EU Economy and Finance

Apply now to join the #InvestEU Portal & EuroQuity ePitch session on 26 September! Don’t miss this great opportunity to pitch your project to investors. EuroQuity - Bpifrance

The people of Ukraine are fighting an atrocious war, but at the same time they need hospitals, schools, and electricity to keep the country running.     Today, we disbursed nearly €4.2 billion to support Ukraine's macro-financial stability and the functioning of its public administration.     Ukraine fulfilled nine reform indicators linked to this payment.     These reforms cover:  📊 Public financial management  🏢 Governance of state-owned enterprises (SOEs)  💼Business environment  ⚡ Energy   ⚠ Demining     The EU remains Ukraine's largest international donor, and will continue to support Ukraine for as long as it takes.     #StandWithUkraine

Today is International #YouthDay! 🙌 Do you know what the Recovery and Resilience Facility (RRF) has in store for young people? In total, Member States have dedicated around €67 billion to reforms and investments supporting children and youth in their national recovery and resilience plans. Measures cover a wide range of policy areas, including employment support, education at all levels, such as vocational education and training, and housing. 💡 Find out below how young people have benefitted from #NextGenerationEU ⬇ More information: https://europa.eu/!wtvvvf

Can you guess where this incredible structure is? 🤔 It's in Brussels! You're looking at the Atomium, a landmark monument originally built for the 1958 World's Fair, or Expo 58. In 2006, Belgium minted 5 million €2 commemorative coins featuring its image! Fascinating, isn’t it?  Today there are almost 150 billion euro coins in circulation and many of the €2 coins have special designs to commemorate important events, people or landmarks – just like the Atomium! 🎉 This year, the euro celebrates its 25th anniversary! Since its introduction, it has become the shared currency of 20 EU countries, serving over 340 million people within the European Union. 🔗 Learn more about euro coin designs on the ECB website: https://lnkd.in/efjTkst4 📸 Atomium in Brussels ©️ Source: NBB Museum / ECB / Photographer: Lieselot Van Peteghem #EUROat25

📞 Who you gonna call? Europe Direct! If you have any questions about the EU and its policies or some ideas to discuss, reach out to a Europe Direct centre. If you’re interested in studying abroad, exploring opportunities for you or your business, or perhaps learn even more about how EU democracy works, the professionals working in these centres are there to help you. With 424 centres across the EU, there's certainly a centre closer to you than you think! And the best thing: you can speak to them in any of the 24 official EU languages. You can call, write, or visit them. This is about bringing the EU closer to everyone, wherever they may be! #EuropeanUnion

The European Commission has today published a set of frequently asked questions (FAQs) to support stakeholders in the implementation of the EU corporate sustainability reporting rules. The publication is part of the Commission's continuous effort to make the EU sustainable finance framework more usable for companies and reduce the administrative burden on them. The FAQs take into account input received from companies and cover issues such as the scope of the rules, application dates, and exemptions. For example, they clarify when companies may use estimates rather than having to collect value chain information from suppliers or partners. Commissioner for Financial Services, Financial Stability and Capital Markets Union, Mairead McGuinness, said: “The EU has taken major steps in building a comprehensive sustainable finance framework over the past six years, encouraging companies to embark on their transition paths. Our focus now is to ensure that our tools are usable and effective, while continuing to reduce the administrative burden on companies. The FAQs provide important clarifications and will further reduce the need for companies to seek external legal or consultancy advice for applying the rules. Companies are working hard to be more sustainable, which helps strengthen their competitiveness in the medium term, and I aim to ensure that our framework assists them in that process”. Take a look at the FAQs here: https://lnkd.in/gcjEVGw6 

👍 🌈 💪 🩺 📱 🌱 #NextGenerationEU is more than a recovery plan. It is a once in a lifetime chance to design a Europe that works for everyone. Europe’s groundbreaking recovery instrument has disbursed €250 billion so far, supporting projects including: 🎓 +7.5 million young people between 15-29 receiving support for education, training and employment 🏥 +47 million people with access to new or modernised healthcare facilities 🌀 +9.8 million people better protected against natural disasters 👨💼 +2.8 million small, medium and large companies supported 🔋 34 million MWh/Year savings in annual primary energy consumption 🌐 +14.7 million homes or buildings with very high capacity internet Together, we are laying the foundations for the well-being of Europe's next generation. 📷 #NextGenerationEU in 🇸🇮, 🇱🇹, 🇬🇷 and 🇫🇮 ©️European Union, 2021 #EuropeanUnion

Under the #InvestEU umbrella, the European Commission and EBRD signed an agreement on a new facility, mobilising up to €100 million for critical raw materials investments. These raw materials are essential for the EU's digital and green transitions. ⛓ More details: https://europa.eu/!JVMQPB 💡 How does InvestEU drive growth, job creation and sustainable development? Watch the video to explore inspiring success stories shaping Europe's future. 👇

Save the date – 11 September 2024 📅 The Commission is hosting a roundtable event to exchange on the recently strengthened focus on the functioning of short-term debt markets, i.e. commercial paper and certificates of deposit, in the EU and globally.  The discussion will take place against the background of the objectives on the capital markets union (CMU), EU competitiveness and preservation of financial stability. It will bring together market participants across the entire spectrum: issuers, investors, broker-dealers, as well as platforms and post‑trade infrastructure operators. The event is intended to help us gather evidence and insight into the functioning of short-term debt markets, identify potential avenues for improvement, and understand the role policymakers can play in addressing shortcomings. More information and registration: https://lnkd.in/eWwcN_zy 

The upcoming #CBAM reporting deadline on 31/7 is a crucial one. It’s the last time you can use default values to determine the total embedded emissions of your imports. For more information: europa.eu/!yNVc3F Importers and producers 🤝, by being CBAM-compliant now, you are shaping a greener, more sustainable industry for tomorrow. 🌍 🔍 ... What’s Next? 💡 Stay ahead: Prepare now by understanding the new requirements and updating your reports. Explore the tools and resources on the CBAM website to make your compliance journey a smooth one. #Sustainability #EUGreenDeal #ClimateAction #SustainableBusiness