Single market

Christine Lagarde: Unlocking the power of ideas

Retrieved on: 
Tuesday, April 23, 2024

Since 2022 rising housing costs have, on average, largely been offset by growth in household income, leading to stable housing cost to household income ratios.

Key Points: 
  • Since 2022 rising housing costs have, on average, largely been offset by growth in household income, leading to stable housing cost to household income ratios.
  • The housing cost burden has, however, increased slightly for both renter and mortgage households at the upper end of the income distribution.

Press release - European Parliament Press Kit for the Special European Council of 17 and 18 April 2024

Retrieved on: 
Thursday, April 18, 2024

In this press kit, you will find a selection of the European Parliament’s press releases reflecting MEPs’ priorities for topics on the summit agenda. Source : © European Union, 2024 - EP

Key Points: 


In this press kit, you will find a selection of the European Parliament’s press releases reflecting MEPs’ priorities for topics on the summit agenda. Source : © European Union, 2024 - EP

Press release - EP President Metsola at EUCO: The Single Market is Europe’s greatest economic driver

Retrieved on: 
Thursday, April 18, 2024

Doubling down on the Single Market ensures Europe’s long-term competitiveness, prosperity and leadership on the global stage, said President Metsola at the Special European Council. Source : © European Union, 2024 - EP

Key Points: 


Doubling down on the Single Market ensures Europe’s long-term competitiveness, prosperity and leadership on the global stage, said President Metsola at the Special European Council. Source : © European Union, 2024 - EP

Christine Lagarde, Luis de Guindos: Monetary policy statement (with Q&A)

Retrieved on: 
Thursday, April 18, 2024

Stock market development and familiarity (language and distance) are considered key determinants for home bias.

Key Points: 
  • Stock market development and familiarity (language and distance) are considered key determinants for home bias.
  • The literature neglects however that investors often invest in foreign funds domiciled in financial centers.

BusinessEurope Statement on the Renewal of the EU Autonomous Trade Measures (ATMs) to support Ukraine

Retrieved on: 
Thursday, March 21, 2024

BRUSSELS, March 21, 2024 /PRNewswire/ -- More than two years after Russia's invasion of Ukraine, BusinessEurope, that includes two observer members from Ukraine[1], reiterates its strong support to Ukraine and its people.

Key Points: 
  • BRUSSELS, March 21, 2024 /PRNewswire/ -- More than two years after Russia's invasion of Ukraine, BusinessEurope, that includes two observer members from Ukraine[1], reiterates its strong support to Ukraine and its people.
  • More than ever the EU needs to ensure that emergency support continues to flow to the country, and that infrastructure and businesses are kept operational.
  • In this respect, we support the renewal of the EU's autonomous trade measures (ATMs) to enhance bilateral trade with Ukraine.
  • Combined with the implementation of solidarity lanes, these liberalisation measures have been critical to facilitate the flow of goods, including commodities, in and out of the country.

BusinessEurope Statement on the Renewal of the EU Autonomous Trade Measures (ATMs) to support Ukraine

Retrieved on: 
Thursday, March 21, 2024

BRUSSELS, March 21, 2024 /PRNewswire/ -- More than two years after Russia's invasion of Ukraine, BusinessEurope, that includes two observer members from Ukraine[1], reiterates its strong support to Ukraine and its people.

Key Points: 
  • BRUSSELS, March 21, 2024 /PRNewswire/ -- More than two years after Russia's invasion of Ukraine, BusinessEurope, that includes two observer members from Ukraine[1], reiterates its strong support to Ukraine and its people.
  • More than ever the EU needs to ensure that emergency support continues to flow to the country, and that infrastructure and businesses are kept operational.
  • In this respect, we support the renewal of the EU's autonomous trade measures (ATMs) to enhance bilateral trade with Ukraine.
  • Combined with the implementation of solidarity lanes, these liberalisation measures have been critical to facilitate the flow of goods, including commodities, in and out of the country.

Press release - Parliament adopts its position on major reform of EU Customs Code

Retrieved on: 
Wednesday, April 3, 2024

Parliament adopts its position on major reform of EU Customs Code

Key Points: 
  • Parliament adopts its position on major reform of EU Customs Code
    - Thorough preliminary vetting would enable trustworthy companies to benefit from fewer customs checks later
    - Platforms must submit information to EU customs authorities about goods shipped to EU from third countries
    - All EU customs authorities to use the same IT system EU DataHub
    The overhaul of the EU Customs Code reform would change the way customs authorities operate, cooperate with traders and manage goods that people order online.
  • The EU Customs Code needs a thorough revamp due to the exponential growth of e-commerce and many new product standards, bans, obligations and sanctions the EU has put in place in recent years.
  • New digital solutions
    The reform establishes a new IT platform called EU DataHub as the main working tool for all European customs authorities.
  • Background
    The Commission presented the proposal to reform the EU Customs Code in May 2023.

European Commission announces new competitions for 2025 - European Capital and Green Pioneer of Smart Tourism

Retrieved on: 
Thursday, March 7, 2024

BRUSSELS, March 7, 2024 /PRNewswire/ -- Today, the European Commission launches the 2025 edition of the European Capital of Smart Tourism and the European Green Pioneer of Smart Tourism competitions.

Key Points: 
  • BRUSSELS, March 7, 2024 /PRNewswire/ -- Today, the European Commission launches the 2025 edition of the European Capital of Smart Tourism and the European Green Pioneer of Smart Tourism competitions.
  • Tourism destinations across Europe are invited to submit their innovative practices of smart and sustainable tourism to become leading examples in European tourism.
  • With these competitions, the European Commission promotes and awards the future of smart and sustainable tourism in Europe.
  • The European Jury will select two winners, the 'European Capital of Smart Tourism 2025' and the 'European Green Pioneer of Smart Tourism 2025', which will be announced in November 2024.

European Commission announces new competitions for 2025 - European Capital and Green Pioneer of Smart Tourism

Retrieved on: 
Thursday, March 7, 2024

BRUSSELS, March 7, 2024 /PRNewswire/ -- Today, the European Commission launches the 2025 edition of the European Capital of Smart Tourism and the European Green Pioneer of Smart Tourism competitions.

Key Points: 
  • BRUSSELS, March 7, 2024 /PRNewswire/ -- Today, the European Commission launches the 2025 edition of the European Capital of Smart Tourism and the European Green Pioneer of Smart Tourism competitions.
  • Tourism destinations across Europe are invited to submit their innovative practices of smart and sustainable tourism to become leading examples in European tourism.
  • With these competitions, the European Commission promotes and awards the future of smart and sustainable tourism in Europe.
  • The European Jury will select two winners, the 'European Capital of Smart Tourism 2025' and the 'European Green Pioneer of Smart Tourism 2025', which will be announced in November 2024.

Isabel Schnabel: From laggard to leader? Closing the euro area’s technology gap

Retrieved on: 
Saturday, February 17, 2024
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This paper, by means of a DSGE model including heterogeneous firms and banks, financial frictions and prudential regulation, first shows the need of climate-related capital requirements in the existing prudential framework.

Key Points: 
  • This paper, by means of a DSGE model including heterogeneous firms and banks, financial frictions and prudential regulation, first shows the need of climate-related capital requirements in the existing prudential framework.
  • We further show that relying on microprudential regulation alone would not be enough to account for the systemic dimension of transition risk.