Close to €1.6 billion of EU funds will help Spain recover from Valencia’s devastating floods 

This article is brought to you in association with the European Commission. The European Commission has proposed to the European Parliament and the Council an aid of €945 million from the EU Solidarity Fund (EUSF) to Spain to support the recovery from the destructive ‘DANA floods’ of October 2024 in Valencia. In addition, the Commission has approved […]

Parliament paves way for the use of EU funds to finance natural disaster recovery

This article is brought to you in association with the European Parliament. Two new EU laws will offer quick EU funding for recovery measures following natural disasters that have occurred after 1 January 2024. The Regional Emergency Support to Reconstruction (“RESTORE”) proposal allows EU countries to more easily channel European regional development funds (ERDF) and cohesion […]

€430 million of EU funds to support the EU agricultural sector

Spain: EIB and Extremadura regional government sign €90 million loan to co-finance agriculture projects in the region

This article is brought to you in association with the European Commission. The Commission proposes to mobilise additional EU funding for EU farmers impacted by adverse climatic events, high input costs, and diverse market and trade related issues. The new support package will consist of €330 million for 22 Member States. In addition, Member States today […]

Parliament approves the “rule of law conditionality” for access to EU funds

This article is brought to you in association with the European Parliament. On Wednesday, MEPs approved the regulation designed to protect EU funds from being misused by EU governments who bend the rule of law. Under the new regulation, EU budget payments can be withheld from countries in which established breaches of the rule of law […]

EU funds must reach media and creative sector, say MEPs

This article is brought to you in association with the European Parliament. Additional EU action is needed to make sure EU help reaches the ravaged media and culture sectors, say EP Culture committee members. The culture and creative sector in the EU – especially individual creators and SMEs – and the media sector are being […]

Member states jeopardising the rule of law will risk losing EU funds

This article is brought to you in association with the European Parliament. Governments interfering with courts or going easy on fraud and corruption will risk being stripped of EU funds, according to a draft law endorsed in committee on Thursday.   Assisted by a panel of independent experts, the EU Commission would be tasked with establishing […]

A Sting Exclusive: EU Commissioner Mimica looks at how the private sector can better deliver for international development

This article was exclusively written for the Sting by Mr Neven Mimica, EU Commissioner for International Cooperation & Development. There’s never been a more relevant time to look at what role the private sector has to play in development. What are the challenges, and what can it help to deliver? The current world situation leaves us […]

Parliament sets up plan to fight the 3,600 criminal rings of EU

A special purpose Committee of the European Parliament adopted this week a package of measures to fight organised crime, corruption and money laundering, setting out an EU action plan for 2014-2019. Blocking organised crime’s financial assets and incomes are on top of the list. This special Committee on Organised Crime, Corruption and Money Laundering of […]

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