About: Paolo Gentiloni
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).
Commission proposes gradual lifting of borders, in bid to save Europe’s summer
The European Commission on Wednesday (13 May) set out plans for a phased restart of travel this summer, proposing a gradual lifting of borders in an attempt to kick start a tourism sector hit hard by the COVID-19 pandemic.
EU proposes scrapping usual conditions for ESM use in virus battle
The European Commission on Thursday (7 May) proposed scrapping the usual conditions for countries using the eurozone’s bailout fund as they try to revive their economies hit by the coronavirus epidemic. The proposal may make the fund more palatable for...
Coronavirus will trigger the deepest recession in EU history
The economies of EU countries will shrink by 7.4% this year as the coronavirus crisis is set to cause the worst recession in the bloc’s history, according to the European Commission's spring forecast presented on Wednesday (6 May), which also foresaw a significant rebound in 2021.
EU recovery fund should hit €1.5 trillion, Gentiloni says
The European Union's proposed coronavirus recovery fund to help repair the massive economic damage caused should total around €1.5 trillion, EU Economic Affairs Commissioner Paolo Gentiloni said Wednesday (29 April).
Poland proposes ‘Netflix Tax’ amid calls for broader digital levy
Poland will introduce a 1.5% levy on the revenue of streaming platforms including Netflix and Amazon, its finance minister said on Wednesday (29 April). The proposal comes as calls mount for a broader taxation on the operation of digital giants in Europe as a means to mitigate the economic fallout from the coronavirus.
Spain and EU Commissioners call for common European debt instruments
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.
Debts can be returned unlike human lives, Tsipras says
Human lives do not come back unlike public debts which can be returned, former Greek Prime Minister Alexis Tsipras wrote in an op-ed for Le Monde.
Brussels’ anti-climate-dumping quest in the spotlight
EU trade and industry ministers weighed into a discussion on a carbon border tax on Thursday (27 February), as the bloc’s internal market chief said the tariff will be ready to deploy “as soon as possible”.
G20 finance heads wrap up Riyadh meeting overshadowed by virus outbreak
Finance leaders of the world's top 20 economies wrapped up their two-day meeting on Sunday (23 February) in Riyadh that was dominated by growing concern over the widening fallout from the coronavirus outbreak.
EU leaves economic forecast unchanged despite risks
The European Commission kept unchanged its economic forecast for moderate eurozone growth for this year and 2021 despite the impact of looming risks, especially the coronavirus.
France ready to take Trump’s tariff threat to WTO
France is ready to go to the World Trade Organization to challenge US President Donald Trump's threat to put tariffs on champagne and other French goods in a row over a French tax on internet companies, its finance minister said on Sunday (8 December).
Eurogroup fails to move forward on eurozone reform
EU finance ministers failed to reach an agreement on Wednesday (4 December) on the reform of the EU's bailout fund and move to political discussions on the European Deposit Insurance Scheme ahead of the Euro summit next week.
Maturing businesses look to SDGs, Paris Agreement for green guidance
Greener business models are starting to gain in popularity, as environmental legislation starts to bite and company heads decide their balance sheets will look healthier in the long-run if they embrace change.
Ex-finance minister: Gentiloni’s SDG-oversight will be ‘key’
Italy's former finance minister Domenico Siniscalco insists that sustainable finance is going from strength to strength and that it will hold the key to effectively combating climate change. He also believes that compatriot Paolo Gentiloni will play a crucial role.
Gentiloni wins broad approval with ‘ambitious’ EU economic and social agenda
Paolo Gentiloni won the European Parliament's approval on Thursday (3 October) to become EU Commissioner for the Economy, with ambitious plans to unblock tax proposals and to design the European unemployment reinsurance scheme.
Gentiloni picks Buti as head of cabinet
The Commissioner-designate for economy, Italian Paolo Gentiloni, has picked director-general of ECOFIN, Marco Buti, to become his head of cabinet, three sources confirmed to EURACTIV.com.
EU ready to act alone on digital tax if no global deal in 2020
European Union commissioners-designate said the bloc should agree on a digital tax if no deal on the matter was reached at a global level by the end of next year, ramping up pressure on multinationals accused of paying too little.
Italy’s Conte proposes a ‘pact’ to start honeymoon with Commission
Freshly re-appointed as Italy's prime minister, Giuseppe Conte has meaningfully chosen Brussels and the EU institutions for his first official visit, aiming to lay down weapons and start a new give-and-take relation with the European Commission.
A new team to defend Europe’s economic sovereignty
Achieving a “more assertive” Europe that can improve its competitiveness and sovereignty in an increasingly hostile world. These are the main guidelines of President-elect Ursula von der Leyen to the new College of Commissioners, unveiled on Tuesday (10 September).
Green Deal branded as ‘hallmark’ of new European Commission
"I want the European Green Deal to become Europe's hallmark,” said European Commission President-elect Ursula von der Leyen, as she tasked her second-in-command with overseeing Europe’s goal of achieving climate neutrality by mid-century.
New Italian coalition sworn in, promises ‘not to quarrel with Brussels’
Italy's new government, combining the anti-establishment 5-Star Movement and centre-left Democratic Party (PD), was sworn into office on Thursday (5 September), promising to reset Rome's often fraught relations with Brussels.
Italy repeat election looms as parties still far apart
The prospect of an election re-run in Italy grew today (7 May) as President Sergio Mattarella held a final round of consultations to try to break two months of political deadlock with party leaders still far apart.