iulie 2020 Month:

COVID-19 update 34 – 25-30/07/2020

The European Commission has launched its new corona recovery task force. It will be steered by Commission President von der Leyen, along with her three Executive Vice-Presidents, Vestager, Timmermans and Dombrovskis, the Economy Commissioner Gentiloni, the Secretary General and a representative of DG ECFIN. The task force will guide the EU recovery from Brussels (Source: […]

COVID-19 update 33 – 18-24/07/2020

After almost five days of negotiations, the Member States of the European Union have agreed to a deal on the Multiannual Framework for 2021-2027, the EU’s next budget, and the EU’s COVID-19 Recovery Plan, dubbed “Next Generation EU” (NGEU). NGEU will remain worth €750 billion as proposed in May 2020 but will now be composed […]

Analiza Grupului de lucru CNSM privind diminuarea vulnerabilităților provenind din creșterea deficitului balanței comerciale cu produse agroalimentare

Deficitul comercial cu produse alimentare a devenit important (4,3 mld euro, decembrie 2019), dublându-se în ultimii cinci ani. Acest deficit este parțial diminuat de excedentul comerțului extern cu cereale (2,2 mld euro, decembrie 2019). Pe ansamblu, balanța comercială cu produse agroalimentare a devenit o vulnerabilitate, cu posibil potențial sistemic, din cel puțin două motive: (i) existența unei relații strânse […]

COVID-19 update 32 – 11-17/07/2020

The European Commission has welcomed a list of ‘best practices’ agreed by the financial sector, and consumer and business organisations, to help further mitigate the impact of the coronavirus pandemic. These practices include payment moratoria for consumer and business loans, and for insurance contributions: enabling safer cashless payments while ensuring cash payments remain available for […]

COVID-19 update 30 – 30/06-02/07/2020

The European Commission has replied to a parliamentary question on the controversial Bulgarian emergency decree by German MEP Daniel Caspary (EPP). The decree of 13 April 2020 required retailers to allocate “sufficient space” to products from the same administrative district. For some product this local quota was as high as 90%. Caspary sensed a massive […]

COVID-19 update 29 – 25-29/06/2020

The International Monetary Fund (IMF) has again adjusted its economic forecasts due to the coronavirus crisis. For the global economy, the IMF now predicts a 4,9% contraction for 2020. Its forecast for the Eurozone worsened from a 7,5% recession (April) to a 10,2% recession. The economies of France (-12,5%), Spain (-12,8%), Italy (-12,8%), Germany (-7,8%) […]

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