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Europe News
EIB to invest €95bn in 2025, but only €2bn for defence
The EIB, the largest multilateral lender, will double its funding for defence and security from €1 billion to €2 billion by 2025. Its group president defends a proactive approach to both sectors within the bank's remit. "We are not a defence ministry," she said on Thursday.
Europe News
Unions and NGOs fearful of EU Commission's new pro-business plan
Civil society groups and unions are nervous about the political turn taken by the European Commission under Ursula von der Leyen’s second presidency, and warn its new Competitiveness Compass could steer it away from green deal aspirations and workers’ rights.
Space
Kubilius: Space is an EU top priority, but budget is still limited
In ten years, the global space economy could triple in size. Europe wants to remain at the forefront of this sector, but risks being left behind if words are not matched by action, said EU Commissioner for Space and Defence Andrius Kubilius.
Europe News
Use of EU funds to lobby MEPs was ‘inappropriate’, commissioner says
The conservative European People’s Party (EPP) has questioned the use of public funds for campaigns they say run against the EU’s own interests. The Commission says it’s fixed the problem, but some see it as part of a wider attack on environmental campaigners.
Health news
As the US exits the WHO, can the EU fill the gap in global health?
With Donald Trump’s plans to cut ties with the World Health Organisation (WHO), the international agency stands to lose not only $1 billion but one of the most influential actors on global health. Will the EU try to fill this gap?
Tech News
Trump rollback jeopardises EU-US data transfers: privacy activist says
First-day executive orders signed by the new US president could make it impossible for thousands of EU businesses and public bodies to use US cloud providers such as Google, Microsoft and Amazon without breaching EU privacy.
Europe News
EU plans to shield farmers from free trade deal with South America
The European Commission has proposed financial support for farmers negatively impacted by the EU-Mercosur trade agreement – but the safety net would only be triggered in the ‘worst-case scenario’ and the EU executive says it won’t be needed.