The Rome Declaration of 25 March 2017, issued by the Heads of State or Government of the EU-27 on the occasion of the 60th anniversary of the Treaties of Rome, marked the end of a process that started after the UK referendum on EU membership on 23 June 2016. The aim of this In-depth Analysis is...

The idea to create a 'fiscal capacity' for the euro area was launched in the wake of the sovereign debt crisis, with the recognition that weaknesses in the Economic and Monetary Union (EMU) had worsened the crisis. Although the debate has lost some momentum as euro-area countries have stepped...

The idea to create a 'fiscal capacity' for the euro area was launched in the wake of the sovereign debt crisis, with the recognition that weaknesses in the Economic and Monetary Union (EMU) had worsened the crisis. Although the debate has lost some momentum as euro-area countries have stepped...

The European Council Oversight Unit within the European Parliamentary Research Service (EPRS) has undertaken a detailed analysis, which seeks to assess how far participating EU Member States met their commitments within the framework of the Treaty on Stability, Coordination and Governance in the...

Offering an overview of the budgetary situation in the European Union, this study continues an annual series of 'Outlooks' produced by the European Parliamentary Research Service (EPRS) over the past seven years. In seven chapters, the authors of the publication explain and analyse the EU budget...

This study seeks to assess the resilience of the banking union framework created in recent year and, in particular, the potential costs that would be induced by different banking shocks, under various scenarios regarding the implementation of the Banking Union's resolution pillar. Based on a...

The European Parliament has called for a "social dimension" to the Economic and Monetary Union to tackle unemployment and restore growth following the recent economic crisis. Among various alternative options, automatic stabilisers could potentially be a means of stabilising the Eurozone, while...

The European Parliament has called for a "social dimension" to the Economic and Monetary Union to tackle unemployment and restore growth following the recent economic crisis. Among various alternative options, automatic stabilisers could potentially be a means of stabilising the Eurozone, while...