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language version will be suggested automatically. These are shown by an icon representing the suggested language version. (e.g.: <span class="erpl_badge erpl_badge-language ml-25">FR</span> ). </div> </div> </div> <div class="row"> <div class="col-12"> <div class="separator separator-dotted mt-2 mb-2"></div> <div class="erpl_search-results-list erpl_documents europarl-expandable-async-parent" data-async-target-elements-selector=".erpl_search-results-list-expandable-block" data-async-call-index-param="page" data-async-call-current-index="0" data-async-call-url=""> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">The state of play of independent living and deinstitutionalisation for persons with disabilities in the EU</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">27-11-2024</span> <span class="erpl_document-subtitle-fragment ">754.233</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/empl" title="Committee on Employment and Social Affairs" class="erpl_badge erpl_badge-committee mr-25"> EMPL </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">Study</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/STUD/2024/754233/IPOL_STU(2024)754233_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(700 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: The right to independent living and community inclusion for the EU's 101 million citizens with disabilities is enshrined in Article 19 of the United Nations Convention on the Rights of Persons with Disabilities (UNCRPD) and is further supported by the EU Disability Strategy 2021–2030. This analysis provides a comprehensive overview of the current landscape, ongoing challenges, key stakeholder recommendations, and future political perspectives regarding independent living and deinstitutionalisation. This document was provided by the Policy Department for Economic, Scientific and Quality of Life Policies for the Committee on Employment and Social Affairs (EMPL). </div> <div class="mb-25 mt-1"> <strong>Authors </strong>: THOMAS ALIZÉE HELEN </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">The EU Strategy for the Rights of Persons with Disabilities 2021-2030 - Achievements and perspectives</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">25-11-2024</span> <span class="erpl_document-subtitle-fragment ">767.095</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/peti" title="Committee on Petitions" class="erpl_badge erpl_badge-committee mr-25"> PETI </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">Briefing</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/BRIE/2024/767095/IPOL_BRI(2024)767095_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(706 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: At the request of the PETI Committee, the Policy Department for Citizens' Rights and Constitutional Affairs prepared this briefing to present the EU Strategy for the Rights of Persons with Disabilities 2021-2030, which is the European Commission's policy framework for implementing the UN Convention on the Rights of Persons with Disabilities (UNCRPD). The strategy includes an ambitious set of actions and flagship initiatives until 2024 in various domains, linked to the UNCRPD. Five of the seven flagship initiatives have already been implemented, and the two remaining ones are expected to be published by early 2025. Most of the other policy actions included in the Strategy are also completed by 2024. Despite significant efforts to implement the UNCRPD across the EU, persistent gaps remain between persons with and without disabilities, for example, when it comes to poverty, access to jobs, inclusive education, housing, or healthcare services. </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Research for TRAN Committee Expected impacts of Fit for 55 legislation on connectivity and mobility in Europe</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">25-11-2024</span> <span class="erpl_document-subtitle-fragment ">752.458</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/tran" title="Committee on Transport and Tourism" class="erpl_badge erpl_badge-committee mr-25"> TRAN </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">At a Glance</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/ATAG/2024/752458/IPOL_ATA(2024)752458_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(166 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: ATAG to the study - Based on a comprehensive review of eleven legislative texts of the ‘Fit for 55’ package with a transport policy dimension, this study highlights the expected impacts they may produce on connectivity and mobility, encompassing the concepts of efficiency and effectiveness in the ability of passengers and goods to travel within the EU. </div> <div class="row"> <div class="col-12 col-md-6"> <div class="border mb-0 mt-2 p-1 erpl-select-driven-display-parent"> <div class="erpl_title-h5 mb-0">Linked documents</div> <br> <div class="form-group mb-2"> <label for="list-items-g_05fe7849-44ef-4462-8da8-3226afe0a5ed" class="sr-only">Linked documents</label> <select id="list-items-g_05fe7849-44ef-4462-8da8-3226afe0a5ed" class="es_select erpl_open-on-select" data-min-length-for-search="10"> <option selected disabled value="0">Select a document</option> <optgroup label="At a Glance"> <option data-auto-open-link="https://www.europarl.europa.eu/RegistreWeb/search/simpleSearchHome.htm?references=IPOL_ATA(2024)752458&language=EN&sortAndOrder=DATE_DOCU_DESC" data-auto-open-target="_self" value="0"> IPOL_ATA(2024)752458 </option> </optgroup> <optgroup label="Study"> <option data-auto-open-link="https://www.europarl.europa.eu/RegistreWeb/search/simpleSearchHome.htm?references=IPOL_STU(2024)752457&language=EN&sortAndOrder=DATE_DOCU_DESC" data-auto-open-target="_self" value="1"> IPOL_STU(2024)752457 </option> </optgroup> </select> </div> </div> </div> </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Research for TRAN Committee Expected impacts of Fit for 55 legislation on connectivity and mobility in Europe</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">25-11-2024</span> <span class="erpl_document-subtitle-fragment ">752.457</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/tran" title="Committee on Transport and Tourism" class="erpl_badge erpl_badge-committee mr-25"> TRAN </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">Study</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/STUD/2024/752457/IPOL_STU(2024)752457_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(3 MB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: Based on a comprehensive review of eleven legislative texts of the ‘Fit for 55’ package with a transport policy dimension, this study highlights the expected impacts they may produce on connectivity and mobility, encompassing the concepts of efficiency and effectiveness in the ability of passengers and goods to travel within the EU. </div> <div class="row"> <div class="col-12 col-md-6"> <div class="border mb-0 mt-2 p-1"> <div class="erpl_title-h5 mb-1">Document type</div> <br> <div class="erpl_title-h5 mb-1">Executive summary</div> <br> <div class="erpl_document-subtitle small mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf mr-1"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/STUD/2024/752457/IPOL_STU(2024)752457(SUM01)_DE.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> DE <span class="ml-25 erpl_format-pdf">(163 KB)</span> </span> </a> <a href="https://www.europarl.europa.eu/RegData/etudes/STUD/2024/752457/IPOL_STU(2024)752457(SUM01)_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="ml-25 erpl_format-pdf">(197 KB)</span> </span> </a> <a href="https://www.europarl.europa.eu/RegData/etudes/STUD/2024/752457/IPOL_STU(2024)752457(SUM01)_ES.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> ES <span class="ml-25 erpl_format-pdf">(171 KB)</span> </span> </a> <a href="https://www.europarl.europa.eu/RegData/etudes/STUD/2024/752457/IPOL_STU(2024)752457(SUM01)_FR.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> FR <span class="ml-25 erpl_format-pdf">(158 KB)</span> </span> </a> <a href="https://www.europarl.europa.eu/RegData/etudes/STUD/2024/752457/IPOL_STU(2024)752457(SUM01)_IT.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> IT <span class="ml-25 erpl_format-pdf">(165 KB)</span> </span> </a> </div> </div> </div> </div> <div class="col-12 col-md-6"> <div class="border mb-0 mt-2 p-1 erpl-select-driven-display-parent"> <div class="erpl_title-h5 mb-0">Linked documents</div> <br> <div class="form-group mb-2"> <label for="list-items-g_2be72d9d-63de-4862-822e-f89bd379fd06" class="sr-only">Linked documents</label> <select id="list-items-g_2be72d9d-63de-4862-822e-f89bd379fd06" class="es_select erpl_open-on-select" data-min-length-for-search="10"> <option selected disabled value="0">Select a document</option> <optgroup label="At a Glance"> <option data-auto-open-link="https://www.europarl.europa.eu/RegistreWeb/search/simpleSearchHome.htm?references=IPOL_ATA(2024)752458&language=EN&sortAndOrder=DATE_DOCU_DESC" data-auto-open-target="_self" value="0"> IPOL_ATA(2024)752458 </option> </optgroup> <optgroup label="Study"> <option data-auto-open-link="https://www.europarl.europa.eu/RegistreWeb/search/simpleSearchHome.htm?references=IPOL_STU(2024)752457&language=EN&sortAndOrder=DATE_DOCU_DESC" data-auto-open-target="_self" value="1"> IPOL_STU(2024)752457 </option> </optgroup> </select> </div> </div> </div> </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Assessing the Debt Sustainability Analysis Methodology in the EU’s New Economic Governance Framework</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">25-11-2024</span> <span class="erpl_document-subtitle-fragment ">764.180</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/econ" title="Committee on Economic and Monetary Affairs" class="erpl_badge erpl_badge-committee mr-25"> ECON </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">In-Depth Analysis</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/IDAN/2024/764180/IPOL_IDA(2024)764180_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(596 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: This paper argues that the debt sustainability methodology in the EU new economic governance framework, while analytically sound, faces major implementation challenges. Primary among these is the reliance on a non-observable variable (the volatility of future debt-to-GDP ratios) that must be estimated based on ad hoc procedures that may affect significantly the required decline in the debt ratio after the end of the adjustment period and, hence, the primary surplus that a Member State needs to achieve during the adjustment period. </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Comparability of Statistical Data on Persons with Disabilities across the EU</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">21-11-2024</span> <span class="erpl_document-subtitle-fragment ">754.219</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/empl" title="Committee on Employment and Social Affairs" class="erpl_badge erpl_badge-committee mr-25"> EMPL </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">Study</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/STUD/2024/754219/IPOL_STU(2024)754219_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(4 MB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: The present study aims to provide an overview of available data at the national and European levels and pinpoint any limitations. The study finds that in different areas available national data are not comparable and makes recommendations to increase their comparability. In other fields, there is a lack of data, and the study proposes methods to collect statistics which help policymakers to design relevant policies in favour of persons with disabilities. This document was provided by the Policy Department for Economic, Scientific, and Quality of Life Policies at the request of the Committee on Employment and Social Affairs. </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">The new economic governance framework: implications for monetary policy</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">20-11-2024</span> <span class="erpl_document-subtitle-fragment ">760.268</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/econ" title="Committee on Economic and Monetary Affairs" class="erpl_badge erpl_badge-committee mr-25"> ECON </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">In-Depth Analysis</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/IDAN/2024/760268/IPOL_IDA(2024)760268_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(1 MB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: This paper studies the implications for the European Central Bank (ECB) of the new EU fiscal framework, focusing on five aspects where monetary and fiscal policies intersect: (1) fiscal dominance over monetary policy; (2) fiscal drag created by the new framework; (3) moral hazard created by very low interest rates; (4) the effectiveness of the ECB’s Transmission Protection Instrument (TPI), and (5) the impact of the new framework on green public investment. This document was provided by the Economic Governance and EMU Scrutiny Unit at the request of the Committee on Economic and Monetary Affairs (ECON) ahead of the Monetary Dialogue with the ECB President on 4 December 2024. </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Recent inflation developments and the EU budget: Country-specific impacts and policy options</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">19-11-2024</span> <span class="erpl_document-subtitle-fragment ">767.094</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/cont" title="Committee on Budgetary Control" class="erpl_badge erpl_badge-committee mr-25"> CONT </a> <a href="https://www.europarl.europa.eu/committees/en/budg" title="Committee on Budgets" class="erpl_badge erpl_badge-committee mr-25"> BUDG </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">Study</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/STUD/2024/767094/IPOL_STU(2024)767094_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(3 MB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: The recent high inflation affects EU Member States differently. It is therefore important to quantify country-specific inflation impacts in regard to the implementation of the EU budget. This in-depth study focuses on country-specific inflation effects regarding research expenditures, Cohesion Policy, the Common Agricultural Policy, and NextGenerationEU. Moreover, policy options and recommendations at EU level to prevent adverse effects of future inflation shocks on the EU budget are identified and discussed. This document was provided at the request of the BUDG Committee. </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Research for PECH Committee - The future of the EU fishing fleet − First assessment of Member States’ EMFAF programmes for 2021-27</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">18-11-2024</span> <span class="erpl_document-subtitle-fragment ">759.324</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/pech" title="Committee on Fisheries" class="erpl_badge erpl_badge-committee mr-25"> PECH </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">Study</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/STUD/2024/759324/IPOL_STU(2024)759324_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(1 