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In the context of the COVID-19 pandemic, the President of the European Parliament has established a number of measures to contain the spread of the virus and to safeguard Parliament's core activities. The current precautionary measures do not affect work on legislative priorities. Core activities are maintained to ensure the smooth running of the institution's legislative, budgetary, and scrutiny functions. The meetings allow for remote participation in a virtual environment. The next REGI Committee meeting will take place on Monday 27 September 2021 from 13.45-15.45 | |
The next JURI Committee meetings are scheduled on: - 30 September 2021, 9.00-11.00 and 16.45-17.45
- 11 October 2021, 13.45-15.45
- 14 October 2021, 13.45-15.45
- 27 October 2021, 9.00-12.00, 13.45-15.45 and 16.45-18.45
- 28 October 2021, 9.00-12.00, 13.45-15.45 and 16.45-18.45
In the context of the COVID-19 pandemic, the President of the European Parliament has established a number of measures to contain the spread of the virus and to safeguard Parliament's core activities. The current precautionary measures do not affect work on legislative priorities. Core activities are maintained to ensure the smooth running of the institution's legislativ | |
REPORT on a European Parliament recommendation to the Vice-President of the Commission / High Representative of the Union for Foreign Affairs and Security Policy on EU-Taiwan political relations and cooperation Committee on Foreign Affairs Charlie Weimers
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In the context of the COVID-19 pandemic, the President of the European Parliament has established a number of measures to contain the spread of the virus and to safeguard Parliament's core activities. The current precautionary measures do not affect work on legislative priorities. Core activities are maintained to ensure the smooth running of the institution's legislative, budgetary, and scrutiny functions. The meetings allow for remote participation in a virtual environment. Next AIDA public hearings will take place on Thursday, 30 September 2021 (9.00-12.00) and on Monday, 11 October 2021 (13.45-15.45) |
To celebrate the European Day of Languages, the CULT Committee will hold an exchange of views with participation of experts Carlos Mendez ( Principal Research Fellow at European Policies Research Centre Delft and Glasgow) and Michele Gazzola, (Lecturer in Public Policy and Administration at the School of Applied Social and Policy Sciences at the University of Ulster) who will present preliminary findings of the study on the multilingualism in the EU institutions. Source : © European Union, 2021 - EP | |
In the context of the COVID-19 pandemic, the President of the European Parliament has established a number of measures to contain the spread of the virus and to safeguard Parliament's core activities. The current precautionary measures do not affect work on legislative priorities. Core activities are maintained to ensure the smooth running of the institution's legislative, budgetary, and scrutiny functions. The meetings allow for remote participation in a virtual environment. Following these decisions, the next CULT Committee meeting with remote participation will take place on: Monday 27 September from 10:00-12: | |
At the DROI meeting of 27 September Soraya Rodríguez Ramos, rapporteur, will present her draft report "Annual report on human rights and democracy in the world 2021". The report analyses the current trends and threats to human rights and democracy in the world, and gives policy recommendations for the consideration of the Commission, the EEAS and the governments of the EU Member States.
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In the context of the COVID-19 pandemic, the President of the European Parliament has established a number of measures to contain the spread of the virus and to safeguard Parliament's core activities. The current precautionary measures do not affect work on legislative priorities. Core activities are maintained to ensure the smooth running of the institution's legislative, budgetary, and scrutiny functions. The meetings allow for remote participation in a virtual environment. Following these decisions, the next AGRI Committee meetings will take place in Brussels via videoconference on:
- 30 September 2021, 13.45-15.45 (Public hearing)
- 11 October 2021, 16.45-18.45
- 26 October 2021, 9.00-12.00
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In the context of the COVID-19 pandemic, the President of the European Parliament has established a number of measures to contain the spread of the virus and to safeguard Parliament's core activities. The current precautionary measures do not affect work on legislative priorities. Core activities are maintained to ensure the smooth running of the institution's legislative, budgetary, and scrutiny functions. The meetings allow for remote participation in a virtual environment. Following these decisions, the next remote EMPL meetings will take place on: Monday 27 September 2021, 10.00 - 10.15 Thursday 30 September 2021, 9.15 - 10.45 (Joint EMPL-FEMM meeting) in room Paul-Henri Spaak (3C050) Thursday 30 September 2021, 13.45 - 16.15 and 16.45 - 18.45 in room József Antall (4Q2) |
Η Κοινή Γεωργική Πολιτική αποτελεί εδώ και καιρό μια από τις εμβληματικές πολιτικές της ΕΕ. Ας ρίξουμε μια αναδρομική ματιά στον τρόπο που έχει διαμορφώσει την ευρωπαϊκή γεωργία και στον τρόπο που η ΚΓΠ γίνεται πιο πράσινη και πιο δίκαιη, διατηρώντας στο επίκεντρό της τα δικαιώματα των γεωργών.
