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Policy Departments' Monthly Highlights- February 2018

05-02-2018

The Monthly Highlights publication provides an overview, at a glance, of the on-going work of the policy departments, including a selection of the latest and forthcoming publications, and a list of future events.

The Monthly Highlights publication provides an overview, at a glance, of the on-going work of the policy departments, including a selection of the latest and forthcoming publications, and a list of future events.

Economic and Budgetary Outlook for the European Union 2018

11-01-2018

This study provides an overview of the economic and budgetary outlook for the European Union (EU) in 2018 and beyond. It summarises the main economic indicators in the EU and euro area, and their two-year trends. Economic projections point to robust growth, easing in the future, and falling unemployment. Risks are broadly balanced, but both internal and external challenges persist and may weaken economic recovery. A special 'economic focus' aims to provide a bird's eye view of industry and industrial ...

This study provides an overview of the economic and budgetary outlook for the European Union (EU) in 2018 and beyond. It summarises the main economic indicators in the EU and euro area, and their two-year trends. Economic projections point to robust growth, easing in the future, and falling unemployment. Risks are broadly balanced, but both internal and external challenges persist and may weaken economic recovery. A special 'economic focus' aims to provide a bird's eye view of industry and industrial policy in Europe, and provides an overview of various recent EU-level initiatives. Industry, which is particularly important for generating growth and which provides one in five jobs in the EU, is on a positive path with growing value added, output and employment. The study also explains the annual EU Budget, provides an overview of its main headings for 2018, and sets out the wider budgetary framework – the Multiannual Financial Framework (MFF) – currently covering the years 2014 to 2020. Amounting to €160.1 billion, the 2018 EU Budget focuses on priorities such as promoting sustainable growth, creating employment, especially for young people, and addressing migration and security challenges. While representing only some 1 % of the area's gross national income, the EU Budget has features that increase its overall impact, including the significant share of resources devoted to investment. The debate on the future of the EU Budget, which gained momentum in 2017, should lead to proposals for a post-2020 MFF and reform of the EU´s financing system, which the European Commission is expected to table in May 2018.

Budgetary control

01-01-2018

Scrutiny of the EU budget is carried out in each EU institution and by the Member States. Detailed scrutiny is carried out, at different levels, by the Court of Auditors and by Parliament. Each year Parliament scrutinises the implementation of the budget with a view to granting discharge to the Commission, the other EU institutions and the EU agencies.

Scrutiny of the EU budget is carried out in each EU institution and by the Member States. Detailed scrutiny is carried out, at different levels, by the Court of Auditors and by Parliament. Each year Parliament scrutinises the implementation of the budget with a view to granting discharge to the Commission, the other EU institutions and the EU agencies.

Combating fraud and protecting the EU’s financial interests

01-01-2018

The European Union’s action in the field of budgetary control is centred around two principles: firstly budgetary control itself, and secondly protecting the Union’s financial interests and combating fraud.

The European Union’s action in the field of budgetary control is centred around two principles: firstly budgetary control itself, and secondly protecting the Union’s financial interests and combating fraud.

Assessment of the 10 years’ Cooperation and Verification Mechanism for Bulgaria and Romania

21-12-2017

This study takes stock of the Cooperation and Verification Mechanism (CVM) agreed between the European Commission and Bulgaria and Romania in 2007. It reviews the progress made regarding judicial reform, combatting corruption, and organised crime (in Bulgaria’s case), looks at the measures adopted in response to the latest Commission recommendations, and examines how the CVM has performed overall. The report includes recommendations on the future of the CVM.

This study takes stock of the Cooperation and Verification Mechanism (CVM) agreed between the European Commission and Bulgaria and Romania in 2007. It reviews the progress made regarding judicial reform, combatting corruption, and organised crime (in Bulgaria’s case), looks at the measures adopted in response to the latest Commission recommendations, and examines how the CVM has performed overall. The report includes recommendations on the future of the CVM.

External author

Caroline Chandler, The Centre for Strategy & Evaluation Services LLP Eugénie Lale-Demoz, The Centre for Strategy & Evaluation Services LLP Mr Jack Malan, The Centre for Strategy & Evaluation Services LLP Mr Stephan Kreutzer, The Centre for Strategy & Evaluation Services LLP

Transitional allowances for former EU office holders - too few conditions?

15-12-2017

This study focuses on the transitional allowances for former office holders, covering the European Parliament, European Commission, President of the European Council and Secretary General of the Council of the European Union, Court of Justice, Court of Auditors, European Investment Bank, European Central Bank, the Ombudsman and the European Data Protection Supervisor. The arrangements for these institutions are contrasted with approaches in European Union Member States, third countries and international ...

