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Research for the AGRI Committee - The Green Deal and the CAP: policy implications to adapt farming practices and to preserve the EU’s natural resources EN

24-11-2020 PE 652.230 AGRI
Lühitutvustus
Kokkuvõte : This document is the final report of the study developed by INRAE and AgroParisTech for the European Parliament: “The Green Deal and the CAP: policy implications to adapt farming practices and to preserve the EU’s natural resources’’ (IP/B/AGRI/IC/2020-036).
Autorid : Albert MASSOT MARTI

Research for the AGRI Committee - The Green Deal and the CAP: policy implications to adapt farming practices and to preserve the EU’s natural resources EN

23-11-2020 PE 629.214 AGRI
Uuring
Kokkuvõte : This document is the final report of the study developed by INRAE and AgroParisTech for the European Parliament: “The Green Deal and the CAP: policy implications to adapt farming practices and to preserve the EU’s natural resources’’ (IP/B/AGRI/IC/2020-036).
Autorid : Albert MASSOT MARTI
Dokumendi liik

RESEARCH FOR TRAN COMMITTEE: The impact of emerging technologies on the transport system EN

23-11-2020 PE 652.226 TRAN
Uuring
Kokkuvõte : This study provides an overview of the impact of Smart Mobility and their underlying emerging technologies on transport, the transport infrastructure and society. The main challenges for the deployment of Smart Mobility applications are identified and (policy) actions are defined that could be taken to overcome these challenges.
Autorid : CE Delft: Arno SCHROTEN, Anouk van GRINSVEN, Eric TOL, Louis LEESTEMAKER TNO: Peter-Paul SCHACKMANN, Diana VONK NOORDEGRAAF, Jaco van MEIJEREN, Sytze KALISVAART
Dokumendi liik

Kommenteeritud kokkuvõte

Policy Departments’ Monthly Highlights - November 2020 EN

20-11-2020 PE 648.241 TRAN DROI BECA BUDG ENVI CONT JURI
Lühitutvustus
Kokkuvõte : 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 Financial Stability Board (FSB). An overview of the work for 2020 EN

20-11-2020 PE 651.346 ECON
Briefing
Kokkuvõte : The briefing provides an overview of the latest work by the Financial Stability Board (FSB). It first addresses the FSB as an institution, its mandate, members and governance arrangements, and second, outlines its current work. This paper builds and updates an earlier version.
Autorid : Marcel MAGNUS, CRISTINA SOFIA PACHECO DIAS, REBECCA SARAH FANNY SEGALL, KRISTINA GRIGAITE, ISABEL LARA MIRANDA

Guidance by the FSB, BCBS and IAIS on COVID related measures EN

20-11-2020 PE 659.617 ECON
Briefing
Kokkuvõte : This briefing gives an overview of measures proposed by the Financial Stability Board, the Basel Committee on Banking Supervision and the International Association of Insurance Supervisors to address the COVID-19 pandemic related financial consequences.
Autorid : Marcel MAGNUS, CRISTINA SOFIA PACHECO DIAS, REBECCA SARAH FANNY SEGALL, KRISTINA GRIGAITE, ISABEL LARA MIRANDA

EU/EA measures to mitigate the economic, financial and social effects of coronavirus State-of-play 20 November 2020 EN

20-11-2020 PE 645.723 ECON
Analüüs
Kokkuvõte : This document compiles information, obtained from public sources, on the measures proposed and taken at the EU or Euro Area level to mitigate the economic and social effects of Covid19. It will be regularly updated, following new developments.
Autorid : Kajus HAGELSTAM, Jost ANGERER, Marcel MAGNUS, Drazen RAKIC, CRISTINA SOFIA PACHECO DIAS, REBECCA SARAH FANNY SEGALL, KRISTINA GRIGAITE

Key Macroeconomic Indicators in the Euro Area and the United States EN

18-11-2020 PE 542.675 ECON
Lühitutvustus
Kokkuvõte : Latest forcest by EC, IMF and OECD.
Autorid : Javier María VEGA BORDELL, KRISTINA GRIGAITE, MATTIA MARCHIONNI

Public finances in Euro Area Member States: Selected indicators - November 2020 EN

18-11-2020 PE 624.406 ECON
Briefing
Kokkuvõte : This document presents selected indicators on public finance for the Euro Area Member States and the Euro Area as a whole. For each indicator, it provides a short explanation and the data sources. The final section presents a short overview of the main indicators used by the European and other international institutions to assess debt sustainability.
Autorid : Alice ZOPPÉ

Uncertainty and Monetary Policy in the Euro Area EN

18-11-2020 PE 658.196 ECON
Analüüs
Kokkuvõte : The outbreak of the COVID-19 crisis has triggered a new wave of uncertainty, which may amplify the negative effect of the crisis. Based on several uncertainty measures, we show that inflation in the euro area is negatively affected by higher uncertainty. However, uncertainty does not impair the transmission of monetary policy. Consequently, the ECB should consider uncertainty in its reaction function in order to fulfil its mandate. This document was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the Committee on Economic and Monetary Affairs (ECON) ahead of the Monetary Dialogue with the ECB President on 19 November 2020.
Autorid : Christophe BLOT, Paul HUBERT, Fabien LABONDANCE

The Euro Area After COVID-19 EN

18-11-2020 PE 658.197 ECON
Analüüs
Kokkuvõte : The COVID-19 pandemic will leave the euro area economy quite weak. It will be essential that both fiscal and monetary policies remain mobilised to achieve a sustainable recovery. Having indirectly financed a large share of new public debts, the ECB will have to tread a fine line between its price stability mandate and the need to avoid disrupting debt markets. The solution for the ECB is to use its announced strategy review to provide more clarity, both to its objectives and to its procedures. This includes adopting average inflation targeting, a formal relationship with member governments and the issuance of its own debt instruments. This document was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the committee on Economic and Monetary Affairs (ECON) ahead of the Monetary Dialogue with the ECB President on 19 November 2020.
Autorid : Charles Wyplosz

Rethinking Monetary and Fiscal Policy in the Post-COVID Euro Area EN

18-11-2020 PE 658.198 ECON
Analüüs
Kokkuvõte : In the post-COVID environment, the ECB might face many and related trade-offs associated with the risk of being dominated by policy concerns other than price stability. Most of these risks could be reduced by a revision of the euro area governance framework, the creation of a new mechanism to provide financial assistance, and the implementation of a one-off intervention to reduce the exposure of the Eurosystem towards the euro area sovereign debts. This document was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the Committee on Economic and Monetary Affairs (ECON). ahead of the Monetary Dialogue with the ECB President on 19 November 2020.
Autorid : Luigi BONATTI, Andrea FRACASSO, Roberto TAMBORINI

