TAXATION OF FINANCIAL SECTOR AFTER THE CRISIS IN THE EUROPEAN UNION

Directory of Open Access Journals (Sweden)

Mara Eugenia-Ramona

2012-12-01

Full Text Available Taxation of financial sector is an important issue of the actual fiscal policy, especially after the economic crisis impact. By taxing the financial sector, it is intended taxation of financial transactions, and financial activities. European Union supports the taxation of the financial system and makes proposals in this regard. This paper tries to reveal the major aspects concerning the taxation of financial sector, both theoretical and empirical aspects. It will analyze the reasons which justify the application of such taxes, but also difficulties involved in practice. Another major objective of this paper is to examine the role of taxation in the financial sector as important regulatory instrument. This subject is debated in European Commission papers and by many economists. There are underlined the necessity of such tax, the impact and the economic efficiency. Our purpose is to identify if this kind of tax is good for our economy and what can be the impact from budgetary point of view. For finding this answers the paper realize a complex analysis of the types of taxes applied on financial sector in countries which already adopted this kind of taxes, like United Kingdom, Austria, Hungary, Cyprus. We believe that the financial sector should be charged, because was responsible in great measure the economic crisis impact. A potential tax applied to financial sector is considered as an important source of budget revenues. This article tries to explore the possible tax measures for financial sector according to the major principle of public finance –equity and efficiency. Special attention will be given to the need to implement financial sector taxation in Romania. In the years before the crisis banks and entire financial sector in Romania recorded significant profits. For this reason such tax is justified given that this sector is exempt from VAT. Applying such a tax would reduce the budget deficit and on the long term will

TOWARDS THE EUROPEAN BANKING UNION-Literature review

Directory of Open Access Journals (Sweden)

Dragos G. TURLIUC

2013-06-01

Full Text Available The financial crisis has made the need for a more integrated regulatory and supervisory framework for the financial services sector evident. An important step towards this aim is the establishment of the Single Supervisory Mechanism. European leaders have committed to moving toward a banking union, in which bank regulation and supervision, deposit guarantees, and the handling of troubled banks will be integrated across at least the euro area and possibly across the wider European Union. This paper provides an overview of research on this topic. We also identify important future research questions that emerge from both the literature and the current debate.

SOCIAL COSTS OF THE EUROPEAN UNION IN THE CONTEXT OF THE ECONOMIC-FINANCIAL CRISIS

Directory of Open Access Journals (Sweden)

Andreea Gradinaru

2013-12-01

Full Text Available The start of the financial crisis in mid-2007 at a global scale had a major impact on the European Union’s economy. All member states have been economically affected, but the social effects were mainly of large amplitude. This paper focuses precisely on analysing the social costs which the economic-financial crisis has generated in the European Union. After finishing the study we have noticed that numerous social consequences of the recession have manifested intensely since the beginning of the crisis and continue to do so even today. These consist in the increase of poverty and social exclusion, rise in unemployment, decrease in birth rate, changes regarding the migration process, reduction in income, excessive indebtedness, the disparities between countries contributing to the augmentation of all these.

Expert advice and political choice in constructing European banking union

NARCIS (Netherlands)

Donnelly, Shawn

2016-01-01

International actors promoted the transfer of regulatory authority and financial resources from national governments to the European Union (EU) in the context of establishing the prerequisites for financial stability in Europe through banking union. It was supplied, however, by a political process

THE NEW ARCHITECTURE OF ECONOMIC GOVERNANCE IN THE EUROPEAN UNION

Directory of Open Access Journals (Sweden)

Coroiu Sorina Ioana

2015-07-01

Full Text Available The economic crisis that began in 2007-2008 has highlighted the need for a stronger economic coordination at EU level, to ensure financial stability. The new architecture of economic governance in the European Union is based on Fiscal Pact, on Macroeconomic Imbalances Identification Mechanism, on European Stability Mechanism and on Banking Union. Since the banking system is the most significant component of the financial system, we will give more importance to the analysis of Banking Union, which is based on three pillars: The Single Supervisory Mechanism, The Single Resolution Mechanism and The Deposit Guarantee Schemes.

The Asymmetric Implementation of the European Banking Union (EBU: Consequences for Financial Stability

Directory of Open Access Journals (Sweden)

Vollmer Uwe

2016-06-01

Full Text Available EU Member States outside the Eurozone are hesitating to enter the European Banking Union (EBU and to establish “close cooperation” in bank supervision with the ECB. This paper analyzes the consequences of such asymmetric integration for financial stability in Europe. It argues that the main obstacles against establishing close cooperation are a lack of voting rights and insufficient access to the fiscal backstop provided by the European Stability Mechanism (ESM. The paper presents arguments as to why international cooperation in bank supervision could be welfare improving, if multinational banks are dominant. It also discusses suitable reform options for making it more attractive for EU Member States to begin a close cooperation with the ECB.

European Union: fears and hopes

Directory of Open Access Journals (Sweden)

Gilles ROUET

2016-06-01

Full Text Available This contribution analyses some data from Eurobarometer 83, spring 2015, especially to draw a map of Fears. The European Union is a divided space and one of the main consequences of the budget (financial crisis of Greece, followed by the crisis caused by the arrival of thousands of immigrants is an enhanced communication difficulty between the Western and Eastern parts of the EU But all citizens have some new rights with the European Citizenship, which are additional. One of the main issues for the future could be to change the fundamental basis of the Union, thus trying to organize a new articulation between local and supranational, with another role for States, for example to change the organisation of European elections, and to pursue the connection of public spaces with mobility.

Main Developments and Perspectives of the European Union

Directory of Open Access Journals (Sweden)

Prof. Constantin ANGHELACHE PhD

2017-06-01

Full Text Available In this paper, the authors have analyzed the main economic-financial evolutions of the European Union member countries. First, we have performed the study regarding the evolution of the Gross Domestic Product growth in the European Union, by total and by comparison with other countries that play an important role in the global evolution of the economy. There are emphasized comparative data regarding the economic growth of China, which is the highest in the world. The growth rate of China is net superior to the rates recorded by USA, Japan and European Union (28 members. There can be observed a significant decrease of economic growth during the period 2008-2010, with a negative peak in 2009 (-2%-6% in the case of the United States, EU-28 and Japan. Even if China itself has felt the effects of the economic-financial crisis, the growth rate has reduced from 14% in 2007 to 9% in 2008, the decrease continued in the subsequent period, reaching some 8.5% in 2014. Then, we have analyzed the financial evolution, the exchange rate of the main currencies, the evolution of the inflation and the balance of foreign payments and international commercial exchanges. Particular attention was granted to direct foreign investments in and out the EU member states. The study is focused on the comparison of the foreign investments’ evolution during 2009-2014 for the main 10 partners of the European Union. Through this study, the results achieved by the EU during the specified periods were outlined, at each specific item within the internal, but also external relationships with other states in Europe or on wider global plan. The authors have put additional emphasis on the analysis of the period after 2007, since Romania has become member of the European Union.

The Role of European Union Funds in Economic Development

Directory of Open Access Journals (Sweden)

Cristian PĂUN

2015-09-01

Full Text Available The European Union project initially started as a peaceful solution for war reconstruction in Europe. European countries decided to cooperate rather than compete in an aggressive way. At the beginning, this project supposed (involved market liberalization, trade barriers removals, market access improvement (initially for coal, steel, energy and, later, for all goods, services, workforce and capital. Unfortunately, in the last decades, all these Single Market facilities have been backed by redistributive schemes, protectionist mechanisms, social engineering, subsidies and facilities packed in so-called ”EU policies”. New ”European” institutions have been created, more and more funds have been involved to financially support this very complex redistributive intervention. The political dimension of the European Union project enhanced the economic dimension and constantly suffocated private markets and the economy. The “incomes” of the European Union that fuel its financial support are coming from taxes and/or inflation (better administered after the introduction of a Single Currency – the Euro. This paper will discuss the relevance of European Funds for economic development, especially for new members in this project.

The Effectiveness of International Financial Reporting Standard on the European Union

Directory of Open Access Journals (Sweden)

Sarhad Hamza Khdir

2017-01-01

Full Text Available The objective of mandatory adoption of IFRS is to enhance the quality of accounting information in worldwide. However, this effort made challenged for European Union as a supranational body to achieve similar advantages of converged the IFRS standards. This study examines the effectiveness of IFRS on the European Union as a supranational body and whether the EU has successfully converged to the IFRS standards. The paper will also analyze if there are any difficulties with switching to the IFRS standards versus the traditional local accounting practices in EU. The results obtained show that the first application of IFRS has adopted among EU countries and the results indicate that the adoption of IFRS leads to improvement in value relevance. The results also imply that the IFRS adoption for EU does not ensure better quality of accounting information and standardized IFRS is not effective to implement for all EU because there is a lot of misperception in terms of these guidelines for preparing financial statement. The culture difference among EU shows that IFRS is not fits size standard for all EU that can lead EU to conform at the same time. The conclusion of this report will provide the answer whether it is or not effective for the EU to fully converge to the IFRS standards as a whole.

INNOVATIVE FINANCIAL INSTRUMENTS IN THE EXECUTION OF EUROPEAN UNION BUDGET

Directory of Open Access Journals (Sweden)

FLOREA IANC MARIA MIRABELA

2017-12-01

Full Text Available One of the main reasons invoked to support the use of public funds through financial instruments is that these funds can be used several times: they are therefore "renewable". For example, if a loan granted through such an instrument was repaid after three years, the repaid money could be used later to provide a new loan. Was examined therefore examined whether this renewal effect really materialized. The extent to which funds are renewed in practice depends on the type of financial support but also on the investment period of the instrument concerned. The objective of this article is to highlight that financial instruments have been and are always a way of supporting the attraction and bringing of specific advantages compared to other forms of financing from the European Union The imbalance between the development environment of Central and Eastern Europe countries, candidate countries and EU member states, is quite large and the regions it is even more pronounced. These differences represent serious obstacles in the smooth functioning of the entire Community. The existence of the word "poverty" in some areas of the EU border disrupts the harmony and balance within the community and prevents the creation of an area of equilibrium across the European continent. Essentially, to reduce these imbalances, EU financial support to candidate countries through pre-accession structural instruments, which have a particularly important role in this process. I believe that the Financial Instruments are an effective way of mobilizing cohesion policy resources to achieve the objectives of the Europe 2020 strategy. Targeting projects with potential economic viability, financial instruments provide support for investment through loans, guarantees, capital investment and other bearing mechanisms of risk, which may be combined with technical assistance, interest rate subsidies or contributions to the guarantee fees in the same operation. In addition to the

Nuclear power and European Union enlargement challenge

International Nuclear Information System (INIS)

Chirica, Teodor; Bilegan, Constantin

2001-01-01

From 1991 through 1996 the European Union signed the Association Agreements with ten East European countries (EE10), namely: Czech Republic, Estonia, Hungary, Poland, Slovenia, Latvia, Lithuania, Slovakia, Bulgaria and Romania. In the period 1994-1996 European Union received membership applications from all ten countries. The paper analyzes the approach of complying the requirements and regulations for European Union accession in the field of the Romanian nuclear power based on the CANDU technology. In this process, the real challenge is represented by the preparation and implementation of new regulations aiming to improve the general business environment by introducing International Accounting Standards simplification of bankruptcy laws, reform of taxation procedures and secureness of financial instruments. A new stand-by agreement with the International Monetary Fund and World Bank was set out in late April 1999 for an one-year loan of 475 million dollars. (authors)

European financial support and succesful road PPP Projects

Energy Technology Data Exchange (ETDEWEB)

Garrido Maza, G.

2016-07-01

The EU has been promoting the use of PPPs in order to accelerate the development of the Trans-European Transport Network (TEN-T) for ensuring economic, social and territorial cohesion and increasing accessibility throughout the Union. To encourage the use of PPPs, the European Commission has put several financing mechanisms at the disposal of the Member States, including a series of innovative financial instruments developed along with the European Investment Bank. The Bank has in turn played a major role in the promotion and financing of PPPs across the EU. The paper undertakes a review of the main financial instruments developed by the EU that are available to PPPs so as to determinate to what extent the European financial support has been channelled to road projects under that scheme in Spain. On the basis of the results obtained, a multiple regression model has been developed to analyse whether the PPP projects which enjoyed the financial support of the European Union tend to be significantly more successful from an economic point of view. The paper concludes that there is a positive correlation between receiving European financial support and the success of the PPP road projects. (Author)

Transfer Pricing in the European Union

Directory of Open Access Journals (Sweden)

Gheorghe MATEI

2011-04-01

Full Text Available The transfer pricing mechanism is a tool commonly used to transfer the tax base from countries with high taxation in countries with low taxation. In the European Union, this financial operations generate significant tax revenue losses. In an attempt to limit the handling of corporate tax systems, many public authorities have introduced regulations on transfer pricing, but the effectiveness of these rules has proved limited, and they contributed to the increasing complexity of tax laws and to the appearance of additional costs for companies. A solution to the solving of the transfer pricing problem in the European Union is represented by the introduction of the common consolidated corporate tax base.

The global financial and economic crisis and the main priorities of the European Union for 2020

Directory of Open Access Journals (Sweden)

Constantinescu, A.

2013-06-01

Full Text Available This study focuses on the global financial-economic crisis and the main priorities of the European Union for 2020. The duration of a financial economic crisis depends on the macroeconomic factors taken into account, because their representation can have multiple nuances, generated by subjective and political influences. The financial and economic crisis had a significant impact on public finances, business, jobs and families. At all levels, the decision makers in public policy will have to find ways of triggering economic dynamism, while the margin of manoeuvre in what concerns the budget is limited. As the recorded deficit in the public sector will be again under control, public expenditure will be such organized that the targets for 2020 are met.

Polish credit institutions within the European Union: a cross-country survey

Directory of Open Access Journals (Sweden)

Mariusz Dybał

2011-06-01

Full Text Available The paper presents an analysis of the Polish financial system, with regard to both the number of financial institutions and their assets over the last two decades. Data on the structure of household assets are also presented. According to the study, banks are the most important institutions in the Polish financial system. Analyzed in order to compare Polish credit institutions with all other members of the European Union were total assets of credit institutions, assets of the 25 largest banks in the European Union, as well as in Central and East Europe, share of the five largest credit institutions in total assets (CR5, asset share of credit institutions with majority foreign equity ownership, number of credit institutions, number of local units (branches, number of residents per credit institution local unit, number of employees of credit institutions, assets of credit institutions per employee and GDP per capita in PPS. The data demonstrate that over the past decade Polish credit institutions have largely strengthened their position within the European Union.

European Union; Publication of Financial Sector Assessment Program Documentation—Technical Note on Progress with Bank Restructuring and Resolution in Europe

OpenAIRE

International Monetary Fund

2013-01-01

This article is an analysis on the restructuring banking system of the European Union. The global financial crisis created the need to restructure by immensely reflecting weaknesses in the public, households, corporate, and other financial sectors. The restructuring includes the strengthening of bank resolution tools, the activation of nonperforming loans, the maintenance of macrofinancial framework, recovery of market access, and so on. The Executive Board recommends this transition of the E...

THE IMPACT OF THE FINANCIAL CRISIS ON TAXATION IN ROMANIA AND IN EUROPEAN UNION

Directory of Open Access Journals (Sweden)

TEODORESCU CRISTIAN DRAGOS

2014-05-01

Full Text Available The financial and economic crisis that began in 2007 and deeply felt in Romania from 2008 affected the real economy and had a profound impact on the whole society. This study seeks the impact of the crisis on the evolution of taxes in Romania and in the European Union. The main fiscal evolutions are analyzed from the point of view of the personal and corporate taxes, social contributions, taxes on property, related with the development of national and European macroeconomic indicators. Based on official data for 2008-2012, I processed and interpreted the data, reaching conclusions on taxation in our country and in Europe. Thus I concluded that Romania has a low rate on incomes, profit or dividend tax. At European level the progressive taxation is used by most states, to the detriment of the flat one. The taxes and fees quotas vary from state to state, but are subject to Community and national legal regulations. In terms of revenue structure, Romania follows the European trend in that indirect revenues is the primarily budgetary resource.

FACTORING PERSPECTIVE: CROATIA VS EUROPEAN UNION

Directory of Open Access Journals (Sweden)

Zoran Ivanovic

2012-12-01

Full Text Available This paper points out the problems of liquidity, disposal and obtaining funds, inability to collect receivables, delayed payments in times of economic and financial instability and dynamic business upheavals and uncertainty. As a contribution to resolve these issues new alternative methods of financing for business are imposing, one of them is factoring. Although most countries don’t have adequate legal framework, factoring has emerged as the dominant form of financing, whose current status and development points to the prospects of development in the future. In terms of measures and actions which are taken to combat these issues, as well as legislation, many efforts are made at international level in European Union and in Croatia. Overview and description of the factoring development, and indications for further development are presented in relation to the world, the European Union and the Republic of Croatia. This paper also describes factoring comparison among European countries.

The European Union, Financial Crises and the Regulation of Hedge Funds: A Policy Cul-de-Sac or Policy Window?

Directory of Open Access Journals (Sweden)

David John Lutton

2008-11-01

Full Text Available A series of financial crises involving hedge funds has created a general perception that action needs to be taken. A number of key member states and political actors favour tighter regulation. Traditional bureaucratic theory suggests that the European Commission would seek to maximise this ‘policy window’, and yet there remains no single unified European Union (EU regulatory framework specifically targeting hedge funds. The nature of the regulatory regime, which has generally demanded a ‘light touch’ approach, means there are strict limits the EU’s ability to act. From an EU perspective, hedge fund regulation appears to be a policy cul-de-sac. However, the relationship between hedge funds and financial crisis is complex and less straightforward than is often portrayed. Hedge fund regulation cannot, however, be considered in isolation but should be viewed in the context of a wider programme to integrate European financial services markets. Viewed from this perspective, EU regulation is in fact changing the landscape of the hedge fund industry through a process of negative integration.

IMPACT OF THE GLOBAL FINANCIAL CRISIS ON SOVEREIGN DEBT IN THE EUROPEAN UNION

Directory of Open Access Journals (Sweden)

Condea Bogdan Virgil

2014-07-01

Full Text Available At European Union level, the global financial crisis intensified the issue of sovereign debts and member states had to implement a series of fiscal measures in order to reduce the budgetary deficit and public debts, that have peaked in the last decades. These changes were also imposed in the Romanian fiscal system and the effects were felt in particular through increased tax rates or even the introduction of new taxes. 2008 was the year that marked a turning point in the fiscal policy of member states of the European Union from multiple perspectives. The impact of the economic crisis was felt mainly through the drastic decrease in tax revenues for all member states, which led to an accelerated growth of the budgetary deficit and implicitly of the indebtedness degree. In this context, EU member states were forced to adopt measures that would reduce the budgetary deficit (increases in some taxes and reduction of certain public expenditures. In 2010, the sovereign debt crisis in the euro area exposed the weaknesses of the EU economic governance. In response, the so-called "six pack" regulations were introduced in December 2011. Moreover, many countries have intensified their consolidation efforts in an attempt to regain the confidence of financial markets. The new architecture of fiscal policy in the European area has undergone many changes in recent years, market not only by the fiscal harmonization process, but mainly by the temptation of fiscal coordination that aims mainly to achieve fiscal stability and reduce medium and long-term public debt. The excessive growth of countries' indebtedness degree in recent years led to the need to study the sustainability of the indebtedness policy, considering that maintaining the budgetary deficit at a prudent level would also ensure the sustainability of fiscal policy. The study analyzes the effects in budgetary plan of economic recovery measures by highlighting the evolution of public debt in EU member

Trade Union Channels for Influencing European Union Policies

Directory of Open Access Journals (Sweden)

Bengt Larsson

2015-10-01

Full Text Available This paper analyzes what channels trade unions in Europe use when trying to influence European Union (EU policies. It compares and contrasts trade unions in different industrial relations regimes with regard to the degree to which they cooperate with different actors to influence EU policies, while also touching on the importance of sector differences and organizational resources. The study is based on survey data collected in 2010–2011 from unions affiliated with the European Trade Union Confederation and from below peak unions in 14 European countries. Results of the survey show that the ‘national route’ is generally the most important for trade unions in influencing EU policies in the sense that this channel is, on average, used to the highest degree. In addition, the survey delineates some important differences between trade unions in different industrial relations regimes with regard to the balance between the national route and different access points in the ‘Brussels route’.

The Post-9/11 European Union Counterterrorism Response: Legal-Institutional Framework

Science.gov (United States)

2012-12-01

library/ biblio /publications/2011/fin_report/fin_report_11_en.pdf. 427 Heading 3a: Freedom, security and justice did not exist in the Financial Framework...European Union, 2012. Accessed November 8,2012. http://ec.europa.eu/budget/library/ biblio /publications/2011/fin_report/fin_report_1 1_en.pdf. European

Policy-making in the European Union

CERN Document Server

Pollack, Mark A; Young, Alasadair R

2015-01-01

Constantly evolving, and with far-reaching implications, European Union policy-making is of central importance to the politics of the European Union. From defining the processes, institutions and modes through which policy-making operates, the text moves on to situate individual policies within these modes, detail their content, and analyse how they are implemented, navigating policy in all its complexities. The first part of the text examines processes, institutions, and the theoretical and analytical underpinnings of policy-making, while the second part considers a wide range of policy areas, from economics to the environment, and security to the single market. Throughout the text, theoretical approaches sit side by side with the reality of key events in the EU, including enlargement, the ratification of the Lisbon Treaty, and the financial crisis and resulting euro area crisis, exploring what determines how policies are made and implemented. In the final part, the editors consider trends in EU policy-makin...

ANTI-CORRUPTION AND ANTI-MONEY LAUNDERING MECHANISMS IN THE EUROPEAN UNION

Directory of Open Access Journals (Sweden)

Sergey A. Puzyrev

2013-01-01

Full Text Available The article based on an integrated approach to developed within the European Union mechanisms of preventing crimes, which affect the financial interests of the EU. In terms of specific examples the legal basis of anti-corruption interaction, especially the structural building of the basic institutions of the European Union, are analyzed. The article discusses the information potential to facilitate the implementation of effective cooperation among the competent authorities in the sphere of combating corruption, fraud, money laundering and other economic crimes.

Three proposals for revitalising the European Union

Directory of Open Access Journals (Sweden)

Mario Tonveronachi

2016-12-01

Full Text Available Widespread perception that convergence on the current set of rules is not capable of producing convergence on results, or anyway generally better results, has increased the socio-political fragmentation inside the European Union. The result has been an increasing demand for a partial re-nationalisation of sovereign powers, whose physiology comes from the necessity of higher national flexibility. Asking how feasible changes in the current set of rules could accommodate the increased demand of national flexibility, the paper focuses on the euro area and proposes to revise the monetary operations of the European Central Bank, current fiscal rules, and the financial regulatory approach. The proposed new design is based on the premise that no changes in the Treaty on the Functioning of the European Union are possible at the moment, even though a minimum political convergence is necessary. If successfully implemented, the proposal would contribute to give a viable perspective to the design of the Economic and Monetary Union, capable of attracting those EU non-euro area countries that consider the mismanagement of the recent crisis and of its after-effects reason enough for resisting further losses of sovereignty. JEL: E52, E62, F33, F36, F45, G28

European monetary union: limits to growth or bifurcation point

Directory of Open Access Journals (Sweden)

Oleksandr Sharov

2014-02-01

Full Text Available The paper presents the background and process of the EU monetary union establishment with regard to historical experience of European countries involving previous attempts of currency integration between separate countries. The author also analyzes methods of solving various theoretical and practical problems arising during the process. In particular, it is pointed out that the majority of the problems were caused by neglecting monetary integration principles, the need for observing which had been clearly stated yet at the preliminary stages of the integration process. Special emphasis is made on reviewing current development stage of the monetary union, in particular, with regard to problems caused by the financial crisis in "peripheral countries" of the Union as well as by concurrent intensification of cooperation in the field of banking and fiscal issues. In this context, the trends of further European monetary integration development are also considered. As resulted from analysis, the author concludes that the European Monetary Union had exhausted its energy for development along previously assigned trajectory and reached the bifurcation point, whereas its further improvement or gradual preservation and decline depend upon the direction in which the point is passed.

Adoption of the Objectives of the Monetary and Economic Union and European Financial Integration

Directory of Open Access Journals (Sweden)

MĂDĂLINA RĂDOI

2014-05-01

Full Text Available The European concerns, with old traditions in forming multinational financial markets, developed in the integration of the financial markets and of the European banking systems which allowed the investors from any European country to follow the orders on the best market, through the best beneficiary, benefitting from the most effective financial-banking services. This market offers sophisticated and modern financial tools, which cope with the needs of the invertors, portfolio managers, transnational companies and traders, having an impact over the balanced economic development of the European countries and unemployment reduction.

Vocational Training in the European Union

Directory of Open Access Journals (Sweden)

Mehmet BALCI

2013-01-01

Full Text Available European Union requires some standards in all areas. Today, the importance of training qualified individuals which holds an important place in the development of countries increases and certain standards are adopted creating common European Union tools in the field of vocational and technical education. In this study, vocational education and training policies system and the standards adopted by the European Union are discussed. Furthermore, this study was accepted as a European Union project in 2010 and the results obtained from the Leonardo Da Vinci Life Learning European Union project called “Web Based Basic Vocational Training” between the years 2010-2012 were presented. Since the partners of these projects are Turkey, Spain and Germany, the structure of vocational education, institutions of public and private vocational education and the diplomas and certificates entitled after these educations are included. As Turkey is on its way to become a European Union member, a number of advices are presented for Turkey to reach its destination about vocational education standards that European Union has aimed. The purpose of the study is not only to be a guide for the young who want to get professional training in the countries that are European Union members or candidates about how and where to have education opportunities but also to give a chance for trainers and training managers, participating in vocational training, so as to glimpse different practices from different countries and compare these practices between the countries of European Union and their countries. The study is also very important as it has the opportunities for training managers to see if their countries' vocational education is close enough to vocational education in European Union.

CORPORATE GOVERNANCE COMMITTEES IN EUROPEAN UNION EMERGING ECONOMIES

Directory of Open Access Journals (Sweden)

Mihaela Dumitrascu

2013-07-01

Full Text Available The aim of this research is to analyze the support committees of European Union emerging economies. The importance of good corporate governance is vital for an organization, especially in the emerging markets, fact that leads to a several perceived improvements of the entity, while being more trustable, open and transparent in relationship with all its stakeholders. In our demarche we started by choosing the emerging economies from European Union, which lead us to a sample consisting of the companies listed on Bucharest Stock Exchange, Sofia Stock Exchange, Warsaw Stock Exchange, Prague Stock Exchange, Budapest Stock Exchange, without taking into consideration a specific tier. In order to have a heterogeneous sample, we did eliminate the financial institutions from our research. This study is developed at European Union level and takes into consideration the following indices: BET® BUCHAREST EXCHANGE TRADING (Romania, SOFIX (Bulgaria, WIG 20 (Poland, PX (Czech Republic, BUX The Share Index of the Budapest Stock Exchange Co. Ltd. (Hungary. The data are extracted from the Annual Reports, Corporate Governance Codes, Comply or Explain Statement or the websites of the listed companies, from period 2007 - 2011. We choose this period, because we wanted to see the evolution of the corporate governance committees’ implementation from the period when the last countries from our sample joined the European Union since nowadays. Our conclusion is that we can not discuss about good corporate governance practices. Even so, we can observe from our investigation that the trend in this regard is encouraging. Like future research, we thought at developing our study by comparing the emerging economies from European Union with those outside this area. It is an interesting field of investigation, as every country has different regulations.

NEW MULTIANUAL FINANCIAL FRAMEWORK: PRIORITIES FOR THE EUROPEAN UNION, PRIORITIES FOR ROMANIA

Directory of Open Access Journals (Sweden)

ROXANA-DANIELA PĂUN

2013-05-01

Full Text Available This article proposes a brief foray into the situation of the European economy, but especially of the banking system of the Member States affected differently by the current world economic crisis, or recession, but especially for a detailed analysis of the New Multiannual Financial Framework for the period 2014-2020, with the priorities which appear to be distinct for the EU and for Romania. After a comparative analysis of European regulations on the agreements of the previous financial negotiated for the period 2014-2020, and Delors I (1988-1992, Delors II (1993-1999, the Agenda 2000 (2000-2006 and multiannual financial framework (2007- 2013 and ultimately the provisions of the Treaty of Lisbon (which convert multiannual financial framework in an essential act from a legal point of view; express personal opinions on Romania’s priorities and on the challenges and perspectives in the actual European and global context.

ARCHITECTURE OF EUROPEAN SYSTEM OF FINANCIAL SUPERVISION AFTER THE GLOBAL ECONOMIC CRISIS

Directory of Open Access Journals (Sweden)

Mateusz Muszyński

2015-12-01

Full Text Available This paper indicates how the last global financial crisis has affected the european financial system. As the depression evolved it brought all the weaknesses in the system of financial supervision to the surface. Then it became clear that deeper integration of the banking system was strongly needed. To mitigate systemic stability risk and improve the coordination process with international organizations, the European Commission decided to establish the European System of Financial Supervision. However, it seemed that it was not sufficient to prevent from further fragmentation of the financial market in Europe. As a result, in 2012 the European Commission initiated the banking union, a new form of political and economic integration.

European [Security] Union

DEFF Research Database (Denmark)

Manners, Ian James

2013-01-01

The past 20 years, since the 1992 Treaty on European Union, have seen the gradual creation of both an “Area of Freedom, Security and Justice” and a “Common Foreign and Security Policy”. More recent is the development of a “European Neighbourhood Policy” over the past 10 years. All three...... of these policies involved the navigation and negotiation of security, borders and governance in and by the European Union (EU). This article analyses these practices of bordering and governance through a five-fold security framework. The article argues that a richer understanding of EU security discourses can...

CFC legislation in the European Union

Directory of Open Access Journals (Sweden)

Cvjetković Cvjetana M.

2015-01-01

Full Text Available In this paper the author considers CFC legislation in the Member States of the European Union, and points to the official attitude of the institutions of the European Union toward CFC legislation. Special attention in this paper is focused on Judgment of the Court of Justice of the European Union in the case Cadbury Schweppes. The aim of the paper is to analyze CFC legislation in the Member States in order to determine its basic characteristics, as well as to determine its compatibility with freedoms guaranteed by the primary law of the European Union, i.e. with Judgment of the Court of Justice of the European Union in the Cadbury Schweppes case.

ETUDE - European Trade Union Distance Education.

Science.gov (United States)

Creanor, Linda; Walker, Steve

2000-01-01

Describes transnational distance learning activities among European trade union educators carried out as part of the European Trade Union Distance Education (ETUDE) project, supported by the European Commission. Highlights include the context of international trade union distance education; tutor training course; tutors' experiences; and…

The determinants of capital structure: the evidence from the European Union

Directory of Open Access Journals (Sweden)

Natalia Mokhova

2013-01-01

Full Text Available The aim of this study is to indicate the influence of several internal determinants on capital structure in different European countries and retrace its tendency taking into consideration the membership of the European Union. Nowadays there are a lot of debates according the future of the European Union. The recent global financial crisis and the following European debt crisis show the significance of the country financial stability and its impact on the private sector. The paper investigates 32 countries of European Union dividing them into three groups as (1 old EU members (15 countries, (2 new EU members (12 countries and (3 EU candidates (4 candidate countries and 1 acceding country.The managers make their financial decisions according to the source of financing and capital structure based on the macroeconomic conditions and country specifics and obviously on company’s advantages and disadvantages, i.e. its internal characteristics. Based on the analysis of previous studies we have chosen several significant internal determinants of capital structure as profitability, tangibility, growth opportunities, non-debt tax shields and firm’s size.The findings show that the country’s specifics, EU membership and corporate debt structure influence the relation between capital structure and its internal characteristics. The capital structure in all countries has tendency to increase, furthermore the old members rely more on debt then candidates or new members.There is no doubt that the majority of countries support Pecking Order Theory then Trade off Theory regarding investigated relations. In most countries the profitability and size have negative and significant influence on corporate capital structure. At the same time tangibility, growth opportunities and non-debt tax shields split up: selected countries experience positive impact, another part negative, supporting different theories.

Remarks on the Future of the European Union: Domestic and Global Challenges Ahead

Directory of Open Access Journals (Sweden)

András Inotai

2011-12-01

Full Text Available This paper highlights the main consequences that the crisis has put on the European Union, regarding four major areas: financial, macroeconomic, social and mental-ideological. Also, it aims to tackle some key challenges for the European Union: the revival of international trade; the prevention of the rise of protectionism on the global scale; the need to find a solution to the dilemma between continued stimulus and financial consolidation in general, and between the ambitious goals of the Europe 2020 project and the current fiscal restrictions; the growth of public support across Europe for a financial consolidation strategy based on cutting spending; the impact of the financial and macroeconomic crisis on several sectors; and the deficiencies of the „European construction” indicated by the global crisis. Furthermore, it proposes four main questions for which EU has to provide clear answers in order to become a real global player. The questions concern the „European identity”, the „European values”, the EU strategy paper establishing its mission for the next period and the importance of a strong leadership implementing the strategy. In the end, the most important challenge seems to be how the EU can remain a global economic actor and become a more influential political player in the network of rapidly changing international power relations.

THE TIMELINESS OF FINANCIAL REPORTING IN THE CONTEXT OF EUROPEAN UNION’S EMERGING ECONOMIES

Directory of Open Access Journals (Sweden)

Andra GAJEVSZKY

2013-12-01

Full Text Available Purpose- This research aims to investigate the timeliness of financial statements of the companies across the European Union‘s emerging economies. Research Design- Out of the emerging economies from European Union, the following sample was constituted: the companies listed on Bucharest Stock Exchange, Warsaw Stock Exchange, Prague Stock Exchange and Budapest Stock Exchange, no matter what tier. The final sample, after eliminating the financial institutions and the entities which were not listed in all the studied years (2008-2012, consists of 37 companies. Findings- While comparing the results of this research with those from prior literature, it can be noticed a slightly decrease of days delay in the case of the analyzed emerging economies. Moreover, consistent with other researchers` findings, companies audited by a Big 4 auditor and with a qualified opinion in the auditor`s report, publish their financial results later than entities which have a favourable audit opinion. Value/Practical Implications- This study highlights the importance of financial statements` timeliness in the context of four European Union`s emerging economies, economies which are known for their delay in publishing their financial results compared to the market economies.

SMEs Financial Reporting in European Union: Steps towards a More Harmonized Reporting

OpenAIRE

Buculescu (Costicã) Maria Mãdãlina; Stoica Anamaria

2014-01-01

Recognizing the increasingly importance of SMEs in the economy, European Commission attempts to develop an “economic friendly” environment for SMEs business and further to create a harmonized accounting framework for SMEs financial reporting. Therefore, in 2013, European Commission issued a new Accounting Directive 2013/34/EU, to which the member states have to comply until July 2015, representing an important effort undertaken to reduce the administrative burden of SMEs financial reporting, ...

Environment in the European Union 1995

DEFF Research Database (Denmark)

The update to the 1992 report on the state of the environment in the European Union requested by the European Commission......The update to the 1992 report on the state of the environment in the European Union requested by the European Commission...

The European Union: Challenges and Perspectives

Directory of Open Access Journals (Sweden)

Botescu Ion

2017-01-01

If to all these we add the protectionist measures that the new president of the United States wishes to implement, as well as some deterioration in the European Union credibility generated by Brexit, the bureaucratic aspects that characterize the European institutions, etc., we can outline the context of the European Union, which requires a series of measures to ensure the progress of the European Union as a whole and, in particular, the effective integration of each Community country.

Hostages, free lunches and institutional gaps : the case of the European Currency Union

OpenAIRE

Franke, Günter

2011-01-01

This paper argues that the strong member states of the European Currency Union are hostages of a financially distressed member state so that they are compelled to provide financial support. Moreover, due to the dynamics of the interaction game, a debt relief is a free lunch for the distressed country. This fosters moral hazard of distressed countries. In the absence of capital market control, European politics do not effectively monitor fiscal politics of member states. The lack of a long ter...

The 1997 Protocol and the European Union (European Union and '2nd generation' responsibility conventions)

International Nuclear Information System (INIS)

Handrlica, Jakub; Novotna, Marianna

2014-01-01

The issue of accession of the Eastern European Member States to the 1997 Protocol is discussed with focus on the European Union's authority and enforcement powers. Following up the article published in the preceding issue of this journal, the present contribution analyses the relations of the '2nd generation' responsibility conventions to the law of the European Union. (orig.)

MEASURES AND INSTRUMENTS USED AS A RESPONSE TO CRISES IN EUROPEAN UNION - AN OVERVIEW

Directory of Open Access Journals (Sweden)

FIRTESCU BOGDAN

2011-07-01

Full Text Available During latest times, financial crises have been a common occurrence in emerging market (and transition countries with negative influence for the economies. Financial crises have had negative effects on real output, work force, poverty and political instability. Latest crises (2008 that struck US become international, its consequence being received in European countries too. This paper wants to discuss some intervention measures taken in the European Union Area and some importants funds used as tools for crises fighting. The European Economic Recovery Plan and EU funding mechanisms (The European Social Fund (ESF and The European Globalization Adjustment Fund (EGF are taken into discussion.

CSR and Social Entrepreneurship: The Role of the European Union

Directory of Open Access Journals (Sweden)

Stefano AMELIO

2017-09-01

Full Text Available The aim of the paper is to analyze the status of non-financial information disclosure in the European Union in order to evaluate the level of acceptance of social responsibility practices. The research is divided into two sections and the approach used is mainly theoretical and qualitative. In the first part the UE financial and non-financial information regulations are analyzed; the European Union launched a process of harmonization then subsequently it moved to the standardization process: the Regulation (EC No. 1606/2002 is part of the standardization process (It must be applied in its entirety across the EU while the Directive 2014/95/EU is part of the harmonization process (it sets out a goal that all EU countries must achieve. The Directive 2014/95/EU states that “large undertakings […] shall include in the management report a non-financial statement […]” thus making mandatory the preparation of non-financial statements. In the second part of the research, not considering the firm only as a system for the production of financial/economic value but also as an economic social actor which operates in a social environment to which it belongs and with which it interacts, the concept of social entrepreneurship is explained. Social entrepreneurship belongs to the entrepreneurs who draw up the social balance, required or permitted by the UE legislation. For this reason, the introduction of obligations in disclosing non-financial information could lead to the increase of entrepreneurship, with positive consequences in the creation of tangible benefits to both the business community and the global community.

Jürgen Habermas, The crisis of the European Union: a response,

Directory of Open Access Journals (Sweden)

Lucian-Dumitru DÎRDALĂ

2013-12-01

Full Text Available During a lecture delivered in April 2013 at the University of Leuven, Jürgen Habermas deplored the fact that “[w]hat unite the European citizens today are the Eurosceptical mindsets that have become more pronounced in all of the member countries during the crisis” (Habermas, 2013. This is not the kind of unity that would satisfy a philosopher whose contributions to political theory have greatly contributed to the understanding of post-war European integration. As a social scientist and an influential public intellectual, Habermas felt it was his duty to respond to the current plight of the European Union. He has done it repeatedly, since the beginning of the financial crisis, and the most substantive effort was a book first published in his native Germany, and translated in English under the title The Crisis of the European Union. A Response.

The European Union Training Mission in Mali: A case study

Directory of Open Access Journals (Sweden)

Dicke Rachel

2014-10-01

Full Text Available For several years, the European Union (EU has been increasing its international presence and moving into the role of a global security actor. To support the goal of greater crisis management capabilities, European security integration (ESI has been deepening. This article therefore examines an Ell operation - the European Union Training Mission in Mali (EUTM Mali - with the aim of gauging the success of the EU's efforts at ESI. To determine the success of EUTM Mali and thus of ESI, three propositions are examined: if EUTM Mali is a security operation showing successful security integration, there will be evidence of (i broad participation, (ii financial burden-sharing and (iii the successful incorporation of troops and equipment. The first and third propositions are supported whereas the second does not receive as much support. Overall, EUTM Mali shows considerable success and bodes well for further ESI.

