Friday

30th Jul 2021

Ticker

EU starts sale of first bonds for Covid-19 recovery fund

The EU on Monday began selling the first bonds backing its €800bn Covid-19 recovery fund, budget commissioner Johannes Hahn said. The sale of the 10-year bond is the start of the debt-issuance between now and 2026, which will back grants and loans EU governments need to boost their recovery. The sale should be completed on Tuesday. The bloc has said it plans to issue €80bn of debt this year.

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Opinion

Can Greece work with Biden to solve the West Balkans impasse?

Greece has always been Europe's outlier. It faces an implacably hostile neighbour in Turkey under its assertive authoritarian president, Recep Tayyip Erdoğan. Until Bulgaria joined the EU in 2007, Greece had no European Union member state as a neighbour.

EU and UK frustrated at US travel ban extension

The US remains closed to tourists from the EU and the UK - a situation that has prompted frustration and urgent calls for the reopening of international travel to vaccinated individuals by industry and countries.

Polish judges rally behind EU court ruling

Thousands of Polish judges, prosecutors and lawyers have rallied to support the primacy of EU law, amid demands for Poland to suspend a politically-charged disciplinary chamber for judges.

Opinion

Why 'Fit for 55' isn't fit for purpose

In a worst-case scenario, the EU's climate policies would exclude developing nations from international trade, forcing them to trade with each other, forming economic and environmental 'ghettos' while the wealthy West enjoys the benefits of free trade and clean energy.

EU hits vaccination target, as Delta variant now dominates

The European Union has vaccinated 70 percent of its adult population with one shot. "The EU has kept its word and delivered," said EU Commission president, Ursula von der Leyen. However, only 57 percent of adult Europeans are fully-vaccinated.

News in Brief

  1. US backs WHO plan for further Covid-origin investigation
  2. EU to buy 220,000 supplies of potential Covid treatment
  3. Report: Balkan states seek 'mini-Schengen'
  4. Lithuania sees new spike in migrant crossings from Belarus
  5. Google challenges Germany's new hate-speech law
  6. EU pauses Brexit legal threat on Northern Ireland
  7. US names its ambassador to EU
  8. UK in talks with US for travel corridor

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Latest News

  1. Can Greece work with Biden to solve the West Balkans impasse?
  2. EU and UK frustrated at US travel ban extension
  3. Polish judges rally behind EU court ruling
  4. Why 'Fit for 55' isn't fit for purpose
  5. EU hits vaccination target, as Delta variant now dominates
  6. European arms 'displaced over a million people', research finds
  7. Brexit: what is the 'Lugano Convention' and does it matter?
  8. US maintains summer travel ban on EU tourists

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