“Putin's war and his weaponisation of Russia's energy exports' aim is to divide Europe and to weaken the resolve of the collective West to support Ukraine. The Russian government will try to use our economic difficulties. And will fail.”
Meeting on 9 September, euro area economy and finance ministers discussed macro-economic developments in the euro area including energy, and inflation and their impacts on fiscal policy.
The European Commission has given a positive assessment of the Netherlands' recovery and resilience plan.
On 1 September, the Commission received Bulgaria's first payment request under the Recovery and Resilience Facility (RRF) for a disbursement of €1.37 billion in financial support.
The European Investment Fund (EIF), backed by an EU budget guarantee from the new InvestEU programme contributed €25 million to the €100 million raised by The Green Generation Fund, a fund founded by women.
On 25 August, the European Commission presented a proposal to the Council for a decision to grant an additional €460 million in financial support to Bulgaria under the SURE instrument, bringing the total support to the country to €971 million.
The European Commission will not prolong the enhanced surveillance of Greece which expired on 20 August.
The European Commission, on behalf of the EU, has disbursed the first half (€500 million) of a new €1 billion macro-financial assistance (MFA) operation for Ukraine on 1 August.
“The Commission is coming forward with a proposal for a further €5 billion macro-financial assistance to support Ukraine in addressing its immediate financial needs caused by Russia's brutal invasion. Ukraine must win this war: it must regain the freedom and independence it is so courageously fighting for. The EU will continue to do its part to make sure this happens – solidarity will prevail, and peace will come.”
The European Commission has proposed a further €5 billion in macro-financial assistance (MFA) loans to Ukraine as the second part of the exceptional MFA package of up to €9 billion announced in the Commission's communication of 18 May 2022 and endorsed by the European Council of 23-24 June 2022.
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Focussing on the euro area, QREA Volume 21 No. 2 (2022) provides estimates of the impact of the COVID-19 pandemic on corporate cleansing and labour markets, an updated assessment of the SURE instrument, as well as stress tests on the fiscal impact of extreme weather and climate-related events. It concludes with a brief overview of recent major policy developments at euro area level.
Did you know that the InvestEU Portal expanded beyond the borders of the EU member states? Investment projects coming from Norway and Iceland will be able to join the InvestEU Portal. We look forward to welcoming them on our Portal!
We are happy to announce that the new InvestEU Portal promotional video featuring Commissioner Gentiloni was published. The video showcases two successful projects, which were published on the InvestEU Portal and provides an overview of the Portal by Commissioner Gentiloni.
We are excited to inform you that InvestEU Portal projects successfully raised around EUR 8 million in funds from investors, following their pitching sessions at our 2021 events (co-organized by EBAN and the InvestEU Portal). Our big congratulations to all of them!
We are excited to inform you that 3 InvestEU Portal projects successfully raised around EUR 8 million in funds from investors, following their pitching sessions at our 2021 events (co-organized by EBAN and the InvestEU Portal).
We are excited to inform you that 5 InvestEU Portal projects successfully raised around EUR 8 million in funds from investors, following their pitching sessions at our 2021 events (co-organized by EBAN and the InvestEU Portal). Silina - A paradigm shift for the imaging industry, raised $2.5 million following EBAN Annual Congress 2021 Bikeep, raised $2.5 million following EBAN Annual Congress 2021 Valyuu - Circular Economy Marketplace, raised € 600 000 following the European Angel Investment Summit 2021 Our big congratulations to all of them!
This study explores drivers and barriers of Slovenian firms’ investment activity and tests how the impact of the core investment determinants has changed in the aftermath of the global financial crisis.
The paper focuses on energy reforms in Greece and the information provided in this paper was used as an input for the ex-post evaluation of the Greek adjustment programmes during the period 2010-2018.
