Economy & Jobs
New York, London keep top spots in global financial centres index
New York easily kept the top spot in the latest Global Financial Centres Index (GFCI), while London held on to second place as Chinese cities slipped, according to the ranking published on Friday.
Taiwan blasts ‘arch criminal’ China for Pacific trade pact threats
China is an "arch criminal" intent on bullying Taiwan and has no right to oppose its bid to join a pan-Pacific trade pact, Taiwan's government said in an escalating war of words over Taipei and Beijing's decision to apply.
Italy’s Draghi announces €3 billion package to keep energy prices down
Italian Prime Minister Mario Draghi on Thursday (23 September) announced measures worth three billion euros to keep gas and electricity bills down this winter as power prices soar across Europe.
GAFA targeted by both the US and EU ahead of tech and trade meeting
The United States and European Union plan to take a more unified approach to limit the growing market power of Big Tech companies, according to a leaked draft memo. The move will be among announcements on tech, climate, trade and...
Commission proposes common charger for electronic devices in two years
The European Commission presented on Thursday (23 September) a proposal to establish a single charger for smartphones, tablets and other devices in two years.
Investments, Climate, Stability: Goals of European Commission’s Solvency II proposal
With a proposal to reform the Solvency II directive, the European Commission aims to make the insurance industry an ally in achieving the Commission's political priorities.
European business group calls for China to end self-reliance strategy
China should abandon a top-level strategy promoted by President Xi Jinping to increase self-reliance, or risk harming innovation and growth prospects, said a European business group on Thursday (23 September).
US urges Ireland to take global tax deal
US Treasury Secretary Janet Yellen urged Paschal Donohoe, the finance minister of Ireland, to take a "once in a generation opportunity" for a global deal that would stop a race to the bottom on corporate tax rates, the Treasury said.
Why Europe is facing an energy price surge
Prices for gas and electricity are soaring in Europe as winter approaches, forcing governments to react. Here is what's behind the price increase:OpinionPromoted content
BeXt awards recognise sustainability alongside price and quality in consumer products
Recognising the contribution that responsible market players can make to sustainable consumption is an important role for consumer organisations. This month, Euroconsumers will celebrate the consumer brands leading the way on sustainability, price and quality at the third annual BeXt awards.
Illumina/GRAIL: Testing Vestager’s effort to expand EU merger control
The controversial $7.1 billion acquisition of GRAIL by Illumina is developing into a test of the European Commission’s new guidance on merger control, but also of the EU's competition chief Margrethe Vestager's resolve to expand the bloc's supervision of such mergers.
EU energy ministers meet to discuss power price surge
Energy ministers from European Union countries will on Wednesday (22 September) discuss the soaring price of gas and electricity across Europe, as some governments draw up measures to protect their consumers.
Stars seem to align for Spanish economy after disastrous 2020
The Spanish economy appears to be recovering faster than expected after a disastrous 2020 marked by the coronavirus pandemic, with the latest forecasts pointing to a robust growth in 2022 and 2023. EURACTIV’s partner EFE reports.
‘Year of Youth’ gets early start with Erasmus going digital
On Tuesday (21 September), the European Commission announced a significant upgrade to the app for students studying abroad on an EU-funded scheme, a week after EU Commission president Ursula von der Leyen announced she would push to make 2022 the ’Year of European Youth‘.
As energy prices spike, EU points to long-term fixes
The European Commission is monitoring the evolution of electricity prices “very closely,” said the EU’s energy commissioner Kadri Simson, pointing to long-term fixes like investments in energy savings and renewables as the main answer at European level.
Defending Europe starts with defending and strengthening European competitiveness
As EU leaders looks towards economy recovery in the wake of the pandemic, they need to give businesses the environment needed to thrive, writes Stefano Mallia.
MEP Freund: Von der Leyen, EPP still shielding Bulgaria’s ex-PM Borissov
In an exclusive interview, MEP Daniel Freund tells about his recent visit to Bulgaria, revealing the frustrations of the caretaker government which did not receive support from the EU Commission in its efforts to tackle money-laundering.
Bruegel’s Darvas: ‘We need much higher carbon prices in Europe’
In a paper discussed by EU finance ministers on 11 September, Bruegel think tank made the case for protecting green investment as part of the upcoming Stability and Growth Pact review. Bruegel’s Zsolt Darvas, one of the report's authors, told EURACTIV that most of the investment needed to reduce CO2 emissions would come from private sources.
Banking and fintech: not a zero sum game
By working together, and with policymakers, banks and fintech businesses can speed up the EU's economic recovery, writes Ellen Moeller
Slovenia advocates for strong cohesion policy, minister says
Cohesion policy has an important role to play in dealing with the COVID-19 pandemic and its aftermath, and the Slovenian EU presidency intends to keep it strong, Development and EU Cohesion Policy Minister Zvonko Černač said at a conference in Porto.
Taiwan calls for quick start to trade talks with EU
Taiwan’s government called on the European Union to quickly begin trade talks after the bloc pledged to seek a trade deal with the tech-heavyweight island, something Taipei has long angled for. The EU included Taiwan on its list of trade...
EU sweetens its Blue Card for foreign professionals
The EU's Blue Card giving eligible foreign professionals the right to live and work in the bloc is being made more attractive under modifications approved Wednesday (15 September) by the European Parliament.
France steps up dual education as EU announces Erasmus for the unemployed
A French scheme pushing for more apprentice mobility within the European Union may serve as a roadmap for ALMA, a EU's new programme to help young people who are neither in employment nor in education.