Category: Scandinavia

  • MIL-OSI United Kingdom: 1,000 British jobs supported by deal to bolster fleet of sub-hunting helicopters

    Source: United Kingdom – Government Statements

    Press release

    1,000 British jobs supported by deal to bolster fleet of sub-hunting helicopters

    The Royal Navy’s submarine-hunting Merlin helicopters will receive world-class maintenance under a £165 million contract extension, supporting 1,000 skilled UK jobs.

    Merlin Mk4 helicopter

    • £165 million contract with Leonardo to secure upkeep of the Royal Navy’s fleet of 54 Merlin helicopters.
    • Contract supports 1,000 UK jobs with 200 in Somerset and 800 across wider UK supply chain, delivering on the government’s Plan for Change.
    • Merlin helicopters are submarine hunters and capable of intercepting pirates and drug runners, saving the lives of stricken mariners, and delivering stores and people.

    The agreement supports the government’s Plan for Change by bolstering national security and boosting the economy, with the Ministry of Defence ensuring the defence sector is an engine for growth in every nation and region of the UK.

    It will sustain 200 jobs at Leonardo’s helicopters facility in Yeovil, Somerset, and 800 more across the wider UK supply chain, and covers the fleet of 30 Merlin Mk2 maritime patrol helicopters and 24 Merlin Mk4 amphibious and battlefield lift aircraft.

    The deal contributes to the Government’s commitment to secure Britain’s future through the Plan for Change, which is delivering security and renewal by kick-starting economic growth to put more money in working people’s pockets.

    The Mk2 helicopters are submarine hunters and can also carry out search and rescue operations, intercept drug runners and pirates, and support humanitarian relief efforts.

    Armed with Sting-Ray Torpedoes and M3M .50 calibre machine guns, the Mk2 helicopters provide the Royal Navy with anti-submarine and anti-surface support.

    They also use powerful radars high above the Navy’s carrier strike groups for airborne surveillance and control. The Mk4 fleet provides troop transport, casualty evacuation and can carry medium lift loads of up to 3.8 tonnes.

    These versatile aircraft were recently deployed on Operation CLOCKWORK in Norway, which involved the training of Commando Helicopter Force air and ground crew, and will participate in the upcoming Carrier Strike Group (CSG25) deployment.

    Minister for Defence Procurement and Industry, Rt Hon Maria Eagle MP, said:

    Our fleet of world-class Merlin helicopters provide the Royal Navy with a vital advantage over our adversaries, keeping our carrier strike groups safe and enhancing their battle-winning capability.

    This investment demonstrates our unwavering commitment to maintaining cutting-edge defence capabilities that keep us safe, while utilising defence as an engine for economic growth, supporting 1,000 well-paid jobs across the UK.

    As well as jobs based in Somerset, the agreement will support jobs at RNAS Culdrose in Cornwall.

    The UK defence sector underpins our national resilience and is a vital engine for growth, supporting 434,000 jobs across the country. Today’s news follows the announcement of the largest sustained increase in defence spending since the Cold War, as the government will hit 2.5% of GDP spend by April 2027, and has a commitment to hit 3% in the next Parliament.

    Leonardo is the prime contractor for the expert maintenance, with Lockheed Martin and SERCO appointed as key sub-contractors.

    Nigel Colman, Managing Director, Leonardo Helicopters UK, said:

    We’re extremely proud to have provided the UK’s AW101 Merlin fleet from the Home of British Helicopters in Yeovil.

    Working closely with the Ministry of Defence and Royal Navy, we’re keeping the Merlin fleet supported and available, so it’s ready to fly whenever and wherever it’s called upon.

    At the same time, we’re looking towards how Merlin will be supported the in years to come under the Rotary Wing Enterprise (RWE) agreement, which will transform how support will be delivered across the whole UK rotary fleet.

    Updates to this page

    Published 1 April 2025

    MIL OSI United Kingdom

  • MIL-OSI Europe: Piero Cipollone: Enhancing cross-border payments in Europe and beyond

    Source: European Central Bank

    Speech by Piero Cipollone, Member of the Executive Board of the ECB, at the Regional Governors’ Meeting

    Osijek, 1 April 2025

    As we gather here today in Osijek, we stand at a crossroads in the world of payments.

    Digitalisation is driving economic progress and transforming the way we make retail payments, yet there is growing frustration that the dramatic decline in IT and telecommunications costs has not been reflected in lower fees for cross-border payments in many parts of the world.

    This has proven to be an obstacle to economic integration, including in this part of Europe. For instance, a small business owner here in Croatia trying to make a €5,000 transfer to a supplier in a Western Balkan economy that is not part of the Single Euro Payments Area (SEPA) faces costs up to 12 times higher than when sending the same amount to a counterpart within SEPA.[1]

    Such disparities are a barrier to growth. Addressing them is a priority, not only to reduce costs but also to drive economic development and bring us closer together. This is why the expansion of SEPA is so important and a key milestone on the European integration path.

    Montenegro, Albania and North Macedonia recently joined SEPA.[2] This paves the way for the payment service providers in these countries to be operationally ready to offer SEPA transfers as of October[3], facilitating transfers in euro at a considerably reduced cost. We also very much support the efforts being made in the other Western Balkan economies towards joining SEPA.

    The pressing need to enhance cross-border payments is not just a regional concern, it is a matter of urgency worldwide. As international transaction volumes have surged, outstripping GDP growth, the economic toll of inefficient cross-border payments has continued to mount. Despite technological advancements and recent improvements, progress is heterogeneous across countries and cross-border payment transactions remain expensive and slow in many places.

    Moreover, the shifting geopolitical landscape has introduced a new dimension to this challenge. Rising geopolitical tensions have spurred initiatives to create alternatives to existing global infrastructure. This could lead to fragmentation of the global financial system into multiple, non-communicating blocs, which would further hamper the efficiency of cross-border payments and contribute to the refragmentation of trade and investment. In parallel, the emergence of stablecoins – which the United States intends to promote worldwide[4] – brings its own risks, including for currency substitution.

    The Eurosystem is responding proactively to these challenges in line with the G20 Roadmap for enhancing cross-border payments.[5] Our approach rests on two pillars: on the one hand, harnessing the potential of fast payment systems to enhance the efficiency of cross-border payments and deliver tangible improvements in speed and cost; on the other, continuing to respect the sovereignty and stability of our partners. This can be achieved by interlinking fast payment systems across countries. In other words, we are aiming to address inefficiencies and build lasting connections that are rooted in trade openness and balanced relationships with our partners – goals which have long been a hallmark of the European approach to economic integration.

    Today, I will focus on three points. First, I will examine the current state of cross-border payments. Second, I will discuss how geopolitical fragmentation is creating a further imperative to act. Lastly, I will present the Eurosystem’s strategic response to these challenges, which includes initiatives such as interlinking fast payment systems and exploring the possible use of a digital euro in third countries.

    The state of cross-border retail payments

    Over the past few decades, the world has witnessed a significant surge in cross-border payments, driven by the globalisation of trade, capital and migration flows. Cross-border payment flows are projected to double to €268 trillion by 2030.[6] But despite this significant expansion and the improvements that have resulted from international efforts, international payments too often remain prohibitively expensive and inefficient.[7]

    While domestic payments have undergone a digital revolution – becoming faster, cheaper and more accessible – cross-border transactions have yet to fully benefit from these technological advancements.[8] The average cost of international retail payments remains high: for nearly one-quarter of global payment corridors, costs exceed 3%. And in too many cases, cross-border payment is still slow: one-third of retail cross-border payments took more than one business day to be settled in 2024.[9]

    These inefficiencies raise three pressing issues that demand our attention.

    First, high costs and slow transaction times are undermining economic integration and growth. Small and medium-sized enterprises (SMEs), which form the backbone of many economies are disproportionately affected. For SMEs operating on tight margins, exorbitant fees are not just an inconvenience but a barrier that often discourages them from engaging in cross-border trade. According to research by the World Bank, in 2023 it cost SMEs about ten times more to transfer €5,000 between Western Balkan economies than between EU countries.[10]

    Second, the world’s most vulnerable groups – such as migrant workers sending remittances home – bear a disproportionate share of these costs. Remittances are a lifeline for millions of families worldwide, supporting one in nine people globally. Yet sending money home remains prohibitively expensive in many regions. The cost of remittances to the Western Balkan economies averaged 6.7% until recently[11], only slightly below the 7.7% paid in Sub-Saharan Africa[12]. The impact that reducing these fees will have on financial inclusion and well-being cannot be overstated. The World Bank has estimated that by meeting the global Sustainable Development Goal target of 3%, the Western Balkan economies would save approximately half a billion euros per year.[13]

    Third, the inefficiencies affecting cross-border payments have created a vacuum that alternative players, particularly in the crypto-asset space, are eager to fill. However, many of these solutions come with significant risks that cannot be overlooked. Unbacked crypto-assets, for instance, are highly volatile and speculative in nature, creating risks for unsuspecting households and businesses.

    Furthermore, the United States’ push to maintain the dollar’s global dominance through the promotion of stablecoins worldwide presents its own set of challenges. While stablecoins may be touted as the solution to a problem, they in fact create new problems that require a solution. Unless they are properly regulated according to the Financial Stability Board principles (as achieved in Europe through the Regulation on markets in crypto-assets[14]), they cannot guarantee convertibility at par value at all times and are susceptible to runs. They may thus destabilise the very system they are meant to improve. Also, because 99% of stablecoins are denominated in US dollar and their expansion could leverage the global customer base of big tech companies[15], they could considerably increase currency substitution risks, leading to “digital dollarisation”.[16] This would impair the effectiveness of domestic monetary policy and increase financial stability risks by amplifying capital outflows in response to negative shocks. This could have a destabilising effect on emerging markets and less developed economies, particularly small economies integrated in global value chains.[17]

    Geopolitical fragmentation

    That brings me to my second point: the fundamentally changed international order and its potential to fragment payment systems worldwide.

    Rising geopolitical tensions are reshaping the very foundations of cross-border payments and endangering the global rules-based system. This could challenge established correspondent banking networks and messaging systems such as Swift.

    At a time when we should be integrating payment systems to reduce their complexity and cost for users, separate platforms have sought to create alternatives to existing global infrastructures. This trend began as early as 2013 when Iran, in response to its exclusion from Swift, created its own messaging system. Russia followed suit in 2014 with the System for Transfer of Financial Messages after its annexation of Crimea. China’s Cross-Border Interbank Payment System, launched in 2015, has seen remarkable growth, with over 1,500 financial institutions using it in 2024, a number that has more than doubled since 2018.

    The pace of these initiatives has accelerated significantly since Russia’s invasion of Ukraine. In the past two years alone, we have seen nearly 20 new initiatives from countries in emerging markets aimed at bypassing Swift and western correspondent banks. At the BRICS Summit in October 2024, member countries agreed to explore the feasibility of establishing an independent cross-border settlement and depositary infrastructure, BRICS Clear.[18]

    These developments raise serious concerns about the potential fragmentation of the global financial system. We could face disrupted international capital flows and reduced efficiency as the system risks being splintered into multiple, non-communicating blocs.

    For the euro’s international role[19] to contribute to preserving a stable and integrated financial system, the euro needs to provide the benefits of a global public good.[20] We must ensure it can reliably connect various parts of the global payments system and deliver tangible benefits in terms of speed and cost, while respecting the integrity, sovereignty and stability of our partners.

    The Eurosystem’s strategy for efficient and open cross-border payments

    In this context, the European Central Bank (ECB), together with euro area national central banks, is promoting a strategy for the integration of global cross-border payments to address inefficiencies while maintaining openness. This strategy rests on two main initiatives.[21]

    Interlinking fast payment systems

    The first is the interlinking of fast payment systems. Over the past decade, central banks have made significant improvements to the backend infrastructure for facilitating payments, thereby fostering the digitalisation of domestic payment systems. As of today, over 100 jurisdictions worldwide have implemented their own fast payment systems.[22] There is already evidence that the global network of fast payment systems tends to be segmented along geopolitical lines[23], but interlinking these systems could help overcome this fragmentation and extend the benefits of digitalisation to cross-border payments.

    This approach offers several advantages. It would reduce costs, increase the speed and transparency of cross-border payments and shorten transaction chains. It would also enable payment service providers to conduct transactions without having to use multiple payment systems or a long chain of correspondent banks. Moreover, it would ensure that the platform to connect and convert currencies would be managed as a public good, thus avoiding closed loops and discriminatory pricing. Accordingly, the G20 Roadmap has identified interlinking as a key strategy for enhancing cross-border payments.[24]

    Europe serves as a compelling example of what this interconnected payments landscape might look like. Within the euro area, account holders can transfer funds instantly 24/7 through the TARGET Instant Payment Settlement (TIPS) service. A key feature of TIPS is that it is a multi-currency platform that settles instant payments within a payment scheme – the SEPA Instant Credit Transfer scheme – governed by uniform rules, standards and protocols, avoiding the risk of fragmentation.

    Taking advantage of this multi-currency feature, Sweden is already using TIPS for making fast payments in kronor.[25] Denmark will do the same as of this month[26] and Norway as of 2028[27].

    In October 2024 the ECB’s Governing Council decided to take concrete steps towards interlinking TIPS with other fast payment systems to improve cross-border payments globally.[28]

    First, a cross-currency settlement service will be implemented within TIPS. This will make it possible for instant payments originating in one TIPS currency to be settled in another. Initially, this service will enable cross-currency payments between the euro area, Sweden and Denmark.[29]

    Second, a cross-currency settlement service will be implemented for the exchange of cross-border payments between TIPS and other fast payment systems globally.[30] This will allow to explore interlinking TIPS with fast payment systems that have a compatible scheme, are interested in being involved and ensure full compliance with the standards set by the Financial Action Task Force to combat money laundering and terrorist financing.

    Third, the Eurosystem will explore connecting TIPS to a multilateral network of instant payment systems through Project Nexus, led by the Bank for International Settlements (BIS).[31] By connecting to Nexus, TIPS could evolve into a hub for processing instant cross-border payments to and from the euro area and other countries that are using TIPS.[32]

    Fourth, the Eurosystem is currently assessing the feasibility of creating a bilateral link with India’s Unified Payments Interface (UPI).[33] UPI has the highest instant payment transaction volumes in the world, with close to 500 million transactions per day[34], and India is among the top ten recipients of euro area remittances.

    We are going even further to address the situation in the Western Balkans, since most countries in the region do not yet have a fast payment system.[35] As a service provider for TIPS, Banca d’Italia is working with the central banks of Albania, Bosnia and Herzegovina, Kosovo and Montenegro to develop an instant multi-currency payment system based on TIPS software, with North Macedonia potentially joining at a later stage.[36] The new platform will make it possible to pay instantly within each country and across countries. It will also ease the path towards enabling instant payments between participating countries and the euro area.

    The international role of the digital euro

    Now let me turn to the second initiative we are exploring to enhance cross-border retail payments, namely the creation of a digital euro and its use in third countries.

    A digital euro would be a central bank digital currency, an electronic equivalent to cash. It would complement banknotes and coins, giving people an additional option that they could use free of charge for any digital payment across the euro area. It would work both online and offline in shops or when making person-to-person or e-commerce transactions. Moreover, it would provide a European infrastructure that could be used by private payment service providers to offer their own solutions across the continent, thereby fostering competition and innovation.

    While the digital euro would primarily be used in the euro area, it is worth considering its possible international use. The current draft legislation foresees an approach that respects the sovereignty of third countries, mitigates potential risks for them and offers them new opportunities.

    Non-euro area residents could have access to the digital euro when visiting the euro area temporarily by setting up an account with a European payment service provider. We also believe that we could enable merchants outside the euro area to accept digital euro payments from euro area residents.[37]

    Moreover, users outside the euro area could be granted permanent access to the digital euro subject to an agreement between the EU and third countries, complemented by an arrangement between the ECB and the respective central banks.[38]

    In any case, use of the digital euro in third countries would be implemented gradually and with the appropriate safeguards to ensure that it would be used primarily as a means of payment and would not stoke currency substitution. For instance, individual holding limits for users outside the euro area would not be allowed to exceed the limits set for euro area residents and citizens.

    Moreover, the digital euro’s design includes multi-currency enabling features similar to those of TIPS. In practice, this means that non-euro area countries could use the digital euro infrastructure to offer their own digital currencies, thus facilitating transactions across these currencies. The digital euro could therefore provide a solution for offering and transferring central bank digital currencies internationally and serve as a platform for innovation in cross-border payments. On this basis, the digital euro could facilitate cross-border payments and remittances, making them more efficient and cost-effective.

    Conclusion

    Let me conclude.

    We find ourselves at a pivotal moment in the evolution of cross-border payments. The current geopolitical landscape threatens to fragment our global payment systems, potentially leading to inefficiencies and reduced transparency. However, this challenge also presents an opportunity for positive change.

    The region where we are meeting today exemplifies the challenges we face, what we can achieve through collaboration and the potential for further progress.

    As we move forward, our goal is clear: we must develop safer, more accessible alternatives that make global payments cheaper, faster and more transparent, without compromising on integrity, stability and sovereignty.

    The time for action is now. Through innovation, interoperability and a commitment to open financial markets, we can build a global payment system that is resilient to geopolitical shifts and can support economic growth and financial inclusion worldwide.

