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…
Business
Finland Compensates Energy Intensive Companies
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…
WhiteBit Cooperation with Ukraine’s Ministry of Foreign Affairs
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…
Much Ado About Almost Nothing
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…
Emirates Empowers SMEs
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…
Entrepreneur Volodymyr Nosov Forecasts Societal Change
The world is on the verge of a paradigm shift that will affect every family and every home, writes John Buchan. What life principles should a self-made man be guided by in order to build a multi-million dollar business, become a leader in the global crypto market and successfully conquer countries and continents? Volodymyr Nosov,…
Uzbekistan Holds Auction for Placement of Inflation-Linked Government Bonds
On 19 July 19, inflation-linked government bonds worth 111 billion soums with a coupon payment equal to the “Consumer Price Index (CPI)+ 6%” with a maturity period of 2 years were sold for the first time at the regular electronic auctions of the Currency exchange of the Republic of Uzbekistan and the first benchmark for…
Renewables’ Investors Urge Spain to Honour Its Commitments to Treaties
Spain has been urged to “follow the example” set by Croatia in honouring its commitment to international treaties. The demand comes amid a long-running legal battle between Spain and renewable developers who are fighting Madrid over retroactive cuts to feed-in tariffs for renewable projects. Spain is accused of resisting payment of the compensation or attempting…
Uber’s Oppression of Workers’ Rights
Following the revelations of the Uber files published in European media, the Socialists and Democrats in the European Parliament have now called for considering platform workers as employees with all applicable rights. The unprecedented leak spans more than 5 years and 124,000 documents and exposed the ethically questionable practices of Uber. The S&Ds have spearheaded…
Minimum Tax Rate for Corporates
The European Parliament will this week vote on a resolution on the minimum tax rate on the profits of multinationals, following the Hungarian government’s veto on 17 June. The Parliament is demanding, among other things, to pass this deal through enhanced cooperation and move towards qualified majority voting in the tax field in order to…