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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.

Future of Europe debates: Parliament hosts Heads of State or Government

08-06-2018

Against the background of the many challenges which the European Union has faced in recent years, the European Parliament has taken the lead in launching and hosting a series of high-profile debates on the Future of Europe, intended to run for the whole of 2018. While the Heads of State or Government of countries holding the rotating presidency of the Council – this year, Boyko Borissov of Bulgaria and Sebastian Kurz of Austria – routinely debate with MEPs in plenary, the leaders of other EU Member ...

Against the background of the many challenges which the European Union has faced in recent years, the European Parliament has taken the lead in launching and hosting a series of high-profile debates on the Future of Europe, intended to run for the whole of 2018. While the Heads of State or Government of countries holding the rotating presidency of the Council – this year, Boyko Borissov of Bulgaria and Sebastian Kurz of Austria – routinely debate with MEPs in plenary, the leaders of other EU Member States are now able to set out publicly their vision for Europe's future in a dialogue with the only directly elected European institution, during its plenary sittings. This process is all the more important at a time when the EU's Multiannual Financial Framework (MFF) for the next seven years is being discussed: the choices surrounding the MFF and the direction in which the EU decides to develop are intrinsically linked. So far, at the invitation of its President, Antonio Tajani, the European Parliament has hosted the leaders of six Member States in the context of these 'Future of Europe' debates, welcoming the prime ministers of Ireland (Taoiseach), Leo Varadkar; Croatia, Andrej Plenković; and Portugal, António Costa; the President of France, Emmanuel Macron; and the prime ministers of Belgium, Charles Michel; and Luxembourg, Xavier Bettel. This Briefing provides an overview of where the Future of Europe debate stands in a number of key policy areas, such as economic and monetary union (EMU), the EU's social dimension, migration policy, security and defence, and broader institutional issues. It takes stock of the views expressed by those EU Heads of State or Government who have intervened in the debate so far, on how these areas might develop in the future.

Outcome of the EU leaders' meetings on 22 and 23 March 2018

09-04-2018

On 22 and 23 March 2018, the EU Heads of State or Government convened in four different formations with varying compositions and levels of formality: a regular meeting of the European Council, a Leaders' Meeting on taxation, a Euro Summit and a European Council (Article 50) meeting. While economic and competitiveness issues featured, as is traditional, on the agenda of this spring European Council, the discussions focused largely on trade, the Salisbury attack, Turkey and Brexit. The informal leaders ...

On 22 and 23 March 2018, the EU Heads of State or Government convened in four different formations with varying compositions and levels of formality: a regular meeting of the European Council, a Leaders' Meeting on taxation, a Euro Summit and a European Council (Article 50) meeting. While economic and competitiveness issues featured, as is traditional, on the agenda of this spring European Council, the discussions focused largely on trade, the Salisbury attack, Turkey and Brexit. The informal leaders' meeting on tax considered ways of adapting European taxation systems to the digital economy and of strengthening the fight against tax evasion and avoidance. At the European Council (Article 50) meeting, the EU-27 Heads of State or Government considered the framework and adopted guidelines for post-Brexit relations with the UK. They also welcomed the agreement reached by the negotiators on parts of the legal text of the Withdrawal Agreement, including the transition period. While there were no formal conclusions at the Euro Summit meeting, participants discussed the long-term development of Economic and Monetary Union and agreed to take relevant decisions in June 2018.

European Council Conclusions: A Rolling Check-List of Commitments to Date

18-12-2017

The European Council's role – to 'provide the Union with the necessary impetus for its development' and to define its 'general political directions and priorities' - has developed rapidly over the past eight years. Since June 2014, the European Council Oversight Unit within the European Parliamentary Research Service (EPRS), the European Parliament's in-house research service and think-tank, has been monitoring and analysing the European Council's delivery of the various commitments made in the conclusions ...

The European Council's role – to 'provide the Union with the necessary impetus for its development' and to define its 'general political directions and priorities' - has developed rapidly over the past eight years. Since June 2014, the European Council Oversight Unit within the European Parliamentary Research Service (EPRS), the European Parliament's in-house research service and think-tank, has been monitoring and analysing the European Council's delivery of the various commitments made in the conclusions of its meetings. This overview, presented in the form of a regularly updated Rolling Check-List of Commitments to Date, is designed to review the degree of progress in realising the goals which the European Council has set itself since January 2010 and to assist the Parliament in exercising its important oversight role in this field.

How to further strengthen the European Semester?

20-11-2017

The emphasis of the European Semester should shift from economic policy coordination – intended as the process through which Member States commit to common rules and recommendations adopted by the Council of the European Union under the surveillance of the European Commission – to a stronger national ownership. Coordination of national policies may be essential at times of crisis, when cross-country spillover effects tend to be large, but it may not be very effective when economic conditions return ...

