Sep 30, 2023   Sep 30, 2024   Sep 30, 2023
        (Dollars in thousands)
    Pre-Tax, Pre-Provision Operating Earnings                            
    Net income   $ 31,001     $ 27,202     $ 24,156     $ 3,499     $ 32,621     $ 82,359     $ 104,762  
    Plus: Provision for income taxes     8,067       8,221       7,237       6,004       9,282       23,525       30,019  
    Plus: Provision for credit losses and unfunded commitments     4,000       8,250       5,959       8,000       7,718       18,209       32,471  
    Plus: Severance payments     1,487       613                         2,100       1,950  
    Plus: Loss on sale of AFS securities, net                 6,304                   6,304       5,321  
    Plus: Equity method investment write-down                       29,417                    
    Plus: FDIC special assessment           134             768             134        
    Pre-tax, pre-provision operating earnings   $ 44,555     $ 44,420     $ 43,656     $ 47,688     $ 49,621     $ 132,631     $ 174,523  
                                 
    Average total assets   $ 12,861,918     $ 12,578,706     $ 12,336,042     $ 12,306,634     $ 12,259,062     $ 12,593,206     $ 12,274,697  
    Pre-tax, pre-provision operating return on average assets1     1.38 %     1.42 %     1.42 %     1.54 %     1.61 %     1.41 %     1.90 %
                                 
    Average loans   $ 9,661,774     $ 9,765,428     $ 9,563,372     $ 9,581,784     $ 9,625,005     $ 9,663,518     $ 9,594,996  
    Pre-tax, pre-provision operating return on average loans1     1.83 %     1.83 %     1.84 %     1.97 %     2.05 %     1.83 %     2.43 %
                                 
    Average total assets   $ 12,861,918     $ 12,578,706     $ 12,336,042     $ 12,306,634     $ 12,259,062     $ 12,593,206     $ 12,274,697  
    Return on average assets1     0.96 %     0.87 %     0.79 %     0.11 %     1.06 %     0.87 %     1.14 %
    Operating return on average assets1     1.00       0.91       0.95       1.02       1.06       0.95       1.20  
                                 
    Operating earnings adjusted for amortization of core deposit intangibles                            
    Operating earnings   $ 32,181     $ 28,310     $ 29,137     $ 31,625     $ 32,621     $ 89,628     $ 110,489  
    Adjustments:                            
    Plus: Amortization of core deposit intangibles     2,438       2,438       2,438       2,438       2,438       7,314       7,314  
    Less: Tax benefit at the statutory rate     512       512       512       512       512       1,536       1,536  
    Operating earnings adjusted for amortization of core deposit intangibles   $ 34,107     $ 30,236     $ 31,063     $ 33,551     $ 34,547     $ 95,406     $ 116,267  
                                 
    Average Tangible Common Equity                            
    Total average stockholders’ equity   $ 1,583,401     $ 1,541,609     $ 1,533,868     $ 1,510,286     $ 1,508,170     $ 1,553,070     $ 1,498,573  
    Adjustments:                            
    Less: Average goodwill     (404,452 )     (404,452 )     (404,452 )     (404,452 )     (404,452 )     (404,452 )     (404,452 )
    Less: Average core deposit intangibles     (22,789 )     (25,218 )     (27,656 )     (30,093 )     (32,540 )     (25,212 )     (34,939 )
    Average tangible common equity   $ 1,156,160     $ 1,111,939     $ 1,101,760     $ 1,075,741     $ 1,071,178     $ 1,123,406     $ 1,059,182  
    Operating return on average tangible common equity1     11.74 %     10.94 %     11.34 %     12.37 %     12.80 %     11.34 %     14.68 %
                                 
    Efficiency ratio     61.94 %     59.11 %     62.45 %     77.49 %     54.49 %     61.15 %     50.88 %
    Operating efficiency ratio                            
    Net interest income   $ 100,062     $ 96,236     $ 92,806     $ 95,533     $ 99,361     $ 289,104     $ 303,581  
    Noninterest income     13,106       10,578       6,662       (17,792 )     9,674       30,346       36,897  
    Plus: Loss on sale of AFS securities, net                 6,304                   6,304       5,321  
    Plus: Equity method investment write-down                       29,417                    
    Operating noninterest income     13,106       10,578       12,966       11,625       9,674       36,650       42,218  
    Noninterest expense     70,100       63,141       62,116       60,238       59,414       195,357       173,226  
    Less: FDIC special assessment           134             768             134        
    Less: Severance payments     1,487       613                         2,100       1,950  
    Operating noninterest expense   $ 68,613     $ 62,394     $ 62,116     $ 59,470     $ 59,414     $ 193,123     $ 171,276  
    Operating efficiency ratio     60.63 %     58.41 %     58.73 %     55.50 %     54.49 %     59.28 %     49.53 %

    1 Annualized ratio for quarterly metrics.

    The MIL Network

  • MIL-OSI Australia: Improving flood resilience around singleton

    Source: New South Wales Premiere

    Published: 23 October 2024

    Released by: Minister for Regional Transport and Roads


    The Singleton Local Government Area has received $7 million in funding from the Albanese and Minns Governments to help improve the resilience of Kilfoyles Bridge and Stanhope Road ahead of future flood events.

    The funds, provided through the Regional Roads Transport Recovery Package, will go towards:

    • Raising Stanhope Road at Elderslie; and
    • The betterment of Kilfoyles Bridge and approaches on Luskintyre Road with a two-lane concrete structure.

    Work to raise the road level along a one kilometer section of Stanhope Road is already underway and will involve major culvert upgrades to better manage drainage and improve access to the route during future rainfalls.

