With the vote of the EU Council, after the one of the European Parliament last March, the AI Act is now officially set to revolutionize the landscape of artificial intelligence regulation in EU, balancing technological advancement with ethical standards and public safety. This article answers common questions about why this regulation is crucial and what […]
The European Supervisory Authorities (EBA, EIOPA, and ESMA) have launched the EU Systemic Cyber Incident Coordination Framework (EU-SCICF) under the Digital Operational Resilience Act (DORA) to enhance the financial sector’s response to cyber incidents, improving coordination among EU financial authorities and international actors. by eEuropa Brussels, 22 July 2024 – 4 MINUTES READ On 19 […]
End of the Disposable Era: Today, the European Parliament confirmed the Directive mandating member states to enforce rights to repair reyond warranty, to ensure that consumers can have their products repaired instead of replaced, promoting sustainability and extending the life cycle of consumer goods. By eEuropa Brussels, 23 April 2024 – 5 MIN READING […]
On 7 December 2022, the Commission tabled two proposals to modify the current framework that applies to EU central clearing counterparties (CCPs) and… Excessive and concentrated exposures to third-country central counterparties
Gas and electricity prices have reached record levels in 2022 and hit all-time highs. Families and companies in EU are paying an extra cost for energy. After its defeat at the last EU Energy Council to limit the bills, the Commission proposed three new measures last 12 September. One to cut electricity consumption, another […]
You know that more than 3/4 of the EU population live in urban areas? And this figure is expected to rise to almost 85% by 2050. Being the urban areas with the highest concentration of population, they are also those which consume the largest volumes of energy and, consequently, have the highest levels of […]
EU decided to lead the global energy transition starting with € 1.1 billion through the EU Innovation Fund. EU confirmed it will heavily fund technologies to facilitate european energy transition and to enable european companies to make global progress. A strategy that will bear fruit by 2030 and will prepare the climate neutrality targets […]
There is a double urgency to transform Europe’s energy system: reducing EU dependance on fossil fuel imports and tackling the climate crisis. EU has important objectives on climate change and the current tensions on energy market suggest to accelerate measures on energy savings, diversification of suppliers, renewables and to replace fossil fuels consumption in industry […]
Although Russia’s invasion of Ukraine began on 24 February 2022, it was preceded by long and repetitive military build-ups at the border, as well as … Russia’s war on Ukraine: Military balance of power
As a system for standardised payment instructions and messaging services, SWIFT has become the basis for most global financial transactions. Russia’s war on Ukraine: Cutting certain Russian banks off from SWIFT
