Post-pandemic recovery: changes in Latvian political economy’s framework

Views: 73The EU-wide integration process has developed a conceptually different style of “European capitalism”: so-called social market economy, which is presently a guiding “framework” in the member states’ political economy. Positive factor in the Union’s development is that the “leading integration’s ability” to organise all vital growth facilities in any EU country includes budget funding […]

Higher education qualification: recognition issues world-wide and in Europe

Views: 43All countries in present multi-national world need some common rules and procedures to a reciprocal recognition of graduate certificates. Millions of students are presently studying outside their native countries and they need a world-wide recognition of their achievements. At the end of 2019, a global convention has been concluded to assist in official recognition […]

Reforming European customs union: facing new challenges

Views: 69New Commission’s legislative proposals reveal a new vision for the EU-wide customs union. New draft puts in place an updated and modernised framework based on three interlinked areas of action: a) providing greater simplifications for businesses, especially EU importers; b) facilitating more active collaboration between customs authorities at the EU-wide level, in order to […]

European financial regulation and supervision: facing reforms

Views: 43The EU institutions have been reforming existing financial system during last decade; finally, it introduced a specific supervisory architecture, consisting of three European supervisory authorities and a special board to monitor systemic risks. New measures will promote supervisory convergence and consistent supervision, which are key building blocks in creating a genuine EU-wide Capital Markets […]

Energy reforms and electricity market: perspectives and controversies

Views: 11Highly-politicized reforms in the EU’s electricity market, which are concentrated on assisting the member states in decarbonizing their electricity system and lower prices for businesses and consumers, have gained new attention EU-wide due to increasing energy prices to companies and households during recent months. 

EU’s supporting states’ development and economies: Danish example

Views: 9The European Commission has approved Danish government’s plans to set-up national Export and Investment Fund with a budget of over €4 billion. The fund is aimed at supporting economic development, competitiveness, innovation and growth for Danish companies. The Commission has approved the fund’s activities for the next six years; in case of further prolongation, […]

Living and working conditions in the European states

Views: 16Late-post-pandemic period in Europe has shown some “cautious optimism”: the continent has been slowly emerging from two pandemic years with the EU-wide NextGenerationEU program for a perspective recovery and resilience in the member states, including other concentrated EU efforts aimed at building strong and sustainable future. 

The EU’s technical support for the member states reforms

Views: 17The EU institutions provide expertise and technical assistance to the member states’ governance bodies in the design and implementation of most vital socio-economic reforms. Recent Eurobarometer survey conducted during April 2023 confirms the importance of such assistance and recognizes the need for extensive support through the European Commission’s Technical Support Instrument.   

Facilitating access to finance for European SMEs

Views: 24The EU and other investment facilities (e.g. UniCredit) have intensified their efforts to provide necessary financial support to businesses in Central and Eastern European countries to transition along sustainable growth directions and creating additional employment. SMEs in Bulgaria, Croatia, Czechia, Hungary, Romania, Slovakia and Slovenia will be able to accelerate their transition towards “greener […]

Labor market transformations: expected changes in employment patterns

Views: 33Technological revolution has been one of the many reasons in numerous workforces’ losses; however, other global challenges (sustainability, green transition and climate mitigation) also added to the process of expected job losses. Governments have to employ the emerging opportunities and empower them to navigate the existing labor force problems. Generative artificial intelligence (AI) supplemented […]