Modern EU

International Internet Magazine. Baltic States news & analytics Monday, 18.12.2017, 18:38

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Being informed about EU legislation: new online register

Being informed about EU legislation: new online register


To better inform wide public and business about contemporary EU decision-making process, a new common online register is being launched at the end of December 2017. Anyone can now easily search and find delegated acts linked to certain economic sectors. It also allows users to subscribe and receive notifications about the development of specific delegated acts which they are interested in.

Keyword tags: EU – Baltic States, Internet, Law and Regulations, Legislation, Modern EU, Technology

“Smart” SMEs projects will be approved by the EU’s two institutions: EFSI and EIB

“Smart” SMEs projects will be approved by the EU’s two institutions: EFSI and EIB


European Parliament adopted Commission’s draft for enhancing the European Fund for Strategic Investments (EFSI). Thus, EU legislative institutions supported new EFSI, called EFSI-2.0 version aimed at modernising EU and states’ financial resources for “smart” projects from January 2018, while removing existing barriers for investments in European perspective SMEs.

EU’s Economy & Finance Minister’s idea becomes a reality by mid-2019

EU’s Economy & Finance Minister’s idea becomes a reality by mid-2019


A new Commission “roadmap” is aimed at concrete measures for deepening Economic and Monetary Union. In mid-2019, a new EU Minister for finances and economy may help the Baltic States taking steps for greater unity and efficiency. Besides, a new European Monetary Fund would assist existing Single Resolution Fund in facilitating an orderly resolution of distressed banks in the EU states.

New VAT system based on EU states’ cooperation

New VAT system based on EU states’ cooperation


The common Value Added Tax (VAT) system plays an important role in European Single Market, e.g. it is a major source of EU’s revenue providing for over €1 trillion yearly; it corresponds to 7% of Union’s GDP. Commission suggests new rules aimed to facilitate information exchange and cooperation among national tax authorities and the EU.

Food and farm sector becomes the domain of national political decisions

Food and farm sector becomes the domain of national political decisions


The Commission’s ideas of supporting farmers through sustainable agriculture in simpler and more flexible rules have been sent to EU states in the Commission’s Communication concerning European food and farming sector. Following subsidiarity principle, new agricultural policies shall be made by the states in developing national food and farm sectors with sufficient control from the Commission.


EU’s international cooperation and development aid: business opportunities

The European Commission revealed concrete investment areas in the EU’s External Investment Plan. This plan will mobilise €44 billion of sustainable investment for African and EU’s neighbourhood countries. Such investments are expected to reduce emigrants’ flow to Europe and help to assist businesses interested in external activities.


European Semester aims at sustainable and inclusive growth

European Semester is a specific EU’s control instrument over member states’ development. At the end of 2017, Commission sets out EU's economic and social priorities for 2018 and gives policy recommendation for the euro area states and completes the assessment of these states' draft budgetary plans. The Baltic States’ draft budgets are regarded compliant with the requirements for 2018.


Modern complex social problems: robotics, basic income and safety nets

EU and global economies are facing “labour problems”: in various states angry workers denounce both a shortage of jobs and low wages. Besides, robots already appear to be a threat to workers being able to replace millions of humans. Another issue is that of the basic income: the idea attracts attention around the world providing potentials for a universal social safety net implementation.


Task Force to show efficient EU policy implementation in the states

A special task force aims to ensure better EU policies implementation: the approach is called “doing less more efficiently”. Recommendations are expected on: better application of subsidiarity and proportionality principles, on policy areas which could be re-delegated or returned to the EU states, and on showing ways of better involving regional and local authorities in EU policy implementation. Good ideas for Baltics to emulate…


European Education Area by 2025: potentials for growth, jobs and unity

European Commission has formulated its vision on creating a European Education Area by 2025. With the debate on the future of Europe in full swing, the Commission’s leaders are concentrating their efforts on collective steps to overcome the forthcoming challenges and making the EU more resilient to possible risks. Increasing educational potentials as drivers for jobs and growth is in the common interests of all EU states.


Inequality remains a challenge in education and training in several EU states

The EU member states have to do more to overcome inequalities in education systems. Education has a special role in building a fairer society by offering equal chances to everybody. That was the outcome of a new Commission's Monitor published recently.


EU's economic forecast in Autumn 2017: growth in changing policy context

According to Autumn forecast, the European economy will continue to grow in both the euro area and in the EU as a whole at 2.1% in 2018 and at 1.9% in 2019; previous Spring forecast showed growth in 2018 at 1.8% in the euro area and 1.9% for the EU. Over the next two years, unemployment is set to decrease further to 8.5% in 2018 and 7.9% in 2019.


Digital agenda for a circular economy: a new EPC's project

European Policy Center, EPC invited participants for a project for some 12-18 months, which will focus on individual workshops' implementation for digitalisation to boost the circular economy. Baltic States have strong chances to increase their digital issues to support sustainability approaches in a modern economy styles.


Commission's proposal to cut transport emissions

In a joint proposal (8.xi.2017) by two Commissioners, Miguel Arias Cañete and Maroš Šefčovič, the Commission suggested carbon emissions reduction target for cars and vans of 30 percent by 2030 compared to 2021 levels. However, the Commissioner from Germany, Günther Oettinger, has formally decided to push the matter to a debate and vote rather than wave the proposal through the EU institutions.


Financial situation in the EU’s eurozone: urgent issues for 19 states

A number of topics were discussed during a regular Eurogroup meeting in early November 2017, including preparation for the Euro Summit at the end of 2017. Among the main issues among 19-members’ zone were banking union in general and its legal aspects, investment in human capital, fiscal policies and reducing debt levels.

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