The EU Council adopted today a new law on cybersecurity requirements for products with digital elements with a view to ensuring that products, such as connected home cameras, fridges, TVs, and toys, are safe before they are placed on the market (cyber resilience act).
In the first quarter of 2024, the EU economy greenhouse gas emissions were estimated at 894 million tonnes of CO2-equivalents (CO2-eq), a 4.0% decrease compared with the same quarter of 2023 (931 million tonnes of CO2-eq).
The regulation sets binding targets to restore degraded ecosystems, particularly those with the most potential to capture and store carbon and to prevent and reduce the impact of natural disasters. The Regulation on Nature Restoration (Nature Restoration Law) will enter into force on Sunday 18 August 2024.
The report clarifies that the Venezuela’s National Electoral Council (CNE) postponed and subsequently cancelled three key post-electoral audits. It concludes that “the results management process of the CNE fell short of the basic transparency and integrity measures that are essential to holding credible elections”.
Today, the European Commission has published its annual report on the application of the Charter of Fundamental Rights of the EU. This year’s report focuses on how the Charter is enforced through EU funding directed towards promoting, protecting and enforcing fundamental rights across the EU.
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.
At the EU-Egypt Investment Conference, co-organised by the EU and the Government of Egypt on 29-30 June, the EU and Egypt are teaming up to intensify private sector investments in Egypt. They are also signing a Memorandum of Understanding (MoU) for the disbursement to Egypt of up to €1 billion in Macro-Financial Assistance.
“A major risk we see is big tech players leveraging their market power across different markets within their ecosystem. Concentration is especially high at the top of the value chain, where large foundation models are trained to be used in various applications” – EVP Vestager.
This IMF paper shows how cryptocurrency markets can fuel cross-border capital flight by serving as marketplaces that match counterparts with and without (illicit) access to FX.
France must face up finally to its fiscal failings – and can no longer rely on German indulgence.
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 Executive Board of the International Monetary Fund (IMF) concluded the fifth review under the Extended Credit Facility (ECF) and Extended Fund Facility (EFF) , and the first review under the Resilience and Sustainability Facility (RSF) , for the Republic of Moldova.
The new funding will support Ukraine’s macro-financial stability as it implements critical long-term structural reforms under the Ukraine Plan, Ukraine’s reform and growth plan for the next four years, which has been positively assessed by the EU Commission and the EU Council.
Norway’s Real GDP growth slowed notably in 2023, as tight financial conditions dampened private consumption and investment. The labor market has remained resilient, despite a slight increase in unemployment. Growth is anticipated to strengthen gradually starting later this year as private demand recovers, supported by higher real incomes.
The U.S. economy has proven itself to be robust, dynamic, and adaptable to changing global conditions. Activity and employment continue to exceed expectations (notably, relative to those at the time of the 2023 Article IV consultation) and the disinflation process has been considerably less costly than many had feared. Nonetheless, the fiscal deficit is too large, creating a sustained upward trajectory for the public debt-GDP ratio. The ongoing expansion of trade restrictions and insufficient progress in addressing the vulnerabilities highlighted by the 2023 bank failures both pose important downside risks.
Ukraine’s performance remains strong under the EFF despite challenging conditions. All quantitative performance criteria for end-March were met, and all structural benchmarks through end-June were implemented on time or with a short delay.
The EU Council adopted today a new law on cybersecurity requirements for products with digital elements with a view to ensuring that products, such as connected home cameras, fridges, TVs, and toys, are safe before they are placed on the market (cyber resilience act).
The “Cyber Solidarity Act” adopted on Thursday aims to build a more resilient, collective EU response against cybercrime. This legislative proposal seeks to bolster the European Union’s ability to detect, prepare for, and respond to cybersecurity threats and incidents.
The European Union (EU) and China held their 24th Summit in Beijing on 7 December 2023. President of the European Council, Charles Michel, and President of the European Commission, Ursula von der Leyen, met with China’s President, Xi Jinping, followed by an exchange with China’s Premier, Li Qiang. Read how both sides perveived the meeting.
