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The purpose of draft amending budget No 3/2023 (DAB 3/2023) to the EU's 2023 general budget is to update the revenue side, taking into account the latest economic forecasts. DAB 3/2023 also adjusts the 2023 budget to cover recent developments such as the Defence Industrial Reinforcement Instrument, the European Chips Act and fisheries agreements. Parliament is expected to vote on the Council's position on DAB 3/2023 during its October II plenary session.

This AT a glance note summarises the study providing a comparative assessment of the 28 Common Agricultural Policy Strategic Plans of the EU Member States. It assesses the main features of the regulatory framework for the 2023-2027 period including the approval process of the plans and provides an overview of the financial allocations of the 28 Strategic Plans and the specificities of their implementation. The study provides a first evaluation of the relevance of the Strategic Plans and their contribution ...

This infographic showcases major economic indicators for the six Western Balkan (WB) countries that are at various stages on the path towards the EU. All six exhibit a relatively consistent rise in GDP per capita, and they also show similar trends in falling unemployment rates. The female labour force participation rate hovers around 50 % (except for Bosnia and Herzegovina and North Macedonia, with lower rates), similar to the EU. EU trade in goods (imports and exports) with the Western Balkans has ...

The European education area (EEA) is about promoting cooperation among European Union (EU) Member States to build more resilient and inclusive national education and training systems. The aim is also to improve access to quality education and lifelong learning for all across the EU. EU leaders first endorsed the vision for a European education area at the Gothenburg Social Summit in 2017. Following the first initiatives, the overall approach to forming the EEA by 2025 was outlined in a 2020 European ...

The ongoing escalation of inflation challenges policymakers with radical uncertainty. First, inflation is boosted by the interplay of global and domestic factors. Second, such factors involve both aggregate demand and supply with different intensity in different countries. Third, global factors such as energy prices are also driven by geopolitical unpredictable forces. Risks of both under and over-reaction are present. All this makes a good case for coordination of monetary and fiscal policies within ...

The inflation challenge today is a global phenomenon and because of the integrated global economy, domestic monetary policy can have spillover effects to other economies. In response to widespread inflation, we are now seeing a synchronised monetary tightening by many central banks. The simultaneous and mutually-compounding tightening of financing conditions might exceed what is necessary to contain inflation and exacerbate the global recession risk. While monetary policy coordination between central ...

This study provides Members of the European Parliament and other interested stakeholders with an independent evaluation of the likely economic, social and environmental impacts from the 10 Flagship projects of the Economic and Investment Plan for the Western Balkans (EIP), adopted by the European Commission on 6 October 2020. On the basis of a tailor-made methodology, the EIP projects’ impact is assessed according to their relevance, effectiveness and efficiency, as well as their synergies and coherence ...

This document provides an overview of key developments under the preventive and corrective arms of the Stability and Growth Pact on the basis of the latest Commission and Council decisions and recommendations in the framework of the Stability and Growth Pact and the latest European Commission economic forecasts. This document is regularly updated. This version is an update on a version published in December 2021.

This study, the fifth in an annual series, provides an overview of the economic and budgetary situation in the EU and beyond, and summarises the main economic indicators in the EU and euro area and their two-year trends. It also explains the annual EU budget, provides an overview of its headings for 2021, and sets out the wider budgetary framework – the post-2020 multiannual financial framework (MFF) and the Next Generation EU recovery instrument. This year's special 'economic focus' puts the spotlight ...

Scopul acestui studiu este de a evalua capacitatea administrativă a statelor membre de implementare a politicii de coeziune în 2014-2020, precum și pregătirile efectuate la nivel administrativ pentru un început reușit al perioadei de programare. Paisprezece studii de caz au confirmat faptul că măsurile de simplificare sunt în curs de elaborare la nivelul UE și al statelor membre, pe baza concluziilor din perioadele anterioare, dar că în privința eficienței și eficacității gestionării fondurilor în ...