EU

When the digital avatar “Diella” was launched by the Albanian government last year, its purpose was clear: to serve as an incorruptible public servant in a country known for widespread corruption, according to new reporting by The New York Times. 

European Union foreign policy chief Kaja Kallas is preparing to push for new sanctions on Iran following a security crackdown that has “reportedly claimed hundreds of lives” since protests began nearly two weeks ago, Euronews reported Monday. 

European banks could cut more than 200,000 jobs over the next five years as lenders accelerate adoption of artificial intelligence and continue closing branches, according to estimates cited by the Financial Times.

The EU’s Anti-Money Laundering Authority (AMLA) on Thursday published draft technical standards intended to unify how financial supervisors assess risks and how the supervisory body will select the “most complex” high-risk institutions and groups it will directly oversee. 

European lawmakers will push for wildlife trafficking to be recognized as organized crime by 2030 and for tougher global enforcement at next month’s United Nations meeting on endangered species, Euronews reported. 

European Union lawmakers voted Monday to dramatically scale back two flagship sustainability rules, narrowing their scope to the bloc’s largest companies after months of pushback from industry, Bloomberg reported.