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EU-US data transfer pact faces legal hurdles

Location:

EU/US

The Framework’s adoption would be facilitated by the possible passage in the United States of a long-awaited federal consumer privacy law. European data protection authorities…

Schrems ruling spells tough trade-offs for digital EU

Location:

EUROPE

While primarily focused on clarifying the limits and safeguards around US government access to personal data within the United States, the White Paper could be seen as hardening…

Greece's TARGET2 balance could bring broader losses

Location:

EURO-AREA/GREECE

Exposure of euro-area countries to Greece through TARGET2.

Russia and EU in final phase of rubles-for-gas contest

Location:

RUSSIA

EU states have said previously that payment must be in euros or dollars, as stipulated in contracts. A new advisory note from the Commission suggests that buyers could comply with…

ECJ ruling further dims EU-US data protection outlook

Location:

EU/US

The ECJ ruling could add to potential disruptions to transatlantic commercial data flows arising from the EU's developing data protection regime that a study for the US Chamber of…

New Greek government right or left will undo austerity

Location:

GREECE

The Syriza government, trailing by a margin of around 10 percentage points (pp), has abandoned its commitment to creditors to reduce pensions and taxes in exchange for debt relief…

Natural disasters may boost Latin America remittances

Location:

LATIN AMERICA

Remittance inflows in 2017.

Activists will test EU-US 'Privacy Shield' deal

Location:

EU/US

The European Commission and the US government on February 2 announced a political agreement in principle on rules to govern the transfer of data between them: the EU-US Privacy…

Hungary’s corruption will impede economic development

Location:

HUNGARY

That amounts to 8.7% of GDP. Abuse of public procurement due to cronyism has become an integral part of the Orban government, with the transfer of huge amounts of public funds…

Bilateral will dominate Gulf UK and EU trade advances

Location:

GULF STATES

The post-Brexit United Kingdom is eager to conclude economic agreements across the world under its promise to deliver a ‘Global Britain’. The EU wants to increase its visible…