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Top story
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President von der Leyen proposes ReArm Europe plan
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The set of proposals focuses on how to use all the financial levers at the disposal to help Member States to quickly and significantly increase expenditures in defence capabilities. ReArm Europe could mobilise close to EUR 800 billion for a safe and resilient Europe.
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News
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Main results from the Economic and Financial Affairs Council on 11 March 2025
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The Council meeting was preceded by an informal ministerial discussion on the defence expenditure and their treatment in the economic governance framework. The Commission presented the two first ‘Omnibus packages’, adopted on 26 February 2025, on sustainability and investment simplification. Furthermore, Ministers exchanged views on the economic and financial impact of Russia’s aggression against Ukraine and approved the modified recovery and resilience plans of Belgium and Ireland.
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Main results from the Eurogroup meeting on 10 March 2025
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The Eurogroup took stock of the macroeconomic developments and prospects in the euro area and exchanged views on fiscal policy coordination. A debrief on the G7 meeting of finance ministers and central bank governors in Cape Town, developments in crypto-asset activities and markets, and the preparation of the March Euro Summit were also on the agenda.
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Commission simplifies rules on sustainability and EU investments, delivering over €6 billion in administrative relief
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The European Commission has adopted a new package of proposals to simplify EU rules, boost competitiveness, and unlock additional investment capacity. This is a major step forward in creating a more favourable business environment to help EU companies grow, innovate, and create quality jobs.
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Speeches
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Remarks by Commissioner Dombrovskis at the ECOFIN press conference
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“There was a broad support for a coordinated activation of the national escape clause.
Many Member States emphasised that activation should be targeted and temporary.
It should allow Member States to transition to a structurally higher level of defence expenditure, while having fiscal sustainability considerations in mind.”
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Events and notices
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Youth Policy Dialogue with Commissioner Dombrovskis took place on 4 March 2025
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On 4 March, Commissioner Valdis Dombrovskis met with young Europeans from all over EU to discuss topics what matters the most for youth, such as competitiveness, investment and sustainability; global order and economic security; digital euro; and implementation and simplification.
Check out the event webpage to see the main takeaways and photos from this lively debate.
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Save the date! The Brussels Economic Forum is back – 22 May 2025
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On 22 May 2025, the Brussels Economic Forum (BEF) returns for its 25th edition! This year’s BEF will focus on how to navigate a turbulent world to secure Europe’s economy.
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
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Assessing Design Principles and Possible Impacts of an In-Work Benefit Scheme in Greece
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The paper examines the potential benefits and challenges of a possible in-work benefit scheme in Greece.
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