europeancouncil
The Council of Europe agreed on a treaty on artificial intelligence (AI) on Friday, claiming it is the first binding international treaty on the technology. The treaty, signed by its 46 nations, sets out a legal framework that covers the entire lifecycle of AI systems and addresses the risks they may pose while promoting responsible innovation. “With this new treaty, we aim to ensure a responsible use of AI that respects human rights, the rule of law and democracy,” the council’s Secretary-General Marija Pejčinović said in a statement. The convention aims to establish “transparency and oversig...
Euronews (English)
"Enlargement is vital for the future of the EU because without enlargement [there is] a risk for a new Iron Curtain," Michel said in an interview with a select group of journalists. "It would be extremely dangerous if you would have an unstable neighbourhood with a lack of prosperity or lack of economic development. These are our common interests - of candidate countries and the EU - to make progress, to speed up," he added. His stark warning comes on the anniversary of the so-called big bang enlargement of 2004 when ten countries - including seven former Soviet republics or satellite states -...
Euronews (English)
Charles Michel spoke exclusively to Euronews hours after Iran activated its air defences near the central city of Isfahan as it was targeted by a suspected retaliatory attack by Israel, fuelling again fears of a wider regional conflict. It came just six days after Iran launched a barrage of some 300 drones and cruise and ballistic missiles in its first-ever direct attack against Israeli territory. This happened on the heels of an Israeli airstrike on the Iranian consulate in Damascus that had killed seven members of the Islamic Revolutionary Guard. Whilst the reported retaliation initially see...
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The political endorsement came Thursday after hours of discussion in Brussels and despite profound disagreements between leaders over proposals to harmonise corporate tax rules and a decades-old plan to integrate the capital markets of EU countries. It comes as the bloc faces an increasingly volatile geopolitical context, rapid demographic changes and stiffer competition from foreign governments that are roping in investments with attractive subsidy packages. The pact is an attempt to retain a competitive edge on the global stage and prevent Europe from becoming an industrial desert at the exp...
Euronews (English)
Europe needs its own industrial strategy to face up to aggressive support from the US, EU leaders are set to be told on Thursday (18 April) in a report by former Italian premier Enrico Letta, a recent draft of which was seen by Euronews. EU countries could be forced to contribute to fund pan-European initiatives as the bloc faces up to sluggish growth, in a move that may provoke fears of a global subsidy war. “The EU must step up its efforts to develop a competitive industrial strategy capable of counteracting instruments recently adopted by other global powers, such as the US Inflation Reduct...
Euronews (English)
A summit of EU leaders meeting next week will likely agree “ambitious” measures to boost non-bank financing, its President Charles Michel has told reporters. Europe is looking to improve its fortunes as it faces up to war, costly climate change policies and economic competition – and hopes integrating its capital markets could help. “There is in my opinion a way, based on common sense, to mobilise a lot of money to fuel the European economy,” European Council President Michel told Euronews as part of a group interview. “This is by making possible and easier for companies to mobilise many of th...
Euronews (English)
Speaking to journalists in Brussels this week, Michel floated "coordination at EU level" among those member states ready to formally recognise a Palestinian sovereign state, a move that has gained traction since the endorsement of Spain, Ireland, Slovenia and Malta last month. Michel, who is tasked with forging consensus among all 27 EU leaders, suggested other like-minded countries outside the bloc could also join the initiative. While nine EU member states already formally recognise the Palestinians' right to statehood - including the likes of Bulgaria, the Czech Republic, Romania and Sweden...
Euronews (English)
Europe is confronting environmental challenges that are unprecedented in their scale and urgency. From the alarming decline in biodiversity to the relentless march of climate change, the continent faces a series of crises that threaten not just its natural heritage but its very future. To pick just one example, Spain saw 30-degree Celsius weather this winter. We know that the Mediterranean is warming up much faster than the rest of the world - that knowledge is no longer theoretical, we can see it happening in front of our eyes. Global CO2 emissions were the highest in the last year, the tempe...
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The announcement came late on Thursday evening after the bloc’s 27 leaders backed Brussels’ proposal to give Ukraine up to €3 billion per year in interests from Russian assets that have been frozen in depositaries in EU member states. The vast majority of the profits would be used to arm and equip the Ukrainian armed forces as they continue to withstand Russia’s war of aggression. “There's strong support to use the windfall profits or proceeds of the immobilised assets for military purposes for Ukraine,” von der Leyen said while welcoming leaders’ endorsement. “If we are swift now in concludin...
Euronews (English)
It’s seen as a first attempt to test EU member states’ appetite for jointly issuing debt to bolster the bloc's defence industry as war rages on its eastern flank. Although divisive, French President Emmanuel Macron and Estonian Prime Minister Kaja Kallas have both backed the idea in the past. In February's summit, Kallas suggested that the bonds should amount to a total of €100 billion. But the taboo of issuing common EU debt to arm member states will be difficult to shrug off, as the more fiscally frugal capitals are highly sceptical of the move. A senior diplomat from a northern EU country, ...
Euronews (English)
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