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Commission clears creation of joint venture by ACS AIID, Telefónica, Banco Santander and SETT

21 August 2026 at 08:30

The European Commission has approved, under the EU Merger Regulation, the creation of a joint venture by AI Infrastructure Development, S.L. (‘ACS AIID'), Telefónica S.A. (‘Telefónica'), Banco Santander, S.A. and Entidad Pública Empresarial Sociedad Española para la Transformación Tecnológica, E.P.E. (‘SETT'), all of Spain.

The transaction relates primarily to third-party data centre colocation services in Spain and contributes to the EU's tech sovereignty strategy of strengthening and expanding sovereign cloud and AI infrastructure in Europe, as part of the EU's AI Gigafactories Initiative.

The Commission concluded that the notified transaction would not raise competition concerns, given the companies' limited market positions resulting from the proposed transaction. The notified transaction was examined under the simplified merger review procedure.

More information is available on the Commission's competition website, in the public case register under the case number M.12498.

EU economy greenhouse gas emissions: +0.3% in Q1 2026

21 August 2026 at 08:00

The EU economy’s seasonally adjusted greenhouse gas emissions in the first quarter of 2026 were estimated at 837 million tonnes of CO2-equivalents (CO2-eq), a 0.3% increase compared with the fourth quarter of 2025 (835 million tonnes of CO2-eq). At the same time, there was no change to the EU’s gross domestic product (GDP) in the first quarter of 2026, compared with the last quarter of 2025. 

The economic sector with the largest increase in greenhouse gas emissions was electricity, gas, steam and air conditioning supply (+4.8%), while households (-1.3%), manufacturing and transportation and storage (both -0.6%) recorded the biggest decreases.

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Source datasets: env_ac_aigg_q and namq_10_gdp

Compared with the first quarter of 2025, emissions went down by 1.2%, while the EU’s GDP increased by 0.8%.

Greenhouse gas emissions decreased in 7 EU countries 

In the first quarter of 2026, seasonally adjusted greenhouse gas emissions increased in 20 EU countries and decreased in 7 countries, compared with the fourth quarter of 2025.

The largest reductions in greenhouse gases were estimated for Slovenia (-5.0%), Luxembourg (-3.8%) and Romania (-2.7%).

The largest increases in greenhouse gas emissions were estimated for Estonia (+9.7%), Finland (+6.4%) and Bulgaria (+4.6%). The increases in these countries are largely due to growing emissions by economic producers in construction and electricity, gas, steam and air conditioning supply.

In the first quarter of 2026, 20 EU countries recorded increases in greenhouse gas emissions, out of which 18 also increased their GDP. 7 countries reduced their greenhouse gas emissions. Out of these, 4 countries recorded a higher or stable GDP.

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Source datasets: env_ac_aigg_q and namq_10_gdp

This information comes from data on seasonally adjusted quarterly estimates of greenhouse gas emissions by economic activity, published by Eurostat. Quarterly estimates of greenhouse gas emissions complement quarterly socio-economic data, such as GDP or employment.

For more information

Methodological notes

  • Metadata on quarterly greenhouse gas emissions.
  • The data presented here are estimates by Eurostat, except for the Netherlands, Slovenia and Spain which provided their own data.
  • The greenhouse gas emission figures are seasonally adjusted. These adjusted series enable quarter-on-quarter change analyses. Data provided by countries are seasonally adjusted by Eurostat. The GDP figures are seasonally and calendar adjusted. More information on the seasonal adjustment is provided in a technical note. Eurostat’s methodology attributes international transport emissions to individual countries according to the country of residence of the emitting economic producer, following the international System of Environmental-Economic Accounting (SEEA) standard. This is in line with the European System of Accounts used for the GDP and differs from the UNFCCC and the Paris Agreement rules.
  • The EU and the EU countries report annually on their greenhouse gas emissions to the UN. The so-called ‘Kyoto basket’ of greenhouse gases includes carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O) and fluorinated gases. They are expressed in a common unit: CO2-equivalents. EU countries are required to monitor their emissions of these gases for all source sectors based on internationally agreed obligations and rules. The EU greenhouse gas inventory managed by the European Environment Agency covers emissions from 1990 to 2 years before the current year and is submitted to the UN each spring after quality checks. 
  • According to the European Climate Law, the EU’s climate target is to achieve a -55% net reduction by 2030 and climate neutrality by 2050. The European Commission monitors and reports progress towards their GHG emission reduction targets on an annual basis using the inventory data in the Climate Action Progress Report.

