Szukaj

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 ...

After showing unexpectedly strong economic resilience in the face of the pandemic and the energy price shock triggered by Russia’s war in Ukraine, Europe is bracing for an uncertain soft landing. The latest economic forecast points towards weakening growth. Real GDP growth is expected to be 0.6 % in both the EU and the euro area in 2023, having been revised downwards for the second time this year. This is partly explained by a heavier toll from monetary policy tightening than expected, alongside ...

After an unexpectedly strong economic recovery from the COVID-19 pandemic, the EU now faces the difficult task of bringing down inflation – mainly caused by sharp increases in energy and food prices in 2022 – while sustaining economic growth and investment in strategic areas such as the green and digital transitions. Economic growth in the EU has declined since mid-2022 and nearly stalled, while the euro area endured a mild technical recession. At the same time, in 2022, annual inflation in the EU ...

Next Generation EU (NGEU) is the unprecedented instrument created by the European Union (EU) to help Member States recover from the socio-economic impact of the COVID 19 crisis, while also addressing structural challenges such as the green and digital transition. Its main spending tool is the €723.8 billion Recovery and Resilience Facility (RRF) that finances ambitious packages of reform and investment measures agreed in the Member States' national recovery and resilience plans (NRRPs). Given the ...

Podczas drugiej sesji plenarnej w lutym Parlament Europejski ma przeanalizować wstępne porozumienie z Radą w sprawie zmiany rozporządzenia ustanawiającego Instrument na rzecz Odbudowy i Zwiększania Odporności (RRF). Jeżeli porozumienie to zostanie zatwierdzone, RRF stanie się głównym narzędziem finansowania planu REPowerEU Komisji Europejskiej, umożliwiającym państwom członkowskim finansowanie dodatkowych inwestycji i reform w dziedzinie energii w ramach ich planów odbudowy i zwiększania odporności ...

Offering an overview of the economic and budgetary situation in the European Union and beyond, and summarising the main economic indicators in the EU and euro area and their two-year trends, this study is the seventh in an annual series of 'Outlooks' produced by the European Parliamentary Research Service (EPRS). In seven chapters, the authors of the publication explain and analyse the annual EU budget and give an overview of its headings for 2023, all within the wider budgetary context of the EU's ...

The economic recovery from the COVID-19 pandemic in Europe was unexpectedly strong, supported by decisive fiscal and monetary policies and bolstered by significant progression in vaccination rates and a gradual easing of restrictions. On the back of the strong economic rebound, government debt ratios began to decline from record high levels reached in 2020, labour market conditions in Europe rebounded significantly and first signs of broad-based price increases became evident in mid 2021. The Russian ...

Komisja Budżetowa Parlamentu Europejskiego (BUDG) oraz Komisja Gospodarcza i Monetarna (ECON) popierają wykorzystanie Instrumentu na rzecz Odbudowy i Zwiększania Odporności (RRF) jako głównego narzędzia finansowania planu REPowerEU Komisji Europejskiej. Podczas pierwszej listopadowej sesji plenarnej Parlament ma przeprowadzić debatę i głosowanie nad wspólnym sprawozdaniem komisji BUDG i ECON, które zawiera różne zmiany proponowane do wniosku Komisji dotyczącego zmiany rozporządzenia w sprawie RRF ...

The European Union (EU) has an energy strategy focused on providing households and businesses with secure, sustainable, competitive and affordable energy. This will require a major transformation of Europe's energy system as well as massive investment. Alongside national funding, various EU instruments contribute to the financing of energy policy, which is central to efforts to decarbonise the European economy under the European Green Deal. The Recovery and Resilience Facility (RRF), the EU's ground-breaking ...

The Covid-19 pandemic was a severe blow to EU Member States. Thanks to rapid and resolute responses at Member State and EU level, the economic impact of the pandemic was less severe than initially forecast and – at least until early 2022 – the economy seemed on the way to recovery. New challenges, both external (such as Russia’s war on Ukraine) and internal (such as inflation) could jeopardise this, however. In its Spring 2022 Economic Forecasts, the European Commission has revised the EU’s growth ...