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Publicado en 22-06-2017

The Brexit negotiations: Issues for the first phase

22-06-2017

Negotiations on the arrangements for the UK's withdrawal from the EU started on 19 June 2017. The European Commission is negotiating on behalf of the EU, on the basis of the European Council guidelines and the mandate given to it by the Council. The European Parliament, for its part, has laid down key principles and conditions for its approval of a UK withdrawal agreement. Three key priorities are set to dominate the first phase of the negotiations (with the future relationship between the EU and ...

Negotiations on the arrangements for the UK's withdrawal from the EU started on 19 June 2017. The European Commission is negotiating on behalf of the EU, on the basis of the European Council guidelines and the mandate given to it by the Council. The European Parliament, for its part, has laid down key principles and conditions for its approval of a UK withdrawal agreement. Three key priorities are set to dominate the first phase of the negotiations (with the future relationship between the EU and the UK being left to a second phase). These are: citizens' rights for EU-27 citizens in the UK and UK citizens in the EU-27; the settlement of the UK's financial obligations; and ensuring the Northern Ireland peace process is not compromised. This paper looks at the EU negotiating position and the major issues raised under those three priorities to date.

Greece's financial assistance programme (June 2017)

22-06-2017

This briefing provides an overview of the economic situation in Greece and the main elements of the third financial assistance programme. This briefing is regularly updated (this version replaces the version published on 10 March 2017).

This briefing provides an overview of the economic situation in Greece and the main elements of the third financial assistance programme. This briefing is regularly updated (this version replaces the version published on 10 March 2017).

Council discharge by the European Parliament - Finding solutions

15-06-2017

This study synthesises the main arguments behind the disagreement between the Parliament and the Council over the issue of whether the discharge procedure allows the Parliament to hold the Council to account concerning the management of its own administrative budget. It then examines the discharge procedure as an accountability mechanism and its impact on the EU legitimacy. It concludes that significant improvement is needed, regardless of which exit to the conflict is chosen. Four scenarios to break ...

This study synthesises the main arguments behind the disagreement between the Parliament and the Council over the issue of whether the discharge procedure allows the Parliament to hold the Council to account concerning the management of its own administrative budget. It then examines the discharge procedure as an accountability mechanism and its impact on the EU legitimacy. It concludes that significant improvement is needed, regardless of which exit to the conflict is chosen. Four scenarios to break the deadlock are put forward, assessing their respective advantages and shortcomings.

Autor externo

Dr Maria-Luisa Sanchez-Barrueco (Senior Lecturer in EU Law, University of Deusto) ; Dr Paul Stephenson (Assistant Professor, Maastricht University)

Publicado en 21-06-2017

CETA ratification process: Recent developments

21-06-2017

On 28 October 2016, the Council decided to sign the EU-Canada Comprehensive Economic and Trade Agreement (CETA), and on 15 February 2017 the European Parliament gave its consent to the agreement's conclusion. As CETA is a mixed agreement, the EU Member States are currently in the process of ratifying it in accordance with their constitutional requirements. Only after all have done so, can the Council adopt a decision to conclude CETA, after which the agreement will enter into force.

On 28 October 2016, the Council decided to sign the EU-Canada Comprehensive Economic and Trade Agreement (CETA), and on 15 February 2017 the European Parliament gave its consent to the agreement's conclusion. As CETA is a mixed agreement, the EU Member States are currently in the process of ratifying it in accordance with their constitutional requirements. Only after all have done so, can the Council adopt a decision to conclude CETA, after which the agreement will enter into force.

Motor vehicles: new approval and market surveillance rules

21-06-2017

The automotive industry is a major player in the European economy, accounting for 6.4% of gross domestic product and 2.3 million jobs in the European Union (EU). However, it has been facing difficulties as a result of the economic crisis. In September 2015, the Volkswagen (VW) case highlighted weaknesses in the implementation of type-approval rules for motor vehicles in the European Union, in particular as regards standards on emissions of air pollutants and carbon dioxide. In 2016, as part of preparations ...

The automotive industry is a major player in the European economy, accounting for 6.4% of gross domestic product and 2.3 million jobs in the European Union (EU). However, it has been facing difficulties as a result of the economic crisis. In September 2015, the Volkswagen (VW) case highlighted weaknesses in the implementation of type-approval rules for motor vehicles in the European Union, in particular as regards standards on emissions of air pollutants and carbon dioxide. In 2016, as part of preparations from previous years but also in response to the VW case, the European Commission proposed strengthening the type-approval system for motor vehicles. Its goal is to ensure effective enforcement of rules (including through market surveillance), to strengthen the quality and independence of technical tests and to introduce EU oversight on the type-approval process. Fifth edition. Please note this document has been designed for on-line viewing.

