The EU Council today established a new framework for restrictive measures in response to Russia’s destabilising actions in Europe and abroad. This new framework will allow the EU to target individuals and entities engaged in actions and policies by the government of the Russian Federation, undermining fundamental EU values, European security, independence, and integrity.
The three European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) today issued their Autumn 2024 Joint Committee Report on risks and vulnerabilities in the EU financial system. The ESAs warn national supervisors of the financial stability risks stemming from these uncertainties and call for continued vigilance from all financial market participants. For the first time, the Report also dives deep into credit risks in the financial sector.
Tax rulings: The EU Court of Justice sets aside the judgment of the EU General Court concerning tax rulings issued by Ireland in favour of Apple. The Court of Justice gives final judgment in the matter and confirms the European Commission’s 2016 decision: Ireland granted Apple unlawful aid which Ireland is required to recover.
The EU Court of Justice upholds the fine of €2.4 billion imposed on Google for abuse of its dominant position by favouring its own comparison shopping service. The appeal lodged by Google and Alphabet is dismissed.
The EU wants to showcase European digital solutions, healthcare and medical equipment, as well as green and low-carbon technologies in South Korea.
The European Commission has launched today a public consultation inviting all interested parties to comment on draft Guidelines on exclusionary abuses of dominance.
The European Banking Authority (EBA) and the European Central Bank (ECB) published today a joint Report on payment fraud data. The report assesses payment fraud reported by the industry across the European Economic Areas (EEA), which amounted to €4.3bn in 2022 and €2.0bn in the first half of 2023.
Almost 100 businesses in Armenia to benefit from operation, sustaining around 1,200 jobs. The partnership contributes to inclusive economic growth with 20% to be allocated to women-led businesses.
Kazakhstan was the first in the region to sign a Memorandum of Understanding with the European Union on Critical Raw Materials. And Critical Raw Materials will be something that will resonate in the future. Oil built the civilisation in which we are living, and raw materials will build the future civilisation.
The European Unionand the European Bank for Reconstruction and Development (EBRD) signed an agreement on a new facility providing equity investments for the exploration for critical and strategic raw materials, aiming to mobilise around €100 million in investments. These raw materials are essential for the EU’s digital and green transitions.
The transaction relates primarily to the sector of real estate and securities in Sweden. The EU Commission concluded that the notified transaction would not raise competition concerns, given that Sinoma has negligible activities in the European Economic Area.
The transaction relates primarily to the manufacturing and supply of parts and accessories for motor vehicles, namely automotive textiles and interior fabrics.
The European Commission has unconditionally approved the proposed acquisition of Juniper Networks, Inc. (‘Juniper’) by Hewlett Packard Enterprise Company (‘HPE’). The Commission concluded that the transaction would raise no competition concerns in the European Economic Area (‘EEA’).
The call provides mobility grants to artists and cultural professionals in various fields such as architecture, cultural heritage, design, fashion, literature, music, performing arts, and visual arts. Artists and cultural professionals living with disability are particularly encouraged to apply and will be eligible to receive disability support.
Chinese President Xi Jinping met with Italian Prime Minister Giorgia Meloni in Beijing on Monday. Noting that China and Italy are at the two ends of the ancient Silk Road, Xi said the exchanges between the two countries have made significant contributions to the overall exchanges and mutual learning between Eastern and Western civilizations, and to the progress of humanity.
The European Commission has approved under the EU Merger Regulation the creation of a joint venture by TotalEnergies SE, based in France, and OQ SAOC, based in Oman. The transaction mainly concerns the development, construction and operation of a liquefied natural gas bunkering project in Oman.
Ireland’s decision to opt-in demonstrates the country’s dedication to shared European values and its willingness to contribute to improved migration management across the EU.
The EU wants to showcase European digital solutions, healthcare and medical equipment, as well as green and low-carbon technologies in South Korea.
The regulation of digital platforms and the role of the global community are at the forefront of the discussion. Representatives from the United Nations Educational, Scientific and Cultural Organization (UNESCO) and the United Nations (UN) express their support and hope for a healthy Internet.
Fiber Connect Council MENA and the FTTH Council Europe have inked a significant agreement aimed at fostering collaboration and synergy between the two organizations.
A public statement by the user of a social network about his or her sexual orientation renders those data ‘manifestly public’, without, however, permitting their processing for the purposes of personalised advertising.
Combating criminal offences and interference with fundamental rights: A national public authority responsible for combating online counterfeiting may access identification data on the basis of an IP address.
A new Federal Register notice seeks public feedback on how the proliferation of AI could affect USPTO evaluations on patentability, including what qualifies as prior art and the assessment of the level of ordinary skills in the art.
The EU Commission launched the first-stage consultation of European social partners to gather their views on the possible direction of EU action on ensuring fair telework and the right to disconnect.
The tools will allow interested parties to provide, without fear of reprisal, information enabling them to identify and uncover harmful practices of very large online platforms (VLOP) or search engines (VLOSE) designated within the framework of the DSA, or any violation of the obligations incumbent on access controllers under the DMA.
The partners welcomed the successful implementation of their Digital Partnership and took stock of the progress achieved in 2023. They agreed on a list of new deliverables to further cooperate on core digital technologies.
The suspected infringements cover Meta’s policies and practices relating to deceptive advertising and political content on its services. They also concern the non-availability of an effective third-party real-time civic discourse and election-monitoring tool ahead of the elections to the European Parliament.
