Temu Faces €200 Million Fine Over EU Risk Assessment Shortcomings

Regulatory Repercussions For Risk Management Lapses

Temu was fined €200 million by the European Commission for failing to implement adequate risk assessment measures under the Digital Services Act (DSA). The penalty targets the company’s handling of illegal and unsafe products sold through its platform and reflects growing regulatory scrutiny of large online marketplaces operating in the European Union.

Inadequate Risk Assessment Framework

According to the Commission, Temu relied on general e-commerce industry data rather than platform-specific evidence when assessing risks linked to illegal or dangerous products. Regulators said the company failed to properly identify, analyze and evaluate systemic risks facing EU consumers. The investigation focused on risks associated with products including electronic chargers, baby toys and jewellery sold through the platform.

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Alarming Safety Concerns

A mystery shopping exercise conducted during the investigation identified multiple safety violations involving products purchased through Temu. Several electronic chargers reportedly failed EU safety standards, with some overheating or catching fire during testing. Authorities also identified choking hazards and dangerous chemicals in baby toys, while some jewellery products were found to contain misleading labels or fail to comply with EU product regulations.

Design Flaws And Systemic Shortcomings

The probe extended beyond isolated product failures to examine the overall efficacy of Temu’s systems. The Commission highlighted that the platform’s use of recommendation systems and influencer-led promotion programs may inadvertently propagate the circulation of illegal products. Such systemic deficiencies represent a serious breach of obligations under the DSA.

Mandated Action And Future Compliance

Temu has until August 28, 2026, to submit an action plan outlining how it intends to strengthen risk assessment procedures and improve seller and product verification systems. The Commission said the company must introduce more advanced and evidence-based compliance measures to meet regulatory requirements. Temu described the fine as disproportionate and said improvements had already been implemented following the original 2024 assessment. European regulators indicated that additional sanctions remain possible if further violations or compliance failures are identified.

The Future Forbes Realty Global Properties

Athens And Nicosia Still Offer Some Of Europe’s Most Affordable Apartments, Despite Rising Prices

by THEFUTURE.TEAM

July 13, 2026

Housing costs in Nicosia remain well below those in most western European capitals, according to new data from Global Property Guide, highlighting the wide gap in residential property prices across Europe.

Nicosia And Athens Remain Among Europe’s More Affordable Capitals

The latest figures from Global Property Guide, which tracks residential property markets across 88 countries, show that both Nicosia and Athens remain among Europe’s more affordable capital cities, despite years of steady price growth.

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In Cyprus, the median asking price for a one-bedroom apartment in Nicosia stands at €145,000. Two-bedroom apartments are priced at €205,000, while three-bedroom homes reach €280,000.

That places Nicosia slightly above Athens in the one-bedroom category, where the Greek capital records a median asking price of €135,000. For two-bedroom and three-bedroom apartments, however, prices are identical in both cities at €205,000 and €280,000, respectively.

Western Europe Commands A Premium

Athens also remains relatively affordable by European standards. Median asking prices for one-bedroom apartments reach €174,000 in Warsaw, €240,000 in Madrid, €310,000 in Milan and €325,000 in Berlin.

The gap is even more pronounced in Western Europe, where one-bedroom apartments cost around €440,000 in both Paris and Lisbon, more than three times the price seen in Athens.

The difference becomes even greater for larger homes. A three-bedroom apartment carries a median asking price of €280,000 in both Athens and Nicosia, compared with €685,000 in Lisbon, €690,000 in Milan, €845,000 in Berlin and €1.08 million in Paris.

For two-bedroom apartments, the contrast is equally striking. While homes are priced at €205,000 in Athens and Nicosia, equivalent properties cost €380,000 in Madrid, €455,000 in Milan, €527,000 in Berlin, €620,000 in Lisbon and €695,000 in Paris.

Europe’s Most Expensive Property Markets

Global Property Guide’s data also highlights the wide variation in residential property prices across Europe.

Zurich is the continent’s most expensive market for a one-bedroom apartment, with a median asking price of €1.151 million. It is followed by Luxembourg (€669,000), Copenhagen (€601,000), Munich (€548,000) and London (€522,000), while Paris and Lisbon are both priced at around €440,000.

The Most Affordable Cities

At the other end of the market, the lowest asking prices are concentrated in south-eastern and eastern Europe. Median asking prices for a one-bedroom apartment stand at €125,000 in Riga, €118,000 in Podgorica, €110,000 in Bucharest, €103,000 in Sarajevo and €79,000 in Chisinau.

According to the report, Skopje is Europe’s most affordable capital for one-bedroom apartments, with a median asking price of just €55,000.

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