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The good news is that Europe will not be dominated by populist parties. For big tent parties, i.e. the conservative EPP and the social democratic PES, however, results still aren’t rosy – they are looking at heavy losses, including the loss of their joint majority.
The European Union is currently making significant strides to lead on green finance and align its financial system with its climate, sustainability and clean energy ambitions. To this end, the European Commission presented three legislative proposals on sustainable finance in May 2018.
The aim of the concept of inclusive growth, which is being promoted in particular by international organisations such as the OECD, is to derive political recommendations on the basis of selected indicators so that a maximum number of socio-economic groups may benefit from the economic progress of a country.
This paper identifies key areas for leaders to keep the “German model” successful, from developing digitized business cases to future skill requirements and ways to foster entrepreneurship.
The debate concerning the future of the EU has been in full swing ever since Emmanuel Macron’s (2017) Sorbonne speech. New threats to internal and external security in Europe require a stronger EU. In addition, Brexit is ripping a hole in the EU finances.
The European Commission aims to push forward the concepts of ‘recycle, repair and re-use’ as well as waste avoidance. Two years after adopting the Circular Economy Package, EU institutions finally agreed on new EU waste rules.
At EU level, new proposed legislation for a clean-energy policy is being adopted. New policies are currently being discussed regarding the increased reduction of CO2 emissions, as well as EU-wide energy consumption targets for the year 2030 and national energy efficiency targets and measures to be derived from them. But what happens when the proposed objectives contradict and undermine each other?
The comfortable financial situation for unemployment insurance due to the ongoing good performance of the labour market has recently caused an increase in the number of proposals submitted to expand the range of benefits. Firstly, these proposals aim to ease access to the passive benefits of unemployment insurance by, for example, extending the basic period for receiving benefits and reducing the length of previous employment.
The freedom of movement for workers is one of the core principles of the European Union and most Europeans have positive attitude towards it. 75 percent regard it as a good and only 9 percent as a bad thing. Nevertheless, the number of persons moving from one EU member country to another is still small.
The EU Commission proposes establishing Sovereign-Backed Securities (SBSs) as a class of safe assets for the euro area. SBSs are generated by an issuing agency that would purchase a large diversified portfolio of national sovereign bonds, and finance the purchases by issuing (at least) two types of structured bonds: a risk-free senior SBSs tranche and a risky junior SBSs tranche.