The governments of France and Spain agreed with Airbus SE to modify the terms of the Repayable Launch Investment granted by them for development of the A350 aircraft to reflect market conditions. This means that the European Union and the Member States concerned – France, Spain and Germany, also known as the “Airbus Member States” […]
Read More
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 […]
Read More
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 […]
Read More
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 […]
Read More
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 […]
Read More
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 […]
Read More
Online tools for SMEs and public sector to better adopt renewable energy sources
An EU-funded initiative has introduced a search engine and a repository to gather data, share information, and match the needs of public procurers and SMEs in embracing renewable energy sources (RESs). Green public procurement (GPP) is a system where public sector organisations use their purchasing power to choose environmentally friendly goods, services and works that […]
Read More
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 […]
Read More
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 […]
Read More