EU denies it will yield to Trump’s 10 percent base tariff

Like most countries, the EU is subject to a 10 percent baseline tariff. If the two sides — representing an almost $2 trillion trade relationship — don’t reach a deal by July 9, that will go up to 50 percent, according to Trump’s threats. The U.S....

EU expected to ban new Russian gas contracts

The European Commission is expected to propose a ban on new Russian gas contracts, invoking a trade law instead of typical sanctions in order to avoid veto threats from Hungary and Slovakia, which import Russian gas, the Financial Times reported....

Italy regulator probes DeepSeek over false information risks

ROME (Reuters) -Italy's antitrust watchdog AGCM said on Monday it had opened an investigation into Chinese artificial intelligence startup DeepSeek for allegedly failing to warn users that it may produce false information. DeepSeek did not...

EU leaders respond to Nvidia AI pitch

Nvidia Corp CEO Jensen Huang (黃仁勳) has been pitching the idea of “sovereign artificial intelligence” (AI) since 2023. Europe is starting to listen and act. The concept is based on the idea that the language, knowledge, history and culture of each...

Britain must take the lead and recognise Palestine now | Letter

Our government should recognise the state of Palestine alongside Israel now, and without further delay or equivocation. Recognition does not punish Israel. It offers hope to those in Palestine and Israel working for peaceful coexistence, mutual...

Spain’s new tax capital isn’t Madrid or Barcelona.

Málaga’s skyline reflects a city in transition. Credit: Marcin Jucha via Canva.com Malaga has just pulled off something that you expected, and it didn’t involve property sales, beaches, or paella. It outperformed both Madrid and Barcelona, and one...

Germany: balancing sustainability goals with antitrust rules as emphasis on ESG grows in Europe

In summary ESG is a top discussion item seemingly everywhere nowadays, including in the competition law sphere. This article explores in general how the EU competition law regime addresses sustainability cooperations and the prioritisation of...

European Union: AI partnerships and DMA enforcement top of the agenda for European regulators

In summary This article summarises recent developments in antitrust enforcement in digital markets in the European Union with a focus on actions by the European Commission (EC) while mentioning key cases at the member state level. It covers...

European Union: key 2024 developments set the stage for pivotal era for merger control

In summary This article discusses the key jurisdictional, procedural and substantive developments in EU merger control from May 2024 to April 2025. Discussion points Jurisdictional developments Procedural developments Substantive developments...

Germany: FCO tightens grip on cartels with increasing number of dawn raids and court proceedings

In summary The German Federal Cartel Office (FCO) continues to be an active, sophisticated and efficient enforcement authority. Most cartel cases in Germany are still settled rather than appealed to the courts as both the FCO and undertakings aim...

EU slowly catching up with Korea, Japan on 5G: report

Published on 16/06/2025 - 16:51 GMT+2 Even though Europe is still lagging in the deployment of standalone 5G networks, the bloc is slowly catching up with other regions in the world, a European Commission report on connectivity targets published...

France: streamlined review process and increased thresholds to transform merger control framework

In summary During the past two years, the French merger control landscape has experienced significant changes. A key focus has been enhancing the efficiency of the review process for simple transactions while trying to reduce the administrative...

Europe wants to knock off China and US in Southeast Asia, but its just not as appealing

Europe is chasing Southeast Asia harder than ever, but the region’s trade marriage to China and the United States isn’t going anywhere. Leaders across Europe are pitching new alliances as Washington brings in more tariffs and Beijing grows more...

European pharma “faces an existential threat”, warns Sanofi IP head

Shutterstock/ZorroGabriel Excessive regulations, the dilution of IP and financial burdens threaten the future of the European pharma industry, warns Sanofi’s John Conway. Register for free for limited access Register for free to receive our...

EU set to accept flat 10% US tariff — with conditions

Brussels negotiators hope that by agreeing to a 10% US tariff on all European Union exports, they can avoid higher tariffs on cars, medicines, and electronics, according to a report in German newspaper Handelsblatt on Monday. Citing senior EU...

European bank M&A is hard, but sometimes stars align

Council of Europe Development Bank Partners with TCS to Transform Reconciliation Processes

Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a global leader in IT services, consulting, and business solutions, has partnered with the Council of Europe Development Bank (CEB), to modernize its operations and drive greater efficiency....

EU Paid Russia €200 Billion for Energy Since Invasion – Full Ban Still in Progress

The European Union is moving to end all fossil fuel imports from Russia as part of its efforts to cut economic ties following Moscow’s full-scale invasion of Ukraine. Still, since the invasion began, EU countries have paid more than €200 billion...

EU Red-flags QCOs, India CBAM During India-EU…

New Delhi, Jun 16 (KNN) Government sources have revealed that negotiations between India and the European Union (EU) for a Free Trade Agreement (FTA) have gained momentum, with the frequency of discussions increasing from quarterly to monthly....

The Big Themes from Money20/20: Why Banks Are Back, AI Is a Risk, and Financial Inclusion Finally Matters

16 Jun, 2025 By Alessandro Hatami, European banking innovation expert and co-author of Reinventing Banking and Finance and Inclusive Finance. Just like that another Money20/20 is behind us — and this year, the floor buzzed with a new reality. The...