Category: Transport

  • MIL-OSI Europe: Written question – Simplifying REACH – E-000689/2025

    Source: European Parliament

    Question for written answer  E-000689/2025
    to the Commission
    Rule 144
    Massimiliano Salini (PPE)

    According to the Competitiveness Compass, one of the flagship actions that the Commission will present in 2025 is the ‘chemicals industry package’, a key component of which is the simplification of the REACH regulation. This measure is designed to secure the competitiveness of the chemicals industry, as well as to safeguard human and environmental health.

    Given the vital significance of the package, it is essential that the Commission involve stakeholders, analyse the information gathered, carry out fitness checks, perform stress tests and prepare thorough impact assessments before revealing new initiatives, in line with the Better Regulation Guidelines. More specifically, the aim should be to reduce regulatory complexity and cut red tape, particularly for SMEs, while maintaining high safety and environmental protection standards.

    As part of the Competitiveness Compass, the Commission has announced a new SME and competitiveness check to act as a stronger filter for new initiatives.

    In light of the above:

    • 1.When drawing up and implementing the legislative proposal on simplifying REACH, will the Commission see to it that the Better Regulation Guidelines, including the new SME and competitiveness check, are applied in full?
    • 2.In particular, can it provide assurances that the initiative will involve extensive consultations with stakeholders, rigorous analyses and robust impact assessments, in line with the requirements laid down in the guidelines?

    Submitted: 13.2.2025

    Last updated: 27 February 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Denmark: Norlase secures €20 million EIB venture debt to advance ophthalmic laser technology.

    Source: European Investment Bank

    • Denmark’s med-tech sector receives a boost as Norlase strengthens its position in the global ophthalmic laser market with EIB venture debt financing.
    • Norlase will employ the funding for the further development and market access of its innovative portable ophthalmic laser technology.
    • The EIB’s financing is backed under the European Commission’s InvestEU initiative.

    Med-tech company Norlase, a spin-out of the Technical University of Denmark (DTU), has signed a €20 million venture debt financing with the European Investment Bank (EIB). The funding will support the expansion of Norlase’s innovative ophthalmic laser technology, reinforcing Denmark’s position as a hub for world-class med-tech innovation. Ensuring that European companies developing critical technology have the possibility and funding to grow in the EU, is an important building block in European strategic autonomy. The EIB financing is supported by the European Commission’s InvestEU programme.

    “Denmark’s efforts in building up its bio- and med-tech ecosystem are definitely paying dividends today. Like other Danish companies we recently financed, Norlase’s technology is top of its class and a real example of excellence in European innovation.” said EIB Vice-President Ioannis Tsakiris. “With the support of InvestEU, the EIB finances projects that advance state-of-the-art medical treatment, and this funding aims to enhance the position of Norlase as a European med-tech champion.”

    “As the patient burden continues to grow, the need to accelerate technological innovation in eye care has never been greater. With four product launches in just five years and rapid adoption by the ophthalmic community, Norlase is leading this transformation,” said Norlase CEO and Co-founder Oliver Hvidt. “This funding from the EIB allows us to scale our global presence and push even further beyond the limits of existing technology, solidifying Norlase’s role as a leader in the future of eye care. We’re just getting started.”

    The Head of the European Commission Representation to Denmark, Per Haugaard, added: “It’s crucial that European companies develop critical technology and that we secure investments in med-tech companies like Norlase across the continent.”

    On a technical level, the financing will support the development and market access of Norlase’s innovative portable ophthalmic lasers, designed to diagnose and treat causes of vision loss and blindness. The project focuses on advancing novel ophthalmic laser technologies and expanding production facilities to support increased demand. The company recently launched its fourth and most innovative device, LYNX, which can reduce treatment time by more than 50%, setting new standards for efficiency, accessibility, and precision in ophthalmic laser treatments.

    Background information

    The European Investment Bank is the long-term lending institution of the European Union, owned by its Member States. It finances investments that contribute to EU policy objectives. EIB projects bolster competitiveness, drive innovation, promote sustainable development, enhance social and territorial cohesion, contribute to peace and security, and support a just and swift transition to climate neutrality. The Group’s AAA rating allows it to borrow at favourable conditions on the global markets, benefiting its clients within the European Union and beyond. The Group has the highest ESG standards and a tier one capital ratio of 32%.

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

    The InvestEU programme provides the European Union with crucial long-term funding by leveraging substantial private and public funds in support of a sustainable economy. It helps generate additional investments in line with EU policy priorities, such as the European Green Deal, the digital transition and support for small and medium-sized enterprises. InvestEU brings all EU financial instruments together under one roof, making funding for investment projects in Europe simpler, more efficient, and more flexible. The programme consists of three components: the InvestEU Fund, the InvestEU Advisory Hub, and the InvestEU Portal. The InvestEU Fund is implemented through financial partners who invest in projects using the EU budget guarantee of €26.2 billion. This guarantee increases their risk-bearing capacity, thus mobilising at least €372 billion in additional investment.

    Norlase was founded in Denmark to commercialize patented laser technology developed at the Technical University of Denmark (DTU) and its products are now in use in the top ophthalmic hospitals globally.

    MIL OSI Europe News

  • MIL-OSI Europe: REPORT on the European Semester for economic policy coordination: employment and social priorities for 2025 – A10-0023/2025

    Source: European Parliament

    MOTION FOR A EUROPEAN PARLIAMENT RESOLUTION

    on the European Semester for economic policy coordination: employment and social priorities for 2025

    (2024/2084(INI))

    The European Parliament,

     having regard to Article 3 of the Treaty on European Union (TEU),

      having regard to Articles 9, 121, 148 and 149 of the Treaty on the Functioning of the European Union (TFEU),

     having regard to the European Pillar of Social Rights (EPSR) proclaimed and signed by the Council, Parliament and the Commission on 17 November 2017,

     having regard to the Commission communication of 4 March 2021 entitled ‘The European Pillar of Social Rights Action Plan’ (COM(2021)0102) and its proposed 2030 headline targets on employment, skills and poverty reduction,

     having regard to the Commission communication of 17 December 2024 entitled ‘2025 European Semester – Autumn package’ (COM(2024)0700),

     having regard to the Commission communication of 26 November 2024 entitled ‘2025 European Semester: bringing the new economic governance framework to life’ (COM(2024)0705),

      having regard to the Commission proposal of 17 December 2024 for a joint employment report from the Commission and the Council (COM(2024)0701),

     having regard to the Commission recommendation of 17 December 2024 for a Council recommendation on the economic policy of the euro area (COM(2024)0704),

      having regard to the Commission report of 17 December 2024 entitled ‘Alert Mechanism Report 2025’ (COM(2024)0702),

      having regard to the Commission staff working document of 26 November 2024 entitled ‘Fiscal statistical tables providing relevant background data for the assessment of the 2025 draft budgetary plans’ (SWD(2024)0950),

     having regard to the Commission staff working document of 17 December 2024 on the changes in the scoreboard the Macroeconomic Imbalance Procedure Scoreboard in the context of the regular review process (SWD(2024)0702),

     having regard to its resolution of 22 October 2024 on the Council position on Draft amending budget No 4/2024 of the European Union for the financial year 2024 – update of revenue (own resources) and adjustments to some decentralised agencies[1],

     having regard to Mario Draghi’s report of 9 September 2024 entitled ‘The future of European competitiveness’,

     having regard to Enrico Letta’s report of April 2024 on the future of the single market[2],

     having regard to the La Hulpe Declaration on the Future of the European Pillar of Social Rights signed by Parliament, the Commission, the European Economic and Social Committee and the Council on 16 April 2024,

     having regard to the Regulation (EU) 2023/955 of the European Parliament and of the Council of 10 May 2023 establishing a Social Climate Fund and amending Regulation (EU) 2021/1060[3],

     having regard to the Regulation (EU) 2024/1263 of the European Parliament and of the Council of 29 April 2024 on the effective coordination of economic policies and on multilateral budgetary surveillance and repealing Council Regulation (EC) No 1466/97[4], and in particular to Articles 3, 4, 13 and 27 thereof,

     having regard to the Commission communication of 17 January 2023 entitled ‘Harnessing talent in Europe’s regions’ (COM(2023)0032),

     having regard to the Commission communication of 20 March 2023 entitled ‘Labour and skills shortages in the EU: an action plan’ (COM(2024)0131),

     having regard to the 2020 European Skills Agenda,

     having regard to the Commission communication of 7 September 2022 on the European care strategy (COM(2022)0440),

     having regard to the Council Recommendation on access to affordable, high-quality long-term care[5],

     having regard to the EU Social Scoreboard and its headline and secondary indicators,

     having regard to the Commission communication of 3 March 2021 entitled ‘Union of Equality: Strategy for the Rights of Persons with Disabilities 2021-2030’ (COM(2021)0101),

     having regard to the Commission report of 19 September 2024 entitled ‘Employment and Social Developments in Europe (ESDE): upward social convergence in the EU and the role of social investment’,

     having regard to the Council Decision on Employment Guidelines, adopted by the Employment, Social Policy, Health and Consumer Affairs Council on 2 December 2024, which establishes employment and social priorities aligned with the principles of the EPSR,

     having regard to the Tripartite Declaration for a thriving European Social Dialogue and to the forthcoming pact on social dialogue,

     having regard to Directive (EU) 2022/2041 of the European Parliament and of the Council of 19 October 2022 on adequate minimum wages in the European Union[6] (Minimum Wage Directive),

     having regard to the European Social Charter, referred to in the preamble of the EPSR,

     having regard to the EU Roma strategic framework for equality, inclusion and participation for 2020-2030,

     having regard to the United Nations Sustainable Development Goals (SDGs),

     having regard to the Gender Equality Strategy 2020-2025,

     having regard to the EU Anti-Racism Action Plan 2020-2025,

     having regard to the LGBTIQ Equality Strategy 2020-2025,

     having regard to Rule 55 of its Rules of Procedure,

     having regard to the report of the Committee on Employment and Social Affairs (A10-0023/2025),

    A. whereas progress has been made towards achieving the EU’s employment targets, namely that at least 78 % of people aged 20 to 64 should be in employment by 2030, despite the uncertainty created by Russia’s war of aggression against Ukraine and the impact of high inflation; whereas, according to the Commission’s 2025 autumn economic forecast, EU employment has reached a rate of 75.3 %; whereas growth in employment in the EU remained robust in 2023; whereas in two thirds of the Member States, employment growth in 2023 was on track to reach the national 2030 target; whereas significant challenges nevertheless persist, such as high unemployment rates in some Member States, particularly among young people and persons with disabilities, as do significant inequalities between sectors and regions, which can negatively affect social cohesion and the well-being of European citizens in the long term;

    B. whereas the European Semester combines various different instruments in an integrated framework for multilateral coordination and surveillance of economic, employment and social policies within the EU and it must become a key tool for fostering upward social convergence; whereas the Social Convergence Framework is a key tool for assessing social challenges and upward convergence within the European Semester and for monitoring social disparities across Member States, while addressing the challenges identified in the Joint Employment Report (JER);

    C. whereas the Union has adopted the 2030 target of reducing the number of people at risk of poverty and social exclusion by at least 15 million compared to 2019, including at least 5 million children; whereas in nearly half of the Member States the trend is heading in the opposite direction; whereas one child in four in the European Union is still at risk of poverty and social exclusion; and whereas the current trend will not make it possible to meet the 2030 target; whereas public spending on children and youth should not be seen only as social expenditure but as an investment in the future; whereas the promotion of strong, sustainable and inclusive economic growth can succeed only if the next generation can develop their full educational potential in order to be prepared for the changing labour market, whereas to meet the 2030 Barcelona targets for early childhood education and care, the EU should invest an additional EUR 11 billion per year[7];

    D. whereas despite a minimal reduction in the number of people at risk of poverty or social exclusion in the EU in 2023, approximately one in five still faces this challenge, with notable disparities for children, young and older people, persons with disabilities, LGTBI, non-EU born individuals, and Roma communities;

    E. whereas significant disparities are observed among children from ethnic or migrant backgrounds and children with disabilities; whereas 83 % of Roma children live in households at risk of poverty; whereas the EU and national resources currently deployed are in no way sufficient for addressing the challenge of child poverty in the EU and, therefore, a dedicated funding instrument for the European Child Guarantee as well as synergies with other European and national funds are of the utmost importance in both the current multiannual financial framework (MFF) and the next one;

    F. whereas the EPSR must be the compass guiding EU social and economic policies, whereas the Commission should monitor progress on the implementation of the EPSR using the Social Scoreboard and the Social Convergence Framework;

    G. whereas poor quality jobs among the self-employed are disproportionately widespread while the rate of self-employment is declining, including among young people;

    H. whereas there are still 1.4 million people residing in institutions in the EU; whereas residents of institutions are isolated from the broader community and do not have sufficient control over their lives and the decisions that affect them; whereas despite the fact that the European Union has long been committed to the process of deinstitutionalisation, efforts are still needed at both European and national level to enable vulnerable groups to live independently in a community environment;

    I. whereas demographic challenges, including an ageing population, low birth rates and rural depopulation, with young people in particular moving to urban areas, profoundly affect the economic vitality and attractiveness of EU regions, the labour markets, and consequently, the sustainability of welfare systems, and further aggravate the regional disparities in the EU, and hence represent a structural challenge for the EU economy; and whereas, as underlined in the Draghi report, sustainable growth and competitiveness in Europe depend to a large extent on adapting education and training systems to evolving skills needs, prioritising adult learning and vocational education and training, and the inclusion of the active population in the labour market and on a robust welfare system;

    J. whereas, as highlighted in the Draghi report, migrant workers have been an important factor in reducing labour shortages and are more likely to work in occupations with persistent shortages than workers born in the EU;

    K. whereas 70 % of workers in Europe are in good-quality jobs, 30 % are in high-strain jobs where demands are more numerous than resources available to balance them leading to overall poor job quality; whereas in many occupations suffering from persistent labour shortages the share of low-quality jobs is higher than 30 %;

    L. whereas the Letta report states that there is a decline in the birth rate, noting the importance of creating a framework to support all families as part of a strategy of inclusive growth in line with the EPSR; whereas the report notes that the free movement of people remains the least developed of the four freedoms and argues for reducing barriers to intra-EU occupational mobility while addressing the social, economic and political challenges facing the sending Member States and their most disadvantaged regions, as well as safeguarding the right to stay; whereas there is a need to promote family-friendly and work-life balance policies, ensuring accessible and professional care systems as well as public quality education, family-related leave and flexible working arrangements in line with the European Care Strategy;

    M. whereas inflation has increased the economic burden on households, having a particularly negative impact on groups in vulnerable situations, such as single parents, large families, older people or persons with disabilities, whereas housing costs and energy poverty remain major problems; whereas housing is becoming unaffordable for those who live in households where housing costs account for 40 % of total disposable income; whereas investment in social services, housing supply – including social housing – and policies that facilitate the accessibility and affordability of housing play a key role in reducing poverty among vulnerable households;

    N. whereas the EU’s micro, small and medium-sized enterprises face particular challenges such as staying competitive against third-country players, maintaining production levels despite rising energy costs and finding the necessary skills for the green and digital transitions; whereas they need financial and technical support to comply with regulatory requirements and take advantage of the opportunities offered by the twin transitions;

    O. whereas labour and skills shortages remain a problem at all levels, and are reported by companies of all sizes and sectors; whereas these shortages are exacerbated by a lack of candidates to fill critical positions in key sectors such as education, healthcare, transport, science, technology, engineering and construction, especially in areas affected by depopulation; whereas these shortages can result from a number of factors, such as difficult working conditions, unattractive salaries, demand for new skill sets and a shortage of relevant training, the lack of public services, barriers of access to medium and higher education and lack of recognition of skills and education;

    P. whereas the Union has adopted the target that at least 60 % of adults should participate in training every year by 2030; whereas the Member States have committed themselves to national targets in order to achieve this headline goal and whereas the majority of Member States lost ground in the pursuit of these national targets; whereas further efforts are needed to ensure the provision of, and access to, quality training policies that promote lifelong learning; whereas upskilling, reskilling and training programmes must be available for all workers, including those with disabilities, and should also be adapted to workers’ needs and capabilities;

    Q. whereas in 2022, the average Programme for International Student Assessment (PISA) score across the OECD on the measures of basic skills (reading, mathematics and science) of 15-year-olds dropped by 10 points compared to the last wave in 2018; whereas underachievement is prevalent among disadvantaged learners, demonstrating a widening of educational inequalities; whereas this worrying deterioration calls for reforms and investments in education and training;

    R. whereas the EU’s capacity to deal with future shocks, crises and ‘polycrises’ while navigating the demographic, digital and green transitions, will depend greatly on the conditions under which critical workers will be able to perform their work; whereas addressing the shortages and retaining all types of talent requires decent working conditions, access to social protection systems, and opportunities for skills development tailored to the needs; and whereas addressing skills shortages is crucial to achieving the digital and green transitions, ensuring inclusive and sustainable growth and boosting the EU’s competitiveness;

    S. whereas it is essential to promote mobility within the EU and consider attracting skilled workers from third countries, while ensuring respect for and enforcement of labour and social rights and channelling third-country nationals entering the EU through legal migration pathways towards occupations experiencing shortages, supported by an effective integration policy, in full complementarity with harnessing talents from within the Union;

    T. whereas gender pay gaps remain considerable in most EU Member States and whereas care responsibilities are an important factor that continue to constrain women into part-time employment or lead to their exclusion from the labour market, resulting in a wider gender employment gap;

    U. whereas the JER highlights the right to disconnect, in particular in the context of telework, acknowledging the critical role of this right in ensuring a work-life balance in a context of increasing digitalisation and remote working;

    V. whereas challenges to several sectors, such as automotive manufacturing and energy intensive industries, became evident in 2024 and a number of companies announced large-scale restructuring;

    W. whereas there are disparities in the coverage of social services, including long-term care, child protection, domestic violence support, and homelessness aid, that need to be addressed through the European Semester;

    X. whereas there is currently no regular EU-wide collection of data on social services investment and coverage; whereas collecting such data is key for an evidence-based analysis of national social policies in the European Semester analysis; whereas this should be addressed through jointly agreed criteria and data collection standards for social services investment and coverage in the Member States; whereas the European Social Network’s Social Services Index is an example of how such data collection can contribute to the European Semester analysis;

    Y. whereas the crisis in generational renewal, demographic changes, and lack of sufficient investment in public services have led to an increased risk of poverty and social exclusion, particularly affecting children and older people, single-parent households and large families, the working poor, persons with disabilities, and people from marginalised backgrounds; whereas an ambitious EU anti-poverty strategy will be essential to reverse this trend and provide responses to the multidimensional phenomenon of poverty;

    Z. whereas Eurofound research shows that suicide rates have been creeping up since 2021, after decreasing for decades; whereas more needs to be done to address causes of mental health problems in working and living conditions (importantly social inclusion), and access to support for people with poor mental health remains a problem;

    AA. whereas there were still over 3 300 fatal accidents and almost 3 million nonfatal accidents in the EU-27 in 2021; whereas over 200 000 workers die each year from work-related illnesses; whereas these data do not include all accidents caused by undeclared work, making it plausible to assume that the true numbers greatly exceed the official statistics; whereas in 2017, according to Eurofound, 20 % of jobs in Europe were of ‘poor quality’ and put workers at increased risk regarding their physical or mental health; whereas 14 % of workers have been exposed to a high level of psychosocial risks; whereas 23 % of European workers believe that their safety or their health is at risk because of their work;

    AB. whereas the results of the April 2024 Eurobarometer survey on social Europe highlight that 88 % of European citizens consider social Europe to be important to them personally; whereas this was confirmed by the EU Post-Electoral Survey 2024, where European citizens cited rising prices and the cost of living (42 %) and the economic situation (41 %) as the main topics that motivated them to vote in the 2024 European elections;

    AC. whereas according to Article 3 TEU, social progress in the EU is one of the aims of a highly competitive social market economy, together with full employment, a high level of protection and improvement of the quality of the environment; whereas Article 3 TEU also states that the EU ‘shall combat social exclusion and discrimination, and shall promote social justice and protection, equality between women and men, solidarity between generations and protection of the rights of the child’;