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As the ECB follows the time-honoured inflation targeting strategy, it runs the risk of, once more, failing to normalise its policy in time for the next unexpected shock. With interest rates at their lower bounds and facing historic uncertainty that undermines its policy effectiveness, a strong case can be made for developing a Plan B. This paper was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the committee on Economic and Monetary Affairs (ECON) ahead of the Monetary Dialogue with the ECB President on 27 September 2021.
Πηγή : © Ευρωπαϊκή Ένωση, 2021 - EK | |
The idea of financial dominance has gained some notoriety in recent years as a further constraint on central bank policymaking. This paper examines the reality of financial dominance and how the financial sector may be an impediment to the necessary unwinding of all unconventional monetary policies in Europe. In line with the existing literature, I conclude that the financial sector has been made more vulnerable as a result of quantitative easing – and allowing the financial tail to wag the monetary dog will lead to only more vulnerability. This paper was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the committee on Economic and Monetary Affairs (ECON) ahead of the Monetary Dialogue with the ECB President on 27 September 2021.
Πηγή : © Ευρωπαϊκή Ένωση, 2021 - EK | |
This note provides a brief overview of Parliament involvement in scrutinising the Recovery and Resilience Facility (and the European Union Recovery Instrument). It is based on Regulation 2021/241 of 21 February, setting out the Recovery and Resilience Facility, and the relevant parts of the new Interinstitutional Agreement on budgetary matters established between the Parliament, the Council and the Commission. It does not cover nor discusses in detail other instruments or frameworks for scrutiny, namely those relating to the European Semester, EU budgetary procedures, written or oral questions or any discharge procedures. This paper updates an earlier one initially published on January 2021.
Πηγή : © Ευρωπαϊκή Ένωση, 2021 - EK | |
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
Πηγή : © Ευρωπαϊκή Ένωση, 2021 - EK | |
Structured analysis of the current scientific evidence on the effects of sustainability reporting including non-financial performance indicators, stand-alone sustainability reporting as well as integrated reporting. It discusses the benefits and challenges particularly related to internal decision-making, external transparency as well as financial and non-financial/environmental, social and governance effects. Further, it offers policy recommendations in view of the European Commission’s proposal on the Corporate Sustainability Reporting Directive.
Πηγή : © Ευρωπαϊκή Ένωση, 2021 - EK | |
In this paper we briefly review the macroeconomic theory of inflation, relating it to the recent developments in the advanced economies. Then, we analyse the drivers of the rise in inflation observed in 2021 in the United States and in Europe, and we illustrate the factors that may affect the inflationary scenario of the advanced economies in the longer term. Finally, we discuss what challenges the Federal Reserve and the European Central Bank have to meet in the face of current inflationary pressures. This paper was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the committee on Economic and Monetary Affairs (ECON) ahead of the Monetary Dialogue with the ECB President on 27 September 2021.
Πηγή : © Ευρωπαϊκή Ένωση, 2021 - EK | |
Financial dominance describes a situation in which a central bank does not dare to tighten its policy stance as this would threaten the stability of the financial system. The danger of this happening is limited at present. The banking system is well capitalised. Private credit has not expanded much, not even during the COVID-19 recession in most euro area countries – except in France. However, in some countries, the financial sector remains highly exposed to sovereign debt. "Indirect financial dominance" could thus easily arise if sovereign risk premia return. Continuing asset purchases under the PEPP increases the danger of fiscal dominance. This paper was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the committee on Economic and Monetary Affairs (ECON) ahead of the Monetary Dialogue with the ECB President on 27 September 2021.
