On 4 September, the Commission proposed extending the annual winter closure in the Bay of Biscay for fishing vessels over eight metres in length until the winter of 2027, in order to prevent the by-catch of common dolphins and other small cetaceans, species strictly protected under the EU Habitats Directive. For the fourth consecutive year, […]
Commission takes preparatory steps on financial support for Ukraine and boosting drone production
Last April 1st, the European Commission took preparatory steps for the implementation of the €90 billion Ukraine Support Loan, aimed at securing necessary budgetary support and accelerating urgent defence procurement for Ukraine in 2026 and 2027. The package adopted today includes a proposal for the Council to approve the overall amount of the EU’s support […]
Commission releases €8.5 million from the European Globalisation Adjustment Fund to support 5,800 dismissed workers in Sweden
The European Commission has proposed to mobilise €8.5 million from the European Globalisation Adjustment Fund for Displaced Workers (EGF) to help 5,800 workers dismissed after the bankruptcy of Northvolt in Sweden. Founded in 2016, Northvolt faced major production challenges and global oversupply in the battery market. Its bankruptcy in March 2025 led to nearly 6,500 job losses. […]
The EIF will allocate €2.5 billion from the Next Generation Fund to boost Spanish SMEs in innovation, sustainability and competitiveness.
The European Investment Fund (EIF), the European Investment Bank Group’s (EIB Group) equity investment arm for SMEs and midcaps, the Ministry of Economy, Trade and Enterprise and eleven financial institutions have signed guarantee agreements that will enable financial institutions to channel EUR 2.5 billion of new funding to the real economy. The funding will go […]
EU launches InvestAI initiative to mobilise €200 billion of investment in artificial intelligence
At the Artificial Intelligence (AI) Action Summit in Paris, Commission President Ursula von der Leyen has launched InvestAI, an initiative to mobilise €200 billion for investment in AI, including a new European fund of €20 billion for AI gigafactories. This large AI infrastructure is needed to allow open, collaborative development of the most complex AI […]
The 2025 SME Fund is now operational
The Commission and the European Union Intellectual Property Office have launched the SME Fund 2025 to provide financial support to small and medium-sized enterprises (SMEs), a grant scheme designed to help SMEs to better manage and protect their intangible assets. The SME Fund helps SMEs protect their intellectual property rights, including patents, trademarks, industrial designs […]
The Kiwa Initiative launches new projects and additional contributions from its donors to strengthen climate resilience in the Pacific Region
In the margins of the Kiwa Initiative Steering Committee meeting chaired by Canada, the Kiwa Initiative awarded grants to ten local projects in the Pacific Island Countries, as well as launched the third Kiwa regional project implemented by Wildlife Conservation Society (WCS). The IUCN ORO manages local projects for the small to medium-sized grants, specifically […]