Now playing Next Economy EU economy to rebound ‘quite strongly’ next year says Dombrovskis The European Commission’s proposed €750-billion coronavirus recovery fund should also help make the bloc’s economy more green and fit for the digital age, Executive Vice-President Valdis Dombrovskis tells Euronews. 29/05/2020
Now playing Next Economy The US sees the eurozone as the economy most likely to fold. It should look closer to home ǀ View America is far from the perfectly functioning currency area so beloved by its European devotees. Rather, the US model of limited government at state level has exposed the fragile nature of the American dream. 28/05/2020
Now playing Next Economy EU's financial 'firepower' is 1.85 trillion with 750bn for COVID fund Of the 750 billion euro recovery fund, the 500 billion euros would be given to EU countries as grants, the remaining 250 billion euros would be available as loans." 27/05/2020
Now playing Next Economy State aid should be reviewed 'to help EU compete with US & China' It comes after the German government and flagship carrier Lufthansa reportedly reached an agreement on state aid worth €9 billion. 25/05/2020
Now playing Next Economy EU forecasts 'recession of historic proportions' this year "Europe is experiencing an economic shock without precedent since the Great Depression,'' the EU's economy chief Paolo Gentiloni said on Wednesday. 06/05/2020
Now playing Next Economy EU could use long-term budget to solve North/South divide -- thinktank The European Union could use its seven-year budgetary plan to tackle inequalities that have been exacerbated by the COVID-19 pandemic, leading European thinktank Bruegel says. 30/04/2020
Now playing Next Economy More financial protection needed from EU: former Greek finance chief The EU must be there to support member states’ economic recovery from the COVID-19 pandemic, former Greek Finance Minister George Papaconstantinou tells Euronews. 16/04/2020
Now playing Next Economy Dombrovskis: Fiscal support to non-Eurozone countries a possibility It comes after EU countries agreed a €500 billion coronavirus rescue package. 10/04/2020
Now playing Next Economy COVID-19: How will the EU €500bn rescue deal help people and firms? We explain the EU's coronavirus rescue deal and how it aims to provide safety nets for workers, businesses and EU countries hit by the pandemic. 10/04/2020
Now playing Next Economy IMF: coronavirus pandemic will cause worst economic slump since Great Depression "The bleak outlook applies to advanced and developing economies alike. This crisis knows no boundaries. Everybody hurts," says International Monetary Fund Managing Director Kristalina Georgieva. 09/04/2020
Now playing Next Economy "No single country will be left behind in this crisis" EU Commissioner for Internal Market, Thierry Breton says "not one single country was fully prepared for this kind of crisis, but the EU is now getting a battle plan in place. 03/04/2020
Now playing Next Real Economy Covid-19 Pandemic: How has the EU responded to the economic crisis? IN PARTNERSHIP WITH THE EUROPEAN COMMISSION We ask Economy Commissioner Paolo Gentiloni if Europe is doing enough to avoid an economic crisis due to the coronavirus outbreak. 01/04/2020
Now playing Next Economy EU project 'in danger if no solidarity on coronavirus crisis' European leaders have already rejected the idea of "corona bonds" as a way of financing the COVID-19 response. 30/03/2020
Now playing Next Economy We urgently need a coordinated European response to coronavirus. We are seeing the opposite ǀ View As a record number of citizens, including the most Eurosceptic, turn to the EU in search of emergency solutions, Brussels looks helpless. But who’s really to blame for the current situation? 19/03/2020
Now playing Next Economy Aid packages help minimise impact of virus on world econonomies The effect of the Coronavirus on the economy is being felt across the globe. Aid packages are being introduced by countries in the hope these might help people who are unable to work and potentially in financial difficulties. The UK has pledged 330 Billion pounds and the US 1 Trillion dollars. 18/03/2020
Now playing Next Real Economy Wake-up call: EU mobilizes economic toolbox to reach sustainability IN PARTNERSHIP WITH THE EUROPEAN COMMISSION Euronews heads to the Danish town of Sonderborg to find out how they plan to become Europe's first carbon neutral city. 11/03/2020
Now playing Next Economy British government spent at least €5 billion preparing for Brexit UK government departments prepared for #Brexit planning for both a 'deal' and 'no deal' scenario, following the 2016 referendum. Here's the bill. 07/03/2020
Now playing Next Real Economy Fiscal Rules: Towards a new growth model for Europe IN PARTNERSHIP WITH THE EUROPEAN COMMISSION France, Belgium, Italy, Spain and Greece are among the countries with debt-to-GDP ratios near or above 100% 26/02/2020
Now playing Next Economy German economy stagnates as eurozone growth reaches 7-year low Germany, Europe’s largest economy, has recorded a zero growth between October and December, as manufacturing remained in a slump and exports fell. 14/02/2020
Now playing Next Real Economy Europe’s saga: Young, educated and unemployed IN PARTNERSHIP WITH THE EUROPEAN COMMISSION There are 5.5 million young people in Europe who are not in education, employment or training. New to the labour market, they are less likely to find a job or are often employed on temporary or part-time contracts. 29/01/2020