The European Economic and Social Committee (EESC) says it supports the European Central Bank (ECB) in its assessment of the risks and benefits of introducing a digital euro. The EESC believes the adoption of a digital euro will benefit everyone in the euro area by making payment transactions quicker and more efficient, but financial and…
MEPs have called for action to protect banks in Europe against possible attacks from Russia, China or Iran. Senior MEP Frances Fitzgerald said, ““We are now all more conscious than ever of the threat posed by hackers to European citizens, including from regimes such as Russia, China, or Iran. “Recent months have highlighted the need…
WhiteBIT crypto exchange expands the functionality of its services: withdrawal of dollars and euros to Visa/Mastercard, as well as hryvnia to IBAN account number. The largest cryptocurrency exchange in Europe of Ukrainian origin, WhiteBIT continues to expand the functionality and capabilities of its services. From now on, WhiteBIT users can withdraw dollars (USD) and euros (EUR) to…
The EU Commission has proposed to prohibit products made with forced labour on the EU market. The proposal covers all products, namely those made in the EU for domestic consumption and exports, and imported goods, without targeting specific companies or industries. This comprehensive approach is important because an estimated 27.6 million people are in forced…
The international community has been warned it should not rely on the unconditional support of poorer nations in the war against Russia. The stark warning came at a conference in Brussels on the Russian theft of Ukrainian grain produce and the impact this is having on international food prices. The event, organised to highlight the…
A comprehensive picture of Europe’s video games sector has been published. It was compiled with data provided by Ipsos, GSD and EGDF-ISFE members for the Video Games Industry Insights report. Responding, ISFE Chair Olaf Coenen said: “Our revenue remains stable after the exceptional increase between 2019 and 2020, owing to video games’ role in helping millions of people…
The European Commission has approved, under EU State aid rules, a €687 million Finnish scheme to partially compensate energy-intensive companies for higher electricity prices resulting from the impact of carbon prices on electricity generation costs (so-called ‘indirect emission costs’), incurred between 2021 and 2025, under the EU Emission Trading System (‘ETS’). The measure will benefit…
The largest European crypto exchange, WhiteBIT, continues to systematically help Ukrainians affected by military operations. Thus, with the support of WhiteBIT, the call centre of the Ministry of Foreign Affairs of Ukraine started work. At present, anyone who has questions for specialists of the Ministry of Foreign Affairs can call +38 (044) 224-57-20. From the end…
The latest talks between the EU and China have been dismissed as “Much ado about almost nothing”. German MEP Reinhard Bütikofer, China expert of the Greens/EFA group in the European Parliament, was commenting on the 9th High Level Economic and Trade Dialogue between the EU and the PRC. The Greens deputy said, “The EU-China Economic and Trade Dialogue can…
SMEs say they support the development of the Construction Products Regulation as the “single piece of EU legislation” regulating construction products. Representing 99% of the sector, SMEs are said to play a pivotal role in the achievement of the goals of the twin green and digital transition in the built environment. In response to the European…
