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Postitatud 11-06-2021

US: Economic indicators and trade with EU

11-06-2021

The US-EU trading relationship is one of the biggest in the world, even though the overall value of traded goods dropped in 2020 in the pandemic. The EU and US economies account for about half the entire world's GDP, and for nearly a third of world trade flows. The European Commission reported in 2016 that over 10 million European jobs depend on exports to the USA. This Infographic provides you with essential data on trade between the EU and US. This is a further updated edition of an infographic ...

The US-EU trading relationship is one of the biggest in the world, even though the overall value of traded goods dropped in 2020 in the pandemic. The EU and US economies account for about half the entire world's GDP, and for nearly a third of world trade flows. The European Commission reported in 2016 that over 10 million European jobs depend on exports to the USA. This Infographic provides you with essential data on trade between the EU and US. This is a further updated edition of an infographic, the last edition of which was published in October 2019.

World Day Against Child Labour

11-06-2021

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 focus is on the 2021 International Year for the Elimination of Child Labour. It is also an opportunity to consider measures taken at international and EU level.

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 focus is on the 2021 International Year for the Elimination of Child Labour. It is also an opportunity to consider measures taken at international and EU level.

Plenary round-up - June I 2021

11-06-2021

The June I 2021 plenary session took place in Strasbourg once more (although still in hybrid form), some 15 months after the previous session was held there, with coronavirus-containment measures restricting the Parliament's activity throughout that period. A number of important debates took place, including on European Council and European Commission statements on the conclusions of the special meeting of the European Council on 24 and 25 May 2021, and on preparation for the G7 and EU-US Summits ...

The June I 2021 plenary session took place in Strasbourg once more (although still in hybrid form), some 15 months after the previous session was held there, with coronavirus-containment measures restricting the Parliament's activity throughout that period. A number of important debates took place, including on European Council and European Commission statements on the conclusions of the special meeting of the European Council on 24 and 25 May 2021, and on preparation for the G7 and EU-US Summits. Members also debated the state of play on implementation of the Own Resources roadmap and Parliament's scrutiny of the Commission and Council assessments of the national recovery and resilience plans. Debates were also held on the rule of law situation in the European Union, including the application of the conditionality regulation. Members discussed the follow-up to the Porto Social Summit, as well as the situation of women in politics. Debate was held on systematic repression in Belarus and its consequences for European security in the light of Belarus' interception of a civilian plane. The High Representative of the Union for Foreign Affairs and Security Policy/Vice-President of the Commission, Josep Borrell, made statements on the situation in Afghanistan and in Cuba. Parliament also voted on the proposed EU biodiversity strategy for 2030, and on amendments to information systems required for operation of the European Travel Information and Authorisation System. In a formal ceremony, Parliament awarded the annual Lux Audience Award to a Romanian documentary, Collective, directed by Alexander Nanau.

Asylum in the EU: Facts and Figures

11-06-2021

Asylum is a form of international protection given by a state on its territory to someone who is threatened by persecution on grounds of race, religion, nationality, membership of a particular group or political opinion in their country of origin or residence. This infographic provides an overview of the number of third-country nationals seeking asylum in EU Member States, their success in asylum procedures, and requests for transfers between Member States, as a consequence of the Dublin Regulation ...

Asylum is a form of international protection given by a state on its territory to someone who is threatened by persecution on grounds of race, religion, nationality, membership of a particular group or political opinion in their country of origin or residence. This infographic provides an overview of the number of third-country nationals seeking asylum in EU Member States, their success in asylum procedures, and requests for transfers between Member States, as a consequence of the Dublin Regulation.

Exchange of views with Commissioner Elisa Ferreira on the implementation of the Technical Support Instrument

11-06-2021

Ahead of BUDG-ECON exchange of views with Commissioner Ferreira, on 14 June, this note provides a brief overview on the 2021 annual workplan, ongoing and finalised projects and some other elements of the Technical Support Instrument.

Ahead of BUDG-ECON exchange of views with Commissioner Ferreira, on 14 June, this note provides a brief overview on the 2021 annual workplan, ongoing and finalised projects and some other elements of the Technical Support Instrument.

Implementation of the Stability and Growth Pact under pandemic times

10-06-2021

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 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.

The main building blocks of the Recovery and Resilience Facility

11-06-2021

This note presents the main features of the Recovery and Resilience Facility relevant for scrutiny by the European Parliament, namely its financing; the Recovery and Resilience Plans and the framework for their assessment; and EU level governance of the RRF, in terms of both its implementation and monitoring and oversight . It also highlights the changes the Facility is bringing to the European Semester.

