Meklēt

This paper covers possible defence financing and spending options under the European economic governance framework by reviewing the proposal for a ReArm Europe plan floated by the President of the Commission Ursula von der Leyen. The paper also analyses flexibilities under the EU budget, EIB and ESM financing while also assessing potential market challenges and public procurement. This paper has been updated with information from the European Commission's White Paper for European Defence Readiness ...

Executive Vice-President Fitto and Commissioner Dombrovskis are invited to the 18th Recovery and Resilience Dialogue (RRD) under the Recovery and Resilience Facility (RRF) Regulation, scheduled for 31 March 2025. The previous RRD took place on 10 February 2025. For further details on sections 1 and 2 please contact EGOV. For further details on section 3 please contact EGOV and BSU.

This briefing has been prepared for the public hearing with the Chair of the Single Supervisory Mechanism (SSM), Claudia Buch, scheduled for 27 March 2025 in the ECON Committee. The previous hearing took place on 18 November 2024.

Commitments made by Jessika Roswall, Commissioner-designate for Environment, Water Resilience and a Competitive Circular Economy, 2024-2029

This note describes the treaty provisions and appointment procedure for ECA members at EU level. In addition, it provides information on the national nomination procedure for the ECA member in Romania and the country’s candidate.

In this paper, we propose and analyse four scenarios of a second Trump administration’s economic policy and its impact on Europe, ranging all the way from moderate tariffs to full trade war, a full multilateral breakdown with the US leaving the IMF down to a more cooperative exchange rate realignment agreement. We assess two trade scenarios quantitatively and outline broader policy shocks and their economic consequences. Our findings highlight significant challenges for the ECB, requiring responses ...

This paper presents the aggregated results of a survey conducted among Members of the Monetary Policy Expert Panel (MPEP) ahead of the March 2025 Monetary Dialogue with ECB President Christine Lagarde. The opinions expressed in this document are the sole responsibility of the survey respondents and do not necessarily represent the official position of the European Parliament, the Members of the ECON Committee or the EGOV Unit.

This briefing report evaluates the ECB's monetary policy in a context of declining inflation and stagnant growth. Inflation risks have been averted and, after a period of relatively tight policy in 2024, benchmark comparisons indicate that the current interest rate is consistent with the ECB's mandate. The prevailing economic and inflation outlook supports further rate cuts. However, the high level of economic policy uncertainty necessitates cautious adjustments. Moreover, official ECB communications ...

Were the US to impose large and lasting tariffs on its imports from the EU, the effect on the euro area (EA) would be substantial and far-reaching. We expect the direct impact to be inflationary in the US and contractionary on EA aggregate demand and output. The indirect impact through an appreciation of the dollar (partly already occurred) tends to transfer inflation from the US to Europe. The ECB should be mindful that both deflationary and inflationary influences may ensue, and be ready to adjust ...

In this issue... ● US President Trump starts enacting his economic policy agenda and threatens the EU with tariffs. ● Headline inflation falls to 2.4% as underlying indicators ease. ● ECB reduces key policy rate by 25 bps. ● The euro continues to strengthen against the dollar amid growing uncertainty on US’s tariffs. ● The Fed keeps rate unchanged among economic uncertainty while challenges to independence arise. ● ECB reckons new US approach to cryptos and CBDCs strengthens the case for ...