“The last crisis showed us the implications of an incomplete currency union. And that's why the first key action that we commit to today is to complete the Banking Union and make further significant progress on the Capital Markets Union – the latter being even more important post-Brexit.”
Meeting by video conference on 18 January, euro area finance ministers held a thematic discussion on macroeconomic imbalances in the euro area on the basis of a technical note prepared by the Commission.
This edition of the EBCI takes a closer look at the results of the autumn 2020 EU investment survey in the manufacturing sector.
This Economic Brief provides a contribution to the better understanding of excess corporate savings.
In 2020, the European Investment Project Portal (EIPP) has reached another milestone with more than 1000 project publications on the Portal.
Vauraus, the Finnish crowdlending platform, is to receive backing from the European Investment Fund (EIF) in the form of a €27.5 million cornerstone investment in its new SME Loan Fund.
The European Commission, on behalf of the EU, disbursed €600 million on 9 December to Ukraine under its COVID-19 related macro-financial assistance (MFA) programme.
The Commission welcomed the political agreement reached between the European Parliament and EU Member States in the Council on the InvestEU Regulation on 8 December.
“This is a good day for Europe. The agreement on the EU budget and #NextGenerationEU will help us provide a strong economic response to the crisis. Citizens and the EU economy need our support more than ever and they need it now.”
At their meeting on 10-11 December, EU leaders reached agreement on the EU’s €1.1 trillion seven-year budget (the Multiannual Financial Framework 2021-2027) and the €750 billion Next Generation EU coronavirus recovery package.
This Economic Brief discusses the role of Central Eastern European economies in international value chains.
This Economic Brief analyses the main drivers of housing prices and examines policy options to improve housing affordability.
This publication collects different experiences of spending reviews. It highlights challenges encountered by practitioners and puts forward possible solutions.
The European Investment Bank (EIB) and the Italian Ministry of Justice have joined forces to curb the reoffending rate of ex-convicts and ensure their smooth reintegration into society through innovative financing and procurement methodologies.
In November 2020, the Economic Sentiment Indicator (ESI) fell markedly in the euro area (-3.5 points down to 87.6) and the EU (-3.6 points down to 86.6).
The European Commission has disbursed €8.5 billion in the third instalment of financial support to five Member States under the SURE instrument.
During a video conference on 1 December, EU finance ministers confirmed their support for new rules by which Member States' tax authorities will automatically exchange information from 2023 onwards on income earned by sellers on digital platforms.
“Since the onset of the pandemic, the Eurogroup has shown our determination to tackle the economic challenges head on, and today's agreement again confirms our unity of purpose. This is a crucial stepping stone in our path to strengthen the Banking Union, and it is an important complement to our efforts in supporting economic recovery.”
During a video meeting of the Eurogroup in inclusive format on 30 November, EU finance ministers agreed to proceed with the reform of the European Stability Mechanism (ESM), to sign the revised Treaty in January 2021 and to launch the ratification process.
In the second session on ‘transition challenges in going grey, green and digital,’ Angela Köppl and Margit Schratzenstaller of the Austrian Institute for Economic Research (WIFO) presented research looking at the kinds of structural changes needed to drive the green transformation and on how stimulus packages can be ‘greened’. Then, Jens Südekom of the Düsseldorf Institute for Competition Economics touched on the ‘just transition’ by presenting a case study on Germany’s plans to phase out the coal industry.
