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European Union

Conceptual illustration of a car chassis with the rear section made of puzzle pieces, accompanied by an engine, a headlight, and a car seat on a grey background.
News · 19.10.2026

Valeo demands 75% European content in cars to halt competitiveness loss

Valeo CEO Christophe Perillat calls for vehicles sold in Europe to incorporate at least 75% local components to prevent massive job losses. This request aligns with the EU's 'Industrial Accelerator Act' draft, which considers raising the origin threshold for accessing public aid, generating concern in Spain over the risk that its factories may not meet the new criteria.

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Conceptual illustration featuring an antique metal shield, stacked shipping containers, and a red and white striped traffic barrier against a dark blue background.
News · 19.10.2026

France and Germany propose an emergency mechanism to restrict access to the European single market

Paris and Berlin have sent a letter to the European Commission proposing a new rapid-response trade defense tool. The objective is to allow the EU to activate restrictions against third countries through a **reverse qualified majority** within days, in response to distortions such as **dumping** or **massive subsidies**. The initiative, which seeks to reduce dependence on critical suppliers, will be debated at the European summit in October 2026.

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A stone house and a glass container filled with coins are linked by a curved arrow; a columned building appears in the background.
News · 14.10.2026

Housing decree revives the Financia Europa Account, pending ratification

The Government has once again included the **Financia Europa Savings and Investment Account** in Royal Decree-Law 29/2026, approved on October 6, 2026. This instrument, which allows investments of up to **150,000 euros** in European assets with tax advantages, now depends on ratification by the Permanent Deputation of Congress following the rejection of the previous text.

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