Visits: 16The US government by the last days of December acknowledged a beneficial European automotive companies approach to the American market according to the US Commercial Clean Vehicle Credit scheme under the Inflation Reduction Act, IRA. The guidance, in part, reflects the constructive US approach in the work of the EU-US IRA’s Task Force; besides, […]
Category: Good for business
The EU Modernisation Fund’s disbursements: supporting “green deal”
Visits: 25In its second year of operation, the European “modernisation fund” has disbursed over €4 billion in support of 61 projects in eight beneficiary countries. During summer 2022, about €2.4 billion was already disbursed to support 45 investment proposals; it is now complemented by another €1.71 billion disbursement to support another 16 investment projects into […]
New efforts in the European energy supply and security
Visits: 19Joint gas purchasing under the EU Energy Platform has been supported by a regulation which the EU-27 energy ministers adopted on December 19, 2022 to provide a necessary legal basis. It is another vital step in preparation for next winter; the EU institutions have made extensive efforts during 2022 to reduce Russian gas supply: […]
New EU agro-policy: strategic guidelines and national plans
Visits: 62In mid-December 2022, the Commission finalised national strategic plans in ago-policies: 2023 is going to be the year of new directions in the EU’s Common Agricultural Policy, CAP with orientations on not only on fair, flexible, greener and more social agricultural production; the EU CAP will also promote sustainable and high quality agro-food both […]
Supporting green growth in the Baltic Sea States
Visits: 12The European Commission and the Nordic Investment Bank (NIB) signed an InvestEU guarantee agreement worth up to €114 million; the agreement will unlock NIB financing of up to €480 million for investments in sustainable infrastructure, research, innovation and digitalisation across several Baltic Sea countries. It is expected to, in turn, mobilise public and private […]
Batteries in the European market: opportunities for business
Visits: 31Present preliminary political agreement reached between the European Parliament and the Council strives to formulate rules to support all three directions, which would pave the way to new directions in corporate activities too. When finally accepted, the new rules will be introduced gradually starting from 2024…
VAT in business: challenges and modern reforms
Visits: 23New data in recent EU-VAT report shows that the ‘VAT Gap’ (the difference between expected VAT revenues and those actually collected) stood at €93 billion in the EU-27. On some estimates, about one quarter of that is directly attributed to VAT fraud, which remains a major problem in the states and European continent. At […]
European circular economy initiatives: new opportunities for business
Visits: 29The Commission adopted a couple of legislative drafts to assist the member states’ economies and businesses towards more circular and carbon neutral development. The EU has already adopted the “green deal”, which is aimed at ensuring that all packaging in the EU market is reusable or recyclable in an economically viable manner by 2030. […]
New challenges for business: sustainability and environmental quality
Visits: 316European Environmental Bureau sends a warning signal: “no more business as usual”. Thus, to produce goods and services the European companies have to respect human health, sustainability, environmental quality and bio-diversity. It is, basically, about introducing new rules in entrepreneurship; however, some stumbling blocks are still tarnishing present progressive moves including corporate governance resistance […]
Perspectives for farmed seafood in seas around Europe
Visits: 33Farmed seafood has been for long identified as a low-carbon source of food and feed; additionally, algae have a growing number of potential commercial uses in such sectors as pharmaceuticals and plant bio-stimulants, bio-packaging, cosmetics and biofuels. With the recent EU’s “algae initiative”, the Commission wants to unlock EU algae sector potentials by supporting […]