The EU’s banking union: history and perspectives

Views: 64Among numerous sectoral “unions” within the European Union’s architecture there is one that affects citizens’ everyday’s life. It is the banking union that ensures that banks in the member states are strong and supervised in an efficient way. However, there are some differences in the EU’s banking union and the capital markets union.  

Additional measures to facilitate renewables in Europe

Views: 46The European Parliament and the Council reached a provisional agreement to reinforce the Union’s Renewable Energy Directive. This deal makes a vital step closer to complete the “Fit for 55” legislation on the EU’s “green deal” and the REPowerEU objectives. 

New forms of capitalism penetrate modern political economy

Views: 71An era of free-market capitalism is definitely over and changes are becoming visible around the world. Recent Japan’s government report indicates new facets of a revised model of “capitalism”, inspired by present crises and global challenges. The attention from political economy’s angle presents features of opportunities to strengthen sustainability of modern national growth models. 

Boosting European security through common defense research and innovation

Views: 42New EU funding in size of about €1.2 bn is aimed at targeted investment in efficient defense capabilities: the European Defense Fund, EDF includes new instruments targeted towards active SMEs and start-ups involvement in the continental defense innovation and dual-use industrial systems. Adoption of new funding adds to the EU’s defense investment over €3 […]

EU regional competitiveness as a vital tool in growth pattern

Views: 57The EU economic development system uses “territorial competitiveness” to define regional ability to provide attractive and sustainable environment for businesses and wellbeing for citizens. In the member states’ governance it is regarded as a perfect “tool” for better policy- and decision-making. It also serves as one of the main goals in the European Cohesion […]

ChatGPTs: perspective application for employment

Views: 75At the present level of artificial intelligence technology’s development, the ChatGPTs (generative pre-trained transformers) have become the most attractive and discussed issue, together with learning language models, both around the world and in Europe. Some users have already found that such artificial intelligence’s chatbots represent a useful tool, while others found certain limitations and […]

Towards global educational revolution: two vital steps forward

Views: 55Along the mainstream directions in the world-wide educational reforms, two vital issues attracted our attention this month: the global recognition of universities’ certificates and the idea of “re-inventing” higher education. The former – after about eight years of deliberation – culminated in the UN global convention; the second issue is about the role and […]

Competitiveness globally and in the EU: recent accounts

Views: 51Present geopolitical uncertainties and the post-pandemic consequences (coped with global challenges) greatly affected supply chains and made it more difficult for states to remain competitive. Besides the EU governance’s efforts in recovery and resilience, attention to new efforts in competitiveness has gained momentum: e.g. through the corporate entities’ facilitating diversification of supply chain and […]

Contemporary EU political economy: accounts of recent steps

Views: 93Tackling energy crisis has been presently the headache for the EU and the member states’ governance. Besides, demographic changes in the EU also present problems for development. For the national political economy in modern time it is vital to improve understanding of how companies can build resilience to external challenges and crises. Finally, new […]