Jorge Valero reporting from Davos

Economy & Jobs 27-01-2020

Centeno: ‘I do see good reasons to support green investment under the fiscal rules’

Speaking to EURACTIV in Davos, Eurogroup President Mario Centeno remained hopeful about the eurozone's stalled reform process, saying there are “good reasons” to support ‘green’ investment as part of a broader review of EU fiscal rules due later this year.
Climate change 27-01-2020

Davos wrap-up: Forum runs out of steam as climate becomes ‘king’

Climate change dominated discussions at the World Economic Forum in Davos, but this year’s sunny edition was dry on the consensus required to drive the global economy towards a greener future. 
Economic governance 24-01-2020

IMF warns of the risk of central banks’ ‘cheap money’

The monetary stimulus has been one of the main engines of growth over the past years, but continuing with the supply of 'cheap money' could hurt low-income countries, fuel risky investments and affect savers, warned the IMF on Friday (24 January).
Digital 24-01-2020

Soros accuses Facebook of conspiring to re-elect Trump

Speaking in Davos, billionaire and philanthropist George Soros accused Facebook of working for the re-election of US President Donald Trump, in a speech where he  also targeted “would-be dictator” Matteo Salvini as one of the biggest threats to European democracies.
Economy & Jobs 23-01-2020

Europeans to pass national digital tax by end 2020 if no OECD deal

Despite of the US threats to impose new tariffs, France, Italy, Spain and the UK said on Wednesday (22 July) that they would move ahead with their national digital tax if there is no agreement at the OECD level by the end of this year
Economic governance 22-01-2020

IMF calls for ‘more automatism’ in public spending

As monetary policy nears its limits to lift the world's sluggish economy, the International Monetary Fund told governments on Tuesday (21 January) to introduce "more automatism" in their fiscal rules in order to counter the economic slowdown.
Economy & Jobs 21-01-2020

PwC boss ‘disappointed’ that climate is not considered a top risk for CEOs

The top five challenges for the World Economic Forum this year in Davos were related to climate and sustainability. However, climate is not considered among the top ten risks for CEOs, according to a survey published by accounting firm PwC ahead of the forum on Monday (20 January).
Economy & Jobs 20-01-2020

IMF warns EU-US tensions could impact global growth 

Some “tentative signs of stabilisation” are appearing in the global economy, but despite the positive news the EU-US trade dispute represents a risk to the global output, the IMF warned on Tuesday (20 January).
Economy & Jobs 28-01-2019

Davos wrap-up: Watch out for a self-inflicted recession

Decision-makers and business leaders attending Davos forum last week warned of the risk of triggering self-inflicted recession if the growing pessimistic due to the economic slowdown or political instability persist.
Economy & Jobs 28-01-2019

Carbon pricing and digital tax find traction in Davos 

Business leaders and decision makers agreed during last week's World Economic Forum in Davos that new taxes, including carbon pricing or a digital levy, would not only achieve a fairer economic model but would also help to fight climate change and deal with the ageing population.
EU-China 25-01-2019

Soros urges Trump to maintain pressure on China’s Xi

Investor and philanthropist George Soros said late on Thursday (24 January) that US President Donald Trump should focus on tackling China, whose President Xi Jinping is “the most dangerous enemy”, and recommended a “crack down” on its tech giants  ZTE and Huawei.
Digital 24-01-2019

Moscovici: We are quite close to an agreement on the digital tax

The introduction of national digital taxes across Europe is not detrimental to the Commission's European proposal, the Commissioner for Economic Affairs, Pierre Moscovici, told EURACTIV.com, adding that he believes an agreement on the issue is “quite close”.
Brexit 23-01-2019

OECD’s Gurria: ‘If you need time for a better Brexit deal, give it enough time’

The secretary general of the OECD, Ángel Gurría, believes that extending Brexit talks until July could be feasible in order to ensure an agreement is sealed. Speaking to EURACTIV.com in an exclusive interview in Davos, the Mexican diplomat and economist expressed his concerns about the paralysis spreading in many countries in Europe.
EU-China 22-01-2019

Business leaders dispel doubts about China despite slowdown

China’s lowest growth in three decades was very present in the opening of the Davos forum on Tuesday (22 January), but experts and business leaders were confident about the future of its economy despite its high indebtedness.
Economy & Jobs 22-01-2019

PwC chief: ‘I do think that tensions between US and China will continue’

Pessimism is growing among CEOs, noted the latest global survey published on Monday by PwC, a consultancy firm. In an interview with EURACTIV.com, the global chairman of PwC, Bob Moritz, recommended companies and governments to focus on execution in order to truly turn risks into opportunities.
EU Priorities 2020 31-01-2018

World Economic Forum: Full coverage from Davos

Between 23 and 26 January, the Swiss mountain village of Davos hosted the 48th World Economic Forum Annual Meeting. The programme, initiatives and projects of this year's meeting focused on the theme Creating a Shared Future in a Fractured World. EURACTIV's editor-in-chief Daniela Vincenti and business editor Jorge Valero reported extensively from Davos.
Economy & Jobs 22-01-2018

The Brief – Money on our minds

Does money influence the way we think and act, even unconsciously? Nobel laureate Daniel Kahneman believes so and few places on Earth contain more reminders of money and power than the World Economic Forum (WEF) in Davos.
Future EU 23-01-2017

Davos admits to globalisation’s failures, falls short of solutions

The World Economic Forum concluded its four-day gathering by calling for more inclusive growth to face growing populism and the backlash against globalisation
Trade & Society 20-01-2017

Moscovici: ‘Trump will bring more nationalism and protectionism’

Commissioner for Economic Affairs Pierre Moscovici agrees with the 'wait  and see' approach toward new US President Donald Trump mostly shared by the global elite in the in Davos. But he sees more nationalism and protectionism coming from the White House.
Euro & Finance 19-01-2017

Rutte and Schulz take the gloves off in front of Davos elite

Dutch Prime Minister Mark Rutte and former European Parliament President Martin Schulz clashed over the strategy to relaunch the Union, illustrating the deep division at Europe’s helm in front of the global audience of the World Economic Forum.
Future EU 17-01-2017

Trump advisor: ‘EU bureaucrats have to pay more attention to the working class’

Anthony Scaramucci tried to soothe concerns triggered by Donald Trump, on Monday (16 December), as the US president-elect outlined his foreign policy agenda to British and German newspapers.
Future EU 17-01-2017

Business leaders optimistic about future, despite popular discontent

Top business executives are split over the benefits of globalisation, but most remain “extremely positive” in their growth forecasts, a PwC survey shows.
Global Europe 27-01-2016

Poroshenko aide: Russia is behind the Dutch referendum

Russia is behind the 6 April Dutch referendum on the EU-Ukraine Association agreement. But Kyiv is preparing its own campaign in the Netherlands ahead of the poll, Boris Lozhkin, the second most powerful man in Ukraine, told EURACTIV in an exclusive interview. 

Davos wrap-up: Instability becomes the ‘new normal’

The 2016 World Economic Forum, which concluded on Saturday (23 January), looked at a 21st century economy led by robots and artificial intelligence, against the backdrop of a more unstable and unequal world. 
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