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The French government has introduced a stringent budget plan for 2025, targeting a deficit reduction through significant public spending cuts and tax hikes. Aiming to save 60 billion euros, the plan includes 2,200 job cuts predominantly in education and substantial reductions in the Ministry of Sports, justified by the end of the Olympic Games. In a bid to mitigate the financial crunch, the plan proposes "exceptional and temporary" tax increases on the wealthy and large corporations. Furtherm..

The European Union finds itself in a precarious position regarding its relationship with China, as it grapples with conflicting interests of protecting its markets and attracting foreign investments. In 2022, direct Chinese foreign investment in the EU fell by 10%, signaling a cooling economic partnership. Key sectors targeted by China, including automotive and biotechnology, are now at the forefront of EU-China negotiations. Despite resistance from Germany, the European Commission has decided..

In a landmark decision, a judge in Georgia has struck down a restrictive abortion law that banned the procedure after the detection of a fetal heartbeat. This law, passed by conservative Republicans in 2019, came into effect in 2022 following the Supreme Court's overturning of Roe v. Wade. The controversial law prohibited abortions as early as six weeks into pregnancy, a time when many women are unaware they are pregnant. Judge Robert McBurney of Fulton County ruled that the law violated the c..

Google has lodged a formal antitrust complaint against Microsoft with the European Commission, accusing the tech giant of anti-competitive practices in the cloud services market. The complaint highlights Microsoft's alleged coercion of customers into purchasing Azure by manipulating licensing terms for Windows Server, which reportedly imposes significant costs on rivals. This move comes as Google struggles to maintain its position in the cloud sector, lagging behind market leaders Amazon Web S..

A significant coalition of over 100 companies, including tech giants like OpenAI, Microsoft, and Amazon, has signed a voluntary AI Pact aimed at ensuring compliance with the forthcoming EU AI Act. This initiative seeks to facilitate the sharing of best practices, enhance AI literacy, and identify high-risk systems through workshops spearheaded by the EU's AI Office. The Pact emphasizes peer-to-peer networking and commitments that signatories must adhere to over the next year. Despite strong in..

The European Commission is intensifying its scrutiny of Apple, focusing on the company's compliance with the Digital Markets Act (DMA). This regulatory framework aims to ensure fair competition by mandating interoperability among devices. Central to the Commission's concerns are Apple's App Store restrictions, which allegedly impose unfair fees on non-Apple music services. In response, the consumer group Euroconsumers has initiated a class action to reclaim €62 million for affected users. The..

The Court of Justice of the EU has ruled against Booking.com, declaring its price parity clauses illegal. This decision marks a significant step in addressing the company's dominant position in the market, categorizing it alongside major tech giants like Apple and Amazon as a 'gatekeeper'. National authorities and the European Commission have imposed fines on Booking for violating the Treaty on the Functioning of the EU and the LDC, which has prompted the company to eliminate its price restric..

Amid escalating trade tensions, EU Trade Commissioner Valdis Dombrovskis and Chinese Commerce Minister Wang Wentao are holding crucial talks in Brussels. The discussions center around proposed tariffs of up to 35.3% on Chinese electric vehicles, aimed at protecting European automakers from unfair competition. Wang's visit follows meetings with German and Italian officials, as the EU member states prepare for a decisive vote. The debate is underscored by broader geopolitical issues, including C..

A wave of stricter anti-smoking regulations is sweeping across Europe. Sweden now bans smoking on restaurant and bar balconies, while France plans to prohibit smoking on beaches, public gardens, and outside schools. The EU recommends banning cigarettes, e-cigarettes, and heated tobacco in outdoor areas like playgrounds and healthcare facilities to protect youth from second-hand smoke and nicotine addiction. The goal is to achieve a 'tobacco-free generation' by 2040. Countries like Ireland and..

The port of Zeebrugge in Belgium currently faces a significant backlog of Chinese electric vehicles due to a combination of oversupply and high tariffs imposed by the European Union. Anne Degrauw oversees the processing center, which has seen an influx of vehicles, with reports indicating that up to three million cars are handled annually. Despite advancements in technology, the demand in Europe remains weak, resulting in many vehicles remaining unsold. François Simonart, a sales manager at I..