On Monday, MEPs restored €1.52 billion in funding cuts proposed by the EU Council, bringing allocations back to the levels originally suggested by the Commission. They also increased funding for programmes vital to address the impacts of Russia’s war against Ukraine, the need for green and digital transitions, and supporting economic recovery.
The trend of a stagnating market share of battery electric cars sends an extremely worrying signal for industry and policy makers, united in the European Automobile Manufacturers’ Association (ACEA). The EU automotive industry has invested billions in electrification to put vehicles on the market, but the other necessary ingredients for this transition are not in place and the competitiveness of the EU is eroding.
Today, as part of the Biden-Harris Administration’s comprehensive strategy for responsible innovation, the White House convened leaders from hyperscalers, artificial intelligence (AI) companies, datacenter operators, and utility companies to discuss steps to ensure the United States continues to lead the world in AI.
The EU’s renewable energy ambitions face key challenges, particularly due to its reliance on China’s critical raw materials. The latest paper by the EU Council Analysis and Research Team (ART) explores the crucial role of wind energy in achieving climate neutrality by 2050 and offers strategies to address dependencies and enhance energy security.
On Monday, transport MEPs voted to start trialogues on driving licence, driving disqualification, maximum weights and dimensions in traffic, railway capacity and maritime safety rules.
The transaction relates primarily to the planning, construction and operation of data centres in the Frankfurt region in Germany.
The European Commission has approved, under EU State aid rules, a Danish scheme, with a budget of approximately €20 million (DKK 151 million), to support higher animal welfare standards for pigs.
Petteri ORPO, Prime Minister of Finland, has suggested Henna Virkkunen as Member of the European Commission.
EU EVP Valdis Dombrovskis and Fiji’s Deputy Prime Minister Manoa Kamikamica have announced the further strengthening of bilateral trade relations, through the full implementation of the interim Economic Partnership Agreement (EPA) between the European Union and the Pacific States.
The Commission has launched a call for nominations of scientists to be shortlisted for future membership of the Group of Chief Scientific Advisors (GCSA). The group provides high-quality, timely and independent scientific advice to the College of Commissioners at its request on any subject.
The EU Commission has disclosed to interested parties the draft decision to impose definitive countervailing duties on imports of battery electric vehicles (BEVs) from China. This draft decision reflects the comments received from interested parties on the provisional countervailing duties published on 4 July 2024, as well as the conclusion of a number of investigative steps that had not been finalised at provisional stage.
German holding company FWU AG has recently gone into insolvency and its Luxembourgish subsidiary FWU Life Insurance Lux S.A. (“FWU Luxembourg”) filed for a suspension of payment with the District Court of Luxembourg. Many policyholders have questions and are wondering what to do.
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.
The transaction mainly concerns the areas of energy and utilities, connectivity and installation work in the real estate sector.
The EU proposal for an AI Liability Directive (AILD) contains several links with the AI Act (Regulation (EU) 2024/1698). As the AI Act has been agreed with amendments compared to the Commission’s proposal, there are several new provisions that could impact the provisions of the AILD.
The EU Commission has approved the acquisition of joint control of I-Tracing Sas by Eurazeo Global Investor SAS, both based in France, and Oakley Sotogrande Luxco S.à r.l., based in Luxembourg. The transaction mainly concerns the cybersecurity sector.
In the second quarter of 2024, the number of bankruptcy declarations of EU businesses increased by 3.1% compared with the first quarter of 2024. At the same time, business registrations were down by 2.1% compared with the first quarter of 2024.
On 4 October, the EU Commission held a multi-stakeholder workshop to collect input for the guidelines on protection of minors under the Digital Services Act (DSA). The guidelines will assist providers of online platforms to ensure a high level of privacy, safety and security for minors.
Temu is an online marketplace with an average of more than 45 million monthly users in the European Union. This user number which Temu has communicated to the EU Commission, is above the Digital Services Act threshold for designation as a Very Large Online Platform (VLOP).
The Strategic Technologies for Europe Platform (STEP) aims to support the development and manufacturing of critical technologies relevant to the EU green and digital transitions, as well as the EU’s strategic sovereignty.
The 60 new COST Actions cover topics as wide and varied as managing Artificial Intelligence in archaeology to advancing understand of vascular liver disease, promoting indoor air cleaning, encouraging non-chemical weed management in medicinal plants, and building a peace research community in Europe.
The EU Commission has approved a €2 billion Italian measure to support STMicroelectronics (‘ST’) in the construction and operation of an integrated chip manufacturing plant for Silicon Carbide (‘SiC’) power devices in Catania, Sicily.
GRVA deals with safety provisions related to the dynamics of vehicles (braking, steering), Advanced Driver Assistance Systems, Automated Driving Systems and well as Cyber Security provisions.
Qatar’s pledge marks the first commitment since the launch of the Road to Morocco High-Level Pledging Forum during the ITF Summit in Leipzig, Germany, on May 23.