    AD. whereas the new EU economic governance framework entered into force in April 2024 and aims to promote sustainable and inclusive growth and to give more space for social investment and achievement of the objectives of the EPSR; whereas, for the first time, the revision includes a social convergence framework as an integrated part of the European Semester;

    AE. whereas under the new EU economic governance framework, all Member States have to include reforms and investments in their medium-term plans addressing common EU priorities and challenges identified in country-specific recommendations in the context of the European Semester; whereas the common EU priorities include social and economic resilience, including the EPSR;

    AF. whereas European social partners, during Macroeconomic Dialogue, have denounced the lack of involvement of social partners in the drafting of the medium-term fiscal structural plans and ETUC, SMEUnited and SGIEurope have signed a joint statement for a material and factual involvement of social partners in the economic governance and the European Semester;

    AG. whereas public investment is expected to increase in 2025 in almost all Member States, with a significant contribution from NextGenerationEU’s Recovery and Resilience Facility (RRF) and EU funds and will contribute to social spending, amounting to around 25 % of the total estimated expenditure under the RRF, securing growth and economic resilience[8]; whereas social investments and reforms in key areas can boost employment, social inclusion, competitiveness and economic growth[9]; whereas social partners are essential for designing and implementing policies that promote sustainable and inclusive growth, decent and quality work, and fair transitions and must be involved at all levels of governance in accordance with the TFEU;

    AH. whereas the Member States should implement the Minimum Wage Directive without delay and prepare action plans that increase collective bargaining coverage in line with the directive, where applicable;

    AI. whereas according to the Organization for Economic Co-operation and Development (OECD), on average across OECD countries, occupations at highest risk of automation account for about 28 % of employment[10]; whereas social dialogue and collective bargaining are crucial in this context to ensure a participatory approach to managing change driven by technological developments, addressing potential concerns, while fostering workers’ adaptation (including via skills provision); whereas digitalisation, robotisation, automation and artificial intelligence (AI) must benefit workers and society by improving working conditions and quality of life, ensuring a good work-life balance, creating better employment opportunities, and contributing to socio-economic convergence; whereas workers and their trade unions will play a critical role in anticipating and tackling risks emerging from those challenges;

     

    AJ. whereas social dialogue and collective bargaining are essential for the EU’s competitiveness, labour productivity and social cohesion;

    1. Considers that the Commission and the Council should strengthen their efforts to implement the EPSR, in line with the action plan of March 2021 and the La Hulpe Declaration, to achieve the 2030 headline targets; calls on the Commission to ensure that the JER 2026 analyses the implementation of all the principles of the EPSR in line with Regulation (EU) 2024/1263 and includes an analysis of the social dimension of the national medium-term fiscal structural plans related to social resilience, including the EPSR; welcomes, in this regard, the announcement of a new Action Plan on the implementation of the EPSR[11] for 2025 to give a new impetus to social progress; welcomes the fact that almost all Member States are expected to increase public investment in 2025, which is necessary to ensure access to quality public services and achieve the aims of the EPSR; recalls that the Member States can mobilise the RRF within the scope defined by the Regulation (EU) 2021/241[12] until 31 December 2026 on policies for sustainable and inclusive growth and the young;

    2. Stresses the importance of using the Social Scoreboard and the Social Convergence Framework to identify risks to, and to track progress in, reducing inequalities, strengthening social protection systems and promoting decent working conditions and supportive measures for workers to manage the transitions; stresses that in this regard, it is necessary to ensure a sustainable, fair and inclusive Europe where social rights are fully protected and safeguarded at the same level as economic freedoms; recalls that EU citizens identify social Europe as one of their priorities;

    3. Regrets the lack of data on and analysis of wealth inequality and wealth concentration in the EU as this is one of the main determinants of poverty; points out that according to Distributional Wealth Accounts, a dataset developed by the European System of Central Banks, the share of wealth held by the top 10 % stood at 56 % in the fourth quarter of 2023, while the bottom half held just 5 %;

    4. Welcomes the inclusion of analysis on the positive contribution of the SDGs and the European equality strategies in the JER 2025 and calls on the Commission to ensure that the JER 2026 includes both a section analysing the progress towards the SDGs related to employment and social policy, and another on progress towards eliminating social and labour discrimination in line with the Gender Equality Strategy 2020-2025, the EU Anti-Racism Action Plan 2020-2025, the EU Roma strategic framework for equality, inclusion and participation 2020-2030, the LGBTIQ Equality Strategy 2020-2025, and the Strategy for the rights of persons with disabilities 2021-2030;

    5. Calls on the Member States to implement the updated employment guidelines, with an emphasis on education and training for all, new technologies such as AI, and recent policy initiatives on platform work, affordable and decent housing and tackling labour and skills shortages, with a view to strengthening democratic decision-making;

    6. Reiterates the importance of investing in workforce skills development and occupational training and of ensuring quality employment, with an emphasis on the individual right to training and lifelong learning; urges the Member States to develop upskilling and reskilling measures in collaboration with local stakeholders, including educational and training bodies and the social partners, in order to reinforce the link between the education and training systems and the labour market and to anticipate labour market needs; welcomes the fact that employment outcomes for recent graduates from vocational education and training (VET) continue to improve across the EU; is concerned about young people’s declining educational performance, particularly in basic skills; welcomes, in this regard, the announcement of an Action Plan on Basic Skills and a STEM Education Strategic Plan; calls on the Member States to invest in programmes to equip learners with the basic, digital and transversal skills needed for the world of work and its digitisation as well as to help them to contribute meaningfully to society; recalls the important role that the European Globalisation Adjustment Fund for displaced workers can play in supporting and reskilling workers who were made redundant as a result of major restructuring events;

    7. Welcomes the announcement of a quality jobs roadmap to ensure a just transition for all; calls on the Commission to include in this roadmap considerations for measures linked to the use of AI and algorithmic management in the world of work so that new technologies are harnessed to improve working conditions and productivity while respecting workers’ rights and work-life balance as recognised in the JER[13]; calls on the Commission to propose a directive on the use of AI in the workplace that ensures that workers’ rights are protected and respected;

    8. Stresses that the response to labour shortages in the European Union also involves improving and facilitating labour mobility within the Union; calls on the Member States to strengthen and facilitate the recognition of skills and qualifications in the Union, including those of third-country nationals; calls on the Commission to analyse the effectiveness of the European Employment Services (EURES) platform with a view to a potential revision of its operation;

    9. Notes that the number of early leavers from education and training, people with lower levels of education, young people not in education, employment or training (NEETs) and among them vulnerable groups, including Roma, women, older people, low- and medium-qualified people, persons with disabilities and people with a migrant or minority background, depending on the country-specific context, remains high in several Member States, despite a downward trend in the European Union; calls on the Member States to reinforce the Youth Guarantee as stated in Principle 4 of the EPSR; in order to support young people in need throughout their personal and professional development; reiterates the pivotal role that VET plays in providing the knowledge, skills and competencies necessary for young people entering the labour market; emphasises the need to invest in the quality and attractiveness of VET through the European Social Fund Plus (ESF+); recalls, therefore, the need to address this situation and develop solutions to keep young people in education, training or employment and the importance of ensuring their access to traineeships and apprenticeships, enabling them to gain their first work experience and facilitating their transition from education to employment as well as to create working conditions that enable an ageing workforce to remain in the labour market;

    10. Considers that, although there has been an improvement, persons with disabilities, especially women with disabilities, still face significant obstacles in the labour market, and that there is therefore a need for vocational and digital training, while promoting the inclusion of persons with disabilities, targeting the inactive labour force and groups with low participation in the labour market, including women, young people, older workers and persons with chronic diseases; calls on the Commission to update the EU Disability Strategy with new flagship initiatives and actions from 2025 onwards, such as a European Disability Employment and Skills Guarantee and the sharing of best practices such as the disability card, in particular to address social inclusion and independent living for people with disabilities, also ensuring their access to quality education, training and employment through guidance on retaining disability allowances;

    11. Expresses concern that Roma continue to face significant barriers to employment, with persistent biases limiting their prospects; notes that the EU Roma strategic framework for equality, inclusion, and participation highlights a lack of progress in employment access and a growing share of Roma youth not in employment, education, or training; emphasises the framework’s goal of halving the employment gap between Roma and the general population and ensuring that at least 60 % of Roma are in paid work by 2030; urges the Member States to adopt an integrated, equality-focused approach and to ensure that public policies and services effectively reach all Roma, including those in remote rural areas;

    12. Stresses the need to pay attention to the social and environmental aspects of competitiveness, emphasising the need for investments in education and training for all to ensure universal access to high-quality public education and professional training programmes, as well as sustainable practices to foster inclusive growth; underlines that social partners should play a key role in identifying and addressing skills needs across the EU;

    13. Calls on the Commission and the Member States to include specific recommendations on housing affordability in the European Semester and to promote housing investment; urges the Member States to ensure that housing investments support long-term quality housing solutions that are actually affordable for low-income and middle-income households, highlighting that investments in social and affordable housing are crucial in order to ensure and improve the quality of life for all; stresses the need for a better use of EU funding, such as through European Investment Bank financial instruments, in particular to support investments to increase the energy efficiency of buildings; calls on the Commission and the Member States to take decisive action to provide an EU regulatory framework for the housing sector, together with an assessment of Union policies, funds and bottlenecks that should facilitate the construction, conversion and renovation of accessible, affordable and energy-efficient housing, including social housing, that meets the needs of young people, people with reduced mobility, low- and middle-income groups, families at risk and people in more vulnerable situations, while protecting homeowners and those seeking access to home ownership from a further reduction in supply;

    14. Welcomes the announced European Affordable Housing Plan to support Member States in addressing the housing crisis and soaring rents; calls on the Commission to assess and publish which potential barriers on State aid rules affect housing accessibility; recalls that the Social Climate Fund aims to provide financial aid to Member States from 2026 to support vulnerable households, in particular with measures and investments intended to increase the energy efficiency of buildings, decarbonisation of heating and cooling of buildings and the integration in buildings of renewable energy generation and storage;

    15. Considers that homelessness is a dramatic social problem in the EU; calls for a single definition of homelessness in the EU, which would enable the systematic comparison and assessment of the extent of homelessness across different EU Member States; calls on the Commission to develop a strategy and work towards ending homelessness in the EU by 2030 by promoting access to affordable and decent housing as well as access to quality social services; urges the Member States to better use the available EU instruments, including the ESF+, in this matter[14];

    16. Calls on the Member States to design national homelessness strategies centred around housing-based solutions; welcomes the intention to deliver a Council recommendation on homelessness[15]; urges the Commission to further increase the ambition of the European Platform on Combating Homelessness, in particular by providing it with a dedicated budget;

    17. Considers that EU action is urgently needed to address the persistently high levels of poverty and social exclusion in the EU, particularly among children, young and older people, persons with disabilities, non-EU born individuals, LGTBI and Roma communities; highlights that access to quality social services should be prioritised, with binding targets to reduce homelessness and ensure energy security for vulnerable households; calls on the Commission to adopt the first-ever EU Anti-Poverty Strategy;

    18. Recalls the Union objective of transitioning from institutional to community or family-based care; calls on the Commission to put forward an action plan on deinstitutionalisation; stresses that this action plan should cover all groups still living in institutions, including children, persons with disabilities, people with mental health issues, people affected by homelessness and older people; calls on the Member States to make full use of the ESF+ funds as well as other relevant European and national funds in order to finalise the deinstitutionalisation process so as to ensure that every EU citizen can live in a family or community environment;

    19. Calls on the Commission to deliver a European action plan for mental health, in line with its recent recommendations[16], and to complement it with a directive on psychosocial risks in the workplace; calls on the Member States to strengthen access to mental health services and emotional support programmes for all, particularly children, young people and older people; requests a better use of the Social Scoreboard indicators to address the impact of precarious living conditions and uncertainty on mental health;

    20. Calls on the Commission to address loneliness by promoting a holistic EU strategy on loneliness and access to professional care; calls also for this EU strategy to address the socio-economic impact of loneliness on productivity and well-being by tackling issues such as rural isolation; urges the Member States to continue implementing the Council recommendation on access to affordable, quality long-term care with a view to ensuring access to quality care while ensuring decent working conditions for workers in the care sector, as well as for informal carers;

    21. Recognises that 44 million Europeans are frequent informal long-term caregivers, the majority of whom are women[17];

    22. Recognises the unique role of carers in society, and while the definition of care workers is not harmonised across the EU, the long-term care sector employs 6.4 million people across the EU;

    23. Is concerned that, in 2023, 94.6 million people in the EU were still at risk of poverty or social exclusion; stresses that without a paradigm shift in the approach to combating poverty, the European Union and its Member States will not achieve their poverty reduction objectives; believes that the announcement of the first-ever EU Anti-Poverty Strategy is a step in the right direction towards reversing the trend, but must provide a comprehensive approach to tackling the multidimensional aspects of poverty and social exclusion with concrete actions, strong implementation and monitoring; calls for this Strategy to encompass everybody experiencing poverty and social exclusion, first and foremost the most disadvantaged, but also specific measures for different groups such as persons experiencing in-work poverty, homeless people, people with disabilities, single-parent families and, above all, children in order to sustainably break the cycle of poverty; stresses that the transposition of the Minimum Wage Directive will be key to preventing and fighting poverty risks among workers, while reinforcing incentives to work, and welcomes the fact that several Member States have amended or plan to amend their minimum wage frameworks; is concerned about the rise of non-standard forms of employment where workers are more likely to face in-work poverty and find themselves without adequate legal protections; stresses that an EU framework directive on adequate minimum income and active inclusion, in compliance with the subsidiarity principle, would contribute to the goals of reducing poverty and fostering the integration of people absent from the labour market;

    24. Reiterates its call on the Commission to carefully monitor implementation of the Child Guarantee in all Member States as part of the European Semester and country-specific recommendations; reiterates its call for an increase in the funding of the European Child Guarantee with a dedicated budget of at least EUR 20 billion and for all Member States to allocate at least 5 % of their allocated ESF+ funds to fighting child poverty and promoting children’s well-being; considers that the country-specific recommendations should reflect Member States’ budgetary compliance with the minimum required allocation for tackling child poverty set out in the ESF+ Regulation[18]; calls on the Commission to provide an ambitious budget for the Child Guarantee in the next MFF in order to respond to the growing challenge of child poverty and social exclusion;

    25. Is concerned about national policies that create gaps in health coverage, increasing inequalities both within and between Member States, such as privatisation of public healthcare systems, co-payments and lack of coverage; highlights that these deepen poverty, erode health and well-being, and increase social inequalities within and across EU countries; warns that this also undermines the implementation of principle 16 of the EPSR and of SDG 3.8 on universal health coverage, as well as the EPSR’s overall objective of promoting upward social convergence in the EU, leaving no one behind; believes that the indicators used in the Social Scoreboard do not provide a comprehensive understanding of healthcare affordability;

    26. Underlines that employers need to foster intergenerational links within companies and intergenerational learning between younger and older workers, and vice versa; underlines that an ageing workforce can help a business develop new products and services to adapt to the needs of an ageing society in a more creative and productive way; calls, furthermore, for the creation of incentives to encourage volunteering and mentoring to induce the transfer of knowledge between generations;

    27. Warns that, according to European Central Bank reports, real wages are still below their pre-pandemic level, while productivity was roughly the same; agrees that this creates some room for a non-inflationary recovery in real wages and warns that if real wages do not recover, this would increase the risk of protracted economic weakness, which could cause scarring effects and would further dent productivity in the euro area relative to other parts of the world; believes that better enforcement of minimum wages and strengthening collective bargaining coverage can have a beneficial effect on levels of wage inequality, especially by helping more vulnerable workers at the bottom of the wage distribution who are increasingly left out;

    28. Calls for the Member States to ensure decent working conditions, comprising among other things decent wages, access to social protection, lifelong learning opportunities, occupational health and safety, a good work-life balance and the right to disconnect, reasonable working time, workers’ representation, democracy at work and collective agreements; urges the Member States to foster democracy at work, social dialogue and collective bargaining and to protect workers’ rights, particularly in the context of the green and digital transitions, and to ensure equal pay for equal work by men and women, enhance pay transparency and address gender-based inequality to close the gender pay gap in the EU;

    29. Recalls the importance of improving access to social protection for the self-employed and calls on the Commission to monitor the Member States’ national plans for the implementation of the Council Recommendation of 8 November 2019 on access to social protection for workers and the self-employed[19] as part of the country-specific recommendations; recalls, in this regard, as the rate of self-employed professionals in the cultural and creative sectors is more than double that in the general population, the 13 initiatives laid down in the Commission’s 21 February 2024 response to the European Parliament resolution of 21 November 2023 on an EU framework for the social and professional situation of artists and workers in the cultural and creative sectors[20] and calls on the Commission to start implementing them in cooperation with the Member States;

    30. Stresses that the role of social dialogue and social partners should be systematically integrated into the design and implementation of employment and social policies, ensuring the involvement of social partners at all levels;

    31. Calls for the implementation of policies that promote work-life balance and the right to disconnect, with the aim of improving the quality of life for all families and workers, for ensuring the implementation of the Work-Life Balance Directive[21] and of the European Care Strategy; calls on the Commission to put forward a legislative proposal to address teleworking and the right to disconnect; as well as a proposal for the creation of a European card for all types of large families and a European action plan for single parents, offering educational and social advantages; calls, ultimately, for initiatives to combat workforce exclusion as a consequence of longer periods of sick leave, to adapt the workplace and to promote flexible working conditions and to develop strategies to support workers’ return after longer periods of absence;

    32. Calls for demographic challenges to be prioritised in the EU’s cohesion policy and for concrete action at EU and national levels; calls on the Commission to prioritise the development of the Commission communication on harnessing talent in Europe’s regions and the ‘Talent Booster Mechanism’ in order to promote social cohesion and to step up funding for rural and outermost areas and regions with a high rate of depopulation, supporting quality job creation, public services, local development projects and basic infrastructure that favour the population’s ‘right to stay’, especially in the case of young people; highlights the importance of introducing specific measures to address regional inequalities in education and training, ensuring equal access to high-quality and affordable education for all;

    33. Is concerned that, despite improvements, several population groups are still significantly under-represented in the EU labour market, including women, older people, low- and medium-qualified people, persons with disabilities and people with a migrant or minority background; warns that  educational inequalities have deepened, further exacerbating the vulnerabilities of students from disadvantaged and migrant backgrounds; points out that, according to the JER, people with migrant or minority backgrounds can significantly benefit from targeted measures in order to address skills mismatches, improve language proficiency, combat discrimination and receive tailored and integrated support services; stresses the importance of strengthening efforts in the implementation of the 2021-27 Action Plan on Integration and Inclusion, which provides a common policy framework to support the Member States in developing national migrant integration policies;

    34. Calls on the Commission and the Council to prioritise reducing administrative burdens with the aim of simplification while respecting labour and social standards; believes that better support for SMEs and actual and potential entrepreneurs will improve the EU’s competitiveness and long-term sustainability, boost innovation and create quality jobs; notes that SMEs and self-employed professionals in all sectors are essential for the EU’s economic growth and thus the financing of social policies; urges the implementation of specific recommendations to improve the single market; takes note of the Commission’s publication of the ‘Competitiveness Compass’ on 29 January 2025[22];

    35. Calls on the Commission to conduct competitiveness checks on every new legislative proposal, taking into account the overall impact of EU legislation on companies, as well as on other EU policies and programmes;

    36. Considers that the social economy is an essential component of the EU’s social market economy and a driver for the implementation of the EPSR and its targets, often providing employment to vulnerable and excluded groups; calls on the Commission and the Member States to strengthen their support for all social economy enterprises but especially non-profit ones, as highlighted in the Social Economy Action Plan 2021 and the Liège Roadmap for the Social Economy, in order to promote quality, decent, inclusive work and the circular economy, to encourage the Member States to facilitate access to funding and to enhance the visibility of social economy actors; calls for the Commission to explore innovative funding mechanisms to support the development of the social economy in Europe[23] and to foster a dynamic and inclusive business environment;

