On Monday, EU Commission presented the interim evaluation of InvestEU, the EU flagship investment programme designed to facilitate better access to finance for companies across Europe in support of common priorities. So far, InvestEU has unlocked €218 billion in additional investments, with 90% of the EU guarantee allocated.
Luxembourg, 4 September 2024 Judgments of the General Court in Cases T-381/15 RENV II and
Following its assessment of the payment request submitted on 6 June 2024, the EU Commission has preliminarily concluded that Greece has satisfactorily completed the 16 milestones and four targets, set out in the Annex of the Council Implementing Decision for the fourth instalment.
The Swedish Government has approved SEK 2 million in support to the inhabitants of Gammalsvenskby in Ukraine. The village, which was founded by Swedes in 1782, has been under immense pressure since the start of Russia’s full-scale invasion.
Today, the EU Commission adopted the 2024 Annual Action Programme for the Turkish Cypriot community, allocating €39.5 million in new EU funding to facilitate Cyprus’ reunification and to support the socio-economic development of the community.
By the end of 2023, EU Member States had drawn down less than a third of the planned EU COVID-19 recovery funds. Only around half of the money transferred from Brussels to national capitals reportedly reached final recipients. Auditors even flag risks of funding absorption slowing further and projects not being completed as planned.
As a response to the COVID pandemic, the EU launched the Recovery and Resilience Facility (RRF), a nearly €700 billion euro fund made available to EU countries to address the economic and social impact of the pandemic, promoting green transition and climate targets. ECA auditors have examined whether these RRF goals have been met.
Migration flows from Africa to the EU have fluctuated over the years, peaking in 2014-2016. In October 2015, the European Commission created the European Union Emergency Trust Fund for Africa (EUTF) to address the root causes of irregular migration, instability, and internal displacements in Africa, and to coordinate the response of EU member states.
The EU is coming to the middle of its multi-year budget cycle covering 2021 to 2027. Unprecedented challenges, such as the COVID-19 pandemic and the Russian war of aggression against Ukraine, have called for significant policy and funding responses. The European Court of Auditors’ (ECA) prepares its annual audit on the EU budget, due to be published on 10 October 2024.
This study presents an overview of the current anti-fraud architecture of the European Union, describing the composition, roles and responsibilities of the organisations involved, as well as their governance structures and forms of cooperation and coordination.
The European Commission has today launched a call for evidence to gather information on the scope and content of its revision of the 2014 Guidelines on State aid to airports and airlines (the ‘Aviation Guidelines’).
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