REFORMS; INVESTMENT AND GROWTH: AN AGENDA FOR FRANCE

From a report submitted by Jean Pisani-Ferry to Emmanuel Macron, Minister for Energy, Industry and Digital Affairs

EU-FUNDED AIRPORT INFRASTRUCTURE: NEED FOR BETTER SUPERVISION

Transport infrastructure projects, including airport-related actions, are an important area of spending from the EU budget. The EU has spent over 4.5 billion euro on air transport related investments in the years 2000-2013 via the ERDF, the Cohesion Fund and the TEN-T programmes. Out of this sum 1.2 billion euro was spent on airport-related investment in technologies and multi-modal connections and 500 million on studies and smaller infrastructure works in airports in non-cohesion policy areas.

INTERNET OF THINGS AND POLICY OPTIONS

Based on a Report of the RAND Corporation Final Report (D7) 31st May 2013 (Prepared for the European Commission, DG Communications Networks, Content and Technology (CONNECT)

Definition

The Internet of Things builds out from today’s internet by creating a pervasive and self-organising network of connected, identifiable and addressable physical objects enabling application development in and across key vertical sectors through the use of embedded chips.

SYRISA AND EUROPEAN BRINKMANSHIP

Brinkmanship is defined as the art or practice of pressing a dangerous situation to the limit of safety and peace in order to win an advantage from a threatening or tenacious foe.

The landslide victory of SYRIZA (Coalition of the Radical Left) in Greece's national elections is likely to have important consequences at the national and European level. The way this development is treated by European leaders will be influential on the future of the European Union.

INDUSTRIAL INTERNET AND RECOMMENDATIONS TO PUBLIC POLICY MAKERS

“The industrial Internet is here and now. Leading companies across multiple industries are already reaping tangible benefits in improving operations, lowering costs, generating revenues and creating competitive differentiation. Major smart cities such as Barcelona, Chicago and Hamburg are also benefiting from reduced crime, improved urban services and better infrastructure integrated with real time, connections, servers and data.

HIGHLIGHTS FROM DAVOS 2015

World’s most pressing issues and long-term challenges, include inequality, climate change and terrorism.

 Highlights from Davos 2015

GREEK CHOICES AFTER THE ELECTIONS

1. Exit is not an option: Greece would enter another deep recession, which would push unemployment up further and reduce budget revenues, requiring another round of harsh fiscal consolidation. Euro-area creditors would lose a lot on their Greek claims and private claims on Greece would also suffer. Moreover, exit would also risk the stopping of EU-budget related inflows to Greece (cohesion and structural funds, agricultural subsidies).

TAPPING THE LED REVOLUTION

There is a revolution in the lighting market, and the catalyst is light-emitting diode technology better known as LED. LED is a semiconductor device that produces light. Essentially, it is a solar cell working in reverse. Instead of converting light into electricity, it converts electricity into light. Unlike conventional light sources: incandescent, halogen, fluorescent, compact, high-intensity, discharge, LED emits light in a narrow range of wavelengths such as red, green, or blue. For general illumination, various approaches (such as colour mixing) are applied to obtain white light.

IT’S NOW UP TO NATIONAL GOVERNMENTS

As the European Central Bank deploys its most powerful economic weapon, the onus for growth now lies with the 19 individual countries in the euro currency union, a fractious and highly political group.

The central bank, though, is stretching the limits of its power with the bond-buying program. And if it is not enough to address what ails Europe, any further stimulus efforts would fall to national leaders. It is now up to national governments to step up their efforts to rekindle growth.

ECB TO INJECT € 1.1 TRILLION IN THE EUROPEAN ECONOMY

The European Central Bank has taken a dramatic step to stimulate the region's troubled economy, unveiling a massive bond buying program worth at least $1.3 trillion. President Mario Draghi said the ECB program would cover public and private sector securities including -- for the first time -- bonds issued by eurozone governments.

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