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Business Planet

Europe’s Circular Economy Action Plan

In partnership with The European Commission

Business Planet takes a look at Europe's plans for a Circular Economy and examines what this transition might mean for both businesses and consumers.

Economy

Coronavirus downturn helps accelerate move to green economy, says ECB

"The fact we have this downturn does create some room for accelerating what needed to happen anyway: the green deal and digitisation," said the ECB's chief economist Philip Lane.

Economy

Europe's recovery uncertain amid COVID-19 second wave, says ECB chief

"The second wave of the epidemic in Europe, particularly in France, and the new restrictive measures that accompany it add to [the] uncertainty," said Christine Lagarde, head of the European Central Bank.

Business Planet

Explainer: Europe's tourism rescue plan

In partnership with The European Commission

Business Planet looks at what the EU is doing to support Europe's struggling tourism industry from the impact of the COVID-19 pandemic.

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Real Economy

EU helps restart the economy after Covid-19 economic fallout

In partnership with The European Commission

For this episode of Real Economy, Euronews finds out about the EU's €1.82 trillion joint recovery package - and how it is helping the economic fallout as a result of Covid-19..

Economy

Younger people across Europe could be working into their 70s

As the Danish government unveils plans to lower the retirement age, most European countries look set to increase it.

Economy

COVID-19: Euro area economy suffers record drop of 12.1%

Eurostat also expects Gross Domestic Product (GDP) for the whole European Union to have fallen by 11.9 per cent between April and June.

Economy

EU leaders reach landmark €1.82 trillion COVID-19 recovery package

EU leaders have adopted the trillion-euro coronavirus rescue package after marathon talks in Brussels.

Economy

'It's a disaster': Brussels shops struggling for post-lockdown trade

The Coronavirus plunged stores into uncertainty and despite reopening, many haven't been able to bring their staff back on board.

Economy

Analysis: The divisions plaguing Europe over COVID-19 recovery fund

Europe needs a recovery plan. Failing to achieve one would not just damage solidarity but also the Eurozone (and maybe even the EU) irrevocably, writes Darren McCaffrey.

Economy

No breakthrough as EU splits remain over €750bn COVID-19 recovery plan

Europe remains divided on the issue. On one side Germany, France, Italy and Spain, who back the plan, and four nations who don’t, the so-called "frugal four": Austria, The Netherlands, Sweden and Denmark.

Economy

COVID is an opportunity for structural change: Eurogroup chief Centeno

Outgoing Eurogroup chief Mário Centeno speaks to Euronews about the EU's economic response to COVID-19.

Economy

ECB nearly doubles stimulus programme to tackle virus economic fallout

As the ECB pumps more money into the Eurozone economy to prop up businesses with cheap credit, President Christine Lagarde warns that the speed and scale of the recovery are "highly uncertain".

Economy

Explainer: how would EU countries apply for coronavirus recovery funding?

While the final figure is still subject to tough negotiations, we look at what conditions the European Commission is attaching to receiving rescue funds.

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.

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.

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."

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.

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.

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.