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EU Member States' public finances have been under considerable strain owing to both the COVID-19 pandemic and the twin energy-cost-of-living crisis. To bolster EU economies in the wake of these challenging times, various initiatives were taken forward at EU level to simplify tax compliance for businesses operating across borders, and to ensure that taxpayers were paying their fair share. As the current Commission's mandate approaches its conclusion, this briefing looks at some notable achievements ...

Due to the veto of one Member State, the EU failed to agree on a €50 billion financial support package for Ukraine at the European Council meeting of 14 and 15 December 2023. As the EU's current financial support for Ukraine through the macro-financial assistance package MFA+ ran out at the end of 2023, a new solution is urgently needed to provide the necessary funding to Ukraine. While an agreement among all 27 Member States and within the EU's multiannual financial framework is highly preferable ...

This study analyses the absorption rates of the EU Cohesion Policy funds in 2014-2020 over time across funds (ERDF, ESF, CF and REACT-EU) and across Member States and regions. It also provides a comparison with the programming period 2007-2013. A summary of absorption drivers, obstacles and undertaken solutions is presented based on the relevant literature and the initial findings of case studies. Conclusions and preliminary recommendations on improving the absorption of funds are set out. This ...

Executive Vice-President Dombrovskis and Commissioner Gentiloni are invited to the 12th Recovery and Resilience Dialogue (RRD) under the Recovery and Resilience Facility (RRF) Regulation. The previous RRD took place on 10 July. This briefing first focusses on the Commission’s Annual Report on the implementation of the RRF published on 19 September (i.e. 18 months after the previous report), summarising the information presented therein and commenting it when considered necessary. The second part ...

This study addresses the expected impact of the EU’s Corporate Sustainable Due Diligence Directive (CS3D) on small and medium-sized enterprises (SMEs). It takes the German supply chain act (Lieferkettengesetz) as an example that may hold lessons for EU due diligence legislation. Against the background of a review of the existing literature on the impact of sustainability regulations, we conducted expert interviews with German business associations, German foreign chambers of commerce in emerging ...

This briefing paper assesses Commission proposals to monitor reforms and investments in member states through a revised EU fiscal governance framework. Major innovations, such as a key operationalrole for an expenditure rule, are discussed in relation to the stated objectives, with a focus on social resilience. These innovations are welcome, but we also see a need for engaging national stakeholders to increase loyalty to the policy process. This document was provided by the Economic Governance ...

Executive Vice-President Dombrovskis and Commissioner Gentiloni are invited to the eleventh Recovery and Resilience Dialogue (RRD) under the Recovery and Resilience Facility (RRF) Regulation. Section 1 of this briefing covers recent developments relating to the implementation of RRF, in particular the European Semester assessment of the general RRF implementation progress, the status quo of new REPowerEU chapters, requests for additional loans, and the mid-term evaluation of the RRF. Section ...

EU yder finansiel støtte til regionale og lokale myndigheder, NGO'er, virksomheder, erhvervsfolk og borgere gennem en lang række forskellige fonde. Denne vejledning er udarbejdet af Europa-Parlamentets Forskningstjeneste og giver let overskuelige oplysninger om hele rækken af EU-finansieringskilder inddelt efter indsatsområde. Fondene er opstillet på en enkel måde med en kort beskrivelse af mulighederne for støtte. Hvert afsnit i vejledningen indeholder en ikkeudtømmende liste over de primære potentielle ...

Export credits are a traditional instrument used in many member states of the European Union to support the export activities of firms. They are typically provided by export credit agencies (ECAs), which in turn receive support from governments. There are currently 25 such ECAs in 21 EU member states. Financial and indirect support to exporters provided through these ECAs is significant. Recent policy initiatives of the European Commission, such as the European Green Deal and Global Gateway, raise ...

Over the last 3 years, the European Union has faced major challenges to its economy and societies, including the coronavirus pandemic, Russia's war on Ukraine and the increasingly urgent need for a green economic transition. The EU's response to these exceptional circumstances have included changes to its fiscal, monetary and investment policies, notably through the adaptation of State aid to allow Member States to support their economies by means of more direct intervention. Under competition law ...