By converging standards and regulations, and removing most - if not all - barriers to international export, the EU facilitates trade, improving the standards of living for millions across the continent. However, criminal actors are also using these same structures to engage in illicit activity.
Six years ago, his book "Capital in the 21st Century" sold 2.5 million copies after being translated into 40 languages. Arguably the most famous French economist in the world, Thomas Piketty is back with a controversial new book "Capital and Ideology".
With 394 MEPs in favour and 206 against Christine Lagarde won the European Parliament approval to lead the European Central Bank.
The recent draft decree in Spain caught the attention of Eurogas. The draft decree proposes to reduce the investment in the gas grid by up to some 50% according to projections from Sedigas as of 2021. This questions the viability of the gas system in Spain in the very near future.
She warned European countries may need to loosen the purse strings to help fight a recession.
Borrowers will be able to secure a -0.5% interest rate over 10 years.
Separate reports from the UK’s CBI and the Institute for Government contain detailed advice for Boris Johnson’s new administration.
The European Central Bank kept interest rates unchanged at the meeting in Frankfurt with the main refinancing rate remaining at zero and the deposit rate at minus 0.4%.
The European Commission lowered its forecast on Wednesday for eurozone growth
Unemployment across the eurozone has hit a fresh 11 year low in May 2019.
The Real Economy team attended the Brussels Economic Forum to discuss Europe's role in the new global order.
"One thing must be clear: A carte blanche for holiday rental platforms is not the solution."
Whilst domestic factors are set to support the European economy, global uncertainties are weighing it down.
Business Planet looks at how one European business network is helping small and medium sized firms innovate and succeed overseas.
More insight on how the world's biggest business support network helps small and medium sized firms innovate and succeed overseas.
Salvini, the country's deputy prime minister, said the EU's fiscal rules had failed and that they should be rewritten to focus on cutting unemployment.
Why, 20 years on from the birth of the eurozone, are people so unhappy and ready to blame the European Central Bank (ECB) for the poor economic performance of their country and the absence of a bright future?
There has rarely been much public interest in the European Parliament elections, but now they are being held at a challenging time for Europe. But what do voters really want?
Our 'Real Economy' team is analysing voters' concerns in the run-up to the European Parliament elections.
The European Fund for Strategic Investments has mobilized €335 billion in additional investment across the EU since 2015. The Juncker Plan is estimated to have supported the creation of some 750,000 jobs. By 2020, that figure is set to rise to 1.4 million.
EU Commissioner for Employment Marianne Thyssen told Euronews’s Business Editor Sasha Vakulina that the measures would not be as far-reaching as those contained in the Withdrawal Agreement
In this episode, Real Economy takes a look at what Europe is doing to boost investment in innovative industries such artificial intelligence and robotics in order to foster growth.
The UK would still face the biggest income loss: €57 billion per year.
The European Commission aims to boost growth amongst its Member States through its Structural Reform Support Programme (SRSP). The programme aims to provide technical support to all EU Member States, stepping up their development.
A majority of Europeans have a favourable opinion of the EU but they also describe it as out of touch with their needs with just two months to go until elections, the Pew Research Center has found.
Euro winners and losers, pro-EU alliances and good weather, bad air quality.