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A competitiveness compass for the EU

V stručnosti 05-02-2025

On 29 January 2025, the Commission presented a 'competitiveness compass', an economic framework to guide its work in the coming years. Grounded in the key role of productivity in financing the EU's competitiveness ambitions, the compass is about simplifying legislation, pooling private and public investment in key technologies and mitigating foreign dependencies in order to unleash EU innovation. To this end, the Commission intends to issue up to 47 legislative and non-legislative proposals by the ...

Retail investor package

Briefing 22-04-2024

On 24 May 2023, the European Commission put forward a package of two proposals to amend existing directives and a regulation with a view to fostering retail investor information transparency and ensuring that investment decisions are best for investors. The objective is to enhance trust and confidence, thereby increasing retail investor participation in financing the economy. The package is mostly concerned with clarity in communication and the prevention of misleading marketing. It also seeks to ...

This study provides a mapping of funds contributed by different actors for the R&D and the expansion of the production capacity of COVID-19 vaccines, with a focus on those authorised in the EU. Nine vaccines are examined. It is found that governments, mainly the US (with some not-for-profit entities) decisively supported corporate investments, either for R&D, manufacturing, or both, by nearly EUR 9 billion, i.e. on average EUR one billion of grants per vaccine, with, however, vast variance across ...

Robo-advisors

Šú徱 30-06-2021

This study analyses if and to what extent the current EU legal framework provides effective investor protection for customers of robo-advisors. It puts emphasis on structural conflicts of interests, the difficulties presented by the supervision of algorithms, and potential threats to the stability of the financial system. This document 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 ...

Productivity has a key role to play in the EU's long-term economic growth. The recent economic recovery has reversed the negative trend but concerns remain about long-term prospects. Productivity varies across the EU, with newer Member States reaching only about half the level of the older ones (EU-15) when measured in terms of gross domestic product (GDP) per hour worked, but showing a higher growth dynamic. The recent poor productivity growth in the EU raises a number of important policy questions ...

The objective of this study is to describe the role of Public-Private Partnerships (PPPs) in Cohesion Policy. The study finds that the use of PPPs in Cohesion Policy has been limited and concentrated in a number of Member States and sectors, in spite of favourable regulatory changes. Evidence shows that PPPs are useful instruments to implement projects on time and on budget, but the assessment of outcomes over the long-term period is still limited and not conclusive.

Social enterprises combine social goals with entrepreneurial activity. They represent a business model focused on having a positive social or environmental impact rather than simply making profit for shareholders. Social enterprises make a valuable contribution to the economy and society, operating mainly in local communities and covering areas such as education, healthcare, social services, work integration and environmental protection. They are also an increasingly popular choice for outsourcing ...

This initial appraisal concludes that the Commission's impact assessment is based on sound knowledge and on relevant data relating to the investment funds industry. However, the evidence regarding specifically the two fund frameworks under review - European venture capital funds and European social entrepreneurship funds - is, by the IA's own admission, limited. The IA and the review attached to it do not cover all the points listed in the review clauses of the two regulations, for instance the geographical ...

The European Central Bank has adopted a series of unconventional monetary policy measures to combat the financial crisis and ward off the risks of a too prolonged period of low inflation. The policy package has led to a tangible improvement in borrowing conditions for both households and firms. Sovereign bond rates have reached record low levels even at relative long maturities in several euro-area countries. In theory lower financing costs should support consumption and investment via the increase ...

This compilation of notes requested by the Committee on Economic and Monetary Affairs (ECON) for the June 2016 Monetary Dialogue looks into the key factors which are holding back investment in the euro area notwithstanding a very loose monetary policy stance.