Combating money laundering: new EU efforts

Views: 21Serious gaps concerning money laundering existed for a long time in the EU legal framework; now the Commission adopted a draft of regulatory package to plug these gaps. So far, existing varied rules in different EU states on money laundering (ML) have been largely ineffective, costly and without much success. New measures would include […]

Inequality and social exclusion in Europe and globally

Views: 37The level and trends in inequality include numerous parameters, i.e. personal income before and after taxes/transfers, average and median household disposable incomes, relative poverty rates and poverty gaps, to name a few. Besides, there is another important part in combating inequality dealing with the “social exclusion”, i.e. inequality among different groups of citizens. So-called […]

EU cohesion policy: a vital part in European integration

Views: 30In 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: 12At 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 […]

Energy and environmental issues: vital parts in the European integration

Views: 34Climate, 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 […]

European climate-neutral industry: new requirements for the member states’ governance

Views: 30In 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: 20European 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, […]

EU’s recovery fund to assist the member states: implementing problems

Views: 70The EU states are expecting first payments this summer to start post-pandemic investments; it was about a year after the EU-28 leaders agreed on issuing €750 billion in joint debt to reboot their pandemic-ravaged economies. Beyond the urgency for the states to get the EU funding, the success of the national recovery and resilience […]

Increasing single market’s efficiency: assisting member states recovery

Views: 77Present pandemic has underlined the importance of core values in the European integration, including a backbone of the European economy, i.e. its single market. Member states resilient growth depends on modern and flexible political economy’s concept: main supporting EU’s instruments have just been adopted by the EU co-legislators in a “single market programme” worth […]

The EU states are determined to formulate their recovery and resilience plans (RRPs)

Views: 55National recovery and resilience plans (RRPs) are and will be implemented with the sufficient EU’s financial support through the European Recovery and Resilience Facility. The latter is a key instrument in the “NextGenerationEU” program, which is the European plan towards states’ stronger socio-economic recovery in the post-pandemic period. National RRPs should be duly reasoned […]