233

result(s)

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Policy area
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EU4Health programme

01-10-2020

On 28 May 2020, the European Commission adopted a proposal for a regulation on a new health programme (EU4Health) for 2021 to 2027. Announced as part of the Next Generation EU (NGEU) recovery instrument, according to the Commission the EU4Health programme is intended to boost the EU's preparedness for major cross-border health threats and improve health systems resilience. Under the proposal, EU4Health would be a stand-alone, dedicated funding programme with a budget of €10.4 billion (in current ...

On 28 May 2020, the European Commission adopted a proposal for a regulation on a new health programme (EU4Health) for 2021 to 2027. Announced as part of the Next Generation EU (NGEU) recovery instrument, according to the Commission the EU4Health programme is intended to boost the EU's preparedness for major cross-border health threats and improve health systems resilience. Under the proposal, EU4Health would be a stand-alone, dedicated funding programme with a budget of €10.4 billion (in current prices). However, during the ongoing negotiations on the EU's next multiannual financial framework (MFF) for the 2021-2027 period and NGEU, the budget for EU4Health has been reviewed downwards compared with what was originally proposed. According to the 21 July 2020 European Council conclusions, the programme will be allocated €1.7 billion. Stakeholders broadly welcome the proposal, but generally regret the European Council's reduction of the financial envelope allocated to it. In a July 2020 resolution on the European Council conclusions, Parliament criticised the proposed cuts to EU4Health. In Parliament, the Committee on the Environment, Public Health and Food Safety (ENVI) is responsible for the file. The rapporteur's June 2020 draft report proposes several amendments to the Commission proposal. ENVI Members tabled further amendments in July. The committee is expected to vote on the report in October. In the Council, the proposal is being examined at the level of the working party on public health. First edition. The 'EU Legislation in Progress' briefings are updated at key stages throughout the legislative procedure.

Further development of capital markets union

30-09-2020

Actions taken to create a capital markets union (CMU) should have as their objective improving the range of financing options offered to companies and citizens. The European Parliament's Committee on Economic and Monetary Affairs has adopted an own-initiative report on further development of the CMU, expected to be voted during the October I plenary session. It calls for specific measures to help finance businesses, promote long-term and cross-border investment, strengthen market architecture and ...

Actions taken to create a capital markets union (CMU) should have as their objective improving the range of financing options offered to companies and citizens. The European Parliament's Committee on Economic and Monetary Affairs has adopted an own-initiative report on further development of the CMU, expected to be voted during the October I plenary session. It calls for specific measures to help finance businesses, promote long-term and cross-border investment, strengthen market architecture and support retail investors, as well as the adoption of a framework for digital finance.

The ECB’s Monetary Policy Response to the COVID-19 Crisis

30-09-2020

(Updated 25 September 2020) The coronavirus pandemic is taking a heavy toll on the euro area economy, necessitating a timely and resolute macroeconomic policy response. The ECB's Governing Council acted decisively by taking a series of measures that collectively provide a substantial monetary policy stimulus aimed at safeguarding the effective transmission of monetary policy and preventing a serious deterioration of financial conditions.

(Updated 25 September 2020) The coronavirus pandemic is taking a heavy toll on the euro area economy, necessitating a timely and resolute macroeconomic policy response. The ECB's Governing Council acted decisively by taking a series of measures that collectively provide a substantial monetary policy stimulus aimed at safeguarding the effective transmission of monetary policy and preventing a serious deterioration of financial conditions.

Coronavirus vaccines strategy

29-09-2020

On 17 June 2020, the European Commission presented a strategy to accelerate the development, manufacturing and deployment of vaccines against the coronavirus disease (Covid-19). The strategy aims to secure high quality, safe, effective and affordable Covid-19 vaccines for all in the EU within 12-18 months, if not earlier. To this end, the Commission has started to enter into advance purchase agreements with vaccine producers on behalf of the EU Member States. With the Coronavirus Global Response ...

