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 new data was recorded in 2022, using fuel consumption monitors installed on-board vehicles first registered in the EU in 2021 and 2022, and reported to the Commission in 2023. Compared to the previous publication, the data for cars now originates from a broader sample of 2.2 million vehicles registered in 2021 and 740 000 vehicles registered in 2022.
The updated EU Directive on industrial and livestock rearing emissions will enter into force on Sunday (4 August), revising the former Industrial Emissions Directive (IED).
Bunge and Viterra are both vertically integrated global agribusinesses, active in the origination, trading and processing of agricultural products, with significant overlaps in the sector of oilseeds.
EU Ministers are preparing the European Council on 17-18 October 2024. They are set to approve a declaration on fostering Jewish life and combating antisemitism. They will also take stock of relations between the EU and Switzerland. As part of the European Semester, the EU Council is approving country- specific recommendations and transmit them to the European Council. Finally, ministers will discuss EU-UK relations and the situation in Georgia.
The ESAs call for a coherent sustainable finance framework that caters for both the green transition and enhanced consumer protection, taking into account the lessons learned from the functioning of the SFDR.
Ministers exchanged views on the link between cohesion policy and the EU strategic agenda for 2024-2029, set to be adopted by the European Council at its meeting on 27 and 28 June 2024.
The granting of refugee status in a Member State precludes the extradition of the person concerned to his or her country of origin. As long as the authority that granted that status has not revoked or withdrawn it, the person concerned cannot be extradited, regardless of the underlying reasons for the extradition request.
In its judgment, the EU Court finds that Member States are not required to recognise automatically decisions granting refugee status adopted by another Member State. However, Member States are free to do so. Germany did not exercise that option.
“We’re talking about €33 trillion. Not an insignificant sum, but perhaps hard to conceptualise because it is so significant. And I think if we can effectively mobilise these savings on our capital markets, we can unlock a significant source of investment capital” – EU Commissioner McGuinness.
Although the financial sector continues to be resilient, continued monitoring of macro-financial vulnerabilities and spillovers is warranted. Structural policies should focus on boosting investment and productivity, meeting new challenges from Russia’s war in Ukraine and ongoing multiple transitions, while continuing to ensure social support and policy predictability.
The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of euNetworks Group Limited (‘euNetworks’) of the UK by APG Asset Management N.V. (‘APG AM’) of the Netherlands and Stonepeak Partners LP (‘Stonepeak’) of the US.
The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control of VeloBank S.A. of Poland by funds and accounts managed by Cerberus Capital Management, L.P. and its affiliates (‘Cerberus’) of the US.
On the back of high domestic and external demand, GDP growth remained strong by historical standards at 8.7 percent in 2023 and is expected to moderate to a more sustainable level of around 6 percent in 2024.
EP President Metsola emphasised the strongest commitment of the Parliament to ensuring the smooth running of the process leading to the election of the next Commission President.
Following the European Parliament elections, EU leaders will discuss the next institutional cycle. The European Council is central in designating the next high-profile EU-level roles, namely: electing the President of the European Council, nominating the President of the European Commission, and appointing the High Representative for Foreign Affairs and Security Policy.
A presentation by Tobias Adrian, IMF Financial Counsellor and Director of the Monetary and Capital Markets Department at the Bank of Thailand Annual Retreat.
The EU Council has adopted the two legislative acts under the design package: the revised directive on the legal protection of designs and the amended regulation on community designs. The texts adopted today update the current design legislation to improve the protection of industrial designs in the era of digital designs and 3D printing.
New artificial intelligence (AI) solutions will accelerate industrial decarbonisation across the country, with nearly £4 million in government funding for green innovations. Artificial intelligence (AI) is set to transform the way industries cut their carbon emissions thanks to a multi-million-pound government investment announced today (Tuesday 15 August).
