Geopolitical and trade tensions continue to be a challenge for the EU economy. Deepening structural reforms and reprioritising public spending are needed to boost growth, according to a new OECD report. The latest OECD Economic Survey of the European Union and Euro Area projects that GDP growth in the euro area will strengthen to 1.0% in 2025 and 1.2% in 2026, up from 0.8% in 2024. Inflation in the euro area is easing, projected at 2.2% in 2025 and 2.0% in 2026,...

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Life sciences – the study of living systems, from cells to ecosystems – are central to our health, environment and economy. Europe has long been a leader in life sciences, backed by a strong knowledge base and scientific excellence. But it is now losing ground to other global players in turning research into real-world solutions. To counter this trend, the European Commission has launched a new strategy to make Europe the most attractive place in the world for life...

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The European Investment Bank (EIB) Group in partnership with the Financial Alliance for Net Zero convened a high-level exchange with leaders of multilateral development banks (MDBs) and private sector CEOs at the International Conference on Financing for Development in Seville to deepen cooperation and scale private sector investment in emerging markets and developing economies. Heads of the African Development Bank, Asian Development Bank, Asian Infrastructure Investment Bank, Council of Europe Development Bank (CEB), European Bank for Reconstruction and Development, European Investment...

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Watch the launch event here The Organisation for Economic Co-operation and Development (OECD) and the United Nations Development Programme (UNDP) have presented today a new plan to expand the scope and global coverage of their shared Tax Inspectors Without Borders (TIWB) programme, marking a new phase in the flagship capacity-building initiative. Tax Inspectors Without Borders 2.0, presented during the Fourth International Conference on Financing for Development (FFD4), in Sevilla, Spain, will build on a decade of impactful collaboration between OECD, UNDP...

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As of today, Tuesday, July 1, 2025, the Danish EU Presidency begins. The Danish government has chosen two main priorities for the presidency, which we look forward to delivering on: a safer Europe, including stronger management of migration to the EU and continued support for Ukraine, and a competitive and green Europe. The presidency will last until the end of the year. Since being appointed as Minister for European Affairs, Marie Bjerre has visited all 27 EU countries as well...

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Thank you so much for inviting me to join you today. It is an honor to participate on behalf of the IMF. As you know, before I joined the IMF last Fall, I served as Jamaica’s Minister of Finance. This was during some of the most turbulent years in recent memory—marked elevated uncertainty, including COVID-19 and extreme weather events. And I can tell you that it has profoundly shaped my view on the role of tax capacity as the crucial...

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