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The 2030 Agenda and the Sustainable Development Goals (SDGs) provide a globally endorsed framework to move towards sustainable economic, environmental and social development.

The EU needs to be the driving force for the SDGs

By: EBR | Wednesday, July 13, 2022

The European Union must be the driving force for reaching the UN Sustainable Development Goals, where progress has come to a halt or has even been reversed

While youth unemployment decreased in 2021, particularly towards the end of the year, it remained 1 percentage point (pp) higher than before the crisis (in 2019). Of those in work, nearly 1 in 2 young people (45.9%) had temporary contracts, compared to 1 in 10 for all workers (10.2%).

Commission report shows young people most affected by job losses due to economic impact of COVID-19

By: EBR | Tuesday, July 12, 2022

Today, the Commission published its Employment and Social Developments in Europe (ESDE) review 2022

EU bond issuance will be aligned with the arrangements used by EU sovereign issuers and the European Stability Mechanism (ESM) whose bonds transactions are settled in central bank money.

European Commission to transfer its bond issuance settlement to a Eurosystem-based infrastructure

By: EBR | Tuesday, July 12, 2022

The European Commission has today launched the process for organising the settlement of NextGenerationEU and other EU bonds through the payment and settlement infrastructure of the Eurosystem

Russia’s war in Ukraine is having profound consequences on the EU’s energy and climate policies.

Four EU Parliament groups unite behind 14.5% energy savings goal for 2030

By: EBR | Tuesday, July 12, 2022

The four largest political groups in the European Parliament have united behind proposals to raise the EU’s energy efficiency target for 2030, saying this will help ease energy prices for consumers and eliminate imports of Russian fossil fuels

"Decarbonising buildings is becoming even more important in the wake of Russia’s war on Ukraine and the tensions surrounding energy supplies".

European cities call for more staff, resources to decarbonise buildings

By: EBR | Friday, July 8, 2022

While the EU is planning to decarbonise buildings across the bloc to advance the green transition, local authorities are calling for more support to face a shortage of skilled workers to design and implement decarbonisation projects

If passed, the amended text will form the Parliament’s negotiating position during talks with EU member states to finalise the legislation.

Airlines and NGOs join forces ahead of EU vote on green jet fuels

By: EBR | Thursday, July 7, 2022

Climate NGOs and airlines have called on lawmakers to narrow the definition of sustainable aviation fuels (SAF) ahead of a European Parliament vote on Thursday (7 July)

The euro was about flat at $1.01845 after sinking as low as $1.01615 on Wednesday, for the first time since late 2002.

Euro hovers near 20-year low on recession worries

By: EBR | Thursday, July 7, 2022

The euro hovered near a two-decade low against the dollar on Thursday (7 July) as Europe’s energy woes cast a long shadow over the economic outlook

After a decade of crises in Europe, historic decisions were taken at the EU and NATO summits to strengthen the continent. To overcome today’s challenges, Brussels must confront the causes of its paralysis in the 2010s.

Europe’s Geopolitical Turn Needs a Democratic Reboot

By: EBR | Wednesday, July 6, 2022

“Europe will be forged in crisis” must be the most frequently used and abused Jean Monnet quotation about European integration

he right to disconnect must be legally recognised at EU level.

Protecting mental health in the digital workspace

By: EBR | Wednesday, July 6, 2022

MEPs acknowledge benefits of teleworking but warn about health and privacy risks

"We talk a lot about climate and the environment. Still, we sometimes forget within our discussions that this is also a health crisis because climate change will impact directly and indirectly our health".

MEP says health should not be left out of climate change discussion

By: EBR | Tuesday, July 5, 2022

The debate on climate change’s impact on health should be broadened, according to socialist MEP Sara Cerdas, as health costs for society if we do not act will be unimaginable

"The 2022 Science, Research and Innovation Performance report shows how research and innovation are central to build the sustainable and resilient future that Europe needs...".

