Consumer Protection

Banks warn that online payment regulations threaten convenient services

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Europe’s lenders have warned the European Commission that the sector will not be prepared by a 14 September deadline to abide by new online payment regulations – the so-called Second Payment Services Directive – without...

Johnson & Johnson faces opioid crisis litigation

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Pharmaceuticals behemoth Johnson & Johnson is facing a multi-billion dollar lawsuit in the US state of Oklahoma with prosecutors making the case that the company has for years marketed opioid-based painkillers and downplayed the risk...

Boeing admits that it knew about design problems ahead of 737 Max accidents

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American aeroplane manufacturer Boeing has admitted that it knew about and failed to correct a problem with its 737 Max jets a year before the aircraft was involved in two fatal accidents. The company said...

EU Court rules in favour of Manchego cheese producers

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Long considered two of Spain's most beloved cultural treasures, Manchego cheese and the fictional character Don Quixote, have been the subjects of a bitter dispute between Spanish cheese producers and their domestic and foreign rivals over...

Georgia is an investor’s graveyard masquerading as a business utopia

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For over four years, we, the American investors of Iconia Capital LLC, have had our construction business halted by powerful extra-legal and corrupt influences in the Republic of Georgia. Since starting our first project...

Danske Bank money-laundering scandal appears to have Swedish connection

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Swedbank, one of Sweden's four biggest banks, has become the latest financial institution to be embroiled in the ongoing money-laundering scandal that has engulfed Denmark's Danske Bank since early last year. Danske is under investigation...

Czechs and Slovaks to hold checks in all Polish beef imports

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Czech veterinary inspectors have traced the deliveries of Salmonella-infected Polish beef that were shipped to the Czech Republic in recent weeks, according to a spokesman for the Czech Veterinary Authority reported. According to the Czech...

Belgian ban on religious animal slaughter angers Jewish and Muslim communities

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A controversial decision by the Belgian region of Flanders to ban ritual animal slighter for religious purposes has angered the country's large Jewish and Muslim minorities, both of whom view the move as evidence that the...

Non-EU companies must appoint legal representatives to sell in the Single Market

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Beginning on January 1, 2020, businesses from outside the EU will now need to appoint a legal representative that will be held liabile in the event that their product do not adhere to the...

Tech companies warn of turbulence ahead as EU-US work on trade deal

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The internet as we know it may still end. That is the stark warning delivered by a consortium of major technology companies - Facebook, Google, Amazon, and others - to the US Trade Representative...

IMF warns that Spain’s real estate market risks overheating

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The International Monetary Fund (IMF) warned Spain that its real estate market is dangerously inching towards overheating as the housing industry faces growing questions about its financial stability. “House prices have increased in recent years,...

The revolution Europe needs

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The spontaneous street protests in Paris over the past month come almost exactly 50 years after the mass revolt of May 1968. But that is not to say the two events are comparable. Les événements...

Why Italy’s newly proposed budget is the right step forward

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New Europe’s Federico Grandesso spoke exclusively with Massimo Bitonci, Italy's Under Secretary for Economy and Finance, who underlined the positives of the Italian budget plan that was recently rejected by the European Commission, and also discussed some weaknesses that...

Commission pressures Malta over its financial transparency

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The European Commission is gearing up to send an unprecedented rebuke of the Maltese government over their failure to reign in widespread money laundering. The Commission's warning includes references to "systemic shortcoming" by Malta's Financial Intelligence Analysis...

How will Central and Eastern Europe respond to a far more impactful (mobility) transition?

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The transition to low emission mobility is key to achieving Europe’s energy and climate objectives and easily the most difficult. Whereas decarbonisation of sectors like agriculture and buildings are relatively straightforward with established financial...

Will Italy Destroy the Eurozone?

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Eurosceptic discourse is now mainstream in Italy. The current government is a coalition that encompasses both the left and right traditions of sovereigntist politics. The economy is at the epicentre of this discussion, with the...

Good Politics, Bad Economics

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Bad economics breeds bad politics. The global financial crisis, and the botched recovery thereafter, put wind in the sails of political extremism. Between 2007 and 2016, support for extremist parties in Europe doubled. France’s National Rally (formerly...

Can Trade Agreements Be a Friend to Labour?

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Labour advocates have long complained that international trade agreements are driven by corporate agendas and pay little attention to the interests of working people. The preamble of the World Trade Organization Agreement mentions the objective of...

Regulating cash transfers at the EU’s external borders to prevent crime

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Over the last few years, Europe has suffered unprecedented terrorist violence that has killed hundreds of citizens, while also experiencing a rise in cross-border organised economic crime. The experience shows that one of the...

