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Appointment of Christine Lagarde as president of the European Central Bank

13-09-2019

During its September 2019 plenary sitting, the European Parliament is expected to vote on a resolution on the candidate (Christine Lagarde) for president of the European Central Bank (ECB). While it is the European Council that appoints the ECB president, it must first consult Parliament. Parliament's Economic and Monetary Affairs Committee (ECON) held a hearing with Christine Lagarde in September 2019 and then voted favourably on the candidacy. The ECB president is a key figure within the Eurosystem ...

During its September 2019 plenary sitting, the European Parliament is expected to vote on a resolution on the candidate (Christine Lagarde) for president of the European Central Bank (ECB). While it is the European Council that appoints the ECB president, it must first consult Parliament. Parliament's Economic and Monetary Affairs Committee (ECON) held a hearing with Christine Lagarde in September 2019 and then voted favourably on the candidacy. The ECB president is a key figure within the Eurosystem when setting monetary policy for the euro area.

Appointment of the President of the ECB

24-07-2019

During the September 2019 plenary sitting, the European Parliament is expected to vote on a resolution on the candidate (Christine Lagarde) for the position of President of the European Central Bank (ECB), to succeed Mario Draghi, whose term is due to end on 1 November 2019. The President is appointed by the European Council, while Parliament and the Bank’s Governing Council are consulted. Prior to the vote, the candidate will receive a series of questions for written answer, and be invited to a ...

During the September 2019 plenary sitting, the European Parliament is expected to vote on a resolution on the candidate (Christine Lagarde) for the position of President of the European Central Bank (ECB), to succeed Mario Draghi, whose term is due to end on 1 November 2019. The President is appointed by the European Council, while Parliament and the Bank’s Governing Council are consulted. Prior to the vote, the candidate will receive a series of questions for written answer, and be invited to a hearing before the Economic and Monetary Affairs Committee (ECON). The ECB President is a key figure within the Eurosystem when setting monetary policy for the euro area.

Einrichtung des Europäischen Währungsfonds

06-03-2019

Die Kommission legte am 6. Dezember 2017 einen Vorschlag vor, den zwischenstaatlichen Europäischen Stabilitätsmechanismus (ESM) im Rahmen des EU-Rechts in einen Europäischen Währungsfonds (EWF) umzuwandeln. Dadurch würde er zusätzliche Zuständigkeiten erhalten, und die Beschlussfassungsmechanismen würden grundlegend geändert, sodass den Mitgliedstaaten Befugnisse entzogen würden. Der Vorschlag stieß auf Ebene des Rates auf erheblichen Widerstand; auf dem Euro-Gipfel im Dezember 2018 wurde beschlossen ...

Die Kommission legte am 6. Dezember 2017 einen Vorschlag vor, den zwischenstaatlichen Europäischen Stabilitätsmechanismus (ESM) im Rahmen des EU-Rechts in einen Europäischen Währungsfonds (EWF) umzuwandeln. Dadurch würde er zusätzliche Zuständigkeiten erhalten, und die Beschlussfassungsmechanismen würden grundlegend geändert, sodass den Mitgliedstaaten Befugnisse entzogen würden. Der Vorschlag stieß auf Ebene des Rates auf erheblichen Widerstand; auf dem Euro-Gipfel im Dezember 2018 wurde beschlossen, den zwischenstaatlichen Charakter des ESM beizubehalten. Das Europäische Parlament wird voraussichtlich in der Plenartagung März I über einen Zwischenbericht abstimmen, damit es in Zukunft eine Abstimmung über die Zustimmung zu dem Vorschlag durchführen kann, sollte der Rat diesbezüglich eine Einigung erzielen.

Establishment of a European monetary fund (EMF)

06-03-2019

The European Commission's proposal for transforming the intergovernmental European Stability Mechanism (ESM) into a European monetary fund (EMF) under EU law would provide it with wide-ranging tasks. The ESM was created at the height of the European sovereign debt crisis in order to provide financial assistance for governments that had lost, or were about to lose, access to financial markets. It was established outside the Community framework by an intergovernmental treaty and is a permanent rescue ...

