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Eurozone recovery remains uncertain

mennessä CrNet Oy | marras 19, 2024 | Science and Research News of Sustainable Development

The pound faced a sharp decline of over 2.5% against the US dollar last week, driven by underwhelming UK economic data. September’s GDP figures showed a 0.1% contraction, falling short of the anticipated 0.2% growth. This negative sentiment was compounded by strong US...

Commission carries out unannounced antitrust inspections in the data centre construction sector

mennessä CrNet Oy | marras 19, 2024 | Science and Research News of Sustainable Development

The European Commission is carrying out unannounced inspections at the premises of companies active in the data centre construction sector. In parallel, the Commission has sent out formal requests for information to several companies active in the same sector. The...

Autumn 2024 Economic Forecast: A gradual rebound in an adverse environment

mennessä CrNet Oy | marras 18, 2024 | Science and Research News of Sustainable Development

After a prolonged period of stagnation, the EU economy is returning to modest growth, while the disinflation process continues. The European Commission’s Autumn Forecast projects GDP growth in 2024 at 0.9% in the EU and 0.8% in the euro area. Economic activity...

Commission receives seven proposals for AI Factories which will boost AI innovation in the EU*

mennessä CrNet Oy | marras 12, 2024 | Science and Research News of Sustainable Development

The first seven proposals for artificial intelligence (AI) Factories have now been submitted under the EuroHPC Joint Undertaking (JU), which manages the call announced in September 2024. These AI Factories will create a thriving European ecosystem for training...

Record-breaking industrial interest under the 2024 round of the European Defence Fund

mennessä CrNet Oy | marras 8, 2024 | Science and Research News of Sustainable Development

EU defence industry, including small-and-medium-sized enterprises (SMEs), and research entities submitted a record high number of proposals under the 2024 European Defence Fund (EDF) calls for proposals. A total of 298 proposals compete for funding worth €1.1 billion...
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