Latest News

Italy’s working life trails Europe by years as female employment gap widens

Italy’s working life trails Europe by years as female employment gap widens Italy’s working life trails Europe by years as female employment gap widens
  Italy is among Europe’s longest-living nations, yet its population spends markedly less time in the labour market than people in most...
Read More...

EU education spending holds steady at 4.7% of GDP, but countries diverge sharply

EU education spending holds steady at 4.7% of GDP, but countries diverge sharply EU education spending holds steady at 4.7% of GDP, but countries diverge sharply
  Public spending on education across the European Union remained broadly unchanged in 2023, accounting for 4.7% of the bloc’s economic...
Read More...

EU steps up earthquake relief for Colombia as member states send emergency supplies

EU steps up earthquake relief for Colombia as member states send emergency supplies EU steps up earthquake relief for Colombia as member states send emergency supplies
  The European Union is stepping up its emergency response to Colombia after a devastating 7.4-magnitude earthquake, with several European...
Read More...

EU business registrations fall as bankruptcies surge in second quarter

EU business registrations fall as bankruptcies surge in second quarter EU business registrations fall as bankruptcies surge in second quarter
  Business activity across the European Union weakened in the second quarter of 2026, with fewer new companies being registered and a marked...
Read More...

Kallas vows major expansion of EU sanctions on Russia as pressure campaign intensifies

Kallas vows major expansion of EU sanctions on Russia as pressure campaign intensifies Kallas vows major expansion of EU sanctions on Russia as pressure campaign intensifies
  EU foreign policy chief Kaja Kallas is preparing what she says could become the bloc’s most far-reaching sanctions package against...
Read More...

Swiss parties unite against neutrality initiative ahead of September vote

Swiss parties unite against neutrality initiative ahead of September vote Swiss parties unite against neutrality initiative ahead of September vote
  Switzerland’s political establishment is lining up against a proposed constitutional overhaul of the country’s long-standing neutrality...
Read More...

Germany eyes resumption of migrant transfers to Greece under new EU asylum rules

Germany eyes resumption of migrant transfers to Greece under new EU asylum rules Germany eyes resumption of migrant transfers to Greece under new EU asylum rules
  Germany is preparing to reopen a contentious chapter in Europe’s migration debate, with Berlin signalling that asylum seekers could...
Read More...

Cash loses ground in Belgium as SMEs turn away from notes and coins

Cash loses ground in Belgium as SMEs turn away from notes and coins Cash loses ground in Belgium as SMEs turn away from notes and coins
  Cash is becoming a less welcome form of payment in Belgium, with only 81 per cent of small and medium-sized enterprises now accepting...
Read More...

French cross-border workers in Belgium reach 40,000 as numbers rise

French cross-border workers in Belgium reach 40,000 as numbers rise French cross-border workers in Belgium reach 40,000 as numbers rise
  The number of French residents crossing the border to work in Belgium has continued to climb, highlighting the growing importance of...
Read More...

EU greenhouse gas emissions edge higher as economy stagnates in first quarter of 2026

EU greenhouse gas emissions edge higher as economy stagnates in first quarter of 2026 EU greenhouse gas emissions edge higher as economy stagnates in first quarter of 2026
  Greenhouse gas emissions from the European Union economy rose slightly at the start of 2026, even as economic output remained flat, according...
Read More...

Must Read

Most Popular Stories

VIDEO AND audio news:

Features, views, analysis

business

Latest News

Italy’s working life trails Europe by years as female employment gap widens

Italy’s working life trails Europe by years as female employment gap widens Italy’s working life trails Europe by years as female employment gap widens
  Italy is among Europe’s longest-living nations, yet its population spends markedly less time in the labour market than people in most...
Read More...

EU education spending holds steady at 4.7% of GDP, but countries diverge sharply

EU education spending holds steady at 4.7% of GDP, but countries diverge sharply EU education spending holds steady at 4.7% of GDP, but countries diverge sharply
  Public spending on education across the European Union remained broadly unchanged in 2023, accounting for 4.7% of the bloc’s economic...
Read More...

EU steps up earthquake relief for Colombia as member states send emergency supplies

EU steps up earthquake relief for Colombia as member states send emergency supplies EU steps up earthquake relief for Colombia as member states send emergency supplies
  The European Union is stepping up its emergency response to Colombia after a devastating 7.4-magnitude earthquake, with several European...
Read More...

EU business registrations fall as bankruptcies surge in second quarter

EU business registrations fall as bankruptcies surge in second quarter EU business registrations fall as bankruptcies surge in second quarter
  Business activity across the European Union weakened in the second quarter of 2026, with fewer new companies being registered and a marked...
Read More...

