Paolo Gentiloni

Highlights - Recovery and Resilience Dialogue: scrutinizing EU's recovery - Committee on Economic and Monetary Affairs

Retrieved on: 
Tuesday, July 6, 2021

Members from the Committee on Budgets and the Committee on Economic and Monetary Affair will hold the 2nd Recovery and Resilience Dialogue with Valdis Dombrovskis, Executive Vice-President for an Economy that Works for People and Paolo Gentiloni, Commissioner for Economy.

Key Points: 
  • Members from the Committee on Budgets and the Committee on Economic and Monetary Affair will hold the 2nd Recovery and Resilience Dialogue with Valdis Dombrovskis, Executive Vice-President for an Economy that Works for People and Paolo Gentiloni, Commissioner for Economy.
  • The focus of this Dialogue will be on Commission's assessment of national recovery and resilience plans submitted by Member States.
  • The Recovery and Resilience Dialogue is organised under Article 26 of the Regulation establishing Recovery and Resilience Facility to ensure greater transparency and accountability in implementation of the Facility.

Highlights - Recovery and Resilience Dialogue: focus on the plans submitted by Member States - Committee on Budgets

Retrieved on: 
Monday, July 5, 2021

Members from the Committee on Budgets and the Committee on Economic and Monetary Affair will hold the 2nd Recovery and Resilience Dialogue with Valdis Dombrovskis, Executive Vice-President for an Economy that Works for People, and Paolo Gentiloni, Commissioner for Economy.

Key Points: 
  • Members from the Committee on Budgets and the Committee on Economic and Monetary Affair will hold the 2nd Recovery and Resilience Dialogue with Valdis Dombrovskis, Executive Vice-President for an Economy that Works for People, and Paolo Gentiloni, Commissioner for Economy.
  • The focus of this Dialogue will be on Commission's assessment of national recovery and resilience plans submitted by Member States.
  • The Recovery and Resilience Dialogue is organised under Article 26 of the Regulation establishing Recovery and Resilience Facility to ensure greater transparency and accountability in implementation of the Facility.

Highlights - Economic Dialogue on the 2021 European Semester Spring Package - Committee on Economic and Monetary Affairs

Retrieved on: 
Wednesday, June 23, 2021

On Monday 28 June 2021, the Committees on Economic and Monetary Affairs and on Employment and Social Affairs will hold the Economic Dialogue on the 2021 European Semester Spring Package with Valdis Dombrovskis, Executive Vice-President for An Economy that Works for People, Paolo Gentiloni, Commissioner for Economy and Nicolas Schmit, Commissioner for Jobs and Social Rights.

Key Points: 
  • On Monday 28 June 2021, the Committees on Economic and Monetary Affairs and on Employment and Social Affairs will hold the Economic Dialogue on the 2021 European Semester Spring Package with Valdis Dombrovskis, Executive Vice-President for An Economy that Works for People, Paolo Gentiloni, Commissioner for Economy and Nicolas Schmit, Commissioner for Jobs and Social Rights.
  • This Economic Dialogue is part of the accountability of the EU economic governance framework.
  • This year's Semester has been adapted and linked to the new Recovery and Resilience Facility.
  • The Spring package focuses on providing medium-term fiscal guidance to Member States as they gradually reopen their economies.

Highlights - Economic Dialogue on the 2021 European Semester Spring Package - Committee on Employment and Social Affairs

Retrieved on: 
Wednesday, June 23, 2021

On Monday 28 June 2021, the Committees on Economic and Monetary Affairs and on Employment and Social Affairs will hold the Economic Dialogue on the 2021 European Semester Spring Package with Valdis Dombrovskis, Executive Vice-President for An Economy that Works for People, Paolo Gentiloni, Commissioner for Economy and Nicolas Schmit, Commissioner for Jobs and Social Rights.

Key Points: 
  • On Monday 28 June 2021, the Committees on Economic and Monetary Affairs and on Employment and Social Affairs will hold the Economic Dialogue on the 2021 European Semester Spring Package with Valdis Dombrovskis, Executive Vice-President for An Economy that Works for People, Paolo Gentiloni, Commissioner for Economy and Nicolas Schmit, Commissioner for Jobs and Social Rights.
  • This Economic dialogue is part of the accountability of the EU economic governance framework.
  • This year's Semester has been adapted and linked to the new Recovery and Resilience Facility.
  • The Spring package focuses on providing medium-term fiscal guidance to Member States as they gradually reopen their economies.

Highlights - Structured dialogue with Commissioner Paolo Gentiloni - Committee on Economic and Monetary Affairs

Retrieved on: 
Tuesday, June 15, 2021

On Monday 21st June, 14:45-15:45, the Members of the ECON Committee will hold a structured dialogue with Commissioner Paolo Gentiloni in order to discuss the next coming Commission work programme in the tax area, in particular the proposals on a Carbon Border Adjustment Mechanism, an EU digital levy and the review of the Energy Tax Directive.

