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Top story
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Commission proposes further €500 million in Macro-Financial Assistance to Jordan
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The proposed financial assistance aims to help Jordan cover part of its external financing needs, support the fiscal consolidation effort and support structural reform efforts, so that Jordan's ambitious reform agenda can continue, promoting jobs, growth and investment.
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Viewpoint
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Commissioner for Economy, Paolo Gentiloni
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"With today’s proposal, the EU shows its strong commitment to sustain its support to Jordan during these exceptional times. The assistance will help ensure that Jordan keeps the reform momentum in line with its economic modernisation vision. It will also help to stimulate inclusive and sustainable growth to the benefit of the people in Jordan."
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News
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Commission endorses positive preliminary assessment of the second payment request of €336 million to Latvia under the Recovery and Resilience Facility
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The payment request covers important steps in the delivery of 23 reforms and 20 investments that will drive positive change for citizens and businesses in Latvia in the areas of higher education, digitalisation, healthcare, affordable housing, energy efficiency, clean mobility, customs and tax compliance.
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Commission disburses the first payment of €6.3 billion to Poland and the fourth payment of €162.5 million to Croatia under the Recovery and Resilience Facility
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On 15 April, the Commission disbursed to Poland the first payment for €6.3 billion (net of pre-financing) with €3.6 billion in loans and in €2.7 billion grants under the Recovery and Resilience Facility (RRF). On the same day, the fourth payment for €162.5 million in grants (excluding pre-financing) was disbursed to Croatia.
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Commission receives Greece´s fourth payment request and Croatia's fifth payment request under the Recovery and Resilience Facility
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On 15 April, the Commission received Croatia's fifth payment request for €821,7 million (net of pre-financing) with €555.7 million in grants and €266 million in loans. On 17 April, Greece's fourth payment request for €2.3 billion (net of pre-financing) in loans was received.
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Commission endorses Ukraine Plan, paving the way for regular payments under the Ukraine Facility
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On 15 April, the Commission adopted a proposal for a Council Implementing Decision that assesses positively the Ukraine Plan, Ukraine's comprehensive reform and investment strategy for the next four years. This important step paves the way for regular and predictable support to Ukraine under the EU's up to €50 billion Ukraine Facility.
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Partnership Agreement with Bulgaria for the organisation of information and communication campaigns on the euro changeover signed
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On 12 April, the European Commission and Bulgaria signed a Partnership Agreement for the organisation of information and communication campaigns on the changeover to the euro in Bulgaria. This is part of the preparatory steps for Bulgaria to join the euro area.
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InvestEU and European Investment Fund support sustainable agri-food investments with €40 million
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The European Investment Fund (EIF), backed by the InvestEU programme, is committing €40 million to an INOKS Capital-run investment fund for sustainable food systems. The fund has a target size of between €150 million and €300 million.
It aims to enhance sustainable food production and consumption, particularly in eastern and southern EU countries.
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Speeches
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Speech by Executive Vice-President Dombrovskis at ECOFIN press conference
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With the Ukraine Facility now operational, the Commission has made the first payment of €4.5 billion of exceptional bridge financing to Ukraine. This represents a lifeline from the EU at an extremely difficult time to help Ukraine maintain key public services and ensure the functioning of the state as Russia pursues its brutal war.
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Remarks by Commissioner Gentiloni at the Eurogroup press conference
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We are all aware that the euro area has benefitted from its strong integration in the global economy. We are still convinced that external trade and investment are helping to boost productivity and living standards. The euro area needs to navigate the trade-offs between supporting productivity and improving economic security.
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Keynote by Executive Vice-President Dombrovskis at the RRF and European Strategic Investments and Reforms event
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NextGenerationEU has steered the EU through several crises, from the pandemic to high energy prices. The reforms & investments under the RRF are leading to positive change on the ground. We now need to press ahead with implementation by end-2026.
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Keynote by Commissioner Gentiloni at the RRF and European Strategic Investments and Reforms event
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In this first half of its lifetime, we have seen the merits of the Recovery & Resilience Facility as well as what could be improved[...] We must continue to work all together to make a success of this unique opportunity.
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Events and notices
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Replay Recovery and Resilience Facility (RRF) and European Strategic Investments and Reforms event
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If you missed the livestream for the Recovery and Resilience Facility (RRF) and European Strategic Investments and Reforms event on 9 April, you can now replay the full event or some individual sessions on its website.
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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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Publications
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