Rechercher

This briefing examines the European Commission’s proposal to recalibrate the EU securitisation framework within the broader context of the Savings and Investments Union (SIU). It explains how securitisation operates, why the European market remains structurally smaller than that of other major jurisdictions, and how the post-crisis regulatory architecture has shaped current market dynamics. The paper analyses the 2025 European Commission’s reform proposals to the Securitisation Regulation, the Capital ...

This briefing considers the relevance of neobanks for the Banking Union by discussing the nature of the phenomenon, its size and development so far and its prospects going forward. It also considers the benefits of neobanks along with possible challenges they pose for supervision and resolution, and for the institutional set-up of the Banking Union.

In this issue: ECB keeps key rates unchanged for the fifth consecutive time; ECB enhances repo lines for other central banks to support global liquidity and monetary policy transmission; Fed holds policy rates steady; Trade tensions have eased in the recent months; More than half of MPEP members consider the ECB’s monetary policy stance as appropriate, while around quarter find it slightly restrictive; Special focus on food inflation and labour market developments in the euro area

The European Investment Bank (EIB), part of the European Investment Bank Group (EIB Group) - which also includes the European Investment Fund, plays a central role in advancing the European Union’s investment agenda, combining substantial financing capacity with close strategic alignment to EU policy objectives. In 2025, the EIB Group achieved record levels of financing (EUR 100 billion of new financing), with particularly strong performance in climate action, energy security and economic, social ...

On 20 November 2025, the Commission published a package of two legislative proposals aimed at enhancing supplementary and personal pensions. The initiative comes at a time when ageing populations are putting increased pressure on state-based pension systems for future generations, and the EU's priorities, namely the green and digital transitions, defence and innovation, require significant private investment. Channelling citizens' savings into supplementary pensions would mitigate both issues simultaneously ...

The European Union's competitiveness and prosperity depends on an optimal allocation of resources, particularly savings, within the single market, yet EU capital markets remain fragmented. EU rules are mostly set out through directives, leaving Member States' supervisory authorities latitude in their interpretation and application of the rules. Therefore, although rules are enacted at EU level, the resulting uneven supervisory environment is considered a major cause of fragmentation of EU capital ...

La Banque européenne d’investissement (BEI) est l’institution de financement de l’Union européenne, détenue par les États membres. Elle offre des prêts, des garanties et des conseils pour soutenir des projets qui promeuvent les objectifs de l’Union, tels que la lutte contre le changement climatique, le développement de régions moins prospères, l’appui aux petites entreprises et la construction d’infrastructures. Elle lève la majeure partie de ses fonds en empruntant sur les marchés internationaux ...

This study examines housing needs across the EU, focusing on inequalities in affordability, accessibility, and quality. It provides a mapping of the current housing needs in the EU across territories, including across Member States, rural and urban areas, outermost regions, and islands and across population groups. The study analyses key factors affecting housing demand and supply challenges, and the impacts of housing scarcity on health, education and employment. It also reviews how EU legislation ...

Le présent document est le résumé de l'étude, réalisée à la demande de la commission spéciale HOUS, qui vise à cartographier les besoins en matière de logement dans l'Union, à évaluer les conséquences de la pénurie et à fournir une vue d'ensemble de la législation européenne pertinente. L'étude complète, disponible en anglais, peut être téléchargée à l'adresse suivante: https://bit.ly/48zwECf.