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Cuts in US development assistance

At a Glance 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 ...

Europe must swiftly address huge challenges, in the face of a rapidly shifting geopolitical landscape and major fiscal policy changes. With an increasingly protectionist United States (US) on one side and China becoming an ever-more direct competitor across industries on the other, Europe's economic future is fraught with uncertainty. In these testing times, the Next Generation EU (NGEU) recovery instrument, which has contributed to the EU economy's swift rebound from the COVID-19 crisis, is expected ...

The current economic context is a story of contrasts: the labour market continues to exceed expectations, with record employment, while inflation is nearing the 2 % target; meanwhile, subdued growth momentum is fuelling concern over the sustainability of high public debt. Despite extremely challenging circumstances, the EU economy achieved an anticipated soft landing, not least thanks to fiscal support measures at national and EU level. However, factors weighing on economic growth, estimated at 1.5 ...

European Ϸվ: Facts and figures

Briefing 22-11-2024

This briefing, published by the European Ϸվary Research Service, aims to provide a broad range of key facts and figures about the European Ϸվ. Its many graphics offer a picture of the Ϸվ's Members and the institution's structures and activity in the current parliamentary term (July 2024 to June 2029) and in previous five-year terms since direct elections were introduced in June 1979.

EU Member States now have less than 2 years to complete their Next Generation EU (NGEU) investment and reform plans, with implementation advancing at varying rates across the EU. Some countries need to strengthen their administrative capacity to manage the investments. While NGEU offers significant support for the green and digital transitions, the recent Draghi Report on EU competitiveness stresses the need to invest more in strategic Sectors such as energy. As EU businesses face higher energy costs ...

The June 2024 European elections were just the first step in a broader renewal of the leadership of all the European Union's main institutions. This revised timeline, following the decision of the Conference of Presidents of Ϸվ's political groups to hold the election of the Commission President on 18 July 2024, sets out the main steps up until the end of 2024, with likely timings.

The European Union's economic outlook for 2024 reflects cautious optimism, with gross domestic product (GDP) growth estimated at 1.0 % for the EU and 0.8 % for the euro area. As inflation is projected to continue declining towards the European Central Bank's 2 % target by 2025, a soft landing is within reach. Near-term growth is mainly driven by real wages and private consumption, while high interest rates keep private investment sluggish. This marks a slight improvement from the previous forecast ...

What rules will apply to the 2024 European elections? As the rules differ from Member State to Member State, this infographic provides information on various key provisions applicable in the forthcoming European elections (to be held in June 2024). In a one-page format, readers will find information on the election day in each country, the voting systems used and the number of MEPs to be elected in each Member State, and the minimum age to stand as a candidate, as well as on rules governing voting ...

European Ϸվ: Facts and figures

Briefing 19-04-2024

This briefing, published by the European Ϸվary Research Service, aims to provide a broad range of key facts and figures about the European Ϸվ. Its many graphics offer a picture of the Ϸվ's Members and the institution's structures and activity in the current parliamentary term (July 2019 to June 2024) and in previous five-year terms since direct elections were introduced in June 1979.

After showing unexpectedly strong economic resilience in the face of the pandemic and the energy price shock triggered by Russia’s war in Ukraine, Europe is bracing for an uncertain soft landing. The latest economic forecast points towards weakening growth. Real GDP growth is expected to be 0.6 % in both the EU and the euro area in 2023, having been revised downwards for the second time this year. This is partly explained by a heavier toll from monetary policy tightening than expected, alongside ...