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The second share of EU spending goes to regional development (34% for the period 2014–2020). EU funding for regional and social development is an important source for key investment projects. In some EU countries that have otherwise limited means, European funding finances up to 80% of public investment. [ 4 ]
The European Union's MFF for the period 2021-2027 is equipped with a budget of €1,074.3 billion in 2018 prices to address the EU's long-term priorities. [5] It goes together with the Next Generation EU recovery package ( NGEU ) of €750 billion in grants and loans over the period 2021–2024 to meet the unparalleled socio-economic challenge ...
ESF+ spending amounts to around 10% of the EU's total budget. The particular aim of ESF+ spending is to support the creation of more and better jobs in the EU, which it does by co-funding national, regional and local projects that improve the levels of employment, the quality of jobs, and the inclusiveness of the labour market in the member ...
Decisions on enlarging the EU and on a review of its long-term budget, which contains the 50 billion euros ($54.1 billion) in aid for the government in Kyiv, must be unanimous among all 27 member ...
The new proposals are designed to reinforce the strategic dimension of the policy and to ensure that EU investment is targeted on Europe's long-term goals for growth and jobs ("Europe 2020"). Through partnership contracts agreed with the commission, member states will commit to focussing on fewer investment priorities in line with these objectives.
A country investing in cross-border EU defence projects should be given more time to cut its public debt under EU fiscal rules, the head of the European Commission said on Thursday. The fiscal ...
Next Generation EU (NGEU) is a European Commission economic recovery package to support the EU member states to recover from the COVID-19 pandemic, in particular those that have been particularly hard hit. It is sometimes styled NextGenerationEU and Next Gen EU, and also called the European Union Recovery Instrument. [1]
The European Commission published a plan on 26 November 2008 responding to the current economic crisis in the 27 member countries of the Union. The plan combined short-term measures to stimulate demand and maintain jobs and longer-term measures to invest in strategic sectors, including research and innovation.