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.
The European Investment Bank (EIB) and Prysmian, world leader in the power and telecom cables sector, have signed a new, €450 million finance contract to facilitate electricity transmission and distribution in Europe.
The Commission disbursed to Greece the fourth payment for €2.3 billion in loans (net of pre-financing) under the Recovery and Resilience Facility (RRF). As for all Member States, payments made to Greece under the RRF are performance-based and depend on the implementation by Greece of the investments and reforms described in its recovery and resilience plan.
The European Commission has approved, under EU State aid rules, an amendment to Finland’s map for granting regional aid until 31 December 2027, within the framework of the Regional aid Guidelines.
Today, the Commission has given a positive assessment of Luxembourg’s modified recovery and resilience (RRF) plan, which includes a REPowerEU chapter. The plan is now worth €241.1 million in grants and covers 10 reforms and 13 investments.
Three Renew Europe MEPs have been elected to chair core Committees in the European Parliament. Marie-Agnes Strack-Zimmermann was elected Chair of SEDE, Ilhan Kyuchyuk Chair of the Legal Affairs Committee and Barry Andrews Chair of the Parliament’s Committee on Development.
On Tuesday, the European Parliament’s Committee on Budgetary Control (CONT) elected Niclas Herbst (EPP, DE) as committee Chair for the first half of the legislature.
Following the elections to the bureau of the European Parliament’s committees and subcommittees, Co-Chairmen Nicola Procaccini and Joachim Brudziński congratulated the newly elected chairs and vice-chairs. Committee MEPs elected Veronika Vrecionová as Chair of the Committee on Agriculture and Rural Development (AGRI), Johan Van Overtveldt as Chair of the Committee on Budgets (BUDG) and Bogdan Rzońca as Chair of the Committee on Petitions (PETI).
Committee members elected their new Chair and four Vice-Chairs during the constitutive meeting on Tuesday. Adrian-Dragoș Benea (S&D, RO) was elected Chair of the Regional Development Committee by acclamation.
In their constitutive meeting, members of the Committee on Budgets have elected their bureau consisting of the Chair and four Vice-Chairs for a two-and-a-half year term.
EIB commits more than €450 million to support Ukrainian energy infrastructure crucial for upcoming winter. The bank also announces a new initiative to increase local-currency lending and EIB guarantees to facilitate access to financing for Ukrainian businesses. And the EIF is to roll out this month €300 million in export-credit guarantees for EU companies trading with Ukraine.
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