The Council presidency has reached an agreement with the European Parliament on a revised enforcement regulation. The aim of this regulation is to better protect the EU’s trade interests and rights in the context of the current blockage of the World Trade Organization’s (WTO) dispute settlement system. The regulation also ensures that the EU can […]
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Commission disburses €17 billion under SURE to Italy, Spain and Poland
The European Commission has disbursed a total of €17 billion to Italy, Spain and Poland in the first instalment of financial support to Member States under the SURE instrument. As part of today’s operations, Italy has received €10 billion, Spain €6 billion, and Poland €1 billion. Once all SURE disbursements have been completed, Italy will […]
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Latest Eurobarometer survey: Economic situation is EU citizens’ top concern
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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Statistics: ICT usage in Europe in 2020
Last June the Commission published the results of the 2020 Digital Economy and Society Index (DESI), which monitors Europe’s overall digital performance and tracks the progress of EU countries with regard to their digital competitiveness. This year’s DESI report shows that there is progress in all Member States and in all key areas measured […]
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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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Commission to boost Europe’s capital markets
The European Commission has published a new, ambitious Action Plan to boost the European Union’s Capital Markets Union (CMU) over the coming years. The EU’s top priority is to ensure that Europe recovers from the unprecedented economic crisis caused by coronavirus. Developing the EU’s capital markets, and ensuring access to market financing, will be essential […]
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