The EU’s Erasmus+ program: additional efforts in global education

Views: 25The Commission selected 159 projects for funding under Erasmus+ program (Capacity Building for Higher Education), which supports the modernisation and quality assurance of higher education in third countries worldwide. These projects respond to the EU-wide aim of supporting international cooperation in the fields of higher education, improving education systems, as well as strengthening socio-economic […]

Sustainability reporting: common standards for businesses

Views: 29The EU’s governance has started intensive efforts to force corporate entities to implement sustainability and fulfill their obligations under the “green deal”. Present corporate sustainability reporting seems inefficient with gaps tarnishing public “green accountability”. The Commission has adopted common standards for companies to manage sustainability performance and make it more efficient with a better […]

Essential services in the EU states’ governance

Views: 29Critical entities provide essential services in upholding key societal functions, supporting the economy, preserving the environment, ensuring public health and safety, etc. European Commission has adopted a list of essential services in the eleven sectors covered by the Critical Entities Resilience Directive (CER), which entered into force on 16 January 2023.  

Green transition: Europeans view the perspectives

Views: 17Over half of Europeans think that transition to a green economy should be accelerated regardless of the increasing energy price and concerns over reduced Russian gas supplies. Most people believe that climate change is a serious problem; but two-thirds agree that: a) the cost of damage due to climate change is much higher than present level […]

Fading European economy’s motor: frightening deindustrialization in Germany

Views: 49Recent 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. […]

“Green business” in modern European political economy

Views: 32Modern global challenges affected national socio-economic development through numerous directions: e.g. digitalisation (and other outcomes of the 4th industrial revolution), sustainability requirements, climate mitigation efforts and “green growth” agendas; the latter have ignited fundamental reforms in political economies, as well as in European and national guidance’s systems. Almost all spheres of socio-economic development in […]

Global sustainability report-2023: new initiatives to accelerate SDGs

Views: 78During last seven years, global community has acquired periodical sustainable development reports providing most up-to-date data to follow and rank the performance of all UN member states on Sustainable Development Goals, SDGs. Recent report made at the mid-point of the UN Agenda-2030 acknowledges very modest progress made and formulates priorities to restore and accelerate […]

“Green transition” in the EU: additional investments’ examples

Views: 20Several EU member states which lack resources for a proper national “green” transition and climate mitigation (i.e. Bulgaria, Croatia, Czechia, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, and Slovakia) have received recently sufficient support from the EU investment facilities. The amounts disbursed in June 2023 are bringing the total disbursements from the Modernisation Fund since […]

Social market economy and social enterprises in the European governance

Views: 44From 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.   

Vital financial steps to secure post-pandemic employment: European approach

Views: 13European program in temporary support to mitigate unemployment risks in emergency in the member states -popularly known as SURE – was aimed at mobilizing significant financial means to combat some negative posy-pandemic economic and social consequences. SURE already provided financial assistance of about €100 billion within just a couple of years (in the form […]