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State of the SMEs Union

Накратко 02-06-2021

During the June I 2021 plenary session, Parliament is due to hold a joint debate on the 'State of the SMEs Union' and on efforts to reduce the administrative burden on micro-, small and medium-sized businesses (SMEs), in the context of the recently updated Better Regulation agenda.

Lithium and cobalt (used in rechargeable batteries) and rare earth elements (used in wind turbines) are some of the critical raw materials (CRMs) – raw materials of critical importance – for the EU. Global demand for CRMs is rising, yet the export restrictions imposed by the resource-rich countries intensify the competition for these materials. To boost its access to CRMs, the EU has a dedicated strategy based on three pillars: two internal ones (increasing domestic sourcing and circularity) and ...

After many debates and statements of principle in recent years, the time for a more structured discussion on the future of Europe's development has arrived. The Conference on the Future of Europe, announced by the Commission's President Ursula von der Leyen in her inaugural address, is set to start after a long period of standstill owing not only to changed priorities brought by the coronavirus pandemic, but also to lengthy negotiations among the institutions. The aim of the conference is to debate ...

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 COVID-19 crisis has had a substantial impact on the EU27 economy and triggered unprecedented policy responses across Europe and the globe. With evidence on the effects on the EU industry manifested until the beginning of 2021, this report aims to address the following key issues: (1) impact of COVID-19 on the EU economy as a whole and across sectors; (2) impact on strategic value chains; and (3) necessary recovery measures to meet the needs of the EU industry. This document was provided by the ...

One year after the outbreak of the coronavirus pandemic, the fight against the virus will again top the agenda of the European Council meeting on 25-26 March 2021. EU leaders are expected to focus their discussions on ‘digital green certificates’ (providing proof of vaccination and/or Covid-19 test results) and progress on production, delivery and deployment of vaccines. They will work further on developing a common EU approach to the gradual lifting of restrictions and refer to global solidarity ...

Against the background of supply shortages with respect to medical products during the COVID-19 pandemic, and the shift in the international order towards geopolitical rivalry between the US and China, reshoring of production has become a topical issue in the recent EU policy debate. The study discusses economic and political justifications for reshoring with respect to security of supply concerns and the debate on the EU’s strategic autonomy. With reshoring pre-COVID-19 having remained an empirical ...

The pandemic has highlighted the risk involved, including for the EU, in relying heavily on external suppliers. The EU's 30 critical raw materials (CRMs) combine two characteristics: they are strategically important for its industry and economy, and there are high risks associated with securing their supply. The notion of strategic autonomy, which has been gaining track recently, calls for a more autonomous and independent EU policy, also in the area of CRMs. Importantly, the core of the EU's response ...

The COVID-19 recession is different from previous downturns because it originates in demand and supply disturbances which are highly specific to certain sectors (contact-intensive services). This sectoral nature renders aggregate demand policies, including monetary policy, much less effective. The PEPP was essential to prevent a financial crisis in the Spring of 2020; but there is no need to increase its size. In a sectoral recession, one should not expect much impact from central bank bond buying ...

At the special European Council meeting of 1-2 October 2020, postponed from 24-25 September, EU Heads of State or Government are expected to dedicate much of their time to external relations issues, notably to a strategic discussion on Turkey and a debate on relations with China. Continuing illegal Turkish drilling activities in the eastern Mediterranean have made the former more urgent, while the latter is long overdue. The European Council is also likely to adopt extensive conclusions regarding ...