Uncertainty and the Pandemic Shocks EN

18-11-2020 PE 658.199 ECON
Analüüs
Kokkuvõte : The COVID-19 pandemic shocks are a significant source of uncertainty in several aspects. In particular, these shocks influence the landscape, in which policymakers operates, and create further uncertainty about policy decisions and about their effectiveness. The aim of this paper is to offer some relative measures of the uncertainty caused by the pandemic, and to discuss the impact of this uncertainty on the possible evolution of European economies during the second wave of COVID-19. Emphasis will be placed on the effectiveness of the policies implemented. This document was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the committee on Economic and Monetary Affairs (ECON) ahead of the Monetary Dialogue with the ECB President on 19 November 2020.
Autorid : Pierpaolo BENIGNO, Paolo CANOFARI, Giovanni DI BARTOLOMEO, Marcello MESSORI

Uncertainty in the Euro Area During the First Wave of the COVID-19 Pandemic EN

18-11-2020 PE 658.200 ECON
Analüüs
Kokkuvõte : Uncertainty - a state in which assessing future conditions by economic agents is hampered - rose sharply during the current pandemic. A bout of uncertainty can have similar effects like an adverse demand shock, dampening private consumption, investment and, hence, inflation. According to our own estimations, however, the pandemic-induced spike of uncertainty has caused little macroeconomic damage so far. The introduction of PEPP was a quick and decisive action that stopped uncertainty from rising further and probably contained its adverse economic effects. This document was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the committee on Economic and Monetary Affairs (ECON) ahead of the Monetary Dialogue with the ECB President on 19 November 2020.
Autorid : Atanas PEKANOV, Stefan SCHIMAN

Monetary Policy in the Time of COVID-19, or How Uncertainty is Here to Stay EN

18-11-2020 PE 658.201 ECON
Analüüs
Kokkuvõte : The COVID-19 crisis has compounded the uncertainty that has come to characterise the European economy. We explore how this uncertainty manifests itself in terms of ECB decision-making and the long-run challenges the ECB faces. Confidence in ECB actions will come from the contingency scenarios it considers and communicates on, and from the adoption of potential policies for a wide range of such scenarios. Greater clarity around the ECB’s inflation target and surrounding tolerance bands would also be beneficial. This document was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the Committee on Economic and Monetary Affairs (ECON) ahead of the Monetary Dialogue with the ECB President on 19 November 2020.
Autorid : Maria DEMERTZIS, Marta DOMINGUEZ-JIMENEZ

Legal obstacles in Member States to Single Market rules EN

18-11-2020 PE 658.189 IMCO
Uuring
Kokkuvõte : This study analyses the current state of national obstacles to free movement in the EU Single Market. It focuses on various aspects of obstacles related to free movement of goods and services, the right to establishment, the Digital Single Market, consumer protection and public procurement. This document was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the committee on Internal Market and Consumer Protection (IMCO).
Autorid : Erik DAHLBERG et al.

After parental leave: Incentives for parents with young children to return to the labour market EN

18-11-2020 PE 658.190 EMPL
Uuring
Kokkuvõte : This study examines the employment situation of parents with young children in the EU and specifically, the factors that affect parents’ return to the labour market. The paper identifies interventions that could help parents return to work after family-related leave and improve labour-market integration of unemployed or inactive parents. The study outlines possible additional actions at the EU level. This document was provided by Policy Department A at the request of the Employment and Social Affairs Committee.
Autorid : Joanna HOFMAN et al.

Public hearing with Christine Lagarde, Chair of the European Systemic Risk Board EN

16-11-2020 PE 645.712 ECON
Briefing
Kokkuvõte : This note is prepared in view of a public hearing with the Chair of the European Systemic Risk Board (ESRB), Christine Lagarde, which will take place in ECON on 19 November 2020. This will be the second hearing with Ms Lagarde in her capacity as a Chair of the ESRB. The aim of the meeting is to discuss recent developments in the macroprudential policy field and the impact of the corona crisis. The briefing provides a (i) summary of the ESRB Annual Report, (ii) addresses the ESRB and national macroprudential authorities’ response to the COVID pandemic outbreak, (iii) including recent ESRB Recommendations to the European Commission and national authorities; (iv) latest ESRB systemic risk assessment and (v) other macroprudential policy concerns.
Autorid : Marcel MAGNUS, CRISTINA SOFIA PACHECO DIAS, REBECCA SARAH FANNY SEGALL, KRISTINA GRIGAITE

Key figures of 2021 Draft Budgetary Plans EN

16-11-2020 PE 659.613 ECON
Briefing
Kokkuvõte : This document compares key figures included in the 2021 Draft Budgetary Plans (DBPs), as submitted by the Euro Area Member States by mid of October 2020, with those of the autumn 2020 forecasts by the European Commission (EC) and the key figures included in the 2020 Stability Programmes (SPs), as submitted by the Euro Area Member States by end of April 2020, with the those of the 2020 spring forecasts by the EC. The DBPs and the SPs are available on the Commission homepage (here: DBPs and SPs ). The EC is expected to adopt its opinions on the 2021 DBPs by end of November and the Eurogroup is expected to discuss these opinion in mid-December 2020.
Autorid : Jost ANGERER, ISABEL LARA MIRANDA

Monetary-Fiscal Interactions in the Euro Area: Assessing the Risks EN

16-11-2020 PE 658.195 ECON
Analüüs
Kokkuvõte : The global pandemic is deepening the linkages between fiscal and monetary policies. While some are concerned that high public debt may pressurise the ECB to pursue overly loose monetary policy, this paper argues there is a greater risk that the Treaty’s rules on monetary financing will constrain the ECB from reacting appropriately to the crisis and that re-imposing the EU’s fiscal rules from 2022 onwards could harm economic recovery. This paper calls for an overhaul of the economic rules in the Treaty. This document was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the Committee on Economic and Monetary Affairs (ECON) ahead of the Monetary Dialogue with the ECB President on 19 November 2020.
Autorid : Karl Whelan

Blurred Boundaries Between Monetary and Fiscal Policy EN

16-11-2020 PE 658.194 ECON
Analüüs
Kokkuvõte : The paper argues that the monetary policy response to the COVID-19 crisis has been appropriate in terms of the ECB’s primary objective. The concern over fiscal dominance is, however, valid as in a situation of rising inflationary pressure the ECB would have to choose between maintaining price stability on the one hand and public debt sustainability, financial stability and cohesion of the EMU on the other hand. Reform of the euro area institutional framework could mitigate this risk, either in the direction of a fiscal union or in the direction of full fiscal self-responsibility. This document was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the Committee on Economic and Monetary Affairs (ECON) ahead of the Monetary Dialogue with the ECB President on 19 November 2020.
Autorid : Salomon FIEDLER, Klaus-Jürgen GERN, Ulrich STOLZENBURG

Social Impact Investment - Best Practices and Recommendations for the Next Generation EN

12-11-2020 PE 658.187 EMPL
Lühitutvustus
Kokkuvõte : Social Impact Investment (SII) is a strategy that seeks to solve key societal challenges. The study sets out the rationale behind and the definition of SII and analyses the different components of the SII ecosystem. It looks at trends and challenges in SII in the EU, highlights a number of successful SII market initiatives, and makes recommendations on potential EU-level measures.
Autorid : Raimonda MACKEVIČIŪTĖ, Žilvinas MARTINAITIS, Fiorenza LIPPARINI, Barbara Constance SCHECK, Izabela STYCZYŃSKA.