    MIL OSI Europe News

  • MIL-OSI Europe: REPORT on Parliament’s estimates of revenue and expenditure for the financial year 2026 – A10-0048/2025

    Source: European Parliament 2

    MOTION FOR A EUROPEAN PARLIAMENT RESOLUTION

    on Parliament’s estimates of revenue and expenditure for the financial year 2026

    (2024/2111(BUI))

    The European Parliament,

     having regard to Article 314 of the Treaty on the Functioning of the European Union,

     having regard to Council Regulation (EU, Euratom) 2020/2093 of 17 December 2020 laying down the multiannual financial framework for the years 2021-2027[1] and to the joint declaration agreed between Parliament, the Council and the Commission in this context[2] and the related unilateral declarations[3],

     having regard to Council Regulation (EU, Euratom) 2022/2496 of 15 December 2022 amending Regulation (EU, Euratom) 2020/2093 laying down the multiannual financial framework for the years 2021 to 2027[4],

     having regard to the Council Regulation (EU, Euratom) 2024/765 amending Regulation (EU, Euratom) 2020/2093 laying down the multiannual financial framework for the years 2021 to 2027[5] (”MFF Revision”),

     having regard to its legislative resolution of 16 December 2020 on the draft Council regulation laying down the multiannual financial framework for the years 2021 to 2027[6],

     having regard to its resolution of 15 December 2022 on upscaling the 2021-2027 multiannual financial framework: a resilient EU budget fit for new challenges[7],

     having regard to its resolution of 3 October 2023 on the proposal for a mid-term revision of the multiannual financial framework 2021-2027[8],

     having regard to its resolution of 27 February 2024 on the draft Council regulation amending Regulation (EU, Euratom) 2020/2093 laying down the multiannual financial framework for the years 2021 to 2027[9],

     having regard to Regulation (EU, Euratom) 2024/2509 of the European Parliament and of the Council of 23 September 2024 on the financial rules applicable to the general budget of the Union (recast)[10] (the “Financial Regulation”),

     having regard to the Interinstitutional Agreement of 16 December 2020 between the European Parliament, the Council of the European Union and the European Commission on budgetary discipline, on cooperation in budgetary matters and on sound financial management, as well as on new own resources, including a roadmap towards the introduction of new own resources[11],

     having regard to the general budget of the European Union for the financial year 2025[12] and the joint statements agreed between Parliament, the Council and the Commission annexed hereto,

     having regard to the Secretary-General’s report to the Bureau on drawing up Parliament’s preliminary draft estimates for the financial year 2026,

      having regard to the preliminary draft estimates drawn up by the Bureau on 10 March 2025 pursuant to Rules 25(7) and 104(1) of Parliament’s Rules of Procedure,

      having regard to the draft estimates drawn up by the Committee on Budgets pursuant to Rule 104(2) of Parliament’s Rules of Procedure,

      having regard to Rule 104 of its Rules of Procedure,

      having regard to the report of the Committee on Budgets (A10-0048/2025),

    A.  whereas the budget proposed on 10 February 2025 by the Secretary-General for the Parliament’s preliminary draft estimates for 2026 amounts to EUR 2 641 609 620 and represents an increase of 4,30 % or EUR 108 914 512 compared to 2025 budget;

    B.  whereas the Union annual inflation was 2,8 % in January 2025 according to Eurostat, up from 2,7 % in December 2024; whereas the level of expenditure in Heading 7 of the multiannual financial framework (MFF) 2021-2027 is based on a 2 % yearly increase;

    C.  whereas the credibility of the Parliament depends on its ability to deliver on its core budgetary, legislative and scrutiny work to the highest standard, while setting an example vis-à-vis other Union institutions to plan and conduct its spending prudently and efficiently and to reflect the prevalent economic realities;

    General framework

    1. Is concerned with the situation of Heading 7 in the current MFF; recalls that the constraints are the results of the cuts applied by the Council to the Commission’s already very low initial proposal when agreeing on the current MFF 2021-2027; regrets the Council’s opposition to the Commission’s proposal to increase the ceiling of Heading 7 in the MFF revision as from 2024; points out the failure to address the issue of the ceiling of Heading 7 in the MFF revision; highlights that the forecasted negative margin for 2026 presupposes the use of special instruments in Heading 7 for that purpose;

    2. Endorses the agreement reached in the Conciliation between the Bureau and the Committee on Budgets on 18 March 2025 to set the increase over the 2025 budget at 4,09 %, corresponding to an overall of estimates of EUR 2 636 241 620 for 2026, and to reduce accordingly the appropriations proposed on the following budget lines for a total of EUR 12 378 000:

    1 0 0 6 — General expenditure allowance, 1 4 2 — External translation services, 2 0 0 0 — Rent, 2 0 0 7 — Construction of buildings and fitting-out of premises, 2 0 2 4 — Energy consumption, 2 1 0 1 — Business applications management, 3 2 0 — Acquisition of expertise, 3 2 4 3 — European Parliament visitors’ centres, 3 2 4 8 — Expenditure on audiovisual information, 4 4 — Meetings and other activities of current and former Members;

    furthermore, it was decided to increase the level of expenditure of the preliminary draft estimates approved by the Bureau on 10 March 2025 by EUR 7 010 000 and to increase accordingly the appropriations proposed on the following budget lines:

    1 2 0 0 — Remuneration and allowances, 1 6 3 0 — Social welfare: welfare expenditure, 4 0 0 — Current administrative expenditure and expenditure relating to the political and information activities of the political groups and non-attached Members, and 4 0 3 — Funding of European political foundations;

    finally, it was agreed to modify the budgetary remarks of item 1 6 3 0 — Social welfare: welfare expenditure to include the reference to the APA Committee;

    3. Recalls that almost two-thirds of the budget is fixed by statutory obligations; notes that out of the increase of EUR 103,5 million compared to the 2025 budget an increase of EUR 85,3 million is due to statutory financial obligations, mainly for salary updates of officials and temporary staff (EUR 52,7 million), of contract agents (EUR 9,2 million) and of accredited parliamentary assistants (EUR 15,1 million); recalls that the salary indexation, in line with the Staff Regulations and Statute for Members of the European Parliament, is currently forecasted by the Commission for April 2025, July 2025, April 2026 and July 2026 at 1,2 %, 4,6 %, 0,6 % and 3,4 % respectively;

    4. Notes that the Parliament does not request any additional posts for 2026, the third year in a row;

    5. Notes that the increase for non-statutory expenditures between 2025 and 2026 is 1,96 %;

    6. Welcomes the initiative of the Secretary-General to conduct a major screening exercise aimed at identifying opportunities for administrative simplification, eliminating inefficiencies and ensuring tangible cost reductions, thereby increasing efficiency and ensuring a smart use of resources; asks the Secretary-General to provide the Committee on Budgets with semestrial updates on the actions taken and on the Action Plan on Simplification as well as their impact in terms of budget and staff; underlines that administrative procedures and human resources management represent a heavy burden for Members, in particular when hiring local assistants, and calls for simplification in that regard;

    7. Notes that Parliament’s budget should be established on a realistic basis, in compliance with the principles of budgetary discipline and sound financial management; highlights that it is essential to ensure that financial prudence and security remain key priorities while guaranteeing that these measures do not impede the efficiency, effectiveness and operational capacity of the institution and its essential staff in carrying out their duties successfully; stresses that, given the geopolitical context and the investments that the Union will have to make for its strategic autonomy, the Parliament must set an example in the management of its budget;

    8. Highlights Parliament’s role in building European political awareness and promoting Union values and policies such as the digital and green transition; stresses that transparency, accountability, gender equality and integrity are essential principles within the Union institutions and particularly Parliament as a house of European democracy;

    Strengthening Parliament’s core functions

    9. Takes note of the four new thematic Directorates-General (DGs) created in September 2024, responsible for legislative, budgetary and scrutiny activities, from the previous Directorate-General for Internal Policies, in order to improve the functioning of Parliament as a co-legislator, as one arm of the budgetary authority, and as discharge authority; requests the Secretary-General to provide the Committee on Budgets with regular updates on the evolution of work and staff in these DGs;

    10. Recognises the need for more political decision-making based on evidence and facts; takes note of the budget of EUR 16,75 million to strengthen Parliament’s administrative capacity in supporting Members in their parliamentary work and reinforcing its capacity to navigate complexity and uncertainty;

     

    11. Stresses the crucial role of political groups in providing expertise and political support to Members in their legislative and parliamentary work; underlines the need to ensure the important objective of strengthening Parliament’s capacity to support the work of Members;

    Digital transition

    12. Underlines that Parliament’s cybersecurity is a key priority; notes that the overall IT budget represents 7,40 % of the total budget in the 2026 estimates; stresses the importance of a sound cybersecurity infrastructure in geopolitically turbulent times and welcomes the increase in the appropriations dedicated to cybersecurity; supports the planned gradual increase of the cybersecurity financial appropriations to 10 % of Parliament’s ICT budget by 2027;

    13. Welcomes the adoption by the Bureau on 10 February 2025 of the Framework on an internal cybersecurity risk management, governance and control framework; recalls that investments in cybersecurity are key to protect the democratic voice of the Parliament and the Union;

    14. Welcomes investments in Artificial Intelligence (AI) amounting to EUR 1 million; calls for the use of AI to be increased in order to gain efficiencies, while keeping in mind the related risks, including ethics and data protection; highlights the potential of AI to streamline administrative processes; stresses that AI deployment must balance innovation with necessary safeguards; notes that the development of AI will be closely monitored in line with the principles established by the Bureau, which include among others a thorough risk assessment with the use of new technologies; calls the Secretariat to provide solutions, such as applications and tools, to be made available to Members and staff as soon as possible;

    Green transition

     

    15. Welcomes Parliament’s environmental management system (EMAS) targets for 2025-2029; recalls that energy efficiency investments are a good method of achieving value for money; takes note of the budget of EUR 8,45 million for investments on energy efficiency and environment in the 2026 estimates to further improve the environmental performance of its buildings; notes that this corresponds to an increase of 74 % compared to 2025 budget; acknowledges however, that these environmental actions are part of the 2007 ‘Construction of building and fitting out of premises’ budget line whose grand total has decreased by EUR 3,7 million in 2026 vs 2025;

     

    16. Recalls that nearly two-thirds of Parliament’s carbon footprint originate from the transportation of people; calls for a reasonable decrease of travel for meetings that can be effectively conducted remotely or in hybrid mode and to promote a shift to low carbon alternatives for all remaining travel, in so far as this does not affect the quality of legislative and political work;

     

    17. Takes note of the projected increase in carbon credits prices, that with the current emissions levels would need an estimated EUR 900 000 for 2026; calls the administration to continue decreasing, in line with sound financial management, Parliament’s emissions over buying carbon credits; welcomes the introduction of an enhanced train offer for missions to Strasbourg as of July 2025, as a positive step towards reducing CO2 emissions;

     

    18. Notes that Parliament has installed and is continuing to install photovoltaic solar panels to further increase the share of renewable energy produced on-site to reach the target of 25 %; takes note of the answers provided by the Secretary-General to Parliament’s estimates of revenue and expenditure for the financial year 2024 pointing out that a study on the use of photovoltaic panels for Strasbourg buildings was carried out in 2022 and was completed in 2023 and that further studies were to be conducted in 2024 for viable solutions, in particular for the WEISS building;

    Multilingualism, communication and disinformation

     

    19. Highlights that multilingualism is a key principle on which Parliament’s work is based; takes note of the revision of the Code of Conduct on Multilingualism planned for spring 2025; asks that, where appropriate, Parliament capitalise on major technological evolutions in multilingualism-related services, including the development and use of AI; asks the Secretary-General to timely inform the Committee on Budgets on any budgetary impacts following this revision;

     

    20. Highlights the role played by European Parliament Liaison Offices (EPLOs) in countering foreign interference and disinformation; takes note in that regard of the work of EPLOs proactively promoting the work of Parliament in their local languages across multiple channels; highlights EPLOs’ role in the UK as the main contact point for Union nationals resident in the UK, providing them with information about the Parliament and encouraging them to vote in the European elections; requests the Bureau to expand the production and dissemination of communication materials in an accessible and inclusive manner;

     

    21. Highlights the low participation rate of young people in the recent European elections in some regions of the Union and Parliament’s role in strengthening EU citizenship education;

     

    22. Recalls the importance of the European Parliament Ambassador School programme to promote active engagement among young Europeans and of the training programme for young journalists named in honour of David Sassoli to strengthen the understanding of the Union and its functioning amongst journalists, as the best antidote against disinformation, in light of recent trends demonstrating a worrying decline in media freedom and independence across the Union;

     

    23. Recognises the importance of visitors groups as an important tool to connect citizens with the work of Members; welcomes in that regard the increase of the ceilings and cost factors for the calculation of the financial contribution to sponsored visitors as from 1 January 2025; requests the Bureau to assess the impact of the revised rules related to visitors groups in relation to travel costs taking into account market fluctuation and to avoid indirect geographical discrimination for visitors; notes that about 15 % of the quota for visitors is historically not being used by Members; calls the Secretary-General to propose to the Bureau to make the unused quota available to interested Members; notes that the budget for visitors groups represents 22 % of the overall budget of the Directorate-General for Communication;

     

    24. Notes with concern the internal rules governing Members’ visitor groups, which result in 30 % of the up-front costs having to be incurred by Accredited Parliamentary Assistants (APAs) in some circumstances; stresses the impracticability of these rules and the financial burden this places on APAs; takes note of the answers provided by the Secretary-General to Parliament’s estimates of revenue and expenditure for the financial year 2024 in regard to the rationale of the two-step approach; understands the rationale but emphasises the growing challenges this presents for APAs, particularly with the continuous shift towards more stringent rules;

    25. Stresses the increasingly challenging communication landscape and the multiple ways in which political communication should be performed, including through engaging in various social media platforms and other media; underlines the need for the political groups to convey and communicate their message across all Member States as a key principle of a well-functioning European democracy;

    Infrastructure

     

    26. Acknowledges the new approach related to buildings, where, after a period of acquisition, Parliament has entered an era of consolidation of buildings, taking into account sustainability, accessibility and mobility of Members and staff;

     

    27. Takes note that EUR 4 million are included in the 2026 estimates for studies and the contractor’s preparatory works related to the SPAAK building renovation while the overall costs are estimated at EUR 36 million; notes therefore that EUR 32 million of costs related to the SPAAK building renovation are not included in the 2026 estimates; notes that the Secretary-General intends to cover these costs by a mopping-up transfer or the use of a loan; requests the Secretary-General to provide the Committee on Budgets with detailed information on a possible loan to cover these costs, in accordance with Article 272 (6) of the Financial Regulation, as soon as possible as well as the full planning of the works including the planning of the costs; insists that costs not directly linked to the renovation works should also be clearly listed and budgeted; notes that as of December 2024, the direct costs of the SPAAK project amount to EUR 14,12 million;

     

    28. Welcomes the pilot project of DG INLO aimed at removing legionella from the pipeline sanitary system of the Parliament and highlights that the only effective way to fight the further spreading of legionella is to bring the water temperature inside the pipelines to 55 degrees Celsius for a limited time;

     

    29. Notes that it is planned to invest EUR 11,45 million in Europa Experiences in 2026; takes note of the decision by the Bureau in November 2024 to revise the concept of Europa Experience and expects the revised concept to be more cost-efficient and more attractive to visitors; regrets that there are still no Europa Experiences in Bucharest, Riga, Madrid, Lisbon, Nicosia, Valletta or Vilnius; calls for the establishment of Europa Experiences in all Member States as soon as a revised concept has been established; recalls that Europa Experiences should allow citizens to have a better understanding of the functioning of the Union and learn about our shared values; reiterates therefore that Europa Experiences are an integral part of Parliament’s ongoing engagement with Union citizens;

     

    30. Takes note that no additional financing is needed for the opening of Parliament offices in Moldova and the Western Balkans, as these would be set up within EEAS premises; stresses the importance of Parliament’s presence in these countries as a sign of European solidarity and a sign of Parliament’s commitment to the accession process;

     

    31. Takes note of the early termination of the contract with the previous provider of the Crèche Wayenberg after a number of serious allegations against the contractor; welcomes the agreement with a new provider that foresees better working conditions of the nursery staff and better quality of the service for the children; acknowledges, however, that this results in an increase of the budget necessary for this purpose, but emphasises that decent working conditions for external staff should, where relevant, be a priority consideration in public procurement of Parliament as a matter of principle;

     

    32. Reiterates the need for high quality nursing rooms in Parliament’s premises and calls on the competent services to upgrade the current facilities in terms of equipment, space and accessibility in order to make them child-friendly; calls for an impact assessment on the need for a family room within the premises of the Brussels seat of the Parliament, for children of Members without permanent residence in Brussels, mirroring the arrangements in Strasbourg;

    Others

    33. Reiterates its request, adopted at Plenary level at several occasions, for the relevant bodies to reflect on a solution enabling Members to exercise their right to vote remotely, during benefiting from maternity or paternity leave, during a certified long-term illness, taking advantage of the lessons learnt during the pandemic on the technical aspects of this voting method;

    34. Reaffirms its call for the Secretary-General to emphasise the fundamental principle that all recruitment should be based on competency while also ensuring geographical balance among all Member States at every staff level; calls on Parliament to build its own outreach capacity, with the goal of attracting to competitions quality candidates that Parliament needs, in terms of profile, age, gender and nationality and especially from under-represented countries; underscores that achieving fair geographical representation is essential to fostering a genuinely European public service; notes that Parliament has consistently taken measures to support this objective, including the organisation of nationality-specific competitions while maintaining a strict merit-based selection approach;

    35. Believes that Parliament should lead by example concerning the rights of persons with disabilities, both as an employer and as a public institution; welcomes Parliament’s policy aiming to ensure the fully independent use of Parliament buildings by persons with disabilities and supports further measures and adaptations that will be necessary in this regard; notes that the budget foresees EUR 3,7 million for this purpose;

     

    36. Stresses the fact that Parliament having a single seat could reduce the financial and environmental costs; recalls that, according to the Treaty on European Union, Parliament is to have its seat in Strasbourg; notes that permanent changes would require a Treaty change for which unanimity is needed;

     

    37. Notes that mission expenses of Members and staff amount to EUR 116 million in Parliament’s budget; calls for Parliament’s bodies to reflect on mission practices and a revision of mission rules and practices with the overall aim of continuing to improve the nature of missions and further diminishing the associated financial and environmental costs; encourages Members to use low-carbon transport alternatives and advocates for responsible and measured use of best-value flights options, and the preference for train travel where it is a viable option;

