Economy & Jobs Archives

The Netherlands has never said that European Parliament President David Sassoli should be excluded from talks on the EU's response to the coronavirus crisis, a Dutch spokesperson told EURACTIV.com following a report in Spanish newspaper El Pais.

The economic crisis caused by the coronavirus is also threatening the aviation industry. While Boeing's production of commercial aircraft is virtually at a standstill, Airbus intends to downsize production. EURACTIV's partner La Tribune reports.

EU member states should not have to choose between financing the COVID-19 response, undertaking crucial long-term investments to tackle the climate crisis, and debt sustainability, write Irene Monasterolo and Ulrich Volz.

The strain imposed on Europe's economy as a result of the coronavirus outbreak highlights the importance of agreeing on a global framework for digital taxation, the EU's Economy Commissioner Paolo Gentiloni has said.

Every evening, thousands of Europeans step out of their confinement for a few minutes to applaud the efforts of every health worker involved in fighting COVID-19. The first time I heard it, it gave me a sense of solidarity, shared …

EU countries are nearing an economic rescue plan for European countries worst hit by the coronavirus outbreak, sources said on Monday (6 April), but not at the level of ambition called for by Italy and Spain.

European leaders battling a deadly coronavirus outbreak are facing the "biggest test" to their union, Germany's leader said Monday (6 April), as the United States braced for what authorities warned would be its hardest week in living memory.

More than 400 founders and leaders of Belgian start-ups have launched a call on the country's federal and regional governments to support startups and scaleups with additional government aid to avoid their decline during and after the coronavirus pandemic.

The European Commission has approved a series of multi-billion-euro state support packages for Greece, Poland and Portugal to help soften the economic impact of the coronavirus through grants and loan guarantees.

Today, the European Union is being hit by a symmetrical shock caused by COVID-19. This renders the instruments developed to address the 2008 financial crisis as unfit for purpose, write Iratxe García and Paul Tang.

EU Member States and the European Commission should "thoroughly analyse the experiences gained from the COVID-19 pandemic" in order to inform future policies across the entire spectrum of the digital domain, leaked Council documents seen by EURACTIV reveal.

Europe needs debt mutualisation and a common Marshall plan to recover from the coronavirus pandemic, Spanish Prime Minister Pedro Sánchez told German newspaper Frankfurter Allgemeine Zeitung.

Confirmed coronavirus cases in Portugal pushed past the 10,000 mark on Saturday (4 April), while government data showed more than half a million Portuguese workers were at risk of being temporarily laid off due to the outbreak.

The European Commission proposed numerous changes to its cohesion policy rulebook on Thursday (2 April) in order to draw €37 billion of unused funds to finance various measures during the coronavirus pandemic. But these measures can only help to a limited extent. EURACTIV Germany reports.

Thousands of foreign prostitutes working in Germany have been made homeless after brothels closed due to the coronavirus outbreak and borders snapped shut, making it difficult for them to return home.

Germany's economy has gone into artificial hibernation to stop the spread of the coronavirus. Initial forecasts suggest this will be expensive but opinions about the extent vary widely. In an interview with EURACTIV Germany, the head of the German Institute for Economic Research (DIW), Marcel Fratzscher, explains the limitations of economic forecasts.

The coronavirus pandemic has caused a rapid transformation of the workplace at a time when digitalisation and the Green Deal were beginning to restructure entire industries. In an interview with EURACTIV, trade unionist Karin Erhard describes how workers should go forward in these uncertain times and how a strong system of codetermination can help chart the way.

Insurers and reinsurers in the EU should temporarily suspend dividends and share buybacks, and consider postponing bonuses as well to ensure continuity in services during the coronavirus pandemic, the bloc's insurance regulator said on Thursday (2 April).

The Slovenian parliament on Thursday (2 April) approved measures worth about €3 billion, or 6% of GDP, to help companies and individuals overcome the coronavirus epidemic.

Germany will allow foreign workers into the country to help harvest fruit and vegetable crops on farms, the government said on Thursday (2 April), relaxing previous travel restrictions imposed to combat the new coronavirus.

With more than 800,000 jobs lost in March, Spain’s labour market has suffered its worst month on record due to the coronavirus, the Spanish government said on Thursday (2 April). EURACTIV's partner EFE reports.

As the coronavirus outbreak confines millions of Europeans to their homes, others still show up every day to perform jobs too often undervalued -- from truck drivers and checkout clerks to security guards and street sweepers.