Etichetă: EU

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Implementation of recognition of professional qualifications

Professionals in the EU Single Market can move across borders and practice their occupation or provide services in another Member States. The EU has put rules in place to make it easier for professionals, such as doctors or architects, to have their professional qualifications recognised in another Member State. The Professional Qualifications Directive (Directive 2013/55/EU) was modernised in 2013 and had to be transposed into national law by 18 January 2016 according to the press release of European Commission.

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New measures to address non-performing loans

On 18th of December, the European Parliament and the Council agreed a new framework for dealing with banks’ bad loans. They reached a provisional political agreement on capital requirements applying to banks with non-performing loans (NPLs) on their balance sheets. The deal will now be submitted for endorsement by EU ambassadors according to the Council’s press release.

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New rules for doing business online

The EU is introducing new rules which will offer business users in the EU a more transparent, fair and predictable online platform environment, together with an effective system for seeking redress. The proposed regulation is the first EU legislative act that addresses relations between online platforms and the businesses using them according to the Council’s press release dated 29th of November 2018.

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2018 Consumer Markets Scoreboard

On 12th of October the European Commission published the 2018 Consumer Markets Scoreboard that monitors how EU consumers rate the performance of 40 goods and services sectors. The Consumer Scoreboards provide an overview of how the Single Market works for EU consumers. Published since 2008, they aim to ensure better monitoring of consumer outcomes and provide evidence to inform policy.

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Country-specific recommendations

In March, the European Council endorsed proposed policy priorities and guidance for the 2018 European Semester made by the Commission. These priorities were defined as boosting investment, pursuing structural reforms, and ensuring responsible fiscal policies. Following this step, each member state presented their national reform programmes for economic policies and stability programmes for their fiscal policies in April. On 22nd of June 2018, the European Council approved recommendations and opinions on the member states’ economic and fiscal policies for 2018.

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