In the context of criminal proceedings in Germany concerning illegal drug trafficking involving the use of the encrypted telecommunications service EncroChat, the Court of Justice clarifies certain conditions for the transmission and use of evidence under the Directive regarding the European Investigation Order (EIO) in criminal matters.
The EU Council today established a new framework for restrictive measures in response to Russia’s destabilising actions in Europe and abroad. This new framework will allow the EU to target individuals and entities engaged in actions and policies by the government of the Russian Federation, undermining fundamental EU values, European security, independence, and integrity.
Zum Abschluss der 16. Deutsch-Polnischen Regierungskonsultationen in Warschau hat Bundeskanzler Scholz die Bedeutung der Beziehungen Deutschlands zu Polen unterstrichen. Ein gemeinsamer Aktionsplan soll die Zusammenarbeit intensivieren.
Today, the European Union Drugs Agency (EUDA) officially starts work in Lisbon replacing the European Monitoring Centre for Drugs and Drug Addiction (EMCDDA).
An operation in five countries led to the dismantling of an organised crime group (OCG) active across Europe. Investigations ongoing since 2021 revealed that the group trafficking was cannabis and cocaine across several EU and non-EU countries.
EU statement on behalf by H.E. Ms. Hedda Samson, Ambassador and Deputy Head of the EU Delegation to the UN, at 78th Session of the UN General Assembly: Responsibility to Protect and the Prevention of genocide, war crimes, ethnic cleansing and crimes against humanity.
The EMCDDA will become the European Union Drugs Agency (EUDA) on 2 July 2024, the day on which the regulation enters into application.
The EU Council decided on Friday to list six individuals and three entities responsible for participating in the financing of Hamas and the Palestinian Islamic Jihad (PIJ) or enabling their violent actions.
The EU Council today adopted restrictive measures targeting the Belarusian economy, in view of the regime’s involvement in Russia’s illegal, unprovoked and unjustified war of aggression against Ukraine.
The European Union condemns in the strongest terms the announcement by Israeli Finance Minister Bezalel Smotrich that five Israeli outposts are to be legalised in the occupied Palestinian territory: “This is another deliberate attempt at undermining peace efforts”.
The EU Council today decided to impose restrictive measures against two individuals and four entities responsible for actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine.
The International Atomic Energy Agency (IAEA) has been informed by the Zaporizhzhya Nuclear Power Plant (ZNPP) that an external radiation monitoring station was destroyed by shelling and fire this week.
The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) announced a proposed rule to strengthen and modernize financial institutions’ anti-money laundering and countering the financing of terrorism (AML/CFT) programs.
Bundeskanzler Olaf Scholz äußert sich zuversichtlich, dass die Europäische Union für die kommende Legislaturperiode gut aufgestellt ist. Die Sicherheitsvereinbarung zwischen der EU und der Ukraine sei außerdem ein Zeichen der Ermutigung für die Ukrainerinnen und Ukrainer.
The EU wants to showcase European digital solutions, healthcare and medical equipment, as well as green and low-carbon technologies in South Korea.
The EU Commission has approved, under EU State aid rules, a €2 billion Dutch measure to support the PALLAS project aimed at producing medical radioisotopes for cancer diagnosis and treatment. The measure contributes to ensuring security of supply of essential and live-saving medicines in line with the Pharmaceutical Strategy for Europe.
The European Commission has approved a €1.2 billion Spanish scheme to support investments in the production of renewable hydrogen to foster the transition to a net-zero economy. The scheme was approved under the State aid Temporary Crisis and Transition Framework (‘TCTF’).
Each Transmission System Operator (TSO) calculates the difference between forecasted and actual electricity consumption or production for each Balance Responsible Party (BRP) in its area. By identifying these imbalances, BRPs can take actions to support the power grid’s balance, helping to maintain or restore the balance between electricity supply and demand.
ACER publishes today its report on the implementation of the Inter-Transmission System Operator Compensation Mechanism (ITC) for 2022. The ITC mechanism aims to ensure a fair compensation among Transmission System Operators (TSOs) for the costs of hosting cross-border electricity flows on their networks (e.g. power losses and investments in network infrastructure).
Following TEN-E Regulation 2022/869, Member States, the European Commission, national regulatory authorities and transmission system operators should collaborate with ENTSO-E on the development of Offshore Network Development Plans (ONDPs).
The European Union’s Electricity Market has long been a key component of Europe’s energy system – designed to ensure a reliable energy supply across the continent. However, the system is not without its challenges and criticisms. The past few weeks of French political chaos, in particular, has injected new rhetoric into the conversation.
Global coal demand is set to remain broadly unchanged in both 2024 and 2025 as surging electricity demand in some major economies offsets the impacts of a gradual recovery in hydropower and the rapid expansion of solar and wind, according to the IEA’s latest update on coal market trends worldwide.
Development finance institutions (DFIs) account for only around 1% of total financing for energy sector investment, but their importance goes well beyond this relatively small share.
The European Investment Bank (EIB) and Aeroportos de Portugal (ANA) have signed a €50 million contract on introducing low-carbon infrastructure at nine airports in mainland Portugal and the Portuguese islands.
Large-scale projects like ITER are pushing the boundaries of fusion as a viable energy source. Yet, ITER’s groundbreaking nature remains largely experimental. Its successor, DEMO (Demonstration power plant), is considered the ultimate stepping stone towards commercial fusion reactors.
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