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The recent launches of artificial intelligence (AI) tools capable of generating direct textual answers to questions, notably the chatbot ChatGPT, and the development of general-purpose AI technologies, are expected to revolutionise the application of AI in society and the economy. New AI tools in general offer massive potential for developments in industry, agriculture, health, education and other areas. However, many scientists and politicians are calling for the establishment of a legal and ethical ...

This joint workshop gave members of the BUDG and CONT Committees an overview of global efforts to finance the fight against climate change and of the EU’s role in this context. Key findings were:  The EU’s contribution, both regulatory and financial, is consid-erable and exceeds its ‘fair share’;  However, a significant gap remains between actual commit-ments globally and the agreed funding level of USD 100 bil-lion per year;  Even more funding will have to be mobilised, including from private ...

These proceedings summarise the presentations and discussions of the workshop on ‘long COVID’ organised for the European Parliament’s Special Committee on the COVID-19 pandemic on 9 March 2023. The six presentations touched, inter alia, upon the current state of knowledge on the disease’s clinical profile, potential causes and underlying mechanisms, impacts on patients and society, and lessons to be learned from post-acute infection syndromes and chronic diseases. The speakers and Members could discuss ...

The Monthly Highlights publication provides an overview, at a glance, of the on-going work of the policy departments, including a selection of the latest and forthcoming publications, and a list of future events.

Uncertainty is growing over the recovery of the European economy from the recession generated by the Covid-19 pandemic. The European Commission has painted an optimistic growth scenario in its most recent forecast, with the economy expected to expand by 5 per cent and 4.3 per cent in 2021 and 2022 respectively. However, an increasing number of analysts see the potential for growth dampened by new restrictions in the run-up to Christmas this year given a fourth/fifth wave of the pandemic currently ...

Prospectuses for investors

Briefing 31-07-2017

On 30 November 2015, the European Commission published a proposal for a regulation on prospectuses (legal documents that provide details about an investment offer in an easily analysable format) to replace Directive 2003/71/EC, as amended by Directives 2008/11/EC, 2010/73/EU and 2010/78/EU. The aims of the regulation are to contribute to further financial market integration and to improve investor protection in the European Union. The proposal broadens the scope of the legislation and introduces ...

Prospectuses for investors

Rövid áttekintés 29-03-2017

Prospectuses are legally required documents presenting the information necessary to enable investors to make an informed assessment of the situation of an issuer and of the rights attached to the securities issued. The EU's co-legislators have reached an agreement on the draft regulation to replace the current directive. This compromise is scheduled for a vote at the April I plenary session.

Prospectuses for investors

Briefing 10-05-2016

On 30 November 2015, the European Commission published a proposal for a regulation on prospectuses (legal documents that provide details about an investment offer in an easily analysable format) to replace Directive 2003/71/EC, as amended by Directives 2008/11/EC, 2010/73/EU and 2010/78/EU. The aims of the regulation are to contribute to further financial market integration and to improve investor protection in the European Union. The proposal broadens the scope of the legislation and introduces ...

The 2008-09 financial crisis and the ensuing recession have prompted the euro area and the European Union to start overhauling their economic governance system. They established three authorities to better supervise the financial markets, improved mechanisms to oversee and coordinate fiscal policies, created procedures to correct economic imbalances, and launched a Banking Union. The euro-area countries created rescue funds for countries in economic trouble. The reform process continues and is high ...

The recent interview by Jean-Claude Juncker, President of the European Commission, in which he advocated 'a joint EU army' as a means to strengthen European foreign policy and 'allow Europe to take on responsibility in the world' has revived an on-going debate in think-tank and academic circles about how to maximise the effectiveness of existing national and Europe-wide efforts in the field of Common Security and Defence Policy (CSDP). The European Council adopted an extensive set of conclusions ...