Modern EU

International Internet Magazine. Baltic States news & analytics Monday, 25.03.2019, 00:09

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Corporate tax in EU- eliminating loopholes

Corporate tax in EU- eliminating loopholes


New rules on common corporate tax in the EU entered into force this year. The idea is to eliminate some loopholes in corporate entities, which are avoiding paying taxes. As a rule, corporate taxation is within the domain of the member states. This time the EU institutions took the initiative in order to reduce tax evasion.

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

European dimension in education: perspectives for Latvia

European dimension in education: perspectives for Latvia


Progressive education is a vital instrument in predicting future growth and formulating a sound public policy. Modern national governance is facing several challenges, which are already generally changing traditional approaches to labour markets, university’s education and new digital economy’s applications. Besides, sustainability and circular economy issues form a new trend in education and training.

New impetus into circular economy’s perspectives

New impetus into circular economy’s perspectives


Commission’s report on the implementation of the EU’s initial circular economy action plan presents the main results of the 3 years’ extensive efforts towards a climate-neutral, competitive circular economy (CE) with a reduced pressure on natural, freshwater resources and ecosystems in the member states.

New EU rules reduce formalities for living and working abroad

New EU rules reduce formalities for living and working abroad


Presently about 17 million EU citizens live and/or work in another EU country than their own. Around two million citizens are cross-bordering daily for work/study in one country but live in another. New rules radically simplify the procedures involved and increase freedom of movement in the EU states.

Winter-2019 Semester: the Baltic States’ position ranks positive

Winter-2019 Semester: the Baltic States’ position ranks positive


A major instrument for the EU institution to assist the member states in activating their reforms has been the Structural Reform Support Programme (SRSP), which provided technical support in designing and implement growth-enhancing reforms. The ultimate controlling mechanism was embodied in the European Semester.


Supporting sustainability: EU’s financial innovation

Financial sector in the member states is quite aware of the difficulties in providing support for low-carbon development and sustainability. To boost investment in sustainable and new generation of low-carbon projects, the EU created some financial incentives with the “indication points” on financing low-carbon economies. Now it is the member states’ turn to “accommodate” the new rules.


Modern EU industrial policy: EU’s assistance to the Baltics States growth

The future of Europe's industry depends on the member states’ ability to continuously adapt and innovate by investing in new technologies and embracing changes brought on by increased digitisation and transitions to low-carbon and to circular economy. The EU’s innovative measures to activate member states’ industrial development need to be assessed carefully by Baltic States’ decision-makers.


Transport in the Baltic States’ cities: reducing air pollution

EU legislative institutions (the Parliament and the Council) agreed on a stricter air pollution control in the cities. For the first time in the EU’s history, the states are forced to reduce CO2 emissions by 30%, compared with 2019 level. The states will make city’s air quality better excluding polluting transport in cities by 2030.


Digital agenda and e-trade: perspectives for business in the Baltic States

European digital single market has opened additional opportunities for corporate activity in the Baltic States. Recently, the two EU legislative institutions, i.e. the European Parliament and the Council of Ministers reached an agreement on the online sales of goods and supply of digital content and services.


Legal clarity for international couples

There are more than 16 million international couples in the present EU-28. Quite often they face difficulties in dealing properties and other issues. The new rules make it easier and cheaper to divide joint assets, provide some relief to people in difficult circumstances; besides the couples will benefit from clear procedures in divorce or death of a partner.


Activating business and research: additional EU’s investment initiatives

The investment conditions in Europe have improved since the Commission adopted an investment plan in mid-2015 due, in part, to structural reforms in the member states and more favourable European economic situation. Besides, the EU institutions have implemented some strategic “interventions”, e.g. in the form of a European Fund for Strategic Investments. There are numerous Latvian agencies to support innovation.


Recent EU issues for decision-makers, businesses and developers

"The Baltic Course" continues informing the readers about most interesting aspects of European integration, including business, investments, industrial production and many other things.


Climate neutral Europe's strategy by 2050: effect for the Baltic States

The Baltic States can lead the way to climate neutrality by investing into realistic technological solutions and aligning action in such areas as industrial and agricultural policies, finance and research, etc. while ensuring socio-economic fairness during the transition.


Euro celebrates 20 years in the EU and 5 years in Latvia

Euro celebrates 5 years in Latvia and 20 years in the EU. Europeans are feeling strength, convenience and stability of the common currency. Global community acknowledged euro as a reliable international currency: it is part of an SDR’s basket with the US$, the UK pound and the Japanese yen. But euro is only a part –though important –in a national growth; sound economic policies, which are in the hands of politicians, are key issues.


Perspective directions for Latvian science and research

Research and innovation in microelectronics is regarded as “key enabling technologies” (KET) and signifies as a groundbreaking direction in the European science and technology. New EU rules and funding opportunities can stimulate the Baltic States’ research communities and that of Latvia to be more active to participate in microelectronics’ research.

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