The European Central Bank (ECB) revealed a few days ago that the specific timeline for the creation of the digital euro is already underway, with its launch potentially occurring in 2029.
This was stated by Piero Cipollone, member of the Executive Board, who emphasized that the purpose is "to offer…
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European Commission
European Commission launches proposal to simplify cookie management
The European Commission's recent proposal regarding cookie management focuses on certain automatic settings, such as storing personalized consent in browser settings.
Within the framework of regulations to protect user privacy, the…
Shein under investigation by the European Commission for unfair commercial practices
The European Commission is investigating the Chinese online retail platform Shein for alleged violations of consumer protection regulations, unfair commercial practices, and distorted promotions.
This decision results from "an…
EU car manufacturers have until 2027 to meet CO2 reduction target
The proposal launched in March by European Commission President Ursula von der Leyen to extend the deadline for car manufacturers to meet their annual CO2 reduction target was recently accepted by the EU-27, which set the deadline for 2027.…
EU fined 15 major automakers for collusion in recycling of used units
A total of 15 automakers in Europe are subject to fines amounting to €458 million for collusion in recycling of used units.
There is talk of a cartel in which Stellantis, Mitsubishi, Ford, BMW, Hyundai/Kia, Jaguar Land Rover/Tata, Mazda,…
The European Commission to sanction Meta for non-compliance with the Digital Markets Law
The European Commission analyzes whether Meta fails to comply with the new Digital Markets Law in the region because the company requests payment from subscribers to not receive advertising and the non-tracking of their data.
Since last…
The European Union will allocate humanitarian aid to Latin America
The European Union announced this Wednesday that it will allocate 130 million euros for humanitarian aid to confront the migration crisis in several Latin American countries.
The European Commission (EC) will allocate European Union (EU)…
The European Commission asked to extend the reduction of gas consumption
The European Commission has asked European Union (EU) countries to extend for a further year the voluntary 15 % reduction in gas consumption agreed two years ago at the onset of the energy crisis. According to the institution in a…
Apple and Microsoft will not be subject to strict EU regulation
The European Commission has announced that iMessage, Apple's messaging service, and Bing, Microsoft's search engine, will not be subject to stricter regulation under digital platform regulations.
In addition, two additional Microsoft…
European Commission will intensify the fight against crimes due to hate messages on the Internet
Through a statement from the European Commission this Wednesday, the organization confirmed that it will intensify the fight against crimes that are committed by hate messages disseminated over the Internet.
The immediacy of the content…
The EU changed its expectations regarding GDP growth
In its autumn report, the European Commission cuts expectations for growth of the Gross Domestic Product (GDP) in the euro area for 2023, placing them at 0.6 %, marking a decrease of 0.2 percentage points compared to the summer forecasts.…
European Commission (EC) ready to present proposal on frozen Russian assets
In a statement issued this Thursday, the European spokesperson for Justice, Christian Wigand, announced that the European Commission (EC) is "prepared" to present a proposal related to the use of frozen Russian public assets in order to…