The early measures taken by the EU and its Member States to counter the economic impact of COVID-19 have helped save jobs and businesses, according to the European Court of Auditors (ECA). However, the auditors also see the risk that the pandemic’s uneven impact on Member States and their differing capacities to support their economies…
The European Parliament has adopted a resolution on the new Industrial Strategy. It calls for the new industrial strategy – planned for publication in March next year – to be in line with the goal of climate neutrality by 2050 and to create the conditions for an innovative, inclusive, resilient, digitalised society. In the context…
There will be a European Tax Observatory headed by the renowned progressive tax economist Gabriel Zucman. This will implement an idea of the European Greens, which they launched in October 2019 together with Social Democrats and Liberals in the European Parliament. German Greens MEP Sven Giegold told this website,”That is great news. Because just like…
The EU is urged to avoid another crisis in the wake of the pandemic Markus Ferber MEP said, “We have to be very careful that the current frenzy of Corona spending does not lead us directly into the next debt crisis.” “Therefore, the European Commission urgently needs to establish when and under what conditions the application…
The Socialists and Democrats in parliament have tabled a position paper on the Sustainable Single Market for Consumers and Businesses. In the paper, they call on the Commission to present ambitious legislative proposals necessary to adapt the Single Market to the challenges of climate and degradation of the environment, and describe why it is a social question to…
The European Parliament has prolonged the successful cooperation programme Network of European public Employment Services (PES) for another seven years. The Socialists and Democrats support the platform, which enables the exchange of best practices, setting benchmarks and mutual learning with the goal of becoming more effective and efficient. Manuel Pizarro, S&D MEP and author of…
The Conference of Peripheral Maritime (CPMR) says it welcomes the political agreement reached by the European Parliament and the EU Council on the Multiannual Financial Framework 2021-2027. The deal marks a decisive step towards providing the regions with adequate and timely means to deliver the recovery in this uncertain moment. The agreement foresees to reinforce…
The coronavirus pandemic represents a very large shock for the global and EU economies, with very severe economic and social consequences. Economic activity in Europe suffered a severe shock in the first half of the year and rebounded strongly in the third quarter as containment measures were gradually lifted. However, the resurgence of the pandemic…
The Eurogroup says it had a thorough discussion on the economic outlook in view of current COVID-19 developments. On Tuesday, the Eurogroup was briefed by the Director of the European Centre for Disease Control (ECDC), Dr. Andrea Ammon, on the ECDC’s analysis of the pandemic. The Chair of the European Parliament’s Committee on Economic and…
The European parliament’s Committee for Economic and Monetary Affairs (ECON) of the European Parliament has adopted its position on the so-called “MiFID quick fix” which amends the Markets in Financial Instruments Directive (MiFID). The MiFID sets the key rules for stock exchanges, financial trading platforms, consumer protection in financial markets and rules for the speculation…
