In the new Eurobarometer conducted in July and August, concern about the economic situation is reflected in the perception of the current state of the economy. 64% of Europeans think that the situation is ‘bad’ and 42% of Europeans think that their country’s economy will recover from the adverse effects of the coronavirus outbreak ‘in 2023 or […]
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Council agrees its position on the Recovery and Resilience Facility
Following the political agreement reached by the ministers for economy and finance on 6 October 2020, member states’ EU ambassadors formally agreed the Council’s position on the Recovery and Resilience Facility. The facility is the centrepiece of the Next Generation EU recovery instrument designed to respond to the COVID-19 crisis and the challenges posed by […]
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European Commission to issue EU SURE bonds of up to €100 billion as social bonds
the European Commission announces that it will issue its forthcoming EU SURE bonds of up to €100 billion as social bonds. To that end, the Commission has adopted an independently evaluated Social Bond Framework. This Framework is meant to provide investors in these bonds with confidence that the funds mobilised will serve a truly social objective. […]
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Economic and Investment Plan to support the economic recovery and convergence of the Western Balkans
The European Commission adopted a comprehensive Economic and Investment Plan for the Western Balkans, which aims to spur the long-term economic recovery of the region, support a green and digital transition, foster regional integration and convergence with the European Union. EU High Representative for Foreign Affairs and Security Policy/Vice-President of the European Commission, Josep Borrell, […]
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Webinar “New situation, new opportunities in Europe
Schedule Current economic situation. Short and medium term perspectives. Business responses. Alternatives. Who is it aimed for? Company Managers, Commercial and Export Managers and members of the company’s export departments. Introduction Although economic and social changes have accelerated steadily and increasingly in recent decades, the current situation created by Covid-19 in Europe, which concentrates most […]
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Coronavirus: new measures supporting micro- and social enterprises under the EUR 400m EaSI Guarantee instrument
The European Investment Fund (EIF) and the European Commission are launching new COVID-19 support measures under the EaSI Guarantee Instrument (EaSI) to enhance access to finance for micro-borrowers, micro- and social enterprises. Support due to Coronavirus The new measures will support micro- and social enterprises as well as individual micro-borrowers hit by the socio-economic consequences […]
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First “Green Deal” funding from European Innovation Council awards over €307 million to 64 startups
The European Innovation Council has awarded over €307 million to 64 game-changing ‘green deal’ start-ups and SMEs contributing to the objectives of the European Green Deal Strategy and the Recovery Plan for Europe. Winning proposals range from innovative solutions for the automotive, aerospace and maritime sectors to advanced materials or Internet of Things technologies. Over one third of the selected companies are […]
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EU: Agreement on recovery package
We have done it: Europe is strong, Europe is robust and, above all, Europe is united Charles Michel EU leaders agreed a recovery package and the 2021-2027 budget that will help the EU to rebuild after the pandemic and will support investment in the green and digital transitions. The socio-economic fallout from the COVID-19 crisis […]
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Humanitarian Aid: €64 million for most vulnerable in Southern Africa
The Commission is providing €64.7 million in humanitarian aid for countries in the southern Africa region to help support people in need dealing with the coronavirus pandemic, extreme weather conditions such as persistent drought in the region and other crises. Financing projects by country Funding from this aid package will go for humanitarian projects in […]
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