Task Forces

  • 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?

  • The European Capital Markets Institute (ECMI) and the Centre for European Policy Studies (CEPS) are inviting market participants, policy-makers and academics to engage in debate on the future of Europe’s capital markets by joining a Task Force that will work with the European Capital Markets Expert Group (ECMEG).

    ECMEG will not conduct a conventional review of current legislative dossiers, but rather, will look at the evolution of financial markets in Europe and around the world to suggest how Europe can improve its competitive position.

  • For many years the EU has been making gradual process towards the completion of an internal market for electricity and gas and the European Council had set a date to complete it by 2014.  More recently, the EU’s climate and energy objectives for example in the context of the 2030 Climate and Energy Framework has raised issues on whether the current ‘market design’ of EU’s electricity markets is adequate to ensure low-carbon development in a cost-effective way or whether it should be adjusted.  

  • Climate change has become a very important domain for EU policy. This refers not only to showing EU leadership in combating climate change, but also at a more general level, as a centrepiece of the “Europe 2020” economic growth strategy. This strategy has identified “sustainable growth” to promote a more resource-efficient, greener and more competitive economy, as one of its five pillars. Climate change was also identified as an issue that has strengthened the EU’s standing in the world, in the context of the broad EU image and priorities.

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