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EU/EA measures to mitigate the economic, financial and social effects of coronavirus - State-of-play 18 September 2020

18-09-2020

This document compiles information, obtained from public sources, on the measures proposed and taken at the EU or Euro Area level to mitigate the economic and social effects of Covid19. It will be regularly updated, following new developments.

This document compiles information, obtained from public sources, on the measures proposed and taken at the EU or Euro Area level to mitigate the economic and social effects of Covid19. It will be regularly updated, following new developments.

The ECB’s Monetary Policy Response to the COVID-19 Crisis

17-07-2020

(Updated 8 June 2020) The coronavirus pandemic is taking a heavy toll on the euro area economy, necessitating a timely and resolute macroeconomic policy response. The ECB's Governing Council acted decisively by taking a series of measures that collectively provide a substantial monetary policy stimulus aimed at safeguarding the effective transmission of monetary policy and preventing a serious deterioration of financial conditions. This briefing includes the most recent Governing Council decisions ...

(Updated 8 June 2020) The coronavirus pandemic is taking a heavy toll on the euro area economy, necessitating a timely and resolute macroeconomic policy response. The ECB's Governing Council acted decisively by taking a series of measures that collectively provide a substantial monetary policy stimulus aimed at safeguarding the effective transmission of monetary policy and preventing a serious deterioration of financial conditions. This briefing includes the most recent Governing Council decisions of 4 June.

Commitments made at the hearing of Margrethe VESTAGER, Executive Vice-President-designate - Europe Fit for Digital Age

22-11-2019

The commissioner-designate, Margrethe Vestager, appeared before the European Parliament on 8 October 2019 to answer questions from MEPs in the Committees on Industry, Research and Energy, Internal Market and Consumer Protection and Economic and Monetary Affairs. During the hearing, she made a number of commitments which are highlighted in this document. These commitments refer to her portfolio, as described in the mission letter sent to her by Ursula von der Leyen, President-elect of the European ...

The commissioner-designate, Margrethe Vestager, appeared before the European Parliament on 8 October 2019 to answer questions from MEPs in the Committees on Industry, Research and Energy, Internal Market and Consumer Protection and Economic and Monetary Affairs. During the hearing, she made a number of commitments which are highlighted in this document. These commitments refer to her portfolio, as described in the mission letter sent to her by Ursula von der Leyen, President-elect of the European Commission and include a Europe fit for the digital age and competition.

Achievements and innovations under Mr Draghi’s Presidency and challenges ahead

16-09-2019

For the September 2019 session of the Monetary Dialogue, the Committee on Economic and Monetary Affairs (ECON) tasked monetary experts to analyse achievements of Mr Draghi's Presidency of the European Central Bank and identify challenges for the future architecture of the Economic and Monetary Union (EMU). This note, prepared by Policy department A, gives an overview of in-depth analyses prepared by the experts.

For the September 2019 session of the Monetary Dialogue, the Committee on Economic and Monetary Affairs (ECON) tasked monetary experts to analyse achievements of Mr Draghi's Presidency of the European Central Bank and identify challenges for the future architecture of the Economic and Monetary Union (EMU). This note, prepared by Policy department A, gives an overview of in-depth analyses prepared by the experts.

Below-target inflation and subdued growth in the euro area and elsewhere: implications for monetary policy

16-09-2019

Committee on Economic and Monetary Affairs (ECON) requested monetary experts to analyse implications of below-target inflation and subdued growth in the the euro area for monetary policy. This note, drawn up by Policy department A, gives an overview of in-depth analyses prepared by the experts for the Monetary Dialogue session which took place on 23 September 2019.

Committee on Economic and Monetary Affairs (ECON) requested monetary experts to analyse implications of below-target inflation and subdued growth in the the euro area for monetary policy. This note, drawn up by Policy department A, gives an overview of in-depth analyses prepared by the experts for the Monetary Dialogue session which took place on 23 September 2019.

European Central Bank appointments: Role of the European Parliament

15-07-2019

The European Parliament plays an important role in the appointment processes of two European Central Bank bodies: the Executive Board and the Supervisory Board (Chair and Vice-Chair). This paper aims to: a) provide an overview of the relevant procedural provisions, b) present a selection of past appointments; and c) describe the evolving role of the European Parliament in those procedures. This document was prepared by Policy Department A for the Economic and Monetary Affairs Committee.

The European Parliament plays an important role in the appointment processes of two European Central Bank bodies: the Executive Board and the Supervisory Board (Chair and Vice-Chair). This paper aims to: a) provide an overview of the relevant procedural provisions, b) present a selection of past appointments; and c) describe the evolving role of the European Parliament in those procedures. This document was prepared by Policy Department A for the Economic and Monetary Affairs Committee.

