Otsing
Confirmation hearings of the Commissioners-designate: Teresa Ribera Rodríguez – Executive Vice-President for Clean, Just and Competitive Transition
Teresa Ribera Rodríguez has held senior posts in the Spanish government since 2018, most recently serving as third vice-president of the government and minister for ecological transition and demographic challenge (2021-2024), fourth vice-president of the government and minister for ecological transition and demographic challenge (2020-2021) and minister for ecological transition (2018-2020). Since 2000, Ribera Rodríguez has been involved in the international climate negotiations for the United Nations ...
Confirmation hearings of the Commissioners-designate: Valdis Dombrovskis – Economy and Productivity; Implementation and Simplification
Valdis Dombrovskis is European Commission Executive Vice-President and currently holds an economic and social portfolio, which since 2020 also includes trade. After becoming Commission Vice-President for the Euro and Social Dialogue in 2014, since 2016 he also oversaw Financial Stability, Financial Services and the Capital Markets Union. In 2019, he was promoted to Executive Vice-President for An Economy that Works for People and took over as Trade Commissioner in 2020. In 2014, Dombrovskis was elected ...
The Capital Markets Union – an extra feather to the EMU- Are Capital Markets Important for Monetary Policy?
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 ...
The role for the Advisory European Fiscal Board
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.
How to finance EU's growth model amidst global challenges?
This paper provides a review/summary of 10 papers prepared by external experts, which examine and recommend initiatives for financing the EU's growth model amidst global challenges. These papers were requested by the Committee on Economic and Monetary Affairs (ECON) of the European Ϸվ. They may feed into the policy debate on how to frame a forthcoming new European competitiveness deal as agreed by the European Council.
Public finance in Euro area Member States: Selected indicators July 2024
This briefing presents selected indicators on public finance in the euro area Member States and the euro area as a whole.
This briefing outlines the institutional role of the European Ϸվ in ensuring democratic accountability within the Economic and Monetary Union (Section 1), notably in its three policy pillars - monetary policy (Section 2), economic governance (Section 3), including recovery and resilience facility (Section 4), and banking supervision/resolution (Section 5). It highlights the EP's legal mandates, as well as its practical involvement through dialogues, resolutions, and public hearings.
Single Resolution Board: Accountability arrangements (9th parliamentary term)
This document provides an overview of public hearings and exchange of views with the Chair of the Single Resolution Board (SRB) in the ECON Committee since July 2019. It also provides an overview of all external papers requested by the ECON Committee by a standing panel of banking experts. Lastly, the annex contains an overview of the respective legal bases for these hearings as part of the accountability framework of the SRB. For an overview of public hearings during the 8th parliamentary term, ...
Capital markets union: Overview and state of play
The capital markets union (CMU) is an EU political project aimed at 'de-fragmenting' the markets for corporate financing. The primary objective is to ensure that firms with comparable characteristics obtain comparable financing conditions – especially as regards costs and volumes – regardless of the Member State in which they are located. The objective to de-fragment capital markets is influenced by the context of European monetary union and the single market for goods and services; fragmented financial ...
The Euro at 25: Fit for purpose?
This paper reviews the record of European Central Bank policymaking since the 2010-12 euro crisis in order to develop recommendations on: (1) the ECB’s future monetary policy strategy, (2) its operational framework, and (3) the governance of European Economic and Monetary Union. 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 15 February 2024 ...