Opportunities of post Covid-19 European recovery funds in transitioning towards circular and climate neutral economy EN

12-11-2020 PE 658.186 ENVI
Briefing
Kokkuvõte : The briefing presents specific green economic recovery measures that stabilise livelihoods, creates jobs and reduce biophysical impact. These measures are more effective, when accompanied by full carbon pricing, prioritizing investment in green infrastructure and innovation, phasing out of subsidies and tax exemptions for emissions-intensive activities, and promoting green finance. Although COVID-19 has reduced GHG emissions in 2020, the overall impact will be driven by investment choices. In the current economic climate, public investment is a key driver of the transition to a more sustainable economy.
Autorid : Sigrid STAGL

Impacts of climate change and air pollution on the health of the EU population EN

12-11-2020 PE 658.204 ENVI
Briefing
Kokkuvõte : As 13% of deaths in the EU 28 Member States (EU-28) were attributable to the environment in 2012,1 it is clear that the effects of climate change are having tangible consequences for the European population. Its pace and intensity could thus lead to increasing health risks accross the EU. Globally, temperatures have already risen by 1°C above pre-industrial levels and a temperature increase of more than 2°C would lead to even greater health risks, especially for vulnerable populations such as the elderly and children. There is therefore an urgent need for integrated strategies for adaptation and mitigation. Adaptation is aimed at reducing the climate change’s negative effects as well as at taking advantage of any opportunities that it creates, whereas mitigation strategies’ objective is to tackle the cause of climate change while minimising its possible impacts and potentially offering health (co)benefits.
Autorid : Hélène ROSSINOT

Farm to Fork strategy - An overview of Parliament’s positions EN

12-11-2020 PE 658.206 ENVI
Briefing
Kokkuvõte : The aim of this briefing is to give an overview of positions the European Parliament has taken over the last twenty years that are relevant to the Farm to Fork strategy, the component of the European Green Deal that aims for a fair, healthy and environmentally-friendly food system. Despite it being a new strategy, most of its 27 actions are connected to already existing legislation and as such, Parliament has previously given its opinion on the subjects covered by the strategy. This briefing presents a short summary of Parliament’s most relevant positions in the past.
Autorid : TIJMEN FERDINAND TUINSMA

COVID-19 and Economic Policy Toward the New Normal: A Monetary-Fiscal Nexus after the Crisis? EN

12-11-2020 PE 658.193 ECON
Analüüs
Kokkuvõte : Current developments during the COVID-19 pandemic involve strongly complementary monetary and fiscal policy, but both as responses to COVID-19 and not the outcome of an emergent monetary-fiscal nexus. Therefore, the ECB maintains its independence by using unconventional monetary policy measures to reach price stability, according to its mandate. This document was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the Committee on Economic and Monetary Affairs (ECON) ahead of the Monetary Dialogue with the ECB President on 19 November 2020.
Autorid : Thomas MARMEFELT

RESEARCH FOR PECH COMMITTEE: Impact of the use of offshore wind and other marine renewables on European fisheries EN

12-11-2020 PE 652.212 PECH
Uuring
Kokkuvõte : The study provides an overview of general impacts of the development of offshore wind farms and other marine renewables on the European fishing sector. It further highlights pathways for possible co-existence solutions of both sectors, a description of best practice examples and lessons learnt, the identification of research gaps and last but not least the presentation of policy recommendations.
Autorid : Vanessa STELZENMÜLLER, Antje GIMPEL, Jonas LETSCHERT, Casper KRAAN, Ralf DÖRING

EU economic developments and projections EN

11-11-2020 PE 645.716 ECON
Briefing
Kokkuvõte : This briefing provides a summary of the recent economic developments in the EU Member States and gives an overview of relevant economic projections forecasted by major international and EU institutions
Autorid : Javier María VEGA BORDELL, KRISTINA GRIGAITE, ISABEL LARA MIRANDA, MATTIA MARCHIONNI

Research for TRAN Committee-The impact of emerging technologies on the transport system EN

10-11-2020 PE 652.228 TRAN
Lühitutvustus
Kokkuvõte : This study provides an overview of the impact of Smart Mobility and their underlying emerging technologies on transport, the transport infrastructure and society. The main challenges for the deployment of Smart Mobility applications are identified and (policy) actions are defined that could be taken to overcome these challenges.
Autorid : CE Delft: Arno SCHROTEN, Anouk van GRINSVEN, Eric TOL, Louis LEESTEMAKER TNO: Peter-Paul SCHACKMANN, Diana VONK-NOORDEGRAAF, Jaco van MEIJEREN, Sytze KALISVAART

Update on recent banking developments EN

10-11-2020 PE 645.731 ECON
Briefing
Kokkuvõte : This briefing gives an update on recent events and developments in the Banking Union, based on publicly available information. The briefing summarises: 1) the main elements of two papers commissioned by ECON on the effectiveness of relaxing capital and liquidity buffers as crisis measures; 2) the most recent ECB Bank Lending Survey; 3) recent EBA publications (on anti-money laundering, sustainability, MREL-TLAC eligible instruments and the prudential treatment of legacy instruments); 4) the recent ESMA Wirecard report and similarities with the case of Commerzialbank Mattersburg; 5) the European Court of Justice’s role in shaping the Banking Union; and 6) the European Court of Auditors report on EU agencies.
Autorid : Marcel MAGNUS, CRISTINA SOFIA PACHECO DIAS, REBECCA SARAH FANNY SEGALL, KRISTINA GRIGAITE, MATTIA MARCHIONNI

Social Impact Investment - Best Practices and Recommendations for the Next Generation EN

10-11-2020 PE 658.185 EMPL
Uuring
Kokkuvõte : Social Impact Investment (SII) is a strategy that seeks to solve key societal challenges. The study sets out the rationale behind and the definition of SII and analyses the different components of the SII ecosystem. It looks at trends and challenges in SII in the EU, highlights a number of successful SII market initiatives, and makes recommendations on potential EU-level measures.
Autorid : Raimonda MACKEVIČIŪTĖ, Žilvinas MARTINAITIS, Fiorenza LIPPARINI, Barbara Constance SCHECK, Izabela STYCZYŃSKA.
Dokumendi liik

ANN02

The role of Points of Single Contact (PSCs) and other information services in the Single Market (At A Glance - Study In Focus) EN

09-11-2020 PE 658.192 IMCO
Lühitutvustus
Kokkuvõte : This At A Glance summarises the key findings of the original study, which analysed the role and development of Points of Single Contact and other information services. The study reviewed recent policy documents, and identified a range of weaknesses for the provision of contact points. The main recommendations were to improve monitoring (using the indicators and the Single Market Scoreboard) and make use of infringement proceedings in case of non-compliance. The actions could be built on the instruments available under the recent Single Digital Gateway Regulation. This document was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the committee on Internal Market and Consumer Protection (IMCO).
Autorid : Pau SALSAS-FORN et al.

