Supporting green growth in the Baltic Sea States

Views: 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 […]

European energy market: recent transformations

Views: 14Gas pipeline supplies to the EU states this winter from Russia have been reduced by 80 percent (compared to the last year); it was acknowledged by the European Commission. Transformed gas supply distribution has invoked unprecedented pressure on the global energy markets, with severe knock-on effects on Europe’s energy system. The EU institutions have […]

Batteries in the European market: opportunities for business

Views: 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

Views: 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

Views: 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. […]

Price caps’ initiatives: resolving critical global energy and trade issues

Views: 12Two recent actions by the G-7 and the EU-27, i.e. on price cap and on “corrective mechanisms” from the EU, are regarded –at least in the political sense – good enough to remedy present critical energy situation. Aimed to address rising inflation and keep energy costs stable at a time when high fuel costs, […]

New challenges for business: sustainability and environmental quality

Views: 317European 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 […]

European energy policy: political and economic implications

Views: 16At the end of November 2022, the EU-27 member states reached some vital politico-economic decisions on critical energy-related issues. These decisions are not only important for resolving EU-wide current energy crisis; now the states must move forward to implement as swiftly as possible tough decisions, which include also some “market correction mechanisms”. Soon the […]

EU-wide education area for 2025: ongoing initiatives and trends

Views: 41The Commission approved a report on progress towards the achievement of the European Education Area by 2025; the report takes analyses the ongoing initiatives and trends on progress to attain EU-level targets in education and training. The progress report is assisted by the Education & Training Monitor with the EU-wide analysis of education and […]

Perspectives for farmed seafood in seas around Europe

Views: 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 […]