EU finances: the role of European Insurance and Occupational Pensions Authority

Views: 2The European Insurance and Occupational Pensions Authority, EIOPA plays a vital role in the EU-wide financial stability, e.g. in avoiding risks, in formulating digital strategy and transformation, as well as in using blockchain framework, crypto currencies and in approaching supervisory technologies. 

Anatomy of digital finance in the European Union

Views: 15The EU-wide specific financial framework, i.e. the capital markets union, has been at the heart of the Commission’s ambition in boosting growth, supporting innovation and promoting European global competitiveness. The EU financial sector has the potential to multiply sustainable finance and become a global leader in this area. The sector is having also a […]

Altered European political economy: challenges and solutions

Views: 10European Union is a constantly moving and adapting “mechanism” for the continental integration. Recently, the EU leaders have abandoned, in part or in whole, the previous political-economy’s theories and principles they cherished for so long; hence the EU-27, as it seems, has set aside the geopolitical corporate competition. However, the leaders are trying to […]

European economy and eurozone: challenges abound

Views: 17Resilient fiscal policies are needed in the euro area and specifically in the EU states with high debt and deficit levels. Given the modern uncertainties, fiscal policies must be prepared to adapt quickly, with prudence in spending and readiness to respond to possible risks. Two main “sub-unions” play vital role: the Economic and Monetary […]

European digital payments: “mobile wallets” and the Apple case

Views: 23European digital legislation ensures effective hardware and software’s interoperability and opens up competition in this sector, e.g. by preventing Apple from excluding other mobile wallets from the iPhone’s system. Now competitors are able to compete with Apple Pay for mobile payments in shops and Apple cannot keep other mobile wallets out of the market. […]

Innovation’s agenda in the EU-27: uneven progress

Views: 10Perspective and innovative companies in Europe are the background of resilient, diversified and modern single market. The EU is trying to use all its potentials in improve “innovation climate” and its quality in the global innovation race. However, statistical account in the newly published innovation scoreboard, as well the complicated nature of innovation, needs […]

EU financial services: digital perspectives

Views: 10Most productive EU-wide attention to digital-type financial services dates back to consultations on fin-tech in 2017 devoted to facilitating a more competitive and innovative European financial sector. Then around 2021, the central banks digital currency, CBDC has become a hot issue: several central banks around the world were considering options of adopting virtual currencies. […]

European “digital decade”: strengthening the EU-wide digital transformation

Views: 12European Commission has published the second report on the State of the Digital Decade, providing a comprehensive overview of the progress towards achieving the digital objectives and targets set for 2030. The 2024-report is accompanied by an analysis of the EU member states’ “digital decade strategic roadmaps” detailing the planned national measures, actions and […]

European science/research and innovation performance in 2024

Views: 14Recently published the 2024 edition of the Science, Research and Innovation (R&I) Performance report, SRIP-24 has shown that over the past two decades the EU increased investments in R&I which contributed to the EU’s competitiveness in green technologies and, specifically, in the overall EU-wide high quality research. However, the challenges remain and the EU […]

Artificial intelligence and data-driven innovation: new rules

Views: 53Making more public datasets available for reuse is the new aspect in the EU digital regulations. The so-called “high-value datasets” are already containing information on six thematic areas laid out in the Open Data Directive (effective from mid-2019): i.e. geospatial, earth observation and environment, meteorological, statistics, companies and mobility issues. Besides, the Implementing Regulation […]