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Top story
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The second part of the European Semester Autumn Package addresses socio-economic challenges for 2025
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The European Commission unveiled the European Semester Autumn Package. The first part, presented on 26 November 2024, marked the first launch of the implementation cycle under the new economic governance framework. This second instalment on 28 December 2024, included the Commission's proposal for a recommendation on the economic policy of the euro area for 2025, the 2025 Alert Mechanism Report, and the Commission's proposal for the 2025 Joint Employment Report.
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Viewpoint
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Valdis Dombrovskis, Commissioner for Economy and Productivity; Implementation and Simplification
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“The EU is confronted with serious structural challenges which threaten our long-term prosperity. Urgent action is needed. Today, we are providing clear policy guidance to support Member States preserve macroeconomic stability while promoting growth, fiscal sustainability and improve their competitiveness.”
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News
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NextGenerationEU reaches €300 billion in RRF payments with new disbursements to Czechia, Germany, Italy, Portugal, and Romania
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This important milestone reflects the scale of the transformative reforms and investments being carried out across EU Member States, accelerating the green and digital transitions while strengthening the Union's overall resilience.
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Commission disburses €9.4 billion to Poland under the Recovery and Resilience Facility
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Poland’s payment request covered 38 milestones and three targets. These included reforms and investments in the areas of healthcare, digitalisation, spatial planning, and the labour market. Energy efficiency, air quality and clean mobility were also among the areas included.
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Commission receives Slovakia's fifth payment request for €516.8 million under the Recovery and Resilience Facility
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Slovakia's payment request concerns 15 milestones and six targets. It covers reforms that support decarbonisation of power generation, uptake of hydrogen technologies, public passenger transport, land planning, eGovernment, long term social and healthcare systems, desegregation of schools, and funding of universities.
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Commission disburses the third payment of €463 million to Lithuania under the Recovery and Resilience Facility
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Lithuania’s payment request covered 25 milestones and 3 targets. They included investments in new electricity storage facilities and important reforms, such as ensuring a more efficient provision of ambulance services, updating education programmes, improving the investment environment for renewable energy developers and tax collection.
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Commission disburses first €3 billion to Ukraine of its part of the G7 loan, to be repaid with proceeds from immobilised Russian assets
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The first tranche of an exceptional Macro-Financial Assistance package of up to €18.1 billion will help Ukraine maintain macroeconomic and fiscal stability, rebuild infrastructure, and invest in defence infrastructure.
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Speeches
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Remarks by Commissioner Dombrovskis at the ECOFIN press conference
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By the end of last year, RRF disbursements crossed the threshold of €300 billion. With €306.1 billion disbursed, we are now close to half, or 47% to be precise, of the total amount of support committed under the RRF. As we enter the final two years of the RRF, it becomes even more crucial that Member States continue to focus on fully implementing their recovery and resilience plans.
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Events and notices
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Save the date! The Brussels Economic Forum is back – 22 May 2025
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Save the date – 22 May 2025
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On 22 May 2025, the Brussels Economic Forum (BEF) returns for its 25th edition! Join us in Brussels or online to celebrate this anniversary with a day of debates and networking.
Stay tuned for more information on speakers, agenda, and registration details.
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Publications
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