Views: 54Three 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 […]
Category: EU in global governance
European ways for growth through recovery and resilience: midterm review
Views: 93Since early 2021, the EU’s Recovery and Resilience Facility, RRF has been transforming the member states’ socio-economic development. The EU-27 states adopted national recovery-resilience plans, NRRPs in line with the RRF’s requirements and according to nation-specific growth reforms. Bringing additional clarity to the EU-wide transformation efforts during the three years in action, the review […]
Enhancing European economic security: new efforts
Views: 75The EU is the biggest export-import region: on the global scene, it is exporting over €3.1 trillion in goods and services and importing €2.8 trillion yearly. However, at a time of profound geopolitical turmoil and rapid technological changes, there are serious threats about the risks involved. During several last years the EU has learned […]
The EU-wide anti-coercive measures entered into force
Views: 68In recent years, the EU member states have become the target of deliberate economic pressures. The EU-wide anti-coercive instrument ACI, which entered into force at the end of 2023, is aimed at establishing a framework of measures in cases of economic coercion. Additionally, a single point of contact is established to assist in the […]
Generative AI: recent legislative effort in the EU
Views: 36Generative artificial intelligence (GenAI, for short) is artificial intelligence capable of generating text, images or other media while using generative models. As a rule, Gen AI focuses on creating new and original content, on chat responses, designs, synthetic data, etc. GenAIs are already transforming businesses and allowing humans to be more creative and productive. […]
Modern “climate consensus”: multilateralism and diplomacy in action
Views: 24The COP28 was a sobering reminder that the world was far off its targets in climate actions: i.e. global emissions continued to rise by 1.5% a year, when they have to be reduced by 7% annually to keep the goals of Paris climate agreement by 2030. Among main outcomes of the recent summit has […]
Post-COP28: lessons and perspectives
Views: 37After about two weeks of negotiations, the leaders of the world in Dubai, UAE have agreed on a “final deal”. For the first time in the thirty years of COPs history the political deal calls on global community to “move away” from the use of fossil fuels (coal, gas and oil), though not “phasing […]
Artificial intelligence (AI): the EU and world-wide regulatory efforts
Views: 42Existing and potential AI’s benefits are enormous to all walks of human life, i.e. for households, business and the economy. However, the acceleration and AIs implementation brings new challenges. As the AI’s regulatory front-runner, the EU is contributing to AI governance world-wide. By setting the AI standards, the digital community can pave the way […]
European values and interests: EU-China summit’s results
Views: 39High-level dialogues on strategic and foreign policy issues including human rights and trade, economic relations and climate, environment and digital issues, etc. have been under closer attention during the China-EU summit. It demonstrated the EU’s commitment “to be engaged” with China, as the Commission’s press release put it.
Financing green transition: European experience
Views: 22The “green recovery” transition process is an expensive endeavor: hence the European Commission tries to find most effective ways to finance it. Thus, more than two years after the start of the green bond issuance, the borrowing has brought about €50 billion to the market to become the world’s largest green bond program.