Designing a Financial Stability Architecture for a Regionally Integrated Financial Space: The European Experience.

OpenAIRE

Heinrich, Gregor

2015-01-01

Any discussion on improving the existing arrangements for assessing and managing financial risks and in particular supervising the relevant institutions will also need to address the question on which institution should be responsible for which task and for which sector of the financial system, how these institutions should be organized and, if there are several, how they should interact with each other. Based on the example of the European Union, this paper shows the gradual change from ...

European Union Energy Research

International Nuclear Information System (INIS)

Valdalbero, D.R.; Schmitz, B.; Raldow, W.; Poireau, M.

2007-01-01

This article presents an extensive state of the art of the energy research conducted at European Union level between 1984 and 2006, i.e. from the first to the sixth European Community Framework Programmes (FP1-FP6) for Research, Technological Development and Demonstration (RTD and D). The FP is the main legal tool and financial instrument of EU RTD and D policy. It sets the objectives, priorities and budgets for a period of several years. It has been complemented over time with a number of policy oriented initiatives and notably with the launch of the European Research Area. FP7 will cover the period 2007-2013 and will have a total budget of more than euros 50 billion. Energy has been a main research area in Europe since the founding Treaties (European Coal and Steel Community, European Atomic Energy Community-Euratom and European Economic Community), and energy RTD and D has always been a substantial part of common EU research. Nevertheless, when inflation and successive European enlargements are taken into account, over time the RTD and D effort in the field of energy has decreased significantly in relative terms. In nominal terms it has remained relatively stable at about euros 500 million per year. For the next years (FP7), it is expected that energy will still represent about 10 % of total EU research effort but with an annual budget of more than euros 800 million per year. This article presents a detailed review of the thematic areas and budget in both European nuclear energy research (fusion and fission) and non-nuclear energy research (energy efficiency/rational use of energy, fossil fuels, CO 2 capture and storage, fuel cells and hydrogen, renewable energy sources, strategic energy research/socio-economy). (authors)

The european union as subjects of law

Directory of Open Access Journals (Sweden)

Fila R.

2012-10-01

Full Text Available At the international level it is recognized that development and progress of the new and unique international organization – European Union – is one of the appropriate form of the international organization’s integration. Although European Union was establish as international economic organization, it has gradually integrated the various “best practices” ideas from different governmental systems. Encouragement and motives for cooperation of Member states indicate that member states give more competences of government to the international organization’s institutes. Wherewith, it is observed that the economic and political internationalization has led to disappearance of integrity of territory of member states. The above mentioned opinion is not based on research of the European Union as international organization from standpoint of international law, but from standpoint of theory law – could give juridical estimate regarding executive power in European Union and who could define particular source and entity of administrative law of European Union.

Tre proposte per rivitalizzare l’Unione Europea (Three proposals for revitalising the European Union

Directory of Open Access Journals (Sweden)

Mario Tonveronachi

2017-01-01

Full Text Available Within the EU, the perception that the convergence on the current set of rules is not capable of producing convergence on results, or generally better results, has increased socio-political fragmentation. The result has been an increasing demand for re-nationalisation of sovereign powers. Focusing on the euro area, the paper proposes to revise the monetary operations of the European Central Bank, current fiscal rules and the financial regulatory approach in order to tackle some of the main inconsistencies, rigidities and fragilities in the current design. The new design is thought out to require no changes in the Treaty on the Functioning of the European Union, but at least a minimum political convergence. If successfully implemented, it would contribute to give a viable perspective to the design of the Economic and Monetary Union, capable of attracting those EU non-euro area countries that consider the mismanagement of the recent crisis and of its after-effects reason enough for resisting further losses of sovereignty.JEL codes: E52, E62, F33, F36, F45, G28

The Conundrum of Solving ‘Too Big to Fail’ in the European Union: Supranationalization at Different Speeds

NARCIS (Netherlands)

Quaglia, Lucia; Spendzharova, Aneta

2017-01-01

In the aftermath of the international financial crisis, the European Union (EU) adopted a series of regulatory reforms concerning capital adequacy, bank structures and resolution in order to tackle the risks created by financial institutions that were ‘too big to fail’. This article demonstrates

Corporate Negative Equity: The Evidence from the European Union

Directory of Open Access Journals (Sweden)

Natalia Mokhova

2016-01-01

Full Text Available After the Global Financial Crisis the frequency of reported losses of companies has increased significantly in countries of the European Union. Moreover, the financial leverage of companies have increased and even exceeded 100% in several countries. The reason of this development is negative equity that companies find themselves to report. At first sight negative equities are caused by accumulated losses from prior periods. However, there are some other reasons that can result in increasing negative equities in companies. They remain adequate as long as a company is able to pay its bills. Nevertheless, a company with negative equity is exposed to risks. This paper investigates whether the corporate negative equity is a sign of the future failure of a company. We examine non-financial manufactured companies from selected countries of the European Union within the period 2005–2012 from database Amadeus (Czech Republic, Slovakia, Hungary, Poland and Germany. By the means of comparison between negative and positive equities we applied descriptive statistics and Pearson correlation analysis. We find that in all surveyed countries the size positively influences the equity of companies. Other factors as profitability and growth opportunities do not influence the corporate equity. In addition the binary logistic regression analysis has been conducted based on the evidence from Czech companies. Our results indicate that negative equities are not a sign of bankruptcy or insolvency of a company. But the low profitability or low business activities (that are predictors of bankruptcy might lead to negative equities in the balance sheet.

MIGRATION INTEGRATION AS A FACTOR OF ECONOMIC AND REGIONAL DEVELOPMENT IN THE EUROPEAN UNION

Directory of Open Access Journals (Sweden)

Petronela Daniela FERARU

2015-10-01

Full Text Available International migration, together with economic and financial crisis or the different socio-economic development of Member States, is a serious threat to security in Europe. Population migration as a threatening factor, places the European Union in the face of a decision to establish clear policies for the establishment of a climate of external security, both for the migrant population and for the rest of the population. All in all, this study will centre on the following hypothesis: the better we know the challenges of international migration in the European Union and its Member States the more the European policies to mitigate negative effects of the world will be diminished. The aim is to highlight aspects pertaining to migration integration as a factor of economic, social and regional development in the European Union, and less as a factor of destabilization and insecurity. In other words, a good knowledge of the phenomenon leads to drawing up effective policies to reduce hazards, risks, threats and negative effects that happen today due to the increasing number of immigrants. Finally, the study will present a series of conclusions, including on the work hypothesis verification and some proposals related to migration integration efficiency as a factor of regional and economic development in the European Union.

The specificity and scope of European Union finance law

Directory of Open Access Journals (Sweden)

Marcin Tyniewicki

2015-06-01

Full Text Available Basically, Polish science of financial law quite broadly takes the problems concerning public finance of the European Union (EU. However, it should be noticed that the considerations largely refer to the detailed issues within the confines of individual branches of EU financial law, eg. in areas of tax harmonization or single financial market. At the same time there is an insufficiency or even minuteness publications with doctrinal and theoretical nature referring to the general and fundamental issues of financial law of the EU. There may be numbered such issues among others as definitions, scope and internal structure of this law, its legal sources etc. Generally two areas should be object of the basic scientific researches in reference to the issues mentioned above. First one is financial law of the EU and the second one – its influence and effect of this influence on Polish financial law. In this article there will be undertaken considerations referring to the first area aimed at defining the specifity and scope of EU financial law.

REFORMING THE EUROPEAN FINANCIAL AND BANKING ARCHITECTURE IN THE CRISIS CONTEXT. THE BANKING UNION CONCEPT

Directory of Open Access Journals (Sweden)

Magdalena, RADULESCU

2014-11-01

Full Text Available Deep financial crisis which started in 2007 proved to be extremely contagious affecting the financial and banking EU system. Achieving an integrated banking market is the main component of the European policy in the financial-banking services area. The latest developments underlined that the difficulties faced by the banks can negatively impact on the entire financial stability of the member states. That's why, the European Central Bank will be entitled to supervise any bank of the euro area, especially the ones that benefit of public support. Reforming the financial and banking system must be shaped in the frame of insuring some durable national finances, of an urgent recapitalizing of the banks that need that and of elaborating some common fiscal and financial and banking regulations effective in the eurozone.

The European Union's Africa Policy

DEFF Research Database (Denmark)

Olsen, Gorm Rye

2013-01-01

For a number of years, there has been an international debate on whether and to what extent small member states can influence the common external policies of the European Union. Recent research on the role of small EU states concludes that these states are neither per se political dwarfs nor power...... including North–South and specifically Africa policies. Five separate analyses are carried out addressing the question of Nordicization and Europeanization. Based on the empirical analyses, it is not possible to confirm the hypothesis that a Nordicization of the European Union's Africa policy has taken...... place. Rather, it appears adequate to talk about convergence of policies between the Nordics and the EU and therefore, the Africa policies of both actors are basically the result of Europeanization....

THE INTERFERENCE OF EUROPEAN UNION LAW WITH PUBLIC INTERNATIONAL LAW

Directory of Open Access Journals (Sweden)

ROXANA-MARIANA POPESCU

2011-04-01

Full Text Available The European Union Law is an unique legal phenomenon developed in the process of European integration within the framework of the European Communities and the European Union; a result of the implementation of the supranational authority of the European institutions. The European Union law is a specific legal system having independent sources and principles that developed at the border-line of international law and domestic law of the EU’s Member States. The authonomy of the European Union law is affirmed by a case-law of the Court of Justice of the European Union.The European Union has its own legal order which is separate from international law and forms an integral part of the legal systems of the Member States. The legal order of the Union is founded on various different sources of law. The different nature of these sources has imposed a hierarchy among them. At the pinnacle of this hierarchy we find primary law, represented by the Treaties and general legal principles, followed by international treaties concluded by the Union and secondary law founded on the Treaties.

Bovine cysticercosis in the European Union

DEFF Research Database (Denmark)

Blagojevic, Bojan; Robertson, Lucy J.; Vieira-Pinto, Madalena

2017-01-01

-only inspection of slaughtered cattle in order to reduce the potential for cross-contamination with bacteria that are of greatest public health risk, is expected in the European Union in the near future. With this system, the detection sensitivity for bovine cysticercosis that is already low with the current meat...... of bovine cysticercosis in the European Union....

The illusion of comparable European IFRS financial statements. Beliefs of auditors, analysts and other users

OpenAIRE

Vicky COLE; Joel BRANSON; Diane BREESCH

2011-01-01

Reaching higher comparability was one of the main goals of the implementation of the International Financial Reporting Standards (IFRS) in the European Union in 2005. However, national accounting traditions and cultural differences continue to cause differences in the application of IFRS (KPMG & von Keitz, 2006). European IFRS financial statements might therefore be less comparable than users of these statements possibly assume. This study contributes by determining to what extent auditors, a...

Coordination in the European Union

OpenAIRE

Martin Feldstein

2013-01-01

This paper examines the sources of current conflict within the EU and the EMU. The topics discussed include the recent ECB policy of bond buying (the OMT policy), the attempts to advance the "European Project" of stronger political union (the fiscal compact, the banking union, and the proposals for budget supervision). Contrary to the claims of the European leadership, the progress that has been made has been by individual countries and not by coordinated action. The special problems of Franc...

The European Union and its Neighbours:

Directory of Open Access Journals (Sweden)

Alberto Chilosi

2007-06-01

Full Text Available The paper considers the status of the European Neighbourhood Policy in the light of the new Financial Perspective 2007-2013 and of the present internal state of the European Union. Even if in theory the ENP could have been a valid substitute for enlargement, it does not seem to have reached its aim of providing an adequate surrogate for full membership. Considering the figures of the new Financial Perspective 2007-2013, the issue of market access, and the internal power dynamics of the EU, we see that it is hardly conceivable that the ENP could ever give to its neighbours the same economic advantages that membership gives to the poorer members of the EU. Another controversial aspect is the clear asymmetric nature of the ENP, whereby the payoff for neighbours is conditioned on their “good behaviour”, thus amounting to a form of soft imperialism. While ENP tries to establish a comprehensive and coherent framework of the EU’s relations with its neighbourhood, the actual behaviour of EU towards its neighbours is shown to present some inconsistences due to political expedience and pragmatic concerns. The consideration of some related basic issues of EU institutional reform, such as the weakening of the powers of the member states, or the introduction of some intermediate forms of partial membership, concludes the paper.

European Union security policy through strategic culture

Directory of Open Access Journals (Sweden)

Beriša Hatidža

2014-01-01

Full Text Available In this paper, we shall pay attention to the security policy of the European Union, through the strategic culture, starting from the existing various options for cooperation in the field of security and defense. Our goal is to look at the implementation of the Strategic Culture of the European Union (EU SK, research ways to improve the international position of the Union and its impact on policy cooperation and trust with other collectives. Analysis of flexible cooperation between the European Union, as well as access to special procedures in the field of security and defense policy, we will follow the ambition and capacity in implementing the same. Paper aims to introduce the idea of the European Union, which allows its members to rationally consider and check the box of options available to decision makers. In this regard, the EU seeks to build its own armed forces to protect the association of interests-investment terms. Reviewing and understanding the strategic culture of the EU by countries that are not its members can be seen as reasons for strengthening the capacity of the Union for the realization of the impact of the global security as well as predicting its future steps.

The principle of empowerment in the European Union

Directory of Open Access Journals (Sweden)

Ioana Nelly MILITARU

2011-12-01

Full Text Available Delimitation of competences in the EU is governed by the principle of conferral. Based on the content of these provisions work in the first three parts of it, defining and classifying skills appropriate attribution Treaties underlying the European Union (Treaty on European Union and the Treaty on the Functioning of the European Union and the Court of Justice. The next three parts of the paper detailing each classification in hand, highlighting, clear delineation of the Union competences of the Member States carried out by the Lisbon Treaty and the amendments made by this treaty.

THE IRONY OF SAMENESS EUROPEAN UNION AND INDIA’S COLD RELATIONSHIP

Directory of Open Access Journals (Sweden)

MIHAELA PĂDUREANU

2013-05-01

Full Text Available Trying to establish themselves as global actors, both European Union and India pursue their interest through multiliteralism. Although both of them developed intense relationships with the United States, Russian Federation, China and other regional actors, EU and India do not find profoundly attracted to one another. While EU steers Central Asia or China, India in its part sees the European framework as the sum of its parts at best and prefers bilateral proximity with individual nations once at the time: UK, France Italy, Germany or Poland. The irony of this state of affairs is that both EU and India have similar traits if judged by their effort to bridge ethnic, religious and economic diversity into a single body. Apart from that both EU and Indian economies struggle to shape a compromise between social protection and the neoliberal agenda. In this paper we analyze the relationship between European Union and India by focusing on their foreign policies. Our main hypothesis is that EU and India should cooperate due to their attraction to the same values and norms. As future unfolds along with common challenges such as regulating financial flows or tackling terrorism and environmental issues, European Union and India should try to reach a common language. This relation can also be a test for EU’s aim to become a global actor because an established cooperation with an Asian country would provide the necessary framework to work outside the European space and to demonstrated its commitment to become an important player in IR.

EURO UNDER CROSSFIRE. WILL THE EUROPEAN MONETARY UNION SURVIVE?

Directory of Open Access Journals (Sweden)

Roxana Paraschiv

2011-12-01

Full Text Available The creation of the European Monetary Union was both a political and an economic decision considered to be a success for almost a decade. Starting from 2008-2009, the EMU has been facing the most difficult moments of its existence. This paper aims at analyzing the impact of the current financial crises on the EMU member countries, the measures taken up to the present as a response to the crises and the future perspective for the European single currency. Both the breaking up of the EMU and its maintaining prove to be costly decisions. The recent evolutions have shown the political will to keep the EMU together, but we must ask ourselves at what price and risk.

IMPLICATIONS OF THE ASSOCIATION AGREEMENT WITH THE EUROPEAN UNION ON THE FINANCIAL PUBLIC MANAGEMENT IN THE REPUBLIC OF MOLDOVA

Directory of Open Access Journals (Sweden)

Lilia ROTARU

2015-09-01

Full Text Available European integration is not just a goal of the foreign policy of the Republic of Moldova, but also a natural aspiration of an European nation to join the European family and the signing of the Association Agreement between Moldova and the European Union is an important step in achieving this goal. The Republic of Moldova has developed and continues to promote rigorous reforms in the area of public finance management. In this article we have analyzed the main reforms and achievements in the field of public finance management in the Republic of Moldova, their importance by reference to good European practices, but also the need to continue them in the context of signing the Association Agreement. The authors argue that until now, the public finance management reform had been focused mainly on the planning and execution phases of National Public Budget, nonetheless the main problems lay in poor budgetary reporting and control. Corruption and fraud are the main risk areas for all the promoted reforms. The conclusion of this paper is that the most urgent actions that should be undertaken consist in improving public procurement procedures, enhancing the internal control, financial inspection and external audit. Only in such a way trustful relation with EU could be created and this is particularly important as it could permit to absorb more European funds to invest in the economic and social development in our country.

LEGAL PERSONALITY AND POWERS OF THE EUROPEAN UNION

OpenAIRE

Augustin FUEREA

2010-01-01

Based on legal personality, EU won through Treaty of Lisbon, in accordance with the system of division of competences between the Union and the Member States as provided for in the Treaty on European Union and the Treaty on the Functioning of the European Union, competences not conferred upon the Union in the Treaties remain with the Member States. When the Treaties confer on the Union a competence shared with the Member States in a specific area, the Member States shall exercise their compet...

Nuclear Energy and European Union

International Nuclear Information System (INIS)

Picamal, B.

2010-01-01

The interest shown by the European Institutions in the energy debates, in which the nuclear energy is included as a key component within the energy mix, is obvious. Climate change and energy supply have pushed some countries to publicly express their interest for developing the nuclear energy. These positions are however in contradiction with some others within the European Union which are a lot more critical towards this type of energy and where face-out policies still prevail. Despite the fact that the use of the nuclear energy will remain within the competence of each Member State, the European Union will continue to play a prominent role in the development of an energy strategy based on a low carbon economy. (Author)

A decade of African Union and European Union trans-national ...

African Journals Online (AJOL)

The first decade of the new millennium saw the European Union deploy nine security missions to the African continent, quoting the European Security and. Defence Policy. Unlike the numerous United Nations security missions that. European states had previously contributed to, these were part of a grand strategy designed ...

European Union's public fishing access agreements in developing countries.

Science.gov (United States)

Le Manach, Frédéric; Chaboud, Christian; Copeland, Duncan; Cury, Philippe; Gascuel, Didier; Kleisner, Kristin M; Standing, André; Sumaila, U Rashid; Zeller, Dirk; Pauly, Daniel

2013-01-01

The imperative to increase seafood supply while dealing with its overfished local stocks has pushed the European Union (EU) and its Member States to fish in the Exclusive Economic Zones of other countries through various types of fishing agreements for decades. Although European public fishing agreements are commented on regularly and considered to be transparent, this is the first global and historical study on the fee regime that governs them. We find that the EU has subsidized these agreements at an average of 75% of their cost (financial contribution agreed upon in the agreements), while private European business interests paid the equivalent of 1.5% of the value of the fish that was eventually landed. This raises questions of fisheries benefit-sharing and resource-use equity that the EU has the potential to address during the nearly completed reform of its Common Fisheries Policy.

European Union's public fishing access agreements in developing countries.

Directory of Open Access Journals (Sweden)

Frédéric Le Manach

Full Text Available The imperative to increase seafood supply while dealing with its overfished local stocks has pushed the European Union (EU and its Member States to fish in the Exclusive Economic Zones of other countries through various types of fishing agreements for decades. Although European public fishing agreements are commented on regularly and considered to be transparent, this is the first global and historical study on the fee regime that governs them. We find that the EU has subsidized these agreements at an average of 75% of their cost (financial contribution agreed upon in the agreements, while private European business interests paid the equivalent of 1.5% of the value of the fish that was eventually landed. This raises questions of fisheries benefit-sharing and resource-use equity that the EU has the potential to address during the nearly completed reform of its Common Fisheries Policy.

European Union, 2017

OpenAIRE

Malone Margaret Mary

2018-01-01

The year 2017 was eventful for the EU and its member states. Given the widespread Euroscepticism and populism which appeared to be on the rise last year, election results in the Netherlands, France and Germany were greeted with relief and hope for the future. The EU was in an optimistic mood. European Commission President Jean- Claude Juncker used his State of the European Union speech in September to note that the EU had the ‘wind in its sails’ (Juncker, 2017). At the same time, he cautioned...

Osteoporosis in the European Union

DEFF Research Database (Denmark)

Svedbom, A; Hernlund, E; Ivergård, M

2013-01-01

the burden of osteoporosis in each of the EU27 countries in 2010 and beyond. METHODS: The data on fracture incidence and costs of fractures in the EU27 were taken from a concurrent publication in this journal (Osteoporosis in the European Union: Medical Management, Epidemiology and Economic Burden......UNLABELLED: This report describes epidemiology, burden, and treatment of osteoporosis in each of the 27 countries of the European Union (EU27). INTRODUCTION: In 2010, 22 million women and 5.5 million men were estimated to have osteoporosis in the EU; and 3.5 million new fragility fractures were...

The impact of Romanian adhesion to European Union on exterior trade

OpenAIRE

Craciunas, Diana

2009-01-01

Analysis of the Romanian external trade policies in European integration context underlining the external trade policy of Romania which according with European Union policies after the joining to the European Union, the improvement and adaptation of external trade policy to the European standards through internal and external measures and the commercial effect of the extensions of the European Union over non member countries of Europe and on the European Union position in the international co...

Citizenship of the European Union under the Treaty of Lisbon

Directory of Open Access Journals (Sweden)

Ioana Nely MILITARU

2011-06-01

Full Text Available The paper is structured in two parts. The first part covers history, "Union citizenship, according to previous Treaties Lisbon Treaty, and the second refers to the privileges which they have as citizens of the Union Treaty as a result of reforming the European Union, referring to documents on which this Treaty adhere it recognizes as having the same legal force, treaties, (Treaty on European Union and the Treaty on the Functioning of the European Union.

The new architecture of the European Union

Directory of Open Access Journals (Sweden)

Radivojević Zoran

2011-01-01

Full Text Available The Lisbon Treaty has brought significant changes into the architecture of the European Union. The most important novelty, however, is the establishment of a full unity of the Union structure achieved by creating new and strengthening the existing elements. The new elements of this unity are the disappearance of the European Community, the 'independence' of the European Atomic Energy Community, constituting the European Union as a single entity and the introduction of EU values. At the same time, the Lisbon Treaty has strengthened the existing elements of the common institutional mechanisms, rules on amending the founding treaties and EU membership. However, constituting the Union as a single entity which has replaced and succeeded the European Communities has not abolished the EU elements of diversity. In the areas that differed, even before the adoption of the Lisbon Treaty, from the community pillar, there remain significant differences in the nature and the scope of competences of the Union institutions. This mainly regards the common foreign and security policy, which now includes the defense policy, where the existing model of inter-state cooperation has been only slightly interfered with. In contrast, in the field of police and judicial cooperation in criminal matters, which has become part of a larger Area of Freedom, Security and Justice, the inter-state model of cooperation has been abandoned in some of its most important elements. However, the implementation of some of the important elements of the supranational model has been postponed.

76 FR 18198 - European Union-United States Atlantis Program

Science.gov (United States)

2011-04-01

... DEPARTMENT OF EDUCATION European Union-United States Atlantis Program AGENCY: Office of...)--Special Focus Competition: European Union-(EU) United States (U.S.) Atlantis Program Notice inviting... and Culture, European Commission for funding under a separate but parallel EU competition. Within this...

The value of express delivery services for cross-border e-commerce in European Union markets

OpenAIRE

Kim, Thai Young; Dekker, Rommert; Heij, Christiaan

2016-01-01

textabstractFurther growth of cross-border e-commerce in the European Union markets requires improved express delivery services. The framework presented in this paper identifies relevant contextual factors that affect express delivery adoption rates in European cross-border e-commerce. This framework leads to a set of hypotheses, both on the effects of express deliveries on financial performance indicators (order incidence, order size, and repurchase rate) and on the factors that drive demand...

a decade of african union and european union trans-regional

African Journals Online (AJOL)

Abel

designed to link the African Union and the European Union in a process of trans- ... terrorism, drug and human trafficking and migration.5 The common value ..... have involved policing, rule of law, border assistance and monitoring and security .... Europe as exemplified by Russia and Ukraine (who provided helicopters and ...

Reported foodborne outbreaks due to fresh produce in the United States and European Union: trends and causes.

Science.gov (United States)

Callejón, Raquel M; Rodríguez-Naranjo, M Isabel; Ubeda, Cristina; Hornedo-Ortega, Ruth; Garcia-Parrilla, M Carmen; Troncoso, Ana M

2015-01-01

The consumption of fruit and vegetables continues to rise in the United States and European Union due to healthy lifestyle recommendations. Meanwhile, the rate of foodborne illness caused by the consumption of these products remains high in both regions, representing a significant public health and financial issue. This study addresses the occurrence of reported foodborne outbreaks associated with fresh fruits and vegetables consumption in the United States and European Union during the period 2004-2012, where data are available. Special attention is paid to those pathogens responsible for these outbreaks, the mechanisms of contamination, and the fresh produce vehicles involved. Norovirus is shown to be responsible for most of the produce-related outbreaks, followed by Salmonella. Norovirus is mainly linked with the consumption of salad in the United States and of berries in the European Union, as demonstrated by the Multiple Correspondence Analysis (MCA). Salmonella was the leading cause of multistate produce outbreaks in the United States and was the pathogen involved in the majority of sprouts-associated outbreaks. As is reflected in the MCA, the pattern of fresh produce outbreaks differed in the United States and European Union by the type of microorganism and the food vehicle involved.

The banking union and the financial and banking system reform in EU

Directory of Open Access Journals (Sweden)

Alina Ligia Dumitrescu

2013-04-01

Full Text Available Coordination among supervisors in financial and banking system is vital, but the financial crisis has shown that is not enough, and especially in the context of a single currency would require more common actions in EU. Therefore, the European Commission proposed “the creation of a banking union”, in order to place the banking sector on a more solid base and to restore confidence in the single currency, as part of a longer-term vision for the promotion of the economic and fiscal integration. Therefore, the new direction of the reform of the financial sector is "the creation of a banking union", that will help: to strengthen banks supervision, to ensure better deposits security, to recapitalize banks and last but not least to achieve the centralized management of the banking crises.

Designing Supervision under the Preventive Anti-Money Laundering Policy in the European Union

Directory of Open Access Journals (Sweden)

Melissa van den Broek

2014-12-01

Full Text Available Directive 2005/60/EC on the prevention of the use of the financial system for the purpose of money laundering and terrorist financing is currently one of the main instruments which regulates efforts to combat money laundering (and terrorist financing in the European Union. Respecting national procedural autonomy, this directive leaves a high degree of freedom for the Member States in designing their own supervisory architectures under the preventive anti-money laundering policy. This contribution adopts a systematic approach to the institutional differences between the EU Member States and presents four models of supervision that are currently present in the European Union. It explains the main characteristics of these models, categorises the EU Member States accordingly and analyses the potential strengths and weaknesses of each model, thereby providing a first indication of their effectiveness.

The European Banking Union: Will It Be a True Union without Risk Sharing?

Directory of Open Access Journals (Sweden)

Mario Sarcinelli

2013-06-01

Full Text Available The recent developments of the Euro crisis reveal the lack of clear or coherent thinking on the part of both the Eurozone finance ministers and the European Commission. The crisis in Cyprus is partly the consequence of decisions made on private sector involvement in the previous Greek bailout, and other such examples may be made. It is time, therefore, to look reality in the face and strengthen the structures of the EMU. The article is devoted to what has been done and what must still be done to make the European banking system more robust and less permeable to crises, and to preserve the single financial market. It looks at the initiatives of both the European Commission and the European Council to complete the EMU by creating a banking union, the doubts on the wisdom of entrusting banking oversight to the ECB, the organization of the ECB’s new tasks, the continuing absence of facilities for the recovery or liquidation of banks, as well as for a Euro-wide deposit insurance, the need for some form of risk-sharing in order to stabilise the economy, and thus the recourse to a common budget and the possibility of joint debt for the Eurozone.

THE "E TRIANGLE": EMPLOYMENT, EMPLOYEE AND EMPLOYER IN THE EUROPEAN UNION

OpenAIRE

Liviana Andreea Niminet

2016-01-01

One of the biggest forces of the European Union is its people, people living and working within this Union. This stands not only for the European Union but for every state, as it is well known that people are the ones that can make a state great or poor. For this reason, the matters regarding labor are a continuous concern both for European Union common institutions as well as for every individual state of the European Union. The main interest, on both sides, is to ensure the best for every p...

Value Relevance of Consolidated Versus Parent Company Financial Statements: Evidence from the Largest Three European Capital Markets

OpenAIRE

Victor-Octavian MULLER

2011-01-01

Within the European Union, parent companies have to prepare and publish both consolidated and individual financial statements. The objective of financial statements with general purpose is to give information regarding the financial position, performance and changes in financial position of the reporting entity, information that is useful to investors and other users in making economic decisions. In order to be useful, financial information needs to be relevant to the decision-making process ...

The European Union Solidarity Fund: An Important Tool in the Recovery After Large-Scale Natural Disasters

Directory of Open Access Journals (Sweden)

Maria IONCICĂ

2016-03-01

Full Text Available This paper analyses the situation of the European Union Solidarity Fund, as an important tool in the recovery after large-scale natural disasters. In the last millennium, the European Union countries have faced climate change, which lead to events with disastrous consequences. There are several ex-post financial ways to respond to the challenges posed by large-scale natural disasters, among which EU Solidarity Fund, government funds, budget reallocation, donor assistance, domestic and/or external credit. The EU Solidarity Fund was created in 2002 after the massive floods from the Central Europe as the expression of the solidarity of EU countries. Romania has received financial assistance from the EU Solidarity Fund after the occurrence of major natural disasters, regional and neighbouring country disasters. The assessment of large-scale natural disasters in EU is very important and in order to analyse if there is a concentration of large-scale natural disasters in EU we used the Gini coefficient. In the paper, the method of the statistical analysis and the correlation between several indicators were used to study the financial impacts of large-scale natural disasters in Europe, and especially in Romania.

European citizenship and the constitutionalisation of the European Union

NARCIS (Netherlands)

van Eijken, Hanneke|info:eu-repo/dai/nl/314133992

2014-01-01

The concept of citizenship in relatively new legal order of the European Union has its own meaning and dynamics compared to national citizenship. One of the important questions regarding this transnational form of citizenship is how to place this European citizenship in a constitutional context in

Radioactive waste management in European Union countries

International Nuclear Information System (INIS)

Vico, E.

2002-01-01

Although the Euratom Treaty does not assign direct authorities to the European Union in the Field of radioactive waste, the Commission has developed a series of activities related to this type of waste. The article deals with these Community initiatives, and the problems of radioactive waste management in the different Member States, and future plans in the field in the light of forthcoming European Union enlargement in 2004. (Author)

The Process towards the Centralisation of the European Financial Supervisory Architecture: The Case of the Banking Union

Directory of Open Access Journals (Sweden)

Elisabetta Montanaro

2016-06-01

Full Text Available The evolution of the EU supervisory architecture has demonstrated that it took the risk of a euro break-up to barely overcome the Member States and their supervisors’ political resistances to centralisation. In the two-tier Europe that is emerging after the euro crisis, the integrity of the single market seems today crucially interlinked with the success of the banking union and its attractiveness for non-euro countries. The banking union’s design, without a credible common fiscal backstop, remains however a partial solution to the financial stability issues arising from the fragmentation of the EU financial market in the event of banking crises. Against this background, this work performs an analysis on non-euro countries’ own assessments of the pros and cons of joining the banking union. The analysis aims at showing that until fiscal responsibility for financial stability remains at the national level, regulatory centralisation cannot sever the traditional divide between home and host supervisors. JEL: F35; F65; G01; G28

LABOUR TAXATION IN THE EUROPEAN UNION

Directory of Open Access Journals (Sweden)

Sabau-Popa Liviu Mihai

2011-07-01

Full Text Available This article proposes an analysis, which we consider extremely useful in the current economic context, of the evolution of labour income fiscality, more precisely, the effect of the public debt growth on the tax wedge for the labour income. The share of fiscal revenues from direct taxes, indirect taxes and social contributions is relatively close in the old member states of the European Union in comparison with the new member states, which register a lower level of income from direct taxes. The low level of income from direct taxes is compensated by more significant shares of the social contributions or indirect taxes. The main motivations of cross-border migration are: a successful career in a multinational corporation, high variations of the tax rate, of the salary income between states and, last but not least, the level of the net salary. To this day, there are no plans to harmonize across the European Union the legislation regarding the taxes wages and the social security contributions. Still, the European Union had in view the coordination of the national tax systems to make sure that the employees and the employers do not pay several times the social contributions in their movement across the community space. Despite the fact that some states tax the labour income at a low level, the labour fiscality remains high in the European Union in comparison with other industrialized economies, probably also due to the fact that the majority of the member states have social market economies. The increase of the fiscality level for the labour income determines the decrease of the employment rate and the raise of the unemployement rate. The solution to guarantee a higher employment rate, which is a target of the European Union Strategy Europe 2020 could be the relaxation of the labour income fiscality by transferring the tax wedge on the labour income towards property or energy taxation.

Study on the Evaluation of the European Union Agency for Network and Information Security

DEFF Research Database (Denmark)

Attström, Karin; Ludden, Vanessa; Lessmann, Franziska

The European Union Agency for Network and Information Security (ENISA) was established in 2004. The Agency provides advice and recommendations, data analysis, and supports awareness raising and cooperation by the EU bodies and Member States in the field of cybersecurity. ENISA uses its expertise...... and assesses their financial implications. The findings of the evaluation study show that ENISA has made some important achievements towards increasing NIS in the EU. However, a fragmented approach to cybersecurity across the EU and issues internal to the Agency, including limited financial resources, hinder...

EUROPEAN HARMONIZATION OF CONSOLIDATED FINANCIAL STATEMENTS REGULATIONS?

Directory of Open Access Journals (Sweden)

Cirstea Andreea

2012-07-01

Full Text Available The purpose of this paper is to analyze the degree of formal accounting harmonization within the European Union with respect to the EC Regulation No. 1606/2002 adopted by the European Parliament and European Council on the 19th of July 2002, which regulates the application of IAS/IFRS regarding the financial reporting of listed European companies. The conclusions of the paper were drawn after the completion of a thorough analysis performed by using correlation and/ or association coefficients, namely: the Jaccard’s Correlation Coefficients, Rogers and Tanimoto Coefficient, Lance and Williams Coefficient and Binary Euclidian Distance Coefficient. The results lead us to conclude that although our first hypothesis is verified, the degree of harmonization between the accounting systems of EU Member States could be truly quantified only through an analysis of the material accounting harmonization, more precisely by analyzing the way the companies put into practice the requirements imposed through the EC Regulation No. 1606/2002.

The crisis as catalyst for reframing health care policies in the European Union.

Science.gov (United States)

Helderman, Jan-Kees

2015-01-01

Seen from the perspective of health, the global financial crisis (GFC) may be conceived of as an exogenous factor that has undermined the fiscal sustainability of European welfare states and consequently, their (expanding) health systems as well. Being one of the core programs of European welfare states, health care has always belonged to the sovereignty of European Member States. However, in past two decades, European welfare states have in fact become semi-sovereign states and the European Union (EU) no longer is an exogenous actor in European health policy making. Today, the EU not only puts limits to unsustainable growth levels in health care spending, it also acts as an health policy agenda setter. Since the outbreak of the GFC, it does so in an increasingly coercive and persuasive way, claiming authority over health system reforms alongside the responsibilities of its Member States.

Coping with Financial Crises: Latin American Answers to European Questions

Directory of Open Access Journals (Sweden)

Eduardo A.Cavallo

2013-06-01

Full Text Available Europe faces challenges reminiscent of Latin American financial crises, namely unsustainable sovereign spreads, banking system distress, sudden stops in capital flows and growth rate collapse. The failure of recent liquidity support to normalize the situation suggests the need to refocus the policy debate on fundamentals: structural reform for growth and, where needed, restructuring to resolve banking crises and the debt overhang.  Latin America’s experience yields relevant policy lessons for Europe on all these fronts, tempered only by the slight exception that sharp real devaluation, which was key to spearheading recovery in Latin America, is unfeasible in the eurozone. Struggling eurozone countries are caught between a rock and a hard place, as the currency union imposes strict policy constraints while the reintroduction of national currencies under conditions of crisis would be catastrophic. Nevertheless, contemporary Europe stands a better chance of recovery because, in contrast with the Latin America experience, the European Union possesses greater avenues for international cooperation. With respect to financial support, a resourceful European Central Bank able to avoid chaotic adjustment by brute force is a decisive advantage of Europe relative to Latin America, which only had access to the weaker and less reliable IMF. Arguably, the limited nature of external support strongly contributed to the depth of Latin America’s great collapses. European cooperation can explore and exhaust alternatives to a euro exit to the benefit of all union members and, if dissolution becomes unavoidable, ensure amicable support to ease the transition. The path to success remains uncharted, however, and implementation of the necessary regional mechanisms will require innovation and political will. If the available means of cooperation are not used effectively, crisis countries in Europe may fare worse than those in Latin America.

The European Union and Iranian Nuclear Power

International Nuclear Information System (INIS)

Drevet, Jean-Francois

2015-01-01

On 14 July 2015, after 12 years of repeated crises around the nuclear issue and the ambitions of Iran in that regard, an agreement was finally signed between Tehran and the members of the UN Security Council plus Germany. Restriction on the enrichment of uranium and the production of plutonium, a strengthening of the inspection regime, the lifting of sanctions against Iran from 2016 onwards, maintaining the arms embargo - these are, broadly speaking, the outlines of this agreement. It will become clear over time how it is to be applied. Above and beyond these aspects, it is probably in the negotiation process that led to the agreement that the greatest lessons are to be learned, at least for the European Union. After reminding us of the context and the role played by economic and financial sanctions, Jean-Francois Drevet goes more precisely into the analysis of the new role the Union has assumed in this diplomatic territory, showing the extent to which 'soft power', as seen in this negotiation, could apply to other conflicts, beginning with those in the Middle East. (author)

AN OVERVIEW OF FISCAL CONSOLIDATION PROCESS IN THE EUROPEAN UNION

Directory of Open Access Journals (Sweden)

Iulia Andreea Bucur

2014-12-01

Full Text Available This paper aims to explore, based on theoretical and empirical research in the field and on data available on Eurostat and European Commission, in the context of financial significant imbalances and thus of the financial stress in the EU countries and especially in the Euro area, the main developments in the fiscal consolidation process given the fiscal effort of each country towards fiscal union. Since the financial crisis started in 2008, many EU Member States demonstrates an obvious macroeconomic imbalance which requires increased responsibility regarding fiscal developments. The impact of the crisis and the causes of sovereign debt high levels trends varied between EU countries as well as the budget deficit levels. Thus, the main priority for EU members must be the continuation of differentiated fiscal consolidation, given the specificities of each economy, favoring growth. The medium-term fiscal policy needs to focus on consolidating public finances along with restoring long-term sustainability.

European Union: US Hegemonic Competitor

National Research Council Canada - National Science Library

Kellar, Ronald

2001-01-01

.... Intergovernmentalism in the European Community has evolved into an economic form of supranationalism with the persona change form Community to Union after ratification of the Treaty of Maastricht in 1993...

