Tourism Faces Dire Situation

Members of Parliament’s Tourism Task Force reiterate that the tourism sector needs EU-level coordination and substantial support to give SMEs a chance of survival. The Transport and Tourism Committee met on Wednesday with travel and tourism stakeholders to take stock of the dire situation facing the sector and to discuss ways to overcome this unprecedented…

Emirates Weathers the Economic Storm

Interview with Jean-Pierre Martin, General manager Emirates Belgium and Luxemburg Q: Can you spell out the impact of the pandemic on your airline-business? A: On 25 March, Emirates temporarily suspended all passenger flights as directed by our regulator the UAE GCAA. That hit us hard and we regret the impact on our customers, but Emirates fully supports Dubai and the UAE’s…

Importance of a Diversified Banking System for Europe

The European Economic and Social Committee (EESC) points out that a strong, diversified banking system with regional and community banks is essential for Europe’s future, stressing that European banks will play a key role in the post-COVID-19 economic recovery. The EU’s Banking Union has to be in line with the social inclusion and sustainable development…

ECA to Audit Commission’s SME strategy

SMEs are vital to the EU’s economy. Supporting their development both within the single market and outside the EU is thus a key element of the Union’s overall competitiveness strategy.  The European Court of Auditors is starting an audit to assess the coherence of the EU’s SME internationalisation strategy and the effectiveness of measures taken…

Flights Over Brussels

Good news for the economy, but less so for noise and air pollution affecting residents living near Zaventem Airport. Since the resumption of non-essential flights on 15 June this year, the number of passengers handled at Brussels Airport has risen, but remains 80% below July 2019 figures. This means that in July, for the first…

Grants to relaunch international conferences and B2B events

 Faced with the current crisis, the MICE industry has got its thinking cap on. From anticipating changes and the implementation of new technologies in their events, to choosing a location that is closer to home – there are many paths that lead to new, innovative solutions. To help the sector, the Brussels-Capital Region, European destination…

Urgent Steps Needed to Prevent National Electricity Blackouts in Ukraine

For more than six months now, Energoatom has been emphasizing that the crisis in the Ukrainian energy sector was caused by the current model of the domestic energy market. Now this position has been confirmed by experts who have made an in-depth and balanced analysis of its causes. The rapid loss of financial liquidity and…

Parliament Calls for Fairer Corporate Taxes

The European Court of Justice decided to cancel the payment of 13 billion Euros of “unlawful” state aid received by Apple. Following the decision, the Socialists and Democrats in the European Parliament have now called on member states to “take action in order to ensure fairer taxation.” Jonás Fernandez, S&D spokesman on taxation, said “The ruling issued…