From 25 May 2018 the GDPR will introduce a comprehensive reform of the data protection regulations all across Europe. The administrative fines are the central elements of the new enforcement regime, being a powerful tool in the hands of the supervisory authorities. The Article 29 Data Protection Working Party (“Working Party”) has adopted guidelines on the application and setting of administrative fines for the purposes of the GDPR (“Guidelines”) in the end of 2017.
Countries on the grey list (which includes 47 jurisdictions) have committed to changing their tax rules to abide by EU standards on transparency and cooperation. However, if these countries fail to respect their engagements, they can be moved back to the blacklist.
Europe’s transition to a clean and modern economy is the goal of the Energy Union. In January 2018 the EU decided to support 17 selected electricity and gas projects to upgrade and make the European energy system more competitive that will ultimately deliver cheaper and secure energy to all European consumers.
Every year around 25 million tons plastic waste is generated across the EU, but only 30% is collected for recycling. Therefore, in January 2018 the European Commission adopted the first-ever European strategy on plastics to protect the environment from plastic pollution and to promote the transition to a circular economy EU and at national levels.
Fighting cartels in public procurement requires 21st century tools. The Hungarian Competition Authority (GVH) and the Public Procurement Authority of Hungary (KH) cooperate to promote fair competition in public procurement procedures.