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The SURE: Implementation

Briefing 20-10-2021

Council Regulation 2020/672 established SURE, the European instrument for temporary support to mitigate unemployment risks in an emergency, which has been in force since 20 May 2020. This note provides an overview in tabular format of the SURE implementing decisions as adopted by Council, of Commission issuances under SURE and of disbursements. It will be regularly updated.

Reform of the EU own resources

Analiză aprofundată 01-03-2021

This document was prepared by Policy Department for Budgetary Affairs for the Committee on Budgets as a background paper for the Public Hearing on ‘Financing the EU budget: new own resources and possible other revenue’. It provides a summary of the system of EU own resources in the light of the agreement on its revision reached during the negotiations of the 2021-27 MFF. It shows the rationale for the reform including the need to find sources to finance the repayment of the EU borrowing in the framework ...

Financing the European Union

Briefing 15-12-2020

Responding to requests for a common recovery plan to complement national efforts to tackle the impact of the coronavirus pandemic, substantial new EU financial instruments have been rapidly introduced such as temporary support to mitigate unemployment risks in an emergency (SURE). The European Council meeting on 17-21 July agreed a recovery package based on a 2021-2027 Multiannual Financial Framework (MFF) of €1 074.3 billion, topped up with €750 billion in extra resources for EU programmes, financed ...

Access to stable and adequate financial resources is a crucial condition for the realisation of the global goals of intergovernmental organisations (IGOs). In recent decades, alongside global political changes and the evolution in the role of multilateral cooperation, the resourcing and budgetary management of IGOs have also changed. Moreover, funding available to IGOs has become ever more diversified and complex both in terms of its origin and type. This briefing presents selected aspects of the ...

The Economic Governance Support Unit (EGOV) provides expertise to support the European Parliament and its relevant committees and bodies, notably in their scrutiny-related activities on the economic governance and banking union frameworks.

Congress is the legislative branch of the US system of government and is divided into two chambers: the House of Representatives (lower chamber) and the Senate (upper chamber). The formal powers of Congress are set out in Article 1 of the US Constitution, and include making laws, collecting revenue, borrowing and spending money, declaring war, making treaties with foreign nations, and overseeing the executive branch. Elections to the US Congress occur in November every second year, with the Congress ...

The United States Constitution regulates the conduct of American foreign policy through a system of checks and balances. The Constitution provides both Congress and the President, as the legislative and executive branches respectively, with the legal authority to shape relations with foreign nations. It recognises that only the federal government is authorised to conduct foreign policy; that federal courts are competent in cases arising under treaties; and declares treaties the supreme law of the ...

This study examines the budget structure and cost allocation, fee determination as well as treatment of surpluses/deficits and potential financial reserves of the partially selffinanced EU agencies (i.e. the agencies which carry out public tasks for the EU and provide services to clients from industry and are not co-financed by national public authorities), namely the European Aviation Safety Agency (EASA), the European Chemicals Agency (ECHA) and the European Medicines Agency (EMA). The study identifies ...