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Covid-19 Newsletter 2: Exit strategy

03-07-2020

As EU Member States embark on a cautious de-confinement path, the economy slides into recession and the question of the proportionality of public health-related measures and their economic consequences is increasingly present in the public debate. As long as a vaccine (or an effective treatment) for the Covid-19 disease is not found and deployed, post-Covid-19 societies will have to coexist with the virus, and find an equilibrium between the social constraints resulting from health protecting measures ...

As EU Member States embark on a cautious de-confinement path, the economy slides into recession and the question of the proportionality of public health-related measures and their economic consequences is increasingly present in the public debate. As long as a vaccine (or an effective treatment) for the Covid-19 disease is not found and deployed, post-Covid-19 societies will have to coexist with the virus, and find an equilibrium between the social constraints resulting from health protecting measures and the need to mitigate as much as possible a huge economic shock, which if not addressed adequately, could have unpredictable social and political consequences. The Covid-19 crisis has shown above all the importance of joint European action. Although public health is primarily the competence of the Member States, the European Parliament has called on the Commission and the Member States to act together and to rise to the challenge and ensure that the Union emerges stronger from this crisis. In particular, a differentiated but coordinated post-lockdown approach in the EU should be ensured, in order to avoid a resurgence of the virus. The present Covid-19 Newsletter focuses on the de-confinement strategies and EU measures to support the economic recovery. An update of ongoing Covid-19 related expertise work for the ECON, EMPL, ENVI, ITRE and IMCO committees is provided at the end of this document.

New EU rules on labelling of tyres

26-06-2020

On 17 May 2018, the European Commission adopted a proposal for a new regulation on the labelling of tyres for the purposes of fuel efficiency, safety, and noise reduction. This would replace the 2009 Tyre Labelling Regulation (TLR), while maintaining and reinforcing most of its key provisions. The new regulation seeks to increase consumer awareness of the tyre label, and improve market surveillance and enforcement of TLR provisions across the EU Member States. Suppliers would be obliged to display ...

On 17 May 2018, the European Commission adopted a proposal for a new regulation on the labelling of tyres for the purposes of fuel efficiency, safety, and noise reduction. This would replace the 2009 Tyre Labelling Regulation (TLR), while maintaining and reinforcing most of its key provisions. The new regulation seeks to increase consumer awareness of the tyre label, and improve market surveillance and enforcement of TLR provisions across the EU Member States. Suppliers would be obliged to display the tyre label in all forms of purchase, including where the tyre is not physically shown in the store and where it is sold online or on a long-distance basis. Whereas the tyre label is currently applicable to passenger and light-duty vehicles, in future it would also apply to heavy-duty vehicles. The new label would include visual information on tyre performance in snow or ice conditions, and could be adjusted by means of delegated acts to include information on mileage, abrasion or re-studded tyres. Tyre labels would be included in the new European Product Database for Energy Labelling before any sale on the EU market. On 13 November 2019, successful trilogue negotiations resulted in a provisional agreement on the content of the new regulation. The legal text was finalised and the new TLR was formally adopted by the Council and Parliament in 2020 and published in the Official Journal of the EU on 5 June 2020. Its provisions become applicable from 1 May 2021.

Key issues in the European Council: State of play in June 2020

17-06-2020

This EPRS publication, 'Key issues in the European Council', is updated quarterly to coincide with European Council meetings. It aims to provide an overview of the institution’s activities on major EU issues, by analysing twelve broad policy areas, explaining the legal and political background and the main priorities and orientations defined by the European Council in each field. It also assesses the results of European Council involvement in these policy areas to date, and identifies future challenges ...

This EPRS publication, 'Key issues in the European Council', is updated quarterly to coincide with European Council meetings. It aims to provide an overview of the institution’s activities on major EU issues, by analysing twelve broad policy areas, explaining the legal and political background and the main priorities and orientations defined by the European Council in each field. It also assesses the results of European Council involvement in these policy areas to date, and identifies future challenges in the various policy fields.

COVID-19: List of the measures taken in relation to the ITRE remit - March-April 2020

12-05-2020

This briefing summarises the recent measures taken by the European Commission on matters within the remit of the Committee on Industry, Research and Energy in response to the urgent and ongoing COVID-19 crisis, while referencing relevant parts of the resolution of the European Parliament of 17 April 2020 on EU coordinated action to combat the COVID-19 pandemic and its consequences.

This briefing summarises the recent measures taken by the European Commission on matters within the remit of the Committee on Industry, Research and Energy in response to the urgent and ongoing COVID-19 crisis, while referencing relevant parts of the resolution of the European Parliament of 17 April 2020 on EU coordinated action to combat the COVID-19 pandemic and its consequences.

Coronavirus and the cost of non-Europe: An analysis of the economic benefits of common European action

11-05-2020

This EPRS paper focuses on the economic benefits of common action at European level and the risk involved if the current coronavirus crisis and its aftermath were to stall or reverse the process of European integration. It attempts to quantify the losses from: (i) any gradual dismantling of the EU project - where cautious estimates suggest that erosion of the EU single market alone would cost the European economy between 3.0 and 8.7 per cent of its collective GDP (this would be existing 'European ...

