In accordance with the Commission’s Work Programme for 2015, the review will be preceded by the evaluation of a Regulatory Fitness and Performance Programme (REFIT) aimed at assessing whether or not the current regulatory framework is “fit for purpose.”
After years of being ignorant to the ICT and the digital economy in general, the Czech Republic has now changed its position and declares its full support to the digital agenda as well as the EU Digital Single Market Strategy. The problem, however, is that the actual implementation of these promises has been lagging behind for a long time.
In considering what regulation is necessary for the implementation of the Strategy, it should be remembered that market concentration does not necessarily indicate market power and market changes are frequently the result of innovation. Also, legal certainty is crucial for business.
The objective of this paper is to comment on the “Better regulation for better results – An EU agenda” from May 19, 2015 (hereinafter – EU BR Agenda) in a broader context. The EU BR Agenda confirms the existing schemes and frameworks of EU Better Regulation policy, expresses a firm political commitment to continue efforts in this regard, and embraces evolutional – not revolutionary – novelties.
At least 70% of all drafts of normative acts submitted to the Bulgarian Parliament are with no justification and assessment of expected costs and benefits. This leads to wrong policies, costly policy mistakes, burdened businesses, unpredictable business environment and opportunities for lobbyist to act in favour of specific groups.
A common EU cyberspace market is expected to transform cyberspace into a favourable environment for new businesses and provide even the smallest digital companies with access to 500 million consumers across the EU. It is indeed an excellent intention, but what are the steps to a successful implementation?
A few weeks ago, the Fed expressed no intention to increase interest rates, but the will to maintain the current ones of 0 to 0.25%. The problem is that cheap money does not only indicate the prevailing economic problems, but imply long-term negative impact on both savers and economy.
On May 6, 2015, the European Commission announced the Digital Single Market Strategy. It is a set of policies aimed at encouraging the development of innovation, digital technologies and cyberspace. The intentions are good, but will implementation be successful?
May 1, 2014 – A new recast of the Law on the Acquisition of Agricultural Land in the Republic of Lithuania1 (hereinafter referred to as “LAAL”), also known as the land “safeguards” law, has taken effect. The law stipulates provisions that limit the right to freely operate in the agricultural market by restricting agricultural land purchase and sale transactions.