MB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: This workshop provides a first assessment of the programming of the EMFAF for the period 2021-27. It focuses on Article 17 on “First acquisition of a fishing vessel”, Article 18 on “Engine replacement or modernisation” and Article 19 on “Increase of gross tonnage to improve safety, working conditions or energy efficiency”. While a synopsis study provides a general overview of the implementation of the EMFAF by Member States, three case studies on Spain, France and the Netherlands discuss the national specificities of the fishing fleets and the support provided under the current EMFAF rules. </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">EU contingent financial liabilities</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">13-11-2024</span> <span class="erpl_document-subtitle-fragment ">764.906</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/cont" title="Committee on Budgetary Control" class="erpl_badge erpl_badge-committee mr-25"> CONT </a> <a href="https://www.europarl.europa.eu/committees/en/budg" title="Committee on Budgets" class="erpl_badge erpl_badge-committee mr-25"> BUDG </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">Study</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/STUD/2024/764906/IPOL_STU(2024)764906_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(1 MB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: Contingent liabilities for the EU budget have grown considerably in their magnitude and their complexity and will continue to increase under the MFF 2021-2027. This paper tracks their evolution, explains the risks they might impose on the EU budget, and analyses the risk management practices to address them. We forecast total contingent liabilities will more than double by 2027, reaching EUR 612 billion. This will be driven mainly by RRF loans and, to a lesser extent, by financial support to Ukraine. </div> <div class="row"> <div class="col-12 col-md-6"> <div class="border mb-0 mt-2 p-1"> <div class="erpl_title-h5 mb-1">Linked documents</div> <br> <div class="erpl_title-h5 mb-1">At a Glance</div> <br> <div class="erpl_document-subtitle small mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-doc mr-1"> <use xlink:href="#es_icon-doc"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegistreWeb/search/simpleSearchHome.htm?references=IPOL_ATA(2024)766536&language=EN&sortAndOrder=DATE_DOCU_DESC" class="erpl_document-subtitle-doc"> <span class="t-y"> IPOL_ATA(2024)766536 </span> </a> </div> </div> </div> </div> </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Study in Focus: EU contingent financial liabilities</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">13-11-2024</span> <span class="erpl_document-subtitle-fragment ">766.536</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/cont" title="Committee on Budgetary Control" class="erpl_badge erpl_badge-committee mr-25"> CONT </a> <a href="https://www.europarl.europa.eu/committees/en/budg" title="Committee on Budgets" class="erpl_badge erpl_badge-committee mr-25"> BUDG </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">At a Glance</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/ATAG/2024/766536/IPOL_ATA(2024)766536_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(293 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: The original full study tracks the evolution of EU contingent liabilities. Contingent liabilities for the EU budget have grown considerably in their magnitude and complexity and will continue to increase under the MFF 2021-2027. We explain the risks they might impose on the EU budget and analyse risk management practices to address them. We forecast total contingent liabilities will more than double by 2027, reaching EUR 612 billion. This increase will be driven mainly by RRF loans and to a lesser extent by financial support to Ukraine. </div> <div class="row"> <div class="col-12 col-md-6"> <div class="border mb-0 mt-2 p-1"> <div class="erpl_title-h5 mb-1">Linked documents</div> <br> <div class="erpl_title-h5 mb-1">Study</div> <br> <div class="erpl_document-subtitle small mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-doc mr-1"> <use xlink:href="#es_icon-doc"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegistreWeb/search/simpleSearchHome.htm?references=IPOL_STU(2024)764906&language=EN&sortAndOrder=DATE_DOCU_DESC" class="erpl_document-subtitle-doc"> <span class="t-y"> IPOL_STU(2024)764906 </span> </a> </div> </div> </div> </div> </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Economic Dialogue with the President of the ECOFIN - 18 November 2024</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">12-11-2024</span> <span class="erpl_document-subtitle-fragment ">760.269</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/econ" title="Committee on Economic and Monetary Affairs" class="erpl_badge erpl_badge-committee mr-25"> ECON </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">In-Depth Analysis</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/IDAN/2024/760269/IPOL_IDA(2024)760269_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(812 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: Mihály Varga, Minister of Finance and Deputy Prime Minister, of Hungary is participating in the ECON Committee in his capacity of President of the ECOFIN Council during the Hungarian Presidency (July - December 2024). In accordance with the Treaty of the Union, “Member States shall regard their economic policies as a matter of common concern and shall coordinate them within the Council”. This document provides an overview of the Hungarian Presidency priorities in ECON matters, including the Council’s work relating to the implementation of the European Semester for economic coordination, including the application of the Recovery and Resilience Facility, and other policy streams relevant to the EU single market, notably progress on the Banking Union and the Capital Markets Union. </div> <div class="mb-25 mt-1"> <strong>Authors </strong>: DE LEMOS PEIXOTO SAMUEL, MAGNUS Marcel, SABOL MAJA, LOI GIACOMO, SPITZER Kai Gereon </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Public hearing with Claudia Buch, Chair of the ECB / SSM Supervisory Board</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">12-11-2024</span> <span class="erpl_document-subtitle-fragment ">760.249</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/econ" title="Committee on Economic and Monetary Affairs" class="erpl_badge erpl_badge-committee mr-25"> ECON </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">Briefing</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/BRIE/2024/760249/IPOL_BRI(2024)760249_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(622 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: This briefing has been prepared for the public hearing with the Chair of the Single Supervisory Mechanism (SSM), Claudia Buch, scheduled for 18 November 2024 in the ECON Committee. The previous hearing took place on 2 September 2024. </div> <div class="mb-25 mt-1"> <strong>Authors </strong>: SABOL MAJA, SPITZER Kai Gereon, ROKOS CASTILLO ALVARO CARL-PHILLIP </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">The implementation of country-specific recommendations under the European Semester cycles</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">11-11-2024</span> <span class="erpl_document-subtitle-fragment ">760.248</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/econ" title="Committee on Economic and Monetary Affairs" class="erpl_badge erpl_badge-committee mr-25"> ECON </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">Briefing</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/BRIE/2024/760248/IPOL_BRI(2024)760248_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(297 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: This note provides an overview of the European Commission’s assessment of the implementation of the country-specific recommendations issued annually to EU Member States under the European Semester for economic policy coordination. It presents how their implementation has been assessed over time (during 2011-2023 European Semester cycles), both from an annual and a multiannual perspective. The note is updated on a regular basis. </div> <div class="mb-25 mt-1"> <strong>Authors </strong>: HAGELSTAM Kajus, LOI GIACOMO, HANINA KATERYNA </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Research for REGI committee - Streamlining EU Cohesion funds: addressing administrative burdens and redundancy</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">11-11-2024</span> <span class="erpl_document-subtitle-fragment ">759.308</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/regi" title="Committee on Regional Development" class="erpl_badge erpl_badge-committee mr-25"> REGI </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">At a Glance</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/ATAG/2024/759308/IPOL_ATA(2024)759308_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(1 MB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: This paper reviews the simplification measures aimed at reducing administrative costs and burdens for Managing Authorities (MAs) and beneficiaries in implementing European Structural and Investment Funds (ESIF). The study further provides an overview of the administrative burdens and challenges that MAs and beneficiaries face when implementing the ESIF. Although various initiatives have been undertaken, administrative challenges persist due to complex regulations and overlapping programmes. Recommendations include consolidating funds, expanding Simplified Cost Options (SCOs) use, enhancing audit principles, and adopting flexible funding models. Effective simplification requires a stable legislative framework and political commitment, with long-term changes including a shift to result-based financing. </div> <div class="row"> <div class="col-12 col-md-6"> <div class="border mb-0 mt-2 p-1"> <div class="erpl_title-h5 mb-1">Linked documents</div> <br> <div class="erpl_title-h5 mb-1">Study</div> <br> <div class="erpl_document-subtitle small mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-doc mr-1"> <use xlink:href="#es_icon-doc"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegistreWeb/search/simpleSearchHome.htm?references=IPOL_STU(2024)759307&language=EN&sortAndOrder=DATE_DOCU_DESC" class="erpl_document-subtitle-doc"> <span class="t-y"> IPOL_STU(2024)759307 </span> </a> </div> </div> </div> </div> </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Assessing the ECB’s monetary policy stance by comparing tightening cycles</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">10-11-2024</span> <span class="erpl_document-subtitle-fragment ">760.266</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/econ" title="Committee on Economic and Monetary Affairs" class="erpl_badge erpl_badge-committee mr-25"> ECON </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">In-Depth Analysis</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/IDAN/2024/760266/IPOL_IDA(2024)760266_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(1005 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: In this paper, the ECB monetary policy stance is assessed by comparing the recent tightening cycle (2022-today) with the two preceding ones, which took place in 2000-2001 and in 2006-2008. Interest rates, quantitative indicators and monetary conditions indices (MCIs) are used for this purpose. The main finding is that at the peak of the latest tightening cycle, the ECB monetary policy stance was no more restrictive than it was at the peak of the two preceding ones; actually, probably less. This contrasts with the fact that in the more recent case inflation was higher and more persistent than in the two earlier episodes. This document was provided by the Economic Governance and EMU Scrutiny Unit at the request of the Committee on Economic and Monetary Affairs (ECON) ahead of the Monetary Dialogue with the ECB President on 4 December 2024. </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Quarterly assessment of the ECB’s monetary policy stance</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">10-11-2024</span> <span class="erpl_document-subtitle-fragment ">760.267</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/econ" title="Committee on Economic and Monetary Affairs" class="erpl_badge erpl_badge-committee mr-25"> ECON </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">In-Depth Analysis</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/IDAN/2024/760267/IPOL_IDA(2024)760267_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(1005 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: The paper seeks to assess the current monetary policy stance of the European Central Bank (ECB). To do so, it analyses factors driving the inflation dynamics in the euro area (EA) and their potential persistence, drawing comparisons with the inflation drivers and policy response in the United States (US). Given the prominent role played by the energy-price increase in EA inflation and the differential exposure of EA Member States, the paper analyses the country-level inflation dynamics in response to the energy shock. Finally, the paper discusses the ECB’s strategy and communication, and the interpretation drawn by financial markets, before taking stock on the stance of monetary policy. This document was provided by the Economic Governance and EMU Scrutiny Unit at the request of the Committee on Economic and Monetary Affairs (ECON) ahead of the Monetary Dialogue with the ECB President on 4 December 2024. </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Research for REGI committee - Streamlining EU Cohesion funds: addressing administrative burdens and redundancy</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">10-11-2024</span> <span class="erpl_document-subtitle-fragment ">759.307</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/regi" title="Committee on Regional Development" class="erpl_badge erpl_badge-committee mr-25"> REGI </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">Study</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/STUD/2024/759307/IPOL_STU(2024)759307_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(1 MB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: This paper reviews the simplification measures aimed at reducing administrative costs and burdens for Managing Authorities (MAs) and beneficiaries in implementing European Structural and Investment Funds (ESIF). The study further provides an overview of the administrative burdens and challenges that MAs and beneficiaries face when implementing the ESIF. Although various initiatives have been undertaken, administrative challenges persist due to complex regulations and overlapping programmes. Recommendations include consolidating funds, expanding Simplified Cost Options (SCOs) use, enhancing audit principles, and adopting flexible funding models. Effective simplification requires a stable legislative framework and political commitment, with long-term changes including a shift to result-based financing. </div> <div class="row"> <div class="col-12 col-md-6"> <div class="border mb-0 mt-2 p-1"> <div class="erpl_title-h5 mb-1">Linked documents</div> <br> <div class="erpl_title-h5 mb-1">At a Glance</div> <br> <div class="erpl_document-subtitle small mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-doc