The EU Commission yesterday received Denmark’s third payment request under the Recovery and Resilience Facility (RRF), amounting to €128 million in grants, net of pre-financing. Denmark’s payment request covers a total of five milestones and two targets.
The European Commission yesterday took the decision to make available a €18.1 billion Macro-Financial Assistance (MFA) loan for Ukraine. The loan will be disbursed in tranches over the course of 2025, with the first tranche to be disbursed to Ukraine in early January.
The European Commission has approved, under EU State aid rules, a €350 million German measure to support Concrete Chemicals GmbH in the production of synthetic aviation fuels. The measure will contribute to the achievement of the European Green Deal and the ReFuelEU Aviation targets.
The Council today adopted a set of two regulations aimed at helping member states affected by natural disasters. The measures are a direct response to the devastating floods and wildfires that ravaged Central, Eastern and Southern Europe this year.
The European Commission has approved €127 million in French state aid under EU state aid rules to support the construction of a new container terminal at the port of Dunkirk. The measure aims to support the creation of a terminal including a new quay in the extension of the Quai de Flandres.
The European Commission has greenlit a Cohesion Policy-funded project to upgrade sewerage infrastructure in Zadar and Petrčane aiming at protecting the region’s water and environmental quality while aligning it with EU water and wastewater directives.
The EU Commission has adopted a decision regarding Hungary under the EU budget general regime of conditionality. This decision finds that a Hungarian law notified to the Commission on 2 December 2024 is not sufficient to address risks of conflicts of interests in the boards of so-called ‘public interest trusts’.
The EU Commission has approved an estimated €9.7 billion Italian scheme to support electricity production from renewable energy sources to foster the transition towards a net-zero economy. The scheme was approved under the State aid Temporary Crisis and Transition Framework (‘TCTF’).
The EU Commission has approved an estimated €1.7 billion Danish scheme to support the production of renewable gas to be injected into the grid. The scheme will contribute to the EU’s climate targets in line with the European Green Deal, as well as the objectives of the REPowerEU Plan to reduce dependence on Russian fossil fuels and accelerate the green transition.
The IMF Executive Board completed on December 17, 2024, the sixth review under the Extended Credit Facility/Extended Fund Facility (ECF/EFF), and the second review under Resilience and Sustainability Facility (RSF) with Moldova, allowing for a disbursement totaling SDR 122.2 million (about $162.6 million).
Today, the EU Commission disbursed the third payment for €463 million, net of prefinancing, to Lithuania under the Recovery and Resilience Facility (RRF). This payment is comprised of €174.7 million in grants and €288.3 million in loans.
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