The coronavirus will cause a “dizzying” economic crisis that will widen the differences between the North and the South of the Union, warns Bruno Le Maire, the Minister of Economy and Finance. If the 27 fail to pool the debt to finance reconstruction spending, the Union and the euro area will be doomed to disappear. … Read more
European Commissioner for Competition Margrethe Vestager warns member states that corporate takeovers by Chinese state-owned companies are at risk during the corona crisis. She says that in an interview with the Financial Times (FT). According to Vestager, it is necessary to protect vulnerable companies against this, for example by taking a share in companies as … Read more
foreign countries Measures to block contacts Brussels is planning the corona exit for Germany – – As of: 8:16 p.m. | Reading time: 4 minutes – – – – Euro finance ministers break talks about aid to Italy – – No agreement after a 16-hour marathon session: EU finance ministers have broken off negotiations on … Read more
Germany State aid 600 billion package to save large companies from destruction – – Status: 00:01 a.m. | Reading time: 3 minutes Olaf Scholz reaches deep into the state wallet – – Federal Finance Minister Olaf Scholz reaches deep into the state wallet. 150 billion euros should help small businesses and solo self-employed people through … Read more
“The Commission considers that, when national authorities adopt measures to contain the covid-19 pandemic, these measures are of an extraordinary nature and origin to the normal exercise of the activity of carriers [aéreas] and are beyond their control “, argues the community executive in guidelines released today regarding the rights of passengers and carriers in … Read more
The European Commission is thinking of a task force for Europe. Because the level of coronavirus danger in Europe has gone from moderate to “high”. This was stated by the President of the European Commission Von Der Leyen. But Italy tries again to leave. The Duomo of Milan reopens, with all the necessary precautions. The … Read more
DNegotiations, which have repeatedly been described as the most difficult budget talks in EU history, have been stuck for months. Many governments and officials in Brussels therefore chose Charles Michel, the ambitious President of the European Council, who coordinates the negotiations between the national governments. He and his colleagues have had many talks with national … Read more
MOSCOW, February 2 – RIA News. Updated Schengen visa issuance rules came into force on February 2, informs press office European Commission.– The changes apply to obtaining short-term visas to 22 EU countries that are members of the Schengen zone and four countries associated with the union: Liechtenstein, Iceland, Norway and Switzerland. – “A single … Read more
Badaboum. After posting an identical 0.3% increase in the first three quarters of 2019, Gross Domestic Product fell 0.1% in the fourth quarter. This is the first time since the spring of 2016, when GDP, this key economic indicator corresponding to the sum of the wealth created by the country, had also declined. As a … Read more
Rita Neves Costa Today at 6:59 pm– The President of the European Commission intends to end the circulation of coins of one and two cents. The measure is part of the work program that Ursula von der Leyen will present this Wednesday in Brussels. While still running for president of the European Commission, Ursula von … Read more