by Serik Nugerbekov, Senate Deputy of the Parliament of the Republic of Kazakhstan , Co-chairman of the Coordination Council in the Eurasian Economic Club of Scientists Association, 28.04.2014.
In light of global destructive phenomena associated with growing tension of the financial markets, collapse of currencies in the developing countries and a slowdown in the major economies of the world, anti-crisis imperative Astana Economic Forum becomes a serious argument in favour of the creation of the coordinated economic policy in modern times.
In modern conditions adoption of a long-term UN World Anti-Crisis Plan (WAP) is historically necessary. Nowadays, the world expert community actively discusses the Concept of the WAP, displayed at G-Global information communication platform, virtually and in the frameworks of international conferences and outreach events held by the Eurasian Economic Club of Scientists Association (EECSA) and the Renovating Bretton Woods Committee worldwide. The Draft Concept of the World Anti-Crisis Plan (CWAP) is based on the outcomes of I World Anti-Crisis Conference (WAC) held in May 2013 in Astana under the support of the UN General Assembly and the Russian Federation as Chairman of G20. This is a result of consolidated governments’ efforts, central banks, and international development institutions, world scientists and experts, and representatives of global civic community whose aggregate opinion formed the basis of a plan for the UNO. Set of proposed systemic measures to improve the system of the world economy are scientifically proven approaches in resolving current problems and ways in preventing future recessions. They are directed on the provision of long term balanced economic growth with creation of global and effective coordinated policy and new world financial architecture.
Judging by the positive UN experts and other international development institutions feedback, the CWAP on the whole is qualitatively developed and its provisions meet the vitally important needs of all states in the world. For instance, R. Bendini, Expert, International trade Department of the Directorate General of the European Parliament’s foreign policy has positively praised a discussion on social issues mentioned in the CWAP. Besides, he has evaluated quality of proposals in improving global governance noting that this part needs additional provisions related to G20 because this group, clearly, has lost momentum to create effective system of global governance.
It is worth mentioning that today there is only the Draft Concept of the World Anti-Crisis Plan of a long-term UN World Anti-Crisis Plan (WAP) which will have to undergo a few stages of additions and corrections before it is finally outlined. But the question is how actively leading international organisations take part in this process, each one of which is founded to provide real progress in its field. World population is entitled to demand from organisations as the UN, the IMF, the World Bank, the ILO, the WHO and other global organisations financed by ordinary tax-payers of our planet to perform its direct functions and not to be limited by organizational formal procedures.
In the conditions of systemic crisis of the world economy Kazakhstan, by the President of the Republic of Kazakhstan Nursultan Nazarbayev’s initiative, has made a major part in global historical mission to team world scientists and practitioners’ efforts within the Eurasian Economic Club of Scientists Association (EECSA), who have developed anti-crisis discussions in the format of Astana Economic Forum at a global level- World Anti-Crisis Conference and G-Global. Now hands can help the head. In other words, to tune up the world business and financial institutions, who value stability, with the realization of the Draft Concept of the World Anti-Crisis Plan. In this question nobody should remain on the sidelines because crisis threats to undo not only plans but also significantly disrupt the activities of global markets subjects.
Emphasing the importance of upcoming VII Astana Economic Forum (AEF), Triyono Wibowo, the President of the Trade and Development Board (TDB), UN Conference on Trade and Development (UNCTAD) has noted that this year in Astana we are given an opportunity to discuss what has happened throughout these years and what other global challenges the world will still face. Therefore, it will be an event of great historical importance.
