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Data tal-pubblikazzjoni: 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.

Awtur estern

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.

Awtur estern

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

Data tal-pubblikazzjoni: 16-07-2019

Banking Union: Defusing the “home/host” debate

16-07-2019

While a banking group located in the Banking Union is supervised by a single supervisor (SSM) and no longer by home and host supervisors, subsidiaries are subject to individual requirements with remaining national powers over legal entities of a group. Further integration of banking groups’ risk management has been identified by the Chair of the Single Supervisory Mechanism (SSM) as one of the remaining steps to completing the Banking Union. For the Chair of the SSM, there are “still obstacles to ...

While a banking group located in the Banking Union is supervised by a single supervisor (SSM) and no longer by home and host supervisors, subsidiaries are subject to individual requirements with remaining national powers over legal entities of a group. Further integration of banking groups’ risk management has been identified by the Chair of the Single Supervisory Mechanism (SSM) as one of the remaining steps to completing the Banking Union. For the Chair of the SSM, there are “still obstacles to the integrated management of bank capital and liquidity within cross-border groups operating in the banking union”. As the SSM put it “the fences should be removed; they are out of place within a banking union where the concept of home and host supervisors has disappeared”.

Data tal-pubblikazzjoni: 15-07-2019

Detecting and protecting victims of trafficking in hotspots

15-07-2019

This study focuses on the issue of trafficking in human beings in the specific context of hotspots. It analyses the processes in place to facilitate the detection of victims when they arrive by sea on Greek and Italian shores, as well as the protection they are granted.

This study focuses on the issue of trafficking in human beings in the specific context of hotspots. It analyses the processes in place to facilitate the detection of victims when they arrive by sea on Greek and Italian shores, as well as the protection they are granted.

Research for REGI Committee-The Agenda for Cohesion Policy in 2019-2024: Key issues for the REGI Committee

14-06-2019

This study reviews current and emerging issues for Cohesion Policy to support the work agenda of the European Parliament’s Committee for Regional Development during its new mandate for 2019-2024. The analysis focuses on issues relating to the committee’s competences and concludes by highlighting key policy themes and political questions for the debate on Cohesion Policy in 2021-27.

This study reviews current and emerging issues for Cohesion Policy to support the work agenda of the European Parliament’s Committee for Regional Development during its new mandate for 2019-2024. The analysis focuses on issues relating to the committee’s competences and concludes by highlighting key policy themes and political questions for the debate on Cohesion Policy in 2021-27.

Awtur estern

Carlos Mendez, John Bachtler and Irene McMaster

Data tal-pubblikazzjoni: 12-07-2019

What if we didn't need cows for our beef?

12-07-2019

With the help of cells from a single cow, scientists can produce 175 million hamburgers. What if we didn’t need cows for our beef? Technologies for producing cultured meat and dairy products will help feeding the world in a sustainable way. What if we could produce meat without farming? New technology within reach to produce meat with a very low eco-footprint

With the help of cells from a single cow, scientists can produce 175 million hamburgers. What if we didn’t need cows for our beef? Technologies for producing cultured meat and dairy products will help feeding the world in a sustainable way. What if we could produce meat without farming? New technology within reach to produce meat with a very low eco-footprint

Role and election of the President of the European Commission

12-07-2019

The President of the European Commission has taken on an ever more prominent leading role within the College of Commissioners, with the increasingly presidential system eclipsing the principle of collegiate decision-making. With the European Parliament now more involved in the appointment, the Presidency has not only become a much more politicised office, but the President has also gained greater influence vis-à-vis the other members of the Commission. The Commission President plays a crucial role ...

The President of the European Commission has taken on an ever more prominent leading role within the College of Commissioners, with the increasingly presidential system eclipsing the principle of collegiate decision-making. With the European Parliament now more involved in the appointment, the Presidency has not only become a much more politicised office, but the President has also gained greater influence vis-à-vis the other members of the Commission. The Commission President plays a crucial role in relations between Parliament and Commission. Presenting his or her priorities to Parliament prior to election sets the course for the whole term, on which the President will be called to account by Parliament. Building on this, Parliament has an increasingly prominent role in political agenda-setting, shaping the EU's legislative programming together with the Commission and the Council. At the end of President Barroso's second term as Commission President, many had criticised the lack of ambitious initiatives undertaken, whereas others believe that the economic and institutional difficulties which the EU faced made this inevitable. The legacy of President Juncker's mandate can claim, on the one hand, to show progress in trade and defence, although some maintain that more ambition could have been displayed in other areas, for instance on the digital market or monetary union. On the other hand, the Juncker Commission introduced some significant changes in the College's working methods and a more political role for the Commission. Whereas Jean-Claude Juncker had been a Spitzenkandidat (lead candidate) in the European elections, Ursula von der Leyen, nominated as candidate for the Commission presidency by the European Council on 2 July, was not. As none of the Spitzenkandidaten were seen to have a clear majority in Parliament, it remains to be seen whether an 'outsider' from that process can muster the support of the required majority of Parliament's component Members at the time of the election, currently planned for the July II plenary session. This is an updated edition of a 2014 briefing drafted by Eva-Maria Poptcheva.

