An overview of the 2020 Stability and Convergence Programmes of EU Member States and an assessment of their implications for the euro area’s fiscal stance.
This economic brief documents patterns in income inequality, wealth inequality and intergenerational inequalities in the Netherlands.
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Several outstanding projects have been selected to be promoted by the European Commission.
EIPP covers now more than 1000 projects across all EU Member States in 25 economic sectors such as Knowledge and Digital Economy, Financing for SMEs and Mid-Caps, Social Infrastructure, Energy Union, Transport and Environment.
This is our first newsletter since the outbreak of the pandemic crisis and we all had and have to adjust to the new conditions. The EU wants to provide as much help as possible during the crisis and support the EU economies' quick recovery after the crisis. Therefore, the EU has developed a comprehensive “Recovery Plan for Europe” (https://ec.europa.eu/info/live-work-travel-eu/health/coronavirus-response_en). In these extraordinary times, online tools such as the EIPP are increasingly important. Please see below some highlights on how we have developed to adjust to this situation.
On 17 June, the European Commission presented a European strategy to accelerate the development, manufacturing and deployment of vaccines against COVID-19. An effective and safe vaccine against the virus is our best bet to achieve a permanent solution to the pandemic. Time is of the essence. Every month gained in finding such a vaccine saves lives, livelihoods and billions of euros. The strategy proposes a joint EU approach and builds on the mandate received from EU health ministers.
In its latest episode, Real Economy looks at what impact the coronavirus crisis is having on Europe's most vulnerable, and what the EU is doing to help them.
The European Investment Bank (EIB) concluded an agreement on 11 June to provide BioNTech with up to €100 million in debt financing for COVID-19 vaccine development and manufacturing.
On 10 June, the European Commission published the 2020 convergence report in which it provides its assessment of the progress non-euro area Member States have made towards adopting the euro.
The High-Level Forum (HLF) on Capital Markets Union (CMU) published its final report on the EU's Capital Markets Union on 10 June.
“The European Semester is at the heart of the proposed Recovery and Resilience Facility and has always had a strong euro area dimension reflected in the Euro Area Recommendation. Taking this recommendation into account would be an appropriate way to give a legitimate euro area angle to the recovery funds.”
Meeting on 11 June, euro area finance ministers took stock of the economic situation and the policy measures required to support recovery.
