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A fraudulent pyramid scheme was taken down by authorities from Germany, Switzerland, Austria, Czechia, Lithuania and Liechtenstein, with the support of Eurojust and Europol. The organised crime group (OCG) used an investment model that focused on the leasing and subleasing of cryptocurrency machines, such as exchange machines and hardware for mining. The suspects were able to target thousands of victims, causing losses of up to EUR 113 million. During an action day on 11 June, six arrests were made, 29 searches were conducted and the suspects’ assets were frozen.
The European Investment Bank (EIB) will provide advisory support to Natsionalna Elektricheska Kompania EAD (NEK), Bulgaria’s national electricity company, in preparing the construction of two large pumped-storage hydropower plants in the southwestern part of the country.
The Council today reached an agreement on strengthening the EU’s rules on retail investor protection. The retail investment package aims to support individual consumers who wish to invest on the EU’s capital markets, by better protecting their investments, providing them with clearer information about investment products and ensuring more transparency and disclosure.
Press briefing ahead of the Transport, Telecommunications and Energy Council (Transport) will take place on Thursday 13 June 2024 at 9.30.
European Commission Daily news Brussels, 12 Jun 2024 La Commission présente le plan commun de mise en œuvre du pacte sur la migration et l'asile
Après la conclusion d'un accord historique sur le pacte sur la migra...
European Commission Press release Brussels, 12 Jun 2024 Today, the Commission has endorsed a positive preliminary assessment of Croatia's fifth payment request for €821.7 million (net of pre-financing) under the Recovery and Resilience Facility, the centrepiece of NextGenerationEU.
Press briefing ahead of the upcoming Environment Council will take place on 14 June 2024 at 15.00.
Société du Tour de France v EUIPO - FitX (TOUR DE X)
Intellectual and industrial property
Trade mark law: the action brought by Société du Tour de France against registration of the trade mark Tour de X is dismissed