Category: Europe

  • MIL-OSI Europe: Answer to a written question – Lack of transparency in implementing the Just Transition Fund in Asturias – E-001275/2025(ASW)

    Source: European Parliament

    1. Article 49(2) of Regulation (EU) 2021/1060[1], laying down common provisions for the EU shared management funds, requires managing authorities to publish at least three times a year a timetable of the planned calls for proposals, in either the national website portals or in their respective programme-specific websites. The Spanish authorities have informed the Commission that the setting-up of these websites is delayed, but information of the calls referred to by the Honourable Member can be found in the websites of the bodies of the regional governments that are responsible thereof. The Commission is closely monitoring the situation to ensure the websites referred to in the above-mentioned Article 49(2) are swiftly completed and available to the public.

    2. The Spanish Just Transition Fund programme for 2021-2027 was adopted in December 2022 and is still at its first stages of implementation. Accordingly, calls are still under preparation in different regions. The Commission is closely working with the Spanish authorities to provide assistance in accelerating implementation, especially in the context of the monitoring committee of this funding programme, where municipalities are represented.

    • [1] https://eur-lex.europa.eu/eli/reg/2021/1060/oj/eng .
    Last updated: 13 May 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Answer to a written question – Impact of Norwegian aquaculture on the development of EU aquaculture – E-000455/2025(ASW)

    Source: European Parliament

    1. Member States can offer support to EU aquaculture companies, including on productive investments or innovation under their European Maritime, Fisheries and Aquaculture Fund (EMFAF) programmes. EU aquaculture companies can also benefit from funding opportunities under other EU programmes[1].

    2. Strict controls ensure that imported food adheres to high EU standards for consumer protection and safety. The high standards on environmental sustainability applicable to EU aquaculture, as well as its capacity to provide food closer to the consumer, can provide EU aquaculture products a competitive edge over products from third countries. To this end, consumers need to be informed of the origin of aquaculture products, as well as the advantages of EU aquaculture production.

    The regulation on the common market Organisation in fishery and aquaculture products (CMO Regulation)[2] ensures that consumers receive clear mandatory information on the origin of aquaculture products. This allows consumers to differentiate between EU aquaculture products and imported ones. In the context of the evaluation of the CMO Regulation, the Commission will assess whether the existing labelling rules provide consumers with adequate information, and whether additional requirements are needed. Under the revised Fisheries Control Regulation[3], the control of the supply chain and traceability requirements of fishery and aquaculture products is enhanced, including imported products from third countries[4].

    The Commission has recently launched an EU-wide communication campaign on EU aquaculture, to increase EU citizens and consumer awareness on the benefits of EU aquaculture[5].

    • [1] See EU funding opportunities available for aquaculture: https://aquaculture.ec.europa.eu/system/files/2024-03/AAM_WP4_EU%20Funding%20Opportunities_Background%20Paper.pdf.
    • [2] https://eur-lex.europa.eu/eli/reg/2013/1379/oj/eng.
    • [3] https://eur-lex.europa.eu/eli/reg/2023/2842/oj/eng.
    • [4] Operators will be obliged to digitally record and transmit traceability data for fresh and frozen fisheries and aquaculture products by 10 January 2026. By 2029, this obligation will extend to prepared and preserved products.
    • [5] EU Aquaculture — We work for you with passion — European Union: https://eu-aquaculture.campaign.europa.eu/index_en.
    Last updated: 13 May 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Answer to a written question – GGSC opinion on NGTs – shift of safety assessment and liability risks from biotech companies to the food industry – E-000920/2025(ASW)

    Source: European Parliament

    It is the responsibility of food business operators to verify if the food they intend to place on the EU market falls in the scope of the Novel Food Regulation[1]. Food obtained from Category c New Genomic Techniques (NGT) plants will fall under that regulation if it contains significant changes in the composition or structure of the food affecting its nutritional value, metabolism or level of undesirable substances as provided in its Article 3(2)(iv).

    The Commission’s proposal on plants obtained by certain NGTs contains transparency measures for Category c NGT plants: the foreseen public database will contain a description of the trait(s) and characteristics introduced or modified in a Category c NGT plant. This will support food business operators in the assessment of whether those traits give rise to the significant changes in the food that would qualify it as novel. It can be expected that food obtained from Category c NGT plants with such significant changes will be part of specialised supply chains as the purpose of developing such traits is to offer identifiable benefits to the consumer.

    The Commission does not have specific information on the costs of safety testing under the Novel Food Regulation. Such costs depend on the type of novel food and the necessary tests to prove its safety[2].

    The Commission estimated in its impact assessment[3] that of a total of 15 applications per year from the first year of operation of the regulation (two years after entry into force), 10 would be Category c NGT plants. It is not possible to predict how many of those would be intended for placing on the market as food and what proportion thereof would contain traits that would require an assessment of the food concerned under the Novel Food Regulation.

    • [1] http://data.europa.eu/eli/reg/2015/2283/oj.
    • [2] The European Food Safety Authority has adopted technical guidance to support applicants in this regard: https://www.efsa.europa.eu/en/efsajournal/pub/8961.
    • [3] SWD (2023)0412 final, Annex 3.
    Last updated: 13 May 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Answer to a written question – GGSC opinion on NGTs – shift of safety assessment and liability risks from biotech companies to the food industry – E-000918/2025(ASW)

    Source: European Parliament

    Foods obtained from Category c new genomic techniques (NGTs) plants fall under the Novel Foods Regulation[1] if they feature significant changes in the composition or structure of the resulting food, affecting its nutritional value, metabolism or level of undesirable substances. Given that such foods offer identifiable benefits to the consumer, food business operators have a strong interest in bringing such food to the market with relevant labelling information that is part of an authorisation under the Novel Foods Regulation.

    It is the responsibility of food business operators to verify whether the food they intend to place on the EU market falls within the scope of the Novel Foods Regulation and complies with that regulation. The Official Controls Regulation[2] sets rules for the official controls performed to ensure compliance with food and feed law. These rules entrust national authorities with the responsibility to carry out controls at all stages of production, processing, distribution and use of food and feed, including to ensure that food business operators apply for the necessary novel food authorisation where necessary, amongst others as regards novel foods that may derive from Category c NGT plants.

    The Commission’s proposal on plants obtained by certain NGTs contains transparency measures for Category c NGT plants that would support food business operators in the assessment of whether the trait(s) and characteristics introduced or modified in a Category c NGT plant give rise to the significant changes in the food that would qualify it as novel. The Official Controls Regulation also provides the Commission with audit and control powers in the Member States and non-EU countries, enabling action at EU level when necessary.

    • [1] http://data.europa.eu/eli/reg/2015/2283/oj.
    • [2] https://eur-lex.europa.eu/eli/reg/2017/625/oj.
    Last updated: 13 May 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Answer to a written question – Socio-economic consequences of the new ‘EU ETS 2’ emissions-trading system – E-000578/2025(ASW)

    Source: European Parliament

    The Commission and the Member States are working towards the timely implementation of the new Emissions Trading System for buildings, road transport and additional sectors (ETS2), which was adopted by the European Parliament and the Council in 2023. This includes regular technical level discussions and exchanges at the political level with all Member States, including Poland.

    The Commission’s impact assessment[1] for the review of the ETS Directive provided a detailed analysis of the socioeconomic impact of ETS2. The impact assessment shows that the ETS2 effects on fuel prices are limited. Furthermore, ETS2 contains strong safeguard mechanisms to avoid prices rising very fast, including a safeguard to delay the start of the system to 2028 in case gas or oil prices are exceptionally high in 2026.

    Europe’s reliance on imported fossil fuels causes energy price volatility and higher supply costs, significantly impacting consumers’ energy bills. To reduce energy costs for consumers in the EU, we need to reduce energy consumption and accelerate the roll-out of renewable energy, which is an effective way to achieve decarbonisation. The Social Climate Fund (SCF), financed by ETS2, aims to ensure that vulnerable households and micro-enterprises will be supported in this transition. The purpose of the SCF is to turn ETS2 into a clearly progressive measure, and to spur green investments that will address the root causes of energy and transport poverty.

    • [1] SWD(2021)0601 final.
    Last updated: 13 May 2025

    MIL OSI Europe News

  • MIL-OSI Russia: Moscow Mayor Participates in Meeting of Boards of Trustees of Bolshoi and Mariinsky Theatres

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    Vladimir Putin held a meeting boards of trustees of the Bolshoi and Mariinsky theatres. It was attended by Sergei Sobyanin.

    Opening the meeting, the Russian President noted that many companies and patrons actively help the country’s two leading theaters and other creative groups, museums, libraries and cultural institutions. With the support of trustees, initiatives related to the preservation of architectural and historical heritage are implemented, as well as tours, festivals, competitions, concerts, educational and exhibition events and programs are held. Particular attention is paid to the development of young musicians, artists and actors, which helps them to actively participate in the public life of the country.

    “Cultural heritage, spiritual identity, creative wealth – this is a powerful foundation for the development of the country, the consolidation of society. By supporting a variety of projects in the cultural sphere, you, dear colleagues, make a great contribution to strengthening the unity of our people. I sincerely want to thank you for this and, of course, for your active participation in the life of the flagships of our culture: the Bolshoi and Mariinsky theaters. You are their true friends and partners,” said Vladimir Putin.