The EU Council agreed its position (general approach) on a regulation on measures to reduce the cost of deployment of gigabit electronic communications networks (Gigabit Infrastructure Act). It also took stock of the progress in discussions on a regulation laying down measures to strengthen solidarity and capacities in the EU to detect, prepare for and respond to cybersecurity threats and incidents (Cyber Solidarity Act).
The Commission has approved, under EU State aid rules, an Important Project of Common European Interest (‘IPCEI’) to support research, development and first industrial deployment of advanced cloud and edge computing technologies across multiple providers in Europe.
Negotiators of the Legal Affairs Committee struck a deal with EU governments on Tuesday on the update of the regulation and a directive ensuring accessible and affordable design protection in the EU. This legislative package aims to prepare EU design protection scheme for the emergence of new digital technologies such as 3D printing, also supported by artificial intelligence.
The Council addressed a number of files which all share the objective of tightening judicial cooperation between EU countries. EU Ministers also exchanged views on the functioning of the European Public Prosecutors Office (EPPO). The justice ministers also approved a Council position and findings on the application of the General Data Protection Regulation (GDPR). This Council position will feed into a Commission report, planned in 2024, on the evaluation of the GDPR.
The EU Council presidency and the European Parliament’s negotiators have reached a provisional agreement on the proposed legislation regarding cybersecurity requirements for products with digital elements, which aims to ensure that products such as connected home cameras, fridges, TVs and toys are safe before they are placed on the market (cyber resilience act).
The European Health Data Space shall give citizens the right to access prescriptions, imagery and lab tests across borders. Aggregated health data can be shared for research purposes e.g. into cancer and rare diseases. But strong privacy safeguards must govern how and why sensitive data is shared.
The European Commission has informed Amazon of its preliminary view that its proposed acquisition of iRobot may restrict competition in the market for robot vacuum cleaners (‘RVCs’).
EU URBAN AGENDA: Gijón Declaration: Housing for all in sustainable, healthy, and inclusive built environments +++ The Urban Agenda for the EU, a roadmap for developing the full potential of cities +++ Access to housing and sustainability of construction are the focus of the informal ministerial meeting on housing and urban development +++ REGIOSTARS: EU Commissioner Elisa Ferreira awards the 2023 REGIOSTARS Prizes for ground-breaking EU-funded projects under Cohesion Policy +++ EU Regions Week Report: rural regeneration and talent growth through digital connectivity +++ European Commission reveals finalists of the Access City Award 2024.
The EU Council adopted today a new law on cybersecurity requirements for products with digital elements with a view to ensuring that products, such as connected home cameras, fridges, TVs, and toys, are safe before they are placed on the market (cyber resilience act).
The EU-Ukraine Defence Industries Forum is a first, concrete step in the implementation of the European Defence Industrial Strategy (EDIS), launched in March 2024. The Forum opens the way to identify concrete cooperation initiatives, arrangements and flagship projects between the EU and Ukraine defence industries.
“China has delivered to Ukraine many shipments of humanitarian aids, and sent its special representative many times to mediate among the countries concerned. The longer the Ukraine crisis drags on, the greater harm it will do to Europe and the world. China hopes that peace and stability will return to Europe at an early date. We stand ready to work with France and the whole international community to find a reasonable way out of the crisis” – Chinese President Xi Jinping.
The Foreign Affairs Council, in its development configuration, will start on Tuesday at 09:00 with a discussion on Ukraine and the Ukraine Plan, followed by an exchange of views on Palestine. During a working lunch ministers will talk about EU engagement in fragile contexts.
“We just established a new Ukraine Assistance Fund – with an envelope of €5 billion within the European Peace Facility. Once EU Member States have agreed on using the revenues stemming from Russia’s immobilised assets, these resources will be channelled towards Ukraine, to address their pressing military needs and directly to the Ukrainian defence industry.” – EU High Representative Josep Borrell.
