Economy & Jobs Archives

Russian President Vladimir Putin put the West on notice that he could terminate exports and deals, the Kremlin's toughest response yet to the sanctions burden imposed by the United States and allies over the Russian invasion of Ukraine.

As the term of the current managing director of the European Stability Mechanism (ESM) Klaus Regling draws to a close in October 2022, four men have been proposed by their government to succeed him.

Recent studies suggest that much needs to be done in the EU if private capital markets are to play a role in financing the green transition.

This week in our Beyond the Byline podcast we are focusing on how companies are implementing initiatives to boost gender equality on corporate boards and in decision-making positions. Listen to our special guest Hedwige Nuyens, chair of European Women on …

Brexit has been disastrous for EU-UK trade, but one unexpected beneficiary is the port of Antwerp which has seen its share of UK trade increase on the back of a transition away from rail shipping.

Inflation in Germany rose at its fastest pace in four decades, data published Thursday (28 April) showed, as Russia's invasion of Ukraine pushed up energy prices.

The European Commission on Thursday (28 April) warned buyers of Russian gas they could breach sanctions if they converted gas payments into roubles, as officials struggled to clarify the EU's stance on Moscow's payments scheme, which has sowed confusion in the bloc.

Leaders of European cities and towns are moving to support Ukrainian local and regional  authorities through peer to peer schemes as sub-national leaders look to rebuild the war-torn country.

The UK government has decided not to impose customs checks on EU imports until the end of 2023, in a major policy U-turn announced on Thursday (28 April).

On Wednesday (27 April), the EU Commission presented its proposals for a legal migration package that should make it easier for EU companies to find workers from third countries and should protect migrants from abusive labour practices.

The European Commission proposed on Wednesday (27 April) scrapping for one year all EU tariffs and quotas on products imported from Ukraine, in a bid to support the Ukrainian economy that is suffering heavy losses due to the ongoing Russian invasion.

The European Commission has started the procedure against Hungary because of long-standing concerns over persistent misuse of EU funds in the country, the institution announced on Wednesday (27 April).

In a speech in New York, a member of the European Central Bank's executive board criticised crypto finance for its lack of transparency and the risks it poses to financial stability, describing crypto-assets as "speculative assets that can cause major damage to society" and calling for a faster and more stringent regulation.

Strengthening the cultural elements and a focus on innovation-driven projects are the driving forces for Malaga’s future after the pandemic, Mayor Francisco de la Torre told EFE in an interview.

The current rise in inflation is being driven by a rise in fossil fuel prices, and a tightening of the monetary policy by the European Central Bank (ECB) would not help against high prices and might even come at a great cost to the economy, argues Ernest Urtasun.

The European Union is preparing "smart sanctions" against Russian oil imports, The Times reported on Monday (25 April), citing the European Commission's executive vice-president, Valdis Dombrovskis.

With the EU’s plan for Ukraine’s recovery in the making, the president of the European Investment Bank (EIB) Werner Hoyer warned that the country’s reconstruction will require huge investments from both public budgets and private capital.

The war in Ukraine has shown the limitations of the decades-long German approach of seeking to change Russia through trade and spells the end of globalisation as we know it, the European Economic Commissioner Paolo Gentiloni said on Thursday (21 April).

While Russia's invasion of Ukraine rages on, a group of renowned economists have devised a plan to reconstruct Ukraine after peace returns. The amount of money and planning needed is daunting, but maybe the EU can learn something from this as well

Switching to quality gastronomy combined with greening measures in restaurants will be key factors in reviving the Czech hospitality industry in the post-pandemic era, as tourists have now become more demanding in several aspects, Czech restaurants owners have told EURACTIV.cz.

Greece’s conservative New Democracy government has decided to increase the minimum wage to €713 before taxes from €663. However, opposition and labour unions said it was “peanuts” unable to cover rising prices.

Top officials from the EU, Britain, the United States and Canada walked out on Russia's representatives at a Group of 20 meeting on Wednesday (20 April) and many members spoke to condemn Moscow's war in Ukraine.

The EU Commission opened a month-long consultation period for stakeholders and citizens to voice their opinions on a new tool that aims at securing the functioning of the single market in times of crisis.