Finance & Trade

  • EU Executive Increases Outreach with New Emergency Supply Chain Tool

    September 21, 2022

    In an effort to protect the supply chain, the European Commission has set out a new emergency tool called the Single Market Emergency Instrument that gives the EU executive new powers, including requiring the stockpiling of critical goods and telling companies to prioritize certain orders over others.

  • ESG Label Stripped from EU Sustainable Funds after Review

    August 24, 2022

    As Groups continue in their attempt to define Environmental, Social and Governance (ESG), the label ‘ESG’ has been stripped From 23% of EU sustainable funds after being reviewed by market researcher Morningstar Inc.

  • New EU Office Expands European Presence in Silicon Valley

    August 17, 2022

    The European Commission is opening a San Francisco office in September, moving forward in its mission to become a global force in shaping the digital sphere

  • EU Sanctions lead to Russian Gas Cut Off through Ukraine

    August 09, 2022

    Russian oil supplier Transneft, who supplies oil through the southern Druzhba pipeline servicing Hungary, Slovakia and the Czech Republic has stopped delivery citing issues with EU financial sanctions.

  • Paul Hastings: Warning of a New EU Corporate Sustainability Reporting Directive

    July 27, 2022

    In June, the Council of the European Union and European Parliament reached a provisional political agreement on the Corporate Sustainability Reporting Directive (“CSRD”), which aims to create global sustainability reporting standards, more than quadrupling the number of companies required to report on sustainability.

  • A Gas Worries Continue, EU Invests on Hydrogen

    July 20, 2022

    The European Commission passed €5.4 billion in hydrogen subsidies launching 41 projects in 15 countries centered around hydrogen technology, in what is only the first of four expected waves of state aid approvals for hydrogen projects in the European Union despite questions remaining concerning the approval process and impact on the environment.

  • Europe Faces a Summer Facebook Blackout

    July 11, 2022

    The Irish Data Protection Commission informed its counterparts in Europe that it will block Facebook-owner Meta from sending user data from Europe to the U.S., potentially blocking Europeans from using Facebook and Instagram, cracking down on Meta's last legal resort to transfer large chunks of data to the U.S.

  • EU Parliament Votes to Give Green Labels to Nuclear and Gas

    July 06, 2022

    Nuclear and natural gas-fired power plants will now be able to be marketed as sustainable investments on financial markets thanks to a recent vote in favor of the measure by the European Commission.

  • European Commission proposes €1B in aid to Ukraine

    July 06, 2022

    Following concerns of a financial crisis in Ukraine, the European Commission proposed to provide €1 billion in loans as macro financial assistance as part of the €9 billion aid package announced over a month ago.

  • Hungary Veto’s EU’s Global Corporate Tax Plan

    June 22, 2022

    The European Union failed to implement a global corporate tax rate of 15 percent before the end of France’s six-month presidency due to a last minute veto of the plan by Hungary as tax initiatives require unanimity to pass in Brussels.

Total Records: 543
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