Economy & Jobs Archives

After Brexit and the global pandemic, a new variant of the coronavirus ravaging the UK has dealt a fresh blow to the emblematic French shipping company Brittany Ferries, which now hopes for help from the French government. EURACTIV France reports.

Shareholders gave their blessing on Monday (4 January) to a merger of carmakers PSA and Fiat Chrysler that catapults the new company "Stellantis" into fourth place globally, as the auto industry races to make the transition to cleaner cars.

Europe will see its biggest transfer of share trading in more than two decades when stock exchanges open for business in 2021, with Brexit shifting its centre of gravity away from London.

The shareholders of France's PSA and US-Italian rival Fiat Chrysler are expected to approve their merger on Monday (4 January), creating the world's fourth-biggest automaker by volume, Stellantis.

African countries began officially trading under a new continent-wide free trade area on Friday (1 January), after months of delays caused by the global coronavirus pandemic.

When 2020 dawned, the global economy had just notched its 10th straight year of uninterrupted growth, a streak most economists and government finance officials expected to persist for years ahead in a 21st Century version of the “Roaring ‘20s.”

After a year scarred by the COVID-19 pandemic, the Portuguese presidency will seek to deliver on a Europe-wide vaccination plan and the National Recovery and Resilience Plans, writes António Costa.

The United States announced Wednesday (30 December)  that it will impose additional tariffs on French and German products as part of a long-running dispute over subsidies for aircraft manufacturers Airbus and Boeing.

The EU will double down on its efforts to use the Covid-19 crisis to accelerate the ‘Green’ and digital transitions, fuelled by its €1.95 trillion stimulus, an intense policy agenda and new trade opportunities to improve its global standing.

Britain on Tuesday (29 December) announced it had signed an £18.6 billion (€20.5 billion) trade deal with Turkey that "lays the groundwork" for a more comprehensive post-Brexit agreement in the future. Ahead of the signing, Turkish President Recep Tayyip Erdogan said …

Europe will see its biggest transfer of share trading in more than two decades when stock exchanges open for business in 2021, with Brexit shifting its centre of gravity away from London.

EU member states gave political backing to Brussels' planned investment pact with China on Monday (28 December), clearing the way for a deal between the world's biggest economic blocs.

The 27 EU member states gave the green light on Monday (28 December) for the post-Brexit trade deal to go into effect on January 1, a spokesman said. Ambassadors from EU capitals met in Brussels to nod through the accord, using …

The European Commission approved a team-up between Italo-American carmaker Fiat-Chrysler and French manufacturer Peugeot on Monday (21 December), but Brussels identified several concerns which the firms have pledged to address.

With the new US administration, Washington has again taken up its role as a guarantor of multilateral system, former EU Commissioner Anna Diamantopoulou who runs for the OECD top job, told EURACTIV.com in an interview. “I think it has become very …

Having undergone a significant transformation that raised its public profile, the European Investment Bank (EIB) is set to occupy an increasing role in bridging development gaps between the EU's regions while raising funds for greening, but public finance watchers warn  …

UK students are set to lose access to the EU’s foreign exchange scheme, Erasmus+, in what will arguably be the biggest Brexit-perpetrated crime. Forget the economics of it, this is wrecking a whole generation’s prospects.

One of the consequences of the development processes in the EU is the growing disparity in cities and urban areas. In Poland, EU projects utilising financial instruments aim to narrow disparities but experts fear that there is still little appetite to use repayable assistance when grants are available.

European regional policy has a special role to play in overcoming the coronavirus crisis, with one of the main new instruments being REACT-EU, a fund which represents an increase of €47.5 billion in structural funds. EURACTIV Germany reports.

Policymakers have started re-thinking the EU strategy for micro, small and medium-sized enterprises (SMEs) that the European Commission unveiled only a few days before the start of the first lockdown all over Europe.

Equity projects remain an under-explored form of EU financing to jump-start innovation in developing capital markets, but Fil Rouge Capital, a Croatian project, shows they can be a fruitful avenue to stimulate the domestic business ecosystem while raising the country's profile internationally.

Eligibility rules imposed by the governing body of professional ice skating are not in keeping with the EU’s competition codex because they unfairly penalise competitors, the EU’s top court ruled on Wednesday (16 December).

A two-day conference of the 54 parties to the Energy Charter Treaty, opening on Wednesday (16 December), will attempt to move forward in reforming the little-known charter, decried by environmentalists for protecting fossil fuel investments and blocking international efforts to curb global warming.

EU employers are ready to switch gear and accelerate the roll-out of the green and digital transitions, writes Stefano Mallia.