In its proposal for a reinforced long-term budget, the Commission will increase the Common Agricultural Policy (CAP) by €9 billion (€4 billion for the CAP’s European Agricultural Guarantee Fund and €5 billion for the European Agricultural Fund for Rural Development) and the European Maritime and Fisheries Fund (EMFF) by €500 million. An additional €15 billion […]
As part of the revised long-term EU budget 2021-2027 package, the European Commission has proposed a budget of €118.2 billion for external action, with an additional €15.5 billion to support its partners in recovery efforts in the wake of COVID-19 pandemic, in line with the European Union’s role of a strong global actor. Another €1 […]
The Commission proposes today to give the European Union the tools to react more quickly when a serious cross-border emergency such as the coronavirus strikes and affects EU countries at the same time. To do so, rescEU – part of the European Union Civil Protection Mechanism – will be significantly reinforced with €2 billion over […]
The Commission has proposed a new, ambitious stand-alone health programme for the 2021-2027 period – the EU4Health Programme. EU4Health will make a significant contribution to the post-COVID-19 recovery by making the EU population healthier, improving the resilience of health systems, and promoting innovation in the health sector. It will fill the gaps revealed by the […]
As announced by President von der Leyen, the Commission is proposing a new REACT-EU initiative to increase cohesion support to Member States to make their economies more resilient and sustainable in the crisis repair phase. This will help to bridge the gap between first response measures and longer-term recovery. Programmes such as the European Social […]
As announced by European Commission President von der Leyen on 27 May 2020, the centrepiece of the recovery plan will be a new Recovery and Resilience Facility. The aim of the facility will be to support investments and reforms essential to a lasting recovery, to improve the economic and social resilience of the Member States, […]
The IMF is projecting a large-scale increase in debt all around the world because of the Covid-19 pandemic. Authorities had already spent about 9.5 percent of global GDP on fiscal measure to fight the virus, the Fund’s Director of the Fiscal Affairs Department, Vitor Gaspar said at the virtual press briefing of the Fiscal Monitor […]
The European Commission proposed to activate the European Union’s Emergency Support Instrument on 2 April to directly support the healthcare systems of the EU countries in their fight against the coronavirus pandemic. Today, the Council gave its fast approval, so that the €2.7 billion instrumentcan immediately begin providing direct support where most needed. The instrument […]
English
Arabic
Chinese (Simplified)
Dutch
French
German
Italian
Japanese
Korean
Portuguese
Russian
Spanish