In a debate at the European Parliament on 22 October, European Commission President Jean-Claude Juncker addressed the MEPs and took stock of the work and achievements of his Commission.
“We have achieved what we set out to do: return Europe to solid growth and boost job creation. By 2022, the Juncker Plan will have added 1.7 million jobs to the EU labour market and increased EU GDP by 1.8%. I always said that the Plan was not a cure-all. But with more than one million small-sized companies receiving financing that wasn't available to them before, we can be proud.”
The Investment Plan for Europe, the Juncker Plan, has played a key role in boosting jobs and growth in the EU.
On 10 October, the European Commission, on behalf of the EU, approved the disbursement of €30 million in Macro-Financial Assistance to the Republic of Moldova.
The European Commission's Structural Reform Support Service (SRSS) and the European Investment Bank's (EIB) Advisory Services Department announced on 27 September that they will collaborate closely to provide technical support and advice to Member States on a broad range of policy areas via the European Investment Advisory Hub.
The European Investment Fund (EIF) is making history in Croatia with an investment of €15 million in the country's first social impact fund worth €30 million.
Staff from the European Commission, in liaison with staff from the European Central Bank, visited Madrid from 8-9 October for the twelfth post-programme mission to Spain.
On 10 October, Euro area finance ministers met in the Eurogroup inclusive format and agreed on all the critical elements regarding the budgetary instrument for convergence and competitiveness (BICC) for the euro area, including governance, financing, and allocation and modulation of the BICC in a term sheet.
“We need to add to monetary policy a more coordinated fiscal policy with the differentiation that are obvious among different countries and a strong focus on investment.”
On 3 October, the members of the Economic and Monetary Affairs (ECON) committee of the European Parliament questioned Paolo Gentiloni, the Italian Commissioner-designate for the Economy portfolio.
New figures released by the European Commission on 18 September show that the number of interceptions of fake goods being imported into the EU increased in 2018 due to a large number of small parcels in express and postal traffic.
The European Investment Bank (EIB) announced on 18 September that it will provide EUR 250 million worth of financing towards the new scientific and technological hub of ENEA (National Agency for New Technologies, Energy and Sustainable Economic Development) in Frascati near Rome.
Staff from the European Commission, in liaison with staff from the European Central Bank, visited Athens from 23-26 September for the fourth post-programme mission to Greece.
European Commission staff, in liaison with staff from the ECB, visited Cyprus from 16-20 September to conduct the seventh post-programme surveillance mission.
European Commissioners-designate Valdis Dombrovskis and Paolo Gentiloni are to appear in confirmation hearings before the European Parliament.
“In the last crisis, we were able to find a balance in our comprehensive response, combining fiscal policy, structural reforms at national and EU levels and also monetary policy. Going forward, in the face of a downturn, we need to find a new balance and fiscal policy will surely play a part on this.”
Meeting on 13 September, euro area finance ministers held a thematic discussion on growth and jobs during which they shared good practices on conducting spending reviews and managing public assets to boost the efficiency of public investment.
This report focuses on market functioning and market integration in EU network industries.
This paper presents the results obtained from calibrating a Gaussian affine term structure (GATSM) based term premia model to the euro area.
This study analyses the redistributive and macroeconomic impact of recent economic reforms in Romania.
