The Commission has adopted a new strategy to channel savings into productive investments. It seeks to increase EU citizens’ participation in capital markets with broader investment options and improved financial literacy, fostering their wealth and boosting the EU economy. About 70% of household savings in the EU – worth €10 trillion – are held as bank deposits. They are safe and […]
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Labour migration: an EU Talent Pool to facilitate international recruitment
The EU Talent Pool should be open to workers of all qualification levels and ensure fair treatments of jobseekers, the Civil Liberties Committee agreed on Wednesday. On March 19th, MEPs in the Civil Liberties Committee backed the creation of an EU Talent Pool, designed to make it easier to recruit non-EU nationals to jobs in […]
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Commission’s Action Plan to secure a competitive and decarbonised steel and metals industry in Europe
On March 19th, the Commission took action to maintain and expand European industrial capacities in the steel and metals sectors. The Action Plan on Steel and Metals is designed to strengthen the sector’s competitiveness and safeguard the industry’s future. The European steel industry is fundamental for European economy, providing inputs to critical sectors such as […]
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Commission presents the White Paper for European Defence and the ReArm Europe Plan/Readiness 2030
On March 19th, the Commission and the High Representative presented a White Paper for European Defence – Readiness 2030. The Commission has also presented, as part of the ReArm Europe Plan/Readiness 2030, an ambitious defence package providing financial levers to EU Member States to drive an investment surge in defence capabilities. While the ReArm Europe Plan/Readiness […]
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Brussels IX Conference on “Standing with Syria: meeting the needs for a successful transition”
The Brussels IX Conference on “Standing with Syria: meeting the needs for a successful transition”, hosted and chaired by the European Union (EU) on 17 March 2025, gathered key regional and international partners together with the Syrian Arab Republic. Building on the ministerial meetings in Aqaba (14 December 2024), Riyadh (12 January 2025) and […]
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EU road fatalities to fall by 3% by 2024, yet progress remains slow
On March 18th, the European Commission published preliminary figures on road fatalities for 2024. Around 19,800 people were killed in road crashes in the EU last year, a slight 3% drop compared to 2023. It is the equivalent to 600 fewer lives lost. Even if road fatalities decreased more significantly in 2024 than they did in 2023, the […]
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European Comission approves Spanish state aid scheme for energy storage and the transition to a zero-emission econom
The European Commission has approved a €699 million Spanish scheme to support investments in energy storage facilities to foster the transition to a net zero emission economy. The scheme contributes to achieving the European Commission’s priorities for 2024-2029, as set out in the policy guidelines calling for investments in clean energy and clean technologies. The […]
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The Council adds one entity to its autonomous list of sanctions associated with ISIL (Daesh) and Al-Qaida.
On 17 March the Council decided to add Al Azaim Media Foundation to the EU autonomous list of persons, groups, undertakings and entities associated with ISIL (Da’esh) and Al-Qaida and therefore subject to EU restrictive measures. Al Azaim Media Foundation is the media arm of the Islamic State-Khorasan. With the 17 March decision, the autonomous […]
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Third payment of close €3.5 billion to Ukraine has been approved by the Council
Ukraine will soon receive approximately €3.5 billion after the Council approved a third payment of non-repayable grants and loans to Ukraine under the Ukraine Facility. The main objective of the Facility is to support Ukraine’s macro-financial stability and recovery, reconstruction and modernisation. With this third disbursement, Ukraine will have received close to €20 billion under the Ukraine Facility since its entry into force […]
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