     

    38. Takes note that Article 46(2) of the Implementing Measures for the Statute for Members of the European Parliament provides for the possibility to finance extra costs linked to the parliamentary assistance budgets with appropriations from their General Expenditure Allowance (GEA); calls on Parliament’s administration to take the necessary measures to enable Members who wish to do so to use their GEA to cover the cost of APA missions; highlights that such a measure would address increasing costs in Members’ offices while being budgetary neutral;

     

    39. Calls on the Bureau not to index the GEA and not to grant GEA to former Members, thus allowing for significant savings in the statutory costs;

     

    40. Takes note of the Conference of Presidents’ decisions of March 2025 on the Implementing provisions governing the missions outside the three places of work of the European Parliament; recalls that Parliament has consistently voted in the Plenary since 2018 to consider lifting the overall ban on APAs participating in official delegations and missions;

    41. Welcomes the work of the APA Committee which represents around 2 000 APAs, whose work is crucial to the smooth operation of the MEP’s daily activities; notes the earmarking of EUR 10 000 in order for the APA Committee to fulfil its role and ensure sufficient resources to effectively support and properly represent the APAs;

    42. Welcomes the exceptional 10 % increase in scholarships for each trainee in 2026, budgeted for EUR 1 million in 2026 to help them cope with growing housing costs in Brussels and Luxembourg;

    43. Expects that requests voted by the Plenary should be treated by the responsible bodies as a matter of high priority;

    44.  Adopts the estimates for the financial year 2026;

    45.  Instructs its President to forward this resolution and the estimates to the Council and the Commission.

     

     

    ANNEX: DRAFT ESTIMATES

     

     

    PART III – PRELIMINARY DRAFT ESTIMATES 2026

     

     

    1. REVENUE/EXPENDITURE

    2. ESTABLISHMENT PLAN

    3. NOMENCLATURE

     

     

    1. REVENUE/EXPENDITURE

     

     

     

     

     

    Contribution of the European Union to the financing of the expenditure of Parliament for the financial year 2026

     

     

     

    Heading

    Amount

     

     

    Expenditure

    2 636 241 620

    Resources

    265 378 397

    Contribution due

    2 370 863 223

     

     

     

    REVENUES

    Title – Chapter – Article – Post

    Heading

    2026 budget

    2025 budget

    Outturn 2024

    3

    ADMINISTRATIVE REVENUE

     

     

     

    3 0

    REVENUE FROM STAFF

     

     

     

    3 0 0

    Taxes and levies

     

     

     

    3 0 0 0

    Tax on the remunerations

    111 692 059

    105 869 539

    100 337 194

    3 0 0 1

    Special levies on remunerations

    17 507 648

    16 162 194

    14 891 422

     

    Article 3 0 0 – Subtotal

    129 199 707

    122 031 733

    115 228 616

    3 0 1

    Contributions to the pension scheme

     

     

     

    3 0 1 0

    Staff contributions to the pension scheme

    131 172 690

    121 092 129

    103 628 794

    3 0 1 1

    Transfer or purchase of pension rights by staff

    5 000 000

    6 000 000

    7 338 881

    3 0 1 2

    Contributions to the pension scheme by staff on leave

    5 000

    40 000

    0

    3 0 1 4

    Contributions by Members of the European Parliament

    p.m.

    p.m.

    0

     

    Article 3 0 1 – Subtotal

    136 177 690

    127 132 129

    110 967 675

     

    Chapter 3 0 — Total

    265 377 397

    249 163 862

    226 196 291

    3 1

    REVENUE LINKED TO PROPERTY

     

     

     

    3 1 0

    Sale of immovable property — Assigned revenue

    p.m.

    p.m.

    556 948

    3 1 1

    Sale of other property

    p.m.

    5 000

    9 203

    3 1 2

    Letting and subletting immovable property — Assigned revenue

    p.m.

    p.m.

    2 383 687

     

    Chapter 3 1 — Total

    p.m.

    5 000

    2 949 838

    3 2

    REVENUE FROM THE SUPPLY OF GOODS, SERVICES AND WORK — ASSIGNED REVENUE

     

     

     

    3 2 0

    Revenue from the supply of goods, services and work — Assigned revenue

    p.m.

    p.m.

    18 857 643

    3 2 1

    Refunds by other institutions or bodies of mission allowances — Assigned revenue

    p.m.

    p.m.

    0

    3 2 2

    Revenue from third parties in respect of goods, services or work — Assigned Revenue

    p.m.

    p.m.

    4 952 720

     

    Chapter 3 2 — Total

    p.m.

    p.m.

    23 810 363

    3 3

    OTHER ADMINISTRATIVE REVENUE

     

     

     

    3 3 0

    Repayment of amounts wrongly paid — Assigned Revenue

    p.m.

    p.m.

    22 491 561

    3 3 1

    Revenue for a specific purpose (income from foundations, subsidies, gifts and bequests) — Assigned Revenue

    p.m.

    p.m.

    0

    3 3 3

    Insurance payments received — Assigned Revenue

    p.m.

    p.m.

    34 996

    3 3 8

    Other revenue from administrative operations — Assigned Revenue

    p.m.

    p.m.

    0

    3 3 9

    Other revenue from administrative operations

    1 000

    1 000

    1 622 926

     

    Chapter 3 4 — Total

    1 000

    1 000

    24 149 483

     

    Title 3 — Total

    265 378 397

    249 169 862

    277 105 975

    4

    FINANCIAL REVENUE, DEFAULT INTEREST AND FINES

     

     

     

    4 0

    REVENUE FROM INVESTMENTS AND ACCOUNTS

     

     

     

    4 0 0

    Revenue from investments, loans granted and bank accounts

    p.m.

    p.m.

    4 411 026

     

    Chapter 4 0 — Total

    p.m.

    0

    4 411 026

     

    Title 4 — Total

    p.m.

    0

    4 411 026

    6

    REVENUE, CONTRIBUTIONS AND REFUNDS RELATED TO UNION POLICIES

     

     

     

    6 6

    OTHER CONTRIBUTIONS AND REFUNDS

     

     

     

    6 6 8

    Other contributions and refunds — Assigned revenue

    p.m.

    p.m.

    0

     

    Chapter 6 6 — Total

    p.m.

    p.m.

    0

     

    Title 6 — Total

    p.m.

    p.m.

    0

     

    GRAND TOTAL

    265 378 397

    249 169 862

    281 517 001

     

     

     

    EXPENDITURE

    General summary of appropriations (2026 and 2025) and outturn (2024)

    Title – Chapter – Article – Post

    Heading

    Appropriations 2026

    Appropriations 2025

    Outturn 2024

    1

    Persons working with the institution

     

     

     

    1 0

    Members of the institution

    250 087 000

    257 937 492

    249 427 210

    1 2

    Officials and temporary staff

    982 330 058

    914 759 154

    853 989 951

    1 4

    Other staff and external services

    259 041 175

    245 453 683

    206 535 274

    1 6

    Other expenditure relating to persons working with the institution

    29 619 939

    27 939 603

    24 937 797

     

    Title 1 — Total

    1 521 078 172

    1 446 089 932

    1 334 890 232

    2

    Buildings, furniture, equipment and miscellaneous operating expenditure

     

     

     

    2 0

    Buildings and associated costs

    250 475 000

    245 925 000

    252 616 845

    2 1

    Data processing, equipment and movable property

    232 008 000

    227 708 050

    253 569 292

    2 3

    Current administrative expenditure

    7 388 000

    7 386 000

    4 830 070

     

    Title 2 — Total

    489 871 000

    481 019 050

    511 016 207

    3

    Expenditure resulting from general functions carried out by the institution

     

     

     

    3 0

    Meetings and conferences

    37 728 429

    37 121 800

    27 628 546

    3 2

    Expertise and information: acquisition, archiving, production and dissemination

    154 530 519

    153 261 150

    153 271 532

     

    Title 3 — Total

    192 258 948

    190 382 950

    180 900 078

    4

    Expenditure resulting from special functions carried out by the institution

     

     

     

    4 0

    Expenditure relating to certain institutions and bodies

    146 800 000

    140 000 000

    125 403 172

    4 2

    Expenditure relating to parliamentary assistance

    279 165 340

    263 855 176

    222 263 343

    4 4

    Meetings and other activities of current and former members

    632 000

    620 000

    593 204

     

    Title 4 — Total

    426 597 340

    404 475 176

    348 259 719

    5

    The authority for european political parties and european political foundations and the committee of independent eminent persons

     

     

     

    5 0

    Expenditure of the authority for european political parties and european political foundations and the committee of independent eminent persons

    436 160

    428 000

    100 840

     

    Title 5 — Total

    436 160

    428 000

    100 840

    10

    Reserve

     

     

     

    10 0

    Provisional appropriation

    p.m.

    3 100 000

    0

    10 1

    Contingency reserve

    6 000 000

    7 200 000

    0

    10 3

    Enlargement reserve

    p.m.

    p.m.

    0

    10 4

    Reserve for information and communication policy

    p.m.

    p.m.

    0

    10 5

    Provisional appropriation for immovable property

    p.m.

    p.m.

    0

    10 6

    Reserve for priority projects under development

    p.m.

    p.m.

    0

    10 8

    Emas reserve

    p.m.

    p.m.

    0

     

    Title 10 — Total

    6 000 000

    10 300 000

    0

     

    GRAND TOTAL

    2 636 241 620

    2 532 695 108

    2 375 167 076

     

     

    Revenue — REVENUE

    Title 3 — ADMINISTRATIVE REVENUE

    Chapter 3 0 — REVENUE FROM STAFF

    Article 3 0 0 — Taxes and levies

    Item 3 0 0 0 — Tax on the remunerations

    Figures

    2026 estimate

    2025 estimate

    2024 out-turn

    111 692 059

    105 869 539

    100 337 194,29

    Legal basis

    Protocol on the privileges and immunities of the European Union, and in particular Article 12 thereof.

    Regulation (EEC, Euratom, ECSC) No 260/68 of the Council of 29 February 1968 laying down the conditions and procedure for applying the tax for the benefit of the European Communities (OJ L 56, 4.3.1968, p. 8, ELI: http://data.europa.eu/eli/reg/1968/260/oj).

    Item 3 0 0 1 — Special levies on remunerations

    Figures

    2026 estimate

    2025 estimate

    2024 out-turn

    17 507 648

    16 162 194

    14 891 421,72

    Legal basis

    Staff Regulations of Officials of the European Union, and in particular Article 66a thereof.

    Article 3 0 1 — Contributions to the pension scheme

    Item 3 0 1 0 — Staff contributions to the pension scheme

    Figures

    2026 estimate

    2025 estimate

    2024 out-turn

    131 172 690

    121 092 129

    103 628 793,79

    Legal basis

    Staff Regulations of Officials of the European Union, and in particular Article 83(2) thereof.

    Item 3 0 1 1 — Transfer or purchase of pension rights by staff

    Figures

    2026 estimate

    2025 estimate

    2024 out-turn

    5 000 000

    6 000 000

    7 338 881,09

    Legal basis

    Staff Regulations of Officials of the European Union, and in particular Article 4, Article 11(2) and (3) and Article 48 of Annex VIII thereto.

    Item 3 0 1 2 — Contributions to the pension scheme by staff on leave

    Figures

    2026 estimate

    2025 estimate

    2024 out-turn

    5 000

    40 000

    0,—

    Item 3 0 1 4 — Contributions by Members of the European Parliament

    Figures

    2026 estimate

    2025 estimate

    2024 out-turn

    p.m.

    p.m.

    0,—

    Legal basis

    Rules governing the payment of expenses and allowances to Members of the European Parliament, and in particular Annex III thereto.

    Chapter 3 1 — REVENUE LINKED TO PROPERTY

    Article 3 1 0 — Sale of immovable property — Assigned revenue

    Figures

    2026 estimate

    2025 estimate

    2024 out-turn

    p.m.

    p.m.

    556 948,00

    Remarks

    This article is intended to record revenue from the sale of immovable property belonging to the institution.

    In accordance with Article 21(3) of the Financial Regulation, this revenue is to be considered as assigned revenue and gives rise to the entry of additional appropriations in the headings which bore the initial expenditure giving rise to the corresponding revenue.

    Article 3 1 1 — Sale of other property

    Figures

    2026 estimate

    2025 estimate

    2024 out-turn

    p.m.

    5 000

    9 203,22

    Remarks

    This article is intended to record revenue accruing from the sale or part-exchange of other property belonging to the institution.

    Article 3 1 2 — Letting and subletting immovable property — Assigned revenue

    Figures

    2026 estimate

    2025 estimate

    2024 out-turn

    p.m.

    p.m.

    2 383 686,62

    Remarks

    In accordance with Article 21(3) of the Financial Regulation, this revenue is to be considered as assigned revenue and gives rise to the entry of additional appropriations in the headings which bore the initial expenditure giving rise to the corresponding revenue.

    Details of expenditure and revenue resulting from loans or rents or the provision of services under this budget item shall be set out in an annex to this budget.

    Chapter 3 2 — REVENUE FROM THE SUPPLY OF GOODS, SERVICES AND WORK — ASSIGNED REVENUE

    Article 3 2 0 — Revenue from the supply of goods, services and work — Assigned revenue

    Item 3 2 0 2 — Revenue from the supply of goods, services and work for other Union institutions, bodies, offices and agencies — Assigned revenue

    Figures

    2026 estimate

    2025 estimate

    2024 out-turn

    p.m.

    p.m.

    18 857 643,13

    Remarks

    In accordance with Article 21(3) of the Financial Regulation, this revenue is to be considered as assigned revenue and gives rise to the entry of additional appropriations in the headings which bore the initial expenditure giving rise to the corresponding revenue.

    This item is intended to record revenue from the repayment of welfare expenditure incurred on behalf of another institution.

    Article 3 2 1 — Refunds by other institutions or bodies of mission allowances  — Assigned revenue

    Figures

    2026 estimate

    2025 estimate

    2024 out-turn

    p.m.

    p.m.

    0,—

    Remarks

    In accordance with Article 21(3) of the Financial Regulation, this revenue is to be considered as assigned revenue and gives rise to the entry of additional appropriations in the headings which bore the initial expenditure giving rise to the corresponding revenue.

    This article is intended to record revenue from the repayment of welfare expenditure incurred on behalf of another institution.

    Article 3 2 2 — Revenue from third parties in respect of goods, services or work  — Assigned revenue

    Figures

    2026 estimate

    2025 estimate

    2024 out-turn

    p.m.

    p.m.

    4 952 719,42

    Remarks

    In accordance with Article 21(3) of the Financial Regulation, this revenue is to be considered as assigned revenue and gives rise to the entry of additional appropriations in the headings which bore the initial expenditure giving rise to the corresponding revenue.

    Chapter 3 3 — OTHER ADMINISTRATIVE REVENUE

    Article 3 3 0 — Repayment of amounts wrongly paid — Assigned revenue

    Figures

    2026 estimate

    2025 estimate

    2024 out-turn

    p.m.

    p.m.

    22 491 561,95

    Remarks

    In accordance with Article 21(3) of the Financial Regulation, this revenue is to be considered as assigned revenue and gives rise to the entry of additional appropriations in the headings which bore the initial expenditure giving rise to the corresponding revenue.

    Article 3 3 1 — Revenue for a specific purpose (income from foundations, subsidies, gifts and bequests) — Assigned revenue

    Figures

    2026 estimate

    2025 estimate

    2024 out-turn

    p.m.

    p.m.

    0,—

    Remarks

    In accordance with Article 21(2) of the Financial Regulation, this revenue is to be considered as assigned revenue and gives rise to the entry of additional appropriations in the headings which bore the initial expenditure giving rise to the corresponding revenue.

    Article 3 3 3 — Insurance payments received — Assigned revenue

    Figures

    2026 estimate

    2025 estimate

    2024 out-turn

    p.m.

    p.m.

    34 995,58

    Remarks

    In accordance with Article 21(3) of the Financial Regulation, this revenue is to be considered as assigned revenue and gives rise to the entry of additional appropriations in the headings which bore the initial expenditure giving rise to the corresponding revenue.

    This article is also intended to include reimbursement by insurance companies of the salaries of officials involved in accidents.

    Article 3 3 8 — Other revenue from administrative operations — Assigned revenue

    Figures

    2026 estimate

    2025 estimate

    2024 out-turn

    p.m.

    p.m.

    0,—

    Remarks

    This article is intended to record other contributions and refunds in connection with the administrative operation of the institution.

    In accordance with Article 21 of the Financial Regulation, this revenue is to be considered as assigned revenue and gives rise to the entry of additional appropriations against the headings which bore the initial expenditure giving rise to the corresponding revenue.

    Article 3 3 9 — Other revenue from administrative operations

    Figures

    2026 estimate

    2025 estimate

    2024 out-turn

    1 000

    1 000

    1 622 925,87

    Remarks

    This article is intended to record other revenue from administrative operations.

    Details of expenditure and revenue resulting from loans or rents or the provision of services under this article shall be set out in an annex to this budget.

    Title 4 — FINANCIAL REVENUE, DEFAULT INTEREST AND FINES

    Chapter 4 0 — REVENUE FROM INVESTMENTS AND ACCOUNTS

    Article 4 0 0 — Revenue from investments, loans granted and bank accounts

    Figures

    2026 estimate

    2025 estimate

    2024 out-turn

    p.m.

    p.m.

    4 411 025,89

    Remarks

    This article is intended to record revenue from investments, loans granted and bank and other interest on the institution’s accounts.

    Title 6 — REVENUE, CONTRIBUTIONS AND REFUNDS RELATED TO UNION POLICIES

    Chapter 6 6 — OTHER CONTRIBUTIONS AND REFUNDS

    Article 6 6 8 — Other contributions and refunds — Assigned revenue

    Figures

    2026 estimate

    2025 estimate

    2024 out-turn

    p.m.

    p.m.