Graphene nanoribbons have outstanding properties that can be precisely controlled. Researchers from Empa and ETH Zurich, in collaboration with partners from Peking University, the University of Warwick and the Max Planck Institute for Polymer Research, have succeeded in attaching electrodes to individual atomically precise nanoribbons, paving the way for precise characterization of the fascinating ribbons and their possible use in quantum technology.
EU-US TTC enhances emerging technologies, sustainable trade, and economic security +++ EU-US Trade and Technology Council: simpler rules for more trade in veterinary products +++ Joint Statement EU-US Trade and Technology Council of 31 May 2023 in Lulea, Sweden +++ Bernd Lange on Trade and Tech Council: “Good to continue our engagement, but missed opportunities are disappointing” +++ EU – CELAC: Joint Declaration on a Digital Alliance +++ EUROPEAN CHIPS ACT: EU Council gives its final approval +++ # EUROPEAN A.I. ACT: Open Dialogue between the European Commission and the European AI, Data and Robotics Community on Future Research Trends in AI and Large AI Models.
ITU: Upcoming ITU events on Smart Sustainable Cities and metaverse +++DUT: Boosting local and regional cooperation for a clean energy transition and improved energy security +++ SMART SPECIALISATION PLATFORM: Connecting Regional Innovation Valleys through Circular Industries +++ SMART MOBILITY: Speakers announced for Urban Mobility Days 2023
Today, President Joe Biden signed an “Executive Order on Addressing United States Investments In Certain National Security Technologies And Products In Countries Of Concern” that authorizes the Secretary of the Treasury to regulate certain U.S. investments into countries of concern in entities engaged in activities involving sensitive technologies critical to national security in three sectors: semiconductors and microelectronics, quantum information technologies, and artificial intelligence.
Move over crypto. Europe has moved one step closer to a digital euro. The European Commission has unveiled a legal framework that paves the way for the introduction of an electronic currency across the 20 member states that use the euro.
The motorway tax ticket for the calendar year 2023 can now be purchased electronically at www.e-vignette.ch using the Via portal of the Federal Office for Customs and Border Security (FOCBS). Sales have started well but the FOCBS has already received requests for refunds for e-vignettes purchased in error. By law, there is no provision for refunds of the e-vignette. However, the FOCBS is making an exception during the first week since its introduction.
In today’s data-driven world, organizations face the challenge of efficiently integrating and making sense of vast amounts of diverse data. Semantics and semantic interoperability provide a solution by enabling the meaningful interpretation and integration of data across heterogeneous systems. To address this critical need and promote cooperation in the field of electronic business, experts from across the globe recently gathered to delve into the importance, expected advantages, and obstacles related to semantics and semantic interoperability.
Deepfakes are synthetic media that have been manipulated to falsely portray individuals saying or doing things they never actually did. Deepfakes can be used to spread misinformation, damage reputations and even influence elections. There is currently no global regulatory framework to govern the use of deepfakes.
Today, the Commission is launching a consultation on a draft template for the description of consumer profiling techniques, which gatekeepers apply to their core platform services. Gatekeepers are obliged to submit the description to the Commission as part of their obligations under the Digital Markets Act (DMA). All interested parties have six weeks to submit on EUSurvey their views on the draft, i.e. until 15 September 2023.
EU Ministers are preparing the European Council on 17-18 October 2024. They are set to approve a declaration on fostering Jewish life and combating antisemitism. They will also take stock of relations between the EU and Switzerland. As part of the European Semester, the EU Council is approving country- specific recommendations and transmit them to the European Council. Finally, ministers will discuss EU-UK relations and the situation in Georgia.
The European Union and the United States support a stable, peaceful, secure, democratic, and prosperous future for Armenia and the region. They envisage a stronger cooperation.
The EU, the United States, and other Minerals Security Partnership (MSP) partners, joined by Kazakhstan, Namibia, Ukraine, and Uzbekistan, announced the launch of a Minerals Security Partnership Forum.
The European Commission takes note of Israeli Prime Minister Netanyahu’s announcement to open further humanitarian aid access points into Gaza.
