By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Viral Trending contentViral Trending content
  • Home
  • World News
  • Politics
  • Sports
  • Celebrity
  • Business
  • Crypto
  • Gaming News
  • Tech News
  • Travel
Reading: ‘Era of government stability is over,’ says EU Parliament President
Notification Show More
Viral Trending contentViral Trending content
  • Home
  • Categories
    • World News
    • Politics
    • Sports
    • Celebrity
    • Business
    • Crypto
    • Tech News
    • Gaming News
    • Travel
  • Bookmarks
© 2024 All Rights reserved | Powered by Viraltrendingcontent
Viral Trending content > Blog > World News > ‘Era of government stability is over,’ says EU Parliament President
World News

‘Era of government stability is over,’ says EU Parliament President

By Viral Trending Content 4 Min Read
Share
SHARE

Roberta Metsola told a bloc beset by weak growth and flimsy coalitions it needs to unite – and suggested Brussels might have got a landmark law on artificial intelligence wrong.

“Extremely flimsy” EU governments are crippling the bloc’s unity as its economy races to catch up with the US, European Parliament President Roberta Metsola warned on Thursday.

Metsola, a Maltese centre-right MEP, questioned landmark new laws on artificial intelligence, saying the bloc’s overenthusiasm for regulation could endanger creativity.

The “long era of government stability is over,” Metsola said, citing Angela Merkel’s departure after 16 years in charge of Germany, and EU prime ministers in “extremely flimsy coalitions”.

Recent European elections saw a rise in support for the extremes, and a number of European leaders – including France’s Emmanuel Macron and the Netherlands’ Dick Schoof – are now explicitly or tacitly supported by parties in the far right.

Politicians in the centre ground “spent far to long … thinking our voters no matter what are going to vote for us anyway,” she said, adding: “We learned that the hard way they didn’t … they just want to protest.”

Europe could regain its strength by overcoming its political differences – irrespective of who’s in the White House, she suggested.

“No matter what happens on Tuesday we will have a new [US] president in January … that matters,” she said, adding: “We should not be naive into thinking that the last four years were perfect for the EU … fragmentation at home is also something we need to deal with.”

Metsola, who chairs sessions of the Parliament’s 720-strong MEPs, also called for a pause on a packed EU legislative agenda which some fear could be constraining competitiveness.

“For us it is clear, and this is not only in the financial and economic sector, that we need to stop and take stock,” she said, addressing a banking conference in Madrid.

The “jury’s still out on whether we found this balance” in regulating artificial intelligence, she said of a pioneering, but not yet implemented, law that seeks to control the technology. 

The AI Act aims to regulate systems according to the risk they pose to society. It entered into force early August, and takes effect between one and three years later.

“Can something that it is still essentially growing, that is going to take over a big chunk of our lives, to take over the way the world works, be regulated or not?” she asked.

“My concern is that we could have the first ever piece of legislation, but if that is going to stifle innovation and creativity … then we are restricting ourselves,” she said.

She also set out a positive European regulatory agenda, saying that continuing restrictions to cross-border loans and differences in fund taxation would only widen Europe’s competitiveness gap with the US.

You Might Also Like

Thirteen killed as hospital shelled in besieged Sudan city, BBC told

Today in History: October 9, Che Guevara executed

Russia is waging a ‘grey zone campaign’ against Europe, warns von der Leyen

UN to cut 25% of global peacekeeping force amid US funding shortfall

Germany's Munich Airport reopens after second closure in less than 24 hours due to drones

TAGGED: Europe
Share This Article
Facebook Twitter Copy Link
Previous Article The Jaguars have traded LT Cam Robinson to the Vikings in exchange for draft compensation
Next Article Undetectable AI vs. Quetext: Do They Have What It Takes?
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -
Ad image

Latest News

Valve’s New VR Headset Has Entered Production, Set for Launch Later This Year – Rumour
Gaming News
Thirteen killed as hospital shelled in besieged Sudan city, BBC told
World News
Elon Musk's record Tesla package will pay him tens of billions even if he misses most goals
Business
Doja Cat Denies Responsibility For Deleted Fortnite Post About Sex Toys, Calls It ‘Cringe’
Gaming News
Accessibility start-up DevA11y bags €2m to expand team, scale US presence
Tech News
Climbing the ladder: Wealth mobility is eluding Britain’s middle class
Business
Today in History: October 9, Che Guevara executed
World News

About Us

Welcome to Viraltrendingcontent, your go-to source for the latest updates on world news, politics, sports, celebrity, tech, travel, gaming, crypto news, and business news. We are dedicated to providing you with accurate, timely, and engaging content from around the globe.

Quick Links

  • Home
  • World News
  • Politics
  • Celebrity
  • Business
  • Home
  • World News
  • Politics
  • Sports
  • Celebrity
  • Business
  • Crypto
  • Gaming News
  • Tech News
  • Travel
  • Sports
  • Crypto
  • Tech News
  • Gaming News
  • Travel

Trending News

cageside seats

Unlocking the Ultimate WWE Experience: Cageside Seats News 2024

Valve’s New VR Headset Has Entered Production, Set for Launch Later This Year – Rumour

Investing £5 a day could help me build a second income of £329 a month!

cageside seats
Unlocking the Ultimate WWE Experience: Cageside Seats News 2024
May 22, 2024
Valve’s New VR Headset Has Entered Production, Set for Launch Later This Year – Rumour
October 9, 2025
Investing £5 a day could help me build a second income of £329 a month!
March 27, 2024
Brussels unveils plans for a European Degree but struggles to explain why
March 27, 2024
© 2024 All Rights reserved | Powered by Vraltrendingcontent
  • About Us
  • Contact US
  • Disclaimer
  • Privacy Policy
  • Terms of Service
Welcome Back!

Sign in to your account

Lost your password?