The response to the COVID pandemic is opening up a yawning economic divide between the world's wealthy and poor countries, particularly African nations, who lack the budgetary firepower to finance stimulus measures, writes Edwin Ikhuoria.
The EU's decision to only allow people to travel to the region if they are fully vaccinated with a European Medicines Agency (EMA) recognized COVID-19 vaccine is discriminatory and puts vaccine uptake at risk, writes Thabani Maphosa.
The European Union is set to become the continent’s largest supranational bond issuer within the next five years as a result of its SURE and NextGeneration programmes, aimed at helping the bloc’s economies recover from the damage caused by the COVID–19 pandemic.
A draft decree from the Italian government that would accelerate public works in line with rules for claiming European Union pandemic recovery funds has prompted strike threats from trade unions and raised dissent within the ruling coalition.
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.
Prime Minister Mario Draghi called on Italians on Wednesday (17 February) to pull together to help rebuild the country following the coronavirus pandemic and promised his new government would introduce sweeping reforms to revitalise the battered economy. In his maiden...
President Joe Biden will hold his first event with other leaders from the Group of Seven nations on Friday (19 February) to discuss the coronavirus pandemic, the world economy and dealing with China, the White House said.
Serbia plans to spend about €2.5 billion in loans and subsidies to businesses and payments to pensioners and other citizens to help them cope with the economic impact of the coronavirus, President Aleksandar Vučić said on Tuesday (26 January).
Officials in President Joe Biden’s administration tried to head off Republican concerns that his $1.9 trillion pandemic relief proposal was too expensive on a call with Republican and Democratic lawmakers.
Italian Prime Minister Giuseppe Conte survived a vote of confidence Tuesday (19 January) but failed to secure an overall majority in parliament, leaving his ruling coalition severely weakened as it battles the coronavirus pandemic.
The draft of Germany's recovery plan promises that 80% of the EU recovery funds will go to climate protection and digitalisation, well above the EU's requirements. However, Green MEP Sven Giegold has complained that only a quarter will go to future investments and most of the money is earmarked for old projects. EURACTIV Germany reports.
Official data Thursday (14 January) are expected to show that the German economy weathered the pandemic better than many nations last year, partly thanks to its resilient manufacturers, but a virus resurgence is fuelling concern for 2021.
Prime Minister Giuseppe Conte faced a cabinet showdown on Tuesday (12 January) with a small coalition partner that could bring down his government and unleash political chaos on Italy as it struggles to contain the COVID-19 pandemic.
Poland's ruling coalition appeared to be descending into open conflict on Sunday (6 December), the eve of a make-or-break week for the European Union's €1.8 trillion 2021-2027 budget and coronavirus recovery fund.
Hungarian Prime Minister Viktor Orbán has threatened to veto an EU accord linking the bloc's long-term budget to a mechanism requiring countries to uphold Europe's democracy rules, according to an EU source on Sunday (8 November).
The European Central Bank is expected to resist pressure to unveil fresh stimulus measures on Thursday (29 October) but it will likely pave the way for action in December as fresh restrictions aimed at containing the coronavirus pandemic fuel fears over a new recession.
Over half the small and medium-sized companies which together provide jobs for two-thirds of European workers fear for their survival in the coming 12 months, according to a survey released by management consultancy McKinsey on Thursday (22 October).