The President of the European Commission, Ursula von der Leyen, unveiled last July 10 a new €2.3 billion package of agreements with international and bilateral public financial institutions to support Ukraine’s recovery and reconstruction efforts. It shows the EU’s steadfast commitment to Ukraine’s recovery and its future in the EU. The new €2.3 billion package of […]
EP calls for more coordinated and resilient European electricity grids
Parliament on Thursday put forward measures to modernise the EU’s electricity grid, make it more resilient, integrate renewables and speed up permitting. The text adopted by the plenary calls for the implementation of the European action plan for electricity grids and stresses the need for ambitious investment and substantial improvements in infrastructure, with the aim […]
Make Europe your base for startup success
The European Commission has launched an EU startup and scaleup strategy to make Europe a great place for starting and growing global technology-driven companies. Startups and scaleups drive innovation and sustainable growth, create high-quality jobs, attract investment and reduce strategic dependencies. However, too many still struggle to take ideas from lab to market or […]
EIF invests €40 million in European defence and security tech fund under InvestEU
As Europe faces an unprecedented level of security threat, innovation in defence, security, and space technologies has become a strategic imperative. The EIB Group has stepped up its support to the security and defence industry in 2024, widening the scope of defence and security projects eligible for financing earlier this March. The European Investment Fund (EIF) […]
€910 million to boost European defence
The Commission is investing €910 million under the 2024 edition of the European Defence Fund (EDF) to create a strong and innovative defence industry in Europe. These investments aim to close key capability gaps—like force mobility and drone defence—through innovation and collaboration across European science and industry. Moreover, and for the first time, Ukrainian defence industries can […]
Savings and investments union: better financial opportunities for EU citizens and businesses
The Commission has adopted a new strategy to channel savings into productive investments. It seeks to increase EU citizens’ participation in capital markets with broader investment options and improved financial literacy, fostering their wealth and boosting the EU economy. About 70% of household savings in the EU – worth €10 trillion – are held as bank deposits. They are safe and […]
European Innovation Council to invest €1.4 billion in deep tech and scale up of strategic technologies in 2025
The European Innovation Council (EIC), part of the EU research and innovation programme Horizon Europe, will support European deep tech research and high-potential start-ups with €1.4 billion next year. The EIC Work Programme 2025, which the Commission adopted today, represents an increase of nearly €200 million in comparison with 2024. In addition to a bigger budget, […]
EU invests €4.8 billion of emissions trading revenues in innovative net-zero projects
The Commission has today selected 85 innovative net zero emission projects to receive €4.8 billion in grants from the Innovation Fund to help deploy cutting-edge clean technologies across Europe. The 2023 call for proposals awards for the first time projects of various sizes (large, medium and small, as well as pilot projects) focusing on clean […]
EU to invest more than €380 million in 133 LIFE projects to boost Europe’s green transition
The Commission has granted more than €380 million to 133 new projects across Europe under the LIFE Programme for environment and climate action. The allocated amount represents more than half of the €574 million total investment needs for these projects – the remainder coming from national, regional and local governments, public-private partnerships, businesses, and civil society organisations. LIFE […]