Πηγή : © Ευρωπαϊκή | |
This document provides a state of play of the Recovery and Resilience Plans (RRPs) under the Recovery and Resilience Facility (RRF) covering, notably, Commission assessment and Council adoption procedures. It is based on an earlier EGOV paper, dated June 2021. The document will be regularly updated.
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The departure of United States (US) and North Atlantic Treaty Organization (NATO) troops from Afghanistan marks the end of a 20-year military campaign that was launched in 2001 to eliminate the Taliban's ability to provide sanctuary for international terrorists, especially al-Qaeda, and stabilise the country with the help of a democratically elected government. However, as the last US soldier boarded a US military aeroplane on 31 August 2021, terrorists were firing rockets at Kabul airport, members of the democratically elected government, including the president, had either fled abroad or were in hiding, and the Taliban had taken back control of most of Afghanistan. On 7 September 2021, the Taliban announced an all-male caretaker government drawn entirely from the Taliban movement, contrary to earlier promises that the new government would be 'inclusive'. So far, no country has recognised the interim government. There have been reports of reprisals against security personnel, individu | |
Regarding health data, its availability and comparability, the Covid-19 pandemic revealed that the EU has no clear health data architecture. The lack of harmonisation in these practices and the absence of an EU-level centre for data analysis and use to support a better response to public health crises is the focus of this study. Through extensive desk review, interviews with key actors, and enquiry into experiences from outside the EU/EEA area, this study highlights that the EU must have the capacity to use data very effectively in order to make data-supported public health policy proposals and inform political decisions. The possible functions and characteristics of an EU health data centre are outlined. The centre can only fulfil its mandate if it has the power and competency to influence Member State public-health-relevant data ecosystems and institutionally link with their national level actors. The institutional structure, its possible activities and in particular its usage of adv | |
Euro area inflation reached 3% in August, a rapid increase from August 2020 when it was -0.3%. As the inflation rate now outpaces the ECB's medium-term target of 2%, could it become a concern for the central bank? After showing that the health crisis was unprecedented in its nature and sectoral characteristics, we study the determinants of inflation in the short term and then discuss various elements that could influence the trajectory of future inflation and mitigate inflation fears. This paper was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the committee on Economic and Monetary Affairs (ECON) ahead of the Monetary Dialogue with the ECB President on 27 September 2021.
Πηγή : © Ευρωπαϊκή Ένωση, 2021 - EK | |
Consumer price inflation in the euro area has sharply risen to 3% in the course of 2021. This increase was mainly due to higher energy prices and other transitory factors. Recent macroeconomic forecasts generally expect inflation to return to below target values next year. However, there are several factors in place that could lead to more sustained upward pressure on prices, and materialisation of these upward risks could force the ECB to take difficult choices. This paper was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the committee on Economic and Monetary Affairs (ECON) ahead of the Monetary Dialogue with the ECB President on 27 September 2021.
Πηγή : © Ευρωπαϊκή Ένωση, 2021 - EK | |
Inflation in the euro area, as measured by the harmonised index of consumer prices (HICP), has risen to 3% in August 2021. According to the latest projections, the European Central Bank (ECB) expects inflation to increase further in the fourth quarter, and then decline to 1.7% (2022) and 1.5% (2023), well below its medium-term target of 2%. Will the current increase of inflation truly be short-lived because it is driven by temporary factors? Or has, after years of persistently low inflation, the disruption caused by COVID-19 ushered in a period of more sustained inflationary pressure? Five papers were prepared by the ECON Committee’s Monetary Expert Panel, looking into the drivers of the current rise in inflation, factors likely to influence the medium-term path of inflation, and implications for monetary policy. This publication is provided by Policy Department A for the Committee on Economic and Monetary Affairs (ECON), ahead of the Monetary Dialogue with ECB President Lagarde | |
The concept of financial dominance may be simplified as a situation where monetary policy becomes dominated by short-term concerns about the financial sector. As such, it may distract the central bank from its primary objective of maintaining price stability. While other policies, e.g. macroprudential, are considered the first line of defence against financial instability, following the 2007-2008 global financial crisis, financial stability considerations became an integral part of monetary policy decision-making in advanced economies. The interplay between these considerations and the central bank’s primary objective could become relevant in the post-pandemic environment. Four papers were prepared by the ECON Committee’s Monetary Expert Panel, assessing the risk of financial dominance and disorderly market reactions to monetary policy decisions in the euro area. This publication is provided by Policy Department A for the Committee on Economic and Monetary Affairs (ECON), ahead o | |
Inflation jumped to 3% in August raising questions about whether the ECB needs to alter its monetary policy. This paper reviews the recent evidence on euro area inflation and concludes the current increase is likely to be temporary, being driven by a rise in energy prices that is likely to end soon and a range of temporary factors relating to the pandemic. This paper was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the committee on Economic and Monetary Affairs (ECON) ahead of the Monetary Dialogue with the ECB President on 27 September 2021.
