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European Pillar Of Social Rights
The European Pillar of Social Rights (EPSR) is a set of documents containing 20 key principles and rights intended to build a fairer Europe in the fields of labour markets and welfare systems. Initiated by the European Commission and solemnly proclaimed by the European Parliament, the European Commission and the Council in November 2017 in Gothenburg, the EPSR is built around three main sections: equal opportunities and access to the labour market, fair working conditions, and social protection and inclusion. The EPSR is not a binding document but a tool reaffirming and completing pre-existing rights contained in the Treaties. Whereas the Pillar was firstly designed for the members of the Eurozone, it is at the end, addressing the 27 Member States of the EU. History For as long as the EU has existed, the emphasis has been set on economic considerations. As the treaties were signed, European integration continued to increase, but mostly in the fields of economic and market-dr ...
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European Union
The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been described as a ''sui generis'' political entity (without precedent or comparison) combining the characteristics of both a federation and a confederation. Containing 5.8per cent of the world population in 2020, the EU generated a nominal gross domestic product (GDP) of around trillion in 2021, constituting approximately 18per cent of global nominal GDP. Additionally, all EU states but Bulgaria have a very high Human Development Index according to the United Nations Development Programme. Its cornerstone, the Customs Union, paved the way to establishing an internal single market based on standardised legal framework and legislation that applies in all member states in those matters, and only those matters, where the states have agreed to ac ...
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Open Method Of Coordination
The open method of coordination (OMC) is a relatively new intergovernmental means of governance in the European Union, based on the voluntary cooperation of its member states. The open method rests on soft law mechanisms such as guidelines and indicators, benchmarking and sharing of best practice. This means that there are no official sanctions for laggards. Rather, the method's effectiveness relies on a form of peer pressure and naming and shaming, as no member state wants to be seen as the worst in a given policy area. The OMC works in stages. Firstly, the Council of Ministers agrees on (often very broad) policy goals. Secondly, Member states then transpose guidelines into national and regional policies. Thirdly, specific benchmarks and indicators to measure best practice are agreed upon. Finally, results are monitored and evaluated. However, the OMC differs significantly across the various policy areas to which it has been applied: there may be shorter or longer reporting perio ...
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Court Of Justice Of The European Union
The Court of Justice of the European Union (CJEU) (french: Cour de justice de l'Union européenne or "''CJUE''"; Latin: Curia) is the judicial branch of the European Union (EU). Seated in the Kirchberg quarter of Luxembourg City, Luxembourg, this EU institution consists of two separate courts: the Court of Justice and the General Court. From 2005 to 2016 it also contained the Civil Service Tribunal. It has a '' sui generis'' court system, meaning ’of its own kind’, and is a supranational institution. The CJEU is the chief judicial authority of the European Union and oversees the uniform application and interpretation of European Union law, in co-operation with the national judiciary of the member states. The CJEU also resolves legal disputes between national governments and EU institutions, and may take action against EU institutions on behalf of individuals, companies or organisations whose rights have been infringed. Composition The CJEU consists of two major cour ...
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Viking And Laval
Vikings ; non, víkingr is the modern name given to seafaring people originally from Scandinavia (present-day Denmark, Norway and Sweden), who from the late 8th to the late 11th centuries raided, pirated, traded and settled throughout parts of Europe.Roesdahl, pp. 9–22. They also voyaged as far as the Mediterranean, North Africa, Volga Bulgaria, the Middle East, and North America. In some of the countries they raided and settled in, this period is popularly known as the Viking Age, and the term "Viking" also commonly includes the inhabitants of the Scandinavian homelands as a collective whole. The Vikings had a profound impact on the early medieval history of Scandinavia, the British Isles, France, Estonia, and Kievan Rus'. Expert sailors and navigators aboard their characteristic longships, Vikings established Norse settlements and governments in the British Isles, the Faroe Islands, Iceland, Greenland, Normandy, and the Baltic coast, as well as a ...
