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The impact of COVID-19 on the Internal Market (At A Glance - Study In Focus)

01-03-2021

This At A Glance summarises the key findings of the original study, which assesses the impact of the COVID-19 crisis on the Internal Market and consumer protection, including the impact of measures introduced at national and EU level to mitigate the consequences of the pandemic. What further measures should be considered in order to reinforce the resilience of the EU's Internal Market in the face of future crises? This document was provided by the Policy Department for Economic, Scientific and Quality ...

This At A Glance summarises the key findings of the original study, which assesses the impact of the COVID-19 crisis on the Internal Market and consumer protection, including the impact of measures introduced at national and EU level to mitigate the consequences of the pandemic. What further measures should be considered in order to reinforce the resilience of the EU's Internal Market in the face of future crises? This document was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the committee on Internal Market and Consumer Protection (IMCO).

Externý autor

J. Scott MARCUS et al.

Review of the bank crisis management and deposit insurance frameworks Banking Union Working Group

11-01-2021

This briefing summarises key elements of the intended initiative, based on the information that the Commission provided on 10 November 2020 in its related public consultation and additional public sources. The briefing also briefly focuses on other related issues, namely, misalignments between state-aid and resolution and some European Court of Justice decisions with impact on the crisis management framework, and a box focusing on rele-vant aspects of the Commission’s recently released NPL Action ...

This briefing summarises key elements of the intended initiative, based on the information that the Commission provided on 10 November 2020 in its related public consultation and additional public sources. The briefing also briefly focuses on other related issues, namely, misalignments between state-aid and resolution and some European Court of Justice decisions with impact on the crisis management framework, and a box focusing on rele-vant aspects of the Commission’s recently released NPL Action Plan (an Annex lists most recent EGOV briefings and external papers relevant for these matters). The briefing has been prepared in view of a discussion of the Banking Union Working Groupof the European Parliament on the Commission's revision of the bank crisis management framework.

REACT-EU recovery assistance

10-12-2020

In light of the coronavirus pandemic, the European Commission proposed the REACT-EU package for the regions most hit by the crisis. It will mobilise additional resources of €47.5 billion and offer flexibility for Member States to address the coronavirus-related challenges using EU funds. It also complements two previous Coronavirus Response Investment Initiatives delivered through cohesion policy. The European Parliament is expected to vote during its December plenary session to adopt its first-reading ...

In light of the coronavirus pandemic, the European Commission proposed the REACT-EU package for the regions most hit by the crisis. It will mobilise additional resources of €47.5 billion and offer flexibility for Member States to address the coronavirus-related challenges using EU funds. It also complements two previous Coronavirus Response Investment Initiatives delivered through cohesion policy. The European Parliament is expected to vote during its December plenary session to adopt its first-reading position on the proposed regulation, confirming the compromise political agreement reached with the Council in November.

European Commission work programme 2021

25-11-2020

This briefing, which focuses on legislative initiatives only, is intended as a background overview for parliamentary committees (and their respective secretariats) which are planning their activities in relation to the European Commission work programme for 2021 (CWP 2021), adopted on 19 October 2020. It provides an overview of the CWP 2021 with regard to its structure and key aspects, and includes information on two types of EPRS publications that might be of interest to the relevant committees ...

This briefing, which focuses on legislative initiatives only, is intended as a background overview for parliamentary committees (and their respective secretariats) which are planning their activities in relation to the European Commission work programme for 2021 (CWP 2021), adopted on 19 October 2020. It provides an overview of the CWP 2021 with regard to its structure and key aspects, and includes information on two types of EPRS publications that might be of interest to the relevant committees in their consideration of the upcoming legislative proposals: initial appraisals of Commission impact assessments (provided by the Ex-Ante Impact Assessment Unit, IMPA) and implementation appraisals (provided by the Ex-Post Evaluation Unit, EVAL). The annex to the briefing provides, inter alia, a tentative indication of the committee concerned by the 82 legislative files included in the CWP 2021.

Amending Budget No 9/2020: Mobilisation of the EU Solidarity Fund

19-11-2020

Draft Amending Budget N°9/2020 (DAB 9/2020) accompanies the proposal to mobilise the European Union Solidarity Fund (EUSF) for a total of €823.5 million to provide assistance to Croatia and Poland in relation to natural disasters, and advance payments to seven Member States relating to a public health emergency. DAB 9/2020 proposes to enter in the 2020 general budget a total of €734.6 million in commitments and payments, after deducting the advance already paid to Croatia. The European Parliament ...

Draft Amending Budget N°9/2020 (DAB 9/2020) accompanies the proposal to mobilise the European Union Solidarity Fund (EUSF) for a total of €823.5 million to provide assistance to Croatia and Poland in relation to natural disasters, and advance payments to seven Member States relating to a public health emergency. DAB 9/2020 proposes to enter in the 2020 general budget a total of €734.6 million in commitments and payments, after deducting the advance already paid to Croatia. The European Parliament is set to vote on the Council position on DAB 9/2020 and on the proposal to mobilise the EUSF during the November II plenary session.

