A longer lifetime for products has the potential to increase the total GDP of the EU and offer societal and monetary benefits, whilst at the same time spurring innovation.This IMCO study provides an evaluation of the potential impact of a longer lifetime for products in Europe on the economy, on society and on the environment. It provides case studies of existing businesses, the (non-)legal context for an initiative on longer product lifetimes, and a wide range of policy options.
The definition, implementation and democratic legitimacy of the tool "euro area fiscal stance" has to be clarified to use its potential fully by euro area policy makers. Two external papers commissioned by the European Parliament attempt to provide a better understanding of the state-of-play of the instrument and advise how to calculate the fiscal stance, set policy objectives and enhance the role of the European Parliament and national parliaments.
Risk sharing and reduction measures are paramount for completing the Banking Union. The briefing provided by the Economic Governance Support Unit gives an overview of the state of play of the various workstreams, covering both risk sharing (European Deposit Insurance Scheme - EDIS) and risk reduction measures. The EP's working document on EDIS was published in June.