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Follow us
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Top story
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Commission proposes new economic governance rules fit for the future
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The Commission has presented legislative proposals to implement the most comprehensive reform of the EU's economic governance rules since the aftermath of the economic and financial crisis. The central objective of these proposals is to strengthen public debt sustainability and promote sustainable and inclusive growth in all Member States through reforms and investment.
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Viewpoint
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Paolo Gentiloni, Commissioner for Economy
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“We have debated extensively and consulted widely. Now we need to forge a consensus among Member States and the European Parliament: to rediscover that unity of purpose that helped Europe navigate the immense challenges of the past three years. I am convinced that we can and that this new framework will support both stability and growth in the EU for years to come.”
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News
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Replay the Brussels Economic Forum
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The Commission held its flagship annual economic event, the Brussels Economic Forum, on 4 May 2023. Speakers included Kristalina Georgieva, Valdis Dombrovskis, Paolo Gentiloni, Paschal Donohoe, Nadia Calviño and many more discussed how we can build a new competitive model for Europe among global tensions and scarce resources. You can replay the event and check out the pictures from the day. We also want to hear your opinion and your suggestions for next years’ edition.
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Commission pays a further €1.5 billion in macro-financial assistance to Ukraine
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The Commission has made a third payment of €1.5 billion under the Macro-financial Assistance (MFA)+ package for Ukraine, worth up to €18 billion. This support will help Ukraine to keep on paying wages and pensions and maintain essential public services running, such as hospitals, schools, and housing for relocated people.
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NextGenerationEU: Commission disburses first payment of €301 million to Denmark under the Recovery and Resilience Facility
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The payment of €301 million in grants was made possible by Denmark's fulfilment of the 25 milestones and targets linked to the first instalment. The request covers key steps of the green tax reform in support of the green and digital transition of businesses and a reform for a more digital health system.
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Commission pays €200 million in financial support to Jordan
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The Commission has paid the third and final instalment of €200 million in Macro-Financial Assistance to Jordan. This financial support is an important demonstration of the EU's partnership and solidarity with Jordan. It has helped the country address its urgent financing needs, supported overall macro-economic stability and was a key driver of the implementation of transformative reforms.
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Commission pays €40 million in financial support to Moldova
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The Commission has paid a €40 million loan in financial support to the Republic of Moldova, as part of the ongoing Macro-Financial Assistance operation to the country worth €150 million in total. This constitutes important support from the EU to one of the countries most directly and heavily impacted by Russia's war of aggression against Ukraine.
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InvestEU: European Investment Fund and microStart mobilise €30 million for Belgian micro-enterprises
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The European Investment Fund (EIF) has agreed to provide a guarantee to microStart, a leading microfinance institution in Belgium, so that it can make at least €30 million available to Belgian microenterprises. Thanks to this operation, which benefits from the support of the InvestEU programme, microStart will be able to improve access to finance for the smallest Belgian entrepreneurs.
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Speeches
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Statement by Executive Vice-President Dombrovskis at the press conference for the informal Ecofin council meeting
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Despite the various challenges, the RRF represents a major step forward in coordinating national economic and social policies, and in making good use of common funding tools.
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Events and notices
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Annual Research Conference: Call for papers
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The Annual Research Conference is the European Commission’s flagship research forum that brings together leading researchers working on economic policy design at European and national levels. Researchers are invited to submit papers by 31 May 2023. The authors of selected papers will be invited to attend the conference in Brussels on 13-15 November.
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Publications
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EU Candidate Countries’ & Potential Candidates’ Economic Quarterly (CCEQ) – Western Balkans and Türkiye. 1st Quarter 2023
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An overview of economic developments in candidate and pre-candidate countries.
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