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).
For several years, supervisors have been working towards addressing structural deficiencies in banks’ credit risk management frameworks. The ongoing market downturn for commercial real estate (CRE) warrants particular attention. The ECB Banking Supervision describes why.
In recent years, space has solidified its position as a critical strategic domain, gaining unprecedented political and military importance. Against this backdrop, Sweden’s evolving space strategy presents a unique opportunity to enhance its influence within both NATO and the EU, and to foster closer cooperation between these two pivotal institutions.
“Clean energy investments in traditional energy communities have doubled in the past two years. And federal dollars are directly flowing into communities through the grant side of the law. $118 billion of the grants, loans, and rebates in the law are considered covered programs under President Biden’s Justice40 Initiative” – John Podesta, U.S. President Biden’s Senior Advisor for International Climate Policy.
The EU Commission has approved the acquisition of sole control of Gasib Sociedad Ibérica de Gas Licuado of Spain and Gasib Sociedade Ibérica de Gàs Liquefeito of Portugal by Abastible of Chile. The transaction relates primarily to the supply and distribution of liquified petroleum gas in Spain and Portugal.
The EU Commission concluded that the planned concentration would not raise competition concerns, given that the companies are not present on the same or vertically linked markets.
The EU Commission concluded that the notified transaction would not raise competition concerns, given that the joint venture will have no activities in the European Economic Area.
The EU Commission has published the 2024 edition of the Science, Research and Innovation (R&I) Performance report (SRIP). Over the past two decades, there has been an increase in EU investments in R&I which has contributed to the EU’s competitiveness in green tech especially, and to the overall high quality of EU research.
The following remarks were recorded during Viktor Orbán’s doorstep at the European Council. The transcription was done by Word, the translation by ChatGPT.
German Chancellor Olaf Scholz gave an introductory statement upon his arrival at the European Council in Brussels.
The EU Parliament has gathered a selection reflecting MEPs’ priorities for topics on the summit agenda. European Parliament President Roberta Metsola will represent the European Parliament at the summit, where she will address the heads of state or government.
„Wir haben klare Prioritäten: Sicherheit, Zusammenhalt und Wachstum“ – sagte Bundeskanzler Olaf Scholz in seiner Regierungserklärung über den Haushalt 2025. Außerdem ging er auf die europäischen und internationalen Herausforderungen ein.
Bundeskanzler Olaf Scholz gab auf dem “Tag der Industrie” in Berlin einen systematischen Überblick über die Reformen seiner Koalitionsregierung und deren Auswirkungen auf dei deutsche und europäische Wettbewerbsfähigkeit.
A pregnant worker must be afforded a reasonable time limit in order to be able to bring an action against her dismissal. A two-week time limit for making a request for leave to intervene appears to be insufficient.
The Court of Justice rules on the existence of agreements, decisions and concerted practices and of abuse of a dominant position on the perindopril market. It examines the patent dispute settlement agreements concluded by the Servier group with manufacturers of generic medicines.
The new legislative framework marks a significant step forward in the EU’s fight against financial crime, with a harmonised and single AML/CFT rulebook, and the establishment of AMLA, a dedicated EU anti-money laundering authority.
The meeting took stock of Montenegro’s progress on the rule of law chapters – Chapter 23 on Judiciary and Fundamental Rights, and Chapter 24 on Justice, Freedom and Security – and provided guidance on the work ahead.
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 Council and the European Parliament today reached a deal on the proposed regulation establishing a framework to ensure a secure and sustainable supply of critical raw materials, better known as the Critical Raw Materials Act. The agreement is provisional, pending formal adoption in both institutions.
The European Commission has formally sent Meta and Snap requests for information under the Digital Services Act (DSA). The Commission is requesting the companies to provide more information on the measures they have taken to comply with their obligations related to the protection of minors.
With the approval of the European digital identity regulation, the EU is taking a fundamental step so that citizens can have a unique and secure European digital identity. This is a key advance for the European Union to be a global reference in the digital field, protecting our democratic rights and values.
Ransomware, a malicious form of malware, encrypts files on devices, rendering them and their systems unusable. Malicious actors demand a ransom for decryption, and they have evolved to employ “double extortion” tactics, exfiltrating victim data and threatening to release it. This dual threat severely impacts organizations, hindering their access to essential data and incurring significant economic and reputational costs.
At the request of the Swiss authorities, Eurojust has coordinated several actions against an online fraud network in EU Member States, Georgia and Ukraine. This has led to searches and the freezing of bank accounts in over 20 countries.
On Monday evening, EU co-legislators reached a provisional deal on new rules to make election and referenda campaigns more transparent and resistant to interference. The new rules will regulate political advertisements, notably online ads, while also providing for a framework for political actors to advertise more easily across the EU.
UK AI SAFETY SUMMIT: Prime Minister’s speech at the AI Safety Summit: 2 November 2023 +++ Chair’s Summary of the AI Safety Summit 2023, Bletchley Park +++ Remarks of President von der Leyen at the Bletchley Park AI Safety Summit +++ At UK’s AI Summit, Guterres says risks outweigh rewards without global oversight +++ Remarks by Vice President Harris on the UK Future of Artificial Intelligence Summit in London +++ G7 Leaders’ Statement on the Hiroshima AI Process
The EU and U.S. are welcoming input on the 65 key AI terms essential to understanding risk-based approaches to AI, along with their interpretations and shared definitions that were released as part of the Fourth TTC Ministerial in May 2023. Comments on the completeness, relevance and correctness of the definitions are particularly encouraged.
