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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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The fast development of vaccines is an essential part of the long-term solution to COVID-19, but vaccine development has high costs and carries the risk of high failure rates.There are currently too few promising projects in the clinical trial pipeline to guarantee at least one vaccine soon....
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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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Technological progress, such as robotics and artificial intelligence, is often blamed for the loss of jobs and rising income inequality. It is also linked to increasing inequality in the corporate landscape as superstar firms forge ahead in winner-takes-most markets. Our analysis shows that in...
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migration of financial firms from London to the EU27 (EU minus UK) to ensure they can continue to serve their EU27 clients. Four … major cities will host most of the new EU27 wholesale markets - Frankfurt, Paris, Dublin and Amsterdam. These cities have … three large French banks, will make up the core of the new EU27 wholesale markets. Some Dutch, Italian and Spanish banks are …
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