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• Roughly two thirds of the European Union's budget is financed out of member states' national tax revenues. These resources, based on gross national incomes, are transparent, fair and in line with the principle of subsidiarity but they lead to political debates that emphasise the cost of EU...
Persistent link: https://www.econbiz.de/10012306800
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,...
Persistent link: https://www.econbiz.de/10012257781
aid to domestic industries, competition policy, investment screening, export controls, the international role of the euro …
Persistent link: https://www.econbiz.de/10012025345
and green bonds. Requiring compliance with strict environmental regulations as a condition to access the EU market will be …
Persistent link: https://www.econbiz.de/10012433888
The European Union's banking union project started in mid-2012 in response to the euro-area crisis, with the goal of … an integrated supranational market for banking services. For all the progress achieved in the past decade, particularly … breaking the bank-sovereign vicious circle), and 'cosmic' (a single, seamlessly integrated banking market). European …
Persistent link: https://www.econbiz.de/10013494089
France's President Emmanuel Macron and Germany's Chancellor Olaf Scholz have stressed the geopolitical emergency of re-designing the European Union's relationship with its neighbourhood. Both acknowledge that EU enlargement is necessary, but also emphasise that profound EU institutional reform...
Persistent link: https://www.econbiz.de/10013373371
respect, it is important to distinguish between oil and gas. For oil, Russia can diversify away from the EU market and …, despite sanctions, sell on the world market where it operates as a price taker. For gas, the European Union has substantial … leverage because Russia depends on the pipeline infrastructure linking it to the European market. However, gas supply from …
Persistent link: https://www.econbiz.de/10013274124