Monthly Archives: June 2020

The EU’s annual budget for 2021 focuses on the European recovery

The Commission has proposed an EU budget for 2021 of € 166.7 billion. The budget will be further complemented by grants of € 211 billion and loans from the EU's Next Generation instrument, a temporary recovery instrument aimed at mobilizing investment and boosting the European economy. The annual budget and this instrument will mobilize significant…
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The Commission has approved a 40 milion euro Croatian guarantee program for small and medium-sized enterprises in the cultural and creative industries sectors

The European Commission has approved 40 milion euro (300 milion kn) Croatian program to support small and medium-sized enterprises (SMEs) operating in the cultural sector and the creative industries, which have been among the most affected by the coronavirus epidemic. The ban on gatherings, the cancellation of cultural events, the closure of theaters, cinemas and…
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NextGenerationEU – Adopted EU budget for recovery

On 27 May 2020, the President of the European Commission, Ursula von der Leyen, presented the backbone of the recovery plan, which will be a new instrument for recovery and resilience. The instrument will provide financial support for investments and reforms that are crucial for a lasting recovery, improving the economic and social resilience of…
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