Check out our latest coverage in our Economy & Jobs policy hub or follow our latest updates on @eaEconomy By Jorge Valero (@europressos)
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[Economy & Jobs] 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] The €240 billion in ‘cheap’ loans for countries affected by the coronavirus COVID-19 will be available as from 15 May, 15 days ahead of the expected date, European Stability Mechanism (ESM) chief, Klaus Regling, said on Friday (8 May).
[Economy & Jobs] The European Court of Justice is the only legal body able to determine if an EU institution violated bloc law, the Luxembourg-based tribunal said on Friday (8 May), as the fallout from the German Constitutional Court's European Central Bank ruling continued.
[Economy & Jobs] 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.
[Digital] Spain’s plans to tax tech companies’ revenues does not discriminate against any country, a government source told Reuters on Tuesday (2 June) after the United States opened a probe into such taxes or proposals by its various trading partners.
[Botswana] The question of tax avoidance and financial information exchange remains a sore point for EU-African relations, and the European Commission’s annual lists of ‘non co-operative’ countries on tax and money laundering laws have done little to improve the situation.
[World] The EU's chief diplomat, Josep Borrell, rejected on Tuesday (2 June) the idea floated by the White House over the weekend to reinvite Russia to this year's G7 gathering hosted by the US, saying the conditions had not been met.
[Economy & Jobs] A new corporate tax could raise €10 billion a year to help fund stimulus plans while amounting to less than 0.2% of turnover of large companies that benefit from the European Union's single market, the bloc's executive said on Monday (1 June).
[Just transition] Worker participation in the management can be a stabilisation factor in times of crisis, according to a recent study conducted by the Institute for Codetermination and Corporate Governance. EURACTIV has interviewed the co-author and political adviser on the matter, Sebastian Campagna.
[Aviation] The supervisory board of German airline Lufthansa voted on Monday (1 June) in favour of the government's €9 billion aid package, after the European Commission compromised on its conditions for approving the bailout.
[Economy & Jobs] Austria opposes Europe's current €750 billion plan to help economies recover from the coronavirus pandemic and wants to negotiate changes to the proposal, the country's finance minister said on Saturday (30 May).
[Economy & Jobs] European trade commissioner Phil Hogan is considering putting his name forward as a candidate to be the next director-general of the World Trade Organization, his spokesman said on Sunday (31 May).
[Transport] Carmaker Renault said Friday (29 May) that it would cut nearly 15,000 jobs, including 4,600 at its core French operations, as it seeks to steer out of a cash crunch exacerbated by the coronavirus crisis.
[Politics] The UK may be moving closer to trading with the EU on World Trade Organisation terms, but that could carry a major additional economic hit as London faces up to the costs of the coronavirus pandemic.
[Economy & Jobs] EU competition chief Margrethe Vestager said on Friday (29 May) that the European Commission was not creating unnecessary obstacles to Lufthansa's €9 billion bailout, shortly before the carrier agreed to accept the Commission's set of conditions.
[Economy & Jobs] The European Commission is working on a proposal for a new tax on multinationals operating on the single market to finance the recently proposed recovery fund, but the Commissioner for Internal Market, Thierry Breton, told EURACTIV he recommends being "very cautious" rather than too imaginative in picking new levies.
[Aviation] Leading MEPs have asked the European Commission and Council not to seek changes to the UN's global aviation scheme, which is aimed at making the industry carbon neutral. Airlines have requested more leeway to ride out the coronavirus outbreak slump.
[EU-China] Commissioner for Internal Market, Thierry Breton, told EURACTIV.com in an interview that Europe could have been better prepared to face the COVID-19 if China and the World Health Organisation had offered “better and more reliable information earlier”.
[Economy & Jobs] When the Spanish government put the country on lockdown in March to contain the spread of the coronavirus, tourism in the Canary Islands quickly dropped to zero. But the Atlantic archipelago hopes to rebound soon.
[Future of jobs] The coronavirus outbreak is causing major disruptions for those who are outside mainstream educational programs across Europe. While many have managed to turn to distance learning, those not in education, employment or training (NEETs) are even more excluded from support schemes.
[Economy & Jobs] Through the new REACT-EU emergency instrument, cohesion policy will be one of the key elements in the European Commission's proposal for a recovery package, which takes into account that the impact of the COVID-19 crisis has been uneven across the EU.
[Energy & Environment] The European Commission revealed on Thursday (28 May) how individual EU members stand to gain from the newly-fortified €40bn Just Transition Fund. Talks are still ongoing on widening the scope of the fund to more regions that might need green aid.
[Economy & Jobs] Until recently, the German government resisted taking on joint EU debt. Now, Germans are heaping praise on the recovery plan presented today by the EU Commission. EURACTIV Germany reports.
[Economy & Jobs] 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.
