About: coronavirus economic response

Politics 22-10-2020

Coronavirus second wave prompts virtual EU summit

European Union leaders will hold a video-conference next week to discuss how to better cooperate against the COVID-19 pandemic as infections rise, European Council President Charles Michel said on Wednesday (21 October).
Economy & Jobs 13-10-2020

Lagarde warns against virus support ‘cliff edge’

European Central Bank president Christine Lagarde warned governments on Monday (12 October) against pulling pandemic support schemes too quickly as eurozone economies struggle to recover from the coronavirus crisis.
Economy & Jobs 24-09-2020

UK unveils new German-style job subsidy scheme

Boris Johnson’s government unveiled on Thursday (24 September) a massive new financial support package for businesses and employees, modelled on Germany’s ‘Kurzarbeit’ scheme, as the UK economy braces for six months of hardship from the second wave of the COVID-19 pandemic.
Future EU 22-09-2020

Orbán’s attempt at blackmail

Hungarian Prime Minister Viktor Orbán is blackmailing the rest of the European Union, but MEPs and EU leaders must call his bluff to hold up the COVID-19 recovery fund if rule of law criteria are included. This may be the EU's last chance to crack down on his rogue regime. writes Csaba Molnár.

Commission must issue green bonds to finance the green recovery

The European Commission has a unique opportunity to issue green bonds to finance the EU's coronavirus recovery plan and ensure overall investment coherence with the Green Deal, write Pascal Canfin and Bas Eickhout.

Gas and nuclear industries fight to the end for ‘green’ EU investment label

The gas and nuclear industries have ramped up lobbying to secure last-ditch changes to European rules defining which investments are sustainable, fearing that exclusion from a new “green” list could deprive them of billions of dollars of funding.
Politics 24-08-2020

Can the EU avoid further clashes with the German Constitutional Court?

The row between the European Court of Justice and Germany’s Constitutional Court calls for a solution to be found to solve future clashes. José Luís da Cruz Vilaça proposes setting up an alert mechanism, similar to the one available to national parliaments.  
Future EU 20-08-2020

Behind medieval walls, Macron and Merkel to chart Europe’s course

Germany's Angela Merkel and France's Emmanuel Macron meet on Thursday (20 August) in a medieval island fortress in the Mediterranean to chart the next steps for a partnership that is the driving force behind the European Union.
Economy & Jobs 18-08-2020

Draghi: Only ‘good’ debt can save Europe’s economy

Former European Central Bank chief, Mario Draghi, called on European governments on Tuesday (18 August) to ensure the colossal amounts of debt countries are running up in the wake of the coronavirus pandemic are invested in upgrading their economies.
Economy & Jobs 10-08-2020

Italy seeks €28.5 billion in EU’s SURE unemployment aid

Italy has asked the European Union to tap its SURE unemployment scheme for €28.5 billion after extending furlough support to help the economy withstand the hit from the COVID-19 crisis.
Economy & Jobs 07-07-2020

Europe’s need for an investment plan sustaining its future

The EU should to co-finance independent investments with equity in growth enterprises by guaranteeing public funding as pooled at EU level, write Christian Motzfeldt, Erika Mann and William Stevens.
Economy & Jobs 24-06-2020

Macron says EU virus package ‘advancing’, in talks with Dutch PM

French President Emmanuel Macron said talks on a EU coronavirus recovery fund were "advancing" Tuesday (23 June) as he met Dutch Prime Minister Mark Rutte, a key holdout against the plan.
Economy & Jobs 23-06-2020

Macron to discuss EU rescue plan with ‘frugal’ Dutch

French President Emmanuel Macron will visit the Netherlands Tuesday (23 June) for talks with Prime Minister Mark Rutte on a massive EU coronavirus recovery fund that has met with Dutch resistance.
Economy & Jobs 19-06-2020

Portugal pushes ahead with plans for state-owned development bank

Portugal's government approved on Thursday (18 June) plans to create a state-owned development bank to channel funds into certain companies and sectors to bolster the economy.
Development Policy 18-06-2020

Developing countries need grants not more debt to recover from the Covid-19 crisis

Piling on more debt on to the shoulders of developing countries will not help them recover from the Covid-19 crisis, write Isabelle Brachet and Maria Jose Romero.
Botswana 18-06-2020

Botswana’s virus food prep puts long-term plans on hold

“Botswana has not been spared by the wave of COVID-19,” says Jimmy Opelo, Permanent Secretary at Botswana’s agricultural ministry, who revealed how his country has had to change its tack on farm policymaking due to the pandemic.
Economy & Jobs 17-06-2020

German finance minister defends borrowing for economic stimulus package

For once, Germany is not shying away from debt to overcome a crisis. With the second supplementary budget, the state's additional borrowing due to the coronavirus is raised to a total of €218.5 billion. But criticism is coming from the German Taxpayers' Federation. EURACTIV Germany reports.
Economy & Jobs 17-06-2020

Conte reassures EU that virus recovery funds will be spent wisely

Italian Prime Minister Giuseppe Conte on Tuesday (16 June) sought to reassure Europe that forthcoming coronavirus recovery funds would be spent wisely to revive the battered economy after a crippling lockdown.

A warning from Bulgaria: Corruption channels are ‘eagerly awaiting’ big EU money

Experts and opposition-minded politicians warned during an online conference on Monday (January 15th) of a "huge" risk of corruption in connection with the generous funds the European Commission has proposed to mobilise in response to the coronavirus crisis.
Economy & Jobs 12-06-2020

Freelance interpreters denounce ‘humiliating’ offers by EU institutions

With no practical solution on the horizon, freelance interpreters in the European institutions, stranded in the wake of the COVID pandemic, are continuing protests in the hope of improving their status. EURACTIV Bulgaria keeps following the story as it unfolds.
Climate change 12-06-2020

Carbon emissions in ‘surprisingly rapid’ surge post-lockdown

Busier roads are to blame for the upsurge in carbon emissions as workers shun public transport. EURACTIV's media partner, The Guardian, reports.
Economy & Jobs 12-06-2020

Visegrad leaders call for ‘fair’ EU recovery fund

Four central European prime ministers called for a "fair" distribution of the EU's massive recovery fund on Thursday (11 June), at what has been dubbed the bloc's first major face-to-face political meeting since the coronavirus lockdown.
Future EU 11-06-2020

Visegrad leaders hold first face-to-face talks of virus crisis

Masks and gloves will be the order of the day when the prime ministers of four ex-communist countries on Thursday (11 June) hold the first major face-to-face meeting of European leaders since the coronavirus crisis.
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Digital 10-06-2020

How a truly digital approach can accelerate the post-Covid economic recovery

When I presented our annual results last month, I spoke about the speed of our business continuity planning amid the Covid pandemic. This allowed us to focus on a comprehensive 5-point plan to support our customers and society in this...
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