BRUSSELS (AP) — In a series of reports, the European Union’s executive branch delivered positive news to Ukraine, Moldova, and Georgia regarding their aspirations to join the EU—prompting an appearance of slipping back in the queue for countries in the volatile Balkans region that have waited longer to become members of the world’s biggest trading …
“In the EU, we are only as strong as our weakest link.” These words were spoken by European Commissioner Mairead McGuinness, highlighting the importance of due diligence for EU firms when exporting outside of the trade bloc. McGuinness addressed concerns regarding the significant increase in Irish exports to countries with ties to Russia. A recent …
Expansion of the European Union: A Worthwhile Endeavor? In support of the stance taken by the Commission president, the Irish Independent emphasizes the need for new member states, regardless of their political leanings. However, this argument lacks a coherent foundation. Let’s consider a scenario where size and weight are supposed to matter. If we compare …
The possibility of Ukraine, currently facing Russian invaders, gaining full EU membership is becoming increasingly likely. This development comes four months after the invasion last year when EU leaders swiftly granted Ukraine and Moldova member candidate status, deviating from the bloc’s gradual approach to expansion. In her recent State of the Union address to MEPs, …
As antitrust regulators prepare to reveal a new list of targeted services, including Google Search, Apple’s App Store, Amazon.com’s marketplace, and Facebook by Meta Platforms, it is aimed at preventing dominant companies from damaging emerging markets before intervention is possible. The Digital Markets Act (DMA), set to take effect in early 2023, will impose strict …
In a suspenseful vote, the European Union’s parliament has approved a comprehensive plan to safeguard nature and combat climate change. This crucial vote had major implications for the bloc’s global environmental standing. Despite significant resistance, the legislature supported the general framework of the European Commission’s bill with a narrow vote of 324-312, with 12 abstentions. …
Rafael Henrique | Lightrocket | Getty Images European Union regulators have imposed a record €432 million ($476 million) fine on Illumina for completing its acquisition of cancer test developer Grail without obtaining regulatory approval. This fine represents 10% of San Diego-based Illumina’s turnover, the maximum allowed under EU merger rules. The fine levied on Illumina …
In a bold move, Chinese leader Xi Jinping has shown his unwavering support for Russian strongman Vladimir Putin, emphasizing his commitment to challenging Western power. The recent events in Russia, which saw a rebellion against Putin’s regime, highlight the risks Xi has taken by aligning himself with Moscow. Despite the potential ramifications of this alliance, …
Twitter has withdrawn from a voluntary agreement with the European Union to combat online disinformation, according to European Commissioner Thierry Breton. While other major social media platforms have pledged their support to the EU’s disinformation “code of practice,” Twitter has decided to opt out. However, Breton emphasized that Twitter still has an obligation to adhere …