About: coronavirus recovery plan

Greek official: Rule of law discussion is ‘bigger than the EPP’

Hungary and Poland's opposition to Brussels' oversight of the rule of law and their vetoes over the long-term EU budget and the coronavirus recovery fund are symptomatic of bigger problems in the EU that go beyond the divisions within the centre-right European People’s Party (EPP), a Greek government official told EURACTIV.
Future EU 16-11-2020

Does Brexit free Europe to seek closer union?

British politicians often speak of Brexit as an opportunity to escape Brussels' shackles but does the divorce also free Europe to go its own way?
Energy 09-11-2020

EU lawmakers set to open door for recovery funds to support fossil gas

On Monday (9 November), MEPs in the economic affairs and budgetary committees will vote on the EU's recovery fund package, but the ban on spending funds on fossil fuels, suggested by the environment committee, will not be in the final agreement.
Economy & Jobs 29-10-2020

ECB to pave way for more stimulus as recession fears grow

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.
Politics 27-10-2020

EU budget deal ‘virtually impossible’ without face-to-face talks

Reaching an agreement over the EU's €1.8 trillion seven-year budget and recovery plan will be "virtually impossible" without face-to-face meetings, warned the German EU Presidency.
Economy & Jobs 22-10-2020

Over half Europe’s small firms fear for survival, survey finds

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).

Lawmakers vote to exclude fossil fuels from EU recovery fund

The environment committee in the European Parliament voted on Monday (12 October) to exclude fossil fuels from support under the EU’s €750 billion recovery fund intended to boost the bloc's economy in the wake of the coronavirus crisis.
Economy & Jobs 08-10-2020

EU governments, parliament edge closer to deal on recovery plan

The European Union edged closer on Wednesday (7 October) to a deal over the bloc's budget and recovery package of €1.8 trillion after national governments offered concessions, but key differences remained.

Medical advice to EU leaders: prevention comes before cure

The EU’s recovery package is the not-to-be-missed opportunity to lead us to a healthier future and should not extend a lifeline to the pollution that is making us sick, writes Peter van den Hazel.
Politics 18-09-2020

For the benefit of youth – for the benefit of inclusion

Funding for Erasmus + should not be sacrificed as the EU gears up for its massive spending plan to combat the economic damage caused by Covid-19, writes Florian Sanden.

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.

1,000 ‘shovel-ready’ projects identified in support of EU’s green recovery

Business consultancy EY has identified 1,000 green projects it says will help Europe recover stronger and more resilient from the economic slump caused by the COVID-19 outbreak.
EU Priorities 2020 24-07-2020

A stronger Commission is not the same as a stronger Europe

It is a dangerous myth to believe that maximising the role of the European Commission is  synonymous with a stronger, wealthier Europe, writes Gunnar Hökmark.
Climate change 23-07-2020

What the European Council on recovery tells us about European climate politics

After five long days and nights of negotiations, European leaders struck a deal on the seven-year EU budget and “Next Generation EU” recovery plans on Tuesday. What did this European Council tell us about the politics of green and resilient recovery in the EU? Jennifer Tollman, Johanna Lehne and Rebekka Popp explain.
Economy & Jobs 22-07-2020

Parliament threatens to withhold consent on budget cuts, potentially delaying recovery plans

The European Parliament will adopt a critical stance against the European Council's recovery plans on Thursday (23 July), opposing cuts to EU-funded programmes in the bloc's long-term budget while also hitting out at the alleged 'weak' nature of rule of law conditionality.

European leaders must embrace the Green Deal for a sustainable recovery

The European Union’s decisions on the economy and the environment have far-reaching impacts. By endorsing the European Green Deal, EU member states can drive positive change for their citizens and with partners worldwide, writes Inger Anderson.

MEPs raise the pressure on EU recovery green spending rules

A cross-party group of lawmakers in the European Parliament – ranging from the far-left to the centre-right – have penned a joint letter calling for the EU’s proposed €750 billion recovery fund to be closely aligned with the bloc’s climate goals.
Economy & Jobs 16-07-2020

ECB to sit tight as EU leaders shape virus recovery plan

European Central Bank governors are expected to refrain from doling out fresh stimulus medicine Thursday, hoping EU leaders will do their bit to shore up the crisis-hit region with a huge coronavirus recovery plan.
Economy & Jobs 15-07-2020

Investing post-COVID: Is a green recovery assured?

As policymakers turn their attention to the economic recovery post-COVID, there is a risk that investments in a green recovery may be side-lined.

EU states spent more on fossil fuels than clean energy during the crisis, new data shows

France, Germany and Italy have collectively spent $44 billion on fossil fuels during the coronavirus crisis, compared to $29 billion for clean energy, according to fresh data released on Wednesday (15 July).

Green budget rules won’t be the hottest potato at EU summit talks

Plans to reserve 30% of European Union spending for climate objectives will not be the hottest topic on the agenda when EU leaders meet on Friday (17 July). And that may be good news for the climate.
Climate change 14-07-2020

EU budget plan falls far short on climate goals, researchers say

A European Commission proposal for the European Union’s long-term budget and recovery fund risks leaving a huge shortfall in the “green” investment needed to meet Europe’s climate goals, researchers said on Tuesday (14 July).
Future EU 13-07-2020

The EU must stop funding illiberalism

Last week, we had the dubious pleasure of witnessing the Hungarian Prime Minister Viktor Orbán team up with his Slovenian counterpart Janez Janša and the Serbian President Alexander Vučić. Their request? Asking to be “left alone”; apparently because they do not wish to be bothered by the European Union’s "cultural Marxism", writes Dacian Cioloș.
Economy & Jobs 08-07-2020

Dutch ‘preachers and salesmen’ lead EU frugality drive

The Netherlands will be at the centre of upcoming talks over European spending on the coronavirus crisis, driven by a mix of traditional Calvinist frugality and political reality, experts say.
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