Almost one year after Russia launched its war of aggression against Ukraine, the EU economy entered 2023 on a better footing than projected in autumn and is now set to narrowly avoid the recession that was anticipated for the turn of the year.
This Discussion Paper reviews approaches to conceptualising the contribution of natural capital to economic processes, explores their empirical implementation and suggests next steps for the modelling of natural capital in production functions.
The paper offers a first attempt to track the sustainability performance of the Public Development Banks and Institutions in Europe and their contribution to the alignment of EU Member States to the Sustainable Development Goals.
Opening remarks by Commissioner Paolo Gentiloni at the Eurogroup press conference
Speech by Executive Vice-President Dombrovskis at the high-level conference: “Croatia, the 20th member of the euro area"
The reports provides an overview of economic developments and policy challenges in the euro area. It focuses in particular on the risks of divergence within the euro area stemming from the energy price shocks and discuss avenues to mitigate the impact on the economy. This report provides the analytical underpinning for the 2023 euro area recommendation.
Italy's third payment request relates to 55 milestones and targets covering several reforms in the areas of competition, justice, education, undeclared work and water management, as well as investments in cybersecurity, renewables, grids, railways, research, tourism, urban regeneration and social policies.
The Commission has disbursed the third and final tranche of €500 million under the €5 billion exceptional macro-financial assistance (MFA) operation for Ukraine.
On 14 December, the Commission welcomed the political agreement reached between the European Parliament and the Council on financing REPowerEU and enabling Member States to introduce REPowerEU chapters in their recovery and resilience plans.
Watch live now! Youth Policy Dialogue with EVP Dombrovskis is kicking off
On 1 January 2023 Croatia adopted the euro as its currency. This marks an important milestone in the history of Croatia, of the euro area and of the EU as a whole. It follows a period of intensive preparation and substantial efforts by Croatia to meet all the necessary requirements.
This New Year will be an unforgettable one for the Croatian people, as their country becomes the twentieth member of our common currency and at the same time joins the Schengen area. What a historic milestone both for Croatia and for the European Union as a whole!
On 16 December, the Commission paid €1.37 billion to Bulgaria and €700 million to Croatia under the Recovery and Resilience Facility (RRF).
On 16 December, the Commission approved a positive preliminary assessment of Portugal's request for payment of €1.8 billion in grants and loans under the Recovery and Resilience Facility (RRF), the key instrument at the heart of NextGenerationEU.
On 14 December, the Commission adopted its Opinion on Italy's updated Draft Budgetary Plan (DBP) for 2023.
The European Commission and the Nordic Investment Bank (NIB) have signed an InvestEU guarantee agreement worth up to €114 million.
The exchange between Executive Vice-President Dombrovskis and youth representatives on how we can best support EU citizens to deal with the immediate effects of the energy crisis and inflation and build a fair, more inclusive and sustainable future for the next generation is now available to replay online.
The Commission disbursed more than €6.5 billion on 14 December to nine Member States in the final operation under SURE, the instrument designed to protect jobs and incomes affected by the COVID-19 pandemic.
As 2022 comes to a close, we would like to take this opportunity to thank you for your support in this past year and wish you a Merry Christmas and a Happy New Year 2023! The year in numbers: the InvestEU Portal currently features more than 1500 investment projects with the total investment proposed amounting to EUR 20.39 billion. In the upcoming year the InvestEU Portal, will continue to stand next to you to boost the visibility of your ideas and help you find the perfect ‘match’.
We are pleased to inform you that in the margins of this year’s very successful European Angel Investment Summit, the European Commission signed a Memorandum of Understanding with the European Business Angels Network (EBAN).
