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Energy crisis prompts SMEs to boost renewables, energy savings

The energy crisis, high prices and threat of supply disruption following Russia’s war against Ukraine has prompted many small and medium-sized enterprises (SMEs) to...

European Parliament overwhelmingly approves Coronavirus funding plan

During an extraordinary plenary session held in Brussels on Thursday, the European Parliament adopted almost unanimously the Commission's three funding proposals for salvaging EU...

Gulf nations have been quick to prevent economic downturn and Europe must do the same

From the outset of the novel coronavirus outbreak, it became clear that its repercussions would go far beyond public health. As countries have scrambled...

Draghi deems war-like mobilisation to prevent prolonged coronavirus economic depression necessary

"A deep recession is inevitable," former European Central Bank (ECB) President Mario Draghi said, echoing expectations of a deep EU and Eurozone recession for...

Eurozone finance ministers point at €410 bn bailout fund

Eurozone finance ministers at a Monday videoconference asked from the bloc's bailout fund, the European Stability Mechanism (ESM) to consider ways of tackling the...

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