11

Ergebnis(se)

Wort/Wörter
Art der Veröffentlichung
Politikbereich
Schlagwortliste
Datum

SMEs and Better Regulation

07-02-2020

Small and medium-sized enterprises (SMEs) are the backbone of the European economy. However, numerous internal and external constraints, such as red tape and stringent business regulations, can make running a small business very difficult for entrepreneurs. Creating a business-friendly regulatory environment is a long-standing EU objective. The European Commission's cross-cutting policy on better regulation spearheads improvements, and its 'SME Test' scrutinises the impact of EU proposals on SMEs ...

Small and medium-sized enterprises (SMEs) are the backbone of the European economy. However, numerous internal and external constraints, such as red tape and stringent business regulations, can make running a small business very difficult for entrepreneurs. Creating a business-friendly regulatory environment is a long-standing EU objective. The European Commission's cross-cutting policy on better regulation spearheads improvements, and its 'SME Test' scrutinises the impact of EU proposals on SMEs. The Commission is due to make a statement during the February plenary session on SMEs and better regulation.

Public economic support in the EU: State aid and special economic zones

06-02-2020

State aid can be defined as an advantage given by a government that may provide a company with an unfair competitive edge over its commercial rivals. State aid can take several forms, such as public subsidies, tax relief, or the purchasing of goods and services on preferential terms. While the European Union (EU) competition rules consider State aid to be incompatible with the internal market, they allow such aid when it promotes general economic development, for example, when tackling the challenges ...

State aid can be defined as an advantage given by a government that may provide a company with an unfair competitive edge over its commercial rivals. State aid can take several forms, such as public subsidies, tax relief, or the purchasing of goods and services on preferential terms. While the European Union (EU) competition rules consider State aid to be incompatible with the internal market, they allow such aid when it promotes general economic development, for example, when tackling the challenges of global competition, the ongoing financial crisis, the digital revolution, and demographic change. To this end, all EU Member States provide some public economic support, for instance, to the coal mining sector, banks, or the digital economy. To contribute to regional development and to increase competitiveness, some Member States have created special economic zones (SEZs), which offer an attractive combination of tax-and-tariff incentives, streamlined customs procedures, less laws, provision of infrastructure, and creation of business clusters. The European Commission is currently evaluating the State aid modernisation (SAM) package and some of its related laws, as these will expire by the end of 2020. The European Parliament takes a two fold stance towards public economic support in the EU. On the one hand, Parliament stresses that State aid should support ecological transformation and foster the development of services, knowledge, and infrastructure rather than providing support to specific companies. On the other hand, it calls on the Commission to ensure that State aid is reduced in the long term, given its distortive effects on the internal market. While the temporary State aid offered to the financial sector to stabilise the EU financial system might have been necessary, Parliament calls on the Commission to scrutinise and eventually remove this aid. Parliament, inter alia, also calls on the Member States to abandon unfair competition practices based on unjustified tax incentives and to adopt appropriate rules in the Council.

Die Industriepolitik der EU am Scheideweg: Derzeitiger Stand, Herausforderungen und weitere Schritte

02-12-2019

Die Industrie spielt für das Wirtschafts- und Wachstumsmodell der EU eine zentrale Rolle. Sie befindet sich heute jedoch am Scheideweg, da sie durch neue disruptive Kräfte stark beeinflusst wird, die von der Entstehung neuer Technologien bis hin zu Verschiebungen des weltwirtschaftlichen Kräfteverhältnisses und sich verändernden geopolitischen Gegebenheiten reichen. Bei der Bewältigung dieser Herausforderungen stellen sich komplexe Probleme, z. B. das Erfordernis, die Offen-heit von Markt und Handel ...

Die Industrie spielt für das Wirtschafts- und Wachstumsmodell der EU eine zentrale Rolle. Sie befindet sich heute jedoch am Scheideweg, da sie durch neue disruptive Kräfte stark beeinflusst wird, die von der Entstehung neuer Technologien bis hin zu Verschiebungen des weltwirtschaftlichen Kräfteverhältnisses und sich verändernden geopolitischen Gegebenheiten reichen. Bei der Bewältigung dieser Herausforderungen stellen sich komplexe Probleme, z. B. das Erfordernis, die Offen-heit von Markt und Handel zu erhalten und gleichzeitig die Industrie vor unlauterem Wettbewerb zu schützen, oder die Notwendigkeit, eine umweltfreundlichere und stärker nachhaltige Industrie unter Wahrung ihrer globalen Wettbewerbsfähigkeit zu fördern. Auch die strategische Positionierung der EU muss überdacht und von einem defensiven auf einen offensiven Kurs umgestellt werden. Diese Entwicklungen haben eine rege Debatte über die Notwendigkeit einer erneuerten, durchsetzungsfähigeren, umfassenderen und stärker abgestimmten Industriepolitik auf EU-Ebene ausgelöst. In diesem Dokument werden der derzeitige Stand und die Herausforderungen der EU dargestellt und die Debatte über die wichtigsten politischen Optionen für die Zukunft analysiert.