This year, the Erasmus+ programme reached the milestone of more than 15 million participants since 1987. On this occasion, the Commission has launched today a data storytelling initiative giving easy access to information about Erasmus+.
“The world economy will see another downturn—that much is certain. Today, I will describe how the widespread use of AI could turn an ordinary downturn into a deep and prolonged economic crisis by causing large-scale disruptions in labor markets, in financial markets, and in supply chains. I will also discuss what policy actions—taken now—can help mitigate some of these downside risks” – Gita Gopinath, First Deputy Managing Director, International Monetary Fund (IMF).
E-commerce: A Member State may not impose additional obligations on an online service provider established in another Member State.
Online orders: An order button, or a similar function, must clearly indicate that, by clicking on it, the consumer assumes an obligation to pay. This applies even where the obligation to pay is also dependent on the satisfaction of a subsequent condition.
“Hamas’ terrorist attacks on Israel ignited a spiral of violence which has brought the entire region to a state of extreme tension and volatility. All parties must act responsibly, with restraint, and engage to de-escalate the current tensions” – EU Commission President Ursula von der Leyen.
“Generation after generation have made Europe, have chosen a strong Europe. And now that responsibility is up to us. The last five years have shown what we can do together. Let us do it again. Let us make the choice of strength. Let us make the choice of leadership. Let us make the choice of Europe” – Ursula von der Leyen.
Europe now faces a clear choice. A choice to either face up to the uncertain world around us alone. Or to unite our societies and unite around our values. A choice to be dependent, to let the divisions weaken us. Or to be bold in our ambition and sovereign in our action, working with our partners around the world. A choice to ignore new realities or the speed of change. Or to be clear-eyed about the world and threats around us as they really are. A choice to let the extremists and appeasers prevail. Or to ensure our democratic forces stay strong.
“Earlier today following his first event in Las Vegas, U.S. President Biden tested positive for COVID-19. He is vaccinated and boosted and he is experiencing mild symptoms. He will be returning to Delaware where he will self-isolate and will continue to carry out all of his duties fully during that time” – Biden’s press secretary Karine Jean-Pierre
The EU Parliament condemns Russia’s barbaric missile attack on the Okhmadyt children’s hospital in Kyiv, and the recent visit of the Hungarian Prime Minister Viktor Orbán to the Russian Federation, which does not represent the EU and is a blatant violation of the EU’s treaties and common foreign policy.
Eurojust and the United States Department of Justice brought together senior European and US officials, prosecutors and law enforcement members to combat the unlawful transfer of sensitive technology to foreign adversaries. The meeting on 12 July emphasised the urgent need to stop the illicit export of goods to Russia in light of its ongoing war of aggression against Ukraine.
The President of the European Economic and Social Committee (EESC), Oliver Röpke, signed a Memorandum of Understanding (MoU) with the African Union Economic, Social and Cultural Council (ECOSOCC) represented by its Presiding Officer, Khalid Boudali. What is it about?
These reports describe the investment climates of more than 160 countries and economies, helping U.S. companies make informed decisions about doing business overseas.
At the World Trade Organisation (WTO), the ninth review of the trade policies and practices of China takes place on 17 and 19 July 2024. The basis for the review is a report by the WTO Secretariat and a report by the Government of China, both embedded in this report.
Verfahren gegen Betreiber der illegalen Internetplattform movie2k: Notveräußerung von fast 50.000 Bitcoins abgeschlossen – 2,639 Milliarden Euro vorläufig gesichert.
U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned three Mexican accountants and four Mexican companies linked to timeshare fraud led by the Cartel de Jalisco Nueva Generacion (CJNG). Fraudsters use holiday models such as timeshare to get their hands on the money of gullible holidaymakers. Their victims are not only cheated when they purchase timeshare rights for a holiday property, but also when they want to sell it again.
As the next stage of the Hungarian Prime Minister’s peace mission, the meeting in Mar-a-Lago, Florida, focused on the possibilities of peace.
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.
On Monday, transport MEPs voted to start trialogues on driving licence, driving disqualification, maximum weights and dimensions in traffic, railway capacity and maritime safety rules.
International Atomic Energy Agency (IAEA) experts at Ukraine’s Zaporizhzhya Nuclear Power Plant (ZNPP) witnessed thick dark smoke coming from the north-western area of the plant, after hearing multiple explosions. The team was informed that an alleged drone attack on one of the plant’s cooling towers took place. There was no impact on nuclear safety.
The IAEA has been monitoring the situation on the reported military activities taking place in the vicinity of the Kursk Nuclear Power Plant (NPP). This NPP has six units of two different reactor types: RBMK-1000 and VVER-510. Two of the RBMK-1000 are in shutdown and two are fully operational. The two VVER-510 units are under construction.
In June, the teams from Fusion for Energy (F4E) and National Institutes for Quantum Science and Technology (QST) gathered in-person and online in Rokkasho, Japan, to celebrate the wrap-up of another successful round of operations. But many were already eyeing the next phase with excitement, as the accelerator will break new ground by reaching its final configuration.
