Topic: European Union
Meta’s Threads App
Meta, formerly known as Facebook, has recently developed a new app called Threads to compete with Twitter. However, the launch of the app in the European Union (EU)...
Repeat Offenders: Coal Power Plants Top the EU Emitters List
The European Union Emissions Trading System (EU ETS) plays a crucial role in monitoring greenhouse gas pollution and addressing climate challenges. Global Energy think tank Ember recently released...
Regulation of Big Tech
The world of Big Tech has been under increasing regulatory scrutiny due to concerns surrounding privacy violations, data protection, abuse of market dominance, and geopolitical issues. Several major...
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...
India- EU Trade and Technology Council – Current Updates (May, 2023)
The India-EU Trade and Technology Council (TTC) is set to hold its first Ministerial meeting in Brussels on 16 May. Co-Chairs and Launch of TTC The Ministerial meeting... 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...
EU’s Fit for 55 Package
The EU has introduced a comprehensive climate action plan called the Fit for 55 package to minimize greenhouse gas emissions that plays a major role in the global...
EU’s Markets in Crypto Act
The European Union’s legislature has granted final approval to the Markets in Crypto Assets (MiCA) regulations, which are the new common rules for the crypto space in Europe....
EDPB’s ChatGPT Task Force
The European Data Protection Board (EDPB) has formed a task force to address concerns related to OpenAI’s ChatGPT chatbot. This move comes after the Italian government banned the...
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...
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)...
