Economic and Financial Affairs

The European Commission preliminarily concluded that the Netherlands and Denmark have fulfilled the milestones and targets required for these payments, financed under the Recovery and Resilience Facility, the key instrument of NextGenerationEU.

Cyprus' third payment request follows the implementation of nine reforms and seven investments in Cyprus, entailing tangible benefits for citizens and businesses in the fields of digitalisation, health, environment, energy, research, and connectivity.

Finland’s payment request is tied to the implementation of seven reforms and 17 investments, driving tangible benefits for citizens and businesses. These measures advance digitalisation, promote renewable energies and green transport, boost research and innovation, and expand opportunities in higher education by creating new student places.

The European Commission published a Communication on ‘The Road to the next Multiannual Financial Framework', outlining the key policy and budgetary challenges that will shape the design of the next Multiannual Financial Framework. This lays the groundwork for reflections on how to adapt the EU's long-term budget to evolving needs and priorities. The Commission also launched a public consultation inviting stakeholders and citizens to have their say on the future EU budget and the policies it should support.