Navigating growth and employment: EU’s skills agenda for 2023

The idea of making 2023 the European Year of Skills stems from the intention to strengthen the member states’ competitiveness in the world, with a better focusing on investments, supporting the SMEs and matching employment needs with people’s aspirations and talents. Having relevant skills empowers governance sectors successfully navigate changes in the job market and […]

EU Digital Market Act: main part of the Union’s digital strategy

New EU Digital Market Act (DMA) will fundamentally change existing online trade and services. After the DMA enters into force – it shall apply from 2 May 2023 – digital/online platforms will behave in fair and competitive ways. Generally, new legal means will provide for contestable and fair markets in the European digital sector.   

EU funding for Latvia with €4.6 billion: supporting progressive growth

The EU financial assistance to Latvia with €4.6 billion through the Union’s cohesion policy funding up to 2027 is aimed at supporting economic growth, territorial cohesion and improving social fairness. EU funding will be invested in national green and digital transitions, in boosting innovation in the economy, as well as in healthcare and social services. […]

EU consumer protection: changes in online trade & services

The EU and the national consumer protection centers have adopted during last years some measures of improving online commerce and services to make shopping safer for customers and bringing it in line with the EU rules. In certain areas existing EU consumer protection rules have been modernized and adjusted, in view of the new development […]

Quantum computing in EU: solving complex issues

European long-term vision in research on quantum technologies is to develop EU-wide quantum internet with computers, simulators and sensors which are interconnected via quantum communication networks. New quantum computers will be capable of solving complex problems relating to such vital areas as health, climate change, logistics, or energy usage in a matter of hours, rather […]

Modern challenges in business management: sustainability and digitalisation

Inevitable changes in corporate activities are coped with the European and global challenges: modern business management has become dramatically different during last two decades. Thus, in the post-pandemic period, “business as usual” approach becomes obsolete and inadequate; new intakes reflecting modern challenges are directed towards sustainability and new trends in “business technology” and corporate culture.

Fintech and blockchain: new directions in European integration

During last decade, the blockchain industry (as well as that of crypto) has experiences a rapid growth; the speed of development has increased notably over the past few years. The industry and its growth are often analysed through market capitalization, trading volume and other financial metrics (there are already over a hundred different crypto-currencies); while […]

Revised regional aid in Europe: active reduction in states’ disparities

Cohesion policy is one of the main Union’s strategic integration directions: it is aimed at reducing significant regional disparities among the member states in terms of socio-economic growth, well-being, income, unemployment, etc. European regional aid aims to support progressive growth in disadvantaged member states’ areas while ensuring a level playing integration field among the states. […]

Digital economy and society: perspective directions in EU integration

Modern technological revolution has fundamentally altered traditional ways the national economy and society have been functioning. The European Digital Economy and Society Index (DESI) is monitoring the states digital progress in four key areas: human capital, connectivity, digital technology’s integration and digital public services. DESI shows that several EU states still struggle to close the […]

Digital transformation in action: improved roaming in Europe

New rules extend “roam-like-at-home” concept until 2032; travelers in the EU and the EEA countries can call, text and surf abroad without extra charges. The rules are also beneficial for businesses and citizens to enjoy a better roaming experience and quality of mobile service both abroad and at home. New rules also improve access to […]