EU
Germany’s hydrogen needs and production will increase
Germany has updated its hydrogen strategy to reflect new ambitions amid the Ukraine war and energy transition
GermanyBank tax will raise market concerns over Italy
The Italian government will impose a one-off 40% tax on bank assets
ItalyEU fiscal rule reform will raise member-state tensions
The European Commission proposal for EU fiscal rule reform will be debated with the aim of being passed by end-2023
InternationalDSA will alter social media market in the EU
The EU's Digital Services Act (DSA) takes effect on August 28; major online social media have to comply
EUSweden’s NATO entrance could be delayed further
Turkey said its approval of Sweden’s NATO accession was conditional on Sweden preventing Quran burning incidents
SwedenLong commercial property downturn has lasting impacts
Refinancing risks are rising in commercial property; long-run structural changes are hitting office and retail hardest
InternationalEU-US code of conduct on AI will have global influence
The EU and Washington are working to develop a voluntary code of conduct on artificial intelligence (AI)
EUCMA and Microsoft will both claim win over acquisition
The UK competition watchdog will revisit the Microsoft-Activision deal, which it rejected in April
United Kingdom
