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To reach the climate neutrality envisaged in the Green Deal by 2050, reducing agricultural GHG emissions is not enough, and efforts to implement large scale carbon sequestration in European agricultural soils will be necessary. The renewed CAP includes improvements in environmental conditionality and foresees eco-schemes and agri-environmental measures that can help achieve this goal. Carbon sequestration in soil is cost-effective, but improvements in methodology are still required, as well as the ...

The Committee on Budgetary Control (CONT) decided to organise a workshop with the aim to get a better understanding about customs control practices in Member States and their possible improvements. This briefing provides background information to this event that took place the 15th June 2022.

This At a glance note summarises the study on The European Schools system: State of Play, Challenges and Perspectives. The study examines the progress that the European Schools System has made during the past decade and overviews its state of affairs as of 2022. The educational dimension of the study focuses on questions related to teaching and learning, while the operational one concentrates on the administrative and managerial sides of the system. The study pinpoints the key challenges that the ...

This study examines the problem of Missing Trader Intra-Community (MTIC) Fraud, the nature and scale of its impact on the EU’s finances, and potential solutions. The solutions that are assessed are: Split Payment Methods, Electronic Clearance Procedure (a digital solution), Real-Time Reporting (and TX++), VAT Coin, and the Definitive VAT system (and proposed amendments). Recommendations are made regarding the most appropriate solution.

This research paper provides insight into GovTech and innovation in the context of public procurement. It examines the possibilities for developing an EU GovTech Platform with the aim of supporting the modernisation of the public sector; the further development of the European GovTech market; and engagement with citizens and businesses. This document was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the committee on Internal Market and ...

On 26 July 2012, then ECB President Mario Draghi gave the so-called “whatever it takes” speech, today widely considered as the turnaround point in the European sovereign debt crisis. Shortly after, the European Central Bank (ECB) announced the details of its outright monetary transactions programme (OMT) tool. The speech, together with the OMT announcement, were enough to remove re-denomination risk from sovereign bond markets. OMT was never actually used. 10 years after, in a context of record-high ...

A workshop was organised for the Budgets committee (BUDG) on "The EU borrowing strategy for NGEU: design, challenges and opportunities" on 27 October 2021. This document consists of an In-depth analysis by Bruegel entitled "Next Generation EU borrowing: a first assessment", a policy paper by Sebastian Mack entitled "Don't change horses in midstream: how to make NGEU bonds the euro area's safe asset", biographies of the speakers and the Power Point slides of the Bruegel presentation.

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 ...

This briefing summarizes the implications of the influx of refugees from Ukraine for European cities, and how cities can navigate challenges to continue being a positive factor in the support of Ukraine. The briefing is based on available official sources and expert commentaries and written in the context of the study ‘Social challenges in cities’ contracted by the European Parliament . The PPMI research team conducted desk research in English, Lithuanian, Hungarian, Romanian and Polish languages ...

Pollution, ecosystem decline, climate impacts and overfishing threaten the health of the world’s ocean. The 2022 Ocean Conference provides an opportunity to strengthen synergies among stakeholders to achieve Sustainable Development Goal (SDG) 14, ‘Life Below Water’. The targets set under SDG 14 have largely not been achieved on an international level. Marine pollution remains a major issue, while increasing deoxygenation and acidification is putting marine species and coastal communities alike in ...