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The Commission’s guidance aims to offer people the chance to get some well-needed rest, relaxation and fresh air. As soon as the health situation allows, people should be able to catch up with friends and family, in their own EU country or across borders, with all the safety and precautionary measures needed in place.

Tourism and transport: Commission’s guidance

By: EBR | Thursday, May 14, 2020

Commission’s guidance on how to safely resume travel and reboot Europe’s tourism in 2020 and beyond

The commemoration of the end of World War II in Europe on May 8 reminded the world of the devastation of nationalism, authoritarianism, and war—and of the achievements of peace thanks to U.S. commitments and through integration in Europe.

Why Europe Still Matters

By: EBR | Thursday, May 14, 2020

Europe is well placed to push for reforms of global cooperation and governance after the coronavirus pandemic. But to do that, Europe itself must change first

“I believe that the current crisis presents a political opportunity to address these issues, and would be happy to hear if you agree”.

EU seeks trade truce with US amid virus crisis

By: EBR | Wednesday, May 13, 2020

The EU’s top trade official hopes the economic fallout of the coronavirus pandemic will spur efforts to heal US trade ties, bogged down in a tit-for-tat tariff feud

The CEO of Air France and chairman of industry group Airlines for Europe, Benjamin Smith, wrote in a letter this week that “it is remarkable that the Commission is ignoring the will of the majority of EU member states”.

EU to preserve refund safety-net for travel vouchers

By: EBR | Wednesday, May 13, 2020

The European Commission will on Wednesday (13 May) publish a common rulebook for voluntary travel vouchers, which advises that state aid could be used to set up guarantee funds

“Since German unification—no, since the Second World War—there has been no challenge to our nation that has demanded such a degree of common and united action”.

How the Coronavirus Revived Angela Merkel

By: EBR | Tuesday, May 12, 2020

The fight against the coronavirus has sparked a political revival for Angela Merkel. Now, the German chancellor must also adopt a coherent foreign policy strategy for how to deal with China

The EU story of former adversaries coming together remains unique. Human rights defenders, free press fighters and open society advocates across the world look to Europe for support and succour even though – as German President Frank-Walter Steinmeier pointed out in his powerful VE Day address – so many in Europe still need to liberate themselves from “hatred, agitation, and from contempt against democracy”.

The EU must cure itself of its fatal addiction to good news, and to spin

By: EBR | Tuesday, May 12, 2020

The European Commission is addicted to good news, to say nothing of spin, self-indulgent slogans and flashy videos. Sadly, it’s a preference that may prove fatal to the EU in these times of bad news and worse

Based on the proposed changes, Member States will have three additional months to exchange information on financial accounts of which the beneficiaries are tax residents in another Member State.

Taxation: Commission proposes postponement of taxation rules due to coronavirus crisis

By: EBR | Monday, May 11, 2020

On Friday 8 May, the European Commission decided to postpone the entry into force of two EU taxation measures to take account of the difficulties that businesses and Member States are facing at the moment with the coronavirus crisis

The EU economy is not expected to have fully made up for this year’s losses by the end of 2021. Next year’s rebound could leave the EU economy about 3% below the level implied by the commission’s autumn 2019 forecast.

EU economic forecast 2020 shows a deep and uneven recession

By: N. Peter Kramer | Friday, May 8, 2020

The recent grown projections for the EU by the European Commission have been revised down by around 9% compared with the forecast of autumn 2019

And the pace of the recovery will be uneven across the 27 EU countries, the EU executive warned, saying the return to growth will be conditioned by the speed at which lockdown measures can be safely lifted.

EU building ‘renovation wave’ set for launch in September

By: EBR | Thursday, May 7, 2020

The European Commission’s energy chief, Kadri Simson, has flagged the upcoming building renovation wave, rooftop solar, and offshore wind as key priorities for the energy sector in the recovery phase from the coronavirus crisis

«..The recovery package must be sizeable and add value, and must be embedded in a strong MFF. We must not lose sight of our long-term investments and strategic objectives. The crisis increased the imbalance between European regions and the recovery plan should help fill this gap..»

Sassoli to EU institutions: “Be brave on EU recovery plan”

By: EBR | Thursday, May 7, 2020

Statement by President Sassoli on the EU recovery plan, which will be anchored to the next Multiannual EU budget

The UK is hoping to capitalise on its new-found ability to strike free-trade deals by increasing opportunities for exports of cars, ceramics, whisky and cheese, while the US stated in its set of objectives last year that it would seek full access for US agricultural products and reduced tariffs for US manufactured goods to the UK market.

