EU Recovery Fund Approval in Germany Halted

By admin 26 Μαρτίου 2021 No comment

The German Bundestag. Photo source: bundestag.de Approval of a 750-billion-euro EU Covid-19 recovery fund, part of a 1.8-trillion-euro budget up to 2027 agreed by the EU’s 27 states last year, was temporarily blocked on Friday after German lawmakers had ratified it earlier. Hours after the lower and upper houses of parliament approved the fund, the […]

Green Light for EU’s €672.5bn Recovery and Resilience Tool

By admin 15 Φεβρουαρίου 2021 No comment

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The European Parliament approved last week the EU’s recovery and resilience facility, paving the way for the release of 672.5 billion euros in funding to be allocated to member states to recover after the Covid-19 pandemic subsides with a focus on green and digital transitions. The regulation establishing the new facility will come into force […]

EU Covid-19 Recovery Funding to Go into Green and Digital Investments

By admin 18 Σεπτεμβρίου 2020 No comment

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Restarting European economies in the aftermath of Covid-19 on a more sustainable basis through the newly launched EU-wide recovery fund is the next step in addressing the repercussions of the health crisis, the European Commission said this week, presenting its strategy for 2021. The Commission presented its 2021 Annual Sustainable Growth Strategy which includes a […]

Covid-19 Recovery Plan Tops EU Leaders’ Meeting

By admin 19 Ιουνίου 2020 No comment

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Photo Source: @European Commission Reaching an agreement on a far-reaching Covid-19 recovery plan budgeted at 750 billion euros topped the agenda of an EU leaders meeting on Friday as the Union prepares to face the worst recession in its history. The virtual summit examined the Commission’s proposed coronavirus rescue fund dubbed “Next Generation EU” aimed […]