mr-1"> <use xlink:href="#es_icon-doc"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegistreWeb/search/simpleSearchHome.htm?references=IPOL_ATA(2024)759308&language=EN&sortAndOrder=DATE_DOCU_DESC" class="erpl_document-subtitle-doc"> <span class="t-y"> IPOL_ATA(2024)759308 </span> </a> </div> </div> </div> </div> </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Looking back at 10 years of Banking Union’s case law</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">10-11-2024</span> <span class="erpl_document-subtitle-fragment ">760.245</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/econ" title="Committee on Economic and Monetary Affairs" class="erpl_badge erpl_badge-committee mr-25"> ECON </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">Briefing</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/BRIE/2024/760245/IPOL_BRI(2024)760245_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(339 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: Arguably, the Banking Union has a strong record for raising the standards in supervision and thereby making a contribution to financial stability. Despite the harmonisation achieved in supervision however, market integration has not progressed much. Can this be changed? And what lessons does that hold for the other big financial markets integration project, namely Capital Markets Union (CMU)? This briefing provides an overview of 5 papers by the ECON Committee’s academic expert panel for the Banking Union that have been published in September and October 2024. </div> <div class="mb-25 mt-1"> <strong>Authors </strong>: SPITZER Kai Gereon, DE SURY D'ASPREMONT MAX JEAN GAUTHIER </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">EU trade policy implications on third countries’ domestic policies</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">07-11-2024</span> <span class="erpl_document-subtitle-fragment ">754.454</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/inta" title="Committee on International Trade" class="erpl_badge erpl_badge-committee mr-25"> INTA </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">In-Depth Analysis</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/IDAN/2024/754454/EXPO_IDA(2024)754454_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(959 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: The European Union’s policies influence third country trading partners’ domestic policy in different ways. Unilateral legislation in the green and digital fields, for example, contribute to setting global standards as traders must comply with EU requirements to access the Single market. The digital transition cooperation between Africa and the EU could lead to further regulatory convergence in the digital field. The EU's human-centric approach to digital policy, fostering consumer protection and trust inter alia through the General Data Protection Regulation, influences the African Continental Free Trade Area. Ensuring market access between Africa and the EU including in the field of e-commerce is strategically desirable for both blocks. Green legislation will impact foreign producers including smallholder and could potentially result in changes in trade flows. The liberalisation of trade through FTAs fosters economic growth and guarantees access to critical resources such as Chilean lithium for the EU’s digital transition. However, it can also exert environmental and social pressures on trading partners. Lastly, the rules based international trading system established by the WTO can be eroded by government subsidies with significant negative spillover effects on international trade. Global dialogue between trade partners is desirable to avoid a subsidy race . </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Research for the AGRI committee: The role of commodity traders in shaping agricultural markets.</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">07-11-2024</span> <span class="erpl_document-subtitle-fragment ">747.277</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/agri" title="Committee on Agriculture and Rural Development" class="erpl_badge erpl_badge-committee mr-25"> AGRI </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">At a Glance</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/ATAG/2024/747277/IPOL_ATA(2024)747277_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(245 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: This study provides an overview of the impact of commodity traders on agricultural markets. It examines the ramifications of financialisation, explores prevailing trends, and confronts the challenges that characterise the industry's landscape. Moreover, after analysing the regulatory state of play at the international level, it provides suggestions towards bolstering the sector's accountability and transparency, essential for fostering trust and sustainability. By scrutinising these aspects, this study offers insights into the intricate dynamics of agricultural trading and its broader socioeconomic implications. </div> <div class="row"> <div class="col-12 col-md-6"> <div class="border mb-0 mt-2 p-1"> <div class="erpl_title-h5 mb-1">Linked documents</div> <br> <div class="erpl_title-h5 mb-1">Study</div> <br> <div class="erpl_document-subtitle small mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-doc mr-1"> <use xlink:href="#es_icon-doc"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegistreWeb/search/simpleSearchHome.htm?references=IPOL_STU(2024)747276&language=EN&sortAndOrder=DATE_DOCU_DESC" class="erpl_document-subtitle-doc"> <span class="t-y"> IPOL_STU(2024)747276 </span> </a> </div> </div> </div> </div> </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Research for the AGRI committee: The role of commodity traders in shaping agricultural markets</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">07-11-2024</span> <span class="erpl_document-subtitle-fragment ">747.276</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/agri" title="Committee on Agriculture and Rural Development" class="erpl_badge erpl_badge-committee mr-25"> AGRI </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">Study</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/STUD/2024/747276/IPOL_STU(2024)747276_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(1 MB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: This study provides an overview of the impact of commodity traders on agricultural markets. It examines the ramifications of financialisation, explores prevailing trends, and confronts the challenges that characterise the industry's landscape. Moreover, after analysing the regulatory state of play at the international level, it provides suggestions towards bolstering the sector's accountability and transparency, essential for fostering trust and sustainability. By scrutinising these aspects, this study offers insights into the intricate dynamics of agricultural trading and its broader socioeconomic implications. </div> <div class="row"> <div class="col-12 col-md-6"> <div class="border mb-0 mt-2 p-1"> <div class="erpl_title-h5 mb-1">Document type</div> <br> <div class="erpl_title-h5 mb-1">Executive summary</div> <br> <div class="erpl_document-subtitle small mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf mr-1"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/STUD/2024/747276/IPOL_STU(2024)747276(SUM01)_DE.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> DE <span class="ml-25 erpl_format-pdf">(172 KB)</span> </span> </a> <a href="https://www.europarl.europa.eu/RegData/etudes/STUD/2024/747276/IPOL_STU(2024)747276(SUM01)_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="ml-25 erpl_format-pdf">(228 KB)</span> </span> </a> <a href="https://www.europarl.europa.eu/RegData/etudes/STUD/2024/747276/IPOL_STU(2024)747276(SUM01)_ES.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> ES <span class="ml-25 erpl_format-pdf">(165 KB)</span> </span> </a> <a href="https://www.europarl.europa.eu/RegData/etudes/STUD/2024/747276/IPOL_STU(2024)747276(SUM01)_FR.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> FR <span class="ml-25 erpl_format-pdf">(197 KB)</span> </span> </a> <a href="https://www.europarl.europa.eu/RegData/etudes/STUD/2024/747276/IPOL_STU(2024)747276(SUM01)_IT.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> IT <span class="ml-25 erpl_format-pdf">(192 KB)</span> </span> </a> </div> </div> </div> </div> <div class="col-12 col-md-6"> <div class="border mb-0 mt-2 p-1"> <div class="erpl_title-h5 mb-1">Linked documents</div> <br> <div class="erpl_title-h5 mb-1">At a Glance</div> <br> <div class="erpl_document-subtitle small mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-doc mr-1"> <use xlink:href="#es_icon-doc"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegistreWeb/search/simpleSearchHome.htm?references=IPOL_ATA(2024)747277&language=EN&sortAndOrder=DATE_DOCU_DESC" class="erpl_document-subtitle-doc"> <span class="t-y"> IPOL_ATA(2024)747277 </span> </a> </div> </div> </div> </div> </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Looking back at 10 years of Banking Union’s case law</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">07-11-2024</span> <span class="erpl_document-subtitle-fragment ">760.255</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/econ" title="Committee on Economic and Monetary Affairs" class="erpl_badge erpl_badge-committee mr-25"> ECON </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">In-Depth Analysis</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/IDAN/2024/760255/IPOL_IDA(2024)760255_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(337 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: This briefing presents an overview of six papers prepared by an academic expert panel for the Banking Union, covering 10 years of case law in the Banking Union. The studies focused on the evolution of Court of Justice of the European Union (CJEU) practices in shaping resolution and supervisory practices within the Banking Union. The studies were requested by the Committee on Economic and Monetary Affairs (ECON) of the European Parliament. </div> <div class="mb-25 mt-1"> <strong>Authors </strong>: SABOL MAJA, ROKOS CASTILLO ALVARO CARL-PHILLIP </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">EU economic developments and projections</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">06-11-2024</span> <span class="erpl_document-subtitle-fragment ">645.716</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/econ" title="Committee on Economic and Monetary Affairs" class="erpl_badge erpl_badge-committee mr-25"> ECON </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">Briefing</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/BRIE/2020/645716/IPOL_BRI(2020)645716_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(757 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: This briefing provides a summary of the recent economic developments in the EU Member States and gives an overview of relevant economic projections forecasted by major international and EU institutions. Annex 1 includes latest GDP data and forecasts for all EU Member States and Annex 2 the latest inflation data and developments. </div> <div class="mb-25 mt-1"> <strong>Authors </strong>: SABOL MAJA, SANGERS BO </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Nomination for a Member of the European Court of Auditors: Bulgaria</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">05-11-2024</span> <span class="erpl_document-subtitle-fragment ">766.326</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/cont" title="Committee on Budgetary Control" class="erpl_badge erpl_badge-committee mr-25"> CONT </a> <a href="https://www.europarl.europa.eu/committees/en/budg" title="Committee on Budgets" class="erpl_badge erpl_badge-committee mr-25"> BUDG </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">At a Glance</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/ATAG/2024/766326/IPOL_ATA(2024)766326_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(108 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: This note describes the treaty provisions and appointment procedure for ECA members at EU level. In addition, it provides information on the national nomination procedure for the ECA member in Bulgaria and the country’s candidate. </div> <div class="mb-25 mt-1"> <strong>Authors </strong>: MILICEVIC Vera </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">European Public Goods and the 2028-2034 Multiannual Financial Framework</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">30-10-2024</span> <span class="erpl_document-subtitle-fragment ">766.171</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/cont" title="Committee on Budgetary Control" class="erpl_badge erpl_badge-committee mr-25"> CONT </a> <a href="https://www.europarl.europa.eu/committees/en/budg" title="Committee on Budgets" class="erpl_badge erpl_badge-committee mr-25"> BUDG </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">Briefing</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/BRIE/2024/766171/IPOL_BRI(2024)766171_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(187 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: Over the past decade, the concept of European Public Goods has become central to the EU reform debate. Genuine additional public tasks for the EU will require additional competencies and revenues. Exploring revenue niches not exploited by the Member States will not suffice: In the long term, the required doubling of the EU budget will only be achieved through genuine Own Resources in the form of surtaxes or tax shares linked to income and consumption. </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Performance-based Programmes under the post-2027 MFF</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">30-10-2024</span> <span class="erpl_document-subtitle-fragment ">766.275</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/cont" title="Committee on Budgetary Control" class="erpl_badge erpl_badge-committee mr-25"> CONT </a> <a href="https://www.europarl.europa.eu/committees/en/budg" title="Committee on Budgets" class="erpl_badge erpl_badge-committee mr-25"> BUDG </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">Briefing</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/BRIE/2024/766275/IPOL_BRI(2024)766275_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(174 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: The expected shift towards a performance-oriented budget presupposes a careful choice and definition of indicators clearly linked to the funding objectives, as well as standardised reporting and fully integrated and interoperable IT solutions to collect the required amount of data. Ensuring the full protection of the Union’s financial interest under performance-based budgeting will require careful balancing of auditing and control requirements with the administrative burden imposed on Member States and beneficiaries, and for the European Parliament, a form of Parliamentary Budget Office, drawing on best practices from Member States. </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Mainstreaming in the post-2027 Multiannual Financial Framework</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">30-10-2024</span> <span class="erpl_document-subtitle-fragment ">766.172</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/cont" title="Committee on