Connect with us

European Commission

REACT-EU: € 4.7 billion to support jobs, skills and the poorest people in Italy

SHARE:

Published

on

We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. You can unsubscribe at any time.

The Commission has granted €4.7 billion to Italy under REACT-EU to encourage the country's response to the coronavirus crisis and contribute to a sustainable socio-economic recovery. The new funding is the result of the modification of two operational programs of the European Social Fund (ESF) and the Fund for European Aid to the Most Deprived (FEAD). The Italian national ESF program ‘Active employment policies' will receive €4.5bn to support employment in the areas most affected by the pandemic.

The additional funds will increase the hiring of young people and women, allow workers to participate in training and support tailor-made services for job seekers. In addition, they will help protect jobs in small businesses in the regions of Abruzzo, Molise, Campania, Puglia, Basilicata, Calabria, Sicily and Sardinia.

Employment and Social Rights Commissioner Nicolas Schmit said: “The European Union continues to help its citizens overcome the COVID-19 crisis. The new funding for Italy will help create jobs, especially for young people and women, in the regions most in need. Investments in skills are another priority and are essential to master the ecological and digital transitions. We are also paying special attention to the most vulnerable people in Italy by strengthening the funding of food aid."

Advertisement

Cohesion and Reform Commissioner Elisa Ferreira (pictured) said: “Regions are at the heart of Europe's recovery from the pandemic. I am delighted that member states are using the Union's emergency aid to tackle the pandemic and initiate a sustainable and inclusive recovery for the long term. REACT-EU funding will help Italians in the worst-hit regions recover from the crisis and create the foundations for a modern, forward-looking economy. As part of NextGenerationEU, REACT-EU is providing additional funding of €50.6bn (at current prices) to cohesion policy programs during 2021 and 2022 to support labor market resilience, jobs, small and medium-sized businesses and low-income families."

Advertisement

European Commission

EU Cohesion policy: First Gender Equality Report maps female achievements and disadvantages in EU regions

Published

on

The Commission has published the first Regional Gender Equality Monitor of the EU. It provides an accurate picture of where women achieve the most at regional level in Europe, and where they face the largest disadvantages. Cohesion and Reform Commissioner Elisa Ferreira (pictured) said: “I am delighted to bring forward this ground-breaking work on mapping the glass ceiling that women face at regional level in Europe. The report demonstrates that there is still a lot to do to help women achieve the same opportunities as men. The Commission will continue working hard towards a gender-equal Europe.”

The paper is based on two specially developed indices: the ‘Female Achievement Index' and the ‘Female Disadvantage Index'. They reveal both the regions where women are achieving more and where they are at a disadvantage compared to men. The paper shows that, on average, women in more developed regions are able to achieve more and are at less of a disadvantage, while most women in less developed regions face big challenges. Within countries, women in capital regions tend to achieve more and are at less of a disadvantage. In general, regions with a lower female achievement index have a lower gross domestic product per capita, while regions with a higher level of female achievement have a higher level of human development. Finally, the quality of government is higher in regions where women achieve more.

In addition to the working paper, the underlying data and the interactive tools, results are also available in the INTERACTIVE DATA STORY.

Advertisement

Continue Reading

European Commission

High Representative/Vice President Borrell travels to Washington

Published

on

High Representative/Vice President Josep Borrell (pictured) will be in Washington DC to 15 October. He will hold a number of high-level meetings focused on the relationship between the European Union and the United States of America, on advancing the transatlantic agenda and on pressing international developments. This will be the first official visit by High Representative Borrell to Washington since the new US administration took up office. On Thursday, 14 October, High Representative Borrell will meet with the US Secretary of State Antony Blinken to discuss current foreign policy issues and initiatives to deepen further the EU-US strategic partnership and advance an already close cooperation on foreign and security policy. He will also hold a meeting with the US Deputy Secretary of Defence Kathleen Hicks to discuss how to pursue enhanced bilateral co-operation in the field of security and defence. More information is available here.

Advertisement

Continue Reading

European Commission

Commission participation in the Annual Meetings of World Bank Group and International Monetary Fund

Published

on

Several members of the Commission will participate in the Annual Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) taking place this week in Washington DC, United States of America. The meetings will bring together central bankers, ministers of finance and development, private sector representatives, civil society, and academics to discuss issues of global concern, including the world economic outlook, global financial stability, poverty eradication, jobs and growth, economic development, and aid effectiveness.

Economy Commissioner Paolo Gentiloni will attend the meeting of G20 finance ministers and central bank governors and the G7 ministerial meeting. Executive Vice President Valdis Dombrovskis will participate virtually in the plenary session of the International Monetary and Financial Committee. A written statement will be contributed by Jutta Urpilainen, Commissioner for International Partnerships, to the plenary session of the Development Committee Meeting.

This meeting will revolve around two topics: ‘WBG Financing for Green, Resilient and Inclusive Development (GRID) – Towards A Post Pandemic Approach' as well as ‘Prevention, Preparedness, and Response: The WBG's Role in Future Crises'. Commissioner Gentiloni will also appear at an event organised by the Brookings Institution and will hold an exchange of views with the US Chamber of Commerce on the economic outlook and current policy priorities on Thursday, 14 October.

Advertisement

Continue Reading
Advertisement
Advertisement
Advertisement

Trending