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In 2020, the Member States of the EU spent around €311 billion on research & development (R&D). This is a decrease of €1 billion compared with 2019 (€312 billion). The R&D intensity, i.e. R&D expenditure as a percentage of GDP, stood at 2.3% in 2020, compared with 2.2% in 2019. However, this small increase is […]
Towards a minimum wages in the European Union. A new draft EU law will ensure a minimum level of wage protection in all member states, in order to guarantee decent living standards for workers and their families. In a vote on Thursday 25 November 2021, MEPs on the Employment and Social Affairs Committee backed laying […]
The European Council agreed its position (‘general approach’) on the proposal for a Digital Markets Act (DMA). The proposal aims to ensure a competitive and fair digital sector with a view to promoting innovation, high-quality digital products and services, fair prices, and high quality and choice in the digital sector. Online platforms offering core platform services – […]
Post-Covid19: The European Council adopted (on 23 November 2021) conclusions on enhancing preparedness, response capability and resilience to future crises. The conclusions, prepared by the Slovenian presidency, set out a series of measures designed to improve resilience, preparedness and response. They stress that the creation of the Integrated Political Crisis Response (IPCR) arrangements in 2013, […]
The draft law blacklists certain practices of large platforms and enables the Commission to carry out market investigations and sanction non-compliant behaviours. The Internal Market and Consumer Protection Committee adopted this morning by 42 votes in favour, two against and one abstention its position on the Digital Markets Act (DMA) proposal, which sets rules on […]
The euro area annual inflation rate was 4.1% in October 2021, up from 3.4% in September. A year earlier, the rate was -0.3%. European Union annual inflation was 4.4% in October 2021, up from 3.6% in September. A year earlier, the rate was 0.3%. These figures are published by Eurostat, the statistical office of the […]
European Union. Digital transition, startups and Smart villages: Reaping new opportunities from the digital transition: Speech delivered at launch event of the Startup Village Forum. According to the speech (click here to read it): Smart Villages and Startup initiative The Startup village initiative can complement the important work already being done in the Smart Villages […]
The Council has reached today (16 November 2021) an agreement with the European Parliament on the 2022 EU budget, setting total commitments at €169,5 billion and payments at €170,6 billion. Next year’s budget strongly reflects the EU’s main priorities: economic recovery, fighting climate change, and the green and digital transitions. It also leaves enough resources […]
Artificial Intelligence (AI) regulation should focus on the level of risk associated with specific uses, a draft report presented in the AIDA committee on Tuesday 9 November 2021 says. The draft text, presented by the rapporteur, says that the public debate should shift towards a focus on the enormous potential of AI, which offers humankind […]
Corporate tax transparency: MEPs okay new country-by-country reporting rules. Multinationals will have to publically disclose the amount of tax they pay in each EU country By adopting this legislation on Thursday 11 November 2021, plenary closed a legislative process prolonged by five years of foot-dragging by some EU governments. Multinationals and their subsidiaries with annual […]
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