NET4EXA: Advancing European Interconnect for HPC and AI

Interconnection networks are crucial to a supercomputer’s performance, acting as its backbone. Without a robust interconnect, even the most powerful systems would struggle to keep up with the demands of modern HPC and AI workloads. By linking supercomputer components like processors and storage with ultra-fast networks, interconnect technologies manage large-scale connections, support parallel tasks, and … Leer más

Forward look: 16 – 29 December 2024

Overview of the main topics and events at the Council of EU and European Council for the coming fortnight. The Council’s General Secretariat will be closed between 23 December 2024 and 2 January 2025. The next issue of the Forward Look will be published on 10 January 2025. Foreign Affairs Council, 16 December 2024 The … Leer más

In an opinion adopted in plenary, the European Economic and Social Committee (EESC) has called for reforms to unlock the full potential of securitisation in the EU. By boosting investment and improving access to credit, the EESC aims to make securitisation a key tool in achieving the EU’s economic goals –especially its green transition and … Leer más

Italy: EIB provides €100 million for Marcegaglia’s decarbonisation and innovation strategy

EIB EIB financing aims to boost Marcegaglia’s energy efficiency and support efforts to decarbonise and automate processes. The investments to be made by 2028 will impact the main plants in Ravenna, Gazoldo degli Ippoliti (Mantua) and San Giorgio di Nogaro (Udine). Today the European Investment Bank (EIB) has announced €100 million in financing for Marcegaglia, the Mantua-based steel group. This operation … Leer más

How you scroll matters: passive social media use linked to loneliness

Passive consumption of social media seems to reinforce feelings of disconnection, according to a JRC policy brief which examines the relationship between social media use and loneliness.  Social media has become an inescapable part of daily life. It facilitates global connectivity, allowing individuals to engage in conversations, collaborate, and share thoughts, photos, and ideas. It … Leer más

EU auditors give their opinion on the evaluation of the External Action Guarantee

The European Court of Auditors has today provided its opinion on the European Commission’s evaluation of the EU External Action Guarantee. The auditors assessed the completeness and quality of the Commission’s evaluation, highlighting several shortcomings and suggesting ways of improving the next evaluation. Through the External Action Guarantee (EAG), the EU can guarantee financial and … Leer más

Transatlantic cocaine trafficking route by air and sea halted: 23 arrests

A joint operation in Brazil and Italy has led to the arrest of 23 members of a cocaine trafficking network linked to mafia families in Italy. The three criminal groups running the drug smuggling operation used cargo ships and private aircraft to transport large quantities of cocaine to Europe. Eurojust and Europol supported the investigations … Leer más

Council and Parliament reach deal on financial benchmarks

Today, the Council and the European Parliament reached a provisional agreement on a proposal to streamline benchmark authorisation and registration requirements, and to alleviate the burden on EU companies, particularly SMEs (smaller benchmark administrators and benchmark users). The provisional agreement needs to be confirmed by both institutions before being prepared for formal adoption. Benchmarks are … Leer más

As the EU accelerates its drive toward climate neutrality, the European Economic and Social Committee (EESC) has issued a clarion call for a coordinated, fair and inclusive transition. In an opinion adopted during its December plenary, the EESC underscores the urgent need to ensure that no one is left behind as Europe reshapes its economy … Leer más