Europe must act now to bridge regional divides and halt political extremism
Political discontent is rising in Europe and the EU is facing a complex challenge – improving competitiveness while simultaneously preventing the growth of regional inequalities. Unleashing competitiveness means taking concrete actions to give Europe the lead in complex technologies such as AI, to unleash innovation and entrepreneurship but also to correct a false narrative that […]
Making instant and inclusive payments a reality in the EU
On 19 March 2024, the Regulation on Instant Payments was published in the Official Journal of the European Union. The generalisation of instant euro payments in the EU will lead to very relevant benefits in terms of liquidity management, market competition and convenience for users. Furthermore, it could possibly lead to an increase in public […]
Analysis of developments in EU capital flows in the global context (2023)
With the start of the war in Ukraine, geo-economics and the risks of economic fragmentation are at the centre of the debate. A fast-evolving scenario has unveiled the extent of global interdependence and intricate interconnections through trade linkages, value-chain exposure and cross-border investment. Risks associated with supply-chain disruptions and the weaponisation of trade dependencies could […]
Enforcement measures combating late payments in commercial transactions
Enforcement measures are an important tool to combat late payments. By imposing financial or reputational penalties for non-compliance with agreed-upon payment terms, they help deter bad payment behaviour and promote a culture of financial responsibility and fairness. Additionally, they serve to compensate creditors for damage caused by late payments. The Late Payments Directive allows creditors […]
Implementing the National Recovery and Resilience Plans
As (almost all) national recovery and resilience plans have been approved by the European Commission, and EU funds are being distributed, attention is now moving to the actual implementation of the plans. While funds are being distributed to the Member States at central level, typically to the ministry of finance, the implementation of the plans […]
The New Industrial Strategy for Europe
Faced with the prospect of a long-lasting and traumatic Covid-19 pandemic, we at CEPS decided to step up our efforts to support the work of EU institutions in the development of an industrial strategy fit for a brighter future. We started to advertise an ambitious work programme in early summer 2020, and officially launched the Task […]