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
The efforts to keep industries critical for the Green Deal in Europe continue: German Chancellor Olaf Scholz and Commission President Ursula von der Leyen are negotiating with US President Joe Biden again and again these days. What the Commission wants to do itself will soon be set out in the Net Zero Industry Act, of which a first draft is now available.
By Markus Grabitz
The development and expansion of a European charging infrastructure is considered one of the EU's most important projects for the future in order to decarbonize transport by road, water and air. But the trilogue on the AFIR Fit for 55 dossier is stalling badly.
By Lukas Knigge
The negotiators will meet next Monday for the trilogue on the Renewable Energies Directive. The status of nuclear energy will be negotiated – an explosive political discussion that will take us right up to the Franco-German border.
By Claire Stam
The majority needed to phase out internal combustion vehicles in 2035 is in question. In the Council of Ministers on Tuesday, Germany could derail what was still a consensus in the October trilogue agreement. The FDP sees the blame with the Commission and an unfulfilled recital.
By Lukas Knigge