Budgetary Control" class="erpl_badge erpl_badge-committee mr-25"> CONT </a> <a href="https://www.europarl.europa.eu/committees/en/budg" title="Committee on Budgets" class="erpl_badge erpl_badge-committee mr-25"> BUDG </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">Briefing</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/BRIE/2024/766172/IPOL_BRI(2024)766172_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(128 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: The practice of mainstreaming key transformational goals will undoubtedly be carried over into the post-2027 MFF. Assessing mainstreaming means looking at longer-term results and societal impacts. To this end, defining indicators and monitoring approaches will be crucial, as reliably establishing causality is often difficult. Additional imperatives for the European Parliament will be to ensure satisfactory access to the information required and to boost its in-house capacity to analyse it. </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">EU enlargement and the post-2027 Multi-Annual Financial Framework</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">30-10-2024</span> <span class="erpl_document-subtitle-fragment ">766.224</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/cont" title="Committee on Budgetary Control" class="erpl_badge erpl_badge-committee mr-25"> CONT </a> <a href="https://www.europarl.europa.eu/committees/en/budg" title="Committee on Budgets" class="erpl_badge erpl_badge-committee mr-25"> BUDG </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">Briefing</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/BRIE/2024/766224/IPOL_BRI(2024)766224_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(152 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: Current estimates suggest that the cost of integrating all potential candidates, excluding Turkey, would be manageable, ranging from €15.7 billion to €26 billion per year. This range reflects different assumptions and methodological choices. At its maximum, this cost represents 0.2% of the EU’s GDP and could be easily covered within the existing margin of the Own Resources ceiling. The entry of Ukraine in the Common Agricultural Policy (CAP) poses significant challenges. Although accession may not be imminent, the EU should begin planning for this eventuality. </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">The new economic governance framework: Implications for monetary policy</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">30-10-2024</span> <span class="erpl_document-subtitle-fragment ">760.265</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/econ" title="Committee on Economic and Monetary Affairs" class="erpl_badge erpl_badge-committee mr-25"> ECON </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">In-Depth Analysis</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/IDAN/2024/760265/IPOL_IDA(2024)760265_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(757 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: Credible ECB monetary policy requires that the revised EU economic governance framework be tightly enforced from its start. Net primary expenditures as key control variable allow predictable monetary policy focused on stabilisation. However, widespread debt reduction pushing spending growth below potential GDP growth may prompt more accommodative ECB policy. Moreover, potentially cumulating changes in public spending-to-GDP ratios need close monitoring. Finally, the criteria for TPI may increase pressure to be lenient on enforcement of the fiscal rules. This document was provided by the Economic Governance and EMU Scrutiny Unit at the request of the Committee on Economic and Monetary Affairs (ECON) ahead of the Monetary Dialogue with the ECB President on 4 December 2024. </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Revamping the EU’s budgetary flexibility</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">30-10-2024</span> <span class="erpl_document-subtitle-fragment ">766.170</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/cont" title="Committee on Budgetary Control" class="erpl_badge erpl_badge-committee mr-25"> CONT </a> <a href="https://www.europarl.europa.eu/committees/en/budg" title="Committee on Budgets" class="erpl_badge erpl_badge-committee mr-25"> BUDG </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">Briefing</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/BRIE/2024/766170/IPOL_BRI(2024)766170_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(168 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: To reduce the need for disorderly ex-post adjustments that are largely responsible for the EU budget’s currently opaque governance structure, the long-term EU budget should be endowed with a new type of in-built flexibility. Various options are presented, which would deliver in qualitative terms, but would need to be supplemented by an “in-budget” (as opposed to off-budget) borrowing capacity. </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Management of debt liabilities in the EU budget under the post-2027 MFF</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">30-10-2024</span> <span class="erpl_document-subtitle-fragment ">766.173</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/cont" title="Committee on Budgetary Control" class="erpl_badge erpl_badge-committee mr-25"> CONT </a> <a href="https://www.europarl.europa.eu/committees/en/budg" title="Committee on Budgets" class="erpl_badge erpl_badge-committee mr-25"> BUDG </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">Briefing</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/BRIE/2024/766173/IPOL_BRI(2024)766173_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(341 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: The EU's debt stock reached EUR 547 billion by the end of September 2024 and is expected to increase by an additional EUR 448 billion under current commitments. Of this total, EUR 421 billion will ultimately finance grants, with the interest and principal repayments to be made jointly by EU countries through the EU budget. The remaining amount will finance loans to countries, which will be serviced as those countries repay their loans. The interest rate risk for the 2028-2034 MFF is expected to remain low. </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">2024 Country-specific recommendations</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">29-10-2024</span> <span class="erpl_document-subtitle-fragment ">760.233</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/econ" title="Committee on Economic and Monetary Affairs" class="erpl_badge erpl_badge-committee mr-25"> ECON </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">In-Depth Analysis</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/IDAN/2024/760233/IPOL_IDA(2024)760233_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(858 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: This document provides an overview of all country-specific recommendations for 2024 as proposed by the Commission on 19 June 2024 and agreed by the Council on 16 July 2024. </div> <div class="mb-25 mt-1"> <strong>Authors </strong>: LOI GIACOMO, HANINA KATERYNA </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">IMF Lending to Ukraine: State of Play and the Road Ahead</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">29-10-2024</span> <span class="erpl_document-subtitle-fragment ">760.264</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/afet" title="Committee on Foreign Affairs" class="erpl_badge erpl_badge-committee mr-25"> AFET </a> <a href="https://www.europarl.europa.eu/committees/en/budg" title="Committee on Budgets" class="erpl_badge erpl_badge-committee mr-25"> BUDG </a> <a href="https://www.europarl.europa.eu/committees/en/econ" title="Committee on Economic and Monetary Affairs" class="erpl_badge erpl_badge-committee mr-25"> ECON </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">In-Depth Analysis</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/IDAN/2024/760264/IPOL_IDA(2024)760264_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(1 MB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: This paper provides an overview of the International Monetary Fund (IMF)’s lending to Ukraine, particularly focusing on the IMF response to the Russia’s invasion of Ukraine since February 2022, given the challenging macroeconomic circumstances. If further analyses the key elements of the IMF’ Extended Fund Facility (EFF) programme for Ukraine, including the evolution of core assumptions, risks, fiscal sustainability and conditionality. </div> <div class="mb-25 mt-1"> <strong>Authors </strong>: RAKIC Drazen, HANINA KATERYNA </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">How to achieve CMU, after all? An analysis of the recommendations for Capital Markets Union in the Draghi, Letta and Noyer reports</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">28-10-2024</span> <span class="erpl_document-subtitle-fragment ">760.263</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/econ" title="Committee on Economic and Monetary Affairs" class="erpl_badge erpl_badge-committee mr-25"> ECON </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">In-Depth Analysis</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/IDAN/2024/760263/IPOL_IDA(2024)760263_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(343 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: The three reports by Draghi, Letta and Noyer remind policy makers that capital markets channelling savings into investments is key to competitiveness and economic growth. The recommendations of these reports could give new impetus to the long-standing flagship policy of the Capital Markets Union (CMU). In this briefing we show how securitisation, supervision, market infrastructure and savings/pensions schemes are identified as priorities in all three reports, however with different conclusions. We also discuss all other CMU recommendations in the reports. </div> <div class="mb-25 mt-1"> <strong>Authors </strong>: SABOL MAJA, LOI GIACOMO, SPITZER Kai Gereon </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">The role (and accountability) of the President of the Eurogroup</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">28-10-2024</span> <span class="erpl_document-subtitle-fragment ">741.497</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/econ" title="Committee on Economic and Monetary Affairs" class="erpl_badge erpl_badge-committee mr-25"> ECON </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">Briefing</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/BRIE/2023/741497/IPOL_BRI(2023)741497_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(311 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: This briefing paper provides an overview of the role and mandate of the Eurogroup and the role and accountability of its President, including the procedures for his/her appointment. This paper includes the following sections: 1) The role of the Permanent President of the Eurogroup; 2) The President of Eurogroup and the European Parliament; 3) The role and mandate of the Eurogroup; and 4) Eurogroup transparency. The paper will be regularly updated. </div> <div class="mb-25 mt-1"> <strong>Authors </strong>: HAGELSTAM Kajus, LEHOFER WOLFGANG, LOI GIACOMO </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Looking back at 10 years of parliamentary scrutiny in the Banking Union</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">27-10-2024</span> <span class="erpl_document-subtitle-fragment ">760.244</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/econ" title="Committee on Economic and Monetary Affairs" class="erpl_badge erpl_badge-committee mr-25"> ECON </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">Briefing</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/BRIE/2024/760244/IPOL_BRI(2024)760244_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(289 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: This briefing presents a summary of 3 studies prepared by academic expert panel for the Banking Union on the occasion of 10 years of parliamentary scrutiny over key authorities within the Banking Union, the Single Supervisory Mechanism (SSM) and the Single Resolution Board (SRB). It also presents proposals for enhancing the accountability framework governing these authorities. These studies were requested by the Committee on Economic and Monetary Affairs (ECON) of the European Parliament. </div> <div class="mb-25 mt-1"> <strong>Authors </strong>: SABOL MAJA, SANGERS BO </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Maximising the Impact of EU Initiatives on Skills</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">24-10-2024</span> <span class="erpl_document-subtitle-fragment ">754.215</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/empl" title="Committee on Employment and Social Affairs" class="erpl_badge erpl_badge-committee mr-25"> EMPL </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">Study</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/STUD/2024/754215/IPOL_STU(2024)754215_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(855 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: This study provides details of the current situation and future trends in the EU concerning aspects related to skills demands, skills shortages, and skills mismatches. It takes into consideration the transformative role of the digital and green transitions and the labour market shifts determined by demographic changes. The analysis comprises a presentation of the various EU skills initiatives, assessing their impact, complementarity and gaps. And formulates a set of recommendations to address gaps identified in the EU skills policy. This document was provided by Fondazione Giacomo Brodolini to the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the Committee on Employment and Social Affairs (EMPL). </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Monetary Dialogue in September 2024: Summary of parliamentary scrutiny activities</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">22-10-2024</span> <span class="erpl_document-subtitle-fragment ">760.246</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/econ" title="Committee on Economic and Monetary Affairs" class="erpl_badge erpl_badge-committee mr-25"> ECON </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">Briefing</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/BRIE/2024/760246/IPOL_BRI(2024)760246_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(354 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: This briefing provides a summary of all scrutiny activities of the European Parliament related to euro area monetary policy in advance of the September2024 Monetary Dialogue with the European Central Bank (ECB). It covers the topics chosen by the competent Committee and related expertise papers provided in advance of the Dialogue, the topics addressed during the Dialogue, and latest written questions made by Members to the ECB President. The document is published regularly ahead and after each Monetary Dialogue with the ECB. </div> <div class="mb-25 mt-1"> <strong>Authors </strong>: SABOL MAJA, HANINA KATERYNA </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Issues at stake in view of the COP29 UN Climate Change Conference in Baku-Scaling up