The European Commission raised last november 19 €7 billion of EU Bonds in its 10th syndicated transaction for 2024, €3 billion of which in the form of NextGenerationEU (NGEU) Green Bonds. The dual-tranche transaction concerned a €4 billion tap of the EU Bond maturing on 4 December 2031, and a €3 billion tap of the NextGenerationEU […]
EU expands scope of sanctions against Iran
The Council has decided to broaden the scope of the EU framework for restrictive measures in view of Iran’s military support of Russia’s war of aggression against Ukraine. This framework, adopted in July 2023, currently prohibits the export of components used in the construction and production of Unmanned Aerial Vehicles (UAVs) from the EU to Iran, and […]
Hungary: European Parliament warns of threat to EU values, institutions and funds
Parliament condemns the deliberate, continuous and systematic efforts of the Hungarian government to undermine the EU’s founding values. In a resolution adopted on Thursday with 345 votes for, 104 against and 29 abstentions, MEPs express strong concern about the further erosion of democracy, the rule of law and fundamental rights in Hungary, in particular through the recently […]
The European Commission has published its 2023 Summary Report on the Implementation of the European Structural and Investment Funds
The European Commission published its 2023 Summary Report on the Implementation of the European Structural and Investment Funds (ESI Funds), showcasing some of the overarching achievements of the ESI funds as things stood at the end of 2022. These funds are the main financial instruments of Cohesion Policy, supporting regional development investments from the 2014 – 2020 […]
The Commission proposes to mobilise additional EU funding for EU farmers impacted by adverse climatic events
The Commission proposes to mobilise additional EU funding for EU farmers impacted by adverse climatic events, high input costs, and diverse market and trade related issues. The new support package will consist of €330 million for 22 Member States. In addition, Member States today approved the €100 million support package for farmers in Bulgaria, Hungary, Poland, Romania and […]
European Defence Fund: €1.2 billion to boost EU defence capabilities and innovation
The European Commission has adopted the third annual Work Programme under the European Defence Fund (EDF), allocating €1.2 billion to defence collaborative research and development projects. With this new Work Programme, the Commission unlocks new funding for defence projects to jointly develop strategic defence capabilities and technologies. It also introduces a series of new measures […]
16 Spanish projects will benefit from the prestigious Advanced Grants
The European Research Council (ERC) has announced the award, within the Horizon Europe program, of 218 advanced grants to outstanding research projects; 16 of these have been allocated to leading projects being developed in Spanish centers. Spain is the fifth country in terms of the number of researcher projects awarded grants, behind Germany, the United […]
REACT-EU: €1.8 billion to boost employment, healthcare and social inclusion in Spain
Spain will receive an additional €1.8 billion under REACT-EU to boost employment, healthcare and social inclusion. The funds will help maintain employment through short-time work measures, and support workers and jobseekers in acquiring the skills needed for a more digital and green economy. The funds will also reinforce the healthcare sector and support Spain’s economic recovery from […]
EU to invest €13.5 billion in research and innovation for 2023-2024
The Commission has adopted today the main Horizon Europe work programme 2023-24, with around €13.5 billion to support researchers and innovators in Europe to pursue breakthrough solutions for environmental, energy, digital and geopolitical challenges. As part of the broader EU €95.5 billion research and innovation programme, Horizon Europe, this funding will contribute to the EU reaching its climate goals, increasing energy resilience, […]