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EU Commission scrutinises nine big tech platforms over targeted ads and generative AI

The European Commission requested information from nine big tech platforms on their use of targeted ads and generative artificial intelligence (AI) to gauge compliance with the Digital Services Act

The lawsuit will be heard by the Court of Justice of the European Union (CJEU) and will set a precedent regarding the conditionality of withholding funds to protect the rule of law and fundamental rights in EU countries.

EU’s democratic oversight under scrutiny as Parliament files landmark suit against Commission over Hungary

By: EBR | Friday, March 15, 2024

The European Parliament President, Roberta Metsola, confirmed that she had instructed the Parliament’s legal services to file a lawsuit against the European Commission over its decision to unfreeze €10.2 billion in funds for Hungary

What is often forgotten today is how critical Napoleon, as a civic reformer, was de facto for the modernization of the two nations’ administrative and economic structures.

Scholz and Macron: The Battle of the Two (Mini-) Napoleons

By: EBR | Thursday, March 14, 2024

At a time when Europe’s economy is reeling and the EU’s strategic heft is rather deplorable, Olaf Scholz, the German Chancellor, and Emmanuel Macron, the French President, should be intensely focused on collaborating

The move is part of a package of measures – to be presented on Friday – designed to meet protesting farmers’ demand to alleviate the administrative burden of the EU’s Common Agricultural Policy (CAP).

European Commission launches first measure to cut red tape for farmers

By: EBR | Wednesday, March 13, 2024

The EU executive published a delegated regulation to allow more flexibility to member states when applying one of the ‘good agricultural and environmental conditions’ (GAECs), the environmental requisites to receive EU subsidies

A window of opportunity has opened for Montenegro. There’s no time to squander it.

Montenegro’s Window of Opportunity

By: EBR | Tuesday, March 12, 2024

The new government’s pledge to align with EU standards makes Montenegro the likely next addition to the bloc

“Soldiers from NATO countries are already in Ukraine, and I would like to thank the ambassadors of those countries that took such a risk,” Sikorski said on Friday. He did not name the countries that have sent troops to Ukraine, saying they “know best” which countries he was talking about.

Polish FM acknowledges NATO presence in Ukraine, Kremlin responds

By: EBR | Tuesday, March 12, 2024

After the Polish foreign minister stated that NATO forces are present in Ukraine, the Kremlin responded by stating it would be ‘pointless’ to deny the fact

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France and Germany had many things in common over the years when the notion of the “Franco-German engine of the EU” was widespread.

How broken is the Franco-German engine?

By: EBR | Friday, March 8, 2024

Relations between France and Germany have entered an ice age under President Emmanuel Macron and Chancellor Olaf Scholz

Italy is currently the only G7 nation without any operating nuclear power stations, as it shut down its last one of a previous total of four in 1990 following a referendum on banning nuclear power.

Italy presses ahead with nuclear as energy transition tool after 30-plus-year hiatus

By: EBR | Thursday, March 7, 2024

The Italian Chamber of Deputies will launch a major inquiry into how nuclear energy could help Italy reach its energy transition goals, a significant step as the country remains the only G7 nation not operating nuclear power stations

Centre-right leaders are not worried about political backlash and have confirmed their intentions to cosy up with ECR, with Ursula von der Leyen stating that some conservative delegations could join EPP.

EU centre-right plots post-election alliances left and right

By: EBR | Wednesday, March 6, 2024

A balance of power shift after the European Parliament elections will give the centre-right EPP the upper hand, allowing them to bend the left while also reaching out to the right in a delicate balancing act

"Poland is certainly back. But political trends are not necessarily conducive to Warsaw taking on a stronger leadership role."

Is Poland Back?

By: EBR | Tuesday, March 5, 2024

Donald Tusk’s government is trying to restore Poland’s rule of law while reclaiming the country’s role as a major EU player

Some of the protesters’ demands are the same all across Europe. Most of them relate to specific needs.

Farmers protests lead to concessions almost everywhere

By: EBR | Monday, March 4, 2024

Since the start of 2024, farmers have been demonstrating in almost every European country, winning concessions from national governments and opening the debate on measures at the EU level

The Code of Conduct for EU Commissioners states: ‘All options, including alternative time tables, should be carefully considered so that the aircraft is considered only as a last resort’.