Πηγή : © Ευρωπαϊκή Ένωση, 2021 - EK | |
Although energy price volatility has recently been the largest contributor to movements in the headline inflation rate, there are other factors indicating that inflation in the euro area will remain elevated in the months ahead. However, most of them have only a temporary effect. A major risk to the further development of inflation is a rise in inflation expectations, which should be monitored critically. This paper was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the committee on Economic and Monetary Affairs (ECON) ahead of the Monetary Dialogue with the ECB President on 27 September 2021.
Πηγή : © Ευρωπαϊκή Ένωση, 2021 - EK | |
In this paper we briefly review the macroeconomic theory of inflation, relating it to the recent developments in the advanced economies. Then, we analyse the drivers of the rise in inflation observed in 2021 in the United States and in Europe, and we illustrate the factors that may affect the inflationary scenario of the advanced economies in the longer term. Finally, we discuss what challenges the Federal Reserve and the European Central Bank have to meet in the face of current inflationary pressures. This paper was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the committee on Economic and Monetary Affairs (ECON) ahead of the Monetary Dialogue with the ECB President on 27 September 2021.
Πηγή : © Ευρωπαϊκή Ένωση, 2021 - EK | |
Financial dominance describes a situation in which a central bank does not dare to tighten its policy stance as this would threaten the stability of the financial system. The danger of this happening is limited at present. The banking system is well capitalised. Private credit has not expanded much, not even during the COVID-19 recession in most euro area countries – except in France. However, in some countries, the financial sector remains highly exposed to sovereign debt. "Indirect financial dominance" could thus easily arise if sovereign risk premia return. Continuing asset purchases under the PEPP increases the danger of fiscal dominance. This paper was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the committee on Economic and Monetary Affairs (ECON) ahead of the Monetary Dialogue with the ECB President on 27 September 2021.
Πηγή : © Ευρωπαϊκή | |
As the ECB follows the time-honoured inflation targeting strategy, it runs the risk of, once more, failing to normalise its policy in time for the next unexpected shock. With interest rates at their lower bounds and facing historic uncertainty that undermines its policy effectiveness, a strong case can be made for developing a Plan B. This paper was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the committee on Economic and Monetary Affairs (ECON) ahead of the Monetary Dialogue with the ECB President on 27 September 2021.
Πηγή : © Ευρωπαϊκή Ένωση, 2021 - EK | |
The idea of financial dominance has gained some notoriety in recent years as a further constraint on central bank policymaking. This paper examines the reality of financial dominance and how the financial sector may be an impediment to the necessary unwinding of all unconventional monetary policies in Europe. In line with the existing literature, I conclude that the financial sector has been made more vulnerable as a result of quantitative easing – and allowing the financial tail to wag the monetary dog will lead to only more vulnerability. This paper was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the committee on Economic and Monetary Affairs (ECON) ahead of the Monetary Dialogue with the ECB President on 27 September 2021.
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This meeting of the Committee on Budgets will mark an important milestone of the budgetary year, as Members will process the 1450 amendments tabled to the Council's position on the Commission's Draft Budget 2022. Following the publication of the Commission's consolidated Draft Budget on 9 July 2021, the Council formally adopted its reading on 6 September, cutting EUR 1,43 billion in commitments.
