Revolut is rolling out local IBANs and expanding its presence across Western Europe. One of the factors behind this move is to bypass “IBAN discrimination”, where public and private institutions reject foreign account numbers, highlighting gaps in the EU’s Single Market for the financial sector.
The White House says the EU has committed to not introducing network fees, a significant step in transatlantic digital policy talks. While details about the EU's true commitment remain unclear, such fees risk undermining net neutrality and raising consumer costs, as seen in South Korea.
Germany and Austria have launched simple AI service desks to guide companies under the AI Act. The EU’s €2M version, expected by August 2025, will rely on human staff for general guidance (not thorough legal advice) and respond in 12 EU languages within 2 days.
The Hungarians criticize foreign interference in Romanian elections via social media, likening Western platforms to CCP propaganda. This may result in stricter media controls ahead of its 2026 elections.
