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EU looks for technology financial investment evaluation to safeguard financial protection


BRUSSELS (Reuters) – The European Commission asked for the 27 EU participants on Wednesday to perform a 15-month danger evaluation of outgoing financial investments in semiconductor, expert system and quantum innovations, which can bring about actions to shield EU financial protection.

EU participants ought to examine financial investments by their firms in non-EU nations returning to the begin of 2021, offering a report card in July 2025 and a last record in June 2026, the Commission claimed in a non-binding referral released on Wednesday.

The EU laid out strategies a year ago to boost financial protection with closer examination of international financial investments and even more worked with controls on exports and discharges of modern technology to competitors such as China.

The strategies were a feedback to the numerous threats revealed by the COVID pandemic, Russia’s intrusion of Ukraine, cyber and framework strikes and geopolitical stress, which can enhance throughout President- choose Donald Trump’s 2nd term.

The EU is specifically worried by modern technology leak that can be used by aggressive army or knowledge solutions.

“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)



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