    The performances and concerts of the two leading theatres of the country and their branches are in great demand and are loved by the public. Every year they present more than a dozen premieres, the President of Russia noted. Next year, the 250th anniversary of the Bolshoi Theatre, which is one of the most valuable objects of the national heritage of Russia, will be celebrated. Its anniversary will be a real holiday for all fans of opera, ballet and symphonic music. Preparations for it are already underway.

    “The Bolshoi and the Mariinsky are two powerful symbols of Russia, without any exaggeration, they are our pride, the embodiment of great Russian culture and world centers of musical art,” Vladimir Putin noted.

    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 access to What the Source Is Stating and Does Not Reflect

    https: //vv.mos.ru/mayor/tkhemes/12747050/

    MIL OSI Russia News

  • MIL-OSI USA: Cortez Masto, Ernst, Case, Radewagen Work to Strengthen Strategic Relationships with Pacific Islands, Counter Chinese Aggression in the Region

    US Senate News:

    Source: United States Senator for Nevada Cortez Masto
    Washington, D.C. – Today, U.S. Senators Catherine Cortez Masto (D-Nev.) and Joni Ernst (R-Iowa), Congressman Ed Case (D-Hawaii-01), and Delegate Aumua Amata Radewagen (R-A.S.). introduced a bipartisan, bicameral bill aimed at strengthening the United States’ strategic partnerships with Pacific Island nations, supporting sustainable development, and combating the increasing Chinese aggression in the region. The Pacific Partnership Act would help the U.S. establish a clear, comprehensive strategy to support diplomatic, security, and economic relationships in the Indo-Pacific region.
    “Supporting our allies and partners in the Indo-Pacific is essential to combating the Chinese Communist Party’s influence and to our long-term national security,” said Senator Cortez Masto. “This bipartisan bill is critical to strengthening our ties with our allies in the Pacific and ensuring they become enduring global relationships.”
    “Strengthening America’s partnerships in the Indo-Pacific is critical to deterring Chinese aggression,” said Senator Ernst. “This bipartisan legislation equips us to work with nations in the Pacific that serve as the first line of defense against the Chinese Communist Party and keep Americans safe at home.”
    “Our Pacific Partnership Act responds directly to the reality that our country’s and world’s future lies in the Indo-Pacific, and that the islands of the Pacific are our indispensable partners in charting that future,” said Congressman Case. “The Pacific Islands are under increasingly severe economic, environmental and geopolitical stress, and we must expand our generational engagement to assist them where they most need assistance. The Pacific Partnership Act, molded directly on the Pacific Islands’ own blueprint to their collective future, is our roadmap to expanded engagement as well.”
    “Thank you to Senator Cortez Masto, Senator Ernst, and Congressman Case for their focus on these important partnerships that are close to home for my congressional district in the South Pacific,” said Congresswoman Radewagen. “We need sustained U.S. engagement for enduring partnerships in the Pacific Islands, keeping China’s influence in check, and strengthening mutual development opportunities.”
    The U.S. has a longstanding relationship with the Pacific Islands, and they play a crucial role in U.S. national security, facilitating military operations in support of American allies and partners. Nevada – through the National Guard – collaborates with the Republic of Fiji, the Kingdom of Tonga, and the Independent State of Samoa under the National Guard Bureau’s State Partnership Program, strengthening security cooperation globally. 
    The Pacific Partnership Act would strengthen these crucial ties by creating a “Strategy for Pacific Partnership”. This strategy, crafted by the President and presented to Congress every four years, would outline U.S. involvement in the Pacific Islands and highlight combined efforts to combat regional challenges including natural disasters, security threats, and economic development. 
    Read the full bill here.
    Senator Cortez Masto has led efforts in Congress to stand up to the Chinese Communist Party’s influence and protect the American national and economic security. She introduced the PASS Act to ban individuals and entities controlled by China, Russia, Iran, and North Korea from purchasing agricultural land and businesses located near U.S. military installations or sensitive sites and the Strengthening Exports Against China Act, which would incentivize economic growth by eliminating barriers for American businesses competing directly with China in emerging industries like artificial intelligence and semiconductors. She’s also introduced bipartisan legislation to strengthen the domestic supply chain for rare-earth magnets, which are critical components of cell phones, computers, defense systems, and electric vehicles, but are almost exclusively made in China.

    MIL OSI USA News

  • MIL-OSI Europe: Written question – Challenges posed by provisions on the processing and storage of fishery products – E-001814/2025

    Source: European Parliament

    Question for written answer  E-001814/2025
    to the Commission
    Rule 144
    Kamila Gasiuk-Pihowicz (PPE)

    Delegated Regulation (EU) 2024/1141 requires producers to complete the processing of fishery products at temperatures between -18°C and 0°C within 96 hours, regardless of the actual microbiological risk profile. This limitation includes the stiffening process, which is generally applied in the fishing industry and is considered microbiologically safe in terms of the growth of Listeria monocytogenes.

    However, the provisions do not impose similar restrictions on the storage period for finished fish products in retail outlets. These products may be stored at temperatures between +4°C and +7°C over the shelf life specified by the manufacturer, which may be as long as 35 days. Under such conditions, the active growth of bacteria, including Listeria monocytogenes, is possible.

    In light of the above:

    • 1.What are the grounds for imposing a 96-hour limit on the processing of fishery products at temperatures between -18°C and 0°C, especially for processes that are not conducive to the growth of bacteria, including Listeria monocytogenes?
    • 2.Has the Commission compared the microbiological risks associated with the stiffening process and the storage of finished fish products under retail conditions?
    • 3.What is the Commission’s assessment of the consistency of food safety rules, given the differences in rules on fish processing and the storage of finished products under retail conditions?

    Submitted: 6.5.2025

    Last updated: 13 May 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Written question – Counterfeit pharmaceutical medicines – E-001808/2025

    Source: European Parliament

    Question for written answer  E-001808/2025
    to the Commission
    Rule 144
    Benoit Cassart (Renew), Olivier Chastel (Renew), Billy Kelleher (Renew), Vlad Vasile-Voiculescu (Renew), Sophie Wilmès (Renew)

    The EU Serious and Organised Crime Threat Assessment report entitled ‘The changing DNA of serious and organised crime’ underlines growing concerns over pharmaceutical crime, namely the circulation and promotion of counterfeit, falsified, substandard or fraudulently obtained medicines. The report highlights the fact that all types of medicines can be concerned but that there are growing concerns over antidiabetic, weight loss and hormonal substances. Furthermore, pharmaceutical crime has been identified as an enabler for drug crime, as pharmaceuticals are used for the production of synthetic drugs.

    The report warns about the theft of medicines, which may occur throughout the supply chain, in locations ranging from manufacturing sites to hospitals, and the illicit manufacturing of pharmaceuticals within EU-based clandestine laboratories.

    Pharmaceutical crime poses a clear risk to public health and safety, undermines the European pharmaceutical industry and incurs significant economic losses.

    • 1.What action does the Commission intend to take to fight pharmaceutical crime?
    • 2.What action does the Commission intend to take to protect EU patients and to better inform them about the risks posed by counterfeit medicines for their health and safety?
    • 3.Does the Commission intend to work with the Council to include pharmaceutical crime as one of the top EU crime priorities under EMPACT (the European Multidisciplinary Platform Against Criminal Threats) for the post-2025 period?

    Submitted: 5.5.2025

    Last updated: 13 May 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Written question – Imports of sheep and goats from countries with active foot-and-mouth disease – E-001823/2025

    Source: European Parliament

    Question for written answer  E-001823/2025
    to the Commission
    Rule 144
    Galato Alexandraki (ECR), Emmanouil Fragkos (ECR)

    During the Easter period, Greece’s Ministry of Rural Development and Food authorised imports of live sheep from Slovakia and Hungary (as domestic production alone was insufficient to meet demand), despite the fact that active cases of foot-and-mouth disease have been recorded in these countries. Meanwhile, other countries such as Australia, the US and England have imposed strict bans not only on animals but also on animal products from these specific regions.

    The ministry’s official position comprised a recommendation to avoid imports and to impose a mandatory quarantine of 21 days on imported animals, without specifying whether and how these measures were complied with in practice.

    Can the Commission therefore answer the following:

    • 1.Is there any monitoring evidence to demonstrate that the full implementation of the envisaged 21-day quarantine period and the related veterinary checks on sheep imported from Slovakia and Hungary were ensured?
    • 2.In practice, how does it monitor the correct application of EU rules by Member States in order to prevent outbreaks and protect the health security of European livestock farming?

    Submitted: 6.5.2025

    Last updated: 13 May 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Written question – Strengthening EU action against organised crime networks’ use of AI – E-001832/2025

    Source: European Parliament

    Question for written answer  E-001832/2025
    to the Commission
    Rule 144
    Dan-Ştefan Motreanu (PPE)

    A new report by Europol warns that artificial intelligence (AI) is transforming the landscape of serious and organised crime in the EU. AI’s accessibility, versatility, and sophistication enable criminal networks to automate, scale up, and conceal illicit activities at an unprecedented rate, making law enforcement detection and prosecution significantly more difficult.