Global cooperation vectors
Starting from July 1st 2013 G-Global information communication platform within the frameworks of Virtual project “VII Astana Economic Forum and II World Anti-Crisis Conference” hosts preliminary discussions, talks and videoconferences online aimed at reviewing key questions of VII AEF and WAC sessions as well as the Draft Concept of World Anti-Crisis Plan. With the launch of the Virtual project “VII Astana Economic Forum and II World Anti-Crisis Conference” at G-Global platform around 14 000 reports and research works, 45 400 expert observations and comments have been accumulated, as well as 329 video conferences held with active involvement of leading experts and scientists. In order to effectively develop the Draft Concept of World Anti-Crisis Plan, representatives of the EECSA jointly with the Renovating Bretton Woods Committee have held 34 WAC outreach events in a number of countries worldwide. In particular, the events took place in the USA with the participation of Congressmen and the Senate Deputies in many countries of Europe, Latin America, Australia, China, Hong Kong, Indonesia, and Russia and in many other regions of the world. In coming days 5 similar outreach events are scheduled.
In the light of modern socio-economic, financial and other problems of the globalized world «G-Global» mega project of the President of the Republic of Kazakhstan N. Nazarbayev and anti-crisis theme of the Astana Economic Forum find positive response in almost all parts of the globe. In the implementation of agreed anti-crisis measures all States are interested in today including the G-20 group, for which questions of the provision of economy growth, employment and quality of life are no less problematic and relevant than for any other country in the world.
In September 2013 at the Summit in St. Petersburg the G-20 leaders laid foundation for the development of comprehensive strategies for economic growth, employment and other purposeful indicators, consideration of which should take place at the G-20 Summit in Brisbane in 2014. It should be noted that Australia, as a country chairing G-20 this year, has distinguished questions of productive employment, labor productivity growth, competitiveness and investments among its key priorities. That is, it is a list of thematic directions that world scientists and practitioners have been actively discussing for the last six years at the Astana Economic Forum, and as part of WAC since last year. Because thematic vectors of AEF and WAC intercross with current priorities of the Big Twenty, then it is impossible to misuse these points of convergence productively in making more informed decisions and agreed to follow the practice, and by the Draft Concept of WAP implementation in particular.
The perspectives of this cooperation were discussed by the EECSA at the Conference of the Club of Madrid in Brisbane in the beginning of current year, which comprises around 200 former country Heads and governments. Representatives of G-20 group, the World Bank, the ILO, including former US President Bill Clinton, former Secretary General Kofi Annan, Christian Figueres, managing director of the UN Framework Convention on Climate Change and other key figures of global policy and economy have participated in the Conference.
The Conference was devoted to major problems of the modernity- employment and stable economic growth. As disturbing factors of global economic destructiveness the participants have noted a rising tide of socio and social disharmony exacerbated by the lack of jobs, increased migration and other problems typical for the period of deep economic recession. In some regions of the world the slowdown of economy did not only lead to a high level of unemployment but in essence to the crisis of social model of the society. This has forced the governments of many countries to take measures that are fundamentally contrary to their immutable principles. Addressing these systemic questions of the present requires, first of all, acknowledgement of drastic measures to eliminate systemic causes of the financial and economic upheavals which has also been noted by the EESCA delegation.
At the events in Brisbane EECSA representatives have demonstrated to the Club of Madrid participants principles of new world order G-Global put forward as an alternative of XXI century by the President of the Republic of Kazakhstan N. Nazarbayev. At the same time, it was agreed to expand and deepen collaboration between the Club of Madrid and EESCA. Notably, the Club of Madrid has not only confirmed its participation in VII AEF and WAC but it has also initiated to organize an event within the Forum framework attracting very influential members of this international political club.
Earlier this month in Lausanne, Switzerland the FT Commodities Global Summit –2014 conference held a presentation of the President of the Republic of Kazakhstan N. Nazarbayev’s book “G-Global: the world of the XXI century” which reveals the essence of the Kazakhstan’s G-Global initiative based on five principles: evolution and rejection from revolutionary changes in politics, justice, equality, consensus, global tolerance and trust, transparency and constructive multi-polarity. EECSA and official delegation has participated in this event where they have actively presented and promoted VII AEF, WAC and the Draft Concept of WACP. As it is known, VI AEF in May 2013, chaired by the Russian Federation in G-20, hosted an outreach event with the participation of a group of developing and developed nations. Today this practice is continuing under the Australian chairmanship in Big Twenty aided by a growing understanding in the world of global initiatives of the President of the Republic of Kazakhstan N. Nazarbayev and dialectic G-Global multipolar world.
