We use a Vector Auto Regression (VAR) analysis to explore the (spill-over) effects of fiscal policy shocks in Europe. To enhance comparability with the existing literature, we first analyse the effects of these shocks at the national level. Here, we employ identification based on Choleski...

The purpose of this paper is to analyse whether fiscal policies can alleviate the effects of the zero lower bound (ZLB) on interest rates and if they should be coordinated internationally. The analysis is carried out using EAGLE, a DSGE model of the global economy. We consider that the fiscal...

Transport contributes to several environmental problems such as climate change, air emissions and noise and is at the same time favoured by significant subsidies. An EEA report identifies European transport subsidies worth at least EUR 270 to 290 billion a year. Road transport receives EUR 125...

The Commission wishes to provide further advice and support to Member States on how best to access and use EU funding mechanism for financing the management of the Natura 2000 network. The next phase in our awareness raising strategy is to link the use of the Guidance Handbook on financing...

Dieses Handbuch soll dabei helfen, die Kenntnis und den Einsatz von EU-Fonds für die Finanzierung von Natura 2000-Maßnahmen zu verbessern. Damit wird ein Beitrag zur Umsetzung von Natura 2000 und letzlich zum Schutz der Biodiversität in Europa geleistet.