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This infographic provides an insight into the economic performance of Mexico compared to the EU, and looks at the trade dynamics between them. Mexico’s GDP per capita, unemployment rate, female labour force participation, and FDI have remained relatively stable since 2006, with slight increases, whereas remittances have increased more markedly. EU trade with Mexico has increased significantly since 2006, most notably trade in goods. This is dominated by trade in mechanical appliances and electrical ...

Hours before the Beijing Winter Olympics officially opened on 4 February 2022, Chinese President Xi Jinping had a long meeting with Russian President Putin. In the joint statement issued after the meeting – which referred to the bilateral relationship as a 'no-limits friendship' – the Chinese leader for the first time voiced his country's outright opposition to NATO enlargement and support for Russia's 'proposals to create long-term legally binding security guarantees' in Europe. It remains, however ...

EU support for the implementation of Slovenia's National Recovery and Resilience Plan (NRRP) amounts to €2 482.3 million, and includes €1 776.9 million in grants and €705.4 million in loans. This amount should be committed by the end of 2023, and paid out to Slovenia by the end of 2026. While the overall allocation represents only 0.3 % of the total Recovery and Resilience Facility (RRF), it stood at 5.1 % of the country's gross domestic product (GDP) in 2019 (the RRF being 5.2 % of EU-27 GDP in ...

In absolute figures, Cyprus's National Recovery and Resilience Plan amounts to €1.2 billion. Cyprus decided to use its allocation under the Recovery and Resilience Facility (RRF) predominantly in grants (€1.005 billion), with €200.3 million in loans. These resources represent around 0.2 % of the entire RRF, but are equal to 5.2 % of the country's gross domestic product (GDP) in 2019 (the RRF being 5.2 % of EU-27 GDP in 2019). They will underpin a vast programme of reforms and investments that aims ...

Monthly highlights April 2023

Kratki prikaz 27-04-2023

This infographic showcases major economic indicators for the six Western Balkan (WB) countries that are at various stages on the path towards the EU. All six exhibit a relatively consistent rise in GDP per capita, and they also show similar trends in falling unemployment rates. The female labour force participation rate hovers around 50 % (except for Bosnia and Herzegovina and North Macedonia, with lower rates), similar to the EU. EU trade in goods (imports and exports) with the Western Balkans has ...

Before the pandemic, the Greek economy was just getting back onto a positive path, following reforms implemented under the macroeconomic adjustment programmes. Greece was among the first four countries to submit its national recovery and resilience plan (NRRP) in April 2021. The plan envisages investment and reforms totalling €30.5 billion, to be implemented up to 2026; €17.8 billion will be financed from non-repayable financial support (grants), and €12.7 billion – the maximum possible allocation ...

Latvia's National Recovery and Resilience Plan (NRRP) sets out the package of reforms and investment measures designed by the country in the context of the European Union (EU) response to the crisis triggered by the coronavirus pandemic. Latvia has decided to use only the grant allocation, initially €1 826 million, under the Recovery and Resilience Facility (RRF). These resources represent 0.3 % of the entire RRF, equal to 6 % of the country's gross domestic product (GDP) in 2019 (the RRF being 5.2 ...

Malta's National Recovery and Resilience Plan (NRRP) has a total value of €344.9 million. However, under the EU's Recovery and Resilience Facility (RRF), which is at the core of the Next Generation EU (NGEU) instrument, Malta was expected to receive around €316.4 million, slightly below the value of the NRRP, entirely in grants. On 30 June 2022, the European Commission recalculated the maximum grant amounts for all Member States; this resulted in a cut for Malta and a new total of €258.3 million. ...

On 6 July 2021, the Council approved Slovakia's National Recovery and Resilience Plan (NRRP, Plán obnovy) and allocated €6 328.6 million in grants for its implementation. The allocation covers almost entirely the total cost of the plan, which stands at €6 575 million. In June 2022, Slovakia's grant allocation was revised downwards to €6 007.3 million ( 5.1 %). However, thanks to the February 2023 agreement enabling Member States to add REPowerEU chapters to their plans, Slovakia's envelope will be ...