Economy & Jobs Archives

The European Commission kept its growth forecast unchanged at 1.2% on Wednesday (10 July) but revised downwards inflation to 1.3% for this year and the next, strengthening the case for further monetary stimulus as global economic risks worsen.

Ten days ago, the EU and four Mercosur countries signed a free trade agreement that will cover a market of 780 million consumers. However, diverging opinions on both sides of the Atlantic remain.  EURACTIV's partner, Euroefe reports.

EU finance ministers unanimously decided on Tuesday (9 July) to present one single candidate to succeed Christine Lagarde as Managing Director of the International Monetary Fund.

"A sustainable Europe - a sustainable future". This is Finland's motto to kickstart its presidency in the European Council for the next six months. The Finnish programme seeks to achieve climate neutrality by 2050 at the latest, expand the digital internal market and strengthen military cooperation. EURACTIV Germany reports. 

European ministers and institutions told Germany on Monday (8 July) to increase public spending in order to support the ailing growth in the eurozone, as decision-makers and investors see a growing risk of recession looming on the horizon.

As Japan quits the International Convention for the Regulation of Whaling (IWC) to resume commercial whaling, Joanna Swabe and Matthew Collis urge the European Commission to put pressure on Europe's trading partner to stop killing cetaceans and undermining international law.

The European Commission unveiled five flagship research and innovation “missions” yesterday (4 July), two of which are directly aimed at addressing the climate crisis.

Croatia launched Thursday (4 July) a bid to join Europe's Exchange Rate Mechanism II, the two-year waiting room for eurozone candidates which pegs their currencies to the euro, the national bank said.

While digitalisation offers more flexible forms of work, it can also be a threat to well-being and encroach on work-life balance, policymakers warned during an event organised by EURACTIV.

The European Commission concluded on Wednesday (3 July) that Italy was no longer breaching the EU’s fiscal rules after the government reduced public spending by €7.6 billion in a last-minute effort to escape a sanction procedure.

The nomination of Christine Lagarde as European Central Bank president on Tuesday (2 July) has thrust the International Monetary Fund into an early, unanticipated search for a new leader amid a raging trade war that has darkened the outlook for global growth.

French President Emmanuel Macron defended a huge trade deal agreed by the European Union and four South American countries and warned against "neo-protectionism", as farmers and environmentalists step up their resistance to the accord.

A lawyer by training, Christine Lagarde has been nominated to succeed Mario Draghi as president of the European Central Banck (ECB). The IMF director has an atypical profile, due to her lack of banking experience and question marks over her past. EURACTIV France reports.

The newly-created European Labour Authority (ELA) will take its first steps in October, and there are fears that the ELA will be trapped between the expectations of some member states to step up controls against abuse in cross-border mobility and others who want to focus on providing information and support to fair mobility, argues Marcin Kiełbasa.

Community and belonging - what do these terms mean in an increasingly diverse and identity-focused world? At the Young Europeans' Forum 2019 that took place in Berlin in June, young people discussed what makes a good society and how social cohesion can be promoted at an individual level. EURACTIV Germany reports.

The trade deal recently reached between the EU and Mercosur countries is devastating for European farmers and exposes the bloc’s double standards, Pekka Pesonen, Secretary-General of the EU farmers and cooperatives’ association (Copa-Cogeca), told EURACTIV.com in an interview.

The United States on Monday proposed $4 billion in tariffs on a range of European Union products – including parmesan cheese and Scotch and Irish whiskey – over subsidies for commercial aircraft. The list also includes sausages, hams, pasta, olives and …

The prosperity gap in Europe is widening. Despite the general upswing since the economic crisis in 2008, an increasing number of European citizens are at risk of poverty. At the same time, globalisation and digitisation are changing almost every aspect of our lives.

In an interview with EURACTIV Germany,  Hanno Burmester, founder of the consultancy firm Unlearn, spoke about the widening gap between rich and poor in Europe, the rise of nationalism and whether social cohesion is crumbling.

The European Union and Vietnam on Sunday (30 June) signed a long-awaited free trade deal that will slash duties on almost all goods, an agreement that pushes back against a rising tide of global protectionism and hailed as a "milestone" by Brussels.