Publications Archive

The Commission wants to restrict the level of interchange fees for card payments and eliminate anti-competitive business rules and practices.

With the proposal for a Directive on a 2nd Payment Services Directive, the Commission wants to promote the European payments market and encourage transparency, security and innovation in relation to payments.

According to the Commission, a solid vocational education is key to a smooth entry into the labour market. In addititon, the expected shortage of skilled professionals can be best tackled through a consistent vocational training based on a solid vocational education. Moreover, the cross-border mobility of employees can be improved if the comparability of national educational qualifications is ensured and if skills acquired abroad are equally recognised at home. In its Communication, the Commission clearly stresses the necessity to give “a new impetus” to the Copenhagen process which forms the basis of modernising the system of vocational education in Member States in order to establish future-oriented and sustainable vocational education and training systems.

The Commission calls for a Quality Framework for Traineeships (QFT) to improve the working conditions and quality of the content of traineeships as well as to increase the cross-border mobility of trainees.

The Commission submits a Green Paper in order to discuss the future role and scope of an audit in the “general context of financial market regulatory reform”. Governance rules and an improved supervision are to contribute to more competition and increased stability in the financial system.

According to the Commission, the EU must urgently invest in outdated and poorly interconnected energy infrastructure in order to meet their energy policy and climate objectives by 2020. To this end, national approval procedures for projects of European interest are to be streamlined and better coordinated. The Commission announces to submit guidelines or a legislative proposal on cost allocation to address major or cross-border projects through tariff or investment rules in 2011. 

According to the Commission, “major societal challenges” (e.g. climate change, energy scarcity and demographic change) can only be overcome through research and innovation. To this end, the Commission intends to improve the framework conditions for research and innovation and to coordinate innovations effectively. In addition to the establishment of a “European Research Area”, it propagates (pre-commercial) public procurement to promote innovations. In order to tackle “grand challenges”, “European Innovation Partnerships” are to be initiated.

Forgoing “major spending programmes“ and focussing on the establishment of efficient framework conditions is reasonable from an ordoliberal standpoint. However, they should apply equally to all companies. Therefore, the Commission should forgo sector-specific measures; they bear the potential for competitive distortion.

During the “energy summit” on 4 February 2011, the European Council will discuss the Commission’s “Energy Strategy 2020“ and its „concept for an integrated European energy network”. According to the Commission’s estimate approximately 1 trillion Euros must be invested in the EU energy system by 2020 in order to achieve the EU targets for renewable energies and energy efficiency and to develop the necessary energy infrastructure.

The Commission wishes to revive the single market with the Single Market Act, incorporating it into the economic strategy “Europe 2020” for sustainable growth and increased employment. The Commission has made 50 proposals, both legislative and non-legislative, which are to be adopted by 2012. The idea is that by “completing, deepening and making full use of the single market” an annual potential growth of 4% of the GDP over the next ten years can be achieved.