Views: 63The EU-wide Strategic Technologies Platform, STEP has celebrated its second anniversary with the record achievements for the development and manufacturing of critical technologies. Since its inception in March 2024, STEP managed to mobilise about €29 billion of funding across the EU-wide financial programs to support technologies in four priority sectors and associated skills: a) […]
European nuclear energy option: the case of France
Views: 46The European Commission has opened an in-depth investigation to assess whether public support that France plans to grant for the construction and operation of six new nuclear reactors is in line with EU State aid rules. Under the EU Treaties, the member states are free to determine their energy mix; hence, France has chosen […]
Governing digital superintelligence: world-wide Open AI’s call for discussion
Views: 86Recently Open AI’s initiated global discussion about “governing advanced AIs” transition includes two main ideas: a) creating a digital economy with broad access, participation and shared prosperity; and b) building a resilient society through accountability, alignment and management of “frontier risks”. The idea of “keeping people at the center of the transition to superintelligence” […]
Digital regulatory means in the European financial services
Views: 73The main directions in EU-wide digital financial services are driven by a strategy to promote innovation, strengthen operational resilience and establish a unified and data-driven financial market while ensuring high levels of consumer protection. Key initiatives include such regulatory measures, as the Markets in Crypto-Assets (MiCA), the Digital Operational Resilience Act (DORA), the digital […]
New attempts to harmonise European corporate legislation: the 28th regime
Views: 75The European Commission has taken an important step to strengthen EU-wide competitiveness and advancing the Single Market, as well as assisting the corporate community with adequate “instruments” in growing and scaling businesses. The Commission’s goal is simple: making it easier for businesses (especially for start-ups and scale-ups) to flourish in the EU and compete […]
Funding the EU-27 socio-economic development: main borrowing policy instruments
Views: 49The financial assistance to the member states from the EU institutions is, generally, organised under a single funding method that enhances the use of EU-wide budget, the liquidity of Union’ bonds and the attractiveness and cost-effectiveness of the EU issuance’s facilities. The European Commission has been placing its borrowing on capital markets using a […]
Reforming European customs union
Views: 109Most ambitious and comprehensive EU Customs Union’s reform took place last time in summer 2023; it included such spheres as increasing trade volumes, especially in e-commerce, reducing fast-growing number of EU standards at the borders, and mitigating geopolitical realities and crises. However, the needs are still numerous: simplification of customs processes for business and […]
Implementing the EU-wide legislation: problematic transpositions
Views: 128The European Commission is taking action against several EU member states that have failed to notify the Commission of measures they must adopt to transpose EU directives into their national laws, with the deadlines that have already expired. The Commission sends letters of formal notice to these states, giving them two months to complete […]
European financial support for Latvian recovery and resilience
Views: 56Latvia’s fourth supporting request for €371 million under the EU Recovery and Resilience Facility (RRF) plan has been agreed by the Commission with the previously settled recovery-resilience’s 24 milestones and 17 targets. Latvian reforms and investments (tied to the payment request) are expected to drive positive change for the citizens and businesses in the […]
European economic perspectives through transitions in the global trade: EU-China controversies
Views: 62Presently, the geo-political disturbances have marked a new phase in the EU-China trade patterns through the so-called “second China shock”. The new stage of the global competition, that stretches to the core of the EU’s growth base, requires deeper understanding of both the global shifts in economics and in “China’s shock” for the EU […]