The General Rapporteur for Section III, Karlo Ressler, and the Rapporteur for Other Sections, Damian Boeselager, will present their compromise proposals resulting from intense work with the shadow rapporteurs, as well as their voting recommendations befo | |
The Commission announced in March 2021 a revision of the Financial Regulation to align it with the legal acts adopted in the context of the 2021-2027 Multiannual Financial Framework (MFF) package. The BUDG and CONT committees decided to jointly issue an Own-Initiative report to set out their views on the revision, notably as regards the improvement of parliamentary oversight, democratic accountability and ability to respond to citizens' needs.
The meeting will take place on 28 September (10:30 - 11:30). | |
BUDG Members will exchange views with Director-General Gert Jan Koopman from the European Commission's DG Budget on the current state of play of the Union budget support to Afghanistan and to refugees from Afghanistan in neighbouring countries.
The exchange follows the recent dramatic events in Afghanistan, leading to an increase in the humanitarian aid budget needed for its inhabitants. The overtake of its government raises questions regarding the future of the EU policy and funding vis-a-vis the country.
In her State of the Union speech, President of the Commission Ursula Von der Leyen committed to present a "wider Afghan Support Package" |
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After two years of negotiations, the text of a renewed partnership agreement between the European Union (EU) and the African, Caribbean, and Pacific (ACP) states was initialled in April 2021. The current partnership agreement (‘Cotonou’) was due to expire in February 2020. The then ACP Group of States – which later became the Organisation of the ACP States (OACPS) – and the EU started negotiations on a 'post-Cotonou' agreement in September 2018. The EU and the OACPS agreed on the principle of a common foundation complemented by three regional protocols. The multi-level negotiations, the coronavirus crisis and difficulties in reaching agreement on sensitive issues, such as migration management and sexual and reproductive health and rights, prevented the new agreement from being finalised by the initial expiry date set in the Cotonou Agreement. Thus, to avoid a legal vacuum in relations, the provisions of that agreement were extended until the end of 2021. The European Parliament insiste |
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Following research findings on the positive impact of early childhood education, EU education ministers set a participation target for 2030 at 96 % of all children three years and over. This will depend on having enough places that are accessible and affordable. At the same time, the quality of the provision is just as important to reap the potential benefits. This infographic looks at the current participation of young children in early childhood education and what Member States are doing to improve upon it.
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Regarding health data, its availability and comparability, the Covid-19 pandemic revealed that the EU has no clear health data architecture. The lack of harmonisation in these practices and the absence of an EU-level centre for data analysis and use to support a better response to public health crises is the focus of this study. Through extensive desk review, interviews with key actors, and enquiry into experiences from outside the EU/EEA area, this study highlights that the EU must have the capacity to use data very effectively in order to make data-supported public health policy proposals and inform political decisions. The possible functions and characteristics of an EU health data centre are outlined. The centre can only fulfil its mandate if it has the power and competency to influence Member State public-health-relevant data ecosystems and institutionally link with their national level actors. The institutional structure, its possible activities and in particular its usage of adv | |
On 30 June 2021, the Commission adopted a proposal for a general product safety regulation, which would replace the current General Product Safety Directive, as part of the regulatory fitness-check programme (REFIT). The proposal seeks to address the challenges of product safety of emerging technologies, including use of artificial intelligence (AI) and connected devices, and to establish clear obligations for online marketplaces, which consumers increasingly use for their online purchases. The proposal would create a single set of market surveillance rules for both harmonised and non-harmonised products, including by aligning the provisions with the Market Surveillance Regulation, and would improve the effectiveness of product recalls. For non-harmonised products where neither manufacturers nor distributors are established in the European Union, it would introduce a requirement for a person to be responsible for the product in the Union. The proposal would clarify consumer remedies an | |
Structured analysis of the current scientific evidence on the effects of sustainability reporting including non-financial performance indicators, stand-alone sustainability reporting as well as integrated reporting. It discusses the benefits and challenges particularly related to internal decision-making, external transparency as well as financial and non-financial/environmental, social and governance effects. Further, it offers policy recommendations in view of the European Commission’s proposal on the Corporate Sustainability Reporting Directive.
Πηγή : © Ευρωπαϊκή Ένωση, 2021 - EK |
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