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Parliament insists that national recovery plans must fully meet the agreed requirements and targets for fair and green growth and digital transformation

Legislators sealed a deal obliging multinationals to publically declare what taxes they pay in each EU country, overcoming five years of foot-dragging by some governments.

Assessing the effective and proper spending of the funds  Oversight would improve the Recovery and Resilience Dialogue  MEPs want to receive all relevant information on national recovery efforts, ensuring democratic oversight of the implementation of the Recovery and Resilience Facility (RRF). In a resolution adopted on Thursday with 602 votes in favour, 35 against and 56 abstentions, MEPs restated that, in line with the contents of the RRF Regulation, the European Parliament is entitled to r...

Companies will receive aid to get through the COVID-19 pandemic  Launchpad for investments that would otherwise be difficult to finance  InvestEU should foster strategic, sustainable and innovative investments and address investment gap in targeted sectors.©AdobeStock/G   On Tuesday, MEPs adopted the new InvestEU programme, which will mobilise public and private investments and guarantees simplified access to financing. Parliament endo...

Deflation in the euro area may justify strong ECB intervention  Low interest rates have not benefitted everyone equally  MEPs have told ECB President Christine Lagarde to do what it takes withing the ECBs mandate to stem the difficult times ahead.   MEPs urge the European Central Bank to consider different policy measures to those currently in place to stimulate the EU economy, which faces darkening prospects. The resolution concludes M...

On Wednesday, Parliament approved the Recovery and Resilience Facility, designed to help EU countries tackle the effects of the COVID-19 pandemic.

The Technical Support Instrument will help EU countries prepare the recovery plans needed to access funding from the Recovery and Resilience Facility.