The European Investment Fund (EIF) and three leading lenders in the Baltic states – LHV Pank, SEB Bank and Swedbank – have joined forces in an effort to trigger more than €720 million in new financing for local businesses and households in the region.
Cyprus’ third payment request concerns 12 milestones and 4 targets. It covers reforms that support investment initiatives, enhance the productivity and effectiveness of public administration, improve the system for issuing and transferring title deeds, and lead the digital transformation of the Cyprus Police Force.
Yesterday, the Commission received Portugal’s fifth payment request for an amount of €2.9 billion net of pre-financing, including €1.65 billion in grants and €1.25 billion in loans, under the Recovery and Resilience Facility (RRF).
Canada is joining the growing group of non-EU countries who have associated to the EU’s research and innovation programme, Horizon Europe, and will work jointly on large-scale projects tackling our biggest challenges.
Today, the European Commission announced the sixth investment package under the EU’s Economic and Investment Plan for the Western Balkans that is expected to mobilise €1.2 billion in investments.
The European Commission has approved, under EU State aid rules, a €3 billion (SEK 36 billion) Swedish scheme to support carbon capture and storage (‘CCS’) aimed at reducing carbon dioxide (‘CO2′) released during the combustion or processing of biomass (‘biogenic CO2′).
The fifth payment request covers important steps in the delivery of 14 reforms and 22 investments that will drive positive change for citizens and businesses in Italy in areas including competition law, public procurement, waste and water management, justice, the spending review framework, as well as secondary and tertiary education.
Today, the Commission endorsed a positive preliminary assessment of 19 out of the 20 milestones and targets linked to Belgium’s first payment request for €658 million (net of pre-financing) under the Recovery and Resilience Facility (RRF), the centrepiece of NextGenerationEU.
Today, the Commission has received Slovenia’s third payment request for €257.6 million. The fourth grant instalment and second loan instalment, which have been combined into one payment request, relate to eight milestones.
The EU Commission has endorsed a positive preliminary assessment of Slovakia’s fourth payment request for €799 million (net of pre-financing) under the Recovery and Resilience Facility, the centrepiece of NextGenerationEU.
On Friday, the Commission has received Italy’s sixth payment request under the Recovery and Resilience Facility (RRF) for €8.5 billion, of which €1.6 billion in grants and €6.9 billion in loans.
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