Greek coalition may fall before policy shift unfolds

2018 ◽  
Keyword(s):  
Financial Crisis ◽  
Prime Minister ◽  
Debt Relief ◽  
Political Uncertainty ◽  
Member States ◽  
Content Type ◽  
Eu Member States ◽  
Fiscal Performance ◽  
Policy Shift ◽  
The Government

Significance The talks will focus on fiscal performance ahead of drafting the 2019 budget, in the light of a major policy speech by Prime Minister Alexis Tsipras in Thessaloniki in which he promised a relaxation of many of the strictures imposed during Greece’s bailouts. With an eye on approaching elections, the Syriza-led government has announced extensive economic handouts, claiming it can finance them without recourse to the pension cuts and tax hikes demanded by creditors in June in exchange for debt relief. Impacts Domestic political uncertainty and Turkey’s financial crisis are keeping spreads on Greek bonds wider than those of other EU member states. The government claims it has a reserve of some 20 billion euros, sufficient to cover borrowing needs for two-and-a-half years. With investment flows sluggish, privatisation will proceed slowly and there is minimal productive investment.

Five-party Czech government must compromise on policy

2022 ◽  
Keyword(s):  
Prime Minister ◽  
Energy Prices ◽  
Member States ◽  
Content Type ◽  
Eu Integration ◽  
The Government ◽  
Social Uncertainty

Significance The five-party coalition enters office at a time of intense economic and social uncertainty resulting from the COVID-19 pandemic, rising debt and soaring energy prices. Prime Minister Petr Fiala's greatest challenges involve negotiating between the five coalition partners and restoring respectability to Czech politics. Impacts The new government will be less sceptical about closer EU integration, given the upcoming Czech EU presidency from mid-2022. The government will try to reopen EU Green Deal chapters to renegotiate compensation for highly industrialised member states. Former Prime Minister Andrej Babis may run for president in 2023. Babis will strive to avoid losing parliamentary immunity from prosecution relating to the Stork’s Nest affair and alleged EU subsidy fraud.

Turkish-EU migrant policies will continue to diverge

2015 ◽  
Keyword(s):  
Prime Minister ◽  
Action Plan ◽  
Press Conference ◽  
Syrian Refugees ◽  
Eu Accession ◽  
Member States ◽  
Content Type ◽  
Eu Member States ◽  
Angela Merkel ◽  
The Eu

Significance German Chancellor Angela Merkel has said Germany is "ready to offer support" on four Turkish demands in return for cooperating with the EU in the migrant crisis. At a joint press conference in Istanbul yesterday, Turkish Prime Minister Ahmet Davutoglu repeated Ankara's four conditions for implementing an action plan against the influx of Syrian refugees into Europe. It wants more EU aid for those refugees inside Turkey; three chapters opened in Turkey's EU accession negotiations; visa liberalisation for Turks travelling to the EU; and a seat for Turkey at EU summits. Impacts Erdogan's resentment over EU condemnations of growing authoritarianism is so deep that any EU softening will have little impact. Davutoglu and Erdogan present Turkey as so important globally, that the EU is desperate that it join; they have no interest in accession. Several EU member states have severe reservations about visa liberalisation, funding aid and opening new accession chapters.

Warsaw may be isolated in EU on ‘posted workers’

2017 ◽  
Keyword(s):  
Competitive Advantage ◽  
Social Insurance ◽  
Prime Minister ◽  
Migration Policy ◽  
Right Wing ◽  
Member States ◽  
Content Type ◽  
Eu Member States ◽  
The Right

Subject Poland’s isolation over EU labour reform. Significance "They will not break us," Prime Minister Beata Szydlo said in a recent interview for a right-wing weekly. She was referring to Poland’s opposition to EU migration policy and more generally to a broader set of issues that divide the right-wing government in Warsaw from its EU partners. Szydlo's belligerent rhetoric plays well with domestic audiences but conceals Poland’s inability to build alliances and protect its interests. These weaknesses have become apparent during recent talks on reforming the EU’s Posted Workers Directive. Impacts New regulations may erode the competitive advantage of Polish firms that regularly post workers to western EU member states. The Polish budget would lose posted workers’ social insurance contributions, a loss estimated as worth up to 275 million dollars a month. Poland’s reputation as a regional spokesman for the interests of CEE member states may be undermined.

