Thu. Nov 21st, 2024

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Romania: EU Commission approves €578m state aid to support energy-intensive companies

The EU Commission has approved a €578 million (RON 2.9 billion) Romanian state aid scheme to lower an electricity levy rate for energy-intensive companies. The levy is intended to promote electricity from renewable energy sources. The scheme aims at mitigating the risk that, due to this levy, energy-intensive companies may relocate their activities to locations outside the EU with less ambitious climate policies.

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21/11/2024

Italy: EU Council greenlights amended recovery and resilience plan

The EU Council today approved the EU Commission’s positive assessment of Italy’s amended recovery and resilience plan. According to the analysis of the Commission, the targeted modifications put forward by Italy do not affect the relevance, effectiveness, efficiency and coherence of its recovery and resilience plans.

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18/11/2024

Facebook: Bundesgerichtshof zu Ansprüchen nach Datenschutzvorfall

Der Anspruch des Klägers auf Ersatz immateriellen Schadens lässt sich mit der Begründung des Berufungsgerichts nicht verneinen. Nach der für die Auslegung des Art. 82 Abs. 1 DSGVO maßgeblichen Rechtsprechung des EuGH kann auch der bloße und kurzzeitige Verlust der Kontrolle über eigene personenbezogene Daten infolge eines Verstoßes gegen die Datenschutz-Grundverordnung ein immaterieller Schaden im Sinne der Norm sein.

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18/11/2024
U.S. President Joe Biden and China's President Xi Jinping

Chinese view on the meeting of President Xi Jinping and President Joe Biden in Lima

The two Presidents have jointly brought the China-U.S. dialogue and cooperation back on track. More than 20 communication mechanisms have been restarted or established, and positive achievements have been made in such areas as diplomacy, security, economy, trade, fiscal affairs, finance, military, counternarcotics, law enforcement, agriculture, climate change, and people-to-people exchange.

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18/11/2024

Malta: IMF staff concluding statement of the 2024 Article IV Mission

Malta has experienced remarkable growth over the past decade. Although growth is expected to moderate, staff anticipate that it will remain among Europe’s highest. Inflation has fallen to around 2.25 percent, yet some inflationary pressures persist in services. Strong growth has been supported by an influx of foreign workers and tourists, leading to increased population density and strain on infrastructure. The financial system remains resilient and stable.

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18/11/2024

Readout on President Joe Biden’s Meeting with President Xi Jinping

U.S. President Joseph R. Biden Jr. met with China’s President Xi Jinping in Lima, Peru, on Sunday. This meeting is the third between the two Presidents and follows their April 2, 2024, telephone call. The two leaders had a candid, constructive discussion on a range of bilateral, regional, and global issues, including areas of cooperation and areas of difference.

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17/11/2024
euro, seem, currency

EU Bugdet 2025: EU Commission welcomes deal between Council and Parliament

The EU Commission welcomes today’s agreement between the European Parliament and the European Council on the annual EU budget 2025. This budget will allow the EU to deliver on its political commitments, starting with the changes agreed in the mid-term revision of the Multiannual Financial Framework (MFF). The annual EU Budget for 2025 will amount to €199.4 billion.

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16/11/2024
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