supported by stronger-than-expected Q2 GDP (+0.3%), steady wage growth, and a Bank of England that cut rates but kept a hawkish tone on inflation.
The EU is to allocate almost €1.25 billion in grants to 41 cross-border energy infrastructure projects, the largest call for proposals under the Energy programme of its Connecting Europe Facility.
The Commission launched a Biotech and Biomanufacturing Hub Thursday to support companies in bringing innovative products to the EU market and increase their competitiveness.
The fifth annual Work Programme under the European Defence Fund, adopted Thursday by the EU Commission, has allocated over €1 billion to defence collaborative research and development projects.
The EU Commission set out a major initiative Wednesday to strengthen EU competitiveness by boosting innovation and investment, securing access to raw materials and clean energy, and cutting red tape.
EU exports of spacecraft and space transport services totalled EUR1,340 million in 2022 after experiencing a 36% drop compared with 2021 (EUR 2,108m), according to figures from Eurostat.
The EU Council has added three Russian foreign military intelligence officers to the list of sanctions against Russia for conducting a series of cyberattacks against the Republic of Estonia in 2020.
