Eurofound's EU PolicyWatch collates information on the responses of government and social partners to the COVID-19 crisis, the war in Ukraine, rising inflation, as well as gathering examples of company practices aimed at mitigating the social and economic impacts.
Factsheet for measure EU-2021-43/2098 – measures in European Union
|Country||European Union , applies eu-wide (or beyond)|
|Time period||Open ended, started on 19 October 2021|
|Context||COVID-19, Green Transition, Digital Transformation|
|Type||Legislations or other statutory regulations|
Promoting the economic, labour market and social recovery
– Support for spending, stimulus packages
|Author||Barbara Surdykowska and Eurofound|
|Measure added||20 December 2021 (updated 21 January 2022)|
The European Commission has re-launched the Economic Governance Review, following suspension of such consultations due to the start of the COVID-19 crisis in early 2020, presenting its communication on this matter on 19 October 2021.
The Commission communication assesses the implications of the changed circumstances for economic governance following the COVID-19 crisis and sets out additional questions for the public debate.
The Commission notes that the EU economy faced several long-term structural challenges yet before the COVID-19 crisis.
The COVID-19 crisis has made these challenges more visible and urgent. The Commission therefore invites all stakeholders to reflect on how economic governance works and to present their views on how to make it more effective. The aim of the public debate is to reach a broad consensus on the way forward in good time before 2023.
|Applies to all workers||Applies to all businesses||Applies to all citizens|
EU (Council, EC, EP)
No special funding required
Social partners' role in designing the measure and form of involvement:
|Trade unions||Employers' organisations|
|Role||No involvement||No involvement|
|Form||Not applicable||Not applicable|
Social partners' role in the implementation, monitoring and assessment phase:
The involvement of the social partners will take place during the discussion phase on the content of the communication.
EU cross-sectoral social partners -BusinessEurope (BE) and the ETUC supported the relaunch of the European governance review. However, they have not yet clearly responded to the presented content. For example, BE stated that whilst the premature unwinding of support for the recovery should be avoided, in the medium term, EU Member States must return to fiscally sustainable positions and ETUC concluded that the communication addressed the right issues but did not set a clear direction for the economic governance review.
Eurofound (2021), European Commission relaunches Economic Governance Review, measure EU-2021-43/2098 (measures in European Union), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/EU-2021-43_2098.html
30 January 2023
Governments across the EU continue to implement policies to support citizens and businesses in the face of rising food and energy prices caused by the COVID-19 crisis and intensified by the war in Ukraine. As winter approaches, preventing and addressing energy poverty becomes a priority. This article summarises the policy responses as reported in Eurofoundâ€™s EU PolicyWatch database from January to September 2022.Article
12 September 2022
Although the worldwide pandemic situation had already disrupted supply chains and triggered increases in energy and food prices in 2021, the situation deteriorated in 2022 with the Russian invasion of Ukraine.Article
12 September 2022
This article summarises the first policy responses that governments across the EU have started to implement to support companies affected by the rising prices, and those with commercial ties to Ukraine, Russia or Belarus.
Disclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process.