The European Commission's proposal for transforming the intergovernmental European Stability Mechanism (ESM) into a European monetary fund (EMF) under EU law would provide it with wide-ranging tasks. The ESM was created at the height of the European sovereign debt crisis in order to provide financial assistance for governments that had lost, or were about to lose, access to financial markets. It was established outside the Community framework by an intergovernmental treaty and is a permanent rescue mechanism aimed at safeguarding the financial stability of the euro area. The proposal met with considerable opposition at Council level, as the Council wishes to maintain the ESM's intergovernmental character, and would expand its remit only slightly. The European Parliament, whose legislative powers are limited within the consent procedure, will vote on an interim report in plenary.

European Investment Stabilisation Function (EISF)

10-01-2019

The idea behind the Commission's proposed European Investment Stabilisation Function is to use dedicated financial means from the EU budget to help Member States stabilise their economies in the event of a major asymmetric shock. The Commission would borrow on the financial markets and then lend to the country concerned, which would use the money to finance public investment. Once the crisis was over, the Member State would reimburse the debt. The Commission hopes the other Member States would agree ...

The idea behind the Commission's proposed European Investment Stabilisation Function is to use dedicated financial means from the EU budget to help Member States stabilise their economies in the event of a major asymmetric shock. The Commission would borrow on the financial markets and then lend to the country concerned, which would use the money to finance public investment. Once the crisis was over, the Member State would reimburse the debt. The Commission hopes the other Member States would agree to subsidise the interest payments incurred. The function would be limited to euro-area countries, but those that have entered the exchange rate mechanism II (ERM II) might also benefit. The lending would be quasi automatic once statistical data showed an exceptional and steep rise in unemployment. The dossier has met with considerable opposition at Council level.

Single digital gateway

19-12-2018

As part of the ‘compliance package’, the Commission intends to provide a single digital entry point to offer easy and efficient online access for businesses and citizens, comprising: (1) information about Union and national law and administrative requirements, (2) procedures, such as company registration, and (3) services providing assistance upon request. The portal would serve start-ups and growing companies, as well as helping companies conducting business in another country. Access to these services ...

As part of the ‘compliance package’, the Commission intends to provide a single digital entry point to offer easy and efficient online access for businesses and citizens, comprising: (1) information about Union and national law and administrative requirements, (2) procedures, such as company registration, and (3) services providing assistance upon request. The portal would serve start-ups and growing companies, as well as helping companies conducting business in another country. Access to these services would be non-discriminatory, i.e. citizens and businesses from other Member States would have full access to the information and services, and this not only in the language used in the country in which they want to do business. The proposal builds on several existing schemes, such as single points of entry at national level; these cover only a few fields, are not always interconnected, suffer from being little known and are therefore underutilised. In May 2018, trilogues concluded with a provisional agreement, which was then confirmed by both Parliament and Council. The final act was signed on 2 October 2018.

European defence industrial development programme (EDIDP)

28-09-2018

The European Union is facing new security threats amid growing uncertainty about the reliability of some of its allies. As a consequence, it has embarked on a general scalingup of its defence capabilities. A European defence action plan has been agreed and a European Defence Fund created to provide financial support, ranging from the research phase to the acquisition phase of military equipment and technologies. The EDIDP, which will be part of that fund, is destined to provide the European defence ...

The European Union is facing new security threats amid growing uncertainty about the reliability of some of its allies. As a consequence, it has embarked on a general scalingup of its defence capabilities. A European defence action plan has been agreed and a European Defence Fund created to provide financial support, ranging from the research phase to the acquisition phase of military equipment and technologies. The EDIDP, which will be part of that fund, is destined to provide the European defence industry with financial support during the development phase of new products and technologies in areas selected at European level. An agreement was reached in trilogue negotiations in May 2018, and after Parliament and Council had approved the deal, the final legislative act was signed on 18 July 2018. This programme, with a financial envelope of €500 million, is due to run from January 2019 to December 2020.

