EU and UK soon to be in a post-Brexit rush over free trade agreement with Australia

Last week, trade was one of the hottest topics on the European economic scene. The European Union and Australia made substantial progress towards the conclusion of a free trade agreement which has been on the table for years. EU Trade Commissioner Cecilia Malmström and Australia’s Minister for Trade, Investment and Tourism, Steven Ciobo, announced they […]

EU to give more power to national antitrust authorities in a bid to secure regulatory fines

Last week, the European Commission has proposed a new set of rules to give national antitrust authorities more power and resources against anti-competitive practices. The proposed rules, which followed a public consultation that was launched last year, are intended to make the bloc’s national competition agencies more autonomous but also more reactive against multinational firms […]

Brexit is happening now but the UK hasn’t really assessed the impact of a “no-deal” divorce

The last few days, amid the political storm that the Dutch elections have generated, the Brexit question has seen important events as well. Last week the Queen has given her assent to the Brexit bill, and have formally cleared the way for Prime Minister Theresa May to start talks to leave the European Union. PM […]

EU lawmakers vote to reintroduce visas for Americans over “reciprocity principle”

The European Parliament passed a motion last Thursday calling on the European Parliament to temporarily reintroduce visa requirements for US citizens. The non-binding resolution called on the European Commission to end visa-free travel in response to Washington’s refusal to grant visa-free access to people from five east European countries. Despite being only a temporary solution, […]

EU to present a “hefty” exit bill to the UK moments before Brexit negotiations

There’s just one month left for UK’s Prime Minister Theresa May to trigger Article 50 of the Lisbon Treaty, according to her plans, and the European Union quantifies an exit bill for the first time. European Commission President Jean-Claude Juncker has declared last week that the UK could face a “very hefty” bill for Brexit. […]

EU Parliament approves CETA: the EU-Canada free trade deal sees the light in Trump’s gloomy era

After seven years of talks and remarkable twists, the EU-Canada Comprehensive Economic and Trade Agreement (CETA) was approved by the European Parliament last week. The EU lawmakers formally backed last Wednesday the landmark free trade deal which aims to eliminate up to 99% of tariffs on exported goods with Canada, by a vote of 408 to […]

Digital Single Market: New EU rules for online subscription services

EU Regulators have found last week an agreement on new rules concerning online content portability, allowing EU citizens to access online subscription services with no restrictions while travelling within the Union. The new rules will practically end the so-called “geo-blocking tactics”, and will enable European consumers to access services such as Netflix, Sky’s Now and Spotify […]

Brussels to tear down the trade wall with Mexico as opposed to Trump’s “walls”

The European Union and Mexico have officially decided last week to accelerate negotiations on a new trade agreement and have set two additional rounds of trade talks in the first half of 2017. The European bloc and the Northern American country have long standing economic relations, but they are facing a very delicate moment, amidst […]

Theresa May’s global Britain against Philip Hammond’s Brexit fog

The 2017 edition of the World Economic Forum will be remembered for long. This year’s event carried indeed a lot of attractiveness, not only because for the first time a head of state from the People’s Republic of China was invited to the alpine city of Davos, or because the world is preparing to welcome […]

EU’s tougher privacy rules: WhatsApp and Facebook set to be soon aligned with telcos

With an official statement, the European Commission last week published its proposal to reform the existing European online privacy rules. Companies such as Facebook, WhatsApp and Google will face tougher rules on the tracking of users under a wider update of the e-privacy directive, which will also impact cookies regulation. The EU says the new […]