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Mario Draghi's government wrote the Next Generation EU's plan for Italy. The PNRR allocates its resources to 16 specific components grouped in 6 missions, with the aim of implementing investments, projects, and structural reforms to achieve the objectives foreseen by the NGEU agreement.
During the COVID-19 pandemic, they were among the main proponents of Next Generation EU. [304] In November 2020, commenting on the relation with his Spanish counterpart, Conte stated: "With my friend Sánchez, we have reaffirmed the alliance between our countries, as well as a common view on the main European and international issues.
In July 2022, in the context of the Russian invasion of Ukraine, the Polish government signed an agreement to acquire 1000 K2PL Black Panther tanks for the "Wilk" (Wolf) Program and announced cooperation with South Korea on next generation K3 tank, [30] and due to the MGCS project schedules and planned implementations, Poland decided not to ...
The European Parliament has an equal role to the Council of the EU in the ordinary legislative procedure, which is usually used in decision-making process at the EU level. [ 33 ] Each committee elects its chair and vice chairs to lead the work of the committee.
The EU budget for the 2021–2027 period has expenditures of €1,074.3 billion. [3] It goes together with the Next Generation EU recovery package of €750 billion in grants and loans over the period 2021–2024 to meet the unparalleled economic challenge of the COVID-19 pandemic. [22]
BRUSSELS (Reuters) -U.S. investment firm KKR secured unconditional EU antitrust approval on Thursday for its 22-billion-euro ($24 billion) acquisition of Telecom Italia's (TIM) fixed-line network.
[5] [6] Initially agreed to in July, the Next Generation EU fund, consisting of 750 billion EUR in grants and loans, was held up when Poland and Hungary vetoed the European Union's proposed seven-year budget, as they both opposed how the distribution of funds was conditional upon respecting the rule of law.
The EU has a long-term budget, named Multiannual Financial Framework (MFF), of €1,082.5 billion for the period 2014–2020, representing 1.02% of the EU-28's GNI. [51]The overall budget for the period 2021-2027 is of €1.8 trillion combining the MFF of €1,074.3 billion with an extraordinary recovery fund of €750 billion, known as Next Generation EU, to support member states hit by the ...