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Initiated in 2005 and involving seven global partners (EU, United States, Russia, Japan, China, South Korea and India), the International Thermonuclear Experimental Reactor (ITER) is a pioneering project to build and operate an experimental facility to demonstrate the scientific viability of fusion as a future sustainable energy source. According to the Commission, although the project has already had a positive impact on the European economy and is highly relevant for the future, it is necessary ...

Viacročný finančný rámec

Informačné listy o EÚ 08-06-2023

Doteraz bolo prijatých šesť viacročných finančných rámcov (VFR) vrátane VFR na roky 2021 – 2027. Lisabonskou zmluvou sa VFR zmenil z medziinštitucionálnej dohody na nariadenie. Viacročným finančným rámcom, ktorý sa stanovuje na obdobie najmenej piatich rokov, sa zabezpečuje, aby sa výdavky Únie vyvíjali systematicky a v medziach jej vlastných zdrojov. VFR zavádza ustanovenia, s ktorými musí byť ročný rozpočet Únie v súlade. V nariadení o VFR sa stanovujú výdavkové stropy pre široké kategórie výdavkov ...

The Committee on budgetary control (CONT) holds a public hearing on 24 May 2023, with the objective to allow representatives from both managing authorities in the Member States and the audit services of the Commission to discuss the lessons learned and possible issues and to contribute to the improvement of the efficiency and effectiveness of the EU rules on conflict of interest.

This paper examines the evolving notion of crisis response, how it is currently addressed by the EU budget under heading 6 of the 2021-2027 Multiannual Financial Framework (amounts and instruments/programmes) and how it may continue to be addressed in the future.

Executive Vice-President Dombrovskis and Commissioner Gentiloni have been invited to the eighth Recovery and Resilience Dialogue (RRD) under the Recovery and Resilience Facility Regulation. The previous RRD took place on12 September. This briefing first presents the state of play of the Recovery and Resilience Plans’ adoption, rule of law conditionality, latest progress on milestones and targets, introduction of RePowerEU, audit and control, and financing aspects of the Facility.

A workshop was organised for the Budgets committee (BUDG) on "The EU borrowing strategy for NGEU: design, challenges and opportunities" on 27 October 2021. This document consists of an In-depth analysis by Bruegel entitled "Next Generation EU borrowing: a first assessment", a policy paper by Sebastian Mack entitled "Don't change horses in midstream: how to make NGEU bonds the euro area's safe asset", biographies of the speakers and the Power Point slides of the Bruegel presentation.

Over the last two decades, the combined effect of multiple crises and low Multi-Annual Financial Framework (MFF) ceilings has led to the emergence of a ‘galaxy’ of EU funds and instruments with variable participation of Member States and a diverse range of decision-making and accountability procedures. This study analyses the impacts on the EU governance and the ability of the European Parliament to fulfil its duties and considers that reforms are needed to ensure the EU budget and financial rules ...

Next Generation EU Borrowing: a first assessment

Hĺbková analýza 29-10-2021

The Next Generation EU programme is radically changing the way the EU finances itself and interacts with financial markets, due to its ambitious and groundbreaking new public debt programme. The European Commission has thus adopted a totally new, diversified borrowing strategy, similar to that of other major issuers, to raise money safely, reliably and in a cost-effective manner. EU debt therefore has to be attractive to financial markets and maintain a strong credit rating.

This paper proposes a factual overview of recent developments in the implementation of the EU Bêkou Trust Fund for the Central African Republic, the EU Regional Trust Fund in response to the Syrian crisis (Madad), the EU Trust Fund for Peace in Colombia, the EU Trust Fund for Africa and the Facility for Refugees in Turkey.

This study proposes an overview of the selection of Special Advisers to the European Commission, specifically during the period 2014-2019: the procedure followed, number of contracts, safeguards, contractual terms, budgetary implications, transparency, communication with the European Parliament. A review of literature, good practices and criteria for assessing the European Commission framework is provided. In conclusion this study makes recommendations on how to further strengthen it.