Views: 611Since the last global/European financial crisis some fifteen years ago, the European Commission has put in place a number of initiatives to create a safer financial sector, i.e. the “banking union” for the European single market. These initiatives form a single rulebook for all financial players in the EU-27; it also includes: stronger prudential […]
Month: April 2025
European digital skills’ initiative: driving innovation and productivity
Views: 368The idea of digital skills academies is an important step towards ensuring EU leadership in digital and emerging technologies. Investing in advanced digital skills is a crucial driver for innovation and productivity; hence, the new initiative is responding to the demand for better cooperation and alignment with market needs. A year ago, the EU […]
AI in the legal profession: challenges and perspectives
Views: 627The article provides some basic although encouraging “notes” on legal professionals facing massive employment the AI models while remaining vigilant about existing challenges. Some lawyers are already praising the so-called general AI’s ability to handle routine attorney’s tasks, others pointed out inefficiencies stemming from a lack of standardized best practices.
Financial situation in the EU: budget and other vital data
Views: 647During last 5 years the EU-wide GDP increased from about €14 trillion to present nearly €18 trillion. However, expenditure are still greater than the revenues: i.e. in percentage 49,2 contra 46; therefore government deficit is 3,2% instead of required three percent. E.g. in 2023, government deficit for the euro area was 3.6% of GDP […]
The US approaches to AI: recent legal aspects
Views: 370In the beginning of 2025, the US Administration issued some executive orders, including recent President’s EO “Removing Barriers to American Leadership in AI” (adopted in January 2025). One part of this EO is called “Accelerating Federal Use of AI through Innovation, Governance and Public Trust”; it contains some risk management provisions, including AI impact […]
New era of global trade conflicts: AI in navigating businesses and governments
Views: 586Both Europe and the world entered a new era of international commerce: as the result, many businesses would go bust while new companies and governance models emerge. Digital technologies are going to play a vital role in resolving this and other emerging crises facilitating rapid change’s adaptation in political economies and governance.
European guidance on using generative AI in science
Views: 346Among various directions in European integration concept, some new “unions” constantly appear: recent attempt aims at “integrating” a digital approach to science. It is called “Living guidance on responsible use of generative AI in research”, and is the second version adopted by the ERA Forum this April. The ERA’s “document” is aimed at eliminating […]
AI’s “continental plan”: Europe heads toward global digital leadership
Views: 474The European Union has just adopted this April the “AI Continent Action Plan” in view of positioning the Union as an AI global partner. The EU’s main leverage in this endeavor is through the legal and managerial means as presently, around 85% of all AI systems remain unregulated and not subject to any rules; […]
Comprehensive overview of state aid expenditures in the EU states
Views: 684Overall state aid expenditures EU-wide in 2023 dropped to €186.78 billion from €243.27 billion in 2022. The member states channeled 73% of funds towards such policy objectives as environmental protection and energy savings, research, circular development, innovation and regional development; in 2022, this share was 49%. However, the total amount of aid spent on […]
European zero-pollution ambition: complicated ways of progress
Views: 367Twice a year the EU European Commission’s Joint Research Center together with the European Environment Agency, EEA publishes a monitoring report on progress in the member states in achieving the EU’s zero-pollution targets according to the 2021 Zero Pollution Action Plan. It reveals future policies designed to support the zero-pollution ambition in reducing threat […]