    The report highlights that AI, along with technologies like blockchain and quantum computing, acts as a catalyst, amplifying the speed, scope and complexity of organised crime. Europol further warns that the emergence of fully autonomous AI systems could give rise to AI-controlled criminal networks in the future.

    Digital infrastructure has become the primary setting for organised crime, facilitating cyberattacks, ransomware, online fraud, drug trafficking, firearms trafficking and serious environmental crimes. Europol underlines the urgent need for enhanced access to data in order for law enforcement and the creation of new legal frameworks to address these emerging threats.

    In the light of these alarming developments, what measures does the Commission intend to propose to strengthen the EU’s capacity to detect, prevent and combat the use of AI and emerging technologies by organised crime groups?

    Submitted: 6.5.2025

    Last updated: 13 May 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Written question – Combating the misuse of national symbols on food packaging – E-001805/2025

    Source: European Parliament

    Question for written answer  E-001805/2025
    to the Commission
    Rule 144
    Gilles Pennelle (PfE), Christophe Bay (PfE), France Jamet (PfE), Catherine Griset (PfE), André Rougé (PfE), Séverine Werbrouck (PfE), Pascale Piera (PfE), Jean-Paul Garraud (PfE), Julien Leonardelli (PfE), Philippe Olivier (PfE), Julien Sanchez (PfE), Pierre Pimpie (PfE)

    In recent years, there has been a noticeable shift in the purchasing decisions of French consumers, who are attaching increasing importance to the provenance of products. To meet these expectations, the French Parliament passed a law known as ‘EGalim 2’, which was enacted on 18 October 2021. Article 12 of this law prohibits the display of the French flag, a map of France or any symbol representing France on food packaging when the primary ingredients do not originate in France. However, the French Government never published the necessary implementing decree for this provision, on the grounds that it would be incompatible with the INCO Regulation and Directive 2005/29/EC on unfair business-to-consumer commercial practices.

    • 1.Does the Commission consider it acceptable that jam processed in France containing fruit originating in another Member State can display the flag of the country of processing?
    • 2.Can it confirm whether the INCO Regulation and Directive 2005/29/EC prevent the French State from prohibiting the use of a French flag, a map of France or any symbol representing France on food packaging when the primary ingredients do not originate in France?

    Supporter[1]

    Submitted: 5.5.2025

    • [1] This question is supported by a Member other than the authors: Mathilde Androuët (PfE)
    Last updated: 13 May 2025

    MIL OSI Europe News

  • MIL-OSI Global: Mark Carney’s cabinet: A course correction on gender, but there’s more work ahead

    Source: The Conversation – Canada – By Jeanette Ashe, Visiting Senior Research Fellow, King’s College London

    Canadian Prime Minister Mark Carney has unveiled his federal cabinet in his first major opportunity to define his newly elected government’s direction.

    For academics and activists concerned with gender equity, the cabinet announcement was a crucial litmus test for Carney’s approach to inclusive governance. Overall, Carney demonstrated a significant course correction with cabinet appointments that reflect a clear commitment to gender parity going forward.

    Carney entered office amid mounting scrutiny. His first cabinet, swiftly formed following his swearing-in as prime minister to replace Justin Trudeau, broke with his predecessor’s near decade-long tradition of gender-balanced cabinets.

    Controversially, Carney also eliminated the Minister for Women and Gender Equality (WAGE) upon taking office in March. This decision prompted sharp criticism from feminist organizations, including the Canadian Research Institute for the Advancement of Women, Women’s Shelters Canada, YWCA Canada and Action Canada for Sexual Health and Rights.

    Demanded a reversal

    They wrote and signed an open letter to Carney in March at the annual gathering of the United Nations Commission on the Status of Women.

    These groups viewed the removal of WAGE not only as a symbolic loss but as one with tangible, negative policy implications for millions of women and gender-diverse individuals across Canada. They argued: “Gender equality is not an afterthought; it is the backbone of a strong economy and resilient society.”

    Investing in feminist policies, including health care, childcare and pharmacare is, in other words, good for business, they said.

    In response to this organized feminist pushback, Carney has revised his approach. His cabinet comprises 28 full ministers: 14 women and 15 men, including the prime minister. In addition, Carney appointed 10 junior ministers as secretaries of state: four women and six men. WAGE has also now been restored as a full ministry.

    Men hold the most substantive posts

    While reinstating gender parity in cabinet marks an improvement, it is not without caveats. While women now make up almost half of both cabinet tiers, it’s not sufficient. Substantive representation, in which women hold influential decision-making positions, is lacking.

    A closer look reveals Carney’s appointments may be seen as a form of gender-washing — symbolically inclusive, but not substantively so.




    Read more:
    Gender washing: seven kinds of marketing hypocrisy about empowering women


    Notably, men hold five of the six most powerful positions in his core cabinet: finance, justice and attorney general, government House leader, president of the King’s Privy Council and president of the Treasury Board. Only one of these key roles — foreign affairs — was awarded to a woman, Anita Anand.

    This reflects persistent gender trends identified by scholars like Roosmarijn de Geus and Peter Loewen, who found in 2021 that women are under-represented in Canada in the more influential or “masculine” portfolios such as finance and defence, and over-represented in those perceived as caring or social in nature.

    While women are at Canada’s cabinet table, most do not have seats with the greatest views. Equity in numbers does not yet translate to equity in influence.

    Formalizing gender parity

    Overall, Canada’s broader trends in political representation remain troubling. The 2025 election saw a decrease in both the proportion of women candidates and elected MPs.

    Canada has now slipped to 70th in the Inter-Parliamentary Union’s global ranking for women in national parliaments. With only 30.9 per cent of parliamentary seats held by women, Canada falls well below peer countries such as the United Kingdom (40.5 per cent) and New Zealand (45.5 per cent).

    Relying on the electoral fortunes of a single party to push for and uphold gender equity in Canada’s Parliament is unsustainable.

    Carney has now shown responsiveness to feminist public critique — a pragmatic move given the high number of women who supported the Liberal Party. If he wants to demonstrate ongoing commitment, his next step could be institutionalizing gender parity in ways that outlast any single leader or party. Such a change would ensure equity in politics is justice-based, not leader-based.

    More specifically, Parliament could amend the Parliament of Canada Act to require gender-balanced cabinets. Legislated gender quotas for political parties would also help ensure a minimum baseline of equitable representation in the House of Commons.




    Read more:
    Women in politics: To run or not to run?


    More than 100 countries have adopted such quotas. Canada could join them given most Canadians support their use.

    The Speaker of the House of Commons could also be tasked with producing annual gender-sensitive assessments of Parliament, policy outputs and government structures.

    Overall, Carney’s new cabinet is a win for feminist advocacy, but it cannot be the final word. Canada needs legal mechanisms, cultural shifts and institutionalized reforms to ensure its democratic institutions are truly representative.

    The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    ref. Mark Carney’s cabinet: A course correction on gender, but there’s more work ahead – https://theconversation.com/mark-carneys-cabinet-a-course-correction-on-gender-but-theres-more-work-ahead-256541

    MIL OSI – Global Reports

  • MIL-OSI Russia: Financial news: Futures and options trading volume on Moscow Exchange reached 12 trillion rubles in April

    Translation. Region: Russian Federal

    Source: Moscow Exchange – Moscow Exchange –

    The total volume of transactions on the Moscow Exchange futures market as of the end of April 2025 amounted to 12 trillion rubles (7 trillion rubles in April 2024). The volume of open positions at the end of the month was 2.2 trillion rubles (1.9 trillion rubles in April 2024).

    In April 2025, 194 thousand clients concluded futures and options transactions on the Moscow Exchange (146 thousand in April 2024). The share of individuals in the total volume of exchange derivatives trading was 61%.

    The most popular instruments in terms of the number of clients with open positions at the end of April were quarterly and perpetual futures on currency contracts “Chinese yuan – Russian ruble” (CNY and CNYRUBF), “US dollar – Russian ruble” (Si and USDRUBF), as well as monthly futures on natural gas (NG).

    The share of the evening trading session in the total trading volume on the futures market was 17%. The top 5 popular instruments by trading volume in the evening period included futures on natural gas (NG), gold (GOLD), the Moscow Exchange Index (MIX), quarterly contracts on the US dollar – Russian ruble currency pairs (Si) and the RTS Index (RTS).

    Morning trading in April accounted for 5% of the total trading volume. Most of all, clients traded quarterly gold futures (GOLD), the Moscow Exchange Index (MIX), the US dollar-Russian ruble (Si) and Chinese yuan-Russian ruble (CNY) currency pairs, and RTS Index futures (RTS).

    In April, trading in a new instrument began on the Moscow Exchange futures market. European natural gas futures settlement contract TTF (TTF). The range of derivatives on foreign assets has been expanded cash-settled contracts for shares of the investment fund Invesco PHLX Semiconductor ETF (SOXQ). The fund tracks the Nasdaq PHLX Semiconductor Sector Index, which includes 30 leading companies involved in the development, production and distribution of semiconductors. Trading also began premium options on shares of two more issuers.

