Page-2 of European Union (EU)
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 - 2024 • International / World Current Affairs
Digitization of Schengen Visa
The European Union member states’ ambassadors have approved a new proposal that aims to digitise the visa application process. This move will replace the current ‘Schengen’ sticker with a digital barcode to streamline the process and reduce visa processing delays ..
Month: Current Affairs – April, 2023
Category: International / World Current Affairs
NZIA and CRMA
The European Union (EU) has recently announced two major pieces of legislation that are part of its Green Deal Industrial Plan – the Net Zero Industry Act (NZIA) and Critical Raw Materials Act (CRMA). The aim of these measures is ..
Month: Current Affairs - March, 2023
Category: Environment Current Affairs • International / World Current Affairs
India and Egypt declare Strategic Partnership
The Egyptian President Sisi is the Chief Guest of the 2023 Republic Day celebrations of India. During his visit, he met PM Modi, and the leaders discussed on boosting the business ties between the countries. With the trade between the ..
Month: Current Affairs - January, 2023
Category: Economy & Banking Current Affairs - 2024 • International / World Current Affairs
Carbon Border Adjustment Mechanism
The European Union (EU) member states and parliamentarians announced a landmark reform within the bloc’s carbon market on December 18, 2022. This reform serves as the central plank in the EU’s ambitions to reduce carbon emissions and invest in climate-friendly ..
Month: Current Affairs - December, 2022
Category: Environment Current Affairs