The Commission has approved the disbursement of more than EUR 2 billion under the Brexit Adjustment Reserve to a group of twelve Member States. Under this decision, €819.2 million will be made available by the end of March 2022 and the remainder by April 2023 at the latest. This funding will help mitigate the impact […]
Why is EU funding for regions so important?
EU funding will help regions recover from the Covid crisis, whilst reducing disparities, making them greener and creating jobs. Revamping EU regional policy During a plenary session in June 2021, Parliament adopted a cohesion package, including the main regional funds the European Regional Development and Cohesion Fund and the European Territorial Goal of the regional […]
Commission and EIB provide CureVac with a €75 million financing for vaccine development and expansion of manufacturing
The European Investment Bank (EIB) and CureVac, a clinical-stage biopharmaceutical company developing a new class of transformative medicines based on optimised mRNA, entered into a €75 million loan agreement to support the Company’s ongoing development of vaccines against infectious diseases, including its vaccine candidate CVnCoV aimed at preventing SARS-CoV-2 infections. El préstamo, además, apoyará los […]
COVID-19: statement of EU ministers of finance on continuing bank lending and on maintaining a well-functioning insurance sector
It is crucial that banks continue financing households and corporates, including SMEs experiencing temporary difficulties amid the COVID-19 pandemic. To this end, making full use of the flexibility provided for in the prudential and accounting framework, is essential at a time when sufficient financing to cover financial pressures is vital for the economy. EU ministerss […]