Umsetzung des CETA: KMU und Regionen im Fokus

18-11-2019

Die meisten Bestimmungen des umfassenden Wirtschafts- und Handelsabkommens EU-Kanada (CETA) werden seit dem 21. September 2017 umgesetzt. Das Abkommen wird vorläufig angewendet, bis es vollständig ratifiziert wird. Ziel dieser Analyse des EPRS ist es, den Stand der Ratifizierungsverfahren des CETA, seine wichtigsten Ziele, die verbleibenden Kontroversen und die ersten Ergebnisse nach zwei Jahren der vorläufigen Anwendung mit besonderem Schwerpunkt auf Regionen sowie kleinen und mittleren Unternehmen ...

Die meisten Bestimmungen des umfassenden Wirtschafts- und Handelsabkommens EU-Kanada (CETA) werden seit dem 21. September 2017 umgesetzt. Das Abkommen wird vorläufig angewendet, bis es vollständig ratifiziert wird. Ziel dieser Analyse des EPRS ist es, den Stand der Ratifizierungsverfahren des CETA, seine wichtigsten Ziele, die verbleibenden Kontroversen und die ersten Ergebnisse nach zwei Jahren der vorläufigen Anwendung mit besonderem Schwerpunkt auf Regionen sowie kleinen und mittleren Unternehmen (KMU) zu skizzieren. Es sei darauf hingewiesen, dass es zu früh ist, die wirtschaftlichen und gesellschaftlichen Auswirkungen des CETA zu bewerten. Dies wird Aufgabe der Ex-post-Bewertung sein, die in der Regel fünf Jahre nach Beginn der vorläufigen Anwendung von der Europäischen Kommission durchgeführt wird. Mit dieser Analyse soll ein Überblick über die ersten Ergebnisse der Umsetzung des CETA zwei Jahre nach Beginn gegeben werden, der als Anregung für die bevorstehenden Erörterungen sowohl zum CETA als solches als auch zu anderen Freihandelsabkommen zwischen der EU und verschiedenen Partnerländern dienen kann.

Multinational enterprises, value creation and taxation: Key issues and policy developments

03-07-2019

The substantial reduction in trade costs and the rapid technological advances characterising the global economy over the past three decades have allowed multinational enterprises (MNEs) to increasingly break up their supply chains and spread them across different countries. The principal implication of this change relates to the concept of value added and the way it is created and captured across MNE-controlled global value chains (GVCs). The dynamic nature of transfers within MNEs, the increasing ...

The substantial reduction in trade costs and the rapid technological advances characterising the global economy over the past three decades have allowed multinational enterprises (MNEs) to increasingly break up their supply chains and spread them across different countries. The principal implication of this change relates to the concept of value added and the way it is created and captured across MNE-controlled global value chains (GVCs). The dynamic nature of transfers within MNEs, the increasing role of services and intangible assets in manufacturing, and most critically the unfolding digital revolution have all intensified the mobility of value-generating factors within GVCs, and highlighted the difficulty of defining the exact location where value is generated. These developments have significant policy implications. One critical area is that of tax policy, where the challenges posed by the new economic landscape are numerous and multifaceted. On the one hand, governments seek to encourage trade and investment by MNEs by removing tax and regulatory barriers they face. Some governments go even further by resorting to harmful tax competition that drives corporate income taxes to the bottom. At the same time, many MNEs continue to employ enhanced tax arbitrage to minimise their tax obligations across jurisdictions; furthermore, business models are increasingly becoming borderless and highly mobile, and therefore difficult to tax. In view of these challenges, consensus is gradually emerging that tax systems need improved alignment to ensure that profits are taxed where the economic activities generating them are performed and where value is created. Yet, allocating jurisdiction to tax business profits in the context of MNE-controlled GVCs remains a highly complex process.

Enabling SMEs' access to capital markets

09-04-2019

Making it easier for small and medium-sized enterprises (SMEs) to access financing through public markets lies at the heart of the capital markets union – the plan to mobilise capital in Europe. Among the various reasons for going ahead with this union is the fact that existing requirements and listing costs in both regulated and multilateral trading venues continue to be disproportionate to the size and level of sophistication of SMEs. To further respond to this situation, the Commission has proposed ...

