Economy & Jobs Archives

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.

  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 policy contributes …

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.

The European Commission is on track with plans to present a digital tax by June despite recent progress at the level of the Organization for Economic Cooperation and Development (OECD), the Commission's Executive Vice-President Margrethe Vestager has said.

The current political debate on industrial policy lacks an honest acknowledgement of how much is already decided – from EU recovery budgets to the 2030 climate targets, write Sandrine Dixson-Declève and Janez Potočnik. Sandrine Dixson-Declève is the president of The Club …

The European Commission is set to propose legislation making it compulsory for companies to ensure that their supply chains are free of human rights and environmental abuse and corruption. And the direction of the debate among national and EU lawmakers, and among companies, is only going one way, says MEP Heidi Hautala.

The coronavirus pandemic has instigated fears of economic uncertainty among various economic actors, including among consumers, distributors, and industry. However, the latest Eurostat figures show that confidence among economic actors is more or less holding up despite the health crisis.

Universities should promote interdisciplinary thinking, engagement in public debates and applied research to support meaningful policymaking, experts and lawmakers told a recent EURACTIV event.

Approximately thirty Spanish companies hit economically by the COVID-19 crisis have asked for bailouts between €3 and €3.3 billion from the government in order to survive and remain competitive, EURACTIV’s partner EFE reports.

The European Commission will force companies to "get serious" about due diligence and non-financial reporting as it prepares to table key legislation in the coming months.

The European Court of Auditors is examining almost half a billion euro worth of contracts the European Commission has concluded with external consultants to assess whether there is fair value for money in the contracts, a spokesperson of the institution told EURACTIV on Thursday (18 March).

The EU Parliament's regional development committee has discussed the details of the EU's €5 billion Brexit Adjustment Reserve, with lawmakers calling for the fund to be implemented as soon as possible. EURACTIV France reports.

Gender equality is a core value of the EU, a fundamental right and key principle of the European Pillar of Social Rights.

European Council President Charles Michel wants to see regions more involved in the current European processes, particularly in the drafting of national recovery plans and the Conference on the Future of Europe. EURACTIV Germany reports.

The competitiveness of European businesses is at risk if EU introduces unilateral public country-by-country reporting, writes Krister Andersson.

The Spanish government will allocate about €10 billion of the total EU ‘post-COVID-19’ recovery funds approved for the Iberian country, to combat rural depopulation. EURACTIV's partner EuroEFE reports.

The new EU trade strategy unveiled by the European Commission contains much to be welcomed, but not much that is new, writes Isabelle Brachet.

The Commission is working on a legislative proposal for a European due diligence for supply chains.

The European Commission is by the end of the year set to propose new rules subjecting companies to stricter controls in a bid to encourage them to ensure suppliers respect human rights and do not harm the environment.

Uber on Tuesday (16 March) said it is granting its UK drivers worker status, with benefits including a minimum wage – a world first for the US ride-hailing giant.

Europe's top court ruled on Monday (16 March) that Polish and Hungarian taxes on turnover targeted by the EU Commission for giving an unfair advantage to small businesses over their bigger, foreign rivals were legal.

The European Commission is set to table a draft law by the end of June that will require companies to ensure that their supply chains are free of human rights and environmental abuse and corruption. That follows years of campaigning by EU lawmakers and civil society groups, and a shift in attitude from much of the business community. This event report looks at what is likely to be in the legislation and the challenges ahead.

Eurozone finance ministers said Monday (15 March) they would not tighten spending given the continuing pandemic in Europe, but warned that soaring debt levels would eventually have to be fixed.