EU finances: the role of European Insurance and Occupational Pensions Authority

Views: 26The European Insurance and Occupational Pensions Authority, EIOPA plays a vital role in the EU-wide financial stability, e.g. in avoiding risks, in formulating digital strategy and transformation, as well as in using blockchain framework, crypto currencies and in approaching supervisory technologies. 

European economy and eurozone: challenges abound

Views: 25Resilient 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 […]

European annual budget: priorities for 2025

Views: 41The Commission has proposed an annual EU budget of about €200 billion for 2025; besides, it will be complemented by approximately €72 billion of disbursements under the NextGenerationEU program. This substantial financial envelope is aimed at supporting the EU member states actions in meeting their political-economy’s priorities while integrating the changes agreed in the […]

European Semester: spring forecast shows gradual expansion amid high geopolitical risks

Views: 70The European Semester has played a crucial role in supporting strong and coordinated economic policy responses over the past five years, as the EU was confronted by a series of extraordinary challenges. The EU has demonstrated a high degree of economic and social resilience in the face of major shocks, such as post-pandemic complexities, […]

European banks and financial sector in need of additional efficiency

Views: 20A 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 […]

Extraordinary supporting measures in decarbonization: French example

Views: 44The European Commission has approved a €4 billion French scheme to support national measures aimed at reducing greenhouse gas emissions in the manufacturing sector and help the country’s transition path towards a net-zero economy; the measures are in line with the EU-wide Green Deal Industrial Plan. The national scheme is also vital in supporting […]

Critical raw material supply chains in Europe

Views: 33The entry into force of the European Critical Raw Materials Act, CRM it is vital step in the EU-wide efforts aimed at ensuring diverse, secure and sustainable supply of critical raw materials for the member states’ industrial development. For example, secured access to critical raw materials is essential for such strategic sectors as clean […]

EU-wide priorities at the end of the Commission’s term…

Views: 32The Commission President underlined several priorities that have been valid at the end of the Commission’s College five years’ term: public investments in strategic sectors (with the stress on commodities), reducing the cost of energy, addressing the labor and skills shortage, and facilitating external trade.