Today, 11 May, the European Union and the Syrian Transitional Authorities will hold two high-level meetings in Brussels to strengthen relations between the EU and Syria and discuss ways to support Syria’s socio-economic recovery, reconstruction and long-term stability. Following the fall of the Assad regime, the EU opened a new chapter in its relations with […]
Close to €1.6 billion of EU funds will help Spain recover from Valencia’s devastating floods
The European Commission has proposed to the European Parliament and the Council an aid of €945 million from the EU Solidarity Fund (EUSF) to Spain to support the recovery from the destructive ‘DANA floods’ of October 2024 in Valencia. In addition, the Commission has approved the reallocation of €645 million from Spain’s cohesion policy funds via […]
EU announces €2.3 billion support package at Ukraine Recovery Conference 2025
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 […]
Commission proposes €23 billion payment to Spain under NextGenerationEU
Last July 7, the Commission positively assessed Spain’s fifth payment request for 23 billion under the Recovery and Resilience Facility (RRF), the centrepiece of NextGenerationEU. This assessment is a significant step towards the disbursement of EU funds to support Spain’s economic growth and resilience efforts. The Commission found that Spain delivered reforms and investments that will benefit citizens and businesses, focusing […]
The EU announces €175 million to support recovery in Syria
Following the lifting of the EU’s economic sanctions against Syria, the European Commission is proposing €175 million for the social and economic recovery of the country. This new EU funding willn Support Syria’s public institutions with the help of experts from Syria and other countries, including the Syrian diaspora. Support bottom-up and community-driven actions in […]
EU approves €58M for Luxembourg under NextGenerationEU
The Commission issued a positive preliminary assessment of Luxembourg’s second payment request for €58 million under NextGenerationEU, the centrepiece of Europe’s recovery efforts to build a greener, more digital and competitive Union. The Commission preliminarily concluded that Luxembourg has fulfilled the milestones and targets required for this second instalment, financed under the Recovery and Resilience Facility (RRF), the key instrument of […]
Commission announces €1.6 billion programme for Palestinian recovery
On April 14, at the occasion of the first ever High-Level Political Dialogue between the European Union and the Palestinian Authority, the Commission is proposing a multiannual Comprehensive Support Programme worth up to €1.6 billion, to foster Palestinian recovery and resilience. With this Programme, the EU reiterates its unwavering support for the Palestinian people and its […]
Parliament warns of impact of recovery costs on EU budget by 2024
Parliament warned on Wednesday about the impact of recovery costs on the bloc’s 2024 budget, putting the bloc’s main plans at risk. MEPs are “deeply concerned that, if the necessary measures are not taken, the cost of increased funding for European recovery instruments could severely constrain the EU budget in terms of financing EU priorities […]
The visit to Spain by the European Parliament’s Committee on Budgetary Control to evaluate the recovery funds comes to an end
The delegation met with members of the Spanish Government, including Nadia Calvinho, First Vice-President and Minister of Economy and Digital Transformation; María Jesús Montero, Minister of Finance and Public Administrations; and José Luis Escrivá, Minister of Inclusion, Social Security and Immigration. They also met with parliamentarians from Castilla-La Mancha, Madrid, Extremadura, Andalusia and Aragon, as […]