scholarly journals PUBLIC DEBT ANALYSIS BASED ON SUSTAINABILITY INDICATORS

10.26458/1636 ◽  
2016 ◽  
Vol 16 (3) ◽  
pp. 79
Author(s):  
Elena DASCALU
Keyword(s):  
European Union ◽  
Public Debt ◽  
The European Union ◽  
Social Security Systems ◽  
Security Systems ◽  
Member States ◽  
Starting Point ◽  
Vulnerability Indicators ◽  
Potential Risks ◽  
High Level

This article is an analysis of public debt, in terms of sustainability and vulnerability indicators, under a functioning market economy. The problems encountered regarding the high level of public debt or the potential risks of budgetary pressure converge to the idea that sustainability of public finances should be a major challenge for public policy.Thus, the policy adequate to address public finance sustainability must have as its starting point the overall strategy of the European Union, as well as the economic development of Member States, focusing on the most important performance components, namely, reducing public debt levels, increasing productivity and employment and, last but not the least, reforming social security systems. In order to achieve sustainable levels of public debt, the European Union Member States are required to establish and accomplish medium term strategic budgetary goals to ensure a downward trend in public debt.

scholarly journals The Rule of Law Framework in the European Union: Its Rationale, Origins, Role and International Ramifications

2021 ◽  
pp. 305-331
Author(s):  
Artur Nowak-Far
Keyword(s):  
European Union ◽  
Human Rights ◽  
Rule Of Law ◽  
The European Union ◽  
Member States ◽  
The Rule Of Law ◽  
Eu Member States ◽  
International Legal Order ◽  
High Level ◽  
The Eu

AbstractAt present, the European rule of law enforcement framework under Article 7 TEU (RLF) is vulnerable to unguaranteed, discretionary influences of the Member States. This vulnerability arises from its procedural format which requires high thresholds in decision-making with the effect that this procedure is prone to be terminated by the EU Member States likely to be scrutinized under it, if only they collude. Yet, the Framework may prove effective to correct serious breaches against human rights (in the context of ineffective rule of law standards). The European Commission is bound to pursue the RLF effectiveness for the sake of achieving relative uniformity of application of EU law (at large), and making the European Union a credible actor and co-creator of international legal order. The RLF is an important tool for the maintenance of relative stability of human rights and the rule of law in the EU despite natural divergence propensity resulting from the procedural autonomy of the EU Member States. By achieving this stability, the EU achieves significant political weight in international dialogue concerning human rights and the rule of law and preserves a high level of its global credibility in this context. Thus, RLF increases the EU’s effectiveness in promoting the European model of their identification and enforcement.

Financial Assistance to Non-Euro Area Member States

2020 ◽  
Author(s):  
Alexander Thiele
Keyword(s):  
European Union ◽  
Public Debt ◽  
European Central Bank ◽  
Financial Assistance ◽  
The European Union ◽  
Member States ◽  
Money Markets ◽  
Complete Breakdown ◽  
The International Monetary Fund ◽  
Bail Out

The historic financial crisis that began on the American housing market in 2007 and from there spread all over the globe had tremendous consequences for more or less every country worldwide, especially for their respective public finances. The overall public debt level skyrocketed due to the substantial economic downfall and the necessity to bail out hundreds of financial institutions that had suffered severe losses when the American subprime market collapsed and the money markets froze. Though the States were (with tremendous help by the European Central Bank) finally successful in preventing a complete breakdown of the major financial markets, their intervention left the national budgets and the balance of payments (BOP) of several of them in a devastating condition with insolvencies only being averted by massive external and mainly financial assistance by other States and institutions (especially the International Monetary Fund (IMF)). Some of these states facing such a financial calamity were Member States of the European Union (EU)—a fact having an important normative implication: Other Member States wanting to help financially were bound by the normative framework of the European Union Treaties. And the same was obviously true for the European Union itself where it wanted to initiate any form of (financial) assistance.

scholarly journals Assessable learning outcomes for the EU Education and Training Framework core and Function A specific modules: Report of an ETPLAS WORKING Group

2020 ◽  
pp. 002367722096858
Author(s):  
Ismene A Dontas ◽  
Kenneth Applebee ◽  
Martje Fentener van Vlissingen ◽  
Viola Galligioni ◽  
Katerina Marinou ◽  
...  
Keyword(s):  
European Union ◽  
Learning Outcomes ◽  
Working Group ◽  
Mutual Recognition ◽  
Education And Training ◽  
The European Union ◽  
Member States ◽  
Starting Point ◽  
And Function ◽  
And Training

