Task Forces

  • In the coming years, asset allocation will be impacted by the changing macroeconomic environment, evolving investor demographics, technology and regulation. CEPS and ECMI are inviting policymakers, industry representatives and academics to take part in a special Task Force. The purpose is to contribute to the public debate about the need to facilitate European households’ access to savings products with stable returns over time, and to promote long-term investment across the EU through more capital markets-based financial intermediation.

  • The objective to reach 27% renewables by 2030, which was decided by the European Council in October 2014, would translate into a share of at least 45% of renewable electricity by 2030  compared to a share of 27% in 2014 . According to the EU’s “Energy Roadmap 2050” , by 2050 renewable energy would contribute 64-96% to the electricity mix. Most renewable electricity can be expected to come from intermittent sources (wind and solar power).

  • Planned task forces

    The Better Regulation Agenda has made considerable inroads into the EU policy process since 2002, especially in the European Commission. Over the past 15 years, the European Commission has committed to higher standards of stakeholder consultation; the ex ante impact assessment of major policy initiatives; the monitoring and ex post evaluation of existing policies; and the analysis of entire policy areas (in REFIT and Cumulative Cost Assessment exercises).

  • The Energy Climate House team of CEPS is about to launch a new Task Force on "The Role of Business in the Circular Economy", with a first meeting being held on 24 November 2016. The focus of this Task Force is on the role of EU policy and regulation to guide businesses and industry. Special attention will be given to the barriers and enablers companies encounter in their attempts to introduce circularity into their business operations as well as the measures needed to help businesses adapt to the changing environment and take advantage of new market opportunities.

  • In recent years, digitalisation of the economy has accelerated at a steady pace, and retail financial services for households are no exception to this phenomenon. This Task Force defines “retail financial services” as all household financial services, except those involving an investment component.

  • Innovation and entrepreneurship are key pillars of economic growth and well-being. They may also serve as a crucial driver of Europe’s future economic (and possibly political) recovery. Everywhere around the world, innovation and entrepreneurship are evoked as major avenues for achieving economic growth and competitiveness, while recent debates also aim at reconciling sustainability and governance. This should come as no surprise: economic theory is unanimous in concluding that both innovation and entrepreneurship are key contributors to long-term well-being.

  • Among the many responses to the financial crisis, the most novel has been the insistence on creating resolution frameworks for the financial sector. Banks must now have detailed resolution plans readily available, and authorities are invested with the fullest powers to apply early intervention policies in the event that minimum capital requirements are not met, with the possibility to wipe out shareholders and bail-in debtors. For banking union (BU), this took the form of a new EU authority with the Single Resolution Mechanism (SRM).

  • Completed task forces

    Not at any time in the history of the European Community have labour markets diverged to the extent they do today. Labour shortages are reported in Germany – the EU's largest labour market – and Austria, where firms struggle to live up to their full potential. At the same time, unemployment is an enormous social problem in some southern European countries – with millions of unemployed individuals at all levels of skills and qualifications.

  • The ECRI Task Force (TF) aims to help pave the way in setting the 2014-19 European Commission’s agenda for retail financial services, in particular consumer credit. The objective is for TF to represent all stakeholders, including policy-makers, experts, industry and consumer representatives.

  • Completed task forces

    The last five years have witnessed a huge redesign in the regulation of financial markets in Europe, culminating in the transfer of supervision of the largest banks in the eurozone to the European Central Bank (ECB). The regulatory agenda was largely set at the international level in the context of the G-20, while the supervisory change was a specifically European response to shortcomings at the national level. This raises the question: What next?