Kallas vows major expansion of EU sanctions on Russia as pressure campaign intensifies

Kallas vows major expansion of EU sanctions on Russia as pressure campaign intensifies Kallas vows major expansion of EU sanctions on Russia as pressure campaign intensifies
  EU foreign policy chief Kaja Kallas is preparing what she says could become the bloc’s most far-reaching sanctions package against...
Read More...

Swiss parties unite against neutrality initiative ahead of September vote

Swiss parties unite against neutrality initiative ahead of September vote Swiss parties unite against neutrality initiative ahead of September vote
  Switzerland’s political establishment is lining up against a proposed constitutional overhaul of the country’s long-standing neutrality...
Read More...

Germany eyes resumption of migrant transfers to Greece under new EU asylum rules

Germany eyes resumption of migrant transfers to Greece under new EU asylum rules Germany eyes resumption of migrant transfers to Greece under new EU asylum rules
  Germany is preparing to reopen a contentious chapter in Europe’s migration debate, with Berlin signalling that asylum seekers could...
Read More...

Cash loses ground in Belgium as SMEs turn away from notes and coins

Cash loses ground in Belgium as SMEs turn away from notes and coins Cash loses ground in Belgium as SMEs turn away from notes and coins
  Cash is becoming a less welcome form of payment in Belgium, with only 81 per cent of small and medium-sized enterprises now accepting...
Read More...

French cross-border workers in Belgium reach 40,000 as numbers rise

French cross-border workers in Belgium reach 40,000 as numbers rise French cross-border workers in Belgium reach 40,000 as numbers rise
  The number of French residents crossing the border to work in Belgium has continued to climb, highlighting the growing importance of...
Read More...

EU greenhouse gas emissions edge higher as economy stagnates in first quarter of 2026

EU greenhouse gas emissions edge higher as economy stagnates in first quarter of 2026 EU greenhouse gas emissions edge higher as economy stagnates in first quarter of 2026
  Greenhouse gas emissions from the European Union economy rose slightly at the start of 2026, even as economic output remained flat, according...
Read More...

Must Read

Most Popular Stories

The European Commission has given the green light to Germany’s third payment request under the Recovery and Resilience Facility (RRF), unlocking €4.6 billion in grants as part

of the EU’s pandemic recovery programme NextGenerationEU.

The decision marks another milestone in implementing Germany’s recovery and resilience plan, which focuses on green transformation, digitalisation, public administration reform, and investments in education and innovation.

Progress on reforms and investments

In its assessment, the European Commission concluded that Germany has successfully met 5 milestones and 17 targets outlined in the Council’s implementing decision for this funding round.

The measures completed so far support several flagship initiatives aimed at modernising the country’s economy while accelerating the transition to climate neutrality.

Boost for the green transition

A significant portion of the funding supports environmental measures. Germany has carried out energy-efficient renovations in more than 155,000 buildings, improving sustainability in the housing sector.

The programme also backs the rapid expansion of electric mobility. Nearly 400,000 electric vehicles have received subsidies, bringing the total number supported under the national recovery plan to close to one million.

In parallel, the country has improved charging infrastructure by expanding access to over 2,500 public charging stations, helping to make electric transport more accessible.

Digitalising public administration

Another major focus of the reforms is modernising government services. A joint programme between the federal government and Germany’s regional states is streamlining planning and approval procedures, while improving access to public funding programmes.

A key legislative initiative — the Online Access Act — aims to cut bureaucracy by digitising 40 public services for citizens and businesses at the state level.

Investing in hydrogen innovation

The recovery plan also strengthens Germany’s role in emerging clean-energy technologies. Funding has been directed to hydrogen research projects under the country’s National Hydrogen Strategy, designed to overcome technological and economic barriers to large-scale hydrogen adoption.

What happens next

Following the positive assessment, the European Commission has forwarded its preliminary evaluation to the Economic and Financial Committee. The committee now has four weeks to deliver its opinion.

Once that process is completed and the Commission formally adopts the payment decision, the funds will be disbursed to Germany.

€24.4 billion already paid

Germany submitted the payment request on 16 February 2026. The country’s recovery plan, financed by €30 billion in grants, supports investments such as building renovations, electric vehicle incentives, and the digital transformation of public administration.

With this latest tranche, the total amount paid to Germany under the Recovery and Resilience Facility will reach €24.4 billion, including €2.3 billion in pre-financing. That represents about 80% of the funds allocated to Germany, while 79% of the plan’s milestones and targets have already been completed.

EU member states must finish implementing all remaining reforms and investments by 31 August 2026, and submit their final payment requests by the end of September 2026, before the recovery programme concludes. Photo by Michael Movchin / Felix Müller, Wikimedia commons.