Yesterday, Sifted reported that nearly 30 industry leaders and 20 venture capital firms across Europe sent a letter to the European Commission, urging a delay in the AI Act's implementation.
Tomorrow, Denmark takes over the Presidency of the Council of the EU from Poland, leading until December 31, 2025. Here's a look at the key digital priorities on the Danish agenda.
Momentum grows for delaying the AI Act as smaller EU states, Baltic tech groups, and Sweden raise concerns over unclear rules and readiness. While the Commission races to meet the August 2025 deadline, calls to “Stop the Clock” are getting harder to ignore.
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A new front has opened up in Hungary between fintech companies and the traditional banking sector. In June, the Government voted to introduce the transaction tax on fintech players, such as Revolut, Wise, and BINX.
As the US-EU tariff pause nears its July 9 deadline, digital trade talks remain stalled. The EU presses ahead with regulations de facto targeting US tech, sparking tensions over digital sovereignty, market access, and the line between sovereignty and protectionism.
The EU talks simplification, not deregulation. Despite promises to cut red tape, major digital laws like the GDPR and AI Act are likely to remain largely untouched. Cosmetic tweaks and harmonization are the focus, while new regulatory layers resurface under fresh labels.
The Commission's fourth simplification package outlined two digital-oriented changes: simplified record-keeping requirements under the GDPR for larger companies, and the introduction of a ‘digital-first’ principle for product legislation.
Yesterday, the European Parliament’s Committee on the Internal Market and Consumer Protection (IMCO) adopted its opinion on the AI Liability Directive (AILD), calling it “premature and unnecessary”.
Germany has recently established a new Ministry for Digital Affairs and State Modernization, which could help improve its position in the EU's digital race and inspire larger Member States to pursue similar reforms- provided they are granted sufficient political authority.
Last week, David Sacks called for scrapping the AI diffusion rule, warning it alienates allies and risks pushing them toward China. The policy has faced a modest EU backlash.
The EU is aiming towards a Cloud and AI Development Act aiming to triple European data center capacity, cut red tape, and prioritize digital sovereignty - yet challenges like legacy systems, grid strain, and intertia within public administrations remain unaddressed.
