Reading Time : 2minutes The Euro’s creation in 1999 introduced a new era of economic integration in Europe, but it came with the “no-bailout” clause. This rule, designed to ensure fiscal responsibility, prevented Eurozone countries from bailing out one another. However, the 2008 financial crisis tested this principle, leading to emergency financial support despite the clause. The ongoing debate over its relevance continues to shape the Eurozone’s economic policies. Understanding the “no-bailout” clause is key to grasping the complexities of European financial governance.
Reading Time : 2minutes Europe is considering the creation of an AI research center modeled after CERN, with an estimated cost of €100 billion. This initiative aims to foster collaboration across the continent, driving advancements in AI technology. The center would focus on both fundamental research and practical applications, ensuring ethical development aligned with European values. By consolidating resources, Europe hopes to position itself as a leader in AI, promoting economic growth and innovation.
Reading Time : 3minutes The European Union has escalated its conflict with Elon Musk’s social media platform X, formally charging the company with breaching online content
Reading Time : 2minutes Meta Platforms, the parent company of Facebook, has recently come under scrutiny by the European Union over antitrust concerns. The European Commission
Reading Time : 2minutes Volkswagen is making a significant financial commitment to solidify its presence in the electric vehicle (EV) market. The German automaker announced plans
Reading Time : 2minutes Microsoft is facing two complaints from the European Center for Digital Rights (NOYB) regarding the company’s handling of children’s privacy rights in the EU. The complaints accuse Microsoft of violating children’s privacy rights through its Microsoft 365 Education suite, claiming that the company is not transparent about how it processes data within the suite and shifts responsibility for data protection onto schools, which are not equipped to handle such responsibilities.
Reading Time : 2minutes Tbilisi International Airport serves as a key gateway to Georgia, offering modern amenities and efficient services. With its recent renovations, it reflects the country’s blend of tradition and innovation, welcoming travelers with a unique cultural experience. The airport’s strategic importance continues to grow, supporting Georgia’s tourism and business sectors.
Reading Time : 2minutes The European Union has created a new anti-money laundering group, the Authority for Anti-Money Laundering and Countering the Financing of Terrorism (AMLA), to strengthen its systems in the fight against money laundering and terrorist financing. The new authority will have direct and indirect supervisory powers over high-risk obliged entities in the financial sector and is expected to begin operations in mid-2025.
Reading Time : 3minutes In a historic announcement, Queen Margrethe II of Denmark has revealed her decision to step down from the throne after an illustrious
Reading Time : 3minutes Nestled in the heart of Barcelona, Spain, the Sagrada Família stands as a testament to human ingenuity and perseverance. After more than
Reading Time : 4minutes Belgium, a country renowned for its rich history, delectable chocolates, and picturesque landscapes, boasts a plethora of charming cities. Among them, Antwerp
Reading Time : 3minutes In the heart of London, a vibrant transformation is taking place as the city welcomes the much-anticipated New Covent London 2023. This
Reading Time : 3minutes Nestled amidst the picturesque landscapes of Central Europe, Liechtenstein, though small in size, holds a captivating allure that transcends its dimensions. In
Reading Time : 3minutes Belgium’s rich brewing heritage takes center stage at Belgian Beer World in Brussels. This 90 million euro visitor center illuminates Belgitude, showcasing
Reading Time : < 1minute Goût & Design, your luxury, lobbying and consulting company, is enlarging its network into the world of cyberspace, linking new sites in
