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Recommendations on the economic policy of the euro area under the European Semester - January 2019

17-01-2019

This note presents information on the Eurogroup’s policy actions in relation to the 2018 euro area recommendations and provides an overview of the recommendations addressed to the euro area as a whole under the European Semester for 2019.

This note presents information on the Eurogroup’s policy actions in relation to the 2018 euro area recommendations and provides an overview of the recommendations addressed to the euro area as a whole under the European Semester for 2019.

EMU reform and the ‘new normal’ for monetary policy

29-11-2018

The European Central Bank may already be facing the next crisis in the euro area but is still deploying the tools of unconventional monetary policy from the last crisis. This brief looks at the ECB as an institution amongst institutions and shows how even more unconventional approaches will not help the euro area economy. Additionally, given the complexity of money and the effects of expectations, expanding the ECB’s unconventional arsenal is likely to have deleterious consequences across Europe. ...

The European Central Bank may already be facing the next crisis in the euro area but is still deploying the tools of unconventional monetary policy from the last crisis. This brief looks at the ECB as an institution amongst institutions and shows how even more unconventional approaches will not help the euro area economy. Additionally, given the complexity of money and the effects of expectations, expanding the ECB’s unconventional arsenal is likely to have deleterious consequences across Europe. This document was provided by Policy Department A at the request of the Committee on Economic and Monetary Affairs.

Külső szerző

Christopher A. Hartwell, CASE

EU law for an open independent and efficient European administration

27-07-2018

The results of the public consultation clearly suggest - EU citizens want action. Citizens call for an action that wold turn their EU right to good administration into solution. The workable and enforceable solution that adds value. Europe needs innovation! Innovation not only in tools and technologies but also in how EU governs itself.

The results of the public consultation clearly suggest - EU citizens want action. Citizens call for an action that wold turn their EU right to good administration into solution. The workable and enforceable solution that adds value. Europe needs innovation! Innovation not only in tools and technologies but also in how EU governs itself.

Subsidiarity: Mechanisms for monitoring compliance

12-07-2018

The principle of subsidiarity requires decisions to be taken at the lowest practical level of government without, however, jeopardising mutually beneficial cooperation at the supranational level. Recent decades have seen efforts to strengthen the subsidiarity principle in EU law, including the introduction of the well-known early warning mechanism (EWM) for national parliaments. At the same time, the principle of subsidiarity remains a contested notion. This has important implications for the regulatory ...

The principle of subsidiarity requires decisions to be taken at the lowest practical level of government without, however, jeopardising mutually beneficial cooperation at the supranational level. Recent decades have seen efforts to strengthen the subsidiarity principle in EU law, including the introduction of the well-known early warning mechanism (EWM) for national parliaments. At the same time, the principle of subsidiarity remains a contested notion. This has important implications for the regulatory, political and judicial bodies monitoring compliance with the principle. In this context, commentators have called for a better (and shared) understanding of the principle and have formulated a number of suggestions as to how to monitor compliance with the principle more effectively.

Impact Assessment of possible action at EU level for an open, efficient and independent EU administration

12-07-2018

The fragmentation of EU administrative law impinges on the EU’s ability to consistently uphold standards of good governance and administration, as well as to protect citizens’ rights when they interact with the administration. The impact assessment analyses what action could be taken to guarantee an open, efficient and independent EU administration. It compares the option of “doing nothing” with two alternative policy options. The study concludes that adopting a regulatory framework for administrative ...

The fragmentation of EU administrative law impinges on the EU’s ability to consistently uphold standards of good governance and administration, as well as to protect citizens’ rights when they interact with the administration. The impact assessment analyses what action could be taken to guarantee an open, efficient and independent EU administration. It compares the option of “doing nothing” with two alternative policy options. The study concludes that adopting a regulatory framework for administrative procedures would be the preferred option, since it would lead to clear advantages in terms of cost savings for the public, as well as the accessibility, transparency, legal certainty and predictability as well as the legitimacy of, and trust in, EU institutions. It would also compliment the transition of the EU administration towards e-government and e-administration tools.

Külső szerző

EPRS, DG

Revolving doors in the EU and US

04-07-2018

The flow of officials and politicians between the public and private sector has in the past few years given rise to calls for more transparency and accountability. In order to mitigate the reputational damage to public institutions by problematic use of the 'revolving door', this phenomenon is increasingly being regulated at national level. In the United States, President Trump recently changed the rules put in place by his predecessor to slow the revolving door. As shown by press coverage, the US ...

The flow of officials and politicians between the public and private sector has in the past few years given rise to calls for more transparency and accountability. In order to mitigate the reputational damage to public institutions by problematic use of the 'revolving door', this phenomenon is increasingly being regulated at national level. In the United States, President Trump recently changed the rules put in place by his predecessor to slow the revolving door. As shown by press coverage, the US public remains unconvinced. Scepticism may be fuelled by new exceptions made to the rules – retroactive ethics pledge waivers – and the refusal of the White House to disclose the numbers or beneficiaries of said waivers. Watchdog organisations argue that not only has the Trump administration so far failed to 'drain the swamp', it has ended up doing quite the opposite. In the EU, where revolving door cases are increasingly being covered in the media, both the European Parliament and Commission have adopted Codes of Conduct, regulating the activities of current and former Members, Commissioners, and even staff. The European Ombudsman, Emily O'Reilly, has on numerous occasions spoken out in favour of further measures, such as 'cooling-off periods', and has carried out several inquiries into potentially problematic revolving door cases. Following calls from Parliament, the Juncker Commission adopted a new and stronger Code of Conduct for Commissioners early in 2018. Even so, no one single Code can hope to bring an end to the debate.

