"EU Corporate Sustainability Law Delayed by German and Italian Opposition"

The European Union has delayed a decision on a proposed law that would require large companies to assess if their supply chains involve forced labor or environmental harm, as Germany and Italy indicated they would abstain from voting. The law needs a "qualified majority" of 15 EU countries representing 65% of the EU population to proceed to a final vote in the European Parliament. Germany's pro-business Free Democrats opposed the law, citing concerns about excessive bureaucracy, while their coalition partners, the Social Democrats and the Greens, supported it. The law, aimed at promoting corporate responsibility, is now set to be rescheduled for further discussion.