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...Though the AI Act was agreed this month, the law still needs to be ratified by member states in the coming weeks....
...Isabel Schnabel is the most hawkish member of the ECB’s six-person executive board....
...Other member states are waking up to the implication of the law they passed, too....
...Cipollone’s speech in Brussels establishes him as one of the most dovish members of the ECB board....
...investment in artificial intelligence, quantum computing, space, biotechnology, nuclear power and hydrogen production, saying the bloc needed subsidy instruments that were as easy to deploy as the tax credits...
...company, Scope Group, and a member of its advisory board....
...Back in March 2022, EU leaders committed to set deadlines for phasing out export credit to fossil fuels by December 2023....
...The Customer Union for Ethical Banking, the independent union for Co-op’s customers, said a successful deal would “align perfectly with our dual goals: preserving the bank’s world-leading ethical standards...
...Last week ended with an important development in Brussels, where representatives of EU member governments reached agreement on a revised draft of the landmark Corporate Sustainability Due Diligence Directive...
...They don’t rely on an EU competitor company or member state government kicking up a fuss....
...Noom was last valued at $3.7bn in 2021, and is likely to go public this year, according to PitchBook....
...Isabel Schnabel, ECB executive board member, told the Financial Times this month that lower borrowing costs and increased lending could cause inflation to “flare up again”....
...At some point, this risks leaving lenders without sufficient reserves and could cause unwanted volatility in short-term borrowing costs and even a credit crunch....
...This is the challenge that the projects of Banking Union and Capital Markets Union are supposed to address but so far have not. The single market is also incomplete in its political functions....
...Jacob Werksman, the EU’s chief climate negotiator, along with representatives from the European Commission and EU member states — attended the late-night carbon market negotiations in a show of support....
...credit of the commission, [and its president] Ursula von der Leyen,” said Merz....
...The Communication Workers Union said: “Handing over the ownership of one of the UK’s most prestigious institutions to a foreign equity investor cannot be right.”...
...Extreme weather risked causing “reduced tax revenues, increased government expenditure, lower credit ratings and increased cost of borrowing”, it added....
...Italy has used nearly €14bn of its recovery funds to partially finance a tax credit scheme for building renovation, which has a total price tag of €100bn to date....
...Officials also said Rome should have used the 1 per cent of GDP saved from ending energy subsidies to pay down debt instead of funding green tax credits....
...“You have to have a smart selflessness, and give credit to Trump when it’s due,” said Oana Lungescu, Nato’s chief spokesperson from 2010 to 2013....
...But once these artifices were no longer possible with the process of convergence towards monetary union, GDP stopped growing....
...Coventry, which has about 2mn members across the UK, said: “We remain open to opportunities that may enhance the value and services we offer to our current and future members, but we don’t comment on any...
...Crucially, the option would not require guarantees from all the EU’s 27 member states, as long as the main participants included countries with top credit ratings....
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