COVID-19 Diagnostics and Treatments

The Innovative Medicines Initiative has provisionally selected 8 projects for funding from its fast-track Call for proposals on coronavirus diagnostics and treatments. In addition, it has boosted the IMI funding pot from EUR 45 million to EUR 72 million. On top of this, EFPIA companies, IMI Associated Partners and other organisations will contribute over EUR…

Hospitality and Tourism Businesses Struggle to Survive

The hospitality-tourism sector is one of the major players in the EU economy. Due to the COVID-19 pandemic, the sector is facing an unprecedented crisis which is putting the viability of companies and employment at risk. Thousands of companies are struggling to survive or face insolvency. Many workers are on temporary unemployment and have lost…

Open Communication and Overcoming Social Distancing – the role of Civil Society

Coronavirus response: let’s not forget civil society organisations and the role of communication Arno Metzler, the president of the Diversity Europe Group of the European Economic and Social Committee issued the following statement: “The coronavirus (COVID-19) outbreak will continue changing our lives. It’s up to us to see this as an opportunity to make positive…

Healthcare Charities Need Time to Recover from the Current Crisis

Three independent British health and care charities have warned that it will take many more months before NHS and social care organisations are able to fully restart services following the Covid-19 outbreak.  At a UK Parliament Health and Social Care Select Committee evidence session yesterday (14 May), the Health Foundation, The King’s Fund and Nuffield Trust…

The Importance of Rule of Law for Investors

I met with Philippe Bresson to explore his experience of investing in Eastern Europe. Philippe manages the BEE Family Office, formerly BRICOSTORE Holding, a 160-year-old family-owned holding company that manages a variety of assets and holdings in various business sectors. It was originally focused on the retail sector in France and internationally.  In the late…

Commission Approves Tourism and Transport Package

The European Commission has today approved a package on tourism and transport giving clarity on passenger rights whilst supporting both sectors to overcome the COVID-19 crisis. Commenting on the package Transport and Tourism Committee Chair Karima Delli (Greens/EFA, FR) said, “The Commission’s package on tourism and transport is a great example of addressing together the current and upcoming challenges…

Soros calls for Bond Issue to tackle COVID-19

George Soros has called for countries including Germany and the Netherlands to “think again” and consider his proposal that the EU should issue perpetual bonds to fund the two trillion Euros needed to tackle COVID-19 and climate change.  The financier and philanthropist says these threats are the “crisis of my lifetime” that “endangers the survival…

Restriction on EU Travel Extended to 15 June

The Commission has invited Schengen Member States and Schengen Associated States to extend the temporary restriction on non-essential travel to the EU for another 30 days, until 15 June.  While some EU and Schengen Associated States are taking preliminary steps towards easing the measures for fighting the spread of the pandemic, the situation remains fragile…

Lessons from Mongolia about COVID-19

Ukhnaagiin Khurelsukh, Prime Minister of Mongolia  by John Grogan, Chairman of the Mongolian British Chamber of Commerce On the evening of Saturday 25th January I organised the annual Burns supper in Ulaanbaatar where the night-time temperature can drop to -40c. A piper from Glasgow dressed in a kilt and fortified by the finest Scotch whisky…

Emerging from Lockdown

As we move into the next stage of the COVID-19 pandemic, countries across Europe are beginning to ease their respective lockdowns, and this is causing challenges to all of our communities as it is an experience unprecedented in recent human history.  But there are examples of how to reopen, and reopen safely. In recent weeks,…