Thursday

24th May 2018

Ticker

EU to start process to counter US Iran sanctions

The European Commission will begin the process on Friday of applying a 'blocking statute' against potential US extraterritorial sanctions on EU companies that operate in Iran, commission president Jean-Claude Juncker said Thursday at an EU summit in Sofia. The 1996 regulation allows companies to ignore penalties issued by certain non-EU jurisdictions. Juncker also said the European Investment Bank will "facilitate investment between Europe and Iran".

Analysis

GDPR does not (yet) give right to global oblivion

The 'right to be forgotten' will become enshrined in EU law on Friday, but it is not yet clear to what extent it will apply. Will the EU's law determine how the internet looks globally?

News in Brief

  1. Gazprom accepts EU conditions on gas supplies
  2. Facebook tells MEPs: non-users are not profiled
  3. Commission proposes ending France deficit procedure
  4. UK households hit with Brexit income loss
  5. Report: EU faces 10% cut in steel exports to US
  6. Australia wants more access to EU agricultural market
  7. CV of Italian PM candidate under scrutiny
  8. Puigdemont Spain extradition rejected by German court

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Latest News

  1. GDPR does not (yet) give right to global oblivion
  2. Privacy Shield less relevant given GDPR, says data chief
  3. Unknown academic to lead Italy into EU clash
  4. 'Killer robot' projects eligible for EU defence fund
  5. Funding for European values needs radical changes
  6. Feeble EU format deflates Zuckerberg 'hearing'
  7. Are EU data watchdogs staffed for GDPR?
  8. EU pessimistic on permanent US trade exemption