Modern EU

International Internet Magazine. Baltic States news & analytics Tuesday, 21.05.2019, 05:58

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Combating VAT fraud: new EU’s efforts to assist member states

Combating VAT fraud: new EU’s efforts to assist member states

16.05.2019

The new system – the Transaction Network Analysis, TNA, which is introduced by the European Commission in mid-May 2019, is aimed at assisting the EU-states in rapid exchange of information and in jointly processing VAT data in cross-country’s trade. That would lead to earlier detection of suspicious networks and reduce negative effect on public finances.

Keyword tags: Analytics, EU – Baltic States, Latvia, Modern EU, Taxation



Latvian bioeconomy: challenges, perspectives and solutions

Latvian bioeconomy: challenges, perspectives and solutions

13.05.2019

Bioeconomy’s share in Latvian GDP has reached already about 15 per cent. But the sector has huge potentials both in the national structural development and in its regional transformation. And the sector’s role will increase in the future: hence the attention to biomass’ exploration and management, as well as to educational issues in bioeconomy and sustainability policy.

Goals and commitments for the EU’s future: reaching for the stars…

Goals and commitments for the EU’s future: reaching for the stars…

07.05.2019

Although it is an informal summit on May 9, the EU leaders will discuss the European next strategic agenda for the period 2019-24 and exchange views on the existing challenges and priorities. It is interesting, what the Baltic States’ politicians think about these priorities?


Attention to nature and environment protection

Attention to nature and environment protection

07.05.2019

According to a new Eurobarometer survey, Europeans are increasingly concerned about the state of the natural world. In an overwhelming consensus, 96% of the more than 27.000 interviewed citizens said that the EU and the states have a responsibility to protect nature and that this is also essential for tackling climate change.

Innovative approach to investment: new EU’s strategic priority

Innovative approach to investment: new EU’s strategic priority

24.04.2019

European Parliament agreed on the InvestEU, a programme to boost investment in the member states during the next long-term EU budget. The agreement brings InvestEU closer to its practical implementation. Over the next decade, the programme will unlock at least €650 billion to be invested in the European future growth and peoples’ wellbeing.


04.04.2019

Moving towards a European transparency register for lobbyists

Three EU legislative institutions - the Parliament, Commission and Council – are having a third round of talks in spring 2019 on the proposal for a mandatory “transparency register” for lobbyists working in the EU’s institutions.

03.04.2019

Circular economy –new EU rules for plastic waste

First step was made towards tackling marine litter: European Parliament adopted the Commission’s draft to forbid most types of single-use plastic products generally found on European beaches. Besides, the draft lays foundations to a new European plastic economy, where the design and production would fully respect reuse, repair and recycling while more sustainable materials are being developed.

27.03.2019

Baltic Sea region: attention to mobility and sustainability

Several main issues were discussed during this year’s Baltic Sea Region Forum of Finland concerning regional future challenges, organised by the Centrum Balticum, including the labour mobility and sustainability, with some circular economy issues included. Over 300 hundred participants and 27 outstanding speakers from all walks of political, academic and business communities in countries around the Baltic Sea took part in the forum.

22.03.2019

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.

15.03.2019

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.

12.03.2019

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.

11.03.2019

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.

04.03.2019

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.

28.02.2019

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.

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