European Semester: economic compass in development

Hits: 5Due to strong and coordinated EU-wide policy response, the member states managed “to navigate” stormy economic waters. However, the EU still faces many challenges; geopolitical turbulence just added a great deal of uncertainty: hence the growth in the EU-28 is around 1.3 percent. The EU Commissioners made in the new Semester some assessments… 

European social market economy: growth concept

Hits: 9The European integration “project” with its seventy years experience is based on a specific development model called “social market economy”, in which the member states’ growth sectors are heavily regulated by the EU institutions. Particularly, the post-pandemic period has shown the growing amount of the EU support for states in the transition to new […]

European defense strategy: industrial aspects

Hits: 15European defense integration is gaining speed as modern military conflicts require the EU-wide response. Commission is coordinating the member states’ efforts through new “instruments” to support such actions as e.g. joint acquisition of weapons, transferring urgently needed defense equipment and establishing the EU Defense Union. Besides, present vulnerable global geopolitical and security situation shows […]

European economy’s perspectives: the EU tripartite social summit

Hits: 11The Tripartite Social Summit takes place twice a year ahead of European Council meetings. It is co-chaired by the Presidents of the European Council and the Commission and attended by the Head of State or Government representing the rotating Presidency of the Council of the EU. 

Global and macro-regional problems in the Baltic Sea area

Hits: 41Countries around the Baltic Sea are both a vital force in resolving the EU-wide regional issues and in active part in the global efforts to tackle modern challenges. The 14th EUSBSR forum’s discussions were rotating around regional security, sustainability, connectivity and prosperity. These issues need closer governments’ attention, innovative strategies and additional efforts in […]

Fading European economy’s motor: frightening deindustrialization in Germany

Hits: 41Recent article in Politico revealed some frightening for the EU-wide growth signs of economic decline in Germany. The main reason is a “toxic mixture” of such new factors in contemporary growth as high energy costs (though in some EU states energy prices have already fallen to pre-2012 levels), skilled-worker shortages and red tape, etc. […]

Social market economy and social enterprises in the European governance

Hits: 36From its inception, the European Union has been striving to pursue the social-market economy’s concept in the member states’ development and national growth patterns. Therefore, the so-called social enterprises are presently playing increasing role in the EU-wide and states’ economy by prioritizing social, environmental and climate mitigation goals alongside creating substantial profits.   

Implementing sustainability in the EU: mid-term progress

Hits: 14Last five years’ analysis of the sustainable development goals implementation in the European Union has shown remarkable progress in progressive socio-economic growth. However, the member states have to continue addressing structural challenges and maintaining the EU-wide commitment to the green and digital transition. In this regard, sustainability goals remain the national governance’s vital compass […]

European financial regulation and supervision: facing reforms

Hits: 36The 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 […]

Living and working conditions in the European states

Hits: 14Late-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.