News

Mid-term evaluation of the Recovery and Resilience Facility #NextGenerationEU

Today, the Commission presented the mid-term evaluation of the Recovery and Resilience Facility (RRF), the EU's recovery instrument at the heart of the €800 billion NextGenerationEU (NGEU) plan. Unprecedented in its scale and ambition, the RRF was established in February 2021 and has the two-fold objective of helping Member States to recover from the COVID-19 […]

New initiatives for digital infrastructures of tomorrow

Today, the Commission presented a set of possible actions to foster the innovation, security and resilience of digital infrastructures. The future competitiveness of Europe's economy depends on these advanced digital network infrastructures and services, since fast, secure, and widespread connectivity is essential for the deployment of the technologies that will bring us into tomorrow's world: […]

Report from experts on the Future of Cohesion Policy

Today, the independent Group of High-Level Specialists on the Future of Cohesion Policy presented its report, which assessed the functioning of Cohesion Policy and included recommendations on how to ensure the Policy continues to promote prosperity and convergence across the EU. These recommendations will add to the ongoing reflections and body of opinions from many […]

EIF and ICF join forces to mobilise €64 million to support social enterprises and cultural and creative businesses in Catalonia #InvestEU

With the support of the InvestEU programme, the European Investment Fund (EIF) will provide the Catalan Finance Institute (ICF) with a capped portfolio guarantee that will leverage €64 million in support of social enterprises and entities within the cultural and creative sector in Catalonia. This transaction is the first guarantee agreement between the two institutions […]

The Commission announces initial humanitarian aid of €1.8 billion for 2024

With almost 300 million people estimated to need humanitarian assistance in 2024, the EU once again reinforces its commitment to support the most vulnerable globally. The Commission has therefore adopted its initial annual humanitarian budget of more than €1.8 billion for this year. The European Commission's humanitarian aid in 2024 will be allocated as follows: […]

EU young translator contest unveils this year's 27 winners

The European Commission announces the 27 young winners of its 17th EU young translation contest (Juvenes Translatores) for secondary schools. The topic of this year was ‘daring to make a difference'. Over 3 000 enthusiastic participants put their language skills to the test, choosing to translate a text between any two of the EU's 24 […]

Horizon 2020 evaluation shows that investment in EU research and innovation greatly pays off

Horizon 2020, the EU's research and innovation programme running from 2014 to 2020 with a budget of nearly €80 billion, made a major contribution to building an EU society and economy rooted in knowledge and innovation and benefitted Europeans far beyond what could have been achieved at national or regional level. Enabling rapid response to […]

EU funds rescEU detection and surveillance teams with €70 million to boost preparedness to chemical, biological, radiological, and nuclear emergencies

The Commission has allocated almost €70 million to fund the development of new specialised teams and equipment to further strengthen the preparedness and response to chemical, biological, radiological and nuclear (CBRN) risks. The funding has been granted to Italy, Poland and Romania to develop the rescEU detection capabilities. The aim is that EU Member States […]

Commission launches AI innovation package to support Artificial Intelligence startups and SMEs

Today, the Commission has launched a package of measures to support European startups and SMEs in the development of trustworthy Artificial Intelligence (AI) that respects EU values and rules. This follows the political agreement reached in December 2023 on the EU AI Act – the world's first comprehensive law on Artificial Intelligence – which will […]

Driving European competitiveness, stability and climate leadership: EIB Group invests €88 billion in 2023

EIB Group signed €88 billion in funding for over 900 high-impact projects in key policy areas such as transport infrastructure and urban mobility, energy and water, digitalisation, new technologies, innovation, healthcare, affordable housing, education and support to SMEs. A record €49 billion invested in green finance. More than €21 billion invested in energy security   In […]

CaixaBank gets EIB backing to issue up to €150 million in new financing for renewable energy projects in Spain

The European Investment Bank (EIB) and CaixaBank have signed a guarantee agreement that will enable the Spanish bank to issue up to €150 million in new financing for renewable energy and energy efficiency projects in Spain, mainly, and across Europe. The agreement consists of a de-linked risk sharing operation in the form of an EIB […]

European Cohesion Policy supports the employment and protects citizens from natural climate disasters

Today, the European Commission published its 2023 Summary Report on the Implementation of the European Structural and Investment Funds (ESI Funds), showcasing some of the overarching achievements of the ESI funds as things stood at the end of 2022. These funds are the main financial instruments of Cohesion Policy, supporting regional development investments from the […]
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