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Connecting Europe Facility 2021-2027: Financing key EU infrastructure networks

17-06-2020

The EU supports the development of high-performing, sustainable and interconnected trans-European networks in the areas of transport, energy and digital infrastructure. It set up the Connecting Europe Facility (CEF) as a dedicated financing instrument for the 2014-2020 period, to channel EU funding into the development of infrastructure networks, help eliminate market failures and attract further investment from the public and private sectors. Following a mid-term evaluation, the European Commission ...

The EU supports the development of high-performing, sustainable and interconnected trans-European networks in the areas of transport, energy and digital infrastructure. It set up the Connecting Europe Facility (CEF) as a dedicated financing instrument for the 2014-2020 period, to channel EU funding into the development of infrastructure networks, help eliminate market failures and attract further investment from the public and private sectors. Following a mid-term evaluation, the European Commission proposed to renew the programme under the next long term EU budget. Negotiations between the Council and the European Parliament on the content of the proposal reached a partial provisional agreement, leaving aside the budget section and the questions relating to third countries. The agreement was approved by EU ambassadors and adopted by the Parliament at first reading on 17 April 2019. Discussions in the Council on the EU's 2021-2027 budget resumed when the Finnish Presidency of the Council published its ‘negotiating box’ in December 2019 and then with the proposal put forward in February 2020 by the President of the European Council, Charles Michel. However, Member States have not yet reached an agreement. In reaction to the coronavirus crisis and to the demand of the European Council, the Commission proposed an EU recovery fund and the adjusted Multiannual Financial Framework on 27 May 2020, also modifying the amounts to be allocated to the 2021-2027 CEF programme. Fourth edition. The 'EU Legislation in Progress' briefings are updated at key stages throughout the legislative procedure.

Introduction to the European Semester: Coordinating and monitoring economic and fiscal policies in the EU

11-12-2019

The European Semester is a framework for the coordination of economic policies across the European Union that was established after the European sovereign debt crisis. This paper aims to provide a simple but comprehensive introduction, explaining the main steps of the Semester from November to July each year. It also provides a short review of the academic and institutional debates around the Semester, before closing with the priorities in the relevant areas identified by the new European Commission ...

The European Semester is a framework for the coordination of economic policies across the European Union that was established after the European sovereign debt crisis. This paper aims to provide a simple but comprehensive introduction, explaining the main steps of the Semester from November to July each year. It also provides a short review of the academic and institutional debates around the Semester, before closing with the priorities in the relevant areas identified by the new European Commission President, Ursula von der Leyen.

Linking cohesion policy and the European Semester: Partnership and multi-level governance to boost investment and structural reforms

06-12-2019

Multi-level governance requires the involvement of all levels of government, central, regional and local, in decision-making. Obstacles to appropriate and adequate involvement may lead to infringements of the principles of subsidiarity. However, under the cycle of EU economic and fiscal policy coordination known as the European Semester, local and regional administrations are considered to be 'stakeholders' – that is, they are not categorised as part of general government. Recent extension of the ...

Multi-level governance requires the involvement of all levels of government, central, regional and local, in decision-making. Obstacles to appropriate and adequate involvement may lead to infringements of the principles of subsidiarity. However, under the cycle of EU economic and fiscal policy coordination known as the European Semester, local and regional administrations are considered to be 'stakeholders' – that is, they are not categorised as part of general government. Recent extension of the European Semester to aspects of cohesion policy may consequently strengthen a top-down policy approach. A Code of Conduct, such as that proposed by the European Committee of the Regions, may help correct this imbalance.

An overview of the Stability and Growth Pact - September 2019

10-09-2019

The Stability and Growth Pact (SGP) is the legal framework (based on primary and secondary EU law) that seeks to ensure sustainable public finances in the interest of the stability of the Economic and Monetary Union (EMU). It consists of two main building blocks: the preventive arm and the corrective arm. Stylised overviews, including on flexibility provisions (endorsed by the Council) within the existing rules of the SGP, are provided in the annexes. The main sources used in this briefing are primary ...

The Stability and Growth Pact (SGP) is the legal framework (based on primary and secondary EU law) that seeks to ensure sustainable public finances in the interest of the stability of the Economic and Monetary Union (EMU). It consists of two main building blocks: the preventive arm and the corrective arm. Stylised overviews, including on flexibility provisions (endorsed by the Council) within the existing rules of the SGP, are provided in the annexes. The main sources used in this briefing are primary Union law (Articles 121 and 126 of the Treaty on the Functioning of the European Union), secondary Union law (the amended Regulations (EC) 1466/97 and 1467/97 as well as the Regulation (EU) No 1173/2011), the Code of Conduction on the implementation of the SGP and the Commission Communication entitled ‘Making the best use of flexibility within the existing rules of the SGP’.

Europejski semestr: najważniejsze etapy na poziomie UE

07-05-2019

Europejski semestr na rzecz koordynacji polityki gospodarczej: najważniejsze etapy i podmioty.

Europejski semestr na rzecz koordynacji polityki gospodarczej: najważniejsze etapy i podmioty.

Establishing the Connecting Europe Facility 2021-2027

13-11-2018

This initial appraisal assesses the strengths and weaknesses of the European Commission's impact assessment accompanying its proposal for establishing the Connecting Europe Facility (CEF) for the 2021-2027 period. CEF is an EU funding instrument designed to promote and part-finance the construction of pivotal cross border transport, energy and telecommunications infrastructure links between the EU's Member States. The proposal intends to support the achievement of the EU policy objectives in the ...

