ince its inception in 1951, the European Parliament has come a long way. Initially a consultative body composed of delegations of national parliaments, it became a directly elected institution, obtained budgetary and legislative powers, and now exercises influence over most aspects of EU affairs. Together with representatives of national governments,
Tag: EP
Measures on Money Market Funds
oney Market Funds (MMFs) are a type of collective fund that invest in short-term debt and provide financing for financial institutions, corporations and governments. During the financial crisis their liquidity and stability were challenged which prompted discussion on how to make them more shock-resistant. In 2013 the Commission proposed a regulation
Barriers to SMEs growth in the EU
mall and medium-sized enterprises (SMEs), which represent 99% of all businesses in the EU, play a pivotal role in its economy. Nevertheless, in comparison to larger firms, they often face significant obstacles – internal, administrative and financial – which affect them disproportionately. SMEs have been affected negatively by the economic crisis,
COSME: Competitiveness of Enterprises and SMEs
OSME is the EU programme for the Competitiveness of Small and Medium-sized Enterprises (SMEs). Allocated a financial envelope of EUR 2.3 billion for the 2014-2020 period, it is designed to improve SMEs’ access to finance and markets. It should also support entrepreneurship and provide more favorable conditions for business creation
EuroParl: 2015 Report on Montenegro
n 2015 Resolution on Montenegro, MEPs assess reform efforts. "Montenegro continues to be the good news story of the Western Balkans and I am pleased that our resolution reflects that", said rapporteur Charles Tannock (ECR, UK), adding that "2016 is a very important year for Montenegro. In the year of
European Parliament welcomes Montenegro’s progress in EU integration
ontenegro’s State Secretary for European Integration and Chief Negotiator Aleksandar Andrija Pejovic met earlier today in Brussels with the members of the Working Group for the Western Balkans in the European Parliament, headed by Eduard Kukan. The meeting, on behalf of the EP Working Group for the Western Balkans was
EP: Corporate tax makeover
arliament sets out its ideas on how to make corporate taxes fairer across Europe in a non-legislative resolution. MEPs urge EU member states to agree on mandatory country-by-country reporting by multinationals of profits and taxes, a common consolidated corporate tax base, common definitions for tax terms and more transparency and
EuroParl: Corporate taxation system reached its limits?
EP: Different roles taken on by MEPs
eing an Member of the European Parliament (MEP) involves more than just debating and voting on legislative proposals. They can be tasked with drawing up a report to represent the Parliament's position on a legislative proposal or any other matter. They can also act as group coordinators in a committee,
European Parliament’s digital glossary
European Parliament digital terminology, used during sessions: Big data Large volumes of data that can, for instance, include purchase transaction records or GPS signals. The Commission believes there are a number of important issues to be resolved when it comes to big data, such as determining ownership and protecting people's personal data. Cloud
How EU legislation gets created?
he media often report on how Brussels has decided on a new piece of legislation, but this is a simple version of what is a very complicated process. Parliament became a central part of the EU decision-making process when the co-decision procedure was introduced in 1992. Under the co-decision procedure, a
EU Tax vocabulary
Paying taxes can be complicated, but so can the vocabulary that goes with it. Tax avoidance is legal, but tax evasion isn't and just what exactly is base erosion? In the following lines is enclosed glossary of the terms used by the tax rulings committee: Base erosion and profit shifting Tax planning