European Commission

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Support package to mitigate the effects of COVID-19 on employment (SURE)

As part of its emergency support package to tackle the economic impact of the COVID-19 crisis, the EU is setting up a temporary instrument to help workers keep their jobs during the crisis. As of the 15th of May, the European Council has announced the political agreement reached by EU ambassadors on...
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Commissioner Breton on the Tourism & Transport Package

In the current times of recovery from the COVID-19 pandemic, the tourism industry is preparing to reopen its doors to renewed economic activities with caution. At the time of presenting the package the European Commissioner for Internal Market, Thierry Breton, expressed his views on how the European...
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Fit-for-Future platform open for registration

The European Commission has recently launched an expert group platform called ‘Fit for Future’ which will involve representatives of European Union Member States and key stakeholders from various policy areas (Agriculture, Budget, Climate, Competition, Consumer affairs, Energy, Enlargement...
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Study on the effectiveness of public innovation support for SMEs in Europe: Clusters can help!

The Executive Agency for Small and Medium-Sized Enterprises (EASME) is involved in implementing parts of the H2020 programme on behalf of the European Commission. They have recently launched a study on the effectiveness of public innovation support for SMEs in Europe. The study aims to understand: •...
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The Eurogroup’s agreement on the COVID-19 Crisis Support Instrument

The European Commission has welcomed the Eurogroup’s agreement on the Pandemic Crisis Support instrument of the European Stability Mechanism. This plan will provide support to all countries in the Eurozone for the financing of healthcare, cure, and prevention costs posed by the COVID-19 pandemic...
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Postponement of EU taxation rules due to COVID-19 crisis

The European Commission has announced the postponement of the entry into force of two EU taxation measures taking into account the difficulties that businesses and Member States are facing at the moment as a result of the COVID-19 pandemic. The European Commission has proposed to delay the...
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EU Emergency Support Instrument to tackle the COVID-19 pandemic

The European Commission has announced its steady commitment to continue the provision of medical equipment in the fight against the COVID-19 pandemic. The Emergency Support Instrument is the financing arm of the Joint European Roadmap towards lifting COVID-19 containment measures. It provides direct...
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The European Commission supports Member States in their transition to a climate-neutral economy

The European Commission has approved all requests made by 18 Member States for support with the preparation of their territorial just transition plans, which each Member State will have to draw up to get access to funding from the Just Transition Mechanism. The Just Transition Mechanism is part of...
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Commissioner Breton's speech on the future of EU industry

On 24 April, the current Commissioner for Internal Market, Thierry Breton (France), delivered a speech in front of the European Parliament's Committee on Industry, Research and Energy. In his speech, addressed to Davide Sassoli, President of the European Parliament, Christian-Silviu Busoi, Chair of...
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Spring 2020 Economic Forecast of the European Union 

The COVID-19 pandemic represents a major shock for global and EU economies, with very severe socio-economic consequences. Despite the swift and comprehensive policy response at both EU and national levels, the EU economy will experience a recession of historic proportions this year. The Spring 2020...
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Support package for the Agriculture and Agri-food Sectors

The European Commission announced on the 22nd April 2020 the extension of a package with exceptional support measures to assist the agricultural and agri-food sectors most affected by the COVID-19 crisis. The exceptional measures include private storage aid for the dairy and meat sector, the...
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State Aid measures approvals for EU Member States

The European Commission has announced the approval of 127 State Aid measures in April for the EU Member States. These aid measures aim to support businesses and protect livelihoods across Europe during the COVID-19 outbreak. The European Commission continues to work closely with each EU Member State...