The European Commission welcomes the Council’s general approach to its negotiating mandate regarding the Regulation on military mobility. Military mobility is a key element of Europe’s defence and security. To ensure a credible deterrent, the European Union must be able to mobilise troops rapidly and effectively when necessary. The proposal is based on three priorities: […]
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Egypt and the EU are joining forces to invest €690 million in clean energy networks
Egypt and the European Union are strengthening their strategic partnership in the field of renewable energy with a funding package of up to €690 million to upgrade and expand Egypt’s electricity grid. The package combines a €600 million loan from the European Investment Bank’s development arm, EIB Global, with up to €90 million in grants […]
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Council adopts conclusions on the EU’s global investment and partnership strategy
The Council has adopted conclusions on Global Gateway, reaffirming it as the European Union’s worldwide investment strategy for building mutually beneficial partnerships and mobilising public and private resources to bridge the global investment gap. In a geopolitical environment marked by growing fragmentation, economic competition and pressure on democratic governance, the Council reiterates its commitment to advance Global […]
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Stable funding for the priorities set out in the 2027 annual budget
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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