    Contact information for media 7 (495) 363-3232Pr@moex.kom

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    HTTPS: //VVV. MOEX.K.MO/N90197

    MIL OSI Russia News

  • MIL-OSI Russia: To colleagues, family and friends of Nina Grebeshkova

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    Mikhail Mishustin expressed his condolences in connection with the death of film actress, Honored Artist of Russia Nina Grebeshkova.

    Please accept my deepest condolences on the death of Nina Pavlovna Grebeshkova.

    Nina Pavlovna was an actress of unique talent and bright personality. Viewers loved the charming and touching heroines that she brilliantly played in the famous Gaidai comedies. Each of her roles is filled with extraordinary sincerity and special energy.

    A warm-hearted and considerate person, Nina Pavlovna generously shared her warmth with colleagues, family and friends.

    Nina Pavlovna is no longer with us, but she will forever remain in wonderful films. In our memory.

    M. Mishustin

    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.

    MIL OSI Russia News

  • MIL-OSI Russia: Dmitry Patrushev visited the vessel “Captain Sokolov”, built under the investment quota mechanism

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    During a working visit to the Murmansk Region, Deputy Prime Minister Dmitry Patrushev, together with the head of the region Andrei Chibis, visited the seaport, where he inspected the newest fishing vessel, the Captain Sokolov, built under the investment quota mechanism.

    “The fisheries complex is of great importance for the economy of the Murmansk region. The region’s users catch more than 10% of the all-Russian volumes. The region’s fishing enterprises participate in the implementation of the investment quota mechanism, which allows for the renewal of the fishing fleet, an increase in processing, and an increase in production efficiency. In general, the “keel quota” mechanism has given impetus to the revival of Russian commercial shipbuilding. Currently, 27 plants and 40 vessels have been built within the framework of the program. Of these, 23 are fishing vessels and 17 are crab vessels. During the period of the mechanism’s operation, 8 plants and 6 vessels have been built in the Murmansk region,” said Dmitry Patrushev.

    One of such objects is the fishing vessel “Captain Sokolov”. On board is a modern fish processing factory with a capacity of up to 150 tons of frozen fish and canned goods per day. The freezing equipment of the vessel is capable of storing up to 1 thousand tons of fish.

    The Deputy Prime Minister noted the innovative design of the bow of the hull. It increases the working space on the vessel, improves its seaworthiness, increases the durability of the vessel and the safety of navigation. It also creates the most comfortable conditions for the crew to live and work.

    Coordination of work on completing the construction of fishing vessels within the framework of the implementation of the mechanism for providing quotas for the extraction (catch) of aquatic bioresources for investment purposes is being carried out by the Government of Russia within the framework of incident No. 42 “Fishing vessels”.

    The “keel quota” mechanism is aimed at stimulating the development of the domestic fishing fleet.

    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.

    MIL OSI Russia News

  • MIL-OSI Russia: Marat Khusnullin: Almost 300 facilities are planned to be completed in Zaporizhzhia Oblast this year

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    Marat Khusnullin held a meeting with the Governor of Zaporizhia Oblast Yevgeny Balitsky, where they discussed increasing the reliability of the region’s energy complex, upgrading the housing and utilities sector and building modern housing, social facilities, and developing transport infrastructure.

    “This year, federal customers and sponsor regions plan to commission almost 300 facilities in the Zaporizhia region. Also among the new facilities currently under construction is a multidisciplinary pediatric medical center in Melitopol, which is being built by the “Single Customer” on behalf of the President. Special attention was paid to issues of supporting state enterprises. Among them is the Berdyansk seaport. The Unified Institute of Spatial Planning, as part of the development of the city’s general plan, has prepared a set of proposals for its development, which by 2030 will increase the port’s capacity by more than 40%,” said Marat Khusnullin.

    In addition, the topic of increasing the region’s tourist attractiveness, taking into account its existing potential, was touched upon. The Deputy Prime Minister emphasized that it is important to facilitate the creation of all necessary infrastructure, including road infrastructure. For example, about 30 km of the highway along the Sea of Azov is being updated.

    “With the systematic support of the Government of the Russian Federation, the Zaporizhzhya Region has every chance and opportunity to take a worthy place on the tourist map of Russia and become one of the leaders of domestic tourism in the country. I am grateful to Marat Shakirzyanovich for his attentive attitude to every issue of our region’s development and practical assistance at every stage of work,” noted the Governor of the Zaporizhzhya Region, Yevgeny Balitsky.

    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.

    MIL OSI Russia News

  • MIL-OSI Europe: Answer to a written question – Increasing customs duties on products imported from Russia and the impact on the agricultural sector in the EU – P-001208/2025(ASW)

    Source: European Parliament

    The Commission proposal referred to by the Honourable Member[1] aims at gradually phasing out the EU’s dependence on Russian nitrogen-based fertilisers through a transitional approach. This involves measured annual increases of customs duties on Russian imports over a period of three years, minimising the risk of a surge in fertiliser prices. The Commission expects the measure to result in a gradual and orderly replacement of Russian nitrogen-based fertilisers with alternatives, including domestically produced ones, thus contributing to fair competition in the EU fertilisers market and supporting a stable, long-term role of the EU fertilisers industry in ensuring the EU food security.

    The proposal mandates the Commission to monitor nitrogen-based fertiliser prices. The Commission will continue assessing the situation and take appropriate measures to prevent the price increase. These measures may include, among others, proposing the temporary suspension of tariffs on affected goods imported from sources other than Russia and Belarus.

    The Commission is not proposing to modify customs duties on imports from Russia of other products. The Commission would like to note that some of the products referred to by the Honourable Member are already subject to import restrictions as part of the sanctions adopted following Russia’s military aggression against Ukraine under Regulation 833/2014[2], in particular potash fertilisers and crustaceans. Any decision to impose or amend these sanctions is for the Council to take by unanimity.

    • [1] https://ec.europa.eu/transparency/documents-register/detail?ref=COM(2025)34&lang=en.
    • [2] Council Regulation (EU) No 833/2014, ELI: http://data.europa.eu/eli/reg/2014/833/2025-02-25 .
    Last updated: 13 May 2025

    MIL OSI Europe News

  • MIL-OSI Russia: Xi Jinping Holds Talks with Brazilian President

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian –

    Source: People’s Republic of China – State Council News

    BEIJING, May 13 (Xinhua) — Chinese President Xi Jinping held talks in Beijing on Tuesday with Brazilian President Luiz Inacio Lula da Silva, who is on a state visit to China.

    Xi Jinping recalled that last year, on the occasion of the 50th anniversary of the establishment of diplomatic relations between China and Brazil, the two sides jointly announced the upgrading of bilateral ties to a China-Brazil community of shared future for a fairer world and a more sustainable planet.

    The Chinese President called on both sides to vigorously advance the building of a China-Brazil community with a shared future, consistently strengthen the alignment of development strategies, and jointly promote solidarity and cooperation among countries in the Global South.

    Xi Jinping stressed that China and Brazil should maintain strategic mutual trust, support each other on issues related to the two sides’ core interests and major concerns, and strengthen exchanges at all levels and in all areas.

    The Chinese leader called on the two countries to expand cooperation, deepen the effective alignment of the Belt and Road Initiative with Brazil’s development strategy, make full use of various cooperation mechanisms between the two countries, strengthen cooperation in traditional areas such as infrastructure, agriculture and energy, and explore new areas of cooperation including energy transition, digital economy, artificial intelligence, aviation and space.

    China and Brazil, Xi Jinping continued, should expand cultural and people-to-people exchanges, provide more facilities for people-to-people exchanges, and step up cooperation in culture, education, tourism, media, and at the local level.

    The two sides should maintain active interaction in multilateral forums, the Chinese leader noted, adding that as the largest developing countries in the Eastern and Western hemispheres respectively, China and Brazil should strengthen coordination and cooperation in multilateral mechanisms, uphold multilateralism, improve global governance, safeguard the international trade and economic order, and firmly oppose unilateralism, protectionism and bullying.

    L. I. Lula da Silva, for his part, stated that Brazil expects to deepen strategic cooperation with China and promote the construction of a Brazilian-Chinese community with a shared destiny.

    Brazil is willing to align its development strategy with the Belt and Road Initiative and expand cooperation between the two countries in areas such as trade, infrastructure, space and finance, the president said. He also called on the two countries to expand youth and cultural exchanges and strengthen ties and friendship between the two peoples.

    As L.I. Lula da Silva pointed out, protectionism and abuse of tariffs cannot promote development and prosperity, but instead lead to chaos. He stressed that China’s resolute stance in confronting global challenges gives strength and confidence to all countries. According to him, Brazil is ready to strengthen strategic cooperation with China in international affairs, cooperate to protect the common interests of the Global South, and uphold international fairness and justice.

    At the Great Hall of the People, the heads of the two states attended the signing of 20 documents on cooperation in such areas as the alignment of development strategies, science and technology, agriculture, digital economy, finance, customs control and quarantine supervision, and the media.

    The heads of the two states also met with the press together.

    China and Brazil on Tuesday issued a joint statement on strengthening the joint construction of a China-Brazil community of shared future for a fairer world and a more sustainable planet and jointly safeguarding multilateralism, as well as a joint statement on the Ukraine crisis.

