scholarly journals Major changes affecting EU funded loan and equity scheme management in 2021-2027 budgetary period

2021 ◽  
Vol 8 (4) ◽  
pp. 398-408
Author(s):  
Márk Bató

Approximately ten percent of support from the European Union structural funds sources was utilised as financial instruments in the 2014-2020 EU budgetary period. The term ‘financial instruments’ represents support in the form of loans and capital injections in Hungary. Programmes for 2021-2027 have not been finalised yet, but major amounts of money are expected to be used in the form of financial instruments. Therefore, one should review the changes affecting the criteria to use EU structural funds, which determine development policies in the next period regarding loan and equity schemes. Both the EU and the Hungarian regulatory framework have been established, they can be studied and used as the starting point of further planning. In this paper the major components of the relevant regulatory framework including its practical conclusions to be expected are discussed.

Auspicia ◽  
2020 ◽  
pp. 23-37
Author(s):  
František Prášil

ABSTRACT: This article deals with the issue of multilevel governance in the European Union. Firstly, it introduces the reader to the issue of multilevel governance in the relationship between the European Union and the Czech Republic. It focuses on processes, principles of multilevel governance, their development over time (especially after the Czech Republic's accession to the European Union). Secondly, the article examines the changes within the Czech Republic after its accession to the EU with regard to regions and regionalization. It points out the problems associated with drawing the EU structural funds. The article also deals with the issues of EU vs. Andrej Babiš and his business activities, in particular, the much-discussed Stork's Nest case. By summarizing the findings, the article attempts to provide readers with enough information to be able to get their own idea of whether or not the current Czech Prime Minister Andrej Babiš has a conflict of interest with his business activities.


Author(s):  
Ahmet İncekara ◽  
Burcu Kılınç Savrul

Regional policy of the European Union (EU) is implemented in order to improve welfare and quality of life in specific regions of EU member countries, minimize inter-regional income differences and restructure less developed industrial areas. regions of the EU countries has urban and regional development differences in themselves. Regional policies have gained importance in the process of EU enlargement. Increases regional disparities has been observed to occur with the first expansion. Although the tools that the Community could use for regional inequality were initially limited, they began to increase over the years in the process of development of regional policy of the EU. In this respect, this study will focus primarily on the EU regional development policies, the structural funds in line with the measures taken to ensure economic and social cohesion in EU countries and European Investment Bank and the new tools such as community tool will be discussed.


Author(s):  
Michaela Staníčková ◽  
Lukáš Melecký

Regional development policies based on local potential triggers a shift in the economic structure of territories. Exogenous and endogenous factors determine potential of regional development and it is necessary to use different indicators and methods to its evaluation. For the paper purpose, it is required to define metropolitan and peripheral functions as well as urban areas in the form of geographic models, depicting their spatial distribution in the European Union (EU). Nowadays, regions are increasingly becoming the drivers of the economy. All regions possess development opportunities – however, use these options enough, and hence the competitiveness of regions must be efficient enough. The paper focuses on dividing the EU NUTS 2 regions based on geographic models of the European economy into efficient and inefficient ones and identifying an optimal benchmark for inefficient regions as a strategy for enhancing their economic structure to measure regional efforts and progress.


2018 ◽  
Vol 7 (2) ◽  
pp. 263-293 ◽  
Author(s):  
MARKUS PATBERG

Abstract:There is a growing sense that if the EU is to avoid disintegration, it needs a constitutional renewal. However, a reform negotiated between executives will hardly revitalise the European project. In light of this, commentators have suggested that the EU needs a democratic refounding on popular initiative. But that is easier said than done. Shaping the EU has been an elite enterprise for decades and it is hard to imagine how things could be otherwise. In this article, I map four public narratives of constituent power in the EU to sketch out potential alternatives. Political actors increasingly call into question the conventional role of the states as the ‘masters of the treaties’ and construct alternative stories as to who should be in charge of EU constitutional politics, how the respective subject came to find itself in that position, and how it should invoke its founding authority in the future. These public narratives represent a promising starting point for a normative theory that outlines a viable and justifiable path for transforming the EU in a bottom-up mode.


Author(s):  
Jean-Christophe Bureau ◽  
Luca Salvatici

Abstract This paper provides a summary measure of the possible new commitments in the area of agricultural market access undertaken by the European Union and the United States, using the Trade Restrictiveness Index (TRI) as the tariff aggregator. We take the 2001 bound tariffs as the starting point and attempt to assess how much liberalization in agriculture could be achieved in the European Union and the United States as a result of the present negotiations. We compute the index for 20 agricultural commodity aggregates under the actual commitments assuming a specific functional form for import demand. We compare the present levels of the TRI with three hypothetical cases: a repetition of the same set of tariff cuts commitments of the Uruguay Round according to a EU proposal prior to the 2003 WTO ministerial meeting, a uniform 36% reduction of each tariff, an harmonization ( "Swiss" ) formula based on the initial US proposal.


