Product safety in the EU: consumer’s protection shall be extended

Views: 76Protection of the EU’s consumers is going to be more efficient by updating and modernizing existing rules in line with the modern digital challenges. The direction of changes would fit into the consumers’ increased expectations for goods and services’ quality with the corresponding changes in the national economies. With the support of the EU […]

Corporate taxation: European and global challenges

Views: 66It has been generally acknowledged that both the sources of international tax system during the last century and some basic concepts of tax residence have been outdated. Business practices are now regularly carried out in “favourable” states without being physically present; the digital transition in economies has also led to new opportunities in manipulating […]

Baltic electro-energy issues: good for business and communities

Views: 43As the so-called EU’s “energy island”, the Eastern-Baltic region consists of three EU member states; it is now being connected to other EU states through recently established electricity lines in Poland (LitPol Link), Sweden (NordBalt) and Finland (Estlink 1 and Estlink 2), all built with the EU support. For historical reasons, the Baltic States’ […]

European climate-neutral industry: new requirements for the member states’ governance

Views: 92In the recently announced targets for reaching carbon neutrality by the mid-century, most developed countries (representing about 80 percent of the global economy), revealed a comprehensive set of new political economy’s instruments, often called “green industrial strategy”, to trigger the necessary mechanisms within both the zero-carbon energy sources and production across all development sectors. […]

The EU’s vision for a modernized political economy: Porto Declaration-2021

Views: 52European unity and solidarity is at the heart of a EU’s regional distinctive “social market economy’s” model with a social cohesion and a drive for prosperity. Accelerated transition in green and digital growth, supported by a massive European investment and associated reforms, will firmly put the member states on the path towards a fair, […]

Carbon border adjustment mechanism: assisting European business

Views: 68In the Commission’s communication to the member states concerning the “European Green Deal” (December 2019), in which among numerous aspects in reaching the “deal”, the carbon border adjustment mechanism, CBAM for selected economic-industrial sectors has been revealed. The EU has increased efforts to make a climate-neutral continent by 2050, which could however be undermined […]

European economic recovery: attention to financial issues

Views: 65European Commission, together with other Union’s institutions, monitor correct and prevent problematic socio-economic trends in the member states’ development. This task becomes even more important in the process of states’ recovery and resilience plans in the post-pandemic period with important financial aspects involved. The EU-27 are anxious to receive the pre-financing as fast as […]

European industrial policy: effects for the member states

Views: 59In March 2020, the EU launched a European industrial strategy, a continental national economies’ transitional plan towards green and digital perspectives in development. After a year of deliberation, the Commission proposed a regulation which reflects to main efforts: a) a continued openness to trade and investment as a source of national strength in growth […]

EU’s recovery fund to assist the member states: implementing problems

Views: 123The 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 […]

The EU states are determined to formulate their recovery and resilience plans (RRPs)

Views: 113National 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 […]