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 […]
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Autumn 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 […]
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REACT-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 […]
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Spanish 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 […]
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One 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 […]
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Economic 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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Spain to receive €272 million to tackle the negative effects of Brexit
The Council gave its final approval to a fund designed to help member states tackle the negative impact of Brexit. The fund of five billion euros (in 2018 prices) will support the hardest hit regions, sectors and communities to cover extra costs, compensate losses or counter other adverse economic and social effects resulting directly from […]
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State aid: Commission to further facilitate implementation of aid measures promoting the green and digital transition
The European Commission is inviting Member States and all other interested parties to comment on certain proposed amendments to the General Block Exemption Regulation (GBER). The purpose of the proposed revision is to reflect the changes to various sets of State aid Guidelines, which are currently being reviewed and to further facilitate public support for the EU’s green and […]
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DesignEuropa Award Finalists and winner of the Career Achievement Award
The finalists for the DesignEuropa Awards in the “Industry” and “Small and Emerging Companies” categories have been revealed, as well as the winner of the Career Achievement Award. The finalists come from seven countries: Germany, Spain, the United States, Italy, the Netherlands, Poland and Sweden. They range from major brands such as Philips, John Deere, […]
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