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Economic Dialogue with the other EU Institutions under the European Semester Cycles during the 9th legislative term State of play - March 2021

04-03-2021

This document provides an overview of Economic Dialogues with the other institutions of the European Union that has taken place in the competent Committee(s) of the European Parliament since September 2019 under the European Semester Cycles. It also includes an overview of the respective legal bases for these dialogues. For an overview Economic Dialogues between January 2014 and January 2019, please see separate document. For an overview of Economic Dialogues with EU Member States, please see separate ...

This document provides an overview of Economic Dialogues with the other institutions of the European Union that has taken place in the competent Committee(s) of the European Parliament since September 2019 under the European Semester Cycles. It also includes an overview of the respective legal bases for these dialogues. For an overview Economic Dialogues between January 2014 and January 2019, please see separate document. For an overview of Economic Dialogues with EU Member States, please see separate document.

Economic dialogue with the President of the Eurogroup

22-01-2021

Paschal Donohoe has been invited to his first Economic Dialogue in the ECON Committee since his election as President of the Eurogroup in July 2020. The previous dialogue with Mário Centeno took place on 21 April 2020. The exchange of views with Members of the ECON Committee will cover the ongoing work of the Eurogroup, notably short term policy measures intended to combat the economic, financial and social consequences of COVID-19, medium term policies to support a sustainable recovery and increase ...

Paschal Donohoe has been invited to his first Economic Dialogue in the ECON Committee since his election as President of the Eurogroup in July 2020. The previous dialogue with Mário Centeno took place on 21 April 2020. The exchange of views with Members of the ECON Committee will cover the ongoing work of the Eurogroup, notably short term policy measures intended to combat the economic, financial and social consequences of COVID-19, medium term policies to support a sustainable recovery and increase resilience of the Euro Area and longer term objectives relating to the robustness of the EMU governance framework, including completing the Banking Union. This briefing covers the following issues: the Eurogroup work programme until June 2021 (Section 1); Economic situation and developments (Section 2); the Recovery and Resilience Facility and the 2021 European Semester Cycle (Section 3); EU/EA policy measures taken to mitigate the economic effects of the pandemic (Section 4); Financial assistance programmes and reform of European Stability Mechanism (Section 5) and Banking Union developments (Section 6). For an overview of the role of the President of the Eurogroup, please see Briefing: The role (and accountability) of the President of the Eurogroup.

Sustainable Development Goals in EU regions

15-12-2020

The Sustainable Development Goals were established in 2015 as part of the United Nations (UN) 2030 Agenda for Sustainable Development. The signatories adopted a policy framework with 17 goals, addressing such issues as poverty, hunger, health and wellbeing, education, gender equality, environment and climate, strong institutions, peace and justice. Sustainable development aims at balancing social, economic and environmental aspects, seeing them as interconnected. The European Union (EU) has contributed ...

The Sustainable Development Goals were established in 2015 as part of the United Nations (UN) 2030 Agenda for Sustainable Development. The signatories adopted a policy framework with 17 goals, addressing such issues as poverty, hunger, health and wellbeing, education, gender equality, environment and climate, strong institutions, peace and justice. Sustainable development aims at balancing social, economic and environmental aspects, seeing them as interconnected. The European Union (EU) has contributed to creating the Sustainable Development Goals (SDGs) and takes action to implement them. It has committed to deliver on the 2030 Agenda through its internal and external policies, as outlined in the 'Towards a Sustainable Europe by 2030' reflection paper, the European Green Deal, the European Commission's political priorities and its work programme. EU Member States prepare Voluntary National Reviews, in line with UN guidelines. Eurostat publishes annual monitoring reports showing EU progress on implementing the goals through a set of indicators adapted to the European context. Since 2019, the SDGs are included in the European Semester. The Sustainable Development Goals also have a regional dimension, sometimes called 'localisation'. Achieving around 65 % of the targets is estimated to require local and regional authority participation. Numerous regions and cities, including in the EU, have expressed support for the SDGs and many have integrated them in their policy frameworks. Efforts to localise the SDGs are ongoing and regional achievements are featured in the national reviews presented at international conferences. Monitoring SDGs at the regional level can thus help support the overall implementation of the SDGs, reinforce national efforts, support regional development strategies, and provide a broader picture of within-country trends. The European Parliament has expressed its support for an EU sustainable development strategy and enhanced involvement of regional, local and civil society stakeholders in SDG implementation.

The European Semester during the Pandemic

03-12-2020

Due to the pandemic, the European Semester for economic policy coordination will look rather different (in both form and substance) to what it was in previous cycles. This document provides an overview on how the various policy instruments comprised in the European Semester have been or are being implemented as part of the EU Recovery Plan, notably the interactions with the proposed Recovery and Resilience Facility.

Due to the pandemic, the European Semester for economic policy coordination will look rather different (in both form and substance) to what it was in previous cycles. This document provides an overview on how the various policy instruments comprised in the European Semester have been or are being implemented as part of the EU Recovery Plan, notably the interactions with the proposed Recovery and Resilience Facility.

