Recovery – Mayors call for a new pact between the EU and cities

Eurocities’ mayors meet online with Executive Vice President Frans Timmermans from the European Commission

Cities want to play an active role in Europe’s recovery after the corona pandemic. Mayors of major European cities have offered a ‘new pact between the EU and city leadership’ to overcome the impacts of the crisis. In meetings with the European Commission’s Executive Vice President Frans Timmermans and Commissioners Paolo Gentiloni and Johannes Hahn on Friday, organised by Eurocities, the mayors proposed to involve city governments more in the EU recovery programmes and demanded direct access for cities to European funding. More details are outlined in a joint declaration: ‘EU recovery powered by cities’.

Continue reading “Recovery – Mayors call for a new pact between the EU and cities”

EU Commission: Overview of economic measures

The European Commission has published a summary of policy measures taken against the spread and the impact of the coronavirus. The 50 pages document lists initiatives with economic and financial relevance in the member states, including regional and city level. You can download the document here

EU – Flexibility to support the real economy

The European Commission has adopted a temporary framework to enable member states to use the full flexibility foreseen under state aid rules to support the economy in the context of the COVID-19 outbreak: Direct grants, selective tax advantages and advance payments, and state guarantees for loans taken by companies from banks. Member States will also be able to provide state guarantees to ensure banks keep providing loans to the customers that need them. Read more here

EU – Coronavirus Response Investment Initiative

European Commissioners Elisa Ferreira, responsible for Cohesion and Reforms; and Nicolas Schmit responsible for Jobs and Social Rights have sent letters to all the EU countries to inform them on the individual support they can receive under the Coronavirus Response Investment Initiative.

The letters, with individual country information are available here