THE IMPACT OF THE FINANCIAL CRISIS ON THE EUROPEAN BANKS

Directory of Open Access Journals (Sweden)

DAVID DELIA

2012-07-01

Full Text Available The fast innovations existent on financial markets and the internationalization of cash-flows in the last decade led to changes within the banking industry making it unrecognized. The financial innovation within the banking industry, especially the one regarding the off-balance-sheet instruments has effects as the risk focus and the increase of volatility within the entire banking industry. As it is proved by the economic crisis, the financial stability plays an important role within the financial system as well as within the economy as a whole. At the moment, as the number of active financial institutions is getting higher and higher in one or more countries or on one or more continents, the financial stability at a worldwide level became even more important. The objective of this work is to emphasize the way in which the European banks were affected once with the global financial crisis. The economic crisis was triggered by the bankruptcy of the Lehman Brothers ‘ Investment Bank, in the autumn of 2008 and its effects were felt at the level of the European financial markets, a series of cross-border groups claiming interventions of the state in order for them to be saved. The intensity of the crisis was felt and it affected many states, the impact of these ones being influenced by a series of specific factors which outlined the situation of their financial system, at the moment of the crisis release. At the level of the European Union, a series of measures have been established in order to extinguish the identified dysfunctions at a financial field level, among which we mention: the improvement of the surveillance framework of those financial institutions having cross-border activity, the expansion of the communication and cooperation among the EU surveillance authorities and the ones outside the Union, etc. The conclusions of the study of this paper work in regards to the activity of the main European banks, especially to the ones from

European Union definitely introduces common taxes on energy

International Nuclear Information System (INIS)

Schoenweisner, R.

2003-01-01

In this paper taxes of the European Union on energy are reviewed. European Union Ministers of environment Council definitely ratified new common system of minimal energy taxes in last week. Council introduces par excellence minimal all-European size of an electricity, coal and natural gas consumption tax. New directive according to European Commission will improve operation of internal market and eliminate deformation of competitive environment among individual members as well as among mineral oils and the other energy sources. Slovak Republic taxes all motor fuel types by higher charge as is minimal level demanded by EU according to new directive after rising of consumable tax from mineral oils in August 2003. According to Minister of Finances Slovak Republic demanded European Union for a temporary 10-year period for utilizing electricity, coal, coke, and natural gas consumption tax. According to Ministry, Utilizing new taxes and rising of tax load is not in interest of started tax reform in Slovak Republic

Impact of the changing European Union regulations on Estonian accounting policies. Euroopa finantsaruandluse muudatuste sobivus Eestis

Directory of Open Access Journals (Sweden)

Maret Güldenkoh

2014-12-01

Full Text Available Financial reporting and audit activities are the areas to ensure the legitimacy of the everyday economic activities of the accounting entities. Financial reporting provides information on the past periods of the accounting entities; the audit activity is used to verify the accuracy of the recorded information and an assessment is given to the financial position of the audited entities. Auditing of financial statements prepared on the basis of historical financial information, results in increased reliability of the economic environment and stability of the financial environment of the state. The objective of this research was to assess the suitability of the European Union reporting principles for the auditing activity in Estonia. This objective was achieved with the following research tasks: 1 to provide an overview of the legal framework of the EU financial reporting and auditing activities; 2 to assess the problems related to the transposition of the legal framework in Estonia. The article consists of two parts, the first part provides an overview of the regulation of financial reporting and auditing activities in the European Union. The second part assess the impact of the European Union legislation on financial reporting and audit activities for the activities of the corresponding areas in Estonia. The research method used was a combined method, in the course of which legal acts were collected and analyzed, analysis of the data obtained from the commercial register was carried out and the impact of the Directive 2013/34 / EC to the accounting area of Estonia was assessed. Upon application of the Directive 2013/34/EU to the Estonia's legal framework, one cannot be sure that the desired administrative burden is reduced, rather it could bring along growth of the administrative burden for the accounting entities, which comprises the obligation of submission of additional reporting to various authorities. The reporting process could become more

The European platform for financial education as incentive for the national efforts in implementing financial literacy programs: The case of the Association of Serbian Banks

Directory of Open Access Journals (Sweden)

Sredojević Slađana

2017-01-01

Full Text Available A sustainable financial system relies on two pillars: the functional and healthy financial institutions, as well as the financially competent customers-investors-entrepreneurs. The responsibility for the implementation of training programs and preparation for the well-informed choice does not lie only with the natural persons and legal entities. This is a shared responsibility of different stakeholders: individuals, families, small and medium enterprises, public administration, the Ministry of Education, the financial services sector, employers and representatives of trade unions and consumer protection organizations as well as other civil society initiatives. A prime example of such an integrated approach towards the same goal is the European Platform for Financial Education, an initiative launched by the European Banking Federation, the European Banking Training Network and other institutions (professional associations, in February 2017 in Brussels as an incentive for the national level efforts in implementing the respective financial literacy programs. In this paper we analyzed the importance and role of the European Platform for Financial Education in the case of the Serbian banking sector through the activities of the Association of Serbian Banks. These activities will be implemented by the Association of Banks of Serbia continuously throughout the year, and after the celebration of the European Money Week on 27-31 March 2017.

THE EUROPEAN MECHANISM FOR FINANCIAL STABILITY AND THE EURO-PLUS PACT

Directory of Open Access Journals (Sweden)

AUGUSTIN FUEREA

2012-05-01

Full Text Available The economic crisis that has affected countries from all continents has generated, among others, also a strong financial crisis, which in turn, has caused serious imbalances in the economic and financial environment of EU Member States.Under these circumstances, the Council, being in an exceptional situation, “outside the control of Member States”, as it itself states in the Preamble to Regulation No. 407/2010, considered necessary, “the immediate establishment of a stabilization mechanism at EU level in order to maintain the financial stability in the European Union”, mechanism that “would enable the Union to respond in a coordinated, rapid and effective way to the serious difficulties undergone by a certain Member State”

THE FINANCIAL SETTLEMENT IN THE ENLARGEMENT OF THE EUROPEAN UNION: LESSONS FOR ROMANIA?

Directory of Open Access Journals (Sweden)

Alan Mayhew

2003-07-01

Full Text Available At the end of every European Union accession negotiation, there is a fight about finance. Yet finance is by no means the most important element of the negotiations. Matters affecting the vital interests of new and old members like the free movement of labour or the representation of the new member state in the institutions of the Union are usually far more important in the longer term. But it is easier for politicians to talk to voters about money than about policy. The budgetary negotiations in this first enlargement to the countries of Central and Eastern Europe were perhaps more important in that these are relatively poor countries compared to the Union average per capita gross domestic product. They all will have to invest heavily in transport and environmental infrastructure in the coming decades in order to catch up with the standards of the EU-15 and support higher economic growth and development. Assuming responsible macro-economic policy in the new member states, EU budgetary transfers can speed up this investment process considerably, allowing these countries to catch up with the old member states in terms of per capita income more quickly. Higher transfers to the new member states means of course larger net budgetary contributions for the old member states (EU-15. This comes at a time when budget deficits are high and rising throughout the EURO-zone and when member states are making politically controversial cuts in social spending. The fiscal discipline involved in membership of the monetary union and implementation of the Broad Economic Policy Guidelines therefore means that the existing member states of the Union are not keen to see their net budgetary position with Brussels deteriorate or even their gross contributions to the budget rise. This paper investigates the background to the budget negotiations and the political economy behind them.

Designing Supervision under the preventive Anti-money laundering policy in the European Union

OpenAIRE

van den Broek, Melissa

2014-01-01

Directive 2005/60/EC on the prevention of the use of the financial system for the purpose of money laundering and terrorist financing is currently one of the main instruments which regulates efforts to combat money laundering (and terrorist financing) in the European Union. Respecting national procedural autonomy, this directive leaves a high degree of freedom for the Member States in designing their own supervisory architectures under the preventive anti-money laundering policy. This contrib...

Nuclear power and European Union enlargement challenge

International Nuclear Information System (INIS)

Chirica, T.; Bilegan, C.; Pall, S.; Sandru, P.

2000-01-01

In the nuclear power sector, the main concern for the candidate countries entering the European Union, remains the nuclear safety. New standards and regulation will be issued for improving the general quality of life in a sound environment. For the candidate countries entering the European Union, this situation represents a real challenge. Their national legislation must be improved to meet the European standards. The conditions are different from country to country, and more difficult for those, which operate ''non west European reactor type''. The paper also present the actual status of the Romanian legislation related to nuclear power and environment. There are presented the principles, terms and responsibilities contained in this legislation. The authors discuss some aspects related to the possibilities to improve the national legislation to meet the actual European Commission or EURATOM standards. (author)

Public Investment and Economic Growth in The European Union Member States

Directory of Open Access Journals (Sweden)

Liliana DONATH

2009-06-01

Full Text Available The issue of public investments becamea very challenging subject for public decisionmakerssince it incorporates the question of stateperformance, the quality of public finance and theireffects on growth. The quality of public finance is amultidimensional concept. It may be regarded asrepresenting all the arrangements and operationsregarding the financial politics that sustain themacroeconomic objectives, particularly the longtermeconomic growth. Financial policies atEuropean level highlight the fact that a concentrationof the public expenses in areas that stimulate theeconomic growth and a more efficient use of thepublic resources are key methods for sustainingthe economic growth. The empirical proofs seem tosupport the assumption according to which certaintypes of public expenses can supply incentivesand other can negatively influence the economicgrowth. The paper tries to reveal the effects ofcapital spending on economic growth (GDP percapita for the European Union member states.The GDP per capita and the capital expenses(functional classification of public expenses -“COFOG” have been obtained by consideringthe Eurostat statistics, the measurement unit forboth variables is Euro, while the period of analysisis of 7 years (2000-2006.

Future of European Financial Supervision, Towards a European System of Financial Supervisors

NARCIS (Netherlands)

Arons, T.M.C.

The 2008 financial crisis made clear the shortcomings in the European structure of financial supervision. In the cur­rent system of financial supervision the financial supervi­sor of the home Member State is in principle the only autho­rity entitled to supervise financial institutions even in case

The European Fiscal Union creation process

Directory of Open Access Journals (Sweden)

Oleksandr Sharov

2015-06-01

Full Text Available The paper presents evolution of the European Union fiscal system creation process as well as outlines problems in functioning thereof that have arisen during recent years and the main reforming (modification trends. The analysis is primarily focused on creation of the fiscal union within the EU. In this regard, the idea of two different groups of countries moving to the common goal at different paces is becoming ever increasingly much-talked-about in the EU. The first group comprises donor countries that adhere to all treaties and fiscal discipline, while demonstrating respective positive macroeconomic indicators. The second group implies countries of Euro-periphery, where the above processes take place along with significant complications or do not occur at all. In these countries Eurosceptic positions are also quite strong, which often leads to taking measures contrary to the jointly adopted decisions. Currently, there is no clear understanding within the EU as to which way out of the crisis should be taken. However, profound understanding of the crisis causes and active work on preparation and implementation of measures to overcome the negative effects of this crisis suggest availability of sufficiently favorable prospects for further development of the EU fiscal system (including formal creation of the Fiscal Union. Based on the conducted analysis conclusions have been made as to potential vectors of action aimed at improving EU fiscal system, while specific recommendations on actions to be taken by Ukraine have been developed (particularly, as regards budget forecasting and planning with the purpose of harmonizing Ukrainian financial institutions and mechanisms with the EU fiscal system.

Politics and Policies of Promoting Multilingualism in the European Union

Science.gov (United States)

Romaine, Suzanne

2013-01-01

This article examines the politics of policies promoting multilingualism in the European Union (EU), specifically in light of the recently released European Union Civil Society Platform on Multilingualism. As the most far-reaching and ambitious policy document issued by the European Commission, the Platform warrants close scrutiny at a significant…

Brexit and the European Union

DEFF Research Database (Denmark)

Jensen, Mads Dagnis; Snaith, Holly

2018-01-01

When on 23 June 2016 a majority voted in favour of the United Kingdom (UK) leaving the European Union (EU), it generated a host of unknowns. Prior to the referendum, scholars had already started to anticipate the implications of a potential Brexit from different perspectives, including considering...... lie and suggesting where Britain’s exit will leave the greatest strategic vacuums. The subsequent analysis centres on the actors that will likely win and lose from the UK’s exit from the Union....

Nominal and Real Convergence as a Determinant for Joining the European Monetary Union

Directory of Open Access Journals (Sweden)

Kasumović Merim

2017-06-01

Full Text Available The thematic framework of this work is the nominal and real convergence as a determinant for joining the European monetary union. The focus of the work is to prove that realising the criteria of the convergence affects the stability of the European monetary union, that is, that the cause of destabilisation is exactly the fact that certain member nations have not realised the assigned convergence criteria. The financial integration is an important question because it contributes to the economic growth affecting free exchange with the goal of a more efficient allocation of capital; it is the result of the economic theory and the empirical research. Introducing the Euro as a single payment method while losing the monetary sovereignty of the countries which have accepted it is the main reason for forming the European Central Bank. The mission of the European Central Bank is to define and conduct a single monetary policy within the Eurozone. Because of the already mentioned facts, the challenges of conducting the fiscal policy within the Eurozone as well as the key aspects of the monetary unification of Europe have been analysed. The results of this analysis should point out the stability of the EMU by the convergence degree of the member nations from a single monetary area.

Organization and regulation of energy markets in the European Union

International Nuclear Information System (INIS)

Vasconcelos, J.

2002-01-01

The energy regulation policy and the organization of power matters in the European Union as well as the energy markets are discussed in this Keynote Paper. The Council of European Energy Regulators is introduced. The goal of the European Union regarding energy generation and consumption in the future are analyzed. (R.P.)

Information Guide: regionalism and separatism in the European Union

OpenAIRE

EDC, Cardiff

2013-01-01

A brief bibliography of information sources about current issues of regionalism and separatism in the European Union with a particular focus on Catalonia, Flanders and Scotland. This guide was compiled in connection with the event Regionalism and Separatism in the European Union held in the Cardiff EDC on 21 February 2013.

European Union Legal Methods - Moving Away From Integration

NARCIS (Netherlands)

Eckes, C.; Neergaard, U.; Nielsen, R.

2013-01-01

Notwithstanding the permanent state of crises of the European Union (EU or Union) in the past seven years, EU law continues to govern the legal relationships of individuals and Member States in ever more areas. Union law is self-reinforcing in the sense that it is constructed to increase in scope

Fiscal Revenues in the European Union. A Comparative Analysis

Directory of Open Access Journals (Sweden)

Gheorghe Hurduzeu

2014-12-01

Full Text Available The objective of this paper is to analyze fiscal revenues registered by the European Union member states in order to determine groups with similar fiscal structures, their composition and to identify the similarities that characterize European countries in this respect. The research conducted in this paper is relevant especially for countries as Romania, which is in the process of adopting the European single currency, as is allows us to determine which countries are similar in terms of fiscal structure so that the comparison is carried out mainly with those countries. The analysis of European fiscal structures allows a better identification of tax preferences within the European Union and highlights the types of taxation that would allow leeway in implementing long term fiscal strategies, which could lead to improvements in macroeconomic dynamics registered by each member state and also at Union level.

IMPLICATIONS OF BANKING SUPERVISION ACROSS THE EUROPEAN MONETARY UNION, A SOVEREIGN DEBT CRISIS UPDATE

Directory of Open Access Journals (Sweden)

Simona Elena IAGAR

2015-09-01

Full Text Available The current paper analyses the latest measures taken by the main European governing bodies with regard to the banking supervision across the European Monetary Union (EMU following the ‘sovereign debt crisis’ phenomenon and its continuing effects throughout the Euro zone for the last five years. Officially preaching financial integration in order to ensure stability of the European banking system, most often the European governing bodies amplify the exact phenomena they expect to reduce doing more harm to both creditors and depositors and ultimately leading to a more fragile business banking environment. The importance of banks is acknowledged at European institutional level as main channel through which the monetary policy is triggered across EMU, therefore active measures have been taken in this regard. Questioning the extent to which these measures are legitimate and meet the purposes that they claim, constitutes the aim of the present paper. Another close linked purpose is a better understanding of what stability means, why it is important and what makes stability occur in a banking system. Having understood and set the theoretical grounds, it therefore follows easily to analyse through this glance the latest actions pursued by the European financial governing bodies focusing on the ones addressing supervision of the banking sector within EMU. The paper concludes and provides a set of recommendations by reminding the nature and role of banks for the real economy, the same objective the European financial governing bodies’ target, but which they consistently fail to meet.

EUROPEAN DEVELOPMENT OF ECO‐MANAGEMENT AND AUDIT SCHEME (EMAS IN THE EUROPEAN UNION

Directory of Open Access Journals (Sweden)

Justyna SŁONIMIEC

2013-10-01

Full Text Available The paper presents the implementation of the Environmental Management and Audit Scheme System (EMAS in Poland and the European Union. It analyzes the existing rules on the implementation and the process of its implementation. It also defines the benefits and costs arising from the registration of organizations in the system. The paper presents the current status of implementation of EMAS in the European Union.

Rawls and the European Union

NARCIS (Netherlands)

Kamminga, Menno R.

2014-01-01

Renowned political philosopher John Rawls once expressed skepticism about the moral status of the European Union (EU). Yet generally EU scholars have either ignored Rawls or rather uncritically established positive links between his theory of domestic and international justice and the EU. This

The Virtual Enterprise – Citizen of the European Union

Directory of Open Access Journals (Sweden)

Andreea Davidescu (Vasile

2013-06-01

Full Text Available The Virtual Enterprise is a rather young and unclear concept in the business world. A virtual enterprise is a temporary network of companies that share their different resources in order to reach a given goal (the creation of a new product, or the entry on a new market and is a powerful tool in the hands of the business community. The question this article raises is whether European Union's businesses are able to take advantage of this opportunity within the European Union. We discuss several obstacles towards the creation of virtual enterprises: regulatory uncertainties, operational management that dismisses the advantage of an excellent infrastructure, the orientation of innovation creators towards theoretical research and the European business culture. The article also looks at research on the virtual enterprise in the European Union, the legal framework and technologies for virtualization.

ANALYSIS OF EUROPEAN UNION LEGISLATION ON TRADE

Directory of Open Access Journals (Sweden)

GRIBINCEA Lilia;

2016-12-01

Full Text Available On June 27, 2014 there was signed an Association Agreement between the Republic of Moldova, on one hand and the European Union and the European Atomic Energy Community and its Member States, on the other hand (hereinafter - the Association Agreement. The Association Agreement entered into force on 1 July 2016. The signing of the Association Agreement was as a result of the close ties between the parties established by the Partnership and Cooperation Agreement between the European Communities and their Member States, on the one hand, and the Republic of Moldova on the other hand, which develops within the European Neighborhood policy and the Eastern Partnership, as well as recognition of the shared desire of the parties to further develop, strengthen and expand their relationships. The Association Agreement contributes to the development of trade and economic relations between the parties. The Republic of Moldova is obliged to take necessary measures to ensure compliance with the objectives of Union's regulations and to follow the principles and practices set out in the relevant acquis of the Union. The Republic of Moldova will also gradually include relevant acquis of the Union in its legislation, in accordance with the provisions of the Association Agreement. The legislative background regulatory EU trade is subject studies only a small circle of researchers, approaches and sequential episodic in character, without being integrated into a systemic study, complex, integrated. The objectives of the research are to analyze the most important EU regulations on trade.

Federal and European Union Policy Making

DEFF Research Database (Denmark)

Dosenrode, Søren

By using the policy cycle approach, this paper compares the policy-process in a number of Anglo-Saxon type federations with the policy-process in continental-European style federations from within the European Union (EU) area.  The comparison would reveal: a) distinct different styles of policy...... making in European style federations in relation with the Anglo-Saxon ones. b) that the policy-process in the EU resembles that of the European style federations, and c) the Constitutional Treaty (CT) or a possible CT-light would strengthen the federal policy-making characteristics already present...

The management of financial resources intended for radioactive waste and decommissioning of the nuclear facilities in the european union

International Nuclear Information System (INIS)

Tatar, F.; Dima, A.; Glodeanu, F.; Miller, B.; Mosmonea, R.

2015-01-01

The European Commission has developed policies and made recommendations on how financial resources should be established and managed by Member States for the purpose of radioactive waste management. The manner in which these recommendations have been accepted, and are applied, varies between European countries. To some extent, this variation reflects the maturity of the nuclear programs in each country and whether or not nuclear facilities are largely state or privately owned and operated. This paper reviews the European Commission.s policy on financial resourcing for radioactive waste management and decommissioning and evaluates how financial resources are practically established and managed by Member States. The findings from the review are then used to benchmark the situation in Romania. (authors)

Kazakh Initiatives on Cooperation with European Union

Directory of Open Access Journals (Sweden)

Rustem S. Kurmanguzhin

2015-01-01

Full Text Available The author of this article presents initiatives of the Republic of Kazakhstan to develop cooperation with the European Union that was initiated through 2000 - 2009. In 2000 the Republic of Kazakhstan proposed to EU Comment cooperation doctrine in Central Asia. The purpose of the doctrine lied in expanding cooperation in the areas of trade, economy and investment; in granting access to commodities and services from European markets; in developing collaboration in the areas of energy, transport, communication, finance and banking. In 2006 Kazakhstan introduced a new set of prepossess to the new European Union Strategy for Central Asian 2007-2013 that was developed under the chairmanship of Germany of the EU in the first half of 2007. The Strategy covered areas of cooperation such as regional integration, economic development, democratization, energy and security. In 2008 under the instructions of the President of Kazakhstan Ministry of Foreign Affairs in cooperation with other ministries developed a state programme "Path to Europe" for 2009 - 2011, which aided the priorities of cooperation between Kazakhstan and the European Union. "Path to Europe" has become a key initiative of the Kazakh foreign policy that was successfully implemented, as well as the most important document aimed at modernization of the national economy and the Kazakh society. In the beginning of2009 using the accumulated positive experience of cooperation with the EU and experience of a number of countries in Europe and Asia, Kazakhstan devised and submitted a concept of a new treaty which was supposed to replace the Partnership and Cooperation Agreement of 1995. The Republic of Kazakhstan's influence eventually persuaded the European Union to agree on the necessity of devising the Enhanced Partnership and Cooperation Agreement.

Trans-European transport networks and urban systems in European Union

OpenAIRE

Maksin-Mićić Marija

2003-01-01

The trans-European transport network has different effects at interregional macro-regional and mezzo-regional level, and its effectiveness rises at the lower regional levels. Possible approaches to the trans-European transport network impact and effect survey and policy options have been pointed out. In that respect the brief review of survies, strategic framework and policies in European Union has been given. The importance of increased accessibility and mobility for regional expansion and f...

Un-National Normative Justification for European Union Foreign Policy

DEFF Research Database (Denmark)

Manners, Ian

2011-01-01

The European Union's foreign policy has traditionally been described in terms of national, supranational or transnational interests rather than being justified in terms of normative political theory. As European Commissioner Bonino declared over a decade ago, such differentiation between...... descriptive interests and normative ethics is unsustainable in European Union (EU) foreign policy. What are needed are normative justifications that can help inform political choices about foreign policy in the EU's democratic political order. In other words, what are the un-national normative justifications...

Denmark and the European Union

DEFF Research Database (Denmark)

Manners, Ian

2011-01-01

Over the past two decades Morten Kelstrup’s work has been at the centre of three important intellectual innovations in political science – the study of the EU as a regional political system; European security studies; and small states in European integration. Kelstrup’s best known books (Buzan, K...... of this book, two of Kelstrup’s most important intellectual contributions come from his work on Denmark’s relations with the European Union, and his use of systems theory to understand the EU.......Over the past two decades Morten Kelstrup’s work has been at the centre of three important intellectual innovations in political science – the study of the EU as a regional political system; European security studies; and small states in European integration. Kelstrup’s best known books (Buzan...

Road safety policy of the European Union.

NARCIS (Netherlands)

2013-01-01

The European Union (EU) is important for national road safety policies. The EU has several policymaking instruments, such as binding regulations and directives, and non-binding recommendations. An important element in the EU policy plans on road safety are the non-binding European road safety

Health statistics - Atlas on mortality in the European Union: 2009 edition

NARCIS (Netherlands)

Huisman, C.C.; Bonneux, L.G.A.

2009-01-01

Health statistics - Atlas on mortality in the European Union describes the situation regarding mortality in the Member States of the European Union. It is an update of an earlier publication published by Eurostat in 2002, based on data for the years 1994-1996. Since then the number of European

PPPs IN THE EUROPEAN UNION. GUIDELINES FOR ROMANIA?

Directory of Open Access Journals (Sweden)

Ciprian GORIŢĂ

2012-06-01

Full Text Available Several starting points could be used in an analysis on the possible routes for developing Public-Private Partnership1 (henceforth PPP projects in Romania, regarded as an alternative financing mechanism for public infrastructure. This paper follows a “classical” approach, with a focus on the pros and cons of the Public-Private Partnership concept, legal forms met in the European acquis, the Eurostat view on such projects in terms of the statistical classification of assets, financing and policy directions in the European Union and lessons learnt for practitioners in Romania, while taking into account the recent developments of the PPP market in the European Union

Improving of the financial statements forms of credit unions under stakeholders information needs

Directory of Open Access Journals (Sweden)

O.L. Bilyachenko

2016-07-01

Full Text Available The need for a satisfaction of credit union users’ information requests causes necessity to improve procedure of disclosure of financial information in their financial statements. Analysis of statistics on the activities of credit unions in Ukraine has allowed revealing decrease in their number on the background of organizational consolidation. The study of international financial reporting framework, regulatory documents on accounting and reporting in Ukraine provided an opportunity to identify deficiencies of the disclosure of information about credit unions’ business activities. The result of the study is that the balance sheet and a profit and loss statement for the credit union have been added by the items, which will more fully disclose the information on assets and liabilities, business activities income and costs. In addition, these changes will avoid duplication of such information in the specialized reports provided by credit unions to the National Commission for State Regulation of Financial Services Markets. In general, this will help to protect of credit unions members’ rights and will strengthen the depositors’ and creditors’ confidence in the credit unions activities.

European Union Harmonized Excise Taxation : Occasional Importation Process

OpenAIRE

Tanhua, Taina

2013-01-01

This thesis was written with the intent to compile the information related to occasional importation process and European Union harmonized taxation into a single package. The process is based on European Union legislation and the aim of it is to unify the taxation within the internal market area. The national excise duties are not part of the occasional importation process but are partly linked to it. The first part of the thesis discusses the occasional importation of goods subject to ha...

How EU Economic Integration Advances on the Way of Some Important Unions

Directory of Open Access Journals (Sweden)

PETRE PRISECARU

2015-05-01

Full Text Available Economic union and monetary union are deeply connected: two dimensions of the third stage of European integration. But achieving monetary union without a complete single market in the field of financial services proved the vulnerability of Eurozone to external shocks and the need to a further economic integration. While banking union has advanced quite fast in the last two years, capital markets union is only a project, also the fiscal union, which is the basic foundation of a true political union. A complete financial union will take a long time to accomplish due to many political, financial and bureaucratic obstacles facing such an ambitious project. Energy Union is another important project meant to remove market fragmentation, to enhance energy security and to reduce environmental impact of energy sector. Finally the political union, the last stage of European integration, the dream of many famous politicians and scholars, will be only possible on the long run as a new type of federation of nation states, provided that all components of economic union will be fully attained.

The analysis of food products retailing in European Union

Directory of Open Access Journals (Sweden)

Rapaić Stevan

2009-01-01

Full Text Available Author is analyzing a share of food products in the structural profile of retail trade in European Union by presenting areas of retailing in which food, beverages, and tobacco products are predominant. The main task of retailing is to overcome gaps in time and space between production and consumption, in order to meet the needs of consumers. This main task of retailing becomes more difficult considering the fact that the European Union consists of demanding consumers that expect all products, especially food, to be served to them at the most accessible places, in most suitable time, and with prices that coincide with the worth of products. In the structure of retail trade of the European Union, food products can be found in sector of non-specialised in-store retailing (hypermarkets, supermarkets, Cash&Carry stores as well as in sector of specialised in-store food retailing (butcher shops, bakeries, fish markets, etc.. Restructure of retailing, internationalization, and concentration of total retail trade network are only some of the basic trends in contemporary retail sale of food products in the European Union, that are being explored in this text.

Energy policies of the European Union

International Nuclear Information System (INIS)

Lyons, P.K.

1994-09-01

This report takes stock of what has been achieved and where the European Community is going in terms of energy policy and also looks at the full extent of the Union's energy sector competances. The chapters deal with the European Commission's programme to create an internal energy market through implementing new Directives and by means of an approach through competition. A further two chapters concentrate on environmental policy with respect to emissions control and the greenhouse effect. Two broad policy areas - Community Initiative and trans-European networks - are examined in a consideration of the connections between energy and economic and social cohesion. Security of supply is the fourth and traditional pillar of energy policy to be considered. Three policy areas which do not fit into these first four categories are dealt with in individual chapters. These are: nuclear issues, research and development, and a wider Europe. A concluding chapter suggests that there is an urgent need for a new way of dealing with energy in the European Union which has a myriad of policies affecting energy but no energy policy. The appendices include a document summary for each of the main chapters and a glossary. (UK)

PRINCIPLES OF STATE FINANCIAL CONTROL OF UKRAINE IN THE CONDITIONS OF EUROPEAN INTEGRATION

Directory of Open Access Journals (Sweden)

Yuliya Pustovit

2018-01-01

Ukraine. International principles of financial control are partly marked in the scientific literature of Ukraine, but it not enough in order that they become leading ideas, the fundamental basis of the financial control system development of European standard in Ukraine. Conclusions. It is suggested to improve the statutory provision of state financial control: to manage further development of conceptual bases of the system of state financial control principles, their classification; in branch legislation, to specify principles of state financial control in accordance with their kinds; to complement the Law of Ukraine “On Basic Principles of State Financial Control Realization in Ukraine.” The list of realization principles of state financial control in Ukraine that will become one of the meaningful steps on the way of European integration of Ukraine to the European Union is envisaged.

SPECIFIC ASPECTS OF THE PROCESS OF BANKING CONCENTRATION AND CONSOLIDATION IN THE EUROPEAN UNION

Directory of Open Access Journals (Sweden)

COPIL CRINA ANGELA

2015-04-01

Full Text Available In this paper I proposed to anaylze the main aspect that characterized the process of bank concentration and consolidation in the European union, knowing their evolutions and particularities on the European and world bank sector and the effects that they have on the banks and the economy altogether. I presented the evolution of the number of banks, evolution that reflects the degree of consolidation of the bank system. Based on the financial crisis begun in 2008 the number of credit institutions decreased continuously as a consequence of the processes of bank mergers and acquisitions generated by the uncertainties of the economic perspectives. Also I analyzed the evolution of the degree of bank concentration in the European countries, process that underlines the degree of domination of the banking market accomplished by some great banks. We consider essential the knowing of this process because the increase of the bank concentration leads to the creating of some bank entities with very large dimensions, that in the periods of crisis can generate macro economic imbalances by involving the state in their subventioning. The research is based mainly on compiled statistic data offered by the European Central Bank (BCE, data that are published annualy and that were processed to be able to offer an overview on the most important modifications that took place in the European union and in its representative countries.

THE "E TRIANGLE": EMPLOYMENT, EMPLOYEE AND EMPLOYER IN THE EUROPEAN UNION

Directory of Open Access Journals (Sweden)

Liviana Andreea Niminet

2016-06-01

Full Text Available One of the biggest forces of the European Union is its people, people living and working within this Union. This stands not only for the European Union but for every state, as it is well known that people are the ones that can make a state great or poor. For this reason, the matters regarding labor are a continuous concern both for European Union common institutions as well as for every individual state of the European Union. The main interest, on both sides, is to ensure the best for every part involved in labor process because this means, in the end, added value for everyone. The article focuses on the realities as well as on the expectations regarding the labor field highlighting the most preeminent aspects of the so called "E triangle": employment, employee and employer starting with the most needed definition for each and every one of the above going towards even to proposing remedies for the "spots" needing improvement.

Intersectionality in European Union policymaking

DEFF Research Database (Denmark)

Lombardo, Emanuela; Agustin, Lise Rolandsen

2016-01-01

is particularly apt to deal with equality and diversity in policymaking. By analysing a selection of European Union policy documents on gender-based violence in the period 2000–2014, we attend to the question of what intersectionality can bring to policymaking in terms of strengthening inclusiveness and address...

EUROPEAN UNION AND THE PROCESS OF GLOBALIZATION

Directory of Open Access Journals (Sweden)

Mihail CARADAICĂ

2014-05-01

Full Text Available What is the relation between globalization and the process of European integration? Does the European integration have its own way, or is it deeply dependent on globalization? Those are the main questions I will try to answer in this paper by using an alternative critical approach: neo-gramscianism. Neo-gramscianism is a historical materialist view on the European integration process and international political economy which offers a better understanding of the social changes in terms of social forces agency and super structural influence (the neoliberal ideology of globalization and European integration. My aim is to analyze the globalization process through a neo-gramscian theoretical framework and to observe how its main components affect European Integration. I will do this by assuming the definition of globalization provided by Andreas Bieler, who understands this process through three main pillars: transnationalization of finance, transnationalization of production and ideological shift from Keynesianism to neoliberalism. Finally I will try to formulate some conclusions regarding the emergence of European Round Table of Industrialists – the first lobby group of big capital at the European Union level – and Economic and Monetary Union – the internal market program that symbolizes the shift to neo-liberalism.

Comparison of property taxation systems in the European Union

Directory of Open Access Journals (Sweden)

Krzysztof Adam Firlej

2014-08-01

Full Text Available In this paper an attempt has been made to characterize theoretical and empirical determinants of property taxation systems in the European Union with particular emphasis on the fiscal functions of property tax. The study was conducted based on the method for the analysis and critique of literature. Within the theoretical framework, this study touches upon such issues as: theoretical considerations of property taxation and the classification of property taxation systems within the European Union with a distinction between value systems and surface systems. At the practical level characteristics have been established of property taxation volvasystems in the European Union considering the range of subjective and objective methods for determining and updating the tax base, as well as the amount of tax burden. Subsequently, an analysis has been done of the fiscal functions of property tax within the European Union. It has been noted that the role of the property tax in individual Member States of the European Union is different. Results indicate that the key cause of a significant variation in effects of a fiscal nature is the adopted method of determining the so-called tax value of the property (market value or rental value of the property, as determined for the purposes of establishing the tax base as well as accepted rates. It was found that tax revenues in countries where cadastral systems exist are much greater than in the case of surface systems. It should also be noted that, in countries where the dimension of property taxes is made conditional on the data collected in cadastral records, the tax potential varies, and the reasons for this state of affairs are the specific solutions adopted in particular European countries.

RENEWABLE ENERGY STRATEGIES: WHERE EUROPEAN UNION HEADED?

Directory of Open Access Journals (Sweden)

RADULESCU IRINA GABRIELA

2015-06-01

Full Text Available The states from European Union must take advantage from renewable energy sources in order to revive the economy. Climate change creates new jobs and could reduce energy imports which would stimulate the economy of those states. The European Union should support research in the field, apply more efficient policies in energy, and create economies of scale to get an integrated European energy market in which the main actors can reduce the cost of production of renewable energy. In addition, it is possible to use the comparative advantages of the Member States and not only, like Greece, through solar energy, Southern Mediterranean, through distribution networks interconnections with EU, Russia and Ukraine, through biomass and the North Sea, through wind energy. This paper refers to the evolution and trends of the renewable energy sources and presents some scenarios of it.

Emerging Administrations under European Union Rules

Directory of Open Access Journals (Sweden)

Bogdan Berceanu

2012-05-01

Full Text Available The idea of emergence is generally used to indicate the appearance of patterns, structures, orproperties that cannot be adequately explained by referring only to the system’s pre-existing componentsand their interactions. The term “emergence” has an interdisciplinary approach specific to administrativesciences, too. In this article, the concept of “emergence” signifies lato sensu a kind of change and it will beused to refer to countries that have a high volatility and that are in transition and to define the changes thatsuffer the public administrations of the countries which are part of the European construction. EuropeanUnion through its policies and legislation has a great impact on economic and social conditions in MemberStates. The aim of the paper is to present a theoretical approach on the dimension of emergingadministrations understood as changes and reforms that suffer the institutions from the EU member statesunder the pressure of the European Union rules. The study is using the concept of emergence to researchand to analyze the nature of the changes in the public administration starting from the approach of thesystems theory.

ROMANIA’S ASSENT TO THE EUROPEAN UNION – NATIONAL STRATEGY

Directory of Open Access Journals (Sweden)

Ioan HURJUI

2006-01-01

Full Text Available The historic context in which Romania’s steps regarding the assent into the communitarian structures are joined, can be placed under the sign of profound changes who interfered in the Romanian society after 1989 such as: the building of a democratic society and the instauration of a market economy, and also under the sign of a contradictory defiance among the European Union. Romania is the first central and eastern European country who established official relationships with the European Community. Romania addend to the European Union on the 1-st of january, 2007.

ROMANIAN SME-S AFTER INTEGRATION IN EUROPEAN UNION

Directory of Open Access Journals (Sweden)

Corina Ana BORCOŞI

2010-03-01

Full Text Available According with the White Charter of Romanian SME-s 2007, Romanian integration in European Union was considered a great opportunity for the 46,67% of SME-s, just 9,18% of SME-s consider it like a major threatening. Romanian integration in European Union gave us much benefits and big responsibilities for all participants to this complex and long action, which is integration. The influence of integration in EU for SME-s was manifested in some special directions like: human resource, quality and competitiveness, ethics in business.

The European Union in the grip of accumulated governance crises: the euro, the reform efforts, and the public-support dynamics

NARCIS (Netherlands)

Mamadouh, V.D.; van der Wusten, H.H.

2013-01-01

This paper considers how the 2008 banking crisis and the subsequent financial and economic crises - more specifically, the sovereign debt crisis of several European Union (EU) member states and the crisis of the euro, the common currency of the euro zone - affect the political geography of the EU.

Regulatory Regionalism and Education: The European Union in Central Asia

Science.gov (United States)

Jones, Peter

2010-01-01

This paper investigates the purchase which Jayasuriya's regulatory regionalism approach offers for an analysis of the European Union's engagement in Central Asia. The European Union has a clearly articulated strategy through which to pursue what it sees as its interests in Central Asia and the development of a range of EU-Central Asia education…

IDENTITY AND THE EUROPEAN UNION

Directory of Open Access Journals (Sweden)

Abrudan Cristina

2008-05-01

Full Text Available The purpose of this article is to throw some light on the question of identity in the European Union. The challenge is to understand how identity formation takes place in the contemporary world. The European integration has to be understood both as a process of socio-economic convergence among European states but also as a process of co-operation on different other levels, too. It seems that cultures, traditions and interests are more and more interconnected as societies become increasingly multicultural. This is the reason why people are concerned with the concept of identity and the recognition of their uniqueness in terms of traditions, values and ways of lives.

The European Union renewable directive: The policy-making process and the stakeholders positions

Energy Technology Data Exchange (ETDEWEB)

Gullberg, Anne Therese

2011-07-01

This working paper focuses on the proposal for a renewable energy directive in the European Union (EU), which main aim is to increase the share of renewable energy sources in EU energy consumption from 8.5 to 20 per cent by 2020. It accounts for the legislative process, from the drafting and consultation stage to the final directive was formally adopted in April 2009, and in particular the proposal of binding interim targets and financial penalty. The formal proposals as well as the stakeholders positions on this issue are examined.(auth)

SCENARIOS REGARDING THE FUTURE OF THE EUROPEAN UNION

Directory of Open Access Journals (Sweden)

PAUL-IULIAN NEDELCU

2013-05-01

Full Text Available This work has as purpose to argumentatively identify the future evolution of the European construction, identifying a potential scenario which would settle the current contradiction within the European Union, namely the existence of a true “economic federation” and of only a “political quasi-confederation” , being notorious the fact that in Europe, federalism is mainly known as a specific solution of power assignment between the institutions of a central power and those of the member states (for federal states or as a potential model of transnational integration (for the European Union and even for regionalism within certain states (Spain, Italy, France. It shall be tried the decryption of the philosophical and legal base of federalism as a doctrine able to provide a solution of state’s organisation in the conditions of the European integration.

