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
Supply chain crisis snags economic recovery
Closed factories, clogged ports, no truck drivers -- up and down the global supply chain there are problems, raising concerns that it could disrupt the global economic recovery
Germany’s likely next coalition sketches out its plans
The three parties likely to form Germany's next government have outlined plans for Europe's biggest economy in an initial coalition agreement, touching on issues such as the minimum wage, taxes and climate protection
EU targets high energy prices
The EU has presented a "toolbox" of measures to mitigate an energy crunch that threatens to send Europeans' power bills soaring
Climate justice: Rich nations dodge finance pledge
$100 billion a year in aid was promised over a decade ago to help developing nations curb carbon pollution and adapt to climate impacts. But rich countries haven't delivered
Key questions on the global tax movement
Ireland has signed up to a global minimum corporate tax rate. What does it mean for the global reforms and how will it affect multinationals?
Offshore companies at the heart of ‘Pandora Papers’
Offshore companies are a lynchpin in the system used by leaders and the ultra-rich to hide assets that was exposed in the leaked documents dubbed the "Pandora Papers". So what are they?