About: Valdis Dombrovskis

Economy & Jobs 23-06-2020

Commission to present ‘strong’ rules for Facebook’s Libra

The European Commission will present later this year new rules to develop a “sound” crypto-asset market in the EU, including for stablecoins such as Facebook’s digital currency Libra, financial services commissioner Valdis Dombrovskis, said on Tuesday.
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). 
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
Economy & Jobs 18-05-2020

New capital markets union strategy to take central role in EU recovery

The European Commission will outline in the autumn a new package of initiatives to deepen the capital markets union, seen as a key tool to relaunch the EU economy in the aftermath of COVID-19, according to an internal document seen by EURACTIV.com.
Economy & Jobs 08-05-2020

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...
Economy & Jobs 07-05-2020

Commission proposes pan-European authority to fight against ‘dirty money’

The European Commission outlined on Thursday a series of proposals to bolster the flawed anti-money laundering system in Europe, including a new pan-European authority, following a series of major scandals in Europe.
Economy & Jobs 21-04-2020

EU Commission will propose ‘borrowing’ to finance recovery plan: Dombrovskis

The EU executive will propose borrowing from the markets in order to finance a recovery plan that will come on top of the EU budget, the European Commission's vice-president for the economy, Valdis Dombrovskis, told EU lawmakers on Monday (20 April). 
Economy & Jobs 14-04-2020

EU could finance €1.5 trillion recovery fund with bonds: Dombrovskis

The European Union could finance a recovery fund worth up to €1.5 trillion with bonds guaranteed by member states, European Commission Vice President Valdis Dombrovskis told German newspaper Handelsblatt.
Economy & Jobs 10-04-2020

Dombrovskis: ‘I could imagine containment costs covered by ESM loans’

Following the Eurogroup’s agreement on the economic response to the coronavirus, European Commission vice-president Valdis Dombrovskis on Friday (10 April) welcomed the €540 billion package in an exclusive interview with EURACTIV.com
Climate change 27-02-2020

Commission lists regions ripe for just transition cash

The European Commission revealed on Wednesday (26 February) which specific parts of the EU are eligible to split a €7.5 billion-strong climate fund, earmarked for spending on cleaning up heavy industry and supporting workers in the fossil fuel industry.
Economic governance 26-02-2020

Dombrovskis: EU’s fiscal rules are flexible for impact of coronavirus

The European Commission will be "flexible" with Italy and other member states affected by the coronavirus when assessing their efforts to balance their public accounts, European Commission vice-president Valdis Dombrovskis said in an interview.
Economy & Jobs 21-02-2020

Bulgaria delays entry into euro ‘waiting room’ until July

Bulgaria has delayed until July its plans to join the ERM2 Exchange Rate Mechanism, also known as the eurozone "waiting room", Prime Minister Boyko Borissov said Friday (21 February).
Economy & Jobs 18-02-2020

EU expands tax heavens blacklist to Cayman Islands and Panama

EU finance ministers added on Tuesday (18 February) the Cayman Islands and Panama, together with Palau and the Seychelles, to the bloc's blacklist of tax havens, which now includes twelve countries.

Question marks raised over scale of EU’s new climate fund

The European Commission finally lifted the lid on its long-awaited just transition plans on Tuesday (14 January) but doubts have already been raised over the amount of funding on offer for the next decade compared to the bloc's Green Deal ambitions.
Economic governance 21-11-2019

EU concerned over France, Italy and Spain debts

Reduction of public debt should be the main priority for France, Italy, and Spain, which have "failed to put their finances in order" during the economic upswing of recent years, the European Commission warned on Wednesday (20 November) at the presentation of the autumn fiscal package.
Economy & Jobs 08-11-2019

EU finance and education ministers hold ‘historic’ meeting to boost skills investment

Ministers for Finance and Education of the EU member states met on Friday (7 November) for the first-ever joint Council with the aim of discussing the importance of education for a strong economy. 
Economy & Jobs 08-10-2019

Commissioner hearings LIVE: Valdis Dombrovskis

On Tuesday (8 October), three executive vice-presidents are lined up for grilling in the European Parliament. This liveblog covers the hearing of Valdis Dombrovskis (Latvia, Economy that Works for People).
Competition 11-09-2019

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).
Economy & Jobs 25-07-2019

More Europe needed to fight money laundering, Commission argues

The EU needs more competences to effectively fight money laundry, Vice-President for the Euro Valdis Dombrovskis and Commissioner for Justice Věra Jourová told reporters on Wednesday (24 July) during the presentation of a series of reports on financial crimes.
EU Elections 2019 27-06-2019

Vestager will stay in Brussels, even without EU Commission presidency

Danish EU Commissioner Margrethe Vestager will stay in Brussels for a second term, the Scandinavian nation’s new prime minister announced yesterday (26 June), even if she fails in her bid to become the next President of the European Commission.

One third of trade unionists voted for the far-right at last EU election

The European social contract is broken and inclusive economic policies should be on the top of the next European Commission's agenda, policymakers said at the Brussels Economic Forum on Tuesday (18 June). 
Economy & Jobs 13-06-2019

Eurogroup to nudge forward EMU reform before next week’s EU summit

EU finance ministers will try to close a deal on deepening the Economic and Monetary Union, including a tentative new budget for the eurozone, during the Eurogroup meeting on Thursday (13 June) in an inclusive format. 
EU Elections 2019 28-05-2019

Will they step down? Five Commissioners elected as MEPs

Five members of the Juncker Commission have been elected as MEPs, the EU executive confirmed on Tuesday (28 May). What remains to be seen is whether they will take their seats in the European Parliament or stay on as Commissioners.
Brexit 02-04-2019

Dombrovskis warns of ‘disruptions’ in case of disorderly Brexit

European Commission Vice-President Valdis Dombrovskis warned on Tuesday (2 April) that UK’s disorderly departure from the EU could cause “disruptions” following decades of financial integration and bring volatility to markets and business operations.
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