Covid-19: More ambition needed for EU recovery instruments, says majority of MEPs 
10 things the European Union is doing to fight COVID-19 Sustainable finance: European Council adopts a unified EU classification system IMF: Covid-19: Worst Economic Downturn Since the Great Depression European Council: Report on the economic policy response to the COVID-19 pandemic www.sincrogo.com / Tel. 91 110 34 44
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In the third quarter of 2020, 72.4% of people in the European Union (EU) aged between 20-64 years were employed, up 0.3 percentage points (pp) from the previous quarter (seasonally adjusted data) (Eurostat figures). The third quarter of 2020 was characterised by the reduction in restrictions imposed to contain COVID-19 across many countries and a […]
Small companies have been hit hard by the Covid-19 crisis. MEPs believe the EU can help by easing requirements and supporting their resilience. In a report adopted in December, Parliament advocated measures to support small and medium-sized enterprises (SMEs) in dealing with the crisis and the twin challenges of digitalisation and decarbonisation. The key importance […]
European Central Bank (ECB) has just publishes supervisory banking statistics for the third quarter of 2020. Main figures Capital ratios of significant institutions increase in third quarter of 2020, with aggregate total capital ratio standing at 19.05% (up from 18.66% in second quarter of 2020) Aggregate NPL ratio falls to 2.82% – lowest level since […]
Covid-19. EU labour market in the third quarter 2020. Throughout the third quarter 2020, the labour market across the European Union (EU) recovered to some extent as COVID-19 measures taken were relaxed by most Member States (Eurostat figures). Persons who had been temporarily absent from work thus returned to work, and those who had been […]
In November 2020, the euro area seasonally-adjusted unemployment rate was 8.3%, down from 8.4% in October 2020 and up from 7.4% in November 2019. The EU unemployment rate was 7.5% in November 2020, down from 7.6% in October 2020 and up from 6.6% in November 2019. These figures are published by Eurostat, the statistical office […]
Spain: The year 2020 closed with 755,613 people protected under a Temporary Lay-off Plan (Spanish acronym: ERTE), which means that the number of workers has remained stable since the month of September. Compared with the close of November, a decline of 95,607 people has taken place when taking into account the revised series according to […]
Spain and post Brexit. Spain has launched an informative campaign to facilitate the adaptation of individuals and economic operators to Brexit as from 1 January. The campaign includes consular attention with a One-stop Window to resolve doubts and help Spanish residents in the United Kingdom, through the Spanish Embassy in London and the consular offices […]
Brexit: The Spanish Minister for Territorial Policy and Public Function, Carolina Darias, and the Minister for Foreign Affairs, European Union and Cooperation, Arancha González Laya, chaired the meeting of the Conference for Affairs Related to the European Union (Spanish acronym: CARUE) to report to the regional councillors on the agreement reached between the European Union […]
The European Council has just approved conclusions which draw on the lessons from the current pandemic and cover four important areas. EU crisis management The Council takes note of the general need to enhance the Union’s crisis management and preparedness by strengthening the EU health security framework. In this sense, underlines the need to further […]
EU Budget 2021 has been approved. Commitment appropriations for 2021 total €164.3 billion; payment appropriations total €166.1 billion. After Council formally approved the agreement with Parliament on Monday, Parliament approved the budget on Friday (18 December) by 540 votes to 77, with 70 abstentions. It was then signed into law by President David Sassoli. Creating […]
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