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EPRS briefings

This tag is associated with 586 posts

Understanding the macroeconomic imbalance procedure: Origin, rationale and aims

Written by Christian Scheinert, Both the global financial crisis and the European sovereign debt crisis uncovered a high level of macroeconomic imbalances, which constituted major economic fault-lines, and led to the spread and acceleration of these crises. Imbalances had built up over years, sometimes decades, and correcting them proved to be a long and painful … Continue reading

Understanding ‘development effectiveness’: An overview of concepts, actors and tools

Written by Eric Pichon, In the context of the limited availability of development aid, there is increased demand for effective results. This means that both developed and developing countries must commit to spending and using aid more effectively. Public funding is not enough to cover all needs, but can leverage initiatives from civil society or … Continue reading

Post-2020 reform of the EU Emissions Trading System [EU Legislation in Progress]

Written by Gregor Erbach (6th edition), In July 2015, the European Commission proposed a reform of the EU Emissions Trading System (ETS) for the period 2021-2030, following the guidance set by the October 2014 European Council. The proposed directive introduces a new limit on greenhouse gas (GHG) emissions in the ETS sector to achieve the … Continue reading

Common consolidated corporate tax base (CCCTB) [EU Legislation in Progress]

Written by Gustaf Gimdal (1st edition), The European Commission has decided to re-launch the common consolidated corporate tax base (CCCTB) project in a two-step approach, with the publication on 25 October 2016 of two new interconnected proposals: on a common corporate tax base (CCTB), and on a common consolidated corporate tax base (CCCTB). The 2011 CCCTB proposal … Continue reading

Motor vehicles: New approval and market surveillance rules [EU Legislation in Progress]

Written by Didier Bourguignon (4th edition), The automotive industry is a major player in the European economy, accounting for 6.4% of gross domestic product and 2.3 million jobs in the European Union (EU). In September 2015, the Volkswagen (VW) case highlighted weaknesses in the implementation of type-approval rules for motor vehicles in the European Union, … Continue reading

Amending capital requirements: The ‘CRD-V package’ [EU Legislation in Progress]

Written by Andrej Stuchlik (1st edition), Despite significant progress since the financial crisis of 2007-2008, the overhaul of the financial regulatory framework remains a European Commission priority. The existing Capital Requirements Directive and Regulation (the ‘CRD-IV package’) set the prudential framework for financial institutions operating in the EU. The proposed amendments to the package implement … Continue reading

How Congress and President shape US foreign policy

Written by Micaela Del Monte and Elena Lazarou, 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 … Continue reading

Common procedure for asylum [EU Legislation in progress]

Written by Anita Orav (1st edition), As one of five key acts of the common European asylum system (CEAS), the Asylum Procedures Directive sets out common procedures for Member States for granting and withdrawing international protection in accordance with the Qualification Directive. Following the large influx of asylum-seekers to the European Union since 2014, the … Continue reading

Risk-preparedness in the electricity sector [EU Legislation in Progress]

Written by Gregor Erbach (1st edition), On 30 November 2016, the European Commission adopted a proposal for a regulation on risk-preparedness in the electricity sector. This proposal addresses shortcomings in the existing legislation, notably a lack of regional coordination, and differing national rules and procedures. It would replace the existing legislation, and establish common rules … Continue reading

Financial technology (FinTech): Prospects and challenges for the EU [Policy Podcast]

Written by Cemal Karakas, Carla Stamegna, FinTech, the abbreviation for financial technology, is a broad term. It is mainly used to refer to firms that use technology-based systems either to provide financial services and products directly, or to try to make the financial system more efficient. Examples include robotic trading, cashless payments, crowdfunding platforms, robo-advice, … Continue reading

EU certification of aviation security screening equipment [EU Legislation in Progress]

Written by Ariane Debyser (1st edition), On 7 September 2016, the European Commission adopted a proposal for a regulation establishing a certification system for aviation security screening equipment. The proposal seeks ‘to contribute to the proper functioning of the EU internal market and to increase the global competitiveness of the EU industry by establishing an … Continue reading

