Latest News

EU Parliament sets ambitious priorities for 2027 budget amid rising pressures

EU Parliament sets ambitious priorities for 2027 budget amid rising pressures EU Parliament sets ambitious priorities for 2027 budget amid rising pressures
The European Parliament has outlined an ambitious vision for the European Union’s 2027 budget, placing social cohesion, economic competitiveness,...
Read More...

EU revamps trade preferences to boost development and enforce standards

EU revamps trade preferences to boost development and enforce standards EU revamps trade preferences to boost development and enforce standards
The European Parliament has approved a major update to its long-standing trade scheme designed to support developing nations, reinforcing its...
Read More...

Euro area deficit narrows slightly in 2025 as debt levels continue to climb

Euro area deficit narrows slightly in 2025 as debt levels continue to climb Euro area deficit narrows slightly in 2025 as debt levels continue to climb
  The euro area saw a modest improvement in its public finances in 2025, with the government deficit edging down to 2.9% of GDP from 3.0%...
Read More...

Sanctions spotlight: Kyrgyzstan, UAE networks, and the global aviation supply chain to Russia

Sanctions spotlight: Kyrgyzstan, UAE networks, and the global aviation supply chain to Russia Sanctions spotlight: Kyrgyzstan, UAE networks, and the global aviation supply chain to Russia
Sanctions targeting former post-Soviet countries involved in supplying aviation spare parts have made headlines across global media. Today...
Read More...

EU regulators challenge Meta over child safety failures on Instagram and Facebook

EU regulators challenge Meta over child safety failures on Instagram and Facebook EU regulators challenge Meta over child safety failures on Instagram and Facebook
  The European Commission has issued a preliminary finding that Meta may be violating the Digital Services Act (DSA), citing serious shortcomings...
Read More...

Polish public broadcaster expands foreign news reach with Georgian-language service

Polish public broadcaster expands foreign news reach with Georgian-language service Polish public broadcaster expands foreign news reach with Georgian-language service
  Poland’s public broadcaster has launched a new Georgian-language news service as part of a broader push to expand its international...
Read More...

European households see modest income gains as spending continues to rise

European households see modest income gains as spending continues to rise European households see modest income gains as spending continues to rise
  Households across the euro area and the wider European Union closed 2025 with a slight but steady improvement in their financial situation,...
Read More...

EU pharmaceutical exports drive record employment, supporting over 926,000 jobs

EU pharmaceutical exports drive record employment, supporting over 926,000 jobs EU pharmaceutical exports drive record employment, supporting over 926,000 jobs
  In 2023, the European Union’s pharmaceutical exports reached a new milestone, supporting approximately 926,000 jobs across the bloc....
Read More...

EU pushes Google to open Android to rival AI services in landmark digital markets move

EU pushes Google to open Android to rival AI services in landmark digital markets move EU pushes Google to open Android to rival AI services in landmark digital markets move
  The European Commission has stepped up its enforcement of the Digital Markets Act (DMA), sending preliminary findings to Google that...
Read More...

Must Read

Most Popular Stories

VIDEO AND audio news:

Features, views, analysis

business

Latest News

EU Parliament sets ambitious priorities for 2027 budget amid rising pressures

EU Parliament sets ambitious priorities for 2027 budget amid rising pressures EU Parliament sets ambitious priorities for 2027 budget amid rising pressures
The European Parliament has outlined an ambitious vision for the European Union’s 2027 budget, placing social cohesion, economic competitiveness,...
Read More...

EU revamps trade preferences to boost development and enforce standards

EU revamps trade preferences to boost development and enforce standards EU revamps trade preferences to boost development and enforce standards
The European Parliament has approved a major update to its long-standing trade scheme designed to support developing nations, reinforcing its...
Read More...

Euro area deficit narrows slightly in 2025 as debt levels continue to climb

Euro area deficit narrows slightly in 2025 as debt levels continue to climb Euro area deficit narrows slightly in 2025 as debt levels continue to climb
  The euro area saw a modest improvement in its public finances in 2025, with the government deficit edging down to 2.9% of GDP from 3.0%...
Read More...

