European Union
The European Union (EU) has designated Namibia as a high-risk jurisdiction for anti-money laundering (AML) and counter-terrorism financing (CFT) frameworks, effective 20 days after publication in the EU Official Journal. This decision follows the Financial Action Task Force's (FATF) inclusion of Namibia on its "grey list"
European Union
The European Union (EU) has included Namibia in its list of high-risk jurisdictions due to strategic deficiencies in its anti-money laundering and combating the financing of terrorism (AML/CFT) framework. This decision is a direct consequence of the Financial Action Task Force's (FATF) deliberations at its February 2024
European Union
Gergely Gulyas, Head of the Prime Minister's Office, stated that the interest in Hungary's Vote 2025 referendum on Ukraine's European Union accession is exceptionally high, with over 2 million people having returned their questionnaires by the deadline. The vote's outcome will significantly
European Union
Slovak Prime Minister Robert Fico expressed concerns that the European Union's proposed ban on Russian gas imports will lead to increased gas prices for Slovak households, stating that the decision will reduce the competitiveness of the European Union and harm regional countries. Fico believes that the Commission'
European Union
A plan to ban Russian gas imports into the European Union was blocked by Slovakia and Hungary at a meeting of EU ministers in Luxembourg, leaving only 25 countries in support of the EU Council's conclusions. The European Commission intends to ban imports of Russian gas and liquefied
European Union
The Philippines has made significant progress in strengthening its anti-money laundering and counter-terrorism financing framework, leading to its removal from the European Commission's list of countries with strategic deficiencies in these regimes. This decision, made in Brussels, follows a thorough review by the European Commission, in line with
European Union
The European Commission has concluded that Ceske drahy, a.s. (CD) and Osterreichische Bundesbahnen-Holding Aktiengesellschaft (OBB) participated in a cartel to restrict RegioJet's access to used railway wagons for long-distance passenger transport between Austria and Czechia. The cartel lasted from 9 May 2012 to 21 January 2016, targeting
European Union
The European Union is considering a one-year delay in implementing some provisions of the AI Act, which was adopted less than a year ago, following pressure from the United States, some EU states, and the tech sector. The delay would affect high-risk AI systems, which could have negative repercussions on
European Union
Rafael Fitto, Executive Vice-President of the European Commission for Cohesion and Reforms, visited Daugavpils, Latvia on June 11, accompanied by colleagues from the European Commission and Latvian government representatives. The visit aimed to familiarize the officials with the country's Eastern border regions and discuss potential solutions to strengthen
European Union. European Commission
Russian forces unleashed a wave of drones and missiles on Ukraine's capital, Kyiv, with over 300 kamikaze drones and five missiles targeted at the city, while the European Union intensified its sanctions against Russia. The Ukrainian air force successfully shot down most of the incoming drones and missiles,
European Union
The European Commission has launched a public consultation on the revision of rules regarding public support for services of general economic interest in the field of affordable housing. The provision of affordable housing may constitute a service of general economic interest (SGEI) and may be financed without prior approval by
Economic conditions
Ukraine's struggle to counter the Russian invasion has been hindered by a lack of financial resources. With billions of euros in frozen Russian assets, experts argue that the country should be granted access to this money to bolster its defense efforts. The European Union Commission and the Belgian
