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Greece was among the first four EU Member States to submit its national recovery and resilience plan (NRRP) in April 2021. Since then, Greece has modified its plan in December 2023, adding a REPowerEU chapter and expanding its loan programme, and in July and December 2024, introducing smaller targeted revisions. The Greek plan now envisages investment and reforms worth 鈧�35.9 billion, to be implemented up to 2026; 鈧�18.2 billion will be financed from non-repayable financial support (grants), while ...

Sweden's national recovery and resilience plan (NRRP) is financed by the EU Recovery and Resilience Facility (RRF). The NRRP's total volume increased from an initial 鈧�3 289 million to 鈧�3 502 million in the revised version. The total amount of funds under the RRF was revised in June 2022, which reduced the final amount allocated to Sweden to 鈧�3 181 million. Adding to this its REPowerEU grant allocation of 鈧�198 million and the requested transfer of 鈧�66 million of its share of the Brexit Adjustment ...

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 鈥� the EU and its Member States collectively 鈥� 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 ...

The European Union's defence industry requires a major increase in private investment due to the evolving geopolitical landscape. The emergence of new EU defence exchange-traded funds (ETFs) that hold shares in the underlying companies could encourage this investment and provide EU defence firms with dearly needed capital.

Germany was originally entitled to a maximum financial contribution of 鈧�25.6 billion in grants from the Recovery and Resilience Facility (RRF), the unprecedented EU response to the crisis triggered by the coronavirus pandemic. The national recovery and resilience plan (NRRP) for Germany does not include requests for loans. Following the latest amendment of the German NRRP in July 2024, which added a REPowerEU chapter, the EU resources devoted to the plan reached 鈧�30.3 billion. This amount corresponds ...

Under the Recovery and Resilience Facility (RRF), Czechia's national recovery and resilience plan (NRRP) had an initial value of 鈧�7 036 million in grants only. In June 2022, its initial RRF grant allocation was revised upwards to 鈧�7 673.7 million (+ 9.1 %). In June 2023, Czechia submitted a request to modify its NRRP. The amended plan totals 鈧�9 231.3 million and now includes a REPowerEU chapter with an additional grant allocation of 鈧�680.5 million. Czechia also requested to transfer its remaining ...

On 29 January 2025, the Commission presented a 'competitiveness compass', an economic framework to guide its work in the coming years. Grounded in the key role of productivity in financing the EU's competitiveness ambitions, the compass is about simplifying legislation, pooling private and public investment in key technologies and mitigating foreign dependencies in order to unleash EU innovation. To this end, the Commission intends to issue up to 47 legislative and non-legislative proposals by the ...

This study examines the evolution and the current status of the implementation of synergies between Horizon Europe and the Cohesion Policy funds for research and innovation activities. It provides insights into the main barriers and drivers for the uptake of these synergies, along with possible pathways forward to achieve greater innovation outcomes. This document was provided by the Policy Department for Economic, Scientific and Quality of Life Policies at the request of the Committee on Industry ...

This study examines the implications of future enlargements for the next MFF. It reviews adjustments made to the EU budget during past enlargements and estimates the budgetary costs of the accession of all current candidate and potential candidate countries (excluding T眉rkiye) under three alternative scenarios which distinguish between the number of enlargement countries and the timing of enlargement. It then provides policy recommendations for adapting the next MFF to enlargement. The study was ...

For the European Union to compete globally while continuing to ensure progress in environmental, social and fundamental rights, more strategic and collective action is imperative. In a world where some leading global businesses have a market capitalisation of more than 鈧�3 trillion, an integrated economic, financial and fiscal policy framework is needed to encourage innovation and growth, including for successful SMEs. As the recent Letta and Draghi reports highlight, this requires clear political ...