European Parliamentary Research Service Blog
financial situation
Economic and Budgetary Outlook for the European Union 2020
Growth in the European Union and euro-area economies – albeit still positive – slowed significantly in 2019. Moreover, prospects for the next two years remain muted, against the backdrop of a generalised slowdown. Continue reading
Economic and Budgetary Outlook for the European Union 2019
This EPRS study, the third in an annual series, provides an overview of the economic and budgetary situation in the EU and beyond. It summarises the main economic indicators in the Union and euro area, and their two-year trends. Continue reading
Use of financial data for preventing and combatting serious crime [EU Legislation in Progress]
On 17 April 2018, the European Commission adopted a proposal for a directive intended to facilitate law enforcement authorities’ access to and use of financial information held in other jurisdictions within the EU for investigations related to terrorism and other serious crime. Continue reading
Ranking of unsecured debt instruments in insolvency hierarchy [EU Legislation in Progress]
Written by Angelos Delivorias (1st edition), Following the global financial crisis, the European Union extensively reformed its regulatory framework for financial services. With legislation such as the Bank Recovery and Resolution Directive (BRRD), it ensures that, through mechanisms such as ‘bail-in’, the recovery or restructuring of distressed financial institutions is done without spreading to other … Continue reading
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