Views: 47In March 2020, the EU launched a European industrial strategy, a continental national economies’ transitional plan towards green and digital perspectives in development. After a year of deliberation, the Commission proposed a regulation which reflects to main efforts: a) a continued openness to trade and investment as a source of national strength in growth […]
Category: Good for business
Increasing single market’s efficiency: assisting member states recovery
Views: 100Present pandemic has underlined the importance of core values in the European integration, including a backbone of the European economy, i.e. its single market. Member states resilient growth depends on modern and flexible political economy’s concept: main supporting EU’s instruments have just been adopted by the EU co-legislators in a “single market programme” worth […]
European support for SMEs in Estonia and Lithuania
Views: 65Additional financial support is being available for micro-enterprises in Estonia and Lithuania that are facing some economic fallout due to present post-pandemic crisis. A new transaction between the European Investment Fund (EIF) and financial intermediary Finora Capital is expected to support at least 100 micro borrowers in these two countries. The long-term working capital […]
Innovations for the European corporate future: EU’s additional support
Views: 72Due to negative pandemic effect on trade and growth, corporate activities in the EU member states lack adequate financial support. Here comes the EU’s assistance through the European Innovation Council, EIC is a one-stop-shop for innovators. Launched this March 2021 and a budget of over €10 billion for 2021-27, it provides support from the early-stage […]
Recovery assistance to the EU states: first beneficiaries
Views: 43The REACT-EU (Recovery Assistance for Cohesion and the Territories of Europe) package is one of the largest programs under new Next Generation EU financial instrument in the amount of € 47.5 billion. The package is additional to the EU’s cohesion allocations for 2021-27, making the EU Structural and Investment Funds the highest single-policy grant […]
Food quality: the European priority
Views: 82In 2019, following a European Citizens’ Initiative, the Commission adopted a proposal for a regulation on the transparency and sustainability of the EU risk assessment in the food quality and safety; at the end of March 2021, the regulation became applicable. The regulation marks an important step towards further modernisation of the EU food […]
Energy labels and ecodesigns in the EU: new rules
Views: 61To help EU consumers cut their energy bills and carbon footprint, a new version of the widely-recognised EU energy label will be applicable in all shops and online retailers from March 2021. The new labels will initially apply to four product categories – fridges and freezers, dishwashers, washing machines, and television sets (as well […]
Trade unions in modern political economy and European future
Views: 66Contacts and dialogues between the European Trade Union Confederation as a social partner and the European Commission as the EU”s executive institution have formed an essential part of the Union’s social market economy. The EU’s and the member states’ trade unions represent an important part of the EU’s successful integration process: it is through […]
Simplified and efficient policies and laws for perspective European integration
Views: 62New Commission’s “fit for Future platform” is aimed at gathering practical expertise in various policy areas from national, regional, local authorities, as well as from the Committee of the Regions, the European Economic and Social Committee and other stakeholders. Collected data will be used for the Commission’s work on simplification of existing EU laws, […]
European challenges in integration: the state of the planet
Views: 47At the end of 2020, the UN Secretary-General Antonio Guterres called the global community to end the “war on nature”. At one side, the human activity is at the root of human descent towards chaos; on another, human actions can help solve the problem as “making peace with nature” is the present century’s defining […]