climate action and support</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">16-10-2024</span> <span class="erpl_document-subtitle-fragment ">754.220</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/envi" title="Committee on the Environment, Public Health and Food Safety" class="erpl_badge erpl_badge-committee mr-25"> ENVI </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">Study</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/STUD/2024/754220/IPOL_STU(2024)754220_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(1 MB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: This study provides an overview of the status of international climate negotiations and issues at stake at the COP29 climate change conference. It also addresses the current implementation of the Paris Agreement, the climate policies of key Parties and the stakeholders in the negotiations. This document was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the Committee on the Environment, Public Health and Food Safety (ENVI). </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Research for REGI committee - Climate adaptation using Cohesion Policy: Fostering adaptation, regional resilience and economic sustainability</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">16-10-2024</span> <span class="erpl_document-subtitle-fragment ">752.459</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/regi" title="Committee on Regional Development" class="erpl_badge erpl_badge-committee mr-25"> REGI </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">Study</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/STUD/2024/752459/IPOL_STU(2024)752459_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(1 MB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: This study examines how Cohesion Policy can support climate adaptation, regional resilience and sustainable businesses in the EU. It identifies regional and sectoral adaptation needs, maps relevant EU policy instruments and assesses current Cohesion Policy investment support. The study finds increased but still insufficient funding for adaptation, with gaps between support and needs. Recommendations include improving the integration and tracking of adaptation, developing tailored sectoral strategies, improving business awareness and funding access, and enhancing regional capacity for adaptation. </div> <div class="row"> <div class="col-12 col-md-6"> <div class="border mb-0 mt-2 p-1"> <div class="erpl_title-h5 mb-1">Linked documents</div> <br> <div class="erpl_title-h5 mb-1">At a Glance</div> <br> <div class="erpl_document-subtitle small mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-doc mr-1"> <use xlink:href="#es_icon-doc"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegistreWeb/search/simpleSearchHome.htm?references=IPOL_ATA(2024)752460&language=EN&sortAndOrder=DATE_DOCU_DESC" class="erpl_document-subtitle-doc"> <span class="t-y"> IPOL_ATA(2024)752460 </span> </a> </div> </div> </div> </div> </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Research for REGI committee - Climate adaptation using Cohesion Policy: Fostering adaptation, regional resilience and economic sustainability</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">16-10-2024</span> <span class="erpl_document-subtitle-fragment ">752.460</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/regi" title="Committee on Regional Development" class="erpl_badge erpl_badge-committee mr-25"> REGI </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">At a Glance</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/ATAG/2024/752460/IPOL_ATA(2024)752460_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(310 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: This study examines how Cohesion Policy can support climate adaptation, regional resilience and sustainable businesses in the EU. It identifies regional and sectoral adaptation needs, maps relevant EU policy instruments and assesses current Cohesion Policy investment support. The study finds increased but still insufficient funding for adaptation, with gaps between support and needs. Recommendations include improving the integration and tracking of adaptation, developing tailored sectoral strategies, improving business awareness and funding access, and enhancing regional capacity for adaptation. </div> <div class="row"> <div class="col-12 col-md-6"> <div class="border mb-0 mt-2 p-1"> <div class="erpl_title-h5 mb-1">Linked documents</div> <br> <div class="erpl_title-h5 mb-1">Study</div> <br> <div class="erpl_document-subtitle small mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-doc mr-1"> <use xlink:href="#es_icon-doc"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegistreWeb/search/simpleSearchHome.htm?references=IPOL_STU(2024)752459&language=EN&sortAndOrder=DATE_DOCU_DESC" class="erpl_document-subtitle-doc"> <span class="t-y"> IPOL_STU(2024)752459 </span> </a> </div> </div> </div> </div> </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Issues at stake at the COP16 to the Convention on Biological Diversity</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">13-10-2024</span> <span class="erpl_document-subtitle-fragment ">754.217</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/envi" title="Committee on the Environment, Public Health and Food Safety" class="erpl_badge erpl_badge-committee mr-25"> ENVI </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">Study</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/STUD/2024/754217/IPOL_STU(2024)754217_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(1 MB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: The Kunming-Montreal Biodiversity Framework (GBF), adopted in 2022, aims to drive global biodiversity conservation through 23 targets and four overarching goals. As COP16 approaches in October 2024, the study looks at overall progress in implementation since COP15 and examines the major issues at stake, including a review of the state of implementation at national level, establishing a financial mechanism and adopting a multilateral agreement on digital sequence information. This document was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the Committee on the Environment, Public Health and Food Safety (ENVI). </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Banking union and the long wait for cross-border integration</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">10-10-2024</span> <span class="erpl_document-subtitle-fragment ">760.272</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/econ" title="Committee on Economic and Monetary Affairs" class="erpl_badge erpl_badge-committee mr-25"> ECON </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">Study</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/STUD/2024/760272/IPOL_STU(2024)760272_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(3 MB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: The banking union project has achieved European-level policy integration of microprudential supervision but not of crisis intervention. This largely explains the disappointing progress in the cross-border integration of the banking sector, which we document using data on banks’ assets and also specifically on their sovereign exposures. In a capital markets union, there is no equivalent of the banking crisis intervention framework and related public financial safety net, and therefore supervisory integration can have more direct catalytical impact in that context than in banking. </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">10 years of Banking Union case law – how did CJEU judgments shape supervision and resolution practice in the Banking Union?</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">02-10-2024</span> <span class="erpl_document-subtitle-fragment ">760.271</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/econ" title="Committee on Economic and Monetary Affairs" class="erpl_badge erpl_badge-committee mr-25"> ECON </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">Study</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/STUD/2024/760271/IPOL_STU(2024)760271_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(885 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: This paper discusses EU case law developed over the past decade relating to decisions taken by the European Central Bank within the Single Supervisory Mechanism (SSM) and within the Single Resolution Mechanism (SRM). The cases centre around embracing and solidifying the BU framework, inter alia, with the admissibility to challenge ECB’s supervisory and licence withdrawal decisions, the application of national law by the ECB in its supervisory competence and the methodology attached to the setting of administrative pecuniary penalties. Other cases concern the determination of the ex-ante contributions to the Single Resolution Fund, the perimeter of resolution decision-making, and the responsibility of the decision-making bodies involved in the resolution process. </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Current challenges and opportunities for addressing obesity</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">01-10-2024</span> <span class="erpl_document-subtitle-fragment ">754.218</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/sant" title="Subcommittee on Public Health" class="erpl_badge erpl_badge-committee mr-25"> SANT </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">Study</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/STUD/2024/754218/IPOL_STU(2024)754218_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(1 MB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: This paper presents current developments and challenges in the prevention and management of obesity in the European Union. The analysis provides an overview of the disease, emphasises the importance of designing supportive environments in prevention efforts, and makes an argument to upskill the healthcare provided to persons living with obesity. This document was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the Subcommittee on Public Health (SANT). </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Can Banking Union foster market integration, and what lessons does that hold for capital markets union?</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">01-10-2024</span> <span class="erpl_document-subtitle-fragment ">760.262</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/econ" title="Committee on Economic and Monetary Affairs" class="erpl_badge erpl_badge-committee mr-25"> ECON </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">In-Depth Analysis</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/IDAN/2024/760262/IPOL_IDA(2024)760262_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(685 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: Over the past decade, Banking Union (BU) regulators focused on making banks safer, resulting in stronger banks but limited euro area cross-border integration. To attain the strong and integrated financial system Europe needs going forward, BU authorities must now broaden their focus, promoting cross-border banking by removing legislative barriers that prevent or discourage it. That goal requires reducing overbanking and limiting the national authorities’ regulatory power further. It also necessitates a Capital Markets Union (CMU) under a unified supervisory control. We argue that BU and CMU are complements in a strong and integrated European financial system, and that a successful launch of CMU presupposes progress towards an integrated BU. </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Council position on the CMDI reform- An initial analysis regarding key aspects of the proposed bank crisis management framework</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">30-09-2024</span> <span class="erpl_document-subtitle-fragment ">755.737</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/econ" title="Committee on Economic and Monetary Affairs" class="erpl_badge erpl_badge-committee mr-25"> ECON </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">Briefing</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/BRIE/2025/755737/IPOL_BRI(2025)755737_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(291 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: Following the negative reaction from the Commission when the Council published its general approach to the CMDI reform, this briefing provides some initial analysis regaring the key aspects of public interest assessment, resolution objectives and resolution funding. Clearly, the Council aims for a narrower scope of resolution in harmonised procedures by the Banking Union authorities than the Commission and narrows the available funding accordingly, potentially privileging action under national frameworks instead. Whether a balance is achieved, however, will require more in-depth analysis. </div> <div class="mb-25 mt-1"> <strong>Authors </strong>: MAGNUS Marcel, SPITZER Kai Gereon </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Can the Banking Union foster market integration, and what lessons does this hold for Capital Markets Union?</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">30-09-2024</span> <span class="erpl_document-subtitle-fragment ">760.259</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/econ" title="Committee on Economic and Monetary Affairs" class="erpl_badge erpl_badge-committee mr-25"> ECON </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">In-Depth Analysis</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/IDAN/2024/760259/IPOL_IDA(2024)760259_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(1 MB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: We discuss the contribution of the Banking Union in its current form to market integration in the euro area. While the introduction of single supervision has fostered banking integration, limited progress in single resolution and the absence of a European deposit insurance scheme undermine further advancements. We argue that a significant obstacle to financial integration lies in the persistence of national interests in regulation, supervision, and politics. We also explore the lessons that can be learned from ten years of the Banking Union for the development of the Capital Markets Union and the integration of capital markets. The successes of the Banking Union in common supervision and rule-setting can provide a path forward. </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Can the Banking Union foster market integration, and what lessons does that hold for the Capital Markets Union?