Delayed Repayment of Corporate Loans in the European Union: Can the Late Payment Directive be Applied to Loan Contracts?

2018 ◽  
Vol 18 (2) ◽  
pp. 185-196
Author(s):  
Magdalena Gruber

Abstract This paper examines the Late Payment Directive of the European Union and seeks to answer the question of whether the provisions of the Directive apply to loan contracts in corporate transactions. The paper first describes and analyses the Late Pay­ment Directive and provides a comprehensive analysis of relevant arguments and legal sources. It then evaluates the different factors required by the Late Payment Directive and finally argues that the Late Payment Directive has to be applied to loan contracts and facility agreements, even if this is not explicitly foreseen in the Directive.

This book provides the first comprehensive analysis of the withdrawal agreement concluded between the United Kingdom and the European Union to create the legal framework for Brexit. Building on a prior volume, it overviews the process of Brexit negotiations that took place between the UK and the EU from 2017 to 2019. It also examines the key provisions of the Brexit deal, including the protection of citizens’ rights, the Irish border, and the financial settlement. Moreover, the book assesses the governance provisions on transition, decision-making and adjudication, and the prospects for future EU–UK trade relations. Finally, it reflects on the longer-term challenges that the implementation of the 2016 Brexit referendum poses for the UK territorial system, for British–Irish relations, as well as for the future of the EU beyond Brexit.


Author(s):  
Marcin Kosman

Abstract While much research has been done regarding right-wing discourse in modern Europe, the literature of Polish far-right discourse is still insufficient. The present paper discusses the discursive strategies of Grzegorz Braun, one of the leaders of Confederation Liberty and Independence, which were implemented by the politician during the 2019 Gdańsk mayoral campaign. In order to provide a comprehensive analysis of Braun’s discourse, audiovisual materials were included in the study. The findings show that Braun employs positive presentation of the Catholic Church and himself, and negative presentation of his opponents (LGBT activists, immigrants, the European Union, the elites), whom Braun considers to be in an alliance against Poland and its core values under the name of the “Gdańsk Pact”.


Author(s):  
Philip Lynch ◽  
Richard Whitaker

Most reports from UK departmental select committees are agreed by consensus, underpinning their reputation for non-partisan working in an adversarial House of Commons. However, divisions (formal votes) are more common than is often assumed, occurring on 9% of reports between 2010 and 2019. This article provides the first comprehensive analysis of unity and divisions on select committees. It finds that the incidence of divisions increases when opposition parties chair committees, when there are more rebellious members of parliament present and when more new members of parliament are in attendance. Brexit provoked significant inter-party and intra-party divisions in the Commons. In committees, divisions on Brexit reports are higher than those on other reports and the Exiting the European Union Committee has a clear Leave-Remain fault line. But, more broadly, the Brexit effect on select committees is limited and unanimity remains the norm even when there are policy differences between parties.


Author(s):  
Anna Moskal

In order to address the negative consequences of double taxation of the same income or capital belonging to a EU citizen, bi- and multilateral tax treaties have been concluded between the Member States. The EU legislator has enacted legislation introducing measures such as Directive 2003/49/EC, Directive 2011/96/EU and the EU Arbitration Convention to counteract the adverse effects of double taxation. Considering the imperfections in the previous procedures, the Council of the EU has issued Directive 2017/1852 on double taxation dispute resolution mechanisms in the EU, aiming to eliminate the existing shortcomings and to create a harmonized framework for dispute resolution. The aim of this article is to present the phenomenon of double taxation in the EU, to identify the shortcomings of the current mechanisms and to conduct a comprehensive analysis of the procedure provided for in Directive 2017/1852. Procedura wzajemnego porozumienia przewidziana w Dyrektywie 2017/1852 jako remedium na problem podwójnego opodatkowania w Unii EuropejskiejW praktyce obrotu gospodarczego UE niejednokrotnie dochodzi do podwójnego opodatkowania tego samego dochodu lub kapitału należącego do obywatela UE. W celu zniwelowania negatywnych konsekwencji podwójnego opodatkowania państwa członkowskie zawarły między sobą liczne bi- i multilateralne umowy podatkowe. Prawodawca uchwalił akty prawne wprowadzające środki przeciwdziałające niekorzystnym skutkom podwójnego opodatkowania, to jest Dyrektywę 2003/49/WE, Dyrektywę 2011/96/UE i tak zwaną unijną konwencję arbitrażową. Mając na uwadze niedoskonałości w dotychczasowych procedurach, Rada UE wydała Dyrektywę 2017/1852 w sprawie mechanizmów rozstrzygania sporów dotyczących podwójnego opodatkowania w UE, która dąży do wyeliminowania istniejących niedociągnięć oraz stworzenia sharmonizowanych ram rozstrzygania sporów. Celem artykułu jest przedstawienie zjawiska podwójnego opodatkowania w UE, wskazanie wad obecnie obowiązujących mechanizmów oraz dokonane analizy procedury przewidzianej w Dyrektywie 2017/1852.


