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Italy's new €19-billion tranche of recovery funds delayed by one month
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Hungary ready for compromises with Brussels to unblock recovery funds
National minister Tibor Navracsics told Euronews that Budapest is ready to "speed up negotiations as much as possible."
Brussels approves €35B Polish recovery plan despite rule of law doubts
The plan was blocked for more than a year over controversial judicial reforms in Poland.
'World must demand the rich pay their fair share', say millionaires
"The world – every country in it – must demand the rich pay their fair share," millionaires from the US, UK, Germany, Canada, Denmark, Austria, the Netherlands, Norway, and Iran wrote in an open letter.
OECD warns Omicron variant could be a 'threat to economic recovery'
"The economic priority is the vaccine," said the OECD, warning that the recovery from last year's post-pandemic slump is running out of steam.
World's top economies endorse global corporate tax at G20 summit
The leaders of the world's major economies are gathered in Italy this weekend as Rome hosts its first G20 summit, with the global health crisis, economic recovery, and climate change at the top of this year's agenda.
Eurozone inflation hits 13-year high amid persistent energy crunch
Prices across the eurozone rose by 4.1% in October, up from 3.4% in September.
Global recovery depends on equal access to vaccines, ILO says
For every 14 people fully vaccinated in the second quarter of 2021, one full-time equivalent job was added to the global labour market, substantially boosting the recovery.
IMF reduces global growth forecast amid inflation and supply problems
In its latest World Economic Outlook, the IMF projects that global output will increase by 5.9% this year, compared with its projection in July of 6%.
The travel recovery has started, says Britain's Heathrow Airport
The UK's busiest airport says the industry is showing signs of recovery after a challenging 18 months.
European floods highlight 'gigantic task' in averting climate change
With over 180 people dead, what have the catastrophic floods in Germany and elsewhere in Europe showed us about climate change mitigation?
Hungary left waiting as 12 EU states have COVID spending approved
A dozen EU countries have had their COVID recovery spending plans approved, paving the way for funds to arrive later this month.
Vaccines and lifting of restrictions speed up EU's economic recovery
Both the EU and the eurozone are set to expand by 4.8% in 2021, with 12 member states already offsetting all their economic losses this year.
'All 27 EU countries to fully recovery from COVID crisis in 18 months'
The European Commission President credits the vaccine roll-out and the €750-billion recovery fund as the key elements behind the recovery.
Brussels wants member states to keep spending to maintain recovery
Brussels wants EU countries to keep investing and spending in order to maintain the recovery from the pandemic.
After months of delay, EU nations finally ratify €750bn recovery fund
Austria and Poland were the last two countries to give the green light.
EU economy set to grow faster than expected thanks to vaccination
The European Commission estimates that this year the EU and the eurozone will grow by 4.2% and 4.3%, respectively.
How does Italy plan to spend its €222bn share of COVID recovery cash?
The country has the biggest share of the European Union's €750 billion pandemic recovery fund.
'Time is of essence': Brussels urges countries to ratify recovery fund
Commissioner Johannes Hahn says the EU will be ready to raise money on the capital markets by June but cooperation from the 27 member states is required.
EU needs 'holistic approach' to tackle racial discrimination
A number of anti-racism protests took place over the weekend to mark International Day for the Elimination of Racial Discrimination
How has New Zealand harnessed the power of domestic travel?
After the country's borders closed, New Zealanders have been encouraged to explore all that Aotearoa has to offer.