The Commission has proposed an annual EU budget of nearly €200 billion for 2025, reinforced by €72 billion raised under the post-COVID recovery plan, NextGenerationEU. This budget is intended to finance EU priorities and address current and future challenges. The Commission’s proposal will be discussed and adopted by the European Parliament and the Council of […]
Meta Platforms, the parent company of Facebook, is on the verge of receiving its first antitrust fine from the European Union. The impending sanction follows accusations by the European Commission that Meta unfairly bundled its classified advertisement service, Facebook Marketplace, with its dominant social network, Facebook, thereby gaining an undue competitive edge. In addition to […]
The European Parliament has passed a landmark nature restoration law aiming to revive degraded habitats and ecosystems by 2050. It mandates improving 30% of habitats by 2030, with increasing targets for subsequent decades, focusing on agricultural and non-agricultural ecosystems alike. The law includes provisions for biodiversity enhancement, peatland restoration, and an “emergency brake” for food […]
Revolution in Online Commerce: EU’s new liability laws make online sellers and importers accountable for their products. EU Council and European Parliament reached an agreement on a Commission’s proposal ffor a Directive on liability for defective products. The EU’s product liability regime is established to compensate individuals for physical injuries or property damages resulting from defective […]
The European Parliament today adopted a new European Regulation aimed at addressing the growing problem of packaging waste across Europe. The position voted on today sets ambitious targets for reducing packaging waste, including specific goals to reduce plastic packaging by 20% by 2040, but softens the rules to exclude some lightweight packaging from bans. The […]
EU Ministers have agreed to launch European cybersecurity certifications for services aimed at citizens, businesses and public authorities, helping the expanding european market by adopting European standards. This move, involving an amendment to the EU Cybersecurity Act, aims to bolster network and information system resilience across the EU. The initiative sets stringent requirements for essential […]
The new European Wind Power Action Plan asks to increase wind energy capacity from 204 GW in 2022 to over 500 GW by 2030, aligning with the EU’s target of at least 42.5% renewables. The focus is not just on energy transformation but also on strengthening the wind industry’s health and competitiveness. The action plan […]
European manufacturers face heightened concerns as a new wave of regulations from Brussels adds to the industry’s mounting challenges. This sector, already grappling with the aftermath of stringent Euro standards, has endured a pandemic that slashed car sales in half and reshaped workplace dynamics. It has also been buffeted by the conflict in Ukraine, which […]
The EU Council has articulated its vision for safeguarding fundamental rights in the digital world. Challenges such as disinformation, often referred to as ‘fake news,’ hate speech, hate crimes, cyber violence, and the rapid growth of artificial intelligence have become major concerns for European legislators. By Lisa Dress Brussels, 2 November 2023 In the […]
On 1st and 2nd November 2023, in a landmark gathering at Bletchley Park, leaders from around the world, spanning nations, businesses, civil society, and AI experts, assembled for the inaugural Global AI Safety Summit. This two-day event provided a crucial platform to explore the global trajectory of artificial intelligence (AI) while highlighting the mounting concerns […]
