Latest News

EU Parliament calls for justice mechanisms and expanded sanctions over Russian attacks in Ukraine

EU Parliament calls for justice mechanisms and expanded sanctions over Russian attacks in Ukraine EU Parliament calls for justice mechanisms and expanded sanctions over Russian attacks in Ukraine
  The European Parliament has adopted a resolution strongly condemning Russia’s repeated and deliberate strikes on civilian infrastructure...
Read More...

EU lawmakers renew push for ban on goods from Israeli settlements

EU lawmakers renew push for ban on goods from Israeli settlements EU lawmakers renew push for ban on goods from Israeli settlements
A coalition of European lawmakers is stepping up pressure on Brussels to halt trade with Israeli settlements, reflecting widening divisions...
Read More...

EU poverty rate slightly declines in 2025, but nearly 93 million still at risk

EU poverty rate slightly declines in 2025, but nearly 93 million still at risk EU poverty rate slightly declines in 2025, but nearly 93 million still at risk
The number of people facing poverty or social exclusion across the European Union saw a modest decline in 2025, yet the scale of the issue...
Read More...

EU steps In to support workers after Belgian tech firm collapse

EU steps In to support workers after Belgian tech firm collapse EU steps In to support workers after Belgian tech firm collapse
  The European Commission has announced plans to mobilise €2 million from the European Globalisation Adjustment Fund for Displaced Workers...
Read More...

Nearly one in four asylum seekers in the EU are children, new 2025 data shows

Nearly one in four asylum seekers in the EU are children, new 2025 data shows Nearly one in four asylum seekers in the EU are children, new 2025 data shows
  In 2025, children made up a significant share of those seeking refuge in the European Union, highlighting the growing humanitarian dimension...
Read More...

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...

Must Read

Most Popular Stories

VIDEO AND audio news:

Features, views, analysis

business

Latest News

EU Parliament calls for justice mechanisms and expanded sanctions over Russian attacks in Ukraine

EU Parliament calls for justice mechanisms and expanded sanctions over Russian attacks in Ukraine EU Parliament calls for justice mechanisms and expanded sanctions over Russian attacks in Ukraine
  The European Parliament has adopted a resolution strongly condemning Russia’s repeated and deliberate strikes on civilian infrastructure...
Read More...

EU lawmakers renew push for ban on goods from Israeli settlements

EU lawmakers renew push for ban on goods from Israeli settlements EU lawmakers renew push for ban on goods from Israeli settlements
A coalition of European lawmakers is stepping up pressure on Brussels to halt trade with Israeli settlements, reflecting widening divisions...
Read More...

EU poverty rate slightly declines in 2025, but nearly 93 million still at risk

EU poverty rate slightly declines in 2025, but nearly 93 million still at risk EU poverty rate slightly declines in 2025, but nearly 93 million still at risk
The number of people facing poverty or social exclusion across the European Union saw a modest decline in 2025, yet the scale of the issue...
Read More...

EU steps In to support workers after Belgian tech firm collapse

EU steps In to support workers after Belgian tech firm collapse EU steps In to support workers after Belgian tech firm collapse
  The European Commission has announced plans to mobilise €2 million from the European Globalisation Adjustment Fund for Displaced Workers...
Read More...

Nearly one in four asylum seekers in the EU are children, new 2025 data shows

Nearly one in four asylum seekers in the EU are children, new 2025 data shows Nearly one in four asylum seekers in the EU are children, new 2025 data shows
  In 2025, children made up a significant share of those seeking refuge in the European Union, highlighting the growing humanitarian dimension...
Read More...

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...

Must Read

Most Popular Stories

 

The European Commission has given a positive preliminary assessment of Finland’s fourth payment request worth €267.1 million under the Recovery and Resilience Facility

(RRF), a key financial instrument of the European Union’s post-pandemic recovery plan.

The Commission concluded that Finland has successfully met all required conditions tied to the disbursement, including the completion of 10 reform milestones and 10 investment targets outlined in the Council’s implementing decision.

The approved measures are expected to deliver tangible benefits to Finnish citizens and businesses. They focus on critical areas such as sustainable waste management, decarbonisation, labour market improvements, healthcare and social services, as well as innovation in key sectors of the economy.

Among the flagship initiatives is a sweeping reform of Finland’s waste management system. The reform introduces legislation requiring the separate collection of multiple waste streams and sets binding targets for packaging recycling. These regulatory changes are supported by investments aimed at increasing reuse and recycling rates nationwide.

In parallel, Finland is strengthening its labour market support systems. The plan includes enhanced training for career guidance professionals and more tailored employment services to better assist jobseekers, helping to improve workforce participation and skills matching.

The Commission has now forwarded its assessment to the Economic and Financial Committee (EFC) of the Council. Following the committee’s opinion, a final decision on the payment will be adopted, allowing the funds to be disbursed.

Finland originally submitted this payment request on 18 December 2025 as part of its broader recovery and resilience plan, which is financed by €1.95 billion in EU grants. With this latest tranche, total payments to Finland under the RRF would reach €1.39 billion, representing 71% of the country’s allocated funding. To date, Finland has fulfilled 63% of the milestones and targets set out in its national plan.

What is NextGenerationEU? 

NextGenerationEU is the European Union’s flagship recovery programme launched in response to the economic impact of the COVID-19 pandemic. With a total budget of over €800 billion, it is designed to support member states in rebuilding stronger, greener, and more digital economies.

At the heart of NextGenerationEU is the Recovery and Resilience Facility, which provides grants and loans to EU countries in exchange for reforms and investments aligned with EU priorities. These include climate action, digital transformation, economic resilience, and social inclusion.

Countries receive funding in stages, based on their progress in meeting agreed milestones and targets. This performance-based approach ensures that funds are linked to real reforms and measurable outcomes. Photo by Olga1969, Wikimedia commons.

deneme