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Public debt is expected to skyrocket in the EU this year, reaching 196% of its GDP in Greece, 159% in Italy, 131% in Portugal, 116% in France and 115% in Spain.

Fiscal adjustment needed to unlock recovery funds, EU official warns

By: EBR | Friday, June 19, 2020

EU leaders will discuss for the first time on Friday (19 June) the €750 billion recovery fund proposed by the Commission to overcome the coronavirus crisis

"Workers should not be exposed to corona dangers. We cannot accommodate them in such a way that they cannot maintain social distancing and cannot comply with hygiene regulations. We have to change that."

Protecting the seasonal workers in Europe

By: EBR | Friday, June 19, 2020

If we have fresh strawberries on our table these days, if we can enjoy delicious asparagus from our fields, it is thanks to the people who work outside

“Hydrogen is one of the enablers in the context of the Green Deal for decarbonising sectors like chemical industry, steel industry and transport”.

Europe’s draft hydrogen strategy

By: EBR | Thursday, June 18, 2020

The European Commission aims to promote so-called “green” hydrogen produced from renewable electricity over the “grey” sort obtained from natural gas steam reforming, according to a leaked policy document

The report commissioned by the European Stability Mechanism (ESM) and titled ‘ Lessons from Financial Assistance to Greece’ points to the mistakes and shortfalls of the support programmes extended to Greece by the EU and the European Central Bank (ECB).

Former Commissioner Almunia: EU – ECB bailout programmes blocked Greece’s economic growth

By: N. Peter Kramer | Wednesday, June 17, 2020

Although the ‘starting positions’ of the EU – ECB bailout programmes for Greece were ‘dire’, ‘they managed to preserve the integrity of the euro area

“Most certainly, there is no sign of American retreat from Europe, America is deeply committed and more committed than ever in Europe”.

US-NATO Ambassador: America remains deeply committed to Europe

By: EBR | Wednesday, June 17, 2020

There is no sign of a US retreat from Europe’s security structure, the US Ambassador to NATO told, commenting on Washington’s troop withdrawal plans from Germany

“This is not going to be a normal summer… but when we all do our part we don’t have to face a summer stuck at home or completely lost for tourism industry,” Commission Executive Vice-President Margrethe Vestager said ahead of the openings.

All you need to know about Europe lifting its internal border restrictions

By: EBR | Tuesday, June 16, 2020

After nearly three months of COVID-19 restrictions and lockdowns and in a bid to save Europe’s summer, the bloc is slowly reopening its internal borders

“As we approach the travel season, it is important to ensure that Europeans can use the app from their own country wherever they are travelling in the EU. Contact tracing apps can be useful to limit the spread of coronavirus, especially as part of national strategies to lift confinement measures.”

Coronavirus and national contact tracing apps

By: EBR | Tuesday, June 16, 2020

Member States agree on an interoperability solution for mobile tracing and warning apps

EU-UK trade talks will be stepped up in July with a view to brokering a deal in the autumn, Prime Minister Boris Johnson and European Commission President Ursula von der Leyen agreed on Monday (15 June).

Johnson and von der Leyen kick the Brexit can into autumn

By: EBR | Tuesday, June 16, 2020

Trade talks between the European Union and the UK will be stepped up in July with a view to brokering a deal in the autumn, Prime Minister Boris Johnson and European Commission President Ursula von der Leyen agreed on Monday (15 June)

The European Commission is still straddling the debate, promising that “no ban on encryption is being considered” but hedging that law enforcement access “may be justified in individual cases by the objective of preventing or investigating criminal offences.”

Out of the Political Trenches: Next Steps for Encryption Policy

By: EBR | Tuesday, June 16, 2020

The way societies adapt to the coronavirus pandemic in the long term could require governments to revisit their stances toward encryption

The Strategy aims to create a “future proof” system, which reaps the benefits of digitalisation and promotes innovation especially in areas of unmet needs, such as antimicrobials, medicines for children and medicines for rare diseases.

Pharmaceutical Strategy: European Commission launches open public consultation

By: EBR | Tuesday, June 16, 2020

European Commission is launching an online public consultation on the Pharmaceutical Strategy for Europe

On the subject of demarcating ‘high risk’ technologies, tech lobby The Information Technology Industry Council says that the definition of such technologies should “consider context-specific factors such as?complexity of the AI system, or the?probability and irreversibility of harm caused in worst-case scenarios.”

