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EU wants tighter scrutiny over foreign investments in key sectors

The EU's executive has ventured further into the realm of national security with new rules to oversee, examine and possibly prohibit foreign investments in strategic sectors, like AI, microchips and biotech.

24/01/2024

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Spain’s Nadia Calviño wins fight to head EU Investment Bank

The finance minister’s victory over Denmark’s Margrethe Vestager comes after months of wrangling

08/12/2023

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Who’s who in the race to head the European Investment Bank?

Five candidates have thrown their hats into the ring to be the next President of the European Investment Bank (EIB).

11/09/2023

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Brussels approves €8 billion in subsidies for EU-made microchips

The European Union is hoping to boost domestic production of semiconductors and capture 20% of the global market by 2030.

08/06/2023

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Brussels and Google pitch voluntary AI pact to fill legislative gap

EU legislators are currently negotiating the Artificial Intelligence Act, but the legislation could take up to three years to be fully applicable.

25/05/2023

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Brussels announces plans to defend itself from growing cyber threats

The proposals will cost €1.1 billion.

18/04/2023

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EU relaxes subsidy rules to prevent exodus of green tech companies

The new rules will make it easier for member states to inject subsidies into key green tech products such as solar panels, heat pumps and wind turbines.

09/03/2023

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EU presents new industrial plan to counter American green subsidies

The EU plan is a direct response to the $369-billion Inflation Reduction Act promoted by US President Joe Biden.

01/02/2023

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Retail giant Amazon agrees reforms to close two EU investigations

The US e-commerce giant will improve its data protection and treat independent sellers equally in its "buy box".

20/12/2022

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US and EU try to find common ground on trade and technology

The US administration and a delegation from the European Commission met near Washington DC on Monday to try to bring the world's two largest economies closer together on issues of trade and new technologies, but little concrete progress is expected.

05/12/2022

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Trade war over green subsidies looms large over EU-US tech summit

The EU is scrambling to counter billions of industrial subsidies under the Inflation Reduction Act promoted by President Joe Biden.

05/12/2022

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Brussels unveils emergency powers to keep goods moving during crises

The new system could ban member states from restricting the trade of critical goods and services when they are most needed.

19/09/2022

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EU court backs antitrust fine against Google

Last year, Google argued the EU’s decision was unfounded and that the bloc did not fine Apple, which gives preference to its own services such as Safari on iPhones.

14/09/2022

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What is the EU's new Digital Markets Act and how will it affect you?

Finally agreed on Thursday, the EU's new rules regulating Big Tech companies like Google, Meta, and Microsoft are tipped to set a global standard.

25/03/2022

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EU relaxes state aid rules for companies impacted by war in Ukraine

Brussels first relaxed its strict state aid rules to mitigate the economic impact of COVID-19. Now it's doing it again because of Russia's invasion of Ukraine.

23/03/2022

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How will Europe’s Data Act affect you and Big Tech?

Data disputes between the EU and the US tech giants have been growing since the Edward Snowden revelations of mass US surveillance in 2013.

23/02/2022

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Brussels wants to plough billions into making more microchips in EU

"Securing the supply in the most advanced chips has become an economic and geopolitical priority," said Thierry Breton, EU Commissioner for the internal market.

08/02/2022

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Will the EU regulate the metaverse? It's looking likely

"The metaverse is here already. So of course we start analysing what will be the role for a regulator," said the EU's Margrethe Vestager.

08/02/2022

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Brussels open to competition law exceptions for EU-made microchips

The European Commission has defended its longstanding rules and powers but opened the door for more flexibility in strategic areas.

18/11/2021

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Google loses appeal against €2.4bn EU fine over its shopping service

The European Commission argued Google had abused its dominant search engine to favour Google Shopping and squeeze out rival services.

10/11/2021