Liste des publications du Think Tank du PE
←
→
Transcription du contenu de la page
Si votre navigateur ne rend pas la page correctement, lisez s'il vous plaît le contenu de la page ci-dessous
Liste des publications du Think Tank du PE
https://www.europarl.europa.eu/thinktank
Critères de recherche utilisés pour générer la liste :
Tri Tri par date
Mot-clé "pacte de stabilité"
84 Résultat(s) trouvé(s)
Date de création : 14-07-2022Economic Dialogues and Exchanges of Views with Member States under the European Semester Cycles
- State of play May 2022
Type de publicationBriefing
Date 20-05-2022
Auteur HAGELSTAM Kajus
Domaine politique Affaires économiques et monétaires | Semestre européen
Mot-clé base juridique | budget de l'État | disparité économique | macroéconomie | pacte de stabilité | politique budgétaire |
règlement (UE) | surveillance multilatérale | zone euro | État membre UE
Résumé This table provides a regular update on Member States invited for an Economic Dialogue in the competent Committee
of the European Parliament and an overview of the respective legal base.
Briefing EN
Implementation of the Stability and Growth Pact under pandemic times
Type de publication Analyse approfondie
Date 08-12-2021
Auteur ANGERER Jost
Domaine politique Affaires économiques et monétaires | Coronavirus
Mot-clé maladie à coronavirus | pacte de stabilité | prévision économique | rapport | épidémie
Résumé 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.
Analyse approfondie EN
Euro Area fiscal policies and capacity in post-pandemic times
Type de publication
Étude
Date02-07-2021
Auteur externeM. CHANG
Domaine politiqueAffaires économiques et monétaires | Coronavirus
Mot-cléchômage partiel | dette publique | gouvernance économique (UE) | instrument financier de l'UE | maladie à coronavirus
| pacte de stabilité | politique fiscale | rapport de recherche | reprise économique | zone euro | épidémie | équilibre
budgétaire
Résumé This paper situates the EU’s fiscal response to the pandemic (suspending the Stability and Growth Pact, creating the
SURE and Recovery and Resilience Facility) within longstanding debates on reforming EU fiscal governance and
offers recommendations on the way forward, specifically the SGP reforms needed prior to returning to its rules and
creating a budget with a stabilisation capacity.
Étude EN
Euro area fiscal policies and capacity in post-pandemic times
Type de publication
Étude
Date25-06-2021
Auteur externeR. Marimon, A. Wicht
Domaine politiqueAffaires économiques et monétaires | Coronavirus
Mot-clédette publique | euro-émission | fonds (UE) | intérêt | maladie à coronavirus | pacte de stabilité | politique fiscale |
politique monétaire unique | rapport de recherche | zone euro | épidémie | équilibre budgétaire
Résumé The main legacy of the post-Covid-19-crisis euro area fiscal framework should be the development of a unique
integrated fiscal policy and of a permanent and independent Fiscal Fund to implement it. To arrive at this conclusion,
we analyse the challenges and build on current research on the optimal design of a fiscal fund. We characterise the
fiscal policy, and the development of the Fund, together with the role and form that the Stability and Growth Pact can
take in the new fiscal framework.
Étude EN
14-07-2022 Source : © Union européenne, 2022 - PE 1Economic Dialogue with the European Commission - 28 June 2021
Type de publication Analyse approfondie
Date 24-06-2021
Auteur GRIGAITE KRISTINA | HAGELSTAM Kajus | KOMAZEC KATJA | PACHECO DIAS CRISTINA SOFIA | TURCU
OVIDIU IONUT | ZOPPÉ Alice
Domaine politique Affaires économiques et monétaires | Coronavirus
Mot-clé Commission européenne | dette publique | gouvernance économique (UE) | maladie à coronavirus | pacte de stabilité |
rapport de recherche | reprise économique | semestre européen | épidémie | équilibre budgétaire | État membre UE
Résumé Executive Vice-President Dombrovskis and Commissioners Schmit and Gentiloni have been invited to an Economic
Dialogue on the 2021 European Semester package, in line with the relevant EU law. This briefing note covers the main
elements of the Semester Package, the latest developments under the Semester surveillance framework, the state-of-
play on the recovery and resilience plans under the Recovery and Resilience Facility, and on-going work to strengthen
the governance and the resilience of Economic and Monetary Union.
Analyse approfondie EN
Country-Specific Recommendations for 2019 and 2020 - A tabular comparison and an overview of
implementation
Type de publicationÉtude
Date 06-05-2021
Auteur ANGERER Jost | GOTTI GIULIA | GRIGAITE KRISTINA | KOMAZEC KATJA
Domaine politique Affaires économiques et monétaires | Coronavirus
Mot-clé ajustement structurel | conséquence économique | maladie à coronavirus | pacte de stabilité | politique budgétaire |
recommandation (UE) | reprise économique | semestre européen | épidémie | État membre UE
Résumé This document presents: • The 2019 Country-Specific Recommendations proposed by the European Commission on
5 June 2019 and adopted by the Council on 9 July 2019 and • The European Commission’s assessments of the
implementation of the 2018 Country-Specific Recommendations based on its Country Reports published on 27
February 2019. • The 2018 Country-Specific Recommendations proposed by the European Commission on 23 May
2018 and adopted by the Council on 13 July 2018
Étude EN
Implementation of the Stability and Growth Pact under pandemic times
Type de publication Briefing
Date 22-03-2021
Auteur ANGERER Jost
Domaine politique Affaires économiques et monétaires
Mot-clé dette publique | finances publiques | maladie à coronavirus | pacte de stabilité | épidémie | État membre UE
Résumé 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 Council decisions and recommendations in the framework of the Stability
and Growth Pact and the latest European Commission economic forecast. This document is regularly updated.
