Eu Financial News

Erasmus Mundus scholarships for the degree programmes starting in the academic year 2023-24. Under this scholarship, selected students will be fully-funded by the European Union and will have an opportunity to study and conduct research in at least two universities located in different European countries and obtain a joint, double or multiple degree. The delegation of the European Union to India on Friday organised an event for the departing Indian students to mark this milestone. In 2022, 161 Indian students received the Erasmus Mundus scholarship. «I am pleased to share that 174 Indian students have won the Erasmus scholarship this year, beating the figure of 161 Indian students from last year. Given how competitive the Erasmus programme is, this deserves a big applause. »The Erasmus+ programme not only offers students state-of-the-art education opportunities and professional development, but also allows them to gain rich cultural experience and a unique opportunity to explore Europe's diversity. I wish all the students an enriching journey," said HE Seppo Nurmi, Charge d' Affaires of the EU delegation to India and Bhutan.

TotalEnergies and Shell on Sunday defended activities linked to Russia after a critical report into their trading in natural gas despite the war in Ukraine. The campaign group Global Witness said TotalEnergies was the third-biggest player in Russian liquified natural gas (LNG) last year and Shell the fourth, behind two Russian companies.

Europe comes from Saxony. The state has pulled in billions in investment, and fabrication plants, or “fabs,” for companies such as Infineon, Bosch and Globalfoundries are all based in Saxony, which is rumored to be the site of a future TSMC plant. Yet a skilled labor shortage is weighing on the sector. Over 76,000 people in Saxony are employed in the local chip industry, thanks in part to nearby clusters of research institutes, semiconductor-related companies and technical universities. By 2030, lobbyists project, this number will grow to 100,000. That, however, isn’t enough – not for Germany, nor for Europe as a whole. By that year, the European Union wants to manufacture 20% of the world’s semiconductors, up from 10%. Dresden’s efforts to train talent and attract skilled workers may offer clues as to how that could happen.

The violence erupted just after Macron finally saw off half a year of protests over his controversial pension reform, which dominated the domestic agenda for most of this year. But the images of shops ransacked and buses burned across the country also risk hurting Macron's international standing at a time he wants to play an instrumental role in ending the Russian invasion of Ukraine and be seen as Europe's number one powerbroker.

USB-C ports are popular! These ports are very common and may soon become “universal”. These can be found on most devices, be it phones, laptops, speakers, headphones and more. Thanks to the EU mandate, now iPhones may also sport a USB-C port, instead of the iconic lightning port. However, there’s one problem with these ports, which is that they are prone to getting filled with dust, dirt and other debris, likely due to the fact that most carry their phones in pockets or laptops in bags – which you may not know, but might have dust or other unwanted particles.

Now, with top economies seeking semi-skilled and skilled professionals to plug labour shortages, offering them extensive benefits and upgrading their standard of living, people's desire to migrate has reached an all-time high. Going by the numbers, Indians continue to chase the American dream with 7,88,284 of them relinquishing their citizenship in 2021, according to a Ministry of External Affairs data.

European Union leaders are set on Friday to commit to reducing the bloc's dependence on China and debate how to strike the balance between "de-risking" and engaging in areas such as climate change. «This is the million euro question,» Latvian Prime Minister Krisjanis Karins told reporters on his arrival at the two-day summit in Brussels on Thursday. «We need to de-risk and that means being able to step back to some degree because geopolitically the apparently growing relationship between China and Russia is a potential problem for all of us,» he said.

The comments came during a panel discussion at the Polkadot Decoded event in Denmark. W3F chief legal officer Daniel Schoenberger stated regulation has hitherto slowed innovation in the sector by not creating new frameworks that reflected the technology’s properties.

The United Kingdom on Thursday officially passed legislation to regulate cryptocurrencies and stablecoins as part of its broader financial regulatory reforms post-Brexit.

North America International Championships. It doesn’t come randomly. It has a story attached to it – earlier, in April 2013, professional Pokemon VGC player Paul Chua emerged victorious at the Europe International Championships, claiming the prestigious trophy. One of the many things that caught people’s attention at the tournament was one of the Pokemon in Paul’s team – the Shiny Arcanine. Now, trainers have an opportunity to get it (for free!) their own version of much-hyped and anticipated Pokemon lately.

Europe to compete with rivals overseas, especially when it comes to the technology behind systems like ChatGPT. Officials at companies from French planemaker Airbus and carmaker Renault to Dutch beer giant Heineken signed an open letter to EU leaders saying the 27-nation bloc's groundbreaking legislation may put shackles on the development of generative AI. That technology gives popular AI chatbots like ChatGPT the power to generate text, images, video and audio that resemble human work.

An open letter to lawmakers in the European Union was issued by more than 160 executives from tech companies around the world urging careful consideration of artificial intelligence (AI) regulations not to stunt the industry or markets.

The company received the news late last week, and were waiting to receive the official letter from regulators before making today’s announcement.

The deputies of Slovakia's National Council, the country's legislative body, voted on June 28 to endorse an amendment that will reduce the taxation of cryptocurrencies in the country.

In May 2023, the European Union signed its landmark Markets in Crypto-Assets legislation into law. Crypto businesses operating in the EU now have a fixed timeline to comply with MiCA’s wide-ranging guidance and regulations, which address everything from defining a crypto asset to establishing reserve requirements for stablecoins.

Members of Slovakia’s National Council of the Slovak Republic — the country’s parliament — have voted to approve lower crypto taxes, along with additional measures affecting cryptocurrency holders.

The cryptocurrency exchange Binance informed users that its current euro banking partner, Paysafe Payment Solutions, will not continue supporting the exchange. 

OpenAI, the maker of the popular chatbot ChatGPT — a natural language processing artificial intelligence (AI) tool — is facing a class-action lawsuit in California over allegedly scraping private user information from the internet.

The European Commission announced on June 28 that it has proposed a legislative plan for a digital euro, aiming to make it a widely accepted and easily accessible form of payment.

European Union (EU) lawmakers have reached an agreement to move ahead with the controversial European Data Act, which has previously drawn criticism from the crypto community. The deal was confirmed by the EU’s Commissioner for Internal Markets, Thierry Breton, in a tweet calling it a “milestone in reshaping the digital space.”

The news was announced by the European Parliament’s Economic and Monetary Affairs committee.