This note presents the main features of the Recovery and Resilience Facility relevant for scrutiny by the European Parliament, namely its financing; the Recovery and Resilience Plans and the framework for their assessment; and EU level governance of the RRF, in terms of both its implementation and monitoring and oversight . It also highlights the changes the Facility is bringing to the European Semester.

Animal welfare on the farm - ex-post evaluation of the EU legislation: Prospects for animal welfare labelling at EU level - European Implementation Assessment

11-06-2021

The European Union (EU) has a long history of regulating the welfare of farmed animals. Currently, the 'on-farm' aspects of animal welfare (AW) are regulated by five directives adopted by the Council of the EU. The European Parliament is scrutinising the implementation of the EU legislation through a dedicated report (with the Agriculture and Rural Development Committee (AGRI) taking the lead and the Environment, Public Health and Food Safety Committee (ENVI) giving its opinion). This European Implementation ...

The European Union (EU) has a long history of regulating the welfare of farmed animals. Currently, the 'on-farm' aspects of animal welfare (AW) are regulated by five directives adopted by the Council of the EU. The European Parliament is scrutinising the implementation of the EU legislation through a dedicated report (with the Agriculture and Rural Development Committee (AGRI) taking the lead and the Environment, Public Health and Food Safety Committee (ENVI) giving its opinion). This European Implementation Assessment (EIA), aimed at providing evidence in support of the committees' work on the report, shows that the implementation of the EU acquis has been challenging. Based on a large data collection programme, it presents findings on the implementation of the EU legislation against the standard criteria for ex-post evaluation, namely relevance, effectiveness, efficiency, coherence and EU added value. The EIA also maps and assesses AW labelling systems operating across the EU in terms of their design (including their scientific substantiation), regulatory status and functioning (including their effectiveness, efficiency and transparency). Furthermore, the paper analyses the prospects for a possible introduction of AW labelling at EU level.

Country-Specific Recommendations for 2019, 2020 and 2021

11-06-2021

This document presents: • The 2019 Country-Specific Recommendations (CSRs) adopted by the Council in the framework of the European Semester on 9 July 2019 (on the basis of European Commission proposals of 5 June 2019). • The European Commission’s assessments of the implementation of the 2019 CSRs based on its Country Reports published on 26 February 2020. • The 2020 CSRs adopted by the Council in the framework of the European Semester on 20 July 2020 (on the basis of European Commission proposals ...

This document presents: • The 2019 Country-Specific Recommendations (CSRs) adopted by the Council in the framework of the European Semester on 9 July 2019 (on the basis of European Commission proposals of 5 June 2019). • The European Commission’s assessments of the implementation of the 2019 CSRs based on its Country Reports published on 26 February 2020. • The 2020 CSRs adopted by the Council in the framework of the European Semester on 20 July 2020 (on the basis of European Commission proposals of 20 May 2020). • The 2021 fiscal recommendations (recommendations for Council opinions on the 2021 Stability and Convergence Programmes) proposed by the European Commission on 2 June 2021 and to be adopted by the Council in July. During the 2021 Semester Cycle, exceptionally, due to the preparations and adoptions of the Recovery and Resilience Plans under the Recovery and Resilience Facility, there will be no further Country Specific Recommendations (CSRs) under the European Semester.

US Macroeconomic Policy Response to COVID-19: Spillovers to the Euro Area

08-06-2021

The United States (US) have responded to the COVID-19 shock with a massive fiscal stimulus in 2020 and 2021. At the same time, the Federal Reserve (Fed) has maintained a highly accommodative monetary policy stance. However, the Fed’s new average inflation targeting regime is being put to the test by the spike in inflation observed in recent months. Due to the global influence of the US economy and interlinkages with the euro area, questions arise over the possibility of significant spillovers from ...

The United States (US) have responded to the COVID-19 shock with a massive fiscal stimulus in 2020 and 2021. At the same time, the Federal Reserve (Fed) has maintained a highly accommodative monetary policy stance. However, the Fed’s new average inflation targeting regime is being put to the test by the spike in inflation observed in recent months. Due to the global influence of the US economy and interlinkages with the euro area, questions arise over the possibility of significant spillovers from these US policy measures. Five papers were prepared by the ECON Committee’s Monetary Expert Panel, looking into the channels of Transatlantic fiscal and monetary policy spillovers and their significance in the current context. This publication is provided by Policy Department A for the Committee on Economic and Monetary Affairs (ECON), ahead of the Monetary Dialogue with ECB President Lagarde on 21 June 2021.

Parlamendiväline autor

Pierre L. SIKLOS, Karl WHELAN, Luigi BONATTI, Andrea FRACASSO, Roberto TAMBORINI, Christophe BLOT, Caroline BOZOU, Jérôme CREEL, Charles WYPLOSZ

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