The purpose of this paper is to assess the Tacis programme thirteen years after its inception. Using a combination of economic and social indicators, the paper shows the very high cost of the transition from a centrally planned to a market economy in the case of the thirteen Tacis countries. The...

The aim of this document is to highlight the contribution of Europe’s civil society organisations represented at the European Economic and Social Committee (EESC) on the Single Market debate. The EESC has been closely following the Single Market from the civil society perspective and set up...

This document sets out a summary of the responses received by ESMA regarding the procedural rules to impose fines and periodic penalty payments to TRs and includes ESMA’s final technical advice to the Commission on the future Regulation on the procedural rules to impose fines and periodic...

ESMA delivers second set of advice on EMIR equivalenceFollowing its technical advice published on 9 September 2013, the European Securities and Market Authority (ESMA) has published a supplement to its advice to the European Commission on the equivalence of the regulatory regime for central...

This report presents an overall experimental framework for ecosystem capital accounting. It is based on the to implement simplified ecosystem capital accounts for Europe as a 'fast-track' initiative launched by the European Environment Agency in 2010. The experimental framework highlights...

This is a survey on the recent game theoretic literature on committee decision making. We consider theoretical work on the role of (i) strategic voting, (ii) costly information acquisition, (iii) conflicting interests, and (iv) communication in committees. Moreover, we review recent experimental...

This paper investigates the in inflationary effects of fscal policy in an optimizing general equilibrium monetary model with capital accumulation, exible prices and wealth effects. The model is calibrated to Euro Area quarterly data. Simulation results show that government defcits, high debt...