The euro weakened against the USD as US economic data improved and interest rate expectations diverged. Markets are now watching for signs of the EU’s economic recovery and further guidance from the ECB and Fed.
The European Commission has adopted new rules on recycling of single-use plastic beverage bottles made primarily of polyethylene terephthalate (PET bottles).
A new regulation to protect the EU steel sector from the impact of global overcapacity and ensure the industry’s long-term viability enters into application on 1 July 2026.
The EU Council has given its final green light to streamlining certain rules regarding artificial intelligence (AI) including banning AI-generated or manipulated sexual deepfakes and AI-generated child sexual abuse material.
The EU Commission has opened a formal antitrust investigation into whether Sanofi breached EU competition rules by disparaging the only rival flu vaccine recommended for vulnerable patients with risk factors.
The EU has published updated rules on foreign investment screening, strengthening its ability to identify and collectively address risks stemming from foreign investments to the EU’s security and public order.
The EU’s Council and Parliament have reached a provisional agreement on rules to strengthen the enforcement of passenger rights across the EU for all modes of transport.
