On 14 June, the Presidents of the three EU institutions, the European Parliament, the Council of the EU and the European Commission attended the official signing ceremony for the Regulation on the EU Digital COVID Certificate, marking the end of the legislative process.
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During an ECOFIN meeting on 18 June, EU finance ministers took stock of the economic recovery in Europe, focusing on implementation of the Recovery and Resilience Facility (RRF) which lies at the heart of the EU's Next Generation EU recovery plan.
The Brussels Economic Forum 2021 will take place online next Tuesday 29 June. The Forum will focus on “Making it happen: Building the new economy we want”.
“Today is a truly historic day for our European Union. We successfully conducted the first funding operation for NextGenerationEU. As a strong Union, we are raising money at the markets together and investing in a common recovery from this crisis. It is an investment in our single market. And even more importantly, it is an investment in the future of Europe's next generations as they face the challenges of digitisation and climate change. Money can now start flowing to help reshaping our continent, to build a greener, more digital and more resilient Europe. I will now visit every Member State, to see NextGenerationEU impact on the ground”
Over the past days, the European Commission has adopted positive assessments of the recovery and resilience plans of twelve Member States.
In its first NextGenerationEU transaction on 15 June, the European Commission raised €20 billion via a ten-year bond due on 4 July 2031 to finance Europe's recovery from the coronavirus crisis and its consequences. NextGenerationEU: European Commission endorses first recovery and resilience plans of twelve Member States.
During a Eurogroup meeting on 17 June in regular format, the European Commission and the European Central Bank (ECB) briefed finance ministers on the main findings of the post-programme surveillance reports on Cyprus, Portugal, Ireland and Spain.
Brussels Economic Forum on 29 June: two weeks to go!
This paper looks at the determinants of sovereign interest rate spreads for euro area countries and in particular the role of fundamentals including fiscal, macroeconomic and institutional variables.
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The latest episode of ‘Real Economy’ on Euronews examines the potential role of digital technology in Europe’s recovery.
Public support for the euro has reached an all-time high, according to the Commission's latest Eurobarometer survey.
The Commission has identified macroeconomic vulnerabilities related to imbalances and excessive imbalances for the 12 Member States selected for in-depth reviews in the 2021 Alert Mechanism Report.
The Commission has adopted a report under Article 126(3) of the Treaty on the Functioning of the EU (TFEU) for all EU Member States except Romania, which is already in the corrective arm of the Pact.
“We are prolonging the general escape clause in 2022, with a view to deactivating it in 2023. We are encouraging Member States to maintain supportive fiscal policies this year and next, preserving public investment and making the most of the funding from the Recovery and Resilience Facility to boost growth.”
On 2 June, the European Commission presented the European Semester Spring Package, which focuses on providing fiscal guidance to Member States as they continue the process of gradually reopening their economies.
The European Commission has disbursed €14.137 billion to 12 EU Member States in the seventh instalment of financial support under the SURE instrument.
This report by the European Commission presents the findings of the 14th post-programme surveillance mission to Ireland and identifies remaining challenges.
This report by the European Commission presents the findings of the 15th post-programme surveillance mission to Spain and identifies remaining challenges.
This report by the European Commission presents the findings of the 13th post-programme surveillance mission to Portugal and identifies remaining challenges.