European Commission, (2016), “State-Owned Enterprises in the EU: Lessons Learnt and Ways Forward in a Post-Crisis Context”, European Commission, Institutional Paper 031, July
Recent experience has shown that State-Owned Enterprises (SOEs) can be an important source of concerns in at least three areas: market functioning, public finances and financial stability. Given their economic role, it is important to develop a comprehensive EU-wide overview on SOEs in order to consistently explore the multiple links between SOE performance, government budgets, financial stability and market functioning reforms. The objective of this part is to identify challenges and further inform the policy implications of reforming SOEs Chapter 1 is dedicated to a brief overview on the relevance of SOEs in the European economy and a description of the evolution of SOEs performance in the energy and railway sectors and in the new Member States. Chapter 2 discusses the fiscal implications of SOEs and chapter 3 gives an overview of various types of SOEs reforms. Chapter 4 concludes.
Relevant Posts
- European Commission, (2016), “The Economic Outlook after the UK Referendum: A First Assessment for the Euro Area and the EU”, European Commisssion, Institutional Paper 032, July
- European Central Bank, (2016), “Survey on the Access to Finance of Enterprises in the euro area”, ECB, June