Please fill this field

Paskutiniai dokumentai

Kai kurių iš šių dokumentų gali nebūti Jūsų kalba, todėl automatiškai bus pasiūlyta versija kita kalba. Prie tokių dokumentų rasite piktogramą, nurodančią siūlomą kalbinę versiją. (e.g.: FR ).

Banking Union: Postponed Basel III reforms EN

22-01-2021 PE 651.347 ECON
Glaustai
Santrauka : This briefing summarises the Basel Committee’s decision to postpone the implementation of the outstanding Basel III standards, their main content, and their estimated impact on banks’ capital needs.
Autoriai : Marcel MAGNUS, CRISTINA SOFIA PACHECO DIAS, REBECCA SARAH FANNY SEGALL, KRISTINA GRIGAITE

Economic dialogue with the President of the Eurogroup EN

22-01-2021 PE 659.633 ECON
Išsami analizė
Santrauka : Paschal Donohoe has been invited to his first Economic Dialogue in the ECON Committee since his election as President of the Eurogroup in July 2020. The previous dialogue with Mário Centeno took place on 21 April 2020. The exchange of views with Members of the ECON Committee will cover the ongoing work of the Eurogroup, notably short term policy measures intended to combat the economic, financial and social consequences of COVID-19, medium term policies to support a sustainable recovery and increase resilience of the Euro Area and longer term objectives relating to the robustness of the EMU governance framework, including completing the Banking Union. This briefing covers the following issues: the Eurogroup work programme until June 2021 (Section 1); Economic situation and developments (Section 2); the Recovery and Resilience Facility and the 2021 European Semester Cycle (Section 3); EU/EA policy measures taken to mitigate the economic effects of the pandemic (Section 4); Financial assistance programmes and reform of European Stability Mechanism (Section 5) and Banking Union developments (Section 6). For an overview of the role of the President of the Eurogroup, please see Briefing: The role (and accountability) of the President of the Eurogroup.
Autoriai : Jost ANGERER, Marcel MAGNUS, WOLFGANG LEHOFER, CRISTINA SOFIA PACHECO DIAS, REBECCA SARAH FANNY SEGALL, KRISTINA GRIGAITE, ISABEL LARA MIRANDA

Reimbursement and compensation in case of transport cancellation or delay: rights and their enforcement EN

21-01-2021 PE 658.218 IMCO
Briefing
Santrauka : Following the COVID-19 outbreak, many trips have been cancelled as a result of measures introduced by Member States that substantially restricted travelling. Some companies have refused to refund customers and have imposed on them to use vouchers instead. This briefing aims to provide consumers with guidance and practical advice concerning their claims for reimbursement and compensation following travel cancellations or delays. It points at complaint forms to use, facilitations such as an alternative dispute resolution and European small claims procedure. It also gives more precise information on claims concerning travel cancellations due to the COVID-19 crisis.
Autoriai : Mariusz MACIEJEWSKI, LOUISE MATHILDE CAROLINE BLANDIN, AMY JANE MCGOURTY

Economic Dialogue and Exchange of Views with the President of the Council (ECOFIN) EN

21-01-2021 PE 659.626 ECON
Briefing
Santrauka : João Leão, Minister of Finance of Portugal, is participating in the ECON Committee in his capacity of President of the ECOFIN Council during the Portuguese Presidency (January-June 2021). In accordance with the Treaty of the Union, “Member States shall regard their economic policies as a matter of common concern and shall coordinate them within the Council”. This briefing provides an overview of the Portuguese presidency priorities in ECON matters, including the Council’s work relating to the implementation of the European Semester for economic coordination, notably the application of the Recovery and Resilience Facility and deepening of the Economic and Monetary Union (EMU).
Autoriai : Alice ZOPPÉ, Jost ANGERER, WOLFGANG LEHOFER, CRISTINA SOFIA PACHECO DIAS, REBECCA SARAH FANNY SEGALL, KRISTINA GRIGAITE, ISABEL LARA MIRANDA

The proposed amendments to the Treaty establishing the European Stability Mechanism EN

18-01-2021 PE 634.357 ECON
Išsami analizė
Santrauka : This document presents the proposed amendments to the Treaty establishing the European Stability Mechanism (ESM). The note outlines the relevant changes and provides a comparison between the current ESM Treaty and the proposed amended one. This note will be updated in light of relevant developments and it complements two separate EGOV briefings: The European Stability Mechanism: Main Features, Instruments and Accountability and the ESM Pandemic Crisis Support.
Autoriai : Alice ZOPPÉ, CRISTINA SOFIA PACHECO DIAS

When and how to deactivate the SGP general escape clause? EN

15-01-2021 PE 651.375 ECON
Išsami analizė
Santrauka : The unprecedented level of economic uncertainty requires clarifying the European fiscal rules. To avoid repeating the mistakes of the last crisis, the deactivation of the General Escape Clause should be state-dependent, not time-dependent and should take place only when 1) a reform of the SGP has been agreed upon, 2) the EU has returned to its pre-crisis level in terms of GDP per capita or employment. The state-dependent strategy should also apply at the country level.
Autoriai : Philippe MARTIN, Xavier RAGOT

Macro-Financial Assistance to EU Member States -January 2021 EN

14-01-2021 PE 651.367 ECON
Išsami analizė
Santrauka : This document provides regularly updated information on EU Member States which receive or received financial assistance from the ESM, the EFSF, the EFSM, the EU balance of payments assistance facility, other Member States and/or the IMF. Since August 2018 all financial assistance programmes to EU Member States have been concluded; therefore, the document focuses on the implementation of the enhanced surveillance framework for Greece and post-programme reviews for Ireland, Portugal, Romania, Cyprus and Spain undertaken by the European Commission (EC) in liaison with the ECB (Post-Programme Surveillance, PPS), the IMF (Post-Programme Monitoring, PPM, and Article IV assessments) and the ESM (Early Warning System, EWS).
Autoriai : Jost ANGERER, CRISTINA SOFIA PACHECO DIAS

Policy Departments’ Monthly Highlights - January 2020 EN

Glaustai
Santrauka : 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.

