“Next Generation EU” to boost MFF
By raising funds of €750 billion on the financial markets, the instrument “Next Generation EU” is designed to boost the upcoming Multiannual Financial Framework (MFF). According to the European Commission’s proposal, this amount should reinforce existing EU programmes such as InvestEU and create new programmes of which the most important is the Recovery and Resilience Facility. The latter amounts to €560 billion and should be used for implementing national Recovery and Resilience plans defined in line with the objectives of the European Semester.
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European Commission adopts adjusted Work Programme 2020
As part of Europe’s recovery plan, the European Commission has adjusted its Work Programme for 2020. Basically, the priorities that were set at the beginning of the mandate and presented in January 2020 remain valid in addressing today’s challenges.
In particular, the Commission remains fully determined to deliver on its flagship initiatives, the European Green Deal and the Digital Strategy, as they are key to relaunching the European economy and building a more resilient, sustainable, fair and prosperous Europe.
But at the same time, with the adjusted Work Programme for 2020, the Commission is responding to the coronavirus pandemic by refocusing its work, postponing several initiatives and prioritising the most urgent actions needed.
In particular, the Commission remains fully determined to deliver on its flagship initiatives, the European Green Deal and the Digital Strategy, as they are key to relaunching the European economy and building a more resilient, sustainable, fair and prosperous Europe.
But at the same time, with the adjusted Work Programme for 2020, the Commission is responding to the coronavirus pandemic by refocusing its work, postponing several initiatives and prioritising the most urgent actions needed.
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Council discusses R&D priorities
During a meeting that was dominated by Covid-19 and the role that R&D can play to help prevent future pandemics, the Council of the European Union heard from the German representative, who presented the R&D priorities for its forthcoming presidency, which starts on 1 July. These consist mainly of continuing the coordinated crisis management across the EU while pursuing mid- and long-term EU objectives, including technological sovereignty, digital transformation and the green deal. Further information can be found on the Council’s website, linked below.
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