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EU Commission announces new Digital Infrastructure Initiative
The European Commission has unveiled a comprehensive set of proposals aimed at bolstering the innovation, security, and resilience of digital infrastructures across the continent. With the relentless march of technological progress, the future competitiveness of Europe’s economy hinges upon the robustness of its digital network infrastructures. From telemedicine to automated driving, predictive maintenance of buildings to precision agriculture, fast, secure, and widespread connectivity is indispensable for the deployment of these groundbreaking innovations. Keep reading.
Europe reaches agreement on Carbon Removals Certificate
The European Parliament and the Council reached a temporary agreement on the implementation of the first EU-wide voluntary framework for the certification of high-quality carbon removals. This Carbon Removal Certification Framework Regulation development marks a pivotal step towards bolstering innovative carbon removal technologies and carbon farming practices, all of which are instrumental in advancing the EU’s climate, environmental, and zero-pollution objectives. Keep reading.
Eire News: 2023 Annual Report on Public Debt highlights improving position
This week, Minister Michael McGrath published the Department of Finance’s seventh annual assessment of public indebtedness in Ireland. There were several positive aspects to the report including the fact that Ireland is running a General Government Balance of close to 3% of national income and that gross nominal debt has fallen from its peak of €236 billion in 2021. However, some other aspects of the report highlighted how debt per capita is high, yet the debt service burden has eased in line with EU norms. Keep reading.
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