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.
The European Economic and Social Committee (EESC), has adopted an opinion supporting the inclusion of persons with disabilities in the open labour market. The EESC is calling for the promotion of measures and policies that would buttress these efforts, including the setup of a joint fund between Member States.
Following severe flooding across Central and Eastern Europe, the EU has mobilised assistance through the EU Civil Protection Mechanism at the request of Czechia and Poland.
The European Investment Bank (EIB) is lending fibre broadband provider Deutsche Glasfaser (DG) €350 million to expand its network in Germany. The project will make high-speed internet available to some 460,000 homes and businesses in rural areas that lack high-capacity broadband.
The European Commission today took a decisive step in reinforcing support for Ukraine by proposing a comprehensive financial assistance package, consisting of a Ukraine Loan Cooperation Mechanism of up to €45 billion, and an exceptional Macro-Financial Assistance (MFA) loan of up to €35 billion.
“Turning research and innovation into economic outcomes is an area where we have made headway, although challenges remain. The European Innovation Council supports deep-tech innovators, but venture capital in Europe, particularly for scaling up, still trails the United States” – EU Commissioner Iliana Ivanova.
Aim of the revision is to align the financial regulation with the current multiannual financial framework (MFF) 2021-2027. Additional improvements and simplifications are introduced, such as a better protection of the EU’s financial interests, provisions for procurement in times of crisis and simplified rules and procedures for beneficiaries.
The initiative will provide reliable data on research and innovation careers in EU and OECD countries. Providing researchers and innovators with attractive careers is key to boosting European competitiveness and retaining talent.
Socialists and Democrats expressed their criticism with the position of the EU Council on the Union’s budget for next year. The Hungarian Presidency of the EU Council presented a proposal on the EU budget 2025 that would cause damage to main EU programmes, the S&D Group stated.
The EU Commission received the third payment request under the Recovery and Resilience Facility (RRF) from Lithuania, for €463 million net of prefinancing, of which €174.7 million in grants and €288.3 million in loans. This comes on top of €1.3 billion already disbursed to Lithuania under the first and second payment requests.
“By implementing together what Member States cannot do on their own, we are creating tangible European value added. By combining reforms and investments in a coherent and structured way, we are ensuring that our funds are spent in strategically and sustainably” – EU Commission VP Valdis Dombrovskis.
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