Three leading groups of economists have urged the European Union to build a stronger capital market to boost funding for key developments such as the green transition and artificial intelligence, as well as to help boost the bloc’s competitiveness.
Hungarian Prime Minister Viktor Orbán visited Russian President Vladimir Putin – without informing the EU and its leaders – to discuss the war in Ukraine. Hungary currently holds the presidency of the Council of the EU.
According to the EU’s climate change service Copernicus, global temperatures in June exceeded the 1.5 degrees Celsius warming limit set by the 2015 Paris Agreement. It was the 13th month in a row in which record temperatures were recorded.
A new Greenpeace study found that there is room for improving the rail infrastructure across Europe. Only 12 percent of all 990 routes analysed can be covered by train while the number of direct flgihts is much higher.
Following preliminary findings, the European Commission has informed tech giant Meta that its ‘pay or consent’ model may breach rules under the European Union’s Digital Markets Act.
Following Russia’s full-scale invasion of Ukraine in 2022, large numbers of Ukrainian refugees have been residing in Germany, Poland and the Czech republic. The three EU member states have asked the European Commission for financial support.