EMA has recommended granting a conditional marketing authorisation for COVID-19 Vaccine AstraZeneca to prevent coronavirus disease 2019 (COVID-19) in people from 18 years of age. This is the third COVID-19 vaccine that EMA has recommended for authorisation.

Annual growth rate of broad monetary aggregate M3 increased to 12.3% in December 2020 from 11.0% in November Annual growth rate of narrower monetary aggregate M1, comprising currency in circulation and overnight deposits, increased to 15.6% in December from 14.5% in November Annual growth rate of adjusted loans to households stood at 3.1% in December, unchanged from previous month Annual […]

Today EMA has released its first safety update on a COVID-19 vaccine — Comirnaty. It concludes that safety data collected on Comirnaty use in vaccination campaigns is consistent with the known safety profile of the vaccine, and no new side effects were identified.

The European Commission and national consumer authorities released the results of a screening of websites (“sweep”), an exercise carried out each year to identify breaches of EU consumer law in online markets. This year, for the first time ever, the sweep focused on ‘greenwashing’, the practice by which companies claim they are doing more for […]

The ever-increasing amount of plastic, its impact on biodiversity and contribution to climate change, and how to deal with it in a circular economy perspective have been on the European Union’s policy agenda for years. The COVID-19 pandemic has only increased the attention for plastic waste with images of masks in our seas, and large […]

One year ago, no one could have predicted that a tiny virus would come along and upend our lives the way that COVID-19 has. The aviation sector, in particular, is reeling from the impact of the pandemic. Eurocontrol reported that almost 90% of aircraft were grounded from March to May of 2020, and now, in […]

Euro area net saving decreased to €534 billion in four quarters to third quarter of 2020, from €618 billion one quarter earlier Household debt-to-income ratio at 95.7% in third quarter of 2020, up from 93.5% one year earlier Non-financial corporations’ debt-to-GDP ratio (consolidated measure) at 83.8% in third quarter of 2020, up from 79.3% one year earlier

Overall SREP requirements and guidance stable as a result of pragmatic SREP approach Banks show resilience, but vulnerabilities remain in several areas, particularly credit risk Supervisory priorities for 2021: credit risk management; capital strength; business model sustainability; and governance