    0,—

    Remarks

    This article is intended to record, in accordance with Article 21 of the Financial Regulation, any revenue not provided for in other parts of Title 6 which is used to provide additional appropriations to finance expenditure to which that revenue is assigned.

    Expenditure — EXPENDITURE

    Title 1 — PERSONS WORKING WITH THE INSTITUTION

    Chapter 1 0 — MEMBERS OF THE INSTITUTION

    Article 1 0 0 — Salaries and allowances

    Item 1 0 0 0 — Salaries

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    100 920 000

    96 171 430

    91 951 742,92

    Remarks

    This appropriation is intended to cover the salary provided for by the Statute for Members.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 5 000.

    Legal basis

    Statute for Members of the European Parliament, and in particular Articles 9 and 10 thereof.

    Implementing measures for the Statute for Members of the European Parliament, and in particular Articles 1 and 2 thereof.

    Item 1 0 0 4 — Ordinary travel expenses

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    79 160 000

    78 700 000

    71 950 000,00

    Remarks

    This appropriation is intended to cover reimbursement of travel and subsistence expenses in connection with travelling to and from the places of work and with other duty travel.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 25 000.

    Legal basis

    Statute for Members of the European Parliament, and in particular Article 20 thereof.

    Implementing measures for the Statute for Members of the European Parliament, and in particular Articles 10 to 21 and 24 thereof.

    Item 1 0 0 5 — Other travel expenses

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    5 260 000

    4 800 000

    5 100 000,00

    Remarks

    This appropriation is intended to cover reimbursement of additional travel expenses and travel expenses incurred in the Member State of election.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 1 000.

    Legal basis

    Statute for Members of the European Parliament, and in particular Article 20 thereof.

    Implementing measures for the Statute for Members of the European Parliament, and in particular Articles 22 and 23 thereof.

    Item 1 0 0 6 — General expenditure allowance

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    44 410 000

    44 100 000

    45 734 819,18

    Remarks

    This appropriation is intended to cover, in accordance with the Implementing measures for the Statute for Members of the European Parliament, expenses resulting from the parliamentary activities of Members.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 90 000.

    Legal basis

    Statute for Members of the European Parliament, and in particular Article 20 thereof.

    Implementing measures for the Statute for Members of the European Parliament, and in particular Articles 43 to 47 thereof.

    Item 1 0 0 7 — Allowances for performance of duties

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    219 000

    212 000

    205 852,17

    Remarks

    This appropriation is intended to cover the flat-rate subsistence and representation allowances in connection with the duties of the President of the European Parliament.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 100.

    Legal basis

    Statute for Members of the European Parliament, and in particular Article 20 thereof.

    Decision of the Bureau of the European Parliament of 17 June 2009.

    Article 1 0 1 — Accident and sickness insurance and other welfare measures

    Item 1 0 1 0 — Accident and sickness insurance and other social security charges

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    3 142 000

    3 393 000

    3 083 137,39

    Remarks

    This appropriation is intended to cover accident insurance and reimbursement of medical expenses for Members and loss and theft of Members’ personal effects.

    It is also intended to cover the provision of insurance cover and assistance during a trip funded by the European Parliament or a political group, as a result of a serious illness, an accident or an unforeseen event that prevents them from continuing their journey. Such assistance involves organising the Member’s repatriation and defraying the related costs.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 200 000.

    Legal basis

    Statute for Members of the European Parliament, and in particular Articles 18 and 19 thereof.

    Implementing measures for the Statute for Members of the European Parliament, in particular Articles 3 to 9 and 25 thereof.

    Common rules on the insurance of officials of the European Union against the risk of accident and of occupational disease.

    Joint rules on sickness insurance for officials of the European Communities.

    Commission Decision laying down general implementing provisions for the reimbursement of medical expenses.

    Item 1 0 1 2 — Specific measures to assist disabled Members

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    700 000

    1 000 000

    550 000,00

    Remarks

    This appropriation is intended to cover certain expenditure required to provide assistance for a seriously disabled Member.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 5 000.

    Legal basis

    Implementing measures for the Statute for Members of the European Parliament, and in particular Article 26 thereof.

    Article 1 0 2 — Transitional allowances

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    2 287 000

    15 544 645

    18 921 436,05

    Remarks

    This appropriation is intended to cover the transitional allowance after the end of a Member’s term of office.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 5 000.

    Legal basis

    Statute for Members of the European Parliament, and in particular Article 13 thereof.

    Implementing measures for the Statute for Members of the European Parliament, and in particular Articles 48 to 51 and 84 thereof.

    Article 1 0 3 — Pensions

    Item 1 0 3 0 — Retirement pensions (PEAM)

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    11 077 000

    11 144 000

    9 522 406,74

    Remarks

    This appropriation is intended to cover the payment of an old-age pension after the cessation of a Member’s term of office.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 150 000.

    Legal basis

    Implementing measures for the Statute for Members of the European Parliament, and in particular Article 82 thereof, and Annex III to the Rules on Payment of Expenses and Allowances to Members of the European Parliament (‘PEAM rules’).

    Item 1 0 3 1 — Invalidity pensions (PEAM)

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    102 000

    96 138

    88 257,11

    Remarks

    This appropriation is intended to cover the payment of a pension to Members who become incapacitated during their term of office.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 5 000.

    Legal basis

    Implementing measures for the Statute for Members of the European Parliament, and in particular Article 82 thereof, and Annex II to the Rules on Payment of Expenses and Allowances to Members of the European Parliament (‘PEAM rules’).

    Item 1 0 3 2 — Survivors’ pensions (PEAM)

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    2 160 000

    2 126 279

    1 919 559,71

    Remarks

    This appropriation is intended to cover the payment of a survivor’s or orphan’s pension in the event of the death of a Member or of a former Member.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 15 000.

    Legal basis

    Implementing measures for the Statute for Members of the European Parliament, and in particular Article 82 thereof, and Annex I to the Rules on Payment of Expenses and Allowances to Members of the European Parliament (‘PEAM rules’).

    Item 1 0 3 3 — Optional pension scheme for Members

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    p.m.

    p.m.

    0,—

    Remarks

    This appropriation is intended to cover the institution’s contribution to the additional voluntary pension scheme for Members.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 500.

    Legal basis

    Statute for Members of the European Parliament, and in particular Article 27 thereof.

    Implementing measures for the Statute for Members of the European Parliament, and in particular Article 83 thereof, and Annex VII to the Rules on Payment of Expenses and Allowances to Members of the European Parliament (‘PEAM rules’).

    Article 1 0 5 — Language and computer courses

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    650 000

    650 000

    400 000,00

    Remarks

    This appropriation is intended to cover the cost of language and computer courses for Members.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 100.

    Legal basis

    Implementing measures for the Statute for Members of the European Parliament, and in particular Article 42 thereof.

    Decision of the Bureau of the European Parliament of 23 October 2017 on language and computer courses for Members.

    Chapter 1 2 — OFFICIALS AND TEMPORARY STAFF

    Article 1 2 0 — Remuneration and other entitlements

    Item 1 2 0 0 — Remuneration and allowances

    Figures (Non-differentiated appropriations)

     

    2026 appropriations

    2025 appropriations

    2024 out-turn

    1 2 0 0

    973 382 485

    906 471 880

    846 335 205,79

    Reserves(10 0)

     

    3 100 000

     

    Total

    973 382 485

    909 571 880

    846 335 205,79

    Remarks

    This appropriation is mainly intended to cover, for officials and temporary staff holding a post provided for in the establishment plan:

     salaries, allowances and other payments related to salaries,

     insurance against sickness, accident and occupational disease and other social security contributions,

     flat-rate overtime allowances,

     miscellaneous allowances and grants,

     payment of travel expenses for officials or temporary staff, their spouses and dependants from their place of employment to their place of origin,

     the impact of salary weightings applicable to remuneration and to the part of emoluments transferred to a country other than the country of employment,

     unemployment insurance for temporary staff and payments made by the institution to allow temporary staff to constitute or maintain pension rights in their country of origin.

    This appropriation is also intended to cover the insurance premiums in respect of sports accidents for users of the European Parliament’s sports centres in Brussels, in Luxembourg and in Strasbourg.

    This appropriation includes an envelope of EUR 633 245 related to the staff of the Authority for European political parties and European political foundations.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 450 000.

    Legal basis

    Staff Regulations of Officials of the European Union.

    Conditions of Employment of Other Servants of the European Union.

    Item 1 2 0 2 — Paid overtime

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    57 573

    52 764

    55 000,00

    Remarks

    This appropriation is intended to cover the payment of overtime under the conditions set out in the legal basis.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 100.

    Legal basis

    Staff Regulations of Officials of the European Union, and in particular Article 56 thereof and Annex VI thereto.

    Conditions of Employment of Other Servants of the European Union.

    Item 1 2 0 4 — Entitlements in connection with entering the service, transfer and leaving the service

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    4 100 000

    3 779 912

    3 700 000,00

    Remarks

    This appropriation is intended to cover:

     travel expenses due to officials and temporary staff (including their families) entering or leaving the service or being transferred to another place of employment,

     installation and resettlement allowances and removal expenses due to officials and temporary staff obliged to change their place of residence on taking up duty, on transfer to a new place of employment and on finally leaving the institution and resettling elsewhere,

     daily subsistence allowance for officials and temporary staff who furnish evidence that they must change their place of residence on taking up duty or transferring to a new place of employment,

     the compensation for a probationary official who is dismissed because his or her work is obviously inadequate,

     compensation for a member of the temporary staff whose contract is terminated by the institution,

     the difference between the contributions paid by contract staff to a Member State pension scheme and those payable to the Union scheme in the event of reclassification of a contract.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 100.

    Legal basis

    Staff Regulations of Officials of the European Union.

    Conditions of Employment of Other Servants of the European Union.

    Article 1 2 2 — Allowances upon early termination of service

    Item 1 2 2 0 — Allowances for staff retired or placed on leave in the interests of the service

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    4 790 000

    4 454 598

    3 899 745,48

    Remarks

    This appropriation is intended to cover the allowances payable:

     to officials assigned non-active status in connection with action to reduce the number of posts in the institution,

     to officials placed on leave to meet organisational needs associated with the acquisition of new skills within the institution,

     to officials and temporary management staff for political groups holding posts in grades AD 16 and AD 15 retired in the interests of the service.

    It also covers the employer’s contribution towards sickness insurance and the impact of the weightings applicable to these allowances (except for beneficiaries of Article 42c of the Staff Regulations, who are not entitled to a weighting).

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 100.

    Legal basis

    Staff Regulations of Officials of the European Union, and in particular Articles 41, 42c and 50 thereof and Annex IV thereto, and Article 48a of the Conditions of Employment of Other Servants of the European Union.

    Item 1 2 2 2 — Allowances for staff whose service is terminated and special retirement scheme for officials and temporary staff

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    p.m.

    p.m.

    0,—

    Remarks

    This appropriation is intended to cover:

     the allowances payable under the Staff Regulations or Council Regulations (EC, Euratom, ECSC) No 2689/95 and (EC, Euratom) No 1748/2002,

     the employer’s contributions towards sickness insurance for the recipients of the allowances,

     the impact of the weightings applicable to the various allowances.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 100.

    Legal basis

    Staff Regulations of Officials of the European Union, and in particular Articles 64 and 72 thereof.

    Council Regulation (EC, Euratom, ECSC) No 2689/95 of 17 November 1995 introducing special measures to terminate the service of temporary staff of the European Communities as a result of the accession of Austria, Finland and Sweden (OJ L 280, 23.11.1995, p. 4, ELI: http://data.europa.eu/eli/reg/1995/2689/oj).

    Council Regulation (EC, Euratom) No 1748/2002 of 30 September 2002 introducing, in the context of the modernisation of the institution, special measures to terminate the service of Officials of the European Communities appointed to an established post in the European Parliament and temporary staff working in the Political Groups of the European Parliament (OJ L 264, 2.10.2002, p. 9, ELI: http://data.europa.eu/eli/reg/2002/1748/oj).

    Chapter 1 4 — OTHER STAFF AND EXTERNAL SERVICES

    Article 1 4 0 — Other staff and external persons

    Item 1 4 0 0 — Other staff — Secretariat and political groups

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    100 945 810

    94 484 929

    81 664 730,14

    Remarks

    This appropriation is mainly intended to cover the following expenditure:

     the remuneration, including allocations and allowances, of other staff, including contract staff and special advisers (within the meaning of the Conditions of Employment of Other Servants of the European Union), employer’s contributions to the various social security schemes, the bulk of which are paid in to the Union institutions’ own scheme, and the impact of salary weightings applicable to the remuneration of this staff,

     the employment of temporary agency staff.

    This appropriation is not to cover expenditure on:

     other staff within the Directorate-General for Security and Safety who perform duties relating to the safety of persons and property, information security and risk assessment,

     other staff working as drivers in the Secretariat.

    Part of this appropriation is to be used for the recruitment of persons with disabilities as contract staff members, in accordance with the Decision of the Bureau of the European Parliament of 7 and 9 July 2008.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 4 100 000.

    This appropriation includes an envelope of EUR 421 487 related to the staff of the Authority for European political parties and European political foundations.

    Legal basis

    Conditions of Employment of Other Servants of the European Union (Titles IV, V and VI).

    General implementing provisions governing competitions and selection procedures, recruitment and the grading of officials and other servants of the European Parliament (decision of the Secretary-General of the European Parliament of 17 October 2014).

    Item 1 4 0 1 — Other staff — Security

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    57 780 573

    52 771 404

    46 021 651,49

    Remarks

    This appropriation is mainly intended to cover the expenditure on other staff within the Directorate-General for Security and Safety who perform duties relating to the safety of persons and property, information security and risk assessment.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 500 000.

    Legal basis

    Conditions of Employment of Other Servants of the European Union (Title IV).

    General implementing provisions governing competitions and selection procedures, recruitment and the grading of officials and other servants of the European Parliament (decision of the Secretary-General of the European Parliament of 17 October 2014).

    Item 1 4 0 2 — Other staff — Drivers in the Secretariat

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    10 316 589

    9 725 704

    9 027 760,87

    Remarks

    This appropriation is mainly intended to cover the expenditure on other staff working as drivers in the Secretariat or coordinating the work of those drivers.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 100.

    Legal basis

    Conditions of Employment of Other Servants of the European Union (Title IV).

    General implementing provisions governing competitions and selection procedures, recruitment and the grading of officials and other servants of the European Parliament (decision of the Secretary-General of the European Parliament of 17 October 2014).

    Item 1 4 0 4 — Traineeships, seconded national experts, exchanges of officials and study visits

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    15 912 203

    13 929 850

    11 341 160,19

    Remarks

    This appropriation is intended to cover:

     emoluments for graduate trainees (scholarships), including any household allowances,

     travel expenses of trainees,

     contribution to the cost of lunches of trainees at the European Parliament’s canteens,

     additional costs directly related to a trainee’s impairment,

     sickness and accident insurance for trainees,

     costs connected with the holding of information or training sessions for trainees,

     payment of a grant to the Robert Schuman Trainees’ Committee,

     communication and outreach actions and the financing of a trainee alumni network,

     expenditure arising from movements between the European Parliament and the civil service in the Member States and candidate countries or international organisations specified in the rules,

     expenditure arising from the secondment of national experts to the European Parliament, including allowances and travel expenses,

     accident insurance for national experts on secondment,

     allowances for study visits and study grants,

     the organisation of training schemes for conference interpreters and translators, inter alia in cooperation with schools of interpreting and universities providing training in translation, as well as grants for the training and further training of interpreters and translators, purchase of teaching materials, and associated costs,

     costs related to creating distance-learning opportunities for conference interpreting agents, like e-courses on subjects related to areas of parliamentary activity or professional skills or the recruitment of trainers for courses specific to conference interpreting agents.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 5 000.

    Legal basis

    Decision of the Bureau of the European Parliament of 7 March 2005 on the rules governing the attachment of European Parliament officials and temporary staff of the political groups to national public authorities, bodies treated as such public authorities and international organisations.

    Decision of the Secretary-General of the European Parliament of 29 April 2021 on the internal rules governing traineeships in the Secretariat of the European Parliament.

    Decision of the Bureau of the European Parliament of 22 November 2021 on the rules governing the secondment of national experts to the European Parliament.

    Item 1 4 0 5 — Expenditure on interpretation

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    64 850 000

    64 841 796

    55 479 971,94

    Remarks

    This appropriation is intended to cover the following expenditure:

     the fees and related allowances, social security contributions, travel expenses and other expenses of contract conference interpreters recruited by the European Parliament to service meetings organised by the European Parliament to meet its own needs or those of other institutions when the necessary services cannot be provided by European Parliament interpreters (officials and temporary staff),

     expenditure on conference agencies, technicians, welcoming staff and administrators used to service the above meetings where they cannot be serviced by officials, temporary staff or other European Parliament staff,

     expenditure for contracts in interpreting services concluded by the DG LINC for providing interpretation, including remote simultaneous interpretation, for non-core meeting of the European Parliament and/or requested by other institutions and entities authorised to hold meetings on European Parliament premises,

     expenses in connection with services provided to the European Parliament by interpreters who are staff members of regional, national or international institutions,

     expenses in connection with interpretation-related activities, in particular preparations for meetings and interpreter training and selection,

     expenses paid for administering payments to conference interpreters,

     expenses in connection with preservation and development of external interpretation capacity or availability schemes.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 2 600 000.

    Legal basis

    Staff Regulations of Officials of the European Union.

    Conditions of Employment of Other Servants of the European Union.

    Agreement on working conditions and the pecuniary regime for auxiliary conference interpreters (ACIs) (and the implementing rules therefor), as established on 28 July 1999, amended on 13 October 2004 and revised on 31 July 2008.

    Item 1 4 0 6 — Observers

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    p.m.

    p.m.

    0,—

    Remarks

    This appropriation is intended to cover the payment of expenses relating to observers, in accordance with Rule 13 of the European Parliament’s Rules of Procedure.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 100.