Briefing EN
Economic Dialogue with the European Commission on EU Fiscal Surveillance
Type de publication Analyse approfondie
Date 01-03-2021
Auteur ANGERER Jost | GRIGAITE KRISTINA | PACHECO DIAS CRISTINA SOFIA | SEGALL REBECCA SARAH FANNY |
ZOPPÉ Alice
Domaine politique Affaires économiques et monétaires | Coronavirus
Mot-clé dette publique | gestion de crise | maladie à coronavirus | pacte de stabilité | politique fiscale | prévision économique |
reprise économique | récession économique | semestre européen | épidémie
Résumé Vice-President Dombrovskis and Commissioner Gentiloni have been invited to an Economic Dialogue on the fiscal part
of the European Semester autumn package adopted by the Commission in November 2020. The fiscal elements of the
package include the Commission Opinions on euro area 2021 Draft Budgetary Plans, the fiscal policy recommendation
for the euro area and some elements of the 2021 Alert Mechanism Report. In March 2020, the general escape clause
of the Stability and Growth Pact was activated and the Commission and the Council are expected to reassess its
duration soon. The Commission has announced that it will publish on 3 March guidance for the related discussions
(“One year since the outbreak of COVID-19: fiscal policy response”).
Analyse approfondie EN
14-07-2022 Source : © Union européenne, 2022 - PE 2Balanced Withdrawal of Policy Support to Avoid Cliff Effects
Type de publicationAnalyse approfondie
Date 01-03-2021
Auteur externe Klaus-Jürgen GERN
Domaine politique Affaires économiques et monétaires | Coronavirus | Questions financières et bancaires
Mot-clé analyse économique | chômage partiel | emprunt public | pacte de stabilité | politique fiscale | politique monétaire |
politique économique | reprise économique | récession économique | surveillance financière
Résumé The COVID-19 crisis has triggered unprecedented concerted economic policy response. The paper investigates
potential cliff effects that may arise from the temporary nature of the measures adopted and their different phase-out
schedules. It finds that the concern that premature policy tightening could jeopardise the recovery are overblown. The
major challenges for economic policy lie in the medium term.
This paper was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of
the committee on Economic and Monetary Affairs (ECON) ahead of the Monetary Dialogue with the ECB President on
18 March 2021.
Analyse approfondie EN
Background Reader on the European Semester - Winter Edition 2021
Type de publicationÉtude
Date 18-02-2021
Domaine politique Affaires économiques et monétaires | Coronavirus
Mot-clé ajustement structurel | maladie à coronavirus | pacte de stabilité | politique de l'emploi | programme de stabilité |
reprise économique | semestre européen | épidémie
Résumé This fifth edition of the background reader on the European Semester, prepared by the Economic Governance Support
Unit (EGOV) in the Directorate for Economic and Scientific Policies of the European Parliament, provides an overview
of publications related to the European Semester from a parliamentary perspective. It aims at further increasing the
links between Members of the European Parliament and national Parliaments, notably during inter-parliamentary
meetings.
Étude EN
Introduction to the fiscal framework of the EU: The Maastricht Treaty, the Treaty on Stability, Coordination
and Governance, and the Stability and Growth Pact
Type de publicationÉtude
Date 08-02-2021
Auteur DELIVORIAS Angelos
Domaine politique Affaires économiques et monétaires
Mot-clé critère de convergence | croissance économique | gouvernance économique (UE) | pacte de stabilité | politique fiscale
| traité sur l'Union européenne | traité sur la stabilité, la coordination et la gouvernance
Résumé Almost 30 years ago, the Maastricht Treaty laid the basis for economic and monetary union (EMU). Its fiscal provisions
have been further developed by subsequent primary and secondary legislation – in particular, the Stability and Growth
Pact with its preventive and corrective arms, and the Treaty on Stability, Coordination and Governance in EMU. These
instruments together constitute the fiscal framework of the European Union. In early 2020, the European Commission
launched a review of the EU's economic governance, seeking in particular to establish how effective the surveillance
provisions have been in achieving their objectives. This paper aims to provide an introduction to the Union's economic
governance, starting from a brief overview of the economic literature, and concluding with a look at possible
developments that might follow from the review, not least examining the various calls for its amendment that have
been put on the table. While the Commission's review has been put to one side while the immediate issues of the
coronavirus pandemic are addressed, the economic consequences of the pandemic are themselves changing the
context for the review.
Étude EN
Thematic Digest: “When and how to deactivate the SGP general escape clause?”
Type de publication Briefing
Date 03-02-2021
Auteur ANGERER Jost | ZOPPÉ Alice
Domaine politique Affaires économiques et monétaires
Mot-clé conséquence économique | déficit budgétaire | maladie à coronavirus | pacte de stabilité | politique fiscale | produit
intérieur brut | programme de stabilité | récession économique | épidémie
Résumé This note presents summaries of four papers on the conditions and timing for the future deactivation of the general
escape clause of the Stability and Growth Pact, which is in force since March 2020. The papers, written by external
experts, were requested by the ECON Committee of the European Parliament.
Briefing EN
14-07-2022 Source : © Union européenne, 2022 - PE 3When and how to deactivate the SGP general escape clause?
Type de publicationAnalyse approfondie
Date 15-01-2021
Auteur externe Philippe MARTIN, Xavier RAGOT
Domaine politique Affaires économiques et monétaires
Mot-clé commission PE | dette publique | maladie à coronavirus | pacte de stabilité | produit intérieur brut | rapport de
recherche | reprise économique | récession économique | épidémie | État membre UE
Résumé The unprecedented level of economic uncertainty requires clarifying the European fiscal rules. To avoid repeating the
mistakes of the last crisis, the deactivation of the General Escape Clause should be state-dependent, not time-
dependent and should take place only when 1) a reform of the SGP has been agreed upon, 2) the EU has returned to
its pre-crisis level in terms of GDP per capita or employment. The state-dependent strategy should also apply at the
country level.
