Margrethe Vestager: the new EU Competition Commissioner unveils her agenda to the European Parliament
On 10 September 2014, Margrethe Vestager, former Danish minister for Economic Affairs and the Interior, was nominated by Commission president-elect, Jean-Claude Juncker, as European Union Commissioner for Competition. On 2 October, Ms Vestager appeared before the European Parliament for a three-hour confirmation hearing during which she explained the top priorities for her term of office.
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Russian import sanctions lead to EU market support (aid) measures
As detailed in our newsletter of September 17, 2014, the European Union ("EU") has extended the scope of the sanctions against Russia.
In its turn, Russia enacted on August 6, 2014 Decree No. 560 prohibiting the importing of certain listed agricultural products, raw materials and foodstuffs to Russia from the USA, EU Member States, Canada, Australia and Norway, following the restrictive measures imposed on Russian legal and natural persons by those countries.
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