Views: 26In 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 […]
Category: post-COVID Block
Predicting the future needs a strategic vision; modern challenges require decision-makers to understand the “signals” of potential threats. The researchers’ task – in advising national and the EU’s governance – is to provide empirical evidences of the needed changes and transformations even if at present these “evidences” (as well as decisions) are neither clearly seen nor commonly adaptive.
European economic recovery: attention to financial issues
Views: 24European Commission, together with other Union’s institutions, monitor correct and prevent problematic socio-economic trends in the member states’ development. This task becomes even more important in the process of states’ recovery and resilience plans in the post-pandemic period with important financial aspects involved. The EU-27 are anxious to receive the pre-financing as fast as […]
“Blue economy”: new trends in national growth and business
Views: 43Blue economy comprises economic activities connected to oceans, seas and/or coastal areas. It gives work to about 5 million people in the EU member states in such sectors as fishing, shipping, ports, shipyards and tourism. Seas and oceans are not only a vital part of the blue economy: they also produce half of the […]
European industrial policy: effects for the member states
Views: 21In March 2020, the EU launched a European industrial strategy, a continental national economies’ transitional plan towards green and digital perspectives in development. After a year of deliberation, the Commission proposed a regulation which reflects to main efforts: a) a continued openness to trade and investment as a source of national strength in growth […]
EU’s recovery fund to assist the member states: implementing problems
Views: 66The 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 […]
European support for SMEs in Estonia and Lithuania
Views: 29Additional financial support is being available for micro-enterprises in Estonia and Lithuania that are facing some economic fallout due to present post-pandemic crisis. A new transaction between the European Investment Fund (EIF) and financial intermediary Finora Capital is expected to support at least 100 micro borrowers in these two countries. The long-term working capital […]
The EU states are determined to formulate their recovery and resilience plans (RRPs)
Views: 53National 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 […]
Innovations for the European corporate future: EU’s additional support
Views: 47Due to negative pandemic effect on trade and growth, corporate activities in the EU member states lack adequate financial support. Here comes the EU’s assistance through the European Innovation Council, EIC is a one-stop-shop for innovators. Launched this March 2021 and a budget of over €10 billion for 2021-27, it provides support from the early-stage […]
Recovery assistance to the EU states: first beneficiaries
Views: 16The REACT-EU (Recovery Assistance for Cohesion and the Territories of Europe) package is one of the largest programs under new Next Generation EU financial instrument in the amount of € 47.5 billion. The package is additional to the EU’s cohesion allocations for 2021-27, making the EU Structural and Investment Funds the highest single-policy grant […]
Reminder for the Baltic States’ recovery plans
Views: 21In September 2020, the European Commission published the Annual Sustainable Growth Strategy-2021 (ASGS-21), together with the strategic guidance for the implementation in the states of the Recovery and Resilience Facility (RRF). The ASGS-21 is a follow-up of the previous year’s strategy with four main guiding principles: sustainability, productivity, fairness and macroeconomic stability; these dimensions will […]