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EU launches new €50 million pilot to develop skills and education across Europe

The European Investment Fund (EIF) and European Commission are launching a new pilot guarantee facility to improve access to finance for individuals and organisations looking to invest in skills and education. The EUR 50 million pilot scheme will support financing for students and learners, enterprises investing in the upskilling of their employees, and organisations supplying education and training.

The Skills & Education Guarantee Pilot (S&E Pilot) is a new debt financing initiative dedicated to stimulating investments in education, training and skills – as part of the solution to get more people into jobs and to respond to the European economy’s changing needs. This initiative is particularly relevant in the difficult economic situation European citizens and enterprises are facing currently due to the coronavirus pandemic. It will support companies and students during, and after, the crisis, to ensure that Europe can develop and stay at the helm of global technological developments, drive its knowledge economy forward and accelerate its economic recovery.

European Commission Vice-President for Promoting our European Way of Life, Margaritis Schinas,said: “With the potential to mobilise €200 million in investments in developing education and skills, the Skills and Education Guarantee Pilot is a stepping stone to more resilient and inclusive societies and economies while the EU recovers from the coronavirus pandemic. It can provide the necessary support to the development of learning opportunities and skills for some of the most critical sectors, such as health, education, security, the digital and the green economy. Opening the financing to learners, businesses and educational organisations will allow as many people and businesses as possible to reap the benefits.” Continue reading “EU launches new €50 million pilot to develop skills and education across Europe”

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President of the Commission outlines a path to European recovery

“The coronavirus crisis will likely redefine our politics, our geopolitics and possibly globalisation itself. And in this new world Europe will need to stick together through thick and thin”, President of the European Commission Ursula von der Leyen said at the European Parliament session that on 16 April discussed EU’s coordinated response to the coronavirus and its consequences.

Von der Leyen honoured those who lost their lives, promising that ‘we would tell their stories’. “We will remember Julie, the French teenager with her whole life ahead of her, Jan, the veteran Czech historian who always fought for what he believed in, and Gino, the Italian doctor who came out of retirement to save lives.”

Von der Leyen also used the opportunity to pay tribute to all those fighting the battle against the virus across Europe which had become ‘the world’s beating heart of solidarity’. “We have seen medical supplies go from Lithuania to Spain and respirators go from Denmark to Italy. In fact, we have seen every piece of equipment go in every direction across Europe, from whoever can spare it to whoever that needs it”, she said.

She reminded of the Commission’s actions since the outbreak: from creating common stockpile of medical equipment, to organising joint procurements, to pledging every euro left to save lives and livelihoods of Europeans. Continue reading “President of the Commission outlines a path to European recovery”

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Guidance to ensure full data protection standards of apps fighting the pandemic

Today, the European Commission has published guidance on the development of new apps that support the fight against coronavirus in relation to data protection. The development of such apps and their take up by citizens can have a significant impact on the treatment of the virus and can play an important role in the strategy to lift containment measures, complementing other measures like increased testing capacities. It is important, however, to ensure that EU citizens can fully trust such innovative digital solutions and can embrace them without fear. The largest possible participation of EU citizens is necessary to exploit the full potential of tracing apps.

EU rules, notably the General Data Protection Regulation (GDPR) and the ePrivacy Directive, provide the strongest safeguards of trustworthiness (i.e. voluntary approach, data minimisation, time limitation) for such apps to operate widely and accurately. This guidance aims to offer the necessary framework to guarantee that citizens have sufficient protection of their personal data and limitation of intrusiveness while using such apps. The European Data Protection Board was consulted on the draft guidance. By committing to those standards, the full effectiveness and compliance of such tools can be ensured, even in times of crisis.

Vice-President for Values and Transparency, Věra Jourová, said:”This is the first global crisis where we can deploy the full power of technology to offer efficient solutions and support the exit strategies from the pandemic. Trust of Europeans will be key to success of the tracing mobile apps. Respecting the EU data protection rules will help ensure that our privacy and fundamental rights will be upheld and that the European approach will be transparent and proportional.” Continue reading “Guidance to ensure full data protection standards of apps fighting the pandemic”