-
European Commission Raises €8 Billion in EU-Bonds, Demonstrating Strong Investor Interest
The European Commission has successfully raised €8 billion in EU-Bonds through its 11th syndicated transaction for 2023. This milestone dual tranche transaction consisted of a new €5 billion, 5-year bond due on 5 December 2028 and a €3 billion tap of the NextGenerationEU Green Bond maturing on 4 February 2048. Investors exhibited robust interest in
-
EU Allocates €110 Million in Humanitarian Aid to Support Ukraine and Moldova
As the war between Russia and Ukraine persists, the humanitarian situation in Ukraine remains dire, with vulnerable communities facing even greater challenges as the winter season approaches. In response to this urgent crisis, the European Commission has announced the allocation of €110 million in humanitarian aid. This funding aims to provide essential services to those
-
European Commission Approves €396 Million in Funding for 171 New LIFE Programme Projects
The European Commission has recently given its approval for 171 new projects across Europe under the LIFE Programme for environment and climate action. With a total worth of over €396 million, these projects will encompass various areas, including nature and biodiversity, circular economy and quality of life, climate change mitigation and adaptation, and clean energy
-
Closing the Gender Pay Gap in the European Union: Progress and Challenges
Women in the European Union continue to face an unjust gender pay gap, with the average disparity standing at 13%. This means that for every €1 a man earns, a woman takes home only €0.87. Equal Pay Day, observed on 15th November, serves as a reminder of the extra days that women must work to
-
Addressing the Growing Challenge of Skills Shortages for SMEs in the EU
A recently conducted Eurobarometer survey has shed light on the persistent challenge of skills shortages faced by Small and Medium-sized Enterprises (SMEs) across all EU member states and sectors. Skills Shortages Across All Company Sizes: The survey reveals that skills shortages have become a serious concern for businesses of all sizes in Europe. As indicated
The Business Press 