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On 27 October 2021, the Commission tabled a regulation amending the Capital Requirements Regulation (CRR) and the Banking Resolution and Recovery Directive (BRRD) with a view to resolving inconsistencies regarding the internal minimum requirements for own funds and eligible liabilities (iMREL). The iMREL are indirectly channelled through a number of intermediate parents up to the resolution entity of the group, in a process also known as a 'daisy chain'. In its negotiating position adopted in February ...

Le présent document est la synthèse de la note thématique intitulée «La relance des transports et du tourisme dans l’UE après la COVID-19 - Secteur du tourisme». L’intégralité de la note, disponible en anglais, peut être téléchargée à l’adresse suivante: https://bit.ly/3CxlY3v

The first phase of Brexit talks between the EU and UK negotiating teams needed six rounds of discussion over seven months. Finally, on Friday 8 December, an agreement in principle on the three priority issues – citizens’ rights, a financial settlement and Northern Ireland – was reached. The European Commission President, Jean-Claude Juncker, and the UK Prime Minister, Theresa May, endorsed a joint report setting out a common understanding on the future withdrawal agreement. Whilst a number of specific ...

After seven months of talks, the EU and the UK reached agreement in principle on the key withdrawal issues, on 8 December 2017. The European Council (EU-27) of 15 December will decide whether sufficient progress has been achieved in order to proceed to the second phase of negotiations.

The debate on how to deepen economic and monetary union (EMU) is in full swing, despite gradual recovery since 2015 from the 2007-2008 crisis. There is controversy surrounding whether delegation of monetary sovereignty to EMU necessarily entails some euro-area fiscal stabilisation competences and, if so, what kind. Proposals for such a mechanism range from (re)insurance solutions, investment strategies and funding instruments, to actual budgetary competence for the euro area. Current research supports ...

Cette note d’information est destinée à fournir des informations contextuelles au sujet d’un certain nombre d’éléments essentiels expliquant l’impact de la crise économique sur le secteur européen du transport aérien. Pour commencer, l’impact actuel de la crise économique en termes de transport de fret et de transport de passagers est analysé à l’aide d’un ensemble d’indicateurs-clés. Ensuite, le document s’attache à décrire des scénarios possibles de développement à moyen terme pour le secteur du ...

This study provides an overview of the extent of problems of 'directory companies' reported to apply misleading practices. It describes judicial and non-judicial measures taken by affected enterprises and discusses initiatives by Member States aimed at tackling these practices. The study further presents an overview of the current EU legal framework and its national implementation. Finally, the study concludes with a discussion of options for EU-level action.