What is the European Recovery Fund?
the Next Generation European Recovery Fund in the United States This is a special supplement to the European Union budget which aims to repair the economic and social damage caused by the COVID-19 pandemic.
The objective is for the countries benefiting from the fund to invest and reform to reduce the impact of the pandemic and create a more sustainable and sustainable economy and jobs.
Next Generation EU adds an additional € 750 billion to the EU budget. This means that the initial budget will practically double and that the EU will have the largest budget in its history to help countries emerge stronger from the crisis.
One of the main pillars of the European Recovery Fund is the Recovery and Resilience Mechanism, which provides grants and loans worth € 672 billion to EU countries. Spain will be the country that will receive the most funds in grants, with a total of 69,000 million euros.
How will Spain invest the European Recovery Fund in digitization?
The general state budgets for 2021 already include a first batch of new generation EU funds, equivalent to € 26.6 billion. Of the total amount that will be received, the government will allocate a third to digital transformation. This amount is well above the minimum percentage required by the European Union (20%) and the Community average.
To know how this money is going to be invested, we need to analyze Spain’s Digital Agenda 2025, which foresees the following budget items:
1097 million euros to promote digital skills among the population.
€ 583 million to extend digital connectivity to the entire population, helping to close the digital divide between rural and urban areas.
418 million euros for the digitization of the national productive fabric.
€ 370 million for the digitization of the public sector, including sectors such as justice, health, employment policies, consulates and territorial administration.
330 million euros for the deployment of disruptive technologies such as artificial intelligence and the data economy.
315 million euros for digital transformation projects in strategic sectors, such as health, tourism, agribusiness, mobility and commerce.
300 million euros for the deployment of 5G.
213 million euros for the development of cybersecurity.
109 million euros to develop the Spain Audiovisual Hub plan.
And more than 15 million euros for the protection of digital rights.
The main areas of digitization in the European Union
There is no doubt that in the years to come we will live in an increasingly digital world, which will have many repercussions on businesses and consumption habits.
the European policies they will play a very important role in the digital transformation. In October 2020, EU leaders called on the commission to present a 2030 digital compass setting targets for the next decade. This proposal was presented in March 2021 and is structured around four main areas: capacities, businesses, public services and infrastructure. It is a vision of digital transformation in Europe with concrete milestones that should be achieved in the years to come.
To better understand what the main changes will be, we’ll go through some of the main areas of action of the EU digital agenda.
After the covid-19 pandemic, the European Union aims to protect and strengthen your digital sovereignty and its leadership in international digital value chains. Its ambition is to guarantee strategic autonomy in the digital field and to promote fundamental values and freedoms.
In the age of digitization, more and more data is available. So much so that a data economy has developed, essential to prosper.
Therefore, the European Union has set itself the goal of developing the data economy in a human-centered way and in line with EU values. The aim is for data to be exchanged and reused between sectors and borders to serve as the basis for innovative services and applications.
To articulate this new economy, the European Commission has proposed a European data strategy that will facilitate digital transformation over the next five years. As part of this strategy, a proposed law on data governance was presented in November 2020, which will play a central role in the creation of common interoperable data spaces across the European Union in strategic sectors such as energy, mobility and health.
The European Union recognizes that online platforms They are an important part of the market and the digital economy in the countries that make it up. It therefore considers that it is necessary to strengthen, modernize and clarify the rules governing digital services, in order to guarantee user safety and allow the development of innovative digital businesses.
Until recently, the European Union’s rules on digital services were obsolete, as there had been little change since the e-commerce directive in 2000. Now the EU recognizes that technology, business models and services have changed. consultation and presented the package of the Digital services law and digital market law.
This package contains new rules to regulate digital services, in particular social media platforms. Its main objectives are that digital users have access to secure products that respect their fundamental rights and allow free and fair competition in the sector.
In this category, the European Union includes three technologies which it believes will play a key role in developing Europe’s digital resilience:
Cloud computing, which ensures that data is processed efficiently and can contribute to progress such as the ecological transition.
High performance computing or supercomputing, which makes it possible to analyze data thousands of times faster and can therefore bring important scientific advances.
Quantum technologies, which use the properties of quantum mechanics to create practical applications that improve science, industry and society.
For the European Union, artificial intelligence is a Resource that can contribute to a more innovative, efficient, sustainable and competitive economy and improve security, education and health care. At the same time, he also recognizes his risks potential and aims to take an ethical and anthropocentric approach to AI.
Therefore, in October 2020, the European Council called on the Commission to propose ways to increase European and national investments in research, innovation and deployment of artificial intelligence, to ensure better coordination between European research centers and provide a clear definition and purpose of high-risk artificial intelligence systems. .
The European Union has set the following Connectivity goals for 2025:
Gigabit connectivity for all major socio-economic drivers.
Uninterrupted 5G coverage in urban areas and major land transport routes.
Connectivity of at least 100 Mbps for all European households.
In the face of growing threats and cybercrime, the European Union is working to improve your responsiveness and protect your digital infrastructures and its communication services.
In March 2021, EU ministers adopted conclusions on the EU cybersecurity strategy. Its objectives are to protect European citizens and businesses against cyberthreats, to promote secure information systems and to protect an open, free and secure global cyberspace. New rules are also under discussion to facilitate and speed up access to electronic evidence.
European digital identification (electronic identification)
By mid-2021, a proposal to create a secure public electronic identification, so that citizens can control their identity and data online and more easily access public, private and cross-border digital services.