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This study discusses recent and current conditions relating to financial stability in the euro area, develops, in particular, on the impact of the current ‘inflation crisis’ on financial stability vulnerabilities, and addresses two related priorities for the Single Resolution Board (SRB).

The Banking Union will likely face several risks in the near future, ranging from geopolitical risks to shadow banking risks and the phasing out of Covid-19 support. Such risks might also affect the Single Resolution Board and its priorities. This paper discusses the key short-term risks and analyses how the SRB can be impacted regarding resolution planning, the failing or likely to fail determination, public interest assessment and resolution action.

Las redes transeuropeas (RTE) están cofinanciadas por la Unión Europea y por los Estados miembros. La ayuda financiera de la Unión sirve de catalizador, pero son los Estados miembros los que aportan la mayor parte de los fondos. La financiación de las RTE también se puede completar mediante los Fondos Estructurales, ayudas del Banco Europeo de Inversiones o contribuciones procedentes del sector privado. Las RTE fueron objeto de una importante reforma a raíz de la creación del Mecanismo «Conectar ...

On 26 October 2014, the ECB presented the results of its comprehensive assessment, stating that capital shortfalls were detected at 25 out of 130 participant banks, in total amounting to €25 billion. Each of the banks concerned had to explain to the ECB within two weeks after the public disclosure of the results how those shortfalls could be addressed within at maximum period of nine months. The ECON committee is interested to know how much progress has been made with mitigating actions since the ...

On 26 October 2014, the ECB presented the results of its comprehensive assessment, stating that capital shortfalls were detected at 25 out of 130 participant banks, in total amounting to €25 billion. Each of the banks concerned had to explain to the ECB within two weeks after the public disclosure of the results how those shortfalls could be addressed within at maximum period of nine months. Given that the overall timeframe for addressing the capital shortfalls has not yet fully elapsed, one can ...

Since the ousting of Hosni Mubarak and Zine El Abidine Ben Ali, the EU has frozen assets of 67 people suspected of concealing abroad state funds misappropriated in Egypt and Tunisia. But despite high-level political declarations sup¬porting the recovery of these assets, there seems to be little prospect of their swift return to the countries of origin.

Since the onset of the financial crisis, in 2008, NATO members have cut their defence budgets by billions of euros. Investment in equipment, and research and development has also been reduced. NATO allies face the choice of pooling and sharing certain capabilities at an international level or losing the capacity to act globally.

2013 budget is again fixed to EUR 30.5 million. Council to EDA: 'do more and better - but with less!' The Council did not manage to establish a long term financial perspective for EDA. The EDA's budget comes from participating Member States' contributions and its progress t is hindered by the unanimity requirement for adopting it. The Council could make EDA a true Union agency funded from the Union budget. The strong and direct command and control of the EDA through the Member States' meeting in ...