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Outcome of the European Council video-conference of 25 February 2021

26-02-2021

For the tenth time since the outbreak of the coronavirus crisis, the European Council met by video-conference, however this time in two separate sessions. The first, on 25 February, dealing with the ongoing coronavirus pandemic and ways of increasing the EU’s health resilience, is covered in this paper, while the second, the following morning, addressed security and defence as well as the southern neighbourhood, and is covered by a separate paper. Regarding the pandemic, EU leaders called for acceleration ...

For the tenth time since the outbreak of the coronavirus crisis, the European Council met by video-conference, however this time in two separate sessions. The first, on 25 February, dealing with the ongoing coronavirus pandemic and ways of increasing the EU’s health resilience, is covered in this paper, while the second, the following morning, addressed security and defence as well as the southern neighbourhood, and is covered by a separate paper. Regarding the pandemic, EU leaders called for acceleration in the authorisation, production and distribution of vaccines, reiterated their solidarity with third countries, and acknowledged that non-essential travel still needed to be restricted while ensuring the unhindered flow of goods and services within the single market. To strengthen the EU’s resilience to future health emergencies, EU leaders will seek to improve coordination to ensure better prevention, preparedness and response. However, further EU integration in health policy was excluded, with the conclusions stressing that these actions should be carried out ‘in line with the Union competences under the Treaties’. EU leaders also called on the Commission to draw up a report on the lessons learned from this crisis, to take forward the work on the European health union, and underlined the need for a global approach, including an international treaty on pandemics.

The Financial Stability Board (FSB). An overview of the work for 2020

20-11-2020

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.

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.

G20 Summit of November 2020: Great expectations despite boycott calls

19-11-2020

On 21-22 November, under Saudi Arabia's presidency, the G20 will hold its first regular summit in a virtual format. Unavoidably the focus will be on the current crisis, more specifically on protecting lives and livelihoods and restoring growth. Given the crucial role it played in tackling the 2008-2009 financial crisis, hopes are high regarding the G20's potential role in proposing a financial and economic solution to deal with the ongoing downturn. Several major G20 members have invested massive ...

On 21-22 November, under Saudi Arabia's presidency, the G20 will hold its first regular summit in a virtual format. Unavoidably the focus will be on the current crisis, more specifically on protecting lives and livelihoods and restoring growth. Given the crucial role it played in tackling the 2008-2009 financial crisis, hopes are high regarding the G20's potential role in proposing a financial and economic solution to deal with the ongoing downturn. Several major G20 members have invested massive amounts of money to keep their economies afloat, in line with the decision of the extraordinary G20 summit held in the spring, but the depth of the current crisis requires additional action. Some critics have argued that the G20 is not up to its perceived role. The lack of US leadership in particular has been seen as an obstacle preventing the group from living up to its full potential. One of the crucial measures adopted by the G20 has been to freeze the official debt payments of developing countries, with the measure recently being extended. Many voices consider that this will not be enough to avoid state defaults however. Saudi Arabia, the first Arab country to hold the presidency, has been eager to use the opportunity provided by its G20 presidency to showcase its ambitious internal reform programme and its economic potential. The Saudis' leadership of the G20 in these times of turmoil has not escaped criticism, first of all because of the perceived inconsistency between stated objectives at G20 level and internal reality in the country, but also because of the role the country played in the oil price crash of 2020. Given the dire human rights situation in Saudi Arabia and in its fighting in Yemen, calls for a boycott of the summit have been multiplying. The European Parliament has suggested that the EU should downgrade its presence at the summit.

Global and regional governance: Initial response to the COVID-19 pandemic

01-04-2020

On 11 March 2020, the World Health Organization declared the spread of COVID-19 to be a pandemic, confirming the global impact of the disease. Across the world, regional and global international organisations are stepping up coordination to confront the medical crisis and mitigate its effects on economies, societies and individuals.

On 11 March 2020, the World Health Organization declared the spread of COVID-19 to be a pandemic, confirming the global impact of the disease. Across the world, regional and global international organisations are stepping up coordination to confront the medical crisis and mitigate its effects on economies, societies and individuals.

The G20 Summit in Buenos Aires

29-11-2018

On 30 November and 1 December 2018, Argentina hosts the 13th Group of Twenty (G20) summit. This is the first time that a G20 summit is being hosted by a South American country, coinciding with the 10th anniversary of the consolidation of the G20 at leader level following the 2008 summit in Washington. Main challenges will include achieving consensus on climate and trade, with US-China relations being a decisive factor in the latter.

On 30 November and 1 December 2018, Argentina hosts the 13th Group of Twenty (G20) summit. This is the first time that a G20 summit is being hosted by a South American country, coinciding with the 10th anniversary of the consolidation of the G20 at leader level following the 2008 summit in Washington. Main challenges will include achieving consensus on climate and trade, with US-China relations being a decisive factor in the latter.

The G20 Summit in Hamburg: Key issues

05-07-2017

On 7-8 July 2017, the 12th Summit of Heads of State or Government of the Group of Twenty (G20) will take place in Hamburg, Germany. Besides traditional G20 issues, with an emphasis on financial regulation, the focus is on climate and trade protectionism in light of policies recently adopted by the USA.

On 7-8 July 2017, the 12th Summit of Heads of State or Government of the Group of Twenty (G20) will take place in Hamburg, Germany. Besides traditional G20 issues, with an emphasis on financial regulation, the focus is on climate and trade protectionism in light of policies recently adopted by the USA.

The future of multilateralism: Crisis or opportunity?

10-05-2017

Multilateralism lies at the core of the EU’s identity and of its engagement with the world. Both the 2003 European Security Strategy and the 2016 Global Strategy emphasised the importance of a rules-based global order with multilateralism as its key principle and the United Nations (UN) at its core, and made its promotion part of the EU’s strategic goals. Yet, in spite of widespread acknowledgement of the achievements of the multilateral international order established after the Second World War, ...

Multilateralism lies at the core of the EU’s identity and of its engagement with the world. Both the 2003 European Security Strategy and the 2016 Global Strategy emphasised the importance of a rules-based global order with multilateralism as its key principle and the United Nations (UN) at its core, and made its promotion part of the EU’s strategic goals. Yet, in spite of widespread acknowledgement of the achievements of the multilateral international order established after the Second World War, and in particular of the attainment of long-lasting peace, multilateral institutions and the liberal international order in which they are embedded have recently been the subject of severe criticism. The rise of populist nationalism has been interpreted, among other things, as a crisis in support for the multilateral order. Some of the causes of this crisis are related to the emergence of new actors in the global scene, the expansive nature of multilateral institutions, the widening gap between publics and international institutions and the decline of American power. The election of Donald Trump, who had repeatedly questioned the value of multilateral organisations such as the UN, North Atlantic Treaty Organization (NATO) and the World Trade Organization (WTO), has led to even greater preoccupation about the future of global governance. In this scenario, several scholars suggest that the EU and the G20 should be proactive in safeguarding multilateralism, while acknowledging and promoting the necessary reforms to the architecture of global governance.

Kommende begivenheder

21-09-2021
EPRS online Book Talk with David Harley: Inside the room - Shaping Europe, 1992-2010
Anden begivenhed -
EPRS
21-09-2021
Putting the 'e' in e-health
Workshop -
STOA
27-09-2021
Turning the tide on cancer: the national parliaments' view on Europe's Cancer Plan
Anden begivenhed -
BECA

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