The Commission has today received an official recovery and resilience plan from Ireland and Sweden.
More
The Commission approved the first decisions under REACT-EU (Recovery Assistance for Cohesion and the Territories of Europe) involving a modification of four operational programmes for the European Regional Development Fund (ERDF) in the Netherlands and Austria that will increase the funding available for investments by nearly €262 million from REACT-EU.
More
The crisis has hit small and medium enterprises especially hard, causing massive job losses and other economic scars. Among these—less noticeable, but also serious—is rising market power among dominant firms as they emerge even stronger while smaller rivals fall away.
More
The European Commission welcomes the European Parliament's vote today, confirming the political agreement reached on the Recovery and Resilience Facility (RRF) Regulation in December 2020.
More
The European Commission has approved the modification of 10 operational programmes in Portugal, redirecting a total of more than €1 billion of EU Cohesion policy funds, namely the European Regional Development Fund (ERDF), the Cohesion Fund (CF) and the European Social Fund (ESF). Along with a temporary increase of the EU co-financing rate to 100% for Cohesion policy projects tackling the
More
The pandemic is exacting a heavy toll on Europe. More than 240,000 people have lost their lives. Millions have suffered the illness themselves, the loss of loved ones, or major disruption in their work, their businesses, and their daily lives.
More
The Asia-Pacific region is recovering from its worst recession in living memory. Our latest Regional Economic Outlook shows that a recovery started in the third quarter, but growth engines are not all firing with the same power across countries, leading to a multispeed recovery.
More
An overwhelming majority of US and Canadian travelers (99 percent) are eager to travel again, with 70 percent stating that they plan to take a holiday in 2021, according to a Travel Leaders Group survey of nearly 3,000 frequent travelers. The survey was conducted in September in conjunction with the World Travel & Tourism Council
More