The speed and reach of today’s AI technology are unprecedented. The paradox is that in the future, it will never move as slowly as today. The gap between AI and its governance is wide and growing. AI-associated risks are many and varied. Like AI itself, they are still emerging, and they demand new solutions. But let’s be clear: they do not demand new principles.
The Spanish presidency of the Council aims to make further progress in achieving a European policy in the field of space and to specify and strengthen the role of the European Union as a benchmark in the space industry.
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).
“‘Europe’ was much more than a geography, ‘Europe’ is an idea, is a dream, a journey, a beacon of hope” – European Council President Charles Michel.
This decision follows an assessment by the EU Commission concluding that there is insufficient cooperation by Ethiopia in the field of readmission of its nationals illegally staying in the EU.
EUAM Iraq was launched in October 2017 in response to a request by the Iraqi government for advice on how to undertake civilian security sector reform. The mission had an initial mandate of one year which was extended three times, following the assessment of Iraqi needs.
The regulation which was adopted today sustains a derogation from data protection rules in the electronic communications sector which allows providers of so-called number-independent interpersonal communications services to detect online child sexual abuse on their services, to report and to remove it.
The U.S. Department of Commerce’s Bureau of Industry and Security (BIS) released an interim final rule (IFR) amending the Department’s licensing policy for exports of firearms, ammunition, and related components under its jurisdiction.
HR Borrell participate in a panel discussion at the World Economic Forum Stakeholder dialogue North to South, East to West: Rebuilding Trust. EU Commissioner Simson takes part in a panel discussion at the World Economic Forum’s Special Meeting on Global Collaboration, Growth and Energy for Development.
In light of the continued deterioration of the severe humanitarian crisis in Gaza, and the steady rise of needs on the ground, the Commission is stepping up its funding to support Palestinians affected by the ongoing war.
NATO Secretary General Jens Stoltenberg met with Chancellor Olaf Scholz in Berlin on Friday (26 April 2024), thanking him for Germany’s leading role in NATO and its support to Ukraine. “Germany makes major contributions to our shared security,” said Mr Stoltenberg.
Experts of the International Atomic Energy Agency (IAEA) have continued to hear military activity in the region where Ukraine’s Zaporizhzhya Nuclear Power Plant (ZNPP) is located, but there have been no reports of new drone attacks on the site over the past week.
EU HR Borrell on freezing Russia’s assets: “We introduced rules for Central Securities Depositories, that generate these revenues, to keep them aside, to identify them, and account for them separately. These revenues are now on separate accrual accounts. We expect this mechanism could provide approximately €3 billion annually.”
As Artificial intelligence (AI), which is being integrated into our daily lives at an overwhelming pace, can influence everything – from personal data security to national defence strategies – the issue of cybersecurity is becoming increasingly critical.
New European anti-money-laundering rules will change the EU’s financial crime prevention landscape for good. But what will change in practice?
The EU Commission has approved the acquisition of sole control of Gasib Sociedad Ibérica de Gas Licuado of Spain and Gasib Sociedade Ibérica de Gàs Liquefeito of Portugal by Abastible of Chile. The transaction relates primarily to the supply and distribution of liquified petroleum gas in Spain and Portugal.
Citizen science – the general public engagement in scientific research activities – contributes to a vibrant civil society and is getting increasingly popular with Europeans.
The European Commission has launched two consultations to assess the effectiveness and efficiency of past and current funding programmes for fisheries and maritime activities.
Dolphins are considered a “sentinel species” for oceans and human health because, like us, they are high up in the food chain, live long lives, and share certain physiological traits with humans. Some staples of their diet, such as spot, croaker, weakfish and other small fish, are most vulnerable to mercury pollution and are also eaten by people.
The decision is based on a scientific assessment from the European Food Safety Authority (EFSA), which concluded that BPA had “potential harmful effects on the immune system”.
The EU Commission’s Health Emergency Preparedness and Response Authority (HERA) has signed a joint procurement framework contract for the supply of up to 665,000 pre-pandemic vaccine doses of the up-to-date Zoonotic Influenza Vaccine Seqirus.
The European Network of Transmission System Operators for Gas (ENTSOG) also registers a rise in the number of Transmissions System Operators applying a 100% discount for storage entries and exits as well as a rise in optional discounts for entries from Liquefied Natural Gas (LNG) facilities.
The European Commission has informed Czechia that measures appointing EKO-KOM as the only company authorised for the collection and recovery of packaging waste for over two decades may be in breach of the EU competition rules.
Latest European figures show an upward trend in the number of cases of dengue imported from dengue-endemic regions, as well as an increasing number of local outbreaks of West Nile virus infections and dengue within the EU and the European Economic Area (EEA), the European Centre for Disease Prevention and Control (ECDC) reports.
Potent synthetic substances, new drug mixtures and changing patterns of use pose a growing threat in Europe. These are among the issues raised today by the European Monitoring Centre for Drugs and Drug Addiction (EMCDDA) as it launches its European Drug Report 2024: Trends and Developments.
As Europe strives to implement the European Green Deal while making sure that industry remains competitive on the global stage, this year the theme of the conference will be ‘Net-Zero competitiveness driving the EU energy transition’.
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