tailieunhanh - COMMUNICATION FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT, THE COUNCIL, THE EUROPEAN ECONOMIC AND SOCIAL COMMITTEE AND THE COMMITTEE OF THE REGIONS

This is why, in the State of the Union address, President Barroso called for new thinking for Europe – to draw the consequences of the challenges we are now facing and that are fundamentally changing our world. There can be no growth without reform and no way of confronting our challenges unless we do it together. The State of the Union speech launched ambitious ideas for the long term framing of the EU – a deep and genuine economic union, based on a political union. This vision must be translated into practice through concrete steps, if it is to address the lingering crisis that continues to. | EUROPEAN COMMISSION Strasbourg COM 2012 629 final Vol. 2 2 ANNEX to the COMMUNICATION FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT THE COUNCIL THE EUROPEAN ECONOMIC AND SOCIAL COMMITTEE AND THE COMMITTEE OF THE REGIONS Commission Work Programme 2013 EN EN Annex I - Forthcoming initiatives1 Forthcoming initiatives 2013 - 2014 indicates that the Commission commits to deliver this initiative in the course of 2013 N Title Type of initiative2 Description of scope of objectives Towards genuine economic and monetary union 1. Annual Growth Survey Non-legislative The Commission will present an Annual Growth Survey accompanied by a Communication which will be the main input for discussions at the Spring European Council. The survey will include both a review reporting on progress and a forwardlooking part proposing strategic policy guidance horizontally across Member States. Q4 2013 2. Addressing systemic risks related to shadow banking Legislative Following the Green Paper of March 2012 and the international work coordinated by the FSB the Commission will address the systemic problems related to shadow banking entities and practices . money market funds securitisation and activities such as securities lending and repurchase agreements performed by all types of financial entities. Q3 2013 3. Common framework for the production of indices and benchmarks in particular their governance and calculation Legislative The overall objective is to enhance the integrity of the production and use of benchmarks and indices which will enhance market confidence and efficiency and improve investor protection. 4. Review of the European System of Financial Supervision Legislative Nonlegislative The regulations establishing the EFSF the three European Supervisory Authorities and the Systemic Risk Board require that the Commission carried out an in-depth review in 2013 in view of making proposals for changes. 5. Providing long-term finance through actions to ensure the .

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