Article 23(2) of the European Union Directive 2010/63/EU, which regulates welfare provisions for animals used for scientific purposes, requires that staff involved in the care and use of animals for scientific purposes be adequately educated and trained before they undertake any such work. However, the nature and extent of such training is not stipulated in the Directive. To facilitate Member States in fulfilling their education and training obligations, the European Commission developed a common Education and Training Framework, which was endorsed by the Member States Competent Authorities. An Education & Training Platform for Laboratory Animal Science (ETPLAS) Working Group was recently established to develop further guidance to the Learning Outcomes in the Framework, with the objective to clarify the levels of knowledge and understanding required by trainees, and to provide the criteria by which these Learning Outcomes should be assessed. Using the Framework document as a starting point, assessment criteria for the Learning Outcomes of the modules required for Function A persons (carrying out procedures on animals) for rats, mice and zebrafish were created with sufficient detail to enable trainees, providers and assessors to appreciate the level of knowledge, understanding and skills required to pass each module. Adoption and utilization of this document by training providers and accrediting or approving bodies will harmonize introductory education and training for those involved in the care and use of animals for scientific purposes within the European Union, promote mutual recognition of training within and between Member States and therefore free movement of personnel.

scholarly journals Contemporary economic relations between China and European Union

2014 ◽  
Vol 66 (1-2) ◽  
pp. 35-50
Author(s):  
Nikola Jokanovic
Keyword(s):  
European Union ◽  
Global Economy ◽  
The European Union ◽  
Member States ◽  
Economic Relations ◽  
Trade Relations ◽  
Eu Member States ◽  
Chinese Investment ◽  
High Level ◽  
The Eu

This paper will discuss the economic relations between the European Union and the People?s Republic of China. The introductory part will make an insight into the position of China in the contemporary global economy. The following part of the paper will analyze China-EU trade relations. The topics included will be a general overview of these relations since their establishing in 1975 as well as the European Union?s attitude towards the Chinese WTO membership. The Sino-EU partnership and competition will also be described and it will be followed by an overview of the Sino-EU High Level Economic and Trade Dialogue (HED). The concluding topics in this part of the paper will include Sino-EU trade flows, perceived obstacles to trade and investment as well as recent trade disputes between two trading partners. The third part of the paper will deal with Sino-EU investment flows (with an emphasis on Chinese investments in EU member states). After the introductory remarks concerning the EU investments originating from China, the paper will shed light on particular EU member states which are preferred for Chinese investment as well as the industries in which Chinese companies are willing to invest. The concluding part of this paper will offer possible development of relations between the EU and China in the near future.

scholarly journals General government deficit and public debt in EU member states

2011 ◽  
Vol 2 (4) ◽  
pp. 29-41
Author(s):  
Michał Wielechowski
Keyword(s):  
European Union ◽  
Public Debt ◽  
Budget Deficit ◽  
The European Union ◽  
Member States ◽  
Public Finances ◽  
Eu Member States ◽  
General Government ◽  
Government Deficit ◽  
The Eu

The aim of this article is the presentation and the attempt to analyse such phenomena as: an excessive general government deficit and public debt in EU Member States over the past 3 years. For the European Union the years 2008-2010 were the time when public finances of most member countries worsened dramatically. The average budget deficit in the EU increased during that period to a value of almost 7% compared to gross domestic product and public debt reached almost 80% of GDP. Referring the numbers to the principles of the budgetary policy in the Treaty on the European Union (the deficit should not exceed 3% in relation to GDP and public debt – 60% of GDP), the observance of budgetary discipline has been significantly violated. In consequence, the excessive deficit procedure has been initiated. in relation to almost all the countries of the EU, Its purpose was to force the member countries to take concrete actions to stabilize public finances. The economic crisis that began in the second half of 2007 in the United States of America which resulted in a significant deterioration of the finances of all the EU member countries might be regarded as the major source of violation of their budgetary discipline. The reactions of most governments TO the harmful effects caused by the financial crisis were to stimulate national economies and stem the decline of domestic demand. The higher level of public expenditures was simultaneously the cause of increased budget deficits,. To develop and present the problem of an excessive budget deficit and public debt in the EU countries some statistical methods were used and the data source statistics were mainly carried out by the European Commission and the European Statistical Office.

scholarly journals Correlation between prevalence of tobacco smoking and risk and severity of COVID-19 at the national level in the European Union: an ecological study

2020 ◽  
Author(s):  
Adrián González-Marrón ◽  
Jose M Martínez-Sánchez
Keyword(s):  
European Union ◽  
Tobacco Smoking ◽  
Attack Rate ◽  
National Level ◽  
Significant Negative Correlation ◽  
P Value ◽  
The European Union ◽  
Member States ◽  
Angiotensin Converting Enzyme 2 ◽  
High Level

AbstractThe Angiotensin-converting enzyme 2 (ACE2) protein is the receptor for different coronaviruses, including Severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), the causative agent of Coronavirus disease 2019 (COVID-19). Previous studies suggested the hypothesis that nicotine could downregulate the expression of the ACE2. Due to the high level of nicotine intake, the objective of this preliminary study was to assess, at the ecological level, the correlation between tobacco smoking and the attack rate and severity of COVID-19 in the European Union (EU). We have found that there is a statistically significant negative correlation between the age-standardized prevalence of tobacco smoking and the attack rate of COVID-19 in member states of the EU [Spearman’s correlation coefficient = −0.476 (95% confidence interval −0.117, −0.725) (p-value = 0.012)], meaning that in member states with a higher age-standardized prevalence of tobacco smoking the attack rate of COVID-19 has been so far lower. Further research is needed to understand the possible effect of nicotine exposure in the expression of the ACE2 protein.