    Article 1 4 2 — External translation services

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    9 236 000

    9 700 000

    3 000 000,00

    Remarks

    This appropriation is intended to cover the translation, editing, typing, coding and technical assistance work sent to outside suppliers.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 50 000.

    Chapter 1 6 — OTHER EXPENDITURE RELATING TO PERSONS WORKING WITH THE INSTITUTION

    Article 1 6 1 — Expenditure relating to staff management

    Item 1 6 1 0 — Expenditure on recruitment

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    496 600

    371 520

    152 378,85

    Remarks

    This appropriation is intended to cover:

     expenditure on organising the competitions provided for in Article 3 of Decision 2002/621/EC and travel and subsistence expenses for applicants invited to tests as part of a competition or selection procedure, or called for recruitment interviews or to pre-employment medical examinations,

     the costs of organising and promoting competitions and procedures for selecting staff and raising awareness of employment opportunities in the European Parliament.

    In cases duly justified by operational needs, the institution may use this appropriation to organise its own competitions and selection procedures.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 100.

    Legal basis

    Staff Regulations of Officials of the European Union, and in particular Articles 27 to 31 and Article 33 thereof and Annex III thereto.

    Decision 2002/620/EC of the European Parliament, the Council, the Commission, the Court of Justice, the Court of Auditors, the Economic and Social Committee, the Committee of the Regions and the European Ombudsman of 25 July 2002 establishing a European Communities Personnel Selection Office (OJ L 197, 26.7.2002, p. 53, ELI: http://data.europa.eu/eli/dec/2002/620/oj) and Decision 2002/621/EC of the Secretaries-General of the European Parliament, the Council and the Commission, the Registrar of the Court of Justice, the Secretaries-General of the Court of Auditors, the Economic and Social Committee, the Committee of the Regions, and the Representative of the European Ombudsman of 25 July 2002 on the organisation and operation of the European Communities Personnel Selection Office (OJ L 197, 26.7.2002, p. 56, ELI: http://data.europa.eu/eli/dec/2002/621/oj).

    Item 1 6 1 2 — Learning and development

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    8 958 400

    8 987 950

    8 490 662,44

    Remarks

    This appropriation is intended to cover expenditure on training for improving staff skills and the performance and efficiency of the institution, e.g. via language courses for the official working languages.

    It is also intended to cover expenditure on other training courses for Members.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 1 700.

    Legal basis

    Staff Regulations of Officials of the European Union, and in particular Article 24a thereof.

    Conditions of Employment of Other Servants of the European Union.

    Article 1 6 3 — Measures to assist the institution’s staff

    Item 1 6 3 0 — Social welfare

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    350 000

    328 350

    135 748,07

    Remarks

    This appropriation is intended to cover:

     action taken in respect of officials and other servants in particularly difficult situations,

     the financing of a grant for the Staff Committee, the APA Committee, and incidental expenditure in the Medical Services. Contributions or defrayal of expenses by the Staff Committee for participants in welfare activities will be aimed at financing activities that have a social, cultural or linguistic dimension, but there will be no subsidies for individual staff members or households,

     other institutional and interinstitutional welfare measures for officials, other servants and retired staff,

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 70 000.

    Legal basis

    Staff Regulations of Officials of the European Union, and in particular Article 9(3), third subparagraph, and Article 76 thereof.

    Item 1 6 3 1 — Mobility

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    2 110 000

    2 110 000

    2 340 000,00

    Remarks

    This appropriation is intended to cover expenditure relating to mobility at the various places of work.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 5 000.

    Item 1 6 3 2 — Social contacts between members of staff and other social measures

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    290 200

    285 000

    265 819,34

    Remarks

    This appropriation is intended to encourage and provide financial backing for schemes to promote social contact between staff of different nationalities, for example subsidies for staff clubs, sports associations and cultural societies, and to make a contribution to the cost of a permanent centre (for cultural and sports activities, other hobbies, a restaurant) for use during leisure time.

    It also covers financial support for interinstitutional social activities.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 600 000.

    Article 1 6 5 — Activities relating to all persons working with the institution

    Item 1 6 5 0 — Health, Safety and Inclusion

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    3 615 219

    4 088 866

    3 327 922,83

    Remarks

    This appropriation is intended to cover the operating costs of the Medical Services, the Medical Leave Service, the Medical Preparedness and Crisis Management Unit, the Prevention and Well-Being at Work Unit and the Equality Inclusion and Diversity Unit in Brussels, Luxembourg and Strasbourg.

    In the medical field, this includes in particular:

     medical check-ups, the purchase of materials and pharmaceutical products,

     expenditure on medical examinations, particularly in an occupational-medicine context, on pre-recruitment medical examinations, on periodic examinations and health screening in connection with security-related, safety-critical and specific-risk posts,

     medical expert reports and on ergonomic measures,

     expenditure arising from the operation of the Invalidity Committee and in connection with adjudications and expert opinions,

     expenditure on services provided by outside medical and paramedical specialists deemed necessary by the medical officers.

    It also covers expenditure involving the purchase of certain work tools deemed necessary on medical grounds, together with expenditure on medical or paramedical service providers or personnel on short-term stand-in assignment.

    In relation to disability management and support, this appropriation is intended to cover as part of an interinstitutional policy to assist persons with a disability in the following categories:

     officials and other agents in active employment,

     spouses of officials and other agents in active employment,

     dependent children within the meaning of the Staff Regulations,

     orphans who have lost both parents and who are in receipt of an orphan’s pension,

    the reimbursement, to the extent permitted by the budget and after national entitlements in the country of residence or the country of origin have been exhausted, of expenses (other than medical expenses) recognised as necessary, resulting from the disability, supported by documentary evidence and not covered by the Joint Sickness Insurance Scheme,

     other institutional and interinstitutional welfare measures for officials, other servants and retired staff,

     the financing of specific reasonable accommodation measures or expenditure on medical analyses and welfare assessments for officials and other servants with disabilities during recruitment procedures or requiring accommodation measures as a result of events during their career, and trainees with disabilities during selection procedures, in application of Article 1d of the Staff Regulations, in particular personal assistance at the workplace, including transport, or during missions.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 100.

    Legal basis

    Staff Regulations of Officials of the European Union, and in particular Article 1d, Article 1e(2), Article 33, Article 59, and Article 76 thereof and Article 8 of Annex II thereto. Council Directive 89/391/EEC of June 12, 1989 also lays ground on provisions in relation to workplace risk management.

    Item 1 6 5 2 — Expenditure on catering

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    800 000

    1 360 000

    736 268,23

    Remarks

    This appropriation is intended to cover expenditure on catering for official high-level events and meetings and certain social measures agreed by the European Parliament.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 100.

    Item 1 6 5 4 — Childcare facilities

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    11 751 520

    9 237 967

    8 651 259,44

    Remarks

    This appropriation is intended to cover the European Parliament’s contribution to all the organisational expenditure and expenditure on services for the internal childcare facilities and outside childcare facilities with which an agreement has been concluded.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 3 300 000.

    Item 1 6 5 5 — European Parliament contribution for accredited Type II European Schools

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    1 248 000

    1 169 950

    837 737,52

    Remarks

    Implementation of Commission Decision C(2013) 4886 of 1 August 2013 on the putting into effect of the EU contribution paid on a pro-rata basis to schools accredited by the Board of Governors of the European Schools according to the number of children of EU staff enrolled, replacing Commission Decision C(2009) 7719 of 14 October 2009 as amended by Commission Decision C(2010) 7993 of 8 December 2010 (OJ C 222, 2.8.2013, p. 8).

    This appropriation is intended to cover the European Parliament’s contribution for Type II European Schools accredited by the Board of Governors of the European Schools or the reimbursement of the contribution paid by the Commission on behalf of the European Parliament for Type II European Schools accredited by the Board of Governors of the European Schools. It covers costs relating to children of European Parliament staff coming under the Staff Regulations who are enrolled in such schools.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 100.

    Title 2 — BUILDINGS, FURNITURE, EQUIPMENT AND MISCELLANEOUS OPERATING EXPENDITURE

    Remarks

    Since risk cover has been revoked by insurance companies, the risk of industrial conflicts and terrorist attacks for the European Parliament buildings needs to be covered through the general budget of the Union.

    The appropriations of this title accordingly cover all expenses in connection with damage resulting from industrial conflicts and terrorist attacks.

    Chapter 2 0 — Buildings and associated costs

    Article 2 0 0 — Buildings

    Item 2 0 0 0 — Rent

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    31 110 000

    26 900 000

    29 318 124,71

    Remarks

    This appropriation is intended to cover rent for the buildings or parts of buildings occupied by the European Parliament.

    It also covers property tax. The rentals are calculated over 12 months on the basis of existing leases or leases in preparation, which normally provide for cost of living or construction cost index-linking.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 3 000 000.

    Financial contributions from Member States or their public agencies or entities in the form of financing or repayment of costs and of associated charges relating to the purchase or use of land, buildings, as well as of charges in relation to buildings and facilities of the institution, shall be considered as external assigned revenue within the meaning of Article 21(2) of the Financial Regulation.

    Item 2 0 0 1 — Lease payments

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    751 000

    700 000

    21 420 000,00

    Remarks

    This appropriation is intended to cover the annual lease payments for buildings or parts of buildings under existing leases or leases in preparation.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 50 000.

    Financial contributions from Member States or their public agencies or entities in the form of financing or repayment of costs and of associated charges relating to the purchase or use of land, buildings, as well as of charges in relation to buildings and facilities of the institution, shall be considered as external assigned revenue within the meaning of Article 21(2) of the Financial Regulation.

    Item 2 0 0 3 — Acquisition of immovable property

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    340 000

    p.m.

    0,—

    Remarks

    This appropriation is intended to cover the acquisition of immovable property. Subsidies for land and its servicing will be dealt with in accordance with the Financial Regulation.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 810 000.

    Financial contributions from Member States or their public agencies or entities in the form of financing or repayment of costs and of associated charges relating to the purchase or use of land, buildings, as well as of charges in relation to buildings and facilities of the institution, shall be considered as external assigned revenue within the meaning of Article 21(2) of the Financial Regulation.

    Item 2 0 0 7 — Construction of buildings and fitting-out of premises

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    74 357 000

    78 010 000

    75 581 353,02

    Remarks

    This appropriation is intended to cover:

     building construction costs (works, consultants’ fees, initial fitting-out work and supplies to make buildings operational, and all related costs),

     fitting-out costs and related expenditure, and in particular architects’ or engineers’ fees.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 472 000.

    Financial contributions from Member States or their public agencies or entities in the form of financing or repayment of costs and of associated charges relating to the purchase or use of land, buildings, as well as of charges in relation to buildings and facilities of the institution, shall be considered as external assigned revenue within the meaning of Article 21(2) of the Financial Regulation.

    Item 2 0 0 8 — Other specific property management arrangements

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    8 190 000

    6 665 000

    4 227 493,47

    Remarks

    This appropriation is intended to cover expenditure on property management not specifically provided for in the other articles in this Chapter, i.e.:

     waste management and treatment,

     mandatory inspections, quality checks, expert opinions, audits, compliance monitoring, etc.,

     technical library,

     management support (building helpdesk),

     taking care of building drawings and information media,

     other expenditure.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 268 000.

    Item 2 0 0 9 — Construction and fitting out of Buildings: Idea Lab

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    p.m.

    p.m.

    0,—

    Remarks

    This appropriation is intended to cover investments in innovative building solutions and pilot projects, namely:

     building construction costs (works, consultants’ fees, initial fitting out and supplies to make buildings fit to meet the European Parliament’s needs and all related costs),

     fitting-out costs and related expenditure, as well as architects’ and engineers’ fees.

    Article 2 0 2 — Expenditure on buildings

    Item 2 0 2 2 — Building maintenance, upkeep, operation and cleaning

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    83 870 000

    81 550 000

    78 288 453,35

    Remarks

    This appropriation is intended to cover the maintenance, upkeep, operating and cleaning costs, on the basis of current contracts, for the buildings (offices, other areas and installations) rented or owned by the European Parliament.

    Before renewing or concluding contracts, the institution will consult the other institutions on the contractual terms each of them has obtained (prices, currency chosen, index-linking, duration, other clauses) with due regard for Article 167 of the Financial Regulation.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 479 000.

    Item 2 0 2 4 — Energy consumption

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    25 457 000

    28 950 000

    21 604 075,08

    Remarks

    This appropriation is intended to cover, in particular, water, gas, electricity and heating costs.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 150 000.

    Item 2 0 2 6 — Security and surveillance of buildings

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    22 610 000

    19 760 000

    18 818 361,00

    Remarks

    This appropriation is intended to cover essentially the costs of caretaking and surveillance in respect of buildings occupied by the European Parliament at its three habitual places of work, its information offices in the Union, the Europa Experiences and its offices in third countries.

    Before renewing or concluding contracts, the institution will consult the other institutions on the contractual terms each of them has obtained (prices, currency chosen, index-linking, duration, other clauses) with due regard for Article 167 of the Financial Regulation.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 100 000.

    Item 2 0 2 8 — Insurance

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    3 790 000

    3 390 000

    3 358 982,59

    Remarks

    This appropriation is intended to cover payments in respect of insurance policy premiums.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 5 000.

    Chapter 2 1 — DATA PROCESSING, EQUIPMENT AND MOVABLE PROPERTY

    Remarks

    In connection with public procurement, the institution will consult the other institutions on the contractual terms each of them has obtained.

    Article 2 1 0 — Computing and telecommunications

    Item 2 1 0 0 — IT governance and cyber security

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    11 004 000

    9 563 800

    10 169 079,47

    Remarks

    This appropriation is intended to cover expenditure on the purchase, hire, servicing and maintenance of hardware and software and on outside assistance from IT consultants to provide assistance and support related to ICT security, enterprise architecture, market exploration and studies in the domain of information and communications technology.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 5 000.

    Item 2 1 0 1 — Business applications management

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    79 323 800

    77 681 050

    80 586 736,76

    Remarks

    This appropriation is intended to cover expenditure on the purchase, hire, servicing and maintenance of hardware and software and related work, and on outside assistance from ICT consultants for operations connected with ICT user applications management in the institution, and IT project support. It is also intended to cover expenditure on ICT tools financed jointly in the context of interinstitutional cooperation in the field of languages, provided for by the decisions taken by the Interinstitutional Committee on Translation and Interpretation.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 64 000.

    Item 2 1 0 2 — Infrastructure and operations management

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    81 745 300

    80 041 200

    86 398 356,95

    Remarks

    This appropriation is intended to cover expenditure on the purchase, hire, servicing and maintenance of hardware and software and on outside assistance from IT consultants to ensure that the European Parliament’s computing and telecommunications infrastructure functions properly. That expenditure relates mainly to systems at the computer and telecommunications centre including cloud-related services, network, cabling, telecommunications and videoconferencing systems. It also relates to the voting system infrastructure, the renting or acquisition of multifunctional devices (photocopiers) and costs associated with the printing of documents.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 385 000.

    Item 2 1 0 3 — Digital workplace services and equipment

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    22 841 500

    25 209 000

    34 500 141,30

    Remarks

    This appropriation is intended to cover expenditure on the purchase, hire, servicing and maintenance of hardware and software and on outside assistance from IT consultants to provide assistance, support and IT equipment for users of the European Parliament’s computing and telecommunications systems. That expenditure mainly relates to the acquisition and maintenance of individual IT equipment and to the IT support services for Members and other users.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 192 000.

    Article 2 1 2 — Furniture

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    7 470 000

    7 990 000

    8 345 000,00

    Remarks

    This appropriation is intended to cover the purchase, hire, maintenance and repair of furniture, including the purchase of ergonomic furniture, the replacement of worn-out and broken furniture and office machines. It is also intended to cover miscellaneous expenditure on managing the European Parliament’s furniture stock.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 5 000.

    Article 2 1 4 — Technical equipment and installations

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    23 468 400

    21 322 000

    28 604 422,99

    Remarks

    This appropriation is intended to cover the purchase, hire, maintenance, repair and management of technical equipment and installations, and in particular of:

     miscellaneous fixed and mobile technical installations and equipment in connection with publishing, security (including software), canteens, buildings, staff training and the institution’s sports centres, etc.,

     equipment in particular for the canteens, staff shops, security, conferences, and the audiovisual sector, etc.,

     special equipment (electronic, computing and electrical) and related external services.

    This appropriation also covers publicity costs for the resale and scrapping of inventoried items and the costs of technical assistance (consultancy) with matters on which external expertise is needed.

    This appropriation also covers the cost of transporting the equipment needed to provide technical conference services anywhere in the world when requested by a Member, delegation, political group or governing body of the European Parliament. It covers transport costs and all related administrative costs.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 190 000.

    Article 2 1 6 — Transport of Members, other persons and goods

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    6 155 000

    5 901 000

    4 965 558,61

    Remarks

    This appropriation is intended to cover the purchase, leasing, maintenance, use and repair of vehicles (fleet of cars and bicycles) and the hire of cars, taxis, coaches and lorries, with or without drivers, including the necessary insurance cover and other management costs. When replacing the car fleet or purchasing, leasing or hiring vehicles, preference will be given to cars that are the least polluting for the environment, such as hybrid cars.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 100 000.

    Chapter 2 3 — CURRENT ADMINISTRATIVE EXPENDITURE

    Remarks

    In connection with public procurement, the institution will consult the other institutions on the contractual terms each of them has obtained.

    Article 2 3 0 — Stationery, office supplies and miscellaneous consumables

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    200 000

    296 000

    168 615,80

    Remarks

    This appropriation is intended to cover the purchase of paper, envelopes, office supplies, supplies for the print shop and document reproduction workshops, etc., together with the related management costs.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 28 000.

    Article 2 3 1 — Financial charges

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    350 000

    1 850 000

    80 000,00

    Remarks

    This appropriation is intended to cover bank charges (commission, agios and miscellaneous charges) and other financial charges, including ancillary costs for the financing of buildings.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 100.