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Principle Of Subsidiarity
Subsidiarity is a principle of social organization that holds that social and political issues should be dealt with at the most immediate or local level that is consistent with their resolution. The ''Oxford English Dictionary'' defines subsidiarity as "the principle that a central authority should have a subsidiary function, performing only those tasks which cannot be performed at a more local level". The concept is applicable in the fields of government, political science, neuropsychology, cybernetics, management and in military command (mission command). The OED adds that the term "subsidiarity" in English follows the early German usage of ''"Subsidiarität"''. More distantly, it is derived from the Latin verb ''subsidio'' (to aid or help), and the related noun ''subsidium'' (aid or assistance). The development of the concept of subsidiarity has roots in the natural law philosophy of Thomas Aquinas and was mediated by the social scientific theories of Luigi Taparelli, SJ, i ...
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Self-employment
Self-employment is the state of working for oneself rather than an employer. Tax authorities will generally view a person as self-employed if the person chooses to be recognised as such or if the person is generating income for which a tax return needs to be filed. In the real world, the critical issue for the tax authorities is not whether a person is engaged in a business activity (called "trading" even when referring to the provision of a service) but whether the activity is profitable and therefore potentially taxable. In other words, the activity of trading is likely to be ignored if no profit is present, so occasional and hobby- or enthusiast-based economic activity is generally ignored by the tax authorities. Self-employed people are usually classified as a sole proprietor (or sole trader), independent contractor, or as a member of a partnership. Self-employed people generally find their own work rather than being provided with work by an employer and instead earn income fro ...
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European Labour Authority
The European Labour Authority (ELA) is an agency of the European Union tasked with coordinating and supporting the enforcement of EU law on labour mobility. Its activities started on 17 October 2019 and the agency is expected to reach a yearly budget of €50 million and 140 staff by 2024. Bratislava, Slovakia is the agency's host city. Function The agency does not exert any regulatory authority directly, but rather works to coordinate the enforcement efforts of other national European agencies for instance cooperation between inspection officers from different member states. Among the agency's tasks are resolution of disputes arising under its authority, coordination of labour inspections, and information sharing among member states. History The agency was first suggested by Jean-Claude Junker, President of the European Commission, during his 2017 State of the European Union address. On 13 February 2018, the European Commission presented its first draft of the regulatio ...
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Jean-Claude Juncker
Jean-Claude Juncker (; born 9 December 1954) is a Luxembourgish politician who served as the 21st Prime Minister of Luxembourg from 1995 to 2013 and 12th President of the European Commission from 2014 to 2019. He also served as Finance Minister from 1989 to 2009 and President of the Eurogroup from 2005 to 2013. By the time Juncker left office as Prime Minister in 2013, he was the longest-serving head of any national government in the EU and one of the longest-serving democratically elected leaders in the world, with his tenure encompassing the height of the European financial and sovereign debt crisis. In 2005, he became the first permanent President of the Eurogroup. In 2014, the European People's Party (EPP) had Juncker as its lead candidate, or ''Spitzenkandidat'', for the presidency of the Commission in the 2014 elections. This marked the first time that the ''Spitzenkandidat'' process was employed. Juncker is the first president to have campaigned as a candidate for the po ...
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Financial Crisis Of 2007–2008
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability a ...
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Primacy Of European Union Law
The primacy of European Union law (sometimes referred to as supremacy or precedence of European law) is a legal principle establishing precedence of European Union law over conflicting national laws of EU member states. The principle was derived from an interpretation of the European Court of Justice, which ruled that European law has priority over any contravening national law, including the constitution of a member state itself. For the European Court of Justice, national courts and public officials must disapply a national norm that they consider not to be compliant with the EU law. The majority of national courts have generally recognized and accepted this principle, except for the part where European law outranks a member state's constitution. As a result, national constitutional courts have also reserved the right to review the conformity of EU law with national constitutional law. Some countries provide that if national and EU law contradict, courts and public official ...
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Soft Law
The term ''soft law'' refers to quasi-legal instruments (like recommendations or guidelines) which do not have any legally binding force, or whose binding force is somewhat weaker than the binding force of traditional law. Soft law is often contrasted with hard law. The term ''soft law'' initially emerged in the context of international law, although more recently it has been transferred to other branches of domestic law as well. International law Definition The definition or form of soft law depends on the legal context. In essence, a domestic soft law will look and act differently than an EU or international soft law. In the context of international law, the term 'soft law'' covers such elements as: * Most Resolutions and Declarations of the UN General Assembly * Elements such as statements, principles, code of practice etc.; often found as part of framework treaties; * Action plans (for example, Agenda 21, Financial Action Task Force Recommendations); * Other non-tre ...
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