Hae

Alignment of monetary and fiscal policies has proven to be decisive for the euro area's ability to withstand successive crises over the years. Today, the European Central Bank (ECB) continues its fight against inflation by implementing a monetary policy tightening unprecedented in pace and scale. At the same time, after allowing for some deviations from regular budgetary rules with the activation of the general escape clause in 2020, the EU is set to reapply its fiscal rules fully from 2024. In addition ...

As monetary policy continues to tighten and excess liquidity is gradually drained from the banking system, the European Central Bank (ECB) is confronted with a decision on which liquidity provision framework the Eurosystem should adopt going forward. Three papers were prepared by the ECON Committee’s Monetary Expert Panel, discussing the relative advantages and disadvantages of the ample reserves/floor system versus the scarce reserves/corridor system. This document was provided by the Economic ...

This research paper provides a comprehensive analysis of the impact of national tax measures implemented in response to the COVID-19 pandemic, with the aim of ensuring an appropriate assessment and providing policy recommendations to effectively address future crises. This document was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the Subcommittee on Tax Matters (FISC).

Dieses Dokument ist Teil einer Reihe von Studien, mit denen die Grundsätze der Gleichheit und der Nichtdiskriminierung in verschiedenen Staaten und internationalen Organisationen aus rechtsvergleichender Sicht dargestellt werden sollen. Die vorliegende Studie hat den Fall Italien zum Gegenstand, wobei anerkannt wird, wie wichtig die völkerrechtlichen und EU-rechtlichen Quellen für dieses Thema sind. Nach einem kurzen historischen Überblick werden die gesetzlichen Regelungen untersucht, die sich auf ...

This study is the first research paper in a series of three, prepared for a PECH Committee Workshop. It gives insight on the challenges and opportunities arisen from the application of the European Green Deal to European fisheries. It identifies solutions that are currently being applied regarding decarbonisation and circular economy practices in fisheries and observed strengths and weaknesses of the regulatory framework. It provides policy recommendations to move towards the decarbonisation of the ...

This analysis looks at the future of the EU and Ukraine, using a time horizon of 2035. It was launched in June 2022 as a Strategic Foresight Conversation, a few months after the Russian invasion of Ukraine on 24 February 2022. The ensuing war has drastically changed all aspects of life in Ukraine, affects the EU in many significant ways and shifted pre-war geopolitical and geo-economic paradigms. The European Council decision of 24 June 2022 to give candidate status to Ukraine and Moldova added to ...

This study, commissioned by the European Parliament’s Policy Department for Citizens’ Rights and Constitutional Affairs at the request of the AFCO Committee, examines the fiscal responses of the EU to the Covid-19 pandemic and the war in Ukraine. It claims that the law & policy tools developed to address these crises have led to the establishment, and consolidation, of an EU fiscal capacity – contributing to overcoming the original imbalance of the EU’s Economic & Monetary Union. Nevertheless, the ...

National parliaments' active participation in EU affairs and enhanced scrutiny of their national governments are instrumental in ensuring the democratic accountability and legitimacy of the EU institutional system. However, despite the inclusion of national parliaments in the text of the Treaties, their ability to impact EU affairs remains generally limited. Nevertheless, national parliaments are willing to play a more active role in EU affairs by being more closely involved in the substance of EU ...

This study addresses the expected impact of the EU’s Corporate Sustainable Due Diligence Directive (CS3D) on small and medium-sized enterprises (SMEs). It takes the German supply chain act (Lieferkettengesetz) as an example that may hold lessons for EU due diligence legislation. Against the background of a review of the existing literature on the impact of sustainability regulations, we conducted expert interviews with German business associations, German foreign chambers of commerce in emerging ...

This study provides an analysis of Strand 3, “Citizens’ engagement and participation”, of the Citizens, Equality, Rights and Values (CERV) programme. It analyses the early implementation of this programme Strand and provides a description of the barriers identified. The main finding is that the implementation has been successful overall, although several challenges should be addressed. The study concludes with a set of recommendations.