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The European Parliament started monitoring future shocks during the coronavirus crisis, and has continued to do so during Russia's unprecedented war on Ukraine. The annual 'Future Shocks' series reviews global risks, with a focus on specific risks and the capabilities and resilience of the EU system in the face of multiple challenges. It seeks to provide up-to-date, objective and authoritative information on these risks, based on risk literature from a broad range of sources. 'Future Shocks' includes ...

On 11 December 2013, following 18 months of trilogue negotiations between the European Parliament, the Commission and the Council, MEPs endorsed a compromise on the EU’s external financial instruments. With a total value of approximately EUR 51 billion, the new external financial instruments – which include the Instrument for Pre-Accession Assistance, the European Neighbourhood Instrument, the Instrument for Stability and Peace, the European Instrument for Democracy and Human Rights, the Instrument ...