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Solidarity and wealth tax

Briefing 13-04-2022

In the wake of the COVID-19 pandemic, the economic costs of the lockdown became apparent. Most countries needed to step up health and social spending, while also introducing stimulus packages as their tax revenues fell. This has led to increased budget deficits and sovereign debt. Additional revenue streams need to be found in the near future in order to pay back this debt.

The European Council in 2020

Study 04-04-2022

The onset of the coronavirus pandemic in early 2020 affected the work of the European Council in many ways. One was operational. The European Council switched in March from in-person meetings to video-conferencing. During the year, the European Council held eight video-conferences and met five times in person. Meeting via video-conference, notably in March-April, during the first wave of the pandemic, and in October-November, during the second wave, allowed the European Council to apply itself immediately ...

The negative impact of the Covid-19 crisis on women's social and economic situation triggered a debate on the urgent need for a gender-sensitive policy response to the pandemic. In this context, the establishment of the Recovery and Resilience Facility (RRF) – the EU's biggest financial instrument supporting recovery in the Member States – is an opportunity to channel extraordinary resources toward measures that take into account the principles of gender equality. It is also a chance to put into ...

This study, commissioned by the European Parliament's Policy Department for Citizens' Rights and Constitutional Affairs at the request of the AFCO Committee, analyses the obstacles to democratic, transparent and efficient decision-making in urgency situations at the EU level, with a specific focus on the European Parliament. It provides a systematic overview of Parliament’s role and functions as well as the interinstitutional cooperation during recent crisis situations and concludes with proposals ...

Russia's war on Ukraine and the linked issue of energy security constituted the clear focus of the European Council meeting held on 24 25 March 2022. The meeting included a joint session with the President of the United States of America, Joe Biden, and it formed part of a trilogy of summit meetings in Brussels (NATO, G7 and EU) demonstrating Western unity in support of Ukraine and in response to President Vladimir Putin's unacceptable violation of international law. The main outcomes of the meeting ...

Inflation has reached the highest level in decades in the European Union, United States and many other countries, with the Ukraine conflict adding upward pressure on prices of energy and food. The Russian invasion has intensified the already near-record growth of consumer prices resulting from the coronavirus pandemic and broken supply-chains. The war has sharply curbed supply of energy, wheat and other products from Russia and Ukraine, their major producers. The countries' exports look set to dwindle ...

On 24-25 March 2022, EU Heads of State or Government will meet for the third time in five weeks. In the presence of the United States President, Joe Biden, they will discuss developments in and support for Ukraine, in the context of the unprovoked Russian invasion of the country. Building on their Versailles Declaration of 10-11 March, EU leaders will take further steps aimed at strengthening European sovereignty in the field of security, defence and energy security. As regards security and defence ...

This study examines the value added by the Recovery and Resilience Facility (RRF) funding in four specific countries: Estonia, Hungary, Poland, and Romania. Focusing on each country’s national plans for utilising the funding, we identify where national plans may have generated value added and where additional work is needed to make RRF funding more effective.

In the face of the Covid-19 pandemic, 'nobody is safe until everybody is safe'. On this basis, the EU, along with the World Health Organization (WHO) and other public and private partners, set up a global initiative to facilitate the development, production and global distribution of Covid-19 vaccines. COVAX was initially designed to pool funds and vaccine doses in order to ensure an equitable distribution between all participating economies until all of them – higher- and lower-income alike – reached ...

This report reviews the existing scientific evidence regarding the mental health of different population groups amid the Covid 19 pandemic in the European Union (EU) and its influential factors. Since the beginning of the pandemic, there has been extensive research on the psychosocial and mental health consequences, showing negative effects especially in the general population compared to before. On the other hand, there is also evidence of resilient responses as the pandemic progressed – that is ...