Analyse approfondie EN
When and how to deactivate the SGP general escape clause?
Type de publication
Analyse approfondie
Date15-12-2020
Auteur externeLuisa LAMBERTINI
Domaine politiqueAffaires économiques et monétaires | Coronavirus
Mot-clécommission PE | conséquence économique | dette publique | Eurogroupe (zone euro) | intérêt | maladie à coronavirus
| pacte de stabilité | rapport de recherche | épidémie
Résumé This paper analyses the conditions under which to lift the SGP general escape clause (GEC). It is advisable that the
timing for lifting the GEC be Member State-specific and contingent to the Member State’s return to its pre-Covid-19
output gap or real GDP level. Medium-Term Budgetary Objectives should be redesigned to take into account the debt-
to-GDP level and the interest rate-growth differential. Maintaining government debt yields at low levels after the
pandemic would make debt reduction less costly in terms of output.
Analyse approfondie EN
When and How to Deactivate the SGP General Escape Clause?
Type de publication Analyse approfondie
Date 11-12-2020
Auteur externe Klaus-Jürgen GERN
Stefan KOOTHS
Ulrich STOLZENBURG
Domaine politique Affaires économiques et monétaires
Mot-clé convergence économique | maladie à coronavirus | pacte de stabilité | plan anticrise | politique fiscale | programme de
stabilité | récession économique | stabilité financière | surveillance financière | épidémie
Résumé Based on a brief assessment of the current EU fiscal framework, the paper discusses when and how fiscal surveillance
should be enacted again, and investigates possible options for reform. The general escape clause should be lifted as
soon as epidemiological conditions allow for economic activity to normalise, probably by 2022. We propose a transitory
arrangement if the discussion on a broader reform of the fiscal framework remains inconclusive while the general
escape clause is in force.
Analyse approfondie EN
When and how to deactivate the SGP general escape clause?
Type de publicationAnalyse approfondie
Date 25-11-2020
Auteur externe Erik JONES
Domaine politique Affaires économiques et monétaires
Mot-clé conséquence économique | convergence économique | maladie à coronavirus | pacte de stabilité | plan anticrise |
programme de stabilité | reprise économique | récession économique | stabilité financière | surveillance financière |
épidémie
Résumé This paper provides a framework for considering when and how to deactivate the general escape clause of the Stability
and Growth Pact (SGP). That framework takes into account the goals of the SGP, the desire to avoid pro-cyclical
policy influences that might stifle Europe’s economic recovery, and the necessity not to endanger fiscal sustainability in
the medium term. The framework also considers the variation in performance across countries and the indicators that
might be used to map transitional arrangements.
Analyse approfondie EN
14-07-2022 Source : © Union européenne, 2022 - PE 4What role for the European Semester in the recovery plan?
Type de publicationAnalyse approfondie
Date 15-10-2020
Auteur externe Jacob Funk KIRKEGAARD
Domaine politique Affaires économiques et monétaires | Semestre européen
Mot-clé Chine | commission PE | conséquence économique | maladie à coronavirus | pacte de stabilité | reprise économique |
récession économique | semestre européen | épidémie
Résumé This briefing paper argues that the political imperative to ensure that the economic stimulus from the EU’s new
commonly funded facilities is provided expeditiously will prevail against desires to create a robust governance
framework for these funds within the European Semester process. The pandemic-related suspension of the Stability
and Growth Pact creates a need to reform the Pact ahead of its future reintroduction. This presents an opportunity to
incorporate more of the Semester’s reform implementation agenda directly into the Pact’s policy prescriptions.
Analyse approfondie EN
Thematic Digest on EU Economic Governance Review
Type de publication Briefing
Date 08-10-2020
Auteur BOLDI DONELLA
Domaine politique Affaires économiques et monétaires
Mot-clé gouvernance économique (UE) | pacte de stabilité | politique fiscale | surveillance financière | économie verte
Résumé This document presents the summaries of some papers in the area of EU economic governance, recently published by
the European Parliament upon a request of the Economic and Monetary Committee (ECON).
The thematic papers presented in this digest provides hopefully information and suggestions which will be useful for
the on-going debate among policy makers, namely on the review of the EU legal framework for economic governance.
They are written by external experts and supervised by the Economic Governance Support Unit.
Briefing EN
The role of fiscal rules in relation with the green economy
Type de publicationAnalyse approfondie
Date 03-09-2020
Auteur externe Carlo Cottarelli
Domaine politique Affaires économiques et monétaires
Mot-clé adaptation au changement climatique | balance déficitaire | dette publique | développement durable | investissement
public | pacte de stabilité | programme de stabilité | réduction des émissions de gaz | stratégie européenne pour la
croissance | économie verte
Résumé This paper discusses the analytical basis for facilitating green public investment under the Stability and Growth Pact
fiscal rules. It concludes that additional public debt created by deficit-financed green public investment is likely to
increase fiscal sustainability risks. However, such additional risks could be justified to avoid the economic damages
(which would also have long run consequences for public finances) arising in the absence of sufficient green public
investment. Tre trade off could be improved if green public investment were financed through EU debt.
Analyse approfondie EN
How to make the European Semester more effective and legitimate?
Type de publicationAnalyse approfondie
Date 24-07-2020
Auteur externe Päivi LEINO-SANDBERG, Fernando LOSADA FRAGA
Domaine politique Affaires économiques et monétaires | Semestre européen
Mot-clé convergence économique | coopération économique | gouvernance économique (UE) | macroéconomie | pacte de
stabilité | politique budgétaire | sanction (UE) | semestre européen | stratégie européenne pour la croissance
Résumé The Commission has launched an assessment and revision of the so-called six-pack and two-pack legislative
packages. This paper assesses the successes and shortcomings of the European Semester with a focus on
legitimacy, effectiveness and ownership. It argues that in order to address these problems, the framework should be
redesigned from a new starting point, which builds on existing divisions of competence and clear decision making
structures. This would help to restore the honesty and credibility of the Semester, which should be geared at
supporting accountability at the national level.
