The EU states are expecting first payments this summer to start post-pandemic investments; it was about a year after the EU-28 leaders agreed on issuing €750 billion in joint debt to reboot their pandemic-ravaged economies. Beyond the urgency for the states to get the EU funding, the success of the national recovery and resilience process […]
Increasing single market’s efficiency: assisting member states recovery
Present pandemic has underlined the importance of core values in the European integration, including a backbone of the European economy, i.e. its single market. Member states resilient growth depends on modern and flexible political economy’s concept: main supporting EU’s instruments have just been adopted by the EU co-legislators in a “single market programme” worth €4.2 […]
European support for SMEs in Estonia and Lithuania
Additional financial support is being available for micro-enterprises in Estonia and Lithuania that are facing some economic fallout due to present post-pandemic crisis. A new transaction between the European Investment Fund (EIF) and financial intermediary Finora Capital is expected to support at least 100 micro borrowers in these two countries. The long-term working capital loans […]
The EU states are determined to formulate their recovery and resilience plans (RRPs)
National recovery and resilience plans (RRPs) are and will be implemented with the sufficient EU’s financial support through the European Recovery and Resilience Facility. The latter is a key instrument in the “NextGenerationEU” program, which is the European plan towards states’ stronger socio-economic recovery in the post-pandemic period. National RRPs should be duly reasoned and […]
Innovations for the European corporate future: EU’s additional support
Due to negative pandemic effect on trade and growth, corporate activities in the EU member states lack adequate financial support. Here comes the EU’s assistance through the European Innovation Council, EIC is a one-stop-shop for innovators. Launched this March 2021 and a budget of over €10 billion for 2021-27, it provides support from the early-stage scientific […]
Recovery assistance to the EU states: first beneficiaries
The REACT-EU (Recovery Assistance for Cohesion and the Territories of Europe) package is one of the largest programs under new Next Generation EU financial instrument in the amount of € 47.5 billion. The package is additional to the EU’s cohesion allocations for 2021-27, making the EU Structural and Investment Funds the highest single-policy grant instrument […]
Universities for SDGs implementation: first global forum’s ideas
Sustainable growth has become an important part of the modern political economy: a vital component in policy’s transformation is education and teaching sustainability. To make this teaching meaningful and in line with the socio-economic needs, new forms of teaching and learning are necessary to deal with SDGs complexities, ambiguities and often uncertainties. Old patterns of […]
Food quality: the European priority
In 2019, following a European Citizens’ Initiative, the Commission adopted a proposal for a regulation on the transparency and sustainability of the EU risk assessment in the food quality and safety; at the end of March 2021, the regulation became applicable. The regulation marks an important step towards further modernisation of the EU food safety […]
Energy labels and ecodesigns in the EU: new rules
To help EU consumers cut their energy bills and carbon footprint, a new version of the widely-recognised EU energy label will be applicable in all shops and online retailers from March 2021. The new labels will initially apply to four product categories – fridges and freezers, dishwashers, washing machines, and television sets (as well as […]
Trade unions in modern political economy and European future
Contacts and dialogues between the European Trade Union Confederation as a social partner and the European Commission as the EU”s executive institution have formed an essential part of the Union’s social market economy. The EU’s and the member states’ trade unions represent an important part of the EU’s successful integration process: it is through labour […]