European economic recovery: attention to financial issues

Visits: 52European Commission, together with other Union’s institutions, monitor correct and prevent problematic socio-economic trends in the member states’ development. This task becomes even more important in the process of states’ recovery and resilience plans in the post-pandemic period with important financial aspects involved. The EU-27 are anxious to receive the pre-financing as fast as […]

“Blue economy”: new trends in national growth and business

Visits: 124Blue economy comprises economic activities connected to oceans, seas and/or coastal areas. It gives work to about 5 million people in the EU member states in such sectors as fishing, shipping, ports, shipyards and tourism. Seas and oceans are not only a vital part of the blue economy: they also produce half of the […]

European industrial policy: effects for the member states

Visits: 51In March 2020, the EU launched a European industrial strategy, a continental national economies’ transitional plan towards green and digital perspectives in development. After a year of deliberation, the Commission proposed a regulation which reflects to main efforts: a) a continued openness to trade and investment as a source of national strength in growth […]

EU’s recovery fund to assist the member states: implementing problems

Visits: 101The EU states are expecting first payments this summer to start post-pandemic investments; it was about a year after the EU-28 leaders agreed on issuing €750 billion in joint debt to reboot their pandemic-ravaged economies. Beyond the urgency for the states to get the EU funding, the success of the national recovery and resilience […]

European support for SMEs in Estonia and Lithuania

Visits: 129Additional financial support is being available for micro-enterprises in Estonia and Lithuania that are facing some economic fallout due to present post-pandemic crisis. A new transaction between the European Investment Fund (EIF) and financial intermediary Finora Capital is expected to support at least 100 micro borrowers in these two countries. The long-term working capital […]

The EU states are determined to formulate their recovery and resilience plans (RRPs)

Visits: 81National recovery and resilience plans (RRPs) are and will be implemented with the sufficient EU’s financial support through the European Recovery and Resilience Facility. The latter is a key instrument in the “NextGenerationEU” program, which is the European plan towards states’ stronger socio-economic recovery in the post-pandemic period. National RRPs should be duly reasoned […]

Innovations for the European corporate future: EU’s additional support

Visits: 43Due to negative pandemic effect on trade and growth, corporate activities in the EU member states lack adequate financial support. Here comes the EU’s assistance through the European Innovation Council, EIC is a one-stop-shop for innovators. Launched this March 2021 and a budget of over €10 billion for 2021-27, it provides support from the early-stage […]

Recovery assistance to the EU states: first beneficiaries

Visits: 68The REACT-EU (Recovery Assistance for Cohesion and the Territories of Europe) package is one of the largest programs under new Next Generation EU financial instrument in the amount of € 47.5 billion. The package is additional to the EU’s cohesion allocations for 2021-27, making the EU Structural and Investment Funds the highest single-policy grant […]

Reminder for the Baltic States’ recovery plans

Visits: 57In September 2020, the European Commission published the Annual Sustainable Growth Strategy-2021 (ASGS-21), together with the strategic guidance for the implementation in the states of the Recovery and Resilience Facility (RRF). The ASGS-21 is a follow-up of the previous year’s strategy with four main guiding principles: sustainability, productivity, fairness and macroeconomic stability; these dimensions will […]

European entrepreneurship and business: integration’s perspectives (Part III)

Visits: 141The EU integration process in socio-economic perspectives is based on flourishing and competitively strong national entrepreneurship. Transforming global and European challenges into national business opportunities and supporting active and inclusive labour market for the benefit of all – these and other issues are vital for a whole “future of Europe” project and for positive […]