Blockchain has the potential to promote compliance with traditional ethical principles, especially in the fields of healthcare, supply chain management and food safety. Continue reading
Preserving the ability of banks to continue lending to companies, especially small and medium-sized enterprises, is key when it comes to softening the economic impact of the pandemic and easing recovery. Continue reading
The period from the fall of the Berlin Wall to the global financial crisis of 2007 marked an era of fast-growing interdependence between different economies and cultures, brought about by cross-border movements of people, goods, services, capital and data. Continue reading
The role of the European Council is to ‘provide the Union with the necessary impetus for its development’ and to define its ‘general political directions and priorities’. Continue reading
As the coronavirus pandemic now appears to have peaked in several parts of the world, analysts are turning their attention to how best to revive economies from the abrupt and severe economic downturns they have been suffering as result of the lockdowns imposed over the last three months. Continue reading
In addition to the tragic loss of human lives, the ongoing novel coronavirus pandemic will have severe consequences for the European economy. Common action at EU level and coordinated long-term strategic action at international level is more necessary than ever before. Continue reading
At the first meeting chaired by the new President of the European Council, Charles Michel, EU Heads of State or Government gathered for meetings of the European Council, the European Council’s Article 50 formation and the Euro Summit. Continue reading
The financial crisis began with the collapse of Lehman Brothers, starting a worldwide chain reaction. The EU economy contracted for five consecutive quarters, with growth returning only in the second half of 2009. Continue reading
As of 2020, Facebook’s cryptocurrency project Libra promises to connect everybody to the global, digital world of banking. The introduction of a privately governed currency could fundamentally challenge the current EU financial framework, conflict with EU law and tax requirements, and violate consumer rights. Continue reading
Highlights of the March II plenary session included debates on the conclusions of the 21-22 March 2019 European Council meeting and on recent developments on the Dieselgate scandal. Parliament also debated the situation in Algeria and the illegal occupation of Crimea by the Russian Federation. Important debates also took place on various legislative proposals, including on interoperability between EU information systems. Continue reading
On 24 May 2018, the Commission published three proposals for regulations reflecting the EU’s efforts to connect finance with its own sustainable development agenda. The proposals include measures to: create an EU sustainable finance taxonomy; make disclosures relating to sustainable investments and sustainability risks clearer; and establish low-carbon benchmarks. Continue reading
The recessions resulting from the financial crisis that broke out at the end of the last decade have caused economic difficulties for more and more EU companies and citizens in recent years, leaving them unable to repay their loans. Continue reading
Tax policy, and the fight against tax fraud, have gained particular exposure over the five past years as a result of the light shed by repeated tax leaks and the related journalistic investigations. Continue reading
Since its launch in November 2014, the Investment Plan for Europe (IPE) has had considerable success in mobilising private investment across Europe. Despite its success, investment levels in Europe remain below pre-crisis levels. Continue reading
Due to the recessions brought about by the financial crisis from the end of the past decade, more and more EU companies and citizens have faced economic difficulties in recent years and have been unable to repay their loans. Continue reading
The financial technology (fintech) sector encompasses firms that use technology-based systems either to provide financial services and products directly, or to make the financial system more efficient. Continue reading
The Guarantee Fund for External Actions (GFEA) backs loans and loan guarantees granted to non-EU countries, or to finance projects in non-EU countries. Continue reading
On 13 and 14 December, EU Heads of State or Government will hold their last meeting of 2018. Their discussions will mainly focus on the 2021-2027 Multiannual Financial Framework (MFF), the single market and migration. Continue reading
In the context of the Commission’s proposal for a multiannual financial framework (MFF) for the 2021-2027 period, the Commission published a proposal for a regulation establishing the Neighbourhood, Development and International Cooperation Instrument (NDICI) on 14 June 2018. Continue reading
Technological systems, once introduced in a particular socio-economic context, often evolve in unforeseen ways and may fall prey to unexpected power relations. Continue reading