Air pollution and COVID-19 EN

12-01-2021 PE 658.216 ENVI
Tyrimas
Santrauka : This study is about the effects of air pollution on health, notably COVID-19. The COVID-19 pandemic continues to wreak havoc in many areas of the world. The infection spreads through person-to-person contact. Transmission and prognosis, once infected, are potentially influenced by many factors, including air pollution. Studies have suggested that air pollution increases the incidence and the severity of the disease. However, the current data are too limited to be certain. Especially the quantitative contribution of air pollution to the disease is still very uncertain.
Autoriai : Bert BRUNEKREEF et al.

Review of the bank crisis management and deposit insurance frameworks Banking Union Working Group EN

11-01-2021 PE 659.620 ECON
Briefing
Santrauka : This briefing summarises key elements of the intended initiative, based on the information that the Commission provided on 10 November 2020 in its related public consultation and additional public sources. The briefing also briefly focuses on other related issues, namely, misalignments between state-aid and resolution and some European Court of Justice decisions with impact on the crisis management framework, and a box focusing on rele-vant aspects of the Commission’s recently released NPL Action Plan (an Annex lists most recent EGOV briefings and external papers relevant for these matters). The briefing has been prepared in view of a discussion of the Banking Union Working Groupof the European Parliament on the Commission's revision of the bank crisis management framework.
Autoriai : Marcel MAGNUS, CRISTINA SOFIA PACHECO DIAS, REBECCA SARAH FANNY SEGALL, KRISTINA GRIGAITE

The use of pesticides in developing countries and their impact on health and the right to food EN

08-01-2021 PE 653.622 DEVE
Tyrimas
Santrauka : This study provides a broad perspective on the main trends regarding the use of pesticides in developing countries and their impacts on human health and food security. Information is provided on the challenges of controlling these hazardous substances, along with the extent to which pesticides banned within the European Union (EU) are exported to third countries. The analysis assesses the factors behind the continuation of these exports, along with the rising demand for better controls. Recommendations are intended to improve the ability for all people, including future generations, to have access to healthy food in line with United Nations declarations. These recommendations include collaborating with the Rotterdam Convention to strengthen capacity building programmes and the use of the knowledge base maintained by the Convention; supporting collaboration among developing countries to strengthen pesticide risk regulation; explore options to make regulatory risk data more transparent and accessible; strengthen research and education in alternatives to pesticides; stop all exports of crop protection products banned in the EU; only allow the export of severely restricted pesticides if these are regulated accordingly and used properly in the importing country; and support the re-evaluation of pesticide registrations in developing countries to be in line with FAO/WHO Code of Conduct.
Autoriai : Swagata SARKAR, Juliana DIAS BERNARDES GIL, James KEELEY, Niklas MÖHRING, Kees JANSEN

EU economic developments and projections EN

08-01-2021 PE 645.716 ECON
Briefing
Santrauka : 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
Autoriai : Javier María VEGA BORDELL, OVIDIU IONUT TURCU, KRISTINA GRIGAITE, ISABEL LARA MIRANDA, MATTIA MARCHIONNI

Implementation of the Macroeconomic Imbalance Procedure: State of play December 2020 EN

06-01-2021 PE 497.739 ECON
Išsami analizė
Santrauka : This note presents the EU Member States' situation with respect to the Macroeconomic Imbalance Procedure, taking into account recent assessments and decisions by the European Commission and the Council. It also gives an overview of relevant comments on the MIP published by EU institutions. A separate EGOV note describes the MIP procedure. This document is regularly updated.
Autoriai : Alice ZOPPÉ

The link between biodiversity loss and the increasing spread of zoonotic diseases EN

22-12-2020 PE 658.217 ENVI
Išsami analizė
Santrauka : Over the last decades, a variety of fatal infectious diseases have had zoonotic origins. The linkages between hosts, vectors, parasites and pathogens can be influenced by a multitude of factors, such as biodiversity, wildlife and land use. High levels of biodiversity may be a potential source of pathogen transmission, but biodiversity loss can also promote transmission by increasing the number of competent hosts for a pathogen. Biodiversity conservation reduces the risk of zoonotic diseases when it provides additional habitats for species and reduces the potential contact between wildlife, livestock and humans. Additionally, host and vector management is a viable option. Other crucial measures include the restriction and sanitary control of wildlife trade, while considering the needs of indigenous peoples and local communities. Each case requires an assessment of the best way to reduce risk while considering implications for other ecosystem functions or services. This document was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the committee on the Environment, Public Health and Food Safety (ENVI).
Autoriai : Frank VAN LANGEVELDE, Hugo René RIVERA MENDOZA

