The Commission is launching yesterday the first call for proposals under the Innovation Fund , one of the world’s largest programmes for the demonstration of innovative low-carbon technologies, financed by revenues from the auction of emission allowances from the EU’s Emissions Trading System.
Yesterday, the European Commission has launched a revamped version of the ‘Have Your Say’ portal.
The annual growth rate of loans to households was unchanged at 3.5% in the first quarter of 2020 compared with the previous quarter. The financial investment of households increased at a higher rate of 2.8% (after 2.6%) and their gross non-financial investment decreased (-1.7% after an increase of 3.4%), while their net worth increased at […]
As the EU opens up travel to Europe for the citizens of 14 countries outside of the bloc, Hungary will keep its borders closed for the time being.
ECB supportive of banks’ European Payments Initiative Pan-European card and digital wallet to complete European retail payments market The European Central Bank (ECB) welcomes the decision by 16 European banks to launch the European Payments Initiative. This initiative aims to create a unified payment solution for consumers and merchants across Europe, encompassing a payment card […]
Current account surplus at €285 billion (2.4% of euro area GDP) in four quarters to first quarter of 2020, down from €344 billion (3.0% of euro area GDP) a year earlier Geographic counterparts: largest bilateral surpluses vis-à-vis United Kingdom (€178 billion, up from €169 billion a year earlier) and United States (€108 billion, down from […]
With the pandemic, “stable points” are gaining importance in diplomacy, and Hungarian-German partnership, friendship and strategic cooperation are such “stable points” which will always be key, Foreign Minister Péter Szijjártó said, opening the Hungarian Cultural Institute in Stuttgart.
At its meeting on 25 June 2020, the General Board of the European Systemic Risk Board (ESRB) again focused on the consequences of the coronavirus (COVID-19) pandemic for the EU’s economy and the financial system. Even if the acute spread of COVID-19 seems to have been contained in Europe, the economy is still being affected by […]
Yesterday the European Commission is taking action to give young people all possible opportunities to develop their full potential to shape the future of the EU, and thrive in the green and digital transitions.
Yesterday, the European Commission adopted the decision granting marketing authorisations to the company Janssen, a Johnson & Johnson company, for a vaccine against Ebola.