MareNostrum 5, the latest world-class European supercomputer was inaugurated in Barcelona, Spain. Currently ranked as one of the 10 most powerful supercomputers in the world, it is hosted at the Barcelona Supercomputing Centre and will be accessible to a wide range of European scientific and industry users from March 2024. MareNostrum 5 has a peak performance of 314 […]
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EU prolongs tariff suspension for US products related to the steel and aluminium dispute
The European Union has announced its decision to extend until 31 March 2025 the suspension of its rebalancing tariffs on US products in the context of the steel and aluminium dispute. Initially implemented during the Trump Presidency, the EU rebalancing tariffs on US exports were a response to the US “Section 232” tariffs on steel […]
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EU to invest over EUR 65 million in clean technology projects
The Commission has today selected 17 small-scale innovative clean tech projects to receive over €65 million in project support under the EU Innovation Fund. These funds will help companies in Europe, including small businesses, to bring breakthrough technologies to the market in energy-intensive industries, renewable energy, and energy storage. The selected projects cover a wide range […]
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What makes “All I Want for Christmas is You” so popular after thirty years? CORDIS answers
Every year, the catchy tune with the opening bell chimes and tour-de-force delivery re-enters charts worldwide in the weeks before Christmas. Whether you’re indoors or outdoors, the enduring track is unavoidable during the holiday season. The music industry and mainstream media have covered the cultural impact and reasons for the timeless, classic quality of a […]
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EU companies doubled R&D investment growth in 2022
Europe’s industry significantly increased its investment in research and development in 2022, according to the 2023 edition of the EU Industrial Research & Development (R&D) Investment Scoreboard. EU private R&D investment growth has reached the highest rate since 2015 and more than doubled compared to 2021, with 13.6% increase in 2022. In comparison, China has decreased […]
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CORDIS: Decorating before Christmas makes us happier, say experts
Year after year, it feels as if Christmas comes earlier and earlier. Commercialisation is one answer. There’s another reason why people decorate earlier and tap into the excitement of the holidays before the rest of us. It has to do with a chemical reaction in our brains. Putting up the Christmas tree, and breaking out […]
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Council adopts a new Regulation and Directive to help digitize judicial systems
The Council paved the way for advancing the digitalisation of EU member states’ justice systems and for making them more accessible and effective. The adoption of a Regulation on the digitalisation of cross-border judicial cooperation and access to justice and of an accompanying Directive will facilitate electronic communication in the context of cross-border judicial cooperation […]
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EU will have first-ever law on artificial intelligence
Following 3-day ‘marathon’ talks, the Council presidency and the European Parliament’s negotiators have reached a provisional agreement on the proposal on harmonised rules on artificial intelligence (AI), the so-called artificial intelligence act. The draft regulation aims to ensure that AI systems placed on the European market and used in the EU are safe and respect fundamental rights and EU values. […]
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EU expenditure on R&D reaches €352 billion in 2022
In 2022, the EU spent €352 billion on research & development (R&D), 6.34% more than in the previous year (€331 billion) and 48.52% more than in 2012 (€237 billion). When looking at R&D intensity, i.e. R&D expenditure as a percentage of GDP, data show a slight decrease from 2.27% in 2021 to 2.22% in 2022. […]
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