Brussels approves 8 billion euros in new subsidies for "Made In Europe" microchips
The European Union hopes to increase domestic semiconducto...

EU institutions have been hit by a number of scandals in recent months, including alleged high-level corruption in the European Parliament.
The European Commission proposed on Thursday the creation of a new ethics body to set standards of behavior across EU institutions after their image was damaged by a corruption scandal.
According to recent polls, 60% of Europeans are dissatisfied with the way the EU is dealing with corruption.
In an interview with Euronea, V?ra Jourová, the Vice-President of the European Commission responsible for rule of law issues, said that she understands why people think this way, but that the new proposals are an attempt to change course.
The new body is expected to set standards for accepting gifts, hospitality or travel provided by third parties, as well as for meetings with lobbyists and on financial interests to declare.
It will apply to at least nine institutions including the Commission, Parliament and Council, as well as the European Central Bank, the European Court of Auditors, the Economic and Social Committee, the Committee of the Regions, the Court of Justice of the European Union and the European Investment Bank. Other bodies may seek to be involved.
It will consist of a chairman, one member for each participating institution and five independent experts chosen by the participating institutions.
Shari Hinds, a policy officer at Transparency International, said the body falls short of civil society's expectations, given that it will have no investigative powers.
The new body with representatives from institutions and five independent experts will seek to agree on common standards before the European elections in June 2024./ CNA.al
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