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This paper provides a summary of recent economic, financial and budgetary decisions and developments following President Vladimir Putin’s decision of 24 February to start a military attack against Ukraine. It includes recent information relating to the EU sanctions regime, recent economic estimates, and policies supporting economic and financial resilience, including the coordination of national economic and fiscal measures. It also highlights policy recommendations made in the public domain to mitigate ...

India and food (in)security

En bref 25-07-2022

India, poised to become the most populous nation and the third-largest economy in the near future, faces major food security risks. In response, the country has sought to formulate a food security policy that also addresses climate change and the impact of Russia's war on Ukraine, while supporting its aspirations to be a major player in a multipolar world. Both the agricultural and farming issues India faces and the laws it adopts are relevant for global food security. India-EU relations, including ...

This document presents: • The 2022 CSRs adopted by the Council, in the framework of the European Semester, on 17 June 2022 and • The 2021 fiscal recommendations adopted by the Council on 18 June 2021, • The 2020 CSRs adopted by the Council, in the framework of the European Semester, on 20 July 2020, • The 2019 Country-Specific Recommendations (CSRs) adopted by the Council on 9 July 2019, • The European Commission’s assessments of the implementation of the 2019, 2020 and 2021 CSRs based on its ...

This paper provides a summary of recent economic, financial and budgetary decisions and developments following President Vladimir Putin’s decision of 24 February to start a military attack against Ukraine. It includes recent information relating to the EU sanctions regime, recent economic estimates, and policies supporting economic and financial resilience, including the coordination of national economic and fiscal measures. It also highlights policy recommendations made in the public domain to mitigate ...

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.

This briefing provides the European Parliament’s Committee on Transport and Tourism (TRAN) with an overview of the potential of sustainable fuels in transport in the context of the current Ukraine/Russia crisis. It assesses biofuel’s potential to quickly ramp up, the impact on LNG demand in the EU transport sector, and the potential use of gas pipelines repurposed for hydrogen.

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 version is an update on a version published in March 2022.

This note is prepared in view of a regular public hearing with the Chair of the Supervisory Board of the European Central Bank (ECB), Andrea Enria, which will take place on 30 June 2022. The briefing addresses: 1) latest developments regarding completion of the Banking Union, 2) excessive leverage, 3) the ECB’s Annual Report on supervisory activities 2021, 4) conduct risk, 5) a snapshot of the euro area banking sector one quarter after the start of the war in Ukraine, 6) statistics on loans subject ...

This paper provides a summary of recent economic, financial and budgetary decisions and developments following President Vladimir Putin’s decision of 24 February to start a military attack against Ukraine. It includes recent information relating to the EU sanctions regime, recent economic estimates, and policies supporting economic and financial resilience, including the coordination of national economic and fiscal measures. It also highlights policy recommendations made in the public domain to mitigate ...

The war in Ukraine, overlapping with the lingering effects of the COVID-19 pandemic, is causing a significant economic impact on the euro area economy. On the rise since mid-2021, annual headline inflation in the euro area surpassed 8% in May 2022. Previously driven mainly by increasing energy prices and supply chain bottlenecks, inflationary pressure is becoming more persistent and broad-based. The European Central Bank (ECB) is now facing a difficult challenge: commencing a monetary policy tightening ...