About: coronavirus recovery plan

Development Policy 29-05-2020

The EU steps up for a more equal post-corona future

The EU's ambitious new budget proposal to drive recovery following the coronavirus pandemic is a good start. But long-term investment will also be needed in health, social protection, and human development, writes Emily Wigens.
Economy & Jobs 28-05-2020

Recovery fund brings EU one step closer to fiscal union

A European Commission plan to issue large amounts of common EU bonds under a coronavirus recovery fund potentially marks the first step towards the euro zone finally getting a region-wide safe-haven asset, investors said.
Politics 28-05-2020

How EU member states reacted to the Commission’s Recovery Fund proposal

Most EU member states have reacted positively to the European Commission’s €750 billion  Recovery Fund proposal, which aims to help the bloc cope with the devastating economic implications of the pandemic.
Economy & Jobs 28-05-2020

Von der Leyen’s other stimulus: A private sector boost of €600 billion

As part of its recovery plan, the European Commission wants to attract €600 billion of additional private investments in order to finance strategic sectors and support viable companies at risk of liquidity shortages in the aftermath of the COVID-19 crisis.

‘Do no harm’: EU recovery fund has green strings attached

The European Union's proposed €750 billion fund to help the bloc recover from the coronavirus crisis will have green strings attached, with 25% of all funding set aside for climate action, the European Commission has said.
Economy & Jobs 27-05-2020

ECB warns virus response could renew fears of euro breakup

A vast fiscal fightback to the coronavirus crisis unleashed by eurozone governments could raise questions about capitals' ability to repay debts and revive the threat of countries exiting the single currency, the European Central Bank warned Tuesday (26 May).
Economy & Jobs 27-05-2020

EU to unveil trillion-euro plan for post-coronavirus recovery

The European Commission will on Wednesday (27 May) unveil a plan to help the EU economy recover from its coronavirus slump with a mix of grants, loans and guarantees exceeding €1 trillion but will have to win over sceptical member states.

French MEP floats ‘win-win’ green compromise on EU budget

A European tax on financial transactions and corporate profits could bring an annual €120 billion to the EU budget and finance a green recovery from the COVID-19 crisis, without asking a penny more from national governments, says Pierre Larrouturou.

Green recovery hinges on the right data

EU policymakers are promoting a green recovery. A public-private agency rating companies’ climate performance would help keep it on track, argue Steven Tebbe and Laurent Babikian.
Economy & Jobs 20-05-2020

Commission defends gradual return to fiscal discipline to avoid ‘mistakes’ of austerity

The European Commission could start controlling deficit and debt levels from next year, once the recession is over. But the road to balancing public accounts again will avoid the “mistakes” of the last crisis, the institution said on Wednesday (20 May). 
Global Europe 20-05-2020

COVID-19: What next for the Mediterranean?

The Euro-Mediterranean region needs to build its own development strategy in response to the coronavirus crisis, writes Nasser Kamel.

LEAKED: Europe’s draft ‘green recovery’ plan

The European Commission’s promised green recovery plan will focus on building renovation, renewables and hydrogen as well as clean mobility and the circular economy, according to a leaked working document obtained by EURACTIV.

The EU’s state aid regime is upside down

The European Commission’s approach to state aid is contradicting green recovery ambitions. While the EU recovery programme is focused on the Green Deal, national subsidy schemes are pouring money all across the economy without clear ecological focus, writes Claude Turmes.
Economy & Jobs 20-05-2020

EU recovery funds will come with strings attached 

The EU’s unprecedented stimulus to recover from the COVID-19 pandemic will come with certain conditions which should reflect the extraordinary nature of this crisis and the European goals, senior MEPs and diplomats have said

EU climate neutrality is essential, or recovery will be short-lived

A growing number of businesses have recognised the economic benefits of the transition to a carbon neutral economy. It is now critically important that Europe commits to strengthening the Green Deal with a 55% greenhouse gas reduction target for 2030, write Eliot Whittington and María Mendiluce.

Business giants call for science-based green economic recovery

More than 150 business giants, including Carlsberg, H&M and Pernod Ricard, with a combined market capitalisation of more than $2.4trn, have signed a joint statement calling on all governments to align coronavirus economic responses to climate science. EURACTIV's media partner edie.net reports.
Economy & Jobs 19-05-2020

Merkel and Macron roll out €500 billion COVID-19 recovery initiative

German Chancellor Angela Merkel and French President Emmanuel Macron announced their joint proposal for a €500 billion European recovery programme following a virtual conference on Monday (18 May). The initiative seeks to bring Europe out of the crisis “united and in solidarity,” and prepare the EU for future challenges. EURACTIV Germany reports.

No industry support without a commitment to cleaner production

While there is strong claimed support for a 'green' recovery from the European Commission, the European Parliament and key member states like Germany, the devil is in the detail, write Doreen Fedrigo and Camille Maury.
Economy & Jobs 15-05-2020

An EU ‘Marshall Plan’ for training and education

In an open letter to EU leaders, civil society activists led by Raphaële Bidault-Waddington and, Marie-Hélène Caillol explain why an EU ‘Marshall’ Plan for training and education is need to avoid socio-economic collapse.
Climate change 15-05-2020

Beware of jobs vs. climate clash in virus aftermath, EU warned

Governments in Europe and beyond should pay “utmost attention” to avoid a “jobs versus climate” confrontation in the recovery phase from the COVID-19 crisis, said Fatih Birol, the executive director of the International Energy Agency (IEA).
Youth unemployment
Coronavirus 14-05-2020

A ‘marathon’ needed to avoid a mental health pandemic

As the infection and death rates from coronavirus continue to decline across Europe, policy makers are beginning to take stock of the widespread impact of the pandemic on mental health.
Economy & Jobs 14-05-2020

EU Parliament to ask for ‘massive’ €2 trillion corona recovery package

The European Parliament will demand a €2 trillion recovery package to counter the economic fallout of the COVID-19 crisis in a resolution to be voted on Thursday (14 May) by the  assembly's five biggest political groups. 
Economy & Jobs 14-05-2020

Von der Leyen unveils details of EU’s upcoming COVID-19 recovery plan

European Commission president Ursula Von der Leyen shed some light on her upcoming COVID-19 recovery plan in the European Parliament on Wednesday (13 May) but did not unveil the size of the updated EU budget that will underpin the plan. 

Europe needs mandatory non-financial reporting to underpin COVID recovery

With a public consultation in progress for the Non-Financial Reporting (NFR) Directive, the EU Commission has an opportunity to lead the world in refocussing corporate efforts in a post-COVID-19 world, writes Carol Adams.
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