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 […]

Deal on establishing the Social Climate Fund to support the energy transition

This article is brought to you in association with the European Parliament. On Saturday night, Parliament and Council reached a provisional agreement to set up a new fund to help vulnerable citizens most affected by energy and transport poverty. Negotiators agreed to establish the Social Climate Fund (SCF) to benefit vulnerable households, micro-enterprises and transport users […]

Defence industry: EU to reinforce the European defence industry through common procurement with a €500 million instrument

This article is brought to you in association with the European Commission. Today, the Commission has adopted a proposal for a Regulation by the European Parliament and the Council establishing the European Defence Industry Reinforcement through common Procurement Act (EDIRPA) for 2022-2024. As announced in the Joint communication on the Defence Investment Gaps in May, the […]

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