Research for REGI Committee-Climate Spending in EU Cohesion Policy: State of Play and Prospects EN

21-12-2020 PE 652.236 REGI
Briefing
Santrauka : With more than EUR 55 billion in planned investments, Cohesion Policy seeks to make a significant contribution to the EU´s overall climate-related spending target of 20% in the 2014-2020 period. There are concrete achievements in a number of areas such as flood and forest fire protection. However, evidence also suggests that Cohesion Policy is at risk of missing some of its targets, including on energy efficiency, renewables and greenhouse gas emissions. Cohesion policy has also continued to provide support to fossil fuels and biomass, which may hinder the EU’s long-term path to climate neutrality. Moreover, the Commission’s current approach to tracking climate-related expenditure in Cohesion Policy has shortcomings. There is a need for a transparent and meaningful methodology, with a stronger focus on performance and results, as repeatedly highlighted by Parliament. The climate spending target is set to increase to at least 30% under the EU’s next Multi-Annual Financial Framework (MFF) and the Recovery Instrument (Next Generation EU). In the period 2021-2027, Cohesion Policy is expected to place even more emphasis on climate and environment-related issues in line with the objectives of the European Green Deal.
Autoriai : Stephan Klaus DIETZEN

EU/EA measures to mitigate the economic, financial and social effects of coronavirus State-of-play 18 December 2020 EN

18-12-2020 PE 645.723 ECON
Išsami analizė
Santrauka : 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.
Autoriai : Kajus HAGELSTAM, Jost ANGERER, Marcel MAGNUS, Drazen RAKIC, CRISTINA SOFIA PACHECO DIAS, REBECCA SARAH FANNY SEGALL, KRISTINA GRIGAITE

Cash for development? The use of microcredits and cash transfers as development tools EN

17-12-2020 PE 653.624 DEVE
Tyrimas
Santrauka : Microcredits and cash transfers are two distinct tools, but they both target poor households and individuals with cash alike. This report provides details of the latest advances in these cash-for-development tools at a time when the EU is reshaping its development finance tools for the 2021-27 period. Through a literature review, our study provides the current state of knowledge on microcredits and cash transfers. It then considers current EU support for these modalities and assesses this support in light of the main findings and conclusions drawn from the literature. Research reveals much evidence confirming cash-for-development tools’ contributions to poverty reduction. Furthermore, it identifies a second layer of positive economic effects resulting from their use that can be of value when determining responses to the Covid-19 crisis. Moreover, even though microfinance and cash transfers have undergone exponential growth in recent decades, their use remains very limited at EU Institution level. The report recommends that a broader and more systematic use of cash-for-development tools should be explored by EU Institutions, albeit framed within broader programming and context analysis.
Autoriai : Aitor PEREZ, Nicolas AYENSA, Maricruz LACALLE

Horizon 2020: Geographical balance of beneficiaries EN

17-12-2020 PE 662.597 CONT
Briefing
Santrauka : This briefing explores the performance gap between EU-15 and EU-13 countries under Horizon 2020, the reasons for this gap and policy options at national and EU levels.
Autoriai : Michaela FRANKE

Gender and geographical balance in the governance structures of Horizon 2020 EN

17-12-2020 PE 662.997 CONT
Briefing
Santrauka : This briefing analyses gender and geographical balance in the governance structures of Horizon 2020.
Autoriai : Michaela FRANKE, LEONOR CASACA FRANCO

The Effectiveness of Conflict of Interest Policies in the EU- Member States EN

17-12-2020 PE 651.697 JURI
Tyrimas
Santrauka : This comparative study - commissioned by the European Parliament’s Policy Department for Citizens’ Rights and Constitutional Affairs - analyses the effectiveness of relevant rules, policies and practices within Member States regarding conflict of interest for top political appointment (Head of Government, Ministers and other high ranking officials). The research highlights the theoretical and practical aspects of the notion of conflict of interest, giving some policy recommendations
Autoriai : Christoph DEMMKE; Maros PAULINI; Jari AUTIONIEMI; Florian LENNER

Impact of state aid on competition and competitiveness during the COVID-19 pandemic: an early assessment EN

17-12-2020 PE 658.214 ECON
Tyrimas
Santrauka : This economic assessment of EU state aid principles and practises related to the COVID-19 pandemic confirms the clear focus on maintaining the level playing field in the EU single market. Future monitoring and policy fine-tuning, focusing on SMEs, and keeping all Member States involved are the main challenges. Moreover, current policies fail to incorporate a strong focus on broader, strategic policy goals like the green and digital transformation of the European economy or the enhancing of EU firms’ global competitiveness. 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).
Autoriai : Jan VAN HOVE

The European space sector as an enabler of EU strategic autonomy EN

16-12-2020 PE 653.620 SEDE
Išsami analizė
Santrauka : Today, the European Union can boast a degree of strategic autonomy in space. Projects such as Galileo have not only enhanced the EU’s economy, but they may confer on the Union the ability to amplify its Common Foreign and Security Policy and Common Security and Defence Policy. While the EU continues to promote the safe, secure and sustainable use of space, it is also true that space is rapidly becoming a political arena that hangs over geopolitical competition on earth. Space is crucial for EU security and defence. Yet the EU is at a cross-roads and it needs to develop ways to ensure that it maintains its strategic autonomy in space. Without strategic autonomy in space, there can be no strategic autonomy on earth. There is a need for the Union to invest in its space presence, push the technological frontier in space, ensure that its ground- and space-based critical infrastructure is protected, ensure that its industrial supply chains are resilient and utilise new initiatives in security and defence to further enhance the EU’s ability to act autonomously.
Autoriai : Daniel FIOTT

