EU agrees EUR 1.8 trillion long-term recovery budget

EU Budget (BRUSSELS) – The EU Council adopted a regulation Thursday laying down the EU’s multiannual financial framework for 2021-2027, providing for a long-term budget of EUR 1,074.3 billion for…

EU institutions agree funding for investment recovery

Renewable energy (BRUSSELS) – The EU Parliament and Council reached a political agreement Monday night on the InvestEU flagship investment programme for sustainable recovery of the European economy from the…

EU prepares for end of LIBOR financial benchmark

Markets (BRUSSELS) – The European Parliament and EU Council reached provisional agreement Tuesday on key amendments to EU rules on financial benchmarks, in preparation for the end of LIBOR on…