54

Riżultat(i)

Kelma (kelmiet)
Tip ta' pubblikazzjoni
Qasam tematiku
Awtur
Kelma għat-tiftix
Data

Establishing a European Investment Stabilisation Function

17-01-2019

The European Commission has proposed to establish a European Investment Stabilisation Function. The accompanying IA focusses on the expected positive effects of the proposal, rather than providing a balanced assessment of different policy options and all their relevant impacts. The mostly qualitative analysis is complemented by some quantifications that are, to the Commission’s own admission, based on uncertain assumptions. The caveats, methods and models of the IA could have been better explained ...

The European Commission has proposed to establish a European Investment Stabilisation Function. The accompanying IA focusses on the expected positive effects of the proposal, rather than providing a balanced assessment of different policy options and all their relevant impacts. The mostly qualitative analysis is complemented by some quantifications that are, to the Commission’s own admission, based on uncertain assumptions. The caveats, methods and models of the IA could have been better explained to increase its transparency. The selection of the preferred option seems to be based on political considerations.

European Investment Stabilisation Function (EISF)

10-01-2019

The idea behind the Commission's proposed European Investment Stabilisation Function is to use dedicated financial means from the EU budget to help Member States stabilise their economies in the event of a major asymmetric shock. The Commission would borrow on the financial markets and then lend to the country concerned, which would use the money to finance public investment. Once the crisis was over, the Member State would reimburse the debt. The Commission hopes the other Member States would agree ...

The idea behind the Commission's proposed European Investment Stabilisation Function is to use dedicated financial means from the EU budget to help Member States stabilise their economies in the event of a major asymmetric shock. The Commission would borrow on the financial markets and then lend to the country concerned, which would use the money to finance public investment. Once the crisis was over, the Member State would reimburse the debt. The Commission hopes the other Member States would agree to subsidise the interest payments incurred. The function would be limited to euro-area countries, but those that have entered the exchange rate mechanism II (ERM II) might also benefit. The lending would be quasi automatic once statistical data showed an exceptional and steep rise in unemployment. The dossier has met with considerable opposition at Council level.

Ex Ante Conditionality in ESI Funds: State of Play and their potential impact on the Financial Implementation of the Funds

22-11-2018

This study is a detailed analysis of progress in the fulfilment of all Ex Ante Conditionalities in the Common Provision Regulation for ESI Funds. The process is almost complete (99%). A number of managing authorities have experienced delays during the process of compliance and in access to funds. This is manifested by a lower absorption rate, but that is believed to be temporary. Delays as a rule affected countries with lower administrative capacities; nevertheless, most authorities interviewed judged ...

This study is a detailed analysis of progress in the fulfilment of all Ex Ante Conditionalities in the Common Provision Regulation for ESI Funds. The process is almost complete (99%). A number of managing authorities have experienced delays during the process of compliance and in access to funds. This is manifested by a lower absorption rate, but that is believed to be temporary. Delays as a rule affected countries with lower administrative capacities; nevertheless, most authorities interviewed judged the framework beneficial (even if its costs were considered to be significant). Also the managing authorities in countries with better administrative capacities tended to see the process of proving compliance to be rather burdensome.

Awtur estern

Jorge Nuñez Ferrer, Cinzia Alcidi, Matthias Busse, Roberto Musmeci, Noriko Fujiwara

SKILLS DEVELOPMENT: THE POTENTIAL OF THE EUROPEAN FUND FOR STRATEGIC INVESTMENTS

16-07-2018

This study investigates the potential of using the European Fund for Strategic Investment (EFSI) to support skills development and Active Labour Market Policies (ALMP). It analyses the development of EFSI to date and explores projects in four EU Member States with funding models that could finance and scale up investments in skills development using EFSI financing in the future. The study concludes that whilst there is potential to intensify the use of EFSI and its successor InvestEU to support these ...

This study investigates the potential of using the European Fund for Strategic Investment (EFSI) to support skills development and Active Labour Market Policies (ALMP). It analyses the development of EFSI to date and explores projects in four EU Member States with funding models that could finance and scale up investments in skills development using EFSI financing in the future. The study concludes that whilst there is potential to intensify the use of EFSI and its successor InvestEU to support these areas, a number of challenges related to the typical nature of investments and the national/local capacity to develop and structure investment projects in human capital would have to be overcome.

Awtur estern

Jan Franke et al.

Defence: What has the EU done?

29-06-2018

Attempts to move towards a common defence have been part of the European Project since its inception. However, more has been achieved in the past two years than in the last 60 years.

Attempts to move towards a common defence have been part of the European Project since its inception. However, more has been achieved in the past two years than in the last 60 years.

Financial Implementation of European Structural and Investment Funds

15-06-2018

This research paper provides an informative overview of the state of play of the financial implementation of European Structural and Investment Funds (ESIF), with an assessment of the reasons for the state of implementation and the implications. The report is based on desk-review research. It considers financial implementation in the 2007-2013 funding period, before focusing on implementation thus far in the 2014-2020 period. It identifies and analyses factors that influence the pace of ESIF financial ...

