Commission disburses first payment of €2.6 billion to Romania under the Recovery and Resilience Facility

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 […]

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The Commission proposes an additional €550 million to Croatia and €142 million to Lithuania

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 […]

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Commission disburses €21 billion to Italy under the Recovery and Resilience Facility

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 […]

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Commission receives payment request from Spain for €6 billion in grants under the Recovery and Resilience Facility

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 […]

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Commission receives payment request from Lithuania for over €565 million under the Recovery and Resilience Facility

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. […]

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Latest business and consumer surveys

Latest update: Flash Consumer Confidence Indicator – 20 December 2022.Next update: Press release business and consumer survey results (incl. ESI, EEI, EUI, sectoral CIs) – 06 January 2023.See also the full schedule for 2022 and 2023. December 2022: Flash Consumer Confidence Indicator for EU and euro area In December 2022, DG ECFIN’s flash estimate of the consumer […]

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Middleby adds beverage services company in latest acquisition

Dive Brief: Foodservice solutions firm Middleby Corporation has acquired Marco Beverage Systems, a designer and manufacturer of beverage dispensing products, according to a Tuesday press release. The tie-up will bring Marco’s array of coffee and water dispensing products into Middleby’s broad lineup of commercial and residential food preparation items for use in c-stores, restaurants and […]

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Majors Management enters Maine with 4th acquisition since November

Dive Brief: Convenience store retailer and fuel distributor Majors Management has acquired all 13 Maritime Farms c-stores from full-service energy company Maritime Energy, according to a Wednesday announcement. The acquisition expands Majors into Maine, the company’s 18th state of operation, according to the announcement. This marks the fourth acquisition since early November for Majors, which […]

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Consumers are spending more on c-store foodservice as 2022 comes to a close

Dive Brief: The amount of money customers spent on foodservice items rose 8% in the three months ending in November compared to the same period a year ago, according to a Tuesday report by The NPD Group. The number of trips to c-stores for food and drinks also rose, increasing 2% year over year during […]

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Back to Basics: How to develop a successful loyalty program

Back to Basics is a monthly series that outlines how c-store operators can get valuable new services up and running. Loyalty programs are quickly becoming one of the core staples of convenience stores, as c-store loyalty members spend about 38% more on average than non c-store loyalty members, according to customer experience vendor Paytronix. Additionally, […]

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