Tag Archives: economy

Winter 2016 Economic Forecast: Weathering new challenges

At the same time, much of the world economy is grappling with major challenges and risks to European growth are therefore increasing. The Commission’s winter forecast shows that the overall growth outlook has changed little since the autumn but that … Continue reading

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State aid: Commission approves additional aid up to €3 billion for the resolution of Portuguese bank Banif and asset sale to Banco Santander Totta

Another aid measure amouting to €422 million covers the transfer of impaired assets to an asset management vehicle. Finally, the Commission approved an additional buffer in the form of a state guarantee to cater for potential recent changes of values … Continue reading

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European Social Fund: €11.8 billion to foster employment, training and education in Spain concludes adoption of all 187 programmes

The adoption of the Spanish national Operational Programme for Employment, Training and Education marks the end of the adoption process for all 187 programmes in the new funding period (2014-2020) for the European Social Fund (ESF) and the Youth Employment … Continue reading

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Questions and Answers on the gender pay gap – Equal pay day

What is the gender pay gap and how is it measured in the EU? The gender pay gap is a clear expression of existing inequalities and of the obstacles women face when entering and staying in the labour market. The … Continue reading

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State aid: Commission approves UK pricing methodology for nuclear waste transfer contracts

This methodology establishes the price that operators of new nuclear plants in the UK will have to pay for the underground disposal of their spent fuel and intermediate level waste in a planned UK geological disposal site. It aims at … Continue reading

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EU approves additional €17 million to help Serbia and the Former Yugoslav Republic of Macedonia cope with refugee influx

Today the European Commission has detailed its support of €17 million to help Serbia and the former Yugoslav Republic of Macedonia cope with the unprecedented refugee flows in these countries ahead of the High Level Conference on the Eastern Mediterranean-Western … Continue reading

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European Parliament adopts European Commission proposal to create safer and more innovative European payments

The European Commission welcomes today’s adoption by the European Parliament of the revised Directive on Payment Services (PSD2). This new law, proposed by the European Commission in July 2013, enhances consumer protection, promotes innovation and improves the security of payment … Continue reading

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Commissioner Mimica to announce new support for Peru in a visit to the region

Today, EU Commissioner for International Cooperation and Development, Neven Mimica, starts a visit to Paraguay (7-9 October) and Peru (9-11 October) to discuss the implementation of the priorities for the countries’ development. Ahead of the mission, Commissioner Mimica said: “The … Continue reading

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Factsheet on EU’s Development Cooperation with Paraguay and Peru

For the period 2014-2020, the EU is financially supporting Paraguay with €168 million and Peru with €66 million. Both countries’ priorities have been identified together with national governments. In line with the EU’s Agenda for Change, EU aid is focussed … Continue reading

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Asylum in the EU – Over 210 000 first time asylum seekers in the EU in the second quarter of 2015 – A third are from Syria or Afghanistan

During the second quarter of 2015 (from April to June 2015), 213 200 first time asylum seekers applied for protection in the European Union (EU), up by 15% compared with the first quarter of 2015 and by 85% compared with … Continue reading

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