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Közzététel időpontja 19-07-2019

Pilot projects and preparatory actions in the annual EU budgetary procedure

19-07-2019

Pilot projects and preparatory actions (PP/PAs) are tools introduced in the European Union (EU) budget that aim at testing new policy initiatives and/or preparing the ground for the adoption of future measures. Such PP/PAs give Members of the European Parliament the possibility to initiate innovative policies and fund them in advance of a legal basis being set. Both new PP/PAs and those continued from previous years must be included in the EU budget through the annual budgetary procedure.

Pilot projects and preparatory actions (PP/PAs) are tools introduced in the European Union (EU) budget that aim at testing new policy initiatives and/or preparing the ground for the adoption of future measures. Such PP/PAs give Members of the European Parliament the possibility to initiate innovative policies and fund them in advance of a legal basis being set. Both new PP/PAs and those continued from previous years must be included in the EU budget through the annual budgetary procedure.

Annual EU budgetary procedure: An introduction to the steps in the EP

19-07-2019

The European Parliament (EP) and the Council are the budgetary authority of the European Union. The two institutions, assisted by the European Commission, decide on the budget in the annual EU budgetary procedure. The annual EU budget funds EU policies and programmes following the Union's political priorities and legal obligations. The financial year starts on 1 January and ends on 31 December. The European Parliament amends the Council position through the work of its Committee on Budgets (BUDG) ...

The European Parliament (EP) and the Council are the budgetary authority of the European Union. The two institutions, assisted by the European Commission, decide on the budget in the annual EU budgetary procedure. The annual EU budget funds EU policies and programmes following the Union's political priorities and legal obligations. The financial year starts on 1 January and ends on 31 December. The European Parliament amends the Council position through the work of its Committee on Budgets (BUDG) and the specialised parliamentary committees. The EP then adopts the Parliament's reading in plenary session. This briefing presents possible scenarios set in the EU Treaties for adoption or non-adoption of the annual budget. It explains differences between the Treaty calendar and the 'pragmatic calendar'. The key actors in establishing the Parliament's position are: the Committee on Budgets and EP specialised committees, in particular the BUDG chair, the annual budget rapporteurs and their shadows, BUDG coordinators and budget rapporteurs in specialised committees. An amendment to the Council's position is a tool enabling Members of the European Parliament to modify the annual budget draft. This briefing sketches the life cycle of such an amendment. The European Parliament and the Council work out an agreement on the annual budget through negotiations consisting of trilogue meetings and conciliation. Last but not least, this briefing explains what happens if there is no agreement on the EU annual budget.

Közzététel időpontja 18-07-2019

Plenary round-up – Strasbourg, July II 2019

18-07-2019

The main highlight of the July II plenary session was the election of Ursula von der Leyen as President of the European Commission. Other highlights included a statement by Viorica Dăncilă, Prime Minister of Romania, on the outcome of that country's Council presidency, and by Antti Rinne, Prime Minister of Finland on the priorities for the current Finnish Council Presidency. Parliament also debated statements by the Vice-President of the Commission/High Representative of the Union for Foreign Affairs ...

The main highlight of the July II plenary session was the election of Ursula von der Leyen as President of the European Commission. Other highlights included a statement by Viorica Dăncilă, Prime Minister of Romania, on the outcome of that country's Council presidency, and by Antti Rinne, Prime Minister of Finland on the priorities for the current Finnish Council Presidency. Parliament also debated statements by the Vice-President of the Commission/High Representative of the Union for Foreign Affairs and Security Policy on implementation of the EU Global Strategy, and the situation in Venezuela (also adopting a resolution), in the Persian Gulf and in Moldova. Debates were also held on Council and Commission statements on humanitarian assistance in the Mediterranean and clean air zones in EU cities. Members also decided on the numerical strength of the interparliamentary delegations.

Implementing the Bologna Process: The follow-up

18-07-2019

The Bologna Declaration marked the launch of the Bologna Process, which led to the formation of the European Higher Education Area (EHEA) in 2010. The process now brings together 48 European countries in a common effort to achieve compatible and comparable higher education systems. Participants face the challenge of making different systems more easily recognisable whilst respecting academic freedom and autonomy, as well as cultural and linguistic diversity.

The Bologna Declaration marked the launch of the Bologna Process, which led to the formation of the European Higher Education Area (EHEA) in 2010. The process now brings together 48 European countries in a common effort to achieve compatible and comparable higher education systems. Participants face the challenge of making different systems more easily recognisable whilst respecting academic freedom and autonomy, as well as cultural and linguistic diversity.

Banking Union: Completing the Single Rule Book

18-07-2019

This briefing provides an insight into where banking legislation stands in terms of providing a ‘single rule book’ for the purposes of supervising banks in the Banking Union It also identifies the key areas where further harmonisation would facilitate both supervision and resolution.

