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Top story
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InvestEU helps finance renewable energy supply for green ammonia production in Lithuania
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The Nordic Investment Bank (NIB) and UAB LT Energija have signed a €100 million loan for a 264 megawatt (MW) wind farm in Pagėgiai, Lithuania. The agreement amounts to €100 million, with €43.5 million backed by the InvestEU programme.
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Viewpoint
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Executive Vice-President for an Economy that Works for People, Valdis Dombrovskis
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“I welcome this agreement that will not only boost Lithuania's energy independence by significantly increasing its renewable energy production capacity. It also paves the way for green growth and environmental sustainability across the Baltic region. Thanks to today's new InvestEU agreement together with the Nordic Investment Bank, we will give a further boost to economic resilience and sustainable growth in Europe.”
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News
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Register now! Brussels Economic Forum - 16 May 2024
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Join high-level speakers and participants from across the world to discuss the hottest economic issues ahead of the EU elections. Due to the limited number of seats available for in-person attendance, we recommend you register now to avoid disappointment!
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Commission disburses the second payment of €360 million to Lithuania under the Recovery and Resilience Facility
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The payment follows Lithuania’s submission for payment of €360 million under the RRF, covering five milestones. These include several reforms in the areas of social care, the green transition, public procurement, and modernisation of its industry.
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Commission endorses positive preliminary assessment of Malta's second payment request for €58.9 million under the Recovery and Resilience Facility
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The payment request covers important steps in the delivery of 24 reforms and ten investments that will drive positive change for citizens and businesses in Malta in the areas of construction, waste management, energy efficiency, transport, digitalisation, healthcare, education and training, justice, anti-corruption and taxation.
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Commission publishes in-depth reviews for six Member States to assess macroeconomic imbalances in the context of the European Semester
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The Commission has published six in-depth reviews (IDRs) for Cyprus, the Netherlands, Romania, Slovakia, Spain, and Sweden. The Commission's final assessment of the existence of macroeconomic imbalances for these 12 Member States, based on the analysis included in the IDRs, will be presented as part of the European Semester Spring Package in June along with country-specific recommendations.
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Speeches
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Speech by Commissioner Gentiloni at the Euronext Annual Conference
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It was always understood that the Capital Markets Union was a long-term project. But we must also begin to ask: how long is too long? With Europe's security and prosperity fundamentally challenged, I think it is time to raise our level of ambition.
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Speech by Commissioner Gentiloni at the RRF annual event in Spain
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Making a success of the RRF in these remaining years should not be a given, it should be the number one priority. It must be perceived as a national mission – one that unites the country and to which everyone is called to contribute, from the institutions at national, regional and local level to businesses, social partners and civil society.
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Real Economy by Euronews
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What’s the impact of Europe’s RRF fund on the Greek economy?
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The latest episode of Real Economy by Euronews takes a closer look at how the Recovery and Resilience Facility is on track to deliver on its promises three years after its launch. The episode examines the role of the RRF in renovating Metaxa Cancer Hospital in Athens and an interview with Nikos Papathanasis, Greece's Alternate Minister at the Ministry of Economy and Finance.
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Events and notices
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Recovery and Resilience Facility (RRF) and European Strategic Investments and Reforms: state of play and way forward event, 9 April 2024
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The Recovery and Resilience Facility (RRF) and European Strategic Investments and Reforms: state of play and way forward event will take place on Tuesday, 9 April. Head to the webpage to check out the programme, great line-up of speakers to and to watch the event online.
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Publications
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