Remaining problems with corruption in Bulgaria and Romania have prompted the EU to introduce the Cooperation and Verification Mechanism (CVM). This mechanism is to extend EU leverage into the post-accession period with the aim of triggering necessary reforms.
The EU has only in recent years adopted legislation in the field of nuclear safety. This legislation is not very far-reaching, and it largely replicates international conventions in the field.
The EU has been and remains committed to concluding a comprehensive climate agreement under the United Nations Framework Convention on Climate Change (UNFCCC). In this paper, outcomes of the latest round of negotiations, based on the UNFCCC and held at the Durban Climate Conference (2011), are assessed from the perspective of the Vienna Convention on the Law of Treaties, focusing on some critical questions.
In March 2012, the European Commission presented two legislative proposals in the field of posting of workers, which constitute a response to the intense debate following the CJEU’s rulings in the Laval quartet. The first proposal, the Monti II-Regulation, attempts to clarify the relationship between the right to take collective action and the economic freedoms, while the second one, the Enforcement Directive, aims at improving the enforcement of the Posting of Workers Directive, through equally ensuring workers’ rights and enhancing cross-border services by reducing employers’ administrative burdens.
The United Kingdom is one of the European Union’s more reluctant members. A domestic debate has indeed started on EU competences, and a possible referendum on membership.
The lessons learned from the banking panics preceding World War II had been all but forgotten when the financial crisis erupted five years ago. This European Policy Analysis advocates two reforms to reduce the likelihood of another financial calamity.
The financial crisis has shattered the confidence of economic agents in the banking system. In order to prevent future crises, the reasons for banks’ excessive risk taking have to be understood.
After several years of increase, we now witness a significant drop in Swedish public support for the EU. In the 2011 survey from the SOM Institute, only 46 percent declare themselves in favour of Sweden's EU membership.
In light of volatile and highly uneven distribution of asylum applications across the European Union, the European Commission issued a communication in December 2011 “on enhanced intra-EU solidarity in the field of asylum” that seeks to create “an EU agenda for better responsibility sharing and more mutual trust” between Member States. In this European Policy Analysis the authors argue that even though many of the recommendations made by the Commission should be encouraged, they fail to address the structural, institutional features of the system ‒ namely the distribution key for financial responsibility sharing and the responsibility allocation principle underlying physical responsibility sharing ‒ which are perpetuating existing inequalities.
Despite the fierce opposition against introducing so-called Eurobonds, the proposal as such has resurfaced in light of demands from G20 and the International Monetary Fund (IMF) that the euro area member states further increase the lending volume of their rescue funds. Given the lack of political response, the European Central Bank (ECB) has come to the rescue by buying government bonds and stimulated the financial markets with low-interest loans in order to reduce the systemic risk.