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

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.

2014

The creation of freight corridors aims to establish a European rail network and to increase the competitiveness of rail transport. As a consequence, freight transport will be given priority over passenger transport.

2014

According to the EU Commission, all credit rating agencies in the EU should be registered and should fulfil certain requirements on their independence and transparency. Banks and other regulated financial service providers should be allowed to use ratings from such agencies only, when calculated the own funds they must retain.

2014

The Commission's Proposal aims to establish a harmonised legislative framework for the provision of information to the general public on medicinal products for human use subject to medical prescription. In particular, clear boundaries are to be set between information provided by pharmaceutical companies and prohibited advertising.

2014

The Capital Requirement Directive (“Basel II“), which is mainly based on negotiations held by the international Basel II Committee of the Bank for International Settlements, constitutes the core of banking regulation. The Commission's new proposals aim at improving the effectiveness of the existing Directive and at increasing the stability of financial markets. The Commission's proposal focusses on inter-bank credits, securitisation and the restructuring of supervision. With its Proposal the Commission expedites the process: It is no longer willing to await the results of the Basel II Committee. The amended Directive is scheduled for adoption for early June.

2014

Regarding mass claim cases the Commission wants to open up the possibilities of collective redress for damages claims or develop existing possibilities. To this end, in its Green Paper it presents different options to address the issue which have an effect on cross-border cases as well as purely national ones. It further considers to introduce standardised judicial procedures for collective redress.