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Top story
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European Commission unveiled the White Paper for European Defence – Readiness 2030
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While the Readiness 2030 package strengthens pan-European defence capabilities with new financial means, the White Paper for European Defence – Readiness 2030 frames a new approach to defence and identifies investment needs. The measures aim to respond to the short-term urgency of supporting Ukraine, but also to address the pressing long-term need to boost Europe's security and defence.
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Viewpoint
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Valdis Dombrovskis, Commissioner for Economy and Productivity; Implementation and Simplification
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“The world has changed, and Europe must change with it. Our security and prosperity are interlinked. Readiness 2030 is our plan to strengthen both. Today, we are proposing to activate the national escape clause as a temporary, coordinated and targeted measure to boost defence investments at national and EU levels.”
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News
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European Commission delivers a further €1 billion to Ukraine under its part of the G7 loan
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The European Commission has disbursed an additional €1 billion tranche of its exceptional Macro-Financial Assistance (MFA) loan to Ukraine, to be repaid with proceeds from immobilised Russian State assets in the EU, reinforcing the EU's role as the largest donor since the beginning of Russia's war against Ukraine. This MFA is crucial for addressing Ukraine's urgent budgetary needs.
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European Commission endorses partially positive preliminary assessment of Romania's third payment request under NextGenerationEU
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Romania has achieved 68 out of the reported 74 milestones and targets as part of the third payment request under the Recovery and Resilience Facility, including a special tax regime for micro businesses.
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European Commission issued a positive assessment of Greece's €3.13 billion payment request under NextGenerationEU
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Greece’s fifth payment request is tied to the implementation of 14 reforms, such as speeding up justice, improving VAT, improving waste and water management, and 17 investments, including in affordable and energy efficient housing, electricity networks, green industry sites, reforestation and firefighting, and wastewater projects.
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European Commission disbursed €122 million to Estonia under NextGenerationEU
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Estonia's third payment request includes 13 milestones and 5 targets, such as promoting sustainable transport, reducing the gender pay gap, and enhancing health system resilience.
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European Commission issued a positive assessment of Latvia's €293 million payment request under NextGenerationEU
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Latvia's third payment request follows progress made on 14 reforms and 24 investments that will drive positive change for citizens and businesses in Latvia in areas such as digitalisation, health, affordable housing, energy efficiency, customs and tax compliance.
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Events and notices
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Save the date: 2nd InvestEU High Level Event on 12 May 2025
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Empowering a Competitive Union: from InvestEU to the European Competitiveness Fund - The event will give an outlook on the future European Competitiveness Fund and how InvestEU can play a role therein.
It will highlight InvestEU’s investments in innovation, decarbonisation and the social sector.
The high-level event brings together InvestEU implementing partners, beneficiaries, private investors, policy makers and the wider stakeholder community.
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Register now! Brussels Economic Forum – 22 May 2025
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Join high-level speakers for a day of networking opportunities and insightful discussions on how Europe can secure its economy in a turbulent world.
There is a limited number of seats available for in-person attendance. Register now to ensure your place!
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Publications
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