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Hereby, Greece lost the possibility to extract €13.7bn of remaining funds from the EFSF (€1.0bn unused PSI and Bond Interest facilities, €10.9bn unused bank recapitalization funds and a €1.8bn frozen tranche of macroeconomic support), [65] [66] and also lost the remaining SDR 13.561bn of IMF funds [67] (being equal to €16.0bn as per ...
The ESMA regulation states in Article 1(5): "The objective of the Authority shall be to protect the public interest by contributing to the short-, medium- and long-term stability and effectiveness of the financial system, for the Union economy, its citizens and businesses."
Gaia-X is an initiative to develop a federated secure data infrastructure for Europe, whereby data are shared, with users retaining control over their data access and usage, and according to some to ensure European digital sovereignty. [1]
In internet governance, network sovereignty, also called digital sovereignty or cyber sovereignty, is the effort of a governing entity, such as a state, to create boundaries on a network and then exert a form of control, often in the form of law enforcement over such boundaries. [1] [2] [3] [4]
The European Territorial Cooperation Objective is financed by the European Regional Development Fund, whereas the remaining two objectives of the Cohesion Policy set for the 2007–2013 period are also financed by the European Social Fund (Regional Competitiveness and Employment Objective), and, in the case with the Convergence Objective, also ...
The Digital Europe Programme (DEP) is a fund of the European Union which supports the completion of the Digital Single Market by connecting Europe through 'digital bridges' (Digital Service Infrastructures) for the benefit of citizens, businesses and public administrations. It promotes the vision of public services being not only digital by ...
Furthermore, in an effort to ensure greater co-ordination and consistency in EU foreign policy, the Treaty of Lisbon created a High Representative of the Union for Foreign Affairs and Security Policy, de facto merging the post of High Representative for the Common Foreign and Security Policy and European Commissioner for External Relations and ...
These, together with the International Monetary Fund, would lend money to EU states in trouble, in the same way that the European Central Bank can lend money to European banks. However, the EFSF and EFSM were intended only as a temporary measure (to expire in 2013), in part due to the lack of a legal basis in the EU treaties.