Views: 24The 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. […]
Category: Science and innovation
covering increasing role of science, research and innovation in the modern national development models
European AI regulation: world’s first law in digital transition
Views: 42The 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 […]
AI perspectives: pros and cons
Views: 19In numerous circumstances and occasions the AI performance is much better than that of humans. At the same time, there are many “issues” where AI is lagging behind. Although presently the generative AIs are widely used in numerous human activities, a couple of American researchers noted that “generative AI had a long way to […]
Rule of law in the European Union: new annual report
Views: 50The 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. […]
EU finances: the role of European Insurance and Occupational Pensions Authority
Views: 26The European Insurance and Occupational Pensions Authority, EIOPA plays a vital role in the EU-wide financial stability, e.g. in avoiding risks, in formulating digital strategy and transformation, as well as in using blockchain framework, crypto currencies and in approaching supervisory technologies.
COP-29: continued fossil fuel consumption versus emission’s control
Views: 31Authorities in Azerbaijan – the country hosts this year’s global climate summit COP29 – suggest that continued fossil fuel extraction might be compatible with the global climate agreement. With four months to go until COP29 kicks off in Baku, the Azerbaijani presidency announced a flurry of initiatives, non-binding pledges and partnerships to be signed […]
Artificial intelligence for sustainability: education and skills
Views: 25The United Nations Higher Education Sustainability Initiative, HESI initiated a Global Forum-2024 on “The Future of Higher Education for Sustainable Development”. This annual HESI event was held in New York in mid-July as a special conference devoted to coming this fall the High-Level Political Forum on Sustainable Development, the UN’s main platform for reviewing […]
Anatomy of digital finance in the European Union
Views: 31The EU-wide specific financial framework, i.e. the capital markets union, has been at the heart of the Commission’s ambition in boosting growth, supporting innovation and promoting European global competitiveness. The EU financial sector has the potential to multiply sustainable finance and become a global leader in this area. The sector is having also a […]
European economy and eurozone: challenges abound
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 […]
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 […]