EU Economy & Finance

Official @EU_Commission account on EU 🇪🇺 economy and finances
#NextGenerationEU #ECForecast #EuropeanSemester #EUBEF26
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[Valdis Dombrovskis @VDombrovskis]

Good to meet Katherina Reiche, 🇩🇪 Minister of Economy, to discuss economic and energy developments, 🇺🇦 funding and a competitive 🇪🇺 economy.

We agree that administrative burden must be reduced if we are serious about achieving our competitiveness goals. The pace must increase, and the effort must be collective.

[Valdis Dombrovskis @VDombrovskis]

Vērtīga saruna ar @FinanceLatvia valdi un padomi par birokrātijas mazināšanu Eiropas un nacionālajā līmenī, kā arī par finanšu sektora konkurētspējas veicināšanu.

Pārrunājām arī digitālā eiro ieviešanu 2029.gadā.

#digitālaiseiro #digitaleuro

[EU Economy & Finance @ecfin]

🆕 October consumer confidence indicator alert ⬇️

This month, our flash estimate of the consumer confidence indicator fell further below its long-term average.

🔗 Read more: https://t.co/4e806hcd1K

[EU Economy & Finance @ecfin]

📊 What are the factors currently limiting production across 🇪🇺?

Find out in the latest edition of the European Business Cycle Indicators (EBCI) - with main drivers below ⬇️

🔗 Have a read: https://t.co/TzcBsVykLY

[EU Economy & Finance @ecfin]

📣 New publication alert!

The latest edition of the CCEQ provides an overview of recent economic developments in candidate and pre-candidate countries in the Western Balkans and Türkiye.

🔗 Have a read: https://t.co/TdHotYQQOQ

[Valdis Dombrovskis @VDombrovskis]

Important exchanges at the 24th Recovery and Resilience Dialogue with @EP_Budgets and @EP_Economics.

With €451 bn disbursed and nearly 70% of milestones and targets positively assessed, a final effort is now needed to successfully conclude the #RRF.

➡️ My statement https://t.co/h9LdhGpXvn

[Valdis Dombrovskis @VDombrovskis]

@EU_Commission @ecb #Eurogroup to set up a dialogue with China to discuss macroeconomic policy.

We aim to foster mutual understanding, sustainable growth and a vibrant industry while preserving the rules-based international order.

We look forward to continuing this work.

[Valdis Dombrovskis @VDombrovskis]

🤝This week is all about cooperation and engagement.

🇺🇦 At the Ukraine Financial Coordination Group meeting in Bangkok, I once again stressed the importance of international partners each doing their part when it comes to financing for Ukraine as it continues fighting against Russian aggression.

[Valdis Dombrovskis @VDombrovskis]

Pleased to take part in the 16th ministerial meeting of the Coalition of Finance Ministers for Climate Action 🌎

We discussed how to preserve macroeconomic stability and fiscal space while financing resilience and the green transition in the face of higher energy prices.

The 🇪🇺 is taking action to accelerate the electrification of the economy and reduce exposure to imported fossil fuels ⚡️

[Valdis Dombrovskis @VDombrovskis]

🇺🇦Ukraine needs the means to defend itself – now.

✅Today the @EU_Commission disburses €2.86bn under the defence part of our €90bn Ukraine Support Loan.

Drones, radars, ammunition and more: we are providing tangible support to address Ukraine’s most urgent battlefield needs.

[EU Economy & Finance @ecfin]

This is EU funding supporting Europe’s next generation 🏅

As #NextGenerationEU approaches its conclusion, @FRANCE24 visited a school in Brussels to see tangible impact firsthand.

Watch the full report ⬇️

🔗 ENG: https://t.co/6Rsw3A12T3
🔗 FR: https://t.co/uoEnph0qw0

[Valdis Dombrovskis @VDombrovskis]

Russia’s aggression against Ukraine must come at an ever-higher cost.

Today, the EU added nearly 1,600 individuals and entities to our sanctions lists – our largest wave of listings targeting Russia’s war machine since the full-scale invasion.

We will keep up the pressure.

[Valdis Dombrovskis @VDombrovskis]

Europe continues to face the consequences of an energy shock it did not cause.

At today's #Eurogroup meeting, I stressed that any support for households and companies must be well targeted and prudent.

It is crucial to safeguard the fiscal credibility we have worked hard to build.

My remarks ➡️ https://t.co/UUtBZ1Sywy

[Valdis Dombrovskis @VDombrovskis]

Important exchanges at today's #ECOFIN, including on:

🏦 More integrated capital markets and a more competitive EU banking sector

🇺🇦 Support for Ukraine

🇪🇺 A successful conclusion to the Recovery and Resilience Facility

Read my remarks ➡️ https://t.co/lCPQCKY17u

[EU Economy & Finance @ecfin]

Read the Annual Report: https://t.co/06QFkIuOQs

[EU Economy & Finance @ecfin]

What’s inside the Recovery and Resilience Facility Annual Report? 🔍

As #NextGenerationEU enters the final stretch, the impact is becoming increasingly visible across Europe.

See some of the numbers below ⬇️

[Valdis Dombrovskis @VDombrovskis]

The Recovery and Resilience Facility, the centrepiece of #NextGenerationEU, is approaching the finish line. Today, the final #RRF Annual Report sets out the progress made.

✅ With €450 billion already disbursed, the RRF has shown that the EU can deliver transformative change.

➡️ Report: https://t.co/PIARZIQUaY

[EU Economy & Finance @ecfin]

Member States have delivered ✅ #NextGenerationEU

EU Member States have now requested their last payments under the Recovery and Resilience Facility 🎉

The reforms and investments have been bringing concrete results across 🇪🇺.

🔗 Read more: https://t.co/4Ak2M1o3lQ

[Valdis Dombrovskis @VDombrovskis]

Another milestone for #NextGenerationEU ✅

Today is the final day for 🇪🇺 Member States to submit payment requests under the Recovery and Resilience Facility. Thousands of reforms and investments funded by the #RRF have delivered real impact across the EU.

Thank you for all the hard work!

[Valdis Dombrovskis @VDombrovskis]

Met with 🇺🇦 Finance Minister @SergiiMarchenk3 to discuss Ukraine’s financing needs, implementation of the Ukraine Support Loan, including the next €3.7 billion payment under 🇪🇺 Macro-Financial Assistance.

We are also working to prepare Ukraine’s financial strategy for 2027.

🤝The EU remains steadfast in its support for Ukraine.