Views: 128The EU institutions have been reforming existing financial system during last decade; finally, it introduced a specific supervisory architecture, consisting of three European supervisory authorities and a special board to monitor systemic risks. New measures will promote supervisory convergence and consistent supervision, which are key building blocks in creating a genuine EU-wide Capital Markets […]
Category: Good for business
Energy reforms and electricity market: perspectives and controversies
Views: 26Highly-politicized reforms in the EU’s electricity market, which are concentrated on assisting the member states in decarbonizing their electricity system and lower prices for businesses and consumers, have gained new attention EU-wide due to increasing energy prices to companies and households during recent months.
EU’s supporting states’ development and economies: Danish example
Views: 26The European Commission has approved Danish government’s plans to set-up national Export and Investment Fund with a budget of over €4 billion. The fund is aimed at supporting economic development, competitiveness, innovation and growth for Danish companies. The Commission has approved the fund’s activities for the next six years; in case of further prolongation, […]
Facilitating access to finance for European SMEs
Views: 20The EU and other investment facilities (e.g. UniCredit) have intensified their efforts to provide necessary financial support to businesses in Central and Eastern European countries to transition along sustainable growth directions and creating additional employment. SMEs in Bulgaria, Croatia, Czechia, Hungary, Romania, Slovakia and Slovenia will be able to accelerate their transition towards “greener […]
Labor market transformations: expected changes in employment patterns
Views: 20Technological revolution has been one of the many reasons in numerous workforces’ losses; however, other global challenges (sustainability, green transition and climate mitigation) also added to the process of expected job losses. Governments have to employ the emerging opportunities and empower them to navigate the existing labor force problems. Generative artificial intelligence (AI) supplemented […]
New trends in protecting intellectual property in the EU
Views: 64In the provisional political agreement (reached in the beginning of May 2023) the European Parliament and Council adopted a new regulation to protect the intellectual property for craft and industrial products; it relies on the originality and authenticity of traditional skills from in the EU states and regions.
“Green” and climate legislation in the European political economy
Views: 104The EU institutions provide necessary support to the member states in accomplishing the “green deal” objectives in a cost-effective manner. Recent guidelines on state aid include sections on energy efficiency and infrastructure, clean mobility and circular economy, pollution reduction and restoration of biodiversity, as well as measures to ensure security of energy supply. Besides, […]
Digital service in the EU: legal aspects
Views: 19Recent Digital Services Act is aimed at ringing transparency and accountability of platforms and search engines while giving consumers control over online operations. The EU adopts modern legal framework that ensures the safety of online users, establishes governance with the protection of fundamental rights and maintains fair and open online platform structures.
ChatGPT: generative AI perspectives in society and business
Views: 19ChatGPT platform is gaining momentum: during last months, artificial intelligence (AI) has entered a period of “generational change”. Presently, it is being capable of carrying on sophisticated dialogue with users and generating seemingly original – although degenerative – content. These Chat GPT and other AI’s capabilities can be employed in numerous socio-economic spheres and […]
The EU and the world’s agenda on energy and climate issues
Views: 27At the recent “major economies” forum on climate and energy, Commission President formulated present goals and achievements the EU member states undertook in this “twin transition”. It is compulsory working together on the global basis to achieve net zero emissions with new frontiers for technology, businesses and increased employment.