The Future of Work - Implications for Public Employment Services in Europe EN

09-11-2020 PE 658.205 EMPL
Briefing
Kokkuvõte : The importance of the European PES Network has been growing since its establishment in 2014. Its to the design of relevant European policy initiatives has been most notable regarding the European Pillar of Social Rights, the integration of the long-term unemployed into the labour market and the reinforced Youth Guarantee. Substantial changes in the world of work are impacting public employment services. Their future work will be informed by two strategic policy priorities set by the European Commission for 2019-2024: The digital transformation and policies for a climate-neutral Europe, both entailing far-reaching changes on the labour market.
Autorid : Regina KONLE-SEIDL

What role for the European Semester in the recovery plan? EN

09-11-2020 PE 651.377 ECON
Analüüs
Kokkuvõte : The paper assesses the institutional interactions between the Recovery and Resilience Facility (RRF) and the European Semester, with the view to establish whether and how the Semester can constitute a governance framework for the RRF. It argues that the RRF and the Semester are mutually beneficial: the EU Semester offers important informational and signaling advantages for the preparation of recovery and resilience plans. The RRF, in turn, offers important implementation benefits for the policy advice issued under the European Semester. Yet, potential synergies are not fully exploited on implementation, ownership, and accountability towards the European Parliament.
Autorid : Manuela MOSCHELLA

Monetary-Fiscal Nexus After the Crisis EN

09-11-2020 PE 658.202 ECON
Uuring
Kokkuvõte : The severe economic disruption caused by the COVID-19 pandemic required an urgent, massive and coordinated fiscal and monetary policy response. The fiscal measures will lead to substantially higher public debt-to-GDP levels across the euro area. In order to safeguard the effective transmission of monetary policy, the European Central Bank (ECB) further expanded its asset purchases, in particular of government bonds. This growing nexus between monetary and fiscal policy has raised concerns about possible future policy constraints and trade-offs. Five papers were prepared by the ECON Committee’s Monetary Expert Panel, discussing the implications of such interlinkages between monetary and fiscal policy. This publication is prepared by Policy Department A for the Committee on Economic and Monetary Affairs (ECON), ahead of the Monetary Dialogue with ECB President Lagarde on 19 November 2020.
Autorid : Salomon FIEDLER, Klaus-Jürgen GERN, Ulrich STOLZENBURG, Karl WHELAN, Luigi BONATTI, Andrea FRACASSO, Roberto TAMBORINI, Charles WYPLOSZ, Thomas MARMEFELT

Effects of Pandemic-Induced Uncertainty on Monetary Policy EN

09-11-2020 PE 658.203 ECON
Uuring
Kokkuvõte : The COVID-19 pandemic has fuelled a significant or even, according to some measures, unprecedented increase in economic uncertainty. For central banks, such uncertainty makes effective calibration of monetary policy challenging. Four papers were prepared by the ECON Committee’s Monetary Expert Panel, presenting the different measures used as proxies of uncertainty and evaluating the effects of the current pandemic-induced uncertainty on economic outcomes in the euro area, in particular on inflation. This publication is prepared by Policy Department A for the Committee on Economic and Monetary Affairs (ECON), ahead of the Monetary Dialogue with ECB President Lagarde on 19 November 2020.
Autorid : Maria Demertzis, Marta DOMINGUEZ-JIMENEZ, Pierpaolo BENIGNO, Paolo CANOFARI, Giovanni DI BARTOLOMEO, Marcello MESSORI, Atanas PEKANOV, Stefan SCHIMAN, Christophe BLOT, Paul HUBERT and Fabien LABONDANCE

Thematic Digest on the Wirecard case EN

06-11-2020 PE 651.345 ECON
Briefing
Kokkuvõte : This document presents the summaries of three external papers commissioned by EGOV upon request of the Economic and Monetary Committee (ECON). ECON has requested external experts to provide expertise on the wider supervisory implications of the Wirecard case. The summaries were drafted by EGOV in own responsibility.
Autorid : Marcel MAGNUS, CRISTINA SOFIA PACHECO DIAS, REBECCA SARAH FANNY SEGALL, KRISTINA GRIGAITE

40 years of the Hague Convention on child abduction: legal and societal changes in the rights of a child EN

06-11-2020 PE 660.559 JURI
Analüüs
Kokkuvõte : This in-depth analysis has been commissioned by the European Parliament’s Policy Department for Citizens’ Rights and Constitutional Affairs at the request of the JURI Committee in the context of the workshop to mark the 40th Anniversary of the Hague Convention on the Civil Aspects of International Child Abduction. It looks into the implementation of the 1980 Convention, as regards the respect of autonomy of parts, validity of agreements and mediation, and describes, from a practitioner’s point of view, how the parents and children see the process. The paper concludes that in order to protect the interest of the child, the 1980 Convention should be maintained with restricted exceptions, but more should be done in terms of prevention. The new measures should include, in particular, harmonisation of the relocation proceedings and principles, enforceability of mediation agreements, and increasing of the autonomy of the parties through the inclusion of residence and custody plans in prenuptial agreements.
Autorid : Adriana DE RUITER

Research for REGI Committee-Cohesion Policy measures in response to the COVID-19 pandemic EN

05-11-2020 PE 652.223 REGI
Lühitutvustus
Kokkuvõte : The EU has been very active in setting up policy and funding instruments to swiftly and pragmatically mobilise initial support during the health crisis, immediately followed by efforts to get the economy back on track. This paper provides a first review of Cohesion Policy measures in response to the COVID-19 pandemic, including preliminary insights on their uptake and reflections on their impact. It concludes with policy pointers on how to use the measures as accelerators for structural change.
Autorid : Spatial Foresight: Kai BÖHME & Christian LÜER

What are the wider supervisory implications of the Wirecard case? EN

05-11-2020 PE 651.385 ECON
Uuring
Kokkuvõte : The paper discusses the policy implications of the Wirecard scandal. The study finds that all lines of defense against corporate fraud, including internal control systems, external audits, the oversight bodies for financial reporting and auditing and the market supervisor, contributed to the scandal and are in need of reform. To ensure market integrity and investor protection in the future, the authors make eight suggestions for the market and institutional oversight architecture in Germany and in Europe.
Autorid : Katja LANGENBUCHER, Christian LEUZ, Jan Pieter KRAHNEN, Loriana PELIZZON

Corporate social responsibility (CSR) and its implementation into EU Company law EN

05-11-2020 PE 658.541 JURI
Uuring
Kokkuvõte : Building on both European Union (EU) law and chosen Member States’ legislation, this study, commissioned by the European Parliament’s Policy Department for Citizens’ Rights and Constitutional Affairs at the request of the JURI Committee aims at understanding to what extent Member States are supporting the development and the implementation of CSR strategies in the business community, with particular focus on due diligence requirements. It also attempts at providing some recommendations aimed at possibility developing a comprehensive and structured approach to CSR for the whole of the EU.
Autorid : Kletia Noti ; Prof. Federico Maria Mucciarelli; Dr Virginia dalla Pozza; Carlo Angelici Mattia PILLININI.