Stakeholders weigh in on EU’s future AI plans

By: EBR | Tuesday, June 16, 2020

A cross-section of stakeholders has responded to the EU’s plans to build an ethical framework for the development and deployment of next-generation Artificial Intelligence technologies, highlighting concerns ranging from the use of biometric technology to the operation of Automated Decision Making (ADM) software

Presenting proposals for a Recovery Package and revised EU budget to address the immediate economic and social damage brought by coronavirus, the European Commission said this was Europe’s moment. EU spending must be rethought in order to “repair and prepare for the next generation,” the Commission said.

Rebuilding Europe: Deep energy renovation should be the heart of EU economic recovery

By: EBR | Monday, June 15, 2020

We are just beginning to rebuild Europe after a period of unprecedented economic, social and personal turmoil

“After weeks of confinement, EU internal borders are reopening. The Re-open EU website we are launching today will provide travellers with easy access to information to help them confidently make their travel plans and stay safe during their trip..."

Re-open EU

By: EBR | Monday, June 15, 2020

Commission launches a website to safely resume travelling and tourism in the EU

With a turnover of €750 billion in 2018, the EU blue economy is in good health. There were also 5 million people working in the blue economy sector in 2018, representing a significant increase of 11.6% compared to the year before.

2020 Blue Economy Report

By: EBR | Friday, June 12, 2020

Blue sectors contribute to the recovery and pave way for EU Green Deal

MEPs approved new rules to temporarily ensure favourable conditions for banks in order to support credit flows to companies and households and absorb losses, mitigating the severe economic consequences of the COVID-19 pandemic and the enforced confinement.

COVID-19: Revised rules to encourage banks to lend to companies and households

By: EBR | Thursday, June 11, 2020

Economic and Monetary Affairs Committee MEPs approve more flexibility in EU banks prudential rulebook to focus on lending to the COVID-19 stricken economy

The European Investment Bank (EIB) and BioNTech (Nasdaq: BNTX, BioNTech) concluded a €100 million debt financing agreement to support the development of BNT162, the company’s COVID-19 vaccine programme.

European Investment Bank to provide BioNTech with up to €100 million

By: EBR | Thursday, June 11, 2020

Investment Plan for Europe: European Investment Bank to provide BioNTech with up to €100 million in debt financing for COVID-19 vaccine development and manufacturing

Victor Negrescu is a Romanian MEP affiliated to the Socialists and Democrats (S&D) group in the European Parliament. He has recently been appointed rapporteur for the Culture Committee’s report on the EU digital education strategy.

MEP: Europe’s digital education strategy is key to future recovery

By: EBR | Thursday, June 11, 2020

As part of the European Commission’s recently revised long-term budget proposal, an increased outlay could go towards the digital up-skilling and re-skilling of citizens

“Disinformation in times of the coronavirus can kill. We have a duty to protect our citizens by making them aware of false information, and expose the actors responsible for engaging in such practices..."

Coronavirus: EU strengthens action to tackle disinformation

By: EBR | Wednesday, June 10, 2020

Commission and the High Representative are assessing their steps to fight disinformation around the coronavirus pandemic and are proposing a way forward

Weeks after the corona lockdowns began, EU governments were introducing beggar-thy-neighbour policies to protect their own jobs and business interests. To avoid mass bankruptcies, the Commission quickly softened the competition rules to allow bail-outs and guarantee schemes like payroll furloughs.

Economic recovery will be the battered EU’s ’Phoenix moment’

By: EBR | Tuesday, June 9, 2020

After a decade in the doldrums, the European Union is heading into a tempest. Already there, you say? No, what we’ve seen so far are just the squalls that presage a perfect storm

Most European countries are now slowly emerging from the lockdowns imposed to contain the new coronavirus.

How Europe Should Prepare for the Post-Coronavirus World

By: EBR | Tuesday, June 9, 2020

As European countries emerge from lockdown, Europe needs to prepare for the geostrategic shifts that will take place in the post-coronavirus world

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