European Union (EU)
European Peace Facility
Recently, the European Council adopted a significant assistance measure under the European Peace Facility (EPF). With a worth of €20 million, this initiative aims to provide vital support to the 31st Rapid Reaction Brigade of the Armed Forces of the ..
Month: Current Affairs - July, 2023
Category: International / World Current Affairs
EU-U.S. Data Privacy Framework
The European Union has given its approval for a new data deal with the United States, marking an important milestone for tech giants like Facebook and Google. This decision comes after three years of uncertainty caused by the invalidation of ..
Month: Current Affairs - July, 2023
Category: International / World Current Affairs
DGCA-EASA MoU for Cooperation in Unmanned Aircraft Systems and Innovative Air Mobility
The Directorate General of Civil Aviation (DGCA) India and the European Union Aviation Safety Agency (EASA) have entered into a Memorandum of Understanding (MoU) to foster cooperation in the field of Unmanned Aircraft Systems (UAS) and Innovative Air Mobility. This ..
Month: Current Affairs - July, 2023
Category: International / World Current Affairs
EU to Strengthen Action Against Antimicrobial Resistance
The Council of the European Union recently adopted recommendations to combat antimicrobial resistance (AMR), a pressing global health issue. These recommendations, aimed at reducing the risk of microorganisms developing resistance to medical interventions, were part of a proposal submitted by ..
Month: Current Affairs - June, 2023
Category: International / World Current Affairs
EU Deal on Equitable Refugee Hosting
The European Union (EU) has achieved a significant breakthrough in its efforts to revise rules for the equitable sharing of hosting asylum seekers. The deal was reached on June 8, during a day of intense negotiations between EU interior ministers ..
Month: Current Affairs - June, 2023
Category: International / World Current Affairs
India-EU Global Gateway Conference
The Ministry of External Affairs, the EU Delegation to India, and the Asian Confluence have come together to organize the India-EU Connectivity Conference. This conference aims to explore opportunities for boosting connectivity investments in India’s North Eastern States and its ..
Month: Current Affairs - June, 2023
Category: International / World Current Affairs • Summits and Conferences
Spring 2023 Economic Forecast
The European Commission recently revised its growth outlook for the European continent for the years 2023-2024, demonstrating remarkable resilience in the face of various challenges. Despite an anticipated winter slump and a looming energy crisis resulting from Russia’s aggression against ..
Month: Current Affairs - May, 2023
Category: International / World Current Affairs
ESMA’s Derecognition of 6 Indian CCPs
European Securities and Markets Authority (ESMA), the European Union’s financial markets regulator and supervisor, has derecognized six Indian central counterparties (CCPs) from April 30, 2023, due to no cooperation arrangements between ESMA and Indian regulators. Derecognition of Indian CCPs EMIR ..
Month: Current Affairs - May, 2023
Category: Economy & Banking Current Affairs • International / World Current Affairs