The emphasis of the European Semester should shift from economic policy coordination – intended as the process through which Member States commit to common rules and recommendations adopted by the Council of the European Union under the surveillance of the European Commission – to a stronger national ownership. Coordination of national policies may be essential at times of crisis, when cross-country spillover effects tend to be large, but it may not be very effective when economic conditions return to normal, as spillovers tend to be small and the incentives for governments to coordinate lessen. Stronger national ownership should lead to better enforcement of commonly agreed rules, regardless of economic conditions and should take away the perception that rules are hierarchically imposed. National ownership could be improved by involving the national fiscal councils and the national productivity boards explicitly in the elaboration of EU? recommendations for national governments. This should be done without increasing the complexity of an already complicated EU governance system of governance or damaging their reputation as independent bodies. Reforms aiming to improve the structural functioning of the EU’s economies are of critical importance for Member States, yet the reasons why specific reforms should be embedded in the Semester are not always clear. Moreover, strengthening the Semester by further linking the EU budget to reforms undertaken in the Member States is fine in theory but very difficult in practice. Reforms cannot be ‘bought’ as such and it would be extremely difficult to measure the implementation of the CSRs precisely enough to make implementation a condition for funds. The role of the Commission should remain predominant in fostering coordination in case of economic crisis and in providing technical support for reforms whenever needed.

Külső szerző

C.Alcidi, D.Gros

Bulgaria: Recent Developments in Employment and Social Affairs

31-10-2017

This paper has been prepared by Policy Department A at the request of the European Parliament's Committee on Employment and Social Affairs. It presents recent developments and challenges related to employment and unemployment; income inequality and poverty in Bulgaria, comparing them to the trends for the European Union. The paper also provides an overview and analysis of the most impactful policies designed and implemented to address the above, in view of the European Pillar of Social Rights and ...

This paper has been prepared by Policy Department A at the request of the European Parliament's Committee on Employment and Social Affairs. It presents recent developments and challenges related to employment and unemployment; income inequality and poverty in Bulgaria, comparing them to the trends for the European Union. The paper also provides an overview and analysis of the most impactful policies designed and implemented to address the above, in view of the European Pillar of Social Rights and the Bulgarian Presidency Priorities.

The Social and Employment Situation in Spain

15-08-2017

This document describes the situation of employment policies in Spain and assesses their recent effects on the labour market in the context of the employment upturn that started in 2013. The impact of unemployment on poverty and the population at risk of social exclusion and the population in a situation of dysfunctional mobility are analysed, highlighting the changes caused in his composition by the impact of the economic crisis.

This document describes the situation of employment policies in Spain and assesses their recent effects on the labour market in the context of the employment upturn that started in 2013. The impact of unemployment on poverty and the population at risk of social exclusion and the population in a situation of dysfunctional mobility are analysed, highlighting the changes caused in his composition by the impact of the economic crisis.

Külső szerző

Oriaol HOMS

European Council Conclusions: A Rolling Check-List of Commitments to Date (12th edition)

20-06-2017

The European Council's role – to 'provide the Union with the necessary impetus for its development' and to define its 'general political directions and priorities' - has developed rapidly over the past seven years. Since June 2014, the European Council Oversight Unit within the European Parliamentary Research Service (EPRS), the European Parliament's in-house research service and think-tank, has been monitoring and analysing the European Council's delivery of the various commitments made in the conclusions ...

The European Council's role – to 'provide the Union with the necessary impetus for its development' and to define its 'general political directions and priorities' - has developed rapidly over the past seven years. Since June 2014, the European Council Oversight Unit within the European Parliamentary Research Service (EPRS), the European Parliament's in-house research service and think-tank, has been monitoring and analysing the European Council's delivery of the various commitments made in the conclusions of its meetings. This overview, presented in the form of a regularly updated Rolling Check-List of Commitments to Date, is designed to review the degree of progress in realising the goals which the European Council has set itself since January 2010 and to assist the Parliament in exercising its important oversight role in this field.

The social and employment situation in Estonia and priorities of the Estonian Presidency

15-05-2017

In Estonia, during the recovery from recession, the employment rate increased almost 10 percentage points (p.p.) to the level of almost 77% and the unemployment rate decreased by 10 p.p. to the level on 7%. Active labour market policies played an important role here as Estonia succeeded in adjusting active labour market services to meet the needs of the labour market. As a result, Estonia’s employment rate is one of the highest in the EU and their unemployment rate one of the lowest.

In Estonia, during the recovery from recession, the employment rate increased almost 10 percentage points (p.p.) to the level of almost 77% and the unemployment rate decreased by 10 p.p. to the level on 7%. Active labour market policies played an important role here as Estonia succeeded in adjusting active labour market services to meet the needs of the labour market. As a result, Estonia’s employment rate is one of the highest in the EU and their unemployment rate one of the lowest.

Külső szerző

Kerly Spenbergt

European Council Conclusions: A Rolling Check-List of Commitments to Date (11th edition)

10-03-2017

The European Council's role - to 'provide the Union with the necessary impetus for its development' and to define its 'general political directions and priorities' - has developed rapidly over the past seven years. Since June 2014, the European Council Oversight Unit within the European Parliamentary Research Service (EPRS), the European Parliament's in-house research service and think-tank, has been monitoring and analysing the European Council's delivery of the various commitments made in the conclusions ...

The European Council's role - to 'provide the Union with the necessary impetus for its development' and to define its 'general political directions and priorities' - has developed rapidly over the past seven years. Since June 2014, the European Council Oversight Unit within the European Parliamentary Research Service (EPRS), the European Parliament's in-house research service and think-tank, has been monitoring and analysing the European Council's delivery of the various commitments made in the conclusions of its meetings. This overview, presented in the form of a regularly updated Rolling Check-List of Commitments to Date, is designed to review the degree of progress in realising the goals which the European Council has set itself since January 2010 and to assist the Parliament in exercising its important oversight role in this field.

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