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May 15th, 2024 BUSINESS EURO & FINANCE FUNDING LEGAL AFFAIRS SOCIAL AFFAIRS TAXATION TRADE & COMMERCE DIGITIZATION ARTIFICIAL INTELLIGENCE AUTONOMOUS DRIVING INDUSTRY 4.0 & ROBOTICS INTERNET GOVERNANCE SMART CITIES & REGIONS SECURITY DEFENCE EXTERNAL SECURITY HOME AFFAIRS USA UKRAINE CHINA RUSSIA TÜRKIYE SUSTAINABILITY AGRICULTURE AQUACULTURE CLIMATE ENERGY ENVIRONMENT HEALTH EVENTS IEU STORE INSIGHT EU PREMIUM FREE DIGESTS CUSTOMER REQUEST SUBSCRIBE LOGIN ACCOUNT TOP NEWS MOL Group’s Polyol Complex: Speech by Hungarian Prime Minister Viktor Orbán Latin America and the Caribbean: EU announces €130m in humanitarian aid in 2024 Eastern Partnership: CEER is sharing knowledge on electricity market coupling Statement by EU High Representative Borrell on Israel’s operation in Rafah Security Union: EU Commission reports on overall progress NEWS & BACKGROUND ON THE TOP Spring 2024 Forecast: Gradual economic expansion amid high geopolitical risks Following broad economic stagnation in 2023, better-than-expected growth at the start of 2024 and the ongoing reduction in inflation set the scene for a gradual expansion of activity over the forecast horizon. Read More » 15/05/2024 Prime Minister Ulf Kristersson hosted Nordic summit with German Chancellor Scholz In connection with the Nordic summit in Stockholm on 13–14 May, in which Germany also took part, Mr Kristersson and Mr Scholz signed a strategic innovation partnership for security and digital and green transition. Read More » 15/05/2024 Withholding tax: EU Council agrees on new FASTER rules The so-called FASTER initiative aims to make withholding tax procedures in the EU safer and more efficient for cross-border investors, national tax authorities and financial intermediaries, such as banks or investment platforms. Read More » 14/05/2024 EU Council adopts the EU’s pact on migration and asylum The EU Council adopted a landmark reform of the European asylum and migration system. This establishes a set of rules that will help to manage arrivals in an orderly way, create efficient and uniform procedures and ensure fair burden sharing between member states. Read More » 14/05/2024 PREVIOUS NEXT LATEST NEWS TICKER MOL Group’s Polyol Complex: Speech by Hungarian Prime Minister Viktor Orbán Read More » 15/05/2024 Latin America and the Caribbean: EU announces €130m in humanitarian aid in 2024 Read More » 15/05/2024 Eastern Partnership: CEER is sharing knowledge on electricity market coupling Read More » 15/05/2024 Statement by EU High Representative Borrell on Israel’s operation in Rafah Read More » 15/05/2024 Security Union: EU Commission reports on overall progress Read More » 15/05/2024 Slovenia: IMF Executive Board concludes 2024 Article IV Consultation Read More » 15/05/2024 Spring 2024 Forecast: Gradual economic expansion amid high geopolitical risks Read More » 15/05/2024 Georgia: EU Commission and EEAS comment on transparency of foreign influence” law Read More » 15/05/2024 EU Commission issues €6bn in its 5th syndicated transaction of 2024 Read More » 15/05/2024 EU Council approves conclusions on financial literacy Read More » 15/05/2024 EUAM Ukraine: EU Council extends the mandate until 2027 Read More » 15/05/2024 Ukraine Facility: EU Council endorses regular payments Read More » 15/05/2024 Iran’s arms for Russia and Red Sea rebels: EU Council broadens restrictive measures Read More » 15/05/2024 Main results of the EU Economic and Financial Affairs Council, 14 May 2024 Read More » 15/05/2024 REPowerEU: Speech by EU Commissioner Simson at high-level stakeholder event Read More » 15/05/2024 Prime Minister Ulf Kristersson hosted Nordic summit with German Chancellor Scholz Read More » 15/05/2024 Cancer Survivorship: Speech by EU Commissioner Kyriakides Read More » 15/05/2024 EU Commission boosts readiness to combat 2024 wildfire season Read More » 15/05/2024 IEA’s Clean Cooking in