European and global political economy: transformation efforts

Visits: 1European states and the global partners are facing profound challenges to which national governments alone are unable to adequately respond, e.g. energy and climate, biodiversity and transport, sustainability and circular economy, to name a few. However, in dramatically altered global governance, all sorts of cooperation are becoming ever more difficult. Most governments in the […]

Tackling labor market and skills shortage in EU

Visits: 3European Commission tries to implement previous initiatives to strengthen the lack of new skills and professions needed for labor market which is facing numerous modern challenges, such as climate and digital, sustainability and circular economy, etc. The member states political economy’s patterns are already prioritizing economic, social and environmental aspects in development and investing […]

Modern global climate agenda and contemporary challenges

Visits: 1Present climate’s state-of-the art in the world is a sobering reminder that the global community is far below its abilities to tackle climate changes. One of the reasons is that the solution is hampered by the inclusion of several other global challenges. Besides, the global “climate consensus” is too difficult to reach due to […]

“Repowering” Europe: energy policy’s strategy in action

Visits: 10Specific EU-wide program called REPowerEU is aimed at assisting the member states in three main developmental directions: a) saving energy, b) clean energy production and use, and c) diversifying the states’ energy supplies coped with a wide use of renewables. The program’s implementation helps, e.g. to safeguarded the households in EU and businesses from […]

Critical raw materials: new trends in European policy

Visits: 17Supporting EU-wide clean energy technologies and development, as well as promoting the EU policies contributing to resilient value chains (to concentrate on the minerals and metals supply chains) are presently most relevant for the clean energy agenda in the member states.  

Open and competitive digital market in Europe: urgent necessity

Visits: 18During last four years the EU’s institutions, mainly the Commission, have been elaborating effective measures to manage the digital challenge in the member states. Two vital legislative acts have been adopted and enforced recently involving both the digital market and the services:  a) concerning the EU-wide digital services’ facilities, and b) optimizing the functioning […]

Nature-related effects and risks in corporate activities

Visits: 17Scientist have often warned that human activities have transformed not only climate and environmental quality, but the nature’s equilibrium too. Disclosing of corporate effects on nature and climate change is increasingly becoming used: e.g. the US Securities and Exchange Commission has made such disclosures mandatory for public companies, following the initiatives from the European […]

Targeted actions to boost European bio-technology and bio-manufacturing

Visits: 28Present socio-economic, demographic and environmental challenges are reinforcing the bio-economy’s industrial dimension and its closer links with the biotechnology and bio-manufacturing sectors. Corresponding Commission’s actions will contribute to stronger economy in the member states and stimulate the demand and market uptake for bio-manufactured products. 

Market exchange rates: “real” and hidden payments

Visits: 13Hidden fees in international payments have been always a common place. However, in the EU they have been banned legally since 2020 for cross-border payments among the member states. But, it is still a serious problem in trade outside the EU-27 that cost people and businesses in the EU about €30 billion in 2023 […]

Risk aversion in business: getting through modern challenges

Visits: 15Modern challenges have greatly altered traditional approaches to managing risks; besides, the concept of risk aversion in entrepreneurship has been transformed as well by the digitalization and the new ICTs. Conference at Latvian Turiba University this March is devoted to analysis of some vital issues concerning risks in contemporary socio-economic development and business.