2021 ◽  
pp. 135050682199461
Author(s):  
Lucrecia Rubio Grundell

The aim of this article is to offer a comprehensive analysis of the European Union’s neo-abolitionist approach to prostitution, drawing on the literature that addresses the global rise of neo-abolitionism and using key concepts developed by the gendered approaches to the European Union in order to adapt them to the particular context of the European Union. To do so, the article undertakes a critical frame analysis of the European Union’s violence against women policies, as it is in such policies that prostitution has been most thoroughly addressed, in combination with an analysis of the nature and evolution of the European Union’s gender equality policies more broadly. The article contends that the emergence of prostitution on the gender equality agenda of the European Union and the adoption of an explicit neo-abolitionist approach by the European Parliament can be explained by the coalescence, in the mid 1990s, of three key factors: Sweden’s accession to the European Union and the consequent positioning of Swedish femocrats, keen on exporting Sweden’s neo-abolitionist agenda to the European Union, in central positions of power within European Union institutions; the crystallisation of a robust neo-abolitionist velvet triangle through the creation of strong institutional links between the European Commission, the European Parliament and the European Women’s Lobby, which remained unchallenged; and the gradual development of a hybrid model of gender equality in the European Union which resonates with neo-abolitionist ideals at the same time as neo-abolitionism itself was increasingly associated to gender equality as a fundamental European Union value.


2014 ◽  
Vol 53 (1) ◽  
pp. 101-114
Author(s):  
Gordana Pejović ◽  
Jovan Filipović

Abstract Background: Biosimilars are currently a reality of the pharmaceutical market in the European Union. This paper describes the current regulatory policy for approving biosimilars both in the European Union and in Serbia, which is not a Member State. Also, a comprehensive analysis on biosimilars consumption data on the Serbian market has been performed. Methods: The European Medicines Agency has established a series of biosimilar scientific guidelines that comprises a regulatory policy for biosimilars in the European Union. This has enabled different biosimilar products to be marketed, making the European Union biosimilar market the most developed one globally. In the paper, this regulatory environment has been analysed, emphasising all relevant biosimilar guidelines as well as marketed biosimilar medicines. Also, an analysis is performed on Serbian regulatory requirements for approving and marketing biosimilars, analysing the Serbian regulatory authority’s consumption data as well as data available from the National Health Insurance Institution. Results: In the paper, the comprehensive analysis of the current European Union as well as Serbian regulatory environment has been presented, with a special emphasis on the Serbian market potential for biosimilar medicines. Detailed consumption data has been analysed for the period 2007-2011. Conclusion: Serbia has good potential for biosimilar products, which is supported by national health insurance policy and the general trend of cutting the reimbursement costs for prescription medicines. Five year consumption data for biosimilars in Serbia shows that the Serbian biosimilars market is very small in terms of market share values, especially comparing to other large European biosimilar markets.


2020 ◽  
Vol 27 (2) ◽  
pp. 171-192
Author(s):  
Bojana Vignjević Korotaj ◽  
Jasminka Ledić ◽  
Ivana Miočić

Croatia’s accession to the EU brought changes in educational policies by introducing the concept of the European Dimension in Education (EDE). EDE has successfully found its way into the new Croatian national curriculum, however, there has been no comprehensive analysis of whether it has been introduced into teaching materials (textbooks). Therefore, the aim of this paper is to determine if the European Dimension in Education is present in geography textbooks for primary schools, as well as to explore how it is represented in them. The results of research show that the idea of the European Dimension in Education is most commonly present in terms of factual knowledge about Europe, which does not motivate teachers and pupils to actively and critically discuss issues related to Europe and the European Union.


The Institutions of the European Union is the key text for anyone wishing to understand the functions, powers, and composition of the EU’s institutions. Written and edited by a team of leading international experts, the text offers a comprehensive analysis and explanation of all the most important organizations and their roles in the governance and management of the EU. The fifth edition has been substantially revised, featuring a range of newly authored chapters and including coverage of the most important developments affecting the institutions of the European Union as they contend with the changing dynamics of European integration. Up-to-date chapters examine current challenges, including the rise of populism and how it is wielded by politicians to target EU institutions, the climate emergency, and the EU’s bold new policy commitments to make the Union climate neutral by 2050, as well as the response to the COVID-19 pandemic. Authoritative yet accessible, The Institutions of the European Union is the best guide to how institutions work together to provide political direction, manage the European Union, govern policies, and integrate contrasting interests within the EU.


2020 ◽  
Vol 12 (1) ◽  
pp. 531
Author(s):  
María José Catalán Chamorro

Resumen: En el presente trabajo se analiza el impacto que ha tenido la Ley de nulidad de los contratos de préstamo con elementos internacionales celebrados en la República de Croacia con un acreedor no autorizado y su confrontación con la normativa europea. Esto se realiza a través de las cuestiones prejudiciales planteadas por un Tribunal municipal croata sobre la afectación del derecho a la libre prestación de servicios y libre circulación de capitales en la Unión Europea; alteración de los fueros competenciales, extensión del concepto de consumidor a empresarios y la concepción de los derechos reales.Palabras clave: Derecho a la libre prestación de servicios, Reglamento 1215/2012, defensa de los consumidores y derecho real de hipoteca.Abstract: This paper analyses the impact of the Law on the nullity of loan contracts with international elements entered into in the Republic of Croatia with an unauthorised creditor and its confrontation with European regulations. This is done through prejudicial questions raised by a Croatian Municipal Court on the effect of the right to the free provision of services and free movement of capital in the European Union; alteration of the jurisdictional privileges, extension of the concept of consumer to entrepreneurs and the conception of mortgage rights. Keywords: Right to freedom to provide services, Regulation 1215/2012, consumer protection and mortgage liem.


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