The European Commission plans to tackle restrictions on the free movement of data in the EU and exploit ‘big data' as part of its quest to create a digital single market.
It unveiled plans to propose a free flow of data initiative on May 6 – part of its attempt to maximise the ‘growth potential of the digital economy' – which could have implications for central bank research in the region.
Bank of England chief economist Andrew Haldane trumpeted the value of big data at a research conference in F
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