New Somali cabinet faces tough agenda pre-2016 polls

2015 ◽  
Keyword(s):  
Presidential Elections ◽  
Prime Minister ◽  
National Government ◽  
African Union ◽  
Member States ◽  
Content Type ◽  
Legislative Activity ◽  
The Government ◽  
Security Operations

Significance The prime minister withdrew his first cabinet, proposed in early January, after opposition to the inclusion of figures from the outgoing government who were considered too closely aligned with President Hassan Sheikh Mohamud. The government is the country's third under the provisional constitutional framework adopted in August 2012. It faces a daunting list of tasks to achieve before its mandate runs out in August 2016, including establishing a framework for relations between regional member states and the national government, building electoral architecture, finalising the constitution before a referendum, and holding national parliamentary and presidential elections. Impacts With the exception of al-Shabaab, all parties continue to work within the federal framework, despite its problems. Security operations led by African Union (AU) peacekeepers and assisted by Somali forces will continue to pressure al-Shabaab territorially. Clan-based haggling over this cabinet could lead to a burst of legislative activity, as government and clan interests align temporarily.

Adapting the European System of Financial Supervision (ESFS) to the EEA Two-Pillar Structure – A Workable Solution?

2019 ◽  
Vol 16 (5) ◽  
pp. 557-591
Author(s):  
Andri Fannar Bergþórsson
Keyword(s):  
Financial Crisis ◽  
Global Financial Crisis ◽  
National Level ◽  
Financial Supervision ◽  
Member States ◽  
Eu Member States ◽  
European System ◽  
Pillar Structure ◽  
The Global Financial Crisis ◽  
The Eu

In response to the global financial crisis, the European System of Financial Supervision (ESFS) was created in 2010. Supranational bodies were established for different financial sectors to act as supervisors of sorts for national-level supervisors in EU Member States. This article focuses on how the system was adapted to three EFTA States that are not part of the EU but form the internal market along with EU Member States through the EEA Agreement – Iceland, Norway and Lichtenstein (EEA EFTA States). The aim is to clarify how ESFS has been incorporated into the EEA agreement and to discuss whether this a workable solution for the EEA EFTA States that have not transferred their sovereignty by name in the same manner as the EU Member States. One issue is whether the adaptation has gone beyond the limits of the two-pillar structure, as all initiative and work stem from the EU supranational bodies and not the EFTA pillar.

Practice of the member states of the European Union in the field of anti-corruption regulation

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Dmytro S. Melnyk ◽  
Oleg A. Parfylo ◽  
Oleksii V. Butenko ◽  
Olena V. Tykhonova ◽  
Volodymyr O. Zarosylo
Keyword(s):  
European Union ◽  
System Analysis ◽  
The European Union ◽  
Analysis Method ◽  
Member States ◽  
Content Type ◽  
Eu Member States ◽  
Legal Method ◽  
Content Analysis Method ◽  
The Eu

Purpose The experience of most European Union (EU) Member States has demonstrated effective anti-corruption practices, making the EU one of the leaders in this field, which can be used as an example to learn from in the field of anti-corruption. The purpose of this study is to analyze and identify the main features of anti-corruption legislation and strategies to prevent corruption at the national and supranational levels of the EU. Design/methodology/approach The following methods were used in the work: discourse and content analysis, method of system analysis, method of induction and deduction, historical-legal method, formal-legal method, comparative-legal method and others. Using the historical and legal method, the evolution of the formation of anti-corruption regulation at the supranational level was revealed. The comparative law method helped to compare the practices of the Member States of the EU in the field of anti-corruption regulation. The formal-legal method is used for generalization, classification and systematization of research results, as well as for the correct presentation of these results. Findings The main results, prospects for further research and the value of the material. The paper offers a critical review of key EU legal instruments on corruption, from the first initiatives taken in the mid-1990s to recent years. Originality/value In addition, the article analyzes the relevant anti-corruption legislation in the EU member states that are in the top 10 countries with the lowest level of corruption, namely: Denmark, Finland, Sweden, the Netherlands, Germany and Luxembourg.

The integrated assessment of RES cooperation between the EU and its neighbours

2016 ◽  
Vol 10 (3) ◽  
pp. 427-447 ◽  
Author(s):  
Marijke Welisch ◽  
Gustav Resch ◽  
André Ortner
Keyword(s):  
Renewable Energy ◽  
North Africa ◽  
Renewable Energy Sources ◽  
The European Union ◽  
Western Balkans ◽  
Member States ◽  
Content Type ◽  
Eu Member States ◽  
Good Resource ◽  
The Eu

