The renovated M3 or ‘blue’ metro line in Budapest, Hungary, was inaugurated and opened to passengers. The renovation of this line – whose 17,4 km make it the longest in the city – and of 20 metro stations started in November 2017 and benefitted from €453 million Cohesion Policy funding from the 2014-2020 programming period, out of a total […]
Today, the Commission is presenting the second State of Schengen Report. This report is part of the Commission’s initiative to further reinforce the Schengen governance through a yearly reporting exercise presenting the state of Schengen, identifying challenges and best practices, as well as priority areas for action. The State of Schengen Report will serve as basis for […]
The innovative new technologies of cell culture, tissue engineering and precision fermentation are behind potential new foods such as meat obtained from cultured cells or dairy proteins obtained from microorganisms.
In the week ending 5 May 2023 the net position of the Eurosystem in foreign currency (asset items 2 and 3 minus liability items 7, 8 and 9) increased by EUR 1 billion to EUR 317.4 billion.
First release of aggregated supervisory statistics on less significant institutions, complementing and mirroring existing statistics on significant institutions New statistics cover key indicators on capital, profitability, liquidity and asset quality Time series of data to start from second quarter of 2020, with quarterly updates
On Friday, the WHO Director General declared an end to the Public Health Emergency of International Concern (PHEIC) for the disease caused by the coronavirus SARS-CoV-2. I welcome this important milestone and would like to share some thoughts about what this means for EMA.
HICP inflation expectations revised down for 2023; counterbalancing revisions for 2024 (down) and 2025 (up); longer-term expectations unchanged Real GDP growth expectations revised up for 2023, but down slightly for 2024 and 2025 Unemployment rate expectations revised down for 2023-25
Composite cost-of-borrowing indicator for new loans to corporations increased by 37 basis points to 4.22%; indicator for new loans to households for house purchase increased by 13 basis points to 3.37%; both driven by interest rate effect Composite interest rate for new deposits with agreed maturity from corporations increased by 26 basis points to 2.57%; interest rate for overnight deposits from corporations increased by […]
While the war in Ukraine is dragging on, concerns are mounting about the transboundary environmental damage it has caused. The European Economic and Social Committee (EESC) adopted an own-initiative opinion at its April plenary on the right to a healthy environment in the European Union especially in the context of the war in Ukraine calling for criminalisation of […]
Annual growth rate of broad monetary aggregate M3 decreased to 2.5% in March 2023 from 2.9% in February Annual growth rate of narrower monetary aggregate M1, comprising currency in circulation and overnight deposits, was -4.2% in March, compared with -2.7% in February Annual growth rate of adjusted loans to households decreased to 2.9% in March from 3.2% in February Annual […]