There is a double urgency to transform Europe’s energy system: reducing EU dependance on fossil fuel imports and tackling the climate crisis. EU has important objectives on climate change and the current tensions on energy market suggest to accelerate measures on energy savings, diversification of suppliers, renewables and to replace fossil fuels consumption in industry
First, there is the financing of NGEU, based on borrowing operations carried out by the European Commission on behalf of the European Union. Recovery plan for Europe: State of play
After the European Parliament, EU Council adopted the Instrument, too. However, the decision authorizing the Commission to borrow on the capital markets to finance this instrument needs to be ratified in all Member States. This financial instrument will make €672.5 billion in grants and loans available for public investment and reforms in the 27 member
In response to the coronavirus pandemic, on 28 May 2020 the Commission adopted a proposal for a regulation of the European Parliament and of the … Recovery and Resilience Facility
During the February Plenary Session, the European Parliament will debate five topics regarding COVID-19. One concerns the EU’s mega aid plan for countries in difficulty: the Recovery and Resilience Fund of € 750 billion. What will be the vote of the sovereign parties of the right and the extreme left? The question is legitimate
The Covid-19 crisis led European public opinion to believe that the EU did not have the capacity to forecast or respond to health crises such as the pandemic. “Europe is not responding“, the Italian daily La Repubblica dramatically deplored. (*The initial version of this article was published by The Robert Schuman Foundation (European Issue
After the compromise agreed last December by EU national leaders on the financial facility and on MFF 2021-2027, on 11 January 2021, the ECON committee of the European Parliament (EP) votes the EU Regulation on Recovery and Resilient Fund. Then, on 9 February it will be voted by the EP Assembly and later by the
On 10 and 11 December, EU leaders met in Brussels for the last European Council of the year. This year they already met 10 times, in regular, special and videoconference meetings, essentially for urgent matters related to the pandemic. Here all the conclusions. This time, they discussed a very long and sensitive agenda. In particular:
