Artificial intelligence and automated processes may involve certain risks for consumers that the European Parliament wants to address. Artificial Intelligence and its risks As learning algorithms can process data sets with precision and speed beyond human capacity, artificial intelligence (AI) applications have become increasingly common in finance, healthcare, education, the legal system and beyond. However, […]
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EIB Group support for projects in Slovakia stood at €251m in 2019
EIB lending was €204m and EIF guarantee commitments reached €47m In total, some 2 300 small businesses benefited from EIB Group operations supporting some 24 200 jobs in Slovakia in 2019 The European Investment Bank Group (EIB Group), comprising the European Investment Bank (EIB) and its subsidiary, the European Investment Fund (EIF), financed loans and guarantees in […]
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Meeting of the Economic and Financial Affairs Council, 18 February
Agenda highlights: EU list of non-cooperative jurisdictions The Council will adopt a revised list of non-cooperative jurisdictions for tax purposes in the framework of new conclusions on this matter. As part of the EU’s external strategy for taxation, the list contributes to ongoing efforts to prevent tax avoidance and promote tax good governance worldwide. Economic governance review The Commission will present […]
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59 arrests in Europe for fuel fraud
Law enforcement authorities from 23 EU Member States struck a blow at organised crime groups involved in fuel fraud by arresting 59 individuals in a year-long operation. The joint operation was supported by Europol as part of the European multidisciplinary platform against criminal threats (EMPACT). Including the arrests, the operation led to: 5.2 million litres of […]
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Council of the EU: Coming fortnight 10 – 23 February 2020
The European Council is the EU institution that defines the general political direction and priorities of the European Union. It consists of the heads of state or government of the member states, together with its President and the President of the Commission. Coming fortnight 10 – 23 February 2020 Employment, Social Policy, Health and Consumer Affairs […]
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The EU’s long-term budget
The EU’s long-term budget helps millions of students, thousands of researchers, cities, businesses, regions and NGOs. It contributes to healthier and safer food, new and better roads, railways and airports, a cleaner environment and better security at the EU’s external borders. The idea behind it is that pulling resources together makes Europe stronger and is […]
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The General Court erred in law by not correctly assessing the incompatibility of the simultaneous performance of academic and representative functions by the same person
In the judgment in Uniwersytet Wrocławski and Poland v REA (Joined Cases C-515/17 P and C-561/17 P), delivered on 4 February 2020, the Court of Justice, sitting as the Grand Chamber, set aside the order of the General Court 1 which had dismissed as manifestly inadmissible the action brought by the University of Wrocław against […]
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The EU: the largest producer of olive oil in the world
With 69% of world production, the EU is the largest manufacturer, exporter and consumer of olive oil in the world. However, due to its high economic value compared to other food products, olive oil is considered at high risk of non-compliances and fraud. For producing Member States, the EU framework for conformity checks effectively contributed to […]
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EU-Vietnam trade deal: interview with MEP Geert Bourgeois
Geert Bourgeois, the MEP in charge of steering the agreements through Parliament, explains the economic, social and environmental benefits. Overview of what changes the EU-Vietnam trade deal would bring about The aim is to eliminate 99% of tariffs within seven years. This should result in €15 billion a year in additional exports from Vietnam to […]
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