ax competition as such cannot be avoided, but today’s system has reached its limits and led to unwanted side effects. Small firms should not have to bear the tax burden of multinationals that pay very little. Action is needed to harmonise corporate tax practices across Europe, so as to make

uring the First Innovative Enterprise Week in Riga, the EIB Group and the European Commission (EC) have launched three new financial products to boost the competitiveness of innovative companies in Europe under the "InnovFin – EU Finance for Innovators" programme. The EIB and the EC have also expanded the “InnovFin

odgorica, Montenegro: In organisation of Montenegrin Ministry of Work and Social Welfare, Ministry of Foreign Affairs and European Integrations and with help of Capacity Development Programme (CDP) Operational Programme for Education, Employment and Social Policies sector (2015-2017) public consultation was held. The Meeting was opened by Head EU Chief Negotiator for

he European Council confirmed a political agreement on the reform of the Travel Package Directive. The new directive will update current EU rules on package holidays by aiming to adapt to travel market developments in order to meet the needs of consumers and businesses in the digital era. It will extend the protection for traditional packages to

ontenegrin Ministry of Finance has published XXXIV bulletin, which mostly reflects first quarter of 2015. In introduction, Minister of Finance Radoje Žugić reviews macro-economic indicators and trends in Montenegro. Žugić highlighted the issue of steady but insufficiently high economic growth since 2013 (2-3%) and the issue of the turnaround of the public debt trend in the focus of

all for Proposals for Grant Scheme "Transfer of knowledge between sectors of higher education, research and industry" is open. Eligible are scientific and research institutions, small to medium enterprises, high educational institutions, non-governmental organisations, social partners, unions, syndicates, centers of excellence and scientific-technological parks from Montenegro. Reference Number: EuropeAid/136938/ID/ACT/ME   Call deadline: August 10th

At the European Economic and Social Committee (EESC) plenary session the vice-president of the European Commission Jyrki Katainen, whose remit covers jobs, growth, investment and competitiveness, announced that EUR 75 million would be made available to SMEs in late April 2015 under the new European Fund for Strategic Investment. The EESC opinion

Montenegrin Ministry of Economy has announced the call for 2015-2016 Business Cluster Support Programme. Aim of the programme is financial support to entrepreneurs, micro and small-to-medium enterprises which are 100% owned by private sector, in order to overcome business "bottlenecks". Financial support is focused on covering costs of procurement (excluding

The European Commission today launched its landmark project to unlock funding for Europe’s businesses and to boost growth in the EU’s 28 Member States with the creation of a true single market for capital. The Capital Markets Union aims to break down the barriers that are blocking cross-border investments in the

The European Investment Bank (EIB) lends EUR 15 million to SZRB (Slovak Guarantee and Development Bank) to finance SMEs and Mid-Caps. One of the objectives of the loan is also the support of Youth Employment initiatives under EIB’s “Skills and Jobs – Investing for Youth” programme. One third of young Slovaks

The EU's app sector has gone from zero to digital superhero in less than five years. By 2018 it could employ 4.8 million people and contribute €63 billion to the EU economy according to a report presented in Brussels today. The study, carried out by GIGAOM and NUI Galway for

Erasmus+, the new EU programme for education, training, youth and sport, due to begin in January, was approved today by the European Parliament. Aimed at boosting skills, employability and supporting the modernisation of education, training and youth systems, the seven-year programme will have a budget of €14.7 billion - 40%