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29 May
EU Budget

EU Budget 2021 must be an important part of the COVID-19 recovery plan

European Union: The 2021 budget priorities should be to mitigate the effects of the COVID-19 outbreak and support the recovery, building on the Green Deal and digital transformation. In the resolution by rapporteur Pierre Larrouturou (S&D, FR), adopted by the Committee on Budgets on Thursday (28 May) by 33 votes against 4, with 1 abstention, […]

26 May
European Union Covid19

COVID-19: Single market must emerge stronger from the crisis, say MEPs

COVID-19: State aid must be temporary, limited and designed to avoid bankruptcies. Economic and Monetary Affairs Committee MEPs voiced concerns about the internal market during a debate with Commission Executive Vice-President Vestager on Monday, 25 May. The majority of MEPs perceive the timely state aid schemes as a lifeline for companies during the COVID-19 crisis. […]

28 Apr
covid19 European Union

Covid-19: MEPs call for concrete details and novel tools to address the economic crisis

Covid-19: MEPs on Monday quizzed Commissioners Dombrovskis and Gentiloni on planned measures to tackle the looming economic crisis due to COVID-19. Opening the discussion held within the Economic and Monetary Affairs Committee, Committee Chair Irene Tinagli (S&D, IT) underlined that although the measures agreed by the European Council were to be welcomed, more was needed, […]

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 […]

06 Apr
European Union Covid-19 MEPS

COVID-19: Budget MEPs call for quick progress on post-2020 contingency plan

MEPs welcome Commission President’s announcement to update post-2020 EU budget proposal but urgently call for a more ambitious text than current one- Considering the health crisis and consequent delays to finding a timely agreement on the new long-term EU budget, Budget MEPs reiterate their call for an urgent 2021 contingency plan. While work on establishing […]

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 […]

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 […]

16 Jan
Brexit Withdrawal Agreement

Brexit: MEPs concerned about citizens’ rights

European Parliament highlights that assurances are needed on the protection of citizens’ rights to ensure its consent to the Withdrawal Agreement. In a resolution adopted on Wednesday, MEPs take stock of citizens’ rights in the context of Brexit and highlight that their consent to the Withdrawal Agreement will take into account “experiences gained and assurances […]


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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