New Research and Innovation Performance report: Building a sustainable future in uncertain times

By: EBR | Tuesday, July 5, 2022

The Commission has released the 2022 edition of the Science, Research and Innovation Performance (SRIP) report, analysing the EU’s innovation performance in a global context

According to Stephan Bruckbauer, chief economist at UniCredit Austria, the rise in interest rates means that it now costs 2-2.5 percentage points more for companies to borrow money.

High inflation could increase equity financing

By: EBR | Monday, July 4, 2022

Since interest rates increase as a reaction to high inflation figures, corporations might be incentivised to turn towards equity instead of debt to finance their investments

The new draft regulation will enable the Commission to investigate subsidies granted by non-EU public authorities to companies operating in the EU.

Agreement on foreign subsidies: ensuring equal competition in the EU

By: EBR | Friday, July 1, 2022

Parliament and Council negotiators agreed on new tools ensuring that foreign subsidies granted by non-EU countries to companies do not distort the internal market

Βy keeping Western Balkan countries in the waiting room, the union is aggravating the region’s frustrations with Brussels.

Are the EU’s enlargement promises credible?

By: EBR | Friday, July 1, 2022

Granting candidate status to Ukraine and Moldova has earned the EU praise

However, inflation is much higher in Belgium (4.1%), where most Commission staff are based. Still, these extra wage costs will strain the EU executive’s administrative budget, which is decided annually. Thus, extra costs will have to be proportionally offset with cuts in expenditure.

EU Commission set to cut already strained personnel as inflation bites

By: EBR | Friday, July 1, 2022

The EU public administration, torn between growing ambitions and a stagnant budget, faces yet another obstacle – inflation – with temporary staff set to pay the highest price

"To reach climate neutrality by 2050, we need to unleash the power of digitalisation. At the same time, sustainability must be at the heart of the digital transformation".

2022 Strategic Foresight Report: twinning the green and digital transitions in the new geopolitical context

By: EBR | Thursday, June 30, 2022

The Commission has adopted the 2022 Strategic Foresight Report – “Twinning the green and digital transitions in the new geopolitical context”

Parliament and Council negotiators reached a provisional deal on a new bill aiming to ensure that crypto transfers can always be traced and suspicious transactions blocked.

Crypto assets: deal on new rules to stop illicit flows in the EU

By: EBR | Thursday, June 30, 2022

Transfers of crypto-assets will be traced and identified to prevent money laundering, terrorist financing, and other crimes, says the new legislation agreed on Wednesday

Due to the pandemic, telework has become much more commonplace in Europe. While only 5.4% of the EU workforce reported they would usually work from home in 2019, this number rose to 13.4% in 2021, creating new challenges for workers and employers.

European social partners to negotiate right to disconnect

By: EBR | Thursday, June 30, 2022

The European Trade Union Confederation (ETUC) reached an agreement with European business associations on a work programme for the social dialogue 2022-2024 that should include legally binding measures to regulate telework and institute a right to disconnect on a European level

"Angry regional leaders took to the stage to point fingers at the EU, its lack of unity, unfulfilled promises, and even accused the EU of not having its own house in order".

Corruption reigns supreme in Western Balkan EU hopefuls

By: EBR | Wednesday, June 29, 2022

Countries in the EU waiting room such as Albania, North Macedonia, Montenegro and Serbia have mainly failed to register any real progress in reducing corruption and improving democracy over the last four years, fundamental pre-requisites for EU accession

The Commission proposed it contain revenues from a quarter of the CO2 permits sold in the new carbon market – expected to yield roughly €72 billion from 2025-2032.

Fight over funding threatens EU deal on new climate laws

By: EBR | Tuesday, June 28, 2022

A dispute over how to shield low-income citizens from European Union policies to put a price on pollution is threatening to prevent the bloc’s countries from agreeing a raft of new green measures

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EU Actually

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