Steel is one of Europe's essential strategic sectors and plays a vital role in providing products and services to a wide-range of Europe’s industrial ecosystems.
Already for some time and especially since spring 2021, widespread and abrupt chip shortages have been dragging down industrial output across the EU. Sectors like automotive, consumer electronics, 5G technologies, industrial equipment, and medical devices are severely impacted. The drop comes despite a surge in manufacturers' order books and is seriously hampering the post-COVID economic recovery.
The Commission initiative proposes to adapt rules on products to take account of developments linked to the move towards a circular and digital economy on liability for damage caused by new and refurbished products. It also aims at reducing obstacles to getting compensation for damage in order to ensure that injured parties are equally protected throughout the EU.
The purpose of the AI Liability Directive is to lay down uniform rules for access to information and alleviation of the burden of proof in relation to damages caused by AI systems, establishing broader protection for victims (be it individuals or businesses), and fostering the AI sector by increasing guarantees. It will harmonise certain rules for claims outside of the scope of the Product Liability Directive, in cases in which damage is caused due to wrongful behaviour.
The Report on Competition Policy for 2021 presents the key policy developments and legislative initiatives undertaken in 2021, as well as a selection of enforcement actions.
Efficient insolvency laws are one of the key criteria for investors to decide on whether to invest across borders. Increasing confidence in cross-border financing will boost the Union’s capital markets.
This own-initiative opinion will offer an overview of how gender equality and economic empowerment has been built into the RRF Regulation and will focus on gender-oriented public investments and programmes foreseen in NRRPs on targeted recovery plans to support women’s participation in the labour market, while giving concrete recommendations to ensure gender-based investments.
This initiative will require companies to substantiate claims they make about the environmental footprint of their products/services by using standard methods for quantifying them. The aim is to make the claims reliable, comparable and verifiable across the EU – reducing ‘greenwashing’.