EUROPEAN UNION POLICIES FOR CLIMATE CHANGE MITIGATION

Directory of Open Access Journals (Sweden)

Paul Canter

2017-07-01

Full Text Available Climate change is one of the most important challenges that humanity faces in the 21st century, and for the European Union, combating this phenomenon represents an important element, which is reflected both in the actions carried out in recent years, domestically and internationally, as well as in the EU policy on climate change. Within the EU, regulations were adopted, that demonstrate the importance that the Union confers to the limitation of this phenomenon, stressing at the same time the need for an integrated policy framework to ensure the security for potential investors and a coordinated approach between Member States. This paper will present recent developments for the most important policies to combat and mitigate climate change in the European Union, starting with "20-20-20" objectives, which are to be met through the package "Energy-Climate Change", continuing with 2030 and 2050 timeframes, and finally presenting the main lines of action to combat climate change.

SOME CRITICAL ASPECTS CONCERNING THE INSTITUTIONAL SYSTEM OF EUROPEAN UNION

Directory of Open Access Journals (Sweden)

Timofte Claudia Simona

2013-07-01

Full Text Available In this paper we want to clarify and understand the decisional process in European which is related to the determination of the identity of the Union, answering to several questions concerning the implementation of the European Union into an organization, the different relations with other organizations and with the international law. In the family of the international organizations, the European Union has its own place because it realizes an economic integration project and a political one, a supranational but refusing the traditional categories of constitution and the international law. Qualifying as an international organization sui generis, EU developed a new legal order, deciding to create a supranational organization, formed by Member States and their citizens. The integration process is a permanent challenge opened to a new and developing process for solving all the internal and external problems of the EU. The States have an international "sensitivity" when the application of EU rules exceeds their obligations laid down in the Treaties to third countries and international organizations to which they have not exempted obligations. It was argued that the concept of "demos" or acting people is intrinsically linked to that of the nation-State. The issue of democratic deficit of the European Union is bound to four basic problems: the construction as a whole and therefore of the institutional system, under the principle of conferral, the Union shall act only within the limits that Member States have been conferred in the Treaties to attain the objectives that they set, The Treaty of Lisbon reinforces the legitimacy of the operation of the Union based on free and democratic will expressed by Member States. European construction is achieved through a democratic transfer of competences of the democratic States to a Commission subject to a weak democratic control, while the European Central Bank preserves absolute dominion over its monetary policy

European union standards for tuberculosis care.

Science.gov (United States)

Migliori, G B; Zellweger, J P; Abubakar, I; Ibraim, E; Caminero, J A; De Vries, G; D'Ambrosio, L; Centis, R; Sotgiu, G; Menegale, O; Kliiman, K; Aksamit, T; Cirillo, D M; Danilovits, M; Dara, M; Dheda, K; Dinh-Xuan, A T; Kluge, H; Lange, C; Leimane, V; Loddenkemper, R; Nicod, L P; Raviglione, M C; Spanevello, A; Thomsen, V Ø; Villar, M; Wanlin, M; Wedzicha, J A; Zumla, A; Blasi, F; Huitric, E; Sandgren, A; Manissero, D

2012-04-01

The European Centre for Disease Prevention and Control (ECDC) and the European Respiratory Society (ERS) jointly developed European Union Standards for Tuberculosis Care (ESTC) aimed at providing European Union (EU)-tailored standards for the diagnosis, treatment and prevention of tuberculosis (TB). The International Standards for TB Care (ISTC) were developed in the global context and are not always adapted to the EU setting and practices. The majority of EU countries have the resources and capacity to implement higher standards to further secure quality TB diagnosis, treatment and prevention. On this basis, the ESTC were developed as standards specifically tailored to the EU setting. A panel of 30 international experts, led by a writing group and the ERS and ECDC, identified and developed the 21 ESTC in the areas of diagnosis, treatment, HIV and comorbid conditions, and public health and prevention. The ISTCs formed the basis for the 21 standards, upon which additional EU adaptations and supplements were developed. These patient-centred standards are targeted to clinicians and public health workers, providing an easy-to-use resource, guiding through all required activities to ensure optimal diagnosis, treatment and prevention of TB. These will support EU health programmes to identify and develop optimal procedures for TB care, control and elimination.

Contribution of the EU Budget to the Implementation of the Social Cohesion Policy of the European Union

Directory of Open Access Journals (Sweden)

Katarzyna Stabryła-Chudzio

2016-04-01

Full Text Available Objective: The aim of the present study is to examine whether the European Union budget comprises significant resources for financing measures relating to social cohesion. The analysis is based on the contents of the Europe 2020 Strategy. Given the constraints of space and for the sake of clarity of the argument, the author focuses on the role of the EU budget rather than all measures aimed at social cohesion undertaken by EU institutions or targeted by policies of individual Member States.Methodology: Documents, studies and reports published by the European Commission constitute the main source of information. In addition, the author has taken into account macroeconomic data demonstrating the deterioration of the social situation since 2009, as well as the instruments that the European Commission has deployed since 2013 in order to respond to post-crisis challenges.Conclusions: It can be roughly estimated that more than 40 percent of total resources within the Multiannual Financial Framework 2014–2020 shall be allocated to the social cohesion policy. Opportunities afforded by the implementation of the Europe 2020 Strategy include primarily the definition of objectives whose priority is indisputable and the introduction of the hitherto neglected analysis of certain socio-economic indicators, classified by country or region and, in certain cases, examined in more detail than required by the European Commission. The monitoring of objectives is conducive to the introduction of new solutions and implementation tools, as exemplified by the new instruments within the Multiannual Financial Framework 2014–2020, as well as the adjustment of available funds in light of the most pressing challenges. The European Semester has facilitated the task of comparing progress in strategy implementation by individual Member States, as well as the provision of recommendations for each of them and an individualized approach.Research implications: This article

Rural development in the European Union: the concept and the policy

Directory of Open Access Journals (Sweden)

Rosa Gallardo-Cobos

2010-12-01

Full Text Available Rural areas are key elements that underpin the social and economic European territory and shape its landscape. The rural setting is a dynamic concept, able to distinguish three stages on how the European Union (EU understands “rural”: rural as image, rural as local, and rural as a social construction. The evolution of the concept is reflected in the need to adapt the approach used to address rural issues, and consequently the political design for rural development. Thus, under the term Rural Development, the EU has included and mixed very different issues, supporting measures and equally heterogeneous financial instruments. For the purpose of supporting the European rural world the two main EU policies have come together: the agricultural and the regional policies. So, Rural Development in the EU has been navigating between the sectorial policy and the territorial policy. At a time of redefinition of European priorities and policies for 2013, territorial cohesion, rural/urban articulation, social partnership, institutional cooperation, environmental sustainability, and governance (flexible and multilevel are the fundamental elements upon which a policy should rest that is addressed to ensure the existence of a living countryside, inhabitable and friendly environment.

The effects of a new financial supervisory system on consolidation in banking sector

OpenAIRE

Novickytė, L.

2012-01-01

The recent financial turmoil has prompted to review the current financial regulatory framework mechanism. The present financial system reform could be a cause of the integration and consolidation processes in banking, because banks play a very important role in the economy. This article examines the changes of European Union's financial system, regulatory rules, and extending the potential of the financial sector perspective. This paper attempts to evaluate the European Union financial struct...

Sustainability Begets Unsustainability?: The European Union's Drive ...

African Journals Online (AJOL)

The mandatory target for the European Union (EU) for the use of renewable energy in transport by the year 2020 has created a situation where the African continent has witnessed a number of European agricultural firms gaining access to large tracts of land in order to grow crops for the production of agrofuels. This article ...

MUTATIONS OF AUTOMOBILE INDUSTRY IN THE EUROPEAN UNION IN THE WORLD CRISIS CONDITIONS

Directory of Open Access Journals (Sweden)

Mircea Alexandru RĂDUŢEANU

2012-01-01

Full Text Available Global technical harmonization is considered a driver of international competitiveness of the European automotive industry, with improving global competitiveness of European industry and creating automotive jobs in terms of environmental protection and road safety. The global economic crisis, the European Union had to take some measures to protect the automotive sector, using the investment in innovative technologies to facilitate consumer credit, and financial incentives for people who choose to sell old car and buy a new one. Referring to the importance of the issues examined in Europe today, automotive industry become very substantial, competition is fierce and the pace of change is emphasized. Thus, we have presented in this paper the general characteristics of the motor car industry in Europe and how it was influenced by the global crisis, and then to review the evolution of this sector in Romania and how they are feeling the crisis.

Possible Outcomes of Brexit for European Union Development

Directory of Open Access Journals (Sweden)

Nikolay Y. Kaveshnikov

2016-01-01

Full Text Available The article discusses some implications of the Brexit referendum for institutional and political development of the European Union and for relations between the EU and the UK. The most obvious consequence of the referendum is the collapse of ideology of continuous and progressing development of integration. Instead of endless, irreversible, a priori beneficial for everyone integration process, the European Union has become an organization that does not have a Messianic goal and obliged to prove its usefulness in everyday life. EU systemic crisis will inevitably lead to a profound transformation of its institutional and political structure. After the British referendum, only two options are possible. First of all, partial deconstruction of the European Union. The idea that European integration has gone too far lies in the basis of this strategy. According to this logic, the single market is the main EU achievement. Return to the basics - this is a pragmatic approach to integration, which should replace attempts to fix rotten projects (like Euro or to achieve the unattainable (political Union. This option is hardly probable. Second option is transformation of the EU into the "core and periphery" system having the basis flexible integration. Over the past 20 years, flexibility transformed from temporary phenomenon into a permanent and formalized mechanism; its elements exist in many EU politics. Brexit would be able to accelerate significantly the formation of a cohesive core within the Eu. The core will not be homogeneous; it will include as governing structures: the German-French axis and a group of EU founding countries.

Legislative amendments and informal politics in the European Union

DEFF Research Database (Denmark)

Cross, James P.; Hermansson, Henrik

2017-01-01

the Commission’s proposals and the final legislative outcome passed by the European Union. It does so by implementing minimum edit distance algorithms to measure changes between legislative proposals and outcomes. The findings suggest that legislative amendments are determined by the formal and informal...... institutional structures in which negotiations take place and characteristics of the proposal itself. Our conclusions contribute to the ongoing debate on the nature and distribution of legislative powers in the European Union....

ANALYSIS OF LABOUR MARKET IN ROMANIA AND THE EUROPEAN UNION

Directory of Open Access Journals (Sweden)

Tanase Diana

2013-07-01

Full Text Available The paper aims at analysing the labour market, one of the most complex forms of market in economy. The present work forwards a comparative survey regarding the labour market in Romania and in the other European Union member states. The paper starts by highlighting general aspects related to labour market and continues by the presentation of the European Union countries’ ranking according to the labour market efficiency, top elaborated on the basis of the World Economic Forum data. Furthermore, the paper analyses labour productiveness, employment rate and unemployment rate both in Romania and in the other countries of the European Union. In the end the authors forward conclusions regarding the possibilities of increasing competitiveness on Romania’s labour market.

Strengthening the European Union Climate and Energy Package to build a low carbon, competitive and energy secure european union

Energy Technology Data Exchange (ETDEWEB)

Guerin, Emmanuel; Spencer, Thomas

2011-10-11

Immediate action to strengthen the European Union Climate and Energy Package (EU CEP) is needed to ensure Europe's sustained growth, competitiveness and energy security. Indeed, the current 20% emissions reduction target is too low to reach the European long-term goal of reducing emissions by at least 80% by 2050 at acceptable costs. But the EU CEP is also inefficient to address sustainable potential competitiveness losses and carbon leakages in some carbon intensive industries, and most importantly to boost fully the competitiveness of firms producing low-carbon products and services. Moving to 30% by 2020 could induce significant long-term GDP gains and only marginal GDP short-term costs, increase the competitiveness of European firms producing innovative low-carbon technologies, and reduce both final energy consumption and EU energy dependency. But for these objectives to be met, the contents of policies to reach this 30% target is as important as the target itself. There are three main areas in which the EU CEP needs strengthening: (1) Improvement of the energy efficiency of the existing building stocks, and limitation of the absolute level of energy consumption in the transport sector are needed to reach the 20% energy efficiency target. Binding targets should only be used when absolutely necessary and when helpful. (2) From an economic, environmental and political perspective, setting a stringent European Union Emission Trading System (EU ETS) 2030 cap between -45 and -50% from 2005 levels is probably the most relevant, efficient, and realistic option in the short term. It would increase the predictability of the carbon price signal, and therefore the credibility of the regulator. Banking would ensure that this stringent mid-term target translates into a short-term increase of the carbon price. (3) In some cases, direct public financial support is justified and efficient: to overcome market failures and non-market barriers; to support innovation in low

Strengthening the European Union Climate and Energy Package to build a low carbon, competitive and energy secure european union

International Nuclear Information System (INIS)

Guerin, Emmanuel; Spencer, Thomas

2011-01-01

Immediate action to strengthen the European Union Climate and Energy Package (EU CEP) is needed to ensure Europe's sustained growth, competitiveness and energy security. Indeed, the current 20% emissions reduction target is too low to reach the European long-term goal of reducing emissions by at least 80% by 2050 at acceptable costs. But the EU CEP is also inefficient to address sustainable potential competitiveness losses and carbon leakages in some carbon intensive industries, and most importantly to boost fully the competitiveness of firms producing low-carbon products and services. Moving to 30% by 2020 could induce significant long-term GDP gains and only marginal GDP short-term costs, increase the competitiveness of European firms producing innovative low-carbon technologies, and reduce both final energy consumption and EU energy dependency. But for these objectives to be met, the contents of policies to reach this 30% target is as important as the target itself. There are three main areas in which the EU CEP needs strengthening: (1) Improvement of the energy efficiency of the existing building stocks, and limitation of the absolute level of energy consumption in the transport sector are needed to reach the 20% energy efficiency target. Binding targets should only be used when absolutely necessary and when helpful. (2) From an economic, environmental and political perspective, setting a stringent European Union Emission Trading System (EU ETS) 2030 cap between -45 and -50% from 2005 levels is probably the most relevant, efficient, and realistic option in the short term. It would increase the predictability of the carbon price signal, and therefore the credibility of the regulator. Banking would ensure that this stringent mid-term target translates into a short-term increase of the carbon price. (3) In some cases, direct public financial support is justified and efficient: to overcome market failures and non-market barriers; to support innovation in low

EXPERIENCES AND TENDENCIES TO DECENTRALIZE THE CAPABILITIES OF THE ECONOMIC POLICY AT THE EUROPEAN UNION LEVEL

Directory of Open Access Journals (Sweden)

Dodescu Anca

2011-07-01

Full Text Available Romania's integration in the European Union implies, apart the complex process of policy transfer, the learning of new modes to make policies characteristic to a multi-level governance and partnership culture. Of the different levels of governance of the European model, the regional level ("regional governance" most faithfully reflects, in our opinion, the complexity of reconfiguring the role of state in economy, at the beginning of this new millennium, in the European Union space and presents the highest practical importance for Romania, as a new Member State of the European Union, for, at the regional level, the structures are more flexible and the good practices are more rapidly assimilable. The selection of the best regional growth and development economic policies, the choosing of the objectives out of a series of competing options, the calibration in time and space of powers, roles, capabilities, and responsibilities and the encouragement of the win-win solutions call upon the choice and combination of some appropriate and efficient instruments. Representative for the new context, the regional growth and development policy must integrate, in Romania too, more knowledge, more creativity, new combinations of capabilities and new fields of expertise. This paper presents preliminary research results afferent to the post-doctoral research project: "Growth and regional development economic policies. Challenges for Romania in the context of economic-financial crisis and European model integration", carried out in the project "Economic scientific research, reliance of human welfare and development in European context", the Romanian Academy, "Costin C. Kiriţescu" National Institute for Economic Research, project financed for the 2010-2013 period from the European Social Fund (EFS and implemented by the Romanian Academy, Costin C. Kiritescu National Institute for Economic Research, in the period of time 1 December 2010 - 30 November 2012

European Union Budget Politics

DEFF Research Database (Denmark)

Citi, Manuele

2015-01-01

The marginal involvement of the European Union (EU) in redistributive policies and its limited fiscal resources have led to a notable lack of attention by EU scholars towards the EU budget and its dynamics. Yet the nature of the budgetary data and their high usability for statistical analysis make...... to form winning coalitions in the Council, the ideological positioning of the co-legislators and the inclusion of the cohesion countries have played a significant role in driving budget change....

European Union, 2017

Directory of Open Access Journals (Sweden)

Malone Margaret Mary

2018-02-01

Full Text Available The year 2017 was eventful for the EU and its member states. Given the widespread Euroscepticism and populism which appeared to be on the rise last year, election results in the Netherlands, France and Germany were greeted with relief and hope for the future. The EU was in an optimistic mood. European Commission President Jean- Claude Juncker used his State of the European Union speech in September to note that the EU had the ‘wind in its sails’ (Juncker, 2017. At the same time, he cautioned that the fair weather conditions would not last long - there was no room for complacency. The EU had to act to protect, empower and defend its citizens. The EU moved forward on a number of policy fronts in the wake of the Brexit vote and also concluded high-profile international trade deals in an effort to fill the vacuum left by the protectionist policies of the Trump administration.

Photovoltaic remuneration policies in the European Union

International Nuclear Information System (INIS)

Sarasa-Maestro, Carlos J.; Dufo-López, Rodolfo; Bernal-Agustín, José L.

2013-01-01

The purpose of this paper is to study the development of photovoltaic (PV) systems in some countries of the European Union (EU). We establish the stage of development of each country, their short- and long-term degree of compliance and the trends of international investors favouring one market or another. EU countries employ four major types of programs to encourage PV use: (1) feed in tariffs (FIT), (2) green certificates with a quota system, (3) investment and tax incentives, and (4) bids on the quota system. The FIT is the most widely used program to create incentives for the use of PV systems. During the past two years, PV tariffs have been reduced in many European countries. Investments in PV are still attractive, in some cases even overly generous with respect to the financial landscape in the world. This paper shows, for each country, the type of incentive and the trends in and forecast for installed capacity and calculates the internal rate of return (IRR) for investment in grid-connected PV systems. - Highlights: ► This work shows the EU positioning on development of photovoltaic (PV) systems. ► The installed power and the internal rate of return have been used as reference. ► The existing programs in relation to pay and incentives have been reviewed

Sustainable development and energy in the european union

International Nuclear Information System (INIS)

Roth, A.

2013-01-01

Sustainable development represents a core objective of the European Union, being embodied through out its major polices. In the field of energy, the EU objectives, commonly known as ä20-20-20ö initiative, aim at ensuring a competitive, secure and sustainable energy for European households and industries by reducing the emissions of green house gases, an efficient use on energy and increasing the use of renewable energy. The present paper draws a review on the most important aspects of EU energy policy, its measures, results and costs from the perspective of security of supply, competitiveness of price and green house gases emissions. The aim is to highlight the trade offs which are involved in the orientation towards a sustainable path of the energetic sector of the European Union. (authors)

The European Union: a strategic approach

Directory of Open Access Journals (Sweden)

Lieve Fransen

2007-01-01

Full Text Available The European Union has developed policies and instruments that address – both directly and indirectly – sexual violence in conflict and beyond. Policy areas that are important in this respect include human rights, gender equality, development cooperation, humanitarian aid and conflict prevention.

A New Perspective of Investment Modelling at the European Union Level

Directory of Open Access Journals (Sweden)

Alin OPREANA

2015-08-01

Full Text Available The study that represents the subject of this paper follows the analysis of the investment function and the influencing factors at the European Union level. The research has, as a starting point, the hypothesis that there is a negative relationship between the European Union investments and tax rates. For verifying this hypothesis, the structural equation modeling is used (SEM, and the same technique is applied in the second part of the research, which will track the development of the investments’ model at the European Union level. The results will highlight the relationships that are established between specific variables that characterize the volume of investments.

New challenges for the modern migration policy of the European Union

OpenAIRE

Malykha Mariia Igorivna

2015-01-01

The article analyses the migration policy of the European Union in the context of contemporary global development and the existing European migration crisis. The article explains factors and principles of migration policy. The researcher pays attention to the measures aimed to overcome the crisis of migrants in the Union members.

562,3 MWP installed in european union

International Nuclear Information System (INIS)

Anon.

2004-01-01

In the end, the growth problems that were announced for the European photovoltaic market did not happen. With 170 MWp of additional capacity installed in the European Union 2003 has marked a new record high in installations bringing European installed capacity up to the neighbourhood of 562 MWp. While this sector's expansion has been remarkable (+ 43.4 % with respect to 2002), a lot of questions still remain with respect to the true will of certain countries to develop this form of energy. (author)

Mortality trends for tuberculosis in European Union countries, 2000-2010.

Science.gov (United States)

Al-Rahamneh, Moad J; Al-Rahamneh, Anas; Guillén-Grima, Francisco; Arnedo-Pena, Alberto; Aguinaga-Ontoso, Inés

The objective of this study was to update and analyze tuberculosis (TB) mortality data in the European Union between 2000 and 2010 separately for men and women and try to detect if there have been any changes in trends in each country and the association with the economic situation and inequalities. Data were extracted for tuberculosis deaths in 2000-2010 for 29 European Union countries and for Switzerland, via the World Health Organization (WHO) European detailed mortality database (DMDB), using the Mortality tabulation list 1 (MTL1) codes for men and women separately for one age group (20-85+). We estimated age-standardised mortality rates, and analyzed data using the Joinpoint Regression Program for men and women separately in the European Union overall and by individual country for each year. Between 2000 and 2010, there were 68,771 recorded tuberculosis deaths in the European Union and the mortality rates were higher for men than women in the entire study zone. Overall, TB mortality rates declined linearly for both genders, but more in women than in men (from 5.43/100,000 in 2000 to 2.59/100,000 in 2010 in men and from 1.37/100,000 in 2000 to 0.51/100,000 in 2010 in women). There was decline in both genders for the entire study period, with a significant Estimated Annual Percentage Change (EAPC) of -8.1 for women and -7 for men when alphaEuropean Union decreased overall in 2000-2010 for both genders. Men have higher TB mortality rates than women in all countries. Our findings were consistent with the downward TB mortality trend in many other countries worldwide. Copyright © 2017 Elsevier España, S.L.U. and Sociedad Española de Enfermedades Infecciosas y Microbiología Clínica. All rights reserved.

New challenges for the modern migration policy of the European Union

Directory of Open Access Journals (Sweden)

Malykha Mariia Igorivna

2015-12-01

Full Text Available The article analyses the migration policy of the European Union in the context of contemporary global development and the existing European migration crisis. The article explains factors and principles of migration policy. The researcher pays attention to the measures aimed to overcome the crisis of migrants in the Union members.

DEVELOPMENTS FUNDED BY THE EUROPEAN UNION IN THE SERVICE OF URBAN DESIGN IN THE NORTH GREAT PLAIN REGION (HUNGARY

Directory of Open Access Journals (Sweden)

Bence MONYÓK

2017-05-01

Full Text Available One of the most important elements of place marketing is the creation of an attractive urban landscape which require significant financial resources. For this reason local authorities of Central Europe use regional policy grants from European Union for this purpose. In the light of the above, the aim of this paper is to examine the role of European Union grants in the improvement of the built environment in North Great Plain Region (Hungary, one of the least developed regions of Hungary. In the course of the above, on the one hand, we intend to provide a general overview of the situation in Hajdú-Bihar County, also located in this region, and on the other hand, through the example of a specific settlement, we will also present the processes in detail.

Dividends and share repurchases in the European Union

NARCIS (Netherlands)

von Eije, Henk; Megginson, William L.

We examine cash dividends and share repurchases from 1989 to 2005 in the 15 nations that were members of the European Union before May 2004. As ill the United States, the fraction of European firms paying dividends declines, while total real dividends paid increase and share repurchases surge. We

The European Financial Market Stress Index

OpenAIRE

Shaen Corbet

2014-01-01

This research constructs and develops a financial stress index based on European financial markets. The integration of numerous sovereign states has created difficulty identifying stress in any one single financial component, but incorporating twenty-three headline European stress indicators across equities, bonds and currencies, in terms of both spreads and levels offer substantial explanatory benefits. The incorporation of a logistical framework specifically analysing the levels, volatility...

Economic Cooperation Between The European Union And Japan

Directory of Open Access Journals (Sweden)

Drzymała Agnieszka

2017-06-01

Full Text Available The aim of the paper is to show the history of economic relations between the European Union and Japan. This economy is very important to the EU and the countries of the EU are interested in further deepening areas of cooperation. Therefore it seems important to indicate the political will to continue mutual economic relations through the signing of contracts and bilateral agreements, as well as meetings at various levels, including SPA and EPA negotiations and summits. The course of the current economic cooperation will be shown through trade volume and foreign direct investment outflows from the European Union to Japan.

Recent Migrants and Education in the European Union

Science.gov (United States)

Osadan, Robert; Reid, Elizabeth

2016-01-01

European schools should improve their methods for teaching migrant students. The European Union has been making efforts to meet the needs of migrant students for some time. From the 2009 Eurydice report "Integrating Immigrant Children into Schools in Europe," which suggests measures to foster inclusion in the larger community and…

Public Budgetary Policy Associated with the Requirements of the European Union Integration

Directory of Open Access Journals (Sweden)

Georgeta DRAGOMIR

2006-10-01

Full Text Available In the complex process of accession to the European Union and the entry into the Euro Zone, Romania is bound to focus its efforts withinfinalizing the necessary reforms for fulfilling its commitments. Economic boost, low inflation, budget deficit remained within sustainable and stableexchange rates, all represent priorities and benchmarks of the European construction. In each state, budgetary policy is a result of the elaborationproject of several categories of related budgets that make up a system. The budget system is variable depending on the organizational structure ofeach state: unitary type (France, England, Sweden etc. and federal type (U.S., Canada, Switzerland, etc.. In Romania the need of resources at thelevel of society and their possibilities are reflected in the general consolidated budget. The law on Public Finances indicates that the management ofpublic financial resources is carried out by a unified budget system.

From Representation to Participation: A More Democratic European Union?

Directory of Open Access Journals (Sweden)

Marcela Monica Stoica

2012-05-01

Full Text Available The present paper analyzes the evolution and characteristics of the democratic process in theEuropean Union from the perspective of political science using the recent theories in this field. Following theentry into force, the Treaty of Lisbon establishes the principle of participatory democracy that puts the focusof the European citizen, a citizen who is actively involved in European Union life, strengthening EU - citizenrelationship. The essence of participatory democracy is the destruction of political apathy and the maximizingof active participation of citizens in the democratic tasks. So, the basic principle of the participatorydemocracy is solidarity. The results of this analysis show that although participatory democracy is establishedin the European law, citizens are less involved in the decision-making in EU and are more and moreindividual, contradicting thus the very foundations of this type of democracy.

TURKEY’S ACCESSION TO THE EUROPEAN UNION – PRESENT OR PERSPECTIVES?

Directory of Open Access Journals (Sweden)

Ileana Voica

2017-12-01

Full Text Available The enlargement of the European Union is a sui generis process, which involves internal preparation of the candidate countries, the European Union and accession negotiations as well. The EU enlargement process is based on the desire to create a close relationschip between the European countries in a common economic and political project. Guided by tha values of the European Union and subject to strict conditions, the enlargement proved to be one of the most effective tools for promoting political, economic and social reforms and to strengthen pceace, stability and democracy across the continent. A controversial topic in the last period is Turkey’s accession to the European Union. Turkey’s European ambitions date back to the 1963 Ankara Agreements, although it has formally submitted the membership application in 1987. Following the Helsinki European Council of 10 – 11 December 1999, accession negotiations between the EU and Romania, Latvia, Lithuania, Slovakia, Malta and Bulgaria started on 15 February 2000. Regarding the accession negotiations with Turkey, il was considered that this country does not meet, at this stage, the criteria set by the Copenhagen European Council on the rule of law, democracy and human rights. For Turkey, an Accession Partnership was adopted on 8 March 2001. Currently, Turkey is far from concluding the process of joining the European Union. However, Turkey is a state that can no longer be ignored by anyone in the world politics, being remarked by the infrastructure projects, the developed tourism, the steady economic growth and, last but not least, by the impressive military power, being the second NATO army. Given that, in the framework of the enlargement process, both the candidate states and the old members must be prepared for integration and cohabitation as well as the negative opinion on the Turkish membership of the influential states, such as Germany and France, it remains to be seen whether Turkey will

US - European Union Relations: Economic Change and Political Transition

National Research Council Canada - National Science Library

Kramer, Steven

1999-01-01

.... ̂ The introduction of the euro as the currency of the EMU will aid participating European Union (EU) member states by eliminating transaction costs, exchange rate risks, and interest rate spreads across the 11 European currencies early in the coming century...

Opting Out of the European Union

DEFF Research Database (Denmark)

Adler-Nissen, Rebecca

controversial cases of differentiated integration: the British and Danish opt-outs from Economic and Monetary Union and European policies on borders, asylum, migration, internal security and justice. Drawing on over one hundred interviews with national representatives and EU officials, the author demonstrates......European integration continues to deepen despite major crises and attempts to take back sovereignty. A growing number of member states are reacting to a more constraining EU by negotiating opt-outs. This book provides the first in-depth account of how opt-outs work in practice. It examines the most...... how representatives manage the stigma of opting out, allowing them to influence even politically sensitive areas covered by their opt-outs. Developing a practice approach to European integration, the book shows how everyday negotiations transform national interests into European ideals. It is usually...

Short-termism in the European Union

DEFF Research Database (Denmark)

Strand, Therese

2016-01-01

The 2007–08 global financial crisis gave rise to an extensive debate in the United States (US) on short-termism and its influence on agency relationships, incentives, and fiduciary duties. This debate and the consecutive legal creativity of US policymakers display spillover effects and constitute...... an influential source of inspiration for politicians and lawmakers in foreign jurisdictions. The European Commission currently proposes to amend the Shareholder Rights Directive (2007/36/EC) to counterbalance the financial sector’s alleged triumph over industry. The initiative is motivated primarily...... that the short-termism concept, despite its contemporary authority in the post-financial crisis era on both sides of the Atlantic, is misguided, and even more so in the European context. The Article concludes that the proposed amendments should not be expected to solve short-termism problems or alter...

RISK MITIGATION IN THE BANKING SYSTEM IN THE CONTEXT OF INTEGRATION IN THE EUROPEAN UNION

Directory of Open Access Journals (Sweden)

Laura – Maria POPESCU

2013-06-01

Full Text Available The article aims to highlight the measures adopted in the financial-banking system in the context of the European integration, according to risk analysis perspectives. The first part provides details on the vulnerability sources in terms of banking risks and their approach from various perspectives. Subsequently, based on the identified risks, a series of measures are proposed to limit them within the banking system. In terms of the work hypotheses, they are confirmed, thus increasing the harmonization level of theories throughout the European Union. Research was based on methods such as analysis, synthesis and induction, used to select the opinion of specialists in the field on the studied matter, and deduction, through the cross-section method, thus following the evolution and measures adopted in time. Following the analysis, a need was noticed for the implementation of an efficient banking risk management system, together with drafting additional regulations, so that the banking system is better prepared to handle new challenges generated by the crisis. The term afferent to the accession and integration in the European Union implied a stage requiring a radical change of the Romanian banking system, considering issues such as Romania’s economic development, leading to an increase of the banking mediation process.

European Union regional policy in Asia-Europe’s meeting

Directory of Open Access Journals (Sweden)

Manuel de Jesús Rocha Pino

2008-01-01

Full Text Available During 1996 the Asia-Europe Meeting (ASEM was created with the purpose of constituting a mechanism of nonexistent interregional dialogue until that moment and that united the both extremes of the eurasian territorial mass: East Asia (represented by group ANSEA 3 and Europe (represented by the European Union. The expectations erected at the moment of ASEM's creation were many, but with the years it has demonstrated a set of limits that has diminished its effectiveness, at least in the area of the political dialogue. In this paper is described the particular experience of the diplomacy of the European Union in the mechanism of the ASEM, the kind of interregional policy that this one has implemented and the contradictions that it has had to tolerate with respect to his own legal and institutional exigencies. In the paper it is argued that, despite its limits, the ASEM can be a referential case on the reaction of the European Union forehead to the transformation that in historical terms means the political and economic emergency of Asia in the international system.

THE COMPETITION POLICY IN THE EUROPEAN UNION

Directory of Open Access Journals (Sweden)

Dumitriţa Florea (Ionescu

2012-09-01

Full Text Available The idea of European unity dates back to antiquity, the time when the Roman Empire alsopursued such a goal. Attempts to unify European countries have appeared constantly in history, but theirsuccessful culmination crystallized only after the Second World War.Basically, the two wars have led to the downfall of Europe and the loss of its centenary political andmilitary position. The experience of these wars has led the states to initiate a defense mechanism of peace,security and international cooperation - resulted in creating an organization of universal jurisdiction -TheLeague of Nations. However, the successor of this organization, The United Nations - was one thatmanaged thorough its collective security system represented by the Security Council, to ensure andmaintain universal / global peace until now (Stelian Scăunaş, 2005.The creation of the European Union is based on four founding treaties: The Treaty establishingThe European Coal and Steel Community (ECSC - adopted in Paris on April 18, 1951, entered into forcein 1952 - treaty concluded for a period of 50 years and that has terminated in 2002, The Treatyestablishing the European Economic Community (EEC, The Treaty establishing the European AtomicEnergy Community (EAEC or EURATOM, both signed in Rome on March 25, 1947 and entered into forcein 1958 as the Treaties of Rome, and The Treaty on the European Union, which was adopted at Maastrichton 7th of February 1992 and entered into force in 1993. To these institution treaties we can add themodifying treaties of the founding treaties, including: The Merger Treaty - adopted in Brussels on 8 April1965, entered into force in 1967; The Single European Act - signed in Luxembourg and Hague in 1986,entered into force in 1987; The Amsterdam Treaty - signed on October 2, 1997, entered into force in 1999,The Treaty of Nice - signed on February 26, 2001, entered into force in 2003, The Lisbon Treaty signed in2007 and entered into force on December 1st

Competition and Profitability in European Financial Services

DEFF Research Database (Denmark)

Balling, Morten; Lierman, F.; Mullineux, A.

Financial services firms play a key role in the European economy. The efficiency and profitability of these firms and the competition among them have an impact on allocation of savings, financing of investment, economic growth, the stability of the financial system and the transmission of monetary...... policy. This collection of research contributions includes evaluations of trends in the European financial service industry and examinations of the driving forces of efficiency, competition and profitability of financial firms and institutions in Europe. The papers have been written by leading academics...... and researchers in the field, who specialize in strategic, systematic and policy issues related to the European financial services industry. This edited collection will be will be essential reading for students and academics but will also be of interest to financial practitioners and government officials...

The European Union stakes on biofuels

International Nuclear Information System (INIS)

Laffon, M.

2008-01-01

The European Union has just published the environmental side of its action in the fight against climatic change. Like the third 'energy batch', these new legislative proposals are the continuation of the January 2007 communication of the commission which aimed at fixing the trends of the energy policy of the European Communities. Some measures of these last legislative proposals, in particular those treating of biofuels, are sometimes considered as too ambitious and even unrealistic. The overall proposals are waiting for the final adoption during the French presidency. (J.S.)

THE IMPORTANCE OF THE BANKING FINANCIAL EDUCATION COMPONENT IN ECONOMIC PERSPECTIVE

Directory of Open Access Journals (Sweden)

Lucian-Ion MEDAR

2016-10-01

Full Text Available Economy and civil society has gone through an unprecedented financial crisis determined by an acute shortage of financial education among the large community of individuals and legal persons. Thus, the low level of economic and financial knowledge from society contributed to the amplification of economic crisis. In 2008, in the midst of financial crisis in the European Union was created Expert Group on Financial Education (EGFE, aimed at supporting a new financial education order. Breaking the vicious circle of banks debt and sovereign one, improvement of supervision European banking system, solving the financial problems of some banks through the mechanism of bank resolution, without recourse to public resources, strengthening the trust of potential customers in the financial market, in the first process of finalizing the Union European banking, can be achieved and by a new order of financial education

European Union Funds as a Source of Financing the Companies Investments

Directory of Open Access Journals (Sweden)

Katarzyna Kornet

2008-12-01

Full Text Available Entrepreneurs are main beneficiaries of the funds from European Union. The process of financial support from EU for entrepreneurs conducting business activities in Poland is an important issue, which should be taken up by entrepreneurs, government and other offices and institutions, which participate in the process of absorption of the financial support. Introduction of the possibilities of financing and realization of the investment originating from various EU programs in new the 2007–2013 programming perspective, understanding of the stages of preparation of the project and application form, knowled - ge about financing principles of the investments from granted support are essential. Co-financing of project realized from EU financial resources is connected with a lot of advantages. First of all, the donations present an additional source of financial sup - port for enterprises which allow to accomplish the investment bear considerably with lo - wer costs than by using other sources (for example credit. Secondly, the donation allows accomplishing the investment faster, to create new additional job positions and utilize modern technology, which company couldn’t afford to by using its own funds. Moreover, the resources from various European Funds have a favorable effect (impact on enterprise develop ment and on improvement its competitiveness in the market. The company and all technologies, which could be implemented, can become more innovative. If the firm has an access to such sources of financing, it would have an opportunity for considera - bly faster development in comparison with other forms of financing its activity. Thirdly, the range of support for enterprises is very wide. Company can request for funding of project from various areas, from purchasing fixed as sets and buying land or from purcha - sing intangible as sets to take advantage of an advisory service.

Regulation of Genetically Modified Organisms in the European Union

NARCIS (Netherlands)

Grossman, M.R.; Bryan Endres, A.

2000-01-01

To be successful, laws that regulate genetically modified organisms (GMOs) must help society decide rationally when to pause and when to proceed in adopting new biotechnological developments. In the context of European Union (EU) institutions and lawmaking procedures, this article examines European

Bank Resolution in the European Banking Union

DEFF Research Database (Denmark)

Gordon, Jeffrey N.; Ringe, Georg

2015-01-01

The project of creating a Banking Union is designed to overcome the fatal link between sovereigns and their banks in the Eurozone. As part of this project, political agreement for a common supervision framework and a common resolution scheme has been reached with difficulty. However, the resolution...... mechanism deployable at the discretion of the resolution authority must be available to supply liquidity to a reorganizing bank. On these conditions, a viable and realistic Banking Union would be within reach--and the resolution of global financial institutions would be greatly facilitated, not least...... framework is weak, underfunded and exhibits some serious flaws. Further, Member States' disagreements appear to rule out a federalized deposit insurance scheme, commonly regarded as the necessary third pillar of a successful Banking Union. This paper argues for an organizational and capital structure...

Abatement of CO2 emissions in the European Union

International Nuclear Information System (INIS)

Lesourne, J.; Keppler, J.H.; Jaureguy-Naudin, Maite; Smeers, Yves; Bouttes, Jean-Paul; Trochet, Jean-Michel; Dassa, Francois; Neuhoff, Karsten

2008-01-01

This first monograph of the Ifri program on European Governance and Geopolitics of Energy is devoted to the control of carbon dioxide emissions within the European Union. Since it is almost unanimously accepted that Greenhouse Gas emissions constitute the main cause of the observed increase of the world average temperature, the system implemented by the European Union to limit and decrease the CO 2 emissions is a significant pillar of the EU energy policy, the two others being the acceptance by the Member States of long-term commitments (for instance on the future share of renewable energy sources in their energy balance sheet) and the establishment of an internal market for electricity and gas. Though simple in principle, the European Union Greenhouse Gas Emission Trading Scheme (EU ETS) is in fact rather complex, and only experts really understand its merits and its deficiencies. These deficiencies are real and will have to be corrected in the future for the system to be effective. At this moment, when the 2005-2007 trial phase of the EU ETS is ending, the monograph has the purpose to stimulate the discussion between experts and to enable all those interested in the topic to understand the issues and to take part in the public debates on the subject. The monograph contains five papers: - 'An Overview of the CO 2 Emission Control System in the European Union' by Jacques Lesourne and Maite Jaureguy-Naudin. - 'Description and Assessment of EU CO 2 Regulations' by Yves Smeers. - 'Assessment of EU CO 2 Regulations' by Jean-Paul Bouttes, Jean-Michel Trochet and Francois Dassa. - 'Investment in Low Carbon Technologies, Policies for the Power Sector' by Karsten Neuhoff. - 'Lessons Learned from the 2005-2007 Trial Phase of the EU Emission Trading System' by Jan Horst Keppler

Oral surgery in the European Union: challenges of diversity in training and practice.

