Economy

A comprehensive economic and social transformation that enables our societies to deliver prosperity, and well-being, within the physical limits of our planet.

sign saying planet earth first © Tobias VJ
sign saying planet earth first © Tobias VJ

Greens/EFA group propose €5 trillion sustainable recovery plan

Corona crisis

Tuesday 28 April, the Greens/EFA group has just released an in-depth sustainable recovery plan for the EU to exit the Corona virus crisis. The Greens/EFA group are calling for a €5 trillion green recovery to build a more resilient, sustainable, and fairer future for Europe and the world.


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Greens/EFA Recovery and Resilience Plan

Greens/EFA Recovery and Resilience Plan

More than ever, we Europeans see the importance of strong cooperation and solidarity to face collective economic, social and environmental threats. More than ever we Europeans understand the immeasurable value of well-funded and well-run public services and safety nets that underpin stable and inclusive societies and economies that truly work for all people.


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Solidarity rainbows during corona in leeds_Uk
Solidarity rainbows during corona in leeds_Uk @dan burton

What world do we want to return to?

Greens/EFA Recovery and Resilience Plan

More than ever, people in Europe and everywhere understand that with solidarity and cooperation we can overcome the COVID-19 crisis. Together, we can make another European and global future, one that is more socially, economically and environmentally resilient. Read our plan


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Picture of European Council meeting
European External Action Service (https://www.flickr.com/photos/eeas/32978511020)

Majority of EU leaders keep kicking the can down the road

European Council

We need a big effort to tackle the economic and financial crisis with solidarity and a recovery package, including increasing the European budget, setting up a vast recovery fund and sharing responsibility within the European Union. As a package, all measures can achieve European financial and economic recovery.


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Budget
Budget © nobiggie

The GREENS/EFA Financial Recovery Plan

Ahead of the final stage of the negotiations on the forthcoming long-term EU budget, we would like to present our proposal for an EU plan to tackle the COVID-19 outbreak from a budgetary point of view. This paper complements the Greens/EFA group’s proposal for a EU coronavirus fund.


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European flags
© Photo European Parliament

Coronavirus / Europe's islands - call for urgent EU intervention

Press Release from EFA MEP François Alfonsi (Corsica)

Europe's islands could face economic collapse as a result of the necessary measures put in place to combat the spread of Coronavirus, and targetted intervention at EU level is needed to prevent this. That is the message that a cross party group of MEPs representing many of Europe's island...


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Board announcing emergency linked to Coronavirus disease outbreak
© Markus Spiske - Unsplash

Repeal of confinement measures must be coordinated at EU-level

Coronavirus

Commission President Ursula von der Leyen and Council President Charles Michel, presented the roadmap Joint European Roadmap towards lifting COVID-19 containment measures.


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banknotes
©chiara-daneluzzi

Ministers agree on fiscal measures to combat COVID-19 crisis, now EU leaders must decide on Corona bonds

Eurogroup/Corona crisis

Last night, European finance ministers reached an agreement on the COVID-19 crisis to utilise the European Stability Mechanism (ESM) to finance support for the domestic financing of costs related to healthcare, cure and prevention costs for the Coronavirus. The Eurogroup meeting also agreed to the Commission's SURE proposal for unemployment due to the crisis and the European Investment Bank pan-European guarantee plan.


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euro-symbol
(C) Lars Aronsson

Greens/EFA call for corona bonds in response to the crisis

Eurogroup/Corona crisis

Ahead of tomorrow's Eurogroup meeting of eurozone Finance Ministers, Greens/EFA Members of the Economic and Monetary Affairs Committee in the European Parliament are calling for European solidarity and corona bonds issued by an EU fund in a new paper in response to the corona crisis


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Jigsaw and money
Jigsaw and money © alexsl

The Greens/EFA’s proposal for an EU coronavirus fund

Ahead of the Eurogroup meeting on 7th of April 2020, the Greens/EFA Group in the European Parliament unveils a proposal for an EU coronavirus fund to tackle the economic consequences of the COVID-19 outbreak. Europe is in a critical situation and we need European solidarity now more than ever.


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European flag 530x390
© Alexander Briel

Now Europe, now Eurobonds

In the last days, we have witnessed an inexplicable European paralysis to address the COVID-19 crisis. It has taken too long to see patients crossing borders to be treated in neighbouring countries, or material circulating from one country to another. Fortunately, it seems that solidarity within Europe is growing every day, and we are finally reacting on the health-care front.


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European Council
European External Action Service (https://www.flickr.com/photos/eeas/32978511020)

European Council summit

Quote from Ska Keller MEP

Following last night's video conference meeting of EU leaders, President of the Greens/EFA group in the European Parliament, Ska Keller MEP, comments: "Despite being in the midst of an unprecedented public health emergency, it's shameful that European governments were unable to agree...


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