Commission wants €4.7 mil from Globalisation Adjustment Fund to help redundant workers in Portugal

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The European Commission today proposed to provide Portugal with nearly €4.7 million from the European Globalisation Adjustment Fund to help former garment workers and several hundred young people without employment and education find a...

Ryanair threatens German pilots with layoffs

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Ryanair’s German pilots and cabin crew are on strike on Wednesday. Ryanair has cancelled 150 out of a total 400 flights from and to Germany, the German public broadcaster DW reports. Germany's pilots' federation and the...

Industrial producer prices up 0.4% in Eurozone, 0.3% across EU in July

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Industrial producer prices rose by 0.4% in the Eurozone and by 0.3% in the EU28 between June and July, according to estimates from the statistical office of the European Union, Eurostat.

Europe’s Populist Fifth Column

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European security currently rests essentially on the NATO alliance and the principle of mutual defence, and on cooperation between national intelligence services working to prevent violence against people and national assets. But in an...

European Commission proposes formal talks with US on beef market

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The European Commission has proposed opening formal talks with the United States in order to address President Donald J. Trump’s repeated accusations that American farmers are not getting a fair share of the EU’s beef market. The EU...

EU’s Vella pushes for more international oversight of ocean governance

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While attending the 23rd North Atlantic Fisheries Ministers Conference in the Faroe Islands, the European Union's Commissioner for Environment, Maritime Affairs, and Fisheries Karmenu Vella opened the gathering by welcoming progress made under the EU’s agenda on...

EU works on measures aimed at sustaining cooperation with Iran

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Iranian President Hassan Rouhani said Tehran wanted the Europeans to give guarantees on banking channels and oil sales as well as in the field of insurance and transportation, Reuters reported, citing state-run Iranian news...

EU Commission authorises five GMOs for food and feed

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The European Commission has authorised five genetically modified crops to be used for food and feed, including four types of maize and a variety of sugar beet, the latter of which was developed by...

If Trump Ruled Venice

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Marco Polo, the famous thirteenth-century Venetian merchant, was one of the first Europeans to trade with China. Now imagine that, after a while, the Venetian state became concerned that Polo was purchasing too many...

Ford recalls tens of thousands vehicles from Europe over clutch problem

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The US carmaker Ford is recalling thousands of cars in Belgium and Luxembourg due to problems with the vehicles’ clutch. Lately, Ford has issued a recall of 550,000 Fusion and Escape vehicles over rollaway concerns,...

Europe will not bow to US threats, say Germany’s Maas

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Europe will not bow to threats from the United States in a trade dispute and wants to resolve it via negotiations, German Foreign Minister Heiko Maas said on Tuesday before European Commission talks with...

Aided by Russia, North Korea evades UN sanctions and cheats vessels supplying petroleum

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China and Russia on July 19 delayed a US bid to the 15-member United Nations Security Council to halt refined petroleum exports to North Korea, asking for more detail on a US accusation that...

EU Commission: Volkswagen yet to convince on car emissions

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The European Commission and national consumer authorities in the EU criticized Volkswagen on Tuesday for failing to guarantee that repairs after the Dieselgate scandal would not affect cars’ performance. The EU Commission published today the conclusions on the...

EU Commission notifies Airbnb that it is in violation of EU consumer laws

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Airbnb, a website for short-term accommodation rentals, has breached EU consumer rules, according to the European Commission's announcement. The EU executive has given the US company until the end of August to propose changes in...

Google’s Redirect Program: An Anemic Response to the Plague of Terror Content

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Google’s attempts to tackle the dangers of terrorist content on its online platforms, including YouTube, have come far too late and remain disturbingly inadequate, according to findings in a new study by the Counter Extremism Project...

Facebook’s troubles over Cambridge Analytica data breach continue

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The UK Information Commissioner’s Office has declared their intent to fine Facebook £500,000 for its role in the Cambridge Analytica data leak scandal that accessed personal information from up to 87 million people. By scraping...

Ukraine creating EU-based consortium to stop Nord Stream-2

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Ukrainian President Petro Poroshenko recently announced that he is in the process of creating a consortium of EU companies in Brussels who will help build support and ultimately stop to the construction of Russia’s Nord Stream-2 gas pipeline, which is...

Local and regional conservative politicians call for structured post-Brexit cooperation

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While gathering in London on June 4 for its external group meeting, local and regional politicians from the European Conservatives and Reformists Group in the European Committee of the Regions discussed areas where structured cooperation...