EU Flash: European Commission unveils its 2018 Work Programme

10/11/2017

On October 24th, the European Commission adopted its Work Programme which sets out its key initiatives for 2018. The programme contains 66 priority pending proposals requiring swift adoption by the Parliament and Council, as well as 26 new proposals setting out initiatives to complete the work on Juncker’s 10 priorities and more long-term initiatives with a view to shaping the EU’s future for 2025 and beyond.

Below you will find a summary of the work programme.

Priority pending proposals

The Commission Work Programme identifies 66 priority pending proposals presented in the past two years where delivering agreement should be a priority next year. These proposals aim for a deeper and fairer economic and monetary union, a boost for jobs, growth and investment and a deeper and fairer internal market.

The initiatives include EU data protection rules, the free flow of non-personal data, an EU cybersecurity agency, the insolvency directive, capital requirements regulation reform and the European deposit insurance scheme, among others.

Completing the work on the 10 priorities of the Juncker Commission

Targeted legislative actions to complete the EU’s work in priority policy areas will be tabled by May 2018 to allow the European Parliament and Council to complete the legislative work before the European elections of June 2019.

The programme aims to complete the digital single market, ensure fair taxation in the digital economy, complete the Bank Union and Capital Markets Union, as well as the Economic and Monetary Union and Security Union.

Beyond 2025

Ambitious actions and initiatives are set out that have a more forward-looking perspective, as the new Union of 27 shapes its own future for 2025 and beyond. A more united Union will require a credible enlargement perspective for new EU candidates. For a stronger Union, the Commission proposes a multi-annual financial framework and more efficient Single Market law-making. A permanent and accountable European Minister of Economy and Finance should ensure a more democratic Union.

Effective and efficient EU law

The Commission also suggests withdrawing 15 pending proposals which are obsolete or where agreement is not possible, following REFIT review of current EU laws. REFIT is the European Commission’s Regulatory Fitness and Performance programme for reviewing the existing EU legislation to keep EU law lean and healthy, remove unnecessary burdens and adapt existing legislation without compromising on policy objectives.

The Commission will repeal three existing pieces of legislation, including the bank structural reform proposal. A targeted revision of the EU consumer directives is also in the works. Effective application and enforcement of EU law by Member States will be a priority.

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