The European Commission invites citizens and stakeholders to contribute to the development of a European savings and investment account scheme. This initiative, which is part of the Savings and Investment Union Strategy, aims to make it easier for citizens to participate in capital markets, improving the profitability of their savings while increasing the finance available […]
EU-Chile Interim Trade Agreement enters into force
The EU-Chile Interim Trade Agreement (ITA) has entered into force, following the completion of Chile’s ratification process. The ITA, which was signed in December 2023, is of key geopolitical importance. It will boost the competitiveness of businesses on both sides, while providing a shared platform for the development of our net-zero economies. This work will be further underpinned by ongoing […]
Council sets budget expenditure paths for 21 Member States
The Council moved a step closer to implementing the EU’s new fiscal rules by adopting today recommendations approving the first national medium-term fiscal-structural plans and setting out net expenditure paths for 21 Member States. The national medium-term fiscal-structural plans are a cornerstone of the new economic governance framework. They set out Member States’ fiscal paths, […]
The European Commission approves a €120 million Spanish scheme to support investments in strategic sectors of the Asturias region
The European Commission has approved a €120 million Spanish scheme to support investments in strategic sectors in the Asturias region to foster the transition to a zero net emission economy, in line with the Green Deal Industrial Plan. The scheme was approved under the Temporary Crisis and Transition Framework for state aid, adopted by the […]
Do you know what the EU has done to promote and support the development and use of clean technologies?
In a Communication adopted, the Commission is setting out what the EU has done to promote and support the development and deployment of clean technologies, by reinforcing the Single Market, ensuring a level-playing field, supporting research and innovation, expanding its network of trade agreements, and mitigating the impact of external developments. It also looks at first […]
EU budget 2023
The Commission has proposed an annual EU budget of €185.6 billion for 2023, to be complemented by an estimated €113.9 billion in grants under NextGenerationEU. The EU budget will continue to mobilise significant investments to boost Europe’s strategic autonomy, the ongoing economic recovery, safeguard sustainability and create jobs. The Commission will continue to prioritise green […]