The impact of COVID-19 on the Internal Market and consumer protection - IMCO Webinar Proceedings (At A Glance - Study In Focus) EN

16-12-2020 PE 658.215 IMCO
Glaustai
Santrauka : This At A Glance summarises the presentations and discussions at the IMCO webinar that was held on 9 November 2020. The webinar on the impact of COVID-19 on the Internal Market and consumer protection was structured in two panels, each consisting of two presentations and two Q&A sessions. The first panel focused on the free movement of goods and people. The second panel was devoted to consumer protection and provision of services. This document was provided by the Policy Department for Economic, Scientific and Quality of Life Policies for the committee on Internal Market and Consumer Protection (IMCO).
Autoriai : Milieu Consulting SRL

RESEARCH FOR TRAN COMMITTEE: Sustainable and smart urban transport EN

16-12-2020 PE 652.211 TRAN
Tyrimas
Santrauka : This study aims to provide the European Parliament’s TRAN Committee with an overview on the state of play of sustainable and smart transport, including recent developments/trends, challenges and opportunities, solutions/good practices and recommendations for EU policy makers. It also considers some recent developments related to the impact of COVID-19.
Autoriai : Giacomo Lozzi, Edoardo Marcucci, Valerio Gatta, Maria Rodrigues, Tharsis Teoh, Carolina Ramos, Eline Jonkers

Webinar proceedings: Mental health during the COVID-19 pandemic EN

15-12-2020 PE 658.213 ENVI
Briefing
Santrauka : This briefing summarises presentations delivered by the invited experts during a remote webinar on "Mental health" organised on 10 November 2020 by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the ENVI committee.
Autoriai : MATTEO CIUCCI

When and how to deactivate the SGP general escape clause? EN

15-12-2020 PE 651.381 ECON
Išsami analizė
Santrauka : This paper analyses the conditions under which to lift the SGP general escape clause (GEC). It is advisable that the timing for lifting the GEC be Member State-specific and contingent to the Member State’s return to its pre-Covid-19 output gap or real GDP level. Medium-Term Budgetary Objectives should be redesigned to take into account the debt-to-GDP level and the interest rate-growth differential. Maintaining government debt yields at low levels after the pandemic would make debt reduction less costly in terms of output.
Autoriai : Luisa LAMBERTINI

Economic Dialogue with the other EU Institutions under the European Semester Cycles during the 9th legislative term State of play - September 2020 EN

14-12-2020 PE 624.436 ECON
Briefing
Santrauka : This document provides an overview of Economic Dialogues with the other institutions of the European Union that has taken place in the competent Committee of the European Parliament since September 2019 under the European Semester Cycles. It also includes an overview of the respective legal bases for these dialogues. For an overview Economic Dialogues between January 2014 and January 2019, please see separate document.
Autoriai : Kajus HAGELSTAM

When and How to Deactivate the SGP General Escape Clause? EN

11-12-2020 PE 651.376 ECON
Išsami analizė
Santrauka : Based on a brief assessment of the current EU fiscal framework, the paper discusses when and how fiscal surveillance should be enacted again, and investigates possible options for reform. The general escape clause should be lifted as soon as epidemiological conditions allow for economic activity to normalise, probably by 2022. We propose a transitory arrangement if the discussion on a broader reform of the fiscal framework remains inconclusive while the general escape clause is in force.
Autoriai : Klaus-Jürgen GERN Stefan KOOTHS Ulrich STOLZENBURG

Policy Departments’ Monthly Highlights - December 2020 EN

Glaustai
Santrauka : 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. regional development, cohesion policy, COVID19, WTO, budget control, budget, economy, international affairs, international law, Schengen governance, single market, European court of Auditors, energy.

Update on recent banking developments EN

09-12-2020 PE 659.624 ECON
Briefing
Santrauka : This briefing gives an update on and summarises recent events and developments in the Banking Union, based on publicly available information. It gives an overview of: 1) the Eurogroup agreement on the backstop to the Single Resolution Fund; 2) the 7th monitoring report on risk reduction indicators; 3) recent European Central Bank publications, namely the Financial Stability Review and guidance on climate- related and environmental risks; 4) recent Single Resolution Board publications, specifically its 2021 Work Programme and guidance on bank mergers and acquisitions; and 5) the EBA’s benchmarking exercise of national insolvency regimes.
Autoriai : Marcel MAGNUS, CRISTINA SOFIA PACHECO DIAS, REBECCA SARAH FANNY SEGALL, KRISTINA GRIGAITE

Study presentation proceedings: The Impact of Unfair Commercial Practices on Competition in the EU Passenger Transport Sector, in particular Air Transport EN