    Before the talks, Xi Jinping and his wife Peng Liyuan held a welcoming ceremony for Luiz Inacio Lula da Silva and his wife Rosangela Lula da Silva. –0–

    MIL OSI Russia News

  • MIL-OSI Europe: Answer to a written question – Labelling of wines – E-002940/2024(ASW)

    Source: European Parliament

    In the EU products marketed with the name ‘wine’ or ‘aromatised wine products’ (AWPs) are subject to strict rules regarding their content and processing. The list of oenological compounds authorised for the production and preservation of wines and the conditions and limits of use, including their function and categorisation as additives or processing aids, is laid down in Delegated Regulation (EU) No 2019/934[1]. Only the ingredients laid down in Regulation (EU) No 251/2014[2] are authorised to produce AWPs.

    If those products are modified by using additives or processing methods that are not included in the above-mentioned regulations, they can no longer be considered wine or AWPs. In this case, those products, including the additives or flavouring contained therein, are examined and regulated by general food law.

    Concerning labelling, since the entry into force of Regulation (EU) 2021/2117[3], which amended Regulations (EU) No 1308/2013[4] and (EU) No 251/2014, the requirements of the list of ingredients for wine and AWP are considered compulsory or mandatory particulars, respectively, that must be included in the labelling and presentation of wine and AWP. All additives used in the production of any of these products must be presented in the list of ingredients, in line with Regulation (EU) No 1169/2011[5].

    The provision requiring the compulsory labelling of the list of ingredients and the nutrition declaration for wine and AWP guarantees the right of consumers to access information on the substances used in their production, in line with the EU legislation on food information to consumers.

    Work on preventive health will be stepped up, ensuring a comprehensive approach to health promotion and disease prevention across the life course.

    • [1] Annex I, part A, Table 2 of Delegated Regulation (EU) 2019/934: https://eur-lex.europa.eu/eli/reg_del/2019/934/oj/eng.
    • [2] http://data.europa.eu/eli/reg/2014/251/oj.
    • [3] https://eur-lex.europa.eu/eli/reg/2021/2117/oj/eng.
    • [4] https://eur-lex.europa.eu/eli/reg/2013/1308/oj/eng.
    • [5] http://data.europa.eu/eli/reg/2011/1169/oj.
    Last updated: 13 May 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Latest news – Meeting IN CAMERA on Iran’s Nuclear Programme (07/05/2025) – Delegation for relations with Iran

    Source: European Parliament

    The meeting of the Delegation for relations with Iran took place on Wednesday 7 May 2025 from 15.00 to 16.00 in Strasbourg, room WEISS N3.2. Please note that the meeting will be in camera.

    Te main issue was an exchange of views on Iran’s Nuclear Programme, the Geopolitical Developments and EU Perspectives with Mr Rocco Romano, deputy Head of Iran Division, EEAS

    MIL OSI Europe News

  • MIL-OSI Europe: Answer to a written question – EU funding to Elon Musk’s companies – P-000905/2025(ASW)

    Source: European Parliament

    The Commission kindly refers the Honourable Member to the publicly available Financial Transparency System (FTS)[1]. The Commission makes available information of recipients of funds financed from the budget on the FTS, where the budget is implemented under direct management mode. The information for the financial year 2024 will be published in June 2025.

    According to the FTS, there are three ongoing 2023 grants to Tesla Motors Netherlands BV under the Connecting Europe Facility. This is part of the Facility’s Alternative Infrastructure programme[2] for the deployment of charging stations for Long Distance Vehicles (LDVs) along the T rans-European transport network ( TEN-T Network). The type of funding for the grants is unit contribution per charging point and relevant grid connection. The amount per project is:

    21-EU-TC-Tesla EV charging (Cohesion) — EUR 14 940 000

    21-EU-TC-Tesla EV charging (General) — EUR 133 780 000

    21-EU-TG-Tesla EV charging II — EUR 9 860 000

    SpaceX was exceptionally contracted in the name of the Commission by the European Space Agency (ESA) f or two long-scheduled launches of two Galileo Satellites each (the EU constellation of Positioning, Navigation and Timing services) in 2024. The reason was the delay of the entry into service of Ariane 6, the default launcher for Galileo. The amount of the contract was published in the Official Journal of the European Union[3]. Ariane 6 entered into service in July 2024.

    Concerning X, the Commission (including all its services and its Representations in the Member States) spent approximately EUR 630 000 on paid advertising on the platform for the period it was owned by Mr Musk. Since October 2023, the Commission has suspended all paid advertising or services on this platform. The suspension still applies.

    • [1] https://ec.europa.eu/budget/financial-transparency-system/index.html The annual publications are based on Article 38 of the Financial Regulation (OJ L 2024/2509, 26.9.2024, p. 1-239), and in accordance with the third paragraph of the article, information on recipients is not disclosed in specific cases outlined therein.
    • [2] https://cinea.ec.europa.eu/funding-opportunities/calls-proposals/cef-transport-alternative-fuels-infrastructure-facility-afif-call-proposal_en.
    • [3] https://ted.europa.eu/fr/notice/-/detail/507009-2024.
    Last updated: 13 May 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Written question – Challenges for European fisheries and aquaculture – E-001824/2025

    Source: European Parliament

    Question for written answer  E-001824/2025
    to the Commission
    Rule 144
    Emmanouil Fragkos (ECR), Nora Junco García (ECR)

    The European fisheries and aquaculture sector faces challenges concerning generational renewal, energy transition, fleet ageing, digitalisation, climate change and competition for maritime space.

    While the common fisheries policy (CFP) has made progress on environmental goals (e.g. fish-stock sustainability), it has underperformed in socio-economic terms.

    The CFP should prioritise science-based policies to enhance food-security, reduce bureaucracy and promote socio-economic development. With 70 % of EU seafood being imported, there is growing concern about food autonomy.

    With the right support, our fisheries can continue to advance without compromising productivity. The EU’s fishing fleet, constrained by outdated policies limiting capacity and vessel upgrades, struggles to modernise and transition to low-emission technologies.

    Investments are urgently needed to update the fleet and related infrastructure.

    Imports from non-EU countries with lower standards and costs exacerbate the sector’s challenges. Despite support efforts, EU aquaculture production has stagnated, growing only marginally between 2008 and 2020. Addressing these issues requires a coordinated EU approach focused on competitiveness, sustainability and fair market conditions.

    What actions does the Commission intend to take in order to ensure a level playing field with non-EU countries in relation to:

    • 1.capture fisheries, such as monitoring compliance with obligations (e.g. regarding the reduction of illegal, unreported and unregulated fishing) both generally and particularly within EU waters?
    • 2.aquaculture, mainly with regard to imports from third parties (e.g. concerning the abolition of various forms of State aid that artificially reduce production costs)?

    Submitted: 6.5.2025

    MIL OSI Europe News

  • MIL-OSI Europe: Briefing – The rights of LGBTI people in the European Union – 13-05-2025

    Source: European Parliament

    The prohibition of discrimination and the protection of human rights are important elements of the EU legal order. Nevertheless, discrimination against lesbian, gay, bisexual, transgender and intersex (LGBTI) people persists throughout the EU and takes various forms, including verbal abuse and physical violence. Sexual orientation is now recognised in EU law as grounds of discrimination. However, the scope of the provisions dealing with this issue is limited and does not cover social protection, health care, education or access to goods and services, leaving LGBTI people particularly vulnerable in these areas. Moreover, EU competence does not extend to recognition of marital or family status. In this area, national regulations vary, with some Member States offering same-sex couples the right to marry, some allowing alternative forms of registration, and others not providing any legal status for same-sex couples. Same-sex couples may or may not have the right to adopt children and to access assisted reproduction. These divergent legal statuses have implications, for instance, for partners from two Member States with different standards who want to formalise/legalise their relationship, and for same-sex couples and their families wishing to move to another Member State. Combating discrimination has become part of EU internal and external policies, and is the subject of numerous resolutions of the European Parliament. However, action in this area remains problematic when it touches on issues pertaining to areas traditionally the preserve of Member States, such as marital status and family law. This is a further updated version of a briefing first published in 2010, the previous edition of which was published in June 2024.

    MIL OSI Europe News

  • MIL-OSI Europe: Latest news – Meeting of Monday 19 May 2025, Brussels – Delegation for relations with the Mashreq countries

    Source: European Parliament

    The Delegation will hold :

    • an exchange of views on the situation in Egypt and the EU-Egypt relations with H.E. Mr Ahmed Abu Zeid, Ambassador of the Arab Republic of Egypt to the EU and
    • an exchange of views in view of the upcoming DMAS mission to Egypt with Ms Alessandra Gatto, EEAS, Deputy Head of the Maghreb Division

    The meeting will be held in camera.

    MIL OSI Europe News

  • MIL-OSI Europe: Hearings – Role of Non-Profit, Cooperative, Public Housing Models / Public-private partnerships – 15-05-2025 – Special committee on the Housing Crisis in the European Union

    Source: European Parliament

    The Role of Non-Profit, Cooperative, Public Housing Models and Public-private partnerships in tackling the crisis with a particular focus on vulnerable people and youth

    On 15 May 2025, the HOUS Committee will hold a public hearing entitled “The Role of Non-Profit, Cooperative, Public Housing Models and Public-Private Partnerships in Tackling the Crisis–with a Particular Focus on Vulnerable People and Youth.”