This research paper provides an informative overview of the state of play of the financial implementation of European Structural and Investment Funds (ESIF), with an assessment of the reasons for the state of implementation and the implications. The report is based on desk-review research. It considers financial implementation in the 2007-2013 funding period, before focusing on implementation thus far in the 2014-2020 period. It identifies and analyses factors that influence the pace of ESIF financial implementation. The final section draws together conclusions and recommendations.

Awtur estern

European Policies Research Centre, University of Strathclyde Glasgow: John Bachtler, Martin Ferry and Fabian Gal

Defence: Member States' Spending

31-05-2018

In 2016, the amount of expenditure dedicated to defence represented 1.3% of GDP for the EU-28 and 1.2% of GDP for the Euro area. This is much less than the amount spent on social protection (which is equivalent to 19.1% of GDP), Health (7.1%) or Education (4.7%) but not quite as much as the amount spent on Public Safety and Order (1.7% of GDP) and significantly higher that the amount spent on environmental protection (0.7% of GDP). In 2016, the highest levels of expenditure in defence in the EU were ...

In 2016, the amount of expenditure dedicated to defence represented 1.3% of GDP for the EU-28 and 1.2% of GDP for the Euro area. This is much less than the amount spent on social protection (which is equivalent to 19.1% of GDP), Health (7.1%) or Education (4.7%) but not quite as much as the amount spent on Public Safety and Order (1.7% of GDP) and significantly higher that the amount spent on environmental protection (0.7% of GDP). In 2016, the highest levels of expenditure in defence in the EU were observed in Estonia (2.4% of GDP), followed by Greece (2.1% of GDP), the United-Kingdom (2.0% of GDP) and France (1.8% of GDP). As a share of total government expenditure, defence expenditure amounted to 2.9% in the EU and to 2.6% in the Euro area.

European app economy: State of play, challenges and EU policy

24-05-2018

Ten years have passed since the app economy was launched. Since then apps have evolved to play an increasingly important role in the life of citizens and became crucial to the success of many industries. Growing connectivity and availability of portable devices ensure that this trend will continue. The European app economy is rather successful and accounts for just under a third of revenues in the global market. Clusters of app developers exist in a few western European and Nordic Member States creating ...

Ten years have passed since the app economy was launched. Since then apps have evolved to play an increasingly important role in the life of citizens and became crucial to the success of many industries. Growing connectivity and availability of portable devices ensure that this trend will continue. The European app economy is rather successful and accounts for just under a third of revenues in the global market. Clusters of app developers exist in a few western European and Nordic Member States creating well-paid jobs, value and innovation in the digital economy. However, some bottlenecks still exist and hamper the growth of the sector. These include limited availability of finance, shortage of digital skills, the need to constantly upgrade infrastructure, and improving access to data. The EU strives to address these issues by creating an environment conducive to growth of the app economy. The main policy actions include strengthening the digital single market, funding research and innovation, creating fair taxation rules, developing standards and interoperability, fostering consumer protection and confidence, reforming training and education systems and supporting the development of a data economy and the internet of things.

European Fund for Strategic Investments – EFSI 2.0

15-02-2018

On 14 September 2016, the Commission proposed an extension of the duration of the European Fund for Strategic Investments (EFSI) until end-2020, and the introduction of technical enhancements for that fund and the European Investment Advisory Hub. Under the new regulation, (EFSI 2.0), steps are taken to increase support for small-scale projects; Parliament can send a (non-voting) expert to EFSI’s steering board, and EFSI’s scoreboard will be publicly available after a project is signed. The increase ...

On 14 September 2016, the Commission proposed an extension of the duration of the European Fund for Strategic Investments (EFSI) until end-2020, and the introduction of technical enhancements for that fund and the European Investment Advisory Hub. Under the new regulation, (EFSI 2.0), steps are taken to increase support for small-scale projects; Parliament can send a (non-voting) expert to EFSI’s steering board, and EFSI’s scoreboard will be publicly available after a project is signed. The increase in the financial allocation needed to deliver the higher investment targeted will come from an increase in the EU budget guarantee from €16 billion to €26 billion, and an increase in the EIB contribution from €5 billion to €7.5 billion. However, the provisioning rate for the guarantee is reduced to 35 %, giving a total contribution from the EU budget of €9.1 billion, compared to an initial contribution of €8 billion. Parliament managed to reduce the share of this increased contribution financed via redeployments from the Connecting Europe Facility programme, by instead drawing more heavily on EFSI-assigned revenues and investment reflows. The agreed text was adopted on 12 December 2017.

EFSI – Extension of duration ('EFSI 2.0')

05-12-2017

On 14 September 2016, the Commission proposed to extend the duration of the European Fund for Strategic Investments (EFSI) until 31 December 2020, entailing changes in its governance and financial capacity. The agreement achieved in trilogue is due to be voted during the December plenary.

On 14 September 2016, the Commission proposed to extend the duration of the European Fund for Strategic Investments (EFSI) until 31 December 2020, entailing changes in its governance and financial capacity. The agreement achieved in trilogue is due to be voted during the December plenary.