President von der Leyen: big user of private planes

By: N. Peter Kramer | Friday, March 1, 2024

EU Commission President Ursula von der Leyen flew 23 times on a private plane last year

With Ukrainian forces short of ammunition and forced to retreat in some areas, Kyiv’s ability to repel Russia’s invasion depends heavily on Western military, financial, and political backing.

Toward a Ukraine settlement?

By: EBR | Friday, March 1, 2024

Is public opinion in EU countries pushing toward a settlement in Ukraine?

More specifically, the Commission has room for “improving the evidence trail of the assessment process by documenting better how the Commission decides which inputs to rely on and which issues to report on, and how it assesses the seriousness of those issues,” the report reads.

EU Commission’s rule of law reporting lacks transparency, auditors say

By: EBR | Thursday, February 29, 2024

While EU auditors found that the European Commission ’s annual rule of law reporting lacks transparency and accountability, EU lawmakers have voiced concerns about its susceptibility to political influence

Although Macron clarified already on Monday, following a gathering of European leaders in Paris, that there was ‘no consensus’ on the matter, his words stood in stark contrast to the Western European ‘red line’ when it came to putting boots on the ground in Ukraine.

EU capitals pour cold water on Macron’s ‘Western troops in Ukraine’ remarks

By: EBR | Wednesday, February 28, 2024

Several EU capitals, including Berlin, Warsaw, and Madrid, dismissed remarks by French President Emmanuel Macron, who had suggested that a future deployment of Western troops in Ukraine should not be ultimately “ruled out”

So much so that the next European Parliament probably can’t be counted on to support some of the EU’s key ambitions. But disparaging populist policies as morally distasteful and unworkable clearly hasn’t worked, so it’s time to re-examine the reasons for their success and fashion a Europe-wide response to it.

Defeating populism: First, admit there are reasons for its success

By: EBR | Tuesday, February 27, 2024

There’s no denying that populist parties are popular with more and more voters

The speeches of German Chancellor Olaf Scholz and Ukrainian President Volodymyr Zelensky—and the distance between them—reflected the general mood.

The Slippery Slope of Speculating on Ukraine

By: EBR | Friday, February 23, 2024

Compared to 2023, the atmosphere at this year’s Munich Security Conference was much more somber

We should not repeat that error: US LNG is essential now for Western security for decades to come, and our leaders must say so and not stay quiet just for an easier life. Complacency today will preface crises tomorrow.

US ‘pause’ on new LNG exports undermines the energy security of its European allies

By: EBR | Friday, February 23, 2024

The US administration’s decision to suspend the granting of permits for new liquefied natural gas (LNG) export terminals will have major consequences for the energy security of the EU

“As real-economy investments reached €407 billion in 2022, this leaves a European climate investment deficit of €406 billion per year, or 2.6% GDP,” the report states, adding that investments “must still double for the EU to hit 2030 climate targets”. Frederic Simon has the details.

Climate investment gap looms over next EU mandate

By: EBR | Wednesday, February 21, 2024

If the EU’s 2030 climate goals are to be met, an annual investment gap of €406 billion must be filled, according to new research

Le Maire said there would be €5 billion in operating expenses cuts for all ministries and another €5 billion in public policies, notably €1 billion in public aid for development, and €1 billion on residential building renovation subsidies.

France announces €10bn cut in public spending as growth outlook darkens

By: EBR | Tuesday, February 20, 2024

French Finance Minister Bruno Le Maire said the government had lowered its forecast for 2024 GDP growth to 1% from 1.4% as war in Ukraine and Gaza and a slowdown at top trading partners Germany and China darkened the outlook

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EU Actually

EU-China trade slips with 27%!

N. Peter KramerBy: N. Peter Kramer

Eurostat, the EU official statistic office, found that the EU’s trade deficit with China slid 27% in 2023, to €291 billion down from €397 billion in 2022

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Europe

EU Commission scrutinises nine big tech platforms over targeted ads and generative AI

EU Commission scrutinises nine big tech platforms over targeted ads and generative AI

The European Commission requested information from nine big tech platforms on their use of targeted ads and generative artificial intelligence (AI) to gauge compliance with the Digital Services Act

Business

Artificial intelligence and competitiveness in the retail sector

Artificial intelligence and competitiveness in the retail sector

The importance of AI and machine learning in the retail market is confirmed by the projected dramatic growth of AI services worldwide, which will skyrocket from $5 billion to $30 billion by 2030

MARKET INDICES

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