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Sakharov Prize 2024: presentation of candidates

Sakharov Prize 2024: presentation of candidates Sakharov Prize 2024: presentation of candidates
On Thursday, political groups presented their candidates for the 2024 Sakharov Prize during a joint committee meeting. The three finalists...
Read More...

Over 100 companies sign EU AI Pact to foster safe and trustworthy AI development

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  The European Commission announced today that over 100 companies have become the first signatories of the EU Artificial Intelligence (AI)...
Read More...

European Parliament condemns human rights violations in Afghanistan, Belarus, and Cuba

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On Thursday, the European Parliament adopted three resolutions addressing the worsening human rights situations in Afghanistan, Belarus, and...
Read More...

Future European Commission discussed by EP leaders

Future European Commission discussed by EP leaders Future European Commission discussed by EP leaders
European Parliament (EP) leaders held discussions with the Commission President-elect Ursula von der Leyen regarding the structure and portfolios...
Read More...

€2.7 million from European Globalisation Adjustment Fund to aid 365 laid-off workers in Belgium

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The European Commission has proposed a financial package of €2.7 million from the European Globalisation Adjustment Fund for Displaced Workers...
Read More...

European Central Bank cuts interest rates amid slowing growth and cooling inflation

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  On Thursday, the European Central Bank (ECB) announced a quarter-point interest rate cut, marking the second reduction this year following...
Read More...

EU auditors reveal billions in climate funds potentially misallocated in green transition efforts

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  A significant portion of the funds earmarked for EU climate objectives and the green transition may have been misused, according to a...
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The long-awaited Draghi report on EU competitiveness: what to expect

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On November 7, 2023, the European Union (EU) took a significant step towards implementing tighter regulations governing online political advertising. Negotiators representing

the European Parliament and member states reached a consensus late on Monday, resulting in a comprehensive law designed to safeguard individuals' personal data from being employed for unsolicited targeting with political advertisements.

The primary aim of this new regulation is to combat the practice of microtargeting, where advertisers customize their messages to specific audiences by analyzing their online behavior and the personal information shared on social media and other online platforms.

A key aspect of the agreement is the requirement for political advertisers to obtain explicit consent from citizens before utilizing their personal data. Furthermore, the use of sensitive information, including details such as sexual orientation, skin color, or religious beliefs, will be prohibited. Additionally, targeting political advertisements at minors will no longer be allowed.

One of the notable provisions of this regulation is the emphasis on transparency in online political advertising. Political advertisements will now be mandated to carry clear labels, providing information about the advertiser, the amount spent, and the specific election or referendum context. To ensure transparency, a publicly accessible database will be established to collect information on all political ads.

Flemish MEP Tom Vandenkendelaere of CD&V commented on the significance of this agreement, stating, "With this agreement, we are putting an end to the era in which social media collect huge amounts of data from voters unsolicited, and often unknowingly, in order to influence their voting behavior, or worse, to pit groups of people against each other, as Cambridge Analytica did." This reference harks back to the controversial role played by the data company in the 2016 US presidential election and the Brexit campaign.

Furthermore, the EU's move is aimed at strengthening the protection of its democratic processes against foreign interference or manipulation. As part of this effort, advertisements sponsored by third countries will be banned during the three months leading up to elections or referendums.

While the agreement awaits formal ratification by member states and the Parliament, it is worth noting that most of the rules will only come into force after an 18-month transitional phase. However, certain fundamental principles may be implemented before the June 2024 European elections, such as through the application of the code of conduct on disinformation.

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