Science.gov (United States)

Nasseripour, M N; Hervé, C; Meningaud, J-P

2017-02-01

At the crossroads of medicine and dentistry, oral surgery with orthodontics are the only recognised dental specialties by the European Union. The goal of our study is to evaluate the current state of oral surgery in Europe from its teaching to its practice, the hypothesis being that a notable diversity persists despite European Union harmonisation process. To understand the impact of this diversity applied to European Union freedom of movement and its ethical implications for the practice of oral surgery, English and French questionnaires were sent by email to universities and organisations delivering authorisation to practise in France, Germany, Spain, Sweden and United Kingdom chosen based upon inclusion and exclusion criteria. An analysis of documents on these organisations' official websites was also conducted. Demographic information was obtained from the aforementioned organisations. The profile of practising oral surgeons is different dependent on the country. The university and hospital trainings conform to European recommendations and span 3-4 years. European Board certification is not required. Continuing education is mandatory only in France, Germany and United Kingdom. As for curricula and scope of practice, no consensus can be derived. There is potential conflict of interest between European Union principles of freedom of movement and protection of all citizens, as member countries do not uniformly apply Directives and recommendations. A new survey of all European Union oral surgery programmes as well as organisations delivering authorisation to practise is necessary to implement across the board harmonisation of training and practice to insure patient safety in light of the migration of European Union practitioners. © 2015 John Wiley & Sons A/S. Published by John Wiley & Sons Ltd.

The Russian-European Union Competition in Ukraine

Science.gov (United States)

2015-06-01

of Germany’s brief triumph during the Great War. The 1918 treaty of Brest -Litovsk created for the first time an independent Ukraine, designed to be a...6North Atlantic Treaty Organization, “Founding Act on Mutual Relations, Cooperation and Security between NATO and the Russian Federation signed in Paris ...institution now known as the European Union originated as the European Coal and Steel Community in 1951. Interest in expanding economic cooperation

Brexit: What's at Stake for the Financial Sector?

OpenAIRE

Miethe, Jakob; Pothier, David

2016-01-01

The United Kingdom's exit from the European Union will have far- reaching implications for the British financial sector. London is currently the financial capital of Europe, and the UK's financial institutions benefit from passport rights that allow them to provide their services throughout the Single Market. The UK plays two key roles in the European financial system: the first as a major hub for wholesale banking activities conducted by large European banks, and the second as a major entry ...

BANKING UNION - ROMANIAN PERSPECTIVE

Directory of Open Access Journals (Sweden)

Coroiu Sorina Ioana

2015-07-01

Full Text Available The financial crisis showed that banks were not able to face the loss, because there is no framework for a resolution, so that it intervened with money from taxpayers. So, it has been highlighted the need to update the regulations applicable to the banking sector. Creating a single supervisory mechanism in the fall of 2014 was a time reference point to achieve a banking union in Europe. Banking Union is one of the four foundations for a genuine Economic and Monetary Union. The paper’s purpose is to analyze the Banking Union structure, based on three pillars: (i The Single Supervisory Mechanism - the transfer of the main responsibility regarding banking supervision from national to European level, (ii The Single Resolution Mechanism - introduction of common provisions to ensure legal support required to manage bank failures problem, (iii The Deposit Guarantee Schemes - harmonization of deposit guarantee rules. These measures were adopted at European Union level to ensure the stability of the European banking system and to prevent future crises. Because countries that are not part of the euro area are not required to join the Banking Union, the dilemma of these countries lies in the decision to join the Banking Union quickly or to wait. It is the case of Romania, also, so, this paper analyze the opportunity of Romania's accession to the Banking Union before adopting the euro. There are analyzed the advantages and disadvantages of Romania's participation in the Banking Union, showing that, in the context of single currency introduction, Romania's participation is required. So far, there are reduced debates regarding the need, advantages and disadvantages of Romania's participation in the European Banking Union, the top representatives of the National Bank of Romania being among the few who expressed their views in public and published papers on the subject.

26 CFR 1.1001-5 - European Monetary Union (conversion to the euro).

Science.gov (United States)

2010-04-01

... 26 Internal Revenue 11 2010-04-01 2010-04-01 true European Monetary Union (conversion to the euro). 1.1001-5 Section 1.1001-5 Internal Revenue INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY... § 1.1001-5 European Monetary Union (conversion to the euro). (a) Conversion of currencies. For...

Key Competences for the Development of Lifelong Learning in the European Union

Science.gov (United States)

Hozjan, Dejan

2009-01-01

This paper discusses certain developments in education policy in the European Union since the implementation of the Lisbon strategy. Greater focus on lifelong learning as a means of increasing the competitiveness of the European Union, and establishment of several new, efficient policy tools (above all the "open method of coordination")…

FOREIGN MARKET ENTRY STRATEGIES IN THE UNITED STATES/EUROPEAN UNION AGRIBUSINESS TRADE CONTEXT

Directory of Open Access Journals (Sweden)

Cristina Lelis Leal Calegario

2015-07-01

Full Text Available Our study makes an analysis of American’ multinationals foreign market entry strategies in the European Union agribusiness context. We have used a logistic regression analysis using generalized estimating equation method to make hypothesis about the multinationals’ choices. Our results suggest that American food companies operating in EU appear not to choose their mode of entry based merely on host country factors, but mostly on firm related factors, including firm-specific factors and firm financial performance. Despite the creation of a common institutional framework for M&As in the EU, they are still subject to peculiarities due mostly to organizational characteristics of investing firms.

Endogeneity and Specialization in the European Monetary Union

Directory of Open Access Journals (Sweden)

Bąk Henryk

2015-06-01

Full Text Available There has been a broad discussion about the viability of the European Monetary Union (EMU in its present and prospective confines. Generally, the EMU, consisting of 19 countries, is not considered an optimal currency area due to low labor market flexibility, autonomous fiscal policies, and structural differences among its members. Considerations about the endogeneity effect of currency unions lead to the question whether the EMU will become more viable over time. According to the endogenity hypothesis formulated by Frankel and Rose [1996, 2000], a common currency area may gradually become an optimal currency area at some future point (ex post unification, despite not having been an optimal currency area (OCA prior to (ex ante currency unification. Currency unification should bring about increased intra-industry trade and greater business cycle synchronization among member states. The most recent literature and analyses presented in this paper suggest that the endogenity effect in the EMU has been frail since its onset. While real convergence between EMU member states has not advanced, divergence in i.a. economic structures, national income and productivity levels is observed. The most important economic mechanisms reinforcing convergence and divergence among monetary union members are presented in this paper. Using recent data and related research results, we show a significant divergence in economic structures, business cycle synchronization and productivity levels among Eurozone members in the last decade. The Krugman sectorial dissimilarity index is applied to measure changes in industrial similarity among member countries and the Hodrick-Prescott filter to estimate business cycle synchronization in the EMU. These divergence tendencies have been strengthened by the global financial crisis of 2008 and persist, calling for reforms and new policies within the EMU.

Russia's and the European union's gas interdependence. What balance between the market and geopolitics

International Nuclear Information System (INIS)

Finon, D.

2006-01-01

The purpose of this paper is to review the interdependence relation-ship between Russia and the European Union in the area of gas, by distinguishing the Russian seller's power risk from the issue of short term security, which are often mistaken one for the other The goal is to measure the economic risk associated with the seller's dominant position in the European market to appreciate the relevance of responses that can be made by European countries or the European Union. Firstly, the basically different nature of Russia and of the European Union is described, as well as the role played by its energy resources in the assertion of Russia's political power Secondly there is an analysis of the Russian seller's elements of dependence on the European market, before reviewing, thirdly, the risk of exercising Gazprom's market power in Europe. In closing is a review of the relevance of possible actions by the European Union and member countries to reduce that risk by facilitating the densification of the Pan-european Network, the establishment of entry points and market integration. (author)

Where the European Union should Multiply its Money: Stimulating Measures in the Economic Monetary Union

NARCIS (Netherlands)

Groeneveld, A.N.; Heijman, W.J.M.

2014-01-01

The aim of this article is to investigate in which sectors and countries the European Union should invest to diminish the economic gap between different member states. It answers the question at which sectors and regions the European regional policy should be directed. In an attempt to indicate

The European Union and sub-Saharan Africa

DEFF Research Database (Denmark)

Kluth, Michael Friederich

2013-01-01

This article argues that aspirations of maintaining a dominant influence over sub-Saharan security issues has spurred the French and British leadership of European Union (EU) foreign and security policy integration, just as it has informed military capability expansions by the armed forces...

A virtual capital for the European Union?

NARCIS (Netherlands)

Mamadouh, V.

2000-01-01

This article explores the websites of the key institutions of the European Union to consider whether these applications of the new information and communication technologies may become a functional equivalent of the national capital city in the emerging supranational political arena. Three functions

The making of a European healthcare union

DEFF Research Database (Denmark)

Vollaard, Hans; van de Bovenkamp, Hester M.; Martinsen, Dorte Sindbjerg

2016-01-01

that federalism offers the most fruitful way to do so because of its sensitivity to the EU’s institutional settings and to the territorial dimension of politics. The division of competences and national diversity of healthcare systems have been major obstacles for the formation of a healthcare union. However......, the EU obtained a role in healthcare through the impact of non-healthcare legislation, voluntary co-operation, court rulings, governments’ joint-decision traps, and fiscal stress of member states. The emerging European healthcare union is a system of cooperative federalism without much cost-sharing...

Increasing transparency in the European Union: developments of Country-by-Country Reporting

Directory of Open Access Journals (Sweden)

Alicja Brodzka

2017-09-01

Full Text Available Increasing transparency in the European Union: developments of Country-by-Country Reporting The aim of the paper is to bring closer Country-by-Country Reporting and outline possible future amendments of the introduced anti-tax avoidance measures. The article presents the motives of implementing the international CbC initiative, aimed at increasing transparency of the biggest multinational enterprises, with particular emphasis on the specificity of the European Union. Part 2 of the paper analyses the Euro-pean legal bases for companies’ financial reporting. It also gives an overview of the main findings of Directive 2016/881, which implements Country-by-Country Reporting and allows for the exchange of information between tax authorities. Part 3 deals with the national perspective, presenting the CbC solu-tions implemented to the Polish legal system; the paper also attempts to assess the potential impact of tax information disclosures, both from the perspective of taxpayers and the tax administration. The final part presents conclusions and tries to draft future developments of the Country-by-Country Reporting system. In the paper, the following research methods have been used: critical analysis and deduction, with partic-ular reference to the source materials and legal acts, as well as the reports of the European Commission, consulting companies, and NGOs. Although the article deals with tax matters, CbC Reporting is an im-portant and relevant issue from the point of view of researchers and accounting specialists. Reporting this phenomenon is part of the accounting science as a universal tool for recording economic phenomena. The author examined all relevant sources and took into account all important factors in order to obtain a com-prehensive picture of CbC Reporting and to prepare a paper that may serve as a reference for future research.

Strategies for public health research in European Union countries.

Science.gov (United States)

Grimaud, Olivier; McCarthy, Mark; Conceição, Claudia

2013-11-01

'Health' is an identifiable theme within the European Union multi-annual research programmes. Public Health Innovation and Research in Europe (PHIRE), led by the European Public Health Association, sought to identify public health research strategies in EU member states. Within PHIRE, national public health associations reviewed structures for health research, held stakeholder workshops and produced reports. This information, supplemented by further web searches, including using assisted translation, was analysed for national research strategies and health research strategies. All countries described general research strategies, outlining organizational and capacity objectives. Thematic fields, including health, are mentioned in some strategies. A health research strategy was identified for 15 EU countries and not for 12. Ministries of health led research strategies for nine countries. Public health research was identified in only three strategies. National research strategies did not refer to the European Union's health research programme. Public health research strategies of European countries need to be developed by ministries of health, working with the research community to achieve the European Research Area.

COURT OF JUSTICE OF THE EUROPEAN UNION - INTERNATIONAL COURT

Directory of Open Access Journals (Sweden)

Ioana Nely Militaru

2015-11-01

Full Text Available Court of Justice of the European Union (CJEU performs according to its competence, the position of International Justice in solving disputes between two or more subjects of international law. International jurisdiction of the Court of Justice of the EU is - mandatory that each Member State has the opportunity to seize this court if it considers that another state violated an obligation incumbent upon it under Union Treaties; - optional in disputes between Member States in connection with the subject Union Treaties.

Climate and energy targets of the European Union

International Nuclear Information System (INIS)

Stolwijk, H.; Veenendaal, P.

2007-01-01

Attention is paid to two important parts of the targets for climate and energy which were determined by the European Council in March 2007 for the year 2020: (1) the impact of the emission reduction target and the correlations with the sustainable development targets; and (2) the obstacles for the European Union on the way to thar 20% renewable energy target [nl

ASPECTS OF THE EVOLUTION OF HUMAN RIGHTS PROTECTION IN THE EUROPEAN UNION

Directory of Open Access Journals (Sweden)

NICOLAE PURDĂ

2013-05-01

Full Text Available Human rights protection within the European Community and the European Union has developed judicially, the human rights being protected by the Community Courts as general principles of Community law. The Treaty of Maastricht and the Treaty of Amsterdam have codified the Community law within the area of human rights. The codification of European Union’s concept of human rights in a single document was realized by adopting the Charter of Fundamental Rights of the European Union, on 7 December 2000 in Nice, whose provisions acquired legally binding under the Treaty of Lisbon.

Direct Tax Applications in Relationship Between European Union and Turkey

OpenAIRE

YAZARKAN, Hakan; MEZARARKALI, Pınar

2015-01-01

European Union (EU) is an economic union that exstipulates common tax policy within the union without interfering the taxes which collected by the members. On the other hand union doesn’t put tax systems of member states to harmonization but has a positive look on efforts convergence. The reason of this is the difference between international tax ratio causes limiting even hindering the capital activities. Turkey which made an application at 31st of July 1959 still can’t become member of EU. ...

Secondary Education in the European Union: Structures, Organisation and Administration.

Science.gov (United States)

EURYDICE European Unit, Brussels (Belgium).

This study examines the existing secondary education structures of the European Union member nations, the organization of education, teacher training, and the way in which secondary education is managed in Europe today. The three European Free Trade Association/European Economic Area (EFTA/EEC) countries (Iceland, Liechtenstein, and Norway) also…

ASSOCIATION OF OPERATING RISK OF LONG-TERM OBLIGATIONS OF MUNICIPALITIY OF SOPOT WITH EUROPEAN UNION BUDGET PROSPECTS FOR 2007-2013

Directory of Open Access Journals (Sweden)

Tomasz Jastrzębski

2015-06-01

Full Text Available Polish accession to the European Union allowed Polish municipalities to use co-financing of development projects of local infrastructure, environmental protection and improvement of competitiveness of municipalities. The process of transition is sometimes referred to as bridging the development gaps between countries of "old fifteen" and the new member countries. The desire of municipalities to maximize the use of EU funds led to a rapid increase in the debt level of municipalities and changes in levels of risk of long-term liabilities of municipalities. The aim of this article is to empirically confirm thesis that the change in the long-term financial liabilities associated with the prospect of the European Union budget for 2007-2013 is causing a variation of the operating risks of these liabilities. A tool used to verify this hypothesis is the risk model, which is a random vector with components identified with control variables of management process in the handling of long-term financial liabilities. The design of the components of this vector is based on the basic characteristics of the probability distribution of the vector as the ex-pected value and the variance and their ideal and anti-ideal levels.

Bank Resolution in the European Banking Union

DEFF Research Database (Denmark)

Gordon, Jeffrey N.; Ringe, Wolf-Georg

The project of creating a Banking Union is designed to overcome the fatal link between sovereigns and their banks in the Eurozone. As part of this project, political agreement for a common supervision framework and a common resolution scheme has been reached with difficulty. However, the resolution...... at the discretion of the resolution authority must be available to supply liquidity to a reorganizing bank. On these conditions, a viable and realistic Banking Union would be within reach — and the resolution of global financial institutions would be greatly facilitated, not least in a transatlantic perspective....... framework is weak, underfunded and exhibits some serious flaws. Further, Member States’ disagreements appear to rule out a federalized deposit insurance scheme, commonly regarded as the necessary third pillar of a successful Banking Union. This paper argues for an organizational and capital structure...

SOME ASPECTS REGARDING TRANSLATION DIVERGENCES BETWEEN THE AUTHENTIC TEXTS OF THE EUROPEAN UNION

Directory of Open Access Journals (Sweden)

Laura-Cristiana SPĂTARU-NEGURĂ

2014-05-01

Full Text Available When multiple legal orders and languages co-exist within a single legal regime, there is potential for divergences between the legal texts. The European Union represents on the international legal stage, the most ambitious linguistic project, integrating 28 Member States and 24 official languages. What we undertook with this study was to discover how the multilingual and multicultural environment of the European Union affects its legislative and judicial processes. We tried to argue the problem of translation divergences between the authentic texts of the European Union. Many questions arise. Is ‘controlled multilingualism’ the key to our problem? Is weak multilingualism the solution - especially that it is not new for the European construction? Should one language be chosen as the original? Of course that we have to see that multilingualism is an advantage, a blessing of the European Union and not an obstacle, a curse. We consider that, despite the various problems with the European multilingualism described in this study, it is unlikely that something would change in the foreseeable future. However, we consider that lawyers should research more in languages and legal interpretation. Interdisciplinary efforts could solve the multilingualism problems of the European Union. The present study is part of a more complex research on this theme and it is meant to approach certain important points of the master thesis prepared in Switzerland for a LL.M. program.

INCREASE IN THE ROLE OF THE FINANCIAL SYNTHESIS REPORTS FOR ACCESSION OF THE EUROPEAN STRUCTURAL FUNDS

Directory of Open Access Journals (Sweden)

Droj Laurentiu

2011-07-01

Full Text Available European integration is supported through important financial resources in order to sustain the investment effort for aligning the business infrastructure and increase in the business competitiveness in order to fulfill the European Union standards. The financial management, a basic component of the general management, has as scope to realize complex financial analysis in order to substantiate the decisions for investments and financing which should ensure the maximization of results, ensuring also the elaboration of the project budget as an essential document in the identification of the needs for resources and for obtaining the non-reimbursable financial sources. An essential role in the investment decision making, having as support European funding, is realized by the financial-accounting reporting documents such as balance sheet, profit and loss account, table of the treasury flows, which together with a realistic established actualization rate ensures the relevance and efficiency of the financial indicators: Net present Value(NPV, Internal Rate of Return(IRR, the investment recovery period, the benefit/cost ratio. This study has as its goal to realize a critical analysis over the main simulation methods and techniques for forecasting annual return based on its growth rate, which should ensure the success of the implementation and operation of an investment realized through European structural funds respecting also the requirements for minimization of risks. In this research it is shown the importance of proper generation/modeling of the annual turnover in an investment project. Several methods were presented and case study was realized. Since the annual turnover constitutes the basis for the entire financial analysis it is very important that a realistic growth rate is used. Otherwise the provisions within the financial analysis of the investment (including CBA, the project implementation strategy and later the plan for the utilization of

The Future of the European Union: A Critical Trade Union View

Directory of Open Access Journals (Sweden)

John Medhurst

2009-12-01

Full Text Available This paper offers a radical critique of the current framework of economic policy within the European Union and its negative effect on social cohesion. It defends the aspirations of the “Social Europe” model but suggests this model is now withering on the vine, not least because employers and governments no longer support it and have withdrawn from genuine social partnership. The paper asserts that the undemocratic nature of European policy making institutions is a fundamental bloc to progressive reform of the EU, and criticises the economic philosophy inherent in the Lisbon Agenda and recent controversial European Court of Justice decisions that have expanded that agenda. Lastly, it sketches some alternatives to this direction of travel, drawn from successful models within and outside Europe.

Multiple inequalities, intersectionality and the European Union

NARCIS (Netherlands)

Verloo, M.M.T.

2006-01-01

The European Union (EU), a pioneer in gender equality policies, is moving from predominantly attending to gender inequality, towards policies that address multiple inequalities. This article argues that there are tendencies at EU level to assume an unquestioned similarity of inequalities, to fail to

Fiscal policies in the European Union during the crisis

Directory of Open Access Journals (Sweden)

Ferreiro Jesús

2015-01-01

Full Text Available The paper studies the fiscal policies implemented in the European Union countries since the beginning of the current crisis. With this aim in mind we have analyzed separately the expansionary fiscal policies implemented at the first stage of the crisis and the fiscal consolidation policies that became widespread at the beginning of the current decade. Studying the content of the national fiscal policies (discretionary measures versus built-in stabilizers, revenue-based versus expenditure-based fiscal policies, the relationship existing between the size of the fiscal impulses-adjustments and the composition of these measures shows the significant differences between the fiscal policies implemented in the European Union countries.

EUROPEAN INVESTMENT BANK'S ROLE IN ECONOMIC DEVELOPMENT OF ROMANIA AND EUROPE

Directory of Open Access Journals (Sweden)

HAGIU ALINA

2014-10-01

Full Text Available European Investment Bank is the European Union's financial institution. It finances investment projects to contribute to the balanced development of the Union. At the same time "bank" and "body" of the European Union, it contributes to the achievement of the European Union objectives by funding projects to promote European integration, balanced development, economic and social cohesion and the development of an economy based on innovation. Today, the EIB exists on the capital markets with the best quote, “Triple A”. This quote allows it to mobilize in highly competitive conditions, the most important financial volume required to support investments. As an institution, EIB continuously adapts its working mode to changes in EU policies. As a bank, it works closely with the banking community, both for loans on the capital markets as well as for financing investments.

THE TAX POLICY WITHIN THE EUROPEAN UNION: CONCEPTS, INSTITUTIONS, TRENDS AND CHALLENGES

Directory of Open Access Journals (Sweden)

CRISTINA COJOCARU (BOROVINA

2016-06-01

Full Text Available At the basis of conceiving the tax policy of an European Union member state, one must consider, on the one hand, fulfilling the government's own requirements, and on the other hand, achieving the objectives set by the EC Treaty. At present, the European Union has a quite harmonized and coordinated tax policy in the indirect taxes field, and partially in the direct taxes field, based on the free movement principle of goods, services, capital and labour; thus, although the member states have the freedom to set operation rules of their own national tax systems, this freedom is conditioned by the compliance with the priority objectives of the founding treaties of the European Union. The member states should avoid adopting discriminating tax measures (which could lead to a disadvantageous treatment for the persons, goods and services or capitals coming from other member states. Sometimes, the restrictions regarding free movement on the internal market are generated by the differences between the national tax systems, so that a certain degree of tax harmonization at the European Union level is necessary. The tax harmonization can be achieved either spontaneously (by means of the forces of the market, by means of active actions at the level of the European Union (the implementation of common policies, the coordination of the policies, the harmonization of the legislation, etc. or by means of the passive actions of the European Court of Justice (the interdiction of certain types of conduct of the member states that do not comply with the norms of the European Union. In the absence of the tax harmonization, negative effects can occur, such as: the erosion of the national tax bases, provision of public services and goods at a sub-optimal level, unwanted changes in the structure of the taxes which are levied in the member states, and distortions in assigning resources at the level of the single market.

On Law and Policy in a European and European Union Patent Court (EEUPC)

DEFF Research Database (Denmark)

Schovsbo, Jens Hemmingsen; Petersen, Clement Salung

On 4 December 2009, the European Council unanimously adopted conclusions on an enhanced patent system in Europe, which inter alia intends to establish a new EU patent as well as a new common patent judiciary - the European and European Union Patent Court (EEUPC). The EEUPC will constitute a new sui...... generis, transnational court system with exclusive jurisdiction in respect of civil litigation related to the infringement and validity of European patents and EU patent. This paper considers this proposal for the establishment of the EEUPC under two basic observations, namely that substantive law...

On Law and Policy in a European and European Union Patent Court (EEUPC)

DEFF Research Database (Denmark)

Petersen, Clement Salung; Schovsbo, Jens Hemmingsen

2010-01-01

On 4 December 2009, the European Council unanimously adopted conclusions on an enhanced patent system in Europe, which inter alia intends to establish a new EU patent as well as a new common patent judiciary – the European and European Union Patent Court (EEUPC). The EEUPC will constitute a new sui...... generis, transnational court system with exclusive jurisdiction in respect of civil litigation related to the infringement and validity of European patents and EU patent. This paper considers this proposal for the establishment of the EEUPC under two basic observations, namely that substantive law...

RECONCILIATION OF LANGUAGE VERSIONS WITH DIVERGING MEANINGS IN THE EUROPEAN UNION

Directory of Open Access Journals (Sweden)

Laura-Cristiana SPĂTARU-NEGURĂ

2015-07-01

Full Text Available As emphasized in a study published last year, when multiple legal orders and languages co-exist within a single legal regime, there is potential for divergences between the legal texts. The European Union gives rise to such divergences, having in mind that it integrates 28 Member States and 24 official languages. After discovering how the multilingual and multicultural environment of the European Union affects its legislative and judicial processes and arguing the problem of translation divergences between the authentic texts of the European Union, it is nowadays our concern to analyse the reconciliation of language versions with diverging meanings in the EU legal order. The present study is part of a more complex research on this theme and it is meant to approach certain important points of the master thesis prepared in Switzerland for a LL.M. program.

26 CFR 1.985-8 - Special rules applicable to the European Monetary Union (conversion to euro).

Science.gov (United States)

2010-04-01

...-8 Special rules applicable to the European Monetary Union (conversion to euro). (a) Definitions—(1... euro is substituted for that legacy currency (in accordance with the Treaty on European Union); and (B... pursuant to the Treaty on European Union signed February 7, 1992. Assume that on January 1, 1999, X changes...

ROMANIA’S FIRST FIVE YEARS IN THE EUROPEAN UNION. A SHORT ASSESSMENT

Directory of Open Access Journals (Sweden)

VADASAN Ioana

2012-12-01

Full Text Available It’s been more than 5 years since our country has joined the European Union, on January the 1st 2007. It’s been a long road, as fulfilling the Copenhagen criteria had not been an easy task. But was it all worth it? Are we better off today, five years after? Did we know how to take advantage of European Union membership? Did we know what to do and how to do it, in order to benefit from (all the advantages of the Single Market? These are some questions we will try to answer in this paper. In this paper, we will present data regarding: the evolution of Romania’s foreign trade, overall, as well as with the rest of the European Union countries; the evolution of Romania’s economic growth, in comparison with European Union’s average economic growth; the evolution of foreign direct investments in Romania; the absorption degree of structural and cohesion funds, in comparison with other countries of the European Union. We will analyze these data, and we will make comparisons between Romania and the European Union, in order to see the similarity between Romania’s evolution and EU’s evolution. We will also analyze the structural and cohesion funds absorption degree, in comparison with other European Union countries. Finally, we will try to assess whether we knew how to take advantage of our European Union membership, as being member implies both advantages and disadvantages. Knowing how to fully benefit from the advantages and how to diminish the disadvantages is the winning strategy. Did Romania know how to maximize its advantages? As we will see in the conclusions of this paper, the answers to these questions are not always in our advantage. There are still some lessons to be learned, especially regarding the absorption of structural and cohesion funds, and attracting foreign direct investments.

Unity in Diversity. The Language Policy of the European Union

Directory of Open Access Journals (Sweden)

2014-09-01

Full Text Available This paper explores the connections between the law and language in the European Union. The paper concerns the language policy of the European Union (EU and English language priority. The EU faces challenges of finding a common ground for respecting the diversity of its members. So many different states are gathered in one organisation which establishes the law for diversified legal orders. The research question is - which language(s is or should be used in the EU? Does English become lingua franca of the EU?

Decommissioning and demolition in the European Union. Current status

International Nuclear Information System (INIS)

Blohm-Hieber, Ute

2009-01-01

The European Commission pursues the environmental and energy policy goals of limiting global warming to a maximum of 2 C and, therefore, reducing CO 2 emissions by at least 20%. Nuclear power, with its present 30% contribution to the Community's electricity supply and the low CO 2 emissions of the entire fuel cycle, makes an important contribution to an energy mix matching the 3 factors of competitiveness, security of supply, and sustainability. The decision to use nuclear power plants in their respective countries for electricity production is left to each member state. As of mid-2008, 146 nuclear power plants were in operation in the European Union, while 74 had been shut down permanently. Two nuclear power plants had been demolished completely, showing that the European Community is just at the beginning of the learning curve in this field. The importance of nuclear power plant decommissioning and demolition will increase in the future as replacement capacity in nuclear power generation will become necessary. The European Commission's activities in decommissioning and demolition date from the 1990s: The provisions about environmental impact assessment and the recommendations to apply Article 37 (potential impacts on water, soil and air) of the Euratom Treaty demand a description of decommissioning and demolition of nuclear power plants. In a ruling of 2002, the European Court of Justice assigns to the Community the required competences in the fields of nuclear safety and, consequently, also decommissioning and demolition. The financial provisions necessary for these activities are covered in the Electricity Directive within the framework of the rules for a common single market in 2003. After a first status report, the Commission published recommendations about financing decommissioning and demolition in 2006. (orig.)

Medical Device Regulation: A Comparison of the United States and the European Union.

Science.gov (United States)

Maak, Travis G; Wylie, James D

2016-08-01

Medical device regulation is a controversial topic in both the United States and the European Union. Many physicians and innovators in the United States cite a restrictive US FDA regulatory process as the reason for earlier and more rapid clinical advances in Europe. The FDA approval process mandates that a device be proved efficacious compared with a control or be substantially equivalent to a predicate device, whereas the European Union approval process mandates that the device perform its intended function. Stringent, peer-reviewed safety data have not been reported. However, after recent high-profile device failures, political pressure in both the United States and the European Union has favored more restrictive approval processes. Substantial reforms of the European Union process within the next 5 to 10 years will result in a more stringent approach to device regulation, similar to that of the FDA. Changes in the FDA regulatory process have been suggested but are not imminent.

ONTOLOGY MAPPING IN THE RESILIENCE STUDY: THE ORGANIZATIONAL PERSPECTIVE FOR EUROPEAN UNION CASE

Directory of Open Access Journals (Sweden)

Tiberiu-Tudor SALANŢIU

2017-12-01

Full Text Available The ontology mapping in resilience surveillance on organization level can found utilization in analysis of association between idiosyncrasies and structure adaptability. Starting from the data regarding the economic trends for European Union members from 2014 to 2016 the aim of the research is to analyse the European Union resilience through interpretation of the link between members behaviour and structure convergence. The members positioned in European Union was analysed after organization clusterization of the twenty-eight state members. Two different structures are included into analysis for the studied periods: a structure which incorporates just the state members, and other which also take into account the eurozone blue-chips. In order to analyse the members’ relation in structure a gravity model has been developed, the obtained results for each state members pair are contained in a skew matrix. The values are interpreted through a knowledge-base to highlight the European Union resilience degree.

Relatedness and diversification in the European Union (EU-27) and European Neighbourhood Policy countries

NARCIS (Netherlands)

Boschma, Ron; Capone, Gianluca

2016-01-01

This paper analyzes the process of industrial diversification in the countries that were part of the European Union (EU-27) and those that were the target of the European Neighbourhood Policy (ENP) in the period 1995–2010 by means of world trade data derived from the BACI database (elaborated UN

Budget perspective in Croatia after accession to the European Union

Directory of Open Access Journals (Sweden)

Petar Sopek

2013-01-01

Full Text Available Upon accession to the European Union, the New Member State’s budget undergoes significant structural changes due to the appearance of new categories of revenues and expenditures. The aim of this paper is to estimate the possible effects of Croatian membership in the EU on changes in the structure and size of budget revenues and expenditures upon the country’s accession to the EU in the second half of 2013, as well as to indicate the possibilities for utilization of EU funds in the new financial perspective up to 2020. It is shown that in 2013 Croatia might realize a positive net financial position in transactions with the EU budget in the amount of approximately 0.28% of GDP, i.e. EUR 136 m. The total net financial position of Croatia due to EU accession, which includes some additional costs and benefits like different harmonization and the need for project co-financing at state and local levels, is also positive in 2013 and amounts to approximately 0.15% of GDP or equivalently EUR 72 m. Total amount of all funds that Croatia might receive in the new EU financial perspective covering the period from 2014 to 2020 amounts to EUR 6.34 bn, whereby annual amounts increase from EUR 0.7 bn in 2014 up to EUR 1.2 bn in 2020. By using exponential regression analysis it is estimated that in 2020 Croatia should be a net recipient of funds from the EU budget in total amount of 1.72% of GDP, i.e. EUR 1.13 bn.

Taxing of financial sector as possible own resource of EU budget

Directory of Open Access Journals (Sweden)

Danuše Nerudová

2013-01-01

Full Text Available The discussion about the possible taxation of the financial sector has started in the European Union as a result of the financial crisis which has spread to the Europe from the United States in 2008. European Commission concluded that EU should lead the efforts to introduce system of levies or taxies on financial institutions. EU member states individually committed to support the financial sector for a total about EUR 4.6 trillion (i.e. 39% of EU-27 GDP in 2009. Those public interventions have significant budgetary consequences (strongly felt in Greece, Spain or Italy and imposes a heavy burden on the present and future generations. Therefore there is a strong consensus not only on the level of the European Union but also internationally, that financial sector should contribute to the public finance more fairly. As a reaction on costs of the financial crisis which was paid out from the public money, some of the countries immediately introduced temporary measures in order to collect back paid out money. The aim of the paper is to research the possibility of financial sector taxation, to discuss the proposal of the European Union on the introduction of financial transaction tax on EU level and through the multi-criteria analysis to research, whether this type of the tax is suitable as an own resource of EU budget.

Biomass energy: progress in the European Union

Energy Technology Data Exchange (ETDEWEB)

Coombs, J. [CPL Scientific Limited, Newbury (United Kingdom)

1996-05-01

A brief overview of the progress in the use of biomass energy in the European Union is presented. Wood fuel, support for renewable energy research, liquid biofuel, wastes and residues, and non-food use of crops such as the production of fuels from lignocellulosic materials are examined. (UK)

The demographic situation in the European Union

NARCIS (Netherlands)

van Nimwegen, N.; van der Erf, R.F.; Heering, E.L.; van Nimwegen, N.; van der Erf, R.

2009-01-01

This chapter focuses on the recent demographic situation and related population trends in the 27 Member States of the European Union. Some attention will also be paid to its two Candidate Countries, Croatia and the Former Yugoslav Republic of Macedonia, as well as to the EFTA Countries (Iceland,

A Monetary Union in Asia? Some European Lessons

Directory of Open Access Journals (Sweden)

Wyplosz Charles

2001-12-01

Full Text Available Monetary Union in Europe has been the natural response to the combined desire of stabilizing intra-European exchange rates and of lifting permanently all capital controls. The commitment to stable exchange rate has long been rooted in policymakers’ conviction that trade integration requires precise rules which eliminate the risk of misalignments, whether imposed by the markets or arranged by the authorities. The success in maintaining fixed-but-adjustable exchange rates within the EMS and next in adopting a single currency is largely due to the patient and progressive building institutions that became the uneasy repository of those parts of national sovereignty that have been abandoned. This experience suggests three lessons for current discussions about a monetary union in Asia. First, multilateral regional exchange rate arrangements are more conducive to an effective defense than indirect approaches like basket pegs. They probably require some limits to capital mobility. Second, adopting a single currency necessitates elaborate preparations that can only be underpinned by the gradual build up of collective institutions. Third, a monetary union requires some reasonable degree of real convergence. This implies starting with a core of sufficiently homogeneous countries. At this stage, starting with a monetary union in Asia would imply reversing the European sequencing, which started with a common market, moved on to the EMS, and liberalization of capital movements.

Towards an Administrative Procedure of the European Union: Issues and Prospects

Directory of Open Access Journals (Sweden)

Mihaela V. Cărăuşan

2016-12-01

Full Text Available This article aims at identifying European administrative law principles by mapping the proposal of the European Parliament and assessing the existing principles in the European Union’s rules and jurisprudence. The first section analyses the difficulties to pass from the well-known sectoral procedures to a common procedural framework. It shows, on the one hand, how fragmented is the administrative EU law, and on the other hand, that European Commission tends to support it by derailing the Parliament’s proposal. The second section, is mapping the administrative law principles through an inventory of the Treaties, the Charter, the soft law and the jurisprudence. The last section proposes an assessment of the draft Regulation on the administrative procedure of European Union. The main outcome is that, without the Commission’s involvement the process of making a common administrative procedure for European Union cannot take place.

A new context for cooperation between Russia an the European Union

International Nuclear Information System (INIS)

Belyi, A.V.

2003-01-01

The energy issue is assuming a strategic importance in relations between Russia and the European Union. Among other things, this is characterised by the debates concerning the energy Charter Treaty, by negotiations concerning Russia's application to join the WTO as well as by establishment of a dialogue between Europe and Russia concerning energy. This article analyses the new factors of this energy partnership which explain the potential for cooperation and at the same time its limits. These factors are: (1) the peripherization of Russia in the international labour market, (2) the enlargement of the European Union to take in countries dependent on Russia for imports of gas and oil, (3) the liberalization of the gas and electricity markets within the European Union which constitutes a challenge for short and long-term energy security and (4) the inclusion of sustainable development within the definition of energy security. (authors)

DEVELOPMENT STAGE OF RETAIL TRADE IN THE EUROPEAN UNION

Directory of Open Access Journals (Sweden)

Catana Adina

2012-07-01

Full Text Available According to Karel De Gucht, Trade Commissioner from the European Commission, trade is working for Europe's economic recovery by ensuring growth and jobs. The European renewed trade strategy will open markets and connect Europe to the main sources and regis of global growth. The aim is to ensure that European business gets a fair deal and that countries’ rights are respected so that all can enjoy the benefits of trade. Thanks to the ease of modern transport and communications, it is now easier to produce, buy and sell goods around the world which gives European companies of every size the potential to trade outside Europe. This paper’s objective is to analyse the development stage of the European Union’s retail, and its member countries. The study is based on the research taken in the project of PhD research with the theme: The impacts of Economic Integration on Romanian Retail. For my research I used data from Eurostat, National Statistical Institute, European Union official website In the past 10 years, the volume of retail trade in EU member states has increased, but the extent of the changes varies substantially from one country to another.

Institutional pioneers in world politics: Regional institution building and the influence of the European Union.

Science.gov (United States)

Lenz, Tobias; Burilkov, Alexandr

2017-09-01

What drives processes of institution building within regional international organizations? We challenge those established theories of regionalism, and of institutionalized cooperation more broadly, that treat different organizations as independent phenomena whose evolution is conditioned primarily by internal causal factors. Developing the basic premise of 'diffusion theory' - meaning that decision-making is interdependent across organizations - we argue that institutional pioneers, and specifically the European Union, shape regional institution-building processes in a number of discernible ways. We then hypothesize two pathways - active and passive - of European Union influence, and stipulate an endogenous capacity for institutional change as a key scope condition for their operation. Drawing on a new and original data set on the institutional design of 34 regional international organizations in the period from 1950 to 2010, the article finds that: (1) both the intensity of a regional international organization's structured interaction with the European Union (active influence) and the European Union's own level of delegation (passive influence) are associated with higher levels of delegation within other regional international organizations; (2) passive European Union influence exerts a larger overall substantive effect than active European Union influence does; and (3) these effects are strongest among those regional international organizations that are based on founding contracts containing open-ended commitments. These findings indicate that the creation and subsequent institutional evolution of the European Union has made a difference to the evolution of institutions in regional international organizations elsewhere, thereby suggesting that existing theories of regionalism are insufficiently able to account for processes of institution building in such contexts.

