European Union

Recovery Instrument NextGenerationEU Ready to Be Implemented, Bulgaria’s Recovery Plan Delayed

The Commission adopted on Wednesday the Funding strategy that will ensure all necessary elements are already in place as borrowing under the temporary pandemic recovery instrument NextGenerationEU to be financed on the most advantageous terms.

MEP Winkler (UDMR): Recovery and resilience plan, a unique chance for Romania

The European Recovery and Resilience Facility represents a unique chance for Romania to make a leap in economic development and modernisation, but the deadlines for its implementation must be met by the Romanian officials, MEP Iuliu Winkler of the Hungarian Democratic Union of Romania (UDMR) said in Deva on Thursday He pointed out that the deadlines set for the entry into force of the European

EU blast Turkey on human rights, Meditrerranean, offers prospect of customs union, aid for refugees

European Council President Charles Michel called on Turkey to keep working to resolve disputes with Greece and Cyprus over gas rights in the Mediterranean as he visited Ankara on Tuesday to discuss trade and refugees with President Tayyip Erdogan.

European Auditors Warn of High Fraud Risk Related to EU Recovery Fund

The European Court of Auditors (ECA) is on high alert about the risk of fraud and abuse associated with the €750 billion EU Pandemic Recovery Fund, DPA informs.

The faster the money flows, the higher the risks. This is inevitable," the president of the court, Klaus-Heiner Lehne, told DPA. It is crucial to have an effective inspection system, the German expert added.

Business organisations urge more ambitious debureaucratisation

Ljubljana – Four business chambers or associations associated in an Economic Circle initiative urged the government to be more ambitious in its debureaucratisation drive and lower the planned social security cap, as they presented a number of ideas for a lean state at an online news conference on Wednesday.