Economic Crisis

SURE to fight Covid-19: €100 billion to keep people in jobs

The EU provides additional financial support to member states to protect jobs and workers affected by the coronavirus pandemic. The…

3 years ago

Use of Energy Taxes to strengthen Developing Country Finances

On 25 January 2021 the OECD issued a document entitled Taxing Energy Use for Sustainable Development: Opportunities for energy tax and…

3 years ago

Impact of COVID-19 on people’s livelihoods, health and food systems

The COVID-19 pandemic has led to a dramatic loss of human life worldwide and presents an unprecedented challenge to public…

3 years ago

ECB must keep money to face future Eurozone inflation

Lagarde said that inflation remained low despite an increase in January due to weak demand and a slump in the…

3 years ago

Cancelling ECB public debt is inconceivable: Christine Lagarde

A letter signed by 100 economists suggests cancelling of the ECB public debt and Christine Lagarde says that this is…

3 years ago

EU role of central banks in combating climate change

Lagarde wants to make ECB a climate change pioneer and give a new role to European central banks to think…

3 years ago

EU calls next American President Joe Biden to work very closely

What happened in Washington yesterday is as appalling as it is outrageous. However, the fact that on the same night,…

3 years ago

TUI travel smile receives more rescue money under European approval

European Commission approves the third financial aid package €1.25 billion euro German measure to recapitalise TUI. The European Commission has…

3 years ago

€5 billion Brexit Adjustment Reserve for businesses and employment

The €5 billion Brexit Adjustment Reserve will offer funds to countries and sectors worst-hit by the effect of the United…

3 years ago

2020 was a remarkable year for economic decisions we will never forget!

Eurogroup President in his 2020 Year in Review highlights significant developments in the field of EU economics and the response…

3 years ago

Culture in crisis: Arts fighting to survive COVID-19 impact

The culture sector, which employs more than 30 million people globally, has been hit much harder than expected by the…

3 years ago

2021 priorities for European recovery and renewed vitality

Commission President Ursula von der Leyen, European Parliament President David Sassoli and Chancellor Angela Merkel, on behalf of the Presidency of…

3 years ago

The First Amazon Fiscal and Environmental Sustainability Program

The World Bank Board of Directors approved today the US$200 million First Amazon Fiscal and Environmental Sustainability Programmatic DPF. The project…

3 years ago

Germany should invest more in infrastructure, digital economy and energy transition

Germany should increase public infrastructure investment and accelerate its digital transformation and energy transition to strengthen and sustain its recovery…

3 years ago

Viktor Orbán: We’ve won. We have fought for our rights

Hungarian Prime Minister Viktor Orbán said we’ve won! Brussels is not able to blackmail Hungary with money, there is no…

3 years ago

EU and Algeria agreed to deepen their partnership

EU and Algeria agreed to deepen their partnership, to strengthen stability in the region and reviewed important issues in their…

3 years ago

Why the European Stability Mechanism (ESM) need reform?

On 30 November 2020, the Eurogroup agreed to proceed with the reform of the European Stability Mechanism - ESM. The…

3 years ago

Orbán takes Europe hostage as EU leaders fail to unblock Budget

President Michel said the decision on the next MFF had been taken in July but not Hungary and Poland declared…

3 years ago

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