</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">28-09-2024</span> <span class="erpl_document-subtitle-fragment ">760.270</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/econ" title="Committee on Economic and Monetary Affairs" class="erpl_badge erpl_badge-committee mr-25"> ECON </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">Study</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/STUD/2024/760270/IPOL_STU(2024)760270_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(1 MB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: We address the role of the Banking Union (BU) in promoting market integration and the lessons it provides for the Capital Markets Union (CMU). First, we tackle BU’s establishment, exploring whether it has achieved its original goals and discussing its main shortcomings. Second, we address market integration in the BU. Third, we advance some proposals to finalise the BU accelerating effective market integration. Fourth, we explore various BU-CMU interconnections, introducing policy-related considerations to support the development of a well-functioning CMU. </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">ELTIFs: Delegated Act (RTS) supplementing Regulation (EU) 2015/760 ECON Scrutiny Session of 30 September 2024</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">26-09-2024</span> <span class="erpl_document-subtitle-fragment ">764.398</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/econ" title="Committee on Economic and Monetary Affairs" class="erpl_badge erpl_badge-committee mr-25"> ECON </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">Briefing</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/BRIE/2024/764398/IPOL_BRI(2024)764398_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(279 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: The review of Regulation (EU) 2015/760 (ELTIF Regulation) concluded in February 2023 with the adoption of the amending Regulation (EU) 2023/606 (ELTIF 2.0), the aim of which was to increase the attractiveness of ELTIFs. ELTIF 2.0 is applicable since 10 January 2024. ELTIFs are the only type of fully harmonised alternative investment funds (AIFs) dedicated to long-term investments and they are open both to professional and retail investors. Since the adoption of the original ELTIFs legal framework in April 2015 (ELTIF 1.0), only 57 ELTIFs (as of October 2021) had been launched with a relatively small amount of net assets under management (total assets under management are estimated at approximately EUR 2.4 billion in 2021). Such authorised ELTIFs were domiciled in only four Member States (Luxembourg, France, Italy and Spain), and the other Member States had no domestic ELTIFs. Among the main reasons for the insufficient uptake of ELTIFs in Europe the Commission had identified restrictive fund rules and barriers to entry for retail investors. The reform of 2023 aimed to strike a balance that would help overcome the issue of restrictive rules and to enhance long-term investment in Europe and deepen the Capital Markets Union. The result was well received in the market, as it is proven by the fact that since 2023, the number of authorised ELTIFs has increased significantly. Regulation (EU) 2023/606 (ELTIF 2.0) mandated ESMA to adopt RTSs on various aspects of the amending Regulation. On 19 December 2023, ESMA submitted its draft RTS to the Commission. Based on ESMA’s draft RTS, on 6 March 2024 the European Commission has adopted the RTS “with amendments” citing multiple legal problems with the draft RTS and requested ESMA to resubmit the draft RTS within 6 weeks in line with the adoption procedure set out in Article 10(1) of ESMA Regulation. Upon receiving an amended draft from ESMA, in line with the procedure under Article 10(1) of ESMA Regulation, the Commission adopted on 19 July 2024 the RTS with the amendments it considered relevant and submitted the delegated act to the Parliament and to the Council for scrutiny. The scrutiny period ends on 21 October 2024. Before the formal adoption of the ELTIF delegated act, the Commission consulted the Expert Group of the European Securities Committee where the majority of Member States supported the RTS as amended by the Commission </div> <div class="mb-25 mt-1"> <strong>Authors </strong>: ARRAS MOONIKA, MUR CARLOS </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Euro area monetary policy: Quarterly overview, September 2024</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">25-09-2024</span> <span class="erpl_document-subtitle-fragment ">760.242</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/econ" title="Committee on Economic and Monetary Affairs" class="erpl_badge erpl_badge-committee mr-25"> ECON </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">Briefing</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/BRIE/2024/760242/IPOL_BRI(2024)760242_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(735 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: This briefing paper was prepared ahead of the Monetary Dialogue between the Committee on Economic and Monetary Affairs (ECON) and the European Central Bank (ECB) President on Monday, 30 September. It provides a summary of key monetary policy developments and decisions taken by the ECB’s Governing Council. </div> <div class="mb-25 mt-1"> <strong>Authors </strong>: RAKIC Drazen, SABOL MAJA, LOI GIACOMO, HANINA KATERYNA </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Regulation 1049/2001 on the right of access to documents, including the digital context</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">24-09-2024</span> <span class="erpl_document-subtitle-fragment ">762.890</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/peti" title="Committee on Petitions" class="erpl_badge erpl_badge-committee mr-25"> PETI </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">Study</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/STUD/2024/762890/IPOL_STU(2024)762890_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(846 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: Upon request of the Committee on Petitions (PETI), the Policy Department for Citizens’ Rights and Constitutional Affairs commissioned the present study on Regulation 1049/2001 on access to documents with a twofold objective. First, to update the analysis conducted in a 2016 study for the PETI Committee with the latest developments in the case law of the CJEU and the activities led by the European Ombudsman since then – in particular focussing on access to legislative documents, documents relating to administrative proceedings, Court proceedings, infringement proceedings, protection of privacy, international relations, and special regimes. Second, to assess the possible future alignment of the Access Regulation with the evolving digital context, including a potential revision of the definition of document, access to user-friendly public registers and internet sites, access to agendas of officials and scheduled meetings with interest representatives, and access to videos of CJEU oral hearings. The research also incorporates illustrative and complementary cases and own initiatives by the European Ombudsman as indications of evolving challenges to institutional secrecy in the EU context. </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">10 years of Banking Union case-law: How did CJEU judgments shape supervision and resolution practice in the Banking Union?</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">24-09-2024</span> <span class="erpl_document-subtitle-fragment ">755.730</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/econ" title="Committee on Economic and Monetary Affairs" class="erpl_badge erpl_badge-committee mr-25"> ECON </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">Study</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/STUD/2024/755730/IPOL_STU(2024)755730_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(1 MB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: This study discusses and analyses on a targeted basis and in a systematic way the evolution and key aspects of the case-law of the Court of Justice of the European Union (CJEU) in relation to the two key pillars of the Banking Union in force, namely, the Single Supervisory and the Single Resolution Mechanisms, from their full operationalisation in November 2014 and in January 2016, respectively, up to the beginning of September 2024. This document was provided by the Economic Governance and EMU Scrutiny Unit at the request of the ECON Committee. </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">The Capital Markets Union – an extra feather to the EMU- Are Capital Markets Important for Monetary Policy?</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">23-09-2024</span> <span class="erpl_document-subtitle-fragment ">760.256</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/econ" title="Committee on Economic and Monetary Affairs" class="erpl_badge erpl_badge-committee mr-25"> ECON </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">Study</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/STUD/2024/760256/IPOL_STU(2024)760256_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(647 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: The first 10 years of the Capital Markets Union (CMU) have been marked by minimalistic progress. The unfinished nature of the CMU has direct relevance for the ECB by affecting financing conditions in Member States and eroding the risk-sharing ability of the EMU, imposing a higher burden on the ECB to act as “the only game in town”. It has even bigger implications for the long-term investment opportunities and economic performance of the EU. This calls for a renewed approach and narrative on the CMU to gather political support to move forward. This document was provided by the Economic Governance and EMU Scrutiny Unit at the request of the Committee on Economic and Monetary Affairs (ECON) ahead of the Monetary Dialogue with the ECB President on 30 September 2024 </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Banking Market Integration in Europe and Insolvency Law</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">22-09-2024</span> <span class="erpl_document-subtitle-fragment ">760.260</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/econ" title="Committee on Economic and Monetary Affairs" class="erpl_badge erpl_badge-committee mr-25"> ECON </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">In-Depth Analysis</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/IDAN/2024/760260/IPOL_IDA(2024)760260_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(506 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: Despite considerable progress towards a Banking Union in the euro area, banks in the EU continue to be subject to widely varying insolvency law as applied to their lending customers. This paper provides evidence that bank interest margins tend to be higher in countries with weaker loan enforcement. Higher bank interest margins are a sign of less efficient bank intermediation, and hence the evidence of this paper suggests that bank intermediation is less efficient in countries with weaker loan enforcement. This policy-induced national variability in bank efficiency is incompatible with banking union. </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Analysis of the Proposal for a Directive on Transparency of Third-Country Interest Representation</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">22-09-2024</span> <span class="erpl_document-subtitle-fragment ">754.216</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/imco" title="Committee on the Internal Market and Consumer Protection" class="erpl_badge erpl_badge-committee mr-25"> IMCO </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">In-Depth Analysis</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/IDAN/2024/754216/IPOL_IDA(2024)754216_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(508 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: This analysis discusses specific issues regarding the proposal for a Directive on the transparency of third-country lobbying. It highlights complex questions in relation to civil society organisations and the need for uniform implementation and effective judicial protection. If designed and implemented well, the Directive could establish a transparent framework for foreign governments to engage in lobbying within the EU. This document was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the Committee on Internal Market and Consumer Protection (IMCO). </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">The ECB’s Monetary Policy Stance in Perspective</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">22-09-2024</span> <span class="erpl_document-subtitle-fragment ">760.254</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/econ" title="Committee on Economic and Monetary Affairs" class="erpl_badge erpl_badge-committee mr-25"> ECON </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">In-Depth Analysis</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/IDAN/2024/760254/IPOL_IDA(2024)760254_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(926 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: In this paper, different assessments of the ECB’s monetary policy stance are reviewed, beyond the mere observation of the sharp rise and subsequent decline of the policy rate. Overall, the monetary policy stance has been more moderate during the tightening cycle than what has been indicated by the policy rate increase. However, following the decline in energy prices, this past and relatively mild restrictive policy stance poses a risk to economic activity. This document was provided by the Economic Governance and EMU Scrutiny Unit at the request of the Committee on Economic and Monetary Affairs (ECON) ahead of the Monetary Dialogue with the ECB President on 30 September 2024. </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">CRR/CRD: The delegated act on the date of application of the own funds requirements for market</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">19-09-2024</span> <span class="erpl_document-subtitle-fragment ">764.190</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/econ" title="Committee on Economic and Monetary Affairs" class="erpl_badge erpl_badge-committee mr-25"> ECON </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">Briefing</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/BRIE/2024/764190/IPOL_BRI(2024)764190_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(1 MB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: The CRR 3/CRD 6 package constitutes the final phase in the implementation of the internationally agreed finalised Basel 3 prudential requirements for banks into the EU financial services acquis. In particular, the CRR 3 introduces the revised market risk requirements as binding own fund requirements. These requirements were introduced in the CRR 2 only as reporting requirements. However, at the time of the adoption of the CRR 3 it was not clear how and whether other major jurisdictions will apply the finalised market risk framework. Therefore, co-legislators mandated the Commission to monitor possible differences in the international implementation of the market risk framework and, in case of ‘significant differences’, empowered the Commission to postpone the application of the capital requirements for market risk for up to two years or to introduce temporary amendments to CRR 3 market risk requirements in the form of capital multipliers or targeted operational relief measures (Art. 461a CRR). On 24 July 2024, the Commission adopted a delegated act (DA) postponing the date of application of the market risk framework by one year to 1 January 2026. </div> <div class="mb-25 mt-1"> <strong>Authors </strong>: MAIER Rudolf </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">10 years of Banking Union’s case-law: How did European courts shape supervision and resolution practice in the Banking Union?