The European Commission has proposed that the EU’s annual budget for 2027 be set at €200 billion (in commitment appropriations). The draft budget also takes into account the conclusions of the mid-term review of cohesion policy for 2021–2027. Member States are encouraged to use these resources for the Union’s new priorities in the areas of […]
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EU and Korea sign landmark digital trade agreement at Summit
Last June 10, the EU and the Republic of Korea signed a landmark Digital Trade Agreement (DTA) during the EU-Republic of Korea Summit held in Brussels. This DTA demonstrates the shared commitment to promote open, transparent, and rules-based trade. It is also in line with the EU’s broader commitment to establishing future-oriented digital trade rules with […]
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EU concludes modernised Economic Partnership Agreement with Sub-Saharan Africa partners
Last June 10, the EU and four Eastern and Southern Africa (ESA) States (Comoros, Madagascar, Mauritius, and Seychelles) concluded negotiations on an enhanced Economic Partnership Agreement (EPA). Commissioner for Trade and Economic Security, Maros Šefčovič, participated via videoconference in the conclusion ceremony that took place today in Mauritius. The EPA represents the first of its […]
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The EU is implementing the mechanism for Palestine, providing $395 million for local banks and €2.1 million in technical assistance
The EIB and the European Commission are launching the implementation of the €400 million financing facility, initially announced in October 2025, through the signing of sub-lending agreements for SMEs between the Palestinian Monetary Authority (PMA) and the Bank of Palestine for $150 million, Quds Bank for $100 million, the Palestine Investment Bank for $70 million, […]
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EU and Kenya strengthen partnership
The European Union and Kenya are deepening their strategic partnership on trade, digital transformation and sustainable investment to drive mutual economic growth for the benefit of businesses and citizens on both sides. This reinforced cooperation reflects Kenya’s pivotal role as a key partner for the EU in Africa and at multilateral level. These commitments were […]
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The EU is allocating nearly €2.8 billion to support financial stability and reform initiatives in Ukraine
The European Commission has allocated nearly €2.8 billion to Ukraine to support its financing needs and maintain public administration, as the country continues to defend itself against Russia’s war of aggression. This is the seventh disbursement under the Ukraine Facility, the EU’s key instrument for supporting Ukraine’s recovery, its reform programme and its progress towards […]
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EU-Moldova Investment Conference announces up to €641 million in strategic investments
At the EU-Moldova Investment Conference, EU Commissioner for Enlargement, Marta Kos announced investment plans and project initiatives worth up to €641 million in coordination with international financial institutions, private sector partners and public stakeholders. The initiatives will support strategic sectors, including energy, digital infrastructure, education and sustainable agriculture. The aim is to strengthen Moldova’s economic resilience, improve infrastructure, expand access […]
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EU-Western Balkans Summit highlights enlargement as a strategic investment in Europe’s peace, stability and security
Last June 5, President of the European Commission Ursula von der Leyen, President of the European Council António Costa and President of the European Parliament Roberta Metsola joined leaders from Member States and the six Western Balkan partners at the EU-Western Balkans Summit. The Summit was hosted by Montenegro in Tivat. Leaders took stock of […]
Read MoreUkraine: MEPs welcome reform efforts amid the ongoing war
MEPs are optimistic about the reforms linked to EU accession carried out by the Ukrainian government, and insist that Ukrainians must determine the terms for peace with Russia. On Wednesday, theCommittee on Foreign Affairs adopted, by 54 votes to 17 with 5 abstentions, a report assessing the latest developments in Ukraine and its progress on […]
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