Green Economy – EuroTimes

What Is The Price Of Nature? Experts Say It’s Not A Good Idea

Gaston de Persigny — Sat, 20 May 2023 11:00:26 +0000

Vandana Shiva, a physicist/ecologist who spoke at the European Parliament about the need to “put a price” on nature, walked off the stage in a moment which could have been interpreted as a polite act of rebellion. After returning to the panel, she said: “I have dedicated the last 50 years of my career to […]

A Feminist Future Is Needed To Ensure A Credible Future That Goes Beyond Growth

Gaston de Persigny — Fri, 19 May 2023 10:57:03 +0000

Economic success measures are inherently sexist, and they are also unsustainable. Climate injustice and gender discrimination are no longer acceptable. Our message is clear, precisely as the 2023 Beyond Growth Conference prepares to build a policy shift toward a more sustainable, just and equitable Europe. Economic, social, and environmental sustainability, and justice, must be deeply […]

MEPs Urge Orban, To Act To Unlock EU Money

Yuki Dobber — Thu, 18 May 2023 10:44:44 +0000

MEPs in charge of controlling the spending of EU funds continue to be “greatly concerned” about how Hungary manages EU money. They have called on Prime Minister Viktor Orban to implement reforms that will unblock EU funds that are currently suspended. Monika Hohlmeier, a German MEP of the centre-right party, told reporters in Budapest on […]

[Exclusive] MEP Luxury Pension Held Corporate Assets In Tax Havens

Juan Sanchez Gil — Wed, 17 May 2023 08:54:59 +0000

While the European Parliament was demanding a clamp down on tax havens, many of its own MEPs were using their monthly office allowances to finance a luxury pension scheme that held corporate assets in the Cayman Islands, Bermuda and elsewhere. The investments, including in large banks requiring bailouts, were made at the height of 2008-2010 […]

Plans For EU Anti-Money Laundering Hub

Guest Author — Tue, 16 May 2023 08:23:44 +0000

Plans are being developed for the new EU anti-money laundering agency. It will have 150 employees in its first year, and 300-350 over the next two years. “Before reaching 400 in cruising regime,” said the European Commission in a memo dated 10th May, seen by EUobserver. The office will be 10,000 square metres with a […]

EU: Wage Earners Will ‘bear The Brunt’ Of Inflation By 2023

Juan Sanchez Gil — Tue, 16 May 2023 08:23:43 +0000

The European Commission increased its economic growth projection on Monday (15 May), stating that lower energy prices, and a strong labor market would help the EU narrowly avoid a recession. The Spring Economic Forecast 2023 has raised the growth forecast for this year to 1.0 percent, which is slightly higher than the 0.8 percent predicted […]

Auditors Find That The ECB Is Too Lax When It Comes To Monitoring Credit Risk

Petar Gramatikov — Tue, 16 May 2023 08:23:41 +0000

The EU Court of Auditors stated on Friday (12 May) that European Central Bank supervisors were too lax in their supervision of how they managed credit risk. The auditor has been criticising the ECB since a long time for not doing enough to encourage the little over 100 banks (82 percent of total) it supervises, […]

[Interview] Joseph Stiglitz On The ‘excessive Zeal Of Central Banks’ To Combat Inflation

John B. Rowlands — Mon, 15 May 2023 08:14:31 +0000

This week, the top European legislators will meet in Brussels at the Beyond Growth Conference, where they’ll try to imagine a world that isn’t solely devoted to economic growth. This may be a challenge for some. Ursula von der Leyen, the EU Commission President, launched the EU Green Deal in 2019. She officially dubbed this […]

Majority Of EU Countries In 2022 Didn’t Resettle Even A Single Refugee.

Juan Sanchez Gil — Sat, 13 May 2023 07:14:16 +0000

Listen to the article A majority of EU countries failed to resettle refugee last year. They broke their promises to help evacuate up to 20,000 people who were vetted by UN Refugee Agency. Just under 17,000 people were instead hosted, with the majority going to Germany (4,787) and Sweden (4,535), and a smaller number going […]

What Is Economic Resilience And Why Does It Matter?

Sarah Sebestian — Sat, 13 May 2023 07:14:13 +0000

Various organizations, such as the UN and OECD, have called for more resilient economic systems. What is economic resilience? It is important to clarify briefly what economic resilience does not mean. It’s not just the ability to absorb shocks, and return to the status quo quickly. Our economies struggle to deliver environmental and socio-economic progress. […]