About: Paolo Gentiloni Archives

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.

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 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.

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.

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.

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”.

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.

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 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).

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.

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.

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.

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.

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.

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.

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.

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).

"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.

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.

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.

Fearing paralysis after Italy's nailbiting 4 March election, EU officials are quietly working to encourage a "grand coalition" of pro-European parties -- including that of colourful billionaire ex-PM Silvio Berlusconi.

German, French and Italian leaders speaking in Davos have taken the high ground on Wednesday (24 January) to blast past business practices, which have prompted the resurgence of populism and protectionism, and said they were ready to reshape globalisation and correct the mistakes of the past.

The heads of seven southern European states gather in Rome today (10 January) to tackle one of the stubbornest thorns in the EU's side: flows of migrants from war-torn and impoverished countries.

Italy's main political forces began in earnest on Sunday (7 January) to plot strategies for the upcoming general election, as the country's finance minister raised a red flag over political uncertainty in the eurozone's third largest economy.