There has been a buildup of global economic pressure through extensive non-market policies and practices. This accentuates excessive and possibly high-risk dependencies of strategic supplies, tilts the level playing field, and poses a threat to our economic security, our prosperity, and the well-being of our firms, workers, and citizens.
The analysis of 821 criminal networks has resulted in the development of an ABCD framework pinpointing their main characteristics. Europol’s new report delves into the characteristics of the criminal networks that pose the highest threat.
As set out in the October 2023 Roadmap to fight drug trafficking and organised crime, mapping high-risk criminal networks is key to dismantling them. This report follows up on the actions set out in the roadmap and is a key deliverable under the EU Strategy to tackle Organised Crime 2021-2025.
The TTC is a vehicle for the EU and the US to discuss and coordinate approaches to key trade and technology issues in a context of increasing geopolitical challenges. The meeting will focus on emerging technologies, artificial intelligence, semiconductors, 6G and on standardisation, online platforms and secure connectivity.
The Citizens’ Panel will identify possible policy actions, as well as all relevant players that should be involved at the various levels such as decision-makers, civil society, the private sector, and citizens.
Thursday marked 75 years since NATO’s founding. Secretary General Jens Stoltenberg welcomed the landmark, saying: “Since 1949, we have been the strongest and most successful Alliance in history.”
The EU Council adopted two assistance measures under the European Peace Facility (EPF) in support of the Armed Forces of the Republic of Moldova and the Ghana Armed Forces, with the objective of enhancing national security, stability and resilience in the defence sector.
In talks with EU member states, MEPs have secured key improvements to a new support facility for the Western Balkans, focusing on transparency, rule of law, and economic integration.
The law is connected with the Law of Ukraine on lobbying as the fourth and last additional step defined by the European Commission in the Enlargement Package in November 2023. It was a precondition for the adoption of the negotiating framework by the EU side in March 2024.
The EU’s product liability regime was established in 1985. Its purpose was to compensate injured persons for physical injury or damages of property that they have suffered due to a defective product, simply by proving that a product was defective and that the defect caused the injury or damage.
The transaction relates primarily to the market for high-pressure gas transmission pipelines in Germany.
Das Bundeskabinett hat heute das Wasserstoffbeschleunigungsgesetz beschlossen und schafft damit die rechtlichen Rahmenbedingungen für den schnellen Auf- und Ausbau der Infrastruktur für Erzeugung, Speicherung und Import von Wasserstoff.
Bundesminister Habeck sieht die Entscheidung für Carbon Capture & Storage (CCS) als “Richtungsentscheidung für die Industrie in Deutschland”. Bundesverband der Industrie lobt “sehr wichtigen Schritt in die richtige Richtung”. Weitere Details und Reaktionen.
EU Ministers will, among other issues, discuss the future of REPowerEU, the EU’s plan to phase out dependency on Russian fossil fuels as soon as possible. Ministers will focus on obstacles encountered and on additional initiatives that should be launched to support the EU and its member states in their efforts to phase out the dependency.
Flexibility in the electricity system is an essential tool to achieve the energy transition, ensure security of supply and to optimize the operation of the electricity system while bringing down electricity prices and strengthening Europe competitiveness.
IPCEI Med4Cure concerns research and development projects covering all key steps of the pharmaceutical value chain from collection and study of cells, tissues and other samples, to sustainable production technologies of breakthrough therapies, including personalised treatments, and to application of advanced digital technologies.
The European Commission has approved, under EU State aid rules, a fourth Important Project of Common European Interest (‘IPCEI’) to support research, innovation and the first industrial deployment in the hydrogen value chain.
The European Investment Bank and ETRA have signed an agreement concerning €100 million of investment in improving recycling facilities and integrated water services in the Veneto region.
The partnership seeks to enable the EU to diversify its supplies of materials necessary for the green and digital transitions, whilst contributing to the development of Australia’s domestic critical minerals sector.
ACER published today a consultancy study on the expected social welfare benefits of implementing co-optimisation in the day-ahead coupling algorithm as compared to the current electricity market design.
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