Analyse approfondie EN
14-07-2022 Source : © Union européenne, 2022 - PE 5The role of cohesion policy in tackling the socio-economic fallout from coronavirus
Type de publicationEn bref
Date 06-07-2020
Auteur MARGARAS Vasileios
Domaine politique Coronavirus | Développement régional
Mot-clé cadre financier pluriannuel | Chine | cohésion économique et sociale | conséquence économique | débat parlementaire
| Fonds structurels et d'investissement européens | impact social | maladie à coronavirus | pacte de stabilité |
Parlement européen | épidémie
Résumé The Committee on Regional Development has tabled a question to the European Commission on the role of cohesion
policy in tackling the socio-economic fallout from Covid-19. The Commission is due to respond during a debate at
Parliament's July plenary session.
En bref EN
The ‘general escape clause’ within the Stability and Growth Pact: Fiscal flexibility for severe economic
shocks
Type de publicationBriefing
Date 27-03-2020
Auteur DELIVORIAS Angelos
Domaine politique Affaires économiques et monétaires | Coronavirus
Mot-clé intervention financière | maladie à coronavirus | pacte de stabilité | récession économique | stabilité financière |
épidémie
Résumé An important element of the response to the COVID-19 pandemic will come from European Union (EU) Member States
in the form of fiscal intervention. At the same time, Member States are constrained by the fiscal rules in place at both
EU and national level. The Stability and Growth Pact contains two clauses allowing Member States to undertake
appropriate budgetary measures, within the Pact, in the face of exceptional circumstances. The first is known as the
'unusual events clause', while the second is termed the 'general escape clause'. In essence, the clauses allow
deviation from parts of the Stability and Growth Pact's preventive or corrective arms, either because an unusual event
outside the control of one or more Member States has a major impact on the financial position of the general
government, or because the euro area or the Union as a whole faces a severe economic downturn. As the current
crisis is outside governments' control, with a major impact on public finances, the European Commission noted that it
could apply the unusual events clause. However, it also noted that the magnitude of the fiscal effort necessary to
protect European citizens and businesses from the effects of the pandemic, and to support the economy in the
aftermath, requires the use of more far-reaching flexibility under the Pact. For this reason, the Commission has
proposed to activate the general escape clause. With the Council having endorsed the Commission communication, a
deviation from the medium-term budgetary objective or from the appropriate adjustment path towards it may be
allowed for Member States, during both the assessment and the implementation of Stability or Convergence
Programmes. In the corrective arm of the Pact, the clause will allow an extension of the deadline for the Member
States to correct their excessive deficits under the excessive deficit procedure, provided those Member States take
effective action as recommended by the Council.
Briefing EN
Outcome of the video-conference call of EU Heads of State or Government on10 March 2020
Type de publicationEn bref
Date 13-03-2020
Auteur BACIAN Izabela Cristina
Domaine politique Affaires économiques et monétaires | Environnement | Santé publique
Mot-clé aide de l'État | aviation civile | Chine | conséquence économique | maladie à coronavirus | matériel médical | pacte de
stabilité | petites et moyennes entreprises | recherche médicale | téléconférence | vaccin | épidémie
Résumé Given the unprecedented circumstances surrounding the COVID-19 outbreak and the potential EU-wide ramifications,
Heads of State or Government of the 27 EU Member States welcomed the initiative to hold a special meeting by video-
conference on 10 March 2020. European Council President Charles Michel expressed his sympathy for all those
citizens affected by the disease and, in particular, for Italy, the country most affected so far. The Member States
discussed the COVID-19 outbreak and agreed on four lines of action to contain the spread of the disease. The
President of the European Commission, Ursula von der Leyen, the President of the European Central Bank, Christine
Lagarde, the President of the Eurogroup, Mario Centeno, and the High Representative of the Union for Foreign Affairs
and Security Policy/Vice-President of the European Commission, Josep Borrell, also took part in the discussion.
En bref EN
14-07-2022 Source : © Union européenne, 2022 - PE 6The role of national fiscal bodies - State of play (January 2020)
Type de publicationÉtude
Date 16-01-2020
Auteur ANGERER Jost | SABOL MAJA
Domaine politique Affaires économiques et monétaires | Questions financières et bancaires | Semestre européen
Mot-clé budget de l'État | contrôle budgétaire | contrôle financier | convergence économique | instance de contrôle | pacte de
stabilité | politique fiscale | programme de stabilité | vérification des comptes
Résumé This briefing provides an overview of the advisory role played by independent national fiscal bodies in the preparations
of the budgets of the EU Member States. The briefing is updated regularly.
The objective of the analysis is twofold:
1) to give an overview of the set-up and functioning of these independent fiscal bodies based on the most recent
assessments by the European Commission.
2) to give an overview of the extent to which the latest Stability or Convergence Programmes and the Draft Budgetary
Plans contain information about the involvement of independent national fiscal bodies in the preparation of these
programmes/plans.
Étude EN
Introduction to the European Semester: Coordinating and monitoring economic and fiscal policies in the
EU
Type de publication Analyse approfondie
Date 11-12-2019
Auteur DELIVORIAS Angelos | SCHEINERT CHRISTIAN
Domaine politique Affaires économiques et monétaires
Mot-clé convergence économique | pacte de stabilité | politique sociale | politique structurelle | semestre européen | stratégie
européenne pour la croissance
Résumé The European Semester is a framework for the coordination of economic policies across the European Union that was
established after the European sovereign debt crisis. This paper aims to provide a simple but comprehensive
introduction, explaining the main steps of the Semester from November to July each year. It also provides a short
review of the academic and institutional debates around the Semester, before closing with the priorities in the relevant
areas identified by the new European Commission President, Ursula von der Leyen.
