European banks and financial sector in need of additional efficiency

Views: 22A vital goal of the European integration process is to make the EU-wide financial system more efficient. To ensure the financial system orderly functioning and stability, the European Banking Authority, EBA is monitoring and analyzing risks and vulnerabilities relevant to the regulations for banks, investment companies and firms. EBA also facilitates information sharing among […]

Strategic technologies in the member states: EU-wide supporting measures

Views: 45Newly adopted amendments to the guidelines on regional state aid will allow the EU member states to increase support for developing the so-called critical technologies in the less advantaged European regions. The amendments will also enable investments in clean- and bio-technologies, digital and deep-technology sectors in view of strengthening European competitiveness and preserving cohesion […]

Infringement decisions in Europe: complying with the Union’s law

Views: 34In its regular package of infringement decisions, the European Commission pursues legal action against EU member states for failing to comply with their obligations under the Union’s law. These decisions, covering various sectors and EU policy areas, aim to ensure the proper application of EU law for the benefit of citizens and businesses. The […]

Clean technologies in European manufacturing: vital legal measures

Views: 66The EU legislative institutions adopted recently the Net-Zero Industry Act, NZIA which is aimed at strengthening the member states’ manufacturing capacities in key clean technology sectors. By creating a unified and predictable business environment for the clean-tech manufacturing, the NZIA increases the competitiveness and resilience of the EU’s industrial base, supports quality jobs creation […]

Decarbonized gases and hydrogen in the EU: recent reforms

Views: 31Present electricity and gas market reforms in the EU member states are aimed at boosting the development of hydrogen and other decarbonised gases and sources. These reforms highlight European determination to pursue the clean energy transition and at the same time enhancing security of supply and consumer protection; the reforms are based on the […]

Extraordinary supporting measures in decarbonization: French example

Views: 42The European Commission has approved a €4 billion French scheme to support national measures aimed at reducing greenhouse gas emissions in the manufacturing sector and help the country’s transition path towards a net-zero economy; the measures are in line with the EU-wide Green Deal Industrial Plan. The national scheme is also vital in supporting […]

Critical raw material supply chains in Europe

Views: 30The entry into force of the European Critical Raw Materials Act, CRM it is vital step in the EU-wide efforts aimed at ensuring diverse, secure and sustainable supply of critical raw materials for the member states’ industrial development. For example, secured access to critical raw materials is essential for such strategic sectors as clean […]

Carbon neutral sources of energy: European vision

Views: 18According to the EU ambitious plans, the member states should transform national economies in line with the EU-wide integrated approaches using sufficient instruments and promoting the most energy efficient and renewable source for all developmental sectors. Besides, the approach will be supplemented by promoting a system efficiency leading to a reduction of energy required […]

Carbon removal market in modern political economy: global and European approaches

Views: 26The process of mitigating negative climate-effective measures in national development includes several general (involving altering political economy’s facets, etc.) and specific means (like adaptive measures concerning increasing healthy environment and reduction of emissions, etc.). The article deals with some aspects of these pressing issues.