EU News - 26 December 2012

€84,8 million from the EU funds to support reforms in Bosnia and Herzegovina

The European Commission announced the allocation of €84,8 million in Bosnia and Herzegovina to support reforms necessary to help the country move forward on its path towards European integration.

Read more …

The R&D intensity of European ICT sector was more than four times the average of all business sectors in the EU

A new report showed that the Information and Communication Technologies (ICT) sector is one of the most research intensive sectors in the EU economy. In 2009 the ICT sector accounted for 17% of the EU's total business R&D expenditure, while only representing 4% of the EU's Gross Domestic Product (GDP). This share of GDP - stable over the last few years - amounted to a value added of €470 billion in 2009 and represented over 6.1 million jobs.

Read more …

In the EU, support to the real economy on the basis of temporary crisis rules dropped to more than 50% in 2011 compared …

The European Commission's 2012 State Aid Scoreboard revealed that the volume of national support to the financial sector actually taken by banks between October 2008 and 31 December 2011 amounted to around €1.6 trillion (13% of EU GDP). Moreover, reflecting both a low uptake by companies and the budgetary constraints of most EU Member States, support to the real economy on the basis of temporary crisis rules dropped to €4.8 billion in 2011, a fall of more than 50% compared with 2010.

Read more …

Adopted the new Eastern Partnership Police Cooperation Programme

The European Commission adopted a new programme to support cooperation on police services between the EU and the Eastern Partnership (EaP) neighbouring countries. The Eastern Partnership Police Cooperation Programme is designed to reflect the required reforms of the law enforcement sector to support progress towards deep and sustainable democracy within the European Neighbourhood region.

Read more …