Economy & Jobs

Transport 22-10-2020

EU bank urged to put brakes on Germany’s motorway millions

The European Investment Bank’s decision to loan Germany €264 million to build a new stretch of autobahn has provoked outcry from environmental activists and raised doubts about whether the Luxembourg-based lender can yet claim to be the ‘EU climate bank’.
Brexit 22-10-2020

‘Bucket of cold sick’: firms scorn UK over Brexit plans

Hammered by the coronavirus pandemic, UK businesses face a double-whammy from Brexit and are furious at the government for insisting the onus lies on them to get ready for life outside the EU.
22-10-2020

Over half Europe’s small firms fear for survival, survey finds

Over half the small and medium-sized companies which together provide jobs for two-thirds of European workers fear for their survival in the coming 12 months, according to a survey released by management consultancy McKinsey on Thursday (22 October).
21-10-2020

EU makes bond market history with record €233 bln demand for SURE issue

The European Union attracted the highest demand ever for a bond sale on Tuesday (20 October) at over €233 billion, bankers involved in the deal said, as it kicked off fund raising for its SURE unemployment scheme.
Digital 21-10-2020

US slaps Google with antitrust suit, eyes possible breakup

The US government filed a blockbuster lawsuit accusing Google of maintaining an "illegal monopoly" in online search and advertising in the country's biggest antitrust case in decades -- opening the door to a potential breakup of the Silicon Valley titan.
The European Parliament has overwhelmingly backed a series of reports which could have a profound impact on the future of the platform economy, supporting measures such as a possible ban on targeted advertising, reporting procedures for illegal content, and better detection of fraudulent vendors.
Digital 21-10-2020

Parliament adopts ambitious stance on EU’s future regulation of digital platforms

The European Parliament has overwhelmingly backed a series of reports which could have a profound impact on the future of the platform economy, supporting a possible ban on targeted advertising, reporting procedures for illegal content, and better detection of fraudulent vendors.
20-10-2020

Supply chain laws can change company culture, trade unionist says

The initiatives for due diligence in supply chains are seeing growing support for their potential to create a level playing field, but European worker representatives say the benefits of this legislation would not be limited to the workers at the start of the value chain.
20-10-2020

Three Seas Initiative inches forward as US ramps up support

The Three Seas Initiative virtual summit held in Estonia on Monday (20 October) saw further consolidation between its 12 members. At the same time, the US has started seeing the project as a vehicle to win the geopolitical battle for 'hearts and minds' in the region, in a bid to reduce Chinese and Russian influence there.
16-10-2020

Social and economic differences across EU less important for citizens – survey

An increasing number of Europeans living in border regions of the EU say social and economic differences are not problems affecting cooperation between their home and neighbouring country, a new survey shows.
Politics 16-10-2020

Erasmus celebrated worldwide as MEPs push for more funding

As Europe celebrates its flagship educational mobility programme, lawmakers in the European Parliament are fighting to increase the budget for what is widely regarded as one of the EU's greatest achievements.
15-10-2020

Sassoli calls for ‘imagination’ to overcome budget negotiations deadlock

European Parliament President David Sassoli asked EU leaders on Thursday (15 October) to increase their financial contributions to the EU budget and called for “imagination” to make progress on the stalled negotiations.
15-10-2020

Divisions over economic criteria in cohesion policy negotiations

Negotiations on cohesion policy between the European Parliament, Commission and Council will take place on Thursday (15 October), focusing on how strictly the flow of money is regulated and whether it should be distributed according to economic criteria. EURACTIV Germany reports.
15-10-2020

Poland and Hungary score against Commission over taxes

The EU Court of Justice’s advocate general dismissed on Thursday (15 October) the European Commission’s appeal about Poland and Hungary’s tax regimes and recommended upholding the verdict in favour of the two eastern member states.
15-10-2020

Budget battle heats up as negotiators hit stalemate 

The European Parliament and the Council failed to make any progress on Wednesday (14 October) on the budget negotiations and accused each other of presenting misleading figures of the additional funds requested for the EU’s long-term budget.
The UK government is coming under increasing pressure to convince Brussels regulators that the country's data protection landscape is fit for EU personal data, amid wider concerns that UK surveillance practices compromise the security of EU standards in the field.
Data protection 14-10-2020

UK government under pressure to prove data adequacy to EU

The UK government is coming under increasing pressure to convince Brussels regulators that the country's data protection landscape is fit for EU personal data, amid wider concerns that UK surveillance practices compromise the security of EU standards.
14-10-2020

Committee of the Regions warns against centralising cohesion policy

This week, European regional policy leaders met to formulate their demands of the EU. They warned against a reduction of cohesion funds and requested a say in their distribution. EURACTIV Germany reports.
13-10-2020

WTO authorises EU tariffs on $4 billion of US goods over Boeing dispute

The World Trade Organisation authorised on Tuesday (13 October) the EU to impose tariffs on US exports worth $4 billion in compensation for the subsidies given to Boeing by Washington. 
13-10-2020

Report charts new EU ‘COVID-19 geography’, growing inequality risks

The first EU-wide survey of the current challenges the pandemic has posed for local and regional governments across the bloc shows risks of a widening divide between the EU's regions and calls for closer involvement of local authorities in drawing up recovery plans.
13-10-2020

UK no longer top Erasmus destination for students

While some of the effects of Brexit are still difficult to assess, the Erasmus+ university exchange programme has already suffered the consequences. EURACTIV France reports.
13-10-2020

EU set to get WTO green light for US tariffs

One year after sanctioning the EU for its support of Airbus, the World Trade Organization is expected Tuesday (13 October) to let the bloc impose sanctions on the United States for aid to Boeing.
13-10-2020

Lagarde warns against virus support ‘cliff edge’

European Central Bank president Christine Lagarde warned governments on Monday (12 October) against pulling pandemic support schemes too quickly as eurozone economies struggle to recover from the coronavirus crisis.
Digital skills 13-10-2020

Commission to give fresh push to social pillar in COVID times

The European Commission’s action plan to implement the EU Social Pillar will aim to bolster the protection of social rights following the lessons learnt from the COVID-19 pandemic, a  Commission official has said.
12-10-2020

Why is the ECB eyeing a ‘digital euro’?

The European Central Bank will on Monday (12 October) launch a public consultation and start experiments to help it decide whether to create a "digital euro" for the 19-nation currency club.
New EU measures regulating the web should avoid, in the first instance, rules on the hosting of online content deemed 'harmful' but not 'illegal,' a Brussels trade association representing the world's largest online platforms has said.
Digital 12-10-2020

Digital Services Act should avoid rules on ‘harmful’ content, Big Tech tells EU

New EU measures regulating the web should avoid, in the first instance, rules on the hosting of online content deemed "harmful" but not "illegal", a Brussels trade association representing the world's largest online platforms has said.
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