The situation of single parents in the EU EN

05-11-2020 PE 659.870 FEMM
Uuring
Kokkuvõte : This study, commissioned by the European Parliament’s Policy Department for Citizens’ Rights and Constitutional Affairs at the request of the FEMM Committee, describes trends in the situation of single parents in the EU (with additional evidence from Iceland and Norway). It analyses the resources, employment, and social policy context of single parents and provides recommendations to improve their situation, with attention to the Covid-19 pandemic and its consequences.
Autorid : Rense NIEUWENHUIS

THE CHILD PERSPECTIVE IN THE CONTEXT OF THE 1980 HAGUE CONVENTION EN

31-10-2020 PE 659.819 JURI
Analüüs
Kokkuvõte : This in-depth analysis, commissioned by the Policy Department for Citizens’ Rights and Constitutional Affairs at the request of the Committee on Legal Affairs in the context of the Workshop to mark the 40th Anniversary of the Hague Convention on the Civil Aspects of International Child Abduction, examines the way in which subject children feature within Convention proceedings. It considers the aims of the Convention, and the lack of supranational control of its application. It draws on empirical research relating to the effects and consequences of child abduction to discuss the opportunities for children and young people to participate within Convention proceedings, and highlights the international obligations for such participation within the United Nations Convention on the Rights of the Child, The Charter of Fundamental Rights of the European Union, and other regional instruments. Different jurisdictional approaches are explained, and the role of culture in this context is probed. The impact of COVID-19 on abducted children is also explored.
Autorid : Marilyn FREEMAN

Budget and staffing needs at the Agency for the Cooperation of Energy Regulators (ACER) EN

31-10-2020 PE 658.177 ITRE
Uuring
Kokkuvõte : This study analyses the role, organisational structure, tasks and financial and human resources of the Agency for the Cooperation of Energy Regulators (ACER). ACER plays an important role in the development, integration and functioning of the electricity and gas systems and markets in the EU, and its responsibilities in these domains have since its establishment in 2011 substantially increased. Although its resources have also significantly grown, ACER is facing a structural budget shortage and had to deprioritise, delay or cancel some tasks in recent years. Collection of fees from 2021 should alleviate these limitations. ACER’s request for a higher budget appears reasonable and appropriate given its important contribution to major energy policy priorities, and the fact that its functioning seems efficient and effective.
Autorid : Andrea DEMURTAS, João GORENSTEIN DEDECCA, Luc VAN NUFFEL and Koen RADEMAEKERS.

Strengthening transparency and integrity via the new ‘Independent Ethics Body’ (IEB) EN

31-10-2020 PE 661.110 AFCO
Uuring
Kokkuvõte : This study, commissioned by the European Parliament’s Policy Department for Citizens’ Rights and Constitutional Affairs at the request of the AFCO Committee, provides an overview of transparency and integrity-related elements in the current EU setting, covering both substantive elements (including, in particular, conflict of interest and revolving-doors) as well as the body in charge of ethical control and guidance. Based on a comparison covering France, Ireland and Canada, this study proposes an ‘Independent Ethics Body’ (IEB) via a new interinstitutional agreement.
Autorid : FRISCHHUT Markus

State of play of EU-Iran relations and the future of the JCPOA EN

30-10-2020 PE 603.515 AFET
Analüüs
Kokkuvõte : The Joint Comprehensive Plan of Action (JCPOA), spearheaded by the European Union (EU), was a successful multilateral non-proliferation agreement. The hope was that it would also pave the way for dealing with other outstanding issues over which the EU and United States (US) were at loggerheads with Iran. Instead, with the election of President Trump, the main focus has been to save the JCPOA. As Iran has decreased its compliance with the deal and regional friction has intensified, particularly as a result of the US maximum pressure campaign, the EU has faced increasing challenges to maintain a working relationship with Tehran and to pursue its strategic objectives on Iran – a tall order even in more conducive circumstances. While the outcome of the US presidential elections in November 2020 will affect developments thereafter, the EU should shape its policy independent of a rturn to constructive multilateralism in Washington. It must further develop its strategic autonomy, enhance and expand its interaction with Tehran to ensure the JCPOA’s survival, while also taking a more proactive role in mitigating and mediating conflicts in the region.
Autorid : Rouzbeh PARSI, Aniseh BASSIRI TABRIZI

RESEARCH FOR PECH COMMITTEE: Impact of the use of offshore wind and other marine renewables on European fisheries EN

30-10-2020 PE 652.224 PECH
Lühitutvustus
Kokkuvõte : The study provides an overview of general impacts of the development of offshore wind farms and other marine renewables on the European fishing sector. It further highlights pathways for possible co-existence solutions of both sectors, a description of best practice examples and lessons learnt, the identification of research gaps and last but not least the presentation of policy recommendations.
Autorid : Vanessa STELZENMÜLLER, Antje GIMPEL, Jonas LETSCHERT, Casper KRAAN, Ralf DÖRING

Tackling violence against women and domestic violence in Europe – The added value of the Istanbul Convention and remaining challenges EN

30-10-2020 PE 658.648 FEMM
Uuring
Kokkuvõte : This study was commissioned by the European Parliament’s Policy Department for Citizens’ Rights and Constitutional Affairs at the request of the FEMM Committee. It aims to understand the implementation of the Convention, its added value, arguments against the ratification of the Convention, and the impact of the COVID-19 pandemic on violence against women (VAW) and domestic violence (DV). The 27 EU Member States are included in the study, together with Turkey, which offers a comparator of the impact of the ratification of the Convention by a non-EU country.
Autorid : Nathalie MEURENS, Hayley D’SOUZA, Saredo MOHAMED, Nazia CHOWDHURY, Stelios CHARITAKIS, Kate, REGAN, ICF Prof. Dr Els LEYE, Ghent University/Consultant

The functioning of the Internal Market for Digital Services: responsibilities and duties of care of providers Challenges and opportunities EN

29-10-2020 PE 652.736 IMCO
Briefing
Kokkuvõte : The original full study reflects on responsibilities and duties of care of online intermediaries as set out in Directive 2000/31/EC (E-Commerce Directive, ECD) and gives recommendations for a possible future EU Digital Services Act.
Autorid : Mariusz MACIEJEWSKI

