EU, 1.3 billion euros for cybersecurity - Investment plan covers the period 2025-2027
Cybersecurity firms could soon see the benefits of a new round of investment from the European Union. The European Commission said the Digital Europe Programme will include a €1.3 billion reserve for artificial intelligence, cybersecurity and digital skills.
The plan calls for a series of investments between 2025 and 2027 to fund projects around cyber resilience and critical infrastructure security, including healthcare providers and underwater cable installations.
Additionally, the dedicated funds could go towards financing artificial intelligence projects around cybersecurity and educational programs that would teach data security, among other skills. The investment is part of an overall program that calls for 8.1 billion euros in funding for technology products for the four-year period 2023-2027.
"Solutions like the EU cybersecurity reserve will improve the resilience and security of critical infrastructures, including hospitals and submarine cables," the commission announced.
In order to qualify for the funding, companies will need to have a base in an EU member state, a criterion that could put companies from the US and UK in a difficult situation, given their recent relations with the continent.
The United Kingdom continues to grapple with the economic and regulatory implications of leaving the EU. Meanwhile, the United States has increased tensions with the European Union following the Trump administration's decisions to impose tariffs on foreign goods.
With the announcement of the program, the EU is seeking to pursue its own path in developing technologies in key areas of education, artificial intelligence and cybersecurity. The bloc's officials noted the need to innovate its own technologies while distancing itself from the United States and Asia, traditionally the centers of technological innovation.
Poll
"Tariffs, the first step towards Europe's independence" - ECB President stresses the need for investments in energy, defense, digitalization
The current geopolitical and economic situation, especially with the increase in customs tariffs imposed by Donald Trump, "is the beginning of a march......
International competition for the rehabilitation of “Aquapark Tirana” - More new sports and recreational spaces are targeted
The Municipality of Tirana has announced the opening of the tender for the design competition and related services for the rehabilitation of "Aquapark......
Minister Hoxha participates in the Border Security Summit in England
In the next two days, the Border Security Summit, "Organized Immigration Crime", will be held in London, attended by representatives from around 40......
How did this month end for the major currencies?
The US dollar has recorded a decline in value this month-end, being bought today at 90.8 lek and being sold at 92.1 lek compared to the previous week......
France and China close to a solution for cognac - Beijing postpones decision on tariffs on European imports
France's Foreign Minister has said that France and China are making progress towards resolving a trade dispute over cognac imports. Jean-Noël Barrot said......
Free public WiFi for Albanian municipalities - EU opens call for applications. Around 500 beneficiaries across the region
Albanian municipalities can benefit from free public WiFi from the European Union. The EU has launched a call for all municipalities in the Western Balkans to......
Greek investors in Albania - Venetopoulos: It is an undiscovered gem of the Mediterranean. The yacht industry will grow
Despite the fact that Turkey and Italy are the two countries with the largest flow of investments in Albania, investors from our southeastern neighbor,......
Properties, 870 families have been compensated in 10 years - ATP report for 2024 revealed, delays as a result of legal changes
In more than 26 thousand files archived at the Property Treatment Agency over a period of 10 years, official data show that only 870 owners expropriated......
