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Spending the EU budget efficiently and transparently is key to ensuring the sound implementation of EU policies and citizen support for the Union. However, the fragmentation of reporting systems used across the EU hampers the scrutiny of how spending is done. To address this situation, the European Parliament's Budgetary Control (CONT) Committee has drafted a legislative-initiative report asking the Commission to submit, before the end of 2021, the legislative proposals needed for the introduction ...

Revision of the Financial Regulation

Ve stručnosti 17-11-2021

In March 2021, the European Commission announced a legislative proposal to revise the EU Financial Regulation to align it with the 2021 2027 multiannual financial framework and Next Generation EU. In anticipation of the Commission's proposals, an own-initiative report by the relevant European Parliament committees clearly expresses expectations of a stronger Parliamentary role in the budgetary scrutiny of Next Generation EU funds, and the integration of the rule-of-law conditionality in the Financial ...

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 European Union has decentralised a number of functions, locating agencies across the European Union. The are many factors influencing the choice of the seat(s) of an agency, including the political aim to evenly distribute the agencies. However, the location of an agency has an impact on its capacity to perform its duties effectively and efficiently. This report analyses whether the agency locations fulfil the necessary criteria.

The Analytical Study suggests that the seven EU agencies in the health and safety field demonstrate strong European added value and that this is widely recognised by Member States and other stakeholders including business. The agencies have played an important role in the COVID-19 pandemic. More generally. the study concludes that the cost of ‘non-agencies’, i.e. a situation where the agencies ceased to exist, would be higher to the European Commission, national authorities and business than the ...

The Management Boards of the EU decentralised agencies have a key role in ensuring the agencies’ good governance. This study examines the established practices of the Management Boards. In particular, it assesses how effective and efficient the Boards’ working methods are and the main factors affecting their performance. The study investigates key governance issues including the size and composition of the Boards, the representation of different interests, the decision-making rules, the effectiveness ...

Next Generation EU Borrowing: a first assessment

Podrobná analýza 29-10-2021

The Next Generation EU programme is radically changing the way the EU finances itself and interacts with financial markets, due to its ambitious and groundbreaking new public debt programme. The European Commission has thus adopted a totally new, diversified borrowing strategy, similar to that of other major issuers, to raise money safely, reliably and in a cost-effective manner. EU debt therefore has to be attractive to financial markets and maintain a strong credit rating.

In April 2021, the European Parliament decided to postpone the decision on granting discharge to the European Council and Council for the 2019 budget, and presented a number of observations. Parliament’s Committee on Budgetary Control has examined the situation again, and, in its second report, recommends not granting discharge to these two institutions. The vote on the second discharge report is scheduled for the October II plenary session.

In April 2021, the European Parliament decided to postpone the decision on granting discharge to the European Border and Coast Guard Agency for the 2019 budget, and presented a number of observations. Parliament's Committee on Budgetary Control has examined the situation again and now, in its second report, recommends granting discharge. The Committee nevertheless recommends 'freezing' part of the Agency's budget, insisting on the need to move swiftly to address the issues that remain concerning ...

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.