Anniversary of EU Data Protection Rules

The controversial General Data Protection Regulation celebrates today (25th May) its first year of entry into application.  To mark the occasion, Andrus Ansip, Vice-President for the Digital Single Market and Věra Jourová, Commissioner for Justice, Consumers and Gender Equality, issued a statement. Andrus Ansip said, “25 May marks the anniversary of Europe’s new data protection rules, the…

Fighting Climate Change with the Bio-economy

The bioeconomy is a crucial factor in fighting climate change, responding to the growing food demand and boosting rural areas. In its opinion on the adopted at its plenary session, the EESC calls for better support for SMEs in the form of advice and access to finance.  Public-private cooperation should be promoted and supported through…

Magnus Hall New President of Eurelectric

Magnus Hall, President and CEO of the Swedish-based electricity company, Vattenfall, has taken over the Presidency of Eurelectric. The priorities of his two-year mandate will be to continue the efforts of the electricity industry in becoming carbon-neutral by 2045 and leading a timely energy transition. Under his Presidency, Eurelectric will call on new EU policymakers to enable widespread electrification, while ensuring a…

Building a Capital Markets Union

The European Commission has said that it welcomes the European Parliament’s final votes on legislation putting in place the building blocks of a Capital Markets Union (CMU). It said the adoption of a substantial number of proposals constitutes another step forward in the completion of the CMU, one of the Juncker Commission’s top political priorities. The Capital…

As EU-Azerbaijan Partnership Strengthens, survey shows strong support for Aliyev’s policies 

Survey shows strong support for Aliyev’s policies

More than 90 percent of the text of the new EU-Azerbaijan trade and political agreement deal is already agreed, it has been revealed. The news, which emerged from this week’s Azerbaijan-EU Cooperation Council in Brussels, coincides with publication of a new survey by a French pollster showing that over 85% of those polled appraised  Azerbaijani…

Russia’s role in tax avoidance, tax evasion and money laundering

Russia's role in tax avoidance

“Abolish Golden Visa schemes, step up the fight against money laundering, collaborate more closely to fight tax avoidance and tax fraud and update tax regimes to the age of digitalisation. These are the main conclusions the EPP Group draws from the work of the Special Committee on Financial Crimes, Tax Evasion and Tax Avoidance”, according…

European Investment Bank Celebrates its 60th Anniversary

President Werner Hoyer

In the year of its 60th anniversary, the EU bank supported EUR 230 billion of investment, meeting its Juncker Plan targets ahead of schedule and successfully navigating a politically difficult environment. Shifting its focus from Europe’s economic recovery to competitiveness, the European Investment Bank (EIB) Group zoomed in on market gaps identified by its experts, so…

Impact of Cities and Regions on Social and Economic Well-Being of European Citizens

Impact of Cities and Regions on Social and Economic

The French press has suggested  that the  anti-government protests of yellow vest protestors in France started  initially as a protest against a rise in taxes on diesel.  However,  some violent groups and far-right groups  infiltrated this grass-root citizens’ movement and  many small business owners have suffered losses during the riots, writes Hande Bozatli. Could this kind of restlessness in…

Power to Gas

Power to Gas

“Power to Gas” uses renewable or low-carbon electricity to make hydrogen. The electrolysis of water to produce hydrogen and oxygen has existed almost since the “discovery” of electricity, writes Mike Parr. Until the 1950/1960s electrolysis was the key method used to produce hydrogen which is an important feedstock for the production of chemicals such as…