ECB officials are increasingly confident in the Eurozone economy with two policymakers saying this week that inflation risks in the euro‑area are “balanced” and growth has been stronger than previously expected.
European Parliament and EU government negotiators have reached agreement on new legislation ensuring availability of crisis-relevant products, such as vaccines or chips, during emergencies.
In a fresh bid to cut red tape, the EU is set to cut EUR 400 million in annual administrative cost for European companies, with the aim of boosting growth and investment across the Single Market.
The European Commission looks to reduce barriers currently holding back intra-EU trade and investments with its new Single Market Strategy.
The EU Council has adopted a new set of sanctions on Russia, to increase the cost for Russia to continue its war, adding pressure on its already strained and fragile economy.
The EU Commission has announced the selection of 15 renewable hydrogen production projects for public funding across the European Economic Area (EEA).
The United Kingdom at a summit in London struck deals with the European Union on defence, fishing and energy in a bid to reset the UK’s relationship with the EU.
