EIB's Hoyer Says 'It's a Question of Days and Weeks' for European Companies

EIB's Hoyer Says 'It's a Question of Days and Weeks' for European Companies

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the economic implications of the crisis in Europe, focusing on the need for solidarity among EU countries. It highlights the challenges faced by countries like Italy and the importance of financial support for small and medium enterprises. The discussion also covers the complexities of mutualizing debt within the EU and the legislative efforts required. Additionally, it addresses the balance between addressing the immediate crisis and maintaining the EU's green agenda. The role of the European Investment Bank in supporting recovery efforts is also emphasized.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential risk if European citizens do not feel solidarity?

More trade agreements

Higher taxes

Loss of belief in the European project

Increased tourism

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the value of the financial package discussed in the EU?

$200 billion

$400 billion

$600 billion

$800 billion

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key priority for small and medium-sized enterprises during the crisis?

Securing liquidity and bridge financing

Expanding their workforce

Increasing exports

Investing in new technology

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it difficult for the EU to take up debt?

The EU is not a state in the legal sense

There is no need for debt

Member States refuse to cooperate

The EU has a surplus budget

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What role does the European Investment Bank play in the current crisis?

Financing research and development

Increasing taxes

Building new infrastructure

Reducing interest rates

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the European Investment Bank's ambition regarding climate?

To focus solely on economic recovery

To ignore climate objectives

To become the Climate Bank of the EU

To reduce funding for climate projects

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected economic contraction for Italy according to the IMF?

7.5%

11.2%

9.1%

5.1%