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Recovery and Resilience Facility: Two years

Recovery and Resilience Facility: Two years on A unique instrument at the heart of the EU’s green and digital transformation

Positive preliminary assessment of Spain's third payment request for €6 billion under the Recovery and Resilience Facility #NextGenerationEU

The European Commission has today endorsed a positive preliminary assessment of Spain's payment request for €6 billion (net of pre-financing) in grants under the Recovery and Resilience Facility (RRF), the key instrument at the heart of NextGenerationEU. On 11 November 2022, Spain submitted to the Commission a payment request based on the achievement of the […]

Education Cannot Wait Fund to better education for children in crisis

The European Commission and EU Member States, as Team Europe, pledged today to invest €313 million in 'Education Cannot Wait', the United Nations global fund that helps reach vulnerable crisis-affected children with immediate and longer-term education support. This is the biggest contribution to the Fund. The European Union and ‘Education Cannot Wait' both promote access […]

EU support with €11 million in humanitarian aid in Central America and Mexico

The Commission has announced today €11 million in humanitarian aid for Central America and Mexico on the occasion of the “High-level Solidarity Roundtable in support of the 2023 Northern Central America Humanitarian Response Plans”, which took place in Geneva. The funding will focus on: €3.5 million will support the addressing of the humanitarian consequences of […]

The Commission signs an agreement to channel 150 million € towards investments in sustainable infrastructure in Spain #InvestEU

The European Commission and the Official Credit Institute (ICO) have today signed an agreement within the framework of the InvestEU guarantee program worth up to 75 million euros. This package of guarantees will help channel ICO financing of up to 150 million euros towards investments in sustainable infrastructure throughout Spain and other Member States. This […]

EU's young translator contest unveils this year's 27 winners

The European Commission congratulates the 27 young winners of its 16th Juvenes Translatores translation contest for secondary schools. This year, 2,883 participants put their language skills to the test, choosing to translate a text between any two of the EU's 24 official languages. Of the 552 language combinations available, the students from 681 schools used […]

European Innovation Council Fund injects €331 million of equity into European deep-tech companies

The European Innovation Council Fund (EIC Fund) has taken 42 new investment decisions into deep-tech companies for a total of €331 million since the last announcement in November 2022. 13 companies have already signed their investment agreements. These are pioneering start-ups that are poised to bring breakthrough innovations to citizens and businesses: a new type […]

Joint European Degree label and a legal status for European universities alliances

Today, Mariya Gabriel, European Commissioner for Innovation, Research, Culture, Education and Youth, launches 10 Erasmus+ projects to test new forms of transnational cooperation between higher education institutions, as outlined in the European strategy for universities just one year ago. This is a key milestone for achieving the European Education Area. Six of the selected projects […]

European Structural and Investment Funds supported SMEs, employment of millions of people and clean energy production

In 2014-2020, the European Structural and Investment Funds (ESI Funds) unleashed a total investment of €731 billion, of which €535 billion was funded by the EU, fostering lasting socio-economic convergence, territorial cohesion, social Europe and a smooth green and digital transition. This is explained in the 2022 Summary Report on the Implementation of the ESI […]

EIB and the region of Valencia sign €50 million loan agreement to modernise public rail transport

Metrovalencia and Alicante tram operator Ferrocarrils de la Generalitat Valenciana (FGV) will improve the coverage and sustainability of public transport in the region. This loan is the first tranche of approved financing totalling €300 million. The EU bank credit line will facilitate improvements to existing infrastructure and the purchase of rolling stock, enhancing service quality, […]

Humanitarian Aid: EU increases funding to €1.7 billion for 2023

As humanitarian needs continue to rise globally, the EU maintains its commitment to support those in need by adopting its initial annual humanitarian budget of €1.7 billion for 2023. Human-induced humanitarian crises, resulting from wars with often widespread violations of international humanitarian law, conflicts or outbreaks of violence are the main source of humanitarian needs […]

Harnessing Talent in Europe: a new boost for EU Regions

Europe's got talent. But talent needs to be nurtured, especially as the EU is going through important demographic transition. This is even more needed in regions that suffer from a shrinking labour force and a low share of persons with a tertiary education, and in regions hit by the departure of young people. If left […]
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