Sandra Parthie

With „NextGenerationEU”, the EU provides comprehensive grants and loans for public investments and reforms in its Member States. At least 37% of the overall amount should be spend on forward-looking investments and structural reforms in favour of climate protection, while 20% shall go towards the digital transformation. The Member States have submitted their national recovery plans, and the first funds have been disbursed. It is the biggest EU economic stimulus package ever. The challenge now lies in the execution.

Sandra Parthie IW

While the precise impact varies from sector to sector, the Coronavirus generally has left a strong mark on the European economy. A broad policy response has alleviated the repercussions on European SMEs and corporates, albeit to a limited extent. Importantly, policymakers have already phased out some temporary support measures and will likely continue to do so in the near to medium term.

Sandra Parthie IW

Moving beyond voluntary measures, the laws would require companies to scrutinize their own social and environmental impact all over the world, and to identify, prevent and remedy any harm to human rights or the environment their operations may cause.

Sandra Parthie IW

The Corona crisis has exacerbated existing structural problems in the Member States and caused a steep rise of national debt. While the reference value of national debt limit was once fixed at 60% of the GDP, it has now risen far beyond in some member states.

Sandra Parthie IW

The need for reform within the WTO goes without saying. From criticism concerning its undemocratic decision making and de facto suspension of the dispute settlement procedure to its inability to deal with imbalances stemming from state subsidies or market access – there are many things that need fixing.

Sandra Parthie IW

Digital companies such as Google, Amazon or Facebook, whose business model does not require any physical presence in a certain location, benefit from an optimum use of tax loopholes and national tax advantages and pay minimal taxes on their enormous sales. Their contribution to community funding is therefore extremely low.

Sandra Parthie IW

The German Economic Institute (IW) and the Hanns Seidel Foundation have the pleasure of inviting you to their second edition of the debate series "China and the European Union: Partners or Rrivals - distrust or confidence?" on the topic: "Market economy vs. state-controlled competition - How do we ensure sustainable growth and innovation?"

Sandra Parthie IW

The fight against climate change remains one of the top priorities for the European Commission with the publication of the Sustainable Finance Strategy announced for the end of this year. The financial sector and the promotional banks are playing a crucial role in the transition process towards a more sustainable economy and society.

Sandra Parthie IW

The European Green Deal aims to make the EU the global champion in low-carbon industries. Business expectations are high, yet public and private investments of several hundred billion Euros are required annually to finance the transformation.

Sandra Parthie IW

Jointly with the German Chemical Industry Association (VCI), we - the German Economic Institute (Institut der deutschen Wirtschaft, IW) - are pleased to invite you to the second VCI and IW Webinar „Making the Green Deal work for European Industry”.

Sandra Parthie IW