Transatlantic News

Transatlantic News
05
May
The EDPS has issued five Opinions on the European Commission’s Recommendations to open negotiations for International Agreements on the exchange of personal data between Europol, the EU Agency for Law Enforcement, and the competent authorities of five Latin American countries: Ecuador, Brazil, Peru, Bolivia, and Mexico to fight serious crime and terrorism.
The EDPS Opinions aim to provide advice on further developing data protection safeguards in these future International Agreements so that individuals’ personal data is protected according to EU...
04
May
4 May 2023 |
The inflation outlook continues to be too high for too long. In light of the ongoing high inflation pressures, the Governing Council today decided to raise the three key ECB interest rates by 25 basis points. Overall, the incoming information broadly supports the assessment of the medium-term inflation outlook that the Governing Council formed at its previous meeting. Headline inflation has declined over recent months, but underlying price pressures remain strong. At the same time, the...
03
May
Brussels, 26 April 2023 |
Today, the European Defence Agency (EDA) and the Department of Defense of the United States of America (DoD) have formalised a framework for cooperation through the signing of an Administrative Arrangement (AA). The EDA-DoD AA provides for stronger transatlantic cooperation in defence in specific areas, including in the exchange of information.
The conclusion of this AA is a strong political signal, delivering on the tasking of EU and U.S. leaders in the June 2021 EU-US Summit...
02
May
Today, the Commission adopted the first designation decisions under the Digital Services Act (DSA), designating 17 Very Large Online Platforms (VLOPs) and 2 Very Large Online Search Engines (VLOSEs) that reach at least 45 million monthly active users. These are:
Very Large Online Platforms:
Alibaba AliExpress
Amazon Store
Apple AppStore
Booking.com
Facebook
Google Play
Google Maps
Google Shopping
Instagram
LinkedIn
Pinterest
Snapchat
TikTok
Twitter
Wikipedia
YouTube
Zalando
Very Large Online Search Engines:
Bing
Google Search
The platforms have been designated based on...
02
May
The finish line for US dollar (USD) LIBOR transition at end-June 2023 is now less than three months away. There has been significant progress made to date, and market participants must continue to act in order to ensure an orderly transition and to support the foundations necessary for a sustainable and stable financial system going forward. Given the limited time ahead, the FSB stresses that it is critical that market participants act expeditiously to ensure that their legacy contracts...
01
May
Textile products must last longer and be easier to reuse, repair and recycle
The destruction of unsold or returned textiles should be banned
Human, social and labour rights must be respected during production
Need for binding targets and measures addressing the entire lifecycle of textiles
Environment Committee MEPs adopted their recommendations today for EU measures to ensure that textiles are produced in a circular, sustainable and socially just way.
MEPs say textile products sold in the EU should be more...
28
Apr
Success will require tighter macroeconomic policies tailored to changing financial conditions, strong financial supervision and regulation, and bold supply-side reforms
Following a strong exit from the pandemic, Europe was hit hard by the economic impact of Russia’s invasion of Ukraine. Growth slowed drastically, inflation shot up, and episodes of financial stress materialized. But as a result of decisive policy action, most economies narrowly avoided a recession this winter. Europe now faces the difficult task of sustaining the recovery, defeating inflation,...
27
Apr
The president vows to make the European Economic and Social Committee a true civil society gateway and open its doors to the EU accession countries. In the run-up to the 2024 European elections, the Committee will take on a more active role to stand up for democracy and strive for a more resilient, prosperous and inclusive Europe.
The European Economic and Social Committee (EESC) has elected Austria's Oliver Röpke as the 34th president in its 65-year history. Former head of the Brussels...
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