The President of the EU Commission and the UK Prime Minister agreed today to strengthen the relationship between the United Kingdom and the European Union. They agreed on shared challenges including the altered strategic context for the wider continent notably resulting from Russia’s illegal invasion of Ukraine.
These are the headlines of our weekly Insight EU Finance Monitoring, published last Saturday. We publish the headlines of our Insight EU Monitoring mails delayed by several days. To receive real-time monitoring emails, subscribe to our annual target group full-text services on the Insight EU Store page.
These are the headlines of our weekly Insight EU Finance Monitoring, published last Saturday. We publish the headlines of our Insight EU Monitoring mails delayed by several days. To receive real-time monitoring emails, subscribe to our annual target group full-text services on the Insight EU Store page.
The European Commission has approved, under EU State aid rules, an amendment to an Italian scheme made available through the Recovery and Resilience Facility (‘RRF’) to support investments in photovoltaic panels in the agricultural sector.
The fifth payment request covers 54 milestones and targets. These include significant steps in the implementation of 14 reforms and 22 investments in areas such as competition law, public procurement, waste and water management, justice, expenditure review framework, and education.
Portugal’s recovery and resilience plan will be financed by €22.2 billion, of which €16.3 billion in grants and €5.9 billion in loans.
A modest recovery is underway, while the disinflationary process remains on track. Following a contraction of 0.9 percent in 2023, real GDP growth is projected at 2.3 percent in 2024. Growth is expected to accelerate to 3.3 percent in 2025 as investment gradually picks up, and then converges to its potential of around 3 percent over the medium term.
These are the headlines of our weekly Insight EU Finance Monitoring, published last Saturday.
The European Banking Authority (EBA) and the European Central Bank (ECB) published today a joint Report on payment fraud data. The report assesses payment fraud reported by the industry across the European Economic Areas (EEA), which amounted to €4.3bn in 2022 and €2.0bn in the first half of 2023.
The Federal Open Market Committee (FOMC) does not expect it will be appropriate to reduce the target range until it has gained greater confidence that inflation is moving sustainably toward 2 percent. In addition, the Committee will continue reducing its holdings of Treasury securities and agency debt and agency mortgage‑backed securities.
The European Securities and Markets Authority (ESMA) issued an Opinion to address the risks presented by global crypto firms seeking authorization under the Markets in Crypto Assets (MiCA) Regulation for crypto brokerage while keeping a substantial part of their group activities at intra-group execution venues outside the EU’s regulatory scope.
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