Eurostat report, Gentiloni: insufficient progress on climate and gender gap

2020-06-22T10:12:26.345Z

Over the past five years, the EU has made much progress in a large number of sustainable development goals (SDGs), such as poverty, health and well-being, but has also taken steps backwards on others such as inequalities between men and women and no progress on action to combat climate change. This was stated by EU Commissioner for Economic Affairs Paolo Gentiloni, presenting the five-year Eurostat report on sustainable development goals. "Courageous initiatives have been taken on the climate, but the consequences of the actions are insufficient," said Gentiloni. "We have made decisions and made commitments but the consequences of climate change are still ongoing" and therefore "an even stronger commitment is needed, that's why the EU Green deal is more important than ever," he added. While on the gender gap "the employment gap is stagnant, we have to pay close attention to this", he added. Good progress on growth, poverty and health, on the other hand. Italy third for sovereign debt securities held by resident financial entities In 2019 the share of public debt held by resident financial groups was higher in Denmark (74%) followed by Sweden (73%), Croatia (67%) and Italy (63 %). The highest share held by non-residents was in Cyprus (80%) followed by Lithuania (76%), Latvia (74%) and Estonia (70%). This is what emerges from a Eurostat report. In general terms, public debt is mainly held by the financial sector residing in over half of the EU states.