# GDP

This picture shows the construction site of a high-rise building at the business district of La Defense west of Paris on October 21, 2020, as the country faces a new wave of infections to the Covid-19 (the novel coronavirus). - La Defense, the largest European business district and the fourth largest in the world, had to reshape its activity following the Covid-19 pandemic: work from home, barrier measures and safety guidelines. According to Paris-La Defense association district, 60% of its workers have returned to the office. However, following the lockdown, the generalisation of home working, the partial closure of bars and restaurants and, now, the curfew, the daily life of some 500 companies and 180,000 employees is permanently affected. (Photo by Christophe ARCHAMBAULT / AFP)
This picture shows the construction site […]

EU warns no return to pre-crisis economy before 2023

A second wave of the coronavirus pandemic has stalled a nascent recovery in Europe, as the EU warned that the economy would not return to pre-virus normality before 2023
European Commission President Ursula von der Leyen speaks during a plenary session of the European Parliament in Brussels on May 27, 2020, amid the Covid-19 pandemic caused by the novel coronavirus. Photo: Kenzo Tribouillard / AFP
European Commission President Ursula von […]

Battle ahead for EU’s 750-bn-euro recovery plan

European Union chief Ursula von der Leyen has proposed a 750-billion-euro post-virus recovery fund for Europe and urged sceptical member states to back it.
The illuminated sculpture of the Euro currency stands in front of the office highrise of the European Central Bank (ECB) in Frankfurt Main, Germany, 8 January 2014. The monetary watchdogs of the ECB have met to discuss issues on the policy for the European currency for the first time in 2014 on 9 January 2014. Photo: Arne Dedert/dpa/archive
The illuminated sculpture of the Euro cu […]

European Commission accepts Italy’s revised budget

Italy and the European Commission have announced a new budget deal after weeks of wrangling over the country's 2019 spending plans.