European market: efforts to adapt to new realities

Views: 74The European “social market economy” concept is being subject to significant alterations under modern global challenges during last decade, in particular the through the increased digitalisation, new ways of producing and offering goods and services, as well as through the interconnected nature of commercial exchanges. Market definition provides guidance on the principles of the […]

New European Sustainable Development Report: resolute actions needed

Views: 62At the end of January 2024, the SDSN published the fifth edition of the European Sustainable Development Report, which tracks annually since 2019 the performance of the EU member states and partner countries on the UN 17 SDGs. Suggested ten priority actions provide for serious transformations in the EU-wide policies towards SDGs.  

Investing in the EU-wide science, research and innovation: latest outcomes

Views: 74Since 2014, there were eight EU-wide research and innovation funding programs with a budget of about €80 billion; Horizon 2020 (officially called Horizon Europe) is presently a functioning one for the coming decade. Its objectives are to stimulate economic growth, create jobs, foster collaboration in research and innovation, support excellent science and industrial leadership […]

European digital market: sustaining competition

Views: 67European digital transition has an important social component: i.e. it should work for all, putting people first and opening new opportunities for business. Digital solutions are also vital in combating climate change and achieving the green transition. However, competition in virtual worlds, generative artificial intelligence, GenAI and other large and small digital “players” is […]

European data governance through regulations and management

Views: 67In mid-December 2023, the EU institutions have reached an agreement on the EU-wide rules governing the use of artificial intelligence (AI), as well as regulations some issues concerning digital platforms’ use in government service, in bio-metric and medical surveillance, etc. Managing other AI’s applications, such as ChatGPT and “big data” platforms are subject to […]

Online platforms in the EU: Digital Service Act in action

Views: 73The Digital Services Act, DSA determines very large platforms EU-wide with more than 45 million users; they have to meet special legal obligations. The EU digital law has already designated about 20 very large online platforms and search engines: the process will continue to meet customers’ intentions and make sure the necessary compliance with […]

Combating fraud in European cross-border payments

Views: 47New rules provide the EU states’ tax authorities dealing with payments opportunities to detect VAT fraud more easily, with a particular focus on e-commerce, which is the main concern to VAT non-compliance and fraud. The issue created big holes in the states’ tax revenues that often used to support for vital public services. New […]

European taxation for multinational companies

Views: 68Most of the rules on corporate taxation are set by national authorities and can be different among the EU member states. New EU rules on taxation in external trade have entered into effect in January 2024 introducing a minimum rate of effective taxation of 15 percent for multinational companies active in the EU member […]

European growth model in a transitional period

Views: 69Due to the post-pandemic and the global challenges’ consequences, the EU institutions have revised traditional socio-economic model. Modernised approach includes such new factors as green and digital transition, strengthening socio-economic recovery-resilience in the member states, climate mitigation and numerous others.  

The EU-wide anti-coercive measures entered into force

Views: 81In 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 […]