Key Points: 

On Monday 21st June, 14:45-15:45, the Members of the ECON Committee will hold a structured dialogue with Commissioner Paolo Gentiloni in order to discuss the next coming Commission work programme in the tax area, in particular the proposals on a Carbon Border Adjustment Mechanism, an EU digital levy and the review of the Energy Tax Directive.

Regions and cities to Gentiloni: there is no impact without partnership. Local authorities are crucial to invest EU funds for recovery

Retrieved on: 
Wednesday, October 14, 2020

The Recovery plan for Europe must take local and

Key Points: 
  • The Recovery plan for Europe must take local and
    regional authorities on board to be effective in
    tackling the consequences of the crisis.
  • A
    centralised approach, with decisions taken t

    op-down, risks to create overlaps or even
    competition among funding tools.

  • Members of the European
    Committee of the Regions (CoR) shared these
    concerns in a debate with EU Commissioner for
    Economy, Paolo Gentiloni.
  • European regions and cities ask to modify the
    regulations on the Recovery and Resilience Facility
    (RRF) and on the European Semester to involve local and
    regional authorities in the design of recovery plans.
  • The CoR proposes to back the partnership between
    national and local authorities with a Code of conduct
    that would increase the democratic legitimacy and the
    effectiveness of the Semester.
  • The expertise of regions and cities is crucial for
    EU's recovery strategy
    ", said Commissioner Gentiloni, adding that:"
    Recovery plans can only be a success if national
    governments work with regional and local
    authorities.
  • Local and regional authorities are responsible for a
    third of public expenditure (33.6%) and for 53% of
    public investment in the EU (
    2018 figures, OECD
    ).
  • The RRF is the biggest financial tool included in the
    EUR 750 billion recovery instrument Next Generation EU,
    known also as
    Recovery plan for Europe
    .

Poland: EIB provides additional support to chemical company PCC Rokita

Retrieved on: 
Thursday, October 8, 2020

The funds obtained from the financing will support the company in the implementation of investments of a total estimated value of 110.5million.

Key Points: 
  • The funds obtained from the financing will support the company in the implementation of investments of a total estimated value of 110.5million.
  • The EIB intends to help PCC Rokita invest in innovation and low-carbon technologies and increase the companys competitiveness when the economy recovers.
  • Paolo Gentiloni, European Commissioner for the Economy, said: Thanks to the Investment Plan for Europe, the EIB will build on its successful cooperation with Polish chemical company PCC Rokita.
  • PCC Rokita is the parent company of a Capital Groupcomprising several companies operating mainly in the chemical and service industries.

World Leaders Call for Investment Into the Next Generation at JA Europe Entrepreneurship Competition

Retrieved on: 
Monday, July 27, 2020

JA student entrepreneurs aged 15-21 showcased their business ideas at this years virtual Company of the Year Competition European final .

Key Points: 
  • JA student entrepreneurs aged 15-21 showcased their business ideas at this years virtual Company of the Year Competition European final .
  • The winning company of this years JA Europe competition, Bubbles from Denmark, supports children with learning difficulties through a technology to improve communication between educators and ADHD-students.
  • European Commissioner for the Economy, Paolo Gentiloni declared: We need your energy, your skills, your entrepreneurship and your capacity.
  • Junior Achievement calls for broad engagement of the business sector to create such opportunities for all young people in Europe, added Salvatore Nigro CEO of JA Europe.

Germany: EIB provides funding of €20 million to NavVis as part of the Investment Plan for Europe

Retrieved on: 
Thursday, July 9, 2020

The European Investment Bank (EIB) and NavVis GmbH announced today the signing of a contract which provides financing of 20 million to NavVis GmbH, a global market leader in digital twin technology.

Key Points: 
  • The European Investment Bank (EIB) and NavVis GmbH announced today the signing of a contract which provides financing of 20 million to NavVis GmbH, a global market leader in digital twin technology.
  • For the EIB, as well as the Investment Plan for Europe, it is a top priority to support investment that is geared towards greater competitiveness.
  • European Commissioner for the Economy, Paolo Gentiloni, said: The Investment Plan for Europe has a very strong track record in identifying and supporting innovative technology companies.
  • Founded in 2013, NavVis is headquartered in Munich and has offices in New York and Shanghai.For more information, visit www.navvis.com.

France: Investment Plan - EIB co-finances the construction of an offshore wind farm in Fécamp for €450 million

Retrieved on: 
Tuesday, June 9, 2020

This financing will be guaranteed by the European Fund for Strategic Investments, otherwise known as the Juncker Plan.

Key Points: 
  • This financing will be guaranteed by the European Fund for Strategic Investments, otherwise known as the Juncker Plan.
  • Totalling 2billion, the project involves the construction of 71 wind turbines located over 13km off the French coast.
  • Financing this offshore wind farm off the coast of Fcamp is a major operation for the EIB and marks an important milestone for us as the EU climate bank, said EIB Vice-President Ambroise Fayolle.
  • The European Commissioner for the Economy Paolo Gentiloni, said: The European Union is backing the construction of the biggest wind farm in France.