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This briefing paper provides an overview of the role and mandate of the Eurogroup and the role and accountability of its President, including the procedures for his/her appointment. This paper includes the following sections: 1) The role of the Permanent President of the Eurogroup; 2) The President of Eurogroup and the European Parliament; 3) The role and mandate of the Eurogroup; and 4) Eurogroup transparency. The paper will be regularly updated.

This paper provides and overview of the role of the European Parliament in scrutinising the application and implementation of the EU economic governance framework, notably by holding Economic Dialogues with the EU executive institutions and, when applicable, with Member States’ governments. We also assess the envisaged role for EU parliaments in the European Commission’s economic governance reform proposals, notably as regards transparency and parliamentary involvement at EU and national level. This ...

The impact assessment uses internal and external expertise and evidence collected from targeted consultations. The problem definition is framed, the IA provides information on the extent of the regulation and the scope of conflicts of interest, the relationship between ESG rating providers and rated companies. The IA considers three options for one specific objective and two options for the other specific objective. Assessment and comparison of the options is made in terms of effectiveness, efficiency ...

Artificial intelligence (AI) has become a powerful tool thanks to technological advances, access to large amounts of data, machine learning and increased computing power. The release of ChatGPT at the end of 2022 was a new breakthrough in AI. It demonstrated the vast range of possibilities involved in adapting general-purpose AI to a wide array of tasks and in getting generative AI to generate synthetic content based on prompts entered by the user. In a just a few years' time, a very large share ...

This study, commissioned by the Policy Department for Citizens’ Rights and Constitutional Affairs at the request of the AFCO Committee, looks into the peculiar nature of Article 122 TFEU as a non-legislative legal basis pursuant to which the European Parliament is not involved in the decision-making. It concludes that the recent recourse to Article 122 TFEU was legally defensible but that the Council does not sufficiently take into account the ‘without prejudice to’ clause in Article 122(1) TFEU. ...

The crypto-asset sector, while still relatively new, has already changed the world of payments and investment forever. The fast-changing and volatile nature of the sector and its growing market prominence poses challenges, however, for tax authorities, which are not always able to track the gains made from the trading of crypto-assets. The Commission's proposal to revise the directive on administrative cooperation in the field of taxation ('DAC8') seeks to set up a reporting framework that would ...

The European Parliament set up its Transparency Register in 1995, in response to criticism regarding the transparency and accountability of the EU's decision-making process in the context of widespread lobbying of the EU institutions. The Commission followed suit in 2008. The two institutions merged their instruments in a joint European Transparency Register in 2011 on the basis of an interinstitutional agreement (IIA); the Council remained only an observer at that time. This original Transparency ...

During the July 2023 plenary session, Members will vote on the own-initiative report of the ING2 special committee laying down recommendations to strengthen Parliament's rules on transparency, integrity, accountability and countering corruption, in the context of protecting it from foreign interference.

This analysis explores examples of best practices from selected parliaments in the areas of transparency, integrity, accountability and anti-corruption, and reflects on the effectiveness of the analysed approaches and their possible applicability for the European Parliament (EP). Findings confirm the need for the establishment of an independent European Union (EU) ethics body, granted investigative and enforcement powers with full transparency of enquiries, decisions and/or proposals as a pre-condition ...

This study has been commissioned by the European Parliament’s Policy Department for Economic, Scientific and Quality of Life Policies, Directorate-General for Internal Policies at the request of the ENVI Committee. It analyses EFSA’s independence and transparency policies and examines how legislative provisions have been implemented by EFSA and whether rules and practices adopted by EFSA can be improved.