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

In its consultation paper the Commission presents a model for infrastructure financing („Europe 2020 Project Bond Initiative“): Private or public-private project companies issue bonds on capital markets to finance infrastructure (“project bonds”). Limited payment guarantees or credits provided by the European Investment Bank (EIB) are to encourage private investors to buy project bonds.

2014

The Commission wishes to introduce a number of amendments to the Prospectus and Solvency II Directive. The aim is to extend the powers of the EU supervisory authorities (ESMA and EIOPA) to develop technical standards, to substantiate their arbitration powers and to introduce transitional periods for the Solvency II Directive. In addition, the Commission’s power to adopt implementing measures, which are still based on the legal position of the Treaty of Nice, are to be adapted to the Lisbon Treaty.

2014

According to the Commission, Member States can reach their target for the development of renewable energy by 2020. To this end, the Commission calls for a “greater convergence” of national support schemes in the EU and an increased cooperation among Member States and with third countries. Moreover, networks should be further developed, interconnected at cross-border level and modernised.

2014

To date, the “Unisex Directive“ (2004/113/EC) allowed for sex-differentiated insurance premiums and benefits “where the use of sex is a determining factor in the assessment of risk based on relevant and accurate actuarial and statistical data”. On 1 March 2011, the European Court of Justice held that this was not in line with the EU Charter of Fundamental Rights.

2014

Citizens, organisations and authorities may comment on the Green Paper and its 114 concrete questions within a consultation procedure. The Commission wishes to reform the tools and methods of public procurement in order to improve teh process and to increase the efficiency of public spending. In future, public procurement is to take into account “policy objectives”, such as the promotion of innovation.

2014

According to the Commission’s proposals “PNR data” of passengers travelling from or to third countries are to be collected by air carriers during the passengers’ flight booking procedure and must be transferred to Member States’ authorities. The Directive regulates data processing (collection, retention and analysis) through national authorities, the data exchange between Member States and the data transfer to third countries.

2014

The Commission proposes two options for reviewing the Working Time Directive and invites the social partners to express whether and which issues they would wish to negotiate. The Commission intends to revise at least the provisions on on-call time and compensatory rest for on-call time (option 1). These revisions are anyway required by the ECJ’s ruling. The second option provides for a comprehensive revision of the Working Time Directive. The Commission aspires to increase flexibility in working time. Moreover, rules on the “work-life balance”, the “opt-out”, paid annual leave and individual sector-specific issues are to be reviewed.

2014

The Commission’s first Annual Growth Survey marks the start of the first “European semester”. The “European semester” is an ex-ante policy coordination procedure between the 27 Member States. Consequently, the Survey contains recommendations for future economic policy and fiscal measures in Member States. The implementation of these measures is to support economic recovery as well as achieving the targets of the “Europe 2020” strategy.

2014

The proposed Regulation (“REMIT“) is to reinforce the integrity and transparency of wholesale energy markets for gas and electricity. To this end, insider trading and market manipulation is to be prohibited. Moreover, the markets are to be monitored by the EU energy agency ACER and by the national regulatory authorities and market participants’ data be collected. In doing so, national regulatory authorities and ACER are to cooperate with each other.

2014

The Commission presents new trade policy measures in order to achieve the growth and employment targets of the Europe 2020 strategy. The Commission is especially keen on the increased opening of foreign markets for services, investments and public procurement. Moreover, the future EU trade policy is support “green growth” and “climate change objectives” in principle.

2014

In its Communication, the Commission proposes measures intended to contribute to more flexible labour markets, job creation, workers’ qualification and the improvement of working conditions.

The Commission’s considerations regarding employment policy are based on an EU headline target adopted under the strategy “Europe 2020” [COM(2010) 2020] whose aim it is to achieve an employment rate of 75% by 2020. In order to reach this target, the Commission is shifting its focus from a merely reactive to an anticipatory policy approach, as is already evident in the Single Market Act [COM(2010) 608] and the Flagship Initiative on the Innovation Union [COM(2010) 546], as well as an “Integrated Industrial Policy for the Globalisation Era“ [COM(2010 614)].

2014

The Commission wishes to revive the single market with the Single Market Act, incorporating it into the economic strategy “Europe 2020” for sustainable growth and increased employment. The Commission has made 50 proposals, both legislative and non-legislative, which are to be adopted by 2012. The idea is that by “completing, deepening and making full use of the single market” an annual potential growth of 4% of the GDP over the next ten years can be achieved.

2014

Forgoing “major spending programmes“ and focussing on the establishment of efficient framework conditions is reasonable from an ordoliberal standpoint. However, they should apply equally to all companies. Therefore, the Commission should forgo sector-specific measures; they bear the potential for competitive distortion.

2014

According to the Commission, “major societal challenges” (e.g. climate change, energy scarcity and demographic change) can only be overcome through research and innovation. To this end, the Commission intends to improve the framework conditions for research and innovation and to coordinate innovations effectively. In addition to the establishment of a “European Research Area”, it propagates (pre-commercial) public procurement to promote innovations. In order to tackle “grand challenges”, “European Innovation Partnerships” are to be initiated.

2014

The Commission submits a Green Paper in order to discuss the future role and scope of an audit in the “general context of financial market regulatory reform”. Governance rules and an improved supervision are to contribute to more competition and increased stability in the financial system.

2014

During the “energy summit” on 4 February 2011, the European Council will discuss the Commission’s “Energy Strategy 2020“ and its „concept for an integrated European energy network”. According to the Commission’s estimate approximately 1 trillion Euros must be invested in the EU energy system by 2020 in order to achieve the EU targets for renewable energies and energy efficiency and to develop the necessary energy infrastructure.

2014

According to the Commission, the EU must urgently invest in outdated and poorly interconnected energy infrastructure in order to meet their energy policy and climate objectives by 2020. To this end, national approval procedures for projects of European interest are to be streamlined and better coordinated. The Commission announces to submit guidelines or a legislative proposal on cost allocation to address major or cross-border projects through tariff or investment rules in 2011. 

2014

In Spring 2011, the Commission will be publishing a “European resolution framework”. This framework is to allow credit institutions to fail whilst avoiding costs to taxpayers and without endangering financial stability. 

2014

Already in the “Women’s Charter“ of March 2010, the Commission announced to strengthen the gender perspective in all its policies. The current Communication substantiates the Commission’s announcement by describing the key areas for action and which measures it wishes to take. The Commission remains rather vague in its Communication, but has published a working document [SEC(2010) 1079] accompanying the Communication with a catalogue of 130 specific, non-legislative measures.