Analyse approfondie EN
Linking cohesion policy and the European Semester: Partnership and multi-level governance to boost
investment and structural reforms
Type de publicationÉtude
Date 06-12-2019
Auteur SCHEINERT CHRISTIAN | VAN LIEROP Christiaan
Domaine politique Affaires économiques et monétaires
Mot-clé cohésion économique et sociale | pacte de stabilité | politique monétaire | politique régionale de l'UE | politique
structurelle | semestre européen | stratégie européenne pour la croissance
Résumé Multi-level governance requires the involvement of all levels of government, central, regional and local, in decision-
making. Obstacles to appropriate and adequate involvement may lead to infringements of the principles of subsidiarity.
However, under the cycle of EU economic and fiscal policy coordination known as the European Semester, local and
regional administrations are considered to be 'stakeholders' – that is, they are not categorised as part of general
government. Recent extension of the European Semester to aspects of cohesion policy may consequently strengthen
a top-down policy approach. A Code of Conduct, such as that proposed by the European Committee of the Regions,
may help correct this imbalance.
Étude EN
Commitments made at the hearing of Valdis DOMBROVSKIS, Executive Vice-President-designate - An
Economy that Works for People
Type de publication Briefing
Date 22-11-2019
Auteur DESLANDES JEROME JEAN PHILIPPE | KENNEDY AOIFE | PARENTI RADOSTINA
Domaine politique Affaires économiques et monétaires | Emploi | Fiscalité | Politique sociale | Questions financières et bancaires
Mot-clé audition publique | commissaire européen | développement durable | gouvernance économique (UE) | interpellation
parlementaire | pacte de stabilité | services financiers | stabilité financière | union des marchés des capitaux | économie
numérique | économie verte | égalité de traitement
Résumé The commissioner-designate, Valdis Dombrovskis, appeared before the European Parliament on 08 October 2019 to
answer questions from MEPs in the Committee on Economic and Monetary Affairs and the Committee on Employment
and Social Affairs. During the hearing, he made a number of commitments which are highlighted in this document.
Briefing EN
14-07-2022 Source : © Union européenne, 2022 - PE 7Commitments made at the hearing of Paolo GENTILONI, Commissioner-designate - Economy
Type de publicationBriefing
Date 22-11-2019
Auteur VERBEKEN Dirk | ZOPPÉ Alice
Domaine politique Affaires économiques et monétaires | Budget | Fiscalité | Marché intérieur et union douanière | Semestre européen
Mot-clé assurance chômage | audition publique | commerce électronique | commissaire européen | impôt sur les sociétés |
nomination des membres | pacte de stabilité | Parlement européen | question orale | redevance environnementale |
taxation de l’économie numérique | union douanière
Résumé The commissioner-designate, Paolo Gentiloni, appeared before the European Parliament on 03 October 2019 to
answer questions from MEPs in the Committees on Economic and Monetary Affairs and on Budgets. During the
hearing, he made a number of commitments which are highlighted in this document. These commitments refer to his
portfolio, as described in the mission letter sent to him by Ursula von der Leyen, President-elect of the European
Commission and include economic and financial affairs, fair and effective taxation and a strong and modern Customs
Union.
Briefing EN
Structural Budget Balances in EU Member States - November 2019
Type de publication Briefing
Date 14-11-2019
Auteur ANGERER Jost | HAGELSTAM Kajus
Domaine politique Affaires économiques et monétaires | Questions financières et bancaires | Semestre européen
Mot-clé pacte de stabilité | politique fiscale | union économique et monétaire | État membre UE
Résumé Structural budget balances play an important role in the fiscal policy frameworks of the EU both as part of the
application of the Stability and Growth Pact (SGP) and in the implementation of the balanced budget rule by the
contracting parties of the intergovernmental Treaty on Stability, Coordination and Governance in the EMU (the fiscal
section of the Treaty is called “Fiscal Compact”).
This document provides a short overview of the concept and application of the structural balance rule(s) in the EU. It
will be regularly updated, in particular, the Annex that shows progress made (based on the latest Commission forecast)
by Member States in reaching their structural budget commitments under the preventive arm of the SGP.
Briefing EN
Member States with Excessive Macroeconomic Imbalances
Type de publicationBriefing
Date 07-11-2019
Auteur ZOPPÉ Alice
Domaine politique Affaires économiques et monétaires | Questions financières et bancaires | Semestre européen
Mot-clé allégement de la dette | assistance macrofinancière | dette publique | déficit budgétaire | pacte de stabilité | semestre
européen | État membre UE
Résumé This note provides an overview of the surveillance of the three Member States that have been assessed as
experiencing excessive macroeconomic imbalances in the context of the 2019 European Semester cycle and
according to the Macroeconomic Imbalance Procedure (MIP). Separate notes describe the state of play of the MIP
implementation and the MIP procedure.
Briefing EN
The European Semester for economic policy coordination: A reflection paper
Type de publication
Étude
Date25-10-2019
AuteurANGERER Jost | HAGELSTAM Kajus | PACHECO DIAS CRISTINA SOFIA | ZOPPÉ Alice
Domaine politiqueAffaires économiques et monétaires | Questions financières et bancaires | Semestre européen
Mot-cléEurogroupe (zone euro) | gouvernance économique (UE) | pacte de stabilité | rapport de recherche | semestre
européen | équilibre budgétaire | État membre UE | États-Unis
Résumé This paper provides an overview of the current EU economic governance framework, in particular of the so-called EU
‘rules- based’ surveillance framework of national budgetary, economic and social policies. It raises some broad
questions on the lessons learned and proposes some reflections for the future.