Dialogue in Washington, D.C and at Wall Street
This year, among oversea events of the EESCA in connection to the presentation of the Draft Concept of WACP, VII AEF and II WAC has been an outreach-event held in Washington, D.C. themed as “The revival of growth and building resilience to the global economy” under the auspices of the Australian chairmanship in the G-20 group (as part of preparation to VII AEF and II WAC). It was devoted to the issues of stabilization and balanced economic growth, provision of long term financing and IMF role in interconnected and interdependent world financial system.
During the Draft Concept of WACP presentation, Mark Uzan, EECSA Vice-president, the Executive Director of the Renovating Bretton Woods Committee has presented to the participants of the meeting main points of the Document. At the same time a growing importance of Astana Economic Forum as a global format reflecting consolidated opinion of scientific and business communities for a number of systemic problems of world economy and finance was emphasized. The presentation has had a broad response and support from the guests of the event.
With equal interest to the anti-crisis discussions of Astana and the Draft Concept of WACP the participants have treated an outreach event conducted in the main financial centre of the world – the New York Wall Street. Representatives of the world financial markets and investment companies have attentively listened to meaningful information about the activities of global scientists and practitioners headed by a group of Nobel laureates at the AEF dialogue platform. They have also learnt about the G-Global initiatives and projects, and discussed an agenda of upcoming VII AEF and II WAC. In addition, the participants of the meeting have received a more concrete idea about the Kazakhstan development priorities outlined in Kazakhstan-2050 strategy; they have also discussed questions of attracting investments in the non-primary sectors of our economy.
The presentation was attended by the chairman of high tech NASDAQ company, David Wilde, Managing Partner, CAPMEX, former president of the Vienne Stock Exchange Hannes Takacs, Director General of the Frankfurt Stock Exchange Dr Rudiger von Rozen, and dozens of other experts of world financial markets and companies. All of them have highly praised Kazakhstan’s actions in seeking for ways out of global crisis, including creation of healthy investment climate in the country.
As honorary vice-president of New York Stock Exchange Donald Calvin has noted, “Astana Economic Forum will certainly be of an interest to international stock exchanges. Kazakhstan possesses a large investment potential, including a perspective of attracting investments through Kazakhstan Stock Exchange. It is advisable to KASE to continue in expanding and enhancing trade with Kazakhstani companies. We, as international stock exchange representatives, are ready to offer them support in this question”.
Reminding that in December last year G-Global initiative and EESCA projects were highly praised by the Washington D.C. Conference devoted to Kazakhstan-American partnership with the participation of 30 Senate deputies and Congressmen. In April this year G-Global mega project was presented to the participants of one of the key sessions of annual Turk-American Convention in Washington, D.C. The Forum consisted of four sessions oriented at New Silk Way, Eurasian Energy Summit, Energy Security of the Transatlantic Trade and Investment Partnership (TTIP) and also, Strategic collaboration of the USA in Central Asia. Annual Turk-American Convention focuses on strengthening of political, economic and social connections between Turkic countries and the USA. This year a number of participants was more than 200 people. Thus, Kazakhstan participation is crucially important in the face of EECSA representatives in the current format of dialogue and mega project G-Global presentation, VII AEF and II WAC.
On April 14th and 15th this year the UN headquarters, New York hosted high level special meeting of the UN Economic and Social Council (ECOSOC). A number of ministers of the UN member-states, representatives of international organisations have participated where EESCA representatives have presented mega project G-Global, VII AEF, II WAC and the Draft Concept of WACP. Notably, the EESCA has received ECOSOC Councilor-observer status which gives the organisation an opportunity to be a full member of all processes in discussing the world financial economic issues. The EESCA representatives have talked to the participants about conceptual principles of the G-Global, as well as on the work of AEF, WAC, Congress of leaders of world and traditional religions and other interactive formats of Astana which caused a genuinely high interest among heads of government agencies of the UN member-states, representatives of international organisations and NGOs. They were informed about the first outcomes of the Virtual project “VII Astana Economic Forum and II World Anti-Crisis Conference” released at the information communication platform G-Global, including outreach events that have resulted in the Draft of the Concept of WACP outlined by the world expert community. The Draft will be presented for discussion at I Plenary meeting of II WAC within the frameworks of 47th annual meeting of the Board of Governors of the Asian Development Bank on May 2nd this year. Its final acceptance will be at II WAC on May 21st-23rd 2014.
