The European Commission selected 94 transport projects to receive nearly €2.8 billion in EU grants under the Connecting Europe Facility (CEF). By modernising railways, inland waterways and maritime routes across the trans-European transport network (TEN-T), the projects will not only help better connect European regions and cities – north to south, east to west, but also make the EU's internal market more competitive, and more resilient. Europe's green transition runs on rail Rail transport will receive the largest share of the funding - 77% of the...

Read more

By José Manuel Campa and Isabel Schnabel European and national authorities have joined forces with banks to integrate reporting requirements across Europe. This will reduce costs for banks and improve data quality. In this blog post we describe the European integrated reporting initiative and present some initial results. Collecting data from banks is essential for authorities to conduct monetary policy, supervision and resolution. But banks in Europe are facing more and more regulatory reporting requirements from various European and national authorities....

Read more

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,...

Read more

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...

Read more

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...

Read more