This initial appraisal assesses the strengths and weaknesses of the European Commission's impact assessment accompanying its proposal for establishing the Connecting Europe Facility (CEF) for the 2021-2027 period. CEF is an EU funding instrument designed to promote and part-finance the construction of pivotal cross border transport, energy and telecommunications infrastructure links between the EU's Member States. The proposal intends to support the achievement of the EU policy objectives in the transport, energy and digital sectors as regards the trans-European networks and to support cross-border cooperation between Member States on renewables planning and deployment. The appraisal concludes that the impact assessment (IA) provides a good description of the policy challenges of the new CEF based on the mid-term evaluation of the programme. The IA envisages a change in the scope for the digital and energy sectors. Alternative options are identified for the energy sector only. The IA would have benefited from better illustrating if, and in case how, the preferred option would take advantage from the existing, or forthcoming, legislation in establishing the envisaged enabling framework for cross-border cooperation on renewables. The IA does not discuss social or environmental impacts of the proposed measures and economic impacts are discussed for the energy sector only. Potential impacts on SMEs are not discussed, although SMEs might have deserved some analysis considering the specific objectives of the trans-European networks for the digital sector. An analysis regarding the impact on competitiveness appears to be missing as well. The final version of the IA appears to have addressed almost entirely the improvements requested by the Regulatory Scrutiny Board.

Recommendations on the economic policy of the euro area under the European Semester

16-02-2018

This briefing provides an overview of the Council recommendations addressed to the euro area as a whole under the European Semester, and presents information on the related Eurogroup’s policy actions. The briefing is regularly updated.

This briefing provides an overview of the Council recommendations addressed to the euro area as a whole under the European Semester, and presents information on the related Eurogroup’s policy actions. The briefing is regularly updated.

How to further strengthen the European Semester?

20-11-2017

The emphasis of the European Semester should shift from economic policy coordination – intended as the process through which Member States commit to common rules and recommendations adopted by the Council of the European Union under the surveillance of the European Commission – to a stronger national ownership. Coordination of national policies may be essential at times of crisis, when cross-country spillover effects tend to be large, but it may not be very effective when economic conditions return ...

The emphasis of the European Semester should shift from economic policy coordination – intended as the process through which Member States commit to common rules and recommendations adopted by the Council of the European Union under the surveillance of the European Commission – to a stronger national ownership. Coordination of national policies may be essential at times of crisis, when cross-country spillover effects tend to be large, but it may not be very effective when economic conditions return to normal, as spillovers tend to be small and the incentives for governments to coordinate lessen. Stronger national ownership should lead to better enforcement of commonly agreed rules, regardless of economic conditions and should take away the perception that rules are hierarchically imposed. National ownership could be improved by involving the national fiscal councils and the national productivity boards explicitly in the elaboration of EU? recommendations for national governments. This should be done without increasing the complexity of an already complicated EU governance system of governance or damaging their reputation as independent bodies. Reforms aiming to improve the structural functioning of the EU’s economies are of critical importance for Member States, yet the reasons why specific reforms should be embedded in the Semester are not always clear. Moreover, strengthening the Semester by further linking the EU budget to reforms undertaken in the Member States is fine in theory but very difficult in practice. Reforms cannot be ‘bought’ as such and it would be extremely difficult to measure the implementation of the CSRs precisely enough to make implementation a condition for funds. The role of the Commission should remain predominant in fostering coordination in case of economic crisis and in providing technical support for reforms whenever needed.

Research for PECH Committee - Seafood Industry Integration in the EU

15-09-2016

The aim of the study is to provide the Members of the Parliament's Fisheries Committee with a clear description of the corporate structure of the EU seafood industry (fishing, processing and the retail market). It provides a description of both the horizontal and vertical integration in the industry through the use of case studies. The research utilised both quantitative and qualitative research methodologies in order to provide an in-depth and nuanced picture of integration in EU fisheries.

The aim of the study is to provide the Members of the Parliament's Fisheries Committee with a clear description of the corporate structure of the EU seafood industry (fishing, processing and the retail market). It provides a description of both the horizontal and vertical integration in the industry through the use of case studies. The research utilised both quantitative and qualitative research methodologies in order to provide an in-depth and nuanced picture of integration in EU fisheries.

Autorzy zewnętrzni

Ward Warmerdam, Alexandra Christopoulou, Mara Werkman and Jan Willem van Gelder (Profundo) ; Robin Davies (Robin Davies Consulting)

Economic Dialogue with the European Commission on Draft 2015 Country Specific Recommendations

22-06-2015

Vice-President Dombrovskis, Commissioner Moscovici and Commissioner Thyssen have been invited to an Economic Dialogue in line with the relevant EU law on the draft Country Specific Recommendations, as adopted by the Commission on 13 May 2015 based on the so-called streamlined European Semester.

Vice-President Dombrovskis, Commissioner Moscovici and Commissioner Thyssen have been invited to an Economic Dialogue in line with the relevant EU law on the draft Country Specific Recommendations, as adopted by the Commission on 13 May 2015 based on the so-called streamlined European Semester.

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LIBE - FEMM Joint Hearing: Combating Gender based Violence: Cyber Violence
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