    Article 2 3 2 — Legal costs and damages

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    1 795 000

    1 635 000

    844 750,49

    Remarks

    This appropriation is intended to cover:

     the cost of hiring bailiffs to represent the European Parliament for the purpose of notification of its decisions,

     costs which may be awarded against the European Parliament by the Court of Justice, the General Court or national courts,

     the cost of hiring outside lawyers to represent the European Parliament in Union and national courts, and the cost of hiring legal advisers or experts to assist the Legal Service,

     reimbursement of lawyers’ fees in connection with disciplinary and equivalent proceedings,

     damages and interest expenses,

     compensation agreed through amicable settlement pursuant to Chapter 11 and Chapter 11a of Title III of the Rules of Procedure of the General Court or Chapter 7 of Title IV of the Rules of Procedure of the Court of Justice,

     administrative fines issued by the European Data Protection Supervisor.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 5 000.

    Legal basis

    Regulation (EU) 2018/1725 of the European Parliament and of the Council of 23 October 2018 on the protection of natural persons with regard to the processing of personal data by the Union institutions, bodies, offices and agencies and on the free movement of such data, and repealing Regulation (EC) No 45/2001 and Decision No 1247/2002/EC (OJ L 295, 21.11.2018, p. 39, ELI: http://data.europa.eu/eli/reg/2018/1725/oj).

    Article 2 3 6 — Postage on correspondence and delivery charges

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    268 000

    270 000

    296 196,49

    Remarks

    This appropriation is intended to cover charges for postage, processing and delivery by national postal services or private delivery firms.

    This appropriation is also intended to cover mail-handling services.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 12 000.

    Article 2 3 7 — Removals

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    1 437 000

    700 000

    1 592 272,11

    Remarks

    This appropriation is intended to cover the cost of removal and handling work carried out by removal firms or by temporary handling staff supplied by outside agencies.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 5 000.

    Article 2 3 8 — Other administrative expenditure

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    2 388 000

    2 385 000

    1 837 968,98

    Remarks

    This appropriation is intended to cover:

     insurance not specifically provided for in another item,

     the purchase and maintenance of uniforms for ushers, drivers, receptionists, warehouse staff, removal men and staff in the Visits and Seminars Unit, the Parlamentarium, the medical services, the security and building maintenance services and various technical services,

     miscellaneous operating and management expenses, including fees payable to the Office for the Administration and Payment of Individual Entitlements (PMO) for managing pensions payable to former Members under the Statute, expenses related to the security clearance of external persons working on the premises or in the systems of the European Parliament, purchases of goods or services not specifically provided for against another heading,

     miscellaneous purchases in connection with European Parliament’s corporate social responsibility, including Eco-Management Auditing Scheme (EMAS),

     miscellaneous services in connection with European Parliament’s financial and inventory management.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 5 000.

    Article 2 3 9 — EMAS and sustainability activities, including promotion, and the European Parliament’s carbon offsetting scheme

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    950 000

    250 000

    10 267,38

    Remarks

    This appropriation is intended to cover expenditure related to sustainability activities in the European Parliament and Eco-Management Auditing Scheme (EMAS) activities aimed at improving the environmental performance of the European Parliament, including the promotion of these activities, and to the European Parliament’s carbon offsetting scheme.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 5 000.

    Title 3 — EXPENDITURE RESULTING FROM GENERAL FUNCTIONS CARRIED OUT BY THE INSTITUTION

    Chapter 3 0 — MEETINGS AND CONFERENCES

    Article 3 0 0 — Expenses for staff missions and duty travel between the three places of work

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    29 470 000

    28 850 000

    21 855 556,57

    Remarks

    This appropriation is intended to cover expenditure on duty travel by staff of the institution, seconded national experts, trainees and staff of other European or international institutions invited by the institution between place of employment and any of the European Parliament’s three places of work (Brussels, Luxembourg and Strasbourg) and on missions to any location other than the three places of work. Expenditure is made up of transport costs, daily allowances, accommodation costs and compensatory allowances for unsocial hours. Ancillary costs (including cancellation of tickets and hotel reservations, electronic invoicing costs and mission insurance costs) are also covered.

    This appropriation is also intended to cover any expenditure on carbon offsetting relating to staff missions and duty travel.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 200 000.

    Legal basis

    Staff Regulations of Officials of the European Union, and in particular Article 71 thereof and Articles 11, 12 and 13 of Annex VII thereto.

    Article 3 0 2 — Reception and representation expenses

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    1 093 128

    1 028 900

    886 086,07

    Remarks

    This appropriation is intended to cover:

     expenses related to the obligations of the institution regarding receptions, including in connection with work relating to the assessment of scientific options (STOA), other research and forward-looking activities and representation expenses for Members of the institution,

     representation expenses of the President when he or she is travelling outside the places of work,

     musical projects,

     representation expenses and the contribution to the secretarial expenses of the President’s office,

     the Secretariat’s reception and representation expenses, including the purchase of items and medals for officials who have completed 15 or 25 years’ service,

     miscellaneous protocol expenditure, such as on flags, display stands, invitation cards and printed menus,

     travel and subsistence expenses incurred by VIP visitors to the institution,

     visa costs relating to official travel by Members and staff,

     reception and representation expenses and the other specific expenses for Members performing official duties at the European Parliament.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 100.

    Article 3 0 4 — Miscellaneous expenditure on meetings

    Item 3 0 4 0 — Miscellaneous expenditure on internal meetings

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    320 000

    370 000

    142 335,23

    Remarks

    This appropriation is intended to cover the costs of the beverages, refreshments and occasional light meals served at meetings held by the European Parliament or interinstitutional meetings organised on its premises, together with the management costs for these services.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 5 000.

    Item 3 0 4 2 — Meetings, congresses, conferences and delegations

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    3 185 301

    3 282 900

    1 351 568,80

    Remarks

    This appropriation is intended to cover, inter alia, expenses other than those covered under Chapter 1 0 and Article 3 0 0, connected with:

     the organisation of meetings outside the places of work (committees and committee delegations, political groups), including, where appropriate, representation expenditure,

     the organisation of interparliamentary delegations, ad hoc delegations, joint parliamentary committees, parliamentary cooperation committees, parliamentary delegations to the WTO, and the Parliamentary Conference on the WTO and its Steering Committee,

     the organisation of delegations to the ACP-EU Joint Parliamentary Assembly, the EuroLat Parliamentary Assembly and the Euronest Parliamentary Assembly and their bodies,

     the organisation of the Parliamentary Assembly of the Union for the Mediterranean (UfMPA), its committees and its Bureau; this expenditure includes the European Parliament’s contribution to the budget of the autonomous secretariat of the UfMPA or the direct defrayal of expenses representing the European Parliament’s share of the budget of the UfMPA,

     the affiliation fees in respect of international organisations to which the European Parliament or one of its bodies belongs (Interparliamentary Union, Association of Secretaries-General of Parliaments, Twelve Plus Group within the Interparliamentary Union),

     the reimbursement to the Commission, on the basis of a service agreement concluded between the European Parliament and the Commission, of the European Parliament’s share of the cost of producing EU laissez-passer (equipment, staff and supplies), in accordance with the Protocol on the Privileges and Immunities of the European Union (Article 6), Article 23 of the Staff Regulations of Officials of the European Union, Articles 11 and 81 of the Conditions of Employment of Other Servants of the European Union and Council Regulation (EU) No 1417/2013 of 17 December 2013 laying down the form of the laissez-passer issued by the European Union (OJ L 353, 28.12.2013, p. 26, ELI: http://data.europa.eu/eli/reg/2013/1417/oj),

     participation in meetings of the Steering Board of the InvestEU Programme and official meetings with the competent parliamentary committees’ members (including travel expenses, accommodation and catering) of persons appointed by the European Parliament in the Steering Board of the InvestEU Programme.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 5 000.

    Item 3 0 4 9 — Expenditure on travel agency services

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    3 660 000

    3 590 000

    3 393 000,00

    Remarks

    This appropriation is intended to cover the running costs of the travel agency under contract to the European Parliament.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 6 000.

    Chapter 3 2 — EXPERTISE AND INFORMATION: ACQUISITION, ARCHIVING, PRODUCTION AND DISSEMINATION

    Article 3 2 0 — Acquisition of expertise

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    9 961 999

    6 485 000

    3 134 202,80

    Remarks

    This appropriation is intended to cover:

     the cost of contracts with qualified experts and research institutes for studies and other research activities (workshops, round tables, expert panels or hearings, and conferences) or technical assistance activities that require specific skills and that are carried out for the European Parliament’s governing bodies, for the parliamentary committees, for the parliamentary delegations and for the administration,

     acquisition or hiring of specialised information sources, such as specialised databases, related literature or technical support, when needed to complement the expertise contracts mentioned above,

     the travel, subsistence and incidental expenses of experts and other persons, including petitioners to the European Parliament, invited to take part in committee, delegation, study group or working party meetings and in workshops,

     costs of participation of petitioners, including travel, subsistence and incidental expenses, during the official missions of the Committee on Petitions outside of the European Parliament premises,

     costs of dissemination of internal or external parliamentary research products and other relevant products, for the benefit of the institution and of the public (in particular by means of publications on the internet, internal databases, brochures and publications),

     expenditure on calling-in outside persons to take part in the work of bodies such as the Disciplinary Board,

     the cost of checks by specialised external service providers on the accuracy of documents supplied by candidates for recruitment.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 74 000.

    Article 3 2 1 — Expenditure on European parliamentary research services, including the library, the historical archives, scientific and technological options assessment (STOA) and the European Science-Media Hub

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    10 063 320

    10 134 000

    8 393 552,80

    Remarks

    This appropriation is intended to cover expenditure on the work of DG EPRS and the Historical Archives of the European Parliament, particularly:

     acquisition of specialised expertise and support for the European Parliament’s research activities (including articles, studies, workshops, seminars, round tables, expert panels and conferences) which may, if necessary, be carried out in partnership with other Institutions, international organisations, research departments and libraries of national parliaments, think tanks, research bodies and other qualified experts,

     acquisition of specialised expertise in the fields of impact assessment and of ex ante and ex post evaluation, European added value, and scientific and technological options assessment (STOA),

     acquisition or hiring of books, journals, newspapers, databases, press agency products and any other information medium for the library in various formats, including costs of copyright, the quality assurance system, materials and work involved in rebinding and conservation, and other relevant services,

     the cost of outside archiving services (organisation, selection, description, transfer to different media and to paperless form, acquisition of primary archive sources),

     acquisition, development, installation, operation and maintenance of special library and archiving documentation and of special media-library materials, including materials and electrical, electronic and computerised systems, and materials for rebinding and conservation,

     costs of dissemination of internal or external parliamentary research products and other relevant products, for the benefit of the institution and of the public (in particular by means of publications on the internet, internal databases, brochures and publications),

     travel, subsistence and associated costs of experts and authors invited to attend presentations, seminars, workshops or other such activities organised,

     participation by the services responsible for Scientific and Technological Options Assessment (STOA) in the activities of European and international scientific bodies,

     the European Parliament’s obligations under international and interinstitutional cooperation agreements, including the European Parliament’s contribution to the costs of managing the Union’s historical archives in accordance with Regulation (EEC, Euratom) No 354/83,

     the costs of the European Science-Media Hub, the operations of which are overseen by the European Parliament’s Panel for the Future of Science and Technology (STOA), in enhancing the interface between the European Parliament, the scientific community and the media, in order specifically to promote networking, training and knowledge dissemination. This includes for example:

     organising activities and dealing with expenses (including travel expenses, accommodation and catering) in connection with invitations to journalists, stakeholders and other experts to cover the activities concerned,

     setting up and maintaining networks at the interface between the European Parliament, the scientific community and the media,

     organising seminars, conferences and training courses on current scientific and technological developments and issues and on the nature and effectiveness of science journalism,

     harnessing expert information and analysis from academia, the media and other sources in the field of science and technology for the benefit of policy-makers and citizens,

     making European Parliament research and other relevant material in the field of science and technology more widely available by written, audiovisual and other means,

     developing techniques and methods for increasing the ability to identify and disseminate trustworthy sources in the field of science and technology,

     supporting the installation, upgrading and use of state-of-the-art technical equipment and media facilities in support of such dialogue,

     developing closer cooperation and, more generally, links between the European Parliament, relevant media outlets and universities and research centres in this field, including through promotion in the media of the role, and work of the European Science-Media Hub as well as its accessibility for citizens.

    This appropriation may also be used to support dialogue between the European Parliament and the university community, the media, think tanks and citizens with regard to foresight work on the long-term trends to be addressed by European Union decision-makers, both in the field of science and more broadly, through seminars, publications and other activities set out above.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 100.

    Legal basis

    Council Regulation (EEC, Euratom) No 354/83 of 1 February 1983 concerning the opening to the public of the historical archives of the European Economic Community and the European Atomic Energy Community (OJ L 43, 15.2.1983, p. 1, ELI: http://data.europa.eu/eli/reg/1983/354/oj).

    Regulation (EC) No 1049/2001 of the European Parliament and of the Council of 30 May 2001 regarding public access to European Parliament, Council and Commission documents (OJ L 145, 31.5.2001, p. 43, ELI: http://data.europa.eu/eli/reg/2001/1049/oj).

    Decision of the Bureau of the European Parliament of 28 November 2001 on rules governing public access to European Parliament documents, as last amended on 22 June 2011 (OJ C 216, 22.7.2011, p. 19).

    Decision of the Bureau of the European Parliament of 2 July 2012 on rules on document management in the European Parliament.

    European Parliament resolution of 8 October 2013 on forward policy planning and long-term trends: budgetary implications for capacity-building (OJ C 181, 19.5.2016, p. 16), and in particular paragraphs 7 and 9 thereof.

    Decision of the Bureau of the European Parliament of 10 March 2014 on procedures governing the European Parliament’s acquisition of private archives of Members and former Members.

    Decision of the Bureau of the European Parliament of 15 April 2019 on the STOA rules.

    Decision of the Bureau of the European Parliament of 17 June 2019 on the rules of the European Parliament Library.

    Article 3 2 2 — Documentation expenditure

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    2 973 500

    3 115 000

    3 221 682,79

    Remarks

    This appropriation is intended to cover:

     subscriptions to newspapers and periodicals and news agencies and to the publications thereof and online services, including copyright fees for the reproduction and dissemination of the above in written and/or electronic form and service contracts for press reviews and cuttings,

     subscriptions or service contracts for the supply of summaries and analyses of the content of periodicals or the storage on optical media of articles taken from such periodicals,

     utilising external documentary and statistical databases (computer hardware and telecommunications charges excepted),

     the purchase of new dictionaries and glossaries, or the replacement thereof, regardless of medium, including for the new language sections, and other works for the language services and the Legislative Quality Units.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 100.

    Article 3 2 3 — Support for democracy and capacity-building for the parliaments of third countries

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    1 400 000

    1 400 000

    517 672,34

    Remarks

    This appropriation is intended to cover:

     expenditure on programmes for the exchange of information and cooperation between the European Parliament and the national parliaments of the pre-accession countries, in particular the Western Balkans and Turkey,

     expenditure committed for promoting relations between the European Parliament and democratically elected national parliaments from third countries (other than those referred to in the previous indent) as well as with corresponding regional parliamentary organisations. The activities concerned are notably aimed at strengthening parliamentary capacity in new and emerging democracies in particular in the European Neighbourhood (South and East),

     expenditure on promoting activities in support of mediation, and programmes for young political leaders from the European Union and from countries in the wider European Neighbourhood: the Maghreb, Eastern Europe and Russia, Israeli-Palestinian dialogue and other priority countries as decided by the Democracy Support and Election Coordination Group,

     expenditure on organising the Sakharov Prize (in particular the amount of the prize, travel expenses of the winner(s) and other finalists and the costs of receiving them, operating costs of the Sakharov network and duty travel by members of the network) and on activities to promote human rights.

    These activities include information visits to the European Parliament in Brussels, Luxembourg or Strasbourg and visits to Member States and third countries. This appropriation covers, wholly or partially, the expenses of the participants, particularly travel, accommodation and daily subsistence.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 100.

    Legal basis

    Decision of the Bureau of the European Parliament of 12 December 2011 establishing the Directorate for Democracy Support in the Directorate-General for External Policies of the Union.

    Article 3 2 4 — Production and dissemination

    Item 3 2 4 0 — Official Journal

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    p.m.

    p.m.

    0,—

    Remarks

    This appropriation is intended to cover the institution’s share of the Publications Office’s expenditure on publishing and dissemination and other ancillary costs with regard to the texts to be published in the Official Journal of the European Union.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 5 000.

    Item 3 2 4 1 — Digital and traditional publications

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    1 579 800

    1 619 600

    2 137 349,13

    Remarks

    This appropriation is intended to cover:

     all costs for digital publishing (Intranet sites) and traditional publishing (miscellaneous documents and printed matter subcontracted out), including distribution,

     upgrading and evolutive and corrective maintenance of editorial systems.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 10 000.

    Item 3 2 4 2 — Expenditure on publication, information and participation in public events

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    26 530 000

    27 640 000

    36 366 874,13

    Remarks

    This appropriation is intended to cover:

     expenditure on communication relating to the values of the institution by means of information publications, including electronic publications, information activities, public relations, participation in public events, trade fairs and exhibitions,

     expenditure on communication in order to give the European Parliament a recognisable, coherent and positive public image, to develop communication products from the creative concept to the final product and capacity building towards an internal communication agency, including access to industry tools and external expert advice,

     co-financing of communication actions through a grants program in order to promote and multiply a better understanding of the identity, role and political nature of the European Parliament and to stimulate collaboration with multiplier networks,

     the cost relating to public opinion monitoring,

     the cost linked to monitoring, countering and raising awareness on the reputational risks, disinformation and hybrid threats,

     the cost of cultural projects of European interest, such as the European Parliament LUX Prize for European Cinema,

     the cost of organising and running events for young people, raising the European Parliament’s social media profile, and monitoring youth trends,

     costs relating to the mobile internet, interactive technologies, socialising spaces, collaborative platforms and changing internet user behaviour, with a view to bringing the European Parliament closer to citizens,

     the cost of in-house production, distribution and hosting by the European Parliament of web clips and other broadcast-ready multimedia material, in line with the European Parliament’s communication strategy,

     expenditure on works of art for the European Parliament, covering both the cost of acquiring and purchasing specific material and the current expenditure relating thereto, such as experts, conservation, framing, restoration, cleaning, insurance and ad-hoc transport costs.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 50 000.

