The European economy has been harshly hit by the coronavirus crisis. In a few months, the European Union has managed to take a new step towards solidarity between its member states with the adoption of a maxi recovery plan worth 750 billion euros, financed by commonly-issued debt f for the very first time. EU leaders also approved a new seven-year European budget of 1.1 trillion euros. How will the governments of the world's second economic zone use the resources to help their countries bouncing back?
Economy
The economic recovery of Europe
The gas ‘poker game’ between Russia and Europe
The drop in Russian gas flows to the European Union has had no major effect on supplies, but it raises pressure on the region to wean itself off Moscow's energy
Russian gas stop clouds outlook for solar panel supplier
In a glassworks in Tschernitz, a stone's throw from the border with Poland, the roar of the furnaces cannot drown out worried whispers about Russian gas supplies to Germany being cut off
Five challenges for Macron in new term
French President Emmanuel Macron faces a daunting range of tasks after defeating far-right leader Marine Le Pen and winning a new term at the Elysee Palace. AFP looks at five challenges ahead for the centrist
Europe warms up to Russian shipping blockade
One of Sweden's two main dockworkers' unions decided at the end of March that it would not unload vessels with ties to Russia, in protest against Moscow's invasion of Ukraine
Ukraine war sparking turmoil for world economy: EBRD
The Ukraine war has major economic consequences for energy, food, inflation and poverty, according to the European Bank for Reconstruction and Development. The EBRD's chief economist spoke to AFP about the fallout from Russia's invasion
How much gas comes from Russia?
The share of national gas imports from Russia is over 50% in some EU countries. This interactive map shows how this looks in the individual member states. In addition, the graphic provides an overview of the most important gas pipelines from Russia to Europe.