Estimates of the Impact of COVID-19 on global poverty
New research published by UNU-WIDER warns that the economic fallout from the global pandemic could increase global poverty by as much as half a billion people, or 8% of the total human population. This would be the first time that poverty has increased globally in thirty years, since 1990. The authors of the UNU-WIDER study – Andy Sumner and Eduardo Ortiz-Juarez […]
Specific measures from the European Economic and Social Committee for addressing the COVID-19 crisis
On 15 April 2020, the European Economic and Social Committee adopted a position paper on the “Poposal for a Regulation of the European Parliament and of the Council amending Regulation (EU) No 223/2014 as regards the introduction of specific measures for addressing the COVID-19 crisis” where the EESC urges the Council and the European Parliament […]
COVID-19: Stepping up EU’s response to alleviate the effects of the crisis
MEPs adopted additional measures so that EU funding can be granted immediately and with exceptional flexibility to combat the COVID-19 pandemic. In Friday’s extraordinary plenary session, the European Parliament endorsed the “Corona Response Investment Initiative Plus” (CRII+) package proposed by the European Commission on 2 April by means of an urgency procedure. Amongst the approved […]