- Resources for Journalists
- Join us
Due to COVID-19, the economic losses of the European Cultural and Creative Industry (CCI) businesses will add up to billions of Euros. The EU stepped in with a top-up of its flagship Creative Europe programme. But pumping more money into the system won’t do. In many EU countries, the crisis has highlighted structural inequalities within the sector. And workers have started to mobilise.
The European recovery plan is in a bad state. Already criticized for its slow implementation, the European Union now faces another issue with Germany, as the German Constitutional Court suspended on March 25 the ratification process of the "Next generation EU" plan at the national level.
Due to Brexit and multiple lockdowns, hundreds of thousands of expats have left Britain in 2020.
Pharmaceutical giants producing COVID-19 vaccines are open to collaboration with third parties, as long as they retain control on vaccine licenses and profits. EU member states complain about supply shortages, but fail to question the power of Big Pharma.
Climate change-related extreme events have seriously damaged the countries of the European Economic Area, accounting for loss of almost 3 percent of GDP for each country per year, according to a new report by the European Environment Agency.
The coronavirus pandemic has instigated fears of economic uncertainty among various economic actors, including among consumers, distributors, and industry. However, the latest Eurostat figures show that confidence among economic actors is more or less holding up despite the health crisis.
When it was rumoured that banknotes could be spreading the coronavirus, banks that teamed up with card networks rubbed their hands with glee. Mastercard, Visa or the Internet giants like Google Pay or Apple Pay saw a unique opportunity to convince consumers to use their technology. Overnight, merchants in most European countries allowed card purchases for amounts that were sometimes less than one euro, with lower transaction fees, while supermarkets encouraged customers to pay for their groceries through contactless payment.
Without an agreement, it will be very difficult to export cars, medicines or Welsh lamb to the continent. Companies operating in these sectors are trying to prepare as best as they can.
The European Union shifts between defending citizens’ health and defending pharmaceutical industry monopoly by opposing the liberalization of vaccine production. This might only delay achieving the immunisation necessary for economic recovery. We delve into this issue in a three-part investigation.
The latest ILO report shows that migrant workers have more precarious contacts and earn 13 percent less on average than domestic workers, for equal work. This gap is widening, and is particularly stark for female migrants.