EU policymakers have noted that growing the region’s economy while maintaining its bureaucratic red tape is like trying to run a marathon in iron shoes.
As the Digital Markets Act (DMA) enters its implementation phase, the European Commission is investigating whether the proposed solutions of dominant tech firms (gatekeepers) comply with the mandates of the DMA.
The EU influences regulations in all member states directly through EU regulations, which have immediate legal effect within their national legislative system, and indirectly through EU directives.
When Slovakia joined the EU in 2004, the union accounted for 26 per cent of the world's gross domestic product (GDP), just behind the US at 28 per cent.
Covid–19 has done more than cause a medical and economic crisis. It is provoking a major reorientation of the foreign policy of both the United States and Europe.
While the media, right and left-wing parties and the average newspaper reader celebrate in anticipation of “helicopter money” from Brussels, or otherwise the so-called “Next Generation EU”.
At the last Eurogroup meeting, Eurozone finance ministers agreed to set up a ‘Recovery Fund’ to help trigger an economic rebound once the lockdowns are over.