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After showing unexpectedly strong economic resilience in the face of the pandemic and the energy price shock triggered by Russia’s war in Ukraine, Europe is bracing for an uncertain soft landing. The latest economic forecast points towards weakening growth. Real GDP growth is expected to be 0.6 % in both the EU and the euro area in 2023, having been revised downwards for the second time this year. This is partly explained by a heavier toll from monetary policy tightening than expected, alongside ...

This briefing provides a summary of all scrutiny activities of the European Parliament related to euro area monetary policy in the period between June 2023 and September 2023. These summaries are published regularly after each Monetary Dialogue (MD) with the European Central Bank (ECB). For a recap of the key monetary policy developments and decisions taken by the ECB’s Governing Council in that period, please refer to our briefing ahead of the 25 September 2023 MD.

The study submits that ‘One in, one out’ is a tool for less, not better, regulation and legislation, and, as such, it is not a suitable instrument for better law-making. To achieve effectiveness of legislation, the EU must reform its law-making policy holistically by placing the citizen at the core of its legislative communication. The EP must lead on and defend the citizens’ right to better legislation. To put this reform to effect, the JURI Committee must place itself at the centre of deliberations ...

The victory in the 2022 Brazilian presidential election of Luiz Inácio Lula da Silva of the left-wing Workers' Party, who ran on a platform of – among other things – protecting the Amazon and indigenous peoples' rights, has raised hopes in the EU of completing the long-standing negotiations on an EU-Mercosur association agreement. Since January 2023, Lula has deployed a number of recycled but updated policy tools from the early 2000s, which, it is assumed, will deliver similarly positive results ...

Question time: EU-Africa strategy

Pe scurt 10-07-2023

During the July session, question time with the Commission will focus on the state of play of the EU-Africa strategy – notably in the context of the impacts of Russia’s war of aggression against Ukraine. The European Union (EU) and the African Union (AU) have converging interests in a number of areas, such as the fight against climate change and the promotion of sustainable, job-creating economic growth in Africa. However, they still have to find common ground on migration, security management, and ...

After an unexpectedly strong economic recovery from the COVID-19 pandemic, the EU now faces the difficult task of bringing down inflation – mainly caused by sharp increases in energy and food prices in 2022 – while sustaining economic growth and investment in strategic areas such as the green and digital transitions. Economic growth in the EU has declined since mid-2022 and nearly stalled, while the euro area endured a mild technical recession. At the same time, in 2022, annual inflation in the EU ...

In May 2022, the European Commission launched a new strategy aimed at improving living conditions in the EU's outermost regions, fostering their development and sustainable recovery and growth, and unlocking their potential. An own-initiative report on the assessment of the Commission's strategy, tabled by the European Parliament's Committee on Regional Development, is scheduled for a plenary vote in June.

Economic growth brought widespread prosperity in the post-war era. It contributed to rising living standards, reducing poverty and increasing tax revenues to fund public policies. However, the focus on growth has increasingly been criticised for overlooking negative social and environmental impacts. The debate on going beyond growth aims to steer policy-making towards multiple economic, social and environmental goals rather than treating growth as an end in itself. While a part of this debate focuses ...

China is increasingly investing in key European infrastructure, including ports. This is something that has drawn attention at both EU and Member State level, in particular regarding strategic dependency on China and how it affects the EU's economic interests. This short briefing provides an initial overview of existing, publicly known Chinese interests in EU ports.

Deși integrarea europeană este un factor esențial al creșterii economice, al păcii, al protecției mediului și al prosperității sociale, ne confruntăm în continuare cu provocări persistente și se prevăd potențiale crize. Privind în perspectivă, Europei i se deschide o serie de căi posibile. Parlamentul European crede într-o acțiune ambițioasă și colectivă a Uniunii Europene, care poate aduce câștiguri potențiale semnificative, nu numai în prezent, ci și în diverse posibile scenarii viitoare. Acesta ...