EU’s stamp of approval for digital laws risks putting the UK behind July 7, 2022 The European Parliament gave the Digital Services Act (DSA) and the Digital Markets Act (DMA) the final green light this week, setting out key obligations on Big Tech.
Big Tech agrees to a big EU fake news crack down June 16, 2022 Meta, Google, Microsoft and Twitter have agreed to have a stronger approach to disinformation as the EU pushes forward with a fresh code of practice.
EU set to introduce quota for women on company boards to boost equality June 7, 2022 The EU is gearing up to approve a groundbreaking quota for women on company boards as the continent strives for greater equality at its top companies.
Brussels outlines plans to bolster EU powers to seize oligarchs’ assets May 26, 2022 The European Commission is set to bolster the powers it has to seize oligarchs’ assets, after the bloc faced troubles in actually confiscating property due to the safeguards embedded in EU countries’ laws. The EU’s executive body set out plans to boost the powers it has to take control of criminals’ assets, with a view [...]
Italy floats creation of new cartel to meet European interests May 12, 2022 Italian Prime Minister Mario Draghi has proposed the creation of a new cartel of oil consumers to make markets more favourable to Western buyers.
Musk to meet EU industry chief to discuss online safety and chip shortages May 9, 2022 Elon Musk will meet with EU industry chief Thierry Breton this evening to discuss policing of online content, as well as global chip shortages. Meeting in Texas, the two men come together just weeks after the Tesla founder pushed forward with his $44bn takeover of Twitter. Meanwhile, the EU has pushed forward with its new Digital [...]
Hungary and Slovakia could be spared from Russian oil import ban amid EU divisions May 2, 2022 The European Commission could spare Hungary and Slovakia from an upcoming embargo on buying Russian oil.
Euro zone inflation hits record 7.5 per cent as slowing growth puts pressure on ECB April 1, 2022 Inflation in the Euro zone soared to almost four times the European Central Bank’s target, registering at a record 7.5 per cent last month. European countries faced the prospect of slowing growth and rising costs, with the war in Ukraine continuing to put renewed pressure on gas and energy prices. The EU’s package of sanctions [...]
US and EU sign historic deal to supply Europe with gas – in bid to move away from Russian fuel March 25, 2022 The US and EU have announced a historic deal to supply to supply with Europe with 15bn cubic metres of liquefied natural gas (LNG) by the end of the year. The deal was announced today during US President Joe Biden’s visit to Brussels, on a mission to wean the continent off reliance on Russian fuel. [...]
EU nations reach agreement on carbon tax March 15, 2022 French President Emmanuel Macron has revealed that European Union (EU) member states have reached an agreement on a carbon tax.