these principles should be based on international best practice79 covering research excellence; interdisciplinary research approaches; exposure to industry; international networking; and the development [...] unfavourable fiscal or legal treatment. One role for the Commission, based on recent preparatory work, would be to work with Member States on the development of a best practice model for the fiscal treatment [...] simply mirror international standards (mostly originating in the US). In order to improve the prospects for innovation, the current standardisation models in Europe and at international level need to
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field. The recent progress made with the European framework for international S&T cooperation and the Strategic Forum for International Cooperation must therefore be accelerated. Finally, many if not [...] steady decline. Concretely, to achieve Innovation Union, the following is needed: 1. In times of fiscal constraints, the EU and Member States need to continue to invest in education, R&D, innovation and [...] visibility to successful initiatives, and benchmark progress. 10. We need to work better with our international partners. That means opening access to our R&D programmes, while ensuring comparable conditions
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Transport Association of America • The International Air Carrier Association (IACA) • The European Regions Airline Association (ERA) • The International Air Transport Association (IATA) Replies [...] Association of America, the International Air Carrier Association (IACA), the Association of European Airlines (AEA), the European Regions Airline Association (ERA), the International Air Transport Association [...] carriers and only for international flights. Therefore it is advisable that any proposal for the use of PNR data should also be limited to air carriers operating international flights. However, it might
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their own) by e-commerce, 12 Euromonitor International (2008), based on an aggregation of country statistics. Product coverage and classification differs [...] sales compared to domestic sales (63%); – Additional costs of compliance with different national fiscal regulations (62%); – Additional cost of compliance with different national laws regulating consumer [...] applied relative to cross-border offers, and in light of the Internal Market principles of the EC Treaty, is needed, in order to prevent them from having unintended consequences that may limit cross-border
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GOVERNANCE AT THE INTERNATIONAL LEVEL 256) While the European Union is one of the key international players, its representation in international organisations and other international bodies is fragmented [...] the Bank for International Settlements (BIS), the Financial Stability Forum (FSF) as well as bodies like the International Organisation of Securities Commissions (IOSCO), the International Accounting Standards [...] might be given to establishing a full international standard-setting authority, established by a treaty. The objective should be to put in place an international standard setting process which would be
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intended to complement these regulatory reforms. 1.4 International context The present proposal also substantially contributes to the ongoing international debate on financial sector taxation and in particular [...] financial transaction tax should be explored and developed further at the Euro area, EU and international levels.” The subsequent European Council of 24 and 25 March 2011 reiterated its earlier conclusion [...] development of a FTT at global level. In order to best minimise risks, a coordinated approach at international level is the best option. The present proposal demonstrates how an effective FTT can be designed
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8 OF THE TREATY The following arrangements will apply to bring a matter to the Court of Justice of the European Union in accordance with the second sentence of Article 8(1) of the Treaty on Stability [...] Coordination and Governance in the economic and monetary union (hereinafter" the Treaty") and on the basis of Article 273 of the Treaty on the Functioning of the European Union, if the Commission concludes [...] Article 3(2) of the Treaty: (1) The application, whereby the Court of Justice is requested to declare that a Contracting Party has failed to comply with Article 3(2) of the Treaty, as concluded in
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of the Treaty on the Functioning of the European Union, and of enhanced cooperation, as provided for in Article 20 of the Treaty on European Union and in Articles 326 to 334 of the Treaty on the [...] the date of entry into force of this Treaty. 5. This Treaty shall apply to the Contracting Parties with a derogation, as defined in Article 139(1) of the Treaty on the Functioning of the European [...] taken, in accordance with the Treaty on the European Union and the Treaty on the Functioning of the European Union, with the aim of incorporating the substance of this Treaty into the legal framework
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Telephone +49 (0)761 38693-105 | www.cep.eu 1 International Treaty FISCAL COMPACT cepPolicy Brief No. 2012-13 of 26 March 2012 CONTENT Title Treaty on Stability, Coordination and Governance [...] Czech Republic) signed the Treaty on Stability, Coordination and Governance in the Economic and Monetary Union (“Fiscal Compact”). – The Objective of the Fiscal Compact is to: - foster budgetary [...] Legal construction and relation to EU law – The Fiscal Compact is an international agreement between the participating EU States. – The Fiscal Compact is applied and interpreted in conformity with the
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deliberations of the Council will be prepared by the EFC in accordance with its role as defined in the Treaty. 3. The Council NOTES that the ESRB's recommendations are expected to exert a major influence [...] involved for Member States, decisions under the mechanisms set out below should not impinge on the fiscal responsibilities of the Member States. The framework for the exercise of the above competences [...] prejudice to the role of European institutions, the ESAs should be given a certain role as regards international issues, including technical arrangements and preparation of equivalence assessments.
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