Fittex
Cross-border enforcement of the Unfair Trading Practices Directive
The 2019 Unfair Trading Practices (UTP) Directive sought to address imbalances in bargaining power between suppliers and buyers of agricultural products. The directive was primarily aimed at protecting farmers, as a weaker party, selling their products to big supermarkets and food processing companies. However, experience has shown that the directive does not always provide a sufficient legal basis for mutual assistance in cross-border investigations. The Commission's proposal for a new regulation ...
Research for the AGRI committee: The role of commodity traders in shaping agricultural markets.
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 ...
Protecting consumers and tackling unfair competition by boosting EU oversight in e-commerce and imports
The EU's new product safety rulebook contains obligations for economic operators (i.e. manufacturers, importers and distributors) which import products from third countries, as well as specific rules for online marketplaces. This legislation was signed into law on 10 May 2023 and will apply from 13 December 2024. During the October II part-session, ºÏ·¨²©²ÊÍøÕ¾ will debate a statement from the Commission on product safety and unfair competition, with regard in particular to online imports from third ...
Screening of foreign investments in the Union
On 24 January 2024, the European Commission published a legislative proposal under the ordinary legislative procedure for a new regulation on the screening of foreign investments in the Union. It seeks to revise and repeal Regulation (EU) 2019/452 establishing a framework for the screening of foreign direct investments into the Union. ºÏ·¨²©²ÊÍøÕ¾'s committee on international trade is expected to be in the lead to draft a report with contributing opinions from other committees; once adopted by the ...
Closing the EU’s inflation governance gap
This report investigates how the EU should deal with shockflation - inflation unleashed by shocks to systemically significant prices such as energy and food. We argue that the ECB’s monetary policy is not an adequate instrument to deal with this kind of inflation. Therefore, the EU currently lacks adequate governance structures. The EU should develop a new inflation governance framework that targets shocks to systemically significant prices directly, before they are propagated through the economy ...
Pan-European Public Goods: Rationale, Financing and Governance
Amidst a changed global environment and with the goal to defend its geopolitical weight, the EU should provide public goods with EU value added, so that efficiency gains can be achieved at the EU level. We propose an expanded EU budget to serve the dual role of more automatic stabilisation and the provision of EU public goods, where the European ºÏ·¨²©²ÊÍøÕ¾ should have an enhanced role in setting investment priorities. We discuss three such areas of investment priority – infrastructure, defence and ...
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 ...
2024 Recommendations on the economic policy of the Euro Area: A comparison of Commission and Council texts (the ‘comply or explain’ principle)
This document compares the draft 2024 Recommendation for the economic policy of the Euro Area proposed by the European Commission on 21 November 2023 with the 2023 Euro Area Recommendation approved by the Council (ECOFIN) on 16 January 2023.
Banking union: Overview and state of play
The banking union is a regulatory framework that establishes a single prudential rulebook for banks, and – for banks the failure of which it is considered would have a significant impact – a single supervisor and a Single Resolution Fund. Created as a policy response to the 2007-2008 banking crisis, banking union is essential for European monetary union and the level playing field in the EU single market for goods and services. The lessons learned during the banking crisis were a key foundation for ...
Stakeholder consultation report on the implementation of selected aspects of the EU-Canada Comprehensive Economic and Trade Agreement (CETA)
ºÏ·¨²©²ÊÍøÕ¾'s Committee on International Trade is currently scrutinising implementation of the EU-Canada Comprehensive Economic and Trade Agreement (CETA) through a dedicated report. This stakeholder consultation report offers evidence in support of the committee's work on the implementation report. The stakeholder consultation report focuses on key areas that have garnered significant attention throughout the CETA negotiations and the ratification process. It also discusses provisions ...