Internet In Lithuania
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Internet In Lithuania
Telecommunications in Lithuania include internet, radio, television, and telephony. The Communications Regulatory Authority of the Republic of Lithuania (RRT) functions as the independent regulator for the country's electronic communications industry. Established under the Law on Telecommunications and the provisions with European Union Directives, its role is to facilitate a competitive environment within the industry. The European Commission’s 2022 Digital Economy and Society Index (DESI) report evaluates Lithuania's digital progress among 27 EU nations. Ranking 23rd in overall connectivity, Lithuania stands out with Fixed Very High Capacity Network (VHCN) and Fiber-to-the-Premises (FTTP) coverage. In human capital, Lithuania ranks 20th, with a strength in digital skills. Notably, in the integration of digital technologies, Lithuania performs 13th, with advancements in Small and Medium-sized Enterprises (SMEs) and e-commerce. Digital public services earn the 10th rank, wi ...
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European Regional Development Fund
The European Regional Development Fund (ERDF) is one of the European Structural and Investment Funds allocated by the European Union. Its purpose is to transfer money from richer regions (not countries), and invest it in the infrastructure and services of underdeveloped regions. This will allow those regions to start attracting private sector investments, and create jobs on their own. History During the 1960s, the European Commission occasionally tried to establish a regional fund, but only Italy ever supported it. Britain made it an issue for its accession in 1973, and pushed for its creation at the 1972 summit in Paris. Britain was going to be a large contributor to the CAP and the EEC budget, and sought to offset this deficit by having the ERDF established. They would then be able to show their public some tangible benefits of EEC membership. The ERDF was set to be running by 1973, but the 1973 oil crisis delayed it, and it was only established in 1975 under considerable Brit ...
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