Practical guidance to the AI’s future: Scandinavian initiative

Views: 26Artificial intelligent experts, business leaders and policy makers are governing at the Future Talent Summit in Stockholm (June 18-19) to discuss the AI’s impact on numerous social, corporate, educational and cultural issues. It is regarded as the most influential AI conference this year in Europe and the world with regarding a “paradigm shift” in […]

Digital platforms in Europe: the size matters

Views: 50There are presently more than twenty digital platforms and search engines in the EU-27; they all have to comply with the general obligations under the digital law. Some main general provisions include the obligations for online marketplaces to: a) ensure the traceability of traders on their platforms; b) design their interface to facilitate traders’ […]

Sustainable investment through circular economy and outsourcing

Views: 29Responsible investing is becoming more popular globally; however, there is a lack of clarity as to what constitutes its objectives and what a sustainable investment actually is. Some argue that states invest responsibly only promoting more sustainable and equitable future. Others add that strategic investments in the “care economy” are increasing productivity and promoting […]

Education policy’s integration: an issue of an EU-wide graduation certificate

Views: 43Educating new workforce to tackle modern challenges has become a vital issue at the contemporary level of European integration. Dealing with a complex composition of climate, sustainability and green transition issues in socio-economic growth requires fundamental reform of national education policies, including acceptance of a “commonly” agreed European graduate certificates.

Digitalisation: support for education providers

Views: 34The European Education Area, EEA idea has been to assist the member states’ efforts and facilitate the EU-wide cooperation in order to create more resilient and inclusive education and training systems. The EEA strategic framework provides a guideline to structure collaboration among the EU institutions and the member states education provides in formulating a […]

Open and competitive digital market in Europe: urgent necessity

Views: 43During last four years the EU’s institutions, mainly the Commission, have been elaborating effective measures to manage the digital challenge in the member states. Two vital legislative acts have been adopted and enforced recently involving both the digital market and the services:  a) concerning the EU-wide digital services’ facilities, and b) optimizing the functioning […]

Transatlantic economy: growing connections between Europe, the US and the world

Views: 46Three main “actors” in world economy- the US, China and the EU- account for about three-fourths of the global GDP. However, two economies in trans-Atlantic relations, i.e. the US and EU have already become strong drivers in progressive global growth. The transatlantic economic ties provide, e.g. for 16 million jobs on both sides in […]

Market exchange rates: “real” and hidden payments

Views: 38Hidden fees in international payments have been always a common place. However, in the EU they have been banned legally since 2020 for cross-border payments among the member states. But, it is still a serious problem in trade outside the EU-27 that cost people and businesses in the EU about €30 billion in 2023 […]

Risk aversion in business: getting through modern challenges

Views: 38Modern challenges have greatly altered traditional approaches to managing risks; besides, the concept of risk aversion in entrepreneurship has been transformed as well by the digitalization and the new ICTs. Conference at Latvian Turiba University this March is devoted to analysis of some vital issues concerning risks in contemporary socio-economic development and business.