Two experts in economic development reveal the vision for Asturias’s future. It is green and digital. Ana Elena Fernández Monzón and Paz Palacio Fernández work for IDEPA, the institute for economic development of the Principality of Asturias. Asturias takes sustainability seriously, a third of the region is environmentally protected. It is also among the leading regions in […]
World Bank Youth Professionals Programme
Programme and objectives The World Bank Group Young Professionals Programme is a two-year leadership development program at the start of a five-year employment contract with the World Bank, IFC or MIGA. Young Professionals (YPs) start the programme in Washington, DC, where they engage in intensive training on-the-job and in the classroom, learning the fundamentals of leadership […]
Ukraine: EU grants access to funding under the EU4Health
As part of the Commission’s ongoing efforts to provide support in the area of health, Commissioner Kyriakides visited Ukraine to meet Minister of Health Viktor Liashko and pay a visit to a medical centre for children as well as a patient rehabilitation centre. At this occasion, the Commission and the Ukrainian Government have signed an agreement […]
Summer 2022 Economic Forecast: Russia’s war worsens the outlook
Russia’s war of aggression against Ukraine continues to negatively affect the EU economy, setting it on a path of lower growth and higher inflation compared to the Spring Forecast. The Summer 2022 (interim) Economic Forecast projects that the EU economy will grow by 2.7% in 2022 and 1.5% in 2023. Growth in the euro area is expected […]
EU budget for 2023: Council agrees its position
Ambassadors of member states to the EU agreed the Council’s position on the 2023 EU draft budget. In total, the Council’s position for next year’s budget amounts to € 183.95 billion in commitments and € 165.74 billion in payments. Compared to the budget agreed by the Council and the European Parliament for 2022, this is […]
Council adopts conclusions on the 2022 macroeconomic imbalance procedure – Ecofin July 12, 2022
Following the Economic and Financial Affairs Council meeting on July 12, the Council adopted conclusions on the 2022 in-depth reviews under the macroeconomic imbalances procedure. The Economic and Financial Affairs Council: Recalls that the EU economy is recovering from the COVID-19 crisis, while uncertainties remain high and rising, in particular due to the surging energy […]
Council adopts Conclusions on EU Budget Sustainability – 12 July 2022
Following the Economic and Financial Affairs Council meeting on July 12, the Council adopted Conclusions on the Commission’s 2021 fiscal sustainability report. The Council (Ecofin): Welcomes the Commission’s “Fiscal Sustainability Report 2021”, which updates the assessment of fiscal sustainability risks across the European Union, based on an enriched multidimensional approach and drawing from the 2021 […]
MEPs want better protection for consumers applying for loans online
The new EU rules aim at protecting consumers online from credit card debt, overdrafts and loans that are unsuitable for their financial situation. In a text adopted by the Internal Market and Consumer Protection Committee, with 42 votes in favour, 1 against and 1 abstentions, MEPs say that legislation should cover credit agreements of up […]
Circularity can enhance greenhouse gas emission savings when renovating Europe’s buildings
Building renovation is a key contributor to improving energy efficiency and to achieving a climate neutral European Union (EU) by 2050. A European Environment Agency (EEA) briefing investigates how circular economy principles can enhance the benefits of building renovation. It finds that, through 2050, circularity can significantly reduce the use of materials and contribute significant […]