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This paper presents findings from the Recovery and Resilience Facility (RRF) midterm evaluation, with a particular focus on assessments from various stakeholders regarding its setup and initial implementation. It also builds on the latest activities and assessments by previously published papers summarizing the stakeholders views at the EU, national, regional, and local levels in connection with the national Recovery and Resilience Plans. Additionally, it offers a collection of the most recent opinions ...

Executive Vice-President Dombrovskis and Commissioner Gentiloni are invited to the 15th Recovery and Resilience Dialogue (RRD) under the Recovery and Resilience Facility (RRF) Regulation. The previous RRD took place on 5 February 2024. This briefing comments on the Commission’s RRF midterm review in section 1, focuses on some of the Commission’s recent preliminary assessments related to payment requests submitted by Czechia, Denmark, and Malta in section 2, summarises the state of play of the implementation ...

Le 10 février 2024, le Conseil et le Parlement sont parvenus à un accord provisoire sur un nouveau cadre de gouvernance économique pour l’Union, visant à trouver un équilibre entre la soutenabilité de la dette nationale et une croissance durable et inclusive dans tous les États membres. Le Parlement procédera au vote sur les textes finaux lors de la période de session d’avril II 2024.

Le Parlement devrait voter sur les accords provisoires sur des modifications à apporter à la directive sur les exigences de fonds propres (CRD) et au règlement sur les exigences de fonds propres (CRR) lors de la session plénière d’avril II. La CRD et le CRR mettent en place le cadre prudentiel du corpus réglementaire unique bancaire de l’Union. En 2021, la Commission a présenté un ensemble de deux propositions étroitement liées visant à modifier le CRR et la CRD. L’objectif de cet ensemble de propositions ...

EU support for the implementation of Slovenia's modified national recovery and resilience plan (NRRP) amounts to €2 685.3 million, and includes €1 612.9 million in grants and €1 072.4 million in loans. This amount is by €203.3 million higher than that initially approved and takes into account a June 2022 update of the maximum financial contribution form the Recovery and Resilience Facility (RRF), additional loans requested by Slovenia, and non-repayable allocation for REPowerEU made available in ...

The special European Council meeting on 17-18 April will be an important step towards agreeing on the EU's political priorities for the 2024-2029 period. The three main priorities are likely to centre on 'a strong and secure Europe', 'a prosperous and competitive Europe' and 'a free and democratic Europe'. EU leaders are also expected to adopt lengthy conclusions related to competitiveness, notably addressing the single market and the capital markets union. They will also address the war in Ukraine ...

In absolute figures, Italy's national recovery and resilience plan (NRRP) is the largest national plan under the ground-breaking Next Generation EU (NGEU) instrument. In December 2023, a revision brought about various changes to the plan: it is now endowed with EU resources worth €194.4 billion in grants and loans, representing 26.1 % of the Recovery and Resilience Facility (RRF), or 10.8 % of the country's gross domestic product (GDP) in 2019 (the RRF being 5.2 % of EU 27 GDP in 2019). A slight ...

At the March European Council meeting, discussions focussed on the war in Ukraine, security and defence, the Middle East and enlargement. With a new sense of urgency, EU leaders reiterated their steadfast support for Ukraine, calling on the Council to rapidly adopt an eighth support package for Ukraine. Regarding security and defence, they agreed on the need to increase defence readiness and boost the defence industry, but did not agree on ways of promoting the defence sector. On the Middle East, ...

Since mid-November 2023, the Iran-backed Houthi militia, which controls large parts of Yemen, has attacked numerous Western commercial ships near the Bab el-Mandeb Strait in the Red Sea. In response, major shipping companies have temporarily suspended Suez transits and diverted their trade. This diversion coincides with decreasing freight in another maritime chokepoint, the Panama Canal, provoked by lowered water levels. Rounding South Africa via the Cape of Good Hope is the shortest alternative ...

This EPRS publication, 'Key issues in the European Council', which is updated every quarter to coincide with European Council meetings, seeks to provide an overview of the institution's activities on major EU issues. It analyses 12 broad policy areas, explaining the legal and political background, the main priorities and orientations defined by the European Council and the results of its involvement to date, as well as some of the future challenges in each policy field.