A national law cannot invalidate, by a retroactive, general and automatic rule, credit agreements concluded with foreign lenders

In 2007, Ms Anica Milivojević, a Croatian national, concluded with Raiffeisenbank, which has its registered office in Austria, a non-renewable credit agreement in the sum of €47 000 in order to have renovation work carried out in her home, more particularly to create apartments in it for letting. The loan was taken out using an … Continue reading A national law cannot invalidate, by a retroactive, general and automatic rule, credit agreements concluded with foreign lenders

Free flow of data: EU adopts new rules

The Council today signed off on the reform that will bring down barriers to the free movement of non-personal data within the EU. The new rules are designed to boost the data economy and the development of emerging technologies such as cross-border autonomous systems and artificial intelligence. A provisional deal was concluded with the European Parliament on 19 … Continue reading Free flow of data: EU adopts new rules

Europe Dominates New Ranking on Business Talent

Europe is home to nine of the 10 economies worldwide that are best equipped to develop, attract and retain business talent, a major new study has highlighted. Only Hong Kong challenges the continent's grip on the top spots in the latest World Talent Ranking, a prestigious annual report by leading global business school IMD. The … Continue reading Europe Dominates New Ranking on Business Talent