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The European Peace Facility (EPF) was created in March 2021 as a funding instrument aimed at enhancing the EU's ability to prevent conflicts, build and preserve peace, and strengthen international security and stability. The EPF rests on two pillars. The first is to fund EU military operations and missions under the common foreign and security policy. The second is to provide assistance to countries in the EU's eastern neighbourhood, the Middle East and Africa to strengthen security in their respective ...

Hosting a substantial portion of the world's poor and displaced populations, fragile countries and territories ('fragile contexts') are characterised by weak governance and vulnerability to crises, and often prone to conflict. This creates challenges for identifying complex power structures, accessing the persons most in need and implementing long-standing development solutions. In these contexts, the UN and OECD pushed for a shift towards integrated, context-sensitive responses that consider humanitarian ...

Ϸվ in EU external action

Briefing 01-04-2025

Based on its Treaties, the European Union (EU) has developed a multifaceted external action policy, and is seen as an important actor far beyond its borders. Through its institutions and Member States, the EU is active in international trade, humanitarian assistance, economic, financial, and technical and development cooperation, as well as through its common foreign and security policy (CFSP) and common security and defence policy (CSDP). Increasingly, the external dimension of internal EU policies ...

This paper examines the role and impact of Official Development Assistance (ODA) on human development outcomes, focusing on health, education and extreme poverty eradication. The aim is to consolidate existing knowledge on how ODA advances internationally agreed targets and to evaluate current trends in European Union (EU) development policy from the perspective of its contribution to human development. The paper finds that the current EU emphasis on resource mobilisation and private sector engagement ...

Cuts in US development assistance

Накратко 21-03-2025

On 20 January 2025, President Trump halted all US foreign aid pending a review. By 10 March, 83 % of USAID programmes had been terminated, creating a US$60 billion funding gap that neither Team Europe – the EU and its Member States collectively – nor other donors can fill, amid declining global official development assistance (ODA). This infographic uses OECD Development Assistant Committee (DAC) data on 2023 ODA commitments and disbursements. Commitments are pledged funds reflecting donor priorities ...

Commitments made at the confirmation hearings of the Commissioners-designate 2024-2029

This is the third edition of a study on the European Commission's follow-up to European Ϸվ requests as expressed in non-legislative resolutions based either on ordinary own-initiative reports (INIs) or on Article 225 TFEU legislative-initiative reports (INLs). Analysing the Commission's replies in formal follow-up documents (for INIs) and in letters in reply to legislative-initiative reports (INL), this joint DG PRES and DG EPRS project seeks to support the European Ϸվ's scrutiny ...

IMF Lending to Ukraine: State of Play and the Road Ahead

Задълбочен анализ 30-10-2024

This paper provides an overview of the International Monetary Fund (IMF)’s lending to Ukraine, particularly focusing on the IMF response to the Russia’s invasion of Ukraine since February 2022, given the challenging macroeconomic circumstances. If further analyses the key elements of the IMF’ Extended Fund Facility (EFF) programme for Ukraine, including the evolution of core assumptions, risks, fiscal sustainability and conditionality.

Multilateral development banks (MDBs) are supranational financial institutions that support developing countries to help them achieve various goals. While the support is primarily financial, many MDBs have accumulated a good deal of experience, which allows them to propose non financial services too, such as policy advice, capacity building, technical assistance and training. MDBs are a key element in the multilateral development system. This wide-ranging remit, as well as the fact that MDBs are ...

Jozef Síkela (Mayors and Independents Party, STAN) affiliated to the European People's Party (EPP), has served as the Czech minister for industry and trade since December 2021. In this position, his focus has been on reducing his country's reliance on Russian gas, developing the use of renewable energy sources and securing stakes in German and Dutch liquefied natural gas (LNG). Síkela has served in various banks, notably as the head of the Slovak Savings Bank and as board member of the Austrian Erste ...