1788

result(s)

Word(s)
Publication type
Author
Keyword
Date

Improving the quality of public spending in Europe - Budgetary waste rates in EU Member States

27-10-2020

The aim of this joint project by the European Added Value and Budget units of DG EPRS is to establish whether and under what circumstances budgetary benefits and cost savings can be realised by Member States through funding policies and programmes with EU added value at EU level instead of at MS level, and measure the scale of such benefits and savings. On the one hand, higher EU added value can be achieved through additional provision of public goods, efficiency gains, and lower administrative costs ...

The aim of this joint project by the European Added Value and Budget units of DG EPRS is to establish whether and under what circumstances budgetary benefits and cost savings can be realised by Member States through funding policies and programmes with EU added value at EU level instead of at MS level, and measure the scale of such benefits and savings. On the one hand, higher EU added value can be achieved through additional provision of public goods, efficiency gains, and lower administrative costs delivered by the EU budget. In parallel, this can also result in positive spillovers and additional saving for the national budgets. Failure to take advantage of these benefits or of these potential savings can thus lead to a de-facto wasted budgetary resources. The study looks into detail at these issues and provide a comprehensive methodology to arrive at a robust estimation of the level of budgetary waste by Member States.

Public hearing with Elke König, Chair of the Single Resolution Board

26-10-2020

This note is prepared in view of an ordinary public hearing with the Chair of the Single Resolution Board (SRB), Elke König, which will take place on 27 October 2020. The central aim of the meeting is to discuss the SRB 2019 annual report. Following the structure of the SRB 2019 annual report, this briefing addresses (i) COVID-19 response measures taken by the SRB, and the need to consider a COVID-19 exit strategy going forward; (ii) resolution plans for banks under the SRB’s remit; (iii) preparation ...

This note is prepared in view of an ordinary public hearing with the Chair of the Single Resolution Board (SRB), Elke König, which will take place on 27 October 2020. The central aim of the meeting is to discuss the SRB 2019 annual report. Following the structure of the SRB 2019 annual report, this briefing addresses (i) COVID-19 response measures taken by the SRB, and the need to consider a COVID-19 exit strategy going forward; (ii) resolution plans for banks under the SRB’s remit; (iii) preparation for the 2020 resolution planning cycle; (iv) resolvability assessments; (v) preparations for the UK’s withdrawal from the EU; (vi) cooperation with the European Parliament; (vii) contributions to the Single Resolution Fund; (viii) investments of these funds; (ix) management of resources; and (x) appeal panel.

Public hearing with Andrea Enria, Chair of the ECB Supervisory Board

26-10-2020

This note is prepared in view of a regular public hearing with the Chair of the Supervisory Board of the European Central Bank (ECB), Andrea Enria, which will take place on 27 October 2020. The briefing addresses (i) recent supervisory measures in response to the COVID-19 crisis, including an overview of the ECB’s COVID-19 vulnerability analysis and a discussion on the effectiveness of certain capital relief measures; (ii) the SSM’s response to the European Parliament’s 2019 Banking Union Report ...

This note is prepared in view of a regular public hearing with the Chair of the Supervisory Board of the European Central Bank (ECB), Andrea Enria, which will take place on 27 October 2020. The briefing addresses (i) recent supervisory measures in response to the COVID-19 crisis, including an overview of the ECB’s COVID-19 vulnerability analysis and a discussion on the effectiveness of certain capital relief measures; (ii) the SSM’s response to the European Parliament’s 2019 Banking Union Report; (iii) short-term risks for the banking sector (low profitability, NPLs and Brexit); (iv) longer-term challenges, including consolidation in the banking sector and completing the Banking Union; and (v) supervisory issues, namely anti-money laundering and addressing cyber and IT risks.

Selected Euro Area Macroeconomic Indicators

23-10-2020

This note provides a comparison of some key macroeconomic forecast indicators for the Euro Area as a whole published by the Commission, IMF, ECB and OECD.

This note provides a comparison of some key macroeconomic forecast indicators for the Euro Area as a whole published by the Commission, IMF, ECB and OECD.

