Views: 39Hidden 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 […]
Category: Digital agenda
covering contemporary issues of digital transformation in the EU-27 member states within numerous socio-economic sectors
Risk aversion in business: getting through modern challenges
Views: 42Modern 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.
Digital facilities in education: assisting SDG’s implementation
Views: 39The education providers around the world are experimenting with learning and teaching the newly needed skills and “going out” of conventional classrooms by providing virtual-learning possibilities and technologies.. The problem is actually doubled: it is about global challenges and reforming national education policy to make the process of acquiring new skills more efficient. In […]
New EU-wide consumer protection rules are expected
Views: 119Consumer protection is within a shared competence among the EU institutions (mainly, the Commission) and the member states’ authorities. The member states, generally, are responsible for enforcing consumer rights, with the EU having some coordinating and supporting functions. Therefore among the rules in place are mostly directives, e.g. regulating “common” better enforcement and modernisation […]
European market: efforts to adapt to new realities
Views: 50The European “social market economy” concept is being subject to significant alterations under modern global challenges during last decade, in particular the through the increased digitalisation, new ways of producing and offering goods and services, as well as through the interconnected nature of commercial exchanges. Market definition provides guidance on the principles of the […]
European digital market: sustaining competition
Views: 46European digital transition has an important social component: i.e. it should work for all, putting people first and opening new opportunities for business. Digital solutions are also vital in combating climate change and achieving the green transition. However, competition in virtual worlds, generative artificial intelligence, GenAI and other large and small digital “players” is […]
European data governance through regulations and management
Views: 67In mid-December 2023, the EU institutions have reached an agreement on the EU-wide rules governing the use of artificial intelligence (AI), as well as regulations some issues concerning digital platforms’ use in government service, in bio-metric and medical surveillance, etc. Managing other AI’s applications, such as ChatGPT and “big data” platforms are subject to […]
Online platforms in the EU: Digital Service Act in action
Views: 69The Digital Services Act, DSA determines very large platforms EU-wide with more than 45 million users; they have to meet special legal obligations. The EU digital law has already designated about 20 very large online platforms and search engines: the process will continue to meet customers’ intentions and make sure the necessary compliance with […]
Combating fraud in European cross-border payments
Views: 20New rules provide the EU states’ tax authorities dealing with payments opportunities to detect VAT fraud more easily, with a particular focus on e-commerce, which is the main concern to VAT non-compliance and fraud. The issue created big holes in the states’ tax revenues that often used to support for vital public services. New […]
European taxation for multinational companies
Views: 40Most of the rules on corporate taxation are set by national authorities and can be different among the EU member states. New EU rules on taxation in external trade have entered into effect in January 2024 introducing a minimum rate of effective taxation of 15 percent for multinational companies active in the EU member […]