On November 12, the Commission published the results of the 2021 edition of the Digital Economy and Society Index (DESI), which tracks the progress made by EU Member States in digital competitiveness in the areas of human capital, broadband connectivity, the integration of digital technologies by businesses and digital public services. Spain ranks ninth among […]
Read MoreEUROPEAN AGENDA : ECONOMY Nº4
European institutions and agencies are acting decisively to mitigate the socio-economic impact of the coronavirus crisis in the European Union. Below we highlight what the European institutions have been working on so far: Forthcoming meetings Institutions Meetings Date European Council 06.12.2021 Eurogroup European Council 18.11.21 General Affarirs Council [toc] Significant events in this agenda are […]
Read More¿What is the Economic and Financial Affairs Council (Ecofin)?
The Economic and Financial Affairs Council (ECOFIN) is responsible for EU policy in three main areas: economic policy, taxation issues and the regulation of financial services. How does Ecofin work? The Ecofin Council is made up of the economic and finance ministers from all member states. Relevant European Commissioners also participate in meetings. There are […]
Read MoreWhy does the EU want to regulate the platform economy?
The last two decades have been marked by the unprecedented development of the online world – the rise of new technologies, companies, new ways of working, shopping, booking accommodation or even ordering food and transport. The e-Commerce directive, the cornerstone of the digital single market, was adopted in 2000, when platforms like Amazon, Google and Booking.com […]
Read MoreAutumn 2021 Economic Forecast for Spain and the EU
The EU economy is rebounding from the pandemic recession faster than expected. As vaccination campaigns progressed and restrictions started to be lifted, growth resumed in spring and continued unabated through summer, underpinned by the re-opening of the economy. Despite mounting headwinds, the EU economy is projected to keep expanding over the forecast horizon, achieving a […]
Read MoreREACT-EU: Commission approves a further EUR 923 million for Spain’s recovery
The Commission has granted €923 million for Spain’s digital and green recovery and transition under REACT-EU, to be implemented through the European Regional Development Fund (ERDF) and European Social Fund (ESF) operational programs. Elisa Ferreira, Commissioner for Cohesion and Reforms, said: “Cohesion policy has been at the forefront of the fight against the economic, social […]
Read MoreSpanish GDP registered a variation of 2.0% in the third quarter of 2021
According to the advance published by the INE, the Gross Domestic Product (GDP) generated by the Spanish economy, measured in chained volume terms with reference to 2015, registered a quarter-on-quarter variation of 2.0% in the third quarter of 2021. This rate is nine tenths of a percentage point higher than that estimated for the second […]
Read MoreOne in five people in the EU at risk of poverty or social exclusion
In 2020, there were 96.5 million people in the EU at risk of poverty or social exclusion, representing 21.9% of the population. This information comes from data published by Eurostat today. The article presents a handful of findings from the more detailed Statistics Explained article on the living conditions in Europe – poverty and social exclusion, accompanied by an […]
Read MoreEconomic costs of heatwaves to increase five-fold by 2060
Scientists calculate that heatwaves, due to their impact on human productivity, are causing significant damage to Europe’s economy. New estimates show that the negative impact is set to increase sharply in the next decades. The number of days with extreme heat doubled in Europe between 1960 and 2017. Climate change projections estimate that heatwaves will […]
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