Annual increase in labour costs at 3.4% in euro area

​In the fourth quarter of 2023 the hourly labour costs rose by 3.4% in the euro area and by 4.0% in the EU, compared with the same quarter of the previous year. These figures are published by Eurostat, the statistical office of the European Union.Hourly wage costs across countries In the fourth quarter of 2023 compared with the same quarter of the previous year, the...

First green light to new bill on firms’ impact on human rights and environment

​On Tuesday, (19/03/2024), the Legal Affairs Committee approved a bill, agreed with EU governments, requiring firms to mitigate their negative impact on human rights and the environment. MEPs on the Legal Affairs Committee adopted with 20 votes for, 4 against and no abstentions new, so-called “due diligence” rules, obliging firms to alleviate the adverse impact their activities have on human rights and the environment, including...

New cyber resilience standards to protect all digital products in the EU from cyber threats.

Resilience Act: MEPs adopt plans to boost security of digital products. New technologies come with new risks, and the impact of cyber-attacks through digital products has increased dramatically in recent years. Consumers have fallen victim to security flaws linked to digital products such as baby monitors, robot-vacuum cleaners, Wi-Fi routers and alarm systems. For businesses, the importance of ensuring that digital products in the supply...

More action needed to tackle disinformation and enhance transparency of online platforms ...

04/03/2024 - As roughly half the world's population prepares to vote in elections, a new OECD report offers the first baseline assessment of how OECD countries are upgrading their governance measures to support an environment where reliable information can thrive, prioritising freedom of expression and human rights, and sets out a policy framework for countries to address the global challenge of disinformation. Facts not fakes:...

FacilitatIng border management and strengthen security : spotlight on the Advance Passenger Information (API)

​Over a billion passengers enter, leave or travel within the EU every year. The increase in the volume of travel showed the need to harmonise the way API data is collected and shared throughout the EU. The new rules will make the data available more efficiently for border and law enforcement authorities, in full respect of EU data protection standards. It will strengthen the prevention,...

EU adopts 13th package of individual and economic sanctions against Russia

​The Council adopted on 23 februari 2024 in view of the second year mark of the beginning of Russia’s full-scale invasion of Ukraine - a thirteenth package of restrictive measures against Putin’s regime, those who are responsible for perpetuating his illegal, unprovoked and unjustified war of aggression and those who are significantly supporting it.​ Which measures are now included in this new package ?...

Greenwashing: how EU firms can validate their green claims ?

The Internal Market and Environment committees adopted on Wednesday their position on the rules on how firms can validate their environmental marketing claims.In a few words The so-called green claims directive complements the already-approved EU ban on greenwashing. It defines what kind of information companies have to provide to justify their environmental marketing claims in the future. It also creates a framework and deadlines for...

Deal on EU economic governance reform

AI Ethics: 8 global tech companies commit to apply to UNESCO’s Recommendation

Deal on strengthening consumers’ right to repair

EU negotiators reached a provisional deal on a bill that aims to reduce waste and bolster the repair sector by making product repairs more accessible and cost-effective. Parliament and Council reached a political agreement on a stronger “right to repair” for consumers. The agreed rules clarify the obligations for manufacturers and encourage consumers to extend a product’s lifecycle through repairBackground The agreement on the right...

Action to ensure complete and timely transposition of EU directives

The Commission is adopting a package of infringement decisions due to the absence of communication by Member States of measures taken to transpose EU directives into national law. The Commission is sending a letter of formal notice to those Member States who have failed to notify national measures transposing directives, whose transposition deadline expired recently. This reflects a standard policy by the Commission...

Fundamental rights report finds threats to key freedoms, equality and dignity

> Key issues include media freedom, corruption, and individual liberties> EU needs to safeguard rights of women, children, LGBTIQ+, other vulnerable persons> Specific recommendations for Hungary, Poland, Greece, Cyprus, and Spain MEPs looked into the state of citizens’ rights in the EU in 2022 and 2023, identifying an array of concerns across the member states. The report on the state of fundamental rights in the...

OECD headline inflation declines slightly to 5.4% in November 2023

Year-on-year inflation in the OECD, as measured by the Consumer Price Index (CPI), decreased for the third consecutive month, from 5.6% in October to 5.4% in November 2023 (Figures 1 and 2). Declines in inflation between October and November 2023 were recorded in 28 OECD countries, the same number as between September and October. However, the fall in headline inflation was less pronounced than in...

Provisional deal to further cut fluorinated gases emissions, in line with EU and global climate goals.

Deal reached on reducing fluorinated gas emissions in the EU> Total phase-out of hydrofluorocarbons by 2050> Accelerate the move towards climate-friendly solutions> Fluorinated gases are used in appliances such as refrigerators, air-conditioning, heat pumps, fire protection On Thursday, 16 january 2024, Parliament and Council reached a provisional deal to further cut fluorinated gases emissions, in line with EU and global climate goals. At Parliament’s request,...

EU personal data flows : 11 more third countries and territories admitted

Commission finds that EU personal data flows can continue with 11 third countries and territories. This 15 january. 2024, the European Commission successfully concluded its review of 11 existing adequacy decisions. These decisions had been adopted under the EU data protection legislation that preceded the General Data Protection Regulation (GDPR). The adequacy decisions have laid the foundation for cooperation and convergence between the...

Calls for contributions on competition in virtual worlds and generative AI

The European Commission has launched on two calls for contributions on competition in virtual worlds and generative artificial intelligence (‘AI') and sent requests for information to several large digital players. All interested stakeholders are invited to share their experience and provide feedback on the level of competition in the context of virtual worlds and generative AI, and their insights on how competition law can help...

A combined work and residence permit in the European Union

The European Commission welcomes the political agreement reached on 18 December between the European Parliament and the Council on the revised Single-Permit Directive. These updated rules set in place a single application procedure for a combined EU work and residence permit (a ‘single permit'). Background Annually, 2 to 3 million nationals from non-EU countries come to the EU legally, in contrast to more than...

Taxonomy Disclosures Delegated Act : a guidance document