European Parliament

MEDIA ADVISORY: MIT's largest AI conference, EmTech Digital, comes to London next week

Retrieved on: 
Thursday, April 11, 2024

What: EmTech Digital , MIT Technology Review's signature AI conference, comes to Europe for the first time as the EU's AI Act lays the groundwork for regulatory framework globally.

Key Points: 
  • What: EmTech Digital , MIT Technology Review's signature AI conference, comes to Europe for the first time as the EU's AI Act lays the groundwork for regulatory framework globally.
  • Who: MIT Technology Review's editorial experts in AI, including Will Douglas Heaven and Melissa Heikkilä, are joined on stage by leaders from Google DeepMind, Meta, BT, the Alan Turing Institute, the European Parliament, and the UK government.
  • Why: Essential AI insights for business leaders from the AI experts at MIT Technology Review, coming at a time when generative AI has dominated global headlines and raised serious questions about how to best harness its power.
  • Attendees include researchers, policymakers, and business and technology leaders.

Press release - New EU fiscal rules approved by MEPs

Retrieved on: 
Thursday, April 25, 2024

MEPs approved a revamp of EU fiscal rules making them clearer, more investment friendly, better tailored to each country’s situation, and more flexible.Committee on Economic and Monetary Affairs Source : © European Union, 2024 - EP

Key Points: 


MEPs approved a revamp of EU fiscal rules making them clearer, more investment friendly, better tailored to each country’s situation, and more flexible.Committee on Economic and Monetary Affairs Source : © European Union, 2024 - EP

Press release - MEPs consent to the EU withdrawing from the Energy Charter Treaty

Retrieved on: 
Thursday, April 25, 2024

MEPs consent to the EU withdrawing from the Energy Charter Treaty

Key Points: 
  • MEPs consent to the EU withdrawing from the Energy Charter Treaty
    Parliament’s approval is needed for the EU to exit from the Energy Charter Treaty.
  • The recommendation from the Industry, Research, Energy, and International Trade committees was adopted with 560 votes to 43, with 27 abstentions.
  • The Energy Charter Treaty (ECT), established in 1994 to govern trade and investment in the energy sector, has become controversial.
  • The EU is finally withdrawing from the climate-hostile Energy Charter Treaty.

Press release - European Parliament updates trans-European transport network guidelines

Retrieved on: 
Thursday, April 25, 2024

European Parliament updates trans-European transport network guidelines

Key Points: 
  • European Parliament updates trans-European transport network guidelines
    - Major transport links to finish by 2030
    - Cut transport infrastructure ties with Russia and focus on Ukraine
    - Create better conditions for military mobility along major EU roads and railways
    On Wednesday, MEPs endorsed updated plans to complete major trans-European transport projects, such as cross-border roads, railways, bridges and tunnels, by the end of 2030.
  • Major transport infrastructure projects on the core TEN-T network should be completed by the end of 2030, to secure a comprehensive network by the end of 2050.
  • Major European airports (processing more than 12 million annual passengers) will be connected to the trans-European railway network.
  • AT) said: “The regulation will enable rail transport to compete with road transport, if it is implemented as foreseen.

Press release - Parliament adopts EU-wide Disability and Parking Cards

Retrieved on: 
Thursday, April 25, 2024

Both cards will grant card holders, as well as those accompanying them and assistance animals, access to most of the same conditions as national card holders.

Key Points: 
  • Both cards will grant card holders, as well as those accompanying them and assistance animals, access to most of the same conditions as national card holders.
  • The new rules will only apply for short stays, with an exception for disability card holders that move to another member state for a mobility programme, such as Erasmus+.
  • European Disability Card
    The European Disability Card will be issued in physical format and, when available, in digital format, and will be issued and renewed free of charge.
  • European Parking Card for persons with disabilities
    The European Parking Card for persons with disabilities will be issued in physical form.

Press release - Parliament celebrates the 20th anniversary of the EU’s biggest enlargement

Retrieved on: 
Thursday, April 25, 2024

Parliament celebrates the 20th anniversary of the EU’s biggest enlargement

Key Points: 
  • Parliament celebrates the 20th anniversary of the EU’s biggest enlargement
    On Wednesday morning, MEPs, EU and member state representatives, and young people born 20 years ago, marked the entry into the EU of ten countries in May 2004.
  • EP President Roberta Metsola, Commission President Ursula von der Leyen, former EP President Pat Cox, and former Commission President Romano Prodi participated in a formal sitting of Parliament to mark the 20th anniversary of the 2004 EU enlargement.
  • Addressing the ceremony, European Parliament President Roberta Metsola said:
    ”In these past two decades, Europe has been met with unprecedented challenges.
  • The transformative effect of EU enlargement on the lives of generations of Europeans is without any doubt.

Press release - New EU rules to combat money-laundering adopted

Retrieved on: 
Thursday, April 25, 2024

In addition to current information, the registries will also include data going back at least five years.

Key Points: 
  • In addition to current information, the registries will also include data going back at least five years.
  • The laws also give Financial Intelligence Units (FIUs) more powers to analyse and detect money laundering and terrorist financing cases as well as to suspend suspicious transactions.
  • Wide-reaching due diligence
    The new laws include enhanced due diligence measures and checks on customers’ identity, after which so-called obliged entities (e.g.
  • Next steps
    The laws still need to be formally adopted by the Council, too, before publication in the EU’s Official Journal.

Piero Cipollone: Innovation, integration and independence: taking the Single Euro Payments Area to the next level

Retrieved on: 
Thursday, April 25, 2024

This paper investigates the sensitivity of the demand for safe government debt to currency unhedged and hedged excess returns in a sample of US mutual funds.

Key Points: 
  • This paper investigates the sensitivity of the demand for safe government debt to currency unhedged and hedged excess returns in a sample of US mutual funds.
  • We find evidence of active rebalancing towards government bonds that offer relatively higher returns on an unhedged basis, in particular euro denominated securities.

The reformed EU fiscal framework – potential macroeconomic implications for the euro area

Retrieved on: 
Thursday, April 25, 2024

Following the European Commission’s legislative proposals of April 2023, the ECOFIN Council reached an agreement on the reform of the fiscal rules underpinning the EU Stability and Growth Pact (SGP) on 20 December 2023.

Key Points: 
  • Following the European Commission’s legislative proposals of April 2023, the ECOFIN Council reached an agreement on the reform of the fiscal rules underpinning the EU Stability and Growth Pact (SGP) on 20 December 2023.
  • This box provides a preliminary assessment of the potential macroeconomic effects of the EU fiscal framework reform over the horizon of the March 2024 ECB staff macroeconomic projections for the euro area.