Rúben Castro

Digital 29-06-2020

Digitalisation could preserve minority languages, MEP says

An increased reliance on digitalization could help to preserve minority languages despite the English language dominating online, a leading MEP has said.  
Economy & Jobs 12-06-2020

Centeno: Portugal today has a credible economic and budgetary policy

In his last interview as Portugal's finance minister, Mário Centeno, who is also the outgoing president of the Eurogroup, talked to the Portuguese broadcast RTP about his mandates, the relation with Prime Minister (PM) António Costa and the possibility of becoming the new governor of the Bank of Portugal.
Economy & Jobs 10-06-2020

EU governments lose €15bn a year due to counterfeiting, EUIPO says

Governments across the EU lose €15 billion each year due to counterfeiting, which is increasingly often linked with other serious crimes, according to a report by the European Union Intellectual Property Office (EUIPO) published on Wednesday (10 June).
Economy & Jobs 09-06-2020

Mario Centeno quits Eurogroup post, Portuguese government

Portuguese Finance Minister Mário Centeno, the Eurogroup's president, has resigned from government, following a period of less than idyllic relations with Prime Minister António Costa, and will be replaced by state secretary for budget João Leão.
Economy & Jobs 09-06-2020

Costa e Silva: Portugal’s surprising choice for new economic masterplan

The controversial appointment of the largely unknown Costa e Silva as the man who should draft Portugal's economic plan for the next decade has become a key talking point in the country.
Economy & Jobs 09-06-2020

Madeira: Portuguese archipelago invests in development of safe destination brand

The Portuguese islands of Madeira and Porto Santo will reopen to tourism on 1 July. After almost four months without revenue from one of its economic engines, the Atlantic archipelago's regional government seems optimistic about the reopening, but experts caution that it might still be necessary to rethink the future of tourism.
Economy & Jobs 27-05-2020

One in six young people has stopped working since the pandemic started

Some 17.1% of employed young people across the globe have stopped working since the start of the COVID-19 pandemic and those who have remained in work have seen their working hours reduced by 23%, according to a report from the International Labour Organization (ILO), published on Wednesday (27 May).
Global Europe 27-05-2020

World countries and institutions pledge €3.1 bn for Venezuelan refugees

A virtual International Donors Conference in solidarity with Venezuelan refugees and migrants raised €3.1 billion Tuesday (26 May) from more than 60 countries and institutions to assist the displaced population of the South American country. “We have to be proud...
Economy & Jobs 19-05-2020

Two-thirds of analysts concerned about prolonged recession, WEF says

Some 66,3% of senior risk professionals pointed to a “prolonged global recession” as one of the most worrisome risks for their company, according to a report by the World Economic Forum (WEF), published on Tuesday (19 May).
Economy & Jobs 14-05-2020

Portuguese land borders with Spain remain closed until 15 June

The land borders between Portugal and Spain will remain closed until 15 June due to the COVID-19 pandemic, according to the Portuguese Council of Ministers’ resolution published this Wednesday (13 May). The control of the land borders between the countries...
Economy & Jobs 14-05-2020

EIT Crisis Response Initiative: €60 million for Europe’s innovators

The European Institute of Innovation and Technology (EIT) will mobilise €60 million to support European entrepreneurs and innovators. The EIT’s Crisis Pandemic Initiative, launched on Thursday (14 May), aims to support start-ups, expanding businesses, SMEs and new innovative projects based on a greener and more sustainable approach.
Economy & Jobs 13-05-2020

Central Europe and Baltic states GDP will fall by 4.3% in 2020, ERBD report says

The economies of Central Europe and the Baltic states are seen contracting by 4.3% on average in 2020, according to a report by the European Bank for Reconstructing and Development (ERBD) published on Wednesday (13 May). The report also showed that EU members in south-eastern Europe are expected to face a 4.8% GDP decline in 2020.
Economy & Jobs 08-05-2020

ECB will continue doing whatever is necessary to deliver on mandate, Lagarde says

European Central Bank chief Christine Lagarde has responded to a recent German court ruling that challenged the bank's authority by saying the ECB is an independent institution, accountable to the European Parliament, that will continue to do whatever it takes to deliver its mandate.
Economy & Jobs 30-04-2020

Tackle the pandemic by innovating, says European tech institute

In the innovation sector “reorientation” is a keyword, as different sectors of society try to adapt to the coronavirus pandemic.
Economy & Jobs 21-04-2020

Centeno: ‘The old books by which we governed are of no use in this period’

In an interview with the Portuguese newspaper Público, the President of the Eurogroup, Mário Centeno, shared some leads about the EU’s recovery plan. He believes that the new recovery plan should have its “own, appropriate and innovative funding mechanism”.
Economy & Jobs 17-04-2020

Erasmus students in limbo about losing grants from COVID lockdown

Some 65% of the students who are in Erasmus exchange programmes but subject to confinement measures do not yet know if they will keep or return the grant that was disbursed for their studies, while 7% said they will not get any, according to a report by the Erasmus Students Network (ESN).
Economy & Jobs 16-04-2020

Private sector jumps in to fill youth skills gap

Youth unemployment remains a lingering issue in Europe. While the public sector has a central role to play in supporting young people in the transition from education to work, private companies can also contribute to closing the skills gap.
Digital 02-04-2020

More than 50% of consumers ready to pay for media, WEF report says

Some 53% of consumers are willing to pay for news in the future and as many as 70% for entertainment, according to a report by the World Economic Forum (WEF), published on Thursday (2 April).
Economy & Jobs 26-03-2020

US exports to the EU still three times higher than to China

The export of US goods to the EU totalled $337 billion in 2019, an increase of 6% on the previous year, according to the Transatlantic Economy 2020 report, published on Thursday (26 March). At the same time, that figure was three times higher than the total of goods exported from the United States to China.
Agrifood 25-03-2020

Increase the price of goods to control demand, expert recommends

With restrictions to contain the coronavirus getting stricter in many member states and the fear of contagion growing, online shopping can be the solution to do the groceries, a consumer researcher told EURACTIV in an interview.
Economy & Jobs 20-03-2020

Only five member states meet key money laundering deadline

A large majority of members states failed to introduce by 10 January public registers to reveal the true owners of all companies based in their countries, as part of the fight against money laundering, a report published on Friday (20 March) revealed.
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