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 amendments mainly focus on two areas. Firstly, the introduction of the European Professional Card validating the professional qualifications of an employee at the European level. Secondly, the existing common platforms are to be replaced by “common training principles for professions which are regulated in at least two thirds of the Member States and which are not subject to minimum training requirements. For such professions common training principles and exams are to be introduced. Trainees having passed such exams are automatically authorised to pursue the tested profession in every Member State.

2014

The Commission intends to intensify the surveillance of national EU budget policy and to develop the deficit procedure. Moreover, euro states are to be obliged to transpose European budget requirements stipulated under the Stability and Growth Pact into national law. Moreover, national budgets must be based on independent macroeconomic forecasts in future.

2014

The EU Heads of State and Government (apart from Great Britain and the Czech Republic) entered into an agreement to improve the budgetary discipline of the Contracting Parties. The Contracting Parties undertake to transpose a debt brake into their national legal systems and to facilitate the imposition of sanctions in the deficit procedure.

2014

In order to keep global warming below 2°C, in comparison with 1990, the EU wishes to reduce greenhouse gas emissions by 20% by 2020 and by 80 to 95% by 2050. A major part of greenhouse gas emissions which can be influenced is created by the energy sector. The Energy Roadmap 2050 presents scenarios illustrating how modernisation can help contribute to the energy system of long-term EU climate protection targets.

2014

Where the demand for landing and takeoff slots exceeds airport capacity, slots are allocated in line with standard procedures. Now the Commission wishes to change these slot allocation rules in order to improve the efficient use of airport capacities.

2014

The Regulation of mobile termination rates has become the arena of a power struggle between the EU-Commission and some Member States. The Commission insists that national regulators should apply the “pure-LRIC”-costing model.

2014

On the one hand, the Commission wishes conduct enhanced surveillance of euro countries, which might need to request financial assistance in future. On the other hand, the Commission wishes to see the tasks assigned by the bail-out package enshrined in secondary EU legislation.

2014

The Commission wishes to to enhance the efficiency and overall quality of groundhandling services at EU airports. To this end, the market to groundhandling services is to be further opened up, in particular at large airports where at least one additional supplier is to be admitted.

2014

The wishes to limit the term of the contracts entered into by credit rating agencies and issuers as well as the participation volume in credit rating agencies in order to strengthen the independence of credit rating agencies. In future, structured finance instruments will be subjected to ratings by at least two credit rating agencies. Moreover, the Commission wishes to prescribe civil liability for credit rating agencies. 

2014

With its Regulation, the Commission wishes to exempt aid of up to 500,000 Euros for the provision of services of general economic interest (SGEI) from the obligation to obtain approval for the period of three fiscal years. According to the Commission de minimis aid is  unproblematic for they are regarded as measures  which do not distort competition and also do not have a negative effect on trade between Member States.

2014

According to the Commission, the EU needs to invest in energy infrastructure in order to achieve its energy and climate policy targets by 2020. To this end, the guidelines, which are proposed in the form of a Regulation, streamline and better coordinate national permit granting procedures for projects of common interest (PCIs).

2014

The Commission presents three options for the implementation of Eurobonds and puts up for discussion the related pros and cons. With regard to the pros it mentions in particular the alleviation of the current debt crisis, the stabilisation of the banking system and the increased liquidity of the government bonds market. With regard to the cons it mentions the reduced incentives for budgetary discipline. For instance, Member States can run up debts at the expense of the budgetary discipline of other Member States, without this having an affect on their financing costs.

2014

The Commission announces to draw up together with enterprises and other stakeholder a code of conduct in 2012. All enterprises are to commit to comply with CSR approaches on a voluntary basis. In addition, enterprises with more than 1000 employees are to adhere to the internationally recognized ISO 26000 Guidance Standards. In order to establish such self-commitments, the Commission wishes to revise the legal framework, in particular in the field of public procurement and thus put enterprises under pressure.

2014

The Commission is initiating a consultation with the aim to (at first) adopt a non-binding recommendation. The recommendation is to serve as guidance to national regulatory authorities for fixing access prices during the transition phase between copper networks and fibre glass networks.  This approach is to create incentives for investments in ultra-fast NGA networks.

2014

The Commission proposes to introduce EU-wide minimum rules regarding criminal sanctions for insider dealing and market manipulation. It wishes to harmonise the offences yet not the levels of penalties. To date, there are only administrative sanctions. The Commission’s aim is to increase the deterrent effect of national sanctions. 

2014

The EU wishes to establish a “complete and integrated trans-European transport network” (TEN-T) which includes all transport modes and a “dual-layer structure”. To this end, the Commission wishes to enhance coordination in planning and the design of a sound governance structure. TEN-T is to meet the mobility and transport needs within the EU and third countries, guarantee the “accessibility“ of all regions of  the EU and remove bottlenecks in transport.

2014

The tax is to apply to transactions with financial instruments, both in the organised markets and over-the-counter trading. It is to generate revenues for the public purse and to increase the stability of financial markets. The Commission expects EU-wide tax revenues of roughly 57 billion Euros a year. They are to flow wholly or partly into the EU budget through an own resources system of the European Union.

2014

The Proposal provides for an introduction of a European Account Preservation Order. Such order is to be issued if the existence of a debt claim is made credible. For the enforcement of a decision, Member States must appoint enforcement authorities which must approve the order without any further examination and preserve the debtor’s bank account. If the creditor does not know the debtors’ bank accounts, banks are obliged to disclose them or authorities are entitled to search for them in national registers. Debtors are not being notified until after the preservation of their accounts.

2014

Additional own funds buffers are to strengthen the banking sector’s resistance to losses and to smooth credit lending to economic cycles. The introduction of a binding leverage ratio and stricter liquidity requirements is to be examined. Infringements of rules are to be subjected to EU-wide sanctions.