BRUSSELS (Reuters) – The European Commission requested for the 27 EU members on Wednesday to carry out a 15-month hazard analysis of outgoing monetary investments in semiconductor, skilled system and quantum improvements, which may result in actions to defend EU monetary safety.
EU members ought to look at monetary investments by their corporations in non-EU nations returning to the start of 2021, providing a report card in July 2025 and a final document in June 2026, the Commission claimed in a non-binding referral launched on Wednesday.
The EU laid out methods a yr in the past to spice up monetary safety with nearer examination of worldwide monetary investments and much more labored with controls on exports and discharges of recent expertise to rivals similar to China.
The methods have been a suggestions to the quite a few threats revealed by the COVID pandemic, Russia’s intrusion of Ukraine, cyber and framework strikes and geopolitical stress, which may improve all through President- select Donald Trump’s 2nd time period.
The EU is particularly nervous by fashionable expertise leak that can be utilized by aggressive military or data options.
“This review of outbound investments will inform a decision on whether further action is needed – at EU and/or national levels – to address any risks identified,” the Commission claimed.
(Reporting by Philip Blenkinsop; Editing by Sharon Singleton)