On 17 June 2020, the European Commission presented a strategy to accelerate the development, manufacturing and deployment of vaccines against the coronavirus disease (Covid-19). The strategy aims to secure high quality, safe, effective and affordable Covid-19 vaccines for all in the EU within 12-18 months, if not earlier. To this end, the Commission has started to enter into advance purchase agreements with vaccine producers on behalf of the EU Member States. With the Coronavirus Global Response initiative and its participation in the COVAX facility, the EU is also positioning itself as a leader of global solidarity effort to speed up universal access to vaccines.

Update on recent banking developments

29-09-2020

This briefing gives an update on recent events and developments in the Banking Union, based on publicly available information. The following topics are specifically addressed in the first section: banking statistics, non-performing loans, Wirecard, and the equivalence regime in financial services., The second section of this briefing gives a state-of-play on the Commission’s work programme on some financial services: Green Finance Strategy, Fintech and digital currencies, the COVID-19 financial ...

This briefing gives an update on recent events and developments in the Banking Union, based on publicly available information. The following topics are specifically addressed in the first section: banking statistics, non-performing loans, Wirecard, and the equivalence regime in financial services., The second section of this briefing gives a state-of-play on the Commission’s work programme on some financial services: Green Finance Strategy, Fintech and digital currencies, the COVID-19 financial services package, Anti-money laundering framework, and the Capital Market Union.

On the path to 'strategic autonomy': The EU in an evolving geopolitical environment

28-09-2020

In confronting the EU with an unprecedented crisis, the coronavirus outbreak is testing the bloc's unity, but may also accelerate the construction of EU strategic autonomy, as the roadmap for recovery is implemented. Political will, still in the making, and the capacity to act are key prerequisites for achieving effective European strategic autonomy. The EU is increasingly at risk of becoming a 'playground' for global powers in a world dominated by geopolitics. Building European strategic autonomy ...

In confronting the EU with an unprecedented crisis, the coronavirus outbreak is testing the bloc's unity, but may also accelerate the construction of EU strategic autonomy, as the roadmap for recovery is implemented. Political will, still in the making, and the capacity to act are key prerequisites for achieving effective European strategic autonomy. The EU is increasingly at risk of becoming a 'playground' for global powers in a world dominated by geopolitics. Building European strategic autonomy on a horizontal – cross-policy – basis would strengthen the EU's multilateral action and reduce dependence on external actors, to make the EU less vulnerable to external threats; while promoting a level playing field that benefits everyone. The EU could thus reap the full dividend of its integration and possibly benefit from greater economic gains. To build European strategic autonomy, the EU may choose to use the still 'under-used' or 'unused' potential of the Lisbon Treaty, with the European Council having a key role to play in triggering some of the Treaty provisions, particularly in foreign and security policy. European strategic autonomy may also result from a deepening of the EU integration process. Nevertheless, it remains to be seen whether the Member States will wish to grasp the opportunity offered by the Conference on the Future of Europe to deepen the European project.

Outlook for the special European Council meeting of 1-2 October 2020

28-09-2020

At the special European Council meeting of 1-2 October 2020, postponed from 24-25 September, EU Heads of State or Government are expected to dedicate much of their time to external relations issues, notably to a strategic discussion on Turkey and a debate on relations with China. Continuing illegal Turkish drilling activities in the eastern Mediterranean have made the former more urgent, while the latter is long overdue. The European Council is also likely to adopt extensive conclusions regarding ...

At the special European Council meeting of 1-2 October 2020, postponed from 24-25 September, EU Heads of State or Government are expected to dedicate much of their time to external relations issues, notably to a strategic discussion on Turkey and a debate on relations with China. Continuing illegal Turkish drilling activities in the eastern Mediterranean have made the former more urgent, while the latter is long overdue. The European Council is also likely to adopt extensive conclusions regarding the single market, industrial and digital policy, reiterating the key objective of achieving strategic autonomy, whilst maintaining an open economy. EU leaders are expected to call for development of EU autonomy in the space sector, a more integrated defence industrial base, and for the presentation of a 'digital compass' setting out the EU's digital ambitions for 2030 in its move towards digital sovereignty. EU leaders will also take stock of the coronavirus situation and review the coordination of national and European measures. Finally, the President, Charles Michel, is expected to set out his vision of the main issues to be dealt with by the leaders in the coming year, and to propose a work-plan for the European Council, similar to the Leaders’ Agenda which guided the work of the European Council during Donald Tusk's second mandate as President.