    37. Believes that, in this year of transition, with the implementation of the revised economic governance rules, the Member States should align fiscal responsibility with sustainable and inclusive growth and employment, notes that the involvement of social partners, including in the development of medium-term fiscal structural plans, should be enhanced to contribute to the goals of the new economic governance framework;

    38. Welcomes the fact that the national medium-term fiscal structural plans, under the new economic governance framework, have to include the reforms and investments responding to the main challenges identified in the context of the European Semester and also to ensure debt sustainability while investing strategically in the principles of the EPSR with the aim of fostering upward social convergence;

    39. Is concerned that compliance with the country-specific recommendations (CSRs) remains low; reiterates its call, therefore, for an effective implementation of CSRs by the Member States so as to promote healthcare and sustainable pension systems, in line with principles 15 and 16 of the EPSR, and long-term prosperity for all citizens, taking into account the vulnerability of those workers whose careers are segmented, intermittent and subject to labour transitions; insists that the Commission should reinforce its dialogues with the Member States on the implementation of existing recommendations and of the Employment Guidelines as well as on current or future policy action to address identified challenges;

    40. Welcomes the establishment of a framework to identify risks to social convergence within the European Semester, for which Parliament called strongly; recalls that under this framework, the Commission assesses risks to upward social convergence in Member States and monitors progress on the implementation of the EPSR on the basis of the Social Scoreboard and of the principles of the Social Convergence Framework; welcomes the fact that the 2025 JER delivers country-specific analysis based on the principles of the Social Convergence Framework; calls on the Commission to further develop innovative quantitative and qualitative analysis tools under this new Framework in order to make optimal use of it in the future cycles of the European Semester;

    41. Welcomes the fact that the first analysis based on the principles of the Social Convergence Framework points to upward convergence in the labour market in 2023[24]; notes with concern that employment outcomes of under-represented groups still need to improve and that risks to upward convergence persist at European level in relation to skills development, ranging from early education to lifelong learning, and the social outcomes of at-risk-of-poverty and social exclusion rates; calls on the Commission to further analyse these risks to upward social convergence in the second stage of the analysis and to discuss with the Member States concerned the measures undertaken or envisaged to address these risks;

    42. Recognises the cost of living crisis, which has increased the burden on households, and the rising cost of housing, which, in conjunction with high energy costs, is contributing to high levels of energy poverty across the EU; calls, therefore, on the Commission and Member States to comprehensively address the root causes of this crisis by prioritising policies that promote economic resilience, social cohesion, and sustainable development;

    43. Warns of the social risks stemming from the crisis in the automotive sector, which is facing unprecedented pressure from both external and internal factors; calls on the Commission to pay attention to this sector and enhance social dialogue and the participation of workers in transition processes; stresses the urgent need for a coordinated EU response via an emergency task force of trade unions and employers to respond to the current crisis;

    44. Calls on the Commission to monitor data on restructuring and its impact on employment, such as by using the European Restructuring Monitor, to facilitate measures in support of restructuring and labour market transitions, and to consider highlighting national measures supporting a socially responsible way of restructuring in the European Semester;

    45. Calls on the Commission to monitor the development of minimum wages in the Member States following the transposition of the Minimum Wage Directive to determine whether the goal of ‘adequacy’ of minimum wages is being achieved;

    46. Is concerned about the Commission’s revision of the Macroeconomic Imbalance Procedure (MIP) Scoreboard, particularly the reduction in employment and social indicators, which are crucial for assessing the social and labour market situation in the Member States; regrets the fact that youth unemployment is no longer considered as a headline indicator, despite its relevance in identifying and addressing specific labour market challenges and in adopting adequate public policies; stresses that social standards indicators should be given greater consideration in the decision-making process; regrets the fact that the Commission did not duly consult Parliament and reminds the Commission of its obligation to closely cooperate with Parliament, the Council and social partners before drawing up the MIP scoreboard and the set of macroeconomic and macro-financial indicators for Member States; stresses that the implementation of the principles of the EPSR must be part of the MIP scoreboard;

    47. Considers that territorial and social cohesion are essential components of the competitiveness agenda, and legislation such as the European Instrument for Temporary Support to Mitigate Unemployment Risks in an Emergency (SURE) remain a positive example to inspire future EU initiatives;

    48. Considers that the Commission and the Member States should ensure that fiscal policies under the European Semester support investments aligned with the EPSR, particularly in areas such as decent and affordable housing, quality healthcare, education, and social protection systems, as these are critical for social cohesion and long-term economic sustainability and to address the challenges identified through social indicators;

    49. Stresses the need to address key challenges identified in the Social Scoreboard as ‘critical’ and ‘to watch’, including children at risk of poverty or social exclusion, the gender employment gap, housing cost overburden, childcare, and long-term care the disability employment gap, the impact of social transfers on reducing poverty, and basic digital skills[25];

    50. Stresses the negative impacts that the cost of living crisis has had on persons with disabilities;

    51. Urges the Member States to consider robust policies that ensure fair wages and improve working conditions, particularly for low-income and precarious workers;

    52. Calls on the Member States to strengthen social safety nets to provide adequate support to those whose income from employment is insufficient to meet basic living costs;

    53. Stresses the need for timely and harmonised data on social policies to improve evidence-based policymaking and targeted social investments; calls for improvements to be made to the Social Scoreboard in order to cover the 20 EPSR principles with the introduction of relevant indicators reflecting trends and causes of inequality, such as quality employment, wealth distribution, access to public services, adequate pensions, the homelessness rate, mental health and unemployment; recalls that the at-risk-of-poverty-or-social-exclusion (AROPE) indicator fails to reveal the causes of complex inequality; calls on the Commission and the Member States to develop a European data collection framework on social services to monitor the investment in and coverage of social services;

    54. Instructs its President to forward this resolution to the Council and the Commission.

    MIL OSI Europe News

  • MIL-OSI Europe: Written question – Impact of the first Omnibus package on the European Green Deal – E-000720/2025

    Source: European Parliament

    Question for written answer  E-000720/2025
    to the Commission
    Rule 144
    César Luena (S&D)

    In its presentation of the Competitiveness Compass, the Commission asks for all EU, national and local institutions to develop simple rules to speed up administrative procedures. That process will begin with the first in a series of Omnibus simplification packages. Focusing exclusively on investors, the first Omnibus will cover simplification relating to sustainable finance reporting, sustainability due diligence and taxonomy. What is missing, however, is an assessment of the environmental impact of the simplified regulations, which could be used by businesses to shirk their environmental obligations.

    In the light of the above:

    • 1.What impact does the Commission expect the Omnibus packages and wider simplification strategy to have on the Green Deal?
    • 2.How does the Commission believe the introduction of a small-mid cap will affect implementation of the European Green Deal, particularly in view of the proposed simplification of the carbon border adjustment mechanism?
    • 3.What measures is the Commission considering for businesses that fail to meet the new simplified and sustainable laws?

    Submitted: 17.2.2025

    Last updated: 27 February 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Written question – Russian shadow fleet and the environmental risk for our European waters and coastal communities – need for more action against the shadow fleet in the 16th sanctions package – E-000628/2025

    Source: European Parliament

    Question for written answer  E-000628/2025
    to the Council
    Rule 144
    Gerben-Jan Gerbrandy (Renew)

    Over the past year, European ship owners have earned EUR 6 billion by selling old tankers to the Russian shadow fleet. Most of these tankers should have been taken out of operation, because they pose an environmental risk to European waters and European coastal communities. The Baltic countries are now discussing using environmental risk as a means to identify, enter and potentially seize these ships.

    • 1.Does the Council agree that, given the large amount of information that is publicly available about the shadow fleet and its illegal activities and strategies, companies could have suspected what their old oil tankers would be used for when they sold them?
    • 2.Is the Council prepared to sanction European companies who have knowingly sold old tankers to the shadow fleet?
    • 3.Does the Council agree that the next sanctions package against Russia should include a clause to prevent European companies from selling their old ships to any buyer who intends to use them transport to Russian oil, i.e. that this should become a contractual obligation between buyer and seller?

    Submitted: 11.2.2025

    Last updated: 27 February 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Written question – Fight against arms trafficking, especially of assault rifles – E-000710/2025

    Source: European Parliament

    Question for written answer  E-000710/2025
    to the Commission
    Rule 144
    Nadine Morano (PPE)

    On 5 February 2025, several masked men armed with Kalashnikov assault rifles opened fire in the Brussels metro, without hindrance.

    These long guns come from Eastern European countries, mainly the Balkans, and are regularly used in drug trafficking, gang-related activity, prison escapes, organised crime and terrorism on European soil. Their use by delinquents and criminals is becoming more and more normal.

    In France, Serbian assault rifles bought in Slovakia were notably used in both the Bataclan and Hypercacher attacks in 2015.

    In light of this:

    What specific actions will the Commission take to combat the trafficking of fire arms from the Balkans?

    Submitted: 17.2.2025

    Last updated: 27 February 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Written question – Establishing high-quality radiotherapy departments and modern oncology centres at public hospitals – E-000713/2025

    Source: European Parliament

    Question for written answer  E-000713/2025
    to the Commission
    Rule 144
    Giorgos Georgiou (The Left)

    Europe’s Beating Cancer Plan (COM(2021) 44) and the European Parliament resolution of 16 February 2022 on strengthening Europe in the fight against cancer (paragraph 105) stress the importance of establishing high-quality radiotherapy departments and modern oncology centres at public hospitals, based on European guidelines and in line with the latest scientific evidence.

    However, many patients in the EU sadly continue to face numerous difficulties as many oncology departments at public hospitals suffer from staff shortages and a lack of capacity. Cyprus is the only EU Member State without an integrated public oncology centre with a radiotherapy department, meaning that cancer patients have no other choice but to turn to the private sector.

    In view of the above:

    • 1.Will the Commission assess and provide published updates on the progress that each Member State makes in achieving the targets of the European strategy for quality public healthcare services?
    • 2.What steps will it take to support Member States in achieving the targets they have not yet met, thereby ensuring a common European public health standard for cancer prevention and treatment in all EU Member States?

    Submitted: 17.2.2025

    Last updated: 27 February 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Written question – Persecution of Christians in Nicaragua – E-000718/2025

    Source: European Parliament

    Question for written answer  E-000718/2025
    to the Commission
    Rule 144
    Barbara Bonte (PfE)

    The Nicaraguan Government has been systematically persecuting Christians since 2018; there have been more than 870 attacks on the Catholic Church plus a ruthless crackdown on priests and other religious figures.

    The 2021-2024 Multiannual Indicative Programme (MIP) for Nicaragua amounts to EUR 82 million; combating climate change is its key priority.

    • 1.Does the Commission consider that, in a country that is systematically persecuting Christians, climate change is the key priority ?
    • 2.How often has the Commission urged the Government of Nicaragua to put an immediate end to this violation of human rights?
    • 3.What percentage of the funds pledged under the MIP for Nicaragua have been withheld in response to the repressive policy against Christians in that country?

    Submitted: 17.2.2025

    Last updated: 27 February 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Portugal: EIB finances Galp’s Renewable Hydrogen and Biofuels projects in Sines with €430 million

    Source: European Investment Bank

    EIB

    • The two projects, already in construction at the Sines Refinery, represent a total investment of €650 million.
    • The Biofuels unit, financed with €250 million, will produce low-carbon fuels essential for the decarbonization of transport.
    • The Green Hydrogen production unit, financed with €180 million, will be one of the largest in Europe.

    The European Investment Bank (EIB) has granted a €430 million loan for the construction of two key projects aimed at transforming Galp’s Sines Refinery, making a crucial contribution for the decarbonization of heavy-duty road transport and aviation.

    Galp is developing the Biofuels unit, already at a construction stage, in partnership with Japan’s Mitsui, as part of a total €400 million investment, of which €250 million is provided by the EIB. This unit will convert vegetable oils and residual fats into sustainable aviation fuel (SAF) and renewable diesel of biological origin (HVO) with identical characteristics to the fossil-based fuels used in regular combustion engines.

    This unit, set to begin production in 2026, will have the capacity to produce up to 270,000 tons of renewable fuels, enough for Portugal to comply with the European Union mandate for this type of fuels in aviation. SAF is essential for air transportation – responsible for about 3% of global greenhouse gas emissions – to begin its decarbonization journey.

    In parallel, Galp is building in the same site a 100MW electrolyser, a €250 million investment of which the EIB will finance €180 million. It is set to produce up to 15,000 tons of green hydrogen per year when it goes online next year, becoming one of the first operational units of its size in Europe.

    “These pioneering projects are a clear example of how we can combine financing, innovation, and our environmental commitment to promote a fair and sustainable energy transition,” said Jean-Christophe Laloux, Director General, Head of EU Lending and Advisory at the EIB. “By supporting the production of advanced biofuels and green hydrogen, we are contributing to a more energy-independent Europe that aligns with global climate goals.”

    “We have mobilized partners, private investment, and European financing to drive a transformative project that brings European and national energy and industrial policies to life,” said Ronald Doesburg, Galp’s Executive Board Member responsible for the Industrial area. “More is needed from energy companies, public funding and government support if we want to maintain Portugal’s relevance in an increasingly unstable world,” he concluded.

    The two projects support the goal of climate neutrality by 2050, in line with the European Green Deal, and strengthen the EU’s energy independence as outlined in the REPowerEU plan. The projects benefit from €22,5 in Recovery and Resilience Plan incentives.

    Background information   

    About the 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, the capital markets union, and a stronger Europe in a more peaceful and prosperous world. 

    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.

    About Galp

    Galp is an energy company committed to developing efficient and sustainable solutions in its operations and the integrated offerings it provides to its customers. We create simple, flexible, and competitive solutions for energy or mobility needs, catering to large industries, small and medium-sized enterprises, as well as individual consumers.

    Our portfolio includes various forms of energy – from electricity generated from renewable sources to natural gas and liquid fuels, including low-carbon options. As a producer, we engage in the extraction of oil and natural gas from reservoirs located kilometers below the ocean surface, and we are also one of the leading solar-based electricity producers in the Iberian region.

    We contribute to the economic development of the 10 countries where we operate and to the social progress of the communities that welcome us. Galp employs more than 7,000 people from 52 nationalities.

    MIL OSI Europe News

  • MIL-OSI Europe: Briefing – Surrogacy: The legal situation in the EU – 27-02-2025

    Source: European Parliament

    This analysis sets out the legal situation in the EU regarding surrogacy. A distinction can be drawn between traditional and gestational surrogacy, depending on the genetic connection of the surrogate to the child. A further distinction is made between altruistic and commercial surrogacy, depending on whether the surrogate receives remuneration. Among the Member States, Ireland, Greece, Cyprus and Portugal have introduced legislation permitting altruistic surrogacy, but for some of these the legislation has not yet entered into force or further regulations are still missing. The approaches taken by these Member States as to the conditions applying to the surrogate and the intended parents can be quite different. Many other Member States have banned surrogacy. Some of these bans explicitly prohibit the procedure, whereas others have regulated assisted reproduction in such a way that surrogacy is implicitly prohibited. Since 2014, the European Court of Human Rights has issued many judgments concerning surrogacy, especially concerning parenthood established abroad. This case law requires that, if the parenthood resulting from surrogacy established abroad is not recognised, the state has to provide for a means to regularise the ‘limping’ legal relationship. In 2022, the European Commission made a proposal for regulation on private international law rules relating to parenthood, which would also apply to surrogacy established in a Member State. Discussions in the Council are still ongoing as to how this issue should be dealt with. The 2024 directive on preventing and combating trafficking in human beings and protecting its victims explicitly identified, for the first time, the exploitation of surrogacy as a form of human trafficking.

    MIL OSI Europe News

  • MIL-OSI Europe: Answer to a written question – Economic impact assessment of an EU-Mercosur trade agreement on the European and Irish beef sector – P-002325/2024(ASW)

    Source: European Parliament

    The Commission requested a Sustainability Impact Assessment (SIA)[1], an independent report published on 29 March 2021 that analyses in detail the economic, social, environmental and human rights impacts of the agreement with the Mercosur.

    According to the report, the agreement will have a positive impact on the economies of both the EU and the Mercosur countries, raising wages and contributing to a reduction in inequalities. At the same time, the impact on sensitive agri-food sectors in the EU would be limited.

    Moreover, the Commission has recently carried out an assessment on the cumulative impact of upcoming trade agreements[2], which produces results consistent with the Mercosur SIA.

    It projects a reduction of EU beef production and price of 0.9% and 2.4% respectively due to the implementation of the ten free trade agreements covered by the study. These two studies deliver results at EU level.

    On the other hand, the Irish government requested an independent Economic and Sustainability Impact Assessment for Ireland of the EU-Mercosur Trade agreement, which includes the assessment of an impact of the agreement on Irish beef producers[3].

    That study finds that small additional beef quantities are expected to come from the Mercosur due to the agreement, but the amount will be limited and is manageable. For the Irish beef sector, an upper end estimate of the impact on production is a 0.08% reduction in output.

    • [1] https://policy.trade.ec.europa.eu/analysis-and-assessment/sustainability-impact-assessments_en
    • [2] https://publications.jrc.ec.europa.eu/repository/handle/JRC135540
    • [3] https://www.gov.ie/en/publication/1c8a6-economic-and-sustainability-impact-assessment-for-ireland-of-the-eu-mercosur-trade-agreement/
    Last updated: 27 February 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Cyprus gets €72 million EIB loan for new national archaeological museum as EU bank publishes 2024 financing results in country

    Source: European Investment Bank

    • EIB provides €72 million loan to Cypriot government to build state-of-the-art archaeological museum in capital Nicosia
    • Credit for landmark Cypriot cultural project follows 2024 EIB Group financing in Cyprus totalling €225 million mainly for university-campus and road-network upgrades.
    • Latest annual results bring EIB Group support in Cyprus to €1.3 billion over past five years.

    The European Investment Bank (EIB) is providing the Cypriot government with a €72 million loan for a new national archaeological museum in the capital Nicosia. The EIB credit will be used to build the planned state-of-the-art Cyprus Archaeological Museum, which will serve as a cultural landmark while contributing to urban regeneration.

    The EIB Group, which also includes the European Investment Fund (EIF), today also announced that new financing in Cyprus in 2024 totalled €225 million. Top projects last year included EIB loans of €125 million for the Cyprus University of Technology (CUT) to build affordable student housing and upgrade campus facilities in Paphos and Limassol and €100 million for the Cypriot government to improve and expand road networks.

    “Our work in Cyprus is a testament to the transformative power of the EIB’s strategic financing,” said EIB Vice-President Kyriakos Kakouris. “In 2024, we reaffirmed our commitment to the country by supporting major projects in sustainable and affordable student housing as well as critical transport- infrastructure improvements, reinforcing social cohesion in the process.”

    Cultural landmark

    The planned Cyprus Archaeological Museum, whose construction is due to be completed in 2029 .will be located in the centre of Nicosia  and transform the area into a vibrant cultural hub. The museum will feature spacious exhibition halls equipped with cutting-edge technologies to enhance the presentation of Cyprus’s rich archaeological heritage, which dates to the Neolithic  period  and  extends to the Christian era.

    “The new museum will offer dedicated spaces for research, education and engagement with the scientific and cultural community, further strengthening Cyprus’s role in the global archaeological and cultural dialogue,” said EIB Vice-President Kyriacos Kakouris.

    It will house an extensive collection from Department of Antiquities of the Cypriot Culture Ministry’s

    “The Cyprus Archaeological Museum will stand as the country’s most significant cultural initiative,” said Cypriot Minister of Finance Makis Keravnos. “This is a crucial project for the Cypriot government and the people as it will revitalise and showcase – in the most fitting way – our country’s rich and diverse history. It will also create a dynamic cultural, recreational, and social hub in the heart of the city.”

    The new project includes a state-of-the-art 30,000 sqm museum and a 20,000 sqm landscaped public square, transforming the Nicosia area into a vibrant cultural hub.

    “For many years, it has been the state’s vision to establish a museum capable of housing, with the dignity they deserve, the memories of our archaeological past,” said Cypriot Minister of Transport, Communications and Works Alexis Vafeades. “This museum will become a place of attraction for people of all ages and nationalities, fostering inclusivity and sharing Cyprus’s rich archaeological history with the world.”

