Otsing

The European Commission is proposing a new General Scheme of Preferences regulation to replace the current one that expires at the end of 2023. This initial appraisal of the Commission’s impact assessment (IA) on the proposal finds that the IA logically links the problems, their drivers, the objectives and the policy interventions under consideration. However, the IA remains evasive on the impacts of crucial aims of the regulation -- poverty eradication and advancing sustainable development and good ...

This in-depth analysis summarizes the main effects of the Customs Union (CU) on EU-Turkey trade and the economic situation in Turkey. Whereas the CU offers Turkey several economic benefits, it also implies some downsides, in particular asymmetric tariffs in relation to third countries. Against the background of the dynamic development of EU-Turkey relations, the authors assess the impact of four different options for developing EU-Turkey economic and trade relations: (i) Continuation of the current ...

The Commissioner-designate for Economic and Financial Affairs, Taxation and Customs is Pierre Moscovici, France. His hearing will take place before the Committee on Economic and Monetary Affairs (ECON) on Thursday 2 October at 09.00 hours.

The decision of EU and US policy makers, announced in early February 2013, to launch negotiations on a 'comprehensive, ambitious trade and investment agreement' has been widely welcomed. The EU and the US are major economic partners, together generating about half of the world's gross domestic product and almost one third of global trade. By eliminating customs duties and reducing non-tariff barriers, liberalising bilateral commercial relations further is expected to lead to sustainable economic ...

The size of the shadow economy in the EU in 2012 is estimated at approximately EUR 235 trillion. The shadow economy represents a threat to the Single Market, leads to substantial budgetary difficulties and puts considerable pressure on legitimate businesses, and in the longer run, limiting the potential growth of the formal economy. A substantial reduction of the size of the shadow economy would ensure that consumers, businesses in the formal economy, and employees are better protected and improve ...