European Union

SUVs sind in der Schweiz umstritten: Sechs von zehn Schweizern kritisieren ihre Grösse und den hohen Spritverbrauch. Doch SUVs bleiben beliebt: Jedes zweite verkaufte Auto gehört zu dieser Kategorie. Kleinstwagen spielen auf dem Schweizer Automarkt nur eine Nebenrolle.

Le jeûne catholique est axé sur la vie spirituelle et la compassion ; ainsi, pendant le jeûne, on modifie non seulement son alimentation, mais aussi ses habitudes et ses comportements.

Viele Ersatzprodukte und viel Wasser – so das Fazit von Sebastian Lege. Er kocht für die ZDF-Sendung «Besseresser» die angebotenen Gerichte nach.

Finanzüberraschung in Bern: Karin Keller-Sutter verkündet für 2025 einen Gewinn von 300 Millionen Franken statt des erwarteten Verlusts. Gleichzeitig aber malt sie ein düsteres Bild für die kommenden Jahre – gerade wegen AHV und Armee.

Stundenlang auf Tiktok Videos anzuschauen, hinterlässt Spuren. Chinesische Forscher haben untersucht, wie Kurzvideos unser Gehirn verändern – mit Ergebnissen, die aufhorchen lassen.

Eray Cömert sorgt im «Derbi Valenciano» für Aufruhr. Nach Valencias 2:0-Auswärtssieg stülpt der 28-Jährige sein Trikot über die Eckfahne von Levante und jubelt vor den wütenden Fans. Als er das Feld verlässt, nehmen ihn die aufgebrachten Levante-Anhänger ins Visier.

He made the comment on an official visit to Ethiopia, saying it could prove dangerous for a volatile region.

Written by Issam Hallak.

CONTEXT

The European Union’s competitiveness and prosperity depends on an optimal allocation of resources, particularly savings, within the single market, yet EU capital markets remain fragmented. EU rules are mostly set out through directives, leaving Member States’ supervisory authorities latitude in their interpretation and application of the rules. Therefore, although rules are enacted at EU level, the resulting uneven supervisory environment is considered a major cause of fragmentation of EU capital markets. EU-level supervision and regulation thus constitute instruments to ‘de-fragment’ – i.e. ‘integrate’ – the EU’s capital markets.

On 4 December 2025, the European Commission issued a package of three proposals to address this situation (the ‘Market integration package’), as part of its savings and investments union strategy. The proposal to amend 14 regulations – entitled the ‘Master regulation’ by the Commission – would primarily transfer supervisory powers to the European Securities and Markets Authority (ESMA) in some specific markets and areas, strengthen its coordination instruments, and modify its governance. This proposal also aims at removing barriers to cross-border activities and trading.

LEGISLATIVE PROPOSAL

2025/0383 (COD) – Proposal for amending Regulations (EU) No 1095/2010, No 648/2012, No 600/2014, No 909/2014, 2015/2365, 2019/1156, 2021/23, 2022/858, 2023/1114, No 1060/2009, 2016/1011, 2017/2402, 2023/2631 and 2024/3005 as regards the further development of capital market integration and supervision within the Union – COM(2025) 943, 4 December 2025.

NEXT STEPS IN THE EUROPEAN PARLIAMENT

For the latest developments in this legislative procedure, see the Legislative Train Schedule: 2025/0383 (COD)

Read the complete briefing on ‘Capital markets integration and supervision: Master regulation‘ in the Think Tank pages of the European Parliament.

The Council set its position on amending the market stability reserve for a smooth launch of the emissions trading system for buildings, road transport and additional sectors.

The election campaign in Hungary is becoming increasingly heated in the run-up to the parliamentary elections on 12 April. While opposition leader Péter Magyar has said that Prime Minister Viktor Orbán is capable of nothing more than "incitement" and "threats", Orbán has described Magyar's conservative Tisza Party as a "creation of foreign powers". Orbán has been endorsed by US Secretary of State Marco Rubio, who told him: "Your success is our success."

The Board of Peace established by US President Donald Trump in January is scheduled to meet in Washington on Thursday to discuss the Gaza conflict. Trump has announced that its members have pledged around 4.2 billion euros for the reconstruction of the war-ravaged region and security forces. So far the board has 26 member states. Several countries plan to participate as observers.