This document was prepared by the Economic Governance Support Unit of the European Parliament and the opinions
expressed are the sole responsibility of the authors and do not necessarily represent the official position of the
European Parliament.
Étude EN
14-07-2022 Source : © Union européenne, 2022 - PE 8An overview of the Stability and Growth Pact - September 2019
Type de publicationBriefing
Date 10-09-2019
Auteur ANGERER Jost
Domaine politique Affaires économiques et monétaires | Questions financières et bancaires | Semestre européen
Mot-clé dette publique | déficit budgétaire | pacte de stabilité | politique budgétaire | politique fiscale | politique structurelle |
sanction (UE) | surveillance multilatérale
Résumé The Stability and Growth Pact (SGP) is the legal framework (based on primary and secondary EU law) that seeks to
ensure sustainable public finances in the interest of the stability of the Economic and Monetary Union (EMU). It
consists of two main building blocks: the preventive arm and the corrective arm. Stylised overviews, including on
flexibility provisions (endorsed by the Council) within the existing rules of the SGP, are provided in the annexes.
The main sources used in this briefing are primary Union law (Articles 121 and 126 of the Treaty on the Functioning of
the European Union), secondary Union law (the amended Regulations (EC) 1466/97 and 1467/97 as well as the
Regulation (EU) No 1173/2011), the Code of Conduction on the implementation of the SGP and the Commission
Communication entitled ‘Making the best use of flexibility within the existing rules of the SGP’.
Briefing EN
Les politiques de l’Union – Au service des citoyens: Politique économique
Type de publicationBriefing
Date 28-06-2019
Auteur DELIVORIAS Angelos | DOBREVA Alina
Domaine politique Affaires économiques et monétaires
Mot-clé macroéconomie | Mécanisme européen de stabilité | pacte de stabilité | politique économique | programme de stabilité
| récession économique | semestre européen | zone euro
Résumé Bien qu’elle relève de la responsabilité de chaque État membre, la politique économique fait généralement l’objet
d’une coordination multilatérale entre les différents pays de l’Union européenne. La crise financière mondiale et la
crise de la dette souveraine européenne ont mis ce cadre à rude épreuve. C’est l’une des raisons pour lesquelles la
reprise dans l’Union a été plus lente qu’aux États-Unis et ne s’est pas opérée de manière homogène dans tous les
États membres. En outre, la reprise s’est principalement fondée sur des politiques budgétaires et monétaires
accommodantes, qui n’occultent que partiellement les signes sous-jacents de la fragilité budgétaire ou financière de
certains pays. Pour remédier à la situation, les institutions européennes ont lancé un double processus en 2011. Des
initiatives ont été prises pour renforcer le cadre actuel de la gouvernance économique et faciliter la surveillance des
banques de la zone euro. Parallèlement, des discussions ont débuté sur de possibles pistes pour réduire les
divergences économiques entre les États membres, favoriser la réduction des risques et le partage des risques,
accroître la transparence du processus de gouvernance et garantir la responsabilité démocratique. Dans le domaine
de la responsabilité démocratique, plusieurs initiatives – qui ne nécessitaient aucune modification des traités de
l’Union – ont été lancées entre 2015 et 2017. À l’été 2017, les échanges de vues sur l’approfondissement du cadre
politique de l’Union économique et monétaire se sont intensifiés. Cette procédure, préconisée dans le rapport des cinq
présidents (rédigé par les présidents des principales institutions européennes) et qui devrait s’achever à l’horizon
2025, est désormais examinée à l’échelle des États membres. L’état d’avancement actuel de ces travaux témoigne de
deux principales préférences stratégiques, qui scindent les États membres en deux groupes: d’une part, ceux qui
donnent la priorité aux mesures de partage des risques (comme la France) et, d’autre part, ceux qui prônent
davantage d’initiatives de réduction des risques (tels que l’Allemagne). En raison de cette absence de consensus, le
Conseil européen a été jusqu’à présent dans l’incapacité de trouver une solution. Le présent document est une mise à
jour d’une note plus ancienne, publiée avant les élections européennes de 2019.
Briefing DE, EN, FR
Multimédia EU policies – Delivering for citizens: Economic policy
Euro Area Scrutiny: External expertise on economic governance issues during the 8th Parliamentary term
Type de publicationAnalyse approfondie
Date 24-06-2019
Auteur ANGERER Jost | ZOPPÉ Alice
Domaine politique Affaires économiques et monétaires | Questions financières et bancaires | Semestre européen
Mot-clé convergence économique | dette publique | Fonds monétaire européen | gouvernance économique (UE) | pacte de
stabilité | politique économique | réforme économique | semestre européen | système bancaire | zone euro | État
membre UE | États-Unis
Résumé This document provides the summaries of all external experts papers published during the 8th parliamentary term
(2014-2019) by the Economic Governance Support Unit, aimed at supporting the scrutiny work on the functioning of
the Euro Area, especially in view of the bi-annual Economic Dialogues with the President of the Eurogroup.
Analyse approfondie EN
14-07-2022 Source : © Union européenne, 2022 - PE 9Thematic overview: Member States whose 2019 DBPs are "at risk of non-compliance" with the Stability
and Growth Pact
Type de publicationAnalyse approfondie
Date 07-12-2018
Auteur ANGERER Jost
Domaine politique Affaires économiques et monétaires | Questions financières et bancaires | Semestre européen
Mot-clé assistance macrofinancière | concours à la balance des paiements | convergence économique | disparité économique |
déficit budgétaire | macroéconomie | pacte de stabilité | pays participant | réforme économique | statistique
économique | équilibre budgétaire | État membre UE
Résumé This briefing gives an overview of recent European Commission (COM) opinions on the budgetary situation of five
Member States (Belgium, Spain, France, Portugal and Slovenia) whose 2019 Draft Budgetary Plans (DBPs) are
assessed to be “at risk of non-compliance” with their obligations under the Stability and Growth Pact (SGP) and of one
country (Italy) whose 2019 DBP is considered to be in particularly serious non-compliance with its obligations under
the SGP. This briefing will be updated as further assessments by the COM become available during spring 2019.
