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Citizenship and residence by investment schemes allow third-country nationals to obtain residence or citizenship in a host country in exchange for a financial contribution. In the European Union (EU), at least 130 000 persons have taken advantage of such schemes, which have generated over €21.8 billion in revenue for the countries concerned. This European added value assessment (EAVA) reviews the key issues raised by investment schemes and the possible legal bases on which the EU could act to address ...

The European Union's energy system is on a path of transformation that should allow it to achieve a net-zero emissions target by 2050. However, there are many challenges ahead and achieving this target requires making profound structural changes. In this context, the present report, drafted at the request of the European Parliament's Committee on Industry, Research and Energy (ITRE), looks at what the consequences would be if the EU does not take further ambitious and united action in the transformation ...

The rules governing the monitoring and reporting obligations of EU funding programmes under shared management have been developing progressively over time. Across the EU, there are over 290 different reporting systems. Fragmentation makes data incomparable, prevents the use of AI and big data sets and systems for monitoring and control, and prevents stakeholders and society from getting a comprehensive overview of the way funds are distributed. This European added value assessment accompanies the ...

This study analyses the gaps and challenges in the EU corporate income tax (CIT) legislation, and evaluate the European Added Value (EAV) of potential policy options to address these challenges. A thorough comparative economic analysis is made of the EAV of a series of scenarios, based upon the policy options identified. The results confirm that complexity remains by far the greatest factor behind both the CIT gap and the high level of compliance costs for businesses. Insufficient transparency, lack ...

Member States have agreed that the definitive VAT reform in the EU should proceed only if it can be demonstrated that its impact on reducing the VAT gap is substantial and if the burden on businesses is also reduced. This study analyses these issues in detail, with a view to identifying possible challenges for the EU and on evaluating the European Added Value (EAV) of potential policy options to address these challenges. The study also includes a thorough comparative economic analysis of the EAV ...

Governments and policymakers around the world are increasingly stress testing policies to get ‘ahead of the curve’ and to be better equipped in response to plausible futures that may include disruptive events. This EAVA in Action provides an introduction to stress testing and how it could support the work of the European Parliament. The use of stress testing could add value at all stages of the EU legislative cycle and complement existing regulatory policy tools such as ex-ante assessment and ex-post ...

The transatlantic relationship has been witnessing a significant injection of renewed enthusiasm and policy activity since Joe Biden became President of the United States in January 2021. This paper focuses on three important issues on the rapidly evolving transatlantic policy agenda, exploring their potential for generating, in effect, new 'common global goods' during the Biden presidency. First, it looks at pathways towards developing some kind of 'transatlantic green deal', taking climate action ...

The European Green Deal aims to make the European Union climate-neutral by 2050, a target supported by all EU institutions. With this objective, the EU takes a leading role in addressing the global climate emergency. Achieving the climate-neutrality goal requires massive investment and an unprecedented transformation of all sectors of the economy. This study explains the physical basis of climate change and highlights its expected impacts on the EU. To give an overview of EU and international climate ...

A responsible TPLF regulatory framework should aim at lowering costs, simplifying unnecessary procedures, increasing the predictability of costs, and delivering efficient services at costs that are proportionate to the amounts in dispute. We explored additional effective safeguards and a number of policy options regarding the contractual, ethical and procedural aspects of TPLF. We then estimated the European added value (EAV) for two alternatives, namely a moderate and a strong regulatory approach ...

The ongoing structural transformation and the rapid spread of the technologies of the fourth industrial revolution are challenging current democratic institutions and their established forms of governance and regulation. At the same time, these changes offer vast opportunities to enhance, strengthen and expand the existing democratic framework to reflect a more complex and interdependent world. This process has already begun in many democratic societies but further progress is needed. Examining these ...