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On #development, @vonderleyen is today proposing to
reinforce the Neighbourhood, Development and International Cooperation Instrument by setting it at a level of €86 billion https://twitter.com/julienserre/status/1265547832125161472
reinforce the Neighbourhood, Development and International Cooperation Instrument by setting it at a level of €86 billion https://twitter.com/julienserre/status/1265547832125161472
The Commission is proposing a revamped EU
budget / MFF, amounting to €1100 bn between 2021-2027 & €750 bn for the #NextGen Recovery Instrument
https://ec.europa.eu/info/sites/info/files/communication-europe-moment-repair-prepare-next-generation.pdf
budget / MFF, amounting to €1100 bn between 2021-2027 & €750 bn for the #NextGen Recovery Instrument
https://ec.europa.eu/info/sites/info/files/communication-europe-moment-repair-prepare-next-generation.pdf
Next Generation EU will raise money by temporarily lifting the own resources ceiling to 2.00% of EU Gross National Income, allowing the Commission to use its strong credit rating to borrow €750 billion on the financial markets.
For more on #nextgen here's a good summary by @Tagliapietra_S @Bruegel_org https://twitter.com/Tagliapietra_S/status/1265618424589430784
"The EU must further strengthen its role as a security provider and a pillar of stability in the world order. To that end it will continue upholding multilateralism & more effectively promote its economic and strategic interests" in
https://ec.europa.eu/info/sites/info/files/communication-europe-moment-repair-prepare-next-generation.pdf
#securitydevelopment
https://ec.europa.eu/info/sites/info/files/communication-europe-moment-repair-prepare-next-generation.pdf
#securitydevelopment
If approved, EU development agencies, Development banks and implementing partners will need to deliver, with increased role & responsibilities in the Neighborhood, Africa and the Middle East @expertisefrance @Charles_Tellier @EIB @OECDdev https://twitter.com/vonderleyen/status/1265610397563916288
Charles Michel @eucopresident hopes for an approval before the summer break. Let's see !
/ end of thread https://twitter.com/eucopresident/status/1265636801592647680
/ end of thread https://twitter.com/eucopresident/status/1265636801592647680