During all events held in the USA EESCA official delegation representatives have invited American colleagues and partners to participate in the works of VII AEF and II WAC. Big interest from the American business representatives, politics and finance to the AEF anti-crisis imperative can be explained not only by their will to monitor the world economy development, but also in striving to develop business relations between two countries. In this regard, US former congressman Kurt Weldon’s call to the American entrepreneurs can be considered as one of the climax moments in Kazakhstan delegation’s mission to the US. In particular, at the New York meeting he noted, “If you are willing your business to grow in the XXI century, then you certainly have to visit Kazakhstan. I encourage you all to book your flight tickets to Astana and a hotel”.
Svyatoslav Anatolyevich Timashev. Collective Nobel Peace Prize 2007 – Honored Scientist of the Russian Federation
Svyatoslav A. Timashev is a member of the Interstate Council on the issue of “heavy reliability pipelines”, a member of the Scientific Council and the Dissertation Council, the American Society of Mechanical Engineers (ASME), the editorial boards of domestic and foreign journals and a founding member of the International Association for design reliability and safety.
Svyatoslav A. Timashev, a Russian citizen, was awarded a collective Nobel Peace Prize for developing methods of CO2 sequestration from the earth’s atmosphere and its disposal, together with a group of scientists of the Intergovernmental Panel on Climate Change, who together formed the International Meteorological Organization and the United Nations Department of Environmental Protection in 2007.
For his achievements, Svyatoslav Anatolyevich was awarded the VSNTO (All-Soviet Union Council of Technical Society) (1969), the medal “For Valorous Labour” (1970), the Expert Public Education Badge (1984), a COMADEM Magazine prize for the best publication in 2000, and was dubbed Knight of Justice – Commander of the Sovereign Order of the Orthodox Hospitaller Knights of St. John of Jerusalem.
S.A. Timashev shaped a new direction in the theory of reliability of large mechanical systems, solved the problem of optimization of the critical systems operation in multi-level governance class. He is the holder of nine copyright patents and author of more than 250 publications, including 19 monographs.
Svyatoslav Anatolyevich created software systems for the optimal management of the operation of oil and gas pipelines, three generations of industrial electronic systems of vibration protection, vibration diagnostics, tribodiagnostics and monitoring of energy machinery and equipment and is the founder of a new section in the theory of reliability monitoring.
He developed the scientific bases of the theory and a fundamentally new method for optimizing the operation of a complex object by the criteria of reliability and safety, as problems of multilevel governance of stochastic processes of degradation and recovery. These systems are used successfully in the Russian oil and gas industry, aviation, heavy engineering, metallurgy and other industries, as well as in university educational laboratories.
All these works have received wide domestic and international recognition, as evidenced by the election of S.A. Timashev as a member of the RF Academy of Quality Problems, a member of the Washington Academy of Sciences (USA) and the Fulbright Academy of Science and Technology (USA).
On July 26 the laureate S.A. Timashev celebrates his 79th birthday and the 58th anniversary of the start of science teaching career. He was born in Harbin, northeastern China, one of the main transit points for trade with Russia. He graduated with distinction from the Ural Federal University (formerly the Ural Polytechnic Institute).
From 1987 to the present time Professor Timashev has been the head of the Reliability Laboratory of the Engineering Complex Problem Division at IMET UNC AN SSSR. He is also Director and Academic Advisor at the Science and Engineering Center “Reliability and service life of large systems of machines” at UNC AN SSSR.
