Modern EU

International Internet Magazine. Baltic States news & analytics Thursday, 09.07.2020, 21:30

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Baltic States’ tasks: enhancing responsibility in priorities

Baltic States’ tasks: enhancing responsibility in priorities

15.06.2020

All EU states, including those in the Baltic Sea area are facing an urgent task of conducting public debates followed by adopting “post-pandemic” socio-economic policies; the latter have to be responsive to peoples’ needs and be oriented to optimal future growth strategies. Such a task requires adequate analysis of countries’ specific sectoral priorities and re-assessment of the forward-looking political economies…

Keyword tags: Covid-19, Crisis, Economics, EU – Baltic States, Modern EU



Financing EU’s agricultural policy and fisheries in the next budget for 2021-27

Financing EU’s agricultural policy and fisheries in the next budget for 2021-27

04.06.2020

The European common agricultural policy, CAP is strategically important in ensuring food supply and product’s security in the EU. An adequate financial support for CAP in general (with € 391 billion) as well as for rural and agricultural sectors is vital for achieving the green growth and sustainable agricultural production and fisheries.

European rescue plan and solidarity

European rescue plan and solidarity

28.05.2020

The new financial supplement to the rescue plan with €750 bn and a long-term €1.1 trillion for 2021-27 will be discussed on 19 June. It seems that nationalism dominates over solidarity, as differences in approaches are to large...


Managing COVID-19: additional support for science and innovation

Managing COVID-19: additional support for science and innovation

22.05.2020

To succeed against the coronavirus, the states must see the socio-economic aspects and the most optimal ways in using available funds, explore modern technological solutions, first of all to monitor the spread of diseases and provide a better care for patients. These means, secondly, use of numerous digital solutions and technologies’ applications, e.g. telemedicine, open data, AI, robotics, and photonics.

Support for Latvian farmers

Support for Latvian farmers

15.05.2020

European Commission has approved Latvian scheme to support companies active in the primary agricultural production sector affected by the coronavirus outbreak in a volume of €1.5 million. Now it is the competence of Latvian authorities to evenly distribute the allowed support for most needed. In this way the EU assists the states in national support measures to mitigate the economic impact of the present crisis in a coordinated way, in line with EU rules.


12.05.2020

Modernising the EU’s legislation: Commission’s initiative

The European Commission has launched the Fit for Future Platform, F4F as the high-level expert group, which will help the Commission to simplify existing EU laws and reduce administrative burden for citizens and businesses. It will also help ensure that the EU legislation remains future-proof and tackling numerous new global and European challenges.

22.04.2020

Learning by good examples

While Latvian authorities are trying to find to mitigate post-virus’ consequences, Turiba University arranged an online conference on perspective Latvian growth patterns. Taking Singapore as an example (widely known as “the Asian’s tiger”, which during about 50 years turned from a “third country” to a leading global economy), the participants wondered what can be done to emulate a positive path to progress.

10.04.2020

Modern science: providing a viable remedy for the post-pandemic period

At the present turbulent times and afterwards, affected by the corona virus, the unprecedented approaches and decision-making in all spheres of socio-economic growth are needed. Scientific community is the only valuable resource in EU and the Baltic States to help the governments in formulating optimal answers to new visions in changing policies, governing structures, businesses and universities.

07.04.2020

The Commission and EIF invest in states’ entrepreneurship

Commission and European Investment Fund (part of EIB Group) unlock €1 bn in finance guarantees for 100 thousand SMEs. This will allow providing liquidity in the states in the amount of about €8 bn.

03.04.2020

Educational revolution: the needs and solutions

Working online has inspired the education community to reassess the teacher’s role in delivering knowledge and secure student’s analytical skills. Education process has been changed since the widespread digital facilities entered students and teachers’ environment. The age-old education systems are facing dramatic challenges, a sort of “educational revolution”.

02.04.2020

Making business fit for the future: deliberations on corporate perspectives

SMEs are the backbone of the member states’ economies: they represent over 95 percent of all entrepreneurship’s activities (about two-thirds of the total employment in the private sector) and create about 85 per cent of new jobs. However, recently SMEs have been under severe stress; besides, most of them are “turning digital” – the process entails several problems to be resolved.

27.03.2020

Commission’s approval for Latvian loan and subsidies for SMEs

In mitigating negative effects to the member states economy, the governments are facing numerous challenges: disruption of supply chains, lower consumer demand, production deficiencies, as well as decrease in investment and liquidity constraints for undertakings. The Commission has approved Latvian loan guarantee scheme and subsidize for companies affected by coronavirus outbreak.

20.03.2020

Cultural and creative sector: exploring financial support

Cultural and creative sector, including SMEs, remains poorly exploited and at risk, European Commission acknowledges. Great and important cultural sector’s potentials in all EU states require some support: hence, modern European guarantee’s program is aimed at providing support. The Baltic cultural sphere shall be more active in acquiring these funds.

19.03.2020

Towards a “balancing theory” in the EU-Baltics’ relations

European socio-economic integration has experienced numerous positive member states’ involvement in the process through some modernized “adaptation” means, like cohesion, subsidiarity, division of competence, European Semester, etc. However, some additional approaches are needed to mitigate growing discontent; in this regard a “balancing model” is suggested to specify most optimal relations between the EU institutions and the states.

18.03.2020

European “green deal”: benefits for business and consumers

The Commission’s “green deal” adopted in December 2019, represents a European ambitious plan towards a climate-neutral circular economy, strengthened competitiveness, protecting the environment and giving additional rights to consumers. The “green deal” requires the member states’ governments to take decisive actions in adopting circular economy plans as the main part of new EU priorities.

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