The blog by Sincro: The power of information

21 Feb
Eu budget european union

European Council sets its priorities for the 2021 EU budget: 11 conclusions

The European Council has adopted the following conclusions setting out its priorities for the 2021 EU budget. ​”1. The Council underlines that the budgetary procedure for 2021 will be the first in the new programming period 2021-2027. In this regard, the budget will play an important role in the development and delivery of the Union’s […]

20 Feb
VAT European Council

VAT: European Council adopts simplified rules for small businesses

The European Council has just adopted simplified VAT rules applicable to small businesses. The new rules will apply as of 1 January 2025. The purpose of the new measures is to reduce the administrative burden and compliance costs for small enterprises and create a fiscal environment which will help small enterprises grow and trade across […]

18 Feb

White Paper on Artificial Intelligence will be presented tomorrow

Artificial intelligence and digital initiatives to be scrutinised by MEPs tomorrow (19 February). Commissioner Breton will present to and debate with MEPs the initiatives that the Commission will put forward on 19 February: A Strategy for Europe Fit for the Digital Age White Paper on Artificial Intelligence European Data Strategy Strategy for Europe – Fit […]

17 Feb
spanish bankrupt

Spain: The number of bankrupt debtors increases its annual rate by 14.6% in the fourth quarter of 2019

Spain. During the fourth quarter of 2019, the number of bankrupt debtors reached 1,979 representing a 14.6% increase, as compared with the same period of the previous year (figures released by Spanish Statistical Office, INE). By type of bankruptcy, 1,855 were voluntary (14.0% more than in the fourth quarter of 2018) and 124 were necessary […]

14 Feb
spain labour market

IMF: Spain’s Labour Market reforms, implemented around 2012, have arguably contributed to a faster and stronger economic recovery

IMF has just published “Distributional Implications of Labor Market Reforms: Learning from Spain’s Experience”. According to this study, Spain’s structural reforms, implemented around 2012, have arguably contributed to a faster and stronger economic recovery. In particular, there is strong evidence that the 2012 labor market reforms increased wage flexibility, which helped the Spanish economy to […]

13 Feb
ECB finantial challenges

ECB policy is working, but new challenges need new responses (MEPs asks the ECB to address financial technology challenges)

MEPs have asked the European Central Bank to step up its green credentials and address growing financial technology challenges. The resolution, setting out Parliament’s priorities on the European Central Bank‘s (ECB) future policies, spearheaded by Costas Mavrides (S&D, CY), was approved on Wednesday by 452 votes in favour, 142 against and 33 abstentions following Tuesday’s […]

12 Feb
euro area industrial production Eurostat

Industrial production down by 2.1% in euro area

In December 2019 compared with November 2019, seasonally adjusted industrial production fell by 2.1% in the euro area (EA19) and by 2.0% in the EU27, according to estimates from Eurostat, the statistical office of the European Union. In November 2019, industrial production remained stable in the euro area and in the EU27. In December 2019 […]

11 Feb
invest in spain 2020

ICEX releases “Investment trends and records in Spain” Report (February 2020 Edition)

ICEX – Invest in Spain has just released the last edition of Report “Investment trends and récords in Spain”  (February 2020 Edition) The report includes information about the Spanish economy and conditions for investment in Spain. I also includes data on foreign investment in Spain from sources such as investments registration, FDI Markets and UNCTAD. […]

10 Feb
eu budget

Long-term EU budget: The Union’s ambitions must be matched with sufficient reliable funding

EP negotiators for the post-2020 EU budget discussed their priorities with European Council President Charles Michel, ahead of a crucial plenary debate on the budget next week. Digitalisation In the meeting in the European Parliament in Brussels on Friday, MEPs reiterated their call for an ambitious multiannual financial framework (MFF) that ensures the continuity of […]

07 Feb

ECB President discusses the European Central Bank’s policy revamp with MEPs

ECB President Christine Lagarde, on Thursday fielded questions from the Economic and Monetary Affairs Committee on the review of the bank’s monetary policy. In her opening remarks, Ms Lagarde set out the ECB’s outlook for the Euro area characterised by sluggish growth and sought to justify how the ECB’s actions, within that economic environment, were […]

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