“Despite a challenging environment, the European economy remains on a steady path, with continued job creation and wage growth…Member States should use this weather window to pursue structural reforms to boost growth and productivity. Countries with high public debt should also shore up their defences by pursuing prudent fiscal policies.”
The European economy is set to continue on a path of steady, moderate growth according to the Winter Economic Forecast published on 13 February.
The Commission put forward a proposal on 5 February that would drive forward the EU accession process to the Western Balkans, by making it more credible, with stronger political guidance, as well as more dynamic and predictable.
The European Investment Fund (EIF) and Bank Gospodarstwa Krajowego (BGK) signed an agreement on 6 February that will unlock billions for SMEs in Poland.
On 5 February, the Commission presented a review of the effectiveness of the economic surveillance framework and launched a public debate on its future.
The Commission, in partnership with the European Investment Bank Group, announced on 21 January that it is investing €200 million to support ground-breaking innovation in the EU space sector.
Commuters in Hungary will soon enjoy safer, more comfortable, and eco-friendly buses thanks to a €140 million loan to Volán Buszpark Kft from the European Investment Bank (EIB).
On 22 January, European Commission President von der Leyen delivered a keynote speech at the 50th edition of the World Economic Forum in Davos, Switzerland.
Staff from the European Commission, in liaison with staff from the European Central Bank, visited Athens from 22-24 January for the fifth post-programme mission to Greece.
Meeting on 21 January, EU finance ministers discussed the financial and economic aspects of the European Green Deal.
“The euro area economy is in the midst of a slowdown but continues to grow – the length of this growth period and the number of jobs created are breaking all records.”
At the Eurogroup meeting on 20 January, the finance ministers discussed the updated draft budgetary plan of Portugal for 2020, on the basis of a Commission opinion.
The Juncker Plan's impact on jobs and growth
Recent press releases on EFSI
The Debt Sustainability Monitor 2019 provides an overview of fiscal sustainability challenges faced by EU Member States over the short, medium and long term.
On 14 January, the Commission presented a Communication on building a strong social Europe for just transitions.
The European Investment Bank (EIB) announced on 8 January that it will finance the modernisation of Spanish company Grupo Ruiz's bus fleet by facilitating €27.5 million for the introduction of 173 safer, less polluting and more modern vehicles.
Commission President Ursula von der Leyen and the entire College of Commissioners visited Zagreb from 9-10 January to participate in the inauguration of the Croatian Presidency of the Council of the European Union.
The European Commission welcomed the endorsement by the Council on 18 December 2019 of an agreement reached with the European Parliament to provide up to €500 million in Macro-Financial Assistance (MFA) to Jordan.
“The Green Deal comes with important investment needs, which we will turn into investment opportunities. The plan that we present today, to mobilise at least €1 trillion, will show the direction and unleash a green investment wave.”
