ECFIN E-news 308: Commission endorses positive preliminary assessment of Estonia's third payment request for €122.3 million under the Recovery and Resilience Facility
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  06 February 2025  
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Top story

Commission endorses positive preliminary assessment of Estonia's third payment request for €122.3 million under the Recovery and Resilience Facility

The European Commission has preliminarily concluded that Estonia has satisfactorily completed the 18 milestones and targets set out in the Council Implementing Decision for the third payment request. A wide range of reforms will drive positive change for citizens and businesses, incentivising the uptake of sustainable modes of transport and renewable energy, improving digital public services, reducing the gender pay gap and strengthening the resilience of the Estonian health system.

 
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News

An EU Compass to regain competitiveness and secure sustainable prosperity

The European Commission presented the Competitiveness Compass, the first major initiative of this mandate providing a strategic and clear framework to steer its work. The Compass sets a path for Europe to become the place where future technologies, services, and clean products are invented, manufactured, and put on the market, while being the first continent to become climate neutral.

 
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The EU-Jordan Strategic and Comprehensive Partnership

The Partnership focuses on supporting Jordan's stability amid extraordinary geopolitical challenges, advancing King Abdullah II's political, economic and administrative modernisation vision, and fostering economic resilience. It aims to promote sustainable growth by attracting investments in key sectors, including digital technology, green energy, sustainable tourism, mining, fertilizers, and pharmaceuticals. To support these goals, the EU is tabling a financial package for 2025-2027 worth €3 billion, which includes €1 billion in Macro-Financial Assistance.

 
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Events and notices

Save the date! The Brussels Economic Forum is back – 22 May 2025

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. The programme is now available online. More information on speakers and registration details will follow shortly.
 
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Publications

Investment Barriers to Sustainable Finance: How to Enable the Transition in G20 Economies

This paper identifies three key investment barriers - legislative, skills-related, and operational - and outlines potential policy measures and market-based solutions to address them.

 
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European Governments’ Fiscal Behaviour and Public Debt Holders: What Is the Financial Connection?

This paper provides an empirical analysis of the fiscal behaviour in the EU depending on home bias, i.e. the banks´ preference to hold domestic sovereign debt.

 
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This newsletter is published by the European Commission's Directorate General for Economic and Financial Affairs. The Directorate‑General for Economic and Financial Affairs is the Commission department responsible for EU policies promoting economic growth and recovery, higher employment, stable public finances and financial stability.

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