BusinessEurope has tabled its proposals for a European economic recovery plan. It says that despite the extraordinary efforts of governments and the EU Institutions to support businesses and workers through the crisis, Europe’s economic and political environment as we gradually exit from the severe restrictions placed on economic activity is likely to look significantly different…
Nine NGOs sent an open letter to Werner Hoyer, the President of the European Investment Bank (EIB), calling for its new role in the European economic recovery to be consistent with its climate commitments and play a key role in financing the European Green Deal. The EIB plans to spend €40 billion to support especially small and…
Commission Executive Vice-President Valdis Dombrovskis on Tuesday presented proposals for a temporary reduction of capital requirements in the Corona crisis. The Commission wants to ensure that banks continue to provide credit to the real economy despite the crisis. The package of measures includes a proposal to compensate for the effect of the new accounting rules…
The President of Ukraine has signed the law “On Amendments to Certain Legislative Acts of Ukraine on the Conditions of Circulation of Agricultural Land” Law № 552-IX was originally approved by the Verkhovna Rada on 31 March. The document provides for the formation of a legislative framework for the introduction of market circulation of agricultural…
A total of 68 large German and international companies from all sectors of the economy call upon politicians on the occasion of the Petersberg Climate Dialogue to combine economic measures to deal with the Corona crisis with ambitious climate policy. At yesterday’s launch of the 11th edition of the Petersberg Climate Dialogue, a broad alliance…
Last week on 23 April, EU heads of state and government met via video conference to address the development of economic measures to recover from the coronavirus crisis. However, instead of proposing ambitious measures, in particular coronabonds, a mutualised debt instrument, EU Leaders decided not to decide. The European Commission is instead tasked with the…
The business environment for SMEs has dramatically changed for the worse in the past weeks. This has a huge negative impact on hundreds of thousands of Crafts and SMEs, and also threatens fundamentally the core role which SMEs play in European citizen’s everyday life. To support the survival and quick recovery of SMEs across Europe,…
The Commission has adopted a proposal for a €3 billion macro-financial assistance (MFA) package to ten enlargement and neighbourhood partners to help them to limit the economic fallout of the coronavirus pandemic. The proposal comes on top of the Team Europe strategy, the EU’s robust and targeted response to support partner countries’ efforts in tackling…
By Luca Jahier, President of the European Economic and Social CommitteeStrong support to the European Commission and the European Parliament: EUCO cannot fail! Ahead of the Heads of state and government Council meeting next week and in the light of the solid package of measures proposed on 9 April by the Eurogroup to support the…
The European Commission has published guidelines to support Member States in their waste management in these difficult times of coronavirus. The continuity in providing those services also during the coronavirus crisis is crucial for our health, for the environment, and for the economy. Commissioner for Environment, Oceans and Fisheries, Virginijus Sinkevičius, said: “In this unprecedented crisis, we…