Abatement of CO{sub 2} emissions in the European Union

Energy Technology Data Exchange (ETDEWEB)

Lesourne, J.; Keppler, J.H.; Jaureguy-Naudin, Maite; Smeers, Yves; Bouttes, Jean-Paul; Trochet, Jean-Michel; Dassa, Francois; Neuhoff, Karsten

2008-07-01

This first monograph of the Ifri program on European Governance and Geopolitics of Energy is devoted to the control of carbon dioxide emissions within the European Union. Since it is almost unanimously accepted that Greenhouse Gas emissions constitute the main cause of the observed increase of the world average temperature, the system implemented by the European Union to limit and decrease the CO{sub 2} emissions is a significant pillar of the EU energy policy, the two others being the acceptance by the Member States of long-term commitments (for instance on the future share of renewable energy sources in their energy balance sheet) and the establishment of an internal market for electricity and gas. Though simple in principle, the European Union Greenhouse Gas Emission Trading Scheme (EU ETS) is in fact rather complex, and only experts really understand its merits and its deficiencies. These deficiencies are real and will have to be corrected in the future for the system to be effective. At this moment, when the 2005-2007 trial phase of the EU ETS is ending, the monograph has the purpose to stimulate the discussion between experts and to enable all those interested in the topic to understand the issues and to take part in the public debates on the subject. The monograph contains five papers: - 'An Overview of the CO{sub 2} Emission Control System in the European Union' by Jacques Lesourne and Maite Jaureguy-Naudin. - 'Description and Assessment of EU CO{sub 2} Regulations' by Yves Smeers. - 'Assessment of EU CO{sub 2} Regulations' by Jean-Paul Bouttes, Jean-Michel Trochet and Francois Dassa. - 'Investment in Low Carbon Technologies, Policies for the Power Sector' by Karsten Neuhoff. - 'Lessons Learned from the 2005-2007 Trial Phase of the EU Emission Trading System' by Jan Horst Keppler

The structure and economic significance of government guarantees in Croatia and the European Union

Directory of Open Access Journals (Sweden)

Marko Primorac

2016-03-01

Full Text Available In the aftermath of the financial crisis, when countries are facing difficulties in raising the amounts of revenue needed to cover the expenditure side of the budget, fiscal risks can pose a significant threat to the sustainability of public finance. This became particularly evident in the case of public enterprises and their liabilities, which often increased public debt because of difficulties in meeting their financial obligations. The aim of this paper is to evaluate fiscal risks from government guarantees in Croatia and the European Union in general. Moreover, the paper aims to analyse the dynamics of the value and structure of government guarantees in Croatia in the period from 2009 to first half of 2015. Particular emphasis is placed on the impact of government guarantees on direct public debt in the context of methodological changes in the registration of public debt.

Past and Current Paths to European Union Accession: Romania and Turkey a Comparative Approach

Directory of Open Access Journals (Sweden)

Tatiana-Camelia Dogaru

2015-05-01

Full Text Available Several decades ago, leaders of six European countries with an inclusive vision of Europe and strong courage started a construction without precedent, the European Union. The remarkable construction evolved not only concerning the number of the Member States, but also in terms of institutional and functional development. Nowadays, the European Union is one of the most important changing factor concerning the governance and the policy-making process at European level and not only, and there is no doubt that the EU will continue to grow as an increasing number of countries express interest in membership. This paper reveals in a comparative perspective the path to European Union Accession, and is based on documentary analysis, using strategy-level documents of the countries and the Progress Reports the European Commission provided during the past enlargement.

Food and Health Inequalities in European Union

DEFF Research Database (Denmark)

Robertson, Aileen

Food and Inequalities in European Union Dr. Aileen Robertson, Public Health Nutritionist at the Metropolitan University College, Copenhagen. Dr. Robertson focused on food and inequality in light of the increased prevalence of overweight and obesity in Europe. On average over 50% of Europeans...... public procurement; 3) more democratic sustainable food systems with fairer prices to producers; 4) realise that food and nutrition policies are at the heart of achieving all 17 Sustainable Development Goals and the COP21climate goals; 5) a ‘Health in All Policies’ approach applied to CAP reform...

Migrant crisis and strengthening of the right wing in the European Union

Directory of Open Access Journals (Sweden)

Ratković Milijana

2017-01-01

Full Text Available Migrant crisis, slow economic growth and growing disillusionment with the European Union led to strengthening of far-right parties that have achieved electoral success in a number of European countries. The collapse of the national economy has created a huge number of unemployed. New problems such as migrant crisis foster instability in the EU particularly due to the terrorist acts (Paris, Brussels and other forms of violence (Cologne, Vienna that involved migrants from the Middle East. What could represent the biggest problem is the ability of the European radical right parties to constitute it on the joint basis regardless different political backgrounds. The Alliance of European National Movements was formed in Budapest in 2009. Migrant crisis underlined divisions within the European Union, which led to the radicalization of European political scene.

Hospital care for persons with AIDS in the European Union

NARCIS (Netherlands)

Postma, Maarten; Tolley, K; Leidl, R M; Downs, A M; Beck, E J; Tramarin, A M; Flori, Y A; Santin, M; Antoñanzas, F; Kornarou, H; Paparizos, V C; Dijkgraaf, M G; Borleffs, J; Luijben, A J; Jager, J C

This study estimates the current and future hospital resources for AIDS patients in the European Union (EU), using multinational scenario analysis (EU Concerted Action BMH1-CT-941723). In collaboration with another EU-project ('Managing the Costs of HIV Infection'), six national European studies on

The Border-making Policy of the European Union: Eastern Enlargement

Directory of Open Access Journals (Sweden)

Lika Mkrtchyan

2012-12-01

Full Text Available Having no internal borders, what is a border for the European Union (EU? Which criteria does this powerful organization pursue in its decision-making on further expansion: geographical, political, cultural, economic or all of these? What is the profi t of the Union in advancing its external borders to the east? And why to the east and not the south or west across the Atlantic? Does it still mean that there is the reason for enlarging eastward based on the geographical belonging to Europe? This paper discusses the expansion of the European Union to the east with the main focus on its political and economic aspects of integration. The fi rst part includes introduction to the concept of Europe, historic background about the formation of the united Europe in terms of geography, culture, politics and economy, juxtaposing opinions and viewpoints of different experts and political scientists on “what is Europe?” and what are the core issues of its enlargement. The second and third parts are dedicated to the advantages and disadvantages of European Integration for both parties concerned – the EU and the candidate/member state, in the case of the former having its own “demarcation policy” towards certain regions of the continent when it comes to unifi cation. And the fourth part is about the communication and miscommunication of the informative bodies of the European Union that are responsible for public awareness on any process that goes on within the European family. The lack of information results in the ignorance of citizens of European and partner countries, which, of course, refl ects on the further processes of expansion on the political level and cultural perception and mentality on the social level. The conclusion sums up the research, and the bibliography lists the books, articles, monographs and Internet sources used in the course of the study.

The future of energy in the European Union

International Nuclear Information System (INIS)

Robles, C.

1997-01-01

Two of the three European Union founding treaties have a marked energy nature but, however, at the present time, the EU lacks a Common Energy Policy, Starting with this paradox, the European Parliament Member Robles Piquer uses this article, which reproduces the lecture he gave at the CSN, to proffer his view of the future of energy which the EU will have and that which it should have, in this opinion. (Author)

Art of disaster preparedness in European union: a survey on the health systems.

Science.gov (United States)

Djalali, Ahmadreza; Della Corte, Francesco; Foletti, Marco; Ragazzoni, Luca; Ripoll Gallardo, Alba; Lupescu, Olivera; Arculeo, Chris; von Arnim, Götz; Friedl, Tom; Ashkenazi, Michael; Fischer, Philipp; Hreckovski, Boris; Khorram-Manesh, Amir; Komadina, Radko; Lechner, Konstanze; Patru, Cristina; Burkle, Frederick M; Ingrassia, Pier Luigi

2014-12-17

Naturally occurring and man-made disasters have been increasing in the world, including Europe, over the past several decades. Health systems are a key part of any community disaster management system. The success of preparedness and prevention depends on the success of activities such as disaster planning, organization and training. The aim of this study is to evaluate health system preparedness for disasters in the 27 European Union member countries. A cross-sectional analysis study was completed between June-September 2012. The checklist used for this survey was a modified from the World Health Organization toolkit for assessing health-system capacity for crisis management. Three specialists from each of the 27 European Union countries were included in the survey. Responses to each survey question were scored and the range of preparedness level was defined as 0-100%, categorized in three levels as follows: Acceptable; Transitional; or Insufficient. Response rate was 79.1%. The average level of disaster management preparedness in the health systems of 27 European Union member states was 68% (Acceptable). The highest level of preparedness was seen in the United Kingdom, Luxemburg, and Lithuania. Considering the elements of disaster management system, the highest level of preparedness score was at health information elements (86%), and the lowest level was for hospitals, and educational elements (54%). This survey study suggests that preparedness level of European Union countries in 2012 is at an acceptable level but could be improved. Elements such as hospitals and education and training suffer from insufficient levels of preparedness. The European Union health systems need a collective strategic plan, as well as enough resources, to establish a comprehensive and standardized disaster management strategy plan. A competency based training curriculum for managers and first responders is basic to accomplishing this goal. Disaster medicine; Disaster preparedness

Statistical regularities of Carbon emission trading market: Evidence from European Union allowances

Science.gov (United States)

Zheng, Zeyu; Xiao, Rui; Shi, Haibo; Li, Guihong; Zhou, Xiaofeng

2015-05-01

As an emerging financial market, the trading value of carbon emission trading market has definitely increased. In recent years, the carbon emission allowances have already become a way of investment. They are bought and sold not only by carbon emitters but also by investors. In this paper, we analyzed the price fluctuations of the European Union allowances (EUA) futures in European Climate Exchange (ECX) market from 2007 to 2011. The symmetric and power-law probability density function of return time series was displayed. We found that there are only short-range correlations in price changes (return), while long-range correlations in the absolute of price changes (volatility). Further, detrended fluctuation analysis (DFA) approach was applied with focus on long-range autocorrelations and Hurst exponent. We observed long-range power-law autocorrelations in the volatility that quantify risk, and found that they decay much more slowly than the autocorrelation of return time series. Our analysis also showed that the significant cross correlations exist between return time series of EUA and many other returns. These cross correlations exist in a wide range of fields, including stock markets, energy concerned commodities futures, and financial futures. The significant cross-correlations between energy concerned futures and EUA indicate the physical relationship between carbon emission and energy production process. Additionally, the cross-correlations between financial futures and EUA indicate that the speculation behavior may become an important factor that can affect the price of EUA. Finally we modeled the long-range volatility time series of EUA with a particular version of the GARCH process, and the result also suggests long-range volatility autocorrelations.

Knowledge based economy in European Union

Directory of Open Access Journals (Sweden)

Ecaterina Stănculescu

2012-04-01

Full Text Available Nowadays we assist at a fundamental change from the economy based mainly on resources to the one based mostly on knowledge. The concept has been launched in the last decade of the past century. The knowledge became a production agent and a value creation instrument for whatever country and of course for an entire community like European Union which is constantly concerned by its development and competitiveness. This paper presents the principal characteristics of the present EU preoccupations with the expansion of a knowledge based economy through the 2020 European Development Strategy for smart, sustainable and inclusive economy, and especially for the Framework Programs (Framework Programme 7 and Competitiveness and Innovation Framework Programme.

European Union. Court of Justice of the European Union: EU Law and Fundamental Rights Preclude Requested Filtering Injunction against Hosting Provider

NARCIS (Netherlands)

Breemen, K.

2012-01-01

On 16 February 2012, the Court of Justice of the European Union delivered its preliminary ruling in the case of SABAM v. Netlog NV. The judgment was issued on a request made by the Court of First Instance of Brussels.

On cooperation of customs administrations in the European Union and Serbia

Directory of Open Access Journals (Sweden)

Vranješ Mile

2013-01-01

Full Text Available Cooperation of customs administrations between Member States of the European Union and cooperation of the Customs Administration of the Republic of Serbia with foreign customs administrations, regarding the efficient exchange of information is, most certainly, one of the important conventional measures for suppressing customs evasion and also a significant measure for increasing the efficiency of customs collection. Problems of information exchange regarding customs in the European Union has been regulated with two main instruments: Council Regulation 515/97, on mutual assistance between the administrative authorities of the Member States and cooperation between the latter and the Commission to ensure the correct application of the law on customs and agricultural matters and Council Directive 2010/24/EU concerning mutual assistance for the recovery of claims relating to taxes, duties and other measures. Additionally, the current multi-year program for customs in the European Union (Customs 2013 is contained in the Decision of the European Parliament and Council 624/207. Problems of information exchange regarding customs in the Republic of Serbia are regulated with one main instrument: Agreement on administrative assistance in customs matters of the Republic of Serbia and other countries.

The external energy policy of the European Union

International Nuclear Information System (INIS)

Lesourne, J.; Keppler, Jan Horst; Goetz, Roland; Van der Linde, Coby

2008-01-01

This third monograph of the Ifri program on European Governance and Geopolitics of Energy is devoted to the program's first annual conference on the 'External Energy Policy of the European Union'. The conference took place from January 31 to February 1, 2008, at the Palais Egmont, in Brussels, Belgium. Representatives of the European Commission, national governments, academia, and industry examined the European perspectives on the highly topical issue of external energy policy and assessed their relative prospects. The purpose of the conference was to take stock of current policies and to develop perspectives for the future. This monograph comprises five chapters: - A background paper prepared by Jacques Lesourne. A version of this document was given to the speakers prior the conference. It provided a set of questions that were designed to orient their reflection. - Three background papers that introduced some of the questions to be addressed during the three sessions. These papers were written by Jan Horst Keppler, professor at Universite Paris-Dauphine and Senior Research Associate at the Ifri Energy Program; Roland Goetz, Senior Research Fellow at the Institute for International and Security Affairs (SWP), Berlin; and Coby van der Linde, Senior Research Fellow and Director of the Clingendael International Energy Programme (CIEP). - An assessment of the main points raised during the exchanges among the conference participants and an evaluation of the European Union's external energy policy written by J. Lesourne

The external energy policy of the European Union

Energy Technology Data Exchange (ETDEWEB)

Lesourne, J.; Keppler, Jan Horst; Goetz, Roland; Van der Linde, Coby

2008-07-01

This third monograph of the Ifri program on European Governance and Geopolitics of Energy is devoted to the program's first annual conference on the 'External Energy Policy of the European Union'. The conference took place from January 31 to February 1, 2008, at the Palais Egmont, in Brussels, Belgium. Representatives of the European Commission, national governments, academia, and industry examined the European perspectives on the highly topical issue of external energy policy and assessed their relative prospects. The purpose of the conference was to take stock of current policies and to develop perspectives for the future. This monograph comprises five chapters: - A background paper prepared by Jacques Lesourne. A version of this document was given to the speakers prior the conference. It provided a set of questions that were designed to orient their reflection. - Three background papers that introduced some of the questions to be addressed during the three sessions. These papers were written by Jan Horst Keppler, professor at Universite Paris-Dauphine and Senior Research Associate at the Ifri Energy Program; Roland Goetz, Senior Research Fellow at the Institute for International and Security Affairs (SWP), Berlin; and Coby van der Linde, Senior Research Fellow and Director of the Clingendael International Energy Programme (CIEP). - An assessment of the main points raised during the exchanges among the conference participants and an evaluation of the European Union's external energy policy written by J. Lesourne

Energy relationships between the European union and Russia in the world context

International Nuclear Information System (INIS)

Zaleski, P.; Aoun, M.C.

2005-01-01

A seminar was held by the CGEMP and the MIEC on April 18 and 19 2005 on the energy relationships between the European Union and Russia in the world context. Three issues discussed during the seminar seem important to us. Coal seems to have to play an increasingly significant role in electricity production, not only in China and India, but also in the European Union, according to the Commission's forecasts. These projections are clearly incompatible with the objectives for Kyoto, unless investments are made in research and development for carbon sequestration and its impact on the cost of electricity, which does not seem the case currently. Investments upstream an in gas and oil transportation are likely to pose problems for supply safety in the medium term. These problems seem to be increased by the liberalization of gas and electricity markets in the Union. Lastly, the seminar brought out the very different perception of the risk by Russia and by the European Union and the International Energy Agency. (authors)

The new regulatory state: the social powers of the European Union.

Science.gov (United States)

Walby, S

1999-03-01

The understanding of the European Union poses a challenge for Sociology and its traditional conceptions of the state. In particular, the impact of the social dimension has been underestimated and undervalued. This paper explores the implications of the developing social dimension of the European Union for European social relations in the context of globalization which allegedly reduces the power of states to act effectively in the social realm. It argues for a broader conceptualization of the social dimension and for a new conception of the regulatory state. It argues that the significance of a politico-legal project social justice. It concludes with a re-consideration of the powers of the state in an era of globalization

The Politics of the Economics of Education in the European Union

Science.gov (United States)

Jones, Peter

2010-01-01

This article critically examines the work of the European Commission-sponsored network, the European Expert Network on Economics of Education (EENEE). The aim is to develop understanding of the context and significance of the mobilization of the economics of education research and policy paradigm within the European Union's Education and Training…

Voluntary health insurance in the European Union: a critical assessment.

Science.gov (United States)

Mossialos, Elias; Thomson, Sarah M S

2002-01-01

The authors examine the role and nature of the market for voluntary health insurance in the European Union and review the impact of public policy, at both the national and E.U. levels, on the development of this market in recent years. The conceptual framework, based on a model of industrial analysis, allows a wide range of policy questions regarding market structure, conduct, and performance. By analyzing these three aspects of the market for voluntary health insurance, the authors are also able to raise questions about the equity and efficiency of voluntary health insurance as a means of funding health care in the European Union. The analysis suggests that the market for voluntary health insurance in the European Union suffers from significant information failures that seriously limit its potential for competition or efficiency and also reduce equity. Substantial deregulation of the E.U. market for voluntary health insurance has stripped regulatory bodies of their power to protect consumers and poses interesting challenges for national regulators, particularly if the market is to expand in the future. In a deregulated environment, it is questionable whether this method of funding health care will encourage a more efficient and equitable allocation of resources.

Renewable Energies and European Union Law: between (internal) market and general interest

International Nuclear Information System (INIS)

Alvesdu, Carlos Manuel

2014-01-01

The various legislative instruments of the European Union related to renewable energy illustrate the complex relationship between the market and the public interest in the EU. How does the European public power articulate the public interest and the market? Such European laws are united by the way of a dialectical common approach. Firstly, it is about using the market to achieve the public interest, namely the protection of the environment. Therefore, the promotion of renewable energies, as a public interest goal, largely depends on the market. However, the market can do wrong. When the market is insufficient, fallible, the European Union will not hesitate to intervene to inflect it, in the name of the public interest

Implementation of renewable energy in the European Union until 2010

Energy Technology Data Exchange (ETDEWEB)

Harmelink, M.; Voogt, M.; Joosen, S.; De Jager, D. [Ecofys, Utrecht (Netherlands); Palmers, G.; Shaw, S. [3E, Brussels (Belgium); Cremer, C. [Fraunhofer-Institut fuer Systemtechnik und Innovationsforschung ISI, Karlsruhe (Germany)

2002-08-01

PRETIR is the acronym for Progress of Renewable Energy: Target Setting, Implementation and Realisation. The PRETIR project aims at developing a monitoring protocol, including a set of transparent indicators, through which monitoring of policy development with regard to renewable energy sources in the 15 European Union (EU) Member States can take place; i.e. the degree to which the national and European targets are translated to national action plans and policy instruments to realise the targeted implementation of renewable energy sources. By analysing the results of this monitoring process conclusions can be drawn on the likeliness of achieving the goals as set in the White Paper, the Directive on electricity from renewable energy sources, the draft Directive on biofuels and the Campaign for Take-Off. This report holds the results of the monitoring of renewable energy policies for the European Union. Chapters 2 and 3 start with a brief outline of the used definitions and monitoring methodology. A more detailed description of the methodology is available in the monitoring report, published separately. Chapter 4 provides an overview of the renewable energy policies in the EU Member States and is followed by chapters dealing with each of the distinguished renewable energy sources. Finally, chapter 11 holds the conclusions on the progress on implementation of renewable energy sources in the European Union.

European Union [National and regional programmes on the production of hydrogen using nuclear energy

Energy Technology Data Exchange (ETDEWEB)

NONE

2013-03-15

The European Union comprises highly industrialized countries with extended urban agglomerations, and therefore needs to rely on a secure and economically competitive supply of energy. As of 2007 the European Union, with 7.5% (or 496 million) of the world population, consumed 15% (1757 Mtoe) of the total energy and 18% (3325 TW-h) of the total electricity, and was responsible for 14% (4100 million t) of the total CO{sub 2} emissions. Primary energy by fuel share is 19% coal (down from 28% in 1990), 35% oil, 25% natural gas, 14% nuclear and 8% renewables. The respective electricity shares are 31% coal, 28% nuclear, 22% natural gas, 9% hydro, 6% other renewables and 3% oil. The production of oil and natural gas in the European Union has been decreasing for a few years. The situation in the European Union as projected for the next 30 years is characterized by a growing demand for energy by 2 %/a and, at the same time (after 2010), decreasing domestic energy production. In 2030, if no additional measures are taken, 70% of the energy demand will have to be covered by imports. In addition, this development will push CO{sub 2} emissions up 14% compared to the 1990 level, far off the Kyoto commitment of an 8% reduction. For these reasons, all energy options should be left open for the future. In 2007, principal energy and climate policy targets for the European Union were redefined by the European Council (the decision making organ of the European Union) to be attained by the year 2020, which are characterized by the 'three twenties': - A 20% reduction of GHGs compared to the 1990 level; - A 20% share of renewable energies of end use (compared to 8.5% at present); - A 20% efficiency of energy use.

European Union [National and regional programmes on the production of hydrogen using nuclear energy

International Nuclear Information System (INIS)

2013-01-01

The European Union comprises highly industrialized countries with extended urban agglomerations, and therefore needs to rely on a secure and economically competitive supply of energy. As of 2007 the European Union, with 7.5% (or 496 million) of the world population, consumed 15% (1757 Mtoe) of the total energy and 18% (3325 TW-h) of the total electricity, and was responsible for 14% (4100 million t) of the total CO 2 emissions. Primary energy by fuel share is 19% coal (down from 28% in 1990), 35% oil, 25% natural gas, 14% nuclear and 8% renewables. The respective electricity shares are 31% coal, 28% nuclear, 22% natural gas, 9% hydro, 6% other renewables and 3% oil. The production of oil and natural gas in the European Union has been decreasing for a few years. The situation in the European Union as projected for the next 30 years is characterized by a growing demand for energy by 2 %/a and, at the same time (after 2010), decreasing domestic energy production. In 2030, if no additional measures are taken, 70% of the energy demand will have to be covered by imports. In addition, this development will push CO 2 emissions up 14% compared to the 1990 level, far off the Kyoto commitment of an 8% reduction. For these reasons, all energy options should be left open for the future. In 2007, principal energy and climate policy targets for the European Union were redefined by the European Council (the decision making organ of the European Union) to be attained by the year 2020, which are characterized by the 'three twenties': - A 20% reduction of GHGs compared to the 1990 level; - A 20% share of renewable energies of end use (compared to 8.5% at present); - A 20% efficiency of energy use.

Zoonoses in the European Union: origin, distribution and dynamics

DEFF Research Database (Denmark)

Lahuerta, A.; Westrell, T.; Takkinen, J.

2011-01-01

We present a summary of the main findings of the latest report of the European Food Safety Authority and European Centre for Disease Prevention and Control on zoonoses, zoonotic agents and food-borne outbreaks in the European Union (EU), based on data from 2009. Zoonoses are prevalent and widely...... distributed across several countries in the EU. The most important highlight of this report was the continuous decrease of human salmonellosis since 2005, probably due to effective control programmes in livestock....

Industry Perspective of Pediatric Drug Development in the United States: Involvement of the European Union Countries.

Science.gov (United States)

Onishi, Taku; Tsukamoto, Katsura; Matsumaru, Naoki; Waki, Takashi

2018-01-01

Efforts to promote the development of pediatric pharmacotherapy include regulatory frameworks and close collaboration between the US Food and Drug Administration and the European Medicines Agency. We characterized the current status of pediatric clinical trials conducted in the United States by the pharmaceutical industry, focusing on the involvement of the European Union member countries, to clarify the industry perspective. Data on US pediatric clinical trials were obtained from ClinicalTrials.gov . Binary regression analysis was performed to identify what factors influence the likelihood of involvement of European Union countries. A total of 633 US pediatric clinical trials that met inclusion criteria were extracted and surveyed. Of these, 206 (32.5%) involved a European Union country site(s). The results of binary regression analysis indicated that attribution of industry, phase, disease area, and age of pediatric participants influenced the likelihood of the involvement of European Union countries in US pediatric clinical trials. Relatively complicated or large pediatric clinical trials, such as phase II and III trials and those that included a broad age range of participants, had a significantly greater likelihood of the involvement of European Union countries ( P European Union countries, and (3) feasibility of clinical trials is mainly concerned by pharmaceutical industry for pediatric drug development. Additional incentives for high marketability may further motivate pharmaceutical industry to develop pediatric drugs.

VALUES OF THE EUROPEAN FINANCIAL SPACE

Directory of Open Access Journals (Sweden)

NICU DURET

2011-04-01

Full Text Available This paper aims to analyze the perspective of the European financial space which should allow the professional intermediaries – the credit establishments, the insurance companies or investment services, to propose their services to the entire community of customers. Actually, here are considered the traditional banking services, such as those that provide insurance, especially those relating to life insurance.The access to regulated markets, it takes place in the perspective of this financial space, especially after coming into circulation of Euro coin. It should be insight, that the access to these markets, often requires the using of intermediaries. We can not speak about the existence of the financial space, without the freedom of action of these professional intermediaries. Concerning the freedom of these services, we can say that they depend on the movement of capital, and the movement capital is engaged since the directive of May 11, 1966, and subsequently is required after the June 24, 1988 and was confirmed by the Maastricht Treaty. Thus, we can discuss about the liberty of movement of capital, through angle the coordination of national legislation in matters of banks, the insurance and the investment services through a significant number of directives adopted. Nowadays, the European financial space is overtake, the EU borders and the internationalization of operations is require the extensive possible legal framework of application, also all the directives issued in matters of banks and insurance are covered by Annex VIII of the Agreement on the European Financial Space. The agreement also provides the interdictions of restrictions or discrimination concerning the movements of capital. As a consequence, the study is approach both to aspects concerning the European financial space and the interdictictions of restrictions or discrimination concerning the movements of capital.

The Single Supervisory Mechanism: the Building Pillar of the European Banking Union

Directory of Open Access Journals (Sweden)

Luigi Chiarella

2016-07-01

Full Text Available One of the lessons learned from the 2008 financial crisis is that when a bank in Europe goes into trouble the ensuing effects can reach far beyond the immediate threat to its depositors and shareholders. In particular, the crisis has revealed the extent to which irresponsible behavior in the banking sector could undermine the foundations of the financial system and threaten the real economy, turning a banking crisis into a sovereign debt crisis as occurred in the eurozone in 2011. In response to this lesson, Member States first tried to address the systemic fragility of their banking systems through national policy tools, but countries that share a common currency and are more interdependent required more integrated responses. Therefore, at the euro area summit in June 2012, the European Council agreed to break the vicious circle between banks and sovereign debt and decided to create a banking union that would allow a centralized supervision for banks in the euro area through a newly established Single Supervisory Mechanism (SSM and a centralized resolution scheme. The SSM became operational in November 2014 and represents the building pillar of the banking union. The purpose of this paper is then to provide, after a brief description of the background (Par. 1, an analysis of the Single Supervisory Mechanism, illustrating its functioning (Par. 2, then focusing on the position and the powers of the ECB within it (Par. 3 and finally pointing out some remarks on the potential weaknesses of the new regime (Par. 4.

The European Union's Role in the Development of Global Environmental Law

DEFF Research Database (Denmark)

Basse, Ellen Margrethe

2017-01-01

This article is focused on the role that the European Union (EU) is playing as a global actor when it is using its 'internal' regulatory power as well as its parallel market power 'externally' to strengthen and to fill out gaps in the global environmental law.......This article is focused on the role that the European Union (EU) is playing as a global actor when it is using its 'internal' regulatory power as well as its parallel market power 'externally' to strengthen and to fill out gaps in the global environmental law....

the right to GOOD ADMINISTRATION IN THE Court of Justice of the EUROPEAN Union CASE LAW

Directory of Open Access Journals (Sweden)

Elisabeta SLABU

2017-06-01

Full Text Available The provisions of the Lisbon Treaty highlight that, at present, the Union has as objectives, not only an unitary economic development, but also strengthening the observance of peoples' fundamental rights, hence, implicitly, the right to good administration. The Court of Justice of the European Union has analyzed over time, in its decisions, the emergence and development of the good administration principle, its fundamental elements, and impossibility of framing it clearly in a definition, and, not least, turning the principle of good administration into a fundamental right through the Charter of Fundamental Rights of the European Union. At European level, citizens of the EU member states, but also those from third countries thus benefit from a right to good administration in the relations with European Union institutions and bodies, according to Article 41 of the Charter of Fundamental Rights of the European Union. The same should be the proceeding at internal level. Each Member State of the European Union should concern itself about identifying and promoting the most adequate measures for ensuring good governance and good administration. By identifying and applying at national level the principles governing the public administration activity at European level can be created the requisites for a national public administration that is transparent and efficient, close to the needs and interests of its citizens and that could be considered an integral part of the European public administration.

Exploring central governments' coordination of European Union affairs

DEFF Research Database (Denmark)

Jensen, Mads Christian Dagnis

2017-01-01

This study explores the coordination mechanisms managed by the central governments of the European Union (EU) in order to develop negotiation positions for their plenipotentiaries in the Council. Utilizing novel data from an expert survey, the first part examines the relationships within and betw...

European Union at the end of 1997: who is within the public finance “sustainability” zone?

Directory of Open Access Journals (Sweden)

L.L. PASINETTI

1998-03-01

Full Text Available The Maastricht Treaty of 1992 contains regulations on the eligibility of European Union (EU member countries to join the single currency. 'Sustainability' of a country's public finance position is one of the four criteria for membership of the single currency. One major finding is the extremely important role to be played by the policies aimed at regulating the level of the medium- and long-term rates of interest within a framework of financial and fiscal stability. Belgium and Italy, which have higher debt/GDP ratios, may achieve convergence sooner through privatisation of public debt enterprises.

Energy policy (Of the European Union, Slovakia, comparison with Austria and its practical application)

International Nuclear Information System (INIS)

Obrtalova, S.

2005-04-01

This thesis has been prepared in frame of the study at the Faculty of Management, Comenius University in Bratislava, major European Integration. The work aims on raising the attention on reasonable serious and actual topic and tries to stimulate the discussion about the possible solution of contemporary non-sustainable energy situation. Interest of the broad public and its understanding of the connection with sustainable development is inevitable. The thesis concerns on the energy policy in the European Union, it is about the energy management as a whole and related problems and approaches to its solutions as well. In a shortened and simplified form there are described the basic principle tools and aspects of the energy management on an international level, while it portrays also the historical conjunctions of the topic. In the other part of the thesis the answers on questions about the compatibility of the Slovak energy policy and European Union intentions are presented. Austrian energy policy is compared as well. This part discusses also the energy possibilities of the Slovakia, from the point of view of nature, legislation and financial conditions. The fourth chapter is focused on the particular possibilities of the energy problems' solutions, respectively the opportunity of strategic investment into energy solutions on a companies' level. In order to describe and evaluate independently the particular measures, various renewable energy resources, cogeneration and energy investment proposals are listed. The aim of the measures is increased energy efficiency of the company. The used information comes from various foreign and domestic resources, mostly the Internet and written publications. (author)

Internal Border Controls in the European Union

DEFF Research Database (Denmark)

Jørgensen, Carsten Willemoes; Sørensen, Karsten Engsig

2012-01-01

Recent events, involving inter alia France and Denmark, have stimulated renewed interest in the introduction of different forms of border controls at the internal borders within the European Union. These border control measures are aimed at checking either persons or goods or both. Against...... the background of these events, this article analyses the existing rules regulating controls of persons and goods, and explores how these rules may or may not stand in the way of introducing border controls at the European Union’s internal borders. These events have resulted in a call for reforms of the current...

Vocation or Vocational? Reviewing European Union Education and Mobility Structures

Science.gov (United States)

Hadfield, Amelia; Summerby-Murray, Robert

2016-01-01

This article examines the role that education plays in European Union (EU) integration. We ask whether efforts which historically have been designed to endow European students with a "knowledge of Europe" in terms of an understanding of culture, politics and sensibility have been circumscribed by, or augmented, by the recently…

Book Review: Lobbying the European Union: Institutions, Actors and Issues, David Coen and Jeremy Richardson (eds.

Directory of Open Access Journals (Sweden)

Alexandra Pop

2013-03-01

Full Text Available The volume "Lobbying the European Union: Institutions, Actors and Issues", collects 16 articles on interest group politics at EU level, focusing on the main elements of European lobbying - the existing relations between the EU institutions and the special interests, the main differences between NGO and business lobbying, the specific lobbying strategies adopted in EU's main policy sectors or lobbying regulations. The volume captures the main changes that took place on the European lobbying scene in the last two decades, period in which most EU institutions developed new points of access for lobbyists, while the interest groups became more specialized. The success of an EU lobbying campaign seems to be determined by a combination of various factors such as: a good knowledge of the EU environment, a wise usage of both financial resources and expertise, direct lobbying complemented by an efficient usage of domestic routes and the capability of creating smart alliances.

The Consequences of “Options” in the Directive 2013/34/Eu of the European Parliament and of the Council on the Financial Statements

Directory of Open Access Journals (Sweden)

Eva Hýblová

2017-01-01

Full Text Available Directive 13/34/EC of the European Parliament and of the Council of 26 June 2013 on the annual financial statements, consolidated financial statements and related reports of certain types of undertakings is an instrument of the harmonisation of accounting in member states of the European Union. The Directive contains a number of various ways for recognition and measurement of financial statements, alternative forms of statements or simplifications for small and medium sized enterprises, worded as “permit or require”. On the one hand, these differing ways can facilitate application of the Directive in national legislations; on the other hand, they can significantly reduce the comparability of information published in financial statements. The aim of the paper is to verify the relation between the options to be chosen and the variability of the resulting values of the financial statement items. Based on the findings, the results are evaluated in relation to the informative function of financial reporting.

YOUNGSTERS INSERTION ON THE LABOUR MARKET. A COMPARATIVE ANALYSIS ROMANIA - EUROPEAN UNION

Directory of Open Access Journals (Sweden)

Dobre Mihaela Hrisanta

2008-05-01

Full Text Available The insertion of young people into the labor market represents an important issue amongst all the countries within the European Union and this process is studied differently from one country to another. At present the European Union counts about 75 million young people with the age between 15 and 24 years old. This article main objective is to study insertion rate of young people the labour market as well as it deals with their problems.

76 FR 44890 - Notice of Decision To Authorize the Importation of Garlic From the European Union and Other...

Science.gov (United States)

2011-07-27

...] Notice of Decision To Authorize the Importation of Garlic From the European Union and Other Countries... European Union and other countries. Based on the findings of a commodity import evaluation document, which... associated with the importation into the continental United States of fresh garlic from the European Union...

[EMPLOYMENT OF THE ELDERLY PEOPLE IN THE EUROPEAN UNION AND UKRAINE: REALITIES, PROBLEMS AND PROSPECTS].

Science.gov (United States)

Prokopenko, N A

2016-01-01

The study focuses on the issue of older people employment in the European Union and Ukraine. We analyzed the relationship of employment for older people and their income, of employment and of the value of index of social capital, life expectancy and income after retirement. It is shown that the employment rate of older people increased even during the economic crisis. The author has outlined the main causes of employment and the fields of activity of retirees. The basic reasons of employment are financial motives. However, motivation does not come from financial necessity, but because of work satisfaction in countries such as Denmark, Austria, Sweden. The main scope of employment of retirees in Ukraine is the industrial sector, but in the EU working retirees 65+ are engaged in agriculture, forestry and fishing sector, self-employment widespread among retirees. The author has outlined the basic directions of pension policy.

The Principal-Agent model and the European Union

NARCIS (Netherlands)

Delreux, Tom; Adriaensen, J.

2017-01-01

This book assesses the use and limitations of the principal-agent model in a context of increasingly complex political systems such as the European Union. Whilst a number of conceptual, theoretical and methodological challenges need to be addressed, the authors show that the principal-agent model

Underlying Paradox in the European Union's Multilingualism Policies

Science.gov (United States)

Johnson, Fern L.

2013-01-01

The European Union (EU) has developed comprehensive policies in recent years to promote multilingualism. In this article, major EU policy statements on multilingualism are analyzed to demonstrate how their underlying language ideology produces paradox by both encouraging multilingualism and regulating its definition within the EU. The first…

One voice or different choice?: Vote defection of European Union member states in the United Nations General Assembly

DEFF Research Database (Denmark)

Burmester, Nicolas; Jankowski, Michael

2018-01-01

Existing research suggests that European Union member states are increasingly able to act in concert in the United Nations General Assembly. Based on several hundred co-ordination meetings per year, the European Union ‘speaks with one voice’ on most of the resolutions voted upon in the United...... Nations General Assembly. However, little is known about instances where the European Union member states do not vote coherently. Three questions remain unanswered. First, which aspects affect deviating voting behaviour of European Union member states? Second, who are the most frequent defectors from...... the European Union’s majority position? Third, which voting blocs within the European Union can be identified? The article answers these questions in a quantitative design by controlling for domestic factors, issues of resolutions and the position of the United States. The results suggest that domestic aspects...

Trans-European transport networks and urban systems in European Union

Directory of Open Access Journals (Sweden)

Maksin-Mićić Marija

2003-01-01

Full Text Available The trans-European transport network has different effects at interregional macro-regional and mezzo-regional level, and its effectiveness rises at the lower regional levels. Possible approaches to the trans-European transport network impact and effect survey and policy options have been pointed out. In that respect the brief review of survies, strategic framework and policies in European Union has been given. The importance of increased accessibility and mobility for regional expansion and for more balanced and polycentric system of city networks has been underlined. The question is how the new major transport infrastructure affects the development of functional complementarity between cities and regions. The new trans-European or major transport infrastructure does not per se create regional and urban system network development, although it can affect the conditions for the processes that create growth and development. The effects can be increased by co-ordination of measures of regional and urban policy, land use, transport and other policies. The necessary measure is the introduction of spatial impact assessment as sectorial policy instrument for the large transport infrastructure projects.

76 FR 15279 - Importation of Garlic From the European Union and Other Countries Into the Continental United States

Science.gov (United States)

2011-03-21

...] Importation of Garlic From the European Union and Other Countries Into the Continental United States AGENCY... measures under which garlic may be imported into the continental United States from the European Union and..., Ukraine, and Uzbekistan. In this document, we refer to them as the European Union (EU) and other countries...

The role of union support in coping with job insecurity: A study among union members from three European countries

OpenAIRE

Sjoerd Goslinga; Johnny Hellgren; Antonio Chirumbolo; Hans De Witte; Katharina Näswall; Magnus Sverke

2005-01-01

The present study examines the potential moderating role of union support in the relationship between job insecurity and work-related attitudes and well-being of unionised employees. Survey data collected among union members from three European countries (The Netherlands, Italy and Sweden) indicate that job insecurity is associated with reduced levels of job satisfaction, well-being and organisational commitment. Contrary to expectations, union support moderated neither the effect of job inse...

The European Union Policy in the Field of Rare Diseases.