This study focuses on the transitional allowances for former office holders, covering the European Parliament, European Commission, President of the European Council and Secretary General of the Council of the European Union, Court of Justice, Court of Auditors, European Investment Bank, European Central Bank, the Ombudsman and the European Data Protection Supervisor. The arrangements for these institutions are contrasted with approaches in European Union Member States, third countries and international organisations. Room for improvement is identified regarding the effectiveness of transitional allowances, e.g. in terms of preventing conflicts of interest.

External author

Dr. Christoph Demmke, Roland Blomeyer, Dr. Mike Beke

Conciliation agreement on the 2018 EU budget

24-11-2017

On 18 November, European Parliament and Council negotiators reached a provisional agreement on the 2018 EU budget. The joint text, which provides for total commitments of €160.11 billion and total payments of €144.68 billion, is expected to be adopted by the Council and then voted on by the Parliament during the November II plenary session.

On 18 November, European Parliament and Council negotiators reached a provisional agreement on the 2018 EU budget. The joint text, which provides for total commitments of €160.11 billion and total payments of €144.68 billion, is expected to be adopted by the Council and then voted on by the Parliament during the November II plenary session.

External author

Jędrzejewska, Sidonia

"Other revenue" in the European Union Budget

15-11-2017

The Treaty on the functioning of the European Union divides the revenue of the general budget into two main components: own resources and other revenue. However, the wording of the Treaty indicates that other revenue should remain marginal compared to the own resources in the financing of the EU budget. Today, there are three main categories of own resources: i) traditional own resources, ii) VAT-based resource and iii) GNI-based own resource. The own resources system also includes a specific mechanism ...

The Treaty on the functioning of the European Union divides the revenue of the general budget into two main components: own resources and other revenue. However, the wording of the Treaty indicates that other revenue should remain marginal compared to the own resources in the financing of the EU budget. Today, there are three main categories of own resources: i) traditional own resources, ii) VAT-based resource and iii) GNI-based own resource. The own resources system also includes a specific mechanism for correcting budgetary imbalances in favour of the United Kingdom (the UK correction). In addition, some Member States may choose not to participate in certain justice and home affairs policies. Their own resources payments are adjusted accordingly.

The next Multiannual Financial Framework (MFF) and the Unity of EU budget

15-11-2017

The traditional issues of European budgetary negotiations are the size of the budget, the distribution of funds and the system of own resources. Under difficult circumstances, the negotiations on the new MFF post-2020 will start in 2018 and should be concluded by the end of 2019 or no later than the beginning of 2020. The unity of the EU budget is a cornerstone of European budgetary policy. However, a complete unity of all revenue and expenditure, and all financial instruments has not yet been achieved ...

The traditional issues of European budgetary negotiations are the size of the budget, the distribution of funds and the system of own resources. Under difficult circumstances, the negotiations on the new MFF post-2020 will start in 2018 and should be concluded by the end of 2019 or no later than the beginning of 2020. The unity of the EU budget is a cornerstone of European budgetary policy. However, a complete unity of all revenue and expenditure, and all financial instruments has not yet been achieved. Today the budgetary system is characterised by differentiation, fragmentation and increased use of ‘satellite’ instruments, and debates on additional financial instruments, like a budget for the Eurozone. The question of how to integrate these instruments into the Union’s budget system and thus guaranteeing democratic scrutiny, should be an additional issue of the negotiations on the MFF post-2020.

External author

Dr. Peter Becker

The next Multiannual Financial Framework (MFF) and its Flexibility

15-11-2017

This briefing note provides some reflections on the challenges facing the next Multi-Annual Financial Framework (MFF) and discusses ways to enhance the flexibility of the EU budget. An analysis of the use of existing flexibility provisions in the current MFF is followed by some recommendations on how to enhance flexibility in the post-2020 MFF.

This briefing note provides some reflections on the challenges facing the next Multi-Annual Financial Framework (MFF) and discusses ways to enhance the flexibility of the EU budget. An analysis of the use of existing flexibility provisions in the current MFF is followed by some recommendations on how to enhance flexibility in the post-2020 MFF.

External author

Dr Eulalia Rubio

Upcoming events

19-02-2018
LIBE Mini hearing on EU Citizenship, 19 February 2018
Hearing -
LIBE
19-02-2018
Women as agents of change in the Southern Partnership States – Hearing – 19.02.2018
Hearing -
FEMM
19-02-2018
Public Procurement Strategy Package
Workshop -
IMCO

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