Views: 32Resilient 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 […]
Category: Digital agenda
covering contemporary issues of digital transformation in the EU-27 member states within numerous socio-economic sectors
European digital payments: “mobile wallets” and the Apple case
Views: 45European 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: 25Perspective 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 […]
EU financial services: digital perspectives
Views: 34Most 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. […]
European “digital decade”: strengthening the EU-wide digital transformation
Views: 50European Commission has published the second report on the State of the Digital Decade, providing a comprehensive overview of the progress towards achieving the digital objectives and targets set for 2030. The 2024-report is accompanied by an analysis of the EU member states’ “digital decade strategic roadmaps” detailing the planned national measures, actions and […]
European science/research and innovation performance in 2024
Views: 44Recently published the 2024 edition of the Science, Research and Innovation (R&I) Performance report, SRIP-24 has shown that over the past two decades the EU increased investments in R&I which contributed to the EU’s competitiveness in green technologies and, specifically, in the overall EU-wide high quality research. However, the challenges remain and the EU […]
Artificial intelligence and data-driven innovation: new rules
Views: 68Making more public datasets available for reuse is the new aspect in the EU digital regulations. The so-called “high-value datasets” are already containing information on six thematic areas laid out in the Open Data Directive (effective from mid-2019): i.e. geospatial, earth observation and environment, meteorological, statistics, companies and mobility issues. Besides, the Implementing Regulation […]
Digital tools in education: AI and ChatGPT
Views: 31Several higher education institutions are already actively using in various education processes some generative AI tools and ChatGPT. Increasingly implementing AI chatbots and other tools help to enhance the teaching and learning experiences. Some basic knowledge of AI and other machine-learning tools could serve as a viable supplement for inspiring the readers and others […]
Artificial intelligence in governance: new perspectives
Views: 84Modern advances in science, technology and innovations, particularly in ICT and computer sciences, enable states to “revolutionize” the governance processes at global, sub regional and national levels. Some states are already developing more sophisticated, enduring, detailed and perspective socio-economic governance models with adequate digital regulatory solutions. The use of AI can serve as a […]
European banks and financial sector in need of additional efficiency
Views: 29A vital goal of the European integration process is to make the EU-wide financial system more efficient. To ensure the financial system orderly functioning and stability, the European Banking Authority, EBA is monitoring and analyzing risks and vulnerabilities relevant to the regulations for banks, investment companies and firms. EBA also facilitates information sharing among […]