The European Investment Bank: EUR 3.4 billion for new investment in business, innovation, agriculture and tourism
The Board of Directors of the European Investment Bank (EIB) approved a total of EUR 3.4 billion of new financing that will strengthen research and innovation and enable companies to expand and improve access to water, transport, and education. This will support new projects in 17 countries.…
Eastern Partnership celebrates 10-year anniversary at high-level conference in Brussels
On 14 May, President of the European Commission Jean-Claude Juncker hosted a high-level conference on the occasion of the 10th anniversary of the Eastern Partnership.
The conference brought together Heads of State or Government of the Eastern partner countries, foreign ministers of the EU Member…
Eastern Partnership foreign ministers gather in Brussels to mark 10th anniversary of the initiative
On 13 May, foreign ministers and representatives of Member States of the European Union, the High Representative of the Union for Foreign Affairs and Security Policy and the foreign ministers of the EU’s six Eastern partner countries met in Brussels to celebrate the 10th anniversary of the Eastern…
EU celebrates 10 years of the Eastern Partnership
On 13-14 May, the EU, Armenia, Azerbaijan, Belarus, Georgia, the Republic of Moldova and Ukraine will mark the 10th anniversary of the Eastern Partnership (EaP) with a number of events in Brussels. The events will provide the opportunity to celebrate a partnership that has proven to be mutually…
The European Bank for Reconstruction and Development: Economic growth is expected to track the global economy lower in 2019
The EBRD’s latest economic outlook has revised down predictions for 2019. It now expects average growth across the EBRD economies of 2.3 per cent, a 0.3 percentage point cut from the previous Novemberforecast, and compared with 3.4 per cent expansion in 2018. It forecasts a recovery to 2.6 per cent…
EU to facilitate financing for small businesses in Africa and the European Neighbourhood
The European Commission makes available €4.2 million under the External Investment Plan to help banks in Africa and the European Neighbourhood better assist underfinanced sectors. Commissioner for International Cooperation and Development, Neven Mimica, signed this support agreement last week in…
Europe remains the world's biggest development donor – €74.4 billion in 2018
The European Union and its Member States continued to be the world's leading provider of official development assistance in 2018 and stepped up their efforts directed at developing countries.
This was confirmed by the OECD's Development Assistance Committee (OECD-DAC) in their latest report on…
Sustainable development: The Council of the European Union adopts conclusions
The Council adopted a set of conclusions concerning the implementation by the EU of the United Nations' 2030 Agenda on Sustainable Development, which was established in 2015 and comprises a set of 17 Sustainable Development Goals (SDGs). Given the horizontal nature of the 2030 Agenda, its…
Natural gas: Parliament extends EU rules to pipelines from non-EU countries
To provide legal clarity for operators and competitive gas supply for all Europeans, MEPs approved new gas market rules to bring incoming pipelines under EU law.
MEPs adopted the following to all pipelines entering the EU from non-EU countries:
. Gas pipelines from non-EU countries will now be…
Eastern Partnership: promoting stronger digital economies for the EU’s six Eastern Partners
On 28 February, the Romanian Presidency of the Council of the European Union, together with the European Commission, hosted the 3rd Eastern Partnership Ministerial Meeting on the Digital Economy in Bucharest.
The event brought together EU ministers responsible for the digital economy and their…