    2024 results

    The latest annual results from the EIB Group bring its total financing in Cyprus over the past five years to €1.3 billion. The annual average in the country since 2000 is €256 million.

    The EIB’s support for CUT last year included two financing agreements with the university totalling €108 million and one accord with the Municipality of Paphos amounting to €17 million. The project features the construction and renovation of academic and administrative spaces, along with the addition of 703 student accommodation units.

    In Limassol, the planned upgrades include the creation of a solar energy park to power the campus, making it energy self-sufficient.

    Part of the financing is supported by the InvestEU programme, marking its first initiative in Cyprus.

    The EIB’s support for Cypriot road development in 2024 was part of a €200 million package for such infrastructure in the country, with a second €100 million tranche expected to be signed in 2025. The projects, which involve road upgrades in various Cypriot regions, are expected to be completed by 2029.

    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: Meeting of 29-30 January 2025

    Source: European Central Bank

    Account of the monetary policy meeting of the Governing Council of the European Central Bank held in Frankfurt am Main on Wednesday and Thursday, 29-30 January 2025

    27 February 2025

    1. Review of financial, economic and monetary developments and policy options

    Financial market developments

    Ms Schnabel noted that the financial market developments observed in the euro area after October 2024 had reversed since the Governing Council’s previous monetary policy meeting on 11-12 December 2024. The US presidential election in November had initially led to lower euro area bond yields and equity prices. Since the December monetary policy meeting, however, both risk-free yields and risk asset prices had moved substantially higher and had more than made up their previous declines. A less gloomy domestic macroeconomic outlook and an increase in the market’s outlook for inflation in the euro area on the back of higher energy prices had led investors to expect the ECB to proceed with a more gradual rate easing path.

    A bounce-back of euro area risk appetite had supported equity and corporate bond prices and had contained sovereign bond spreads. While the euro had also rebounded recently against the US dollar, it remained significantly weaker than before the US election.

    In euro money markets the year-end had been smooth. Money market conditions at the turn of the year had turned out to be more benign than anticipated, with a decline in repo rates and counterparties taking only limited recourse to the ECB’s standard refinancing operations.

    In the run-up to the US election and in its immediate aftermath, ten-year overnight index swap (OIS) rates in the euro area and the United States had decoupled, reflecting expectations of increasing macroeconomic divergence. However, since the Governing Council’s December monetary policy meeting, long-term interest rates had increased markedly in both the euro area and the United States. An assessment of the drivers of euro area long-term rates showed that both domestic and US factors had pushed yields up. But domestic factors – expected tighter ECB policy and a less gloomy euro area macroeconomic outlook – had mattered even more than US spillovers. These factors included a reduction in perceived downside risks to economic growth from tariffs and a stronger than anticipated January flash euro area Purchasing Managers’ Index (PMI).

    Taking a longer-term perspective on ten-year rates, since October 2022, when inflation had peaked at 10.6% and policy rates had just returned to positive territory, nominal OIS rates and their real counterparts had been broadly trending sideways. From that perspective, the recent uptick was modest and could be seen as a mean reversion to the new normal.

    A decomposition of the change in ten-year OIS rates since the start of 2022 showed that the dominant driver of persistently higher long-term yields compared with the “low-for-long” interest rate and inflation period had been the sharp rise in real rate expectations. A second major driver had been an increase in real term premia in the context of quantitative tightening. This increase had occurred mainly in 2022. Since 2023, real term premia had broadly trended sideways albeit with some volatility. Hence, the actual reduction of the ECB’s balance sheet had elicited only mild upward pressure on term premia. From a historical perspective, despite their recent increase, term premia in the euro area remained compressed compared with the pre-quantitative easing period.

    Since the December meeting, investors had revised up their expectations for HICP inflation (excluding tobacco) for 2025. Current inflation fixings (swap contracts linked to specific monthly releases in year-on-year euro area HICP inflation excluding tobacco) for this year stood above the 2% target. Higher energy prices had been a key driver of the reassessment of near-term inflation expectations. Evidence from option prices, calculated under the assumption of risk neutrality, suggested that the risk to inflation in financial markets had become broadly balanced, with the indicators across maturities having shifted discernibly upwards. Recent survey evidence suggested that risks of inflation overshooting the ECB’s target of 2% had resurfaced. Respondents generally saw a bigger risk of an inflation overshoot than of an inflation undershoot.

    The combination of a less gloomy macroeconomic outlook and stronger price pressures had led markets to reassess the ECB’s expected monetary policy path. Market pricing suggested expectations of a more gradual easing cycle with a higher terminal rate, pricing out the probability of a cut larger than 25 basis points at any of the next meetings. Overall, the size of expected cuts to the deposit facility rate in 2025 had dropped by around 40 basis points, with the end-year rate currently seen at 2.08%. Market expectations for 2025 stood above median expectations in the Survey of Monetary Analysts. Survey participants continued to expect a faster easing cycle, with cuts of 25 basis points at each of the Governing Council’s next four monetary policy meetings.

    The Federal Funds futures curve had continued to shift upwards, with markets currently expecting between one and two 25 basis point cuts by the end of 2025. The repricing of front-end yields since the Governing Council’s December meeting had been stronger in the euro area than in the United States. This would typically also be reflected in foreign exchange markets. However, the EUR/USD exchange rate had recently decoupled from interest rates, as the euro had initially continued to depreciate despite a narrowing interest rate differential, before recovering more recently. US dollar currency pairs had been affected by the US Administration’s comments, which had put upward pressure on the US dollar relative to trading partners’ currencies.

    Euro area equity markets had outperformed their US counterparts in recent weeks. A model decomposition using a standard dividend discount model for the euro area showed that rising risk-free yields had weighed significantly on euro area equity prices. However, this had been more than offset by higher dividends, and especially a compression of the risk premium, indicating improved investor risk sentiment towards the euro area, as also reflected in other risk asset prices. Corporate bond spreads had fallen across market segments, including high-yield bonds. Sovereign spreads relative to the ten-year German Bund had remained broadly stable or had even declined slightly. Relative to OIS rates, the spreads had also remained broadly stable. The Bund-OIS spread had returned to levels observed before the Eurosystem had started large-scale asset purchases in 2015, suggesting that the scarcity premium in the German government bond market had, by and large, normalised.

    Standard financial condition indices for the euro area had remained broadly stable since the December meeting. The easing impulse from higher equity prices had counterbalanced the tightening impulse stemming from higher short and long-term rates. In spite of the bounce-back in euro area real risk-free interest rates, the yield curve remained broadly within neutral territory.

    The global environment and economic and monetary developments in the euro area

    Starting with inflation in the euro area, Mr Lane noted that headline inflation, as expected, had increased to 2.4% in December, up from 2.2% in November. The increase primarily reflected a rise in energy inflation from -2.0% in November to 0.1% in December, due mainly to upward base effects. Food inflation had edged down to 2.6%. Core inflation was unchanged at 2.7% in December, with a slight decline in goods inflation, which had eased to 0.5%, offset by services inflation rising marginally to 4.0%.

    Developments in most indicators of underlying inflation had been consistent with a sustained return of inflation to the medium-term inflation target. The Persistent and Common Component of Inflation (PCCI), which had the best predictive power of any underlying inflation indicator for future headline inflation, had continued to hover around 2% in December, indicating that headline inflation was set to stabilise around the ECB’s inflation target. Domestic inflation, which closely tracked services inflation, stood at 4.2%, staying well above all the other indicators in December. However, the PCCI for services, which should act as an attractor for services and domestic inflation, had fallen to 2.3%.

    The anticipation of a downward shift in services inflation in the coming months also related to an expected deceleration in wage growth this year. Wages had been adjusting to the past inflation surge with a substantial delay, but the ECB wage tracker and the latest surveys pointed to moderation in wage pressures. According to the latest results of the Survey on the Access to Finance of Enterprises, firms expected wages to grow by 3.3% on average over the next 12 months, down from 3.5% in the previous survey round and 4.5% in the equivalent survey this time last year. This assessment was shared broadly across the forecasting community. Consensus Economics, for example, foresaw a decline in wage growth of about 1 percentage point between 2024 and 2025.

    Most measures of longer-term inflation expectations continued to stand at around 2%, despite an uptick over shorter horizons. Although, according to the Survey on the Access to Finance of Enterprises, the inflation expectations of firms had stabilised at 3% across horizons, the expectations of larger firms that were aware of the ECB’s inflation target showed convergence towards 2%. Consumer inflation expectations had edged up recently, especially for the near term. This could be explained at least partly by their higher sensitivity to actual inflation. There had also been an uptick in the near-term inflation expectations of professionals – as captured by the latest vintages of the Survey of Professional Forecasters and the Survey of Monetary Analysts, as well as market-based measures of inflation compensation. Over longer horizons, though, the inflation expectations of professional forecasters remained stable at levels consistent with the medium-term target of 2%.

    Headline inflation should fluctuate around its current level in the near term and then settle sustainably around the target. Easing labour cost pressures and the continuing impact of past monetary policy tightening should support the convergence to the inflation target.

    Turning to the international environment, global economic activity had remained robust around the turn of the year. The global composite PMI had held steady at 53.0 in the fourth quarter of 2024, owing mainly to the continued strength in the services sector that had counterbalanced weak manufacturing activity.

    Since the Governing Council’s previous meeting, the euro had remained broadly stable in nominal effective terms (+0.5%) and against the US dollar (+0.2%). Oil prices had seen a lot of volatility, but the latest price, at USD 78 per barrel, was only around 3½% above the spot oil price at the cut-off date for the December Eurosystem staff projections and 2.6% above the spot price at the time of the last meeting. With respect to gas prices, the spot price stood at €48 per MWh, 2.7% above the level at the cut-off date for the December projections and 6.8% higher than at the time of the last meeting.

    Following a comparatively robust third quarter, euro area GDP growth had likely moderated again in the last quarter of 2024 – confirmed by Eurostat’s preliminary flash estimate released on 30 January at 11:00 CET, with a growth rate of 0% for that quarter, later revised to 0.1%. Based on currently available information, private consumption growth had probably slowed in the fourth quarter amid subdued consumer confidence and heightened uncertainty. Housing investment had not yet picked up and there were no signs of an imminent expansion in business investment. Across sectors, industrial activity had been weak in the summer and had softened further in the last few months of 2024, with average industrial production excluding construction in October and November standing 0.4% below its third quarter level. The persistent weakness in manufacturing partly reflected structural factors, such as sectoral trends, losses in competitiveness and relatively high energy prices. However, manufacturing firms were also especially exposed to heightened uncertainty about global trade policies, regulatory costs and tight financing conditions. Service production had grown in the third quarter, but the expansion had likely moderated in the fourth quarter.

    The labour market was robust, with the unemployment rate falling to a historical low of 6.3% in November – with the figure for December (6.3%) and a revised figure for November (6.2%) released later on the morning of 30 January. However, survey evidence and model estimates suggested that euro area employment growth had probably softened in the fourth quarter.

    The fiscal stance for the euro area was now expected to be balanced in 2025, as opposed to the slight tightening foreseen in the December projections. Nevertheless, the current outlook for the fiscal stance was subject to considerable uncertainty.

    The euro area economy was set to remain subdued in the near term. The flash composite output PMI for January had ticked up to 50.2 driven by an improvement in manufacturing output, as the rate of contraction had eased compared with December. The January release had been 1.7 points above the average for the fourth quarter, but it still meant that the manufacturing sector had been in contractionary territory for nearly two years. The services business activity index had decelerated slightly to 51.4 in January, staying above the average of 50.9 in the fourth quarter of 2024 but still below the figure of 52.1 for the third quarter.

    Even with a subdued near-term outlook, the conditions for a recovery remained in place. Higher incomes should allow spending to rise. More affordable credit should also boost consumption and investment over time. And if trade tensions did not escalate, exports should also support the recovery as global demand rose.

    Turning to the monetary and financial analysis, bond yields, in both the euro area and globally, had increased significantly since the last meeting. At the same time, the ECB’s past interest rate cuts were gradually making it less expensive for firms and households to borrow. Lending rates on bank loans to firms and households for new business had continued to decline in November. In the same period, the cost of borrowing for firms had decreased by 15 basis points to 4.52% and stood 76 basis points below the cyclical peak observed in October 2023. The cost of issuing market-based debt had remained at 3.6% in November 2024. Mortgage rates had fallen by 8 basis points to 3.47% since October, 56 basis points lower than their peak in November 2023. However, the interest rates on existing corporate and household loan books remained high.

    Financing conditions remained tight. Although credit was expanding, lending to firms and households was subdued relative to historical averages. Annual growth in bank lending to firms had risen to 1.5% in December, up from 1% in November, as a result of strong monthly flows. But it remained well below the 4.3% historical average since January 1999. By contrast, growth in corporate debt securities issuance had moderated to 3.2% in annual terms, from 3.6% in November. This suggested that firms had substituted market-based long-term financing for bank-based borrowing amid tightening market conditions and in advance of increasing redemptions of long-term corporate bonds. Mortgage lending had continued to rise gradually but remained muted overall, with an annual growth rate of 1.1% in December after 0.9% in November. This was markedly below the long-term average of 5.1%.

    According to the latest euro area bank lending survey, the demand for loans by firms had increased slightly in the last quarter. At the same time, credit standards for loans to firms had tightened again, having broadly stabilised over the previous four quarters. This renewed tightening of credit standards for firms had been motivated by banks seeing higher risks to the economic outlook and their lower tolerance for taking on credit risk. This finding was consistent with the results of the Survey on the Access to Finance of Enterprises, in which firms had reported a small decline in the availability of bank loans and tougher non-rate lending conditions. Turning to households, the demand for mortgages had increased strongly as interest rates became more attractive and prospects for the property market improved. Credit standards for housing loans remained unchanged overall.

    Monetary policy considerations and policy options

    In summary, the disinflation process remained well on track. Inflation had continued to develop broadly in line with the staff projections and was set to return to the 2% medium-term target in the course of 2025. Most measures of underlying inflation suggested that inflation would settle around the target on a sustained basis. Domestic inflation remained high, mostly because wages and prices in certain sectors were still adjusting to the past inflation surge with a substantial delay. However, wage growth was expected to moderate and lower profit margins were partially buffering the impact of higher wage costs on inflation. The ECB’s recent interest rate cuts were gradually making new borrowing less expensive for firms and households. At the same time, financing conditions continued to be tight, also because monetary policy remained restrictive and past interest rate hikes were still being transmitted to the stock of credit, with some maturing loans being rolled over at higher rates. The economy was still facing headwinds, but rising real incomes and the gradually fading effects of restrictive monetary policy should support a pick-up in demand over time.

    Concerning the monetary policy decision at this meeting, it was proposed to lower the three key ECB interest rates by 25 basis points. In particular, lowering the deposit facility rate – the rate through which the ECB steered the monetary policy stance – was justified by the updated assessment of the inflation outlook, the dynamics of underlying inflation and the strength of monetary policy transmission. The alternative – maintaining the deposit facility rate at the current level of 3.00% – would excessively dampen demand and therefore be inconsistent with the set of rate paths that best ensured inflation stabilised sustainably at the 2% medium-term target.

    Looking to the future, it was prudent to maintain agility, so as to be able to adjust the stance as appropriate on a meeting-by-meeting basis, and not to pre-commit to any particular rate path. In particular, monetary easing might proceed more slowly in the event of upside shocks to the inflation outlook and/or to economic momentum. Equally, in the event of downside shocks to the inflation outlook and/or to economic momentum, monetary easing might proceed more quickly.

    2. Governing Council’s discussion and monetary policy decisions

    Economic, monetary and financial analyses

    As regards the external environment, incoming data since the Governing Council’s previous monetary policy meeting had signalled robust global activity in the fourth quarter of 2024, with divergent paths across economies and an uncertain outlook for global trade. The euro had been broadly stable and energy commodity prices had increased. It was underlined that gas prices were currently over 60% higher than in 2024 because the average temperature during the previous winter had been very mild, whereas this winter was turning out to be considerably colder. This suggested that demand for gas would remain strong, as reserves needed to be replenished ahead of the next heating season, keeping gas prices high for the remainder of the year. In other commodity markets, metal prices were stable – subdued by weak activity in China and the potential negative impact of US tariffs – while food prices had increased.

    Members concurred that the outlook for the international economy remained highly uncertain. The United States was the only advanced economy that was showing sustained growth dynamics. Global trade might be hit hard if the new US Administration were to implement the measures it had announced. The challenges faced by the Chinese economy also remained visible in prices. Chinese inflation had declined further on the back of weak domestic demand. In this context, it was pointed out that, no matter how severe the new US trade measures turned out to be, the euro area would be affected either indirectly by disinflationary pressures or directly, in the event of retaliation, by higher inflation. In particular, if China were to redirect trade away from the United States and towards the euro area, this would make it easier to achieve lower inflation in the euro area but would have a negative impact on domestic activity, owing to greater international competition.

    With regard to economic activity in the euro area, it was widely recognised that incoming data since the last Governing Council meeting had been limited and, ahead of Eurostat’s indicator of GDP for the fourth quarter of 2024, had not brought any major surprises. Accordingly, it was argued that the December staff projections remained the most likely scenario, with the downside risks to growth that had been identified not yet materialising. The euro area economy had seen some encouraging signs in the January flash PMIs, although it had to be recognised that, in these uncertain times, hard data seemed more important than survey results. The outcome for the third quarter had surprised on the upside, showing tentative signs of a pick-up in consumption. Indications from the few national data already available for the fourth quarter pointed to a positive contribution from consumption. Despite all the prevailing uncertainties, it was still seen as plausible that, within a few quarters, there would be a consumption-driven recovery, with inflation back at target, policy rates broadly at neutral levels and continued full employment. Moreover, the latest information on credit flows and lending rates suggested that the gradual removal of monetary restrictiveness was already being transmitted to the economy, although the past tightening measures were still exerting lagged effects.

    The view was also expressed that the economic outlook in the December staff projections had likely been too optimistic and that there were signs of downside risks materialising. The ECB’s mechanical estimates pointed to very weak growth around the turn of the year and, compared with other institutions, the Eurosystem’s December staff projections had been among the most optimistic. Attention was drawn to the dichotomy between the performance of the two largest euro area economies and that of the rest of the euro area, which was largely due to country-specific factors.

    Recent forecasts from the Survey of Professional Forecasters, the Survey of Monetary Analysts and the International Monetary Fund once again suggested a downward revision of euro area economic growth for 2025 and 2026. Given this trend of downward revisions, doubts were expressed about the narrative of a consumption-driven economic recovery in 2025. Moreover, the December staff projections had not directly included the economic impact of possible US tariffs in the baseline, so it was hard to be optimistic about the economic outlook. The outlook for domestic demand had deteriorated, as consumer confidence remained weak and investment was not showing any convincing signs of a pick-up. The contribution from foreign demand, which had been the main driver of growth over the past two years, had also been declining since last spring. Moreover, uncertainty about potential tariffs to be imposed by the new US Administration was weighing further on the outlook. In the meantime, labour demand was losing momentum. The slowdown in economic activity had started to affect temporary employment: these jobs were always the first to disappear as the labour market weakened. At the same time, while the labour market had softened over recent months, it continued to be robust, with the unemployment rate staying low, at 6.3% in December. A solid job market and higher incomes should strengthen consumer confidence and allow spending to rise.

    There continued to be a strong dichotomy between a more dynamic services sector and a weak manufacturing sector. The services sector had remained robust thus far, with the PMI in expansionary territory and firms reporting solid demand. The extent to which the weakness in manufacturing was structural or cyclical was still open to debate, but there was a growing consensus that there was a large structural element, as high energy costs and strict regulation weighed on firms’ competitiveness. This was also reflected in weak export demand, despite the robust growth in global trade. All these factors also had an adverse impact on business investment in the industrial sector. This was seen as important to monitor, as a sustainable economic recovery also depended on a recovery in investment, especially in light of the vast longer-term investment needs of the euro area. Labour markets showed a dichotomy similar to the one observed in the economy more generally. While companies in the manufacturing sector were starting to lay off workers, employment in the services sector was growing. At the same time, concerns were expressed about the number of new vacancies, which had continued to fall. This two-speed economy, with manufacturing struggling and services resilient, was seen as indicating only weak growth ahead, especially in conjunction with the impending geopolitical tensions.

