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Public financing of enterprises, which has been on the rise globally, can have a distortive effect on competitive markets. In response to this trend, in May 2021 the European Commission published a proposal for a regulation to tackle foreign subsidies with a distortive effect on the EU single market. It would enable the Commission to investigate subsidies granted by non-EU public authorities to companies operating on the single market, and to apply countervailing measures, should these subsidies ...

World Day Against Child Labour

At a Glance 10-06-2022

The International Labour Organization (ILO) introduced the World Day Against Child Labour in 2002, as part of their efforts to eradicate this unacceptable phenomenon. The day is observed annually on 12 June, and this year the theme is 'Universal Social Protection to End Child Labour'. It is also an opportunity to consider measures taken at international and EU level. This is an update of an 'At a glance' note published in June 2021.

The current EU rules provide to haulage companies the possibility to use hired vehicles, but also allow Member States to restrict this. As part of the 2017 road transport mobility package, the European Commission proposed to soften the existing restrictions and establish a uniform regulatory framework, which would give transport operators across the EU equal access to the market for hired goods vehicles. As co-legislators, the European Parliament and the Council have agreed new rules in October 2021 ...

The Roma are Europe's largest ethnic minority. Out of an estimated total of 10 to12 million Roma in Europe as a whole, some 6 million live in the European Union (EU), most of whom are citizens of an EU Member State. A significant number of Roma people live in very poor socio-economic conditions. The social exclusion, discrimination and segregation they face are mutually reinforcing. Their restricted access to education, and difficulties in entering the labour market, result in low income and poor ...

Strengthening Europol's mandate

Briefing 23-03-2022

On 9 December 2020, along with its counter-terrorism agenda, the European Commission adopted a proposal for a regulation to reinforce the mandate of Europol, the EU law enforcement cooperation agency. The proposed regulation aims principally at rendering Europol's cooperation with private parties more effective; responding to the agency's 'big data challenge', by providing a legal basis for processing large and complex datasets, including personal data of data subjects not related to a crime; and ...

This paper aims to support the scrutiny of the national Recovery and Resilience Plans and its implementation by providing an overview of EU stakeholders, other relevant institutions and bodies’ assessments/opinions related to these plans, including specific monitoring activities by think tanks and civil society organisations. Furthermore, it includes a summary of the Commission assessments of the overall involvement of stakeholders in the recovery and resilience plans. The paper will be regularly ...

Central banks attach great importance to inflation expectations. Households’ and firms’ expectations about the future path of inflation affect wage and price setting as well as consumption and investment decisions. Financial market participants’ expectations are relevant because they influence financial prices and financing conditions. Inflation expectations “anchored” around the inflation target are seen as a pre-condition for maintaining price stability and credibility of the central bank. Starting ...

As part of the preparation of the EU budget for 2021-2027, the European Commission put forward a new set of regulations to shape the future EU Common Agricultural Policy (CAP) on 1 June 2018. The proposal for a regulation on the financing, management and monitoring of the CAP provides the legislative framework for adapting the financing, management and monitoring rules to a new CAP delivery model. This seeks to achieve more subsidiarity and simplification, with greater responsibility given to Member ...

This document provides an overview of key developments under the preventive and corrective arms of the Stability and Growth Pact on the basis of the latest Commission and Council decisions and recommendations in the framework of the Stability and Growth Pact and the latest European Commission economic forecasts. This document is regularly updated.

This paper provides an overview of current initiatives and actions aiming at reinforcing the anti-money laundering (AML) supervisory and regulatory framework in the EU, in particular from a Banking Union perspective. This briefing first outlines the EU framework for fighting money laundering, which includes legislation (most notably the 5th AML Directive) and a number of Commission and Council Action Plans. Secondly, an overview of AML prevention relevant authorities, at both the EU and national ...