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New economic governance framework

At a Glance 16-04-2024

On 10 February 2024, the Council and Parliament reached a provisional agreement on a new economic governance framework for the EU, seeking to balance national debt sustainability with sustainable and inclusive growth in all Member States. Parliament is due to vote on the final texts during the April II 2024 session.

EU directive on platform work

At a Glance 16-04-2024

The Parliament is due tol vote on the agreement reached with the Council on a new directive that sets minimum standards to improve working conditions for people who work through digital labour platforms. It introduces the first-ever EU rules regulating algorithmic management in the workplace. The directive is the outcome of difficult negotiations and sends a signal to taxi and food delivery drivers and domestic workers that the EU is determined to set straight platforms' use of gig work, albeit with ...

Anti-money-laundering package

At a Glance 16-04-2024

During the April II plenary session, Parliament is due to vote on provisional agreements resulting from interinstitutional negotiations on three related EU acts concerning money laundering and terrorist financing.

Parliament is expected to vote during the April II plenary session on the draft agreement reached on creating an interinstitutional body for ethical standards, following a recommendation due to be debated in the Committee on Constitutional Affairs (AFCO) on 22 April. The agreement is the result of negotiations between eight EU institutions and bodies, based on a Commission proposal responding to Parliament's request. The interinstitutional body for ethical standards would strengthen EU institutions ...

In September 2022, the Commission proposed a regulation to ban products made using forced labour from the EU internal market. Alongside national authorities, it will investigate suspicious products posing a higher and more impactful risk of forced labour. Those found to be made with forced labour will be withdrawn from the market. After reaching a provisional agreement on the text with the Council in March 2024, Parliament is due to vote on it during the April II plenary session.

Denmark's national recovery and resilience plan (NRRP) corresponds to 0.2 % of the entire Recovery and Resilience Facility (RRF), or 0.5 % of Denmark's 2019 gross domestic product (GDP). The financial contribution from the EU totals €1625.9 million. In June 2022, the maximum RRF grant allocation available for Denmark was revised downwards, from €1551.4 million to €1 429 million (- 7.9 %). On 7 November 2023, the Council approved the amended plan, which includes a REPowerEU chapter, adding €196.7 ...

Banking union

At a Glance 16-04-2024

Parliament is expected to vote on provisional agreements on amendments to the Capital Requirements Directive (CRD) and to the Capital Requirements Regulation (CRR) during the April II plenary session. The CRD and CRR provide the prudential framework in the EU banking single rulebook. The Commission tabled a package of two interconnected proposals to amend the CRR and the CRD in 2021. The objective is two-fold: (i) implement final Basel Agreement arrangements; and (ii) enhance harmonisation of banking ...

Net-zero industry act

At a Glance 16-04-2024

In March 2023, the European Commission proposed a regulation to strengthen the EU's ecosystem for net-zero technology products manufacturing ('net-zero industry act' – NZIA). During its April II plenary session, the European Parliament is due to vote on the political agreement reached by the co-legislators on 6 February 2024.

The revision of the 2021-2027 multiannual financial framework (MFF) necessitates amendments to the EU's 2024 general budget. Draft amending budget No 1/2024 (DAB 1/2024) will raise the 2024 budget by €5.83 billion in commitment appropriations and €4.14 billion in payment appropriations. The MFF headings affected are Heading 5 (Security and defence – €376 million) and Heading 6 (Neighbourhood and the world – €501 million). The new Ukraine Reserve will also be mobilised, with €4.8 billion in commitment ...

In March 2022, the Commission proposed a directive to combat violence against women and domestic violence in the EU, and the co-legislators agreed on a compromise text in early 2024. Parliament is set to vote on the text during its April II part-session. The new directive would set minimum standards for criminalising severe forms of violence and for enhancing prevention, access to justice and protection of victims.