actics are more important than strategy and less important than vision. That appears to be the new set of rules in today’s business world. Businesses cannot simply follow in the footsteps of their larger rivals; they must forge their own path. In the past, transnational champions would compete alongside one another

n 2016, the Commission put forward new strategic connectivity objectives for 2025 as part of its digital single market strategy. These should prepare Europe for the roll-out of the next generation of broadband infrastructure with gigabit speeds, including both fixed and mobile internet access (5G). Once available, from 2020 onward,

The Commission is taking further steps to drive forward the Capital Markets Union (CMU), a pivotal project of the Juncker Commission to boost jobs and growth in Europe. fter almost two years since the launch of the CMU Action Plan, the Commission is presenting today a number of important new initiatives

European Commission sets out possible ways forward for the deepening of Europe's Economic and Monetary Union ollowing the Commission's White Paper on the Future of Europe presented on 1 March, the Commission now sets out possible ways forward for deepening Europe's Economic and Monetary Union. The reflection paper builds on the Five

he European Commission has adopted new initiatives on school and higher education, including a proposal on graduate tracking to help Member States collect information on what graduates do after their studies. The overall aim of these initiatives is to help Member States provide high quality and inclusive education for all young

he Commission proposed a draft budget for 2018 of €161 billion in commitments to stimulate the creation of more jobs, especially for young people, and to boost growth and strategic investments. Building on the actions already undertaken in previous years, next year's EU budget will continue dealing effectively with the migration

orld Bank has published 14th Doing Business report for 2015-2016 period. According to the report, Montenegro was ranked 51th out of 190 economies covered. That is three places lower than previous year, if the same methodology was applied to the DB 2016 report. Methodology updates* As part of a three-year update in

The European Central Bank (ECB) published its 16th report on the results of the “Survey on the Access to Finance of Enterprises”. The report provides evidence on changes in the financial situation, financing needs and access to financing of small and medium-sized enterprises (SMEs) in the euro area in the

Commission forecasts 2017 euro area growth of 1.5% and EU growth of 1.6%  conomic growth in Europe is expected to continue at a moderate pace, as recent labour market gains and rising private consumption are being counterbalanced by a number of hindrances to growth and the weakening of supportive factors. In

Key findings The past year saw the continuation of accession negotiations with the EU. The parliamentary elections of October 2016 were conducted under a substantially revised legal framework and, overall, in a more participatory and transparent manner. In December 2015, Montenegro received an invitation to join NATO, which is an important

vropska komisija objavila je godišnji paket proširenja. U njemu se ocjenjuje sprovođenje ključnih političkih i privrednih reformi u zemljama Zapadnog Balkana i Turskoj te se navodi što je potrebno da se uradi kako bi se odgovorilo na preostale izazove. Između ostalog, Komisija preporučuje da države članice razmotre otvaranje pristupnih pregovora sa

he ‘Big Three’ credit rating agencies – Standard & Poor’s, Moody’s, and Fitch – enjoy an oligopolistic position on the market for the rating of private and public debt. In the run-up to the financial crisis, we now know, they were over-optimistic with their ratings, but once the crisis hit,