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Tag: european

Coronavirus: Using European supercomputing, EU-funded research project announces promising results for potential treatment

EU-funded consortium Exscalate4CoV has announced that an already registered generic drug used to treat osteoporosis, Raloxifene, could be an effective treatment for COVID-19 patients with mildly symptomatic infection. The consortium is using an EU-backed supercomputing platform, one of the world’s most powerful, to check the potential impact of known molecules against the genomic structure of […]

Investment Plan in Spain: European Investment Bank and Banco Sabadell join forces to provide €576 million in loans to small businesses

The European Investment Bank is providing Spanish bank Banco Sabadell with a €96 million guarantee, allowing it to lend €576 million to SMEs and mid-cap companies in Spain. This financing agreement will benefit around 1,400 companies, which employ some 79,000 people. In addition, part of the loans must go to ‘green’ projects such as energy […]

Understanding and fighting disinformation: the European Digital Media Observatory kicks off

The EU-funded European Digital Media Observatory (EDMO) project started its activities yesterday. Led by the European University Institute of Florence (Italy), EDMO will support the creation and work of a multidisciplinary community composed of fact-checkers, academic researchers and other relevant stakeholders with expertise in the field of online disinformation. The project will contribute to a […]

EU budget for recovery: A green and just recovery

As announced by President von der Leyen, the Commission is proposing a new REACT-EU initiative to increase cohesion support to Member States to make their economies more resilient and sustainable in the crisis repair phase. This will help to bridge the gap between first response measures and longer-term recovery. Programmes such as the European Social […]

Coronavirus: EU Industry steps in to protect European citizens

European companies have quickly responded to this crisis. They have shown extraordinary solidarity to face the pandemic together in order to protect the health of the European citizens. Many companies across Europe retooled and revamped their production to meet the demand for Personal Protective Equipment (PPE), disinfectants and medical devices. Today, the Commission has published […]

European Semester Spring Package: Recommendations for a coordinated response to the coronavirus pandemic

The Commission has proposed today country-specific recommendations (CSRs) providing economic policy guidance to all EU Member States in the context of the coronavirus pandemic, focused on the most urgent challenges brought about by the pandemic and on relaunching sustainable growth. The recommendations are structured around two objectives: in the short-term, mitigating the coronavirus pandemic’s severe […]

Remarks by Executive Vice-President Dombrovskis at the press conference on the European Semester Spring Package

Good morning everybody, It is almost inconceivable how much life has changed since we presented our European Semester country reports in February. We had the lowest unemployment figures in a decade, highest employment levels ever recorded, and every EU economy was growing. Three months on, we now face a deep recession that is hitting every […]

What does the European Semester Spring Package include?

The European Semester Spring Package includes: A communication on the country-specific recommendations; Country-specific recommendations for 27 Member States and the United Kingdom; Reports under Article 126(3) of the Treaty on the Functioning of the EU (TFEU); The sixth enhanced surveillance report for Greece; Post-programme surveillance reports for Spain and Cyprus. How do the country-specific recommendations […]

Coronavirus: European Institute of Innovation and Technology mobilises €60 million Crisis Response Initiative

As part of the European Union’s collective efforts to tackle the coronavirus crisis, the European Institute of Innovation and Technology (EIT) has launched the EIT Crisis Response Initiativesupporting innovative solutions for social and economic recovery. Through this initiative, the EIT makes available €60 million in additional funding to help innovators generate high-impact solutions that address […]

Trade defence report: restoring the level playing field for European producers

EU trade defence measures are effective in reducing unfair international trading practices, according to an annual report published today by the European Commission. The anti-dumping or anti-subsidy duties imposed by the Commission lead on average to an 80% decrease in unfair imports, leaving other foreign supplies unaffected. EU measures protect now also 23,000 more jobs […]

117 solutions selected at European Hackathon to support recovery from the coronavirus outbreak

A total of 117 innovative solutions to support recovery from the coronavirus outbreak have been selected as winners of the #EUvsVirus Hackathon that took place last weekend,under the patronage of Mariya Gabriel, Commissioner for Innovation, Research, Culture, Education and Youth. The winning solutions of the hackathon, which was led by the European Innovation Council in […]

Coronavirus: additional €150 million for the European Innovation Council to fund breakthrough ideas

Today, the Commission announced that an additional €150 million will be made available through the European Innovation Council (EIC) Accelerator Pilot to support start-ups and small and medium-sized businesses in developing and deploying innovative solutions for the coronavirus crisis. The additional budget, set out in the revised EIC pilot work programme, is dedicated to companies […]

Coronavirus: EU Commission hosts a European hackathon to develop innovative solutions to fight the outbreak

As of tomorrow and throughout the weekend, the Commission will host the pan-European #EUvsVirus Hackathon, under the patronage of Mariya Gabriel, Commissioner for Innovation, Research, Culture, Education and Youth. The hackathon, led by the European Innovation Council and in close collaboration with the EU Member States, will connect civil society, innovators, partners and investors across […]

Second webinar organized on 23 April by the “COVID-19 Clinical Management Support System” on “inherited arrhythmia syndromes and COVID-19”

Two experts from the ERN GUARD-HEART and the Hospital Clínic of Barcelona in Spain will hold the seminar, which will take place on 23 April from 17.30 to 18.30 (CET). The purpose of the webinar is to provide clinicians with the most updated knowledge on how to manage patients affected both by inherited arrhythmia syndromes […]

EU response to the coronavirus crisis: European roadmap towards lifting containment measures, with recovery in sight

Today, the Commission, in coordination with the President of the European Council, has put forward a European roadmap to phase-out the containment measures due to the coronavirus outbreak. The necessary extraordinary measures taken by Member States and the EU are working. They have slowed down the spread of the virus and saved thousands of lives. […]

Coronavirus: Commission and European Investment Fund unlock €8 billion in finance for 100,000 small and medium-sized businesses

The European Commission has unlocked €1 billion from the European Fund for Strategic Investments that will serve as a guarantee to the European Investment Fund (EIF). This will allow the EIF to issue special guarantees to incentivise banks and other lenders to provide liquidity to at least 100,000 European SMEs and small mid-cap companies hit […]

SURE – How does this instrument relate to the previously announced European Unemployment Reinsurance Scheme?

Commission proposes SURE, a new temporary instrument worth up to €100 billion to help protect jobs and people in work In the Communication setting out its coordinated economic response to the coronavirus pandemic, the Commission committed to accelerating the preparation of its legislative proposal for a European Unemployment Reinsurance Scheme. The SURE instrument is the […]