The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has published today its advice to the European Commission (EC) to support the Listing Act’s goals to simplify listing requirements, enhance access to public capital markets for EU companies, and improve market integrity.

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European Parliament President Roberta Metsola, Vice-President Sabine Verheyen and Culture and Education Committee Chair Nela Riehl stress the vital role of independent journalism.

President Roberta Metsola said: “A free press is the best shield for democracy. Journalists must be free to report without fear of censorship, intimidation, or retaliation. The European Parliament will always defend and stand up for media and press freedom – not only on World Press Freedom Day, but every day.”

Sabine Verheyen (EPP, DE), Vice-President of the European Parliament and chair of the Working Group on the implementation of the European Media Freedom Act (EMFA) said:

“On World Press Freedom Day, we reaffirm our commitment to one of the fundamental pillars of democracy: media freedom. Free, independent, and diverse journalism is essential to any democratic society. However, it remains under threat – even within some EU member states – and without it, democracy cannot function. The European Media Freedom Act (EMFA), passed in April 2024, is vital in addressing these challenges. It sends a strong message about the need to protect media diversity and journalistic independence across Europe. Media is more than just an industry – it shapes political discourse, drives cultural development, fosters social inclusion, and safeguards fundamental rights.

“The EMFA represents a historic milestone for the EU: for the first time, a comprehensive European law is in place to uphold press freedom and media pluralism. We have made significant legislative progress in shielding journalists from political interference and economic pressure. But these protections now need to be actively enforced.

“The EMFA is already taking effect. The first provisions have officially entered into force, with the next set to follow this month. By August 2025, the most significant parts of the law will come into effect, marking a major step in strengthening media freedom across the EU. However, the real impact of the EMFA depends on its implementation. That is why we are already monitoring the process closely to ensure that member states do not delay its enforcement. Press freedom cannot wait – we must act upon these commitments.

“On this World Press Freedom Day, we have to remember the importance of standing firm in defending media freedom. Troubling global trends remind us that indifference is not an option. Even in Europe, we must remain vigilant in upholding our democratic values. Press freedom is the backbone of democracy – defending it means protecting our freedoms and the values we hold dear.”

Nela Riehl (Greens, DE), Chair of the Committee on Culture and Education, said: “An independent press sector is an essential pillar of our democracy. We need a free press to hold our decision makers accountable, advance social change, and keep citizens informed. I am concerned about the drastic increase in young people’s exposure to news from unverified sources on social media. Quality journalism is competing with algorithms on social media platforms for our attention. To minimise the spread of harmful disinformation, the EU is now starting to regulate digital platforms, but we also need to improve media literacy, make sure people have access to accurate information, and provide education on media consumption.

“This should be a high priority for civic education, with clear targets as we work towards improved democratic resilience across Europe. As a committee, we are pushing these challenges up the European education agenda, and we welcome the first steps in this direction under the Commission’s “Union of Skills” initiative.

“My recent visit to Ukraine reminded me of the power of citizens to counter threats to democracy. When the manipulation of information is weaponised, strengthening and protecting people – namely independent journalists, reporters, media professionals, and volunteers – is a matter of security as well. Accordingly, this World Press Freedom Day, we also emphasise the need to make work environments safe for the independent press, with liveable working conditions, a supportive European infrastructure, and protection from persecution.”

The chairs of the Civil Liberties Committee, the Human Rights Subcommittee and the Special Committee on the European Democracy Shield are also issuing a statement to mark the World Press Freedom Day. You can read it here (available soon).

How Parliament strengthens media freedom

In early 2024, Parliament and Council adopted new rules to protect freedom of media and the independence of journalists in the EU. The provisions of the Media Freedom Act (EMFA) will become fully applicable in EU member states as of 8 August 2025.

These provisions should ensure transparency of media outlet ownership and of allocation of state advertising, strengthen public media independence, and secure robust protection for journalists and their sources. To ensure visibility and pluralism, digital platforms will be prevented from arbitrarily deleting or restricting independent media content.

A directive to protect journalists and civil society activists against strategic lawsuits seeking to silence critical voices must be transposed into national law in all EU member states by 7 May 2026.

Every year, the European Parliament rewards outstanding journalism that promotes or defends the core principles and values of the European Union, such as human dignity, freedom, democracy, equality, rule of law, and human rights. The fifth edition of the Daphne Caruana Galizia Prize for Journalism will be launched later this month.