DEFENCE: EU adopts SAFE instrument

Brussels 28.05.2025 The Council has adopted today a regulation setting up the Security Action for Europe (SAFE) instrument. SAFE is a new EU financial instrument that will support those member states that wish to invest in defence industrial production through common procurement, focusing on priority capabilities. (Image above: illustration) 💬 Minister for European Affairs @adamSzlapka…

EU €600M assistance to Ukraine

Brussels 23.05.2022 The European Commission, on behalf of the EU, has disbursed €600 million in Macro-Financial Assistance (MFA) to Ukraine. Following Russia’s invasion, this urgent financial support helps Ukraine address its acute financing gap related to its exceptional humanitarian and defence needs. The first instalment of €600 million from this emergency Macro-Financial Assistance operation was…

Mairead McGuinness new EU finance Commissioner

Brussels 12.10.2020 The EU Council today appointed, by common accord with the President of the Commission, Ursula von der Leyen, Mairead McGuinness as new member of the European Commission. Today @EUCouncil appointed, by common accord with @EU_Commission president @vonderleyen, @McGuinnessEU as new member of the European Commission. Read the press release 👉https://t.co/duOUc4B6PO pic.twitter.com/8R5vARhhMb — EU…

#COVID19: Eurogroup rapid response

Today Eurogroup welcomed all the measures taken by Member States and by the European Commission, in particular those taken to ensure that health systems and civil protection systems are adequately provided for to contain and treat the disease, preserve the wellbeing of our citizens and help firms and workers that are particularly affected. The #Eurogroup…

EU-Swiss agreement extended deadline

The European Commission agreed to grant  Switzerland six more months  to achieve progress in a dispute over a deal governing EU market access and  free movement of labor. The agreement negotiated between the European Commission and Switzerland is meant to provide a framework for bilateral cooperation including agricultural trade and aviation. The EU had expected…

'New London' in Dublin refused

“There is not going to be any new London in the EU 27. History happened in a certain way. You can’t just lift institutions and drop then somewhere else,” Philip Lane, the head of the Irish  central bank  at an event in London. “You may well have this fragmented but integrated financial system so location…