European Parliament Passes Law to Restrict Cash Payments to €10,000
The European Parliament has voted to impose a €10,000 limit on cash payments within the European Union
The European Commission wants to tighten the rules for the processing of personal data from electronic services such as WhatsApp, Facebook Messenger, Skype, Gmail, iMessage and Viber.
The current directive on the right to privacy concerns only traditional long-distance communications operators but the EC insists that it should include the providers of electronic services as well.
Moreover, the right to privacy should include not only the content but the metadata of messages (for example, the time and location of the consumer).
According to EC proposals, metadata should be anonymised or deleted unless consumers have given their explicit permission to the effect of something else. In practice, this would mean that services like Gmail and Hotmail will not have the right to scan the content of e-mails in order to target advertisements towards their customers, announced Reuters.
Brussels would also like to ban all spam – electronic letters, short message service (SMS) and, in practice, telephone calls, unless customers have given their permission to that effect.
Member-states can choose an option which gives customers the right to object to receiving voice mails with the purpose of market research – for example, by registering their number on a list of prohibited telephone numbers
When market research is being conducted over the phone, the telephone number of the person carrying out the research should be visible or there should be a special prefix showing that the call is being made with the purpose of market research.
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The European Parliament has voted to impose a €10,000 limit on cash payments within the European Union
French President Emmanuel Macron issued a stark warning to Europe, urging the continent to confront the challenges of a rapidly changing world
The European Parliament has approved the EU's inaugural directive aimed at regulating the employment rights of individuals working through online platforms
As the Hungarian forint experiences volatility, German investors are increasingly advocating for Hungary to adopt the euro, reaching the highest level of support in over a decade
Eurostat data indicates that Greece (161.9%), Italy (137.3%), France (110.6%), Spain (107.7%), and Belgium reported the highest public debt-to-GDP ratios among EU member states by the conclusion of 2023
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