09-12-2020 PE 658.188 ECON
Išsami analizė
Santrauka : The study presented in the event aims at identifying and analysing the unfair commercial and trading practices in passenger air transport that not only are detrimental to consumers, but which can also distort competition in the Single Market. Moreover, the discussion during the event also covered competition and consumer protection aspects that arise in the context of the COVID-19 pandemic. These proceedings of the study presentation were prepared by the Policy Department for Economic, Scientific and Quality of Life Policies at the request the committee on Economic and Monetary Affairs (ECON).
Autoriai : RADOSTINA PARENTI, TIJMEN FERDINAND TUINSMA

Climate change and its impact on mental health EN

08-12-2020 PE 658.210 ENVI
Briefing
Santrauka : Climate change health impacts are experienced through direct and indirect pathways. These can take the form of an increase in the frequency and/or severity of extreme weather events such as heatwaves, droughts, floods, and storms which directly may impact health, resulting in heat-related mortality and morbidity, injury and trauma. Indirectly, climate change may impact health through loss of livelihoods, land and property and through interaction with environmental systems. This document was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the committee on Environment, Public Health and Food Safety.
Autoriai : Maria NILSSON

Single Resolution Board: Accountability arrangements (9th parliamentary term) EN

08-12-2020 PE 659.621 ECON
Briefing
Santrauka : This document provides an overview of public hearings and exchange of views with the Chair of the Single Resolution Board (SRB) in the ECON Committee since July 2019. It also provides an overview of all external papers requested by the ECON Committee by a standing panel of banking experts. Lastly, the annex contains an overview of the respective legal bases for these hearings as part of the accountability framework of the SRB. For an overview of public hearings during the 8th parliamentary term, please see here.
Autoriai : Marcel MAGNUS, CRISTINA SOFIA PACHECO DIAS, REBECCA SARAH FANNY SEGALL

Single Supervisory Mechanism: Accountability arrangements (9th parliamentary term) EN

08-12-2020 PE 659.623 ECON
Briefing
Santrauka : This document provides an overview of public hearings and exchange of views with the Chair of the European Central Bank (ECB) Supervisory Board in the ECON Committee since July 2019. It also provides an overview of all external papers requested by the ECON Committee by a standing panel of banking experts. Lastly, the annex contains an overview of the respective legal bases for these hearings as part of the accountability framework of the Single Supervisory Mechanism (SSM). For an overview of public hearings during the 8th parliamentary term, please see here.
Autoriai : Marcel MAGNUS, CRISTINA SOFIA PACHECO DIAS, REBECCA SARAH FANNY SEGALL

The impact of COVID-19 on the Internal Market and consumer protection - IMCO Webinar Proceedings EN

07-12-2020 PE 658.212 IMCO
Išsami analizė
Santrauka : These proceedings summarise the presentations and discussions that took place during the IMCO webinar held on 9 November 2020 on the impact of COVID-19 on the Internal Market and consumer protection. The webinar was structured in two panels, each consisting of two presentations and two Q&A sessions. The first panel focused on the free movement of goods and people. The second panel was devoted to consumer protection and provision of services. This document was provided by the Policy Department for Economic, Scientific and Quality of Life Policies for the committee on Internal Market and Consumer Protection (IMCO).
Autoriai : Caterina MARIOTTI, Agnieszka MARKOWSKA and Marta BALLESTEROS

Mapping Fake News and Disinformation in the Western Balkans and Identifying Ways to Effectively Counter Them EN

03-12-2020 PE 653.621 AFET
Tyrimas
Santrauka : Disinformation is an endemic and ubiquitous part of politics throughout the Western Balkans, without exception. A mapping of the disinformation and counter-disinformation landscapes in the region in the period from 2018 through 2020 reveals three key disinformation challenges: external challenges to EU credibility; disinformation related to the COVID-19 pandemic; and the impact of disinformation on elections and referenda. While foreign actors feature prominently – chiefly Russia, but also China, Turkey, and other countries in and near the region – the bulk of disinformation in the Western Balkans is produced and disseminated by domestic actors for domestic purposes. Further, disinformation (and information disorder more broadly) is a symptom of social and political disorder, rather than the cause. As a result, the European Union should focus on the role that it can play in bolstering the quality of democracy and governance in the Western Balkans, as the most powerful potential bulwark against disinformation.
Autoriai : Samuel GREENE, Gregory ASMOLOV, Adam FAGAN, Ofer FRIDMAN, Borjan GJUZELOV

The European Semester during the Pandemic EN

03-12-2020 PE 659.622 ECON
Briefing
Santrauka : Due to the pandemic, the European Semester for economic policy coordination will look rather different (in both form and substance) to what it was in previous cycles. This document provides an overview on how the various policy instruments comprised in the European Semester have been or are being implemented as part of the EU Recovery Plan, notably the interactions with the proposed Recovery and Resilience Facility.
Autoriai : Kajus HAGELSTAM, CRISTINA SOFIA PACHECO DIAS

Economic Dialogue with the European Commission on the 2021 European Semester Cycle EN

03-12-2020 PE 651.380 ECON
Išsami analizė
Santrauka : Vice-President Dombrovskis and Commissioners Schmit and Gentiloni have been invited to an Economic Dialogue to discuss the 2021 European Semester Cycle, in line with the relevant EU law. This briefing note covers the main elements of the 2021 European Semester Package proposed by the Commission. It gives an overview of the implementation of the previous Semester Cycles and of the on-going work to strengthen the governance and the resilience of Economic and Monetary Union.
Autoriai : Javier María VEGA BORDELL, Kajus HAGELSTAM, Alice ZOPPÉ, Jost ANGERER, OVIDIU IONUT TURCU, WOLFGANG LEHOFER, CRISTINA SOFIA PACHECO DIAS, REBECCA SARAH FANNY SEGALL, KRISTINA GRIGAITE, ISABEL LARA MIRANDA, MATTIA MARCHIONNI

