From coal and steel to carbon-free and digital: EU reaches turning point
Years from now, 2021 may be seen as the moment the European Union took a leap forward from its post-World War Two birth as a coal and steel bloc to a modern green and digital economy.
It could also be one of the biggest missed opportunities in the 70-year history of EU integration, which has always tended to lurch forward in the aftermath of shocks ranging from the end of the Cold War to the current coronavirus pandemic.
“If now done thoroughly, it could be a real game-changer,” said Carsten Brzeski, global head of macro research for ING bank, as European capitals this week finalise plans to spend an unprecedented 750 billion euros of jointly raised EU borrowing.
“The NGEU was historically important as a tangible sign of solidarity,” said Daniel Gros, head of the CEPS think tank.
“It can have an important impact because it leads to different policy goals and political realignment for example in Italy,” he added of a country that was once the epicentre of the virus in Europe and is burdened by a legacy of national debt.
To prosper in the digital world, governments are planning to build high speed internet and mobile networks, invest in cloud computing and data storage, computerising public administration and courts or upgrading computer literacy of citizens.
Por: EurActiv e Reuters
Fonte: EurActiv, em 27 de Abril de 2021