EU Funding

EU Commission proposes €489 million in storm recovery aid, with Malta among four nations set to benefit

The European Commission proposed to mobilise €489 million from the European Union Solidarity Fund (EUSF) to help Portugal, Spain, Italy and Malta recover from severe storms and flooding in January…

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EU institutions face budget cuts

Most European Union capitals want to cut the money allocated to the bloc's civil service, as part of a deal on the EU's next long-term budget, a document seen by…

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Latvia wants €7B from EU to cope with fallout from Russia’s war

Latvian Prime Minister Andris Kulbergs wants Brussels to hand over €7 billion to help cover the military and economic costs of confronting Russia, as pressure grows over the price of…

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European Parliament approves €144.1 million in disaster aid for Spain, Romania and Cyprus

he European Parliament on Tuesday approved the release of €144.1 million from the European Union Solidarity Fund (EUSF) to support recovery efforts in Spain, Romania and Cyprus following major wildfires,…

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EU countries scale back plan to fund power grids

Governments have cut back the European Union's proposal to spend national ‌funds on the bloc's energy infrastructure after Sweden threatened to restrict power exports over the plan, an internal negotiating…

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GO Launches EU-Funded Upgrade of Malta’s Strategic GO-1 Submarine Cable Link

GO p.l.c., Malta’s leading telecommunications provider, today announced the launch of the MOGOSC project (MOdernisation of the GO-1 Submarine Cable), a strategic infrastructure upgrade that will significantly enhance Malta’s connectivity…

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How the EU Agrees and Pays for Its Long-Term Budget

European Union governments and institutions are heading for a bitter battle over the bloc's 2028-2034 budget, as fresh defence and competitiveness demands vie for funds against more traditional farm and…

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EU Steps Up Support for Ukraine, Warns of Prolonged Energy Strain From Middle East Conflict

European Commission President Ursula von der Leyen said Wednesday the European Union will press ahead with financial and military support for Ukraine while bracing for extended economic fallout from the…

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France and Germany call for change of EU funding for economic development projects

France and Germany are calling for a shake-up of EU funding for economic development projects, warning that Europe’s largest multilateral lenders are poorly coordinated and could be merged. In…

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