(EMAS), and other international frameworks such as the United Nations (UN) Global Compact, the International Organisation for Standardisation (ISO) 26000 standard, the International Labour Organization [...] Scheme (EMAS), and other international frameworks such as the United Nations (UN) Global Compact, the International Organisation for Standardisation (ISO) 26000, the International Labour Organization [...] of the Treaty on the Functioning of the European Union, pursuant to which the Commission submitted the proposal to Parliament (C7-0103/2013), – having regard to Article 294(3) of the Treaty on the
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full role in international monetary, economic and financial policy cooperation, in particular within the International Monetary Fund (IMF), which is a core organisation in the international monetary [...] representation of the euro area in the International Monetary Fund EN 2 EN EXPLANATORY MEMORANDUM The euro area is a large open economy with international policy responsibilities. The economic [...] -318_nl.htm. 2 Treaty on the Stability, Coordination and Governance in the Economic and Monetary Union, 1 February 2012: http://www.consilium.europa.eu/european-council/pdf/Treaty-on-Stability-Coo
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Stability Programme of Germany, 2011-2014 THE COUNCIL OF THE EUROPEAN UNION, Having regard to the Treaty on the Functioning of the European Union, and in particular Article 121(2) and 148(4) thereof, [...] the Europe 2020 strategy. (4) On 25 March 2011, the European Council endorsed the priorities for fiscal consolidation and structural reform (in line with the Council’s conclusions of 15 February and [...] Annual Growth Survey). It underscored the need to give priority to restoring sound budgets and fiscal sustainability, reducing unemployment through labour market reforms and making new efforts to
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38693-107 | kullas@cep.eu 2 - European, national and/or international organisations such as the International Monetary Fund (IMF), German International Cooperation Agency (GIZ GmbH) or the World Health O [...] the Member States [COM(2017) 826; see cepPolicyBrief 08/2018], the integration of the international Fiscal Compact into EU law [Proposal COM(2017) 824] and the conversion of the European Stability Mechanism [...] expertise on structural reforms in the European institutions, in other Member States and in international organisations, and to foster the exchange of good practices and ensure European added value.
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assess fiscal sustainability. Conclusions – 24/25 March 2011 EUCO 10/11 19 ANNEX I EN § National fiscal rules Participating Member States commit to translating EU fiscal rules [...] Semester: Europe 2020, fiscal consolidation and structural reform 2. Within the new framework of the European semester, the European Council endorsed the priorities for fiscal consolidation and structural [...] ensuring enhanced fiscal discipline and avoiding excessive macroeconomic imbalances. It includes a reform of the Stability and Growth Pact aimed at enhancing the surveillance of fiscal policies and applying
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4 Including the UK, Sweden, Spain, Denmark and France 5 Such as the UN Global Compact, the OECD Guidelines for MNEs, the ILO Tri-partite declaration of Principles on MNEs, the ISO 26000 [...] slow progress in the coming years. Coordinated action at the EU level is therefore necessary. The Treaty of the Functioning of the European Union allows action to be taken to address the identified problems6 [...] require companies to provide information in the form of a stand-alone report in accordance with International Frameworks. Given the potential administrative burden, different kind of requirements have been
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in place national fiscal rules ensuring that domestic fiscal frameworks reflect the Treaty obligations. Provisions of national fiscal rules should ensure the respect of the Treaty reference values on [...] will propose in early July. 2. National Fiscal Frameworks Resilient and effective domestic fiscal frameworks play a crucial role in strengthening fiscal consolidation and sustainable public finances [...] European Council Fiscal Surveillance: national fiscal frameworks Proposal for a Regulation under Art. 126(14) specifying the minimum requirements for the design of domestic fiscal frameworks and
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14-18 ESM Treaty. Direct bank recapitalisation by the ESM was - controversially - not introduced by an ESM Treaty amend- ment, but by the Board of Governors on the basis of Art. 19 of the ESM Treaty. 3 ESM [...] ESM Reform, 4.12.2018) 8 Art. 3 ESM Treaty. 9 Art. 13 para. 3 ESM Treaty. 6 cepAdhoc ESM Reform established eligibility conditions".10 The ESM Treaty also prescribes "conditionality" for credit [...] 10 Art. 12 para. 1 ESM Treaty. 11 Art. 14 para. 2 ESM Treaty. 12 „The benificiary ESM Member shall ensure a continuous respect of the elibility
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adjustment programme. Furthermore, for countries with unsustainable fiscal policies, it postpones ESM intervention without addressing the fiscal problems (e.g. excessive public debt). The Commission’s attempt [...] economic policy coordination, especially the European fiscal rules such as the Stability and Growth Pact. Basing the endowment of the SSF on an international agreement allows countries not to contribute to [...] benefitting Member States follow a sound fiscal policy and “remain subject to the logic of the market” [cf. ibid, para. 132, 135-137]. The EISF aims to ensure sound fiscal policies by not releasing a defaulting
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Stability Programme of Germany, 2011-2014 THE COUNCIL OF THE EUROPEAN UNION, Having regard to the Treaty on the Functioning of the European Union, and in particular Articles 121(2) and 148(4) thereof [...] 11391/11 NC/kst 3 DG G EN (4) On 25 March 2011, the European Council endorsed the priorities for fiscal consolidation and structural reform (in line with the Council's conclusions of 15 February and [...] Annual Growth Survey). It underscored the need to give priority to restoring sound budgets and fiscal sustainability, reducing unemployment through labour market reforms and making new efforts to enhance
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