Outlook for the special European Council meeting of 1-2 October 2020

28-09-2020

At the special European Council meeting of 1-2 October 2020, postponed from 24-25 September, EU Heads of State or Government are expected to dedicate much of their time to external relations issues, notably to a strategic discussion on Turkey and a debate on relations with China. Continuing illegal Turkish drilling activities in the eastern Mediterranean have made the former more urgent, while the latter is long overdue. The European Council is also likely to adopt extensive conclusions regarding ...

At the special European Council meeting of 1-2 October 2020, postponed from 24-25 September, EU Heads of State or Government are expected to dedicate much of their time to external relations issues, notably to a strategic discussion on Turkey and a debate on relations with China. Continuing illegal Turkish drilling activities in the eastern Mediterranean have made the former more urgent, while the latter is long overdue. The European Council is also likely to adopt extensive conclusions regarding the single market, industrial and digital policy, reiterating the key objective of achieving strategic autonomy, whilst maintaining an open economy. EU leaders are expected to call for development of EU autonomy in the space sector, a more integrated defence industrial base, and for the presentation of a 'digital compass' setting out the EU's digital ambitions for 2030 in its move towards digital sovereignty. EU leaders will also take stock of the coronavirus situation and review the coordination of national and European measures. Finally, the President, Charles Michel, is expected to set out his vision of the main issues to be dealt with by the leaders in the coming year, and to propose a work-plan for the European Council, similar to the Leaders’ Agenda which guided the work of the European Council during Donald Tusk's second mandate as President.

Coronavirus: The second wave? [What Think Tanks are thinking]

25-09-2020

Since the end of the holiday season, the rate of Covid-19 infection in Europe has increased to levels not seen since their peak in April 2020. Many cities and regions, and now whole countries, have had to reinforce preventive measures. An increasing number of governments around the world already face a dilemma over whether or not to return to strict confinement, which would further cripple their economies. In this context, this year’s UN General Assembly, witnessed a bizarre digital stand-off between ...

Since the end of the holiday season, the rate of Covid-19 infection in Europe has increased to levels not seen since their peak in April 2020. Many cities and regions, and now whole countries, have had to reinforce preventive measures. An increasing number of governments around the world already face a dilemma over whether or not to return to strict confinement, which would further cripple their economies. In this context, this year’s UN General Assembly, witnessed a bizarre digital stand-off between the Presidents of the United State and China, as they compete respectively for domestic and global approval of their handling of the pandemic. This note offers links to recent commentaries and reports from international think tanks on coronavirus and related issues. Earlier publications on the coronavirus can be found in the previous item in this series, published by EPRS on 4 September 2020.

How the coronavirus pandemic shook up our relationship with food

24-09-2020

First there was panic-buying. There were concerns over safety: could one be infected by food? Realisation of the efforts of supermarket staff, truck drivers and warehouse staff to keep food coming to customers. Spring amidst closed borders awakened us to how much we depend on foreign farm workers to pick fruit and vegetables. There were campaigns for furloughed employees to go and work on farms. Then came news about the conditions endured by some foreign workers in the food-processing industry. The ...

First there was panic-buying. There were concerns over safety: could one be infected by food? Realisation of the efforts of supermarket staff, truck drivers and warehouse staff to keep food coming to customers. Spring amidst closed borders awakened us to how much we depend on foreign farm workers to pick fruit and vegetables. There were campaigns for furloughed employees to go and work on farms. Then came news about the conditions endured by some foreign workers in the food-processing industry. The rollercoaster of the coronavirus crisis has changed our relationship with food, but whether just temporarily or for good, remains to be seen.