VIDEO Astana Economic Forum. Interview with Eric Maskin: Kazakhstan can be a force for modernization in the Eurasian region
Interview taken by Razvan Buzatu, from www.caleaeuropeana.ro, with Professor Eric Maskin, PhD, Nobel Laureate for Economics, Adams University Professor at Harvard University.
He is renown at international level for laying the foundation of mechanism design theory. During his career, he contributed to game theory, contract theory, social choice theory, political economy as well as other areas of economics.
Razvan Buzatu: Professor Maskin, thank you very much for accepting this discussion for Calea Europeana. First of all: why Astana?
Eric Maskin: Well Astana is now holding one of the big economic forums in the world so it’s a natural place for people who are interested in issues of our time to meet. So, I’m glad to be one of the many participants.
RB: Well, Astana these three or four days is becoming the center of the world, right, and speaking about economics and how the world works at this moment, how do you see Kazakhstan involved in the global economy?
EM: Kazakhstan has an interesting position economically and geographically. It’s close enough to Europe so that it has close ties there, but it’s also close to the Far East and given its pivotal location we can expect great things from Kazakhstan in the future.
RB: Do you think that it can play a regional role in the Eurasian region?
EM: I hope it does. Kazakhstan seems to be forward looking, progressive country and I think it can be a force for modernization in the Eurasian region.
RB: Professor Maskin you’ve designed a well known design mechanism theory, and I was wondering if you can share with us a little bit of your thoughts on how can design mechanism theory, involving also Kazakhstan, can have positive implications on the European Union economy and Eurasian economy.
EM: Well, mechanism design theory is all about how do you create the institutions for aligning incentives. Of course, each country has its own goals which are not necessarily exactly in alignment with other countries’ goals and it is the function of international institutions to reconcile possible conflicts, this could be done through international organizations, through treaties, through political unification, but mechanism design teaches us that is not enough to, say, write a treaty, say, to promote trade, but the treaty has to be written with care to make sure that all the countries who are going to be signing this treaty actually benefit from it and that may involve a series of concessions on both sides, concessions about giving something up but the benefits from conceding is that now you have an international institution which enables you to take more from other countries.
RB: Very interesting, I was talking a little bit earlier with the Deputy Director General of the World Trade Organization, and he said that the new Bali Package that they established in December last year was a negotiation and was a break through, it was basically a new step forward for the WTO in terms of negotiating between India and China and also Cuba and USA, and also USA and India, so they reached to some sort of an agreement, some sort of compromise so that they can benefit economically; in this sense it resembles a lot with the design mechanism theory.
EM: It does in deed and in fact I think that the principles from the theory have now permeated people’s conciseness enough so that when these treaties are hammered out mechanism design theory plays a role.
RB: I will go now to the other side of the world: I believe you know very well what happened in Ukraine at the end of last year and the begging of this year. How do you see mechanism design theory, using mechanism design theory, in establishing a balance in the actors that are involved and are interested in what the path of Ukraine will be in the future.
EM: That’s a very difficult question, if I knew how to solve the problem of Ukraine I would be able to perform miracles so I don’t have any magic bullets for solving the Ukraine problem. All I can say is that we know from theory that the answer to conflicts is not typically the way of isolation and I would be worried if as a result of the tension in the Ukraine, if Russia for example became more isolated from the rest of the world and from Europe in particular to the extent that the countries continue to communicate with one another, continue to trade with one another, continue to cooperate with one another, that’s the way that the international tensions are resolved. Breaking of communication, breaking of trade I’m afraid that’s the risk of heightening tensions even further so I very much hope that the isolation doesn’t occur.
RB: Thank you very much. The theory is that the trade, at the trade level, in the Ukraine nothing has stopped but at the political level there are tensions. How do you see these things going hand in hand because some of them said “listen, it’s a real crisis” and at the trade level they say “we know it’s a crisis but we are still functioning”.
EM: “still functioning” for the time being. I think that unless they improve politically there is bound to be an economic cost in a longer term. Eventually, there can be lags either way. Economics lead politics or the other way around but not indefinitely, ultimately the two go together.
