Economy & Jobs
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Eurogroup fails to agree on a calendar to complete banking union
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EU unlocks first recovery funds amid growing Delta fears
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EU puts its digital tax on hold after US pressure
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Commission to ease state aid straitjacket as recovery fund kicks in
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EU Commission approves COVID-19 recovery fund for Spain, Portugal
EU to tighten rules on cryptoasset transfers
Companies that transfer bitcoin or other cryptoassets must collect details of senders and recipients to help authorities crack down on dirty money, EU policymakers proposed on Tuesday (20 July) in the latest efforts to tighten regulation of the sector.
EU launches WTO dispute against Russia over procurement
The European Union has launched a legal challenge at the World Trade Organisation against Russian measures it says restrict or prevent EU companies from selling goods to Russian state-owned enterprises.
Brussels approves €1 bn fund for pandemic-hit Spanish firms
The European Commission approved on Monday Spain’s proposal to set up a €1 billion recapitalisation fund to help the recovery of Spanish companies affected by the pandemic, EURACTIV’s partner EUROEFE reported.
UK-Spain flights soar 400% after quarantine rules changed
Flights between the UK and Spain have increased by 400% as British holidaymakers take advantage of news rules that mean residents returning to England from destinations on the government's amber list no longer have to quarantine if they are fully vaccinated, EURACTIV’s partner EFE reported.OpinionPromoted content
Private Equity is private & Public Markets are public… and never the twain shall meet?
For some time a misplaced false dichotomy has been going around as part of the narrative of the ecosystem in capital markets. According to this, private equity fund managers should be in opposition to the well-functioning of the public markets....
The rise of electric vehicles could deliver green jobs – but we need a plan
As electromobility grows, it’s triggering enormous change to the automotive sector, writes Judith Kirton-Darling. Handled right, this transition could bring Europe an unrivalled opportunity for competitive advantage and provide a future for the 14 million workers in Europe who depend directly or indirectly on the automotive industry, she argues.
Young Europeans take federal Union into their own hands
As the Conference on the Future of Europe gains momentum, young Europeans immersed themselves in simulation of federal European structures. The project "Y-FED: Europe is what you make of it" implemented a new bloc constitution written by European youth in 2017, a dry run of a possible new Union, with federal institutions.
China steps up climate fight with emissions trading scheme
Two days after the European Union unveiled new carbon-cutting plans, China launched its long-awaited emissions trading system on Friday (16 July), a key tool in its quest to drive down climate change-causing greenhouse gases and go carbon neutral by 2060.
Spain’s new COVID-19 restrictions halt return of tourism sector
Soaring COVID-19 infection rates and tough new restrictions to curb the increase have dealt a fresh blow to Spain’s pandemic-weary tourism and hospitality sectors, especially in sun-kissed resorts along the Mediterranean, the Balearics and the Canary Islands. EURACTIV’s partner EFE reports.
We are struggling to get out of bed, but we still demand a seat at the table
While the coronavirus pandemic has left a scar on an entire generation of young people’s mental health; a youth-led political simulation game has exposed the failure of governments to support its young people. Rebecca Gaff is a Project Assistant at...
Ireland rejects global tax reform plans, says Donohoe
Ireland will not support global tax reform plans, Finance Minister Paschal Donohoe insisted Thursday (15 July), entrenching its hold-out position as momentum builds for a deal meant to ensure multinationals pay a fair share.OpinionPromoted content
Beyond the Mirage: Classifying ‘work platforms’ is as important for decent work as classifying workers
The time for talking is over. Following years of roundtables, research papers, and policy advice, legislators are stepping up to the plate to regulate platform work. Jochem de Boer is Public Affairs Manager at World Employment Confederation-Europe. So far, it...
Recovery and sustainability – how can SMEs achieve both?
Small- and medium-sized enterprises (SMEs) are the beating heart of Europe’s economy, accounting for over 90% of all businesses in the EU and for more than half of its gross domestic product, whilst employing about 100 million EU workers before the pandemic.
Assess full effects of technology on work before regulating, warns EU tech lawmaker
EU lawmakers should make sure they see the full effects of technological change on working patterns before they regulate them, as we are likely to see a continued shift towards remote and flexible employment, policymakers said at an event hosted by EURACTIV on the future of work across the bloc.OpinionPromoted content
Clearing Up Emissions from Buildings: A Life Story
“Carbon emissions” and decarbonisation are now such common phrases that we sometimes forget to think about what they mean. Put simply, too much carbon in the atmosphere is a threat to our health, our environment and our economy and the cause of rising temperatures.
The future of work in the EU – Challenges in a fast-changing world
The way we work, and our societies more broadly, are undergoing fundamental transformations in a context of globalisation, demographic changes, and the rapid advance of technologies.
France pushes for 25% target for taxing multinationals’ super-profits
Countries should be able to tax a quarter of big multinationals' profits no matter where they are earned, France proposed on Saturday (10 July) at a G20 finance ministers meeting focused on overhauling the rules for cross-border corporate taxation.
ECB pledges to factor climate change more into policy
The European Central Bank said on Thursday (8 July) that it would further incorporate climate change considerations into its monetary policy, including on disclosure, risk assessment, and decisions on collateral and corporate sector asset purchases.
Amid Delta scare, EU forecasts higher growth in eurozone
The eurozone economy will grow faster than previously thought both this year and next, the European Commission said on Wednesday (7 July), despite emerging concerns the fast-spreading Delta variant of the coronavirus could lead to new restrictions.
EU to propose Anti-Money Laundering Authority
The European Union will propose a new agency to crack down on money laundering and new transparency rules for transfers of crypto-assets, EU documents showed as the bloc responds to calls for tougher action to fight dirty money.
Global tax reform plan goes to the G20
G20 finance ministers meeting in Venice on Friday and Saturday (9-10 July) could rally the world's top economies behind a global plan to tax multinationals more fairly, already hashed out among 130 countries representing 90% of world output.
Spanish regions to reimpose restrictions on nightlife
Local authorities in Spain have said they will roll back relaxations of restrictions on party venues and nightclubs as primary healthcare services are having to deal with a rise of COVID-19 cases among the country’s youth. EURACTIV’s partner EFE reports.
French champagne houses cry foul over Russian label rule
Champagne houses in France issued a plea for diplomatic help over a new Russian law reserving the term "champagne" for Russian-produced sparkling wines, which led to a temporary interruption of supplies from the market leader Moët Hennessy.