    Against this background, geopolitical and trade policy uncertainty was likely to continue to weigh on the euro area economy and was not expected to recede anytime soon. The point was made that if uncertainty were to remain high for a prolonged period, this would be very different from a shorter spell of uncertainty – and even more detrimental to investment. Therefore the economic recovery was unlikely to receive much support from investment for some time. Indeed, excluding Ireland, euro area business investment had been contracting recently and there were no signs of a turnaround. This would limit investment in physical and human capital further, dragging down potential output in the medium term. However, reference was also made to evidence from psychological studies, which suggested that the impact of higher uncertainty might diminish over time as agents’ perceptions and behaviour adapted.

    In this context, a remark was made on the importance of monetary and fiscal policies for enabling the economy to return to its previous growth path. Economic policies were meant to stabilise the economy and this stabilisation sometimes required a long time. After the pandemic, many economic indicators had returned to their pre-crisis levels, but this had not yet implied a return to pre-crisis growth paths, even though the output gap had closed in the meantime. A question was raised on bankruptcies, which were increasing in the euro area. To the extent that production capacity was being destroyed, the output gap might be closing because potential output growth was declining, and not because actual growth was increasing. However, it was also noted that bankruptcies were rising from an exceptionally low level and developments remained in line with historical regularities.

    Members reiterated that fiscal and structural policies should make the economy more productive, competitive and resilient. They welcomed the European Commission’s Competitiveness Compass, which provided a concrete roadmap for action. It was seen as crucial to follow up, with further concrete and ambitious structural policies, on Mario Draghi’s proposals for enhancing European competitiveness and on Enrico Letta’s proposals for empowering the Single Market. Governments should implement their commitments under the EU’s economic governance framework fully and without delay. This would help bring down budget deficits and debt ratios on a sustained basis, while prioritising growth-enhancing reforms and investment.

    Against this background, members assessed that the risks to economic growth remained tilted to the downside. Greater friction in global trade could weigh on euro area growth by dampening exports and weakening the global economy. Lower confidence could prevent consumption and investment from recovering as fast as expected. This could be amplified by geopolitical risks, such as Russia’s unjustified war against Ukraine and the tragic conflict in the Middle East, which could disrupt energy supplies and further weigh on global trade. Growth could also be lower if the lagged effects of monetary policy tightening lasted longer than expected. It could be higher if easier financing conditions and falling inflation allowed domestic consumption and investment to rebound faster.

    On price developments, members concurred with Mr Lane’s assessment that the incoming data confirmed disinflation was on track and that a return to the target in the course of 2025 was within reach. On the nominal side, there had been no major data surprises since the December Governing Council meeting and inflation expectations remained well anchored. Recent inflation data had been slightly below the December staff projections, but energy prices were on the rise. These two elements by and large offset one another. The inflation baseline from the December staff projections was therefore still a realistic scenario, indicating that inflation was on track to converge towards target in the course of 2025. Nevertheless, it was recalled that, for 2027, the contribution from the new Emissions Trading System (ETS2) assumptions was mechanically pushing the Eurosystem staff inflation projections above 2%. Furthermore, the market fixings for longer horizons suggested that there was a risk of undershooting the inflation target in 2026 and 2027. It was remarked that further downside revisions to the economic outlook would tend to imply a negative impact on the inflation outlook and an undershooting of inflation could not be ruled out.

    At the same time, the view was expressed that the risks to the December inflation projections were now tilted to the upside, so that the return to the 2% inflation target might take longer than previously expected. Although it was acknowledged that the momentum in services inflation had eased in recent months, the outlook for inflation remained heavily dependent on the evolution of services inflation, which accounted for around 75% of headline inflation. Services inflation was therefore widely seen as the key inflation component to monitor during the coming months. Services inflation had been stuck at roughly 4% for more than a year, while core inflation had also proven sluggish after an initial decline, remaining at around 2.7% for nearly a year. This raised the question as to where core inflation would eventually settle: in the past, services inflation and core inflation had typically been closely connected. It was also highlighted that, somewhat worryingly, the inflation rate for “early movers” in services had been trending up since its trough in April 2024 and was now standing well above the “followers” and the “late movers” at around 4.6%. This partly called into question the narrative behind the expected deceleration in services inflation. Moreover, the January flash PMI suggested that non-labour input costs, including energy and shipping costs, had increased significantly. The increase in the services sector had been particularly sharp, which was reflected in rising PMI selling prices for services – probably also fuelled by the tight labour market. As labour hoarding was a more widespread phenomenon in manufacturing, this implied that a potential pick-up in demand and the associated cyclical recovery in labour productivity would not necessarily dampen unit labour costs in the services sector to the same extent as in manufacturing.

    One main driver of the stickiness in services inflation was wage growth. Although wage growth was expected to decelerate in 2025, it would still stand at 4.5% in the second quarter of 2025 according to the ECB wage tracker. The pass-through of wages tended to be particularly strong in the services sector and occurred over an extended period of time, suggesting that the deceleration in wages might take some time to be reflected in lower services inflation. The forward-looking wage tracker was seen as fairly reliable, as it was based on existing contracts, whereas focusing too much on lagging wage data posed the risk of monetary policy falling behind the curve. This was particularly likely if negative growth risks eventually affected the labour market. Furthermore, a question was raised as to the potential implications for wage pressures of more restrictive labour migration policies.

    Overall, looking ahead there seemed reasons to believe that both services inflation and wage growth would slow down in line with the baseline scenario in the December staff projections. From the current quarter onwards, services inflation was expected to decline. However, in the early months of the year a number of services were set to be repriced, for instance in the insurance and tourism sectors, and there were many uncertainties surrounding this repricing. It was therefore seen as important to wait until March, when two more inflation releases and the new projections would be available, to reassess the inflation baseline as contained in the December staff projections.

    As regards longer-term inflation expectations, members took note of the latest developments in market-based measures of inflation compensation and survey-based indicators. The December Consumer Expectations Survey showed another increase in near-term inflation expectations, with inflation expectations 12 months ahead having already gradually picked up from 2.4% in September to 2.8% in December. Density-based expectations were even higher at 3%, with risks tilted to the upside. According to the Survey on the Access to Finance of Enterprises, firms’ median inflation expectations had also risen to 3%. However it was regarded as important to focus more on the change in inflation expectations than on the level of expectations when interpreting these surveys.

    As regards risks to the inflation outlook, with respect to the market-based measures, the view was expressed that there had been a shift in the balance of risks, pointing to upside risks to the December inflation outlook. In financial markets, inflation fixings for 2025 had shifted above the December short-term projections and inflation expectations had picked up across all tenors. In market surveys, risks of overshooting had resurfaced, with a larger share of respondents in the surveys seeing risks of an overshooting in 2025. Moreover, it was argued that tariffs, their implications for the exchange rate, and energy and food prices posed upside risks to inflation.

    Against this background, members considered that inflation could turn out higher if wages or profits increased by more than expected. Upside risks to inflation also stemmed from the heightened geopolitical tensions, which could push energy prices and freight costs higher in the near term and disrupt global trade. Moreover, extreme weather events, and the unfolding climate crisis more broadly, could drive up food prices by more than expected. By contrast, inflation might surprise on the downside if low confidence and concerns about geopolitical events prevented consumption and investment from recovering as fast as expected, if monetary policy dampened demand by more than expected, or if the economic environment in the rest of the world worsened unexpectedly. Greater friction in global trade would make the euro area inflation outlook more uncertain.

    Turning to the monetary and financial analysis, members broadly agreed with the assessment presented by Ms Schnabel and Mr Lane. It was noted that market interest rates in the euro area had risen since the Governing Council’s December monetary policy meeting, partly mirroring higher rates in global financial markets. Overall, financial conditions had been broadly stable, with higher short and long-term interest rates being counterbalanced by strong risk asset markets and a somewhat weaker exchange rate.

    Long-term interest rates had been rising more substantially than short-term ones, resulting in a steepening of the yield curve globally since last autumn. At the same time, it was underlined that the recent rise in long-term bond yields did not appear to be particularly striking when looking at developments over a longer time period. Over the past two years long-term rates had remained remarkably stable, especially when taking into account the pronounced variation in policy rates.

    The dynamics of market rates since the December Governing Council meeting had been similar on both sides of the Atlantic. This reflected higher term premia as well as a repricing of rate expectations. However, the relative contributions of the underlying drivers differed. In the United States, one factor driving up market interest rates had been an increase in inflation expectations, combined with the persistent strength of the US economy as well as concerns over prospects of higher budget deficits. This had led markets to price out some of the rate cuts that had been factored into the rate expectations prevailing before the Federal Open Market Committee meeting in December 2024. Uncertainty regarding the policies implemented by the new US Administration had also contributed to the sell-off in US government bonds. In Europe, term premia accounted for a significant part of the increase in long-term rates, which could be explained by a combination of factors. These included spillovers from the United States, concerns over the outlook for fiscal policy, and domestic and global policy uncertainty more broadly. Attention was also drawn to the potential impact of tighter monetary policy in Japan, the world’s largest creditor nation, with Japanese investors likely to start shifting their funds away from overseas investments towards domestic bond markets in response to rising yields.

    The passive reduction in the Eurosystem’s balance sheet, as maturing bonds were no longer reinvested, was also seen as exerting gradual upward pressure on term premia over longer horizons, although this had not been playing a significant role – especially not in developments since the last meeting. The reduction had been indicated well in advance and had already been priced in, to a significant extent, at the time the phasing out of reinvestment had been announced. The residual Eurosystem portfolios were still seen to be exerting substantial downside pressure on longer-term sovereign yields as compared with a situation in which asset holdings were absent. It was underlined that, while declining central bank holdings did affect financial conditions, quantitative tightening was operating gradually and smoothly in the background.

    In the context of the discussion on long-term yields, attention was drawn to the possibility that rising yields might also lead to financial stability risks, especially in view of the high level of valuations and leverage in the world economy. A further financial stability risk related to the prospect of a more deregulated financial system in the United States, including in the realm of crypto-assets. This could allow risks to build up in the years to come and sow the seeds of a future financial crisis.

    Turning to financing conditions, past interest rate cuts were gradually making it less expensive for firms and households to borrow. For new business, rates on bank loans to firms and households had continued to decline in November. However, the interest rates on existing loans remained high, and financing conditions remained tight.

    Although credit was expanding, lending to firms and households was subdued relative to historical averages. Growth in bank lending to firms had risen to 1.5% in December in annual terms, up from 1.0% in November. Mortgage lending had continued to rise gradually but remained muted overall, with an annual growth rate of 1.1% in December following 0.9% in November. Nevertheless, the increasing pace of loan growth was encouraging and suggested monetary easing was starting to be transmitted through the bank lending channel. Some comfort could also be taken from the lack of evidence of any negative impact on bank lending conditions from the decline in excess liquidity in the banking system.

    The bank lending survey was providing mixed signals, however. Credit standards for mortgages had been broadly unchanged in the fourth quarter, after easing for a while, and banks expected to tighten them in the next quarter. Banks had reported the third strongest increase in demand for mortgages since the start of the survey in 2003, driven primarily by more attractive interest rates. This indicated a turnaround in the housing market as property prices picked up. At the same time, credit standards for consumer credit had tightened in the fourth quarter, with standards for firms also tightening unexpectedly. The tightening had largely been driven by heightened perceptions of economic risk and reduced risk tolerance among banks.

    Caution was advised on overinterpreting the tightening in credit standards for firms reported in the latest bank lending survey. The vast majority of banks had reported unchanged credit standards, with only a small share tightening standards somewhat and an even smaller share easing them slightly. However, it was recalled that the survey methodology for calculating net percentages, which typically involved subtracting a small percentage of easing banks from a small percentage of tightening banks, was an established feature of the survey. Also, that methodology had not detracted from the good predictive power of the net percentage statistic for future lending developments. Moreover, the information from the bank lending survey had also been corroborated by the Survey on the Access to Finance of Enterprises, which had pointed to a slight decrease in the availability of funds to firms. The latter survey was now carried out at a quarterly frequency and provided an important cross-check, based on the perspective of firms, of the information received from banks.

    Turning to the demand for loans by firms, although the bank lending survey had shown a slight increase in the fourth quarter it had remained weak overall, in line with subdued investment. It was remarked that the limited increase in firms’ demand for loans might mean they were expecting rates to be cut further and were waiting to borrow at lower rates. This suggested that the transmission of policy rate cuts was likely to be stronger as the end of the rate-cutting cycle approached. At the same time, it was argued that demand for loans to euro area firms was mainly being held back by economic and geopolitical uncertainty rather than the level of interest rates.

    Monetary policy stance and policy considerations

    Turning to the monetary policy stance, members assessed the data that had become available since the last monetary policy meeting in accordance with the three main elements the Governing Council had communicated in 2023 as shaping its reaction function. These comprised (i) the implications of the incoming economic and financial data for the inflation outlook, (ii) the dynamics of underlying inflation, and (iii) the strength of monetary policy transmission.

    Starting with the inflation outlook, members widely agreed that the incoming data were broadly in line with the medium-term inflation trajectory embedded in the December staff projections. Inflation had been slightly lower than expected in both November and December. The outlook remained heavily dependent on the evolution of services inflation, which had remained close to 4% for more than a year. However, the momentum of services inflation had eased in recent months and a further decrease in wage pressures was anticipated, especially in the second half of 2025. Oil and gas prices had been higher than embodied in the December projections and needed to be closely monitored, but up to now they did not suggest a major change to the baseline in the staff projections.

    Risks to the inflation outlook were seen as two-sided: upside risks were posed by the outlook for energy and food prices, a stronger US dollar and the still sticky services inflation, while a downside risk related to the possibility of growth being lower than expected. There was considerable uncertainty about the effect of possible US tariffs, but the estimated impact on euro area inflation was small and its sign was ambiguous, whereas the implications for economic growth were clearly negative. Further uncertainty stemmed from the possible downside pressures emanating from falling Chinese export prices.

    There was some evidence suggesting a shift in the balance of risks to the upside since December, as reflected, for example, in market surveys showing that the risk of inflation overshooting the target outweighed the risk of an undershooting. Although some of the survey-based inflation expectations as well as market-derived inflation compensation had been revised up slightly, members took comfort from the fact that longer-term measures of inflation expectations remained well anchored at 2%.

    Turning to underlying inflation, members concurred that developments in most measures of underlying inflation suggested that inflation would settle at around the target on a sustained basis. Core inflation had been sticky at around 2.7% for nearly a year but had also turned out lower than projected. A number of measures continued to show a certain degree of persistence, with domestic inflation remaining high and exclusion-based measures proving sticky at levels above 2%. In addition, the translation of wage moderation into a slower rise in domestic prices and unit labour costs was subject to lags and predicated on profit margins continuing their buffering role as well as a cyclical rebound in labour productivity. However, a main cause of stickiness in domestic inflation was services inflation, which was strongly influenced by wage growth, and this was expected to decelerate in the course of 2025.

    As regards the transmission of monetary policy, recent credit dynamics showed that monetary policy transmission was working. Both the past tightening and the subsequent gradual removal of restriction were feeding through to financing conditions, including lending rates and credit flows. It was highlighted that not all demand components had been equally responsive, with, in particular, business investment held back by high uncertainty and structural weaknesses. Companies widely cited having their own funds as a reason for not making loan applications, and the reason for not investing these funds was likely linked to the high levels of uncertainty, rather than to the level of interest rates. Hence low investment was not necessarily a sign of a restrictive monetary policy. At the same time, it was unclear how much of the past tightening was still in the pipeline. Similarly, it would take time for the full effect of recent monetary policy easing to reach the economy, with even variable rate loans typically adjusting with a lag, and the same being true for deposits.

    Monetary policy decisions and communication

    Against this background, all members agreed with the proposal by Mr Lane to lower the three key ECB interest rates by 25 basis points. Lowering the deposit facility rate – the rate through which the monetary policy stance was steered – was justified by the updated assessment of the inflation outlook, the dynamics of underlying inflation and the strength of monetary policy transmission.

    There was a clear case for a further 25 basis point rate cut at the current meeting, and such a step was supported by the incoming data. Members concurred that the disinflationary process was well on track, while the growth outlook continued to be weak. Although the goal had not yet been achieved and inflation was still expected to remain above target in the near term, confidence in a timely and sustained convergence had increased, as both headline and core inflation had recently come in below the ECB projections. In particular, a return of inflation to the 2% target in the course of 2025 was in line with the December staff baseline projections, which were constructed on the basis of an interest rate path that stood significantly below the present level of the forward curve.

    At the same time, it was underlined that high levels of uncertainty, lingering upside risks to energy and food prices, a strong labour market and high negotiated wage increases, as well as sticky services inflation, called for caution. Upside risks could delay a sustainable return to target, while inflation expectations might be more fragile after a long period of high inflation. Firms had also learned to raise their prices more quickly in response to new inflationary shocks. Moreover, the financial market reactions to heightened geopolitical uncertainty or risk aversion often led to an appreciation of the US dollar and might involve spikes in energy prices, which could be detrimental to the inflation outlook.

    Risks to the growth outlook remained tilted to the downside, which typically also implied downside risks to inflation over longer horizons. The outlook for economic activity was clouded by elevated uncertainty stemming from geopolitical tensions, fiscal policy concerns in the euro area and recent global trade frictions associated with potential future actions by the US Administration that might lead to a global economic slowdown. As long as the disinflation process remained on track, policy rates could be brought further towards a neutral level to avoid unnecessarily holding back the economy. Nevertheless, growth risks had not shifted to a degree that would call for an acceleration in the move towards a neutral stance. Moreover, it was argued that greater caution was needed on the size and pace of further rate cuts when policy rates were approaching neutral territory, in view of prevailing uncertainties.

    Lowering the deposit facility rate to 2.75% at the current meeting was also seen as appropriate from a risk-management perspective. On the one hand, it left sufficient optionality to react to the possible emergence of new price pressures. On the other hand, it addressed the risk of falling behind the curve in dialling back restriction and guarded against inflation falling below target.

    Looking ahead, it was regarded as premature for the Governing Council to discuss a possible landing zone for the key ECB interest rates as inflation converged sustainably to target. It was widely felt that even with the current deposit facility rate, it was relatively safe to make the assessment that monetary policy was still restrictive. This was also consistent with the fact that the economy was relatively weak. At the same time, the view was expressed that the natural or neutral rate was likely to be higher than before the pandemic, as the balance between the global demand for and supply of savings had changed over recent years. The main reasons for this were the high and rising global need for investment to deal with the green and digital transitions, the surge in public debt and increasing geopolitical fragmentation, which was reversing the global savings glut and reducing the supply of savings. A higher neutral rate implied that, with a further reduction in policy rates at the present meeting, rates would plausibly be getting close to neutral rate territory. This meant that the point was approaching where monetary policy might no longer be characterised as restrictive.

    In this context, the remark was made that the public debate about the natural or neutral rate among market analysts and observers was becoming more intense, with markets trying to gauge the Governing Council’s assessment of it as a proxy for the terminal rate in the current rate cycle. This debate was seen as misleading, however. The considerable uncertainty as to the level of the natural or neutral interest rate was recalled. While the natural rate could in theory be a longer-term reference point for assessing the monetary policy stance, it was an unobservable variable. Its practical usefulness in steering policy on a meeting-by-meeting basis was questionable, as estimates were subject to significant model and parameter uncertainty, so confidence bands were too large to give any clear guidance. Moreover, the natural rate was a steady state concept, which was hardly applicable in a rapidly changing environment – as at present – with continuous new shocks.

    Moreover, it was mentioned that a box describing the latest Eurosystem staff estimates of the natural rate would be published in the Economic Bulletin and pre-released on 7 February 2025. The box would emphasise the wide range of point estimates, the properties of the underlying models and the considerable statistical uncertainty surrounding each single point estimate. The view was expressed that there was no alternative to the Governing Council identifying, meeting by meeting, an appropriate policy rate path which was consistent with reaching the target over the medium term. Such an appropriate path could only be identified in real time, taking into account a sufficiently broad set of information.