The European elections and thereafter [What Think Tanks are Thinking]

12-07-2019

On 23-26 May, 2019, European Union citizens elected a more fragmented European Parliament than its predecessor, with the two main political groups – the European People’s Party and the Progressive Alliance of Socialists and Democrats losing some ground, and the Liberals, now known as Renew Europe, and the Greens/European Free Alliance strengthening their representation. Gains made by Eurosceptic and populist groups proved more limited than had been predicted. This note brings together commentaries ...

On 23-26 May, 2019, European Union citizens elected a more fragmented European Parliament than its predecessor, with the two main political groups – the European People’s Party and the Progressive Alliance of Socialists and Democrats losing some ground, and the Liberals, now known as Renew Europe, and the Greens/European Free Alliance strengthening their representation. Gains made by Eurosceptic and populist groups proved more limited than had been predicted. This note brings together commentaries, analyses and studies by major international think tanks and research institutes on the European elections and their aftermath.

Data tal-pubblikazzjoni: 11-07-2019

Accords internationaux en marche: Le futur partenariat de l’UE avec les pays d’Afrique, des Caraïbes et du Pacifique (« post-Cotonou »)

11-07-2019

L’accord de partenariat entre l’Union européenne et les pays d’Afrique, des Caraïbes et du Pacifique (ACP) expire en février 2020. Le principal défi pour l’Union européenne est de maintenir ses relations dans la région, tout en restant fidèle aux valeurs promues dans les traités européens. La renégociation de cet « Accord de Cotonou » offre l’opportunité de rationaliser les relations entre les pays ACP et l’Union, en tenant compte des objectifs de développement durable des Nations unies, de la redéfinition ...

L’accord de partenariat entre l’Union européenne et les pays d’Afrique, des Caraïbes et du Pacifique (ACP) expire en février 2020. Le principal défi pour l’Union européenne est de maintenir ses relations dans la région, tout en restant fidèle aux valeurs promues dans les traités européens. La renégociation de cet « Accord de Cotonou » offre l’opportunité de rationaliser les relations entre les pays ACP et l’Union, en tenant compte des objectifs de développement durable des Nations unies, de la redéfinition des stratégies européennes dans les régions concernées, des nouvelles ambitions des pays ACP et de l’évolution de l’équilibre des pouvoirs au niveau mondial. La question du financement est également sur la table. Favoriser la prospérité, la stabilité et la bonne gouvernance dans les États ACP permettrait, selon les services de l’UE, de mieux faire face aux causes profondes de la migration irrégulière et des déplacements forcés. Le groupe ACP a adopté son mandat de négociation en mai 2018. L’Union européenne a adopté le sien en juin 2018 et propose un socle commun complété par des protocoles spécifiques avec les trois sous-régions. Les négociations ont débuté en septembre 2018. Troisième édition. Les Briefings 'Accords internationaux en marche' sont actualisés à des étapes clés de la procédure de ratification. Pour voir les versions précédentes de ce briefing, voir PE 630.280, novembre 2018.

Walter Hallstein: First President of the Commission and visionary of European integration

11-07-2019

When Walter Hallstein became the first President of the European Economic Community Commission, in 1958, a long career already lay behind him: legal scholar, university professor, research manager, diplomat and German government representative at the conferences drafting the founding treaties of the European Coal and Steel Community and then the European Economic Community. The federalist ideas he developed and the emphasis he placed on supranational institutions remain among his most important legacies ...

When Walter Hallstein became the first President of the European Economic Community Commission, in 1958, a long career already lay behind him: legal scholar, university professor, research manager, diplomat and German government representative at the conferences drafting the founding treaties of the European Coal and Steel Community and then the European Economic Community. The federalist ideas he developed and the emphasis he placed on supranational institutions remain among his most important legacies. Equally significant was his administrative capacity to build an institution of a completely new type and to anticipate policies that seemed utopian at the time but turned out to be necessary many years later. This impetus to push for further integration earned Hallstein strong opposition from several national leaders, and eventually led to his precipitous departure. This briefing recalls three principal aspects of Hallstein's life: as a scholar and research administrator, as a protagonist of German foreign policy and, of course, as a crucial architect of the early period of European integration.

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