Economy & Jobs

Telecoms giant Huawei is keen to work alongside European companies to help the bloc achieve ambitious new benchmarks for semiconductors by 2030, as the firm continues to face challenges resulting from US trade restrictions.
5G 12-04-2021

Huawei eyes opportunity posed by EU semiconductor goals

Telecoms giant Huawei is keen to work alongside European companies to help the bloc achieve ambitious new benchmarks for semiconductors by 2030, as the firm continues to face challenges resulting from US trade restrictions.

Ireland: EU-Mercosur trade deal ‘unlikely’ during Portuguese presidency

Ireland considers it "unlikely" that the EU-Mercosur trade agreement will be concluded during the Portuguese presidency of the Council of the European Union and insists on guarantees that deforestation of the Amazon will be halted.
08-04-2021

G20 agrees ‘final extension’ to $10 billion debt service suspension scheme

Developing countries stand to benefit from up to $10 billion in savings after the G20 group of wealthy nations announced on Wednesday (7 April) that it would extend its debt service suspension initiative (DSSI) which launched last May until the end of this year.

EU social summit offers prospect to move ‘from principles to action’, presidency says

Portugal's Secretary of State for European affairs, Ana Paula Zacarias, assured Lusa on Tuesday that there is a prospect of moving "from principles to action" at the planned Social Summit of the European Union to be held next month in Porto, which is to be a centrepiece of the country's six-month presidency of the Council of the EU.
02-04-2021

EU auditing agencies should stand ready for 2022 budget, MEP says

Auditing and rule of law mechanisms should be ready to scrutinise how the first money from the Recovery Fund will be dispersed across the bloc in 2022, MEP Nicolae Ștefănuță told EURACTIV.com in an interview.
01-04-2021

EU states set to benefit from multibillion IMF Special Drawing Rights programme

EU states are set to be among the main beneficiaries next week when international leaders are set to authorise up to $650bn of new ‘Special Drawing Rights’ to help countries badly hit by the Covid pandemic.at the International Monetary Fund’s spring meeting on 5 April. 
01-04-2021

Regulators maintain call for prudence in bonuses and dividends payout

Regulators are urging banks and insurance companies to exercise caution in handing out dividend payments to shareholders and bonuses to employees, as Europe continues to struggle to cement its recovery from the Covid pandemic.
01-04-2021

Spain’s central bank urges extension of temporary lay-off schemes

Spain's Central Bank has recommended the extension of temporary lay-off schemes known as ERTEs for employees in economic sectors worst-hit by the pandemic, in particular tourism. EURACTIV's partner EFE reports.
31-03-2021

Women at a breaking point: gender equality in the workplace

Stakeholders have urged the EU to continue with efforts on achieving gender equality in the workplace and pay special attention to women, who have been hit particularly hard by the pandemic and have seen the existing gender inequalities exacerbated by the ongoing crisis.
A contingent of EU nations has locked horns with the European Commission over plans to exclude third-countries from involvement in quantum and space research projects, in a move that could see the UK's involvement significantly downgraded due to concerns over intellectual property.
Digital 31-03-2021

EU nations scold Commission on plans to exclude UK from research groups

A contingent of EU nations has locked horns with the European Commission over plans to exclude third-countries from involvement in quantum and space research projects, in a move that could see the UK's involvement significantly downgraded due to concerns over intellectual property.
China 31-03-2021

UK calls for end to ‘pernicious’ trade practices, in apparent swipe at China

Britain said it will push G7 allies to do more to ban "pernicious practices" in trade, such as forced labour and intellectual property theft, in an apparent call for a tougher line towards China at the World Trade Organization.
30-03-2021

Europe looks for investment to spur its ailing recovery

Difficulties never come alone in the EU. The German Constitutional court’s decision to halt the ratification of the EU’s recovery fund on 26 March is the latest challenge faced by the EU in the battle against the Covid-19 pandemic.
Politics 30-03-2021

MEPs grill Commission about growing expenditure in consultancy firms

A group of 73 MEPs have sent a letter to the European Commission expressing concerns about hundreds of millions of euros spent on consultancy firms and their involvement in policymaking in the wake of an exclusive report by EURACTIV.com.
A contingent of 40 pan-European tech companies has penned a letter to MEPs, calling for members to support bolstered interoperability requirements in the Digital Markets Act.
Digital 30-03-2021

EU SMEs in bid for greater interoperability in Digital Markets Act

Forty pan-European tech companies have penned a letter to MEPs calling for support for bolstered interoperability requirements in the Digital Markets Act (DMA) while stressing the importance of keeping the rules aligned to developments in the area across EU nations.
29-03-2021

Pandemic upsurge hits Europe recovery hopes

An upsurge in new coronavirus cases is forcing governments across Europe into new, damaging lockdowns that threaten to delay a much hoped-for return to growth, economists say.
29-03-2021

Tourism debate reaches fever pitch in Spain as Easter break begins

With some of Europe’s most relaxed COVID-19 restrictions, Spain is awaiting a modest influx of foreign tourists over the Easter holidays, but the topic has sparked debate in a country where locals are not permitted to travel outside their regions, EURACTIV’s partner EFE reports.
Coronavirus 26-03-2021

EU leaders cautiously back vaccine export controls, claim to be world’s main exporter

EU leaders have unanimously endorsed the European Commission's mechanism to authorise the export of vaccine doses outside Europe before shipment, taking credit for being the main world vaccine exporters so far.
26-03-2021

Minister: Spain has absorbed 50% of current EU structural funds

Spain has absorbed 50% of its allocated European Union structural and investment funds for the 2014-20 period, the country's finance minister, María Jesús Montero, has said. EURACTIV’s partner EFE reports.
Coronavirus 25-03-2021

Commission seeks ‘fairness’ while tweaking vaccine export rules

The European Commission has adjusted its mechanism to control exports of COVID-19 vaccines to seek 'fairness' in the global supply chain, dismissing claims of vaccine protectionism.
25-03-2021

Transatlantic economic ties face ‘rare opportunity’ for reset

US-EU economic relations are poised to bounce back from the COVID-19 pandemic and the tensions caused by the Trump administration, according to a new report by the American Chambers of Commerce.
Global Europe 25-03-2021

Netherlands, Spain lead the way for more EU strategic autonomy

Spain and the Netherlands in a joint call on Wednesday (24 March) urged the EU to ditch unanimity decisions and keep its economy open, as it tries to become more independent of global powers like the US and Asia in...
The European Court of Justice has been asked to clarify whether Germany's competition authority can order Facebook to put a halt to its data collection practices, due to concerns over alleged abuse of its dominant position and violations of EU data protection law.  
Data protection 24-03-2021

German legal dispute over Facebook data use sent to European Court of Justice

The European Court of Justice has been asked to clarify whether Germany's competition authority was right to order Facebook to halt its data collection practices, due to concerns over alleged abuse of its dominant market position and violations of EU data protection law.
24-03-2021

Changing environment: the green future of European regions

  The European Regional Development and Cohesion funds, the classical tools of the EU’s cohesion policy, will disburse €242.9 billion euros during the 2021-2027 period, 30% of which will go to greening. In this episode we discuss how the cohesion...
24-03-2021

EU to tighten export rules to stop one-way flow of vaccines

The European Commission will tighten its export guidelines on Wednesday (24 March) to prevent what it sees as an unfair one-way flow of vaccines, according to a draft seen by AFP.