News

In December 2022, DG ECFIN’s flash estimate of the consumer confidence indicator continued its recovery, improving by 1.4 percentage points (pps.) in the EU and 1.7 pps. in the euro area (EA). At -24.4 (EU) and ‑22.2 (EA) pps., consumer confidence remains well below its long-term average,...

The Commission has today disbursed over €6.5 billion to nine Member States in the final transaction under SURE, the instrument designed to protect jobs and incomes affected by the COVID-19 pandemic.

This is Lithuania's first payment request and relates to 33 milestones covering reforms and investments in the areas of education and social policy, innovation, taxation and sustainable mobility.

In November 2022, the Economic Sentiment Indicator (ESI) increased for the first time since February in both the EU (+1.0 point to 92.2) and the euro area (+1.0 point to 93.7).

This is Czechia's first payment request and relates to 37 milestones and targets covering investments in railway infrastructure and in digital tools for education, as well as reforms of school curricula and eHealth.

The Commission has launched the 2023 European Semester cycle of economic policy coordination.

This is Spain's third payment request and relates to 24 milestones and 5 targets covering several reforms and investments in the areas of the green and digital transitions, pensions, research, development and innovation, education and vocational training.

Yesterday's payment of €21 billion (€10 billion in grants and €11 billion in loans, net of pre-financing) was made possible by Italy's fulfillment of the 45 milestones and targets linked to the second instalment.

In October 2022, the Economic Sentiment Indicator (ESI) declined further in both the EU (-1.5 points to 90.9) and the euro area (-1.1 points to 92.5), reaching its lowest level since August and November 2020, respectively.