The International Monetary Fund: 15th General Review of Quotas

03-04-2019

The International Monetary Fund (IMF) is set to engage in a quota review which is likely to have important institutional, economic and political consequences. Quotas are an essential component of the governance structure of the IMF, defining the influence member countries exert in the decision-making processes, their financial commitments and access to financing in case of need. The 15th review is likely to revolve around two key issues: overall sufficiency of IMF resources and redistribution of ...

The International Monetary Fund (IMF) is set to engage in a quota review which is likely to have important institutional, economic and political consequences. Quotas are an essential component of the governance structure of the IMF, defining the influence member countries exert in the decision-making processes, their financial commitments and access to financing in case of need. The 15th review is likely to revolve around two key issues: overall sufficiency of IMF resources and redistribution of quota shares between countries. This paper, prepared by Policy department A, aims to provide a general description of the quota system and the current state of play of the review. It also discusses the dimension of parliamentary scrutiny.

Studies in Focus: Mis-selling of Financial Products

14-09-2018

This note, prepared by Policy Department A for the Committee on Economic and Monetary Affairs, gives an overview of five studies on Mis-selling of financial products which were published in June 2018.

This note, prepared by Policy Department A for the Committee on Economic and Monetary Affairs, gives an overview of five studies on Mis-selling of financial products which were published in June 2018.

An Banc Ceannais Eorpach (BCE)

01-02-2018

Is é an Banc Ceannais Eorpach (BCE) institiúid lárnach an Aontais Eacnamaíoch agus Airgeadaíochta agus tá sé freagrach as beartas airgeadaíochta sa limistéar euro ón 1 Eanáir 1999. Tá an Córas Eorpach Banc Ceannais comhdhéanta de BCE agus de na bainc cheannais náisiúnta i mBallstáit uile an Aontais. Is é príomhchuspóir an Chórais Eorpaigh Banc Ceannais cobhsaíocht praghsanna a choimeád ar bun. Ón 4 Samhain 2014, tá BCE freagrach as cúraimí ar leith a bhaineann le beartais i dtaca le maoirseacht stuamachta ...

Is é an Banc Ceannais Eorpach (BCE) institiúid lárnach an Aontais Eacnamaíoch agus Airgeadaíochta agus tá sé freagrach as beartas airgeadaíochta sa limistéar euro ón 1 Eanáir 1999. Tá an Córas Eorpach Banc Ceannais comhdhéanta de BCE agus de na bainc cheannais náisiúnta i mBallstáit uile an Aontais. Is é príomhchuspóir an Chórais Eorpaigh Banc Ceannais cobhsaíocht praghsanna a choimeád ar bun. Ón 4 Samhain 2014, tá BCE freagrach as cúraimí ar leith a bhaineann le beartais i dtaca le maoirseacht stuamachta institiúidí creidmheasa faoi chuimsiú an tSásra Maoirseachta Aonair. Mar mhaoirseoir baincéireachta, tá ról comhairleach ag BCE freisin maidir le measúnú a dhéanamh ar phleananna réitigh na n-institiúidí creidmheasa.

An Banc Eorpach Infheistíochta

01-02-2018

Déanann An Banc Eorpach Infheistíochta (BEI) cuspóirí an Aontais Eorpaigh a chur chun cinn trí mhaoiniú tionscadail fadtéarmach, ráthaíochtaí agus comhairle a chur ar fáil. Tacaíonn sé le tionscadail laistigh agus lasmuigh de AE. Is iad Ballstáit AE na scairshealbhóirí in BEI. Is é BEI an scairshealbhóir tromlaigh sa Chiste Eorpach Infheistíochta (CEI) agus, le chéile, is ionann an dá eagraíocht agus Grúpa BEI. Laistigh den Phlean Infheistíochta don Eoraip atá ag an gCoimisiún, is cuid de straitéis ...

Déanann An Banc Eorpach Infheistíochta (BEI) cuspóirí an Aontais Eorpaigh a chur chun cinn trí mhaoiniú tionscadail fadtéarmach, ráthaíochtaí agus comhairle a chur ar fáil. Tacaíonn sé le tionscadail laistigh agus lasmuigh de AE. Is iad Ballstáit AE na scairshealbhóirí in BEI. Is é BEI an scairshealbhóir tromlaigh sa Chiste Eorpach Infheistíochta (CEI) agus, le chéile, is ionann an dá eagraíocht agus Grúpa BEI. Laistigh den Phlean Infheistíochta don Eoraip atá ag an gCoimisiún, is cuid de straitéis níos leithne é Grúpa BEI, straitéis atá dírithe ar an mbearna mhór infheistíochta a shárú trí na hinfheisteoirí a scaoileadh ó chuid den riosca a bhaineann le tionscadail.

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