As EU negotiations stall, London opens talks on US trade pact

By: EBR | Wednesday, May 6, 2020

The UK and US kicked off on Tuesday (5 May) the first round of talks on a trade deal which London has made a priority following its exit from the EU. The talks with Washington are set to run alongside post-Brexit trade negotiations with the EU

The taxonomy for sustainable investments is a classification system intended for determining what economic activities should be considered in line with sustainable development principles. It is based on six objectives: climate mitigation, climate adaption, protection of water and marine resources, circular economy, pollution, and biodiversity.

Emission thresholds in EU green finance taxonomy are too high. Here’s why

By: EBR | Wednesday, May 6, 2020

Carbon dioxide emission limits in the EU taxonomy suggested by the technical expert group are too high and will make it virtually impossible to reach EU climate goals for 2030 and 2050, argues a group of Swedish lawmakers

The court ruled that the German government and parliament had failed to ensure that he ECB’s purchases were ‘proportionate’.

Germany’s top court criticises ECB crisis bond buying

By: N. Peter Kramer | Wednesday, May 6, 2020

Germany’s Constitutional Court in Germany has ruled that the European Central Bank’s mass bond buying to stabilise the eurozone partly violates the German constitution

The Spring 2020 Economic Forecast projects that the euro area economy will contract by a record 7?% in 2020 and grow by 6?% in 2021.

Spring 2020 Economic Forecast: A deep and uneven recession, an uncertain recovery

By: EBR | Wednesday, May 6, 2020

The coronavirus pandemic represents a major shock for the global and EU economies, with very severe socio-economic consequences

The UN’s International Labour Organisation suggests that 1.4 billion informally employed people are on track to lose their work, which is roughly a third of the global workforce. With fears of some 50 million jobless in wealthier countries, the shantytown encampments, marches, violent strikes and political battles of the ‘Hungry Thirties’ could look like a walk in the park.

As Depression looms, we must shun errors of the ’Hungry Thirties’

By: EBR | Tuesday, May 5, 2020

It’s time for us all to be very afraid; not just of the coronavirus but of its consequences. A ‘Great Depression’ like that of the 1930s is looking increasingly inevitable, and if mishandled could trigger a disastrous train of events

Two Commissioners shared the view that EU culture and values had to be preserved “at all costs” and told MEPs that an EU support plan for the cultural and creative sector was under way, as part of the wider EU recovery plan.

COVID-19: Save European culture and values, MEPs tell Commission

By: EBR | Tuesday, May 5, 2020

Rebuilding the hard-hit cultural and media sectors in post-COVID-19 Europe must be a major objective in the EU’s recovery plan, MEPs said

‘Excluding oil and gas from the definition of fossil fuels is everything but straightforward, it set to confuse the market and opens the door to greenwashing’.

EU regulators undermine EU’s commitment to be global leader in sustainable finance

By: N. Peter Kramer | Tuesday, May 5, 2020

In a draft proposal, the EU regulator ESMA (European Securities and Markets Authority) defines fossil fuels as only applying to ‘solid’ energy sources such as coal and lignite

“Given the low confidence that we have in whether the death tolls that are collected are complete, I would think that this is not a very reliable approach to classifying countries,” said Dr Ammon.

Europe has passed COVID-19 peak, says EU disease control chief

By: EBR | Tuesday, May 5, 2020

Most EU countries are seeing a “substantial decrease” in cases of COVID-19, and Bulgaria is the only EU country where coronavirus cases are increasing, the director of the EU’s disease control agency

MEPs say the plan should make it possible to refocus the budget temporarily on addressing and mitigating the immediate economic and social consequences of the COVID-19 outbreak and on helping in the recovery, including additional flexibility and funding to this end which would be based on what was already done under this year’s budget.

Long-term EU budget: MEPs demand safety net for beneficiaries

By: EBR | Tuesday, May 5, 2020

The current health crisis compels us to tackle the risk of the next long-term EU budget not coming into force on 1 January 2021 with even more urgency, MEPs say

«Thinking about the future of the energy system should, therefore, be the priority. It is what will drive our ability to be more resilient to climate change and to mitigate energy poverty in the long run.»

Leaving no one in the dark, neither today nor tomorrow

By: EBR | Monday, May 4, 2020

When people lose their job or are put under pressure, in particular regarding their health, they should not be worrying about paying their bills

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