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European Commission | EU advances the Savings and Investments Union with measures to mobilise insurers’ and banks’ capital for Europe’s future

The Commission has adopted two measures to support the essential role institutional investors, such as banks and insurers, play in the financing the EU economy.  These measures deliver on the roadmap set out in the Savings and Investments Union (SIU) strategy and contribute to the EU's broader objectives of supporting private investment, improving capital market integration, and strengthening Europe's long-term competitiveness, for the benefit of EU businesses and households.   They aim at boosting equity investments by banks and insurers, including where these investments are made alongside public entities – such as...

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World Bank | Remarks by World Bank Group President Ajay Banga at the 2025 Annual Meetings Plenary

Good morning. Deputy Prime Minister Correia, thank you for chairing this plenary. Kristalina, I’m glad to celebrate this partnership with you. The recent events in Syria and Gaza give us reason to hope that peace is possible wherever conflict exists—DRC, Sudan, Ukraine, Yemen, and beyond. As we hope for peace, we must also prepare for it. In that pursuit, we’ve convened expert groups to plan for reconstruction in Gaza and Ukraine—drawing on regional specialists from both the public and private sectors. The...

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OECD | Changing geopolitical environment reshapes science, technology and innovation policy, says OECD

Rising geopolitical tensions and security concerns about emerging critical technologies are reshaping international co-operation in science, technology and innovation (STI), according to a new OECD report. The OECD Science, Technology and Innovation Outlook 2025 finds that governments are increasingly aligning their STI policies with economic and national security objectives – from promoting critical research and emerging technologies, to protecting against unauthorised knowledge leakage, and projecting national interests through science diplomacy. This growing securitisation of STI reflects how the changing geopolitical environment is...

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EXIM Bank | EXIM Powers American AI Exports Program

WASHINGTON, D.C. — The Export-Import Bank of the United States (EXIM), in close coordination with the White House Office of Science and Technology Policy (OSTP) and the U.S. Departments of Commerce and State, is proud to support the launch of the American AI Exports Program—announced yesterday by our interagency partners as a bold, whole-of-government effort under President Trump’s leadership to advance U.S. innovation and global competitiveness in trusted, full-stack artificial intelligence (AI) technologies.   As a member of the Economic Diplomacy Action...

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Commission Partners with Private Investors to Set up Multi-billion Scaleup Europe Fund

Today, the Commission brought together top-tier private investors from across Europe to jointly express their intention to establish the Scaleup Europe Fund – a new, multi-billion fund to invest inthe most promising European companies in strategic deep tech areas. By joining forces with these potential founding investors, the Commission moves ahead on the EU Startup and Scaleup Strategy aimed at building a dynamic and competitive startup and scaleup ecosystem across Europe. The Scaleup Europe Fund responds to the urgent need for...

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European Commission | Eurobarometer: Europeans Embrace the Social Economy and Call for More Support

A new Special Eurobarometer published today shows that the importance of the social economy is widely acknowledged, with 75% of Europeans recognising its importance for the well-being of society in their country. Consequently, a significant majority endorse policies aimed at developing the social economy, including the creation of dedicated strategies and laws (88%), awareness-raising initiatives (86%), assistance to help people set up social economy organisations (86%), and direct financial support from the public sector (80%). In addition, a significant number of...

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European Commission | 2025 Annual Progress Report: Simplification, Implementation and Enforcement

This first annual progress by Maria Luís Albuquerque, Commissioner for Financial Services and the Savings and Investments Union, covers the period from January to July 2025. It describes the simplification measures during this time-frame and provides feedback from the Commissioner’s first implementation dialogue and reality checks. It also includes key implementation and enforcement actions undertaken in this reporting period. In the Political Guidelines for the next European Commission 2024-2029, President von der Leyen advocated for a “simpler and faster Europe” to improve EU competitiveness...

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(European) Parliament will deliver – President Metsola to EU leaders

Addressing EU leaders at today's European Council, European Parliament President Roberta Metsola said that Parliament will deliver, making things better, simpler and easier. Dear António, dear colleagues, Congratulations on the adoption of the 19th package of sanctions. This was good news. On a less positive note - yesterday’s vote on the CSRD and CSDDD sustainability omnibus showed that for a huge section of the European Parliament, this compromise simply did not go far enough. That even with the best attempt at...

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ECB | Understanding sustained growth: the 2025 Nobel Prize and why it matters for Europe

By Conny Olovsson and Alexander Popov The economist Robert Lucas famously wrote that “Once one starts to think about economic growth, it is hard to think about anything else.” The Nobel committee seems to agree. For the second year in a row, it has chosen to honour work on economic growth. This ECB Blog post looks at the research of this year’s laureates. Last Monday, the Royal Swedish Academy awarded the Sveriges Riksbank Prize in Economic Sciences to three laureates. The...

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IMF | Resilience in a World of Uncertainty

Speech by IMF Managing Director Kristalina Georgieva at the 2025 Annual Meetings Plenary Deputy Prime Minister Olavo Correia, thank you, and may my future travels take me to the beautiful shores of Cabo Verde and the soulful melodies of Cesária Évora—or perhaps even to a football victory chant! Congratulations to your national team for qualifying for the World Cup for the first time in your country’s history! Dear Ajay, I cannot think of a better partner to have at the Bank than you! Thank you for...

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