Making it easier for small and medium-sized enterprises (SMEs) to access financing through public markets lies at the heart of the capital markets union – the plan to mobilise capital in Europe. Among the various reasons for going ahead with this union is the fact that existing requirements and listing costs in both regulated and multilateral trading venues continue to be disproportionate to the size and level of sophistication of SMEs. To further respond to this situation, the Commission has proposed adopting a regulation to address the administrative burden placed on SMEs when listing or issuing equity and bonds, with the aim to increase liquidity on SME growth markets. The latter are a new category of multilateral trading facilities, which was established under the Markets in Financial Instruments Directive II. To this end, the proposal provides for targeted amendments to two key pieces of financial services legislation, namely the Market Abuse Regulation (MAR) and the Prospectus Regulation. Following interinstitutional negotiations the co-legislators reached a provisional agreement on the proposal on 6 March 2019, and this is due to be voted in Parliament during the April II plenary session.

The InvestEU programme: Continuing EFSI in the next MFF

09-04-2019

Since its launch in November 2014, the Investment Plan for Europe (IPE) has had considerable success in mobilising private investment across Europe. Despite its success, investment levels in Europe remain below pre-crisis levels. There is therefore a need to provide for an extended EU investment programme under the new multiannual financial framework (MFF), which caters for multiple objectives in terms of simplification, flexibility, synergies and coherence across relevant EU policies. The InvestEU ...

Since its launch in November 2014, the Investment Plan for Europe (IPE) has had considerable success in mobilising private investment across Europe. Despite its success, investment levels in Europe remain below pre-crisis levels. There is therefore a need to provide for an extended EU investment programme under the new multiannual financial framework (MFF), which caters for multiple objectives in terms of simplification, flexibility, synergies and coherence across relevant EU policies. The InvestEU programme, expected to run from 2021 onwards, has been designed to address this challenge. It will bring diverse EU financial instruments within a single structure, making EU funding for investment projects in Europe simpler and more efficient and flexible. It will build on the success achieved by the European Fund for Strategic Investments (EFSI) and consist of the InvestEU Fund, the InvestEU Advisory Hub and the InvestEU Portal. Negotiators for Parliament and Council have reached a partial agreement on the text of the proposal, excluding budgetary figures and other elements which will not be finalised until overall agreement on the new MFF. Parliament is due to vote on that agreement in April 2019.

Standards and the digitalisation of EU industry: Economic implications and policy developments

27-03-2019

Industrial production, both globally and in the EU, is undergoing a radical digital transformation. New advanced manufacturing techniques rely primarily on innovative digital technologies, which cannot work in isolation, but are based on connected ecosystems delivering collective technological breakthroughs. All of these new technologies essentially rest on an interconnected 'smart world', where objects, machines, people and the environment are increasingly closely interlinked. The timely and harmonised ...

Industrial production, both globally and in the EU, is undergoing a radical digital transformation. New advanced manufacturing techniques rely primarily on innovative digital technologies, which cannot work in isolation, but are based on connected ecosystems delivering collective technological breakthroughs. All of these new technologies essentially rest on an interconnected 'smart world', where objects, machines, people and the environment are increasingly closely interlinked. The timely and harmonised adoption of technical standards is likely to play a pivotal role in this context. Standards can facilitate the ongoing digitalisation of industry by promoting compatibility and interoperability between products and processes; they can also transfer information between economic agents or machines, while guaranteeing minimum levels of quality and safety. Crucially, standards can also become accelerators of change, by promoting innovation and the uptake of new digital technologies. The EU has long recognised this key role of standards in the overall efforts to remove barriers and unlock the growth potential of the economy. Yet, progress in new technologies around the world is accelerating exponentially, and the development of new standards in the field is increasingly taking place outside Europe. This trend could undermine the EU's future comparative advantage and weaken the competitiveness of European industry in the long term. It therefore calls for a coordinated effort to develop European technology standards that are not only more responsive to policy needs but are also agile, open, more strongly linked to research and innovation, and importantly, better joined up.

Global and regional value chains: Opportunities for European SMEs' internationalisation and growth

14-02-2019

International value chains have emerged as the new paradigm for the organisation of production globally. Today, most production processes across the world are vertically fragmented as a result of the increased unbundling of tasks and functions and their sourcing from different geographical locations. The extent to which this expansion in supply-chain trade is global in character (which some describe as the 'Factory World' phenomenon), or is rather based on more intra-regional ties clustered around ...

