Category: Business

Today, during his visit to Riga, Executive Vice-President Valdis Dombrovskis announced the disbursement of the first payment to Latvia under the Recovery and Resilience Facility (RRF). The announcement was made alongside Latvia’s Finance Minister, Jānis Reirs. Executive Vice-President Dombrovskis said: “Great news for Latvia as it receives this first RRF payment to press ahead with its agenda of reforms and […]

Our ‘A day in the life’ series highlighted the variety of roles an IT career path can take you December 30, 2022 | %t min read Ever wonder what it’s like to be a CISO, product leader, or software developer? Are you looking to pivot careers from being a data scientist to a cognitive scientist? […]

The Guardian recently reported that the housing market will see a sharp cooldown in 2023 as the UK enters a recession. Housing and real estate property investors and experts believe that property prices are likely to decline by 5 to 12 percent as a result of this. In a worst-case scenario, this decline could be […]

Dear Penny, I’ve decided to basically cut off my daughter once she’s finished high school, which will be just over five months from now. She didn’t do anything wrong. I’m not eager to be rid of her, and I could easily continue to provide her basic needs, but I won’t.  I myself lived with my […]

The Commission received yesterday the first payment request from Slovenia under the Recovery and Resilience Facility (RRF). Slovenia has sent a request to the Commission for a disbursement of €49.6 million in grants (net of pre-financing). Slovenia’s overall recovery and resilience plan will be financed by €1.5 billion in grants. Slovenia’s payments under the RRF […]

Today’s payment of €2.6 billion (€1.8 billion in grants and €0.8 billion in loans, net of pre-financing) was made possible by Romania’s fulfillment of the 21 milestones and targets  linked to the first instalment. They cover several reforms contributing to the digital transition, as well as in the areas of sustainable mobility, decarbonisation, audit and […]

The European Commission has presented two proposals to the Council for a decision to grant an additional €550 million in financial support to Croatia under the SURE instrument, bringing the total support to the country to €1.6 billion, and an additional €142 million to Lithuania, bringing the total support to €1.1 billion. Once the Council […]

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. They cover key reforms in the areas of public employment, public procurement, teaching, tax administration and healthcare, as well as investments […]

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. Other areas covered include healthcare, support to vulnerable groups, insolvency procedures, public expenditure quality and the prevention of tax evasion and fraud. Spain’s recovery […]

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. The milestones also cover sustainable sources of energy, public data management and open data, as well as broadband infrastructure. Lithuania’s overall recovery and resilience plan will be financed by €2.22 billion in grants. […]