There are four distinct areas where harmonising national insolvency frameworks can improve the functioning of the single market and the stability of the Euro area. Early restructuring of businesses, bank resolution, cross-border insolvency and NPL management rely on common features of local inso...
Culture and creative sectors (CCS) are confronted with an ever-changing environment which challenges practices, business models and market balances. This study highlights the key trends that are likely to impact the future development of the CCS in their operational context in the European Union...
Entry is a key element of the transmission mechanism through which product market reforms ultimately affect productivity and growth. Therefore, reforms aiming at facilitating firms' entry can be considered as giving an extra bonus in the sense that they facilitate the materialization of the full...
As part of the response to the crisis, a significant number of market reforms were introduced to boost economic activity and competitiveness. The intense reform effort appears to be showing early signs of effectiveness in some of Europe’s most vulnerable countries. Insufficient reform efforts in...
Competition in professional services is, in some occasions, hindered by excessive regulation. This may constrain business dynamics (entry and exit of firms) and create inefficiencies and excessive rents. To improve market performance in those professional services generally regulated, several EU...
This briefing specifically highlights the benefits of a Financial Transaction Tax (FTT). In political and scientific spheres the FTT is discussed alongside other proposals such as the bank levy or the Financial Activity Tax. The FTT is viewed as the most suitable instrument to help to achieve tw...
