Bulgaria will take over the EU Presidency of the European Council on 1 January 2018. It is the first time that Bulgaria has held the presidency and comes six months earlier than originally scheduled because of the withdrawal of the UK from its turn ahead of Brexit. Together with Estonia, which is the current President of the Council, Bulgaria and Austria have agreed an 18-month programme with specific actions in five areas intended to strengthen the European economy. Austria will take over the Presidency from Bulgaria for six months from July 2018. Among the issues of greatest interest to risk managers are e-commerce with its data flow and data protection policies, and environmental sustainability for implications for climate change and natural catastrophe.
The European Commission focuses on reforms and delivery of pending measures in its 2018 Work programme. What will be on the plate of the Juncker Commission next as the EU prepares for Brexit and its longer term future?
The European Commission’s Economic Outlook 2017, published on 14 February, was unexpectedly positive...
With the European Parliament’s agreement on a final text for the General Data Protection Regulation on 17 December 2015, the new European data protection regulation is now likely to enter into force in spring 2018.
In this final version of the regulation, larg