Views: 68It has been generally acknowledged that both the sources of international tax system during the last century and some basic concepts of tax residence have been outdated. Business practices are now regularly carried out in “favourable” states without being physically present; the digital transition in economies has also led to new opportunities in manipulating […]
Category: Modern EU
EU cohesion policy: a vital part in European integration
Views: 95In contemporary European integration, the Union’s cohesion policy serves as an important instrument in resolving the member states’ development issues; this policy, in particular, provides the EU states with necessary resources to level-up growth and prosperity. Although the main goals of the EU cohesion policy remain generally the same (e.g. promotion of economic, social […]
Minimum wage issue: resolving inequality in Europe
Views: 75At the end of 2020, the European Commission took an important step towards securing adequate minimum wages for all workers in the EU. These ideas were included into a draft Directive aimed at reversing the growing polarisation of incomes and the increasing actions in eliminating the in-work poverty. These cardinal steps are to change […]
Lithuanian RRP: the Commission’s assessment and approval
Views: 118The European Commission has assessed the national recovery and resilience plan (RRP) based on main criteria set out in the EU regulation. A supporting staff-working document provides detailed documentation on the EU’s assessment of the Lithuania’s RRP in supporting the green and digital transition, in providing a balanced response to the socio-economic situation and […]
Posted workers: free movement and establishment in the post-covid EU
Views: 68Present covid-pandemic affected almost all aspects of workers’ life, including free movement and establishment in Europe. National governing bodies have to apprehend existing changes and challenges for workers moving and posted in other EU states and adopt resolute steps to facilitate adaptation of workers and companies to new realities in the EU’s single market. […]
Energy and environmental issues: vital parts in the European integration
Views: 66Climate, energy and environment are most vital issues in the member states’ recovery and resilience programs. National policies towards necessary reforms are usually centered on sustainability, environment and energy safety requirements. Underlining such priorities as the “end-of-life-product” management, the reduction of hazardous substances, extended energy and producer’s responsibility, as well as the environmental protection […]
Baltic electro-energy issues: good for business and communities
Views: 43As the so-called EU’s “energy island”, the Eastern-Baltic region consists of three EU member states; it is now being connected to other EU states through recently established electricity lines in Poland (LitPol Link), Sweden (NordBalt) and Finland (Estlink 1 and Estlink 2), all built with the EU support. For historical reasons, the Baltic States’ […]
European climate-neutral industry: new requirements for the member states’ governance
Views: 93In the recently announced targets for reaching carbon neutrality by the mid-century, most developed countries (representing about 80 percent of the global economy), revealed a comprehensive set of new political economy’s instruments, often called “green industrial strategy”, to trigger the necessary mechanisms within both the zero-carbon energy sources and production across all development sectors. […]
The EU’s vision for a modernized political economy: Porto Declaration-2021
Views: 52European unity and solidarity is at the heart of a EU’s regional distinctive “social market economy’s” model with a social cohesion and a drive for prosperity. Accelerated transition in green and digital growth, supported by a massive European investment and associated reforms, will firmly put the member states on the path towards a fair, […]
Carbon border adjustment mechanism: assisting European business
Views: 69In the Commission’s communication to the member states concerning the “European Green Deal” (December 2019), in which among numerous aspects in reaching the “deal”, the carbon border adjustment mechanism, CBAM for selected economic-industrial sectors has been revealed. The EU has increased efforts to make a climate-neutral continent by 2050, which could however be undermined […]