This article is brought to you in association with the European Commission. Thank you, Minister. Good morning, everyone. It’s a pleasure to be back here in Nicosia. We held a number of constructive exchanges over the course of this informal ECOFIN meeting. We started our discussions with competitiveness. Europe’s productivity and growth problems are not new. […]Remarks by Commissioner Dombrovskis at informal ECOFIN press conference
May 26, 2026 by Leave a Comment
This article is brought to you in association with the European Commission. Thank you, Minister. Good morning, everyone. It’s a pleasure to be back here in Nicosia. We held a number of constructive exchanges over the course of this informal ECOFIN meeting. We started our discussions with competitiveness. Europe’s productivity and growth problems are not new. […]Spring 2026 Economic Forecast shows slowdown in growth as energy shock drives up inflation
May 26, 2026 by Leave a Comment
This article is brought to you in association with the European Commission. The Spring 2026 Economic Forecast projects weaker economic activity, as the conflict in the Middle East triggers a new energy shock that reignites inflation and shakes economic sentiment. Before the end of February 2026, the EU economy was set to keep expanding at a […]EU and Mexico deepen long-term ties at a historic summit
May 25, 2026 by Leave a Comment
This article is brought to you in association with the European Commission. Today, the EU and Mexico have taken a major step forward in their partnership by signing the Modernised Global Agreement (MGA) and interim Trade Agreement (iTA). At the 8th EU-Mexico Summit in Mexico City, both sides agreed to deepen their political and economic cooperation […]Spring 2026 Economic Forecast shows slowdown in growth as energy shock drives up inflation
May 22, 2026 by Leave a Comment
This article is brought to you in association with the European Commission. The Spring 2026 Economic Forecast projects weaker economic activity, as the conflict in the Middle East triggers a new energy shock that reignites inflation and shakes economic sentiment. Before the end of February 2026, the EU economy was set to keep expanding at a […]Slovakia: MEPs demand action to protect EU values and the EU budget
May 21, 2026 by Leave a Comment
This article is brought to you in association with the European Parliament. Parliament wants the Commission to assess whether there could be a clear risk of a serious breach of the EU’s founding values by Slovakia’s government. In a resolution adopted on Wednesday with 347 votes for, 165 against and 25 abstentions, MEPs say they are […]Commission welcomes political agreement on implementation of EU-US trade deal
May 21, 2026 by Leave a Comment
This article is brought to you in association with the European Commission. The European Commission welcomes the political agreement reached today between the European Parliament and the Council of the EU on two Regulations eliminating tariffs on all US industrial goods and providing preferential market access for certain US agricultural and seafood products, in line with […]Protecting EU strategic sectors from risky foreign investments
May 20, 2026 by Leave a Comment
This article is brought to you in association with the European Parliament. On Tuesday, Parliament approved new EU rules for the screening of foreign investments to prevent security risks. With 508 votes in favour, 64 against and 90 abstentions, MEPs gave their green light to an agreement with EU member states on the mandatory screening of […]How the Hormuz crisis keeps disrupting kitchens, ports and paychecks
May 20, 2026 by Leave a Comment
This article is published in association with United Nations. The fragile ceasefire between the United States and Iran may have eased fears of a wider regional war, but persistent instability around the Strait of Hormuz continues to disrupt global trade, drive up energy costs and fuel a growing jobs and cost-of-living crisis. The fallout is being […]Commission proposes €144 million from the European Union Solidarity Fund to help Spain, Romania, and Cyprus recover from climate disasters
May 19, 2026 by Leave a Comment
This article is brought to you in association with the European Commission. The European Commission has proposed the mobilisation of €144 million from the European Union Solidarity Fund (EUSF) to aid Spain, Romania and Cyprus in their recovery from devastating climate-related disasters in 2025. This financial support underscores the EU’s commitment to standing by its Member States in times of crisis, […]European Innovation Council selects EQT to lead €5 Billion Scaleup Europe Fund
May 19, 2026 by Leave a Comment
This article is brought to you in association with the European Commission. The European Innovation Council (EIC) Fund Board has chosen EQT as the preferred investment adviser and fund manager for the Scaleup Europe Fund, following a rigorous and highly competitive selection process to lead the EU’s €5 billion initiative designed to empower the continent’s most […]Commission greenlights Lithuania’s sixth payment request for €178 million under NextGenerationEU
May 19, 2026 by Leave a Comment
This article is brought to you in association with the European Commission. The Commission published its fifth State of the Schengen report, reviewing developments in the Schengen area over the past year and setting priorities for the year ahead. The Schengen area continues to demonstrate resilience, underpinned by collective efforts at both EU and national level. […]Global energy and trade disruption pushing millions towards poverty
