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Author: EP think tank

EU Fact Sheets – Audiovisual and media policy – 01-11-2017

Audiovisual policy in the EU is governed by Articles 167 and 173 of the Treaty on the Functioning of the European Union (TFEU). The key piece of legislation in this field is the Audiovisual Media Services Directive, which is currently (2017) under revision. The main EU instrument to help the industry (especially the film industry) is the MEDIA sub-programme of Creative Europe. The Charter of Fundamental Rights of the European Union asks for respect of ‘freedom and pluralism of the media’. Source : © European Union, 2017 –...

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Briefing – Euro-area reform [What Think Tanks are thinking] – 01-12-2017

The Heads of State or Government of the countries sharing the euro currency will hold a summit on 15 December 2017 to discuss ways to improve the functioning of the euro area. European Council President Donald Tusk, who also chairs the Euro Summit, has said that the discussion will focus on further steps to complete Banking Union and on setting the direction for deeper euro-area economic integration, with decisions to be taken in June 2018. European Union Member States which are not members of the 19-nation euro bloc, other than the UK, have also been invited to the Euro...

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Briefing – Circular Economy – Key Publications – 15-11-2017

The transition towards a circular economy promises benefits both to the environment and the economy: instead of becoming waste and a possible thread to the environment, the value of products and materials is maintained for as long as possible. When a product has reached its end of life, resources are kept within the economy; product materials or packaging are used again, creating further value. This briefing gives an overview over publications the Policy Department for Economic, Scientific and Quality of Life Policies provided to the ENVI Committee to support it’s activities on the EU Circular Economy Action Plan throughout...

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At a Glance – How to further strengthen the European Semester? – 01-12-2017

This note provides a summary of two external papers requested by the ECON Committee in advance of an Economic Dialogue with the President of the Eurogroup Jeroen Dijsselbloem of 7 December 2017. The main objective of these papers was to assess achievements under the European Semester and suggest possible way forward for its improvement. Source : © European Union, 2017 –...

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In-Depth Analysis – The Provision of Critical Functions at Global, National and Regional Level—Is there a need for further legal/regulatory clarification if liquidation is the default option for failing banks? – 30-11-2017

This paper defines critical banking functions and considers whether there is a need for further legal/regulatory clarification if liquidation is the default option for failing banks. We rely on EU law and soft law principles (FSB) bearing in mind that ‘liquidation’ is at times a loosely defined concept. Despite efforts to agree upon a set of qualitative and quantitative criteria to assess the critical nature, or lack thereof, of relevant functions we argue that simplification is needed. Given the discretionary element in the determination of public interest and critical functions and the existence of different legal sources with different...

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Briefing – A Europe for mobile and international families – 30-11-2017

As an EU citizen, you can freely move around the EU with your partner and/or children. The EU has clear rules on which national court has jurisdiction in international divorce and parental responsibility cases. The European Parliament supports amicable solutions through mediation in cross-border family disputes, including parental child abductions. Source : © European Union, 2017 –...

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In-Depth Analysis – Critical functions and public interest in banking services: Need for clarification? – 30-11-2017

Under the EU framework for dealing with banking problems, resolution is seen as an exception to be granted only if liquidation under national insolvency proceedings is not warranted. We look at the recent liquidation of two Italian banks to show how resolution and liquidation differ substantially when it comes to the scope of legislation applicable to the use of public funds. We argue that more clarity would be needed as to the role that the concepts of critical functions and public interest play in Member States’ decision to grant liquidation aid, and that the two-tier system – in which...

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