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This At A Glance summarises the original workshop proceedings, which presented the discussions that took place during the IMCO online workshop held on 26 May 2021 on the Digital Services Act (DSA) and the Digital Markets Act (DMA). The workshop was structured in two panels, each consisting of three presentations and two Q&A sessions. The first panel focused on the DSA. The second panel was devoted to the DMA. This document was provided by the Policy Department for Economic, Scientific and Quality ...

Low IT spending by banks: Reason for concern?

Análise aprofundada 24-06-2021

We collect data on IT spending as reported by banks directly supervised by the ECB in their 2020 annual reports. Slightly more than 50% of these banks report their IT spending. Our analysis, using data for those banks that do report IT expenditure, suggests that the distribution of IT expenses as share of operating income, operating expenses or total assets is uneven. We identify banks that score low on one or more of these ratios. It turns out that this group is very diverse. We argue that these ...

Slovenia will, in the second half of 2021, hold its second Presidency of the Council of the EU since joining the EU in 2004. It will conclude the work of the Trio Presidency composed of Germany, Portugal and Slovenia. Slovenia is a democratic parliamentary republic with a proportional electoral system. The Slovenian parliament is bicameral, made up of the National Assembly (composed of 90 members) and the National Council (composed of 40 members). In the National Assembly, there are 88 representatives ...

Digital markets act

Briefing 28-05-2021

This briefing provides an initial analysis of the strengths and weaknesses of the European Commission's impact assessment (IA) accompanying the above-mentioned proposal, submitted on 15 December 2020 and referred to the Committee on Internal Market and Consumer Protection (IMCO) of the European Parliament. The proposal is part of the digital services act package, which includes the digital services act itself. In her political priorities for the European Commission, President Ursula von der Leyen ...

The Digital Europe Programme is a new financial support tool for the 2021-2027 period, aimed at bolstering the digital transformation of society, the economy and public administrations in the EU. With a financial envelope of €7.6 billion (in current prices), a figure 17.5 % lower than the initial Commission proposal, it will build up digital capacity and infrastructure and support a digital single market. The programme will operate mainly through coordinated and strategic co-investments with the ...

Digital Europe programme 2021-2027

Em síntese 21-04-2021

In 2018, under the new Multiannual Financial Framework (MFF) for 2021-2027, the Commission put forward a proposal for a programme aimed at building the EU's strategic digital capacities (supercomputing, cybersecurity, artificial intelligence and skills) and at facilitating the deployment and uptake of digital technologies across Europe. Following an early second-reading agreement reached on 14 December 2020, Parliament is expected to vote on the proposal at second reading in April, finalising the ...

Digital Services Act

Briefing 30-03-2021

The IA underpinning the proposal for a Digital services act contains a lot of valuable information and is based on solid sources and broad consultations. However, the analysis could have been more coherent in its problem definition and more specific regarding the practical implementation of the assessed three broad option packages in addition to the status quo. It could have been also more transparent, precise and complete regarding the data and methods used for the analysis, and regarding the quantitative ...

Online platforms such as Google, Amazon, and Facebook play an increasingly central role in the economy and society. They operate as digital intermediaries across interconnected sectors and markets subject to network effects. These firms have grown to an unprecedented scale, propelled by data-driven business models. Online platforms have a massive impact on individual users and businesses, and are recasting the relationships between customers, advertisers, workers, and employers. This has triggered ...

Digital services act

Briefing 03-03-2021

The rules governing the provision of digital services in the EU have remained largely unchanged since the adoption of the e-Commerce Directive in 2000, while digital technologies and business models continue to evolve rapidly and new societal challenges are emerging, such as the spread of counterfeit goods, hate speech and disinformation online. Against this backdrop, in December 2020, the European Commission tabled a new legislative proposal on a digital services act to amend the e-Commerce Directive ...

Although there is no legal definition of a 'smart village' within EU legislation, there are a number of distinguishing features associated with the smart village concept, with the involvement of the local community and the use of digital tools being seen as core elements. The concept implies the participation of local people in improving their economic, social or environmental conditions, cooperation with other communities, social innovation and the development of smart village strategies. Digital ...