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Image header Agence Europe
Europe Daily Bulletin No. 13629
Contents Publication in full By article 6 / 28
SECTORAL POLICIES / Industry

EU will not be able to produce 20% of world semiconductors by 2030, according to European Court of Auditors

The targets set by the ‘Chips Act’ (see EUROPE B12886A1) for increasing semiconductor production capacity in Europe are not achievable, according to a report published on Monday 28 April by the European Court of Auditors. The European Commission forecasts an 11.7% share of the world market by 2030, a far cry from the ‘Chips Act’ target of 20%. In response to the report, the European Commission pointed out that it had already committed 85% of the budget earmarked for the ‘Chips...

Contents

ECONOMY - FINANCE - BUSINESS
TAXATION: US withdrawal from corporate minimum tax reform - EU Member States considering a solution
ECONOMY: Germany activates national escape clause of Stability Pact
ECB: dollar-backed stable coins - Luis de Guindos advocates “revisiting” ‘MiCA’ Regulation
STATE AID: European Commission approves German State aid of €321.2 million for Condor airline
INSTITUTIONAL
EPP: European Christian Democrat family “ready to lead Europe in years to come”
SECTORAL POLICIES
INDUSTRY: EU will not be able to produce 20% of world semiconductors by 2030, according to European Court of Auditors
DIGITAL: European Commission will not back down on implementation of Code of Practice for general-purpose AI models
DIGITAL: several European data protection authorities are concerned about Meta’s resumption of AI training programme
ENERGY: Europe is closely monitoring giant power cut in Iberian peninsula
ENERGY: electricity prices - split of Germany-Luxembourg bidding zone would offer best economic efficiency, according to ENTSO-E
ENERGY: Strategic Perspectives highlights “geopolitical gamble” of replacing Russian gas with American LNG
ENERGY: ACER calls for improved data quality in amended ENTSO-E Balancing Monitoring Plan
CLIMATE/DEFENCE: Bruegel think tank identifies seven areas where agendas of two sectors converge, so that they no longer opposed each other
TRANSPORT: European aviation traffic and emissions have almost returned to pre-pandemic levels, according to T&E
SECURITY - DEFENCE
NATO: European and Canadian Allies spent 19.4% more on defence in 2024 than in 2023
EXTERNAL ACTION
LIBYA: EU Council amends European Union sanctions in line with United Nations decision
SOCIAL AFFAIRS - EMPLOYMENT
EMPLOYMENT: Europe’s workplace stress kills around 10,000 people a year, according to a new study
COUNCIL OF EUROPE
MIGRATION: Council of Europe warns of risks of trafficking for migrants in Cyprus
HUMAN RIGHTS: French judge Mattias Guyomar elected President of European Court of Human Rights
NEWS BRIEFS
ARMENIA: Kaja Kallas to visit country soon
CANADA: after attack, EU expresses solidarity with country
CHINA: EU imposes definitive countervailing duty on Chinese mobile access equipment
DEVELOPMENT: “We must mobilise private capital”, Jozef Síkela insists to World Bank and IMF
EDUCATION: Erasmus +, call for contributions to improve digitalisation
ENVIRONMENT: European Commission’s proposals for revising REACH regulation too similar to those of chemical industry, according to EEB
GUATEMALA: EU deeply concerned by detention of Vice-Minister Luis Pacheco
RESEARCH: League of European Research Universities opposes civilian and miliary redirection of budget dedicated to Framework Programme
Kiosk
KIOSK: No. 127