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The 13 overseas countries and territories (OCTs) of the European Union (EU) are islands associated with the EU and constitutionally linked to Denmark (Greenland), France (6 OCTs), and the Netherlands (6 OCTs), on which they depend to varying degrees as non-sovereign countries or territories. OCTs have been associated with the EU since the entry into force in 1958 of the Treaty of Rome. This association is enshrined in Articles 198 to 204 of the Treaty of the Functioning of the EU (TFEU). Its key ...

How value added tax (VAT) rates are levied on various goods and services has wide-ranging implications, including for the fiscal revenues of national and EU budgets and the prices consumers have to pay. This briefing examines how EU legislation shapes Member States' ability to set VAT rates. EU law establishes the framework within which Member States may apply different VAT rates, including the types of goods and services that can benefit from preferential rates. Such differentiation is used to pursue ...

On 16 July 2025, the European Commission put forward a proposal for a regulation establishing the European fund for economic, social and territorial cohesion, agriculture and rural, fisheries and maritime, prosperity and security for the period 2028-2034 ('the fund') as part of the extensive package on the next EU long-term budget – the 2028-2034 multiannual financial framework. The Commission argues that the proposal would bring about more flexibility, simplicity and better value for money, while ...

Under the Recovery and Resilience Facility (RRF), the EU response to the COVID-19 crisis, Bulgaria is set to receive €6 174.1 million in grants, including €479.3 million under REPowerEU and €6 million from the Brexit Adjustment Reserve. Any additional financing must be covered by national or private co-funding. Bulgaria's national recovery and resilience plan (NRRP) corresponds to 10.1 % of its 2019 gross domestic product (GDP) (the RRF amounts to 5.2 % of EU-27 2019 GDP), the eighth-highest share ...

Recent climate related disasters, health crises and security threats have highlighted the need to build a resilient Union, capable of anticipating and effectively managing future disasters and crises based on an all hazards approach. More comprehensive and integrated crisis management, requiring close and efficient cooperation between the EU and Member States, is essential for addressing complex and long lasting crises impacting several sectors simultaneously. To this end, and as part of the proposed ...

Global Europe instrument

Briefing 16-01-2026

The Commission's proposal for the 2028-2034 Global Europe instrument seeks to ensure a more strategic approach, in line with the objectives of the EU's internal policies – particularly migration control, while taking on board EU and partner countries' mutual interests. It deeply restructures the EU's external financing architecture, introducing a new system of geographic pillars, a global pillar, and a flexible 'cushion', while integrating several existing instruments ranging from development cooperation ...

Starting in 2026, the EU will address the future of the European emissions trading system (EU ETS). The existing ETS (ETS1) aims to reduce greenhouse gas emissions from industrial and energy installations, aircraft operators and maritime transport by setting a price on carbon through a cap-and-trade system, while a separate ETS for road transport, buildings and other sectors (ETS2) will start operating in 2028. The ETS1 succeeded in reducing the greenhouse gas (GHG) emissions of the covered sectors ...

The defence readiness roadmap 2030 translates the ambition of the 2025 white paper for European defence into concrete objectives intended to ensure that EU Member States can deter and respond to high-intensity threats by the end of the decade. It identifies persistent fragmentation, limited joint procurement and dependence on non-EU suppliers as key structural weaknesses, despite rising defence spending. Capability coalitions are designed to coordinate national investment in priority areas, and European ...

Kontrollikoda

ELi teabelehed 14-01-2026

Euroopa Kontrollikoda (edaspidi „kontrollikoda“) vastutab ELi rahaliste vahendite auditeerimise eest. ELi välisaudiitorina aitab kontrollikoda parandada ELi finantsjuhtimist ja tegutseb ELi kodanike finantshuvide sõltumatu kaitsjana.