The relaxation of bank capital and liquidity requirements in the wake of the coronavirus crisis EN

29-10-2020 PE 651.373 ECON
Analüüs
Kokkuvõte : EU banks entered the coronavirus crisis with high capital and liquidity buffers resulting from the reforms undertaken after the global financial crisis of 2007-2009. This allowed a bold and swift response by supervisors oriented towards supporting banks’ ability to provide credit to the real economy. This paper provides an overview and an assessment of the regulatory response to the crisis, and suggests some recommendations for the future design of countercyclical regulation.
Autorid : J.ABAD, R.REPULLO

Has the relaxation of capital and liquidity buffers worked in practice? EN

29-10-2020 PE 651.374 ECON
Analüüs
Kokkuvõte : We analyse the recent policy decisions made by the ECB and the national authorities related to capital, liquidity, and shareholders’ remuneration aimed at promoting credit supply from the banking sector to the coronavirus-afflicted economy. We forecast the impact of the regulatory decisions based on the empirical literature, discuss the factors that reduce the banks’ incentives to expand loan portfolios and develop policy suggestions intended to mitigate the effect of these factors.
Autorid : Alexandra MATYUNINA, Steven ONGENA

What are the wider supervisory implications of the Wirecard case? EN

29-10-2020 PE 651.383 ECON
Uuring
Kokkuvõte : While multiple causes underpin accounting scandals such as Wirecard, they often point at deficiencies in the audit profession and its oversight. Currently, the system of national public audit oversight boards (POBSAs) is fragmented and overly complex, characterized by limited responsiveness to red flags, and apparent lack of communication among the POBSAs, and with other supervisors. This suggests supervisory coordination and clear action triggers are imperative. Importantly, pervasively low transparency limits the usefulness of this briefing and hinders evidence-based policy making.
Autorid : Beatriz GARCÍA OSMA, Ana GISBERT, Begoña NAVALLAS

Research for REGI Committee - Cohesion Policy Measures in Response to the COVID-19 Pandemic EN

29-10-2020 PE 652.216 REGI
Uuring
Kokkuvõte : The EU has been very active in setting up policy and funding instruments to swiftly and pragmatically mobilise initial support during the health crisis, immediately followed by efforts to get the economy back on track. This paper provides a first review of Cohesion Policy measures in response to the COVID-19 pandemic, including preliminary insights on their uptake and reflections on their impact. It concludes with policy pointers on how to use the measures as accelerators for structural change.
Autorid : Spatial Foresight: Kai BÖHME, Christian LÜER.

Intra-African Migration EN

28-10-2020 PE 603.514 DEVE
Uuring
Kokkuvõte : This study provides a broad perspective of the main trends in intra-African migration, emphasising its regional variations and complex drivers. The analysis is focussed on mapping and describing the structures – routes, hubs, settlements and sites of migration within the continent – as well as identifying the relevant infrastructures that facilitate these movements – ranging from road, railway and transportation networks to social connectivities and brokerage. The analysis not only of spaces and flows, but also of infrastructure within these networks shows that there is a multiplicity of interrelations, interconnections and interdependences that need to be captured and understood in order to address both the potential and problems for intra-African migration. By grasping the ‘big picture’ of intra-African migration, policies and activities generated by both the African Union and the European Union will be capable of providing comprehensively integrated and tailored responses. Recommendations are directed towards: improving knowledge of the many structures and infrastructures, along with their articulations and functioning; identifying the negative and positive aspects of migration conducive to sustainable development; and addressing the present Africa-Europe polarisation of views through diplomacy and monitoring.
Autorid : Cristina UDELSMANN RODRIGUES, Jesper BJARNESEN

Gender equality in the college of the European Court of Auditors EN

28-10-2020 PE 659.976 CONT
Briefing
Kokkuvõte : This briefing on gender balance in the college of the European Court of Auditors aims to shed light on the balance between male and female members, from a historical perspective as the ECA has a reputation of being a rather male-dominated institution.
Autorid : Michaela FRANKE

EU Gender budgeting: where do we stand? EN

28-10-2020 PE 660.058 BUDG CONT
Briefing
Kokkuvõte : Gender budgeting has a fundamental impact on inclusive and economic growth, fostering employment, reducing poverty, addressing ageing population and increasing Gross Domestic Product (GDP). According to the study of the European Institute for Gender Equality (EIGE), the estimated impact of improved gender equality varies considerably across member states from 4% to 12% of GDP, depending on the present level of achievement of gender equality.
Autorid : Rita CALATOZZOLO, CAMILLE MARIE LIGIA SIMOES

What are the wider supervisory implications of the Wirecard case? EN

28-10-2020 PE 651.384 ECON
Uuring
Kokkuvõte : Beginning with a discussion of the Wirecard case, this study highlights several lessons for the regulation and supervision of Fintech companies. Innovation in the financial industry brings both efficiency gains and new risks. To balance these two elements, regulators need a deep understanding of Fintech’s technologies and business models. Because Fintechs can be very complex companies, there is a need for an approach combining the oversight of both entities and activities. The global scope of Fintech’s activities also calls for convergence and coordination of rules and supervisory practices at the European level and beyond.
Autorid : Giorgio BARBA NAVARETTI, Giacomo CALZOLARI, Alberto Franco POZZOLO

Protecting civil society space: strengthening freedom of association, assembly and expression and the right to defend rights in the EU EN

28-10-2020 PE 659.660 LIBE
Uuring
Kokkuvõte : This study, commissioned by the European Parliament's Policy Department for Citizens' Rights and Constitutional Affairs at the request of the LIBE Committee, covers the challenges facing the civil society space. Watchdog NGOs and other human rights defenders have been under pressure during the humanitarian and rule of law ‘crises’. Several EU Member States have passed laws that fall short of international, regional and EU freedom of association standards. Some governments have used the COVID-19 pandemic to further restrict the civic space. The study explores how the EU could protect civil society from unjust state interference by strengthening freedom of association, assembly and expression, as well as the right to defend human rights. The study elaborates on four policy options: introducing a European association statute; establishing internal guidelines to respect and protect human rights defenders; developing a civil society stability index; and creating a network of focal contact points for civil society at EU institutions. It recommends strengthening the independence of critical civil society actors and increasing funding for activities such as strategic litigation to uphold EU laws and values.
Autorid : Lina VOSYLIŪTĖ, Ngo Chun LUK

International Financial Reporting Standards (IFRS): IFRS 17 - Insurance Contracts EN