This EPRS paper focuses on the economic benefits of common action at European level and the risk involved if the current coronavirus crisis and its aftermath were to stall or reverse the process of European integration. It attempts to quantify the losses from: (i) any gradual dismantling of the EU project - where cautious estimates suggest that erosion of the EU single market alone would cost the European economy between 3.0 and 8.7 per cent of its collective GDP (this would be existing 'European added value' permanently lost); and (ii) a parallel failure to take advantage of the unexploited potential of collective public goods that have yet be achieved (this would be future GDP growth foregone). The latter 'cost of non-Europe' in 50 policy areas was identified by EPRS in 2019 as around 14 per cent of EU GDP by the end of a ten-year running-in period.

Study in focus: The Green Deal’s growth, financial and regulatory challenges

08-05-2020

The aim of this study is to critically assess the proposed Green Deal’s growth, financing and regulatory challenges. The study discusses the need for a strong narrative and coordination. It examines the key growth drivers of the Green Deal and the green investment gap, the optimal mix of taxation and command-and-control measures, trade and competition policy and the implications for macroprudential supervision. This document was provided by the Policy Department for Economic, Scientific and Quality ...

The aim of this study is to critically assess the proposed Green Deal’s growth, financing and regulatory challenges. The study discusses the need for a strong narrative and coordination. It examines the key growth drivers of the Green Deal and the green investment gap, the optimal mix of taxation and command-and-control measures, trade and competition policy and the implications for macroprudential supervision. 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.

Ekstern forfatter

Karel Volckaert

Covid-19 Newsletter 1

22-04-2020

In its resolution of 17 April 2020, the European Parliament called on the Commission and the Member States to act together and to ensure that the European Union will emerge stronger from the COVID-19 crisis. This newsletter on COVID-19 aims to keep the ECON, EMPL, ENVI, ITRE and IMCO committees updated about the main EU recent developments and responses to the current crisis.

In its resolution of 17 April 2020, the European Parliament called on the Commission and the Member States to act together and to ensure that the European Union will emerge stronger from the COVID-19 crisis. This newsletter on COVID-19 aims to keep the ECON, EMPL, ENVI, ITRE and IMCO committees updated about the main EU recent developments and responses to the current crisis.

Roadmap for Reallocation: A critical assessment of the Green Deal’s growth, financing and regulatory challenges

15-04-2020

The aim of this study is to critically assess the proposed Green Deal’s growth, financing and regulatory challenges. The study discusses the need for extended Shared Socio-economic Pathways. It examines the key growth drivers of the Green Deal and the green investment gap, the optimal mix of taxation and command-and-control measures, trade and competition policy and the implications for macroprudential supervision. This document was provided by Policy Department A at the request of the Committee ...

The aim of this study is to critically assess the proposed Green Deal’s growth, financing and regulatory challenges. The study discusses the need for extended Shared Socio-economic Pathways. It examines the key growth drivers of the Green Deal and the green investment gap, the optimal mix of taxation and command-and-control measures, trade and competition policy and the implications for macroprudential supervision. This document was provided by Policy Department A at the request of the Committee on Economic and Monetary Affairs.

Ekstern forfatter

Karel Volckaert

Impact of coronavirus on energy markets

14-04-2020

The coronavirus pandemic (COVID-19) has had a strong impact on global energy markets, contributing to a collapse in the oil price as well as lower prices for other fossil fuels. Global shutdowns of economic activity have led to sharply reduced energy consumption and lower greenhouse gas (GHG) emissions. In the short term, coronavirus will negatively affect new energy investments in all sectors, including renewables needed for the clean energy transition. The longer term impact is more uncertain and ...

The coronavirus pandemic (COVID-19) has had a strong impact on global energy markets, contributing to a collapse in the oil price as well as lower prices for other fossil fuels. Global shutdowns of economic activity have led to sharply reduced energy consumption and lower greenhouse gas (GHG) emissions. In the short term, coronavirus will negatively affect new energy investments in all sectors, including renewables needed for the clean energy transition. The longer term impact is more uncertain and very much hinges on the nature and speed of the economic recovery, as well as the differing responses of global policy-makers to this challenge.

Key issues in the European Council - State of play in March 2020

26-03-2020

This EPRS publication, 'Key issues in the European Council', which will be updated quarterly to coincide with European Council meetings, aims to provide an overview of the institution’s activities on major EU issues. It analyses twelve broad policy areas, explaining the legal and political background and the main priorities and orientations defined by the European Council.

This EPRS publication, 'Key issues in the European Council', which will be updated quarterly to coincide with European Council meetings, aims to provide an overview of the institution’s activities on major EU issues. It analyses twelve broad policy areas, explaining the legal and political background and the main priorities and orientations defined by the European Council.

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