Finland has expressed serious concerns about the vulnerability of undersea internet cables connecting Europe. Following an incident where a cable connecting Santahamina, near Helsinki, to Rostock, Germany, was damaged, Defense Minister Antti Häkkänen emphasized the need for greater protection from p
Early Saturday morning, Austria found itself without Russian natural gas. The halt came after the Austrian energy company OMV announced it would no longer pay for gas from Gazprom, the Russian state-owned gas giant. This decision was made to recoup a $242 million arbitration award won against Gazpro
The European Union is taking a big step towards regulating AI with its draft rules for general-purpose AI models. Big names like Meta, Google, and OpenAI will need to follow these guidelines. You might be wondering, what are these general-purpose AI (GPAI) models anyway? They're like super-flexible
The European Union has slapped Meta, the company behind Facebook, with a massive $840 million fine. This penalty comes from the European Commission, the EU's antitrust watchdog, which found that Meta used its power unfairly in the world of online classified ads. The commission believes Meta took ad
On Thursday, leaders from nearly 50 European countries and neighboring nations met in Budapest, Hungary, for the fifth European Political Community summit. The spotlight was on the war in Ukraine and economic security, especially since Donald Trump was re-elected as U. S. president. European Council
Did you know that trading Bitcoins in the EU doesn't involve VAT? The EU Court set this rule back in 2015 with the "Skatteverket v. David Hedqvist" case. The decision sparked from a Swedish citizen, David Hedqvist, who queried the Swedish Tax Authority about Bitcoin trades. The ruling considers such
Healthcare plays a huge role in Europe's economy. To understand and guess future funding, researchers use mathematical models. Three big ways to look at healthcare funding are: government spending on health as a chunk of GDP, as a slice of all government spending, and how much each person gets. This
Healthcare is a big deal in the European Union (EU). It's one of the most critical parts of the public economy. To understand and predict how much money is spent on healthcare, researchers use different mathematical methods to create models. These models help spot trends and make future predictions.
When Donald Trump secured his victory over Kamala Harris in the 2024 U. S. election, European officials found themselves in a familiar yet uneasy position. Despite months of preparation to shield their economies from potential trade disputes, the reality of a Trump presidency hit hard. Many EU leade
Industrial growth and environmental damage often go hand in hand. A major hurdle is dealing with the waste from hard-to-recycle items like medical supplies. Scientists are searching for new materials that fit into a circular economy, where waste is reduced and everything is recycled. The European Un