    The hearing will be structured around two thematic panels. The first panel will explore innovative housing models for a sustainable future, bringing together HOUS Members and expert speakers for an exchange of views on emerging solutions such as non-profit, cooperative, and public-private partnership models. The second panel will focus on housing inequality, with particular attention to the challenges faced by vulnerable groups and young people across the EU.

    The hearing aims to highlight how alternative housing models are key to delivering affordable, sustainable homes and promoting social inclusion. HOUS Members stress that bold, inclusive strategies are essential to address the EU’s housing crisis and shape people-centred policies.

    MIL OSI Europe News

  • MIL-OSI Europe: EIB takes part in World Circular Economy Forum 2025 in Brazil to foster competitiveness and sustainable growth

    Source: European Investment Bank

    • EIB to participate in more than 10 sessions at WCEF 2025 from 13-16 May 2025 to discuss circular economy advances
    • EIB financing for circular economy grows to record €1.4 billion in 2024
    • EIB lending to circular economy projects amounts to €5.1 billion over the past five years

    The European Investment Bank (EIB) is participating in the World Circular Economy Forum 2025 (WCEF 2025) from 13-16 May 2025 in São Paulo, Brazil, and online around the globe. The annual WCEF, an initiative of Finland and the Finnish Innovation Fund (Sitra), is one of the world’s leading events on the circular economy, which aims to make production and consumption more sustainable by extending the life cycle of resources, materials and goods.

    The WCEF provides a platform for sharing knowledge and expertise, building networks and advancing the transition to a circular economy. This year’s edition will shed light on the bottlenecks to sustainable growth and the root causes that urgently require circular solutions.

    The EIB, one of the biggest multilateral providers of climate and environment finance, will present to conference participants its array of financing and advisory products to develop and support the circular economy. The EIB will also discuss the role of the circular economy in securing the supply of strategic materials and the benefits of pursuing projects across entire value chains.

    “We are stepping up our support for the circular economy in line with the European Union’s objectives that put circularity at the core of our decarbonisation strategy,” said EIB Vice-President Ambroise Fayolle. “In the past five years, we provided more than €5 billion to co-finance 153 circular economy projects in a variety of sectors. Circularity is key to conserve limited and strategic materials, enhance resilience and competitiveness and reduce our impact on the climate and the environment.”

    EIB lending to circular economy projects has consistently increased over the years, amounting to €5.1 billion in 2020-2024, with a record level of €1.4 billion last year alone. Recently financed projects include a €17 million loan to Europe’s largest iPhone refurbisher Swappie, venture debt financing of €25 million to Fairmat, a French company pioneering the recycling of carbon fibre composite materials, and a €75 million loan to improve solid waste management in Benin.

    Earlier this year, the EIB’s Board of Directors also approved an action plan to step up support for critical raw materials (CRM) with the aim of doubling annual financing for such projects – including circular solutions – to €2 billion. The plan also includes a new CRM Task Force and a dedicated one-stop shop to build and manage a pipeline of CRM operations and advisory activities and increased technical expertise and partnerships

    Join the EIB at WCEF 202

    Vice-President Fayolle is leading the EIB’s participation, starting with a panel at the opening plenary on 13 May. In total, EIB experts will take part in more than 10 sessions. The full list of sessions with EIB speakers is available here.

    People on site can meet staff of the EIB at its stand at the OCA in the Ibirapuera park in São Paulo on 13-14 May.

    For interview requests, please reach out to the press contact below.

    For more information about the EIB’s support to the circular economy visit: Circular economy (eib.org)

    Background information  

    EIB 

    The European Investment Bank (ElB) is the long-term lending institution of the European Union, owned by its Member States. Built around eight core priorities, we finance investments that contribute to EU policy objectives by bolstering climate action and the environment, digitalisation and technological innovation, security and defence, cohesion, agriculture and bioeconomy, social infrastructure, high-impact investments outside the European Union, and the capital markets union.  

    The EIB Group, which also includes the European Investment Fund (EIF), signed nearly €89 billion in new financing for over 900 high-impact projects in 2024, boosting Europe’s competitiveness and security.  

    All projects financed by the EIB Group are in line with the Paris Climate Agreement, as pledged in our Climate Bank Roadmap. Almost 60% of the EIB Group’s annual financing supports projects directly contributing to climate change mitigation, adaptation, and a healthier environment.  

    Fostering market integration and mobilising investment, the Group supported a record of over €100 billion in new investment for Europe’s energy security in 2024 and mobilised €110 billion in growth capital for startups, scale-ups and European pioneers. Approximately half of the EIB’s financing within the European Union is directed towards cohesion regions, where per capita income is lower than the EU average.

    High-quality, up-to-date photos of our headquarters for media use are available here.

    MIL OSI Europe News

  • MIL-OSI Europe: Answer to a written question – Commission’s response to the impact of the Digital Markets Act (DMA) on the competitiveness of EU businesses – E-001325/2025(ASW)

    Source: European Parliament

    The Digital Markets Act (DMA)[1] aims to establish fair and contestable digital markets in the EU and to support businesses, including small and medium-sized enterprises that depend on large online platforms for digital advertisement. As such, the DMA aims to create a more dynamic advertising market that offers more transparency and, potentially lower cost, via alternatives to gatekeepers’ advertising services.

    T he DMA does not ban personalised advertisement. It gives users the choice whether to grant access to their personal data for targeted advertising purposes. Targeted advertising exploits personal data of users and it is therefore important that users should be asked if they agree to it. If users decide that, their personal data should not be used for personalised advertisement, advertisers can still reach them, but they must do so with an equivalent but less personalised alternative, respecting the users’ choice.

    In the case of Meta, the Commission has found that its binary ‘Consent or Pay’ model is not compliant with the DMA, as it does not offer a less personalised but equivalent alternative of its social networks[2]. Users who do not want their personal data to be used for targeting advertisements are asked to pay a price and advertisers cannot reach them at all.

    The Commission’s assessment is independent from the Court judgment in case of Meta Inc and Others,[3] which does not approve of subscription models under all circumstances, and which concerns the General Data Protection Regulation[4] and competition law, not the DMA.

    • [1] See https://digital-markets-act.ec.europa.eu/index_en.
    • [2] See https://ec.europa.eu/commission/presscorner/detail/en/ip_25_1085.
    • [3] See Case C-252/21, https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=celex:62021CJ0252.
    • [4] Regulation (EU) 2016/679, OJ L 119, 04.05.2016.
    Last updated: 13 May 2025

    MIL OSI Europe News

  • MIL-OSI: Satellogic Reports First Quarter 2025 Financial Results and Provides Business Update

    Source: GlobeNewswire (MIL-OSI)

    Revenue of $3.4 million in 1Q 2025

    Domestication to U.S. Completed

    Awarded $30 Million Contract for AI-First Constellation and Closed $20 Million Registered Direct Offering

    NEW YORK, May 13, 2025 (GLOBE NEWSWIRE) — Satellogic Inc. (NASDAQ: SATL), a leader in sub-meter resolution Earth Observation (“EO”) data collection, today provided a business update and reported its financial results for the three months ended March 31, 2025.

    “The year is off to a great start with our recent announcements in April related to our $30 million low latency, near-daily AI-first constellation contract, our sovereign defense and intelligence imagery sales to Brazil and Singapore, and the closing of a registered direct offering in which we received $20 million in gross proceeds, which further strengthened our liquidity position. These milestones, coupled with the completion of our domestication during the first quarter, positions Satellogic to focus on significant growth opportunities, underscoring the value of our data insights and technology,” said Satellogic CEO, Emiliano Kargieman.

    Rick Dunn, Chief Financial Officer, added, “In terms of financial results, we ended the quarter with $17.7 million of cash on hand (which does not include the proceeds from the aforementioned offering) and continued to reduce our cash used in operations by $5.4 million, or 53%, compared to the three months ended March 31, 2024. Our revenue also increased modestly by 2% to $3.4 million compared to the prior year period.”

    “We expect that our revenue for 2025 will largely be dependent on closing opportunities within our Space Systems line of business, which we anticipate will contribute considerable per unit cash flow and strong gross margin. As we look to 2025 and beyond, management continues to focus on near-term growth opportunities and moving the Company forward on a path to profitability,” concluded Dunn.

