Commission provides €1 billion in macro-financial assistance to Egypt

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 […]

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SeaForester: Restoring underwater forests with BlueInvest support

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. […]

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Commission approves first wave of defence funding for eight Member States under SAFE

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 […]

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Statement by the Commission on the launch of Phase Two of the United States’ 20-point plan to end the Gaza conflict

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 […]

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