</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">18-09-2024</span> <span class="erpl_document-subtitle-fragment ">755.729</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/econ" title="Committee on Economic and Monetary Affairs" class="erpl_badge erpl_badge-committee mr-25"> ECON </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">Study</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/STUD/2024/755729/IPOL_STU(2024)755729_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(768 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: The Banking Union makes ten years. It is a story of success. Courts have been crucial for this success. This study explains why, and what should be done to preserve (and improve) their role. This document was provided by the Economic Governance and EMU Scrutiny Unit at the request of the ECON Committee. </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">The role for the Advisory European Fiscal Board</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">18-09-2024</span> <span class="erpl_document-subtitle-fragment ">760.241</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/econ" title="Committee on Economic and Monetary Affairs" class="erpl_badge erpl_badge-committee mr-25"> ECON </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">Briefing</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/BRIE/2024/760241/IPOL_BRI(2024)760241_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(277 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: This note provides an overview of the main features and recent developments regarding the advisory European Fiscal Board. It also includes some reflections on a stronger role of the EU level fiscal board in the light of the revised EU economic governance framework. </div> <div class="mb-25 mt-1"> <strong>Authors </strong>: HAGELSTAM Kajus, DE LEMOS PEIXOTO SAMUEL, LOI GIACOMO </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">The Judicial Scrutiny of the SSM and the SRB-A missed chance or a success story?</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">18-09-2024</span> <span class="erpl_document-subtitle-fragment ">760.258</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/econ" title="Committee on Economic and Monetary Affairs" class="erpl_badge erpl_badge-committee mr-25"> ECON </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">Study</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/STUD/2024/760258/IPOL_STU(2024)760258_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(628 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: This study examines key rulings on the supervision and resolution of credit institutions in the EU and their impact on the Banking Union framework. It explores how case law has refined the European Central Bank’s practices, shareholders' and boards' rights, and the interaction between ECB and Single Resolution Board powers during ‘failing or likely to fail’ assessments. While highlighting how litigation has clarified processes, rights, and the criteria for resolution, the study’s findings underscore the need for heightened scrutiny of agencies to prevent political interference and ensure effective oversight. </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">From Aggressive Rate Hikes to Gradual Easing: The ECB’s Evolving Monetary Policy Stance Amidst Persistent Services Price Pressures</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">17-09-2024</span> <span class="erpl_document-subtitle-fragment ">760.252</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/econ" title="Committee on Economic and Monetary Affairs" class="erpl_badge erpl_badge-committee mr-25"> ECON </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">In-Depth Analysis</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/IDAN/2024/760252/IPOL_IDA(2024)760252_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(599 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: The ECB’s interest rate hikes since 2022 aimed to curb inflation by tightening financial conditions and dampening aggregate demand. While price pressures for food and goods have eased, persistent inflation in the services sector remains a key concern. Although the ECB is expected to gradually ease its restrictive stance by 2025, inflation challenges could re-emerge. The ECB should be careful not to undermine its commitment to price stability by loosening monetary policy too aggressively. This document was provided by the Economic Governance and EMU Scrutiny Unit at the request of the Committee on Economic and Monetary Affairs (ECON) ahead of the Monetary Dialogue with the ECB President on 30 September 2024. </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Public hearing with Dominique Laboureix, Chair of the Single Resolution Board - 23 September 2024</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">17-09-2024</span> <span class="erpl_document-subtitle-fragment ">760.240</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/econ" title="Committee on Economic and Monetary Affairs" class="erpl_badge erpl_badge-committee mr-25"> ECON </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">Briefing</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/BRIE/2024/760240/IPOL_BRI(2024)760240_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(1 MB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: This briefing has been prepared for the public hearing with the Chair of the Single Resolution Board (SRB), Dominique Laboureix, scheduled for 23 September 2024. This briefing addresses: • Regular reporting on MREL- Q1 2024 • Resolvability assessment 2023 • Bail-in mechanics • Forthcoming expectations on valuation capabilities • SRB‘s 2023 annual report • Second SRB’s report on smaller banks in the Banking Union • Two new thematic briefing papers on SRB accountability and on the CMDI Council position. </div> <div class="mb-25 mt-1"> <strong>Authors </strong>: MAGNUS Marcel, SABOL MAJA, SPITZER Kai Gereon </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">One Money, One Financial Market- The Capital Markets Union</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">17-09-2024</span> <span class="erpl_document-subtitle-fragment ">760.250</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/econ" title="Committee on Economic and Monetary Affairs" class="erpl_badge erpl_badge-committee mr-25"> ECON </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">In-Depth Analysis</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/IDAN/2024/760250/IPOL_IDA(2024)760250_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(649 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: Bringing all European financial markets under one roof, the Capital Markets Union (CMU), stands to provide European savers and borrowers with better opportunities. This, in turn, is expected to boost long-term growth and to improve the functioning of the Economic and Monetary Union (EMU). Yet, powerful private and public interest groups have been able so far to stand in the way of this transformation. Most governments are torn between the benefits from CMU and the pressure of these interest groups. This document was provided by the Economic Governance and EMU Scrutiny Unit at the request of the Committee on Economic and Monetary Affairs (ECON) ahead of the Monetary Dialogue with the ECB President on 30 September 2024. </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Research for PECH Committee - The EU oceans and fisheries policy - Latest developments and future challenges</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">16-09-2024</span> <span class="erpl_document-subtitle-fragment ">759.323</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/pech" title="Committee on Fisheries" class="erpl_badge erpl_badge-committee mr-25"> PECH </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">At a Glance</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/ATAG/2024/759323/IPOL_ATA(2024)759323_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(199 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: This study provides an overview of the Common Fisheries Policy and other EU policies in relation to Fisheries, Aquaculture, the Blue Economy and International Ocean Governance. The current and future challenges facing these are described. Strengths and weaknesses of EU policy in addressing these challenges are assessed, leading to the authors making a range of specific policy recommendations. </div> <div class="row"> <div class="col-12 col-md-6"> <div class="border mb-0 mt-2 p-1"> <div class="erpl_title-h5 mb-1">Linked documents</div> <br> <div class="erpl_title-h5 mb-1">Study</div> <br> <div class="erpl_document-subtitle small mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-doc mr-1"> <use xlink:href="#es_icon-doc"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegistreWeb/search/simpleSearchHome.htm?references=IPOL_STU(2025)747291&language=EN&sortAndOrder=DATE_DOCU_DESC" class="erpl_document-subtitle-doc"> <span class="t-y"> IPOL_STU(2025)747291 </span> </a> </div> </div> </div> </div> </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">The Banking Union and the decisions of the CJEU</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">15-09-2024</span> <span class="erpl_document-subtitle-fragment ">760.253</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/econ" title="Committee on Economic and Monetary Affairs" class="erpl_badge erpl_badge-committee mr-25"> ECON </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">In-Depth Analysis</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/IDAN/2024/760253/IPOL_IDA(2024)760253_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(523 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: Since the inception of the Banking Union numerous decisions of the CJEU have been issued. The purpose of this paper is to assess the impact of some of the key decisions on the legal framework established 10 years ago, showing how they have been instrumental in supporting a centralised and integrated model of banking supervision at the EU level. In that context, the SSM could represent an example of a truly integrated EU legislative system, with a proper institutional balance. </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">PUBLICATIONS CATALOGUE 2019-2024</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">12-09-2024</span> <span class="erpl_document-subtitle-fragment ">691.721</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/budg" title="Committee on Budgets" class="erpl_badge erpl_badge-committee mr-25"> BUDG </a> <a href="https://www.europarl.europa.eu/committees/en/cont" title="Committee on Budgetary Control" class="erpl_badge erpl_badge-committee mr-25"> CONT </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">Catalog</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/catalog/cont/2021/691721/IPOL-JOIN_CT(2021)691721_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(10 MB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: This catalogue provides the list of publications and events prepared by Policy Department for Budgetary Affairs during the eighth legislative period (2019-2024) in the field of budgetary affairs. The first part gives an overview of the studies and briefings requested by BUDG and CONT sometimes in cooperation with the other committees. The second part lists the workshops held at the request of these committees. Short summaries describe the content of each document. The full-text versions of all documents are available online at: http://www.europarl.europa.eu/supporting-analyses. </div> <div class="mb-25 mt-1"> <strong>Authors </strong>: FISCHER NIELS </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Research for PECH Committee - The EU oceans and fisheries policy - Latest developments and future challenges</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">12-09-2024</span> <span class="erpl_document-subtitle-fragment ">747.291</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/pech" title="Committee on Fisheries" class="erpl_badge erpl_badge-committee mr-25"> PECH </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">Study</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/STUD/2024/747291/IPOL_STU(2024)747291_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(2 MB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: This study provides an overview of the Common Fisheries Policy and other EU policies in relation to Fisheries, Aquaculture, the Blue Economy and International Ocean Governance. The current and future challenges facing these are described. Strengths and weaknesses of EU policy in addressing these challenges are assessed, leading to the authors making a range of specific policy recommendations. </div> <div class="row"> <div class="col-12 col-md-6"> <div class="border mb-0 mt-2 p-1"> <div class="erpl_title-h5 mb-1">Document type</div> <br> <div class="erpl_title-h5 mb-1">Executive summary</div> <br> <div class="erpl_document-subtitle small mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf mr-1"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/STUD/2024/747291/IPOL_STU(2024)747291(SUM01)_DE.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> DE <span class="ml-25 erpl_format-pdf">(161 KB)</span> </span> </a> <a href="https://www.europarl.europa.eu/RegData/etudes/STUD/2024/747291/IPOL_STU(2024)747291(SUM01)_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="ml-25 erpl_format-pdf">(275 KB)</span> </span> </a> <a href="https://www.europarl.europa.eu/RegData/etudes/STUD/2024/747291/IPOL_STU(2024)747291(SUM01)_ES.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> ES <span class="ml-25 erpl_format-pdf">(215 KB)</span> </span> </a> <a href="https://www.europarl.europa.eu/RegData/etudes/STUD/2024/747291/IPOL_STU(2024)747291(SUM01)_FR.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> FR <span class="ml-25 erpl_format-pdf">(157 KB)</span> </span> </a> <a href="https://www.europarl.europa.eu/RegData/etudes/STUD/2024/747291/IPOL_STU(2024)747291(SUM01)_IT.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> IT <span class="ml-25 erpl_format-pdf">(179 KB)</span> </span> </a> </div> </div> </div> </div> <div class="col-12 col-md-6"> <div class="border mb-0 mt-2 p-1"> <div class="erpl_title-h5 mb-1">Linked documents</div> <br> <div class="erpl_title-h5 mb-1">At a Glance</div> <br> <div class="erpl_document-subtitle small mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-doc mr-1"> <use xlink:href="#es_icon-doc"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegistreWeb/search/simpleSearchHome.htm?references=IPOL_ATA(2025)759323&language=EN&sortAndOrder=DATE_DOCU_DESC" class="erpl_document-subtitle-doc"> <span class="t-y"> IPOL_ATA(2025)759323 </span> </a> </div> </div> </div> </div> </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Research for CULT Committee - EU education, youth and sport policy - overview and future perspectives</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">11-09-2024</span> <span class="erpl_document-subtitle-fragment ">752.454</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/cult" title="Committee on Culture and Education" class="erpl_badge erpl_badge-committee mr-25"> CULT </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">Study</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/STUD/2024/752454/IPOL_STU(2024)752454_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(2 MB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: This study provides a comprehensive overview of the situation to date and forward-looking insights in the areas of European Union education and training, youth, and sport policy. It highlights the existing and potential future challenges and opportunities within each policy field and makes recommendations for addressing them. </div> <div class="row"> <div class="col-12 col-md-6"> <div class="border mb-0 mt-2 p-1"> <div class="erpl_title-h5 mb-1">Document type</div> <br> <div class="erpl_title-h5 mb-1">Executive summary</div> <br> <div class="erpl_document-subtitle small mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf mr-1"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/STUD/2024/752454/IPOL_STU(2024)752454(SUM01)_DE.