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to political debates that emphasise the cost of EU spending rather than the benefits, and add to the perception of the EU … budget in terms of net balances, rather than value added. • The financing of the EU budget must be reassessed in the light of … the July 2020 decision to launch the Next Generation EU programme. Budget resources could include a plastics charge, a …
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European Commission's proposal to issue up to €750 billion in EU debt to finance its recovery plan is a step in the right … strong grip on revenues. To be politically sustainable, similar central control would be needed in the EU. The treaty …-based EU framework is the closest to fulfilling these criteria with political accountability through the European Parliament …
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whether the ECB measures are compatible with its price-stability mandate and with the limits set by the EU Treaties … the EU Treaties and the criteria set by the EU Court of Justice in its rulings on previous ECB asset purchase programmes …-offs. Dealing with these is a political task and the ECB should welcome some clear guidance from the European Parliament and EU …
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When it became clear that the COVID-19 pandemic required widespread lockdown of all but essential firms, most governments took measures to protect vulnerable workers and firms from the worst effects of the sudden drop in activity. These measures included unemployment benefits, grants, transfers,...
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In the aftermath of the financial crisis, the question of how to handle a big bank’s collapse has arisen. Large banks perform functions that if disrupted could seriously damage the financial sector and the real economy. The European Union’s new resolution regime introduced by the Bank...
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United States, especially, do not separate economic interests from geopolitical interests in the same way the EU does. They … considers how the EU and its member states can better protect European economic sovereignty in a range of areas, including state … area, we recommend ways to improve the EU’s capacity to wield economic power, without advocating increased protectionism or …
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The European Union created the European Globalisation Adjustment Fund (EGF) in 2007 to co-fund, together with EU member … that the EU, which has exclusive competence over trade policy, needed to assume some budgetary responsibility for the … years of implementation and in the context of the negotiations on the EU’s 2021-27 Multiannual Financial Framework. The EGF …
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