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crisis

This tag is associated with 40 posts

Child poverty in the European Union: The crisis and its aftermath

Written by Marie Lecerf, More than one in four children in the European Union (EU) is at risk of poverty or social exclusion. The poverty rate for children is higher than that for any other age group, though it varies widely across Member States. Furthermore, between 2008 and 2014, Europe has witnessed a rise in … Continue reading

Vulnerable social groups: Before and after the crisis

Written by Monika Kiss, ‘Vulnerable social groups’ are groups of people considered to be at risk of poverty or social exclusion because of physical disabilities, age factors, ethnic origins, lack of housing, or substance abuse. These people, who were already struggling with financial, social and employment difficulties before the 2008 economic crisis, have become further … Continue reading

Ukraine after Minsk II: the next level

Written by Naja Bentzen and Giulio Sabbati One month after leaders from France, Germany, Ukraine and Russia reached a 13-point peace agreement in Minsk on 12 February 2015 – Minsk II, a follow-up to the September 2014 Minsk Protocol – the ceasefire is shaky, although it has at least reduced the number of deaths in … Continue reading

The Ebola Outbreak: Lessons learned

Written by Guillermo Garrido-Lestache On 4 March 2015, the European Parliament’s Science and Technology Options Assessment (STOA) Panel hosted a workshop on ‘The Ebola Outbreak: Challenges and Perspectives.’ Research scientists, field workers and disease surveillance and prevention experts met with Members of the European Parliament to consider the lessons learned from the ongoing Ebola outbreak, … Continue reading

EU’s response to the Ebola outbreak

The first identified outbreak of the haemorrhagic fever Ebola took place in 1976. Almost 40 years later there is no approved drug or medical treatment to cure this dangerous disease. The new Ebola epidemic that begun in March this year is spreading through West African countries and local and international medical efforts are proving insufficient … Continue reading

The European Central Bank: stable money

The European Central Bank has a growing portfolio of responsibilities, but its essential job is to keep our common currency stable. The ECB has been responsible for the monetary policy of the euro area since 1999. Continue reading

Crisis in Central African Republic: the EU response

Long viewed as a fragile state, the Central African Republic (CAR) is now confronted with a deep political, security and humanitarian crisis, which reached a peak in December 2013. The EU is the main donor to CAR and has stepped up its humanitarian and development aid in response to the crisis. An escalating crisis The … Continue reading

Democratic Deficit in the Economic Governance of the EU

The financial crisis and the anti-crisis measures thereafter highlighted the issue of democratic scrutiny over decisions taken by the European Council and the Member States (MS) outside the framework of the European Union (EU). This has triggered debate about the EU’s democratic deficit in the area of the Economic Governance, because of the limited powers … Continue reading

Austerity, labour market and international treaties. Cases of four EU countries in receipt of financial assistance

Due to the global financial crisis and the European sovereign debt crisis several European countries (in particular Greece, Ireland Portugal and Spain) were forced to ask for financial assistance. In return they had to commit to implement so-called austerity measures aimed at reducing their budget deficits. These countries also agreed to implement structural changes such as labour market reforms in order to improve their competitiveness. … Continue reading

EU budget for growth and employment – In Focus

The EU has recently set its budgetary priorities for the next seven years, adopting the 2014-20 Multiannual Framework Programme (MFF). Two briefings present the key points of the agreement and its flexibility provisions allowing some additional room for maneuver in multi-year planning to promote growth and to fight unemployment. Overall, the 2014-20 MFF allocates up … Continue reading

Social dimension of austerity measures: Cases of four EU countries in receipt of financial assistance

The economic and financial crisis has been affecting the EU since 2008. The effects of growing budgetary deficits have included the increase in governments’ borrowing costs to unsustainable levels in Greece, Portugal, Ireland and Spain, forcing them to request financial assistance. In return, they committed themselves to reducing the deficits through spending cuts and increases … Continue reading

Emergency response and civil protection

6 language versions available in PDF format Notfalleinsätze und Katastrophenschutz Reacción urgente y protección civil Intervention d’urgence et protection civile Risposta alle emergenze e protezione civile Działania w sytuacjach wyjątkowych i ochrona ludności Emergency response and civil protection The European Union’s Civil Protection Mechanism (UCPM) and the European Commission’s Emergency Response Coordination Centre (ERCC) provide … Continue reading

Hard Times and what the EU is doing about them? Cohesion Week on the Library Blog

EU Regional Policy – aiming for economic growth and social cohesion How does the EU promote economic growth and social cohesion and reduce levels of disparity between EU regions? EU cohesion policy attacks on all fronts: targeting energy efficiency, improvement in transport and internet links to far-flung regions, promoting e-health and innovation, and tackling measures … Continue reading

Effects of budgetary constraints for regional and local authorities regarding the EU’s Structural Funds expenditure in the Member States

The economic and sovereign debt crisis has had a great impact on local finances, discouraging investments and compromising the future economic growth of the regions as it is emphasized in a study committed by the Committee of the Regions (CoR). Moreover, the surge of public expenditure led to a fiscal crisis, which exposed the regulatory … Continue reading

EP strengthens transparency and accountability of single banking supervisor

On 12 September 2013 the European Parliament approved a single supervisory mechanism (SSM) for EU banks. MEPs voted on two legislative texts concerning the European Commission’s proposal to establish the SSM (EP’s consultation was required) and the amended role of the European Banking Authority (EBA) in the new supervisory structure. The Presidents of EP and … Continue reading

Implementing the EU internal security strategy

Within the area of freedom, security and justice, the EU needs to ensure the balance between civil liberties and a high level of security. In March 2010, the European Council approved the EU internal security strategy (ISS). The Commission’s agenda for implementing the ISS concludes in 2014, and therefore discussions on the strategy beyond 2014 … Continue reading

Toughening EU rules on market abuse

Responding to the economic crisis and recent scandals in financial institutions, the European Commission (EC) has proposed to strengthen the financial-market abuse framework. Undermining market integrity Banks have been struggling to recover from the 2008 financial crisis and trying to lose their negative image, but recent market abuse scandals (e.g. Libor manipulation and investment bankers’ … Continue reading

Youth Guarantees in the EU

Published 17 July 2013, updated 2 March 2015. On 27 June 2013, EU leaders agreed on a youth jobless fund to implement the 2014-2020 youth employment package announced in December 2012. €6 bn will be made available in the first two years to finance national actions such as (non-binding) youth guarantees. These foresee that anyone under the … Continue reading

European defence in times of austerity

Last update: December 2013 “Pooling and Sharing” and “Smart Defence” The economic crisis and subsequent substantial cuts in national defence budgets have put the military capabilities of the EU MS considerably under strain.  It has also triggered the necessity for improved and better coordinated military cooperation between Member States’ armed forces. According to a RAND study, … Continue reading

European Globalisation Adjustment Fund: Tackling job losses due to changes in trade patterns

[updated on 9/09/2013] Created in 2007, the European Globalisation Adjustment Fund (EGF) is the flexibility instrument in the EU budget for interventions in case of mass redundancies caused by major changes in global trade. It aims to help dismissed workers find new jobs through a package of tailor-made services. From May 2009 to December 2011, … Continue reading

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