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.
Consumer protection in Europe: combating sneaky practices
Views: 21Commission’s actions adopted recently are specifically focusing on the assessment of Meta’s practices under the EU consumer legislation. The action started in 2023, immediately after Meta requested consumers either to subscribe to use Facebook and Instagram against a fee or to consent to Meta’s use of their personal data to be shown personalized ads, […]
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 […]
Altered European political economy: challenges and solutions
Views: 37European Union is a constantly moving and adapting “mechanism” for the continental integration. Recently, the EU leaders have abandoned, in part or in whole, the previous political-economy’s theories and principles they cherished for so long; hence the EU-27, as it seems, has set aside the geopolitical corporate competition. However, the leaders are trying to […]
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 […]
Household savings in the EU states: revised accounts
Views: 28EU’s institutions periodically revise the member states’ budget accounts and balance of payments in order to “harmonise” national finances. According to the EU’s recommendations, the member states are supposed to carry out a “benchmark revision” of their national accounts estimates in 2024.
“Greens” in Europe: climate ambition versus political gains
Views: 21At stake for the party presently are such issues as –internally- its credibility and political fortune, as well as the future of the European Green Deal, externally. The party-grouping in the European Parliament, EP intends to advocate a more ambitious climate action, but it has to convince others of the approaches’ benefits. The Greens […]