Fri. Oct 11th, 2024

LEGAL AFFAIRS

LATEST NEWS

A European judge sitting in a courtroo, using artificial-intelligence technology to-assist in decision-making

Artificial Intelligence: The strategy of the EU Court of Justice

Artificial Intelligence (A.I.) has been around since the 1950s, but its recent exponential growth can be attributed to two factors: first, the availability of larger datasets for training and second, increased computational power. It holds significant potential for the Court of Justice of the European Union (ECJ), on the one hand by enabling automation of simple tasks, on the other hand, by offering new possibilities in legal research, translation, interpretation,

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EU Commission greenlights Slovakia’s €662m RRF request

Today, the Commission has endorsed a positive preliminary assessment of Slovakia’s payment request for €662 million in grants under the Recovery and Resilience Facility (RRF), the key instrument at the heart of NextGenerationEU. On 25 September 2023, Slovakia submitted to the Commission a payment request based on the achievement of the 21 milestones and six targets set out in the Council Implementing Decision, for the third instalment.

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EU Commission approves Ferrovie dello Stato asset transfers

The European Commission has concluded that the transfers of certain railway assets between companies of the Italian rail incumbent Ferrovie dello Stato Group (‘FS Group’) do not constitute State aid within the meaning of EU rules. The Commission has also found Italy’s compensation to Trenitalia for the provision of rail freight transport services in line with EU State aid rules, except for compensation for certain routes, which constitutes incompatible aid.

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EU Commission endorses Ireland’s revised recovery and resilience plan

Ireland’s revised plan contains a broad scope of green measures in areas including energy renovation for public buildings, the decarbonisation of enterprises, and the promotion of sustainable transport. The Irish revised plan continues to drive the country’s digital transition. It includes measures to address the risk of the digital divide and to strengthen digital skills. The modified plan will also continue to help strengthen economic and social resilience of Ireland

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EU Commission endorses Hungary’s €4.6bn REPowerEU chapter

Hungary’s REPowerEU chapter, worth €4.6 billion, includes 13 new reforms and 16 investments, including two scaled-up investments drawing on existing measures. The implementation of these measures will help deliver on the REPowerEU Plan’s objective of making Europe independent of Russian fossil fuels well before 2030. These measures aim to strengthen and modernise the electricity sector, accelerate the deployment and use of renewable energy, improve energy efficiency, promote sustainable transport, upskill

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Third-country nationals: EU updates rules for long-term resident status

In accordance with the Council position, third-country nationals can cumulate residence periods of up to two years in other member states in order to meet the requirements of the five-year residence period. However, in the event of an applicant having resided in another member state, the Council has decided to accept only certain types of legal residence permits, such as holders of EU Blue Cards or residence permits issued for

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Europol: Croatian narco boss arrested in Istanbul

Europol supported an investigation involving Croatian, German, Spanish and Turkish law enforcement authorities into large-scale cocaine trafficking as part of the Operational Taskforce Balkan Cartel. The operational activities led to the arrest of a Croatian high-value target, who was intercepted last week in Istanbul (Türkiye).

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EU Council adopts directive for consumer right to repair

The Council has today adopted its position (or ‘negotiating mandate’) on a proposed directive on common rules promoting the repair of goods, also known as the right-to-repair (or R2R) directive. The proposed text aims to remove obstacles that discourage consumers from seeking repair, such as inconvenience, lack of transparency or difficult access to repair services.

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EU Commission clears acquisition of iNRCORE by Warburg Pincus and TJC

The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of iNRCORE LLC by Warburg Pincus LLC and TJC LP, all of the US. The transaction relates primarily to the electronic components sector. The Commission concluded that the notified transaction would not raise competition concerns, given the companies’ limited market position resulting from the proposed transaction.

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EU Commission clears acquisition of OIL! by Prax

The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control of OIL! Tankstellen GmbH (‘OIL!’) of Germany by Prax Limited (‘Prax’) of the UK. The transaction relates primarily to the retail sale of motor fuels and complementary products through fuel stations.

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Mergers: EU Commission clears acquisition of G-Star by WHP

The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control of the intellectual property rights of G-Star of the Netherlands and the acquisition of joint control of its operational assets by WHP Investments (‘WHP’) of the US. The transaction relates primarily to the retail sector, in particular clothing, footwear and accessories.

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EU Commission receives third payment request from Greece for €1.85bn in loans under the RRF

This payment request relates to a target requiring that €3.5 billion of RRF loans are signed by financial institutions and commercial banks with final recipients to support private investment related to areas such as the green transition, the digital transition, and innovation. Greece is submitting this payment request ahead of schedule, reflecting faster than expected absorption of the loans by the private sector in Greece.

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FinCEN Exchange discusss attempts by Russia to evade export controls

The Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) and Office of Foreign Assets Control, along with the Department of Commerce’s Bureau of Industry and Security (BIS), co-hosted a virtual FinCEN Exchange to discuss attempts by Russia to evade export controls. The Exchange included representatives from small- to mid-size financial institutions, law enforcement, and government agencies.

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EU extends Gender Action Plan for equality worldwide

In 2021–2022, during the first years of the new EU Gender Action Plan (GAP III), the European Union committed €22.4 billion to contribute to building a more gender-equal world, finds a joint mid-term report by the European Commission and the European External Action Service on the implementation of the GAP III just published.

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EU Commission approves Croatia’s €10bn recovery plan

Today, the Commission has positively assessed Croatia’s modified recovery and resilience plan, which includes a REPowerEU chapter. The plan is now worth €10 billion (€5.8 billion in Recovery and Resilience Facility (RRF) grants and €4.2 billion in RRF loans) and covers 84 reforms and 253 investments.

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