After a marathon meeting, European leaders have agreed a €750bn package to help Europe recover economically from COVID-19. €390bn will be distributed in grants to member states that have been particularly hard hit and a further €360bn will be made available in low interest loans. Leaders also agreed a new seven-year budget which totals €1.074tn.
On 11 December 2019, the President of the European Commission, Ursula von der Leyen, hailed “Europe’s man on the moon moment”. She was referring to the European Green Deal. The deal is an unprecedented plan, spearheaded by von der Leyen and her Vice-President Frans Timmermans, to transform the EU’s 27 Member States into a region defined by its sustainable development and low carbon economy. It charts a course for the EU bloc to be carbon neutral by 2050. But for this to happen, a lot will have to change.
The UK is in the process of finding out what Brexit really means. The result of the 2016 EU referendum is being decided by talks between 100 EU negotiators and their 100 British counterparts. What will these negotiators make of Brexit? Where will there be compromises? Who will get the best deal?
The Italian Supreme Court’s recent judgment of a dispute between two Italian cosmetic companies, Kiko and Wycon, is the latest case driven by the landmark Cofemel decision. It expands copyright law in Italy with a ruling protecting store experience as well as store design.