Nuclear arms control regimes: state of play and perspectives EN

02-12-2020 PE 603.496 SEDE
Išsami analizė
Santrauka : The EU is facing important challenges in the arms control and disarmament domain: firstly, the gradual abandonment of bilateral agreements between the US and Russia that protected European territory, and secondly, an increasing polarisation among the parties to the Non-Proliferation Treaty (NPT), evidenced by the controversy sparked by the Treaty on the Prohibition of Nuclear Weapons (TPNW). Both developments combined weaken the arms control and disarmament regime, increasing the likelihood of a global nuclear arms race. While the EU has progressively enhanced its role in arms control, non-proliferation and disarmament, it is afflicted by the same cleavage over disarmament that characterises the NPT framework. Based on a review of the drivers of the current crisis and the options for addressing them, the present briefing illuminates the EU’s record, and identifies ways in which the European Parliament can support the nuclear arms control agenda despite its lack of formal competence in the field. These notably include developing a modus vivendi with the TPNW, and encouraging the Council to lay the groundwork for a multilateral arms control treaty system.
Autoriai : Clara PORTELA

Legal obstacles in Member States to Single Market rules (At A Glance - Study In Focus) EN

02-12-2020 PE 658.211 IMCO
Glaustai
Santrauka : This At A Glance summarises the key findings of the original study, which reviewed and analysed national rules that restrict the free movement of goods and services and the right to establishment across the EU Single Market. The study also analysed trends over time in national restrictions and offers recommendations on how they can be removed. 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).
Autoriai : Erik DAHLBERG et al.

Nominations for Members of the European Court of Auditors EN

02-12-2020 PE 662.379 BUDG CONT
Glaustai
Santrauka : On the occasion of the nomination of a new Polish member for the Court of Auditors, this briefing describes the national nomination process and the roles of EP and Council.
Autoriai : ANNA DEMBEK, Michaela FRANKE

Recommendation on the economic policy of the euro area - December 2020 EN

02-12-2020 PE 651.379 ECON
Išsami analizė
Santrauka : This note looks at the 2021 recommendation on the economic policies of the euro area proposed by the Commission. It also provides an overview of the follow up of the 2020 recommendations, making use of public information and based on proxies such as on how the Eurogroup has integrated euro area recommendations concerns in their “thematic discussions” and work programmes. In addition, the note provides a review of the euro area recommendations from an institutional perspective and includes broad comparisons to earlier recommendations, to illustrate how policy concerns have evolved over time. This is an update of similar note on the 2020 recommendations and it will be regularly updated.
Autoriai : CRISTINA SOFIA PACHECO DIAS, KRISTINA GRIGAITE, ISABEL LARA MIRANDA

Banking Union: ESMA report on Wirecard EN

01-12-2020 PE 659.619 ECON
Briefing
Santrauka : This briefing provides a summary of ESMA’s Fast-Track Peer-Review (FTPR), published on 3 November 2020. ESMA carried out an assessment of the effectiveness of the supervisory response in the financial reporting area by BaFin and FREP in the context of Wirecard AG fraud case.
Autoriai : Marcel MAGNUS, CRISTINA SOFIA PACHECO DIAS, REBECCA SARAH FANNY SEGALL, KRISTINA GRIGAITE

Climate change and its impact on food and nutrition security EN

30-11-2020 PE 658.209 ENVI
Briefing
Santrauka : There is mounting evidence for negative consequences of climate change on human health worldwide, from both direct and indirect effects, mediated by ecosystems and socioeconomic systems. The impacts are being experienced in the EU, and the effects of climate change on food systems are a critical part of the overall impacts on human and planetary health. This document was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the committee on Environment, Public Health and Food Safety.
Autoriai : Robin FEARS

End the cage age: Looking for alternatives EN

30-11-2020 PE 658.539 PETI
Tyrimas
Santrauka : This study, commissioned by the European Parliament’s Policy Department for Citizens’ Rights and Constitutional Affairs at the request of the PETI Committee, presents alternatives for cage housing of farm animals and laying hens and sows in particular. Cage-free housing has a positive effect on the behavioural freedom and welfare of animals. No major problems arise with regard to other aspects of sustainability. Research shows that cage-free housing is currently possible or will be in the future. A shift towards cage-free housing systems may be achieved by financial and policy measures in the short term and legislation in the long term.
Autoriai : JOHANNES HEEZEN

Proceedings of the workshop on Open spaces at EU institutions versus traditional work spaces: justification, evolution, evaluation and results EN

30-11-2020 PE 662.378 BUDG CONT
Tyrimas
Santrauka : The Budgetary Control Committee (CONT) organised the workshop on ‘Open spaces at EU institutions versus traditional work spaces: justification, evolution, evaluation and results’ on 29 October 2020. This document consists of the proceedings of the workshop, the briefing on ‘Open Plan Offices - The new ways of working’, biographies of the speakers and the PowerPoint slides of the presentations.
Autoriai : Alexandra Pouwels.

