The EU Commission has adopted a report on the implementation of its strategy for the EU’s outermost regions. The Report shows that the Commission is delivering on its commitments by supporting these regions through a wide range of initiatives, funds, and legislative proposals.
The European Defence Industry Programme (EDIP) aims to increase the EU’s defence readiness and buttress its armaments industry. Auditors call for a sturdier policy design and a better balance between objectives, budget and timeline. Accountability arrangements must be clarified and strengthened.
Support through global health initiatives has increased, while EU bilateral assistance to partner countries has decreased. Auditors criticise cases of substantial management costs. They highlight shortcomings in the distribution of equipment and medicines. Furthermore, maintenance of donated equipment is inadequate, and projects hardly survive when aid stops.
The EU has moved away from donor-recipient dynamics towards mutually beneficial partnerships, which bring benefits to the local populations and strengthen resilience at home and abroad. This approach was embodied in the Global Gateway investment strategy launched in 2021. By investing in partnerships, the EU seeks to position itself in an increasingly contested environment.
On Monday, EU Commission presented the interim evaluation of InvestEU, the EU flagship investment programme designed to facilitate better access to finance for companies across Europe in support of common priorities. So far, InvestEU has unlocked €218 billion in additional investments, with 90% of the EU guarantee allocated.
EU Commissioner Iliana Ivanova met with Ministers from the Western Balkans in Skopje yesterday and today in a series of meetings. The representatives reaffirmed their commitment to integrating the Western Balkans into the European Education Area, the European Research Area, and the European Innovation Agenda, as well as into Creative Europe and EU Digital.
“Today, I would like to draw three lessons from the story of CERN. The first one is that scale matters. No European country alone could have built the world’s largest particle collider… The second lesson of CERN is that if you want to compete more, you have to collaborate more. All your discoveries are open access… Your core mission at CERN has always been fundamental research. But all along your
Is COVID recovery funding disbursed transparently from Brussels to national capitals, and from national treasuries to final recipients? The EU set up the Recovery and Resilience Facility (RRF) in early 2021. €724 billion were initially available to the 27 member states, making the RRF the largest EU funding instrument to date. On 15 October, the European Court of Auditors will hold a conference on how transparent and traceable the instrument
The Budgetary Control Committee (CONT) of the EU Parliament on Monday proposed to refuse discharge for the management of the EU budget by the European Council and the EU Council for the financial year 2022.
Austria’s second payment request concerns 54 milestones and 13 targets. It covers reforms that support investment initiatives in the areas of healthcare, the circular economy and the phase-out of fossil-fuel heating systems. The areas of taxation and permitting procedures for renewables are also covered by the reforms.
According to the EU Court of Auditors (ECA), the EU Trust Fund for Africa is flexible, but still not properly focused on priorities. Its monitoring system lacks accuracy, leading to overstatement of achievements. And risks of human rights violations are not thoroughly addressed.
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