About: Recovery Fund

Economy & Jobs 04-03-2021

EU unemployment reinsurance scheme falls off Commission’s radar 

An EU reinsurance scheme to support national unemployment benefits was not part of the European Pillar of Social Rights Action Plan presented on Thursday (4 March), although the European Commission has been supportive of the idea.
Aviation 19-02-2021

Aviation sustainability and concerns over the implementation of the recovery fund

  In the first edition of EURACTIV’s Yellow Room, we are talking about the European airline industry’s sustainability plan to achieve carbon neutrality by 2050. The aviation sector is facing the double challenge of coming up with alternative fuel solutions...
Economy & Jobs 16-02-2021

Investors ‘concerned’ about EU recovery fund rollout, warns ESM chief

EU’s recovery funds could start flowing to member states before summer. Still, investors are “concerned” about the speed of the implementation of the EU’s joint stimulus, the European Stability Mechanism said on Monday (15 February).
Economic governance 27-01-2021

EU’s Gentiloni calls for greater involvement of unions in recovery plans

The economic crisis caused by COVID-19 could turn into a “social crisis”, the EU's economic  affairs commissioner Paolo Gentiloni has warned, calling for greater involvement from trade unions in the elaboration of national recovery plans. 
Economy & Jobs 21-01-2021

Sanchez praises EU unity, insists Spain will implement COVID recovery funds

Unity at the national and EU level will be key for Spain and Europe to overcome the unprecedented challenges posed by the pandemic, Spanish Prime Minister Pedro Sánchez has said, adding that his government would successfully implement the €140 billion from the EU for the country's pandemic response and recovery.
Economy & Jobs 30-12-2020

2021: Build back to the future

The EU will double down on its efforts to use the Covid-19 crisis to accelerate the ‘Green’ and digital transitions, fuelled by its €1.95 trillion stimulus, an intense policy agenda and new trade opportunities to improve its global standing.
Economy & Jobs 10-12-2020

EU leaders unlock historic €1.8 trillion budget deal

EU leaders accepted on Thursday (10 December) the compromise reached between Germany and Hungary and Poland to unblock the EU budget package totalling €1.8 trillion, after the European Commission clarified that the Rule of Law mechanism will be valid from 1 January.
Economy & Jobs 10-12-2020

EU leaders to decide on compromise to unblock EU budget package

EU leaders will discuss on Thursday (10 December) whether to approve the compromise negotiated by the German presidency to drop Hungary and Poland’s vetoes to the EU budget deal, postponing of the Rule of Law mechanism until EU judges validate it.
Economy & Jobs 07-12-2020

EU gives Hungary and Poland 24 hours to lift veto

The EU will start preparing a recovery fund against the pandemic without Hungary and Poland unless the two countries lift by Tuesday their veto to the EU budget and the stimulus totalling € 1.8 trillion agreed last July, a senior EU diplomat said.  
Economy & Jobs 02-12-2020

Commission considers options for recovery fund without Hungary and Poland 

The European Commission is assessing options to circumvent Hungary and Poland’s veto to the EU budget and the recovery fund, and could come up with a proposal early next year if their blockade remains, a senior EU official confirmed on Wednesday (2 December).
Economy & Jobs 19-11-2020

Lagarde vows to act ‘with determination’ against second wave

European Central Bank President Christine Lagarde said on Thursday (19 November) that the institution will act "with determination” against the second wave of the pandemic, ahead of the new monetary stimulus she is expected to announce in December.
Economic governance 18-11-2020

Commission green-lights extra spending to avoid double-dip recession 

The European Commission has given its blessing to the draft budgetary plans submitted by the 19 eurozone countries, containing the extra spending to combat the risk of a new recession, but warned about the growing imbalances in many EU economies.
Economy & Jobs 16-11-2020

Hungary and Poland veto stimulus against pandemic 

Hungary and Poland blocked the approval of the EU’s seven-year budget and the recovery fund totalling €1.81 trillion, as both countries continued to oppose the rule of law mechanism attached to the EU funds. 
Agrifood 11-11-2020

EU farming recovery fund to be rolled out from 2021

A provisional agreement has been struck on the rollout of recovery funds in the EU agricultural sector, which will make a total of €10 billion available for farmers from 2021 up until the end of 2022.
Economy & Jobs 04-11-2020

Eurogroup excludes additional EU stimulus against second virus wave

Eurozone finance ministers said late on Tuesday (3 November) that Europe “is now better equipped” to address the COVID-19 crisis and ruled out new joint measures to tackle the second wave of the virus.
Economy & Jobs 03-11-2020

Parliament pushes for easing recovery fund conditionality

The European Parliament will fight to loosen the conditionality required from national governments in order to receive money from the EU recovery fund, according to the negotiating position MEPs will adopt this week.

Green EU funding is decided, now it must be spent wisely, says energy commissioner

30% of the EU's €1.8 trillion budget and recovery plan for 2021-2027 will be made available for the green transition. That amount is no longer up for negotiation and the focus must now shift to spending it well, said Kadri Simson, the EU's energy commissioner.
Economy & Jobs 29-10-2020

Parliament and Council near agreement on rule of law conditionality

The European Parliament and the Council were close to reaching an agreement on Thursday (29 October) on the Rule of Law conditionality attached to EU funds, but they continued to disagree on how to trigger the mechanism.
Economy & Jobs 27-10-2020

Economic support will last ‘as long as necessary’, says Gentiloni

Given the increasing number of covid-19 cases and the risk of a double-dip recession, the support to the European economy will be maintained “as much as is needed, for as long as is needed”, said on Tuesday (27 October) commissioner for Economy, Paolo Gentiloni.
Economy & Jobs 15-10-2020

Sassoli calls for ‘imagination’ to overcome budget negotiations deadlock

European Parliament President David Sassoli asked EU leaders on Thursday (15 October) to increase their financial contributions to the EU budget and called for “imagination” to make progress on the stalled negotiations.
Economy & Jobs 15-10-2020

Budget battle heats up as negotiators hit stalemate 

The European Parliament and the Council failed to make any progress on Wednesday (14 October) on the budget negotiations and accused each other of presenting misleading figures of the additional funds requested for the EU’s long-term budget.
Economy & Jobs 18-09-2020

No progress on EU’s long-term budget negotiations

EU member states and the European Parliament continued to disagree on Friday (18 September) on whether to increase the Union’s long-term budget, complicating attempts to reach a quick agreement on the badly needed recovery fund for the member states.
Economy & Jobs 18-09-2020

It is optimistic to expect recovery funds by mid-2021, says EU official

The approval process for the EU’s €750 billion recovery funds may take longer than foreseen, and it would be optimistic to expect the first disbursements by mid-2021, an EU official said on Thursday (17 September).
Economy & Jobs 08-09-2020

Finance ministers to discuss fiscal dumping inside the EU at Berlin meeting

EU finance ministers will discuss how to combat harmful tax practices within the EU during their informal meeting in Berlin this weekend, according to the German presidency's preparatory documents seen by EURACTIV. 
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