The EESC welcomes the Commission's initiative to address "cross-border portability" through a regulation, but considers it necessary for a subscriber's "Member State of residence" to be clearly defined. The vacatio legis period of six months would be for the EESC a reasonable period for the service providers concerned to adapt their delivery systems to the new situation.
With this opinion the EESC welcomes the package of measures to adapt copyright to the requirements of the digital economy, by aiming to eliminate fragmentation while, at the same time, enhancing protection for creators. The EESC supports the exclusive related right of publishers to authorise or prohibit the digital use of their press publications for a period of twenty years and urges to harmonise the "freedom of panorama" exception by means of European rules. The EESC also refers to the ECJ judgment stating that, under certain conditions, the lending of a digital copy of a book has similar characteristics to the lending of printed works.
The global counterfeit and pirated products industry accounts for up to 2.5 % of global trade, or the equivalent of US $461 billion.
This is equivalent to the GDP of Austria, or that of Ireland and the Czech Republic combined. Right holders, governments and the economy as a whole may suffer significant economic and social losses. A targeted analysis of the European Union shows that, in 2013, imports of counterfeit and pirated products accounted for up to 5 % of imports, or the equivalent of EUR 85 billion.
The EESC agrees with the compromise proposed by the Presidency which makes possible a swift ratification of the Marrakesh Treaty.
This study examines the impact of cyber-related threats and challenges on corporate Europe and the degree of engagement of European businesses in tackling issues at stake. Although the new digitization era offers huge economic and social opportunities, it also changes the nature and magnitude of cyber risks and creates new vulnerabilities cyber attackers seek to exploit.