Precarious work from a gender and intersectionality perspective, and ways to combat it EN

30-11-2020 PE 662.491 FEMM
Tyrimas
Santrauka : This study, commissioned by the European Parliament’s Policy Department for Citizens’ Rights and Constitutional Affairs at the request of the FEMM Committee, explores the phenomenon of precarious work in the EU from a gender and intersectionality perspective. It finds that women, particularly young women, those with a migrant background and women with low levels of educational attainment, are especially vulnerable. This is a recurring trend across all of the Member States within the study’s scope. One of the key factors behind this is the disproportionate amount of time that women spend in caregiving roles and domestic work, something that is reinforced by COVID-19.
Autoriai : Camille FIADZO, Virginia DALLA POZZA, Laura TODARO (VVA); Claire DUPONT (Milieu); Kari HADJIVASSILIOU (The Tavistock Institute).

Research for CULT Committee - Shaping digital education policy EN

27-11-2020 PE 652.231 CULT
Glaustai
Santrauka : This research project assesses the Digital Education Action Plan published in 2018 in terms of organisational and content-related challenges. It outlines concrete recommendations on how an updated Digital Education Action Plan could mitigate the weaknesses of the current plan, through a more holistic vision of the digital transformation in education, a focus on quality infrastructure for digital education for all, the further empowerment of educators and the further development of ‘whole-school’ approaches to digital education.
Autoriai : Jacques LECARTE, PIERRE MARIE HERIARD

Webinar proceedings: An EU legal framework to halt and reverse deforestation EN

27-11-2020 PE 658.207 ENVI
Briefing
Santrauka : On Thursday, 10 September 2020, the Policy Department for Economic, Scientific and Quality of Life Policies organised at the request of the ENVI committee a remote webinar on "An EU legal framework to halt and reverse deforestation". This briefing summarises the presentations delivered by the invited experts.
Autoriai : MATTEO CIUCCI

The state of play of Schengen governance An assessment of the Schengen evaluation and monitoring mechanism in its first multiannual programme EN

27-11-2020 PE 658.699 LIBE
Tyrimas
Santrauka : This study, commissioned by the European Parliament’s Policy Department for Citizens’ Rights and Constitutional Affairs at the request of the LIBE Committee, assesses the operation and impact of the Schengen evaluation and monitoring mechanism in its first multiannual programme (2014-19), with the aim of identifying what has worked well and developing recommendations to strengthen it. The past decade has presented multiple controversies involving the governments of Schengen states as well as EU institutions, leading to a persistent state of apparent crisis. The ongoing “Schengen crisis” is rooted in political changes and in structural shortcomings of the Schengen regime. Despite these obstacles, the resilience of the Schengen system should not be underestimated.
Autoriai : Martin WAGNER & Caitlin KATSIAFICAS Josephine LIEBL Leila HADJ ABDOU & Lenka DRAŽANOVÁ Julien JEANDESBOZ

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

26-11-2020 PE 658.191 EMPL
Glaustai
Santrauka : This document, provided by Policy Department A for the Employment and Social Affairs Committee, presents key findings of the study examine the employment situation of parents with young children in the EU and specifically, the factors that affect parents’ return to the labour market.
Autoriai : Joanna HOFMAN et al.

No way back:Why the transatlantic future needs a stronger EU EN

25-11-2020 PE 653.619 AFET
Išsami analizė
Santrauka : There is no way back for transatlantic politics; in recent years it has suffered severe setbacks that cannot be undone. Although the Biden win promises opportunities for EU-US cooperation, the EU’s drive for strategic autonomy will not stop here. It is high time to look afresh at the very foundations of the transatlantic partnership, in light of not only the politics of today, but also the structural trends in the global balance of power and the lasting institutional ties between the two continents. Above all, the transatlantic future needs a stronger EU. For this to happen, the following issues should be given priority: i) dealing with an increasingly assertive China; ii) gaining more from transatlantic trade relations; iii) safeguarding the benefits of NATO and multilateral institutions like the WTO; iv) battling disinformation and other hybrid threats; and v) reinvigorating cooperation over climate change and global health. Because understanding of and trust in US intelligence and foreign policy positions has been eroded, a ‘thickening’ of transatlantic dialogue structures, including among elected representatives, should be pursued. This could include staff exchanges, track-two dialogues with think tanks and civil society, and an increased frequency of the Transatlantic Legislators Dialogue, possibly supplemented with more subordinate bodies on specific issues, such as dealing with China.
Autoriai : Louise VAN SCHAIK, Ties DAMS

Implementation of the Stability and Growth Pact under pandemic times EN

25-11-2020 PE 659.618 ECON
Briefing
Santrauka : This document provides an overview of key developments under the preventive and corrective arms of the Stability and Growth Pact on the basis of the latest Council decisions and recommendations in the framework of the Stability and Growth Pact and the latest European Commission economic forecast. This document is regularly updated.
Autoriai : Jost ANGERER, ISABEL LARA MIRANDA

When and how to deactivate the SGP general escape clause? EN

25-11-2020 PE 651.378 ECON
Išsami analizė
Santrauka : This paper provides a framework for considering when and how to deactivate the general escape clause of the Stability and Growth Pact (SGP). That framework takes into account the goals of the SGP, the desire to avoid pro-cyclical policy influences that might stifle Europe’s economic recovery, and the necessity not to endanger fiscal sustainability in the medium term. The framework also considers the variation in performance across countries and the indicators that might be used to map transitional arrangements.
Autoriai : Erik JONES

