2020 EU Budget: Performance report highlights swift and global EU response to the coronavirus crisis while supporting key EU priorities

This article is brought to you in association with the European Commission. The EU budget has helped ensure a swift and comprehensive EU response to the coronavirus crisis and its consequences, while supporting overarching EU priorities. This involved mobilising financial resources rapidly and flexibly to address the most pressing needs, without making any compromise on applying […]

Coronavirus Dashboard: EU Cohesion Policy response to the coronavirus crisis

This article is brought to you in association with the European Commission. Today, the Commission announces the first provisional results of the implementation of the Coronavirus Response Investment Initiative (CRII) and Coronavirus Response Investment Initiative Plus (CRII+). From the beginning of the crisis, and thanks to the flexibility introduced in the Cohesion Policy, the EU mobilised […]

President von der Leyen’s State of the Union Address: charting the course out of the coronavirus crisis and into the future

This article is brought to you in association with the European Commission. European Commission President Ursula von der Leyen today pledged that the European Commission will drive a sustainable and transformational recovery that will give Europe a global platform to lead economically, environmentally and geopolitically. MAIN HIGHLIGHTS The response to coronavirus – and protecting Europe’s health […]

Forget 2009, this is the real credit crisis of our time

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Douglas Elliott, Partner, Financial Services, Oliver Wyman (MMC) & Ted Moynihan, Managing Partner, Financial Services, Oliver Wyman Group (MMC) We need governments to develop policies focused more on equity than debt. They could co-invest with private sector funds […]

Bangladesh faces a crisis in remittances amid COVID-19

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Amil Aneja, Lead Specialist, Migration and Remittances, United Nations Capital Development Fund & Sheikh Tanjeb Islam, Community Lead, Regional Agenda, Asia Pacific, Global Leadership Fellow, World Economic Forum The coronavirus pandemic highlights the need for better cooperation over […]

Here’s why the world’s recovery from COVID-19 could be doughnut shaped

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Emma Charlton, Senior Writer, Formative Content Doughnut plan seeks to balance the needs of people and the environment. Amsterdam aims to offer everyone fair social terms within safe ecological limits. The idea was conceived by Kate Raworth, an […]

‘An unprecedented fiscal response’ – political and business leaders on managing the coronavirus crisis

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Christopher Alessi, Digital Editor, World Economic Forum “If we’re able to reopen the economy over the summer, you’re going to see a big rebound in the third and fourth quarter in the US.” That was the assessment of […]

This is how Europe is helping companies and workers as the coronavirus crisis deepens

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Johnny Wood, Senior Writer, Formative Content People working in the gig economy may not be able to afford to follow health advice to self-isolate. Some countries have changed the rules around sick pay to ensure universal access. Other […]

Coronavirus crisis: “Commission will use all the tools at its disposal to make sure the European economy weathers the storm”

This article is brought to you in association with the European Commission. During today’s EU leaders’ videoconference on the response to the COVID-19 outbreak, the Commission received a mandate to further step up its response to the Coronavirus, or COVID-19 outbreak, on all fronts and coordinate Member State actions. The crisis we face because of Coronavirus […]