Zentrales digitales Zugangstor

05-09-2018

Das Europäische Parlament wird voraussichtlich auf der Plenartagung im September 2018 über den Legislativvorschlag für die Einrichtung des zentralen digitalen Zugangstors abstimmen. Auf diesem Wege soll für die Bürger und die Unternehmen in der EU eine zentrale Anlaufstelle im Internet geschaffen werden, über die sie eine Vielzahl von Informationen abrufen und Online-Verfahren umfassend und ohne Diskriminierung nutzen können. Zudem sollen die Arbeit von Dienstleistern erleichtert werden, die auf ...

Das Europäische Parlament wird voraussichtlich auf der Plenartagung im September 2018 über den Legislativvorschlag für die Einrichtung des zentralen digitalen Zugangstors abstimmen. Auf diesem Wege soll für die Bürger und die Unternehmen in der EU eine zentrale Anlaufstelle im Internet geschaffen werden, über die sie eine Vielzahl von Informationen abrufen und Online-Verfahren umfassend und ohne Diskriminierung nutzen können. Zudem sollen die Arbeit von Dienstleistern erleichtert werden, die auf Antrag Unterstützung bieten.

Europäisches Programm zur industriellen Entwicklung im Verteidigungsbereich (EDIDP)

27-06-2018

Angesichts der zunehmenden Bedrohung der Sicherheit und der schwindenden Verlässlichkeit einiger ihrer wichtigsten traditionellen Verbündeten ist die Europäische Union zu dem Schluss gekommen, dass es an der Zeit ist, ihre eigenen militärischen Fähigkeiten auszubauen. Es wurde ein Europäischer Verteidigungsfonds geschaffen, zu dessen Bestandteilen auch ein Europäisches Programm zur industriellen Verteidigung (European Defence Industrial Development Programme – EDIDP) zählen soll. Im Rahmen seiner ...

Angesichts der zunehmenden Bedrohung der Sicherheit und der schwindenden Verlässlichkeit einiger ihrer wichtigsten traditionellen Verbündeten ist die Europäische Union zu dem Schluss gekommen, dass es an der Zeit ist, ihre eigenen militärischen Fähigkeiten auszubauen. Es wurde ein Europäischer Verteidigungsfonds geschaffen, zu dessen Bestandteilen auch ein Europäisches Programm zur industriellen Verteidigung (European Defence Industrial Development Programme – EDIDP) zählen soll. Im Rahmen seiner Plenarsitzung im Juli 2018 soll das Europäische Parlament in erster Lesung über den Vorschlag zur Schaffung des EDIDP abstimmen. Mit dem Programm soll finanzielle Unterstützung während der Entwicklungsphase neuer Produkte und Technologien – d. h. der Phase zwischen der Forschung und dem Erwerb von Verteidigungssystemen – zur Verfügung gestellt werden.

WIFI4EU - Promotion of internet connectivity in local communities

10-11-2017

On 12 September 2017, the European Parliament voted to adopt a legislative act that aims at the promotion of very fast wireless internet access in local communities. This service will be provided free of charge to the public at large. The areas covered will encompass public administrations, libraries and hospitals, as well as outdoor spaces accessible to all. The aim is to increase accessibility to high-performance mobile internet, and to raise awareness of the benefits of such connectivity. Administrative ...

On 12 September 2017, the European Parliament voted to adopt a legislative act that aims at the promotion of very fast wireless internet access in local communities. This service will be provided free of charge to the public at large. The areas covered will encompass public administrations, libraries and hospitals, as well as outdoor spaces accessible to all. The aim is to increase accessibility to high-performance mobile internet, and to raise awareness of the benefits of such connectivity. Administrative procedures will be simplified and EU funds will be used to provide financial support to the establishment of such networks. This action comes within the framework of the digital single market, and is one of several legislative proposals announced on 14 September 2016 by the Commission, with its communication, ‘Connectivity for a competitive digital single market – Towards a European gigabit society’.

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