Africa Summit: EVP Šefčovič announces €400m contribution Read More » 15/05/2024 EU Commission takes part in the 2024 Annual Meeting of the EBRD in Armenia Read More » 15/05/2024 BUSINESS MOL Group’s Polyol Complex: Speech by Hungarian Prime Minister Viktor Orbán The fact is that Hungary – and if we think of Hungarians beyond its borders, the entire Hungarian nation – owes a lot to MOL. […] MOL and the fate of the Hungarian economy are two pages in the same book: a book that is essentially about how to win the twenty-first century, after having lost the twentieth” – Viktor Orbán Read More » 15/05/2024 Latin America and the Caribbean: EU announces €130m in humanitarian aid in 2024 The aid also includes over €1m just approved to respond to the devastating floods in Brazil, which in past weeks have affected 90% of the territory of Rio Grande do Sul. Read More » 15/05/2024 Slovenia: IMF Executive Board concludes 2024 Article IV Consultation Slovenia’s severe floods in August 2023 pose new challenges, with direct damages estimated by the authorities at almost 5 percent of GDP, and the cost of upgrading infrastructure to be more climate resilient estimated to be much higher. Read More » 15/05/2024 Spring 2024 Forecast: Gradual economic expansion amid high geopolitical risks Following broad economic stagnation in 2023, better-than-expected growth at the start of 2024 and the ongoing reduction in inflation set the scene for a gradual expansion of activity over the forecast horizon. Read More » 15/05/2024 EU Commission issues €6bn in its 5th syndicated transaction of 2024 The transaction concerned a new €6 billion bond due on 5 October 2054. The new 30-year bond came at a re-offer yield of 3.385%, equivalent to a price of 99.825%. Bids received amounted to €86 billion. This equals an oversubscription rate of over 14-times. Read More » 15/05/2024 EU Council approves conclusions on financial literacy The EU Council conclusions aim to give guidance to the Commission and the member states on how to improve citizen’s knowledge and understanding of finance. Read More » 15/05/2024 EUAM Ukraine: EU Council extends the mandate until 2027 The EU Council today adopted a decision extending the mandate of the European Union Advisory Mission for Civilian Security Sector Reform in Ukraine (EUAM Ukraine), until 31 May 2027. Read More » 15/05/2024 Ukraine Facility: EU Council endorses regular payments The EU Council endorsed the ‘Ukraine Plan’ setting out the intentions of the Ukrainian government regarding recovery, reconstruction, and modernisation of the country and its EU accession process, in the next four years. Read More » 15/05/2024 Main results of the EU Economic and Financial Affairs Council, 14 May 2024 The EU Ecofin Council reached an agreement (general approach) on the Council Directive on faster and safer relief of excess withholding taxes (FASTER). The EU ministers also exchanged views on the value added tax (VAT) in the digital age package, which aims to tackle VAT fraud, support businesses and promote digitalisation. Read More » 15/05/2024 Prime Minister Ulf Kristersson hosted Nordic summit with German Chancellor Scholz In connection with the Nordic summit in Stockholm on 13–14 May, in which Germany also took part, Mr Kristersson and Mr Scholz signed a strategic innovation partnership for security and digital and green transition. Read More » 15/05/2024 IEA’s Clean Cooking in Africa Summit: EVP Šefčovič announces €400m contribution Executive Vice-President for the European Green Deal Maroš Šefčovič announced that Team Europe is contributing €400 million to support clean cooking in Africa, at a Summit hosted by the International Energy Agency. Read More » 15/05/2024 EU Commission takes part in the 2024 Annual Meeting of the EBRD in Armenia Executive Vice-President and Trade Commissioner Valdis Dombrovskis will represent the European Union at the European Bank for Reconstruction and...