In TIPS, NTC transactions would come in addition to SCT Inst transactions. Examples of possible business cases would be payments whose immediacy is not necessary. Learn more about what advantages this would bring and how NTC payments can benefit PSPs.
Fabrizio Dinacci, Team Lead Market Infrastructure PM, ECB
Source: Council of the European Union (video statements)
80 years ago, Europe lay in ruins. Out of the rubble, an idea took hold: a united Europe, a Europe of peace. By uniting their coal and steel production, six countries began turning that dream into reality. Over the years, more countries joined and the cooperation intensified. But that dream cannot be taken for granted. It requires constant work – today more than ever.
On 9 June, 2025, at the UN Ocean Conference, Commission President Ursula von der Leyen presents the European Ocean Pact:
"We want to build a strong global alliance for the Ocean, because the fight to promote and protect our Ocean is a global challenge. As the declaration from this Conference makes clear, there is a funding shortfall to support ocean conservation, science and sustainable fishing. So I am delighted to announce today that:
Europe is investing EUR 1 billion in 50 projects around the world. We will invest in those who make a living from the sea, and we will invest in scientists and conservationists who seek to protect it. We will help to promote sustainable fishing in Tanzania, regenerate mangrove forests and their natural supply chains in Guyana and protect the coral and seagrass which sustain 20% of global fish stocks. Knowledge is one of the most powerful tools for ocean conservation, so one-third of the EUR 1 billion in funding announced today is targeted for research and scientific projects."
Read the full speech here: https://ec.europa.eu/commission/presscorner/detail/en/speech_25_1457
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The ocean powers life on Earth. It covers 70% of the planet, produces half our oxygen, and holds 80% of global biodiversity. But it’s at a tipping point.
To protect this vital resource while unlocking its full potential, the EU launched the European Ocean Pact, a unified strategy to shape the future of ocean governance.
From fisheries to offshore wind. From biodiversity to marine research. From local communities to global cooperation. One Ocean, One strategy. #EUOceanPact
Join the United Nations Ocean Conference on June 9, 2025, in Nice, France. A global moment to reflect, unite, and act for the protection and sustainable use of the ocean.
The European Commission has welcomed numerous prominent guests, like Nelson Mandela and “U2” lead singer Bono. But these were not the only important events this week. Dive further with us into the European Commission’s audiovisual archives and discover important anniversaries with our new weekly AV history teaser!
Upcoming anniversaries in the teaser:
· 1975: Greece applies for membership in the European Communities
· 1985: Signing of the Schengen Agreements
· 1990: Nelson Mandela, former President of the African National Congress, meets with Commission President Jacques Delors
· 2005: “U2” lead singer Bono visits the European Commission and its President José Barroso
Get the complete material from our archive:
https://europa.eu/!kqRcrj
https://europa.eu/!3D8QgT
https://europa.eu/!HrqRxm
https://europa.eu/!w3F8HM