Leading the first cloud and edge computing project of common interest in Europe is Italy

The ‘Next Generation Cloud Infrastructure and Services’ proposal, which was presented by seven EU nations for EUR 1.2 billion in state aid, has been approved by the European Commission. Five of the 19 participating companies are Italian: Tim, Reply, Tiscali, Fincantieri, and Informatics Engineering Brussels – Italy demonstrates that it is not just hanging around…

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ECB cannot lower rates until it sees inflation below 3% by the middle of 2024, according to Stournaras

December 18, Frankfurt  – ECB officials Yannis Stournaras told  that before starting to reduce borrowing costs from record highs, the bank must see inflation stabilise below 3% by the middle of next year. Stournaras’s remark, which comes from an outspoken dove, highlights the ECB’s determination to stop the biggest wave of inflation in the 20…

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In orbit is a “new” planet. The EU will launch Destination Earth, a digital version of Earth, in 2024.

Two “digital twins” on climate change adaptation and meteorological and geophysical hazards will be executed at the operational level starting in June of the following year. By 2030, every digital model on the planet—including those related to biodiversity and the oceans—will be combined into a single, comprehensive reproduction. Brussels – Destination Earth, or DestinE, is…

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Conference on Innovation Procurement

Procurement of innovations has been a topic of discussion in Europe for a while. And with good reason! It has the potential to be a very effective tool for promoting innovation in policy, which will help improve government performance, increase corporate competitiveness, and solve social issues. An international conference on innovation procurement is being held…

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“Most ambitious ever” trade agreement between Von der Leyen and a developing nation is signed in Kenya.

With regard to social and climate change, the partnership offers “the strongest social and climate commitments of any EU trade agreement with an African country.” The deal calls for Kenyan businesses to have duty-free access to the EU single market immediately and for Kenya to gradually open up to European businesses. Brussels – In Africa,…

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World Cup 2022: 1 Year On

The Middle East’s football legacy was touched by Qatar’s incredible World Cup 2022, which helped to bridge the long-standing sports divide between Europe and Asia. Qatar 2022’s FIFA World Cup was an incredible competition that cemented a lasting legacy for the nation. 32 nations competed for honours in what many have called the greatest World…

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