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Sweden's national recovery and resilience plan (NRRP) is financed by the EU Recovery and Resilience Facility (RRF). The NRRP's total volume increased from an initial €3 289 million to €3 502 million in the revised version. The total amount of funds under the RRF was revised in June 2022, which reduced the final amount allocated to Sweden to €3 181 million. Adding to this its REPowerEU grant allocation of €198 million and the requested transfer of €66 million of its share of the Brexit Adjustment ...

This paper has been drafted to assist the European Ϸվ's Committees on Economic and Monetary Affairs (ECON) and on Budgets (BUDG) in the context of their work on an implementation report on the Recovery and Resilience Facility. Based on publicly available information, it provides a literature review of EU reports and academic papers on the state of play of the implementation of the Recovery and Resilience Facility. It also summarises the main topics of recent parliamentary resolutions and ...

This is the third edition of a study on the European Commission's follow-up to European Ϸվ requests as expressed in non-legislative resolutions based either on ordinary own-initiative reports (INIs) or on Article 225 TFEU legislative-initiative reports (INLs). Analysing the Commission's replies in formal follow-up documents (for INIs) and in letters in reply to legislative-initiative reports (INL), this joint DG PRES and DG EPRS project seeks to support the European Ϸվ's scrutiny ...

This publication seeks to assist the Members of the European Ϸվ Committee on Budgetary Control (CONT) in their work relating to the 2022 discharge procedure, scrutinising how the general budget of the European Union is spent. It is based on a sample of 13 special reports by the European Court of Auditors (ECA), which were presented during CONT committee meetings in the 12 months from December 2022 to November 2023, and for which the committee secretariat prepared working documents. The analysis ...

Payment services enable digital payments through direct debits, credit transfers or payments with cards or similar devices. Within the EU, these are regulated through the revised Payment Services Directive (PSD2), which sets rules for payment services, their providers and consumer protection. Announced in September 2021 under the digital finance strategy and the retail payments strategy, the Commission published two proposals on the revision of PSD2 on 28 June 2023 as part of the financial data access ...

More than 3 years after the entry into application of the Geo-blocking Regulation (GBR) and more than 2 years after the publication of the Commission report on the first short-term review of the GBR, the European Ϸվ's Committee on the Internal Market and Consumer Protection (IMCO) decided to draft a report to establish the extent to which implementation of the GBR had contributed to the integration of the internal market and thereby to better deals for consumers and more opportunities for ...

Initially announced in the Commission work programme for 2021, the European Commission postponed its proposals for the review of the bank crisis management and deposit insurance framework to 2023. As a central element of banking union, this framework consists of the Bank Recovery and Resolution Directive (BRRD), the Deposit Guarantee Schemes Directive (DGSD) and the Single Resolution Mechanism Regulation (SRMR). The BRRD lays down rules and procedures for the recovery and resolution of banks at national ...

This publication seeks to assist the Members of the European Ϸվ's Committee on Budgetary Control (CONT) in their work related to the 2021 discharge procedure, scrutinising how the general budget of the European Union is spent. It is based on a sample comprising 17 special reports by the European Court of Auditors (ECA), which have been presented during CONT committee meetings over the past 12 months (December 2021 to November 2022), and for which the committee secretariat prepared working ...

This paper summarises the findings and provides some further details of the replies received from a survey on the involvement of national parliaments in scrutinising the implementation of Recovery and Resilience Facility, notably the Recovery and Resilience Plans at the national level. This survey aimed to keep stock of whether and how EU national parliaments are involved in the implementation of the RRF. It was addressed directly to EU national parliament services and reflected developments in the ...

This study seeks to present a comprehensive overview of non-legislative resolutions adopted by the Ϸվ between July 2019 and December 2021 on the basis of own-initiative reports, in the light of the response provided by the Commission, the subsequent follow-up documents and related actions undertaken by the Commission up to 31 January 2022. The publication is part of Ϸվ’s Strategic Execution Framework (2019-2021). The aim of this joint DG PRES and DG EPRS project on 'Improved reporting ...