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EU power bills hold steady in 2025, but taxes push costs slightly higher

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EU recovery fund tops €400 billion as Germany and Slovakia receive new payments

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Latest News

EU power bills hold steady in 2025, but taxes push costs slightly higher

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  Household electricity prices across the EU barely budged in 2025—but that doesn’t mean consumers got relief. In fact, while underlying...
Read More...

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  Members of the European Parliament (MEPs) have outlined updated rules for vehicle inspections across the EU, focusing on safety improvements,...
Read More...

EU recovery fund tops €400 billion as Germany and Slovakia receive new payments

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  The European Commission has released another €5.85 billion in funding to Germany and Slovakia through its Recovery and Resilience Facility...
Read More...

EU gas bills climb again in late 2025 as price gaps between countries persist

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  Household gas prices across the European Union rose in the second half of 2025, continuing a pattern of seasonal ups and downs that had...
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EU Parliament calls for tougher laws and stronger platform accountability to tackle cyberbullying

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EU Parliament condemns rights abuses in Haiti, China and Venezuela in strongly worded resolutions

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  The European Parliament has adopted three separate resolutions expressing deep concern over deteriorating human rights situations in...
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Poland revives tank manufacturing with new K2 production deal with South Korea

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The European Commission has released another €5.85 billion in funding to Germany and Slovakia through its Recovery and Resilience Facility (RRF), pushing total payouts under

the EU’s post-pandemic recovery programme past €400 billion.

This milestone highlights the scale of the EU’s effort to rebuild its economy while accelerating major transitions—particularly in clean energy and digital innovation. As the programme enters its final stretch, its effects are becoming more visible, from energy security improvements to long-term investments in sustainable growth.

European Commission President Ursula von der Leyen described the achievement as more than just a financial benchmark, calling it clear evidence that Europe is turning crisis into progress. She emphasized that the initiative is helping shape a greener, more competitive, and more inclusive European Union.

Germany receives €4.6 billion

Germany secured €4.6 billion in its third round of funding under the RRF. The money is aimed at modernising public administration through digital reforms, improving energy efficiency in buildings, and promoting cleaner transport through electric vehicles and expanded charging networks.

Part of the funding will also support hydrogen research, reinforcing Europe’s ambitions to lead in clean energy technologies.

So far, Germany has received about 80% of its total €30.3 billion allocation, having completed nearly four-fifths of the agreed reform targets.

Slovakia receives €1.25 billion

Slovakia was granted €1.25 billion, covering its sixth and seventh payments. The funds will support a wide range of initiatives, including expanding access to early childhood education and improving hospital management systems.

Energy reforms are another priority, with measures designed to make it easier to connect renewable energy sources to the grid and expand wind energy projects. Additional investments will go toward education, innovation, and healthcare technology.

Slovakia has now received 81% of its €6.4 billion allocation, with over half of its planned reforms already completed.

A key pillar of Europe’s recovery

The Recovery and Resilience Facility remains the central component of the EU’s broader recovery plan, with up to €577 billion available in grants and loans. It was designed to help member states recover from the economic fallout of the COVID-19 pandemic while preparing for future challenges.

Funding is tied to performance, meaning countries only receive payments after meeting agreed reform and investment targets. With the programme set to conclude in 2026, governments are under pressure to complete their remaining commitments and submit final funding requests by September of that year.

As the finish line approaches, the focus is shifting from planning to delivery—ensuring that these investments translate into lasting economic strength and resilience across the European Union.

deneme