The European Investment Fund (EIF) and the European Commission are launching new COVID-19 support measures under the EaSI Guarantee Instrument (EaSI) to enhance access to finance for micro-borrowers, micro- and social enterprises. Support due to Coronavirus The new measures will support micro- and social enterprises as well as individual micro-borrowers hit by the socio-economic consequences […]
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First “Green Deal” funding from European Innovation Council awards over €307 million to 64 startups
The European Innovation Council has awarded over €307 million to 64 game-changing ‘green deal’ start-ups and SMEs contributing to the objectives of the European Green Deal Strategy and the Recovery Plan for Europe. Winning proposals range from innovative solutions for the automotive, aerospace and maritime sectors to advanced materials or Internet of Things technologies. Over one third of the selected companies are […]
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EU: Agreement on recovery package
We have done it: Europe is strong, Europe is robust and, above all, Europe is united Charles Michel EU leaders agreed a recovery package and the 2021-2027 budget that will help the EU to rebuild after the pandemic and will support investment in the green and digital transitions. The socio-economic fallout from the COVID-19 crisis […]
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Humanitarian Aid: €64 million for most vulnerable in Southern Africa
The Commission is providing €64.7 million in humanitarian aid for countries in the southern Africa region to help support people in need dealing with the coronavirus pandemic, extreme weather conditions such as persistent drought in the region and other crises. Financing projects by country Funding from this aid package will go for humanitarian projects in […]
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Summer 2020 Economic Forecast
The EU economy will experience a deep recession this year due to the coronavirus pandemic, despite the swift and comprehensive policy response at both EU and national levels. Because the lifting of lockdown measures is proceeding at a more gradual pace than assumed in our Spring Forecast, the impact on economic activity in 2020 will […]
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Commission and EIB provide CureVac with a €75 million financing for vaccine development and expansion of manufacturing
The European Investment Bank (EIB) and CureVac, a clinical-stage biopharmaceutical company developing a new class of transformative medicines based on optimised mRNA, entered into a €75 million loan agreement to support the Company’s ongoing development of vaccines against infectious diseases, including its vaccine candidate CVnCoV aimed at preventing SARS-CoV-2 infections. El préstamo, además, apoyará los […]
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German Presidency outlines priorities to EP committees: “Together for Europe’s recovery”.
Ministers are outlining the priorities of the German Presidency of the Council of the EU to parliamentary committees, in a series of meetings. Germany holds the Presidency of the Council until the end of 2020. The first series of hearings is taking place from 3 to 16 July. A second set of hearings will take […]
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EIB joins forces with DLL to provide up to €400 million to finance the investments of SMEs in Spain and Italy
The European Investment Bank (EIB) has provided €200 million in financing to DLL, a global asset finance company for equipment and technology, and wholly owned subsidiary of Rabobank, to support small and medium-sized enterprises (SMEs) and contribute to a greener economy. As part of the agreement, DLL will provide a further €200 million, meaning that €400 million […]
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Space synergies to drive economic growth and job creation
By reinforcing synergies with other space technologies and working with all the Member States, while creating a favourable ecosystem, the impact of the space sector on economic growth in Europe will largely expand and create more jobs, according to European GNSS Agency (GSA) Acting Executive Director Pascal Claudel. The 2nd Earth Observation Summit has been held online on 2-3 […]
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