This briefing provides an insight into where banking legislation stands in terms of providing a ‘single rule book’ for the purposes of supervising banks in the Banking Union It also identifies the key areas where further harmonisation would facilitate both supervision and resolution.

Public hearing with Elke König, Chair of the Single Resolution Board, on the SRB Annual Report 2018 - ECON on 22 July 2019

18-07-2019

This note is prepared in view of a public hearing with the Chair of the Single Resolution Board (SRB), Elke König who will inter alia present the SRB 2018 Annual Report.

This note is prepared in view of a public hearing with the Chair of the Single Resolution Board (SRB), Elke König who will inter alia present the SRB 2018 Annual Report.

Banking Union: What next?

18-07-2019

This briefing summarises the key areas of possible regulatory initiatives with a view to further completing the Banking Union: (1) EDIS, (2) Further harmonisation of banking law (“single rule book’), (3) Home/host issues, (4) Resolution financing, (5) Further harmonisation of insolvency law, (6) safe assets and regulatory treatment of sovereign exposures and (7) AML supervision. These issues are further explained in additional thematic briefings.

This briefing summarises the key areas of possible regulatory initiatives with a view to further completing the Banking Union: (1) EDIS, (2) Further harmonisation of banking law (“single rule book’), (3) Home/host issues, (4) Resolution financing, (5) Further harmonisation of insolvency law, (6) safe assets and regulatory treatment of sovereign exposures and (7) AML supervision. These issues are further explained in additional thematic briefings.

European Central Bank appointments: Role of the European Parliament

15-07-2019

The European Parliament plays an important role in the appointment processes of two European Central Bank bodies: the Executive Board and the Supervisory Board (Chair and Vice-Chair). This paper aims to: a) provide an overview of the relevant procedural provisions, b) present a selection of past appointments; and c) describe the evolving role of the European Parliament in those procedures. This document was prepared by Policy Department A for the Economic and Monetary Affairs Committee.

The European Parliament plays an important role in the appointment processes of two European Central Bank bodies: the Executive Board and the Supervisory Board (Chair and Vice-Chair). This paper aims to: a) provide an overview of the relevant procedural provisions, b) present a selection of past appointments; and c) describe the evolving role of the European Parliament in those procedures. This document was prepared by Policy Department A for the Economic and Monetary Affairs Committee.

Közzététel időpontja 17-07-2019

An Effective Regime for Non-viable Banks: US Experience and Considerations for EU Reform

17-07-2019

For 85 years, the US regime for non-viable banks has maintained a high degree of stability and public confidence by protecting deposits, while working to minimize the public cost of that protection. With awareness of the difference in context, EU reformers can draw valuable insights from the US experience. On balance, a review of the US regime supports arguments in favour of harmonization and centralization of bank insolvency proceedings and deposit insurance in Europe’s banking union. A unitary ...

For 85 years, the US regime for non-viable banks has maintained a high degree of stability and public confidence by protecting deposits, while working to minimize the public cost of that protection. With awareness of the difference in context, EU reformers can draw valuable insights from the US experience. On balance, a review of the US regime supports arguments in favour of harmonization and centralization of bank insolvency proceedings and deposit insurance in Europe’s banking union. A unitary regime would improve on the current EU status quo along multiple dimensions: deposit protection, creditor rights, controlling moral hazard, predictability and operational effectiveness, transparency and accountability, and financial stability. It would help break the bank-sovereign vicious circle in the euro area. The US experience suggests that substantial improvements are achievable in a well-designed system of institutional checks and balances that learns and adapts over time.

Külső szerző

A.Gelpern, N.Véron

Research for REGI Committee –Cohesion policy: The European Parliament’s role since the Treaty of Lisbon

15-07-2019

This study assesses the role of the European Parliament in the field of cohesion policy since the Treaty of Lisbon introduced ‘co-decision’ procedure whereby Parliament and Council have equal powers in agreeing the regulations of the EU Structural and Investment Funds. In addition to the formal processes, the study also considers the informal ones from policy development at the pre-legislative stage to the interinstitutional negotiations as well as the Parliament’s scrutiny role over cohesion policy ...

This study assesses the role of the European Parliament in the field of cohesion policy since the Treaty of Lisbon introduced ‘co-decision’ procedure whereby Parliament and Council have equal powers in agreeing the regulations of the EU Structural and Investment Funds. In addition to the formal processes, the study also considers the informal ones from policy development at the pre-legislative stage to the interinstitutional negotiations as well as the Parliament’s scrutiny role over cohesion policy.

Külső szerző

Jürgen PUCHER, Haris MARTINOS, Serafin PAZOS-VIDAL, Jasmin HAIDER

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