The European Commission has set out, in the form of a Communication, its vision for the long-term financing of the EU agency responsible for granting EU-wide trademark and design rights, OHIM (Office for Harmonization in the Internal Market, located in Alicante, Spain). The European Commission proposes the introduction of a regular and automatic review of trademark fees in order to ensure a reasonable balance in OHIM's budget. In the shorter term, this should mean lower trademark fees and a reduction in OHIM's surplus cash reserves.
[European Commission Press Release]