recovery

European Commission to issue €50 billion in long-term bonds by June 2022 to finance the recovery

Following the successful start of borrowing to finance the NextGenerationEU recovery in June 2021, and in line with its strategy for open and transparent communication to financial markets, the European…

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EU Commission says grey-listing may impact Malta’s recovery

Malta’s economy grew at a solid quarter-on-quarter rate of 1.9% in the first quarter of this year, driven mainlyby service exports. After a considerable decline (-7.8%) in 2020, real GDP…

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Maltese economic recovery dependent on tourism says EC in Winter forecast

The Maltese economy registered a severe contraction in 2020 with limitations on air traffic, tourism and social activities being mainly to blame for an expected fall in real GDP of…

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COVID-19: deal to give go-ahead to the new Recovery and Resilience Facility

Today, Parliament’s negotiators agreed with Council on the instrument designed to help EU countries tackle the effects and consequences of the COVID-19 pandemic. The text, agreed on Friday by negotiators…

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Italy PM Conte says won’t accept “weak compromise” on EU recovery fund

Italian Prime Minister Giuseppe Conte said on Tuesday the European Union must provide a strong response to the economic crisis caused by the COVID-19 pandemic, adding that support measures must be activated rapidly.…

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Europe’s recovery needs solidarity and smart spending – EPP

The centre-right EPP Group in the European Parliament is insisting that solidarity and responsibility go hand in hand by addressing both the economic recovery as well as by ensuring Europe…

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EU Progressives urge swift agreement on recovery financing

Swift adoption of the recovery plan and the revamped financial framework will be vital for our economies and our Union, PES Europe ministers agreed as they met by videoconference to…

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Be part of the national effort – PM Abela

In an op-ed on the Sunday Times, entitled Be part of the national effort Prime Minister Robert Abela said that over recent months Malta faced the biggest challenge our young republic…

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Malta: Alfred Sant questions who will benefit from EU Coronavirus recovery plan

Labour MEP Alfred Sant today welcomed the objectives of the EU Recovery package aimed at relaunching the European economy post-Covid 19 but has questioned who exactly will benefit from the allocated funds.…

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Woman wakes up after 27 years in a coma

A woman from the United Arab Emirates who was seriously injured in a traffic accident in 1991 has emerged from a 27-year-long coma. Munira Abdulla, who was aged 32 at…

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