Mon. Oct 7th, 2024

NEWS & BACKGROUND

ON THE TOP

artificial intelligence, network, programming

Real world competition impact of GenAI and virtual worlds: EU policy brief

The policy brief, written by EU Commission staff, explores market dynamics, emerging tendencies, and barriers to entry in these sectors. It suggests elements of a preliminary framework for the analysis of cases, such as theories of harm and efficiency gains. In particular, it looks at what types of anticompetitive concerns may emerge and at the possible tools to address them.

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LATEST NEWS TICKER

BUSINESS

EU Commission clears acquisition of TBX NewCo Spain and TBX Upstream Seamless Pipes by Tubacex and Mubadala

The EU Commission has approved the acquisition of joint control of TBX NewCo Spain S.L.U. of Spain and TBX Upstream Seamless Pipes L.L.C. of the UAE by Tubacex S.A. of Spain and Mubadala Investment Company P.J.S.C. (‘Mubadala’) of the UAE. The transaction relates primarily to the manufacture of oil country tubes for the exploration and extraction of oil and gas.

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EU Commission launches project and gathers experts to address Long COVID

The project will focus on seven key areas: defining Long COVID; developing a surveillance system; promoting the exchange of information amongst healthcare professionals; providing clinical guidelines and recommendations to Member States; supporting affected patients and carers; assessing the social and economic consequences of Long COVID; and identifying research needs.

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Visa Liberalisation: EU and Armenia launch dialogue

The European Commission and the Republic of Armenia announced the start of a visa liberalisation dialogue. This process aims to support Armenia in achieving a visa-free regime for short-stays with the EU, provided that the relevant conditions for well-managed mobility and security are put in place.

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online, shopping, ecommerce

EP Think Tank paper on the WTO Agreement on e-Commerce

After five years of negotiations, 82 members of the World Trade Organization (WTO) reached an agreement on the first-ever global rules on electronic commerce. The plurilateral talks were led by the co‑conveners Australia, Japan, and Singapore, under a WTO joint statement initiative (JSI) that had attracted 91 participants, accounting for more than 90 % of global trade.

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​European Banking Authority launches 2024 EU-wide transparency exercise

​The European Banking Authority (EBA) has launched its 2024 EU-wide transparency exercise. Ahead of the 2025 stress tests, this transparency exercise will offer preliminary and valuable insights into the health and resilience of Europe’s banking sector. The results will be published at the end of November, together with the release of the Risk Assessment Report (RAR).

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euro, money, currency

Insight EU Finance Monitoring Weekly: 2 – 6 September 2024

These are the headlines of our weekly Insight EU Finance Monitoring, published last Saturday. We publish the headlines of our Insight EU Monitoring mails delayed by several days. To receive real-time monitoring emails, subscribe to our annual target group full-text services on the Insight EU Store page.

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Future EU competitiveness: Mario Draghi delivers report to President von der Leyen

The vision that drives Europe forward is to create conditions where businesses thrive, the environment is protected, and everyone has an equal chance at success. Sustainable competitiveness should make sure businesses are productive and environmentally friendly. Economic security ensures that our economy can handle challenges and protect jobs. With open strategic autonomy, Europe is not just open for business; but is shaping a better, fairer world.

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DIGITIZATION

The EU Commission and Ukraine met for their 3rd Cyber Dialogue

During the dialogue, the EU and Ukraine underlined their strong commitment to the UN framework of responsible state behaviour in cyberspace, grounded in the application of international law and norms of responsible state behaviour. They agreed to further strengthen cooperation on cyber diplomacy in international fora.

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Digital Services Act breaches: EU Commission sends preliminary findings to X

According to the EU Commission, X designs and operates its “verified accounts” with the “Blue checkmark” in a way that deceives users. X does not comply with the required transparency on advertising, as it does not provide a searchable and reliable advertisement repository. And X fails to provide access to its public data to researchers in line with conditions set out in the DSA.

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SECURITY

Western Balkans: NATO reaffirms commitment to regional stability

NATO Assistant Secretary General for Political Affairs and Security Policy, Ambassador Boris Ruge, held high-level consultations in Sarajevo, Pristina and Belgrade from 16 to 22 August 2024. Ambassador Ruge highlighted that the Western Balkans is a region of strategic importance for the Alliance and reiterated NATO Allies’ steadfast commitment to lasting security.

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EU Commission remembers the victims of totalitarian and authoritarian regimes

Statement by EU Commission Vice-President Jourová and EU Commissioners Reynders and Dalli on the Europe-Wide Day of Remembrance for the victims of all totalitarian and authoritarian regimes: “Democracy is an asset we can’t take for granted. It needs to be constantly nurtured. We have witnessed it being targeted by forces who wish to unravel the fabric of our values.”

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Fugitive Calabrian organized crime leader arrested in Slovenia – Eurojust

A fast and coordinated action by Italian and Slovenian authorities, supported by Eurojust, has led to the arrest of a dangerous criminal hiding in Koper, Slovenia. The leader of an Italian organised crime group (OCG) was on the run from a 21-year prison sentence. He had been convicted of several crimes including drug trafficking, extortion and kidnapping.

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NATO emergency response: New request for assistance by Ukraine

The State Emergency Service of Ukraine has issued a request for international assistance via NATO’s emergency response mechanism, the Euro-Atlantic Disaster Response Coordination Centre. The request is for heavy equipment to support civilian emergency responders dealing with the consequences of Russia’s daily attacks on civilian infrastructure in Ukraine.

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SUSTAINABILITY

EU Commission clears acquisition of TBX NewCo Spain and TBX Upstream Seamless Pipes by Tubacex and Mubadala

The EU Commission has approved the acquisition of joint control of TBX NewCo Spain S.L.U. of Spain and TBX Upstream Seamless Pipes L.L.C. of the UAE by Tubacex S.A. of Spain and Mubadala Investment Company P.J.S.C. (‘Mubadala’) of the UAE. The transaction relates primarily to the manufacture of oil country tubes for the exploration and extraction of oil and gas.

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World Sexual Health Day: ECDC suggests actions to limit spread of sexual infections

On World Sexual Health Day, the European Centre for Disease Prevention and Control (ECDC) publishes a comprehensive review that underscores the urgent need to improve monitoring data and enhance targeted prevention interventions across Europe. The study provides evidence-based prevalence estimates for sexually transmitted infections (STIs) in Europe and identifies population groups at greatest risk of contracting these infections.

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Energy markets: New CEER report identifies consumer protection measures

The Council of European Energy Regulators (CEER) released a new report Beyond the Crisis: Consumer Protection and Market Measures for Better Functioning Markets. The report examines measures implemented to address the challenges posed by the recent energy crisis and reflects on the lessons learned to create more consumer-centric energy markets.

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EU AGENDA

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