The Institutional Consequences of a ‘Hard Brexit’

15-05-2018

This in-depth analysis, commissioned by the European Parliament at the request of the Committee of Constitutional Affairs, considers the institutional, budgetary and policy implications that a so-called ‘hard Brexit’ would pose on the EU. It analyses from a legal perspective how a withdrawal of the UK from the EU without a withdrawal treaty, transition deal and framework on future relations would affect each specific EU Institution, the EU budget for the remaining years of the current MFF, and EU ...

This in-depth analysis, commissioned by the European Parliament at the request of the Committee of Constitutional Affairs, considers the institutional, budgetary and policy implications that a so-called ‘hard Brexit’ would pose on the EU. It analyses from a legal perspective how a withdrawal of the UK from the EU without a withdrawal treaty, transition deal and framework on future relations would affect each specific EU Institution, the EU budget for the remaining years of the current MFF, and EU policies in the crucial fields of trade, security and justice. While the study does not endorse a ‘hard Brexit’ it provides guidelines for the EU to be prepared in case such scenario were to materialise.

Külső szerző

Federico Fabbrini , Professor of EU Law & Director of the Brexit Institute, Dublin City University

Peace and Security in 2018: Overview of EU action and outlook for the future

14-05-2018

This is the first EU Peace and Security Outlook, produced by the European Parliamentary Research Service (EPRS). The series is designed to analyse and explain the contribution of the European Union to the promotion of peace and security internationally through its various external policies. The study provides an overview of the issues and current state of play. It looks first at the concept of peace and the changing nature of the geopolitical environment. It then focuses on the centrality of the ...

This is the first EU Peace and Security Outlook, produced by the European Parliamentary Research Service (EPRS). The series is designed to analyse and explain the contribution of the European Union to the promotion of peace and security internationally through its various external policies. The study provides an overview of the issues and current state of play. It looks first at the concept of peace and the changing nature of the geopolitical environment. It then focuses on the centrality of the promotion of peace and security in the EU's external action and proceeds to an analysis of the practical pursuit of these principles in three main areas of EU policy: development, democracy support, and security and defence. It concludes with an outlook to the future. A parallel study, published separately, focuses specifically on EU peacebuilding efforts in the Western Balkans. The studies have been drafted with a view to their presentation at the Normandy World Peace Forum, in June 2018.

How could the Stability and Growth Pact be simplified?

23-04-2018

The complexity of the SGP, which may have contributed to its limited effectiveness, reflects largely the conflict between the need to make the original SGP rules more stringent and the desire to allow flexibility with respect to various country circumstances. Now that the effects of the largest economic shock since the 1930s are fading away, a major simplification of the system could be achieved by removing some margins of flexibility, while possibly relaxing some of the SGP long-term parameters. ...

The complexity of the SGP, which may have contributed to its limited effectiveness, reflects largely the conflict between the need to make the original SGP rules more stringent and the desire to allow flexibility with respect to various country circumstances. Now that the effects of the largest economic shock since the 1930s are fading away, a major simplification of the system could be achieved by removing some margins of flexibility, while possibly relaxing some of the SGP long-term parameters. The coexistence of the MTO rule and the expenditure benchmark could also be reconsidered. A more radical solution would involve shifting to a single rule in which an “operational target” would respond to deviations of public debt from its long-term objective.

Külső szerző

Carlo Cotterelli

Plenary round-up – Strasbourg, April 2018

20-04-2018

The April plenary session's highlight was the debate on the future of Europe with the President of the French Republic, Emmanuel Macron, detailing his ambitions for a reinvigorated Europe, ready to face existing and emerging challenges. Members also heard from the European Council and Commission Presidents on the outcome of the March European Council meeting. High Representative Federica Mogherini made statements on the UN global compacts for migration and refugees, Syria, Russia, the situation in ...

The April plenary session's highlight was the debate on the future of Europe with the President of the French Republic, Emmanuel Macron, detailing his ambitions for a reinvigorated Europe, ready to face existing and emerging challenges. Members also heard from the European Council and Commission Presidents on the outcome of the March European Council meeting. High Representative Federica Mogherini made statements on the UN global compacts for migration and refugees, Syria, Russia, the situation in the Korean peninsula and of Greek soldiers arrested in Turkey. Parliament adopted, inter alia, legislative resolutions on greenhouse gas emissions, the circular economy, European political parties and foundations, anti-money-laundering, market surveillance of motor vehicles, and organic production and labelling. Members granted discharge for the execution of the 2016 budget to the European Commission and all EU institutions and agencies, except the Council/European Council and European Asylum Support Office.

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