At the start of a new leadership of the European Commission and the European Central Bank: where is the place of Central and Eastern Europe?

2020 ◽  
pp. 173-184
Author(s):  
Martin Selmayr
2019 ◽  
Vol 12 (24) ◽  
pp. 40-53
Author(s):  
Pedro Miguel Alves Ribeiro Correia ◽  
◽  
Susana Antas Videira ◽  
Ireneu de Oliveira Mendes ◽  
◽  
...  

This article is the continuation of a series of studies on the impact of the measures implemented by the Portuguese Ministry of Justice. This research addresses the results obtained in the civil enforcement actions arising from objectives included in the Memorandum of Understanding (MoU) signed between Portugal and the so-called Troika (International Monetary Fund / European Commission / European Central Bank). The empirical study was extended to cover the quantitative analysis of the results achieved not only during the Troika period but also during the post-Troika period. The results show and confirm a continued positive effect on the level of civil enforcement actions in the period analyzed.


The reforms of retail payment systems were also sought in response to the introduction of the euro. However, the retail payment systems in the EU are still fragmented, which means that each country has its own retail payment system. In order to overcome such a situation, the European Central Bank (ECB) and European Commission have promoted the project of “Single Euro Payments Area” (SEPA). The aim and situation of the SEPA project is described in detail. The cross-border retail payment systems, i.e. the “STEP1” and “STEP2,” are also discussed in this chapter.


2019 ◽  
Vol 7 (2) ◽  
pp. 25
Author(s):  
M. Belén Guercio ◽  
Lisana B. Martinez ◽  
Aurelio F. Bariviera

In this paper, we analyze the main characteristics of European Small and Medium Enterprises (SMEs), related to the demand for and access to external financial resources. We use microdata from an extensive database, elaborated by the European Central Bank and the European Commission: the Survey on the Access to Finance of Enterprises. Firstly, we consider a set of variables as determinants to the decision to apply for different financial instruments. Secondly, we use the same set of variables to analyze the actual access to these instruments. For each regression, several SMEs profiles were created, in order to detect SMEs archetypes according to their decisions. The results are thought-provoking, and highlight that differences in firms characteristics (size, innovative activities, etc.), influence not only the access to, but also the demand for external finance.


Author(s):  
Fred Powell

This chapter examines the impact of the 2008 crash on the Irish welfare state. The 2008 crash seriously damaged Ireland's reputation. Once bracketed with Taiwan and South Korea in terms of the strength of its economy, it now found itself compared to the sick men of Europe — Portugal, Italy and Greece. A bailout was provided by the ‘troika’ of the European Commission/ International Monetary Fund/European Central Bank with penal financial conditions, which came to be popularly known as ‘austerity’. The failure of the Irish welfare state to protect children indicates social priorities that seriously deviate from the norms of international children's rights. Austerity turned these welfare deficits into a full-blown social crisis.


2005 ◽  
Vol 35 (139) ◽  
pp. 287-300 ◽  
Author(s):  
Étienne Balibar

The problem of a European Constitution is discussed at a fundamental level. In which way, can we speak about such a Constitution? Thearticle argues against the “postnational souveranism”, legitimating state against citizens. A new kind of citizenship is favoured based on extended social rights. The constitution now proposed contrarily makes the European Central Bank and its neoliberal policy to central and nearly unchangeable institution.


Sign in / Sign up

Export Citation Format

Share Document