Month: August 2026

2026 eEuropa

EU Battery Subsidies: Lower Peak Costs, Greater Dependence?

Brussels-backed storage schemes could reduce electricity-price spikes and reliance on gas-fired generation—but may also deepen Europe’s dependence on imported batteries, components and raw materials. By Paolo Licandro – 3-minute read Brussels, 3 August 2026 Europe is directing billions of euros towards electricity-storage projects in an effort to integrate renewable generation, stabilise power grids and reduce […]

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2026 eEuropa

Five EU Countries Stay Outside the Euro, Keeping Currency and Borrowing Risks Alive

Map of the European Union showing euro-area countries in blue and five non-euro countries highlighted with their national flag colours.

Brussels, 2 August 2026 The next enlargement of the euro area is not yet in sight. The European Commission’s 2026 Convergence Report concludes that Czechia, Hungary, Poland, Romania and Sweden do not currently meet all the conditions required to adopt the single currency. The five countries present very different economic profiles. Czechia and Sweden already […]

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2026 eEuropa

EU Starts Enforcing the AI Act: Greater Trust, Higher Costs

European Commission begins enforcing the AI Act from 2 August 2026

EU Artificial Intelligence Act From 2 August 2026, the European Commission and national authorities will begin enforcing key provisions of the AI Act, including new transparency requirements for chatbots, deepfakes and AI-generated content. BRUSSELS – The European Union is moving from AI legislation to active enforcement. On 2 August 2026, the European Commission’s AI Office […]

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