According to the Commission, there is not enough eco-innovation in the EU. Therefore, it wishes to speed up eco-innovation and to improve its marketing. To this end, the environmental legislation is to be revised and small and, in particular, medium-sized undertakings be subsidised.

The Commission wishes to promote the digital single market by setting new framework conditions and removing obstacles. To this end, it presents an action plan.

According to the “balanced approach” of the International Civil Aviation Organization (ICAO), noise abatement around airports is to be achieved by selecting the “most cost-effective range of measures”. The Commission’s Regulation Proposal serves to improve coherence both within the EU and also with ICAO requirements to introduce noise-related operating restrictions.

The Commission wishes to improve the transparency of financial market transactions, move derivatives trading to organised trading venues and strengthen supervision and competition. Moreover, it intends to strengthen investor protection. 

The Commission wishes to improve the transparency of financial market transactions, move derivatives trading to organised trading venues and strengthen supervision and competition. Moreover, it intends to strengthen investor protection. 

The amendments mainly focus on two areas. Firstly, the introduction of the European Professional Card validating the professional qualifications of an employee at the European level. Secondly, the existing common platforms are to be replaced by “common training principles for professions which are regulated in at least two thirds of the Member States and which are not subject to minimum training requirements. For such professions common training principles and exams are to be introduced. Trainees having passed such exams are automatically authorised to pursue the tested profession in every Member State.

The Commission intends to intensify the surveillance of national EU budget policy and to develop the deficit procedure. Moreover, euro states are to be obliged to transpose European budget requirements stipulated under the Stability and Growth Pact into national law. Moreover, national budgets must be based on independent macroeconomic forecasts in future.

The EU Heads of State and Government (apart from Great Britain and the Czech Republic) entered into an agreement to improve the budgetary discipline of the Contracting Parties. The Contracting Parties undertake to transpose a debt brake into their national legal systems and to facilitate the imposition of sanctions in the deficit procedure.

In order to keep global warming below 2°C, in comparison with 1990, the EU wishes to reduce greenhouse gas emissions by 20% by 2020 and by 80 to 95% by 2050. A major part of greenhouse gas emissions which can be influenced is created by the energy sector. The Energy Roadmap 2050 presents scenarios illustrating how modernisation can help contribute to the energy system of long-term EU climate protection targets.

Where the demand for landing and takeoff slots exceeds airport capacity, slots are allocated in line with standard procedures. Now the Commission wishes to change these slot allocation rules in order to improve the efficient use of airport capacities.

The Regulation of mobile termination rates has become the arena of a power struggle between the EU-Commission and some Member States. The Commission insists that national regulators should apply the “pure-LRIC”-costing model.

On the one hand, the Commission wishes conduct enhanced surveillance of euro countries, which might need to request financial assistance in future. On the other hand, the Commission wishes to see the tasks assigned by the bail-out package enshrined in secondary EU legislation.

The Commission wishes to to enhance the efficiency and overall quality of groundhandling services at EU airports. To this end, the market to groundhandling services is to be further opened up, in particular at large airports where at least one additional supplier is to be admitted.

The wishes to limit the term of the contracts entered into by credit rating agencies and issuers as well as the participation volume in credit rating agencies in order to strengthen the independence of credit rating agencies. In future, structured finance instruments will be subjected to ratings by at least two credit rating agencies. Moreover, the Commission wishes to prescribe civil liability for credit rating agencies. 

With its Regulation, the Commission wishes to exempt aid of up to 500,000 Euros for the provision of services of general economic interest (SGEI) from the obligation to obtain approval for the period of three fiscal years. According to the Commission de minimis aid is  unproblematic for they are regarded as measures  which do not distort competition and also do not have a negative effect on trade between Member States.

According to the Commission, the EU needs to invest in energy infrastructure in order to achieve its energy and climate policy targets by 2020. To this end, the guidelines, which are proposed in the form of a Regulation, streamline and better coordinate national permit granting procedures for projects of common interest (PCIs).

The Commission presents three options for the implementation of Eurobonds and puts up for discussion the related pros and cons. With regard to the pros it mentions in particular the alleviation of the current debt crisis, the stabilisation of the banking system and the increased liquidity of the government bonds market. With regard to the cons it mentions the reduced incentives for budgetary discipline. For instance, Member States can run up debts at the expense of the budgetary discipline of other Member States, without this having an affect on their financing costs.

The Commission announces to draw up together with enterprises and other stakeholder a code of conduct in 2012. All enterprises are to commit to comply with CSR approaches on a voluntary basis. In addition, enterprises with more than 1000 employees are to adhere to the internationally recognized ISO 26000 Guidance Standards. In order to establish such self-commitments, the Commission wishes to revise the legal framework, in particular in the field of public procurement and thus put enterprises under pressure.

The Commission is initiating a consultation with the aim to (at first) adopt a non-binding recommendation. The recommendation is to serve as guidance to national regulatory authorities for fixing access prices during the transition phase between copper networks and fibre glass networks.  This approach is to create incentives for investments in ultra-fast NGA networks.