This Directorate General is responsible for managing the budget of the European Union, and therefore proposes and implements the financial framework, as well as collects the resources that EU countries have agreed to contribute.
The EU Commission has issued positive preliminary assessments of the Netherlands’ payment request for €1.18 billion and Denmark’s payment request for €128 million under NextGenerationEU, the centrepiece of Europe’s recovery efforts to build a greener, more digital and competitive Union.
GANANA will strengthen expertise exchange, foster research links and enhance the development of software for HPC applications. Three European HPC Centers of Excellence funded by the EuroHPC JU, focusing on the domains of biomedical and life sciences, natural hazards and weather modelling.
The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of Digital Vault Services GmbH by Deutsche Börse AG and Lindner Beteiligungs GmbH (‘Lindner’), all of Germany. The transaction relates primarily to the financial sector, in particular the digital issuance and safekeeping of guarantees and sureties.
The European Commission has approved, under EU State aid rules, a €111.7 million Greek measure to support Motor Oil Hellas, a Greek refinery company, to produce renewable hydrogen.
After a first loan signed in 2022 to support the Group’s digitalisation of media platforms, DPG has now signed a further €120 million in the framework of further digitalisation and innovation of its media.
“The coming years will undoubtedly bring challenges. It will take collective and sustained efforts from Germany, Europe, and all of us. Many of these challenges will persist for years. But I remain optimistic. If we embrace the Bavarian mindset—staying true to our principles while remaining open to new opportunities—then I firmly believe that anything is possible” – EU Commissioner Hoekstra.
At two weeks from the EU Affordable Action Plan, the electricity industry calls on the EU Commission to avoid ill-designed short-term measures: “Extending this legislation to utilities will increase bureaucracy, make the market less liquid and tie up billions of euros that could otherwise be invested in the transition. Policymakers will achieve the exact opposite of what the clean industrial deal is meant to”,electric’s Secretary General Kristian Ruby.
The dual-tranche transaction concerned a €6 billion tap of the EU-Bond maturing on 4 December 2031, and a €5 billion tap of the NextGenerationEU Green Bond maturing on 4 February 2050.
The European Commission has published its “Road to the next Multiannual Financial Framework”. The communication outlines key policy and budgetary challenges that will shape the design of the next Multiannual Financial Framework (MFF). Delve into the details of the EU’s long-term budget and its evolving needs and priorities.
The EU Commission issued a positive preliminary assessment of Cyprus’s third payment request for €76.9 million under NextGenerationEU, the centrepiece of Europe’s recovery efforts to build a greener, more digital, and competitive Union.
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