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, […]
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Council 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. […]
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Commission 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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New world-class European supercomputer opens in Spain
MareNostrum 5, the latest world-class European supercomputer was inaugurated in Barcelona, Spain. Currently ranked as one of the 10 most powerful supercomputers in the world, it is hosted at the Barcelona Supercomputing Centre and will be accessible to a wide range of European scientific and industry users from March 2024. MareNostrum 5 has a peak performance of 314 […]
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EU prolongs tariff suspension for US products related to the steel and aluminium dispute
The European Union has announced its decision to extend until 31 March 2025 the suspension of its rebalancing tariffs on US products in the context of the steel and aluminium dispute. Initially implemented during the Trump Presidency, the EU rebalancing tariffs on US exports were a response to the US “Section 232” tariffs on steel […]
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EU to invest over EUR 65 million in clean technology projects
The Commission has today selected 17 small-scale innovative clean tech projects to receive over €65 million in project support under the EU Innovation Fund. These funds will help companies in Europe, including small businesses, to bring breakthrough technologies to the market in energy-intensive industries, renewable energy, and energy storage. The selected projects cover a wide range […]
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What makes “All I Want for Christmas is You” so popular after thirty years? CORDIS answers
Every year, the catchy tune with the opening bell chimes and tour-de-force delivery re-enters charts worldwide in the weeks before Christmas. Whether you’re indoors or outdoors, the enduring track is unavoidable during the holiday season. The music industry and mainstream media have covered the cultural impact and reasons for the timeless, classic quality of a […]
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EU companies doubled R&D investment growth in 2022
Europe’s industry significantly increased its investment in research and development in 2022, according to the 2023 edition of the EU Industrial Research & Development (R&D) Investment Scoreboard. EU private R&D investment growth has reached the highest rate since 2015 and more than doubled compared to 2021, with 13.6% increase in 2022. In comparison, China has decreased […]
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CORDIS: Decorating before Christmas makes us happier, say experts
Year after year, it feels as if Christmas comes earlier and earlier. Commercialisation is one answer. There’s another reason why people decorate earlier and tap into the excitement of the holidays before the rest of us. It has to do with a chemical reaction in our brains. Putting up the Christmas tree, and breaking out […]
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