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The European Commission has endorsed the national defence plans of eight Member States, marking a milestone in Europe’s push to strengthen its security. The Commission submitted a proposal to the Council to approve financial assistance for Belgium, Bulgaria, Denmark, Spain, Croatia, Cyprus, Portugal and Romania. President of the European Commission, Ursula von der Leyen, said: “Last year, the EU has made […]

The European Commission is seeking feedback on obstacles faced by EU venture and growth capital funds and on possible measures to address them. To that end, the Commission has opened two consultations: a targeted consultation addressing key stakeholders such as fund managers, businesses, institutional investors as well as public authorities and supervisors, and a public consultation […]

Today, the new automatic and dynamic mechanism for price adaptation of the Oil Price Cap for Russian crude will be applied for the first time. The new price cap for Russian crude oil is $44,10 per barrel, effective 1 February. Starting 15 January, old contracts concluded under the previous price cap can be executed for […]

Today, the European Commission disbursed €1 billion in Macro-Financial Assistance (MFA) to Egypt, an important commitment of the EU-Egypt Strategic Comprehensive Partnership signed in March 2024.   Ursula von der Leyen, President of the European Commission said: “Egypt is an important strategic partner for the European Union. Today’s €1 billion payment shows both the EU’s commitment to this partnership and Egypt’s efforts to build […]

EU gas and electricity markets in the second quarter of 2025 saw a further return to more stable and predictable levels, according to the new quarterly reports for both markets published today. Wholesale gas prices seemed to turn the corner, declining for the first time since early 2024, as LNG imports surged. At the same […]

In the EU, we’re ever-more familiar with the possibilities of solar energy. It allows us to harness the energy of the sun and use it in our homes and businesses.  This article shines a light on the rapid growth of solar energy in Europe in recent years and its benefits for both consumers and the […]

Portugal-based company SeaForester is restoring Europe’s lost kelp forests using a simple, scalable method:  it grows kelp seedlings on small stones in land-based nurseries, then deploys them from fishing boats. This innovative approach facilitates large-scale regeneration of marine habitats. With support from BlueInvest, SeaForester has successfully secured €1.6 million and is preparing for international expansion. […]

We welcome the announcement of the launch of Phase Two of the United States’ 20-point plan to end the Gaza conflict, endorsed by UN Security Council Resolution 2803, and in particular the nomination of a Palestinian National Committee for the Administration of Gaza with the support of the Palestinian Authority. The EU stands ready to […]