    Turning to communication aspects, it was widely stressed that maintaining a data-dependent approach with full optionality at every meeting was prudent and continued to be warranted. The present environment of elevated uncertainty further strengthened the case for taking decisions meeting by meeting, with no room for forward guidance. The meeting-by-meeting approach, guided by the three-criteria framework, was serving the Governing Council well and members were comfortable with the way markets were interpreting the ECB’s reaction function. It was also remarked that data-dependence did not imply being backward-looking in calibrating policy. Monetary policy was, by definition, forward-looking, as it affected inflation in the future and the primary objective was defined over the medium term. Data took many forms, and all relevant information had to be considered in a timely manner.

    Taking into account the foregoing discussion among the members, upon a proposal by the President, the Governing Council took the monetary policy decisions as set out in the monetary policy press release. The members of the Governing Council subsequently finalised the monetary policy statement, which the President and the Vice-President would, as usual, deliver at the press conference following the Governing Council meeting.

    Monetary policy statement

    Monetary policy statement for the press conference of 30 January 2025

    Press release

    Monetary policy decisions

    Meeting of the ECB’s Governing Council, 29-30 January 2025

    Members

    • Ms Lagarde, President
    • Mr de Guindos, Vice-President
    • Mr Centeno
    • Mr Cipollone
    • Mr Demarco, temporarily replacing Mr Scicluna
    • Mr Dolenc, Deputy Governor of Banka Slovenije
    • Mr Elderson
    • Mr Escrivá*
    • Mr Holzmann
    • Mr Kālis, Acting Governor of Latvijas Banka
    • Mr Kažimír
    • Mr Knot
    • Mr Lane
    • Mr Makhlouf*
    • Mr Müller
    • Mr Nagel
    • Mr Panetta
    • Mr Patsalides*
    • Mr Rehn
    • Mr Reinesch
    • Ms Schnabel
    • Mr Šimkus
    • Mr Stournaras*
    • Mr Villeroy de Galhau
    • Mr Vujčić*
    • Mr Wunsch

    * Members not holding a voting right in January 2025 under Article 10.2 of the ESCB Statute.

    Other attendees

    • Mr Dombrovskis, Commissioner**
    • Ms Senkovic, Secretary, Director General Secretariat
    • Mr Rostagno, Secretary for monetary policy, Director General Monetary Policy
    • Mr Winkler, Deputy Secretary for monetary policy, Senior Adviser, DG Monetary Policy

    ** In accordance with Article 284 of the Treaty on the Functioning of the European Union.

    Accompanying persons

    • Mr Arpa
    • Ms Bénassy-Quéré
    • Mr Debrun
    • Mr Gavilán
    • Mr Gilbert
    • Mr Kaasik
    • Mr Koukoularides
    • Mr Lünnemann
    • Mr Madouros
    • Mr Martin
    • Mr Nicoletti Altimari
    • Mr Novo
    • Mr Rutkaste
    • Ms Schembri
    • Mr Šiaudinis
    • Mr Šošić
    • Mr Tavlas
    • Mr Ulbrich
    • Mr Välimäki
    • Ms Žumer Šujica

    Other ECB staff

    • Mr Proissl, Director General Communications
    • Mr Straub, Counsellor to the President
    • Ms Rahmouni-Rousseau, Director General Market Operations
    • Mr Arce, Director General Economics
    • Mr Sousa, Deputy Director General Economics

    Release of the next monetary policy account foreseen on 3 April 2025.

    MIL OSI Europe News

  • MIL-OSI Asia-Pac: Government launches Aadhaar Good Governance portal to streamline approval process for Aadhaar authentication requests

    Source: Government of India

    Government launches Aadhaar Good Governance portal to streamline approval process for Aadhaar authentication requests

    New Aadhaar Governance Portal to Enhance Ease of Living, Make Services More People-Friendly, and Improve Citizen-Centric Access to Services

    New Rule Enables Seamless Aadhaar Authentication for Public Interest Services by Both Government and Private Entities

    Posted On: 27 FEB 2025 8:33PM by PIB Delhi

    The Ministry of Electronics and Information Technology (MeitY) today launched Aadhaar Good Governance portal to streamline approval process for Aadhaar authentication requests. This is in sync with an effort to make Aadhaar more people-friendly, enable ease of living, and enable better access to services for people.

    The Aadhaar Good Governance portal was launched by Shri S. Krishnan, Secretary, MeitY in the presence of Shri Bhuvnesh Kumar, CEO UIDAI, Shri Inder Pal Singh Sethi Director General of NIC, Shri Manish Bhardwaj, DDG UIDAI,  Shri Amod Kumar, DDG UIDAI and other senior officials from MeitY, UIDAI and NIC.

    Enhance Ease of Living and Service Accessibility

    The online platform (http://swik.meity.gov.in) comes into effect, after Aadhaar Authentication for Good Governance (Social Welfare, Innovation, Knowledge) Amendment Rules, 2025 under the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016 was notified in late January 2025. This amendment has been done to help improve transparency and inclusivity in the decision-making process.

    Aadhaar is considered as the most trusted digital ID in the world. In the past decade, more than a billion Indians have expressed their trust in Aadhaar by using it to authenticate themselves over 100 billion times. Expansion of the scope of Aadhaar authentication, as envisaged in the amendment, will further improve ease of living and facilitate hassle-free access to newer services of their choice.

    Shri Krishnan, Secretary, MeitY  highlighted that with the launch of this platform and continuous improvement of other processes and systems around it, we hope to expedite the process of adding more use cases in the domain of good governance and ease of living.

    Shri Bhuvnesh Kumar, CEO UIDAI underlined how Aadhaar is facilitating the growth of India’s digital economy. He said Aadhaar is an enabler of good governance, and resident centricity is the focus of UIDAI. The Aadhaar good governance portal has been developed to facilitate ease of submission and approval proposals by entities in accordance with the prescribed rules.

    Seamless Authentication for Public Interest Services

    The amendment enables both government and non-government entities to avail Aadhaar authentication service for providing various services in the public interest for related specific purposes like enablement of innovation, spread of knowledge, promoting ease of living of residents and enabling better access to services for them. This will help both the service providers as well as the service seekers to have trusted transactions.

    The fresh amendment enables Aadhaar number holders to avail hassle free services from several sectors including hospitality, healthcare, credit rating bureau, e-commerce players, educational institutions and aggregator service providers. Service providers too will find it helpful for a range of things including staff attendance, customer onboarding, e-KYC verification, exam registrations etc.

     

    Portal to Offer Step-by-Step Guide for Authentication Requests

    The portal shall work as a resource rich guide, and offer detailed SOP for authentication seeking entities on how to apply and how to onboard for Aadhaar authentication.

    Face Authentication may also be integrated in the customer facing apps of private entities, which will enable anytime anywhere, authentication.

    As part of its commitment to make Aadhaar people-friendly and enable ease of living and better access to services for citizens, the Ministry had proposed rules to enable Aadhaar authentication by entities other than Government Ministries and Departments. The proposed amendments were posted on the Ministry website and comments were invited from the stakeholders and the general public during April and May 2023.

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    Dharmendra Tewari/Shatrunjay Kumar

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  • MIL-OSI Asia-Pac: A high-level European Union delegation, led by Ms Ekaterina Zaharieva, currently on India visit, today called on Union Minister for Science and Technology, Dr. Jitendra Singh and discussed primarily the StartUp and innovation collaborations

    Source: Government of India

    A high-level European Union delegation, led by Ms Ekaterina Zaharieva, currently on India visit, today called on Union Minister for Science and Technology, Dr. Jitendra Singh and discussed primarily the StartUp and innovation collaborations

    The meeting between Ekaterina, who is the European Union Commissioner for Startups, Research and Innovation and the Indian Minister marks a significant milestone in India-EU cooperation in the field of science and technology

    Recalls the long-standing and growing cooperation between India and the European Union (EU) in the field of science and technology

    “Prime Minister Narendra Modi Instrumental in Making India a hub of hub of cutting-edge research, fostering innovation, and driving transformative initiatives across various scientific domains” says Dr. Singh

    Highlights AI, Quantum Mission, healthcare, Ocean Polar along with other areas with potential of India -EU collaboration

    Posted On: 27 FEB 2025 8:27PM by PIB Delhi

    A high-level European Union delegation, led by Ms Ekaterina Zaharieva, currently on India visit, today called on Union Minister of State (Independent Charge) for Science and Technology, Dr. Jitendra Singh and discussed primarily the StartUp and innovation collaborations.

    The meeting between Ekaterina, who is the European Union Commissioner for Startups, Research and Innovation and the Indian Minister marks a significant milestone in India-EU cooperation in the field of science and technology.

    The Science and Technology Minister emphasized the longstanding partnership between India and the European Union, which dates back to the signing of the India-EU Science and Technology Agreement in 2001, renewed in 2015 and 2020, and set to be renewed once again for the period 2025-2030.

    Dr. Jitendra Singh credited Prime Minister Narendra Modi for his visionary leadership and unwavering support, which has played a pivotal role in India’s remarkable leap in science and technology. He noted that PM Modi has been instrumental in steering the country towards becoming a hub of cutting-edge research, fostering innovation, and driving transformative initiatives across various scientific domains.

    During the discussions, Dr. Jitendra Singh highlighted several key areas where India and the EU can collaborate further to drive innovation and sustainable development.

    These areas include:

    Water Resource Management

    Clean Energy & Smart Grids

    Artificial Intelligence (AI), Data & Robotics

    Healthcare (including Vaccine Development and Pandemic Preparedness)

    Climate Change & Polar Research

    The Minister stressed that collaboration in these areas would harness the strengths of both India and Europe, with an emphasis on increasing synergy and sharing knowledge and resources.

    Dr. Singh underscored India’s commitment to advancing joint research initiatives with the EU, particularly during the period from 2020 to 2024. He referred to ongoing projects such as:

    Department of Science and Technology (DST): Projects on Water, Energy, AI, Data, and Robotics

    Department of Biotechnology (DBT): Collaborative work on Water Resources and Vaccine Development

    Ministry of Earth Sciences (MoES): Joint research on Climate Change and Polar Research

    The Minister emphasized India’s substantial contribution to these projects, amounting to €20.92 million. He also named several noteworthy achievements and projects, including:

    Geospatial Mapping of Point/Non-Point Pollution Sources (SPRING)

    PAVITRA GANGA: Demonstration of novel wastewater treatment technologies at Kanpur and Barapullah, New Delhi

    ENDFLU: Development of an improved influenza vaccine (Myn002) for better protection against drifted influenza strains

    BRIC-THSTI: Development of domestic influenza vaccine testing capacity through the ENDFLU and INCENTIVE projects

    PRESCRIP-TEC: HPV awareness and screening initiatives

    RUTI®: Phase 1 trials of Anti-TB vaccine

    The Minister of Earth Sciences, Dr. Singh, further emphasized the importance of international collaboration in addressing oceanic and climatic challenges. Key areas of research include:Ocean warming, deoxygenation, and acidification;Polar climate studies;Ocean forecasting.

    Dr. Jitendra Singh stressed the need for global cooperation to address these threats and ensure the health of the planet’s ecosystems.

    Looking ahead, Dr. Singh outlined several promising areas for future India-EU collaboration:

    Quantum Research: India’s emerging Quantum R&D capabilities combined with the EU’s advanced quantum hardware can lead to breakthroughs in secure communication and computing.

    Bioeconomy: India’s first-of-its-kind Bioeconomy (BioE3) policy, along with the EU’s expertise, can foster growth in the sector.

    Green Hydrogen: India’s scaling renewable hydrogen projects, paired with the EU’s leadership in electrolysis technology, can drive transformational change in energy.

    Battery Technology & Blue Economy: Exploring innovations in energy storage and sustainable use of ocean resources.

    High-Performance Computing: Enhancing computational capabilities for scientific and industrial applications.

    Dr. Singh also highlighted India’s commitment to tackling climate change through clean energy collaboration, particularly in offshore wind and solar projects. This, he said, would help meet the ambitious climate targets set by both India and the EU.

    The S&T Minister pointed out that India’s National AI Mission, backed by substantial funding, will be a key area for collaboration between India and the EU. He emphasized the potential for both regions to lead in AI safety and security, ensuring the development of AI in a sustainable, equitable, and inclusive manner.

    In the health sector, Dr. Singh identified several key areas where India and the EU can collaborate:Infectious and Non-Infectious Diseases; Novel Therapeutics, Biologicals, and Early Diagnostics; Drug Repurposing; AI in Healthcare Antimicrobial Resistance (AMR); One Health Approach.

    He stressed that the partnership between India and Europe could extend to these critical health challenges, which have global implications.

    From the Directorate-General for Research and Innovation, Mr. Marc Lemaître, Director-General; Ms. Nienke Buisman, Head of Unit, Innovation, Prosperity, and International Cooperation; and from the Cabinet of the Commissioner, Ms. Sophie Alexandrova, Deputy Head of Cabinet, along with Mr. Ivan Dimov, Member of Cabinet; Mr. Pierrick Fillon-Ashida, First Counsellor & Head of the Research & Innovation Section; Dr. Vivek Dham, Policy Officer, Research & Innovation Section, EU Delegation to India, were part of the delegation.

    Dr. Jitendra Singh concluded the discussions by reiterating India’s deep commitment to strengthening its partnership with the European Union in science and technology. He expressed confidence that the shared vision for collaboration in key sectors will create a pathway to solving global challenges and advancing mutual interests.

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  • MIL-OSI Asia-Pac: National Science Day to be celebrated with theme ‘Empowering Indian Youth for Global Leadership in Science & Innovation for Viksit Bharat’

    Source: Government of India

    Posted On: 27 FEB 2025 8:26PM by PIB Delhi

    Union Minister of State (Independent Charge) Science & Technology; Minister of State (Independent Charge) Earth Sciences; MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh will grace the National Science Day (NSD) 2025 celebration at Vigyan Bhawan on February 28, 2025.

    The theme of the programme this year is “Empowering Indian Youth for Global Leadership in Science & Innovation for Viksit Bharat”. The theme has been inspired by the emphasis of Hon’ble Prime Minister Shri Narendra Modi on the power of the youth to innovate and bring about transformations and his dream of Viksit Bharat through global leadership in S&T.

    Two National Science Day lectures will be also delivered on the theme by Shri Shashi S. Vempati, Co-Founder AI4India & Former CEO Prasar Bharati and Prof. Sanjay Behari, Director, Sree Chitra Tirunal Institute for Medical Sciences and Technology, Kerala.

    NSD is celebrated every year on February 28 to commemorate the discovery of the ‘Raman Effect.’ The Government of India designated February 28 as National Science Day (NSD) in 1986. On this day, Sir C.V. Raman announced the discovery of the ‘Raman Effect’ for which he was awarded the Nobel Prize in 1930. On this occasion, theme-based science communication activities are carried out all over the country.

    Its celebrations are targeted to increase public appreciation of the scientific issues involved, bring scientific awareness in the country and to encourage curiosity and understanding about science and entice young people to pursue science. Many institutions organize open house sessions for their laboratories and appraise students about career opportunities available in the respective research laboratories/institutions.

    National Council for Science & Technology Communication (NCSTC), Department of Science and Technology (DST) acts as a nodal agency to support, catalyse and coordinate the celebration of the National Science Day throughout the country in scientific institutions, research laboratories and autonomous scientific institutions associated with the Department of Science and Technology. NCSTC also supports various programmes like lectures, quizzes, open house sessions across the country through State S&T Councils & Departments.

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  • MIL-OSI Asia-Pac: Dubai ETO greets Year of Snake with gala dinners in Riyadh and Dubai (with photos)

    Source: Hong Kong Government special administrative region

         The Hong Kong Economic and Trade Office in Dubai (Dubai ETO), in collaboration with the Hong Kong Trade Development Council (HKTDC), hosted gala dinners in Riyadh, Saudi Arabia on February 24 (Riyadh time) and in Dubai, the United Arab Emirates (UAE) on February 25 (Dubai time) to celebrate the Year of Snake with Saudi and UAE communities, and promote Hong Kong as well as its unique advantages and culture to locals from various sectors.
          
         A total of over 450 guests from the government, business and cultural sectors as well as the local Hong Kong community attended the two gala dinners. Among them were the Minister of State for Foreign Trade of the UAE, Dr Thani bin Ahmed Al Zeyoudi, the Consul-General of the People’s Republic of China in Dubai, Ms Ou Boqian, and the Chairman of the Saudi Chinese Business Council, Mr Mohammed Al Ajlan.
          
         In his welcoming remarks to the guests, the Director-General of the Dubai ETO, Mr Damian Lee, highlighted the closer-than-ever relations and booming exchanges between Hong Kong and the Middle East region, marked by robust and active trade and economic co-operation as well as deepening collaboration in tourism, culture, education and many areas, since the establishment of the Dubai ETO more than three years ago and successive visits to Gulf countries by the Chief Executive and various Principal Officials.
          
         Mr Lee also shared with guests how Hong Kong’s distinctive advantages of having strong support of the country while maintaining unparalleled connectivity with the world render the city her role as a bridge linking the Mainland China and the rest of the world. He encouraged local business operators to make good use of Hong Kong’s measures dovetailing with national development strategies to expand their business in Hong Kong.
          
         “Like the virtuous snake in the Chinese zodiac, Hong Kong demonstrated her wisdom, flexibility and resilience amidst global uncertainties: in 2024, Hong Kong remained the world’s freest economy and the third-largest global financial centre with a record number of 10 000 non-local firms, a 10 per cent increase on the previous year and a testament to the abundant confidence of people from around the world. Hong Kong also launched the New Capital Investment Entrant Scheme last year, further enhancing our attractiveness to foreign capital and talents. In the Year of Snake ahead, Hong Kong and the Middle East will definitely build upon the strong foundation of our relationship for further collaborations.”
          
         The Dubai ETO also invited Legislative Council Member and Associate Vice-President of Lingnan University, Professor Lau Chi-pang, to deliver a keynote presentation, on Hong Kong’s rich intangible cultural heritage, as guests marvelled at the diversity, openness and the unique mix of Eastern and Western cultures of Hong Kong. During the dinners, representatives from Invest Hong Kong and HKTDC also shared respectively Hong Kong’s promising investment opportunities and the upcoming trade fairs and activities in Hong Kong, and encouraged local businesses to invest and join fairs in Hong Kong.
          
         The events also featured cultural performances, including the ancient Chinese theatrical art form from Sichuan opera – face-changing, as well as fascinating and interactive magic shows with Hong Kong elements by Louis Yan, an internationally renowned champion magician from Hong Kong who has won the Merlin Award, also known as the “Oscars” among professional magicians. The performances received enthusiastic applause from the audience who were deeply impressed by the beauty of the traditional Chinese culture and the authentic local culture of Hong Kong.                                       

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: PM chairs a High-Level Meeting to review Ayush sector

    Source: Government of India (2)

    PM chairs a High-Level Meeting to review Ayush sector

    PM undertakes comprehensive review of the Ayush sector and emphasizes the need for strategic interventions to harness its full potential

    PM discusses increasing acceptance of Ayush worldwide and its potential to drive sustainable development

    PM reiterates government’s commitment to strengthen the Ayush sector through policy support, research, and innovation

    PM emphasises the need to promote holistic and integrated health and standard protocols on Yoga, Naturopathy and Pharmacy Sector

    Posted On: 27 FEB 2025 8:14PM by PIB Delhi

    Prime Minister Shri Narendra Modi chaired a high-level meeting at 7 Lok Kalyan Marg to review the Ayush sector, underscoring its vital role in holistic wellbeing and healthcare, preserving traditional knowledge, and contributing to the nation’s wellness ecosystem.

    Since the creation of the Ministry of Ayush in 2014, Prime Minister has envisioned a clear roadmap for its growth, recognizing its vast potential. In a comprehensive review of the sector’s progress, the Prime Minister emphasized the need for strategic interventions to harness its full potential. The review focused on streamlining initiatives, optimizing resources, and charting a visionary path to elevate Ayush’s global presence.