    Financial Results for the Three Months Ended March 31, 2025

    • Revenue for the three months ended March 31, 2025, increased by $0.1 million, or 2%, to $3.4 million, as compared to revenue of $3.3 million for the three months ended March 31, 2024. The increase was driven primarily by a $0.4 million increase in imagery ordered by new and existing Asset Monitoring customers, partially offset by a $0.4 million decrease in revenue generated from the Space Systems business line. Revenue for the three months ended March 31, 2025 included $2.6 million attributable to our Asset Monitoring line of business, $0.4 million attributable to our Space Systems line of business, and $0.4 million attributable to our CaaS line of business compared to $2.2 million, $0.7 million and $0.4 million, respectively, in the prior period.
    • Cost of Sales, exclusive of depreciation, decreased $0.1 million, or 5%, to $1.2 million for the three months ended March 31, 2025 from $1.3 million for the three months ended March 31, 2024. The decrease was driven primarily by lower Space Systems costs on lower sales volume, partially offset by higher outsourced ground station costs. However, as a percentage of revenue, our cost of sales were 37% for the three months ended March 31, 2025, as compared to 39% for the three months ended March 31, 2024.
    • Selling, General and Administrative expenses decreased $2.9 million, or 31%, to $6.5 million during the three months ended March 31, 2025, from $9.4 million for the three months ended March 31, 2024. The decrease was driven primarily by a $0.5 million decrease in professional fees consisting mainly of the accrued advisory fee pursuant to the Liberty Subscription Agreement and professional fees related to the secured convertible notes in 2024, partially offset by professional fees related to our domestication in 2025. The decrease was also partially driven by decreases in salaries, wages, stock-based compensation and other benefits as a result of the Company’s workforce reductions in 2024 and other expense reductions resulting from continued cash control measures during 2024.
    • Engineering expenses decreased $1.9 million, or 43%, to $2.5 million for the three months ended March 31, 2025 from $4.4 million for the three months ended March 31, 2024. The decrease was driven primarily by a decrease in salaries, wages, and other benefits and stock-based compensation as a result of the Company’s workforce reductions in 2024. The decrease was also partially driven by other expense reductions resulting from continued cash control measures during 2024, including the termination of our high-throughput plant lease in the Netherlands.
    • Net loss for the three months ended March 31, 2025, increased by $17.4 million to $32.6 million, as compared to a net loss of $15.2 million for the three months ended March 31, 2024. The increase was primarily driven by an increase in the change in fair value of financial instruments ($21.6 million) and other (expense) income, net ($1.6 million) offset by increases in revenue and decreases in operating costs.
    • Non-GAAP Adjusted EBITDA loss for the three months ended March 31, 2025, improved by $3.1 million to $6.1 million, from an Adjusted EBITDA loss of $9.1 million for the three months ended March 31, 2024, primarily due to year-over-year increases in revenue and decreases in operating expenses.
    • Cash and Cash Equivalents were $17.7 million at March 31, 2025, compared to $22.5 million at December 31, 2024.
    • Net cash used in operating activities was $4.7 million for the three months ended March 31, 2025, compared to $10.1 million for the three months ended December 31, 2024. This decline in net cash used by operations was primarily due to workforce reduction and overall cost control initiatives.

    Use of Non-GAAP Financial Measures

    We monitor a number of financial performance and liquidity measures on a regular basis in order to track the progress of our business. Included in these financial performance and liquidity measures are the non-GAAP measures, Non-GAAP EBITDA and Non-GAAP Adjusted EBITDA. We believe these measures provide analysts, investors and management with helpful information regarding the underlying operating performance of our business, as they provide meaningful supplemental information regarding our performance and liquidity by removing the impact of items that we believe are not reflective of our underlying operating performance. The non-GAAP measures are used by us to evaluate our core operating performance and liquidity on a comparable basis and to make strategic decisions. The non-GAAP measures also facilitate company-to-company operating performance comparisons by backing out potential differences caused by variations such as capital structures, taxation, depreciation, capital expenditures and other non-cash items (i.e., embedded derivatives, debt extinguishment and stock-based compensation) which may vary for different companies for reasons unrelated to operating performance. However, different companies may define these terms differently and accordingly comparisons might not be accurate. Non-GAAP EBITDA and Non-GAAP Adjusted EBITDA are not intended to be a substitute for any GAAP financial measure. For the definitions of Non-GAAP EBITDA and Non-GAAP Adjusted EBITDA and reconciliations to the most directly comparable GAAP measure, net loss, see below.

    We define Non-GAAP EBITDA as net loss excluding interest, income taxes, depreciation and amortization. We did not incur amortization expense during the years ended December 31, 2024 and 2023.

    We define Non-GAAP Adjusted EBITDA as Non-GAAP EBITDA further adjusted for professional fees related to the secured convertible notes, other expense (income), net, changes in the fair value of financial instruments and stock-based compensation. Other expense (income), net includes foreign exchange gain or loss and other non-operating income and expenses not considered indicative of our ongoing operational performance.

    The following table presents a reconciliation of Non-GAAP EBITDA and Non-GAAP Adjusted EBITDA to its net loss for the periods indicated.

      Three Months Ended March 31,
    (in thousands of U.S. dollars)   2025       2024  
    Net loss available to stockholders $ (32,581 )   $ (15,178 )
    Interest expense         9  
    Income tax expense   715       1,433  
    Depreciation expense   2,687       2,845  
    Non-GAAP EBITDA $ (29,179 )   $ (10,891 )
    Professional fees related to Secured Convertible Notes         971  
    Other expense (income), net   167       (1,401 )
    Change in fair value of financial instruments   22,361       752  
    Stock-based compensation   595       1,446  
    Non-GAAP Adjusted EBITDA $ (6,056 )   $ (9,123 )
     

    About Satellogic

    Founded in 2010 by Emiliano Kargieman and Gerardo Richarte, Satellogic (NASDAQ: SATL) is the first vertically integrated geospatial company, driving real outcomes with planetary-scale insights. Satellogic is creating and continuously enhancing the first scalable, fully automated EO platform with the ability to remap the entire planet at both high-frequency and high-resolution, providing accessible and affordable solutions for customers.

    Satellogic’s mission is to democratize access to geospatial data through its information platform of high-resolution images to help solve the world’s most pressing problems including climate change, energy supply, and food security. Using its patented Earth imaging technology, Satellogic unlocks the power of EO to deliver high-quality, planetary insights at the lowest cost in the industry.

    With more than a decade of experience in space, Satellogic has proven technology and a strong track record of delivering satellites to orbit and high-resolution data to customers at the right price point.

    To learn more, please visit: http://www.satellogic.com

    Forward-Looking Statements

    This press release contains “forward-looking statements” within the meaning of the U.S. federal securities laws. The words “anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “intends”, “may”, “might”, “plan”, “possible”, “potential”, “predict”, “project”, “should”, “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements are based on Satellogic’s current expectations and beliefs concerning future developments and their potential effects on Satellogic and include statements concerning Satellogic’s strategic realignment as a U.S. company, and the visibility and high growth opportunities it will provide in connection therewith. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. These statements are based on various assumptions, whether or not identified in this press release. These forward-looking statements are provided for illustrative purposes only and are not intended to serve, and must not be relied on by an investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Satellogic. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) our ability to generate revenue as expected, including due to challenges created by macroeconomic concerns, geopolitical uncertainty (e.g., trade relationships), financial market fluctuations and related factors, (ii) our ability to effectively market and sell our EO services and to convert contracted revenues and our pipeline of potential contracts into actual revenues, (iii) risks related to the secured convertible notes, (iv) the potential loss of one or more of our largest customers, (v) the considerable time and expense related to our sales efforts and the length and unpredictability of our sales cycle, (vi) risks and uncertainties associated with defense-related contracts, (vii) risk related to our pricing structure, (viii) our ability to scale production of our satellites as planned, (ix) unforeseen risks, challenges and uncertainties related to our expansion into new business lines, (x) our dependence on third parties, including SpaceX, to transport and launch our satellites into space, (xi) our reliance on third-party vendors and manufacturers to build and provide certain satellite components, products, or services and the inability of these vendors and manufacturers to meet our needs, (xii) our dependence on ground station and cloud-based computing infrastructure operated by third pirates for value-added services, and any errors, disruption, performance problems, or failure in their or our operational infrastructure, (xiii) risk related to certain minimum service requirements in our customer contracts, (xiv) market acceptance of our EO services and our dependence upon our ability to keep pace with the latest technological advances, including those related to artificial intelligence and machine learning, (xv) our ability to identify suitable acquisition candidates or consummate acquisitions on acceptable terms, or our ability to successfully integrate acquisitions, (xvi) competition for EO services, (xvii) challenges with international operations or unexpected changes to the regulatory environment in certain markets, (xviii) unknown defects or errors in our products, (xix) risk related to the capital-intensive nature of our business and our ability to raise adequate capital to finance our business strategies, (xx) uncertainties beyond our control related to the production, launch, commissioning, and/or operation of our satellites and related ground systems, software and analytic technologies, (xxi) the failure of the market for EO services to achieve the growth potential we expect, (xxii) risks related to our satellites and related equipment becoming impaired, (xxiii) risks related to the failure of our satellites to operate as intended, (xxiv) production and launch delays, launch failures, and damage or destruction to our satellites during launch, (xxv) the impact of natural disasters, unusual or prolonged unfavorable weather conditions, epidemic outbreaks, terrorist acts and geopolitical events (including the ongoing conflicts between Russia and Ukraine, in the Gaza Strip and the Red Sea region) on our business and satellite launch schedules and (xxvi) the anticipated benefits of the domestication may not materialize. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of Satellogic’s Annual Report on Form 10-K and other documents filed or to be filed by Satellogic from time to time with the Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Satellogic assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Satellogic can give no assurance that it will achieve its expectations.