27-10-2020 PE 648.240 ECON
Briefing
Kokkuvõte : This briefing, prepared for a scrutiny session of the ECON Committee, provides background on the International Financial Reporting Standard (IFRS) 17 Insurance Contracts which will have a major impact on the accounting of insurance companies. IFRS 17 was issued by the IASB in 2017; the Parliament adopted a resolution on 3 October 2018. As some remaining issues were raised at EU level, the IASB has issued amendments to IFRS 17 on 25 June 2020. The next step for endorsement was the EFRAG's consultation on its draft endorsement advice of 30 September 2020 (closing on 29 January 2021). The scrutiny session feeds ECON's views into this process.
Autorid : Doris KOLASSA, MARTIN MIKULKA

Information Package for the Committee of Inquiry on the protection of animals during transport (ANIT) EN

27-10-2020 PE 652.222 ANIT
Analüüs
Kokkuvõte : This note aims to provide the Members of the ANIT Committee with a state of play on existing literature and data sources on live animal transport through links to key information sources and existing reports and studies.
Autorid : Albert MASSOT MARTI, François NEGRE

Skills and Jobs for future labour markets: European policies and Skills Agendas 2010 - 2020 EN

26-10-2020 PE 642.385 EMPL
Briefing
Kokkuvõte : The briefing presents an overview of sklls challenges, European and international policy responses. Further, it analyses the three European skills agendas 2010, 2016 and 2020 from a lifelong learning perspective. The note covers aspects of the COVID-19 pandemic.
Autorid : Susanne KRAATZ

Public hearing with Elke König, Chair of the Single Resolution Board EN

26-10-2020 PE 645.729 ECON
Briefing
Kokkuvõte : This note is prepared in view of an ordinary public hearing with the Chair of the Single Resolution Board (SRB), Elke König, which will take place on 27 October 2020. The central aim of the meeting is to discuss the SRB 2019 annual report. Following the structure of the SRB 2019 annual report, this briefing addresses (i) COVID-19 response measures taken by the SRB, and the need to consider a COVID-19 exit strategy going forward; (ii) resolution plans for banks under the SRB’s remit; (iii) preparation for the 2020 resolution planning cycle; (iv) resolvability assessments; (v) preparations for the UK’s withdrawal from the EU; (vi) cooperation with the European Parliament; (vii) contributions to the Single Resolution Fund; (viii) investments of these funds; (ix) management of resources; and (x) appeal panel.
Autorid : Marcel MAGNUS, CRISTINA SOFIA PACHECO DIAS, REBECCA SARAH FANNY SEGALL, KRISTINA GRIGAITE

Public hearing with Andrea Enria, Chair of the ECB Supervisory Board EN

26-10-2020 PE 645.730 ECON
Briefing
Kokkuvõte : This note is prepared in view of a regular public hearing with the Chair of the Supervisory Board of the European Central Bank (ECB), Andrea Enria, which will take place on 27 October 2020. The briefing addresses (i) recent supervisory measures in response to the COVID-19 crisis, including an overview of the ECB’s COVID-19 vulnerability analysis and a discussion on the effectiveness of certain capital relief measures; (ii) the SSM’s response to the European Parliament’s 2019 Banking Union Report; (iii) short-term risks for the banking sector (low profitability, NPLs and Brexit); (iv) longer-term challenges, including consolidation in the banking sector and completing the Banking Union; and (v) supervisory issues, namely anti-money laundering and addressing cyber and IT risks.
Autorid : Marcel MAGNUS, CRISTINA SOFIA PACHECO DIAS, REBECCA SARAH FANNY SEGALL, KRISTINA GRIGAITE

Environemtnal damage. For an implementation of the companies' liability. Remedial perspectives EN

26-10-2020 PE 659.925 JURI
Briefing
Kokkuvõte : Environemtnal damage. For an implementation of the companies' liability. Remedial perspectives
Autorid : Roberta Landi

The scope of EU labour law: Who is (not) covered by key directives? EN

26-10-2020 PE 658.181 EMPL
Analüüs
Kokkuvõte : This in-depth analysis examines the current EU labour law instruments for workers’ protection and highlights existing gaps in coverage which may require further action. It analyses a selection of directives in order to determine how non-standard workers are often excluded from their scope of application, and the extent to which newer instruments account for a broader variety of employment relationships. This document was provided by the Policy Department for Economic, Scientific and Quality of Life Policies for the committee on Employment and Social Affairs (EMPL).
Autorid : MONIKA MARZENA SZPEJNA, ZAHRA JEANNE BOUDALAOUI-BURESI

Environmental liability of companies’ Selected Possible Amendments of the ELD EN

26-10-2020 PE 659.924 JURI
Analüüs
Kokkuvõte : This in depth analysis explores different possibilities of updating the ELD directive in relation to the environmental responsibility of companies and seeks to highlight the basic policy choices and options in order to ensure a high protection of the environment
Autorid : Lucas BERGKAMP

Research for REGI Committee - EU lagging regions: state of play and future challenges EN

26-10-2020 PE 652.215 REGI
Uuring
Kokkuvõte : This study analyses the EU’s lagging regions and proposes a revised typology to identify those that are most vulnerable, with an eye to the challenges emerging from the ongoing economic transitions. It also explores the engagement of lagging regions in EU policies, including cohesion policy, and puts forward some recommendations to improve their future support at EU level.
Autorid : EPC: Marta PILATI, Alison HUNTER

Selected Euro Area Macroeconomic Indicators EN

23-10-2020 PE 528.737 ECON
Lühitutvustus
Kokkuvõte : This note provides a comparison of some key macroeconomic forecast indicators for the Euro Area as a whole published by the Commission, IMF, ECB and OECD.
Autorid : Javier María VEGA BORDELL

Access to Abortion Services for Women in the EU - Slovakia EN

23-10-2020 PE 659.922 FEMM
Analüüs
Kokkuvõte : This paper, commissioned by the European Parliament’s Policy Department for Citizens’ Rights and Constitutional Affairs at the request of the FEMM Committee, provides basic information on access to abortion services in Slovakia. The legal status of abortions in the country is under permanent pressure despite the legally binding decision by the Constitutional Court back in 2007 which safeguarded women´s right to free choice. Eleven proposals to restrict abortion have been presented in the National Parliament, in the last two years. Medical abortion is not available in the country, and together with conscientious objection applied in health services and current COVID-19 pandemics access to abortion services is further limited.
Autorid : Martina SCHONARD

The environmental impacts of plastics and micro-plastics use, waste and pollution: EU and national measures EN

22-10-2020 PE 658.279 PETI
Uuring
Kokkuvõte : This study, commissioned by the European Parliament’s Policy Department for Citizens’ Rights and Constitutional Affairs at the request of the Committee on Petitions (PETI), focuses on the pervasive use of plastics and reviews the rising consensus on the potential eco-toxicological impacts of these materials, in particular of smaller plastic particles, dubbed microplastics. It discusses possible mitigation strategies aimed at curtailing the prevalence of (micro)plastics, as well as emerging alternatives and their environmental adequacy. Propelled by increasing awareness of the impacts of plastics and by public opinion, in recent years a multitude of norms, regulations, laws and recommendations have been proposed and/or implemented. These vary greatly across local, national, regional and international levels, and it is not clear what the beneficial impacts of these tools are. This study assesses these existing instruments, analyses whether they are based on sound scientific data, and discusses foreseeable challenges that could restrain the relevance and suitability of existing and future legislative proposals.
Autorid : João PINTO DA COSTA (lead author), Teresa ROCHA-SANTOS, Armando C. DUARTE, Department of Chemistry and CESAM, University of Aveiro, Portugal