Plan for stronger EU chemical industry

21 August 2026 at 07:30

The Commission has presented an action plan for the chemicals industry to strengthen the competitiveness and modernization of this sector.

The action plan addresses key challenges – high energy costs, unfair global competition, and weak demand, while promoting investment in innovation and sustainability. It proposes the following measures

  • Resilience and level playing field: establishing a Critical Chemical Alliance to address the risks of capacity closures in the sector and applying trade defence measures to ensure fair competition
  • Affordable energy and decarbonisation: swiftly implementing the Affordable Energy Action Plan to help reduce high energy and feedstock costs
  • Lead markets and innovation: highlighting fiscal incentives and tax measures to boost demand for clean chemicals
  • Taking action on per- and polyfluoroalkyl substances (PFAS): minimizing PFAS emissions through a robust, science-based restriction, while ensuring continued use in critical applications under strict conditions where no alternatives are available

The plan is accompanied by a simplification package, the so-called 6th Omnibus, to further streamline and simplify key EU chemicals legislation. This includes simplifying hazardous chemical labelling rules, clarifying EU cosmetics regulations, and easing registration for EU fertilising products. These measures should save at least €363 million annually for the industry. 

The EU chemical industry is the 4th largest manufacturing sector, with 29 000 companies providing 1.2 million direct jobs and supporting 19 million across supply chains. The European chemicals industry action plan builds on the Competitiveness Compass and Clean Industrial Deal, while the simplification package delivers on President von der Leyen's commitment to simplify EU laws and cut administrative burdens, helping businesses innovate and grow.

For more information

Press release: Chemicals package

Q&A: Chemicals package

Factsheet: Chemicals package

Action plan Chemicals

Proposal for an Omnibus for the Chemicals Industry

Competitiveness

Public spending on education stable at 4.7% of GDP

21 August 2026 at 07:00

In 2023, public spending on education (from pre-primary to the tertiary level) in the EU accounted for 4.7% of its gross domestic product (GDP). Compared with 2022, this figure did not change; however, it represents a slight decrease of 0.3 percentage points (pp) from 2020 (5.0%), the year with the highest level of public expenditure on education since the data collection started in 2012.

Among the EU countries, the highest level of public expenditure on education relative to the GDP was observed in Sweden (6.8%), followed by Finland (6.3%) and Belgium (6.2%). The lowest levels were registered in Romania (3.0%), Greece (3.3%) and Malta (3.4%).

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Source dataset: educ_uoe_fine06

For more information

EU ice cream production up almost 2% in 2025

21 August 2026 at 06:30

In 2025, the EU produced 3.44 billion litres of ice cream, representing a 1.9% increase compared with 2024 (3.38 billion litres).

Germany remained the top producer of ice cream in the EU, with 608 million litres in 2025. Italy (549 million litres) and France (525 million litres) followed at the top. The list of main producers also included Spain (457 million litres) and Belgium (274 million litres). 

Compared with 2024, all of these 5 EU countries registered an increase in production; +10% for Italy, +6% for Belgium, +4% for France, +2% for Spain and +0.2% for Germany.

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Source dataset: DS-059367

France: top exporter of ice cream in the EU 

In 2025, EU countries exported 289.8 million kg of ice cream to non-EU countries and imported 77.8 million kg. Exports increased by 10% compared with 2024 (+26 million kg), while imports rose by 12% (+8.5 million kg).

As in previous years, France was the largest ice cream exporter in the EU, exporting 59.1 million kg of ice cream to non-EU countries in 2025. This represented a fifth of the total extra-EU ice cream exports (20%). France was followed by Italy (55.2 million kg of ice cream; 19% of EU ice cream exports), Belgium (34.5 million kg; 12%), Germany (29.9 million kg; 10%), and the Netherlands (26.5 million kg; 9%).

