"When we felt fragility around us, we seized the moment to breathe new vitality into our Union. When we had a choice to go it alone like we have done in the past, we used the combined strength of the 27 to give all 27 a chance for the future. We showed that we are in this together and we will get out of this together."
In the second quarter of 2020, still marked by COVID-19 containment measures in most Member States, seasonally adjusted GDP decreased by 11.8% in the euro area and by 11.4% in the EU compared with the previous quarter, according to an estimate published by Eurostat, the EU statistical office.
The latest episode of Real Economy on Euronews looks at what the EU is doing to help the EU economy wake up again after suffering the consequences of the Covid-19 pandemic.
The European Commission has set out strategic guidance for the implementation of the Recovery and Resilience Facility in its 2021 Annual Sustainable Growth Strategy (ASGS).
At a Eurogroup meeting hosted on 11 September by the German Presidency of the EU in Berlin, euro area finance ministers exchanged views on the current economic situation in the euro area, reviewed policy action at the national and European levels and looked at the recovery needs economies may face after the COVID-19 crisis.
In her State of the Union to the European Parliament on 16 September, European Commission President Ursula von der Leyen outlined the EU’s bold new plan for economic revitalisation after the coronavirus pandemic, NextGenerationEU.
This study examines the multiple reasons behind the gender investment gap, with a specific focus on the lack of female investors. It also discusses how InvestEU could stimulate gender-smart financing.
This annual report presents a review of key policy developments and analytical findings in the area of public finances.
An overview of economic developments in candidate and pre-candidate countries.
On 10 July, the Commission welcomed the decision to include the Bulgarian lev and the Croatian kuna in the Exchange Rate Mechanism II (ERM II). It also welcomed the ECB Governing Council's decision on close cooperation with both countries, marking their entry into the Banking Union.
On 9 July, the Eurogroup elected Paschal Donohoe, Minister for Finance and Public Expenditure & Reform of Ireland, as President of the Eurogroup, in line with Protocol 14 of the EU treaties. The new President has taken office as of 13 July, replacing Portuguese Finance Minister Mario Centeno, and will serve a two and a half year term. The first Eurogroup meeting under Paschal Donohoe's presidency is currently planned for 11 September 2020.
AMECO user survey: ECFIN is conducting a short user survey on its Annual Macroeconomic Database AMECO
In its latest episode, Real Economy visits Warsaw, Brussels and Hannover to see what's being done to improve accessibility across Europe for people living with a disability.
On 22 June, Eurostat, the EU statistical office, published the "Sustainable development in the European Union — Monitoring report on progress towards the SDGs in an EU context - 2020 edition".
Registrations are now open for the first digital edition of the Brussels Economic Forum webstreamed live on 8 September 2020.
The European Commission and the European Investment Bank (EIB) Group have delivered on their pledge to mobilise €500 billion in investment under the Investment Plan for Europe, half a year ahead of schedule.
The EU economy will experience a deep recession this year due to the coronavirus pandemic, despite the swift and comprehensive policy response at both EU and national levels.
This paper examines the skills that are needed to take advantage of the possibilities offered by digital technology and suggests that both cognitive and non-cognitive skills exhibit a strong and robust positive correlation with aggregate labour productivity.
The EU economy will experience a deep recession this year due to the coronavirus pandemic, despite the swift and comprehensive policy response at both EU and national levels.
This paper uses a macroeconomic model to analyse the economic impact of the COVID-19 pandemic and its associated containment measures and to quantify the stabilising effects of the economic policy response.
