This paper presents the main features of the Loan Facility, the loans component in Greece’s Recovery and Resilience Plan (RRP), and a first assessment of its economic impact using the European Commission’s QUEST model.
News
An overview of economic developments in candidate and pre-candidate countries.
This Economic Brief analyses the euro area fiscal stance since 2020, i.e. the impulse that national budgets and the EU budget have been providing to the euro area economy since the pandemic.
This paper reviews different methodologies to identify green jobs in cross-country comparable data that are regularly and timely available for EU Member States and assess their usefulness for policy-relevant labour market analysis.
This paper documents the role played by financial frictions in the asymmetry of international risk sharing during different phases of business cycles.
The Commission has endorsed a positive preliminary assessment of Slovakia's fourth payment request for €799 million under the Recovery and Resilience Facility, the centrepiece of NextGenerationEU.
The Commission has approved a positive preliminary assessment of 53 milestones and targets related to Italy's fifth payment request for €11 billion under the Recovery and Resilience Facility (RRF), the centrepiece of NextGenerationEU.
The Commission and Banco Português de Fomento have signed an InvestEU guarantee agreement worth up to €210 million which is expected to mobilise more than €3 billion in investments. BPF will utilise the European Union guarantee of the InvestEU programme to mobilise investments in Portugal using three of its “policy windows”: Sustainable Infrastructure, SMEs as well as Social Investment and Skills.
The Commission has published the 2024 Convergence Report in which it provides its assessment of the progress non-euro area Member States have made towards adopting the euro. The report covers: Bulgaria, Czechia, Hungary, Poland, Romania and Sweden.
“Today’s policy guidance reflects both the need for fiscal prudence and the immense investment needs we face. I am confident that it will help us deliver on our common objectives.”
The Commission has provided policy guidance to Member States under the 2024 European Semester Spring Package to build a robust and future-proof economy that secures competitiveness, resilience and long-term prosperity for all, while maintaining sound public finances, in the face of a challenging geopolitical environment.
Discover the inspiring stories of innovation and growth across Europe that are highlighted in the new InvestEU video. The video shows a variety of successful projects funded by InvestEU, demonstrating the transformative impact of strategic investments in different sectors and regions. From cutting-edge technology startups to sustainable infrastructure projects, see how InvestEU is driving progress and improving lives. Watch the video now and explore the diverse range of initiatives supported by InvestEU.
As we reach the midpoint of 2024, we are delighted to reflect on a strong first half of the year, marked by the InvestEU Portal now featuring 1,576 published investment projects. A key highlight was the EBAN Congress in Tallinn, co-organized with the European Business Angel Network, which saw record participation. The EBAN Congress as well as our collaboration with Bpifrance for online pitching events has further increased interest and registrations. We are looking forward to the second half of 2024 with more interesting projects and events coming up.
The latest InvestEU Portal pitching events led to new successful investment deals.
We are excited to inform you that 7 InvestEU Portal projects successfully raised funds from investors, following their pitches at our 2023 events (co-organized by EBAN and Euroquity/Bpifrance). Our big congratulations to all of them!
At this year's Brussels Economic Forum on 16 May, high-level speakers and participants discussed how the EU elections will shape future economic policies. You can check out the highlights and replay the event on our website.
The last episode of the season of the Euronews Real Economy magazine takes stock of how the EU handled the series of economic challenges it faced in the last five years and the prospects for the next mandate. The episode features an interview with Commissioner Gentiloni.
Supported by InvestEU, the European Investment Fund has finalised agreements with eight leading banks and financial institutions in Finland to assist SMEs, small mid-caps and housing associations. The agreements will facilitate around €1 billion in lending to invest in projects that promote Finland's climate objectives and environmental sustainability.
The payment request covers important steps in the delivery of 34 reforms and 26 investments that will drive positive change for citizens and businesses in Spain in the areas of the green and digital transitions, the pension system, research, development and innovation, education and vocational training, employment, digitalisation of public services, forestry and water management, and inter-territorial cooperation.
Text Following its assessment of the payment request submitted on 15 April 2024, the Commission has preliminarily concluded that Croatia has satisfactorily completed the 25 milestones and 12 targets set out in the Council Implementing Decision for the fifth grant instalment and the first loan instalment.