Economic Dialogue with the European Commission on the 2021 European Semester Cycle

03-12-2020

Vice-President Dombrovskis and Commissioners Schmit and Gentiloni have been invited to an Economic Dialogue to discuss the 2021 European Semester Cycle, in line with the relevant EU law. This briefing note covers the main elements of the 2021 European Semester Package proposed by the Commission. It gives an overview of the implementation of the previous Semester Cycles and of the on-going work to strengthen the governance and the resilience of Economic and Monetary Union.

Vice-President Dombrovskis and Commissioners Schmit and Gentiloni have been invited to an Economic Dialogue to discuss the 2021 European Semester Cycle, in line with the relevant EU law. This briefing note covers the main elements of the 2021 European Semester Package proposed by the Commission. It gives an overview of the implementation of the previous Semester Cycles and of the on-going work to strengthen the governance and the resilience of Economic and Monetary Union.

Thematic Digest: “The role for the European Semester in the recovery plan”

24-11-2020

At the request of the ECON Committee, four papers were commissioned to external experts on the linkages between the Recovery and Resilience Facility (RRF) and the European Semester (ES), as well as on the role of the European Parliament in the the RRF. In particular, experts were asked to assess whether and how the ES constitutes a suitable governance framework for the recovery measures, notably on: •the identification of the EU priority areas; •the analysis, the adoptions and the monitoring of ...

At the request of the ECON Committee, four papers were commissioned to external experts on the linkages between the Recovery and Resilience Facility (RRF) and the European Semester (ES), as well as on the role of the European Parliament in the the RRF. In particular, experts were asked to assess whether and how the ES constitutes a suitable governance framework for the recovery measures, notably on: •the identification of the EU priority areas; •the analysis, the adoptions and the monitoring of the national recovery plans; and •the performance of the European Parliament (EP) scrutiny and accountability role.

What role for the European Semester in the recovery plan?

09-11-2020

The paper assesses the institutional interactions between the Recovery and Resilience Facility (RRF) and the European Semester, with the view to establish whether and how the Semester can constitute a governance framework for the RRF. It argues that the RRF and the Semester are mutually beneficial: the EU Semester offers important informational and signaling advantages for the preparation of recovery and resilience plans. The RRF, in turn, offers important implementation benefits for the policy advice ...

The paper assesses the institutional interactions between the Recovery and Resilience Facility (RRF) and the European Semester, with the view to establish whether and how the Semester can constitute a governance framework for the RRF. It argues that the RRF and the Semester are mutually beneficial: the EU Semester offers important informational and signaling advantages for the preparation of recovery and resilience plans. The RRF, in turn, offers important implementation benefits for the policy advice issued under the European Semester. Yet, potential synergies are not fully exploited on implementation, ownership, and accountability towards the European Parliament.

Išorės autorius

Manuela MOSCHELLA

What role for the European Semester in the recovery plan?

15-10-2020

This briefing paper argues that the political imperative to ensure that the economic stimulus from the EU’s new commonly funded facilities is provided expeditiously will prevail against desires to create a robust governance framework for these funds within the European Semester process. The pandemic-related suspension of the Stability and Growth Pact creates a need to reform the Pact ahead of its future reintroduction. This presents an opportunity to incorporate more of the Semester’s reform implementation ...

This briefing paper argues that the political imperative to ensure that the economic stimulus from the EU’s new commonly funded facilities is provided expeditiously will prevail against desires to create a robust governance framework for these funds within the European Semester process. The pandemic-related suspension of the Stability and Growth Pact creates a need to reform the Pact ahead of its future reintroduction. This presents an opportunity to incorporate more of the Semester’s reform implementation agenda directly into the Pact’s policy prescriptions.

Išorės autorius

Jacob Funk KIRKEGAARD

How to provide political guidance to the Recovery and Resilience Facility?

14-10-2020

The Recovery and Resilience Facility (RRF) constitutes an unprecedented EU-wide resource to address the impact of the COVID-19 crisis on the EU economies. As the governance of the RRF is integrated in the European Semester, it fundamentally changes its character from a non-binding structure for policy coordination to a vehicle for the allocation of a major economic impetus. In light of this, this paper analyses the ways that parliamentary control and oversight of the RRF can be best secured at the ...

The Recovery and Resilience Facility (RRF) constitutes an unprecedented EU-wide resource to address the impact of the COVID-19 crisis on the EU economies. As the governance of the RRF is integrated in the European Semester, it fundamentally changes its character from a non-binding structure for policy coordination to a vehicle for the allocation of a major economic impetus. In light of this, this paper analyses the ways that parliamentary control and oversight of the RRF can be best secured at the EU-level.

Išorės autorius

Ben CRUM

Background Reader On The European Semester Autumn 2020 Edition

08-10-2020

This fourth edition of the background reader on the European Semester, prepared by the Economic Governance Support Unit (EGOV) in the Directorate for Economic and Scientific Policies of the European Parliament, provides an overview of publications related to the European Semester from a parliamentary perspective. It aims at further increasing the links between Members of the European Parliament and national Parliaments, notably during inter-parliamentary meetings.

This fourth edition of the background reader on the European Semester, prepared by the Economic Governance Support Unit (EGOV) in the Directorate for Economic and Scientific Policies of the European Parliament, provides an overview of publications related to the European Semester from a parliamentary perspective. It aims at further increasing the links between Members of the European Parliament and national Parliaments, notably during inter-parliamentary meetings.

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