European social market economy: unique approaches to “social enterprises”

Visits: 46This December, the European Commission presented an action plan to assist the member states in delivering on the European social market economy’ concept with a particular emphasis on employment and job-creation issues, on fair and inclusive recovery, as well as on green and digital transitions. All these aspects in connection with business are included […]

European “health union”: pros and cons

Visits: 56New efforts to create a EU-wide health union seems to be the best way in establishing better, more resilient and responsive regional health system. A comprehensive and strong health union will protect citizens, facilitate sustainable growth patterns and enhance European integration. Present initiatives reflect analysis of future outbreaks, joint preparedness and planning with the […]

European financial support for the member states: Latvian example

Visits: 56Assistance of the EU’s institutions to the member states during Covid-pandemic takes various forms. Thus, European Investment Fund, backed by the Investment Plan for Europe, in association with the national financial services, provides favourable lending to students and learners in the EU states to cover their study and housing costs. Now Latvian students and […]

Modern trends in European integration: “smart specialization” in the Baltic States

Visits: 63The ideas of a so-called “smart growth” and member states’ “specialization” have been introduced into the EU integration perspectives about a decade ago. It was regarded both as one of the strongest facets of modern EU’s political economy, and a specific economic modernisation tool in the member states’ growth patterns; both shall be within […]

Post-COVID effect on modern competition: European Commission’s vision

Visits: 55Competition policy remains a vital tool that serves the needs of all EU states: consumers benefit from lower prices, wider choice and higher quality; workers gain from a vibrant labour market, and corporate entities benefit from innovative, diverse and reliable market inputs on a level playing field. However, the pandemic and modern challenges required […]

Corporate taxation: European and global challenges

Visits: 49It has been generally acknowledged that both the sources of international tax system during the last century and some basic concepts of tax residence have been outdated. Business practices are now regularly carried out in “favourable” states without being physically present; the digital transition in economies has also led to new opportunities in manipulating […]

Lithuanian RRP: the Commission’s assessment and approval

Visits: 102The European Commission has assessed the national recovery and resilience plan (RRP) based on main criteria set out in the EU regulation. A supporting staff-working document provides detailed documentation on the EU’s assessment of the Lithuania’s RRP in supporting the green and digital transition, in providing a balanced response to the socio-economic situation and […]

Posted workers: free movement and establishment in the post-covid EU

Visits: 54Present covid-pandemic affected almost all aspects of workers’ life, including free movement and establishment in Europe. National governing bodies have to apprehend existing changes and challenges for workers moving and posted in other EU states and adopt resolute steps to facilitate adaptation of workers and companies to new realities in the EU’s single market. […]

European climate-neutral industry: new requirements for the member states’ governance

Visits: 70In the recently announced targets for reaching carbon neutrality by the mid-century, most developed countries (representing about 80 percent of the global economy), revealed a comprehensive set of new political economy’s instruments, often called “green industrial strategy”, to trigger the necessary mechanisms within both the zero-carbon energy sources and production across all development sectors. […]

Carbon border adjustment mechanism: assisting European business

Visits: 50In the Commission’s communication to the member states concerning the “European Green Deal” (December 2019), in which among numerous aspects in reaching the “deal”, the carbon border adjustment mechanism, CBAM for selected economic-industrial sectors has been revealed. The EU has increased efforts to make a climate-neutral continent by 2050, which could however be undermined […]