29 Apr. 2024 English French Russian Ukrainian Secretary General Jens Stoltenberg visited Kyiv on Monday
International Atomic Energy Agency (IAEA) experts reported hearing over 100 rounds of gunfire in the vicinity of the Ukraine’s Zaporizhzhya Nuclear Power Plant (ZNPP) on Tuesday, allegedly in response to drones flying near the plant’s training centre.
On the occasion of World Press Freedom Day today, the Commission reiterates its commitment to support media freedom and pluralism, in the EU and beyond.
The European Union and its Member States, together with international partners, strongly condemn the malicious cyber campaign conducted by the Russia-controlled Advanced Persistent Threat Actor 28 (APT28) against Germany and Czechia.
Leading a delegation of over 70 business representatives from the agri-food sector, the largest in his tenure, Commissioner Wojciechowski said that the size of the entourage “shows how important China is as our trade partner”.
The National Security Council of Israel recommends that Israelis due to arrive in the city reconsider the necessity of the trip. The travel warning is for the period of the Eurovision and is subject to an assessment of the situation.
Three years after the adoption of the European Child Guarantee by the Council of the European Union in June 2021, experts reviewed the progress made so far in its implementation.
Every day, journalists and media workers exercise their freedom of expression, often at great personal risk. Independent, fact-based journalism helps protect our democracies by exposing injustices, holding leaders to account and allowing citizens to make informed decisions. This document is available Arabic, Russian, and Chinese.
On Thursday and Friday, EU Climate Commissioner Wopke Hoekstra will participate in the Pre-COP29 meeting in Baku, Azerbaijan. With just a month to go until the COP29 UN Climate Change Conference (11 – 22 November), this meeting is a key opportunity for ministers from across the globe to come together ahead of the formal UN climate negotiations.
“Africa’s significant but largely untapped clean energy potential needs massive investments. We will work to accelerate investments in clean energy sources to ensure an inclusive transition which supports energy security, recognizing that a substantial proportion of people in Africa still lack reliable access to electricity and clean cooking.”
The EU Council has adopted its negotiating mandate on the detergents regulation that aims to simplify the current rules for the sale and free movement of detergents in the EU. The revised regulation updates the requirements and labelling of these products to make them safer and adapted to bulk sales. It also introduces digital labelling and product passports.
The EU Council adopted its mandate for the forthcoming negotiations with the European Parliament on the so-called ‘one substance one assessment’ (OSOA) package. The aim is to improve the assessment and strengthen knowledge of chemicals across the EU.
Saudi Arabia’s unprecedented economic transformation is progressing well. Prudent macroeconomic policies, transformative changes—including through fiscal reforms and in the regulatory business environment—and strong domestic demand have helped prop up non-oil growth.
As part of growing interest from non-traditional audiences about the potential of expanding nuclear energy to meet climate goals, the Director General travelled to Zurich on Tuesday to address the Nuclear Pools’ Forum.
The International Atomic Energy Agency (IAEA) rotated its teams at Ukraine’s Zaporizhzhya Nuclear Power Plant (ZNPP). Since the Agency established a continued presence at the site in September 2022, 20 teams of experts have crossed the frontline of the conflict in Ukraine to reach the plant.
The World Day to Combat Desertification and Drought underlines the urgent need to halt land degradation through global cooperation and innovative solutions – such as those offered by nuclear science.
“This event has been a landmark. Bringing together, for the first time, the three sea-basin strategies and the four macro-regional strategies. Bringing together our synergies, and common interests. Through these strategies we promote coordination, and cooperation across borders, where action at national level is simply not enough” – EU Commissioner Ferreira.
The guide elaborates 12 key principles for biodiversity and environmental protection and contains real-life case studies as well as concrete steps for developers to follow when siting, planning, building, operating and decommissioning renewables or grid projects.
Three reports published by EFPIA show that disparities in the time it takes for European patients to access new medicines persist. Across the region, the average time to patient access is 531 days. Ranging from 126 days in Germany to 804 days in neighbouring Poland.
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