The document discusses the development of the information economy in European countries. It defines the information economy as one where knowledge is the primary resource and value is derived from the convergence of communication and data processing technologies. It notes that with the rise of information technology, European countries rapidly increased their use of new systems. The Internet continues to grow worldwide in terms of users and penetration, although developed economies still lead. Cloud computing has been widely adopted by individuals in developing countries through free services and is becoming increasingly important for governments and businesses as it allows flexible, on-demand access to computing resources over the Internet.