Views: 21European Commission adopted a package of infringement decisions due to the absence of communication by the EU states’ measures to transpose EU directives into national law. Almost all EU member states have not yet notified full transposition measures concerning two EU directives: a) in the field of climate mitigation (through the emission-trading system, ETS), […]
Category: Modern EU
Financial markets in Europe and the US: facing digital challenges
Views: 21Digitalisation in financial markets around the world is rapidly growing. With the closer attention to two political economies and two biggest financial markets, i.e. that of the European Union and the United States of America, the comparative analysis sheds light to perspective trends in banking sector and digitalisation of financial services.
European political guidance in development: next five years
Views: 23After the present European Commission President Ursula von der Leyen was re-elected for a second term in the office this July, she revealed the next EU-wide political guidelines for 2024-2029 and defined a set of collective objectives for the years to come with clear targets and priority areas. Facing the greatest challenges, the guidelines […]
Abuse of dominant position: the European approaches to increase competition
Views: 36The European Commission has launched a public consultation among all interested parties to discuss the draft guidelines on exclusionary abuses of dominant position; the previous guidelines adopted about two decades ago seemed quite outdated. Commission is planning to finalize the redrafted guidelines on “exclusionary abuses” on the basis of acquired comments by the end […]
CMU and financial market’s perspectives: infringement procedures
Views: 27The European Commission is planning to hold an EU-wide discussion on capital markets union issues, which will take place against the background of the capital markets union’s objectives, as well as the urgent regional problems in competitiveness and preservation of financial stability. The discussions will bring together market participants across the entire spectrum: e.g. […]
European capital markets union: investment perspectives
Views: 21Capital markets union (CMU) is becoming an EU-wide sub-union’s entity dealing with the financial market issues, as well as a most vital part of the European integration processes. The CMU is a complex structure which includes, e.g. banks, securities, insurance and pensions, as well as financial and non-financial corporations. Peoples’ savings grow in importance; […]
European AI regulation: world’s first law in digital transition
Views: 46The world’s first comprehensive regulation on artificial intelligence will enter into force in Europe by August 2026; some parts of it will be in the law already from February and August 2025. The AI Act is designed to ensure that AI models are developed and used in a trustworthy manner, with safeguards to protect […]
Basel III and the EU banking sector: strengthening financial stability and resilience
Views: 22The EU-27 member states will apply the Basel III standards from January 2025; in mid-2024, the EU institutions completed implementation phase of these standards into the member states’ legislation. The new rules represent a vital step in strengthening stability and resilience of the EU-wide banking sector. Besides, the Basel standards are aimed at facilitating […]
Rule of law in the European Union: new annual report
Views: 52The rule of law is crucial for both citizens and business in the EU: it is a precondition for the respect of other values and it guarantees that fundamental rights are upheld in line with a set of core democratic values; it ensures the application of EU law and supports an investment-friendly business environment. […]
Digital trade: assisting the EU-wide growth and digital transition
Views: 24Digital trade accounts for about a quarter of all international trade; it has been growing at a faster pace than traditional trade. The EU is the world’s leader in both exports and imports of digitally deliverable services, which amounted to €1.3 trillion in 2022, or over half of the EU’s total trade in services. […]