Mapping the future of Syria: State of play and options

Written by Patryk Pawlak, Despite the humanitarian and security crisis, progress towards a United Nations (UN) negotiated political settlement of the conflict has been slow, mostly on account of disagreement over President Bashar al-Assad’s future. The adoption of UN Security Council Resolution 2254 on 18 December 2015 – setting out a roadmap for a peace … Continue reading

Towards low-emission EU mobility

Written by Marketa Pape, While EU transport systems provide the mobility European society needs, they also create severe environmental pressures and are responsible for a quarter of EU greenhouse gas (GHG) emissions. Transport activity is expected to grow still further and become the largest source of EU GHG emissions after 2030. Meanwhile, the EU has … Continue reading

Spirit drinks: Definition, labelling and geographical indications [EU Legislation in Progress]

Written by Tarja Laaninen (1st edition), In December 2016, the European Commission proposed to replace Regulation (EC) No 110/2008 – the Spirit Drinks Regulation – with a new one, with the aim of aligning it with the Treaty on the Functioning of the European Union (TFEU). The proposal mainly involves grouping the provisions adopted by the … Continue reading

Understanding social dumping in the European Union

Written by Monika Kiss, Although a recurring term in discussions related to working mobility, wages and the social security of workers, social dumping has neither a generally accepted definition, nor easily definable limits. It is rather a set of practices on an international, national or inter-corporate level, aimed at gaining an advantage over competitors, which … Continue reading

Hybrid mismatches with third countries [EU Legislation in Progress]

Written by Cécile Remeur (1st edition), Hybrid mismatch is a situation where a cross-border activity is treated differently for tax purposes by the countries involved, resulting in favourable tax treatment. Hybrid mismatches are used as aggressive tax planning structures, which in turn trigger policy reactions to neutralise their tax effects. When adopting the Anti-Tax Avoidance … Continue reading

Structural reform support programme 2017-2020 [EU Legislation in Progress]

Written by Agnieszka Widuto (3rd edition), Structural reforms have been identified as crucial to accelerating economic recovery, boosting growth and reducing unemployment. In November 2015, the European Commission proposed to establish the Structural Reform Support Programme 2017-2020, to provide Member States with technical assistance in designing and implementing structural reforms. The proposed budget is €142.8 million, … Continue reading

Multiannual plan for small pelagic fish stocks in the Adriatic Sea [EU Legislation in Progress]

Written by Jean Weissenberger (1st edition), The European Commission tabled, on 24 February 2017, a proposal for a regulation establishing a multiannual plan to manage fisheries of small pelagic fish stocks (anchovy and sardine) in the Adriatic Sea. These stocks, which are in a poor state, are exploited mainly by Italian and Croatian fishing vessels. The European … Continue reading

Recovery and resolution of central counterparties (CCPs) [EU Legislation in Progress]

Written by Carla Stamegna (1st edition), In recent years, the role and systemic importance of central counterparties (CCPs) has expanded with the gradual implementation of the obligation to centrally clear liquid and standardised over-the-counter (OTC) derivatives. The relevant EU regulatory framework lays down prudential requirements for CCPs, as well as requirements regarding their operation, oversight … Continue reading

Use of the Schengen Information System for the return of illegally staying third-country nationals [EU Legislation in Progress]

Written by Costica Dumbrava (1st edition), The Schengen Information System (SIS) is a large-scale information database that supports external border control and law enforcement cooperation in the Schengen states. It enables competent authorities, such as police and border guards, to enter and consult alerts on certain categories of wanted or missing persons and lost or … Continue reading

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The content of all documents (and articles) contained in this blog is the sole responsibility of the author and any opinions expressed therein do not necessarily represent the official position of the European Parliament. It is addressed to the Members and staff of the EP for their parliamentary work. Reproduction and translation for non-commercial purposes are authorised, provided the source is acknowledged and the European Parliament is given prior notice and sent a copy. Copyright © European Union, 2014. All rights reserved