The European Economic and Social Committee supports the digital financial package proposed by the European Commission. While digitalisation brings major opportunities, it also presents risks for the EU financial sector that cannot be overlooked and require swift action. “Digital finance urgently needs to be regulated and the European Commission is on the right track to […]
Read MoreCEA Online Activity: Next Generation EU Funds – Getting Ready for this Great Opportunity
The European Union has launched the European Recovery Plan (NEXT GENERATION EU) as an extraordinary instrument for the recovery of the European Union from the serious effects generated by the COVID-19 pandemic; a mechanism in which Spain has pre-allocated around 140,000 million Euros to be executed in the coming years. Of these funds, more than […]
Read MoreWill the Spanish economy be boosted after Covid-19?
The pandemic has affected not only people’s health, but the economy has also suffered a huge decline in most countries. It is believed that the European Union is in charge of carrying out this mission within Europe, citizens agree that practical solutions must be put forward to combat this crisis. In a survey conducted by […]
Read MoreSustainability: What are the alternatives to economic growth
How can societies and people prosper and grow without harming the environment and climate? Is it possible to implement the European Green Deal through social innovations that have little or no environmental impact? To broaden the sustainability debate, a European Environment Agency (EEA) briefing, published today, explores alternative ways of thinking about growth and progress. […]
Read MoreNearly 50 properties seized in action against money laundering in Italy and Spain
Italian and Spanish authorities have seized nearly 50 properties and provisionally arrested 13 persons as the result of a Eurojust-coordinated operation against money laundering, tax evasion and corruption in Italy’s northwestern province of Cuneo and Malaga province in Spain. Eurojust supported the setting up of a joint investigation team (JIT) which led to a series of actions […]
Read MoreCommission takes further steps to foster the openness, strength and resilience of Europe’s economic and financial system
The European Commission today presented a new strategy to stimulate the openness, strength and resilience of the EU’s economic and financial system for the years to come. This strategy aims to better enable Europe to play a leading role in global economic governance, while protecting the EU from unfair and abusive practices. This goes hand in hand […]
Read MoreEurojust supports fight against fuel tax fraud in Germany and 10 other countries
A major tax swindle involving sales of fuels has been brought to an end by the German authorities, with international judicial support in 11 European countries coordinated by Eurojust. During an action day, two suspects were arrested in Austria and Poland, allegedly the leaders of a criminal network that defrauded the German tax authorities of […]
Read MoreEIB and Banca March support spanish companies affected by the COVID-19 crisis
The EIB Group will provide a total of €270 million to Banca March via three agreements, to mobilise over €600 million for Spanish companies. The European Investment Bank (EIB) and Banca March are joining forces once again to support the economic recovery of Spanish small and medium-sized enterprises (SMEs – up to 250 employees), mid-caps (between 250 […]
Read MoreMultiannual financial framework for 2021-2027 adopted
Following the European Parliament’s consent, the Council has adopted the regulation laying down the EU’s multiannual financial framework for 2021-2027. The regulation provides for a long-term budget of €1 074.3 billion for the EU27 in 2018 prices, including the integration of the European Development Fund. Together with the Next Generation EU recovery instrument of €750 […]
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