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15 Jul
European Union capital markets

Spanish Government presents 2020 Progress Report on implementation of 2030 Agenda

The Spanish Government presents 2020 Progress Report on implementation of 2030 Agenda The document analyses and evaluates the policies developed over the last year to implement the 2030 Agenda in Spain and offers responses to the health, economic and social crisis stemming from the coronavirus. The government also approved measures aimed at families, vulnerable groups […]

08 Jul
covid fund economy

OECD: Unemployment is projected to reach nearly 10% in OECD countries by the end of 2020 due to Covid-19

COVID-19 is causing activity to collapse and unemployment to soar. As the effects of the pandemic and containment measures hit OECD economies, millions of people have been unable to go to work, resulting in an exceptionally stark drop in activity and unprecedented job losses. Up to 10 times fewer hours were worked in some countries, […]

17 Jun
european union Covid-19

Covid-19: Member States agree on an interoperability solution for mobile tracing and warning apps

Covid-19: Member States, with the support of the Commission, have agreed on a set of technical specifications to ensure a safe exchange of information between national contact tracing apps based on a decentralised architecture. This concerns the vast majority of tracing apps that were already – or are about to be – launched in the […]

11 Jun
OECD economy perspectives covid19

OECD: Global economy faces a tightrope walk to recovery

The Covid-19 pandemic has triggered the most severe recession in nearly a century and is causing enormous damage to people’s health, jobs and well-being, according to the OECD’s latest Economic Outlook. As restrictions begin to ease, the path to economic recovery remains highly uncertain and vulnerable to a second wave of infections. Strengthening healthcare systems […]

04 Jun
ECB monetary policy decission

Covid-19: Monetary policy decisions adopted today by Governing Council of the ECB

Covid-19 At today’s meeting (4 June) the Governing Council of the European Central Banck (ECB) took the following monetary policy decisions: 1.  The envelope for the pandemic emergency purchase programme (PEPP) will be increased by €600 billion to a total of €1,350 billion. In response to the pandemic-related downward revision to inflation over the projection […]

28 May
European Union utilities workers eurostat

Eurostat: Three quarters of utility workers are men

In 2019, 4.6 million persons aged 15 years or older were employed in the utilities sector in the European Union (EU), representing 2.3% of all persons employed, according to Eurostat. The utilities sector covers electricity, gas, steam and air conditioning supply (31% of the employment in the sector), waste collection, treatment and disposal activities (22%), […]

21 May
SURE European Union

COVID-19: Council adopts temporary support to mitigate unemployment risks in an emergency (SURE)

COVID-19: Council adopts temporary support to mitigate unemployment risks in an emergency (SURE) As part of its emergency support package to tackle the economic impact of the COVID-19 crisis, the EU has put in place a temporary instrument to help workers keep their jobs during the crisis. The Council today adopted SURE, a temporary scheme […]

05 May
Covid19 ILO

World Bank: Most commodity prices to drop in 2020 as coronavirus depresses demand and disrupts supply

World Bank. The global economic shock of the COVID-19 pandemic has driven most commodity prices down and is expected to result in substantially lower prices over 2020, the World Bank said in its April Commodity Markets Outlook. Energy and metals commodities are the most affected by the sudden stop to economic activity and the serious […]

23 Apr
Covid-19 European Union MEPS

Covid-19: More ambition needed for EU recovery instruments, says majority of MEPs

Covid-19: Days after Eurogroup proposals for mitigating the economic crisis due to COVID-19 and ahead of the European Council, MEPs met with Eurogroup President Mario Centeno. During the hearing in the Economic and Monetary Affairs Committee, numerous MEPs called for stronger measures to be put forward, arguing that the ones currently on the table consisted […]

13 Apr
European Union coronavirus

European Council: Report on the economic policy response to the COVID-19 pandemic

European Council: Report on the comprehensive economic policy response to the COVID-19 pandemic. The COVID-19 pandemic constitutes an unprecedented challenge with very severe socio-economic consequences. We are committed to do everything necessary to meet this challenge in a spirit of solidarity. A coordinated and comprehensive strategy is necessary to deal with health emergency needs, to […]


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Sincro’s blog is designed to provide daily information on labour, fiscal and economic news. We do not provide free advice nor do we answer personalized queries that come to us through the blog. If you need advice, do not hesitate to contact our Team of Experts to request a quote.

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