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EC Seeks to Promote Euro as Global Currency
December 14, 2018
The European Commission (EC) has published a recommendation pushing for EU institutions to do more to bolster the global role of the euro, particularly in the energy sector, including by providing for further EU financial integration to raise trust in the currency.
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ECtHR: Liability for Posting Hyperlink Violated Speech Rights
December 14, 2018
The European Court of Human Rights (ECtHR) has held that Hungarian courts failed to respect the free expression rights of a media company they found liable for defamation over a hyperlink the company posted directing readers to a video containing defamatory content, finding that liability for the use of hyperlinks could have a chilling effect on online free speech.
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Italy Plans New Budget to Avoid EU Punishment
December 14, 2018
Politico reports that Italian officials indicate they will respond to pressure from the European Commission over their planned 2019 budget by dialing back spending to avoid up to EUR 9 billion in sanctions under the EU’s excessive deficit procedure.
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EU Tech Tax Faces Broad Opposition
December 14, 2018
Reuters reports on the struggle of EU member states to agree to a deal on the introduction of a new EU tax on digital companies for online activities in the bloc, as countries like Ireland where tech giants base their European headquarters express concern about losing tax revenues under the proposal.
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EC Unveils Long-Term Climate Action Plan
December 13, 2018
The European Commission (EC) has unveiled its long-term strategy to comply with pledges under the UN’s Paris climate accord, aiming for “net-zero” greenhouse gas emissions throughout the bloc by the year 2050, in a move scientists indicate is not ambitious enough to prevent “catastrophic” global warming impacts.
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