Modern EU

International Internet Magazine. Baltic States news & analytics Monday, 24.09.2018, 15:10

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Commission President’s last official message: appeal for strong and united Europe

Commission President’s last official message: appeal for strong and united Europe

13.09.2018

European Commission President Jean-Claude Juncker delivered his fourth (and final in his term) annual State of the Union 50-minute long speech, in which he expressed official EU’s vision for a "stronger and more united" Europe. The President touched upon numerous other topics, e.g. growing nationalism, Brexit, geopolitics, migration and the euro. For the Baltics, money laundering issue has become vital too…

Keyword tags: Analytics, EU – Baltic States, Financial Services, Modern EU



World Food Summits: urgent issues with focus on gastronomy (part II)

World Food Summits: urgent issues with focus on gastronomy (part II)

06.09.2018

In the previous article main issues presented at the Copenhagen World Summit-2018 in the beginning of September were discussed. In the second article, some practical “tools” are addressed which have been seen during a specific part of the summit called “Bite Copenhagen”. This food fair was a showcase of practical gastronomy as the art of choosing products, cooking and eating.

EU and Altum in support for Latvian SMEs

EU and Altum in support for Latvian SMEs

06.09.2018

European Investment Fund and ALTUM, a Latvian state-owned development institution, signed a microfinance guarantee agreement under the EU Programme for Employment and Social Innovation (EaSI). The agreement allows ALTUM to provide loans to 600 micro-entrepreneurs over the next 3 years in Latvia.


World Food Summits: urgent issues being seen and resolved (part I)

World Food Summits: urgent issues being seen and resolved (part I)

03.09.2018

Attention to food as a global agenda is justified presently: people’s life and wellbeing to a great extend depend on healthy food and quality products. Some recommendations from recent World Food Forum in Copenhagen are well worth taking into consideration by the Baltic States’ politicians and decision-makers. The article consists of two parts: one about the issues discussed at the summit, the second –about practical gastronomy solutions.

Financial and banking sectors in the Baltics: politics and economics combined

Financial and banking sectors in the Baltics: politics and economics combined

30.07.2018

After months in waiting, already closed ABLV (3rd biggest bank by assets in Latvia) is under a turbulent process of liquidation, which will be as long and dramatic as its closure: “the liquidators” are distributing what has been left to customers. Banking scandal in Estonia adds to uncertainties. It seems that political elites in the Baltics have turned a blind eye to these extraordinary situations.


23.07.2018

Mobility and education progress in modern EU

New Commission’s initiatives aim at enhancing learning mobility and educational opportunities in the EU states, as well as empowering and encouraging young people to participate in civic and democratic life in their countries. These initiatives are expected to harness the potential of culture for social progress and economic growth in Europe.

18.07.2018

“Big data” technologies to assist business, education and public management

Politicians and economists in the EU states are striving to align industrial development with business and education. The same is the problem for the Baltic States. To solve the issue, some suggest a more extensive use of digital society’s opportunities. Numerous EU programs provide a feasible assistance: politicians just have to be more active.

17.07.2018

How is the European Union progressing towards its Europe 2020 targets?

The Europe 2020 strategy, adopted by the European Council in June 2010, is the European Union's agenda for jobs and growth for the current decade. As a main objective, the strategy strives to deliver high levels of employment, productivity and social cohesion in the Member States, while reducing the impact on the natural environment.

12.07.2018

Promoting “creative business”: Commission’s proposal for the next budget

For the next long-term 2021-27 EU budget, the European Commission is proposing to increase funding for Creative Europe, the EU program to support numerous cultural and creative sectors, as well as audiovisual works in the member states, to about € 2 bln. The Baltic States have a great chance to use financial support for creative businesses.

06.07.2018

EU Customs Union celebrates its 50th anniversary

European Customs Union terns 50! During these years the Customs Union has developed into a cornerstone of the Single Market, kept the EU trade borders safe while protecting European citizens from prohibited and dangerous goods. It also facilitated a growing portion of global trade: EU customs handled 16% of the world's commerce in 2017. In short, it has been one of the greatest EU achievements.

29.06.2018

Lifting trade and investment barriers for European businesses

New annual report “Trade and Investment Barriers” recently published shows that the European Commission has eliminated many trade barriers for the EU companies in trade with foreign countries. About 90 barriers were lifted for businesses through the EU Market Access Partnership since the end of 2014 and 45 during only one year -2017.

29.06.2018

Farming in the EU and the Baltic States: time for change

Most of the agricultural plots in the EU states are quite small – less than 5 ha, with quite low level of concentration of arable lands: about 3% of EU farms are of 100 ha and more, though they occupy over half of Europe’s arable land. The farmers are becoming older: one third is 65 years of age and older, while only 11% of farmers were younger than 40 years old.

25.06.2018

Research and innovation activities in Europe: solid background for growth

The Commission's 2018 European Innovation Scoreboard shows that the EU's innovation performance continues to improve, but further efforts are needed to ensure Europe's global competitiveness.

22.06.2018

The EU new VAT system facing modern challenges

The Commission has welcomed the agreement reached by the EU states (22.06.2018) on new tools to close loopholes in the EU's Value Added Tax system. Existing inconsistencies can lead to large-scale VAT fraud causing losses of €50 billion for the EU states' budgets each year. New VAT system will provide the EU states with a reliable exchange information system to cooperate closely in combating criminal and terrorist activities.

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