
EU Friday – 26 September
Welcome to Better Europe's weekly update on EU Affairs. FIRST OMNIBUS AGREEMENT, BUT NOT THE LAST Habemus Omnibus! This week, Member States and the Parliament reached their first agreement on one of the Commission’s six “simplification” packages so far: Omnibus II, dedicated to the InvestEU program. The agreement increases the EU guarantee by €2.9 billion, which is expected to mobilize at least €50 billion in additional investments while claiming to reduce administrative burden for companies and national authorities. However, this is only a first step. Five other Omnibus packages are still under discussion (on defence, food and agriculture, medium-sized companies, and chemicals) and two more are pending. The new initiatives include an environmental Omnibus, expected in late 2025, which could significantly change landmarks laws such as the Empowering Consumers Directive.…