Balance sheets, Italy beats Finland. EU alarm on human capital | EUROtoday

The state of affairs is stunning Finland e Whentwo historically virtuous nations. The Commission has introduced that it’s going to counsel to the Council the opening of an extreme deficit process towards Helsinki: «The deficit above the reference worth in 2025 (4.5% of GDP, ndr) can’t be solely defined by the rise in protection spending.” As for the Netherlands, the national budget “is susceptible to non-compliance” with the Pact, and must therefore be modified.

Returning toItaliathe Commission has also established that, once again, the country will be the subject of a report on its macroeconomic imbalances in the spring. There’s more. Italy, together with eight other countries, will also be the subject of a report on the social situation. The country is among those in the worst situation in terms of youth unemployment, gender gap and level of gross disposable income. Spain, Greece, Bulgaria, Romania, Lithuania, Latvia, Finland and Luxembourg will also be the subject of the report.

Regarding the social situation, in a context of virtual economic stagnation, the European Commission published for the first time a recommendation all aimed at human capital in the European Union. In a 2024 survey, 77% of European companies highlighted skills shortages, particularly in more technical trades. By 2027 the European Union will need 6.2-7.0 million specialists in the field of artificial intelligence alone.

In this context, in its report the European Commission suggests lowering limitations to entry into technical professions; relaunch collaboration between universities and companies; make the educating occupation extra engaging; enhance educating in arithmetic and science, together with synthetic intelligence; optimize public spending on schooling; promote personal funding in office coaching.

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