EU finances: the role of European Insurance and Occupational Pensions Authority

Views: 2The European Insurance and Occupational Pensions Authority, EIOPA plays a vital role in the EU-wide financial stability, e.g. in avoiding risks, in formulating digital strategy and transformation, as well as in using blockchain framework, crypto currencies and in approaching supervisory technologies. 

COP-29: continued fossil fuel consumption versus emission’s control

Views: 8Authorities in Azerbaijan – the country hosts this year’s global climate summit COP29 – suggest that continued fossil fuel extraction might be compatible with the global climate agreement. With four months to go until COP29 kicks off in Baku, the Azerbaijani presidency announced a flurry of initiatives, non-binding pledges and partnerships to be signed […]

Artificial intelligence for sustainability: education and skills

Views: 12The United Nations Higher Education Sustainability Initiative, HESI initiated a Global Forum-2024 on “The Future of Higher Education for Sustainable Development”. This annual HESI event was held in New York in mid-July as a special conference devoted to coming this fall the High-Level Political Forum on Sustainable Development, the UN’s main platform for reviewing […]

Anatomy of digital finance in the European Union

Views: 15The EU-wide specific financial framework, i.e. the capital markets union, has been at the heart of the Commission’s ambition in boosting growth, supporting innovation and promoting European global competitiveness. The EU financial sector has the potential to multiply sustainable finance and become a global leader in this area. The sector is having also a […]

European economy and eurozone: challenges abound

Views: 17Resilient fiscal policies are needed in the euro area and specifically in the EU states with high debt and deficit levels. Given the modern uncertainties, fiscal policies must be prepared to adapt quickly, with prudence in spending and readiness to respond to possible risks. Two main “sub-unions” play vital role: the Economic and Monetary […]

Priorities in Europe and NATO: climate change and AI strategy

Views: 14Both the EU and NATO are exploring policies in managing modern challenges. Among most vital and new are the climate mitigation efforts and digital transition. In the EU these items have been already developing for some years, in NATO they are generally started two-three years ago. Somehow, there are certain similarities in approaches and […]

European digital payments: “mobile wallets” and the Apple case

Views: 23European digital legislation ensures effective hardware and software’s interoperability and opens up competition in this sector, e.g. by preventing Apple from excluding other mobile wallets from the iPhone’s system. Now competitors are able to compete with Apple Pay for mobile payments in shops and Apple cannot keep other mobile wallets out of the market. […]

Innovation’s agenda in the EU-27: uneven progress

Views: 10Perspective and innovative companies in Europe are the background of resilient, diversified and modern single market. The EU is trying to use all its potentials in improve “innovation climate” and its quality in the global innovation race. However, statistical account in the newly published innovation scoreboard, as well the complicated nature of innovation, needs […]

European beautiful future: facing complex global challenges

Views: 11The European Pact for the Future suggested by the European Environmental Bureau, EEB is a recent initiative aimed at driving fundamental changes in the existing political-economy’s patterns. The general Pact’s goal is “a green and social deal for a one-planet economy”, as postulated in the EEB’s leaflet. This September, world leaders will convene at […]

EU financial services: digital perspectives

Views: 10Most productive EU-wide attention to digital-type financial services dates back to consultations on fin-tech in 2017 devoted to facilitating a more competitive and innovative European financial sector. Then around 2021, the central banks digital currency, CBDC has become a hot issue: several central banks around the world were considering options of adopting virtual currencies. […]