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European Commission disburses first tranche of the new €1 billion macro-financial assistance for Ukraine

The European Commission, on behalf of the EU, has today disbursed the first half (€500 million) of a new €1 billion macro-financial assistance (MFA) operation for Ukraine. The second tranche (another €500 million) was disbursed on 2 August. The decision about this new exceptional MFA was adopted by the European Parliament and the Council on […]

Winter 2022 Economic Forecast: Growth expected to regain traction after winter slowdown

The Winter 2022 Economic Forecast projects that, following a notable expansion by 5.3% in 2021, the EU economy will grow by 4.0% in 2022 and 2.8% in 2023. Growth in the eurozone is also expected at 4.0% in 2022, moderating to 2.7% in 2023. The EU as a whole reached its pre-pandemic level of GDP […]

EU Taxonomy: Commission presents Complementary Climate Delegated Act to accelerate decarbonization

The European Commission has presented a Taxonomy Complementary Climate Delegated Act on climate change mitigation and adaptation covering certain gas and nuclear activities. The College of Commissioners reached a political agreement on the text, which will be formally adopted once translations are available in all EU languages. A great deal of private investment is needed […]

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