Views: 25Resilient fiscal policies are needed in the euro area and specifically in the EU states with high debt and deficit levels. Given the modern uncertainties, fiscal policies must be prepared to adapt quickly, with prudence in spending and readiness to respond to possible risks. Two main “sub-unions” play vital role: the Economic and Monetary […]
Category: Modern EU
Priorities in Europe and NATO: climate change and AI strategy
Views: 21Both the EU and NATO are exploring policies in managing modern challenges. Among most vital and new are the climate mitigation efforts and digital transition. In the EU these items have been already developing for some years, in NATO they are generally started two-three years ago. Somehow, there are certain similarities in approaches and […]
Household savings in the EU states: revised accounts
Views: 28EU’s institutions periodically revise the member states’ budget accounts and balance of payments in order to “harmonise” national finances. According to the EU’s recommendations, the member states are supposed to carry out a “benchmark revision” of their national accounts estimates in 2024.
“Greens” in Europe: climate ambition versus political gains
Views: 21At stake for the party presently are such issues as –internally- its credibility and political fortune, as well as the future of the European Green Deal, externally. The party-grouping in the European Parliament, EP intends to advocate a more ambitious climate action, but it has to convince others of the approaches’ benefits. The Greens […]
European digital payments: “mobile wallets” and the Apple case
Views: 35European digital legislation ensures effective hardware and software’s interoperability and opens up competition in this sector, e.g. by preventing Apple from excluding other mobile wallets from the iPhone’s system. Now competitors are able to compete with Apple Pay for mobile payments in shops and Apple cannot keep other mobile wallets out of the market. […]
Innovation’s agenda in the EU-27: uneven progress
Views: 16Perspective and innovative companies in Europe are the background of resilient, diversified and modern single market. The EU is trying to use all its potentials in improve “innovation climate” and its quality in the global innovation race. However, statistical account in the newly published innovation scoreboard, as well the complicated nature of innovation, needs […]
European beautiful future: facing complex global challenges
Views: 17The European Pact for the Future suggested by the European Environmental Bureau, EEB is a recent initiative aimed at driving fundamental changes in the existing political-economy’s patterns. The general Pact’s goal is “a green and social deal for a one-planet economy”, as postulated in the EEB’s leaflet. This September, world leaders will convene at […]
Climate change and the “green deal”: the EU at a cross-road
Views: 19The European climate objectives of the green deal are widely shared and consensual among the EU leaders and newly elected European legislators in the Parliament. Commission insisted that the goals of climate protection and nature conservation would remain unchanged for the next several years. After consultation with industry and farmers, the Commission has “proposed […]
EU financial services: digital perspectives
Views: 30Most 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. […]
Support for CO2 capture and storage: Swedish example
Views: 22The European Commission has approved, under EU State aid rules, a €3 billion Swedish scheme to support carbon capture and storage, CCS aimed at reducing carbon dioxide, CO2 released during the combustion or processing of biomass (so-called biogenic CO2). The measure will contribute to the achievement of Sweden’s climate targets and the EU’s strategic […]