Views: 58Most productive EU-wide attention to digital-type financial services dates back to consultations on fin-tech in 2017 devoted to facilitating a more competitive and innovative European financial sector. Then around 2021, the central banks digital currency, CBDC has become a hot issue: several central banks around the world were considering options of adopting virtual currencies. […]
Category: Good for business
European “digital decade”: strengthening the EU-wide digital transformation
Views: 81European Commission has published the second report on the State of the Digital Decade, providing a comprehensive overview of the progress towards achieving the digital objectives and targets set for 2030. The 2024-report is accompanied by an analysis of the EU member states’ “digital decade strategic roadmaps” detailing the planned national measures, actions and […]
Managing low-carbon economy: main priorities and controversies
Views: 47The main pathways to low-carbon economic development, often called “deep decarbonization” proceed mainly through energy policy and nature conservation, sustainability and governance’s efficiency, etc. In essence, it is about consuming less energy, using available resources more efficiently in construction (both private and public), in transportation and industrial development.
Combining “green deal”, climate and environment issues: feasible options
Views: 49Two European Commissioners commented on the recent Council’s outcomes and acknowledged its conclusions on some vital issues, such as green deal, climate mitigation and the new EU-wide environmental action program. General opinion is that the conclusions have been timely and satisfactory efforts in the right direction.
Emission trading system in Europe: support for the member states
Views: 78The European Union has disbursed about €3 billion via the Modernisation Fund in order to finance about forty energy developing projects in 10 EU member states. These investments will support the modernisation of energy systems, reducing greenhouse gas emissions in the energy, industry and transport sectors, and improving energy efficiency.
Skilled workforce for net-zero development: European educational priorities
Views: 67EU strategic net-zero technologies manufacturing capacity is expected to reach about 40 percent of the member states’ deployment needs by 2030. European Net-Zero Industry Act foresees the creation of several “net-zero academies” focusing on specific technologies in order to ensure that the net-zero sectors in the states are having sufficient skilled workforce.
Artificial intelligence and data-driven innovation: new rules
Views: 94Making more public datasets available for reuse is the new aspect in the EU digital regulations. The so-called “high-value datasets” are already containing information on six thematic areas laid out in the Open Data Directive (effective from mid-2019): i.e. geospatial, earth observation and environment, meteorological, statistics, companies and mobility issues. Besides, the Implementing Regulation […]
European banks and financial sector in need of additional efficiency
Views: 56A 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 […]
Strategic technologies in the member states: EU-wide supporting measures
Views: 77Newly adopted amendments to the guidelines on regional state aid will allow the EU member states to increase support for developing the so-called critical technologies in the less advantaged European regions. The amendments will also enable investments in clean- and bio-technologies, digital and deep-technology sectors in view of strengthening European competitiveness and preserving cohesion […]
Infringement decisions in Europe: complying with the Union’s law
Views: 65In its regular package of infringement decisions, the European Commission pursues legal action against EU member states for failing to comply with their obligations under the Union’s law. These decisions, covering various sectors and EU policy areas, aim to ensure the proper application of EU law for the benefit of citizens and businesses. The […]