Sanctions spotlight: Kyrgyzstan, UAE networks, and the global aviation supply chain to Russia

Sanctions spotlight: Kyrgyzstan, UAE networks, and the global aviation supply chain to Russia Sanctions spotlight: Kyrgyzstan, UAE networks, and the global aviation supply chain to Russia
Sanctions targeting former post-Soviet countries involved in supplying aviation spare parts have made headlines across global media. Today...
Read More...

EU regulators challenge Meta over child safety failures on Instagram and Facebook

EU regulators challenge Meta over child safety failures on Instagram and Facebook EU regulators challenge Meta over child safety failures on Instagram and Facebook
  The European Commission has issued a preliminary finding that Meta may be violating the Digital Services Act (DSA), citing serious shortcomings...
Read More...

Polish public broadcaster expands foreign news reach with Georgian-language service

Polish public broadcaster expands foreign news reach with Georgian-language service Polish public broadcaster expands foreign news reach with Georgian-language service
  Poland’s public broadcaster has launched a new Georgian-language news service as part of a broader push to expand its international...
Read More...

European households see modest income gains as spending continues to rise

European households see modest income gains as spending continues to rise European households see modest income gains as spending continues to rise
  Households across the euro area and the wider European Union closed 2025 with a slight but steady improvement in their financial situation,...
Read More...

EU pharmaceutical exports drive record employment, supporting over 926,000 jobs

EU pharmaceutical exports drive record employment, supporting over 926,000 jobs EU pharmaceutical exports drive record employment, supporting over 926,000 jobs
  In 2023, the European Union’s pharmaceutical exports reached a new milestone, supporting approximately 926,000 jobs across the bloc....
Read More...

EU pushes Google to open Android to rival AI services in landmark digital markets move

EU pushes Google to open Android to rival AI services in landmark digital markets move EU pushes Google to open Android to rival AI services in landmark digital markets move
  The European Commission has stepped up its enforcement of the Digital Markets Act (DMA), sending preliminary findings to Google that...
Read More...

Must Read

Most Popular Stories

 

For the first time, the European Commission has approved a list of 47 Strategic Projects aimed at enhancing the EU’s capabilities in extracting, processing, and recycling critical

raw materials. These projects are a key step in implementing the Critical Raw Materials Act (CRMA), which targets meeting 10% of the EU’s demand through extraction, 40% through processing, and 25% through recycling of strategic raw materials by 2030.

The selected projects will support Europe's green and digital transitions, while also bolstering the defence and aerospace industries.

Strategic projects across the EU

The 47 projects span 13 EU Member States: Belgium, France, Italy, Germany, Spain, Estonia, Czechia, Greece, Sweden, Finland, Portugal, Poland, and Romania.

They cover multiple stages of the raw material supply chain:

- 25 projects involve extraction

- 24 projects focus on processing

- 10 projects center on recycling

- 2 projects target the substitution of raw materials

The projects address 14 out of 17 strategic raw materials listed under the CRMA. Key materials covered include:

- Lithium (22 projects)

- Nickel (12)

- Cobalt (10)

- Graphite (11)

- Manganese (7)

These projects are expected to fully meet the EU’s 2030 benchmarks for lithium and cobalt, while making significant progress on graphite, nickel, and manganese. Other efforts include projects for magnesium and tungsten, which are essential for the defence sector.

Support and investment

The selected projects represent a combined €22.5 billion in capital investment. They will benefit from:

EU-level coordination to facilitate financing and industry connections

Streamlined permitting processes—limited to 27 months for extraction and 15 months for other projects, a significant improvement over current 5–10 year timelines

Support from Member States and financial institutions

To qualify, projects had to meet environmental, social, and governance standards and demonstrate technical viability and EU-wide benefits.

Background and next steps

The CRMA took effect on 23 May 2024, alongside a call for project proposals. After a thorough review by the Commission and external experts, and consultations with the Critical Raw Materials Board and the European Parliament, the 47 projects were officially selected in March 2025.

Applications from non-EU countries are still under review, with decisions expected later. A new call for Strategic Projects is scheduled for late summer 2025.

deneme