Science.gov (United States)

Moliner, Antoni Montserrat; Waligora, Jaroslaw

2017-01-01

Rare diseases, are defined by the European Union as life-threatening or chronically debilitating diseases with low prevalence (less than 5 per 10,000). The specificities of rare diseases - limited number of patients and scarcity of relevant knowledge and expertise - single them out as a unique domain of very high European added-value.The legal instruments at the disposal of the European Union, in terms of the Article 168 of the Treaties, are very limited. However a combination of instruments using the research and the pharmaceutical legal basis and an intensive and creative use of funding from the Health Programmes has permitted to create a solid basis that Member States have considered enough to put rare diseases in a privileged position in the health agenda.The adoption of the Commission Communication, in November 2008, and of the Council Recommendation, in June 2009, and in 2011 the adoption of the Directive on Cross-border healthcare., have created an operational framework to act in the field of rare disease with European coordination in several areas (classification and codification, European Reference Networks, orphan medicinal products, the Commission expert group on rare diseases, etc.).Rare diseases is an area with high and practical potential for the European cooperation.

European Union funded project on the development of a whole complement deficiency screening ELISA

DEFF Research Database (Denmark)

Würzner, Reinhard; Tedesco, Francesco; Garred, Peter

2015-01-01

A whole complement ELISA-based assay kit, primarily designed to screen for deficiencies in components of the complement system was developed during a European Union grant involving more than a dozen European scientists and a small-medium enterprise company (Wieslab, which later merged into Eurodi......A whole complement ELISA-based assay kit, primarily designed to screen for deficiencies in components of the complement system was developed during a European Union grant involving more than a dozen European scientists and a small-medium enterprise company (Wieslab, which later merged...

CONSIDERATIONS REGARDING REGULATIONS ON FINANCIAL MARKETS IN THE CONDITIONS OF ROMANIA AS A EU MEMBER STATE

Directory of Open Access Journals (Sweden)

ALEXANDRU CRISTIAN DOBRE

2018-02-01

Full Text Available Financial markets are increasingly becoming an area of major interest to the European Union in its efforts to achieve competitive global development levels similar to those of the United States. The Lisbon Agenda is a testimony to this, although the latest assessments are not at all optimistic about the achievement of the target as expected for 2010. To meet its objectives, the EU has generated a comprehensive package of regulatory initiatives, composed of directives and regulations that translate its policies into the field. The paper aims at a careful review of all of them. Approximation of investment and capital markets is made from the two major chapters of Community policies whose freedom of movement within the internal market is a fundamental desideratum of the European Union: the free movement of capital and freedom of movement of services. Financial markets are an integral part of European capital under current conditions, so development regulation helps European Union member states achieve their financial goals. At the same time, by imposing these regulations, we observe the European Union's intention to act as a starter of systems to bring to the development of states and not to leave behind the countries that are in difficulty, through a rigorous and transparent regulation of the financial markets.

A Study of Milk Support Policies in the European Union and in Turkey

Directory of Open Access Journals (Sweden)

Özlem Toplu YILMAZ

2017-06-01

Full Text Available This paper is an analysis of milk support policy in the European Union and in Turkey. Turkey’s adaptation of its milk policy to the Common Agricultural Policy of European Union is on the agenda since Turkey has been a candidate country in 1999. Regarding that the Common Agricultural Policy has been reformed many times, Turkey has to adapt its milk sector to a changing policy. Turkey, on the other hand, pursues different support policy in the milk sector. The producers, who are registered in the Farming Registration System, receive milk incentive premiums. There are no similarities between Turkish milk support policy and European Union’s milk support policy. According to the last progress reports, Turkey has to improve Farming Registration System. Turkey has to adjust milk production process to the European Union standards. Furthermore, in the accession process, Turkey plans to increase consumption and also needs to promote milk and milk products producers’ organizations.

Legislative Co-decision in the European Union

DEFF Research Database (Denmark)

This volume takes stock of twenty years of practising and studying codecision in the European Union (EU) and examines the procedure’s long-term implications for the EU’s institutions, politics and policies. The introduction of co-legislation between the Council of Ministers and the European...... the extent to which codecision has delivered the expected gains and to review the unexpected effects that have followed from its introduction, such as the growing informalisation of EU decision-making. Using a combination of in-depth qualitative case studies, wider quantitative analyses, practitioners......’ insights and a review of the procedure’s democratic legitimacy the contributions offer a holistic assessment of the effect of co-decision on the political system of the EU. This book was published as a special issue of the Journal of European Public Policy....

The European Union face to the nuclear risks of the CIS

International Nuclear Information System (INIS)

Benoit, L.

1997-01-01

This paper deals with the nuclear disarmament, the risk of nuclear proliferation, the brain drain and the traffic of nuclear materials in the Community of Independent States (CIS) after the collapse of the Soviet Union, and the actions carried out by the European Union to solve these growing up threats. (J.S.)

The European Gonococcal Antimicrobial Surveillance Programme (Euro-GASP)--a sentinel approach in the European Union (EU)/European Economic Area (EEA).

Science.gov (United States)

Spiteri, Gianfranco; Cole, Michelle; Unemo, Magnus; Hoffmann, Steen; Ison, Catherine; van de Laar, Marita

2013-12-01

Antimicrobial resistance in Neisseria gonorrhoeae is monitored in the European Union/European Economic Area through the European Gonococcal Antimicrobial Surveillance Programme (Euro-GASP) coordinated by the European Centre for Disease Prevention and Control. Euro-GASP includes a sentinel surveillance programme which aims to detect in a timely manner changes in resistance patterns and inform treatment guidelines. The programme aims to test a representative number of isolates from each European Union/European Economic Area member state per year for a range of therapeutically relevant antimicrobials through a biannual hybrid centralised/decentralised system. Testing is supported by an External Quality Assurance programme and a laboratory training programme. Participation in the programme has increased to 21 countries in 2012. Euro-GASP has been able to detect the rapid spread of isolates with decreased susceptibility to cefixime across Europe in 2010 and 2011. Results from the programme have informed changes in European treatment guidelines for gonorrhoea and led to the development of the 'Response plan to control and manage the threat of multidrug resistant gonorrhoea in Europe'. Future challenges for Euro-GASP include supporting countries to participate in Euro-GASP through decentralised testing, improving timeliness and epidemiological data quality, and increasing participation from Eastern Europe.

The integration of Poland into the European Union

OpenAIRE

FAUCOMPRET, Erik; KONINGS, Jozef

2001-01-01

Poland was among the first Eastern European countries to apply for membership of the European Union. In view of Poland’s tragic history and the economic liberalisation that has taken place since 1989, we believe that the EU should adopt a generous approach toward its application. Unfortunately it looks as if the EU wants Poland to conform with all its laws before it can join. Our research suggests that the EU should pursue an open trade, labour and investment policy. Poland’s membership will ...

European union contribution to the solution of the Chornobyl problems

International Nuclear Information System (INIS)

Djuglaris, D.; Konstantinov, N.

2001-01-01

The European Union has been the driving force in the development and implementation of the 1995 Memorandum of Understanding between the Governments of the G-7 countries and the European Commission and the Government of Ukraine on the closure of the Chornobyl NPP. Today, it is possible to summarize the past and current European Commission involvement into the solution of this huge problem and to see what the EC can do in future

STRATEGIC PARTNERSHIP BETWEEN THE EUROPEAN UNION AND UNITED STATES OF AMERICA

Directory of Open Access Journals (Sweden)

NICOLETA GEORGETA PANAIT

2014-11-01

Full Text Available European Union is one of the largest markets in the world for the import of goods and services, especially those with high added value, is the area with the biggest investment of foreign companies and one of area with the largest number of foreign investments abroad. The European Union is still a market with a huge attractiveness for investors. EU and US seek to strengthen mutually beneficial economic partnership and have the ability to consolidate the two economies. Through strategic partnerships, EU seeks to create alliances to achieve its foreign policy objectives globally.

The impact of European Union law on the possibilities of European Union Member States to adapt international tax rules to the business models of multinational enterprises

NARCIS (Netherlands)

Douma, S.; Kardachaki, A.

2016-01-01

European Union (EU) law has played a key role in enforcing the EU BEPS agenda, while also introducing limits to the application thereof. The European Commission (EC) sees a clear link between aggressive tax planning and competition law. Against this background, EU State aid law has been employed to

Delay and restricted access of new molecules in Turkey compared to the United States and European Union.

Science.gov (United States)

Şahin, Toros; Yeşil, Atakan; Topcu, Türker

2013-01-01

This study compares the performances of new-molecule (NM) launches in Turkey with those in the European Union and United States for the years 2007-2013. The Thomson Reuters Newport Horizon for Innovators Database is used to identify NMs with a launch date after January 1, 2007, worldwide and marketing authorization approval after January 1, 2007, in the European Union. The launch dates for the European Union, the United States, and Turkey were retrieved from the same database. Data for Turkey were confirmed via IMS and RxMedia. Out of 183 records identified that are launched in the European Union, the United States, or both, 44 of the NMs are launched in Turkey (24%). The results of this study show that 24% of the NMs that are launched in either the European Union or United States were able to be launched in Turkey with a mean delay of 821 days (2.25 years).

2009 energy prices in the European Union

International Nuclear Information System (INIS)

2010-01-01

In 2009, the natural gas price fell down in the European Union (EU). This drop was of about -5% (excluding taxes) as an average for companies, and of about -3% for households (including taxes). On the other hand, the electricity prices raised by 3% for companies and by 5% for households. In France, only the gas price for companies has dropped between 2008 and 2009. The electricity prices remain significantly lower than the EU average: -29% for companies and -30% for households. The gas price in France remains close to the European average but is significantly lower than the average price in the euro area. (J.S.)

The EU Capital Markets Union and Financial Stability

Directory of Open Access Journals (Sweden)

Kravchuk Igor S.

2017-06-01

Full Text Available The aim of the article is to study the processes of formation of the EU Capital Markets Union in the context of their influence on stability of the markets and the financial system as a whole. In the course of analyzing the project for the building of a single capital market with respect to financial stability, there determined its positive aspects as well as threats and challenges associated with simplification of information requirements to the prospectus of public offering of securities, low liquidity and higher volatility of the equity markets of small and medium-sized businesses, reduction of the regulatory requirements to investment firms (securities traders, correction of prudential norms for infrastructure investments of banking institutions and insurance companies, introduction of a simple, transparent and standard securitization, a secondary market for distressed banking assets, and a potential spread of financial instability at cross-border investments in securities.

The Limits of Agencification in the European Union

NARCIS (Netherlands)

Scholten, Mira; van Rijsbergen, Marloes

2014-01-01

Although not explicitly regulated by the EU treaties, EU agencies not only exist but also have increased in number and power. In addition, while EU agencies may exercise very similar functions to those of the Commission, Articles 290 and 291 of the Treaty on the Functioning of the European Union

The advantages of a small European Monetary Union

OpenAIRE

Menkhoff, Lukas; Sell, Friedrich L.

1991-01-01

The question whether European Monetary Union should include all the EC countries from the start or should initially be limited to a few core countries is again being discussed more intensely. What advantages would a small EMU have from an economic point of view? Which countries should be its founder members?

Safeguarding values in the European Union: : The European Parliament, Article 7 and Hungary

NARCIS (Netherlands)

Bonelli, Matteo

2015-01-01

The recent constitutional crisis in Hungary and other political developments in several EU member states have raised concerns over the capacity of the European Union to safeguard its fundamental values: democracy, the rule of law and human rights. Mechanisms in the hands of the institutions are

The EIROforum Collaboration Agreement with the European Union

CERN Document Server

2003-01-01

Collaboration between CERN and the European Union has extended over many years, and the European Commission were granted Observer Status in the CERN Council in 1985 already. In 1994, an Administrative Arrangement was signed between CERN's Director-General, Professor C.H. Llewellyn Smith, and the Commissioner of the European Communities, Professor Antonio Ruberti, "to promote co-operation between the Commission of the European Communities and CERN in research and technological development". (See Annex I). In 2000, the EIROforum was set up composed of the Directors-General of the seven organisations - CERN, EFDA, EMBL, ESA, ESO, ESRF and ILL - whom now meet regularly twice per year. More information is available at the Web site www.eiroforum.org. On 27 October 2003, the EIROforum members signed a joint "Statement of Intent" with the European Commission, represented by Commissioner Philippe Busquin, confirming their common commitment to developing the European Research Area. The goal is to work together to estab...

Recommended energy and nutrients intakes in the European Union: 2008-2016

Science.gov (United States)

García Gabarra, Antoni; Castellà Soley, Marta; Calleja Fernández, Alicia

2017-03-30

The aim of this document is to refl ect the changes happened in the European Union legislation and the opinions of the European Food Safety Authority in relation to the nutritional labeling on food, the reference values for energy, macronutrients and micronutrients, and the tolerable upper safe levels. The European legislation in force uses the labeling reference values established by the Scientific Committee on Food in 2003. There would be advisable an update of them from the reference values for vitamins and minerals established by the European Food Safety Authority. Equally, there would be good to include reference labeling values for polyunsaturated fatty acids, dietary fiber and choline, and specific reference labeling values for children from 6 to 36 months. For vitamins and minerals there would be desirable the revision of tolerable upper safe levels and the establishment of maximum amounts allowed in fortified food and food supplements in the European Union; its absence might represent a risk in some population groups for an excessive and unsafe intake of certain minerals and vitamins.

75 FR 67970 - Notice of Inquiry; An Analysis of the European Union Repeal of the Liner Conference Block Exemption

Science.gov (United States)

2010-11-04

... FEDERAL MARITIME COMMISSION Notice of Inquiry; An Analysis of the European Union Repeal of the... information and comments concerning the effects on international liner shipping of the European Union's (``E.U.... The adoption by the European Union of Regulation 1419/2006 (``Repeal''), on September 25, 2006...

Determinants of Foreign Direct Investment in South East European Countries and New Member States of European Union Countries

Directory of Open Access Journals (Sweden)

Bardhyl Dauti

2015-03-01

Full Text Available This paper accounts for the main determinants of Foreign Direct Investment flows to 5-SEEC and the 10-New Member States of the EU countries by using an augmented Gravity Model. The study takes into account country specific institutional factors that determine foreign investors’ decisions from 14 core European Union countries to invest into SEE-5 and EU-NMS-10 countries. From the results of the study we find that gravity factors and institutional related determinants like control of corruption, political stability, bilateral FDI agreement, WTO membership and transition progress appear to significantly determine inward FDI flows from core EU countries to host economies of South East European region and new European Union member states.

Software tool for a comparative analysis of Romanian fiscality with other country in European Union

Directory of Open Access Journals (Sweden)

Logica BANICA

2011-11-01

Full Text Available The corporation activity represents a factor of major interest for the economies of all the States due to the economic and social effects that it generates. The conditions of tax nature have an influence on corporations’ investment localization decisions and capital flows so that the policy of each sate in the field of corporative income tax payment must constitute the object of a very careful analysis. Thus, the companies choose to carry out their activity in the countries where they can obtain the biggest net profit after carrying out their specific operations. Reducing taxation rates of the corporate incomes in various member states of the European Union, as an effect of the tax competition, represents the compliance with an international trend, being only to a small extent the result of the government will. In the European Union, Romania has one of the lowest income tax rates as compared to other member states. Starting with 2005, the income tax rate that applies to the taxable profit is of 16%. Analysis of economic and financial performances of subsidiaries of transnational companies active in Romania, considered as representative for their fields of activity, allowed us to formulate judgments about the prospects of investment in the Romanian economy produced by firms with trans-borders business.An information system can have a major impact on corporate strategy and organizational success. The involvement of managers and decision makers in all aspects of information systems is a major factor for organizational success, including higher profits and lower costs. Some of the benefits business organizations seek to achieve through information systems include: better safety, competitive advantage, fewer errors, greater accuracy, higher quality products, improved communications, increased efficiency and productivity, more efficient administration, superior financial and managerial decision making.

Comparison of property taxation systems in the European Union

OpenAIRE

Krzysztof Adam Firlej; Chrystian Firlej

2014-01-01

In this paper an attempt has been made to characterize theoretical and empirical determinants of property taxation systems in the European Union with particular emphasis on the fiscal functions of property tax. The study was conducted based on the method for the analysis and critique of literature. Within the theoretical framework, this study touches upon such issues as: theoretical considerations of property taxation and the classification of property taxation systems within the European Uni...

STATE AID EVOLUTION OVERVIEW IN EUROPEAN UNION CONTEXT DURING THE PERIOD 2007-2012

Directory of Open Access Journals (Sweden)

Anca D.B., DODESCU

2014-11-01

Full Text Available According to the European Union point of view, the fundamental principle of state aid is to ensure that inside the single market, competition is not distorted. In this context, by exception state aid can be justified when they contribute to achieving EU's social and economic goals. This may take place when market forces obstruct the achieving of the proposed objectives or permit their achieving on unacceptable long terms and costs. This article is structured in four parts, focusing on European Union's vision regarding state aid measures. The first part of the article refers to the general context of state aid in EU. The second part of the article tries to define this concept according to European Commission point of view and also studies the state aid information provided by the EU, through its benchmarking instrument regarding state aid expenditure called State Aid Scoreboard. The third part of the article mainly presents the EU state aid evolution during the period 2007 - 2012 and establishes a methodological point of view in order to classify and divide state aid in two main categories: non-crisis state aid and crisis state aid, with the purpose of avoiding the distortion trends regarding state aid expenditure granted for the financial sector. This part of the article also presents different types of state aid at EU27 level and granted by the selected member states (Romania, Hungary, Bulgaria and Germany between 2007 and 2012 and also analysis horizontal aid, sectorial aid and state aid during the economic crisis 2008 - 2012, referring to recapitalization and asset relief measures and guarantees and liquidity measures. The last part of the article presents the conclusions and also states certain recommendations regarding EU state aid practices, based on the results obtained.

Enlargement of the European Union and agricultural policy reform

DEFF Research Database (Denmark)

Jensen, Maria Skovager; Lind, Kim Martin Hjorth; Zobbe, Henrik

2009-01-01

A connection exists between enlargement of the European Union and reforms of the Common Agricultural Policy (CAP). Based upon rational choice theory, we examine whether the member states’ CAP positions are related to structures in their agricultural sectors. The overall hypothesis...

STRATEGIES OF CORPORATE SOCIAL RESPONSIBILITY IN THE EUROPEAN UNION

OpenAIRE

Iamandi Irina Eugenia; Joldes Cosmin

2009-01-01

The present paper emphasizes the corporate social responsibility (CSR) state and development strategies in the European Union and at the level of the Romanian business environment. The aim of the paper is to present the similarities and differences in the

ADVANTAGES AND DISADVANTAGES OF TAX COMPETITION IN THE EUROPEAN UNION

Directory of Open Access Journals (Sweden)

MARIA FELICIA CHIRCULESCU

2018-02-01

Full Text Available With the expansion of globalization, economic integration and the mobility of production factors at the local and global level have been facilitated. In Europe, the process of economic and monetary integration began when barriers to the free movement of goods, capital and labor were formally abolished, although cultural barriers still exist. The need and justification of tax competition is that it can lead to greater efficiency in the use of public sector resources and more efficient allocation of capital. The main advantages of tax competition are those related to the reduction of tax rates, which can lead to boosting consumption and investment. The method used to achieve the objective is complex, from statistical and economic analyzes of fiscal data to a comparative technique at the level of the European Union. The database used is from Eurostat sources and other European Commission work on taxation in the Member States of the European Union.

Bulgaria : Country Financial Accountability Assessment

OpenAIRE

World Bank

2003-01-01

Bulgaria's ambitious program of reforms in several areas, including public financial management (PFM), focuses greatly on its entry into the European Union (EU). Thus, the country has a well developed system, and structure of financial management, that relies heavily on information technology (such as in the area of cash management), and has independent external audits, and parliamentary o...

The Rise of a European Healthcare Union

DEFF Research Database (Denmark)

Vollaard, Hans; Martinsen, Dorte Sindbjerg

2017-01-01

Healthcare has only slowly appeared on the European Union’s (EU) policy agenda. EU involvement in policies concerning the organization, financing and the provision of diagnosis, care and cures to ill people developed along three fragmented tracks: (a) EU public health policies concerning the well......-being of all people; (b) the application of the free movement principle to national healthcare systems in particular by the EU’s Court of Justice (CJEU); and (c) the austerity packages and the stricter EU surveillance of national budgets since the debt crises. The key questions of this special issue...... are whether this fragmented EU involvement has now developed into a distinct European healthcare union, and if so what its driving forces have been. Thus, it explores how European integration in healthcare has moved forward despite widespread reluctance. It also examines the underexplored political dynamics...

EU SINGLE FINANCIAL MARKET – PROSPECTS FOR CHANGES

Directory of Open Access Journals (Sweden)

Małgorzata Mikita

2012-04-01

Full Text Available The global financial crisis has revealed the weaknesses of the European financial market, which triggered the European Union (EU work on further integration of this market. The aim of this article is to present the direction of changes concerning the integration of the EU financial market. These changes are mainly related to the issue of supervising the EU financial market, regulating the institutions operating in this market, protecting customers, improving the effectiveness of the market, its transparency and liquidity, as well as improving management in crisis situations.

The burden of COPD across the European Union: development of the European COPD Atlas

NARCIS (Netherlands)

van Boven, Job FM; Gaughan, Jules; Soriano, Joan B.; de Sousa, Jaime Correia; Baxter, Noel; Román Rodriguez, Miguel; Vilaro, Jordi; Williams, Siân; Fitch, Shane; Kishore, Kamal; Chaudhury, Hassan

2016-01-01

Background Estimating current and future impact of chronic obstructive pulmonary disease (COPD) within the European Union (EU) is essential for targeted and well-informed policy making, however, current global and regional estimates are contradictory, and comparable standardised data is lacking.

EUROPEAN INTEGRATION FROM POLAND’S VIEWPOINT. SELECTED ISSUES

OpenAIRE

Iwona M. Pawlas

2014-01-01

It has been ten years since Poland joined the European Union in May 2004. Integration with the EU structures resulted in considerable economic, social and political advantages. On the other hand membership in the EU created new challenges for Poland, the Polish companies and the Polish citizens. The paper reviews selected issues of Poland’s integration with the European Union with special focus on net financial effect of membership, competitiveness of Polish goods on single European market, p...

Bill authorizing the ratification of the protocol amending the Protocol on transitional provisions annexed to the Treaty on European Union, to the Treaty on the Functioning of the European Union and to the Treaty establishing the European Atomic Energy Community

International Nuclear Information System (INIS)

2010-01-01

After an indication of the European Parliament composition, this text describes the transitional provisions adopted as the Lisbon Treaty did not come into effect before the European elections held in June 2009. The document also provides the protocol text signed by the Members States and which amended the protocol on transitional provisions annexed to the Treaty on the European Union, to the Treaty on the Functioning of the European Union and to the Treaty establishing the European Atomic Energy Community. The last part of the document discusses the administrative and legal consequences of this protocol. It also recalls the history of the negotiations and indicates the present status of signatures and ratifications

Estimation and Comparison of Underground Economy in Croatia and European Union Countries: Fuzzy Logic Approach

Directory of Open Access Journals (Sweden)

Kristina Marsic

2016-06-01

The purpose of this paper is to address this issue in three ways. First, we review existing estimates of the size of the underground economy. Second, we apply a novel calculation method for estimation: fuzzy logic. Third, we calculated and compared underground economy index for 25 European Union countries and compared it, with special focus on Croatian underground economy index. Results indicated that Croatia has the thirteenth largest underground economy among measured members of the European Union. This study is the first of its kind with recent data to measure the size of underground economy in European Union countries by employing fuzzy logic approach.

Protecting animals and enabling research in the European Union

DEFF Research Database (Denmark)

Olsson, I. Anna S.; Pinto da Silva, Sandra; Townend, David

2016-01-01

In 1986, European Directive 86/609/EEC, regulating the use of animals in research, was one of the first examples of common legislation to set standards for animal protection across the Member States of the former European Economic Community, now the European Union, with the aim of securing a level...... objectives of the directive, particularly with a focus on securing the same high standards of animal protection across member countries. The analysis focuses on three separate issues: (1) minimum standards for laboratory animal housing and care, (2) restrictions on the use of certain animal species, and (3...

STRATEGIES OF CORPORATE SOCIAL RESPONSIBILITY IN THE EUROPEAN UNION

Directory of Open Access Journals (Sweden)

Iamandi Irina Eugenia

2009-05-01

Full Text Available The present paper emphasizes the corporate social responsibility (CSR state and development strategies in the European Union and at the level of the Romanian business environment. The aim of the paper is to present the similarities and differences in the

INTERNATIONAL FINANCIAL REPORTING STANDARD FOR SMALL AND MEDIUM-SIZED ENTITIES- A NEW CHALLENGE FOR THE EUROPEAN UNION

Directory of Open Access Journals (Sweden)

Ana-Maria Pascu

2011-03-01

Full Text Available In the context of the global economic crisis, small and medium enterprises are most affected. That is why the problem that arises more frequently is the harmonization of national legislation with the European legislation. The necessity to implement specific standards for SMEs appeared in order to provide them a beneficial framework for better economic and financial market positioning. In this respect, the International Accounting Standards Board issued in 2009 IFRS for SMEs, a referential aiming to the simplification of accounting procedures, reconciliation and increase of confidence of potential investors (stakeholders. The question of compatibility of these standards with the European Accounting Directives appears in situations where they may choose to use IFRS for SMEs. The aim of this paper is to evaluate the incompatibilities between IFRS for SMEs and the European Accounting Directives and to analyze the results concerning the implementation of the IFRS for SMEs in Europe. Through this article we want to contribute to the SME accounting area of knowledge.

Priority for import capacity. The fear of the European Union for a free European energy market

International Nuclear Information System (INIS)

Roggen, M.

2002-01-01

Brussels (the seat of the European Union in Belgium) is worried about the performance of the liberalized European energy market. The natural gas and electricity networks are suffering from chronic congestion. Some areas are largely or even entirely cut off from the European energy infrastructure. Those problems must be addressed to realize the internal market. A package of reforms has been put forward by the European Commission the end of 2001 and 12 priority projects are identified and briefly discussed in this article [nl

Banking Union- Present Stage and its Perspectives

Directory of Open Access Journals (Sweden)

Petre Prisecaru

2014-05-01

Full Text Available Banking Union is very important for financial stability of EU, for preventing any future crisis, for improving corporate governance in the banking sector, for completing the single market for financial services and for the strengthening of monetary union, for opening the way to fiscal union and to political union. There is not enough theoretical research in the field of banking union, but there are many recent contributions on behalf of foreign and Romanian experts and analysts, which refer mainly to the three components/pillars of EU banking union: a Single Supervision Mechanism (SSM, a Single Resolution Mechanism (SRM and an harmonized system of deposit guarantee schemes. Some micro studies and surveys carried out by prestigious institutions, like Deutsche Bank, Brookings Institution, CEPS have been run over and analyzed together with the positions and opinions of different European officials, and also with the content of EU secondary legislation. An empirical research was made with the aim to identify all essential aspects relating to EU banking union, which may concern the academics, researchers and business community. The paper is based on a previous research study coordinated by author and contains his own conclusions focused on the main arguments in favour of banking union.

Financial Structure and Macroeconomic Volatility : a Panel Data Analysis

NARCIS (Netherlands)

van Bezooijen, Emiel F.S.; Bikker, J.A.|info:eu-repo/dai/nl/06912261X

In 2015, the European Commission (EC) launched its action plan for the creation of a European Capital Markets Union. The EC aims to return the European economy to sustainable growth and to enhance its shock absorbing capacity by reducing the reliance on bank finance and stimulating financial

European Union Council Directive 2009/71/Euratom

International Nuclear Information System (INIS)

Butragueno, J. L.

2009-01-01

Summary of Directive 2009/71, approved by the European Union on June 25th last. This text establishes a new Community framework for the safety of nuclear facilities and includes an analysis of issues such as the reactivation of nuclear programmes, the extension of the operating lifetime of the plants beyond their theoretical period of service and the need for safety requirements accepted by all the Member States. (Author)

SPECIALIZED COURTS OF THE EUROPEAN UNION

Directory of Open Access Journals (Sweden)

Ioana Nely Militaru

2013-11-01

Full Text Available Treaty of Lisbon entered into force on 1 December 2009, improved functioning judicial system European Union ( EU. Court of Justice of the EU has been reformed, said Treaty changing the EU courts so very name : Court of Justice of the EU, the Court referred to above, the Court of First Instance, and specialized courts, known previously, judicial panels. The paper shows the first part of his creation, composition and competence of the specialized courts, and as a manifestation of them in the second part examines the Civil Service Tribunal, the same point of view. EU specialized courts may be set up in specific areas, specializing in some technical disputes. These specialized courts have jurisdiction to hear and decide the cases in the first instance with the possibility that their decision subject to appeal to the General Court . In this context, to resolve disputes between the Union and its officials was established Tribunal.

European Union's public fishing access agreements in developing countries

OpenAIRE

Le Manach, F.; Chaboud, Christian; Copeland, D.; Cury, Philippe; Gascuel, D.; Kleisner, K.M.; Standing, A.; Sumaila, U.R.; Zeller, D.; Pauly, D.

2013-01-01

The imperative to increase seafood supply while dealing with its overfished local stocks has pushed the European Union (EU) and its Member States to fish in the Exclusive Economic Zones of other countries through various types of fishing agreements for decades. Although European public fishing agreements are commented on regularly and considered to be transparent, this is the first global and historical study on the fee regime that governs them. We find that the EU has subsidized these agreem...

EUROPEAN UNION SUPPORT AND TRANSITIONAL JUSTICE PROCESSES IN KOSOVO

OpenAIRE

Remzije Istrefi

2017-01-01

The legacy of systematic human rights violations committed during 1999 violent conflict and the previous repressive rule still impact the everyday life of Kosovo citizens. That is why transitional justice processes are a necessary component in Kosovo’s state building efforts. With the end of the 1999 conflict, Kosovo has been administered by the United Nations Mission in Kosovo (UNMIK) and also supported by European Union (EU) presences: the EU Special Representative in Kosovo, and European U...

Age Discrimination Against Older Workers in the European Union

OpenAIRE

Elizabeth Drury

1994-01-01

This paper aims to define the concept of age discrimination, to illustrate examples of age discriminatory practices across the European Union, and to describe some positive public policy measures to combat age discrimination.It draws on the results of the first European-wide study of age discrimination against older workers.1 National experts from 11 Member States of the EU examined various forms of age discrimination in their own country. More detailed information is needed, particularly on ...

Fiscal policy surveillance in the enlarged European Union: Procedural checks or simple arithmetic?

NARCIS (Netherlands)

Groenendijk, Nico; Batten, Jonathan A.; Kearney, Colm

2006-01-01

In its recommendation on the 2004 update of the Broad Economic Policy Guidelines (BEPGs), the European Commission (2004) issued country-specific recommendations for fiscal policy in the Central and Eastern European (CEE) countries that have recently joined the European Union (EU) (henceforth the

Winston Churchill And The European Union

Directory of Open Access Journals (Sweden)

Troitiño David Ramiro

2015-06-01

Full Text Available Given Winston Churchill’s influence and achievement as a writer, historian, adventurer, soldier, artist, and politician, his participation in the European integration process is crucial to understanding the entire scope of the project in its origins. Churchill was a fundamental voice promoting the Franco-British Union, a promoter of the European Communities, and an active participant of the Congress of Europe, embryo of the Council of Europe. This article analyzes Churchill’s view of European integration through his political speeches, in particular those delivered in Zurich and in The Hague, his ideas about the League of Nations and the United Nations, his understanding of the British Empire, and the special relations between the UK and the USA. His participation in the process of uniting Europe in its early stages provides us with essential information about the original plans for the creation of a united Europe and understanding the traditional British approach to the EU, including the current position of the conservative government led by Cameron.

European Social Union: a political necessity and an urgent research programme

NARCIS (Netherlands)

Vandenbroucke, F.

2013-01-01

Progressive economic analysis should contribute to a coherent conception of the reasons behind, the agenda for, and the governance of a European Social Union. I use the words ‘European Social Union’ deliberately, for the following reasons. First, it would be wrong to assert that the EU has no social

Book Review: The Crisis of the European Union. A Response

Directory of Open Access Journals (Sweden)

Alina Bârgăoanu

2013-12-01

Full Text Available In his book, Jurgen Habermas explored the options available for the European Union in dealing with the global crisis. The author structured his approach on two essays. The first one, entitled “The Crisis of the European Union in Light of a Constitutionalization of International Law - An Essay on the Constitution for Europe”, emphasizes the fact that while the European decision-makers have focused on solving the currency, banking and debt crises, they omitted the political dimension of the crisis. Moreover, the author considers that in the light of a constitutional treaty for Europe, the transnationalization of the European democracy will be possible if both the public opinion and the politicians can overcome three categories of preconceptions: the dependence of the popular sovereignty to the state sovereignty, the mutually exclusive status of the European citizenship and of the national one, the indivisible nature of the sovereignty. The second essay, entitled “The Concept of Human Dignity and the Realistic Utopia of Human Rights” underlines the imperative nature of the human rights and human dignity interconnected concepts. He states that two conditions must be met in order for the concepts to be valid. Habermas considers that there must be a political community that enacts them and that the two concepts are universally accepted. The Appendix includes three recent political interventions through which Habermas reiterates the uncomfortable and controversial topic of European unification. He concludes that the European Project cannot be allowed to fail because of the raise of German nationalism and the lack of visionary European leadership.

European Union response to Fukushima. European stress tests and peer review

Energy Technology Data Exchange (ETDEWEB)

Jamet, Philippe [Autorite de Surete Nucleaire (ASN), Paris (France)

2012-07-01

Following the severe accidents which started in the Fukushima Dai-ichi NPP on 11 March 2011, the European Council requested that a comprehensive safety and risk assessment, in light of preliminary lessons learned, be performed on all EU nuclear plants. Therefore, stress tests and peer review assessing natural initiating events, the loss of safety systems and severe accident management have been performed in the 15 European Union countries with nuclear power plants as well as Switzerland and Ukraine. The final peer review report of the European Nuclear Safety Regulators Group (ENSREG) highlights four main areas for improvement to be explored across Europe: 1. Development by the Western European Nuclear Regulators' Association (WENRA), with the contribution of the best available EU expertise, of a European guidance on assessment of natural hazards and margins; 2. Importance of Periodic Safety Review to be underlined by ENSREG; 3. Expeditious implementation of the recognised measures to protect containment integrity; 4. Prevention of accidents resulting from natural hazards and limitation of their consequences. The peer review of the European stress tests was completed in April 2012. In their conclusive statement issued 26 April 2012, the national European regulators and the European Commission as European Nuclear Safety Regulators Group (ENSREG) required that follow-up would occur by way of an ENSREG action plan. Country specific action plans will be developed and peer review workshop will be organised to share lessons learned on the implementation of post-Fukushima safety improvements.

European Union response to Fukushima. European stress tests and peer review

International Nuclear Information System (INIS)

Jamet, Philippe

2012-01-01

Following the severe accidents which started in the Fukushima Dai-ichi NPP on 11 March 2011, the European Council requested that a comprehensive safety and risk assessment, in light of preliminary lessons learned, be performed on all EU nuclear plants. Therefore, stress tests and peer review assessing natural initiating events, the loss of safety systems and severe accident management have been performed in the 15 European Union countries with nuclear power plants as well as Switzerland and Ukraine. The final peer review report of the European Nuclear Safety Regulators Group (ENSREG) highlights four main areas for improvement to be explored across Europe: 1. Development by the Western European Nuclear Regulators' Association (WENRA), with the contribution of the best available EU expertise, of a European guidance on assessment of natural hazards and margins; 2. Importance of Periodic Safety Review to be underlined by ENSREG; 3. Expeditious implementation of the recognised measures to protect containment integrity; 4. Prevention of accidents resulting from natural hazards and limitation of their consequences. The peer review of the European stress tests was completed in April 2012. In their conclusive statement issued 26 April 2012, the national European regulators and the European Commission as European Nuclear Safety Regulators Group (ENSREG) required that follow-up would occur by way of an ENSREG action plan. Country specific action plans will be developed and peer review workshop will be organised to share lessons learned on the implementation of post-Fukushima safety improvements.

Managing Transboundary Crises : The Emergence of European Union Capacity

NARCIS (Netherlands)

Boin, Arjen; Rhinard, Mark; Ekengren, Magnus

The European Union (EU) has modest but promising capacities to assist member states overwhelmed by disaster through its Civil Protection Mechanism. The EU also routinely sends civil and military missions to hotspots outside EU territory. But these capacities do not suffice in the face of

International Environmental Problems, Issue Linkage and the European Union

NARCIS (Netherlands)

Kroeze-Gil, J.

2003-01-01

This thesis explores the circumstances under which issue linkage can be applied to achieve cooperation on international environmental problems in general and on environmental problems in the European Union in particular. A major topic in this thesis is the development and analysis of cooperative and

Multivariate Statistical Analysis of the E‑C ommunication in the European Union

Directory of Open Access Journals (Sweden)

Julie Poláčková

2012-12-01

Full Text Available Th e aim of the paper is to analyze the e-communication in the member states of the European Union. On the basis of data from the Eurobarometer 75.1 survey and from the Eurostat database the diff erences in e-communication level among the European Union states were analyzed. Principal component analysis was used for the general analysis of diff erences between the states of European Union. It was possible to explain 77% of the total variance by the first two components. Th e fi rst component represents the level of e-communication while the second component characterizes quality of services and proportion of advanced Internet users. The overall e-communication level was evaluated using the component indicator. The Northern states together with the Netherlands and Luxembourg achieve the highest e communication level. On the other hand, thesouthern states (Greece, Italy, Portugal together with the two new member states (Romania, Bulgaria received the lowest rating, while Romania has been found an outlier on the basis of principal component analysis as well.

Europe's place in global financial governance after the crisis

NARCIS (Netherlands)

Mügge, D.

2015-01-01

In the years leading up the global financial crisis, the European Union (EU) had emerged as a central actor in global financial governance, almost rivalling the United States in influence. While the USA and the EU continue to dominate financial rule setting in the post-crisis world, the context in

THE FOREIGN AND SECURITY POLICIES OF THE EUROPEAN UNION

Directory of Open Access Journals (Sweden)

Anand Menon

2003-09-01

Full Text Available In only a decade the European Union has moved from being a new kid on the block in terms of foreign and security policies to being a high profile and surprisingly effective international actor. Certainly, it has failed to match the ambitions of some of its most enthusiastic proponents. Certainly, too, European publics know next to nothing about what the Union does in the international realm. It is because of this that, despite their potential and their effectiveness to date, EU policies in this sphere were widely derided as failures following the moment when the attacks of 11 September 2001 shook the western world to its core. The Convention on the Future of Europe and subsequent intergovernmental conference look set to make significant institutional changes to the Union’s foreign and security policy systems. In undertaking these reforms, Convention members, and national governments are doubtless motivated by the laudable objective of enabling the Union to do more on the international stage. One can only hope that these motives notwithstanding, they do not simply propose reforms for their own sake and, in the process, undermine a system that, to the surprise of many, has continued to function respectably in an ever more complex and ever more dangerous world.

The European Union's potential for strategic emissions trading through permit sales contracts

International Nuclear Information System (INIS)

Eyckmans, Johan; Hagem, Cathrine

2011-01-01

Strategic market behavior by permit sellers will harm the European Union (EU) as it is expected to become a large net buyer of permits in a follow-up agreement to the Kyoto Protocol. In this paper, we explore how the EU could benefit from making permit trade agreements with non-EU countries. These trade agreements involve permit sales requirement, complemented by a financial transfer from the EU to the other contract party. Such agreements would enable the EU to act strategically in the permit market on behalf of its member states, although each member state is assumed to behave as a price taker in the permit market. Using a stylized numerical simulation model, we show that an appropriately designed permit trade agreement between the EU and China could significantly cut the EU's total compliance cost. This result is robust for a wide range of parameterizations of the simulation model. (author)

Financial stability or economic stability?

OpenAIRE

Ana POPA; Laura GIURCA VASILESCU

2010-01-01

This paper is based on the dilemma: effect or cause in the analysis of the economic and financial crisis? The first finding of the study is that it has always been easier to consider that the mistakes from the financial field caused the economic crisis. Currently, in the European Union and Romania there is a concern for aggressive action against financial instability. The second finding is that the crisis phenomenon manifest synergetic, thus the deterioration in the macro and micro- financial...