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Source dataset: DS-045409

For more information

Methodological notes 

  • Cyprus, Luxembourg and Malta: exempt from providing data on production due to their economic sizes.
  • Production ranking is based on available and non-confidential data. Sold production quantities are confidential for Hungary, the Netherlands, Poland, Portugal, Romania, Slovenia and Sweden.
  • In this news article, production of ice cream is expressed in litres, while imports and exports are expressed in kg.

Solidarity Lanes: Latest figures – July 2026

21 August 2026 at 06:00

In the face of Russia’s war of aggression against Ukraine, the EU, together with Ukraine and Moldova launched the EU-Ukraine Solidarity Lanes in May 2022, establishing new transport routes to keep Ukraine’s imports and exports flowing via rail, road and inland waterways. Today, the EU-Ukraine Solidarity Lanes have become a lifeline for Ukraine’s economy.

In July 2026 the Solidarity Lanes allowed:

  • Around 90% of Ukrainian imports (in comparison to around 10% through the Black Sea)
  • Around 95% of Ukrainian exports of non-agricultural products (in comparison to around 5% through the Black Sea)
  • Around 20% of Ukrainian exports of grain, oilseeds and related products (in comparison to around 80% through the Black Sea)

Ukrainian exports

Since May 2022, the Solidarity Lanes have allowed Ukraine to export ca. 230 million tonnes (Mt) of goods, according to data from the Ukrainian customs registers. Within this amount, it can be estimated that the Solidarity Lanes enabled exports of around 103 million tonnes of Ukrainian agricultural products (including ca. 95 million tonnes of Ukrainian grain, oilseeds and related products) and around 127 million tonnes of non-agricultural goods including ores, steel and related products.

In total, around 255 Mt of Ukrainian grain, oilseeds and related products were exported through the Solidarity Lanes (40%) and the Ukrainian Black Sea ports (60%) since May 2022 [1].

Imports to Ukraine

The Solidarity Lanes also play a crucial role for Ukrainian imports. Since May 2022, they have allowed Ukraine to import ca. 111 Mt of goods, such as fuel, vehicles, fertilisers as well as military and humanitarian assistance.

Value of trade

The total value of trade via the Solidarity Lanes since May 2022 is estimated at around EUR 304 billion, with around EUR 78 billion for Ukrainian exports. The total value of imports to Ukraine is estimated at ca. EUR 226 billion.

Background

Since Russia's full-scale invasion of Ukraine and the blockade of Ukrainian seaports, Ukraine has been unable to export its produce and import what it needs via its usual transport routes.

Against this background, the EU established 'Solidarity Lanes' to ensure Ukraine can export grain, iron ore, steel and other products and to import the goods it needs, from fuel to military and humanitarian assistance, via alternative transport routes: inland waterways, rail and road. The Solidarity Lanes cover trade across all sectors and are an unprecedented cooperation of authorities and businesses in EU Member States, Ukraine and the Republic of Moldova.

The Solidarity Lanes’ work is carried out in close cooperation between the European Commission, concerned authorities and the transport community. The focus is on addressing bottlenecks to enhance the capacity and smooth functioning of the Solidarity Lanes to sustain Ukrainian exports and imports across sectors. This includes measures to improve traffic management and streamlining of border procedures and checks, as well as investments in infrastructure or logistics equipment.

The Solidarity Lanes are also laying the ground for the longer-term connectivity between Ukraine and the EU and will play a key role for Ukraine’s reconstruction and integration in the EU single market.


[1] Between May and July 2022, the Solidarity Lanes were the only option for Ukraine to export its agricultural produce. In August 2022, the UN-brokered Black Sea Grain Initiative (BSGI) helped relaunch grain shipments from Ukraine’s Black Sea ports. In mid-July 2023, Russia terminated its participation in the BSGI, which was consequently discontinued.

In August 2023, Ukraine launched a new Black Sea corridor for trade vessels heading to and from Ukrainian sea ports despite Russia’s withdrawal from the BSGI. Ca. 2.4 Mt of grain, oilseeds and other related products have been exported this way in July 2026.

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