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This study assesses the first two ECB progress reports on the digital euro. It is socially desirable to have a digital euro. However, the envisaged design of the digital euro makes the use case for a digital euro from consumers’ point of view questionable, in part because it will offer less convenience than other, commercially provided, digital means of payment. This study lays out some desirable design features of a digital euro that can foster broad adoption.

This briefing focuses on policy measures to contain aggressive tax planning (ATP) that six Member States – Ireland, Cyprus, Luxembourg, Hungary, Malta and the Netherlands – have laid out in their individual national recovery and resilience plans, which were drawn up in order to benefit from the Next Generation EU (NGEU) recovery instrument. The countries were selected because their European Semester and 2019 and 2020 country-specific recommendations (CSRs) highlighted ATP concerns. ATP is a harmful ...

This briefing serves as background information for the CONT Committee meeting of 23 March 2023, featuring a discussion on preventing EU funds from ending up with individuals or companies tied to the EU-Russia sanctions list. It will give an overview of the EU-Russia sanctions framework, and discuss existing EU tools for protecting its financial interests, access to beneficial ownership data and EU initiatives to ensure sanctions enforcement.

This paper considers initiatives funded by the RRF to support SMEs in the digital transition. It concludes that while there are many areas of good practice, risks remain due to the lack of outcome-based targets, the complexity of some schemes and relatively low levels of funding in relation to the ambition in some cases. Introducing targets based on (preferably harmonised) skills frameworks and digital maturity assessments could help establish the value add of initiatives to support SMEs.

This briefing presents in a tabular manner the EU issuance of bonds and bills to finance the Next Generation EU, notably the Recovery and Resilience Facility.

This document compares the draft 2022 Country Specific Recommendations (CSRs) proposed by the Commission on 23 May 2022 with the 2022 CSRs adopted by the Council on 17 June 2022. The comparison is provided in order to facilitate the assessment of the "comply or explain" rule stipulated in Article 2-ab(2) of EU Regulation No 1175/2011: "The Council is expected to, as a rule, follow the recommendations and proposals of the Commission or explain its position publicly".

The Monthly Highlights publication provides an overview, at a glance, of the on-going work of the policy departments, including a selection of the latest and forthcoming publications, and a list of future events.

Ahead of the 2024 European elections, the European Commission has presented a proposal to amend Regulation 1141/2014 governing the statute and funding of European political parties (EUPPs) and foundations. The proposed amendments concern, inter alia, the funding provisions, transparency requirements and enforcement of the rules. This briefing examines the quality of the supporting impact assessment (IA), which outlines the problems encountered in applying the regulation, as identified in recent EU-level ...

This study, commissioned by the European Parliament’s Policy Department for Citizens’ Rights and Constitutional Affairs at the request of the AFCO Committee, provides an in-depth analysis of the key proposed changes to Regulation 1141/2014 on the statute and funding of European political parties and foundations. It assesses the extent to which the reformed regulation strengthens, as per art. 10(4) TEU, the capacity of Europarties to contribute to forming a European political awareness and expressing ...

While each macro-regional strategy is unique in terms of the countries it brings together and the scope of its policies, they all share a common aim: to ensure a coordinated approach to issues that are best tackled together. Building on the success of the pioneering 2009 European Union strategy for the Baltic Sea region, this form of cooperation has since become firmly embedded in the EU's institutional framework, with four strategies now in place, covering 19 Member States and 10 non-EU countries ...