May 18, 2026 by Leave a Comment
This article is published in association with United Nations. Disruptions to global energy supplies and trade corridors are driving up the cost of food, transport and essential goods worldwide, slowing economic growth and increasing pressure on vulnerable households and debt-strapped developing countries. The warnings came during a special meeting of the UN Economic and Social Council […]Commission greenlights Romania’s fourth payment request for €2.62 billion under NextGenerationEU
May 15, 2026 by Leave a Comment
This article is brought to you in association with the European Commission. Today, the European Commission issued a positive preliminary assessment of Romania’s fourth payment request for €2.62 billion under the Recovery and Resilience Facility (RRF), the centrepiece of NextGenerationEU. This important step relates to the delivery of the funds tied to this payment request, supporting sustainable forest management, decarbonisation of the transport and energy sectors, tax administration, public pensions, healthcare […]Budget Credibility as an Anchor for Better Economic Outcomes for Africa
May 14, 2026 by Leave a Comment
This article is published in association with IMF. Policy priorities include more realistic forecasting, stronger expenditure controls, improved cash management, and institutional reforms to better align budgets with outcomes Budgets people can trust—because spending and revenues stay close to what was promised—are critical to delivering better economic outcomes. Yet across sub-Saharan Africa, it has become increasingly […]EESC urges tougher EU action to curb single market fragmentation
May 13, 2026 by Leave a Comment
This article is brought to you in association with the European Economic and Social Committee. Europe’s single market is facing ongoing challenges due to fragmentation, unfair commercial practices and the accelerating pace of technological change. In a series of recent opinions, the European Economic and Social Committee has called for stronger EU action to modernise the […]Commission issues €10 billion in its fifth syndicated transaction of 2026
May 13, 2026 by Leave a Comment
This article is brought to you in association with the European Commission. The European Commission has raised €10 billion of EU-Bonds in its 5th syndicated transaction for 2026. The dual-tranche transaction concerned a €6 billion new 7-year EU-Bond,maturing on 12 October 2033, and a €4 billion tap of the 30-year EU-Bond,maturing on 12 October 2055. Building […]EESC: The EU bioeconomy requires robust safeguards and clear direction
May 12, 2026 by Leave a Comment
This article is brought to you in association with the European Economic and Social Committee. The EU needs a strong and coherent bioeconomy strategy grounded in strict sustainability safeguards, circular design, and reduced resource use, ensuring competitiveness and climate goals remain within planetary boundaries. It must also clearly define the societal value of the bioeconomy. In […]Commission greenlights Austria’s fourth payment request for €325 million under NextGenerationEU
May 7, 2026 by Leave a Comment
This article is brought to you in association with the European Commission. Today, the European Commission positively assessed Austria’s fourth payment request for €325 million under the Recovery and Resilience Facility, the centrepiece of NextGenerationEU. This is an important step in the delivery of the reforms and investments tied to this payment request, supporting the green […]Commission proposes new measures to fight poverty and improve the lives of persons with disabilities
May 6, 2026 by Leave a Comment
This article is brought to you in association with the European Commission. Today, the European Commission has unveiled an ambitious social plan aimed at helping to eradicate poverty and promoting the rights of persons with disabilities across the EU. The package includes the first-ever EU anti-poverty strategy – the Commission’s plan to help end poverty in the EU by […]Discharge: MEPs sign off on the management of the EU’s budget in 2024
April 30, 2026 by Leave a Comment
This article is brought to you in association with the European Parliament. MEPs approve the Commission’s management of the 2024 EU budget but warn that rule of law backsliding in several member states is harming the use of EU funds. On Wednesday, plenary signed off the budgetary management by the European Commission, responsible for the majority […]Commission greenlights Italy’s ninth payment request for €12.8 billion under NextGenerationEU
April 29, 2026 by Leave a Comment
This article is brought to you in association with the European Commission. Today, the Commission positively assessed Italy’s ninth payment request of €12.8 billion under the Recovery and Resilience Facility, the centrepiece of NextGenerationEU. Following its assessment of the payment request, the Commission found that Italy has satisfactorily completed all 16 milestones and 34 targets set out in the Council Implementing Decision. The reforms and […]Parliament endorses renewed EU trade instrument for development
April 28, 2026 by Leave a Comment
