This archive contains all documents published by cep over the last few years:
cepAdhoc: Incisive comment on current EU policy issues.
cepPolicyBrief: Concise 4-page reviews of EU proposals (Regulations, Directives, Green Papers, White Papers, Communications) – including a brief summary and economic and legal assessments.
cepInput: Impulse to current discussions of EU policies.
cepStudy: Comprehensive examination of EU policy proposals affecting the economy.
As a reaction to serious tension on the financial market, on 21. July 2011, the heads of states and governments of the euro zone decided to amend the existing EFSF. The objective of the amendments is to increase the operative volume of the EFSF and to provide it with new legal instruments.
The MFF sets the legally binding ceilings for the annual budgets in advance and thus serves to maintain the budgetary discipline and the transparency of the budgetary procedure. The Commission proposes an EU financial volume to the amount of 1.11% of GNI (1,083 bn Euro). It is to consist of the actual MFF to the amount of 1.05% of GNI (1,025 bn Euro) and ), and further “possible“ expenditures outside the MFF to the amount of 0.06% of GNI (58 bn Euro) which are increased compared to the volume of 2007-2013.
The EU has been granting tariff preferences to developing countries since 1971 to help them improve their performance on the global market and to aid their economic development. The basis for that is the “Scheme of Generalised Tariff Preferences” (GSP). The Commission wishes to revise the existing tariff preference scheme and to suspend a number of countries which until now have been GSP beneficiaries as it deems them competitive at international level.
“Implementing acts” serve the purpose of implementing legislative EU acts. The implementation of legally binding EU acts subject to national law is principally a task of the Member States. If an implementation is required throughout the EU, the basic act provides for a conferment of powers upon the Commission. The Regulation Proposal is laying down the rules for control by Member States of the Commission’s exercise of implementing powers.
With the entry into force of the Treaty of Lisbon the legal basis for the comitology system- the procedure according to which the EU Commission may adopt acts - was revoked. In future, the delegation of legislative powers to the Commission will be subjected to Art. 290 and 291 TFEU. However, detailed rules regarding the delegation and scrutiny of how these are exercised are not provided for in the new Treaty. These will have to be the objective of an agreement to be concluded between the European Parliament, the Council and the Commission. However, the interests of these parties differ considerably in parts. In its Communication (COM(2009) 673 the Commission has presented its vision of how the new procedure should be shaped.