Analyse approfondie EN
Thematic Digest: Economic Governance
Type de publication Briefing
Date 20-09-2018
Auteur CIUCCI MATTEO
Domaine politique Affaires économiques et monétaires | Questions financières et bancaires
Mot-clé analyse économique | financement du budget | macroéconomie | pacte de stabilité | politique fiscale | État membre UE
Résumé The Economic Governance Support Unit (EGOV) provides expertise to support the European Parliament and its
relevant committees and bodies, notably in their scrutiny-related activities on the economic governance and banking
union frameworks.
Briefing EN
Research for REGI Committee - Conditionalities in Cohesion Policy
Type de publication
Étude
Date11-09-2018
Auteur externeViorica VIȚĂ
Domaine politiqueDéveloppement régional | Évaluation du droit et des mesures politiques dans la pratique
Mot-clécontrôle de l'UE | gouvernance | pacte de stabilité | répartition du financement de l'UE | semestre européen |
suspension de l'aide | transparence du processus décisionnel | État de droit | État membre UE
Résumé This study discusses the evolution and experience of conditionalities in Cohesion policy and draws relevant policy
recommendations on its future development in the light of the 2021-27 legislative proposals of the European
Commission, including the proposal on a rule of law conditionality.
Étude EN
How could the Stability and Growth Pact be simplified?
Type de publicationEn bref
Date 25-04-2018
Auteur ANGERER Jost | HRADISKY Martin | ZOPPÉ Alice
Domaine politique Affaires économiques et monétaires | Questions financières et bancaires | Semestre européen
Mot-clé gouvernance | gouvernance économique (UE) | macroéconomie | pacte de stabilité | réforme institutionnelle |
transparence du processus décisionnel | zone euro
Résumé This note provides a summary of three external papers requested by the ECON Committee in the context of the
Parliament scrutiny activities of the Euro area.
The main objective of these papers is to advance proposals on how the fiscal rules of the Stability and Growth Pact
could be simplified, in order to enhance its credibility, transparency and enforceability, while allowing some room for
flexibility.
Several EU insitutions have recognised the complexity of the SGP and the consequent need for simplification: some
relevant positions are reported in this note as well.
En bref EN
14-07-2022 Source : © Union européenne, 2022 - PE 10How could the Stability and Growth Pact be simplified?
Type de publicationAnalyse approfondie
Date 23-04-2018
Auteur externe Carlo Cotterelli
Domaine politique Affaires économiques et monétaires | Questions financières et bancaires | Semestre européen
Mot-clé allégement de la dette | gouvernance | gouvernance économique (UE) | institution de l'Union européenne |
macroéconomie | pacte de stabilité | réforme institutionnelle | transparence du processus décisionnel | zone euro | État
membre UE
Résumé The complexity of the SGP, which may have contributed to its limited effectiveness, reflects largely the conflict
between the need to make the original SGP rules more stringent and the desire to allow flexibility with respect to
various country circumstances. Now that the effects of the largest economic shock since the 1930s are fading away, a
major simplification of the system could be achieved by removing some margins of flexibility, while possibly relaxing
some of the SGP long-term parameters. The coexistence of the MTO rule and the expenditure benchmark could also
be reconsidered. A more radical solution would involve shifting to a single rule in which an “operational target” would
respond to deviations of public debt from its long-term objective.
Analyse approfondie EN
Thematic overview: Member States whose 2018 Draft Budgetary Plans are "at risk of non-compliance"
with the Stability and Growth Pact
Type de publication Analyse approfondie
Date 24-01-2018
Auteur ANGERER Jost | JAPUNČIĆ TEA
Domaine politique Affaires économiques et monétaires | Questions financières et bancaires | Semestre européen
Mot-clé budget de l'État | contrôle de l'UE | pacte de stabilité | projet de budget | prévision économique | zone euro | équilibre
budgétaire | État membre UE
Résumé This briefing gives an overview of recent European Commission (COM) assessments of the budgetary situation of six
Member States (Belgium, France, Italy, Austria, Portugal and Slovenia) whose 2018 Draft Budgetary Plans (DBPs) are
considered to be “at risk of non-compliance” with their obligations under the Stability and Growth Pact (SGP). This
briefing will be updated as further assessments by the COM become available during spring 2018.
Analyse approfondie EN
Economic Dialogue with the Commission on 2018 Draft Budgetary Plans
Type de publicationAnalyse approfondie
Date 24-11-2017
Auteur ANGERER Jost | CIUCCI MATTEO | JAPUNČIĆ TEA
Domaine politique Affaires économiques et monétaires | Questions financières et bancaires | Semestre européen
Mot-clé budget de l'État | contrôle de l'UE | dette publique | déficit budgétaire | pacte de stabilité | projet de budget | prévision
économique | zone euro | équilibre budgétaire
Résumé ECON on 27 November 2017
Vice-president Dombrovskis and Commissioner Moscovici have been invited to an Economic Dialogue on the
European Commission Opinions on the 2018 Draft Budgetary Plans of the Euro Area Member States based on Articles
7 and 15 of EU Regulation 473/2013.
