Euro area monthly balance of payments: January 2023

Current account recorded €17 billion surplus in January 2023, up from €13 billion in previous month Current account deficit amounted to €98 billion (0.7% of euro area GDP) in 12 months to January 2023, compared with a surplus of €252 billion (2.0%) one year earlier In financial account, euro area residents’ net sales of non-euro area portfolio investment securities totalled €238 billion […]

Does sustainability require seeing ourselves as part of nature?

Can the way we see ourselves in relation to the natural world create a greater sense of responsibility and stewardship towards nature? Global awareness about the degradation of nature, climate change and unsustainable resource use is increasing and our responses to these challenges need to accelerate. A new European Environment Agency (EEA) briefing, published today, […]

€1.2 million from European Globalisation Adjustment Fund to support 300 dismissed workers in Spain

Today, the European Commission proposed to support 303 workers dismissed by aluminium producer Alu Ibérica in the region of Galicia in Spain with €1.2 million from the European Globalisation Adjustment Fund for Displaced Workers (EGF). The funding will help them find new jobs through tailored guidance and advice, vocational training and job-matching.

Critical Raw Materials: ensuring secure and sustainable supply chains for EU’s green and digital future

Today, the Commission proposes a comprehensive set of actions to ensure the EU’s access to a secure, diversified, affordable and sustainable supply of critical raw materials. Critical raw materials are indispensable for a wide set of strategic sectors including the net zero industry, the digital industry, aerospace, and defence sectors.