The Commission has announced the second group of companies that have successfully passed the assessment phase of the Scale Up call of the European Innovation Council’s (EIC) Strategic Technologies for Europe Platform (STEP). Together, they will receive up to a total of €90 million in equity investments, and will now move to the ERC Fund […]
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The EIF will allocate €2.5 billion from the Next Generation Fund to boost Spanish SMEs in innovation, sustainability and competitiveness.
The European Investment Fund (EIF), the European Investment Bank Group’s (EIB Group) equity investment arm for SMEs and midcaps, the Ministry of Economy, Trade and Enterprise and eleven financial institutions have signed guarantee agreements that will enable financial institutions to channel EUR 2.5 billion of new funding to the real economy. The funding will go […]
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Commission requests information for European savings and investment accounts scheme
The European Commission invites citizens and stakeholders to contribute to the development of a European savings and investment account scheme. This initiative, which is part of the Savings and Investment Union Strategy, aims to make it easier for citizens to participate in capital markets, improving the profitability of their savings while increasing the finance available […]
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European Commission revises high-risk countries list to boost global efforts against financial crime
The European Commission has updated its list of high-risk jurisdictions presenting strategic deficiencies in their national anti-money laundering and countering the financing of terrorism (AML/CFT) regimes. EU entities covered by the AML framework are required to apply enhanced vigilance in transactions involving these countries. This is important to protect the EU financial system. A number […]
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2025 European Semester Spring Package sets out guidance to boost EU competitiveness
The 2025 European Semester Spring Package analyses the key economic and social challenges across the EU and offers policy guidance to Member States with the aim of strengthening competitiveness, prosperity and resilience. To that effect, it includes country-specific recommendations (CSRs), and promotes reforms and investments aligned with these EU priorities. The policy guidance presented comes at a time of […]
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Make Europe your base for startup success
The European Commission has launched an EU startup and scaleup strategy to make Europe a great place for starting and growing global technology-driven companies. Startups and scaleups drive innovation and sustainable growth, create high-quality jobs, attract investment and reduce strategic dependencies. However, too many still struggle to take ideas from lab to market or […]
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Spring 2025 Economic Forecast
The EU economy began 2025 on a somewhat stronger footing than anticipated. It is projected to keep growing at a modest rate this year, with growth expected to pick up in 2026, despite heightened global policy uncertainty and trade tensions. The Commission’s Spring 2025 Economic Forecast projects real GDP to grow by 1.1% in 2025 […]
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Budgets Committee sets out priorities for next long-term EU budget
MEPs in the Budgets Committee have backed the first report outlining Parliament’s vision for the next long-term EU budget. In the report adopted on Wednesday by 23 votes in favour, 9 against and with 2 abstentions, MEPs emphasise the need for a significantly more ambitious long-term EU budget (multiannual financial framework – MFF) that can […]
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Council adopts regulation on financial benchmarks to ease burden on SMEs
The Council adopted on 24 March a regulation on financial benchmarks, which aims to cut red tape for EU companies, in particular for SMEs. Benchmarks are generally used by companies and investors in the EU as a reference in their financial instruments or contracts. This Regulation amends a 2016 Regulation as regards the scope of […]
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