European Commission disburses €1.8 billion in pre-financing to Romania

The European Commission has today disbursed €1.8 billion to Romania in pre-financing, equivalent to 13% of the country’s grant allocation under the Recovery and Resilience Facility (RRF). The pre-financing payment will help to kick-start the implementation of the investment and reform measures outlined in Romania’s recovery and resilience plan. The country is set to receive Read more about European Commission disburses €1.8 billion in pre-financing to Romania[…]

€11 billion REACT-EU funds allocation now available for 2022

The Commission has published the allocation of REACT-EU resources for the year 2022. Around €11 billion (in current prices) are now available for programming under Cohesion policy in all 27 Member States. These funds come in addition to the almost €40 billion made available in 2021. Member States will be able to continue implementing recovery Read more about €11 billion REACT-EU funds allocation now available for 2022[…]

Autumn 2021 Economic Forecast

The EU economy is rebounding from the pandemic recession faster than expected. As vaccination campaigns progressed and restrictions started to be lifted, growth resumed in spring and continued unabated through summer, underpinned by the re-opening of the economy. Despite mounting headwinds, the EU economy is projected to keep expanding over the forecast horizon, achieving a Read more about Autumn 2021 Economic Forecast[…]

€79.5 billion for Neighbourhood, Development and International Cooperation Instrument (NDICI)

The European Commission welcomes the endorsement by the European Parliament and the Council this week of the political agreement on the Neighbourhood, Development and International Cooperation Instrument (NDICI) – ‘Global Europe’ for the next MFF period (2021-2027). This instrument will support the EU’s external action with an overall budget of € 79.5 billion in current Read more about €79.5 billion for Neighbourhood, Development and International Cooperation Instrument (NDICI)[…]

Europe’s Digital Decade

What is the Commission’s Digital Compass? The Commission has presented a Communication “2030 Digital Compass: the European Way for the Digital Decade”. It sets out: A vision for 2030 for a successful digital transformation based on the empowerment of citizens and technological leadership, resulting in a more resilient and prosperous society; Clear and concrete objectives along four cardinal Read more about Europe’s Digital Decade[…]

EU budget for the period 2021-2027

The European Commission welcomes the Council decision to adopt the next long-term EU budget for the period 2021-2027, which is the final step in the adoption process. With this decision, all the conditions have now been fulfilled for the next multiannual financial framework for 2021-2027 to be in place as of 1 January 2021. As Read more about EU budget for the period 2021-2027[…]

Horizon Europe the next EU research and innovation programme

The Commission welcomes the political agreement between the European Parliament and the Council on Horizon Europe, the largest transnational programme ever supporting research and innovation. The new EU research and innovation programme will have a budget of around €95.5 billion for 2021-2027 (current prices). This includes €5.4 billion (current prices) from NextGenerationEU to boost our recovery and make the Read more about Horizon Europe the next EU research and innovation programme[…]

€1.8 trillion package to help build greener, more digital and more resilient Europe

The European Commission has welcomed the agreement between the European Parliament and EU Member States in the Council on Europe’s next long-term budget and NextGenerationEU, the temporary recovery instrument. Once adopted, the package of a total of €1.8 trillion will be the largest package ever financed through the EU budget. It will help rebuild a post-COVID-19 Read more about €1.8 trillion package to help build greener, more digital and more resilient Europe[…]

Renovation Wave Strategy to improve the energy performance of buildings

The European Commission has published its Renovation Wave Strategy to improve the energy performance of buildings. The Commission aims to at least double renovation rates in the next ten years and make sure renovations lead to higher energy and resource efficiency. This will enhance the quality of life for people living in and using the Read more about Renovation Wave Strategy to improve the energy performance of buildings[…]