    Item 3 2 4 3 — European Parliament visitor centres

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    25 180 000

    27 150 000

    26 687 400,69

    Remarks

    This appropriation is intended to finance installations, material and exhibitions at European Parliament visitor centres, in particular:

     the Parlamentarium — the European Parliament Visitors’ Centre in Brussels, including the mobile information points,

     reception facilities, ‘Europa Experience’ centres and information outlets away from Brussels,

     the activities of the House of European History, such as carrying out specific fitting-out work, acquiring collections, the cost of contracts with experts, and organising exhibitions, as well as its running costs, including expenditure on books, magazines and other publications related to the House of European History’s activities.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 4 000 000.

    Item 3 2 4 4 — Organisation and reception of groups of visitors, Euroscola programme and invitations to opinion multipliers from third countries

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    38 223 000

    38 496 000

    33 108 635,98

    Remarks

    This appropriation is intended to cover:

     subsidies granted for group visits and associated supervision and infrastructure costs, the financing of traineeships for opinion multipliers from third countries (EUVP) and the running costs of the Euroscola, Euromed-Scola and Euronest-Scola programmes. The Euromed-Scola and Euronest-Scola programmes shall take place each year, with the exception of election years, on an alternating basis, on the European Parliament’s premises in Strasbourg or in Brussels,

     activities to promote the EUVP,

     expenditure related to the implementation of the new visitors’ strategy and the organisation of the open days,

     media campaigns and the organisation of the European Parliament Ambassador School Programme.

    This appropriation shall be increased every year using a deflator that takes into account movements in GNI and prices.

    Each Member of the European Parliament is entitled to invite a maximum of five groups each calendar year for a total of 100 visitors. Visitor groups officially sponsored by a Member may take part in the Euroscola programme if invited to do so by that Member.

    An appropriate amount is included for visitors with disabilities.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 525 000.

    Legal basis

    Decision of the Bureau of the European Parliament of 16 December 2002 on rules governing the reception of groups of visitors and the Euroscola, Euromed-Scola and Euronest-Scola programmes, consolidated on 3 May 2004, as last amended and consolidated on 11 September and 2 October 2023.

    Decision of the Bureau of the European Parliament of 3 October 2016 on rules launching the European Parliament Ambassador School Programme in all Member States and Decision of the Bureau of the European Parliament of 16 September 2019 on the continuation of the European Parliament Ambassador School Programme beyond 2019.

    Decision of the Bureau of the European Parliament of 16 December 2020 on the participation of UK citizens and EU27 citizens living in the UK in Parliament’s communication programmes.

    Item 3 2 4 5 — Organisation of symposia and seminars

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    5 056 400

    4 803 050

    4 413 205,23

    Remarks

    This appropriation is intended to cover:

     expenditure or subsidies connected with the organisation of national or international symposia and seminars for opinion multipliers from the Member States, the accession countries and the countries in which the European Parliament has a liaison office or antenna, and the cost of organising parliamentary symposia and seminars,

     expenditure on special events in the Chamber in Strasbourg and Brussels in accordance with the annual programme adopted by the Bureau of the European Parliament,

     expenditure on conference management services, conference management and multilingualism support measures and tools such as seminars and conferences, meetings with providers of training for interpreters or translators, measures and actions to raise awareness of multilingualism and the profession of interpreter or translator, including a programme of grants for universities, schools and other organisations offering interpreting or translation courses, virtual communication solutions, organisation or participation in events for promotion and awareness of European Parliament careers, including events organised to enhance the attractiveness of the Luxembourgish site as well as participation in similar actions and measures organised jointly with other services in the context of interinstitutional and international cooperation,

     expenses connected with the organisation of symposia and seminars on information and communication technologies,

     the cost of inviting journalists or other opinion multipliers to plenary sittings, committee meetings, press conferences and other parliamentary activities,

     expenses related to the Daphne Caruana Galizia Prize,

     expenditure for the training of and scholarship for young journalists.

     expenditure relating to the organisation of conferences, seminars and other activities covering budgetary and financial issues of relevance to European Parliament’s administration and Members’ finance, including Members’ empowerment and the financing of political structures,

     expenses connected with the organisation of symposia and seminars on security and on parliamentary democracy at interinstitutional and international levels including outreach and awareness raising, through events and communication tools such as digital communication, visual design, promotional items, printing or audio-visual productions, etc.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 25 000.

    Legal basis

    Decision of the Bureau of the European Parliament of 5 October 2020 regarding the Daphne Caruana Galizia Prize for journalists.

    Item 3 2 4 8 — Expenditure on audiovisual information

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    22 087 500

    21 072 500

    24 575 954,24

    Remarks

    This appropriation is intended to cover:

     the purchase, hire, maintenance, repair and management of audiovisual equipment and installations,

     the operating budget of the audiovisual sector (including services under its own control and outside assistance such as technical services for radio and television stations, provision, production and co-production of audiovisual programmes, the hiring of lines, the transmission of television and radio programmes, and other measures to develop relations between the institution and audiovisual broadcasting bodies),

     expenditure on live internet broadcasting of plenary sittings and parliamentary committee meetings,

     the establishment of appropriate archives ensuring uninterrupted media and public access to that information,

     expenditure relating to the management and maintenance of the IT infrastructure in the press room in Strasbourg.

     service contracts for (i) the supply of media monitoring and analysis in the form of summaries of news and full-text articles from media outlets, (ii) the development and maintenance of a dedicated database for the storage of such data, and (iii) the (external) human resources needed to exploit that data.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 50 000.

    Legal basis

    European Parliament Resolution of 12 March 2002 on the guidelines for the 2003 budgetary procedure (OJ C 47 E, 27.2.2003, p. 72).

    European Parliament Resolution of 14 May 2002 on the estimates of revenue and expenditure of Parliament for the financial year 2003 (OJ C 180 E, 31.7.2003, p. 150).

    European Parliament Resolution of 14 May 2003 on the estimates of revenue and expenditure of Parliament for the financial year 2004 (OJ C 67 E, 17.3.2004, p. 179).

    Item 3 2 4 9 — Information exchanges with national parliaments

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    262 000

    258 000

    142 000,00

    Remarks

    This appropriation is intended to cover:

     expenditure committed for promoting relations between the European Parliament and national parliaments. It relates to parliamentary relations other than those covered by Chapters 1 0 and 3 0, exchanges of information and documentation, and assistance in the analysis and management of that information, including exchanges with the European Centre for Parliamentary Research and Documentation (ECPRD),

     funding of cooperation programmes and training schemes for officials of the European Parliament and national parliaments and, in general, activities to strengthen their parliamentary capacities.

    Training schemes include study visits to the European Parliament in Brussels, Luxembourg and Strasbourg; the appropriation is intended to cover all or part of the expenditure incurred by participants, in particular travelling costs, travel expenses, accommodation and daily allowances,

     cooperation measures, including those linked to legislative work, and measures linked to documentation, analysis and information and making the www.ipex.eu domain secure, including those carried out by the ECPRD.

    This appropriation aims at financing the cooperation between the European Parliament and national parliaments in the parliamentary scrutiny of the CFSP/CSDP, in accordance with the TEU and the TFEU, and in particular Articles 9 and 10 of Protocol No 1 on the role of national parliaments in the European Union.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 100.

    Legal basis

    Conferences of Speakers of European Parliamentary Assemblies (June 1977) and of European Union Parliaments (September 2000, March 2001).

    Article 3 2 5 — Expenditure relating to liaison offices

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    11 213 000

    11 088 000

    10 572 999,41

    Remarks

    This appropriation is intended to cover expenditure by the European Parliament’s liaison offices and antennas in the Member States and third countries:

     communication and information expenses (information and public events; internet — production, promotion, consultancy; seminars; audiovisual productions),

     activities designed to strengthen inter-parliamentary ties and legislative and stakeholders dialogue, promoting parliamentary democracy including engagement with relevant interlocutors,

     general expenditure and miscellaneous incidental expenditure (office supplies, telecommunications, delivery charges, handling, transport, storage, standard promotional items, databases and press subscriptions, etc.),

     media campaigns and the organisation of the European Parliament Ambassador School Programme.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 10 000.

    Title 4 — EXPENDITURE RESULTING FROM SPECIAL FUNCTIONS CARRIED OUT BY THE INSTITUTION

    Chapter 4 0 — EXPENDITURE RELATING TO CERTAIN INSTITUTIONS AND BODIES

    Article 4 0 0 — Current administrative expenditure and expenditure relating to the political and information activities of the political groups and non-attached Members

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    75 800 000

    70 000 000

    65 579 003,98

    Remarks

    This appropriation is intended to cover, in respect of the political groups and the non-attached Members:

     secretarial, administrative and operational expenditure,

     expenditure on political and information activities conducted in connection with the Union’s political activities.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 1 000 000.

    Legal basis

    Decision of the Bureau of the European Parliament of 30 June 2003 on rules on the use of appropriations from budget Item 4 0 0 as last amended on 4 July 2022.

    Article 4 0 2 — Funding of European political parties

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    46 000 000

    46 000 000

    37 953 095,70

    Remarks

    This appropriation is intended to finance political parties at European level. Good governance and robust scrutiny of the use of funds must be ensured.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 5 000 000.

    Legal basis

    Treaty on European Union, and in particular Article 10(4) thereof.

    Treaty on the Functioning of the European Union, and in particular Article 224 thereof.

    Regulation (EU, Euratom) No 1141/2014 of the European Parliament and of the Council of 22 October 2014 on the statute and funding of European political parties and European political foundations (OJ L 317, 4.11.2014, p. 1, ELI: http://data.europa.eu/eli/reg/2014/1141/oj).

    Decision of the Bureau of the European Parliament of 1 July 2019 laying down the procedures for implementing Regulation (EU, Euratom) No 1141/2014 of the European Parliament and of the Council on the statute and funding of European political parties and European political foundations (OJ C 249, 25.7.2019, p. 2).

    Article 4 0 3 — Funding of European political foundations

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    25 000 000

    24 000 000

    21 871 071,50

    Remarks

    This appropriation is intended to finance political foundations at European level. Good governance and robust scrutiny of the use of funds must be ensured.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 100 000.

    Legal basis

    Treaty on European Union, and in particular Article 10(4) thereof.

    Treaty on the Functioning of the European Union, and in particular Article 224 thereof.

    Regulation (EU, Euratom) No 1141/2014 of the European Parliament and of the Council of 22 October 2014 on the statute and funding of European political parties and European political foundations (OJ L 317, 4.11.2014, p. 1, ELI: http://data.europa.eu/eli/reg/2014/1141/oj).

    Decision of the Bureau of the European Parliament of 1 July 2019 laying down the procedures for implementing Regulation (EU, Euratom) No 1141/2014 of the European Parliament and of the Council on the statute and funding of European political parties and European political foundations (OJ C 249, 25.7.2019, p. 2).

    Chapter 4 2 — EXPENDITURE RELATING TO PARLIAMENTARY ASSISTANCE

    Article 4 2 2 — Expenditure relating to parliamentary assistance

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    279 165 340

    263 855 176

    222 263 343,15

    Remarks

    This appropriation is intended to cover:

     costs relating to staff and service providers responsible for the provision of parliamentary assistance to Members, as well as costs relating to paying agents,

     mission and training expenses (external courses) for accredited parliamentary assistants and expenditure on any carbon offsetting in connection with their missions and duty travel,

     exchange differences to be met from the budget of the European Parliament in accordance with the provisions applicable to reimbursement of parliamentary assistance expenses, as well as expenditure on parliamentary assistance management support services,

     emoluments for trainees (scholarships),

     contribution to the cost of lunches of trainees at the European Parliament’s canteens,

     compensation of study visits with Members,

     travel expenses of trainees and study visitors with Members,

     sickness and accident insurance for trainees and study visitors with Members,

     costs connected with the holding of information or training sessions for trainees.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 775 000.

    Legal basis

    Statute for Members of the European Parliament, and in particular Article 21 thereof.

    Implementing measures for the Statute for Members of the European Parliament, and in particular Articles 29 to 41 thereof.

    Conditions of Employment of Other Servants of the European Union, and in particular Article 5a and Articles 125 to 139 thereof.

    Decision of the Bureau of the European Parliament of 14 April 2014 on implementing measures for Title VII of the Conditions of Employment of Other Servants of the European Union.

    Decision of the Bureau of the European Parliament of 10 December 2018 on the rules concerning Members’ trainees.

    Decision of the Secretary-General of the European Parliament of 29 April 2021 on the internal rules governing traineeships in the Secretariat of the European Parliament.

    Chapter 4 4 — MEETINGS AND OTHER ACTIVITIES OF CURRENT AND FORMER MEMBERS

    Article 4 4 0 — Cost of meetings and other activities of former Members

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    316 000

    310 000

    300 000,00

    Remarks

    This appropriation is intended to cover the cost of meetings of the association of former Members of the European Parliament plus any other associated costs, if appropriate.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 100.

    Legal basis

    Decision of the Bureau of the European Parliament of 14 January 2008 on rules governing contributions to Parliamentary associations (Budget Articles 4 4 0 and 4 4 2) as last amended on 18 October 2021.

    Article 4 4 2 — Cost of meetings and other activities of the European Parliamentary Association

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    316 000

    310 000

    293 203,56

    Remarks

    This appropriation is intended to cover the cost of meetings of the European Parliamentary Association plus, if appropriate, any other associated costs.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 100.

    Legal basis

    Decision of the Bureau of the European Parliament of 14 January 2008 on rules governing contributions to Parliamentary associations (Budget Articles 4 4 0 and 4 4 2) as last amended on 18 October 2021.

    Title 5 — THE AUTHORITY FOR EUROPEAN POLITICAL PARTIES AND EUROPEAN POLITICAL FOUNDATIONS AND THE COMMITTEE OF INDEPENDENT EMINENT PERSONS

    Chapter 5 0 — Expenditure of the Authority for European political parties and European political foundations and the Committee of independent eminent persons

    Article 5 0 0 — Operational expenditure of the Authority for European political parties and European political foundations

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    416 160

    408 000

    100 839,83

    Remarks

    This appropriation is intended to cover the expenditure of the Authority for European political parties and European political foundations to ensure its full and independent operation.

    It covers, in particular, the expenditure specific to the Authority’s remit with regard to specialised professional training, mandate-related meetings and coordination with other Union bodies and national authorities, acquisition of tailor-made software and IT services, acquisition of expertise, consultancy services, including studies, and documentation, legal costs and damages, and publishing and information activities. It also covers expenditure to cover any invoicing by an institution in the event of an overrun as regards the volume or cost of goods or services made available to the Authority by institutions under service agreements pursuant to Article 6(4) et seq. of Regulation (EU, Euratom) No 1141/2014.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 416 160. That revenue includes, in particular, support for the operation of the Authority by institutions other than the European Parliament, pursuant to Article 6(6) of Regulation (EU, Euratom) No 1141/2014.

    Legal basis

    Regulation (EU, Euratom) No 1141/2014 of the European Parliament and of the Council of 22 October 2014 on the statute and funding of European political parties and European political foundations (OJ L 317, 4.11.2014, p. 1, ELI: http://data.europa.eu/eli/reg/2014/1141/oj), and in particular Article 6(1) and (7) thereof.

    Article 5 0 1 — Expenditure related to the committee of independent eminent persons

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    20 000

    20 000

    0,—

    Remarks

    This appropriation is intended to cover the expenditure linked to the secretariat and the funding of the committee of independent eminent persons.

    The amount of assigned revenue in accordance with Article 21(3) of the Financial Regulation is estimated at EUR 100.

    Legal basis

    Regulation (EU, Euratom) No 1141/2014 of the European Parliament and of the Council of 22 October 2014 on the statute and funding of European political parties and European political foundations (OJ L 317, 4.11.2014, p. 1, ELI: http://data.europa.eu/eli/reg/2014/1141/oj), and in particular Article 11(2) thereof.

    Title 10 — OTHER EXPENDITURE

    Chapter 10 0 — PROVISIONAL APPROPRIATIONS

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    p.m.

    3.3100.000

    0,—

    Remarks

    The appropriations entered in this chapter are purely provisional and may only be used after the adoption of the legal basis for the payment of a ‘housing allowance for staff in Luxembourg’ and after their transfer to other budget lines in accordance with the Financial Regulation.

    Chapter 10 1 — CONTINGENCY RESERVE

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    6 000 000

    7 200 000

    0,—

    Remarks

    This appropriation is intended to cover expenditure resulting from budgetary decisions taken in the course of the financial year (expenditure that cannot be estimated).

    Chapter 10 3 — ENLARGEMENT RESERVE

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    p.m.

    p.m.

    0,—

    Remarks

    This appropriation is intended to cover the cost of the institution’s preparations for enlargement.

    Chapter 10 4 — RESERVE FOR INFORMATION AND COMMUNICATION POLICY

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    p.m.

    p.m.

    0,—

    Remarks

    This appropriation is intended to cover expenditure on information and communication policy.

    Chapter 10 5 — PROVISIONAL APPROPRIATION FOR IMMOVABLE PROPERTY

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    p.m.

    p.m.

    0,—

    Remarks

    This appropriation is intended to cover property investments and fitting-out work carried out by the institution. The Bureau of the European Parliament is requested to adopt a coherent and responsible long-term strategy in the area of immovable property which takes into account the particular problem of increasing maintenance costs, renovation needs and security costs and ensures the sustainability of the European Parliament’s budget.