Coronavirus: Europe confronts the second wave [What Think Tanks are thinking]

09-11-2020

As the United States has been choosing its President, an explosion of cases in a second wave of the coronavirus pandemic has forced many governments in Europe to reintroduce strict confinement measures, including new lockdowns, curfews, bans on meetings and the closure of many businesses, notably in the hospitality and tourism sectors. The moves are meant to act as a firebreak on the exponential growth in Covid-19 infections and prevent health sectors in many countries from becoming overloaded. Whatever ...

As the United States has been choosing its President, an explosion of cases in a second wave of the coronavirus pandemic has forced many governments in Europe to reintroduce strict confinement measures, including new lockdowns, curfews, bans on meetings and the closure of many businesses, notably in the hospitality and tourism sectors. The moves are meant to act as a firebreak on the exponential growth in Covid-19 infections and prevent health sectors in many countries from becoming overloaded. Whatever happens next, economies will contract this year in the great majority of countries around the world, even if in varying degrees, with significant social and political implications. This note offers links to recent commentaries, studies and reports from major international think tanks on pandemic related issues. Earlier think tank studies on the issue can be found in the ‘What Think Tanks are Thinking’ of 23 October.

The coronavirus pandemic in Latin America

30-10-2020

Latin America is among the regions of the world worst affected by the Covid-19 pandemic, and its economies, employment and even human rights will suffer seriously. Governments, and regional and international organisations, including the EU, are making efforts to mitigate the consequences, but the results remain uncertain.

Latin America is among the regions of the world worst affected by the Covid-19 pandemic, and its economies, employment and even human rights will suffer seriously. Governments, and regional and international organisations, including the EU, are making efforts to mitigate the consequences, but the results remain uncertain.

Coronavirus: The second wave [What Think Tanks are thinking]

22-10-2020

A resurgence in the number of coronavirus infections since the summer has evidently turned into a second wave of the pandemic, which has now hit many European Union countries. The pandemic is putting renewed pressure on European health systems, and authorities are introducing stringent but targeted preventive measures in a bid to cushion the negative economic impacts while preserving people's health and ensuring hospitals are not once again overwhelmed. An increasing number of EU countries are clamping ...

A resurgence in the number of coronavirus infections since the summer has evidently turned into a second wave of the pandemic, which has now hit many European Union countries. The pandemic is putting renewed pressure on European health systems, and authorities are introducing stringent but targeted preventive measures in a bid to cushion the negative economic impacts while preserving people's health and ensuring hospitals are not once again overwhelmed. An increasing number of EU countries are clamping down on travel and imposing strict social distancing measures, such as night-time curfews in major cities and limits on social contacts, although most schools and businesses remain open throughout Europe. The International Monetary Fund said in its October World Economic Outlook (WEO) that global growth in 2020 is projected at -4.4 per cent owing to the pandemic, a less severe contraction than forecast in the June 2020 WEO. The revision reflects better than anticipated second quarter GDP outturns – mostly in advanced economies, where activity bounced back sooner than expected following the scaling back of national lockdowns in May and June – as well as indications of a stronger recovery in the third quarter. This note offers links to recent commentaries, studies and reports from major international think tanks on pandemic related issues. Earlier think tank studies on the issue can be found in the 'What Think Tanks are Thinking' of 25 September.

Towards a more resilient Europe post-coronavirus: Capabilities and gaps in the EU's capacity to address structural risks

09-10-2020

The current coronavirus crisis emphasises the need for the European Union to devote more effort to anticipatory governance, notably through analysis of medium- and long-term global trends, as well as structured contingency planning and the stress-testing of existing and future policies. In order to contribute to reflection on and discussion about the implications of the coronavirus pandemic for EU policy-making, this paper builds on an initial ‘mapping' of some 66 potential structural risks which ...

The current coronavirus crisis emphasises the need for the European Union to devote more effort to anticipatory governance, notably through analysis of medium- and long-term global trends, as well as structured contingency planning and the stress-testing of existing and future policies. In order to contribute to reflection on and discussion about the implications of the coronavirus pandemic for EU policy-making, this paper builds on an initial ‘mapping' of some 66 potential structural risks which could confront Europe over the coming decade. Taking 33 risks which are assessed as being more significant or likely, it looks first at the capabilities which the EU and its Member States already have to address those risks, and then looks at the various gaps in policy and instruments at the Union's disposal, suggesting possible approaches to overcome them in the short and medium terms.

European Union involvement in the United Nations system: Broad partnership based on shared commitment to multilateralism

22-09-2020

Over the years, the EU has become a key player in the United Nations system. The UN remains an organisation of sovereign states, and this is reflected in the functioning of its bodies, agencies and programmes. The EU enjoys observer status in many of these and is the only international organisation to have secured enhanced observer status in the UN General Assembly. The EU leverages its influence through its significant financial contribution to the UN system, through its enhanced partnerships with ...

Over the years, the EU has become a key player in the United Nations system. The UN remains an organisation of sovereign states, and this is reflected in the functioning of its bodies, agencies and programmes. The EU enjoys observer status in many of these and is the only international organisation to have secured enhanced observer status in the UN General Assembly. The EU leverages its influence through its significant financial contribution to the UN system, through its enhanced partnerships with various entities within the UN system, and through close coordination with its Member States on positions to be defended in the organisation.

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