RB: Can we use the game theory and the Nash equilibrium with your theory, integrated? Is that possible?
EM: Well in fact, my theory, mechanism design, is part of game theory and uses game theoretic tools like Nash equilibrium as part of its analysis.
RB: And do you think they should be used integrated?
RB: How do you think we can do that?
EM: How can we apply them to…
RB: a certain event around the world, any kind of event?
RB: Use the 3 theories integrated to find a possible solution, not the solution, to an event in the world.
EM: Well, the first thing is to try to make precise what the goals of each of the parties are, but to recognize that there will always be some uncertainty about that. In games theoretic term these are games of incomplete information “I may know my goals, but I will never know your goals completely so I have to recognize that I’m operating in a situation of uncertainty. But game theory has developed tools to study interactions under uncertainty. On top of that, one way of resolving uncertainty is through a mechanism which is just an institution for international interaction. So that I think is the integration that you are calling for. Looking at the initial situation which involves a conflict of interests which is not completely understood because of the incomplete information, but layering on top of that an international mechanism, a treaty, for example or a trade agreement which brings the various parties closer together in agreement in their interests.
RB: One last question if I may? Do you see the European Union as a global actor? Like becoming the United States of Europe?
EM: I hope it will move in that direction. The European Union has successfully integrated some of its economic policy, namely the monetary side, if it can work on its other side of economic policy, namely the fiscal policy, and integrate that, I think it has a chance of having a comparable force with the USA on the global scene, but without that kind of fiscal integration I’m afraid that it will never quite have its act together.
RB: Well professor Maskin, thank you very much for taking the time to talk to us. I’m Razvan Buzatu, for Calea Europeana, from Astana.
“Journalism education: from theory to practice” – I International Summit of Journalism “G-Global: World of the XXI century”
In the course of the VII Astana Economic Forum and the II World Anti-Crisis Conference “Eurasian Economic Club of Scientists” Association and “Success K” media agencyorganized a panel session on “Journalism education: from theory to practice” as part of the I International Summit of Journalism “G-Global: World of the XXI century”.
The session discussed the issues of how to organize cooperation between journalists and experts in other fields such as IT, statistics, graphic and interactive design in education, and how to transfer this experience in journalism.
The event was attended by Co-Director of National Security Journalism Initiative & Medill School of Journalism, Northwestern University, Timothy McNulty; Director General of the Channel 7, Aziza Shuzeeva; Professor, Head of the Media Communication and history of Kazakhstan Department,Aygul Niyazgulova; Managing editor of Caspian Publishing House, Charles Van Der Liu; Director of the media school at “Kazmedia center”, Dana Rysmuhamedova; Editor-in-chief, “Finanz und Wirtschaft”, Martin Gollmer; Director of Radio “Astana”,Gulmira Karakozov. The session was moderated by the Chairman of the Board RTRC “Kazakhstan” Nurjan Mukhamedzhanova.
Most people think that it is not necessary to get a special education to become a journalist. As in case that no one will be able to do the surgery except a surgeon, no one can know better the professional tricks of historian, economist, lawyer and journalist, – shared an opinion Gulmira Karakozov, Director of Radio “Astana”, in the course of the session. Therefore, I strongly against this majority opinion. In 2005, Kazakhstan had 19 high school faculties, branches and departments that prepared professionals in journalism, and half of them belonged to the philological and historical faculties. I would like to say, the capability of journalists who were trained by linguists or historians, and taught in accordance with tutorials on journalism will not be high. This is a stumbling block in the preparation of professional journalists. Students must be taught by a person who has experience practicing in the field of journalism, – she stressed.
Recall, a purpose of the I International Summit of Journalism “G-Global: World of the XXI century” was creation of an information platform for interaction of economics, global journalism and latest technologies.
First, in Astana well-known media persons, bright bloggers, leaders and representatives of the world’s largest media holdings, website developers, website editors, newspapers and magazines editors, scientists, who demonstrate their achievements in the media, media tools and technologies, tried and tested skills in building information business and economic knowledge in the field of journalism brought together.
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