Grids for Speed Report

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Photo by Andrey Metelev on Unsplash Europe’s distribution grids need to be urgently modernised to enable massive electrification of transport, heating and industry, integrate renewables and withstand more frequent extreme weather and cyber threats.  That is according to a major new report, published on Wednesday, by the body representing the industry. Eurelectric’s “Grids for Speed” study shows that…

EU Attitudes to Migration

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Photo by Julie Ricard on Unsplash In some countries, emigration outweighs immigration as a concern. according to a new survey. It comes just ahead of the keenly awaited EU elections this June. Ahead of the poll, the European Council on Foreign Relations (ECFR) tested public attitudes towards key themes of the political campaigns – including migration, the performance…

Copernicus Publishes State of Climate Report

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Photo by Markus Spiske on Unsplash The EU Copernicus Climate Change Service has published jointly with the UN World Meteorological Organisation (WMO) its  state of the climate report. It came out on Monday: Earth Day 2024. The report is based on scientific data and analysis and showcases the “continued alarming trend” of rising temperatures and climate change impacts across…

Europe Shifts to Populist and Authoritarian Parties

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Photo by Christian Lue on Unsplash Support for authoritarian parties across Europe stands at 26.9%, finds new Populism Index The Authoritarian Populism Index published by Timbro and EPICENTER, finds that 26.9ercent of Europeans support authoritarian political parties both on the left and right wings of the political spectrum. The main conclusions of the report are: Average support for left and…

Fighting for a Fairer Future

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Photo by Yoal Desurmont on Unsplash A conference will be held this month in Brussels in recognition of the contribution made to society by the Roma community, including in the conflict in Ukraine. It comes also with the publication of a new report “Fighting for a Fairer Future” by the Roma Foundation for Europe which highlights the contribution made…

EU Not Attractive as Business Location

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Photo by Fas Khan on Unsplash There has been no improvement in the declining attractiveness of the EU as a business location, says a new report. It adds that the majority of business federations believe that the EU’s attractiveness as investment destination for global firms stagnated or declined over the past year. The EU is a less attractive investment location in…

€453 Billion to Rebuild Ukraine

The total cost of reconstruction and recovery in Ukraine in the next ten years is $486 billion (€452.8 billion), a new report says. This is up from $411 bn (€383 billion) estimated one year ago. This comes after almost two years of Russia's full scale invasion of Ukraine. This damage is the assessment by the Government of Ukraine, the World Bank Group, the European Commission, and the United Nations, all known as RDNA3. In 2024 alone, Ukrainian authorities estimate the country will need around $15 billion (€14 billion) for immediate reconstruction and recovery priorities at both the national and community level. The focus is on supporting and mobilizing the private sector alongside restoration of housing, soft infrastructure and services, energy, and transport. The RDNA3 highlights that while some $5.5 billion (€5.1 billion) of this funding has been secured, from both Ukraine's international partners and its own resources, about $9.5 billion (€8.9 billion) is currently unfunded. Prime Minister of Ukraine Denys Shmyhal said,"Despite the ongoing full-scale war, the Ukrainian government, with the support of international partners, continues to implement a rapid recovery programme. “The execution of the Third Rapid Damage and Needs Assessment (RDNA3) allows us to approach this process more systematically. We are grateful to the World Bank and other partners for this work. "We see that the needs for reconstruction have continued to grow over the past year. “The main resource for Ukraine's recovery should be the confiscation of Russian assets frozen in the West. We need to start this process already this year. “Concurrently, the Ukrainian government is creating conditions to attract private investments, which will accelerate the reconstruction process and transform our country on its path to the EU."

Photo by Robert Anasch on Unsplash The total cost of reconstruction and recovery in Ukraine in the next ten years is $486 billion (€452.8 billion), a new report says. This is up from $411 bn  (€383 billion) estimated one year ago. This comes after almost two years of Russia’s full scale invasion of Ukraine. This damage is the assessment…

EU Paper Industry Decreases

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Photo by Thomas Charters on Unsplash Production in the paper and board industry suffered a second consecutive year of contraction, decreasing by 12.8%, a new report says. After a year 2022 marked by sky high energy prices, the decrease in production in 2023 continues to be more pronounced even than it was during the Covid-19 crisis (-4.7% in…