EU economic developments and projections

22-10-2020

This briefing provides a summary of the recent economic developments in the EU Member States and gives an overview of relevant economic projections forecasted by major international and EU institutions

This briefing provides a summary of the recent economic developments in the EU Member States and gives an overview of relevant economic projections forecasted by major international and EU institutions

EU/EA measures to mitigate the economic, financial and social effects of coronavirus State-of-play 20 October 2020

21-10-2020

This document compiles information, obtained from public sources, on the measures proposed and taken at the EU or Euro Area level to mitigate the economic and social effects of Covid19. It will be regularly updated, following new developments.

This document compiles information, obtained from public sources, on the measures proposed and taken at the EU or Euro Area level to mitigate the economic and social effects of Covid19. It will be regularly updated, following new developments.

European Parliament’s Banking Union reports in 2015 - 2019

21-10-2020

This briefing provides an overview of the European Parliament’s expectations and priorities for the Banking Union as set out in its annual Banking Union reports. The first section of this briefing provides a short overview of the 2019 Banking Union report, the ECB Banking Supervisor’s response, as well as concrete actions expected from the Single Resolution Board, who as yet have not provided a formal response to any of Parliament’s Banking Union reports. In order to better contextualise the themes ...

This briefing provides an overview of the European Parliament’s expectations and priorities for the Banking Union as set out in its annual Banking Union reports. The first section of this briefing provides a short overview of the 2019 Banking Union report, the ECB Banking Supervisor’s response, as well as concrete actions expected from the Single Resolution Board, who as yet have not provided a formal response to any of Parliament’s Banking Union reports. In order to better contextualise the themes of latest Banking Union report, the subsequent section addresses the main themes raised in previous Banking Union reports (2015-2018). The annex of the briefing includes a comparison of the positions taken by the European Parliament in its Banking Union reports in the following policy areas: banking developments and structures; institutional and organisational issues; regulatory issues; completing the banking union; risk assessment; supervisory issues and priorities; crisis management; policies related to anti-money-laundering; and climate and sustainability issues.

Study in focus: Regulatory Sandboxes and Innovation Hubs for FinTech

15-10-2020

The original full study analyses the design and operation of regulatory sandboxes and innovation hubs as part of jurisdictions’ regulatory response to financial innovation, focusing on the models adopted in the EU and the EFTA countries. This document was prepared by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the Committee on Economic and Monetary Affairs (ECON).

The original full study analyses the design and operation of regulatory sandboxes and innovation hubs as part of jurisdictions’ regulatory response to financial innovation, focusing on the models adopted in the EU and the EFTA countries. This document was prepared by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the Committee on Economic and Monetary Affairs (ECON).

What role for the European Semester in the recovery plan?

15-10-2020

This briefing paper argues that the political imperative to ensure that the economic stimulus from the EU’s new commonly funded facilities is provided expeditiously will prevail against desires to create a robust governance framework for these funds within the European Semester process. The pandemic-related suspension of the Stability and Growth Pact creates a need to reform the Pact ahead of its future reintroduction. This presents an opportunity to incorporate more of the Semester’s reform implementation ...

This briefing paper argues that the political imperative to ensure that the economic stimulus from the EU’s new commonly funded facilities is provided expeditiously will prevail against desires to create a robust governance framework for these funds within the European Semester process. The pandemic-related suspension of the Stability and Growth Pact creates a need to reform the Pact ahead of its future reintroduction. This presents an opportunity to incorporate more of the Semester’s reform implementation agenda directly into the Pact’s policy prescriptions.

External author

Jacob Funk KIRKEGAARD

Key issues in the European Council: State of play in October 2020

15-10-2020

This EPRS publication, 'Key issues in the European Council', is updated quarterly to coincide with European Council meetings. It aims to provide an overview of the institution’s activities on major EU issues, by analysing twelve broad policy areas, explaining the legal and political background and the main priorities and orientations defined by the European Council in each field. It also assesses the results of European Council involvement in these policy areas to date, and identifies future challenges ...

This EPRS publication, 'Key issues in the European Council', is updated quarterly to coincide with European Council meetings. It aims to provide an overview of the institution’s activities on major EU issues, by analysing twelve broad policy areas, explaining the legal and political background and the main priorities and orientations defined by the European Council in each field. It also assesses the results of European Council involvement in these policy areas to date, and identifies future challenges in the various policy fields.

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28-10-2020
Climate Change and Health
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28-10-2020
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