    The funding also covers raising Kilfoyles Bridge and approaches on Luskintyre Road by at least 2.2 metres, and upgrading the bridge to a two-lane concrete structure with a higher bridge deck and scour protection. This work is expected to start in November 2024.

    The improvements will help reduce the likelihood of road and bridge closures during severe weather and reduce costs for ongoing repairs and maintenance.

    These upgrades are jointly funded through the Disaster Recovery Funding Arrangements (DRFA).

    Quotes attributable to Federal Minister for Emergency Management Jenny McAllister:

    “We are working with the Minns Government and regional councils to ensure communities have resilient infrastructure they can rely on every day, but particularly in times of crisis.”

    “Upgraded roads and bridges will help residents stay connected during flooding and improve access to emergency services.

    “By raising the road and increasing the capacity of culverts, these projects will also reduce turbulence and help flood water escape quickly.”

    Quotes attributable to Member for Hunter Dan Repacholi:

    “We’ve seen over the last few years the devastation that constant rain and flooding has had on our communities and on our vital infrastructure.

    “Keeping our roads and bridges open during flood events is vital to stop communities being isolated.

    “It’s all about building back better and it’s about the Albanese Labor Government working with the states and the local government so that we can build back better and give people the future they need.”

    Quotes attributable to Minister for Regional Transport and Roads Jenny Aitchison:

    “This key investment by the Minns and Albanese Labor Governments will improve Singleton’s resilience to floods.

    “Workers, students, tourists, freight operators and other residents will be able to continue to go about their business, get to education and medical appointments with less inconvenience and disruption during disasters.

    “This will reduce their reliance on Surf Life Saving and the State Emergency Service (SES), particularly for residents of smaller communities like Lambs Valley and Stanhope.

    Quotes attributable to NSW Labor’s spokesperson for Upper Hunter Emily Suvaal:

    “These flood resilience projects will keep communities better connected during disasters while importantly protecting lives and livelihoods across the Upper Hunter.

    “It’s great to see all three levels of government working together to deliver projects that make such a big difference to our regional communities.”

    Quotes attributable to Singleton Council Mayor Sue Moore:

    “I’m very pleased to have State and Federal Governments working together to improve access in times of flooding for Singleton rural communities.”

    Quotes attributable to Singleton Council General Manager Justin Fitzpatrick-Barr:

    “Stanhope Road and Kilfoyles Bridge form an important transport route for the community and agricultural businesses but in times of flooding, they become inundated and unpassable for days at a time.

    “By upgrading and raising the level of this road and bridge, we’ll keep our community connected during future flooding disasters.

    “We’re extremely grateful to the Australian and NSW governments for their support to deliver these integral infrastructure projects for Singleton.”

    MIL OSI News

  • MIL-OSI USA: ERIE COUNTY – Governor Shapiro, Agriculture Secretary Redding to Announce Significant Investment in Local Potato Farm and Fry Company

    Source: US State of Pennsylvania

    October 23, 2024Waterford, PA

    ADVISORY – ERIE COUNTY – Governor Shapiro, Agriculture Secretary Redding to Announce Significant Investment in Local Potato Farm and Fry Company

    Governor Josh Shapiro and Agriculture Secretary Russell Redding will join Troyer, Inc. to announce the Commonwealth’s significant new investment in its organic farm fry company, Folkland Foods, to build out a state-of-the-art organic potato fry manufacturing plant, creating 50 new local jobs in the first three years.

    Folkland Foods is a start-up organic food company based in Erie County and will continue the Troyer family’s rich legacy and impact in the northwestern Pennsylvania snack foods industry.

    The Shapiro Administration’s Economic Development Strategy puts agriculture front and center – with the Governor’s 2024-25 budget making critical investment to support and attract new agricultural businesses and build the future of American agriculture right here in Pennsylvania.

    WHO:
    Governor Josh Shapiro
    Secretary of Agriculture Russell Redding
    Zachary Troyer, Co-Founder of Folkland Foods
    Brian Garlick, Chief Operating Officer of Folkland Foods

    WHEN:
    Wednesday, October 23, 2024 at 1:15 PM

    WHERE:
    Folkland Foods
    817 Rt. 97
    Waterford, PA 16441

    LIVE STREAM:
    pacast.com/live/gov
    governor.pa.gov/live/

    RSVP:
    Press who are interested in attending must RSVP with the names and phone numbers for each member of their team to ra-gvgovpress@pa.gov.

    MIL OSI USA News

  • MIL-OSI Security: U.S. Attorney’s Office Announces Guilty Plea of Fruitland Woman in Knife-Assault Case

    Source: Federal Bureau of Investigation FBI Crime News (b)

    ALBUQUERQUE – A Fruitland woman pleaded guilty in federal court to two counts of felony assault for assaulting and seriously injuring another woman with a pocketknife.

    According to court documents, on February 21, 2024, Richelle R. Upshaw, 24, an enrolled member of the Navajo Nation, assaulted Jane Doe with a knife (considered a “dangerous weapon” under federal law), and that assault resulted in serious bodily injury to Doe’s head and face.

    At sentencing, Upshaw faces up to 20 years in prison. Upon her release from prison, Upshaw will be subject to up to three years of supervised release. She must also make criminal restitution to the victim of her stabbing.

    U.S. Attorney Alexander M.M. Uballez, and Raul Bujanda, Special Agent in Charge of the FBI Albuquerque Field Office, made the announcement today.

    The Farmington Resident Agency of the FBI Albuquerque Field Office investigated this case with assistance from Navajo Nation Department of Investigation and Department of Criminal Investigations. Assistant United States Attorney Zachary C. Jones is prosecuting the case.

    # # #

    MIL Security OSI