European Parliament’s Banking Union reports in 2015 - 2019 EN

21-10-2020 PE 651.372 ECON
Analüüs
Kokkuvõte : This briefing provides an overview of the European Parliament’s expectations and priorities for the Banking Union as set out in its annual Banking Union reports. The first section of this briefing provides a short overview of the 2019 Banking Union report, the ECB Banking Supervisor’s response, as well as concrete actions expected from the Single Resolution Board, who as yet have not provided a formal response to any of Parliament’s Banking Union reports. In order to better contextualise the themes of latest Banking Union report, the subsequent section addresses the main themes raised in previous Banking Union reports (2015-2018). The annex of the briefing includes a comparison of the positions taken by the European Parliament in its Banking Union reports in the following policy areas: banking developments and structures; institutional and organisational issues; regulatory issues; completing the banking union; risk assessment; supervisory issues and priorities; crisis management; policies related to anti-money-laundering; and climate and sustainability issues.
Autorid : Marcel MAGNUS, CRISTINA SOFIA PACHECO DIAS, REBECCA SARAH FANNY SEGALL, KRISTINA GRIGAITE, ISABEL LARA MIRANDA

The role of Points of Single Contact and other information services in the Single Market EN

20-10-2020 PE 658.179 IMCO
Uuring
Kokkuvõte : This study analyses the role and development of Points of Single Contact and other information services. It reviews recent policy documents, and identifies a range of weaknesses for the provision of contact points. The main recommendations are to improve monitoring (using the indicators and the Single Market Scoreboard) and make use of infringement proceedings in case of non-compliance. The actions could build on the instruments available under the recent Single Digital Gateway Regulation. This document was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the committee on Internal Market and Consumer Protection (IMCO).
Autorid : Pau SALSAS-FORN et al.

How can international trade contribute to sustainable forestry and the preservation of the world’s forests through the Green Deal? EN

19-10-2020 PE 603.513 INTA
Analüüs
Kokkuvõte : High deforestation rates, particularly in tropical areas, remain a pressing concern for the international community, given their impacts on the global climate and the loss of biodiversity. The EU has committed to promoting sustainable forest management both domestically and internationally. However, efforts so far have concentrated on promoting the legality of trade in timber and timber products, via policy instruments such as FLEGT and the EU Timber Regulation. EU trade policy could be employed more systematically to promote sustainable forestry and deforestation-free value chains. The report proposes eleven measures to this end, both at the unilateral, bilateral and multilateral level, that inter alia combine market access incentives on the part of consumer markets such as the EU with obligations to promote principles of sustainable production on the part of producer countries.
Autorid : Werner RAZA, Bernhard TRÖSTER, Bernhard WOLFSLEHNER, Markus KRAJEWSKI.

Commitments made at the hearings of the Commissioners-designate - von der Leyen Commission 2019-2024 EN

16-10-2020 PE 630.241 TRAN PETI ITRE INTA BUDG AFET DEVE EMPL ENVI CONT ECON REGI IMCO PECH CULT AGRI AFCO FEMM JURI LIBE
Lühitutvustus
Kokkuvõte : This document provides links to all Briefings produced by the Policy Departments of the Directorate-General for Internal Policies and of the Directorate-General for External Policies of the European Parliament, with salient points and essential commitments made by the Vice-Presidents and Commissioners-designates at their respective hearings before the European Parliament, in September-November 2019 and in October 2020. For an exhaustive list of all commitments made and positions taken by the candidates, the full verbatim report of each public hearing is available on the dedicated hearings website of the European Parliament, as are the written questions and answers.

Policy Departments’ Monthly Highlights - November 2020 EN

15-10-2020 PE 648.239 ECON REGI BUDG AFET JURI
Lühitutvustus
Kokkuvõte : 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.

Research for REGI Committee - EU lagging regions: state of play and future challenges EN

15-10-2020 PE 652.219 REGI
Lühitutvustus
Kokkuvõte : This study analyses the EU’s lagging regions and proposes a revised typology to identify those that are most vulnerable, with an eye to the challenges emerging from the ongoing economic transitions. It also explores the engagement of lagging regions in EU policies, including cohesion policy, and puts forward some recommendations to improve their future support at EU level.
Autorid : EPC: Marta PILATI, Alison HUNTER

Study in focus: Regulatory Sandboxes and Innovation Hubs for FinTech EN

15-10-2020 PE 658.182 ECON
Lühitutvustus
Kokkuvõte : The original full study analyses the design and operation of regulatory sandboxes and innovation hubs as part of jurisdictions’ regulatory response to financial innovation, focusing on the models adopted in the EU and the EFTA countries. This document was prepared by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the Committee on Economic and Monetary Affairs (ECON).
Autorid : RADOSTINA PARENTI

Barriers to Competition through Joint Ownership by Institutional Investors EN

15-10-2020 PE 658.183 ECON
Lühitutvustus
Kokkuvõte : In recent years, the phenomenon of common ownership by institutional investors has sparked considerable debate about its impact on competition and companies’ corporate governance. The original full study analyses some specific features of common ownership by institutional investors in the European banking sector, at the intersection between competition policy, financial sector regulation and corporate governance rules. This document was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the committee on Economic and Monetary Affairs (ECON).
Autorid : S. FRAZZANI, K. NOTI, M. P. SCHINKEL, J. SELDESLACHTS, A. BANAL ESTAÑOL, N. BOOT, C. ANGELICI

Online Platforms’ Moderation of Illegal Content Online EN

15-10-2020 PE 658.184 IMCO
Lühitutvustus
Kokkuvõte : The original full study reviews and assesses the EU regulatory framework on content moderation and current practices by key online platforms. It assesses the regulation in six countries/regions and makes recommendations to improve the EU legal framework on content moderation in the context of the forthcoming Digital Services Act.
Autorid : Alexandre DE STREEL et al.

What role for the European Semester in the recovery plan? EN

15-10-2020 PE 651.370 ECON
Analüüs
Kokkuvõte : This briefing paper argues that the political imperative to ensure that the economic stimulus from the EU’s new commonly funded facilities is provided expeditiously will prevail against desires to create a robust governance framework for these funds within the European Semester process. The pandemic-related suspension of the Stability and Growth Pact creates a need to reform the Pact ahead of its future reintroduction. This presents an opportunity to incorporate more of the Semester’s reform implementation agenda directly into the Pact’s policy prescriptions.
Autorid : Jacob Funk KIRKEGAARD