The Commission outlines the contribution of competition policy and its review to the green and digital transition and the resilience of the single market. The European Commission has adopted a Communication on a competition policy adapted to new challenges, which underlines the important role of competition policy for Europe’s progress towards recovery, the green and […]
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Agreement on EU Annual Budget 2022
The European Parliament and the Council of the European Union, on a proposal from the European Commission, have reached an informal political agreement on the EU budget for 2022, the second under the 2021-2027 EU multiannual financial framework. The agreement is for commitments of €169.5 billion, and payments of €170.6 billion. Once adopted, the budget […]
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Spain and its Digital Economy and Society Index 2021
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 […]
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EUROPEAN 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 […]
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¿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 […]
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Why 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 […]
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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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