Close Menu
    Latest Category
    • Finance
    • Tech
    • EU Law
    • Energy
    • fx
    • About
    • Contact
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Login
    • EU News
    • Focus
    • Guides
    • Press
    • Jobs
    • Events
    • Directory
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Home»Finance

    EU institutions agree deal for digital transformation of Europe

    npsBy nps14 July 2022 Finance No Comments3 Mins Read
    — Filed under: Consumer EU News Headline1 Internet Media
    Share
    Facebook Twitter LinkedIn Pinterest Email
    EU institutions agree deal for digital transformation of Europe

    Smartwatch – Photo by Ivan Samkov on Pexels

    (BRUSSELS) – The EU institutions reached political agreement Thursday on the ‘Path to the Digital Decade’ programme, setting up a cooperation mechanism to achieve targets for Europe’s digital transformation.

    These concern the area of skills and infrastructure, including connectivity, the digitalisation of businesses and online public services as well as the respect of the EU’s Digital rights and principles in achieving the general objectives.

    Welcoming the agreement, Internal Market Commissioner Thierry Breton said: “The Digital Decade policy programme is the way towards a more innovative, inclusive and sustainable future for Europe. Unlocking the potentials of the digital transformation, specifically by setting up and implementing multi-country projects, will pave the way for a competitive and sovereign Europe.”

    To monitor progress, the Commission, together with the Member States, will develop projected EU-level trajectories for each target. In turn, the Member States shall propose national strategic roadmaps, outlining their national projected trajectories and actions to achieve the objectives and targets, including planned regulatory measures and investments.

    Progress will be measured with key performance indicators (KPIs) based on an enhanced Digital Economy and Society Index (DESI), and evaluated against the developed trajectories in an annual report on the “State of the Digital Decade” that will be presented to the European Parliament and Council. To give a comprehensive overview and analysis of the digital transformation, the report will also review progress made with regard to the Digital Decade targets, objectives, as well as rights and principles.

    Member States and the Commission will cooperate to address areas where progress is insufficient and where there are continuous deviations from national trajectories. At any point, the Commission and Member States may undertake joint commitments and establish multi-country projects to meet the 2030 digital targets.

    The Commission will be rtasked with reviewing the targets by 2026 to take stock of technological, economic and societal developments.

    Through multi-country projects, Member States will be able to pool resources and cooperate closely to build digital capacities that they would struggle to deliver on their own.

    The Commission has identified an initial list of areas for investment for multi-country projects, including common data infrastructure, deployment of 5G corridors, connected public administration, high-performance computing, European Blockchain Services Infrastructure and low-power processors, for example. The Commission is ready to guide Member States in defining and developing multi-country projects and may suggest some during the cooperation cycle.

    The policy programme creates a new legal instrument, the European Digital Infrastructure Consortium (EDIC). The EDIC will help in the implementation of multi-country projects and make it easier for Member States to join efforts when they invest in digital infrastructures.

    The political agreement reached by the European Parliament and the Council is now subject to formal approval by the two co-legislators. Once approved, the Digital Decade policy programme will enter into force.

    Policy Programme: Path to the Digital Decade - guide

    General information page – Digital Decade Policy programme

    Factsheet – Path to the Digital Decade

    Factsheet – Digital Rights and Principles

    Digital Decade Community on Futurium

    Add A Comment

    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    nps
    • Website

    Related Content

    EUR/USD touches one year low as Trump takes control of Congress – Euro currency news daily

    Council agrees reform of EU VAT rules for the digital age

    Eurozone Economic Calendar

    One step closer towards a Single VAT Registration in the EU

    Funding Opportunities in the European Union

    Guide to accessing EU funding and tenders

    LATEST EU NEWS

    EU approves EUR 300m for common defence procurement projects

    14 November 2024

    EU proposes e-declaration for the posting of workers

    14 November 2024

    EU calls on Apple to end geo-blocking on media services

    14 November 2024

    EUR/USD touches one year low as Trump takes control of Congress – Euro currency news daily

    14 November 2024

    EU artificial intelligence factories set for 2025

    13 November 2024
    BRIEFING

    Agenda

    This week, COP29 begins in Azerbaijan; finance ministers discuss the EU's annual budget for 2025; and MEPs hold a plenary session on EU-US relations, EU summits, deforestation and COP 29...

    EUbusiness Week

    This week competitiveness and environment ministers will hold informal meetings…

    Eurozone Economic Calendar

    Key economic calendar events for the week 11 to 16 November 2024

    The Week's Top Stories

    This week competitiveness and environment ministers will hold informal meetings…

    Advertisement

    Subscribe to EUbusiness Week

    Get the latest EU news

    Latest Posts

    EU approves EUR 300m for common defence procurement projects

    14 November 2024

    EU proposes e-declaration for the posting of workers

    14 November 2024

    EU calls on Apple to end geo-blocking on media services

    14 November 2024

    EUR/USD touches one year low as Trump takes control of Congress – Euro currency news daily

    14 November 2024

    CONTACT INFO

    • EUbusiness Ltd 117 High Street, Chesham Buckinghamshire, HP5 1DE United Kingdom
    • +44(0)20 8058 8232
    • service@eubusiness.com

    INFORMATION

    • About Us
    • Advertising
    • Contact Info

    Services

    • Privacy Policy
    • Tems
    • EU News

    SOCIAL MEDIA

    Facebook
    eubusiness.com © EUbusiness Ltd 2025
    Design and developed by : Dotsquares

    Type above and press Enter to search. Press Esc to cancel.

    Sign In or Register

    Welcome Back!

    Login below or Register Now.

    Lost password?

    Register Now!

    Already registered? Login.

    A password will be e-mailed to you.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok