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The Eurogroup adopted a statement on the fiscal policy orientation for 2025 and on the future of the Capital Markets Union.

The payment request covers reforms and investments in the areas of digitalisation of healthcare administration, energy efficiency, cybersecurity, healthcare, as well as research and innovation for the green transition.

This payment request covers reforms and investments in areas such as public administration, the judiciary, public procurement, early childhood education and care, the decarbonisation of the energy sector, electronic communications, research and innovation, and health.

The Commission has concluded its preliminary assessment of Poland's first payment request under the Recovery and Resilience Facility. It concludes that Poland has satisfactorily fulfilled the two “super milestones” to strengthen important aspects of the independence of the Polish judiciary through reforming the disciplinary regime for judges. Once confirmed by Member States, today's Commission assessment would allow for the disbursement of €6.3 billion in the coming weeks.

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The Nordic Investment Bank (NIB) and Pahkakosken Energia Oy have agreed a 15-year loan to build a 186 megawatt onshore wind farm in North Ostrobothnia in Finland. The agreement is worth €50 million and is supported by the InvestEU programme.

This payment request covers the implementation of four reforms and 24 investments that will drive positive changes for both citizens and businesses in Czechia, impacting key areas such as clean mobility, health, forestry, water management, research, and digitalisation.

This payment request covers the implementation of reforms in key areas such as social assistance, ecological transition, public procurement and modernisation of industry.

“Half-way through the lifetime of the RRF, we can point to a number of key achievements. In the darkest months of the pandemic, the announcement helped to calm markets and avoid a great fragmentation among EU economies. Then as funds started flowing, the RRF gave a boost to the economic rebound, sustaining public investment and accelerating the reduction in unemployment.”

The Commission has presented the mid-term evaluation of the Recovery and Resilience Facility (RRF), the EU's recovery instrument at the heart of the €800 billion NextGenerationEU (NGEU) plan. It finds that the RRF continues to make a real difference on the ground across the EU.

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📅 Register now: Recovery and Resilience Facility (RRF) and European Strategic Investments– 9 April 2024

🗓️ Save the date for the European Commission’s Brussels Economic Forum on 16 May 2024. Join us in Brussels or online for a day of debates and networking with speakers and participants from across the world.

The aftermovie of the EU Sustainable Investment Summit 2024 is out. Watch now the highlights of the event or catch up with the replays. You can also rewatch the InvestEU: Financing Europe’s Future event which took place the day before the Summit.

Save the date for the Recovery and Resilience Facility: state of play and way forward event, co-organised by the European Commission and the Belgian Presidency of the Council of the European Union on 9 April 2024. More information on the programme and the speakers will be available soon.

This episode of Real Economy explores the challenges businesses are facing and how they are upskilling workers amid the digital and green transitions. Thanks to the European Skills Agenda and the Pact for Skills, some two million workers across Europe have already received advanced training.

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The European Commission and the International Finance Corporation (IFC) have signed a guarantee agreement to support investments that will help drive an inclusive and sustainable reconstruction in Ukraine. The EU will provide up to €90 million in financial guarantees to support investments in Ukraine to the IFC as part of its Better Futures Program (BFP).

The European Commission's Winter Interim Forecast revises growth in both the EU and the euro area down to 0.5% in 2023, from 0.6% projected in the Autumn Forecast, and to 0.9% (from 1.3%) in the EU and 0.8% (from 1.2%) in the euro area in 2024. In 2025, economic activity is still expected to expand by 1.7% in the EU and 1.5% in the euro area.

“Today’s agreement to reform our economic governance is good news for the European economy. It concludes a long journey for the redesign of the EU’s fiscal rules. While the agreed texts are different and more complex with respect to our initial proposal, they preserve its core elements: more medium-term planning; greater ownership by Member States within a common framework; a more gradual fiscal adjustment to reflect commitments to investments and reforms.”