Publication Archive

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.

 

 

2014

With the latest Recommendation C(2009) 3177 of 30. April 2009 the Commission revises the already existing Recommendation 2004/913/EC and 2005/162/EC regulating the remuneration of directors of listed companies. While the existing Recommendations focus on the procedures and responsibilities when fixing the remuneration of directors the Commission now intervenes into the design of remuneration agreements. The Commission mainly wishes remuneration to be based on performances in the future and generates incentives to ensure the medium and long-term economic sustainability of companies. In particular, the Recommendation contains details on variable components of remuneration and termination payments.

2014

The Commission and many Member States have announced to support the deployment of boradband networks as part of their economic recovery packages. This includes not only traditional broadband networks but also new "NGA Networks". However, subsidies (State aid) are subject to certain conditions which the Commission clarifies in its latest Guidelines.

2014

The public sector possesses extensive information such as satellite images, judicial decisions or statistics ("Public Sector Information" - PSI), all of which can serve as raw material for products and services offered by private providers such as navigation systems, weather forecasts or financial services. The Directive 2003/98/EC (“PSI Directive“) is to remove barriers to the private use (“re-use”) of PSI in the internal market. The aim of the Communication is to review the impact thus far of the PSI Directive and to show new ways to tap the full economic potential in re-using PSI.

2014

The EU Commission is of the opinion that EU financial supervision needs to be adjusted. According to the Commission, particularly the system of national supervisory models is no longer capable of keeping pace with the challenges emerging from financial firms operating across borders. To this end, the Commission wishes to establish a European system of financial supervisors (ESFS) and a European systemic risk council (ESRC).

2014

The Commission expects a dramatic increase in public spending for pension, healthcare and the care of elderly people within Member States by 2060. Therefore, it is urging for necessary structural reforms of social insurance systems. Furthermore, it promotes higher education budgets and target-oriented measures to activate the job market.

2014

The financial crisis has led to a controversial public debate about bonus payments to staff members of the financial industry. The EU-Commission is responding by submitting a Recommendation which has public appeal but is legally non-binding and which is to be regarded above all as a political signal. However, for the banking sector the Commission announced that it would be proposing in June 2009 amendments to the Directive on capital requirements for banks (“Basel II”), which should allow the inclusion of remuneration practices into capital requirements for financial service providers.

2014

According to the Commission the potential of liberalisation of the electricity and gas markets should be further tapped. Competitive solutions are to increasingly enjoy priority over price regulation. Moreover, the Commission is making statements on the frequency of supplier switching.

2014

In the end there seemed to be too much political pressure. Shortly before the EU-Elections the Commissioner for the Single Market McCreevy presented a proposal for the regulation of alternative investment funds (AIF), in particular of hedge funds and private equity funds.

2014

The concept of a “European maritime transport space without barriers“ aims to eliminate or simplify administrative procedures in intra-EU maritime transport. Thus it is to be made “more attractive, more efficient and more competitive“ and more environmentally friendly.

2014

According to the Commission climate change requires adaptation measures in key policy sectors such as health and social affairs, agriculture and infrastructure. In order to supplement the expenses of Member States and to share burdens, adaptation measures could be financed through EU spending programmes.

2014

In response to the financial crisis the EU-Commission strengthens CEBS-, CESR- and CEIOPS-Committees and provides to them additional funding. The Committees are to enhance closer cooperation between national supervisory authorities and to strengthen the stability of the financial system.

2014

The EU-Commission has fundamentally revised the EU Codex for Medicinal Products in its Pharmaceutical Package presented in December 2008. The focus lies on informations for patients, the protection against falsified medical products and the monitoring of authorised medical products (pharmacovigilance). For the latter, essential improvements are the obligation for an implementation of a risk-management-system for all newly authorised medical products and the option for authorities to impose requirements even after authorisation.

2014

The European Commission wants to reduce the administrative burdens of micro-entities. It is therefore proposing an amending Directive, which would enable Member States to exempt micro-entities from the obligation to draw up annual accounts.

2014

The consumer markets scoreboard serves to monitor the “performance“ of the internal market from the consumers’ perspective and to identify parts of it that “are not functioning well“. Moreover, consumer options for cross-border shopping within the EU are to be assessed and the general conditions for effective consumer protection in the single Member States be benchmarked.

2014

The Proposal for a Directive is to recast the "WEEE Directive" 2002/96/EC, which regulates the waste management of electrical and electronic equipment. The adverse impact of this waste on the environment and human health is to be prevented and used more efficiently as a source of raw materials. Producers must meet an annual minimum rate in each Member State for overall recovery, as well as for the preparation for the re-use and recycling of WEEE. Registration and reporting obligations should now be harmonised and the national registers should be made inter-operable.

2014

The Commission wishes to accelerate the deployment of Intelligent Transport Systems (ITS) and to establish a legal framework. In its Action Plan the Commission calls for action and sets a timeframe for the deployment and improvement of single ITS.

2014

The analysed Proposal for a Directive is part of the Pharmaceutical Package to improve the safety of medicinal products. The Proposal focuses on the protection of distribution chains from manufacturers to pharmacies against the entry of falsified medicinal products. During debates held previous to the Proposal the Commission opted for maintaining parallel import trade. To this end, the measures proposed now are restricted to prescription medicines, which constitute the majority of medicinal products traded through parallel import.

2014

The Communication continues the "more economic approach" in competition law in a much diluted manner: The Commission wants to pursue only cases in which certain behaviour of a dominant company "forecloses" a market.

2014

The Commission proposes highly ambitious climate protection targets for both developing and industrial countries. To this end, emissions trading is to be extended. In addition, financial support to developing countries is to be partially financed through EU bonds.