scholarly journals La reforma constitucional suiza : el origen de la "regla de oro fiscal"

2012 ◽  
pp. 455
Author(s):  
Mónica Arenas Ramiro
Keyword(s):  
European Union ◽  
Economic Crisis ◽  
Public Debt ◽  
Golden Rule ◽  
The European Union ◽  
Member States ◽  
The Public ◽  
Debt Brake ◽  
The Way

Si bien la crisis económica que estamos viviendo afecta a todos los Estados miembros de la Unión Europea, la manera de afrontarla de unos y otros varía considerablemente, sin que en ninguno de los casos parezcan producirse resultados óptimos. Por este motivo, desde la propia Unión, ante el peligro de que la ruptura económica y monetaria se produzca, se ha orientado el proceso de estabilidad fiscal aconsejando a sus Estados miembros introducir un límite al gasto público en sus textos constitucionales. Esta solución, adoptada por algunos países como Alemania, Francia, o España, ha sido recibida con cierta suspicacia y con pocas esperanzas. No obstante, este freno al endeudamiento público, esta «regla de oro fiscal», fue ya constitucionalizada por Suiza en el 2001 y los resultados son verdaderamente positivos. Su experiencia, y la semejanza con nuestra forma de organización territorial, puede arrojar un poco de luz a las medidas hasta ahora adoptadas.While the economic crisis affects all Member States in the European Union, the way to resist it varies considerably from each others, and nobody have the optimal results. For this reason, from the European Union faced with the danger of economic and monetary breakdown, has guided the process of fiscal stability recomending its Member States to introduce a debt brake in their national Constitutions. The solution adopted by countries like Germany, France, or Spain, has been greeted with suspicion and without hope. However, the public debt brake —the «financial golden rule»— was already constitutionalized by Switzerland in 2001 and the results were truly positive. His experience may shed some light on our steps.

FOI in Ireland and Europe: Progress and Regression

2001 ◽  
Vol 29 (2) ◽  
pp. 256-271 ◽  
Author(s):  
Maeve McDonagh
Keyword(s):  
European Union ◽  
National Level ◽  
Eastern Bloc ◽  
Freedom Of Information ◽  
The European Union ◽  
Member States ◽  
Level Of Activity ◽  
Proposed Regulation ◽  
High Level ◽  
Access To Documents

There has been a high level of activity in the development of standards concerning access to public sector information in Europe in recent years. At domestic level, freedom of information (FOI) legislation has been introduced to the overwhelming majority of member states of the European Union and to a number of former Eastern bloc countries. Freedom of Information has also increased its impact at supra national level, both in terms of progress towards the development by international bodies such as the European Union and the Council of Europe of FOI norms for their Member States and with respect to the opening up of access to documents of the international institutions themselves. There is, however, considerable variation in the content and scope of the various FOI measures introduced. The aim of this paper is to assess the scope and operation of two contrasting examples of recently introduced or proposed FOI measures, namely the Irish FOI Act and the proposed Regulation on Access to Documents of the European Institutions. The overall theme of the paper is that strong FOI measures are needed to combat the tendency toward secrecy in public administration in Europe but that even where access measures are relatively strong in their formulation, their effectiveness can be limited through under-funding or more direct interference with the operation of the access scheme.

An Analysis of the Legal Systems and Mechanisms Introduced in the European Union in the Fight Against Cyberspace Threats

2016 ◽  
Vol 8 (2) ◽  
pp. 0-0
Author(s):  
Anna Kańciak
Keyword(s):  
European Union ◽  
Cyber Security ◽  
Critical Infrastructure ◽  
Economic Security ◽  
The European Union ◽  
Preventive Action ◽  
Member States ◽  
Strategic Objective ◽  
Illegal Activities ◽  
High Level

The ability to conduct attacks in cyberspace from any location in the world, together with a high level of anonymity for the perpetrator, underlines the global nature of this issue. Consequently, threats within cyberspace have become one of the most serious challenges for the national and economic security of countries. The immaterial character of cyberspace and the threats emerging from within its framework transcend borders in respect of both the subject and territorial dimension. The illegal activities conducted in cyberspace are also connected with the low, and constantly decreasing, costs of initiating and conducting attacks along with the relatively high possibility of by the attacking entity remaining anonymous.3 Cyber-security strategies are the response of the European Union and its Member States to the emerging threats. Developing national strategies is a relatively new trend. In such documents Member States present their national perspective in respect of cyberspace protection as well as the rules of conduct, perception of the threat, risk assessment and a strategic objective complemented by other specific objectives. These documents help national decision-makers with policy making in terms of cyberspace protection and the allocation of the resources essential for its development. Apart from cyberspace, strategies designate crucial areas of the state’s functioning as principal area of the protection that require special preventive action, i.e. critical infrastructure, economic development, national security, social development and a sense of security as a component within information-communications technologies applications.

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