International value chains have emerged as the new paradigm for the organisation of production globally. Today, most production processes across the world are vertically fragmented as a result of the increased unbundling of tasks and functions and their sourcing from different geographical locations. The extent to which this expansion in supply-chain trade is global in character (which some describe as the 'Factory World' phenomenon), or is rather based on more intra-regional ties clustered around Europe, Asia and the Americas, is still being debated in the literature. Notwithstanding their geographical characteristics, international value chains offer increased opportunities for enterprises, by fostering their growth and internationalisation irrespective of their scale and size. To SMEs, they offer a broader range of channels through which they can participate more actively in global markets. By linking with international supply chains, SMEs can take a first step up the ladder, which – through spill-overs and knowledge transfers – can often give them access to assignments of higher added value. With greater interconnectedness, however, comes greater complexity. Not all SMEs are able to take advantage of the opportunities and link with international value chains in an effective way. More importantly, however, for those that do manage to integrate into international production chains, the magnitude and nature of the benefits will critically depend on the SMEs' entry point and position in global production networks and the links they can develop within those networks.

Wirtschafts- und Haushaltsausblick für die Europäische Union 2019

30-01-2019

Diese EPRS-Studie – die dritte einer jährlich erscheinenden Serie – bietet einen Überblick über die wirtschaftliche und haushaltspolitische Lage, sowohl inner- als auch außerhalb der EU. In ihr werden die wichtigsten Wirtschaftsindikatoren in der Union und dem Euro-Währungsgebiet und ihre Entwicklungstrends über die nächsten zwei Jahre zusammengefasst. Aus den untersuchten Daten geht hervor, dass im Jahr 2018 ein moderates Wachstum von 2,1 % erzielt wurde, wobei für die kommenden Monate mit einer ...

Diese EPRS-Studie – die dritte einer jährlich erscheinenden Serie – bietet einen Überblick über die wirtschaftliche und haushaltspolitische Lage, sowohl inner- als auch außerhalb der EU. In ihr werden die wichtigsten Wirtschaftsindikatoren in der Union und dem Euro-Währungsgebiet und ihre Entwicklungstrends über die nächsten zwei Jahre zusammengefasst. Aus den untersuchten Daten geht hervor, dass im Jahr 2018 ein moderates Wachstum von 2,1 % erzielt wurde, wobei für die kommenden Monate mit einer leichten Abschwächung gerechnet wird, da die weltweiten Aussichten schlechter sind als vor einem Jahr. Dessen ungeachtet befindet sich die Arbeitslosigkeit auf ihrem niedrigsten Stand seit Beginn der Krise und wird dank der günstigen Arbeitsmarktbedingungen voraussichtlich noch weiter abnehmen. In der vorliegenden Studie wird der EU-Haushaltsplan für 2019 erläutert, wobei ein Überblick zu den einzelnen Haushaltsrubriken geliefert wird. Insgesamt beläuft sich der EU-Haushalt für 2019 auf 165,8 Mrd. EUR (d. h. circa 1 % des Bruttonationaleinkommens der EU). Als Prioritäten werden im Haushaltsplan die Förderung von Investitionen, Wachstum und Forschung, die Schaffung neuer Arbeitsplätze – insbesondere für junge Menschen – sowie die Bewältigung der Herausforderungen in den Bereichen Migration und Sicherheit aufgeführt. Der weiter gefasste Haushaltsrahmen – der Mehrjährige Finanzrahmen (MFR) – wird in der vorliegenden Studie ebenfalls analysiert, wobei im Laufe des Jahres 2019 maßgebliche Entscheidungen für die Ausgaben im Zeitraum 2021-2027 getroffen werden müssen. Der „Wirtschaftsschwerpunkt“ der diesjährigen Ausgabe bietet einen Überblick zu den KMU und zur KMU-Politik in Europa sowie zu einer Reihe von neueren Initiativen auf EU-Ebene, mit denen gezielt auf diesen Bereich eingegangen wird. Besonderes Augenmerk gilt im EU-Haushalt den KMU, da sie eine zentrale Rolle in der europäischen Wirtschaft und für die Schaffung von Arbeitsplätzen spielen. Die EU muss sich weiterhin intensiv darum bemühen, den Zugang der KMU in Europa zu Finanzierung zu verbessern, da sich die kleinen und mittleren Unternehmen nach wie vor in zu starkem Maße auf Fremdfinanzierung stützen, was sie im Falle eines Abschwungs besonders anfällig macht.

Partner