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
Glaustai
Santrauka : 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).
Autoriai : Albert MASSOT MARTI

The Proposed Minimum Wage Directive EN

24-11-2020 PE 658.208 EMPL
Glaustai
Santrauka : Following a two-stage consultation of social partners launched in February 2020, on 28 October, the European Commission published its proposal for a directive on adequate minimum wages in the European Union.
Autoriai : REGINA ANNA KONLE-SEIDL

Thematic Digest: “The role for the European Semester in the recovery plan” EN

24-11-2020 PE 659.615 ECON
Briefing
Santrauka : At the request of the ECON Committee, four papers were commissioned to external experts on the linkages between the Recovery and Resilience Facility (RRF) and the European Semester (ES), as well as on the role of the European Parliament in the the RRF. In particular, experts were asked to assess whether and how the ES constitutes a suitable governance framework for the recovery measures, notably on: •the identification of the EU priority areas; •the analysis, the adoptions and the monitoring of the national recovery plans; and •the performance of the European Parliament (EP) scrutiny and accountability role.
Autoriai : Alice ZOPPÉ, CRISTINA SOFIA PACHECO DIAS

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
Tyrimas
Santrauka : 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).
Autoriai : Albert MASSOT MARTI

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

23-11-2020 PE 652.226 TRAN
Tyrimas
Santrauka : 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.
Autoriai : CE Delft: Arno SCHROTEN, Anouk van GRINSVEN, Eric TOL, Louis LEESTEMAKER TNO: Peter-Paul SCHACKMANN, Diana VONK NOORDEGRAAF, Jaco van MEIJEREN, Sytze KALISVAART

Extraterritorial sanctions on trade and investments and European responses EN

20-11-2020 PE 653.618 INTA
Tyrimas
Santrauka : Recent US measures directed against Iran, Cuba and Russia (North Stream 2) have become indirectly a critical challenge for the European Union as well. As they purport to deter economic actors under EU jurisdiction from engaging with target countries, they have an important extraterritorial dimension, which affects EU business and individuals and ultimately the sovereignty of the EU and its Member States. A review of the existing sanction regimes and of the geopolitical context reveals that other international players and the PR China in particular may follow suit in using such measures. The study shows that extraterritorial sanctions have important economic implications, particularly for the EU and its vulnerabilities. Extraterritorial sanctions also raise critical questions as to their legality under general international law, WTO law and other specific international rules. The EU is especially affected by these measures and has taken some measures already in response. These could be improved and additional measures could be taken, as the policy recommendations set out.
Autoriai : Tobias STOLL, Steven BLOCKMANS, Jan HAGEMEJER, Christopher A. HARTWELL, Henner GÖTT, Kateryna KARUNSKA, Andreas MAURER

Policy Departments’ Monthly Highlights - November 2020 EN

Glaustai
Santrauka : 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
Santrauka : 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.
Autoriai : 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
Santrauka : 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.
Autoriai : Marcel MAGNUS, CRISTINA SOFIA PACHECO DIAS, REBECCA SARAH FANNY SEGALL, KRISTINA GRIGAITE, ISABEL LARA MIRANDA

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

18-11-2020 PE 542.675 ECON
Glaustai
Santrauka : Latest forcest by EC, IMF and OECD.
Autoriai : 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
Santrauka : 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.
Autoriai : Alice ZOPPÉ

Uncertainty and Monetary Policy in the Euro Area EN

18-11-2020 PE 658.196 ECON
Išsami analizė
Santrauka : 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.
Autoriai : Christophe BLOT, Paul HUBERT, Fabien LABONDANCE

The Euro Area After COVID-19 EN

18-11-2020 PE 658.197 ECON
Išsami analizė
Santrauka : 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.
Autoriai : Charles Wyplosz

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

18-11-2020 PE 658.198 ECON
Išsami analizė
Santrauka : 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.
Autoriai : Luigi BONATTI, Andrea FRACASSO, Roberto TAMBORINI

Uncertainty and the Pandemic Shocks EN

18-11-2020 PE 658.199 ECON
Išsami analizė
Santrauka : 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.
Autoriai : 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
Išsami analizė
Santrauka : 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.
Autoriai : 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
Išsami analizė
Santrauka : 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.
Autoriai : Maria DEMERTZIS, Marta DOMINGUEZ-JIMENEZ

Legal obstacles in Member States to Single Market rules EN

18-11-2020 PE 658.189 IMCO
Tyrimas
Santrauka : 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).
Autoriai : 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
Tyrimas
Santrauka : 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.
Autoriai : 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
Santrauka : 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.
Autoriai : 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
Santrauka : 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.
Autoriai : Jost ANGERER, ISABEL LARA MIRANDA

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

16-11-2020 PE 658.195 ECON
Išsami analizė
Santrauka : 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.
Autoriai : Karl Whelan

Blurred Boundaries Between Monetary and Fiscal Policy EN

16-11-2020 PE 658.194 ECON
Išsami analizė
Santrauka : 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.
Autoriai : 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
Glaustai
Santrauka : 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.
Autoriai : 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
Santrauka : 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.
Autoriai : 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
Santrauka : 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.
Autoriai : Hélène ROSSINOT