17 Mar 2016
EUROPEAN COMMISSION DAILY NEWS – 17 MARCHBrussels Daily
Circular economy: New Regulation to boost the use of organic and waste-based fertilisers
Delivering on the Circular Economy Package adopted in December 2015, today the Commission is proposing a Regulation on Fertilisers which will significantly ease the access of organic and waste-based fertilisers to the EU single market. By bringing these fertilisers on a level playing field with traditional, non-organic fertilisers, the Regulation will create new market opportunities for innovative companies while at the same time reducing waste, energy consumption and environmental damage. Commission Vice-President Jyrki Katainen, responsible for Jobs, Growth, Investment and Competitiveness, said: “Very few of the abundant bio-waste resources are transformed into valuable fertilising products. Our farmers are using fertilisers manufactured from imported resources or from energy-intensive processes although our industry could valorise these bio-wastes in recycled nutrients. This Regulation will help us turn problems into opportunities for farmers and businesses.” The Regulation sets out common rules on converting bio-waste into raw materials that can be used to manufacture fertilising products. It defines safety, quality and labelling requirements that all fertilising products need to comply with to be traded freely across the EU. A press release and MEMO are available online.
EUROSTAT: Annual inflation down to -0.2% in the euro area
Euro area annual inflation was -0.2% in February 2016, down from 0.3% in January 2016. In February 2015 the rate was -0.3%. European Union annual inflation was also -0.2% in February 2016, down from 0.3% in January. A year earlier the rate was -0.3%. These figures come from Eurostat, the statistical office of the European Union. In February 2016, negative annual rates were observed in fifteen Member States. The lowest annual rates were registered in Cyprus (-2.2%) and Romania (-2.1%). The highest annual rates were recorded in Belgium (1.1%), Austria and Malta (both 1.0%). Compared with January 2016, annual inflation fell in twenty Member States, remained stable in one and rose in six. The largest upward impacts to euro area annual inflation came from restaurants and cafes (+0.13 percentage points), rents (+0.08 pp) and fruit (+0.06 pp), while fuels for transport (-0.49 pp), heating oil (-0.24 pp) and gas (-0.10 pp) had the biggest downward impacts. A Eurostat press release is available online.