Pierre Moscovici

Funding the EU's digital transition: new insights from the Joint Research Centre. Between 2021 and 2027, €207 billion of EU funding will be dedicated to achieving digital objectives. Our new study provides a detailed breakdown of the EU public funding allocated to these objectives, and the results are fascinating: ➡ 27% of overall spending is focused on the digitalisation of public services ➡ 37% is being invested in the digitalisation of businesses ➡ The majority of funding comes from five key EU instruments: Recovery and Resilience Facility, Cohesion Policy, Horizon Europe, Digital Europe Programme, and Connecting Europe Facility-Digital ➡ Italy and Spain are leading the way with the largest budget allocations These findings demonstrate the EU's commitment to harnessing the power of digital technologies to drive growth, innovation, and prosperity. I'm proud to see the Joint Research Centre’s research informing policy decisions and supporting the EU's digital transformation. Explore the full study: https://europa.eu/!H9WgvB

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🇪🇺Today in the plenary of the European Parliament we discussed the report on the implementation of the Recovery and Resilience Facility (RRF), presented by rapporteurs Victor Negrescu and Siegfried Mureşan. ✅️The RRF has proven to be an essential instrument for supporting European economies and promoting significant reforms as part of the common response to the effects of the pandemic. 🗓However, important challenges remain: 51% of the allocated funds still need to be disbursed. At this stage, it is crucial to accelerate implementation in order to achieve all objectives within the deadlines set by the regulations. ▶️The Commission encourages Member States to use all available options for the effective use of resources: 1️⃣strengthen measures that have already proven effective 2️⃣finance strategic projects that already meet the STEP conditions 3️⃣transfer funds to InvestEU or to EU programmes for satellite communications 4️⃣contribute to the future European Defence Industry Programme 5️⃣break down RRF projects in such a way that components which can no longer be completed by August 2026 are financed with national funds, or if eligible, with other longer-term EU funds (such as cohesion policy funds) 📍Simplifying and streamlining national plans is crucial to reduce administrative burdens and meet the planned timelines. The Commission will continue to work closely with Member States to ensure the maximum impact of the RRF resources.

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🚨 Announcing the 𝗙𝗶𝗿𝘀𝘁 𝗢𝗘𝗖𝗗 𝗙𝗼𝗿𝘂𝗺 𝗼𝗻 𝗖𝗼𝘂𝗻𝘁𝗲𝗿𝗶𝗻𝗴 𝗜𝗹𝗹𝗶𝗰𝗶𝘁 𝗧𝗿𝗮𝗱𝗲 🚨 Illicit trade fuels organized crime and threatens economies, security, and human rights. The OECD’s first-ever👉 𝗙𝗼𝗿𝘂𝗺 𝗼𝗻 𝗖𝗼𝘂𝗻𝘁𝗲𝗿𝗶𝗻𝗴 𝗜𝗹𝗹𝗶𝗰𝗶𝘁 𝗧𝗿𝗮𝗱𝗲 will bring together global leaders, policymakers, and industry experts to drive concrete action. 🔎 𝙆𝙚𝙮 𝙃𝙞𝙜𝙝𝙡𝙞𝙜𝙝𝙩𝙨: ✅ 𝗦𝗲𝘁𝘁𝗶𝗻𝗴 𝗮 𝗡𝗲𝘄 𝗦𝘁𝗮𝗻𝗱𝗮𝗿𝗱: OECD will issue its first 🏅 FTZ Certificate, recognizing Consorci de la Zona Franca de Barcelona as a leader in transparency and compliance. Thank you, TIC Council (Hanane Taidi), for your cooperation! ✅ 𝗧𝗵𝗲 𝗛𝘂𝗺𝗮𝗻 𝗖𝗼𝘀𝘁: Former UK Prime Minister, Baroness Theresa May, will highlight the critical links between modern slavery and illicit trade—a deadly combination that fuels exploitation and organized crime. ✅ 𝗙𝗮𝗰𝘁-𝗕𝗮𝘀𝗲𝗱 𝗣𝗼𝗹𝗶𝗰𝘆: Chief economists from the UK (Rich Corken), EU (Nathan Wajsman), and Swiss (Hansueli Stamm) IP offices will discuss the importance of data-driven policymaking. Transnational Alliance to Combat Illicit Trade will also launch its Illicit Trade Index, providing new insights into global illicit markets (Jeffrey Hardy). ✅ 𝗣𝘂𝗯𝗹𝗶𝗰-𝗣𝗿𝗶𝘃𝗮𝘁𝗲 𝗖𝗼𝗹𝗹𝗮𝗯𝗼𝗿𝗮𝘁𝗶𝗼𝗻: A keynote from Andrew Wilson, ICC Deputy Secretary General, will emphasize the need for cooperation. Leaders from Procter & Gamble, Novartis, and Amazon will share their perspectives on tackling illicit trade within global supply chains. ✅ 𝗧𝗿𝗮𝗱𝗲-𝗕𝗮𝘀𝗲𝗱 𝗠𝗼𝗻𝗲𝘆 𝗟𝗮𝘂𝗻𝗱𝗲𝗿𝗶𝗻𝗴: Experts from the Financial Action Task Force (FATF), Business at OECD (BIAC), and UNODC will explore how criminals exploit trade channels to launder money—and how we can stop them. (David M. Luna 🦏 🌎 🐘 Threat Convergence ≜ Kine-Dynamics) This Forum is a significant step in strengthening global efforts to combat illicit trade and organized crime. Looking forward to robust discussions and meaningful collaborations! #OECD #IllicitTrade #ModernSlavery #PublicPrivatePartnerships #Enforcement #CleanTradeZones Leonor Sanhueza Arancibia, Maria Camila Moreno, Jaroslaw Mrowiec, Noga H. 📅 𝗠𝗮𝗿𝗰𝗵 𝟭𝟴–𝟭𝟵 📍 𝗔𝗴𝗲𝗻𝗱𝗮 (with Zoom links): https://lnkd.in/eCgWGbej

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