The EU is the world’s largest milk producer. While milk is produced in all Member States, farm and herd sizes, yields and types of farming vary widely across Europe, from free-range farming in Alpine areas to large-scale specialised dairy farms.
The European Commission proposed a reform of the EU electricity market to reduce price volatility for consumers and incentivise investment in low-carbon energy. The reform included two legislative proposals – on electricity market design (EMD) and on protection against wholesale energy market manipulation (REMIT). What is the stage of this reform?
In 2024 and as of 31 July 2024, eight countries in Europe reported 69 locally acquired human cases of WNV infection. Cases were reported by Greece (31), Italy (25), Spain (5), Austria (2), Hungary (2), Serbia (2), France (1) and Romania (1). Eight deaths were reported by Greece (5), Italy (2) and Spain (1).
A new version of the IAEA publication ‘Milestones in the Development of a National Infrastructure for Nuclear Power’ is now published and has been revised to address issues related to small modular reactors.
Despite their rich histories and cultures, many Indigenous Peoples remain among the world’s most marginalised communities. Increasing competition over natural resources and land, as well as the triple planetary crisis of climate change, biodiversity loss and pollution puts Indigenous Peoples particularly at risk.
Today’s biggest cruise ships are twice as big as they were in 2000, a new Transport & Environment (T&E) report shows. If they continue to grow at this rate, the biggest cruise ships in 2050 could amount to a staggering 345,000 gross tonnage, making them almost eight times bigger than the Titanic.
The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of ALLETE Inc. by funds managed by Global Infrastructure Management LLC , both of the US, and Canada Pension Plan Investment Board of Canada.
We and use cookies and other tracking technologies to improve your experience on our website. We may store and/or access information on a device and process personal data, such as your IP address and browsing data, for personalised advertising and content, advertising and content measurement, audience research and services development. Additionally, we may utilize precise geolocation data and identification through device scanning.
Please note that your consent will be valid across all our subdomains. You can change or withdraw your consent at any time by clicking the “Consent Preferences” button at the bottom of your screen. We respect your choices and are committed to providing you with a transparent and secure browsing experience.
| Cookie | Duration | Description |
|---|---|---|
| __stripe_mid | This cookie is set by Stripe payment gateway. This cookie is used to enable payment on the website without storing any patment information on a server. | |
| __stripe_sid | This cookie is set by Stripe payment gateway. This cookie is used to enable payment on the website without storing any patment information on a server. | |
| _abck | This cookie is used to detect and defend when a client attempt to replay a cookie.This cookie manages the interaction with online bots and takes the appropriate actions. | |
| _wpfuuid | This cookie is used by the WPForms WordPress plugin. The cookie is used to allows the paid version of the plugin to connect entries by the same user and is used for some additional features like the Form Abandonment addon. | |
| ASP.NET_SessionId | Issued by Microsoft's ASP.NET Application, this cookie stores session data during a user's website visit. | |
| AWSALBCORS | This cookie is managed by Amazon Web Services and is used for load balancing. | |
| bm_sz | This cookie is set by the provider Akamai Bot Manager. This cookie is used to manage the interaction with the online bots. It also helps in fraud preventions | |
| cookielawinfo-checbox-analytics | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". | |
| cookielawinfo-checbox-functional | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". | |
| cookielawinfo-checbox-others | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. | |
| cookielawinfo-checkbox-necessary | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". | |
| cookielawinfo-checkbox-performance | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". | |
| elementor | This cookie is used by the website's WordPress theme. It allows the website owner to implement or change the website's content in real-time. | |
| JSESSIONID | Used by sites written in JSP. General purpose platform session cookies that are used to maintain users' state across page requests. | |
| viewed_cookie_policy | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |
| Cookie | Duration | Description |
|---|---|---|
| _ga | The _ga cookie, installed by Google Analytics, calculates visitor, session and campaign data and also keeps track of site usage for the site's analytics report. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors. | |
| _ga_4L7PKQPHHV | This cookie is installed by Google Analytics. | |
| _ga_T50H0MNN9J | This cookie is installed by Google Analytics. | |
| _gat_gtag_UA_12289088_5 | Set by Google to distinguish users. | |
| _gcl_au | Provided by Google Tag Manager to experiment advertisement efficiency of websites using their services. | |
| _gid | Installed by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously. |
| Cookie | Duration | Description |
|---|---|---|
| test_cookie | The test_cookie is set by doubleclick.net and is used to determine if the user's browser supports cookies. |
| Cookie | Duration | Description |
|---|---|---|
| _mcid | No description available. | |
| _swa_u | This cookie is set by the provider Sitewit.com. This cookie is used for statistical report and analysis. | |
| ak_bmsc | No description available. | |
| AWSALB | AWSALB is a cookie generated by the Application load balancer in the Amazon Web Services. It works slightly different from AWSELB. | |
| ec_store_chameleon_font | No description available. | |
| FCCDCF | No description available. | |
| issuem_lp | No description available. | |
| lp_us_his | No description | |
| m | No description available. |