Excises Harmonization Stage Within the European Union

OpenAIRE

Drăcea, Raluca; Buziernescu, Radu

2007-01-01

Tax policy in the European Union consists of two components: direct taxation, which remains the sole responsibility of Member States, and indirect taxation, which affects free movement of goods and the freedom to provide services. The most important efforts for the tax harmonization were made in the domain of the indirect taxation, the consumption taxes influence the price supported by the final consumer and prevent the fiscal neutrality necessary for a fair competition on the ...

Foreign Trade Dvelopment between Libya and the European Union

OpenAIRE

Mansoor Maitah; Nassir Salim; Abulgasem Bazina

2011-01-01

This article deals with the analysis of foreign trade development betweenLibyaand the European Union in the recent years. Libya is one of the developing countries with large area, low density of population and large endowment of natural resources, oil and gas. The Libyan economy like a number of other Arab economies, depends heavily on oil revenue, it relies heavily on a single exportable commodity, as the main source of foreign exchange earnings. Trade relations betweenLibyaand the European ...

A Study of the Determinants of Emissions Unit Allowance Price in the European Union Emissions Trading Scheme

Directory of Open Access Journals (Sweden)

Alina Maydybura

2011-12-01

Full Text Available In 2005 the European Union (EU began the first phase of the largest and most ambitious emissions trading system (EU ETS ever attempted, which then applied to all members of the EU. In its second phase whichbegan in 2008 the EU ETS now applies to all 27 members of the EU together with Norway, Iceland and Lichtenstein, the members of the European Economic Area (EEA which are not members of the Union. Inthe first phase of the EU ETS permits to emit carbon into the atmosphere known as European Union Allowances (EUA were traded in a market where the price rose to €30 and eventually fell to well below 10 Euro cents as the imperfections of the market became obvious. In the second phase which began in 2008 the price has fluctuated between €30 and €8. EUA are traded in a manner which is similar to the trading of financial instruments and a range of derivatives has developed with the total value of the market now above €120b, a growing market dominated by a few large players.This paper reports some results of an empirical investigation into the factors which appear to drive the carbon price and the key determinants of the price of an EUA. Over the last decade a number of environmental products have been developed alongside the EUA, including Certified Emissions Reductions (CERs, Renewable Energy Certificates and White Certificates (energy efficiency credits and markets have developed for a range of these environmental products. A better understanding of the determinants of these markets willhelp regulators manage these new markets and this paper aims to enhance our knowledge of the market.

THE COURT OF JUSTICE OF THE EUROPEAN UNION AND INTERNATIONAL LEGAL ORDER

Directory of Open Access Journals (Sweden)

TETYANA KOMAROVA

2017-01-01

Full Text Available The author discusses the relationship between two legal orders: international law and European Union (EU law. The main provisions of this relationship have been established through the precedential practice of the Court of Justice of the European Union – the EU’s main judicial body. This kind of research seems important because of the gap in the theory of international law caused by the immutable dogma of the supremacy of international law. However, modern legal practice demonstrates a certain fragmentation of the international legal order because of the impact of the existence and development of regional supranational legal orders. The EU legal order, with its own special nature (sui generis, is undoubtedly one of the most developed among them. The Court of Justice of the European Union performs a crucial role in the EU legal system concerning application and interpretation of EU law. It provides a uniform interpretation of this law for the purposes of development of supranational integration. In this context the Court of Justice the European Union establishes the status of European law and its relationship with the national legal systems and international law. The Court acts as protector of the EU legal order against the influence of other legal orders. The Court’s precedential practice reveals EU law’s tendency towards its constitutionalization and the development of its autonomy. The latest practice indicates the Court’s powers to review the EU institutions’ acts in relation to the implementation of UN Security Council resolutions. This proves the Court’s ability to establish indirect control even over UN acts.

Liberal economic nationalism, financial stability, and Commission leniency in Banking Union

NARCIS (Netherlands)

Donnelly, Shawn

2017-01-01

This paper demonstrates that protection and promotion of insolvent banks remains a high priority for national authorities in Europe, and the Commission partially accommodates these impulses in the desire to preserve national financial stability. Insolvent banks are kept alive despite Banking Union

Economic freedoms and labour standards in the European Union

NARCIS (Netherlands)

Cremers, J.

2016-01-01

The European Union internal market seeks to ensure the free movement of goods, services, capital and citizens. The primacy given to these economic freedoms has culminated in a socio-economic reasoning dominated by competition, bringing about side effects that may pose a threat to working conditions

The European Union, Education Governance and International Education Surveys

Science.gov (United States)

Volante, Louis; Ritzen, Jo

2016-01-01

The European Union--comprising 28 member states with individual sovereignty in the formation and implementation of education policy--has developed research and communication strategies to facilitate the exchange of best practices, gathering and dissemination of education statistics and, perhaps most importantly, advice and support for national…

The effect of the European union (MPP6) infrastructural ...

African Journals Online (AJOL)

The study examined the effect of the European Union infrastructural development on the productivity of food crop farmers and development of rural areas in Imo State. The specific objectives were to describe the socioeconomic characteristics of respondents, determine the extent of infrastructural development in the area ...

Progress of Fulfillment of the Kyoto Objectives by the European Union

Directory of Open Access Journals (Sweden)

Paul Calanter

2014-05-01

Full Text Available Climate change is one of the most important challenges that humanity faces in the 21st century, which is seriously considered by the European Union. In this context, the objective of this paper is to analyze the extent to which the EU has fulfilled its obligations in the first commitment period of the Kyoto Protocol, and also to expose the obligations stipulated for the second period (2013-2020. The approach is to display in the first part of the work the fulfillment by the European Union of the Kyoto objectives, and in the second part, to analyze the successful implementation in the EU of the flexible mechanisms provided through the Protocol.

The energy outlook for Russia and the dialogue between the European Union and Russian concerning energy

International Nuclear Information System (INIS)

Laponche, B.

2003-01-01

The discussions concerning energy taking place between the European Union and Russia are aimed at setting up a permanent partnership in the energy sector in order to ensure that the exploitation of Russian energy resources makes it possible to guarantee the economic development of Russia while at the same time supplying sufficient energy exports to the European Union. The outlook for Russia's energy strategy in the years up to 2020 are based on a rate of growth in GDP of 5 % per year, combined with structural changes in economic activities and a vigorous energy efficiency policy, leading to a significant reduction in energy intensity. The low level of growth in demand resulting from this, combined with an increase in production and a reduction in the percentage of natural gas in electricity production guarantees a high level of potential for oil and gas exports in 2020, Compatible with the energy importation requirements of the future European Union and security of supply. The energy outlook for Russia presented by the International Energy Agency (IEA) are based on much lower economic growth figures and on a limited reduction in energy intensity. The percentage accounted for by natural gas in the production of electricity remains high. The IEA assessment is also based on a major increase in the production capacities for hydrocarbons in Russia while at the same time stressing the importance of the financial effort required to achieve this. Like the Russian outlook, it also identifies a major potential for the exportation of oil and natural gas by 2020. The convergence of these two outlooks concerning the future energy exporting capacity of Russia are seriously overshadowed by the fact that they differ greatly concerning their hypotheses and results with regard to domestic consumption and the production of energy. A 'warning scenario' combining the most similar hypotheses from both outlooks demonstrates the uncertain accompanying them. This analysis highlights the

The European Union Court of Justice after the Treaty of Lisbon

Directory of Open Access Journals (Sweden)

Radivojević Zoran

2016-01-01

Full Text Available Created by the Treaty of Paris as a judicial authority which ensures respect for the law when interpreting and applying this treaty, the European Court of Justice has so far been repeatedly reformed. The latest reform of the judicial system of the European Union, put into effect by the Lisbon Treaty, largely relies on solutions contained in the unaccepted Treaty on the Constitution for Europe. Novelties that this treaty brings could be grosso modo divided into several basic categories. First, there are organizational changes related to the different name and composition of the courts, appointment of judges and advocates-general and the formation of specialized courts. The new terminology and organization aims to provide a clear distinction between the Court of Justice of the EU, which is an aggregate term or generic designation for the entire judicial system of the Union, and special judicial bodies that enter into its composition. These are the Court of Justice as the highest authority, the General Court which is actually the renamed Court of First Instance, and specialized courts that replaced the judicial panels. The second category includes changes that expand the jurisdiction of the Court to certain new areas owing to the abolition of the former EU pillar structure and the dissolution of the European Community. On such a basis, an integration of court jurisdiction regarding the first and third pillar ensued, as the Court of Justice was vested with general and compulsory jurisdiction over the entire law created in the newly established area of freedom, security and justice. The exception is the area of common foreign and security policy, in which the Court's jurisdiction still remains excluded. The third type of amendment extends the scope of judicial reviews of the validity of acts adopted by EU institutions and enables authorized subjects an easier access to the Court. Their aim is to strengthen the rule of law within the legal system of

Large scale solar thermal power for the European Union{exclamation_point}

Energy Technology Data Exchange (ETDEWEB)

Anon.

1997-06-01

Southern Europe, on the edge of the sunbelt, represents the ideal location for solar thermal generated power. Last year. SAWIE reported on the THESEUS project, a proposed 50 MWe solar thermal power plant for Frangokastello, southern Crete, which was submitted for support under the European Union`s THERMIE Programme. Funding was approved for the design phase for this innovative power plant, the first large-scale SEGS-style plant on European soil, at the end of last year. However, the THERMIE Programme also provided support for another Southern European plant, proposed by Colon Solar for Huelva in Southern Spain. Whilst hurdles remain to be overcome before both plants are built and commissioned, there is an excellent chance that by the start of the new Millennium, the solar collectors from these two plants could be generating over half a million MWh of energy a year. SAWIE compares the two projects. (author)

Supranational Governance in Changing Societies of European Union in the Last Decade

Directory of Open Access Journals (Sweden)

Tulus Warsito

2013-02-01

Full Text Available As a supranational organization The European Union (EU seems to compete the UN’s reputations. UNO has more members since its scope is worldly, but UN does not issue its own currency while EU has Euro. The Euro is the second largest reserve currency as well as the second most traded currency in the world after the United States dollar. The currency is also used in a further many European countries and consequently used daily by some 332 million Europeans. Additionally, over 175 million people worldwide - including 150 million people in Africa - use currencies which are pegged to the Euro. No other transnational organization has such a specific currency. Although not as a unified military conventional power, EU has such a “Battlegroups” initiative, each of which is planned to be able to deploy quickly about 1500 personnel. EU forces have been deployed on peacekeeping missions from Africa to the former Yugoslavia and the Middle East. EU military operations are supported by a number of bodies, including the European Defense Agency, European Union Satellite Centre and the European Union Military Staff. In an EU consisting of 27 members, substantial security and defense cooperation is increasingly relying on great power cooperation.Despite those organizational strengths, only 27 of 57 European states are members of EU. And only 17 of 27 EU state members are using Euro is their official currency. One prominent EU member like British stay tough with their own Pound-sterling.This paper is set to learn more about: why as a Europe continent based organization, EU state members are still less than half of European states? And why only 17 EU state members are using Euro as their official currency?

Social Justice and Capacity for Self-Development in Educational Systems in European Union

Science.gov (United States)

Huang, Bo-Ruey

2016-01-01

This paper explores social justice and equity in educational policies and systems in the European Union, and analyzes the significance within. Equity indicators of the European educational systems, "Equity of the European Educational Systems: A set of indicators" declared in 2006, introduces the debates on educational justice issues on…

Has the Action for Failure to Act in the European Union Lost its Purpose?

Directory of Open Access Journals (Sweden)

Daukšienė Inga

2014-12-01

Full Text Available This article analyzes the purpose of the action for failure to act under article 265 of the Treaty on the Functioning of the European Union (TFEU. The statements are derived from the analysis of scientific literature, relevant legislation, practice of the European Union Court of Justice (CJEU and the European Union General Court (EUGC. Useful information has also been obtained from the opinions of general advocates of the CJEU. The article of TFEU 265, which governs the action for failure to act, is very abstract. For this reason, a whole procedure under the article 265 TFEU was developed by the EU courts. The original purpose of the action for failure to act was to constitute whether European Union (EU institution properly fulfilled its obligations under the EU legislation. However, in the course of case-law, a mere EU institution’s express refusal to fulfill its duties became sufficient to constitute that the EU institution acted and therefore action for failure to act became devoid of purpose. This article analyzes whether the action for failure to act has lost its purpose and become an ineffective legal remedy in the system of judicial review in the EU. Additionally, the action for failure to act is compared to similar national actions.

The European Union's Mediterranean Policy in the Context of the "Arab Spring"

Directory of Open Access Journals (Sweden)

Victoria A. Latkina

2014-01-01

Full Text Available The article discusses the policy of the European Union aimed at the export of its democratic values, acquis communautaire and governance models to the neighbour countries in the Southern Mediterranean. The process of Europeanization reflects a particular case of global megatrend -democratization which in its turn positioned as democracy promotion through soft power instruments. From the EU point of view the goal of the Barcelona process launched in 1995 was to construct Euro-Mediterranean Partnership and common identity in order to promote democratic transitions in Southern Mediterranean. While the EU Foreign Policy in the Mediterranean region was historically conditioned by the security interests of the European Union, it suffered from securitization/democratization dilemma. The article analyses the process of external Europeanization in the Southern Mediterranean as a regional dimension of global democratization process in the context of Union for the Mediterranean development before and after the Arab Spring and new approach in the framework of the ENP Partnership for Democracy and Shared Prosperity with the Southern Mediterranean. The article proposes that the lack of political strategic vision in the EU toward the Arab democratic transition during 2011-2013 narrows its role as a transformative democratic power, hinders Europeanization/ democratization process in the macro-region of North Africa and Middle East and presents the EU with a new dilemma - to continue its traditional democratization policy or to shift towards a more pragmatic approach to cooperating with new Arab regimes.

Distance Training in the European Union. ZIFF Papiere 96.

Science.gov (United States)

Keegan, Desmond

A study examined distance training in the European Union (EU) countries. First, recent literature on the following topics was reviewed: technology-supported learning, flexible and distance learning, development of open distance learning, and teleconferencing and distance learning. Next, enrollments and trends in distance learning in the EU as a…

The Harmonization of Public Sector Accounting in European Union

DEFF Research Database (Denmark)

Pontoppidan, Caroline Aggestam; Alijarde, Isabel Brusca; Chow, Danny

accounting standards in Member States. The suitability of IPSAS for the Member States” (European Commission, 2013b). This report takes into account the Public Consultation on the suitability of the IPSAS for EU Member States. The European Commission (2013b, p. 8) considers that IPSASs cannot easily......The European Commission is working on several fronts to achieve the implementation of uniform and comparable accruals-based accounting practices for the European Union Member States and for all the sectors of General Government, that is, Central Government, State Government, Local Government...... and Social Security, considering that at the same time it can help ensure high quality statistics (European Commission, 2013a). In 2012 Eurostat issued a Public Consultation on the suitability of the IPSAS for EU Member States, later publishing the report “Towards implementing harmonised public sector...

Linking Public Administration and Law Studies within European Union

Directory of Open Access Journals (Sweden)

Mihaela V. Cărăuşan

2012-05-01

Full Text Available The year 1987 represented for us, scholars, the turning point for the Europeanization of highdegree studies. The European Region Action Scheme for the Mobility of University Students (ERASMUS isa European Union student exchange program which has proved its utility in the last two decade. The publicadministration and law studies are two of the fields of studies which have benefited from the ERASMUSProgramme. In this respect we will try to learn the lesson of internationalization from the European contactthrough ERASMUS programme. The ‘win win’ for students is not just in the increase of knowledge in thearea of administrative sciences and law, but also in the share of cultures. The ERASMUS gives students abetter sense of what it means to be a European citizen. In addition, many employers highly value such aperiod abroad, which increases the students’ employability and job prospects.

European Union's environmental strategy

International Nuclear Information System (INIS)

Fitoussi, Jean-Paul; Laurent, Eloi; Le Cacheux, Jacques

2007-01-01

Environmental policy is an art of execution. Hence the fact that European Union member states have recently managed to agree on targets of emissions to fight climate change leaves open the question of how they will meet them. Economics cannot but embrace the scientific consensus on climate change and cannot say much about the efficiency of alternative technologies. Yet, its expertise is valuable to calculate economic effects and fairness of policies and to assess the relevance of incentives structures and effectiveness of institutions put into place to convert scientific consensus into action. This article is concerned with this latter point: does the EU have the right institutions to fight climate change? We claim that such is not the case, and offer to institute a 'European Community of Environment, Energy and Research' to go forward. Initially published in 'Revue de l'OFCE' No. 102

Recommendations for successful substantiation of new health claims in the European Union

DEFF Research Database (Denmark)

Pravst, Igor; Kušar, Anita; Žmitek, Katja

2018-01-01

Background While functional foods offer promise for public health and innovation in the food industry, the efficiency of such foods should be assured to protect consumers from misleading claims. Globally, many countries regulate the communication of the health effects of such foods to final...... consumers. Scope and approach In the European Union (EU), the use of health claims was harmonized in 2006. All claims need to be scientifically assessed by the European Food Safety Authority (EFSA) and pre-approved. Implementing the regulation has involved a steep learning curve for stakeholders, resulting...... recommendations should be seen as a starting point for researchers in the area of nutrition and food technology, and for those dealing with functional foods, including the food industry. Keywords Functional foods; Health claims; Food labelling; Substantiation; Regulation; European Union...

Gonorrhoea and gonococcal antimicrobial resistance surveillance networks in the WHO European Region, including the independent countries of the former Soviet Union.

Science.gov (United States)

Unemo, Magnus; Ison, Catherine A; Cole, Michelle; Spiteri, Gianfranco; van de Laar, Marita; Khotenashvili, Lali

2013-12-01

Antimicrobial resistance (AMR) in Neisseria gonorrhoeae has emerged for essentially all antimicrobials following their introduction into clinical practice. During the latest decade, susceptibility to the last remaining options for antimicrobial monotherapy, the extended-spectrum cephalosporins (ESC), has markedly decreased internationally and treatment failures with these ESCs have been verified. In response to this developing situation, WHO and the European Centre for Disease Prevention and Control (ECDC) have published global and region-specific response plans, respectively. One main component of these action/response plans is to enhance the surveillance of AMR and treatment failures. This paper describes the perspectives from the diverse WHO European Region (53 countries), including the independent countries of the former Soviet Union, regarding gonococcal AMR surveillance networks. The WHO European Region has a high prevalence of resistance to all previously recommended antimicrobials, and most of the first strictly verified treatment failures with cefixime and ceftriaxone were also reported from Europe. In the European Union/European Economic Area (EU/EEA), the European gonococcal antimicrobial surveillance programme (Euro-GASP) funded by the ECDC is running. In 2011, the Euro-GASP included 21/31 (68%) EU/EEA countries, and the programme is further strengthened annually. However, in the non-EU/EEA countries, internationally reported and quality assured gonococcal AMR data are lacking in 87% of the countries and, worryingly, appropriate support for establishment of a GASP is still lacking. Accordingly, national and international support, including political and financial commitment, for gonococcal AMR surveillance in the non-EU/EEA countries of the WHO European Region is essential.

Inflation convergence within the European Union: a panel data analysis

Czech Academy of Sciences Publication Activity Database

Kočenda, Evžen; Papell, D. H.

1997-01-01

Roč. 2, č. 3 (1997), s. 189-198 ISSN 1076-9307 Keywords : inflation convergence * European Union * panel data Subject RIV: AH - Economics http://search.ebscohost.com/login.aspx?direct=true&db=bth&AN=16616418&site=ehost-live

MODELLING OF THE POSSIBLE INTEGRATION CONSEQUENCES OF THE ECONOMY OF UKRAINE INTO THE ECONOMIES OF THE EUROPEAN UNION OR RUSSIA

Directory of Open Access Journals (Sweden)

Lesya Buyak

2016-11-01

Full Text Available The purpose of the paper is to mathematically reproduce the process of economic partnership between the two countries and its qualitative analysis, which include the following goals: to identify feasible outcomes, to formulate requirements for the selection of control parameters and coefficients, to give economic reasoning of the results of modelling and to provide alternative scenario of economic cooperation. Methodology. A method of mathematical modelling has been applied to investigate the possible socio-economic impact of integration of Ukraine into the EU economy. We are describing the basic mathematical model of the economy of Ukraine and two mathematical models of the possible convergence with the economies of the European Union or Russia. The results of modelling are reflected by the capacity of relevant dynamic systems and the quantitative distribution of savings. Results. On the basis of economic analysis of mathematical dependence, the conclusions on the possible economic consequences of integration of Ukraine into the economy of the European Union or Russia have been established. Practical implications. It has been found that a step towards the European Union (EU requires the alteration of principles of economic management, timely government control. This should be done in the process of restructuring of social standards and commercial activity in terms of traditional forms of management of enterprises with low financial capacities. The process of convergence with the economy of Russia leads to conservation of the modern type of economy with many disadvantages of commercial management and government control as well as limitation of economic and political freedoms and growth of political instability in the country. Value/originality. The got results extend modern economic and mathematical tool for research of integration processes and acceptance of the proper economic decisions. Formalization of models of economy taking into account

Energy efficiency in the European Union: overview of policies and good practices

International Nuclear Information System (INIS)

2008-01-01

The world is facing increasing energy prospects and stakes, in terms of energy supply security and safety, environmental impact as well as economic and social costs. In Europe, these fast-growing concerns have led to the adoption of new energy efficiency policies at national and European levels: legislation, regulations, institutional measures, awareness-raising and training campaigns, financial incentives, investment schemes, etc. As in other sectors and at each stage of European development, knowledge and experience feedback drive the Member States towards a growing harmonization of national policies: the most encouraging national measures may be adopted by other countries and even implemented at a European level. The valorization and exchange of best practices therefore contributes to the fulfilment of European commitments on energy efficiency and greenhouse gas emissions reduction. All these schemes are integrally part of a common European energy policy to be applied to energy production, transportation and distribution - the supply side - as well as to all social and economic activities which make up the demand side, and which is the subject of this document. The presentation hereafter provides an overview of energy efficiency policies and programs implemented in the European Union and in the Member States. It shows the diversity of available means of action and strategic choices within the different countries whilst highlighting the most innovative and significant measures. The various tools available are of course used in different ways in each country depending on their characteristics. Economic structure, for example, can explain the differences in the implementation of certain measures as it results in concentrating on the sectors which produce the most greenhouse gases - and which differ from one country to another. Energy balances -energy-producing countries or energy-dependent countries - and political contexts - with more or less liberal governments

THE DIALOGUE BETWEEN ADMINISTRATIVE COURT AND COURT OF JUSTICE OF THE EUROPEAN UNION

Directory of Open Access Journals (Sweden)

Bosilja Britvić Vetma

2014-01-01

Full Text Available This paper discusses the dialogue judges between administrative court and Court of Justice of the European Union, and determines the most important elements of this cooperation. Special attention was given preliminary ruling procedure and position of Croatian administrative courts in it. In the following paper, the relationship between tha national administrative courts, the Courts of Justice of the European Union and the European Court of Human Rights after the Treaty of Lisbon. This paper also discusses the solutions adopted in other countries, special attention was paid to the influence of French administrative law on cooperation (dialogue between the courts due to a strong influence on the development of that cooperation.

CHALLENGES AND DILLEMAS WITHIN THE RELATIONS BETWEEN RUSSIA AND THE EUROPEAN UNION

Directory of Open Access Journals (Sweden)

Loredana Maria Simionov

2011-12-01

Full Text Available Every EU enlargement signified a step towards Central and Eastern Europe, therefore, the 2004 „big bang enlargement”, followed by the one in 2007, modified the geopolitical context within the „old continent” and also increased the importance of the European Union regionally, as well as globally. Integrating the ex-soviet countries into the EU meant taking them out of the Russian sphere of influence, as well as attempting to super size the EU territory in order to increase the European power on a long term. Despite the weakening of Russia after the Cold War, the federation still represents a challenge regarding „pax europea”, as Russia still has an amazing military capacity, as well as important natural resources. The entrance into the Russian sphere of influence, the European energetic dependency on Russia, the conflicts within the separatist regions situated at the EU eastern borders are just few of the many challenges regarding the relations between the European Union and Russia.

The Briand Plan of European Union Commented by the Interwar Romanian Press

Directory of Open Access Journals (Sweden)

Fanel Teodorascu

2016-05-01

Full Text Available With each passing day, the construction called the European Union presents increasingly clear signs of disease. Something is not working and it is likely not to work anymore. For this reason, more and more resounding voices announce the decline of Europe. The Greek crisis, the Ukrainian crisis, the refugee crisis are just some of the issues that shows that countries that make up the European family (28 countries find it difficult to act as a whole. After the completion of the Second World War, Romania did not matter in any way in achieving the European family plans, entering in the sphere of influence of the Soviet Union. Things were not always this way. The plans for a federal state comprising the European countries have existed before the interwar period, as we shall see below. The years between the two world wars were marked by political debates on this theme, which have not been seen before.

Matches and mismatches between conservation investments and biodiversity values in the European Union.

Science.gov (United States)

Sánchez-Fernández, David; Abellán, Pedro; Aragón, Pedro; Varela, Sara; Cabeza, Mar

2018-02-01

Recently, the European Commission adopted a new strategy to halt the loss of biodiversity. Member states are expected to favor a more effective collection and redistribution of European Union (EU) funds under the current Multiannual Financial Framework for 2014-2020. Because of the large spatial variation in the distribution of biodiversity and conservation needs at the continental scale, EU instruments should ensure that countries with higher biodiversity values get more funds and resources for the conservation than other countries. Using linear regressions, we assessed the association between conservation investments and biodiversity values across member states, accounting for a variety of conservation investment indicators, taxonomic groups (including groups of plants, vertebrates, and invertebrates), and indicators of biodiversity value. In general, we found clear overall associations between conservation investments and biodiversity variables. However, some countries received more or less investment than would be expected based on biodiversity values in those countries. We also found that the extensive use of birds as unique indicators of conservation effectiveness may lead to biased decisions. Our results can inform future decisions regarding funding allocation and thus improve distribution of EU conservation funds. © 2017 Society for Conservation Biology.

The energy price in the European Union in 2010

International Nuclear Information System (INIS)

2011-01-01

This document presents and briefly comments data and figures on the prices of natural gas and of electricity for industries and for households, of their evolution in comparison with what they were in 2009 in the different countries of the European Union. These prices are given with VAT included or not

Food Safety in the Context of the European Union

Directory of Open Access Journals (Sweden)

Vasile

2018-02-01

Full Text Available Food safety is a component of food security. According to Codex Alimentarius, food safety is “assurance that food will not cause harm to the consumer when it is prepared and/or eaten according to its intended use”. Food products ‒ processed or fresh ‒ sold to final consumers must not affect their health as a result of direct consumption or processing, depending on the intended purpose of each. In order for a food product ‒ unprocessed, partially or totally processed or newly created ‒ to be safe, it must necessarily fulfil three conditions: to have innocuousness, to be salubrious, not to endanger the human body, that is the normal and healthy consumer; to have nutritional and energy value; food nutrients to be available for the body. Both the European and the national general regulatory frameworks on food safety set the consumer’s right to a safe diet. The normative acts adopted by the European Union (EU are aimed at harmonizing national food safety standards so that the free movement of food products can be achieved as efficiently as possible. In this respect, the European Union has developed a rich legislative body on food safety, animal health and welfare, and plant health, which is binding in all EU countries.

Evaluation consolidated under Financial Group Banca Transilvania

Directory of Open Access Journals (Sweden)

Chebac Neculina

2009-06-01

Full Text Available One of the components of prudence measures adopted by the competentauthorities with the regulation and supervision of financial markets at national andEuropean level is mandatory consolidation of accounts. Romania as member of theEuropean Union it harmonized national regulations with the European consolidation ofaccounts of companies. For the banks have been issued by the appropriate rules by theregulators authority, concerned by National Bank of Romania. In accordance withnational regulations, companies are required to prepare annual consolidated financialstatements may make such situations according to the regulations or accounting inaccordance with Directive VII of the European Economic Community, underInternational Financial Reporting Standards.

FOOD SELF-SUFFICIENCY OF THE EUROPEAN UNION COUNTRIES – ENERGETIC APPROACH

Directory of Open Access Journals (Sweden)

Arkadiusz Sadowski

2016-06-01

Full Text Available The paper covers the issues of a basic social need, namely alimentation. The aim of the research is to evaluate the energetic food self-sufficiency and its changes in the European Union countries. The research has been conducted using the author’s methodology basing on the amount of energy produced and consumed in 1990-2009. The analyses proved that within the considered period, the European Union became an importer of net energy comprised in agricultural products. The excess in produced energy was mainly observed by the countries of European lowland. Moreover in most of the countries, a decrease in the analyzed factor was observed when compared with the 1990-1999 period. On the other hand, in relation to the new member states the increase in food energetic self-sufficiency was observed. The conclusion has been drawn that, while the general food self-sufficiency is mainly determined by environmental factors, its dynamics is primarily influenced by the factors connected with agricultural policy.

Legal Framework of Renewable Energy Sources in the European Union

OpenAIRE

Milto, Yuliya

2017-01-01

The thesis analyses the following issues: historical development of energy and renewable energy sources legislation in the European Economic Community (EEC): the role of energy crisis of 1973 – 1974 in development of renewable energy legislation; international cooperation in the field of energy and renewable energy between EEC and third countries and membership of the EEC in international energy organizations dealing with energy; the European Union renewable energy policy and legal fra...

The Effects of Great Britain's Exit from the European Union

Directory of Open Access Journals (Sweden)

Amarița Adrian

2017-01-01

The withdrawal of the United Kingdom from the European Union directly influences the economicdevelopment of Romania, which will force our country to take all the necessary measures in thecurrent economic conjuncture in order to anchor in the international trade relations.

Union banking a step towards achieving fiscal Union in the European Union

Directory of Open Access Journals (Sweden)

Ionuţ Marius Croitoru

2015-05-01

Full Text Available Introduction: Union policy needs in addition to the official language of four major components: a monetary union, a fiscal union, a union diplomatic and military union A stage in the Union is the Union banking tax. Materials and Methods: Union Bank has three pillars: a single banking supervisor (single supervisory mechanism, the only mechanism of bank resolution and a single scheme of bank guarantees. Results and conclusions: Union Bank, strengthen supervision is an inevitable process, and Romania will have to enroll in it. Option Romania is to be part of Romania deaorece bank Union can not remain outside the structures of decision as long as banks operating in Romania are predominantly Eurozone.

The delay of investments in Romanian tourism caused by the current financial crisis

Directory of Open Access Journals (Sweden)

Fratu, D.

2010-12-01

Full Text Available The European Union considers creating specific economic areas due to the inheritance of each country. For the south-east European area, the characteristic is the low industrial development, as a consequence of the financial crises. Nowadays, the south-east European area becomes attractive mainly because of the tourism industry, due to the industrial downturn of the last decades. EU policies regarding the tourism industry face the actual financial crisis, which is reflected in the postponing of investments in tourism. In this article, the author intends to analyze the current stage of investments made in the Romanian tourism industry with the help of the European Union. The study also aims at finding favourable solutions for continuing investments, although the crisis persists.

Research Methods in European Union Studies

DEFF Research Database (Denmark)

Lynggaard, Kennet; Manners, Ian; Löfgren, Karl

Research on the European Union over the past few years has been strongly implicated in the crises that currently grip Europe with a failure to ask the pertinent questions as well as a perceived weakness in the methods and evidence used by researchers providing the basis for these allegations....... This volume moves the study of EU research strategies beyond the dichotomies of the past towards a new agenda for research on Europe through a rich diversity of problem-solving based research. This new agenda acknowledges the weaknesses of the past and moves beyond them towards greater openness and awareness...

Culture and the qualitative characteristics of financial information: an empirical study of firms traded on different European stockmarkets

Directory of Open Access Journals (Sweden)

Nuno Miguel Barroso Rodrigues

2016-12-01

Full Text Available This research investigates the possible existence of an association between the cultural values proposed by Gray (1988 and the qualitative characteristics of financial reporting found in the  Review of the Conceptual Framework for Financial Reporting jointly developed by the Financial Accounting Standards Board (FASB and the International Accounting Standards Board (IASB. Data was collected from the annual reports and consolidated accounts for 2013 and 2014 disclosed by non-financial firms listed in the following stock indexes for  financial markets of the European Union: PSI-20, IBEX-35, FTSE-100, DAX-30 and OMX-S30. After screening for determined selection criteria, the final population of this study was made up of 137 entities. Content analysis was carried out and, after applying the Mann-Whitney-U test, findings suggest that conservatism is negatively associated with the relevance of financial information. The assessment of the impact of culture on the process of international convergence, as well as the elements associated with this question, are among  the scientific contributions of this study.

THE CITIZENS’ PUBLIC PARTICIPATION UNDER EUROPEAN UNION LAW AND ENVIRONMENTAL LAW

Directory of Open Access Journals (Sweden)

Valentine Charlotte ENE

2014-06-01

Full Text Available Convention on Access to Information, Public Participation in Decision-Making and Access to Justice in Environmental Matters, June 25, 1998 (entered into force Oct. 30, 2001 [hereinafter Aarhus Convention], negotiated under the auspices of the UN/ECE (United Nations Economic Commission for Europe, is the result of the efforts to establish international legal standards in the field of citizens’ environmental rights to date. Also, it is the first international document about public participation in environmental matters, developing the principle 10 of the Rio Declaration, which stresses the need for citizen's participation in environmental issues and for access to information on the environment held by public authorities. Public participation, one of the three main pillars provided by Aarhus Convention, could be one of the key factors in involving the citizens in the protection of the environment and strengthening compliance and enforcement of national and European environmental law. Under European Union regulations, the right to participate in environmental decision-making process could be exercise more effectively based on European Citizens’ Initiative (ECI procedure. Therefore, the European Citizens' Initiative (ECI, as introduced by the Lisbon Treaty, allows citizens to request new EU legislation once a million signatures from seven member states have been collected asking the European Commission to do so. This paper explores environmental citizenship within the framework of European Union (EU environmental law.

An Internationally Intelligible Principle: Comparing the Nondelegation Doctrine in the United States and European Union

Directory of Open Access Journals (Sweden)

Grodin Edward

2015-11-01

Full Text Available This article analyzes the degree of convergence between the United States and the European Union regarding the structural role of administrative agencies. As will be argued, the United States and European Union have arrived at the same broad conclusion about a “nondelegation doctrine”: delegations to administrative agencies should be permitted so long as some limiting principle governs the exercise of that power and allows for sufficient judicial review. However, the Supreme Court has taken a more permissive approach than the Court of Justice in defining the limiting principle. The United States has loosened the reins for the sake of modern administration while the European Union has maintained a firmer grip to keep better control over the Europeanization project. Stated another way, the nondelegation doctrine is simply a reflection of the systems’ relative levels of integration. Thus, the nondelegation doctrine will be stretched in Europe as functional regulatory demands arise from wider and deeper integration. At the same time, the focus will be redirected from substantive limits to procedural controls; accordingly, this Note advocates for a European Administrative Procedure Act.

Evaluating expansion strategies for startup European Union dairy farm businesses.

Science.gov (United States)

McDonald, R; Shalloo, L; Pierce, K M; Horan, B

2013-06-01

A stochastic whole-farm simulation model was used to examine alternative strategies for new entrant dairy farmers to grow and develop dairy farm businesses in the context of European Union (EU) milk quota abolition in 2015. Six alternative strategies were compared: remain static, natural growth expansion, waiting until after EU milk quota abolition to expand, a full-scale expansion strategy without milk quotas and not incurring super levy penalties, a full-scale expansion strategy with milk quotas and incurring super levy penalties, and once-a-day milking until EU milk quota abolition, followed by full-scale expansion. Each discrete whole farm investment strategy was evaluated over a 15-yr period (2013-2027) using multiple financial stability and risk indicators, including overall discounted farm business profitability, net worth change, return on investment, and financial risk. The results of this study indicate that, although associated with increased risk, dairy farm expansion will ensure the future profitability of the farm business. Within the context of EU milk quotas until 2015, the most attractive expansion strategy is to increase cow numbers while avoiding super levy fines using once-a-day milking techniques, increasing to the full capacity of the dairy farm once milk quotas are removed. In contrast, the results also indicate that dairy farms that remain static will experience a significant reduction in farm profitability in the coming year due to production cost inflation. Cash flow deficits were observed during the initial year of expansion and, therefore, rapidly expanding dairy farm businesses require a significant cash reserve to alleviate business risk during the initial year of expansion. The results of this analysis also indicate that dairy farm businesses that expand using lower cost capital investments and avoid milk quota super levy fines significantly reduce the financial risks associated with expansion. Copyright © 2013 American Dairy Science

Food and feed chemical contaminants in the European Union: Regulatory, scientific, and technical issues concerning chemical contaminants occurrence, risk assessment, and risk management in the European Union.

Science.gov (United States)

Silano, Marco; Silano, Vittorio

2017-07-03

A priority of the European Union is the control of risks possibly associated with chemical contaminants in food and undesirable substances in feed. Following an initial chapter describing the main contaminants detected in food and undesirable substances in feed in the EU, their main sources and the factors which affect their occurrence, the present review focuses on the "continous call for data" procedure that is a very effective system in place at EFSA to make possible the exposure assessment of specific contaminants and undesirable substances. Risk assessment of contaminants in food atances in feed is carried currently in the European Union by the CONTAM Panel of EFSA according to well defined methodologies and in collaboration with competent international organizations and with Member States.

The study of the European Union from outside: European integration studies in Norway and Iceland 1990-2010

OpenAIRE

Eliassen, Kjell; Marino, Marit Sjøvaag; Bergmann, Eirikur

2012-01-01

This is a working paper version of a paper written for SENT - The Network of European Studies. The aim of this chapter is to map the research on European integration carried out by Norwegian and Icelandic researchers and research institutions in the period 1990–2010. This study covers research of central aspects of the European Union itself: institutions, decision-making processes, policies, actors and the relationship to other countries, global and regional institutions and local and regiona...

Trade With the European Union: Recent Trends and Electronic Commerce Issues

National Research Council Canada - National Science Library

1999-01-01

.... trade with the European Union (EU). As major trading partners, the United States and the EU are currently addressing several trade-related issues, including their approach to electronic commerce, or e-commerce...

Econometric Assessment of the Degree of Economic Convergence between Member States of the European Union

Directory of Open Access Journals (Sweden)

Elena Mădălina OPRIȚESCU

2017-11-01

Full Text Available One of the important objectives of the European Union is to support economic growth based on economic, social and territorial cohesion between Member States. Due to the accession of relatively poor countries to the European Union, maintaining cohesion is and will remain a major challenge, with cohesion policy having to support the reduction of imbalances between the old Member States and also support the development of less developed regions. One of the main measures adopted by the European authorities emphasizes the importance of increasing the degree of economic convergence between Member States by promoting a common market along with an economic and monetary union. In addition, increasing productivity and convergence within the EU are the foundations of the Lisbon Strategy and remain an important pillar of the Europe 2020 Growth Strategy.

Energy corridors European Union and Neighbouring countries

International Nuclear Information System (INIS)

Van Oostvoorn, F.; Hafner, Manfred; Vailati, Ricardo; Wietschel, Martin

2007-08-01

The ENCOURAGED (Energy corridor optimisation for European markets of gas, electricity and hydrogen) project has been launched in beginning 2005 to identify and assess the economically optimal energy corridors between European Union (EU) and neighbouring countries. The objectives of the project are to: Assess the economic optimal energy (electricity, gas and hydrogen) corridors and related network infrastructure for connecting the EU with its neighbouring countries and regions; Identify, quantify and evaluate the barriers to and potential benefits of building optimal energy corridors connecting the EU with its neighbours; Propose necessary policy measures to implement the recommended energy corridors with a focus on investment and the geopolitical framework; Organise stakeholder workshops and seminars to discuss the results and findings and reach consensus among scientists, stakeholders and non-governmental organizations and validate project results