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Updated: 41 min 18 sec ago

Von der Leyen’s other stimulus: A private sector boost of €600 billion

Thu, 2020-05-28 05:38
As part of its recovery plan, the European Commission wants to attract €600 billion of additional private investments in order to finance strategic sectors and support viable companies at risk of liquidity shortages in the aftermath of the COVID-19 crisis.
Categories: EurActiv

All eyes on Germany’s ‘crisis’ presidency, expected to lead EU recovery

Thu, 2020-05-28 05:24
The outbreak of the coronavirus pandemic has forced Germany to radically revise the priorities for its EU Council Presidency in the second half of the year. One thing is clear: the biggest EU country takes the helm in the midst of an unprecedented crisis, at a crucial time for the bloc's recovery efforts. EURACTIV Germany reports.
Categories: EurActiv

Lufthansa board baulks at EU bailout terms

Thu, 2020-05-28 05:10
The board of German airline Lufthansa refused to accept the conditions of a €9 billion aid package on Wednesday (27 May), citing the European Commission's reported requirement that the carrier give up some airport slots at two of its major hubs.
Categories: EurActiv

Spain holds minute’s silence for COVID-19 victims, begins 10-day mourning period

Thu, 2020-05-28 05:07
Spain held a minute’s silence yesterday (27 May) to pay tribute to the more than 27,000 people who have died from COVID-19 in the country as it begins a 10-day mourning period. EURACTIV's partner EFE reports.
Categories: EurActiv

Hungary to end state of emergency as NGOs cry foul

Thu, 2020-05-28 05:05
As promised, the Hungarian government submitted two draft bills to end the state of emergency and terminate its controversial powers, but civil society organisations said on Wednesday (27 May) the moves are simple trickery.
Categories: EurActiv

US military says Russia flew 14 MiG 29s and Su-24s to Libya

Thu, 2020-05-28 05:01
Russian military personnel flew MiG 29 and SU-24 fighter planes to a Libyan airbase escorted by other Russian fighter jets, the US military said on Wednesday (27 May), detailing a deployment of air power that could have a big impact on Libya’s war.
Categories: EurActiv

Taming the ‘Frugal Four’: the challenge facing the German Presidency

Wed, 2020-05-27 17:02
The European Commission has presented its proposal for a recovery fund as part of the draft EU budget. Now the member states must be convinced, a task that will fall on Berlin when Germany takes over the EU Council Presidency in July, EURACTIV Germany reports.
Categories: EurActiv

Defence and security win battle but not war, in EU budget plans

Wed, 2020-05-27 16:57
While the new EU budget proposal charts an improvement from the European Commission’s previously planned outlay for the bloc’s defence initiatives, it still remains far from original ambitions. On Wednesday (27 May), the European Commission increased the total financial firepower...
Categories: EurActiv

The Brief – Marshalling the funds

Wed, 2020-05-27 15:15
‘Whatever it takes’ was the message from European Commission President Ursula von der Leyen on Wednesday (27 May) as the EU unveiled an ambitious recovery plan to help its members who have been worst affected by the coronavirus pandemic.
Categories: EurActiv

Commission hikes CAP’s second pillar spending to deliver Green Deal

Wed, 2020-05-27 15:05
The European Commission has proposed boosting the European Agricultural Fund for Rural Development (EAFRD) with an extra €20 billion to support greening the EU's farming sector, using the recently unveiled Farm to Fork (F2F) strategy as a vehicle.
Categories: EurActiv

One in six young people has stopped working since the pandemic started

Wed, 2020-05-27 14:57
Some 17.1% of employed young people across the globe have stopped working since the start of the COVID-19 pandemic and those who have remained in work have seen their working hours reduced by 23%, according to a report from the International Labour Organization (ILO), published on Wednesday (27 May).
Categories: EurActiv

Commission mulls digital tax to fund Europe’s multi-billion euro recovery 

Wed, 2020-05-27 14:27
The European Commission is considering bringing back Europe-wide plans for a digital services tax in order to finance the bloc's €750 billion recovery fund, the executive said on Wednesday (27 May).
Categories: EurActiv

Ships, planes could help EU pay for virus recovery

Wed, 2020-05-27 13:46
The European Commission’s €750 billion recovery fund could be covered financially by new sources of revenue, which include extending the EU’s carbon market to the aviation and shipping sectors, the bloc’s executive confirmed on Wednesday (27 May).
Categories: EurActiv

Von der Leyen proposes €750 billion stimulus under member states’ grip

Wed, 2020-05-27 13:35
European Commission president, Ursula von der Leyen, proposed on Wednesday (27 May) an unprecedented stimulus of €750 billion, mostly through non-refundable grants, with governments having a crucial role in deciding how the money will be spent.
Categories: EurActiv

‘Do no harm’: EU recovery fund has green strings attached

Wed, 2020-05-27 13:06
The European Union's proposed €750 billion fund to help the bloc recover from the coronavirus crisis will have green strings attached, with 25% of all funding set aside for climate action, the European Commission has said.
Categories: EurActiv

Commission puts forward massive €750bn stimulus against corona-crisis

Wed, 2020-05-27 10:41
The European Commission will propose later on Wednesday (27 May) an unprecedented fiscal stimulus of €750 billion, mostly made up of grants that do not need to be reimbursed, to overcome the deepest recession in EU history.
Categories: EurActiv

COVID-19 lockdown: The EU leaders who didn’t lead by example

Wed, 2020-05-27 10:03
In the UK and in many countries in Central and Eastern Europe leaders have shown lack of respect for the lockdown measures – the EURACTIV network looked into how some prime ministers and presidents have conducted themselves through the pandemic so far.
Categories: EurActiv

COVID-19 Pandemic Readiness: Let’s not reinvent the wheel – European Medical Research Infrastructures are part of the global response [Promoted content]

Wed, 2020-05-27 10:00
The European Commission led a highly successful[1] round of funding for diagnostics, treatments and vaccines against coronavirus. These resources must be used in the most efficient way possible. The best way is via cross-border, multi-sector and multi-disciplinary research collaboration based on existing networks, to reach a scale of partnerships and coordination that has yet to be achieved during the COVID-19 crisis.
Categories: EurActiv

Belgians bicker over serological COVID-19 tests

Wed, 2020-05-27 06:35
In today's edition of the Capitals, find out more about France's €8 billion plan to make the car industry more 'clean', Lega chief Matteo Salvini not going to trial for last year's alleged 'kidnapping' of 161 migrants, and so much more.
Categories: EurActiv

BELGRADE – Journalists receive money despite ethics breaches

Wed, 2020-05-27 06:34
Since the start of the year, the publishers of Alo, Kurir, Srpski Telegraf and Informer dailies have been allocated nearly RSD26 million in co-financing competitions, even though in the second half of 2019, the Press Council had reported 3,900 breaches...
Categories: EurActiv

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