Analyse approfondie EN
Key features of 2018 Draft Budgetary Plans
Type de publication Briefing
Date 20-11-2017
Auteur ANGERER Jost | JAPUNČIĆ TEA
Domaine politique Affaires économiques et monétaires | Questions financières et bancaires | Semestre européen
Mot-clé déficit budgétaire | pacte de stabilité | prévision à court terme | statistique de l'UE | zone euro | État membre UE
Résumé This document compares key features of the 2018 Draft Budgetary Plans (DBP) with the autumn 2017 forecasts by the
European Commission (EC) and key features included in the 2017 Stability Programmes (SP) with the spring 2017
forecasts by the EC. While blue cells indicate that the Member State is more optimistic than the EC forecast, grey cells
indicate that the Member State is less optimistic than the EC forecast. An overview comparing these figures with the
required fiscal efforts and the medium-term budgetary objectives in structural terms (MTO) as included in the latest
Council decisions/recommendations is provided in a separate EGOV table.
Briefing EN
14-07-2022 Source : © Union européenne, 2022 - PE 11How to further strengthen the European Semester?
Type de publicationAnalyse approfondie
Date 20-11-2017
Auteur externe X. Ragot
Domaine politique Affaires économiques et monétaires | Questions financières et bancaires | Semestre européen
Mot-clé administration publique | analyse économique | finances publiques | gouvernance économique (UE) | macroéconomie |
marché du travail | pacte de stabilité | politique de l'éducation | politique sociale | politique structurelle | semestre
européen | statistique de l'UE | traité sur le fonctionnement de l'UE | union économique et monétaire | État membre UE
Résumé The economic governance of the European Monetary Union is yearly organized during the so-called European
Semester. The improvement of the European Semester is an on-going process, and some recent propositions must be
positively acknowledged. Still, the European Semester and Country Specific recommendations don’t focus enough on
issues with clear spill-overs on other countries. This Briefing Paper argues for a systematic discussion of a nominal
stance at the European level, based on wage and price analysis. It would monitor price and wage developments to
avoid nominal and current account divergences or deflationary convergence. Seven suggestions are provided to
improve the European Semester and European Economic Governance.
Analyse approfondie EN
How to further strengthen the European Semester?
Type de publicationAnalyse approfondie
Date 20-11-2017
Auteur externe C.Alcidi, D.Gros
Domaine politique Affaires économiques et monétaires | Questions financières et bancaires | Semestre européen
Mot-clé administration publique | analyse économique | gouvernance économique (UE) | macroéconomie | marché du travail |
pacte de stabilité | politique de l'éducation | politique sociale | politique structurelle | semestre européen | statistique de
l'UE | traité sur le fonctionnement de l'UE | union économique et monétaire | zone euro | État membre UE
Résumé The emphasis of the European Semester should shift from economic policy coordination – intended as the process
through which Member States commit to common rules and recommendations adopted by the Council of the European
Union under the surveillance of the European Commission – to a stronger national ownership. Coordination of national
policies may be essential at times of crisis, when cross-country spillover effects tend to be large, but it may not be very
effective when economic conditions return to normal, as spillovers tend to be small and the incentives for governments
to coordinate lessen. Stronger national ownership should lead to better enforcement of commonly agreed rules,
regardless of economic conditions and should take away the perception that rules are hierarchically imposed. National
ownership could be improved by involving the national fiscal councils and the national productivity boards explicitly in
the elaboration of EU? recommendations for national governments. This should be done without increasing the
complexity of an already complicated EU governance system of governance or damaging their reputation as
independent bodies.
Reforms aiming to improve the structural functioning of the EU’s economies are of critical importance for Member
States, yet the reasons why specific reforms should be embedded in the Semester are not always clear. Moreover,
strengthening the Semester by further linking the EU budget to reforms undertaken in the Member States is fine in
theory but very difficult in practice. Reforms cannot be ‘bought’ as such and it would be extremely difficult to measure
the implementation of the CSRs precisely enough to make implementation a condition for funds.
The role of the Commission should remain predominant in fostering coordination in case of economic crisis and in
providing technical support for reforms whenever needed.
Analyse approfondie EN
Looking at US experience in view of deepening EMU
Type de publication Briefing
Date 24-10-2017
Auteur DELIVORIAS Angelos
Domaine politique Affaires économiques et monétaires
Mot-clé analyse économique | approfondissement de l'Union européenne | convergence économique | macroéconomie |
marché des capitaux | pacte de stabilité | politique fiscale | risque financier | union bancaire de l’UE | union
économique et monétaire | États-Unis
Résumé Although the fiscal frameworks of the United States of America and the European Union were set up during different
historic periods, had different economic drivers and are at different stages of development, the euro area can learn
from the US experience. For instance, recent research suggests that one useful element might be to earmark revenue,
i.e. to pre-identify sources of revenue to be directed to fund those policies that are better dealt with at EU level, so that
there is a direct link between revenue collected and issues solved. 'Trust fund' structures of this type can be financed
by means of explicit user fees (e.g. for visas), fees on related use items (e.g. air or sea fare tickets) or broad-based
taxes (e.g. income, payroll or consumption tax).
Other research in this area focuses on the factors behind the contrasting experiences of the United States and the
euro area during the financial crisis as regards consumption smoothing or resilience to shocks. Research shows that
the role of automatic stabilisation in US fiscal policy, including that of unemployment insurance, has been overstated
and that other factors should be taken into account to explain the United States' resilience during the crisis. When it
comes to resilience to shocks, the contrasting experience of the euro area cannot meanwhile be attributed wholly to
the fact that market-based risk-sharing is higher in the United States, but weight must also be given to measures, such
as the interventions of the Federal Deposit Insurance Corporation to protect deposits, or ad hoc policy interventions by
the Federal Reserve and Congress, such as the action plan to avoid the default of Fannie Mae and Freddie Mac.
Briefing EN
14-07-2022 Source : © Union européenne, 2022 - PE 12Vous pouvez aussi lire
