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Portugal wants €750 trillion EU bazooka fund available before August

The Portuguese EU Council presidency is working so that the process of releasing the €750 billion from the EU’s post-pandemic Recovery Fund can be shortened by at least one month. Minister of Foreign Affairs Augusto Santos Silva indicated the revised timeline on Tuesday (28 April) at the Commission of Economy, Innovation, Public Works and Housing of the Portuguese Parliament. The minister defended his view that the deadlines for analysis and approval, either by the European Commission or the Council, should be shortened to July. Portugal’s top diplomat recalled that a meeting of ECOFIN is scheduled for 18 June to analyse a first package of national plans.

An extremely constructive vision of the future of migration policies

© Europese Unie 2015, Europees Parlement The European Union Ministers for Foreign Affairs and for Home Affairs had an “extremely constructive” joint meeting today, allowing them to trust in advances in the new Pact on Migration and Asylum. After the meeting, the Portuguese Minister for Home Affairs, Eduardo Cabrita, who co-chaired this video conference from Brussels, pointed out that six years ago there were no meetings in this format, assembling 54 ministers and the European Commission. This “jumbo” meeting - the name given to EU councils that bring together Ministers with different portfolios - should be held regularly, “preferably on an annual basis”, according to Eduardo Cabrita.

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