The President of the European Commission, Ursula von der Leyen, said on Wednesday that the supply of a possible vaccine for COVID-19 in Europe could start “in earnest in April”, as reported by Reuters. Von der Leyen has also pointed out that companies could deliver up to 50 million vaccines to the European Union, in […]
Tag: Europe
European Commission urges governments to intensify response to advance of COVID-19 cases
The European Commission has urged European Union (EU) governments to step up the response to the coronavirus pandemic amid rising infections, Reuters reported Wednesday. EU Commission calls for coordinated testing strategies in EU states, recommends the use of antigen tests. Announced the extension of the suspension until April 2021 of customs duties and sales tax […]
The governor of the Bank of Spain foresees a decade of “absolutely inevitable” adjustment measures
The Governor of the Bank of Spain, Pablo Hernández de Cos, foresees “a decade” of adjustment measures in Spain to face the structural deficit dragged down and multiplied by the pandemic. During his speech at the Expansión International Economic Forum, Hernández de Cos has identified the sustainability of public accounts as one of the structural […]
Tourism estimates that 9 million tests would be needed to reactivate Valencian airports
The opening of international corridors in the Valencian Community in the midst of a pandemic would require the completion of nine million tests at Alicante and Valencia airports between November 2020 and September 2021, half for visitors entering and the other half for those leaving. A study prepared by the Hosbec employer association, in collaboration […]
Manufacturing PMI rises to 26-month highs, services PMI falls to lows since May
IHS Markit has released its Eurozone PMI data for the month of October, reflecting a steady pace of recovery in the manufacturing sector and one contraction in services due to increased restrictions in the countries of the region to fight against the coronavirus. The preliminary manufacturing PMI for the month of October showed a rise […]
Šefčovič says there will be no fair deal in trade without fair treatment in fisheries
Maroš Šefčovič, Vice President for Interinstitutional Relations at the European Commission, has commented on Brexit, Reuters reports. Key Comments: “There will be no fair deal in trade without fair treatment in fisheries“. “Now is the time for responsibilities.” “A new agreement is not possible unless the last one is properly respected.” Earlier in the day, […]
Barnier says they are prepared to discuss all issues based on the legal text
“The attitude of the European Union has already changed and will not change until the last day“Chief Brexit negotiator for the EU, Michel Barnier, said on Wednesday. However, the Union is “willing to discuss all issues based on the legal text“, has added. Additional comments: We are going to need trust based on the current […]
Charles Michel says he wants a Brexit deal, but not at any price
Commenting on the deadlock in the Brexit deal, the President of the European Council, Charles Michel, said on Wednesday that “we want an agreement, but not at any price”. Additional comments: Equal conditions are a matter of fair competition. Stopping access to UK waters would cost extraordinary damage to the EU fishing fleet. We respect […]
Zahawi says that until the EU negotiates with us as sovereign, there is no point in talking
The UK business minister, Nadhim Zahawi, has diluted hopes for further talks until the European Union considers additional concessions, in an interview with Sky News on Tuesday. Zahawi has said that “until (the EU) makes it very clear that it is willing to negotiate with us as an equal, as sovereignSo there is no point […]
The recovery of the Chinese economy shoots up: it grows 4.9% in the third quarter
In the rebirth of post-covid China, the scare of an economy that contracted by 6.8% in the first quarter of the year, the first fall since the end of the Cultural Revolution in 1976, seems to be left behind. Blockades to curb the coronavirus left the second world power trembling. The factory of the […]