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> DE <span class="ml-25 erpl_format-pdf">(383 KB)</span> </span> </a> <a href="https://www.europarl.europa.eu/RegData/etudes/STUD/2024/752454/IPOL_STU(2024)752454(SUM01)_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="ml-25 erpl_format-pdf">(269 KB)</span> </span> </a> <a href="https://www.europarl.europa.eu/RegData/etudes/STUD/2024/752454/IPOL_STU(2024)752454(SUM01)_ES.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> ES <span class="ml-25 erpl_format-pdf">(342 KB)</span> </span> </a> <a href="https://www.europarl.europa.eu/RegData/etudes/STUD/2024/752454/IPOL_STU(2024)752454(SUM01)_FR.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> FR <span class="ml-25 erpl_format-pdf">(377 KB)</span> </span> </a> <a href="https://www.europarl.europa.eu/RegData/etudes/STUD/2024/752454/IPOL_STU(2024)752454(SUM01)_IT.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> IT <span class="ml-25 erpl_format-pdf">(364 KB)</span> </span> </a> </div> </div> </div> </div> <div class="col-12 col-md-6"> <div class="border mb-0 mt-2 p-1"> <div class="erpl_title-h5 mb-1">Linked documents</div> <br> <div class="erpl_title-h5 mb-1">At a Glance</div> <br> <div class="erpl_document-subtitle small mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-doc mr-1"> <use xlink:href="#es_icon-doc"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegistreWeb/search/simpleSearchHome.htm?references=IPOL_ATA(2024)752455&language=EN&sortAndOrder=DATE_DOCU_DESC" class="erpl_document-subtitle-doc"> <span class="t-y"> IPOL_ATA(2024)752455 </span> </a> </div> </div> </div> </div> </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Research for CULT Committee - EU education, youth and sport policy - overview and future perspectives</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">11-09-2024</span> <span class="erpl_document-subtitle-fragment ">752.455</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/cult" title="Committee on Culture and Education" class="erpl_badge erpl_badge-committee mr-25"> CULT </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">At a Glance</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/ATAG/2024/752455/IPOL_ATA(2024)752455_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(223 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: This at a glance note summarises the study providing a comprehensive overview of the situation to date and forward-looking insights in the areas of European Union education and training, youth, and sport policy. It highlights the existing and potential future challenges and opportunities within each policy field and makes recommendations for addressing them. </div> <div class="row"> <div class="col-12 col-md-6"> <div class="border mb-0 mt-2 p-1"> <div class="erpl_title-h5 mb-1">Linked documents</div> <br> <div class="erpl_title-h5 mb-1">Study</div> <br> <div class="erpl_document-subtitle small mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-doc mr-1"> <use xlink:href="#es_icon-doc"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegistreWeb/search/simpleSearchHome.htm?references=IPOL_STU(2024)752454&language=EN&sortAndOrder=DATE_DOCU_DESC" class="erpl_document-subtitle-doc"> <span class="t-y"> IPOL_STU(2024)752454 </span> </a> </div> </div> </div> </div> </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Recovery and Resilience Dialogue with the European Commission 16 September 2024</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">11-09-2024</span> <span class="erpl_document-subtitle-fragment ">760.236</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/econ" title="Committee on Economic and Monetary Affairs" class="erpl_badge erpl_badge-committee mr-25"> ECON </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">In-Depth Analysis</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/IDAN/2024/760236/IPOL_IDA(2024)760236_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(1 MB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: Executive Vice-President Dombrovskis and Commissioner Gentiloni are invited to the 16th Recovery and Resilience Dialogue (RRD) under the Recovery and Resilience Facility (RRF) Regulation, scheduled for 16 September 2024. The previous RRD took place on 22 April 2024. </div> <div class="mb-25 mt-1"> <strong>Authors </strong>: MAGNUS Marcel, LOI GIACOMO, HANINA KATERYNA </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Recovery and Resilience Plans and the involvement of stakeholders</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">11-09-2024</span> <span class="erpl_document-subtitle-fragment ">760.237</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/econ" title="Committee on Economic and Monetary Affairs" class="erpl_badge erpl_badge-committee mr-25"> ECON </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">In-Depth Analysis</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/IDAN/2024/760237/IPOL_IDA(2024)760237_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(619 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: This paper presents the latest findings and developments related to the Recovery and Resilience Facility (RRF), with a particular focus on stakeholder assessments of its structure and initial implementation. It summarises the perspectives of stakeholders at the EU, national, regional, and local levels concerning the National Recovery and Resilience Plans (NRRPs). Notably, the paper compiles recent opinions and evaluations from EU stakeholders, as well as relevant institutions and bodies, regarding the execution of these plans. </div> <div class="mb-25 mt-1"> <strong>Authors </strong>: LEHOFER WOLFGANG, HANINA KATERYNA </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">10 years of Banking Union case law</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">10-09-2024</span> <span class="erpl_document-subtitle-fragment ">760.235</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/econ" title="Committee on Economic and Monetary Affairs" class="erpl_badge erpl_badge-committee mr-25"> ECON </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">In-Depth Analysis</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/IDAN/2024/760235/IPOL_IDA(2024)760235_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(476 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: Banking Union is crucial for European integration, ensuring financial stability in the single market for financial services. The Court of Justice of the European Union (CJEU) plays an essential role in interpreting and enforcing the legal framework of the Banking Union, especially regarding the Single Supervisory Mechanism (SSM) and the Single Resolution Mechanism (SRM). This in-depth analysis scrutinises the pertinent CJEU case law and highlights its implications for the Banking Union and the EU legal order. This document was provided by the Economic Governance and EMU Scrutiny Unit at the request of the ECON Committee. </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Accountability of the European Banking Union</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">10-09-2024</span> <span class="erpl_document-subtitle-fragment ">760.238</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/econ" title="Committee on Economic and Monetary Affairs" class="erpl_badge erpl_badge-committee mr-25"> ECON </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">In-Depth Analysis</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/IDAN/2024/760238/IPOL_IDA(2024)760238_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(509 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: The European Banking Union has marked a substantial transfer of powers for banking supervision and resolution from the national to the supranational arena. With power and independence comes accountability to ensure that the competences are exercised in accordance with their legal framework. This paper analyses existing accountability mechanisms and concludes that accountability should be strengthened in light of the relevance of supervisory and resolution decisions both on an individual fundamental rights level and at the global policy level. This document was provided by the Economic Governance and EMU Scrutiny Unit at the request of the ECON Committee. </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Gender Mainstreaming in the parliamentary work of the LIBE Committee</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">08-09-2024</span> <span class="erpl_document-subtitle-fragment ">763.964</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/libe" title="Committee on Civil Liberties, Justice and Home Affairs" class="erpl_badge erpl_badge-committee mr-25"> LIBE </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">Briefing</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/BRIE/2024/763964/IPOL_BRI(2024)763964_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(102 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Authors </strong>: SCHONARD Martina </div> <div class="row"> <div class="col-12 col-md-6"> <div class="border mb-0 mt-2 p-1"> <div class="erpl_title-h5 mb-1">Linked documents</div> <br> <div class="erpl_title-h5 mb-1">Study</div> <br> <div class="erpl_document-subtitle small mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-doc mr-1"> <use xlink:href="#es_icon-doc"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegistreWeb/search/simpleSearchHome.htm?references=IPOL_STU(2025)760964&language=EN&sortAndOrder=DATE_DOCU_DESC" class="erpl_document-subtitle-doc"> <span class="t-y"> IPOL_STU(2025)760964 </span> </a> </div> </div> </div> </div> </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">On the transparency and accountability of the SSM</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">04-09-2024</span> <span class="erpl_document-subtitle-fragment ">760.234</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/econ" title="Committee on Economic and Monetary Affairs" class="erpl_badge erpl_badge-committee mr-25"> ECON </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">In-Depth Analysis</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/IDAN/2024/760234/IPOL_IDA(2024)760234_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(680 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: This paper argues that the mandate of the SSM is too imprecise to function as a quantifiable yardstick based on which the performance of the ECB can be objectively evaluated. The accountability mechanisms should therefore focus on policy processes, underlying analyses and motivations instead of results. Based on the transparency index of Liedorp (2013), the SSM appears much more transparent than national supervisors at the time of the SSM’s creation. However, the legislative framework lacks one feature that is usually associated with the concept of accountability, as the EP has no possibility to impose formal sanctions if the SSM underperforms. </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Public hearing with Claudia Buch, Chair of the ECB / SSM Supervisory Board</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">28-08-2024</span> <span class="erpl_document-subtitle-fragment ">760.239</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/econ" title="Committee on Economic and Monetary Affairs" class="erpl_badge erpl_badge-committee mr-25"> ECON </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">Briefing</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/BRIE/2024/760239/IPOL_BRI(2024)760239_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(535 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: This briefing has been prepared for the public hearing with the Chair of the Single Supervisory Mechanism (SSM), Claudia Buch, scheduled for 2 September 2024. The previous hearing took place on 21 March 2024. </div> <div class="mb-25 mt-1"> <strong>Authors </strong>: MAGNUS Marcel, SABOL MAJA, SPITZER Kai Gereon </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">10 years of parliamentary scrutiny over the Single Supervisory Mechanism</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">26-08-2024</span> <span class="erpl_document-subtitle-fragment ">755.728</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/econ" title="Committee on Economic and Monetary Affairs" class="erpl_badge erpl_badge-committee mr-25"> ECON </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">Study</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/STUD/2024/755728/IPOL_STU(2024)755728_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(1 MB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: We first discuss why and how banking supervisors should be held accountable for their activities, then consider the case of the ECB /SSM to report on the academic debate on its faults and merits. We also review the main accountability channels between the ECB and the EP, showing how they have been used since 2014. Finally, we outline some possible steps to improve the ECB’s accountability in the short term. </div> </div> </div> <div class="separator separator-dotted mt-2 mb-2"></div> </div> <div class="erpl_search-results-list-expandable-block"> <div class="erpl_document "> <div class="erpl_document-header"> <h3 class="erpl_document-title erpl_title-h3 mb-0 "> <span class="t-item">Research for CULT Committee - EU culture and creative sectors policy - overview and future perspectives</span> </h3> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-fragment ">22-08-2024</span> <span class="erpl_document-subtitle-fragment ">752.456</span> <span class="erpl_document-subtitle-badges"> <a href="https://www.europarl.europa.eu/committees/en/cult" title="Committee on Culture and Education" class="erpl_badge erpl_badge-committee mr-25"> CULT </a> </span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="-"> <span class="erpl_document-subtitle-documenttype text-primary font-weight-bold">At a Glance</span> </div> <div class="erpl_document-subtitle small mt-25 mb-0" data-separator="|"> <svg aria-hidden="true" class="es_icon es_icon-pdf d-inline-flex mr-25"> <use xlink:href="#es_icon-pdf"></use> </svg> <div class="d-inline"> <a href="https://www.europarl.europa.eu/RegData/etudes/ATAG/2024/752456/IPOL_ATA(2024)752456_EN.pdf" class="erpl_document-subtitle-pdf"> <span class="t-y"> EN <span class="erpl_format-pdf ml-25">(279 KB)</span> </span> </a> </div> </div> </div> <div class="erpl_document-body"> <div class="mb-25 mt-1"> <strong>Summary </strong>: This At a glance note summarises the study providing a comprehensive overview and understanding of the main current and future issues to be expected in the area of EU culture and creative sectors policy in the 2024-2029 term of the European Parliament. </div> <div class="row"> <div class="col-12 col-md-6"> <div class="border mb-0 mt-2 p-1"> <div 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