Consider this: on the day the UK announced it had given the coronavirus jab to 1.5m of its citizens, there were some EU member states yet to vaccinate a single one of their citizens. These included The Netherlands, which has always prided itself on its healthcare system but neighbouring Belgium also pretty much matched the…
The Single Resolution Mechanism (SRM) is the EU system for the orderly winding-up of failing banks within the Banking Union, to avoid costly bail-outs. Since its establishment in 2015, the SRM has progressed in preparing for bank resolution, according to a new European Court of Auditors (ECA) report. However, the auditors find that further steps are needed in certain crucial…
Despite a spectacular economic reaction to the pandemic crisis, the authors of the 2020 edition of the European “Bilan social’’, express concerns about the so-called ‘social affairs players’ being sidelined in the new Recovery and Resilience Facility, the “fuzzy” EU commitment to gender issues, the EU response to rising in-work poverty and the setting a new…
Socialists and Democrats in the European Parliament are leading the drive to reject the Markets in Financial Instruments Directive (MiFID) Quick Fix.On Thursday they voted against it in the European Parliament’s economic and monetary affairs committee. The European Commission’s declared objective was to amend the MiFID regime to alleviate the impact of the Covid-19 crisis…
Despite all the benefits of teleworking, it is now important not to slide into a culture of “round-the-clock” availability of employees That was one of the messages to emerge from the European Economic and Social Committee (EESC) when it held a remote hearing on the challenges of teleworking. Bringing together EESC and European Parliament (EP) members, as…