    During the review, the Prime Minister emphasized the sector’s significant contributions, including its role in promoting preventive healthcare, boosting rural economies through medicinal plant cultivation, and enhancing India’s global standing as a leader in traditional medicine. He highlighted the sector’s resilience and growth, noting its increasing acceptance worldwide and its potential to drive sustainable development and employment generation.

    Prime Minister reiterated that the government is committed to strengthening the Ayush sector through policy support, research, and innovation. He also emphasised the need to promote holistic and integrated health and standard protocols on Yoga, Naturopathy and Pharmacy Sector.

    Prime Minister emphasized that transparency must remain the bedrock of all operations within the Government across sectors. He directed all stakeholders to uphold the highest standards of integrity, ensuring that their work is guided solely by the rule of law and for the public good.

    The Ayush sector has rapidly evolved into a driving force in India’s healthcare landscape, achieving significant milestones in education, research, public health, international collaboration, trade, digitalization, and global expansion. Through the efforts of the government, the sector has witnessed several key achievements, about which the Prime Minister was briefed during the meeting.

    • Ayush sector demonstrated exponential economic growth, with the manufacturing market size surging from USD 2.85 billion in 2014 to USD 23 billion in 2023.

    •India has established itself as a global leader in evidence-based traditional medicine, with the Ayush Research Portal now hosting over 43,000 studies. 

    • Research publications in the last 10 years exceed the publications of the previous 60 years.

    • Ayush Visa to further boost medical tourism, attracting international patients seeking holistic healthcare solutions.

    • The Ayush sector has witnessed significant breakthroughs through collaborations with premier institutions at national and international levels.

    • The strengthening of infrastructure and a renewed focus on the integration of artificial intelligence under Ayush Grid.

    • Digital technologies to be leveraged for promotion of Yoga.

    • iGot platform to host more holistic Y-Break Yoga like content

    • Establishing the WHO Global Traditional Medicine Centre in Jamnagar, Gujarat is a landmark achievement, reinforcing India’s leadership in traditional medicine. 

    • Inclusion of traditional medicine in the World Health Organization’s International Classification of Diseases (ICD)-11.

    • National Ayush Mission has been pivotal in expanding the sector’s infrastructure and accessibility.

    •  More than 24.52 Cr people participated in 2024, International Day of Yoga (IDY) which has now become a global phenomenon.

    • 10th Year of International Day of Yoga (IDY) 2025 to be a significant milestone with more participation of people across the globe.

    The meeting was attended by Union Health Minister Shri Jagat Prakash Nadda, Minister of State (IC), Ministry of Ayush and Minister of State, Ministry of Health & Family Welfare, Shri Prataprao Jadhav, Principal Secretary to PM Dr. P. K. Mishra, Principal Secretary-2 to PM Shri Shaktikanta Das, Advisor to PM Shri Amit Khare and senior officials.

     

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  • MIL-OSI Asia-Pac: LOK SABHA SPEAKER EXHORTS YOUTH TO COMMIT THEMSELVES TO THE GOAL OF AATMANIRBHAR BHARAT

    Source: Government of India

    LOK SABHA SPEAKER EXHORTS YOUTH TO COMMIT THEMSELVES TO THE GOAL OF AATMANIRBHAR BHARAT

    INSTEAD OF LOOKING TOWARDS DEVELOPED COUNTRIES, OUR YOUTH SHOULD FOCUS ON MAKING INDIA A DEVELOPED COUNTRY BY 2047: LOK SABHA SPEAKER

    SUCCESS OF EDUCATION LIES IN IMPROVING LIVES OF THE POOR, MARGINALIZED AND THE LAST PERSON IN THE SOCIETY: LOK SABHA SPEAKER

    INDIA’S SUCCESSFUL JOURNEY AS A DEMOCRACY IS AN INSPIRATION FOR WORLD: LOK SABHA SPEAKER

    LOK SABHA SPEAKER ADDRESSES STUDENTS OF BHARATI VIDHYAPEETH, PUNE

    Posted On: 27 FEB 2025 7:29PM by PIB Delhi

    Lok Sabha Speaker Shri Om Birla today urged the youth  to commit themselves to the goal of Aatmanirbhar Bharat by creating employment opportunities.  Stressing that the New India has a lot of potential with immense opportunities in various fields, he exhorted the youth to be trailblazers in research and innovation to achieve the resolve of a developed India by 2047.

    Shri Birla made these observations while speaking at the 26th Convocation of Bharati Vidyapeeth, Pune where he was the Chief Guest. Noting that Indian youth are already leading the world with their knowledge, capabilities and wisdom, he mentioned that even the developed countries’ prosperity is an outcome of the contributions of the Indian youth in those countries.

    Stating that the New India is marching on the path of prosperity with new opportunities, Shri Birla opined that the youth of India, instead of looking towards the developed countries for their future, should focus on directing their talent and energy to make India a developed country by 2047. Mentioning that the Indian youth have the power to provide solutions to global challenges, he observed that India, powered by the knowledge, wisdom, capabilities of the youth, will lead the world in providing emerging solutions to the global challenges. He exhorted the youth to dream big, work hard and become active partners in country’s prosperity. Education would be deemed to be successful when its benefits would improve the lives of the poor, the marginalized and the last person in the society, he added. 

    Referring to India’s journey during the last 75 years, Shri Birla noted that India’s successful journey as a democracy is an inspiration for the world. The World is looking towards India for promoting democratic spirit in other countries, he observed.

    Mentioning about the glorious history of Maharashtra, Shri Birla said that Maharashtra is the land of many struggles and social and spiritual revolution. Referring to Veer Shivaji, Jyotiba Phule, Savitribai Phule, he noted that these personalities had played an important role in shaping the history of India and they will continue to be our inspiration for the years to come. 

    On this occasion, Shri Birla gave away certificates and prizes to the successful students of Bharati Vidyapeeth.

     

    Lok Sabha Speaker Shri Om Birla addressed students at 26th Convocation of Bharati Vidhyapeeth, Pune on 27 February, 2025.

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  • MIL-OSI Asia-Pac: PRESIDENT OF INDIA GRACES CONVOCATION CEREMONY OF THE NATIONAL INSTITUTE OF DESIGN, AHMEDABAD

    Source: Government of India

    Posted On: 27 FEB 2025 7:24PM by PIB Delhi

    The President of India, Smt Droupadi Murmu, graced the convocation ceremony of the National Institute of Design, Ahmedabad today (February 27, 2025).

    Speaking on the occasion, the President said that there are many problems all around us, and many of them require design tweaks an dnot great resources. Creative thinking can lead to solutions that can improve the ease of living, especially for the underprivileged communities. She highlighted that design is often a less noticed but crucial factor in social and economic development of our country. She was happy to note that the National Institute of Design has excelled in the concept of design with emphasis on ‘design as a service for the betterment of society’.

    The President said that traditionally, in our country, design has been interwoven in the fabric of everyday life in all communities. We need to study and document knowledge systems, including design systems, of more traditional communities. Their cultural practices hold the key to some of the challenges that confront the world in 21st century. Therefore, revitalizing the historical solutions drawn from India’s diverse cultures and leveraging them for innovation will benefit not only the nation but will also contribute to global progress.

    The President said that our designers have demonstrated the power of design to create positive social change. They are making impactful design interventions in the social sector, bringing improvements in crucial areas such as healthcare, housing and sanitation. They are focusing their skills and expertise on addressing real-world problems, which often affect marginalised communities. This way, they are also helping bridge the urban-rural divide.

    The President told the students that making beautiful things is a creative job and brings joy as well as monetary rewards. But they should never forget the functional aspect. There are problems that await their solutions. She further told students that their creative spark can change the lives of people. She advised them to spend some time in villages, and in remote areas if possible. She said that this would inspire new ways of looking at the world, and they could help people there with their learning. She urged students to think of the humble ‘charkha’ and then think of Gandhiji who rediscovered it and sought out people to enhance its design. She said that Gandhiji’s sole motive was to free millions of people from poverty. His notion of design had a beauty of its own.

    Please click here to see the President’s Speech – 

     

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  • MIL-OSI Asia-Pac: EDB holds “Set Sail for Hong Kong – International Assessments” Ceremony (with photos)

    Source: Hong Kong Government special administrative region

         The Education Bureau (EDB) held the “Set Sail for Hong Kong – International Assessments” Ceremony today (February 27) to encourage the education sector and students to actively participate in international assessments, showcasing Hong Kong’s educational excellence and the exceptional capabilities of its students. About 450 principals, teachers, students and parents attended.
     
         Officiating at the ceremony, the Secretary for Education, Dr Choi Yuk-lin, expressed her gratitude to all stakeholders for their efforts in nurturing students. She encouraged schools and students to actively participate in international assessments, which could allow schools to gain a deep understanding of factors affecting students’ study with a view to formulating more effective education strategies.
     
         Dr Choi also encouraged students who would be representing Hong Kong in the international assessments. She noted that their participation was not only meant to test their abilities; it was also set out to be an invaluable learning journey. She said that she hoped students will give full play to their strength in embracing various experiential learning opportunities to bring glory to Hong Kong.
     
         At the ceremony, student representatives from 18 districts led a procession into the venue, carrying the designs of the winning entry of the Mascot Design Competition for Hong Kong’s Participation in International Assessments. The procession was followed by the presentation of awards for the competition. The winning entries incorporated a variety of elements, with designs that reflected the significance of Hong Kong’s participation in international assessments, showcasing students’ creativity and talents. The competition received enthusiastic responses, with over 800 students from more than 90 secondary schools participating.
     
         In addition, student representatives shared their learning experiences from past participation in international assessments. They said that the assessments gave them opportunities to apply knowledge, think and solve real-life problems. These experiences had not only broadened their horizons but also motivated them to take a more proactive approach to learning and apply what they have learnt in daily life. They encouraged future student participants in international assessments to cherish these learning experiences.
     
         For more than two decades, Hong Kong has been participating in various international assessments, such as the Programme for International Student Assessment (PISA), Trends in International Mathematics and Science Study and Progress in International Reading Literacy Study. For this event, the EDB also invited the PISA 2025 Project Team from the University of Hong Kong to introduce various experiential learning activities related to international assessments. These included educational activities for students and professional development programmes for teachers, aimed at deepening the understanding of international assessments among schools, teachers and students, as well as enriching students’ learning experiences.
     
         The Main Study of PISA 2025 will be conducted from late May to early July this year, with approximately 230 schools and 8 000 15-year-old Hong Kong students participating.            

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Exclusive Masterclass Series for Filmmakers & Animators: Ministry of Information & Broadcasting Partners with Leading Creative Studio

    Source: Government of India

    Exclusive Masterclass Series for Filmmakers & Animators: Ministry of Information & Broadcasting Partners with Leading Creative Studio

    Animation Filmmakers Competition (AFC): A Gateway to Global Recognition, Mentorship & Funding Opportunities

    Leading Industry Experts Host Exclusive Masterclasses for Filmmakers & Animators

    Posted On: 27 FEB 2025 6:29PM by PIB Mumbai

    Mumbai, 27th February 2025

    The Ministry of Information & Broadcasting (MIB) and Dancing Atoms (a creative studio based in LA & India) are bringing a special masterclass series as part of the World Audio Visual & Entertainment Summit (WAVES) – Animation Filmmakers Competition (AFC). Winners will get an opportunity to gain global recognition, mentorship from top professionals, and opportunities for funding & distribution.

    AFC is open to independent creators, students, and studios to showcase their animated short films. This series features top industry experts sharing insights on screenplay writing, film design, producing, storytelling, animation, and international markets.

    Masterclass Schedule & Details of Upcoming Sessions:

    1. March 3 – Producing Blockbuster Films
      Speaker: Shobu Yarlagadda (Producer, Baahubali series)

    March 4 – Producing for Global Audiences
    Speaker: Guneet Monga (Oscar-winning Producer)

    March 5 (TBC) – Character Animation & World-Building
    Speaker: Arnau Olle Lopez (Animation Expert)

    March 6 – Storytelling Across Mediums
    Speaker: Anu Singh Choudhary (Screenwriter & Journalist)

    Earlier, two masterclass sessions were conducted on 26th and 27th February. On February 26, Farrukh Dhondy, writer and screenplay expert, led a session on Screenwriting & Trailers, offering insights into storytelling, screenwriting, and the business of writing. On February 27, Rupali Gatti, a production designer and visual artist, conducted a session on Film Design & Visual Development, providing practical insights into crafting immersive visual worlds for animation and live-action projects.

    Networking and Project Submissions

    WAVES also encourages Indian creators to submit their projects to Waves Bazar, a global marketplace showcasing India’s finest creative talent. This initiative connects Indian content with international buyers, fostering networking, collaboration, and global opportunities. For more details, contact waves@dancingatoms.com

    About WAVES

    The first World Audio Visual & Entertainment Summit (WAVES), a milestone event for the Media & Entertainment (M&E) sector, will be hosted by the Government of India in Mumbai, Maharashtra, from May 1 to 4, 2025.

    Whether you’re an industry professional, investor, creator, or innovator, the Summit offers the ultimate global platform to connect, collaborate, innovate and contribute to the M&E landscape.

    WAVES is set to magnify India’s creative strength, amplifying its position as a hub for content creation, intellectual property, and technological innovation. Industries and sectors in focus include Broadcasting, Print Media, Television, Radio, Films, Animation, Visual Effects, Gaming, Comics, Sound and Music, Advertising, Digital Media, Social Media Platforms, Generative AI, Augmented Reality (AR), Virtual Reality (VR), and Extended Reality (XR).

    Have questions? Find answers here  

    Come, Sail with us! Register for WAVES now (Coming soon!).

    Dhanlaxmi/Preeti

    Follow us on social media: @PIBMumbai     /PIBMumbai     /pibmumbai   pibmumbai[at]gmail[dot]com   /PIBMumbai     /pibmumbai

     

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  • MIL-OSI Asia-Pac: Members of public welcome to watch 15th National Games Triathlon test event

    Source: Hong Kong Government special administrative region

         The 15th National Games Triathlon test event will be held at the Central Harbourfront and Victoria Harbour on March 1 (Saturday) and 2 (Sunday). Members of the public are welcome to watch the races on-the-spot.
     
         A total of around 110 athletes from the Mainland, Hong Kong, and Macao will compete in the men’s individual, women’s individual, and mixed relay events, of whom 6 male athletes and 5 female athletes are from Hong Kong. The women’s individual and men’s individual races are scheduled for 8am and 10.30am respectively on March 1. The mixed relay race will take place at 2pm on March 2. It will be participated by 15 teams, each of which will comprise 2 male athletes and 2 female athletes.
     
         The starting point of the races will be located at the waterfront of the Wan Chai Temporary Promenade. Athletes will complete the swimming segment, immediately followed by the cycling segment and running segment. The cycling route will be between Golden Bauhinia Square in Wan Chai and International Finance Centre in Central, and the running route will mainly loop around the Central Harbourfront Promenade, passing by several iconic Hong Kong landmarks, including the Hong Kong Convention and Exhibition Centre, the Central Government Offices, the Legislative Council Complex, the Hong Kong Observation Wheel, with the finish line located at the Central Harbourfront Event Space. It is the first time that Hong Kong holds a triathlon mixed relay event and that part of the course and public seats are placed in the Central Harbourfront Event Space to facilitate the public viewing of the races.
     
         Members of the public who wish to have a close sight of the athletes competing in the races may visit the public viewing area at the Central and Western District Promenade (Central Section), which is accessible from MTR Admiralty Station Exit A via Tamar Park. No seating will be arranged. Tickets have been distributed to the public through the Triathlon Association of Hong Kong China. For those who possess a ticket may watch the event at the spectator stand in the Central Harbourfront Event Space after security check. Locations of the public viewing area and public entrance can be found in the annex. A small number of tickets have been reserved for each event day. Members of the public may get a ticket at the public entrance for admission while stocks last.
     
          Radio Television Hong Kong (RTHK) will provide live webcast of the events on the two days (RTHK weblink: www.rthk.hk/nationalgames and RTHK YouTube channel: www.youtube.com/RTHK).
     
         To facilitate the arrangement for the event, the Police will implement intermittent road closures and temporary road closure measures in the vicinities of Central Harbourfront and Wan Chai North (including Lung Wo Road, Yiu Sing Street, Lung Hop Street, Expo Drive, Expo Drive Central, and Expo Drive East). Intermittent road closures will be implemented from 5am to 8am on February 28, while temporary road closure measures will be put in place from 2am to 2pm on March 1 and from 8am to 6pm on March 2.
     
         In addition, the Police will set up a temporary restricted flying zone (RFZ), extending two kilometres outwards, from the race track from 7am to 1.30pm on March 1 and from 1pm to 5.30pm on March 2. No small unmanned aircraft, except those duly authorised, will be permitted to enter the zone. Details of the temporary RFZ will be shown on the electronic portal for small unmanned aircraft “eSUA”.
     
         For details of the special traffic and transport arrangements for the triathlon test event, members of the public may refer to the press release on the special traffic arrangements for the test event issued by the Police (www.info.gov.hk/gia/general/202502/24/P2025022400395.htm) and the Transport Department’s relevant notice (www.td.gov.hk/filemanager/en/content_13/TDN%20-Triathlon%20Test%20Event%20-%20eng%20v3.pdf), its mobile application “HKeMobility”, passenger notices issued by the relevant public transport operators.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: 8 Lakh Devotees Benefit with Ayush at the Maha Kumbh

    Source: Government of India (2)

    8 Lakh Devotees Benefit with Ayush at the Maha Kumbh

    Wellness on the Go: Ayush Mobile Units, OPDs, and Yoga Sessions Keep Maha Kumbh Pilgrims Healthy

    Posted On: 27 FEB 2025 5:53PM by PIB Delhi

    Ensuring the health and safety of millions of devotees, the Ministry of Ayush has extended comprehensive healthcare services to over eight lakh pilgrims, making their sacred journey safer and healthier during the Maha Kumbh Mela.

    From setting up 20 Ayush OPDs to deploying mobile health units, over 90 doctors and 150 healthcare workers have been working tirelessly to provide continuous medical care throughout the grand spiritual event. These dedicated efforts ensured that devotees, kalpvasis, and saints could participate in the holy festivities without health concerns, particularly during the sacred Mahashivratri bath.

    Dr. Akhilesh Kumar Singh, Nodal Officer for Ayush at the Prayagraj Maha Kumbh, informed that the Ministry has successfully catered to the healthcare needs of over eight lakh devotees, reflecting the growing trust in traditional Indian medicine. Devotees also benefited from therapeutic yoga sessions conducted by the Morarji Desai National Institute of Yoga (MDNIY), promoting physical and mental well-being.

    To ensure seamless healthcare access, three Ayush Convention Halls were setup in Sector-2, Sector-21, and Sector 24, where daily yoga and wellness sessions educated pilgrims on preventive healthcare, disease management, and holistic living. Special attention was also given to the revered sadhus and saints, with dedicated health screenings in prominent Akharas such as Juna, Anand, Niranjani, and Vaishnav Akharas.

    In addition, mobile Ayush health units distributed medicines throughout the Mela area, while various teams operated from canopies at various Ayush facilities, providing essential health check-ups to kalpvasis.

    To further safeguard devotees from common ailments, the All India Institute of Ayurveda (AIIA) launched a special initiative, distributing 10,000 Ayush Raksha kits packed with essential Ayurvedic medicines and wellness products. This initiative was complemented by a week-long health camp, benefiting 15,000 pilgrims, reinforcing the Ministry’s commitment to preventive and holistic healthcare.

    Adding a green touch to the event, the National Medicinal Plants Board (NMPB) distributed over 25,000 medicinal plants—including Tulsi, Ashwagandha, Shatavari, Neem, Amla, and Curry Leaf—to devotees, promoting natural healing and reinforcing the importance of medicinal plants in daily life.

    The Maha Kumbh Mela is not just about spiritual awakening; it’s also about ensuring the well-being of millions who undertake this sacred journey. The Ministry of Ayush remained committed to its efforts in integrating traditional healthcare into this grand event, making holistic wellness an integral part of the spiritual experience.

