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If the Council had its way, the financial sector would be almost entirely excluded from the EU's duty of care legislation. What this means in concrete terms is shown by an example from Mexico, in which a Luxembourg financial holding company is also involved. The case clearly shows how difficult it is to clarify the question of the responsibility of financial service providers.
By Charlotte Wirth
A first draft of the electricity market reform does not envisage any fundamental system change. Instead, the Commission wants to simplify investments in renewables and flexibility. Small and medium-sized enterprises are to be able to conclude long-term contracts for low-cost green electricity more easily.
By Manuel Berkel
According to the EU Commission, the EU is to cover a significant share of its own demand for critical raw materials by 2030. To this end, local value chains are to be rapidly strengthened: Europe.Table has looked at the leaked draft of the Critical Raw Materials Act.
By Leonie Düngefeld