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This study, commissioned by the European Parliament’s Policy Department for Citizens’ Rights and Constitutional Affairs at the request of the LIBE Committee, provides an analysis of the distinctive features of racism, xenophobia and racial discrimination in the EU and selected EU Member States. It further examines various forms of racism, xenophobia and racial discrimination and their target groups and the impact of the COVID-19 pandemic. The study assesses anti-racism policies and legislation ...

On 24 February 2022, Russia launched an invasion of Ukraine. The war itself, as well as related sanctions and countersanctions are expected to have a significant impact on the euro area economy. This paper summarises the recent monetary policy decisions of the European Central Bank (ECB)'s Governing Council and outlines some policy issues and challenges that might arise in the context of the war, related to price stability, financial stability, climate and energy policies, ECB/Eurosystem staff projections ...

Economic dialogue with Ireland 11 May 2022

In-Depth Analysis 06-05-2022

This note presents selected information on the current status of the EU economic governance procedures and related relevant information in view of an Economic Dialogue with Pascal Donohoe, Minister of Finance of Ireland, in the ECON committee of the European Parliament. The invitation for a dialogue is in accordance with the EU economic governance framework.

The Monthly Highlights publication provides an overview, at a glance, of the on-going work of the policy departments, including a selection of the latest and forthcoming publications, and a list of future events.

The coronavirus crisis has demonstrated not only that the European Union faces a variety of risks, and that those disparate risks are inter-linked, but that the response to such challenges to the Union - even in areas in which the EU does not have explicit competence - is stronger with the Union and its Member States acting together. Russia's war on Ukraine, which was launched while this study was being drafted, shows us not just the added value of concerted action by the Union but also the ability ...

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 ...

The Monthly Highlights publication provides an overview, at a glance, of the on-going work of the policy departments, including a selection of the latest and forthcoming publications, and a list of future events.

SMEs will play a key role in the green transition, especially in improving the energy efficiency of housing. Innovative financing models in this sector would contribute towards achieving the ‘Fit for 55’ goals, as well as support the business environment of the SMEs that will implement a myriad of small energy improvement projects.