The Commission adopted the work programme of the European Innovation Council (“the ERC”) for 2024, which will offer funding opportunities worth more than €1.2 billion by 2024. The bulk of this funding goes to SMEs and start-ups to develop and scale up their ‘deep tech’ innovations in critical areas such as generative artificial intelligence, space, […]
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Commission approves modification of the regional aid map 2022-2027 for Spain
The European Commission has approved, under EU state aid rules, a modification of Spain’s regional aid map until 31 December 2027, under the Regional Aid Guidelines. On 17 March 2022, the Commission approved the regional aid map 2022-2027 for Spain, as well as its amendment of 9 March 2023 to increase the aid intensity in […]
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Which EU countries spend the most on sporting goods?
In 2020, among the 22 EU countries for which data are available, 4 registered an average household expenditure on sporting goods and services above 500 purchasing power standard (PPS). PPS is an artificial currency unit that eliminates price level differences between countries. On top of the list was Luxembourg (628 PPS), closely followed by the […]
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Commission and India sign agreement on semiconductors
The co-chairs of the EU-India Trade and Technology Council (TTC), Executive Vice-President Valdis Dombrovskis and Vice-President Věra Jourová, held a stock-taking call with their Indian counterparts – Minister of External Affairs Subrahmanyam Jaishankar, Minister for Railways, Communications, Electronics and Information Technology Ashwini Vaishnaw and Minister of Commerce Piyush Goyal to weigh up the work done under the […]
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Value of EU trade deals surpasses €2 trillion
The value of EU trade through free trade agreements with global partners surpassed €2 trillion for the first time in 2022, according to the 3rd Annual Report on the Implementation and Enforcement of EU Trade Policy. The European Commission report shows that trade with our top 20 trade agreement partners grew by close to 30% […]
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Spain, together with Italy, was the largest wine exporter in the European Union in 2022
In 2022, sold production of wine (including sparkling wine, port and grape must) in the EU amounted to 16.1 billion (bn) litres. The top three wine producers accounted for 83% of EU production. Italy and Spain each contributed nearly 5.0 bn litres, representing together 62% of the total sold production in the EU, while France produced 3.4 […]
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Autumn 2023 Economic Forecast for Spain
Following strong real GDP growth this year of 2.4%, economic activity is expected to slow down in 2024 to 1.7%. Headline inflation is projected to keep moderating over the forecast horizon, although upside risks persist. Based on unchanged policies, the general government deficit is set to remain slightly above 3% of GDP in 2024 despite […]
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The Interoperable Europe Act will improve online public services for people and businesses
The Commission welcomes the agreement reached last evening between the European Parliament and Council on the Interoperable Europe Act. This regulation will strengthen cross-border interoperability and cooperation in the public sector across the EU. The Commission proposed the Act to help achieve Europe’s digital targets for 2030, by making key public services available online to all […]
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According to the latest Eurobarometer, skills shortages are a serious problem for most EU SMEs
A new Eurobarometer survey released today finds that skills shortages are one of the most serious problems for Small and Medium-sized Enterprises (SMEs) in the EU. The challenge of skills shortages has grown over the years and now encompasses all EU Member States and all sectors of the economy. The survey is a useful tool in understanding […]
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