MEPs warn that the 1.26% ceiling will force cuts as debt repayments loom and warn about the long-term budget presented by the Commission. Parliament’s co-rapporteurs for the multiannual financial framework (MFF), Siegfried Mureșan (EPP, Romania) and Carla Tavares (S&D, Portugal), together with the co-rapporteurs for own resources,Sandra Gómez López (S&D, Spain) and Danuše Nerudová (EPP, […]
An ambitious budget for a stronger Europe: 2028-2034
Last July 16, the European Commission presented its proposal for an ambitious and dynamic Multiannual Financial Framework (MFF), amounting to almost EUR 2 trillion (or 1.26% of the EU’s gross national income on average between 2028 and 2034). This framework will equip Europe with a long-term investment budget matching its ambitions to be an independent, […]
Europe performs well in innovation
The EU’s innovation performance has made steady long–term progress, increasing by 12.6 percentage points since 2018. This latest edition of the European Innovation Scoreboard (EIS) reveals significant shifts in national innovation performance. Thirteen Member States improved their score since last year, with Malta (+7.6 points) and Luxembourg (+5 points) seeing the largest gains. Since 2018, all EU countries have boosted their […]
House prices and rents continue to rise in early 2025
In the first quarter of 2025, house prices in the EU rose by 5.7%, while rents increased by 3.2% compared with the same quarter of 2024. Compared with the fourth quarter of 2024, house prices increased by 1.4% and rents by 0.9%. Between 2010 and the first quarter of 2025, house prices in the EU increased by […]
Commission to cut EU Taxonomy red tape for companies
The European Commission has adopted a set of measures to simplify the application of EU Taxonomy. This will reduce the administrative burden for EU companies, thus enhancing EU competitiveness while preserving core climate and environmental goals. The Taxonomy Regulation entered into force in 2020, and its reporting requirements apply since 2022. By providing a common sustainability reference point for […]
Commission launches strategy to lead in life sciences by 2030
On 2 July, the European Commission launched a new strategy to make Europe the most attractive place in the world for life sciences by 2030. Life sciences – the study of living systems, from cells to ecosystems – are fundamental to our health, our environment and our economy. They drive innovation in medicine, food and […]
Gaps on the European labour market 2024 continue to increase
The EURES report on European labour 2024 shows that persistent labour shortages, as well as surplus occupations in in European key sectors continue to rise. The seventh edition of this report, which gathers data from across 31 EURES countries, provides crucial insights into the nature of employment trends and needs to tackle shortages and surpluses. All 31 EURES countries […]
EU invests €2.8 billion in 94 projects to enhance sustainable mobility across Europe
The European Commission selected 94 transport projects to receive nearly €2.8 billion in EU grants under the Connecting Europe Facility (CEF). By modernising railways, inland waterways and maritime routes across the trans-European transport network (TEN-T), the projects will not only help better connect European regions and cities – north to south, east to west, but also make the EU’s […]
EYE2025 (European Youth Event): thousands to celebrate the power of democracy
On 13 and 14 June in Strasbourg, around 8,500 16 to 30-year-olds from all over the world will take part in a series of activities centred on the future of Europe. EYE2025 (European Youth Event) will be opened by Parliament Vice-president Sabine Verheyen (EPP, DE) on Friday 13 June at 10:00 in the EYE village. Vice-president Nicolae Ştefănuță (Greens/EFA, […]