    Contacts

    Investor Relations:

    Ryan Driver, VP of Strategy & Corporate Development
    ryan.driver@satellogic.com

    Media Relations:

    Satellogic
    pr@satellogic.com

    SATELLOGIC INC.
    CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
    UNAUDITED
     
      Three Months Ended March 31,
    (in thousands of U.S. dollars, except share and per share amounts)   2025       2024  
    Revenue $ 3,387     $ 3,328  
    Costs and expenses      
    Cost of sales, exclusive of depreciation shown separately below   1,237       1,305  
    Selling, general and administrative   6,485       9,389  
    Engineering   2,493       4,387  
    Depreciation expense   2,687       2,845  
    Total costs and expenses   12,902       17,926  
    Operating loss   (9,515 )     (14,598 )
    Other (expense) income, net      
    Interest income, net   177       204  
    Change in fair value of financial instruments   (22,361 )     (752 )
    Other (expense) income, net   (167 )     1,401  
    Total other (expense) income, net   (22,351 )     853  
    Loss before income tax   (31,866 )     (13,745 )
    Income tax expense   (715 )     (1,433 )
    Net loss available to stockholders $ (32,581 )   $ (15,178 )
    Other comprehensive loss      
    Foreign currency translation gain (loss), net of tax   257       (137 )
    Comprehensive loss $ (32,324 )   $ (15,315 )
           
    Basic net loss per share for the period attributable to holders of Common Stock $ (0.34 )   $ (0.17 )
    Basic weighted-average Common Stock outstanding   96,655,349       90,331,496  
    Diluted net loss per share for the period attributable to holders of Common Stock $ (0.34 )   $ (0.17 )
    Diluted weighted-average Common Stock outstanding   96,655,349       90,331,496  
    SATELLOGIC INC.
    CONDENSED CONSOLIDATED BALANCE SHEETS
    UNAUDITED
     
      March 31,   December 31,
    (in thousands of U.S. dollars, except per share and par value amounts)   2025       2024  
    ASSETS      
    Current assets      
    Cash and cash equivalents $ 17,716     $ 22,493  
    Restricted cash   305        
    Accounts receivable, net of allowance of $148 and $148, respectively   1,799       1,464  
    Prepaid expenses and other current assets   4,274       3,907  
    Total current assets   24,094       27,864  
    Property and equipment, net   25,802       27,228  
    Operating lease right-of-use assets   6,538       877  
    Other non-current assets   4,968       5,722  
    Total assets $ 61,402     $ 61,691  
    LIABILITIES AND STOCKHOLDERS’ (DEFICIT) EQUITY      
    Current liabilities      
    Accounts payable $ 3,742     $ 3,754  
    Warrant liabilities   14,902       11,511  
    Earnout liabilities   1,992       1,501  
    Operating lease liabilities   989       363  
    Contract liabilities   6,308       5,871  
    Accrued expenses and other liabilities   13,661       11,621  
    Total current liabilities   41,594       34,621  
    Secured Convertible Notes at fair value   96,590       79,070  
    Operating lease liabilities   5,812       516  
    Other non-current liabilities   498       516  
    Total liabilities   144,494       114,723  
    Commitments and contingencies      
    Stockholders’ (deficit) equity      
    Preferred stock, $0.0001 par value, 5,000,000 shares authorized, 0 shares issued and outstanding as of December 31, 2024 and December 31, 2023          
    Class A Common Stock, $0.0001 par value, 385,000,000 shares authorized, 84,451,437 shares issued and 83,883,614 shares outstanding as of March 31, 2025 and 83,000,501 shares issued and 82,432,678 shares outstanding as of December 31, 2024          
    Class B Common Stock, $0.0001 par value, 15,000,000 shares authorized, 13,582,642 shares issued and outstanding as of March 31, 2025 and December 31, 2024          
    Treasury stock, at cost, 567,823 shares as of March 31, 2025 and 567,823 shares as of December 31, 2024   (8,603 )     (8,603 )
    Additional paid-in capital   358,511       356,247  
    Accumulated other comprehensive loss   (314 )     (571 )
    Accumulated deficit   (432,686 )     (400,105 )
    Total stockholders’ (deficit) equity   (83,092 )     (53,032 )
    Total liabilities and stockholders’ (deficit) equity $ 61,402     $ 61,691  
    SATELLOGIC INC.
    CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
    UNAUDITED
     
      Three Months Ended March 31,
    (in thousands of U.S. dollars)   2025       2024  
    Cash flows from operating activities:      
    Net loss $ (32,581 )   $ (15,178 )
    Adjustments to reconcile net loss to net cash used in operating activities:      
    Depreciation expense   2,687       2,845  
    Operating lease expense   421       538  
    Stock-based compensation   595       1,446  
    Change in fair value of financial instruments, net of interest paid on Secured Convertible Notes   20,691       752  
    Foreign exchange differences   (188 )     (643 )
    Loss on disposal of property and equipment   28       78  
    Expense for estimated credit losses on accounts receivable, net of recoveries         16  
    Non-cash change in contract liabilities   (46 )     (501 )
    Other, net         56  
    Changes in operating assets and liabilities:      
    Accounts receivable   (21 )     (932 )
    Prepaid expenses and other current assets   830       (377 )
    Accounts payable   569       1,764  
    Contract liabilities   438       (25 )
    Accrued expenses and other liabilities   2,024       601  
    Operating lease liabilities   (169 )     (555 )
    Net cash used in operating activities   (4,722 )     (10,115 )
    Cash flows from investing activities:      
    Purchases of property and equipment   (1,913 )     (1,942 )
    Net cash used in investing activities   (1,913 )     (1,942 )
    Cash flows from financing activities:      
    Proceeds from issuance of Common Stock under ATM Program, net of transaction costs   1,143        
    Payments for withholding taxes related to the net share settlement of equity awards   (375 )     (184 )
    Proceeds from exercise of stock options   916        
    Net cash provided by (used in) financing activities   1,684       (184 )
    Net (decrease) increase in cash, cash equivalents and restricted cash   (4,951 )     (12,241 )
    Effect of foreign exchange rate changes on cash and cash equivalents   177       542  
    Cash, cash equivalents and restricted cash – beginning of period   23,682       24,603  
    Cash, cash equivalents and restricted cash – end of period $ 18,908     $ 12,904  

    The MIL Network

  • MIL-OSI Security: International coalition uncovers EUR 3 million online investment fraud

    Source: Eurojust

    Using the method of cyber trading, the group was able to make considerable profits and defraud victims of their substantial savings. The criminals created a fake online trading platform that promised large profits in a short period of time. After initially transferring modest sums of money to the platform, victims are then persuaded by fake charts that they will make large profits. Using psychological pressure, fake brokers call their victims to convince them to transfer higher amounts to the platform. The money transferred by the victims is never invested and instead goes directly to the criminal group. Authorities are aware of approximately 100 victims, but they believe more people have fallen victim to the OCG. 

    German authorities started investigating the fake platform after a married couple reported the scam to the police. The initial investigation focused on the holder of the bank account to which the couple had transferred their savings. The authorities soon uncovered an international criminal group behind the fake investment platform. On 6 September 2022, during the first action day in this investigation, authorities searched multiple locations in Belgium and Latvia, arrested two suspects and seized important evidence. This evidence was instrumental in identifying seven more members of the criminal group, including the managers of the call centres used to convince victims to invest more money. 

    The second action day took place on 13 May 2025. A total of eight searches took place simultaneously in Albania, Cyprus and Israel and executed six interrogations.  During the searches, authorities seized evidence to continue the investigation such as electronic devices and documents as well as cash.  A suspect in Cyprus was arrested with the intention of either surrendering or extraditing them to Germany. Investigations into the investment fraud will continue. 

    As victims were identified across the world and the group operated globally, international cooperation was essential. Eurojust ensured that judicial authorities worked together smoothly and efficiently from the start of the investigation in 2022. For the second phase of the investigation, Eurojust facilitated all judicial cooperation requests and coordinated the action day from its headquarters in The Hague. Europol provided operational support throughout the investigation, deploying mobile offices in Israel, Albania and the United Kingdom. A virtual command post was also set up by Europol to facilitate real-time coordination and intelligence sharing.

    The following authorities carried out the operations:

    • Germany: Public Prosecutor’s Office at the Itzehoe Regional Court, Department for Combating Cybercrime; District Criminal Investigation Office Kiel
    • Cyprus: Attorney General’s Office; Cyprus Police; Unit for Combating Money Laundering (MOKAS)
    • Albania: Special Prosecution Office against Corruption and Organised Crime
    • United Kingdom: National Crime Agency
    • Israel: Israeli Police –  National Cybercrime Unit, LAHAV 433 together with the Coordination and Operational Division in the Intelligence Branch

    This operation was carried out as part of the European Multidisciplinary Platform Against Criminal Threats (EMPACT).

    EMPACT tackles the most important threats posed by organised and serious international crime affecting the European Union. EMPACT strengthens intelligence and strategic and operational cooperation between national authorities, EU institutions and bodies, and international partners. EMPACT runs in four-year cycles focusing on common EU crime priorities. Fraud, economic and financial crimes are among the priorities for the 2022-2025 Policy Cycle.

    MIL Security OSI