2020 ◽  
Vol 12 (1) ◽  
pp. 223-240
Author(s):  
Silvia Manessi

The aim of this paper is to analyse the legal framework regulating the careers of civil servants working for the EU institutions and reveal how the values of equality and diversity are communicated and embedded in their daily lives. The research examines the English language used in the HR legal framework of the EU institutions and explores the linguistic aspects related to equality and diversity management and inclusive language. The starting point of this research is the idea that the European Union is based on the values of democracy, the rules of law and the equal treatment of its citizen, who are celebrated for their diversity. It is thus highly relevant to look at the EU in action and see if it is consistent in the understanding and application of these values. The methodological approach of this research entailed the creation and analysis of a unique corpus composed of all the applicable HR legal provisions in force within the EU institutions, and the examination of the linguistic features (word lists by frequency, concordances, collocations and lexical bundles) of the terminology related to four different areas of equality and diversity – the LGBTI community, gender, the elderly and persons with a disability – with the final aim to take stock of the related developments in the use of the English language. The results indicate that the language used in the EU HRM legal framework is not in line with the EU values of equality and diversity, and the research concludes with highlighting possible improvements of the language used in the corpus.


2020 ◽  
Vol 13 (1) ◽  
pp. 39-55
Author(s):  
E. G. Entina

Traditionally the phenomenon of the European integration towards South East Europe is regarded starting from the XXI century. The explanation for such a periodization are resolution of the open conflicts on the territory of the former Yugoslavia and implementation of the complex EU strategy for the region. Starting point of the majority of researches is the year of 2003 when the EU Agenda for the Western Balkans was started in Thessaloniki. The topic of EEC-Yugoslavia relations, SFRY having been first socialist country to institutionalize its trade and economic relations with Brussels, are unfairly ignored in domestic and foreign scientific literature. It is regarded solely as a chronological period of trade agreements. Nevertheless, this issue is of fundamental importance for understanding the current neighborhood of the European Union. The main thesis the author proves is that in the 1960s and 1980s as it is the case nowadays, the main imperative of Brussels' policy towards the Balkans was to prevent Moscow from increasing its influence. This led to the formation of a very specific format of relations with Belgrade and was one of the reasons why the economic crisis in Yugoslavia became extreme and its economy irreformable. In addition, at a later and structurally much more complicated stage of relations between the countries of the former Yugoslavia and the European Union the specificity and main components of relations of the Cold War period did not fundamentally change. As for the policy of so-called containment of the external actors one could see that besides Moscow, we can speak about similar attitude of the EU towards China. It makes it possible to consider the EU policy towards the countries of the former Yugoslavia in the paradigm of neoclassical realism, rather than in the paradigm of traditional liberal European integration approaches which allows us to unite neorealists elements with the specifics of internal processes, including the modernization of institutes, relations between society and state, types of political leadership.


Author(s):  
Olga Mikheeva ◽  
Egert Juuse

The Central and Eastern European (CEE) region, where European structural funds make up the lion share of national budgets, provides an opportunity to study how “development financing” is defined and operationalized in the context of dependency on external financing from the European Union (EU). The three Baltic republics (Estonia, Latvia, Lithuania) represent a region with a particular socio-political history, similar economic structures and equally similar asymmetrical relations with the EU, which makes the entire notion of development finance institutions quite different from existing “strategic” qualities attributed to promotional banks as discussed in current literature. We aim to demonstrate that policy trajectories, largely shaped by the EU, and especially an overdependence on EU structural funds, result in a set of incentives that hinder the development of a more strategic approach to economic policies and policy-related finance in particular. We also argue that bureaucratic competences developed within such a context of external financing resemble a “managerial” type of Development Finance Institutions rather than “strategic” investing agents.


2016 ◽  
Vol 14 (4) ◽  
pp. 715-737
Author(s):  
Adam Czudec ◽  
Ryszard Kata

The study evaluates the processes of regional income convergence in Poland. This problem is considered from the angle of the key development gaps separating the regions of Eastern Poland from other more economically developed regions of the country. The EU Structural Funds allocated significant resources in 2004-2014 to re-duce these gaps, including under the Operational Programme Development of Eastern Poland (OP DEP 2007-2013), specially designed for this purpose. It was shown that there has been significant progress in reducing de-velopment gaps during the period in question, including in relation to: expenditure on R&D in relation to GDP, economic activity of the population and the development of road infrastructure. Progress in this area would not be possible without the support of EU funds. Even though the scope and scale of positive changes prevented regional convergence, they contributed to inhibiting the processes of further income polarization between regions.


Author(s):  
Argenton Cédric ◽  
Geradin Damien ◽  
Stephan Andreas

This chapter deals with the institutional and regulatory framework that applies to cartels in the European Union (EU), going over both the substantive and procedural rules. The key legal basis for the prosecution of cartels resides under Article 101(1) of the Treaty on the Functioning of the European Union (TFEU), as interpreted by the case law of the EU courts. Article 101 TFEU is a three-pronged provision. First, the chapter shows how Article 101(1) TFEU establishes a prohibition rule providing that any agreement between undertakings which may affect trade between Member States and which restricts competition is to be deemed incompatible with the internal market. Next, the chapter takes a look at how Article 101(2) TFEU declares that agreements deemed incompatible pursuant to Article 101(1) TFEU are null and void. The ways in which Article 101(3) TFEU embodies an exception to the default prohibition rule, which defuses the application of Article 101(1) for agreements that bring a positive net contribution to consumer welfare, is also discussed.


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