This article is brought to you in association with the European Parliament. On Tuesday, Parliament adopted the renewed regulation on the generalised system of preferences (GSP). The updated rules, passed with 459 votes in favour, 127 against and 70 abstentions, allow vulnerable developing countries to export goods to the EU with low or no tariffs. Several […]EP President Metsola to EU leaders: “Europe cannot face a new era with an old budget”
April 27, 2026 by Leave a Comment
This article is brought to you in association with the European Parliament. At the European Council, President Metsola addressed three main topics: the situation in the Middle East, the ‘One Europe One Market’ Roadmap and the Multiannual Financial Framework. Speaking to EU leaders, Parliament President Metsola focused on three topics: The situation in the Middle East […]European Institutions agree Roadmap to achieve “One Europe, one Market” by end of 2027
April 27, 2026 by Leave a Comment
This article is brought to you in association with the European Commission. On the sidelines of the Informal meeting of Heads of State or Government in Cyprus, the President of the Republic of Cyprus as the rotating Presidency of the Council of the European Union, and the Presidents of the European Parliament and the European Commission, […]Chokepoints and conflict: How the Hormuz crisis is exposing global shipping vulnerabilities
April 27, 2026 by Leave a Comment
This article is published in association with United Nations. The blockading of ships in the Strait of Hormuz as a result of the conflict between the United States and Iran has demonstrated how ships and seafarers have become “leverage in geopolitical disputes,” according to the head of the UN’s International Maritime Organization (IMO). Since conflict began […]Commission greenlights Poland’s fourth payment request for €7.2 billion under NextGenerationEU
April 23, 2026 by Leave a Comment
This article is brought to you in association with the European Commission. Today, the European Commission positively assessed Poland’s fourth payment request for €7.2 billion under the Recovery and Resilience Facility (RRF), the centrepiece of NextGenerationEU. Following its assessment of the payment request, the Commission found that Poland has satisfactorily completed the 30 milestones and 13 targets set out […]EIB and Commerzbank launch new cooperation for €2 billion in grid investments in Europe
April 21, 2026 by Leave a Comment
This article is published in association with European Investment Bank. The EIB and Commerzbank signed a new cooperation agreement at Hannover Messe that will enable investments of up to €2 billion in electricity grids in Germany and other EU Member States. The cooperation will address key financing bottlenecks for grid expansion and upgrades, which are crucial for integrating […]EU long-term budget: MEPs want a 10% increase to support EU priorities
April 20, 2026 by Leave a Comment
This article is brought to you in association with the European Parliament. On Wednesday MEPs endorsed their negotiating position on the 2028-2034 EU budget, including a breakdown of the amounts they want to allocate to each EU funding programme. The 2028-2034 EU budget (the multiannual financial framework – MFF) should be set at 1.27% of EU […]Commission issues €9 billion in its fourth syndicated transaction of 2026
April 15, 2026 by Leave a Comment
This article is brought to you in association with the European Commission. The European Commission has raised €9 billion of EU-Bonds in its 4th syndicated transaction for 2026. The dual-tranche transaction concerned a €3 billion tap of the 3-year EU-Bond, maturing on 12 July 2029, and a €6 billion new 20-year EU-Bond, maturing on 12 October […]Development finance gap risks reversing decades of progress
April 13, 2026 by Leave a Comment
This article is published in association with United Nations. Global fragmentation, deepening geopolitical tensions and conflicts are putting decades of development progress at risk, the UN warned in a report published on Thursday – calling for stepping up investment to meet internationally agreed goals. The 2026 Financing for Sustainable Development Report assesses progress on the Sevilla Commitment, a 2025 […]Development finance gap risks reversing decades of progress
April 10, 2026 by Leave a Comment
This article is published in association with United Nations. Global fragmentation, deepening geopolitical tensions and conflicts are putting decades of development progress at risk, the UN warned in a report published on Thursday – calling for stepping up investment to meet internationally agreed goals. The 2026 Financing for Sustainable Development Report assesses progress on the Sevilla Commitment, a […]The EU’s electricity grids must be strong, smart and secure
April 6, 2026 by Leave a Comment
This article is brought to you in association with the European Economic and Social Committee. At its March plenary session, the European Economic and Social Committee (EESC) stressed that the EU needed more decentralised energy and better coordination on electricity grids. Networks should be rapidly digitalised and be aligned with national energy and climate plans. The […]Developing countries are being priced out, in struggle for affordable finance
March 31, 2026 by Leave a Comment
This article is published in association with United Nations. Developing countries are being priced out of the affordable finance they desperately need for sustainable development, with sovereign credit ratings often overstating risk and overlooking long-term economic potential, the UN said on Monday. A credit rating is an assessment of how likely a borrower, such as a government, is to […]