Purpose The purpose of the paper is to provide estimation results for feasibility of renewable energy source (RES) deployment in Turkey, the Western Balkans and North Africa. From these results, the potential for cooperation in renewables production between the countries and the European Union (EU) is assessed and evaluated, in a mid- (2030) and long-term (up to 2040) perspective. Design/methodology/approach The authors focus on the quantitative assessments undertaken on the extent to which RES cooperation can create mutual benefits, identifying costs and benefits for both sides, but in particular with respect to RES target achievement (2020 and 2030) at EU level. The potentials for RES generation in Turkey, North Africa and the Western Balkans are calculated under different policy pathways, taking into account different levels of economic and non-economic barriers that could occur. Findings Overall, the authors found that increasing RES deployment in the three analysed regions and initiating or intensifying cooperation with EU28 Member States leads to mutual benefits. Concretely, these benefits become apparent in terms of the EU Member States importing renewable energy sources for electricity with a good resource quality and adding on to their targets for RES deployment. At the same time, substantial savings occur for the EU, in turn leading to income and investments in the cooperating regions. Originality/value The assessment underlying this paper is the first of its kind to the authors’ knowledge that opens up the geographical spread in comparison to merely assessing cooperation between Europe and the Middle East and North Africa. Furthermore, the multitude of policy parameters analysed provides detailed and robust insights concerning a broad variety of different possible scenarios.

UK freeports agenda may disappoint

2021 ◽  
Keyword(s):  
Prime Minister ◽  
Global Trade ◽  
Central Component ◽  
Content Type ◽  
The Creation ◽  
The Government

Significance The government vows that freeports will represent “hubs of enterprise which will allow places to carry out business inside a country’s land border but where different customs rules apply”. The creation of freeports are a central component of Prime Minister Boris Johnson’s government to facilitate global trade and promote regional regeneration in the post-Brexit era. Impacts With Brexit, London will have more flexibility regarding the concessions it can offer businesses operating in freeports. The government vows to create freeports in the devolved regions but faces the difficult task of cooperating with the devolved governments. Some poorer regions will miss out on freeports, which could leave them even more deprived and stoke local resentment against London.

Slovenia will remain polarised, whatever Jansa’s fate

2021 ◽  
Keyword(s):  
United States ◽  
Democratic Party ◽  
Prime Minister ◽  
European Council ◽  
Content Type ◽  
The Government ◽  
Council Presidency ◽  
The Eu

Significance The government led by the Slovenian Democratic Party (SDS) is under mounting pressure as Slovenia prepares to take over the European Council presidency. This is due mainly to hostility in parliament and society to Prime Minister Janez Jansa, who promotes a popular but divisive form of national conservatism. Impacts A successful no-confidence vote in the government followed by early elections would complicate Slovenia’s handling of its EU presidency. The fall of the current government and its replacement by the centre-left would improve Slovenia’s relations with the EU and United States. Hungarian Prime Minister Viktor Orban would lose an ally at EU level if Jansa lost office.

European transport industry deregulation

2019 ◽  
Vol 42 (9) ◽  
pp. 1095-1115 ◽  
Author(s):  
Ioannis Koliousis ◽  
Dongmei Cao ◽  
Panagiotis Koliousis
Keyword(s):  
Transport Sector ◽  
Operating Efficiency ◽  
Empirical Examination ◽  
Member States ◽  
Content Type ◽  
Managerial Efficiency ◽  
Eu Member States ◽  
Transport Industry ◽  
The Impact ◽  
The Eu

Purpose This paper aims to examine the impact of deregulation on the European transport industry in the form of privatization, on the managerial efficiency of a panel of deregulated transport companies. Design/methodology/approach This research examines a data set of 25 deregulated transport companies from a sample of 12 EU nations from 1988 to 2015. Some studies have analyzed deregulation by using non-parametric models. However, only a limited number of studies focus on the impact of deregulation on the managerial efficiency. This study answers two questions: whether deregulation, in the form of privatization, in the transport sector has any effect on the managerial efficiency, on the profitability and on the investment decisions of the firm, and whether this premise is robust enough across the European transport industry. This study formulates a multivariate regression framework utilizing data from major privatized European transport companies. The final panel includes 25 companies, from 12 EU - Member States for the period 1988-2015, equaling 375 firm-year observations based on a rigorous selection methodology. Findings The study confirms that transport companies, post-privatization, are more efficient regarding operating efficiency and profitability. The authors find no evidence that deregulation improves investment efficiency. Social implications The study addresses the regulators’ dilemma, whether to deregulate, by focusing on analyzing the improvement of the managerial efficiency. Originality/value This study contributes to the transport industry management literature in three ways. First, the authors update the literature of the economic theory of regulation with an empirical examination which covers the latest years across the EU Member States. Second, the authors introduce a comparison of the effects of deregulation on different components of the managerial efficiency, namely, investment, profitability and operating efficiency of the incumbents in the EU transport industry. Third, they examine deregulation by using two approaches: a traditional one where deregulation is a dummy variable assessing the overall effect on incumbents’ efficiency performance; and a novel approach where the Organisation for Economic Co-operation and Development’s deregulation index is used to measure the regulation intensity, accounting also for industry-wide impact assessment. This two-sided approach increases the robustness of the results.

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