Controls of cash entering or leaving the European Union

21-06-2017

The anonymity of cash transactions and the illegal nature of the problems identified in the IA bring about considerable challenges for the analysis, including a limited evidence base and trade-offs between the options to tackle the problems and their impact on several Union principles. The mostly qualitative analysis is generally logical and coherent, leading to a pertinent set of preferred options. For various reasons, however, it provides, very little quantification of costs and none of benefits ...

The anonymity of cash transactions and the illegal nature of the problems identified in the IA bring about considerable challenges for the analysis, including a limited evidence base and trade-offs between the options to tackle the problems and their impact on several Union principles. The mostly qualitative analysis is generally logical and coherent, leading to a pertinent set of preferred options. For various reasons, however, it provides, very little quantification of costs and none of benefits, and focuses mainly on administrative burdens for competent authorities. To partly compensate for the lack of reliable data, despite apparent time constraints for the preparation of the evaluation and the IA – both conducted internally – the IA consistently indicates stakeholder views, which appear to support most of the preferred options of the IA, although they cannot be considered representative due to the small number of respondents.

Regulation of OTC derivatives: Amending the European Market Infrastructure Regulation (EMIR)

21-06-2017

The European Market Infrastructure Regulation (EMIR – Regulation (EU) No 648/2012), adopted in 2012, forms part of the European regulatory response to the financial crisis, and specifically addresses the problems observed in the functioning of the 'over-the-counter' (OTC) derivatives market during the 2007-2008 financial crisis. In the last three years, the Commission, with the help of reports from the European Systemic Risk Board (ESRB), the European Central Bank (ECB) and the European Securities ...

The European Market Infrastructure Regulation (EMIR – Regulation (EU) No 648/2012), adopted in 2012, forms part of the European regulatory response to the financial crisis, and specifically addresses the problems observed in the functioning of the 'over-the-counter' (OTC) derivatives market during the 2007-2008 financial crisis. In the last three years, the Commission, with the help of reports from the European Systemic Risk Board (ESRB), the European Central Bank (ECB) and the European Securities Markets Authority (ESMA), carried out an extensive assessment of EMIR. In May 2017, it proposed a regulation amending and simplifying Regulation (EU) No 648/2012 in the context of its Regulatory Fitness and Performance (REFIT) programme, to address disproportionate compliance costs, transparency issues and insufficient access to clearing for certain counterparties. The procedure is currently at the initial stage in the European Parliament and the Council. First edition. The ‘EU Legislation in Progress’ briefings are updated at key stages throughout the legislative procedure. Please note this document has been designed for on-line viewing.

ENERGY POLICY

15-03-2017

This leaflet provides abstracts of selection of latest publications prepared by the European Parliament’s Policy Department on Economic and Scientific Policy at the request of the ITRE Committee in relation to the Energy policy.

This leaflet provides abstracts of selection of latest publications prepared by the European Parliament’s Policy Department on Economic and Scientific Policy at the request of the ITRE Committee in relation to the Energy policy.

Level-2 measures on draft RTS under IFR (Interchange Fees Regulation)

20-06-2017

This briefing has been drawn up to support ECON’s work on the scrutiny of delegated acts, in particular as regards the discussion of 20 June 2017 on the draft European Banking Authority (EBA) RTS under Regulation (EU) 2015/751 on interchange fees for card-based payment transactions (IFR) . The empowerment for the adoption of the RTS – introduced following an amendment by the European Parliament – is the only empowerment for a level 2 measure under the IFR.

This briefing has been drawn up to support ECON’s work on the scrutiny of delegated acts, in particular as regards the discussion of 20 June 2017 on the draft European Banking Authority (EBA) RTS under Regulation (EU) 2015/751 on interchange fees for card-based payment transactions (IFR) . The empowerment for the adoption of the RTS – introduced following an amendment by the European Parliament – is the only empowerment for a level 2 measure under the IFR.

Democratic accountability of Council's budget - Council executive powers

21-06-2017

This in-depth analysis introduces the challenges that have been faced in delivering a discharge of the Council’s budget over the last decade, with particular regard to the Council’s executive activities. It analyses the institutional and legal constraints, and it makes a number of recommendations for how to achieve more accountability regarding the Council’s budget and executive expenditure without resorting to treaty reform.

This in-depth analysis introduces the challenges that have been faced in delivering a discharge of the Council’s budget over the last decade, with particular regard to the Council’s executive activities. It analyses the institutional and legal constraints, and it makes a number of recommendations for how to achieve more accountability regarding the Council’s budget and executive expenditure without resorting to treaty reform.

Autor externo

CEPS: Dr Giacomo Benedetto (Jean Monnet Chair, Royal Holloway, University of London) ; Dr David Rinaldi (Research Fellow, CEPS & Maîtres de conférences, ULB 0Institute for European Studies) ; Dr Hartmut Aden (Professor, Berlin School of Economics and Law)

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