Horizon 2020, the EU’s research and innovation programme running from 2014 to 2020 with a budget of nearly €80 billion, made a major contribution to building an EU society and economy rooted in knowledge and innovation and benefitted Europeans far beyond what could have been achieved at national or regional level. Enabling rapid response to […]
Read MoreThe keys to the EU’s new Artificial Intelligence law
Did you know that the EU will be the first to establish clear rules for the use of Artificial Intelligence? Here’s what they will consist of. Last December, the Council and the European Parliament reached a provisional agreement on what is the first Artificial Intelligence (AI) Regulation. This law stems from the European Commission’s 2021 […]
Read MoreCommission launches AI innovation package to support Artificial Intelligence startups and SMEs
The Commission has launched a package of measures to support European startups and SMEs in the development of trustworthy Artificial Intelligence (AI) that respects EU values and rules. This follows the political agreement reached in December 2023 on the EU AI Act – the world’s first comprehensive law on Artificial Intelligence – which will support the […]
Read MoreEurostat: Halting sharp rises in agricultural prices in the EU by 2023
First estimates of agricultural price indices for 2023 indicate a shift from the sharp price increases that characterised 2021 and 2022. In 2023, the average price of agricultural goods as a whole (output) in the EU increased by 2% compared to the previous year, while the average price of goods and services currently consumed in agriculture (inputs) […]
Read MoreEU tourism sector eclipses pre-pandemic figures by 2023
In 2023, EU tourism continued to show signs of rebounding from the COVID-19 pandemic. The estimated number of nights spent at tourist accommodation establishments in 2023 reached 2.92 billion, exceeding the pre-pandemic level for 2019 (2.87 billion) by 1.6% and setting a record year for the EU accommodation sector. In 2023, 171 million more nights were spent compared with 2022 […]
Read MoreMusic streaming sector: EU must ensure just pay for artists and fair algorithms
On Wednesday, the European Parliament called for EU rules to ensure the music streaming sector is fair and sustainable, and to promote cultural diversity. In a resolution adopted by 532 votes to 61 and 33 abstentions, MEPs ask for the imbalance in revenue allocation from the music streaming market to be addressed, as it currently […]
Read MoreEuropean Commission and EIF join forces to boost investment in defence innovation
The European Commission and the European Investment Fund (EIF) have joined forces to step up their support to EU’s defence and security through the launch of the Defence Equity Facility. The initiative, consisting of €100 million from the European Defence Fund and an additional €75 million from the European Investment Fund, will significantly expand EIF’s investment capacity to support, […]
Read MoreCouncil greenlights partial negotiating mandate for strategic technologies
Member states’ EU ambassadors agreed on the Council’s partial negotiating mandate on the proposed Strategic Technologies for Europe Platform (STEP). The platform will support investments in critical technologies in the fields of digital and deep tech, clean tech and biotech in the EU. It will reduce the EU’s strategic dependencies and enhance its long-term competitiveness. […]
Read MoreCommission launches three new initiatives to support Ukrainian researchers and innovators
Yesterday, the Commission has launched three new initiatives boosting the EU research and innovation cooperation with Ukraine New Horizon Europe Office in Kyiv; New European Innovation Council (EIC) action to support the Ukrainian deep tech community; New European Institute of Innovation and Technology (EIT) Community Hub. Commissioner for Innovation, Research, Culture, Education and Youth, Iliana Ivanova, […]
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