The European Commission’s Autumn 2025 Economic Forecast shows that growth in the first three quarters of 2025 outperformed expectations. While the strong performance was initially driven by a surge in exports in anticipation of tariff increases, the EU economy continued to grow in the third quarter. Looking ahead, economic activity is expected to continue expanding at a moderate pace over […]
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2026 EU budget deal: EP boosts research, competitiveness and security
MEPs achieved increases for the 2026 EU budget and secured funds for Horizon Europe, transport and energy networks, civil protection and agriculture. On Saturday morning, negotiators from the European Parliament and the Council reached a provisional agreement on the 2026 EU Budget, before the deadline of the conciliation period. Negotiators agreed to set the overall […]
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Commission proposes strengthened cooperation to combat tax fraud
On November 14th, the European Commission proposed an amendment to strengthen cooperation between the European Public Prosecutor’s Office (‘EPPO’), the European Anti-Fraud Office (‘OLAF’), and Member States. The proposal provides a legal basis for the exchange of information and access to VAT data, enhancing the EU’s ability to combat fraud against the financial interests of […]
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Commission advances the Savings and Investments Union with measures to mobilise insurers’ and banks’ capital for Europe’s future
The Commission has adopted two measures to support the essential role institutional investors, such as banks and insurers, play in the financing the EU economy. These measures deliver on the roadmap set out in the Savings and Investments Union (SIU) strategy and contribute to the EU’s broader objectives of supporting private investment, improving capital market integration, and strengthening Europe’s long-term competitiveness, for the benefit of […]
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Faster and safer instant euro payments become a reality
From today, sending money across the euro area will be faster and safer than ever. Thanks to new EU rules on instant payments, people and businesses can now transfer money in euro within seconds, anytime – day or night, weekdays or weekends – whether within their own country or across the euro area. Since January 2025, payment service […]
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Commission completes proposal for the 2028-2034 EU long-term budget
Last September 3, the Commission has adopted a second package of seven sectoral proposals completing the framework for the next long-term EU budget for 2028–2034. These legal acts complete the MFF 2028-2034 proposal, and cover the following areas: • The Single Market and Customs Programme; • The Justice Programme; • The Euratom Research and Training […]
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Voluntary sustainability reporting standard to ease burden on SMEs
The Commission has adopted last July 30 a recommendation on voluntary sustainability reporting for small and medium-sized companies (SMEs). The recommendation presents a voluntary standard that will make it easier for SMEs that are not covered by the Corporate Sustainability Reporting Directive (CSRD) to respond to specific requests for sustainability information from large financial institutions and companies. The […]
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Commission unveils anti-fraud revamp to protect the EU budget
Last July 16 the Commission has launched a structured reflection process for the review of the EU Anti-Fraud Architecture. The review complements the preparatory work on the next multiannual financial framework (MFF). Its aim is to ensure a strengthened and more efficient protection of the Union’s financial interests. The review of the EU Anti-Fraud Architecture […]
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EP considers budget proposal insufficient to meet Europe’s challenges
MEPs warn that the 1.26% ceiling will force cuts as debt repayments loom and warn about the long-term budget presented by the Commission. Parliament’s co-rapporteurs for the multiannual financial framework (MFF), Siegfried Mureșan (EPP, Romania) and Carla Tavares (S&D, Portugal), together with the co-rapporteurs for own resources,Sandra Gómez López (S&D, Spain) and Danuše Nerudová (EPP, […]
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