     

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  • MIL-OSI Security: Harrisburg Man Sentenced To 160 Months In Prison For Drug Trafficking

    Source: Office of United States Attorneys

    HARRISBURG – The United States Attorney’s Office for the Middle District of Pennsylvania announced that Kyle Malik Jones, age 33, of Harrisburg, Pennsylvania, was sentenced on February 25, 2025, to 160 months’ imprisonment by United States District Court Judge Jennifer P. Wilson for the distribution of fentanyl and methamphetamine.

    According to Acting United States Attorney John C. Gurganus, on March 17, 2021, Susquehanna Township Police found a stolen vehicle parked in hotel parking lot. When the vehicle’s alarm was triggered, Jones came out of his hotel room and silenced the alarm. The police went to Jones’s hotel room to arrest him for the vehicle theft and discovered the following: 731 grams of methamphetamine; 221 grams of fentanyl; cocaine; a Ruger .40 caliber pistol with an obliterated serial number; a Hi-Point .380 caliber firearm; approximately $7,635 in cash; one pack of 300 small rubber bands; one digital scale; and two cell phones.

    Jones pleaded guilty on March 11, 2024, to possession with intent to distribute controlled substances.

    This case is part of Project Safe Neighborhoods (PSN), a program bringing together all levels of law enforcement and the communities they serve to reduce violent crime and gun violence, and to make our neighborhoods safer for everyone. On May 26, 2021, the Department launched a violent crime reduction strategy strengthening PSN based on these core principles: fostering trust and legitimacy in our communities, supporting community-based organizations that help prevent violence from occurring in the first place, setting focused and strategic enforcement priorities and measuring the results.

    The case was investigated by the Bureau of Alcohol, Tobacco, Firearms and Explosives and the Susquehanna Township Police Department. Assistant U.S. Attorneys David C. Williams and Jeffrey St. John prosecuted the case.

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    MIL Security OSI

  • MIL-OSI Security: Final Defendant Sentenced for Fentanyl Trafficking Conspiracy Resulting in Overdose Death

    Source: Office of United States Attorneys

    LONDON, Ky. – A Harlan, Ky., woman, Leslie Brock, 59, was sentenced on February 19, by U.S. District Judge Claria Horn Boom, to 250 months in prison, for conspiracy to distribute 400 grams or more of fentanyl which resulted in the death of another person. 

    According to evidence presented at trial and court documents, in January 2023 and continuing until October 2023, Brock conspired with her co-defendant, Brendan Miller, to knowingly distribute 400 grams or more of fentanyl that ultimately resulted in the death of a victim.  Specifically, Brock made frequent trips to a source of supply in Lexington to purchase fentanyl and then distributed the fentanyl to individuals in Harlan County, including Miller. On one occasion, Brock purchased fentanyl in Lexington, returned to Harlan and sold a portion of it to Miller, who then distributed a portion of it to a victim, who died after taking it. Brock was convicted at trial in October 2024.  Miller pled guilty to his role in the fentanyl trafficking conspiracy.  A third defendant, Aaron Robinson, also pled guilty to possession with intent to distribute fentanyl and possession of a firearm in furtherance of that drug trafficking.

    Under federal law, Brock must serve 85 percent of her prison sentence. Upon her release from prison, she will be under the supervision of the U.S. Probation Office for five years.

    In addition to Brock’s punishment, Miller was sentenced to 132 months in prison, followed by three years of supervised release, and Robinson was sentenced to 63 months in prison, followed by four years of supervised release. 

    Paul McCaffrey, Acting United States Attorney for the Eastern District of Kentucky; Jim Scott, Special Agent in Charge, DEA, Louisville Field Division; Phillip J. Burnett, Jr., Commissioner of the Kentucky State Police; and Chief Cedric Anderson, Auburn Police Department, jointly announced the sentence.

    The investigation was conducted by DEA, KSP, and the Auburn Police Department.  Assistant U.S. Attorney Justin Blankenship prosecuted the case on behalf of the United States.

    – END –

    MIL Security OSI

  • MIL-OSI Security: Citrus Heights Woman Pleads Guilty to Participation in $1 Million Unemployment Insurance Benefits Fraud Scheme

    Source: Office of United States Attorneys

    SACRAMENTO, Calif. — Rochelle Pasley, 34, of Citrus Heights, pleaded guilty today to conspiracy to commit mail fraud, mail fraud, and aggravated identity theft, Acting U.S. Attorney Michele Beckwith announced.

    According to court documents, between June and December 2020, Pasley and Deshawn Oshaea Campbell, 36, of Citrus Heights, conspired to defraud by filing fraudulent unemployment insurance claims with the California Employment Development Department (EDD) seeking Pandemic Unemployment Assistance benefits under the CARES Act. During the conspiracy, the defendants obtained the identifying information of other individuals and used their identities to submit dozens of fraudulent claims. The claims represented, among other things, that the claimants had recently lost employment or were unable to find employment due to the COVID-19 pandemic. These claims were fraudulent because, for instance, many of the individuals whose identities were used did not reside in California and were thus ineligible for benefits from EDD.

    In the applications, the defendants used mailing addresses that were under their control, or under the control of their family and friends. EDD approved more than 50 of the fraudulent claims and authorized Bank of America to mail out EDD debit cards containing benefits. The defendants then obtained these debit cards and used them to withdraw the benefits at ATMs throughout California and to make direct purchases, all for their own benefit. The scheme resulted in EDD paying out over $1 million.

    This case is the product of an investigation by the U.S. Postal Inspection Service, the Department of Labor – Office of Inspector General, and the EDD – Investigation Division. Assistant U.S. Attorneys Jessica Delaney and Justin Lee are prosecuting the case.

    Pasley is scheduled to be sentenced by U.S. District Judge Daniel J. Calabretta on June 26, 2025. Pasley faces a maximum statutory penalty of 20 years in prison and a $250,000 fine for each count of conspiracy and mail fraud, and a mandatory, consecutive two-year prison term for aggravated identity theft. The actual sentence, however, will be determined at the discretion of the court after consideration of any applicable statutory factors and the Federal Sentencing Guidelines, which take into account a number of variables.

    Charges are pending against Campbell. Those charges are only allegations, and Campbell presumed innocent until and unless proven guilty beyond a reasonable doubt.

    MIL Security OSI

  • MIL-OSI Security: Nevada Man Sentenced to 11 Years in Prison for Sex Trafficking a Minor

    Source: Office of United States Attorneys

    PHOENIX, Ariz. – Tyree Eugene Rideaux, 31, of Henderson, Nevada, was sentenced on Tuesday by United States District Judge Diane J. Humetewa to 132 months in prison, followed by 15 years of supervised release. Rideaux pleaded guilty to Sex Trafficking of a Minor on September 16, 2024.   

    Rideaux met the 16-year-old minor, Jane Doe, at a party in Phoenix a short time before August 15, 2021. Jane Doe traveled with Rideaux and two other females to Inglewood, California. Rideaux told Jane Doe to pretend that she was 18 years old. Once in California, Rideaux placed Jane Doe on the “blade,” an area in a city known for high rates of prostitution. Rideaux assigned a fictitious name to Jane Doe and posted commercial sex advertisements of her online for sex buyers. Jane Doe gave the money she earned to Rideaux, as he directed her to do. On August 15, 2021, Jane Doe convinced a sex buyer to take her to a hospital where she could notify police and family, who returned her home.

    “Predators who traffic in teenagers and force them into prostitution to support the trafficker’s own lifestyle are deserving of the harshest sentences,” stated Rachel C. Hernandez, Acting United States Attorney. “I’m pleased with the excellent results in this case that came about through the diligent efforts of our law enforcement partners and our prosecutors.”

    “As law enforcement officers, we are used to handling difficult encounters, but few can prepare us for working on human trafficking investigations involving vulnerable children,” said ICE HSI Arizona Special Agent in Charge, Francisco B. Burrola. “HSI is committed to ensuring sex traffickers face the fullest extent of the law by putting them behind bars for years – significant prison time rightly awaits this trafficker.”

    Homeland Security Investigations conducted the investigation in this case. The United States Attorney’s Office, District of Arizona, Phoenix, handled the prosecutions.
     

    CASE NUMBER:           CR-23-01291-PHX-DJH
    RELEASE NUMBER:    2025-024_Rideaux

    # # #

    For more information on the U.S. Attorney’s Office, District of Arizona, visit http://www.justice.gov/usao/az/
    Follow the U.S. Attorney’s Office, District of Arizona, on X @USAO_AZ for the latest news.

    MIL Security OSI

  • MIL-OSI Security: February Federal Grand Jury 2024-B Indictments Announced

    Source: Office of United States Attorneys

    United States Attorney Clint Johnson today announced the results of the February Federal Grand Jury 2024-B Indictments.

    The following individuals have been charged with violations of United States law in indictments returned by the Grand Jury. The return of an indictment is a method of informing a defendant of alleged violations of federal law, which must be proven in a court of law beyond a reasonable doubt to overcome a defendant’s presumption of innocence.

    Dylan Ray Alexander. Second Degree Murder in Indian Country; Carrying, Using, Brandishing, and Discharging a Firearm During and in Relation to a Crime of Violence. Alexander, 31, of Bartlesville and a member of the Cherokee Nation, is charged with unlawfully killing Kevin Holden and discharging a firearm during a crime of violence. The FBI, the Bureau of Alcohol, Tobacco, Firearms and Explosives, and the Bartlesville Police Department are the investigative agencies. Assistant U.S. Attorneys Scott Dunn and Tara Heign are prosecuting the case. 25-CR-052

    Jeremiah Jacob Drake. Production of Child Pornography; Receipt and Distribution of Child Pornography; Possession of Child Pornography. Drake, 44, of Tulsa, is charged with coercing a minor child to produce sexually explicit content. He is additionally charged with receiving, possessing, and distributing sexually explicit material that depicts the sexual abuse of a minor child. Homeland Security Investigations and the Tulsa Police Department are the investigative agencies. Assistant U.S. Attorney Ashley Robert is prosecuting the case. 25-CR-056

    Carl Anthony Epps, II. Felon in Possession of a Firearm and Ammunition; Assault with a Dangerous Weapon with Intent to do Bodily Harm in Indian Country; Carrying, Using, and Brandishing a Firearm During and in Relation to a Crime of Violence in Indian Country (superseding).  Epps, 42, of Tulsa, is charged with possessing a firearm and ammunition, knowing he was previously convicted of felonies. Further, he is charged with using a dangerous weapon with intent to do bodily harm and brandishing a firearm during a crime of violence. The Bureau of Alcohol, Tobacco, Firearms and Explosives and the Tulsa Police Department are the investigative agencies. Assistant U.S. Attorney John W. Dowdell is prosecuting the case. 25-CR-007

    Anthony Wayne Jeremiah. Assault with a Dangerous Weapon with Intent to do Bodily Harm in Indian Country; Malicious Mischief in Indian Country; Felon in Possession of a Firearm and Ammunition. Jeremiah, 43, transient and a member of the Muscogee (Creek) Nation, is charged with assaulting the victim with a dangerous weapon and maliciously destroying the victim’s property. He is further charged with possessing a firearm and ammunition after previously being convicted of felonies. The FBI, the Bureau of Alcohol, Tobacco, Firearms and Explosives, Muscogee Creek Nation Lighthorse Police, and the Tulsa Police Department are the investigative agencies. Assistant U.S. Attorneys Scott Dunn and Emily Dewhurst are prosecuting the case. 25-CR-055

    Blake Alan Miller. Aggravated Sexual Abuse of a Minor Under 12 Years of Age in Indian Country. Miller, 41, of Forrest City, Arkansas, and a member of the Cherokee Nation, is charged with engaging in sexually explicit conduct with a child under 12 years old. The FBI is the investigative agency. Assistant U.S. Attorney Kate Brandon is prosecuting the case. 25-CR-045

    Gabriel Urquiza-Urquiza; Daisy Villanueva; Javier Rodarte; Ricardo Plateado-Martinez; Rosa Maria Olmos; Rafael Gonzalez; Joel Rosales Pina. Drug Conspiracy (Count 1); Firearms Conspiracy (Count 2); Firearms Trafficking (Count 3); Conspiracy to Commit Money Laundering (Count 4); Engaging in Monetary Transactions in Property Derived from Specified Unlawful Activity (Counts 5 & 6); Distribution of Methamphetamine (Count 7); Maintaining a Drug-Involved Premises (Count 8); Alien Unlawfully in the United States in Possession of Firearms (Count 9); Possession of Firearms in Furtherance of a Drug Trafficking Crime (Count 10); Illegal Export of Firearms (Count 11); Smuggling Firearms from the United States (Count 12); Unlawful Reentry of a Removed Alien (Count 13); Conspiracy to Import a Controlled Substance (second superseding). Urquiza-Urquiza, 26, a Mexican National; Villanueva, 24, of Oklahoma City; Rodarte, 26, of Moore; Plateado-Martinez, 34, of Broken Arrow; Olmos, 35, of Broken Arrow; Gonzales, 31, of Beaumont; and Pina, 40, a Mexican National are charged with conspiring to distribute over 500 grams of methamphetamine. Urquiza-Urquiza, Villanueva, Rodarte, Plateado-Martinez, Olmos, Gonzalez, and Pina are charged with conspiring to conceal or disguise proceeds from the transactions of methamphetamine distribution. Urquiza-Urquiza is charged with two counts of knowingly engaging in monetary transactions that involved criminally derived property valued at more than $10,000. Villanueva is also charged with intentionally distributing more than 500 grams of methamphetamine. Pina is further charged with maintaining a residence to distribute drugs. Urquiza-Urquiza, Gonzalez, and Pina are charged with conspiring to import more than 500 grams of methamphetamine from Mexico. Urquiza-Urquiza is also charged with possessing firearms, knowing he is an illegal alien unlawfully in the United States, and with possessing firearms in the furtherance of drug trafficking. He is additionally charged with willfully exporting and smuggling firearms from the United States to Mexico. The Drug Enforcement Administration, FBI, ICE Enforcement and Removal Operations Dallas Field Office, the Bureau of Alcohol, Tobacco, Firearms and Explosives, Tulsa Police Department, Tulsa County Sheriff’s Office, Broken Arrow Police Department, and Oklahoma City Police Department are the investigative agencies. Assistant U.S. Attorney David A. Nasar is prosecuting the case. 24-CR-131

    Adrian Marquez Rodriguez. Unlawful Reentry of a Removed Alien. Rodriguez, 46, a Mexican national, is charged with unlawfully reentering the United States after having been previously removed in Nov. 2005. ICE Enforcement and Removal Operations Dallas Field Office. Assistant U.S. Attorney Mandy Mackenzie is prosecuting the case. 25-CR-054

    Ronald Dewayne Thompson. Possession of Child Pornography; Abusive Sexual Contact with a Minor Under 12 Years of Age in Indian Country; Commission of Felony Sex Offense Involving a Minor by a Registered Sex Offender. Thompson, 33, of Claremore, is charged with possessing visual images and videos depicting the sexual abuse of children. He knowingly engaged in sexual conduct with a minor under 12 years of age. Additionally, Thompson knowingly is required to register and committed a felony involving a minor child. Homeland Security Investigations and the U.S. Probation and Pretrial Services Office are the investigative agencies. Assistant U.S. Attorney Alicia Hockenbury is prosecuting the case. 25-CR-058

    Delawnsha Lemar Tiger. Failure to Register as a Sex Offender. Tiger, 30, transient, is charged with knowingly failing to register as a sex offender in Dec. 2024. The U.S. Marshal Service is the investigative agency. Assistant U.S. Attorney Michele Hulgaard is prosecuting the case. 25-CR-053

    MIL Security OSI

  • MIL-OSI Economics: Thales partners with Cubic to launch next-generation eSIM solutions for connected vehicles

    Source: Thales Group

    Headline: Thales partners with Cubic to launch next-generation eSIM solutions for connected vehicles

    • Cubic, a leading global provider of software-defined vehicle (SDV) solutions integrates Thales’s eSIM technology to address the rising need for smart and efficient connectivity that matches the latest GSMA standards.
    • Thales, a worldwide eSIM management platform leader, has driven reliable successful deployments in high-volume device markets, making it ideally suited to support Cubic.

    MEUDON, France, Feb 27th, 2025 – Thales, a global leader in advanced technologies, and Cubic, a leading global provider of software-defined vehicle (SDV) solutions, have announced a collaboration to drive innovation and simplify connectivity management. Leveraging Thales’s eSIM management platform, Cubic will enhance its eSIM solution capabilities to align with the latest GSMA standards, ensuring seamless global connectivity across industries such as automotive, transportation, and agriculture.

    With the adoption of the GSMA SGP.32* standard for IoT, the stakes for the sector are significant. This standard outlines several important technical and business requirements for eSIM management in the IoT, including enhanced security, interoperability across devices and network operators, and scalability for high-volume deployments. This new framework is critical for enabling the large-scale deployment of eSIM technology across a variety of devices, addressing the need for smart and seamless connectivity management.

    This partnership introduces Thales’s eSIM management platform – compliant with the GSMA SGP.32 standard – to Cubic’s existing multi-network and global connectivity management ecosystem. This innovation enables the continued mass deployment of eSIMs across Cubic’s vast footprint of over 200 countries, while simplifying connectivity management across multiple devices by automating subscription activation and updates remotely. This dramatically reduces the need for manual intervention, physical SIM swaps or device recalls.

    Cubic’s customers, including Volkswagen AG, Cariad, General Motors, SEAT, IVECO and CNH could benefit from enhanced solutions such as this, to help ensure managing vehicle connectivity becomes effortless. Vehicles equipped with Cubic’s solution which now integrates Thales’s platform can automatically connect to local networks when crossing borders, eliminating the need for complex development or additional costs. This ensures a seamless global experience for automotive manufacturers and their customers as cars can be pre-configured with connectivity profiles at the factory level and activated dynamically as they are deployed in the field.

    “Thales has been a trusted partner of Cubic since 2017″, said Nick Power, CTO at Cubic. “For OEMs, adopting GSMA M2M eSIM has been anything but simple. Technical complexity, vendor lock-in, and managing multi-MNO connectivity at a global scale have all slowed adoption. Transitioning to a leaner, more efficient GSMA eSIM IoT architecture will be essential. This collaboration highlights our commitment to standardisation, interoperability and innovation ensuring Cubic customers can enjoy a more flexible, cost efficient and a future-proof approach to global connectivity.”

    “With this upgrade, Cubic aims to remain at the forefront of IoT connectivity by addressing evolving market demands. The integration of Thales’s “On-Demand Subscription Manager” platform will enable Cubic to maximize end-to-end connectivity management for OEMs, ensuring devices are seamlessly connected from factory to field,” said Eva Rudin, VP Mobile Connectivity Solutions at Thales. “This collaboration highlights our commitment to standardization, interoperability, and innovation for IoT.”

    * GSMA SGP. 32 contains the technical specifications for the remote eSIM management of Internet of things (IoT) devices and other types of mobile device deployments.

    About Thales

    Thales (Euronext Paris: HO) is a global leader in advanced technologies specialized in three business domains: Defence, Aerospace, and Cyber & Digital.

    It develops products and solutions that help make the world safer, greener and more inclusive.

    The Group invests close to €4 billion a year in Research & Development, particularly in key innovation areas such as AI, cybersecurity, quantum technologies, cloud technologies and 6G.

    Thales has close to 81,000 employees in 68 countries. In 2023, the Group generated sales of €18.4 billion.

    About Cubic Telecom

    Cubic Telecom delivers advanced software-defined vehicle solutions in over 200 countries and regions around the world. Working with the world’s leading automotive, transportation and agriculture OEMs, we connect 23 million cars and vehicles globally and enable 1 billion mobile internet data transmissions daily. To compete globally, OEMs must manage the complexities of connecting with different technologies while complying with regulatory mandates in different countries. Cubic Telecom cuts through this complexity through providing a single, global solution that enables any vehicle shipped anywhere in the world to have fully compliant built-in connectivity regardless of local market requirements.

    MIL OSI Economics