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EU Unveils Five-Year Program to Boost Digital Economy

Authored by Mark Hefflinger on June 1, 2005 - 8:48am.
Brussels -- The European Commission on Wednesday unveiled a five-year program to boost Europe's digital economy and close the gap with the U.S. and Japan. Dubbed i2010, the program aims to create a framework for investment in the IT sector, boost consumers and businesses' adoption of IT and deal with the increasing convergence of technologies. "(Internet telephony), Web TV, on-line music, movies on mobile telephones … all this is now reality," said Viviane Reding, EU Commissioner for Information Society and Media. "To enhance investment in this promising sector of the economy, we must provide a coherent regulatory framework for Europe's digital economy that is market-oriented, flexible and future-proof." Reding said the EU would focus its research spending on key information and communication technologies, such as nanoelectronics.
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