{"id":20,"date":"2019-01-31T13:07:18","date_gmt":"2019-01-31T20:07:18","guid":{"rendered":"http:\/\/www.financialstable.com\/?p=20"},"modified":"2019-03-12T05:57:41","modified_gmt":"2019-03-12T12:57:41","slug":"eu-countries-back-copyright-reforms-aimed-at-google-facebook","status":"publish","type":"post","link":"https:\/\/www.afinances.com\/2019\/01\/31\/eu-countries-back-copyright-reforms-aimed-at-google-facebook\/","title":{"rendered":"EU countries back copyright reforms aimed at Google, Facebook"},"content":{"rendered":"

A majority of EU diplomats agreed to the revamp while Finland, Italy, Luxembourg, the Netherlands and Poland refused to back the deal and two other EU countries abstained.<\/p>\n

Negotiators from the EU countries, the European Parliament and the European Commission sealed a deal last week, two years after the EU executive proposed changes to protect the bloc\u2019s cultural heritage and ensure that publishers, broadcasters and artists are remunerated fairly.<\/p>\n

Romania, which currently holds the rotating EU presidency, said in a tweet that the copyright agreement had been approved by the EU Council.<\/p>\n

The dissenting countries said the proposed changes could hinder innovation and hurt the bloc\u2019s competitiveness in the digital market.<\/p>\n

\u201cWe regret that the Directive does not strike the right balance between the protection of right holders and the interests of EU citizens and companies,\u201d they said in a joint statement.<\/p>\n

The next step in the process is a vote by a committee of lawmakers next week followed by a parliamentary vote either next month or early April before the changes can become law.<\/p>\n