    Chapter 10 6 — RESERVE FOR PRIORITY PROJECTS UNDER DEVELOPMENT

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    p.m.

    p.m.

    0,—

    Remarks

    This appropriation is intended to cover expenditure on the institution’s priority projects under development.

    Chapter 10 8 — EMAS RESERVE

    Figures (Non-differentiated appropriations)

    2026 appropriations

    2025 appropriations

    2024 out-turn

    p.m.

    p.m.

    0,—

    Remarks

    Further to the decisions to be taken by the Bureau of the European Parliament for implementation of the EMAS action plan, in particular following the European Parliament’s carbon audit, this appropriation is intended to endow the relevant operational headings.

    MIL OSI Europe News

  • MIL-OSI: CoinShares Publishes 2024 Annual Report

    Source: GlobeNewswire (MIL-OSI)

     1 April 2025 | SAINT HELIER, Jersey | CoinShares International Limited (“CoinShares” or the “Company”) (Nasdaq Stockholm: CS; US OTCQX: CNSRF), the leading European investment company specialising in digital assets, today published its 2024 Annual Report. 

    The report includes the audited financial statements for the year ending 31 December 2024.

    The full report can be found here.

    2024 Financial Highlights

    Total revenue, gains and other income of £126.5 million (2023: £79.5 million), of which:

    • Asset Management fees of £87.2 million (2023: £43.0 million)
    • Capital Markets gains and other income of £57.0 million (2023: £32.8 million)
    • Principal Investment loss of £17.7 million (2023: gain of £3.7 million) 

    EBITDA of £109.5 million (2023: £50.9 million)

    Total comprehensive income for the year of £107.2 million (2023: £38.4 million)

    Net asset position of the Group as of 31 December 2024 of £314.0 million (December 2023: £239.2 million)

    About CoinShares
    CoinShares is a leading global investment company specialising in digital assets, that delivers a broad range of financial services across investment management, trading and securities to a wide array of clients that includes corporations, financial institutions and individuals. Focusing on crypto since 2013, the firm is headquartered in Jersey, with offices in France, Sweden, Switzerland, the UK and the US. CoinShares is regulated in Jersey by the Jersey Financial Services Commission, in France by the Autorité des marchés financiers, and in the US by the Securities and Exchange Commission, National Futures Association and Financial Industry Regulatory Authority. CoinShares is publicly listed on the Nasdaq Stockholm under the ticker CS and the OTCQX under the ticker CNSRF.

    For more information on CoinShares, please visit: https://coinshares.com
    Company | +44 (0)1534 513 100 | enquiries@coinshares.com
    Investor Relations | +44 (0)1534 513 100 | enquiries@coinshares.com

    PRESS CONTACT

    CoinShares                                                              M Group Strategic Communications
    Benoit Pellevoizin                                                     Peter Padovano
    bpellevoizin@coinshares.com                                  press@coinshares.com
    +33 6 72 44 07 17

    This information is information that CoinShares International Limited is obliged to make public pursuant to the EU Market Abuse Regulation (596/2014). The information in this press release has been published through the agency of the contact persons set out above, at 07:00 BST on Tuesday, 1 April 2025.

    The MIL Network

  • MIL-OSI: TGS Launches New Multi-Client Ultra Long Offset OBN Project in the Gulf of America

    Source: GlobeNewswire (MIL-OSI)

    OSLO, Norway (1 April 2025) – TGS, a leading global provider of energy data and intelligence, announces the commencement of a new Multi-Client Ultra Long Offset Ocean Bottom Node (OBN) data acquisition campaign in the Gulf of America. The Amendment 4 project will expand node coverage in TGS’ Multi-Client library, adding over 1,100 square kilometers in the Mississippi Canyon, Ewing Banks, and Grand Isle South areas.

    Amendment 4 will feature TGS’ Gemini enhanced frequency source, offering lower frequency and improved signal-to-noise for ultra-long offset OBN seismic compared to conventional seismic sources. This advanced frequency source will enhance input data for TGS’ elastic full waveform inversion (eFWI) algorithm, resulting in more accurate subsurface imaging of the complex subsalt geology in the region. The acquisition phase of this program is scheduled for completion in Q2 2025, with final deliverables available in Q2 2026.

    Kristian Johansen, CEO of TGS, commented: “This ongoing acquisition campaign underscores the critical role of OBN acquisition in providing our clients with superior seismic data. We are pleased to continue our efforts in the Gulf of America and look forward to supporting our clients’ needs with our advanced data acquisition and imaging solutions.”

    The project, supported by industry funding, is anticipated to deliver industry-leading subsurface imaging, enabling oil and gas operators to make more informed decisions and mitigate drilling risks.

    About TGS
    TGS provides advanced data and intelligence to companies active in the energy sector. With leading-edge technology and solutions spanning the entire energy value chain, TGS offers a comprehensive range of insights to help clients make better decisions. Our broad range of products and advanced data technologies, coupled with a global, extensive and diverse energy data library, make TGS a trusted partner in supporting the exploration and production of energy resources worldwide. For further information, please visit www.tgs.com (https://www.tgs.com/).

    Forward Looking Statement
    All statements in this press release other than statements of historical fact are forward-looking statements, which are subject to a number of risks, uncertainties and assumptions that are difficult to predict and are based upon assumptions as to future events that may not prove accurate. These factors include volatile market conditions, investment opportunities in new and existing markets, demand for licensing of data within the energy industry, operational challenges, and reliance on a cyclical industry and principal customers. Actual results may differ materially from those expected or projected in the forward-looking statements. TGS undertakes no responsibility or obligation to update or alter forward-looking statements for any reason.

    For more information, visit TGS.com or contact:

    Bard Stenberg
    VP, IR & Business Intelligence
    Mobile +47 992 45 235
    investor@tgs.com

    The MIL Network

  • MIL-OSI: ZA Miner Launches Free Cloud Mining Platform, Empowering Bitcoin and Dogecoin Enthusiasts in 2025

    Source: GlobeNewswire (MIL-OSI)

    Earn passive income with Zaminer’s cloud mining platform.

    MIDDLESEX, United Kingdom, April 01, 2025 (GLOBE NEWSWIRE) — ZA Miner, a leading cloud mining provider, has introduced a free cloud mining platform, enabling Bitcoin and Dogecoin enthusiasts worldwide to earn passive income without upfront investment. This innovative model aligns with global pro-crypto policies and the growing demand for accessible digital asset mining.

    Transforming the Future of Cloud Mining

    With cryptocurrency reshaping global financial landscapes, ZA Miner is at the forefront of making mining more inclusive. Unlike traditional methods that require costly hardware, ZA Miner’s cloud-based model allows users to mine Bitcoin (BTC), Dogecoin (DOGE), and Litecoin (LTC) seamlessly, without the need for expensive rigs or high electricity costs.

    Headquartered in Middlesex, UK, and leveraging mining facilities in energy-rich regions like Kazakhstan and Iceland, ZA Miner optimizes efficiency and sustainability in crypto mining. The company’s strategic locations ensure low operational costs while maintaining high mining output, giving users a competitive edge in the evolving crypto market.

    How ZA Miner’s Free Cloud Mining Works

    ZA Miner eliminates technical barriers by offering an intuitive, risk-free mining experience. New users receive a $100 free mining contract, allowing them to explore cloud mining without financial commitment. The platform also offers flexible contract options tailored to different investment goals, ensuring profitability for both beginners and seasoned crypto investors.

    Zaminer’s contract options provide flexible earning opportunities for users at all levels.

    Key Benefits of ZA Miner’s Cloud Mining

    • Free Mining Package – $100 bonus for new users to start mining immediately.
    • No Hardware Required – Mine Bitcoin, Dogecoin, and Litecoin without expensive equipment.
    • Daily Payouts – Earn consistent passive income with automated distributions.
    • No Electricity Costs – Cloud-based infrastructure reduces overhead expenses.
    • UK-Based & Regulated – Compliance with financial authorities enhances credibility.
    • Robust Security – SSL encryption and DDoS protection ensure safe transactions.
    • Affiliate Program – Earn commissions of up to 7% by referring new users.

    Getting Started with ZA Miner

    1. Sign Up – Register using an email address.
    2. Claim Free Mining ContractStart mining immediately with the $100 bonus.
    3. Choose a Plan – Upgrade to premium contracts for higher earnings.

    Pioneering the Future of Decentralized Finance

    As cryptocurrency adoption accelerates globally, ZA Miner is redefining accessibility in the mining sector. By offering free mining opportunities and competitive contract rates, the company is empowering individuals to participate in the digital economy effortlessly. With a commitment to transparency, security, and financial inclusion, ZA Miner is set to become a key player in the future of decentralized finance.

    For more information, visit www.zaminer.com or follow ZA Miner on Twitter: https://x.com/zamining and YouTube: https://www.youtube.com/@Zaminers.

    Media Contact:
    SHEIKH, Anisah Fatema
    ZA FUNDINGS LTD
    info@zaminer.com
    https://www.zaminer.com/

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/7e2f81ce-daef-4bcf-b6a6-8e7802f2133e

    https://www.globenewswire.com/NewsRoom/AttachmentNg/78acd684-02ff-4af4-ac3e-08356a0255e1

     

    The MIL Network

  • MIL-OSI China: Sweden unveils new military aid for Ukraine

    Source: China State Council Information Office

    Sweden on Monday pledged 16 billion Swedish kronor (1.59 billion U.S. dollars) in new military support for Ukraine.

    The package would bring Sweden’s total military assistance to Kiev to 29.5 billion Swedish kronor this year and around 80 billion Swedish kronor since 2022, the government said.

    “This is our largest military support package to date,” Swedish Defence Minister Pal Jonson said on social media platform X.

    The aid would include air defence systems, artillery, satellite communications, and naval support, as well as equipment from the Swedish Armed Forces and industry. (1 Swedish krona = 0.099 U.S. dollar)

    MIL OSI China News

  • MIL-Evening Report: Hotter and deeper: how NZ’s plan to drill for ‘supercritical’ geothermal energy holds promise and risk

    Source: The Conversation (Au and NZ) – By David Dempsey, Associate Professor in Natural Resources Engineering, University of Canterbury

    Shutterstock/donvictorio

    New Zealand’s North Island features a number of geothermal systems, several of which are used to generate some 1,000 MegaWatts of electricity. But deeper down there may be even more potential.

    The government is now investing NZ$60 million to explore what is known as “supercritical” geothermal energy, following five years of feasibility research led by GNS Science.

    Supercritical geothermal is hotter and deeper than conventional geothermal sources. It targets rocks between 375°C and 500°C, close to – but not within – magma.

    Water at these temperatures and depths has three to seven times more energy for conversion to electricity, compared to ordinary geothermal generation at comparatively cooler temperatures of 200°C to 300°C.

    The investment is staged, with $5 million earmarked for international consultants to design a super-deep well, and further funds to be released later for drilling to depths of up to six kilometres. Consultation is underway, with resources minister Shane Jones hoping to convince Māori landowners to collaborate.

    New Zealand already produces 1,000MW of electricity from conventional geothermal sources.
    Shutterstock/Chrispo

    GNS Science estimates the central North Island might have about 3,500MW worth of this resource, although actually accessing it might be difficult and expensive. The energy consulting firm Castalia was engaged to predict how much would be worth developing, suggesting between 1,300MW and 2,000MW, starting from 2037.

    This would be a lot of extra power. Even better, it would reduce the peaks and troughs in generation that arise from more variable solar and wind sources, which are expected to make up a growing share of electricity generation in the future. Supercritical geothermal is reportedly cost effective, which means the technology deserves serious consideration. But such claims should be subject to scrutiny.

    Successive governments have supported major state energy projects, including the Manapouri power station, petroleum exploration during the early 2000s, early geothermal drilling and the investigation of a pumped hydro scheme at Lake Onslow. The need for energy security clearly motivates such investments.

    But New Zealand has a healthy geothermal industry. In the past two decades, geothermal companies have invested $2 billion in hundreds of new wells and new power plants. The industry already knows how to drill wells and profit from them. So why is the government stepping in now?

    In practice, supercritical geothermal exploration and development faces several research, technical and economic risks. Private enterprise seems unwilling to bear them alone, prompting the government to step in to establish feasibility.

    How to crack soft rock

    One problem supercritical geothermal might encounter is that drilling deeper might find lots of hot rock, but not much water. Drilling experiments in Japan and Italy have shown that reaching 500°C is possible, but in both cases the rock was so ductile (pliable and easily stretched) because of the high temperatures that it couldn’t keep open the gaps needed for water to flow.

    However, the experience was different in Iceland where two wells managed to find water above 400°C. At this stage, it’s not clear whether this is because Iceland has special rocks – particularly basalts, which are less ductile – or because the country is being stretched through tectonic forces at a high rate. New Zealand is less able to count on basalts but it does experience rapid tectonic stretching.

    Deep drilling would test this key hypothesis: is there permeability (gaps for water to flow through) at supercritical conditions? The only way to know for sure is to drill down.

    If there isn’t permeability, the government could either abandon the investment or look into methods to create it. Multi-stage hydraulic fracturing (“fracking”) is an option which has worked overseas in the North American shale gas industry. It has also recently been demonstrated in some US geothermal systems.

    Even if we did find permeability, the water produced in Iceland’s supercritical wells was enormously corrosive. A better option then might be to inject cold water into the well, suppressing the corrosive fluids. The injected water would heat up and rise into the overlying geothermal system – flushing the heat upwards.

    However, both water injection and fracking can trigger earthquakes, perhaps a magnitude 4-5 every year or a magnitude 5-6 every few decades. This happened in 2017 in Pohang in South Korea where water injection triggered a magnitude 5.5 earthquake. It resulted in the cancellation of the geothermal project.

    But there are many other geothermal projects where injection has not led to concerning earthquake activity.

    Fierce competition from solar, wind and batteries

    The other risk is economic. Supercritical geothermal might one day be technically feasible, but its potential contribution in New Zealand will be limited if it can’t beat other generation technologies on cost.

    Worldwide, the renewable energy sector continues to be disrupted by unprecedented cost decreases driven by innovations in utility-scale battery storage and solar photovoltaics.

    But the supply chains are largely overseas, mostly concentrated in China. This adds geopolitical complexity to the energy security calculus. Homegrown solutions are a strength.

    Nevertheless, the International Renewable Energy Agency reports cost reductions for solar and battery modules of 89% and 86% between 2010 and 2023. Solar costs drop 33% each time the built amount doubles. Drops in battery cost are enabling large deployments for daily smoothing of the peaks and troughs of intermittent solar and wind generation.

    This shifting cost landscape creates financial uncertainty for energy investors. While cost declines might not continue forever, it’s hard to pick when they will level off. Meanwhile, geothermal costs have been flat for a long time. A billion-dollar geothermal investment might quickly become uncompetitive.

    Despite all these caveats, we shouldn’t overlook the positive signal of the government taking a bet on New Zealand science and innovation. It will be exciting to see what’s happening at six kilometres of depth underground. And although the plan is not to drill for magma, an accidental strike (as happened in Iceland) would lead to some amazing science.

    Lastly, energy security deserves to be taken seriously over the long term. While supercritical geothermal won’t fix our immediate vulnerability to winter scarcity, it could help avoid similar issues in the 2040s.

    David Dempsey receives science funding from MBIE for research into geothermal energy.

    ref. Hotter and deeper: how NZ’s plan to drill for ‘supercritical’ geothermal energy holds promise and risk – https://theconversation.com/hotter-and-deeper-how-nzs-plan-to-drill-for-supercritical-geothermal-energy-holds-promise-and-risk-252910

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Submissions: Energy – Johan Castberg strengthens Norway as a long-term energy exporter – Equinor

    Source: Equinor

    31 March, at 10.35, the Johan Castberg oil field in the Barents Sea came on stream. The field will be producing for 30 years and bolsters Norway’s role as a reliable and long-term supplier of energy.

    At peak, Johan Castberg can produce 220,000 barrels of oil per day, and recoverable volumes are estimated at between 450 and 650 million barrels.

    “This is a red-letter day.The Johan Castberg field will contribute crucial energy, value creation, ripple effects and jobs for at least 30 years to come. We expect that this major field development with a price tag of NOK 86 billion (2024) will be repaid in less than two years,” says Geir Tungesvik, Equinor’s executive vice president for Projects, Drilling and Procurement.

    12 of the 30 total wells are ready for production, and this is sufficient to bring the field up to expected plateau production in the second quarter of 2025.

    “Johan Castberg opens a new region for oil recovery and will create more opportunities in the Barents Sea. We’ve already made new discoveries in the area and will keep exploring together with our partners. We’ve identified options to add 250-550 million new recoverable barrels that can be developed and produced over Johan Castberg,” says Kjetil Hove, Equinor’s executive vice president for Exploration & Production Norway.

    The Norwegian supplier industry has accounted for more than 70 per cent of deliveries to the project during the development phase. In operation, this will increase to more than 95 per cent, with a Northern Norwegian share of more than 40 per cent. One of three employees on board the FPSO lives in Northern Norway. 84 per cent of the revenue from the field will be transferred to the Norwegian state through tax and the state’s direct participating interest.

    The field’s supply base and helicopter base are in Hammerfest and will be operated from Equinor’s office in Harstad. A total of 30 wells will be drilled on the Johan Castberg field, and drilling operations are expected to continue towards late 2026, which will yield significant activity in Hammerfest.

    “Johan Castberg has been a massive and challenging project, and I want to extend my very sincere thanks to everyone who contributed on the road leading to first oil and operation, both our partners Vår Energi and Petoro, our suppliers and our own employees. 79 million hours of work have been recorded in the project, and the HSE results are very good. Now the field will produce for 30 years and generate substantial values,” Tungesvik says.

    Facts about Johan Castberg

    • Licensees: Equinor Energy AS (operator) 46.3%, Vår Energi ASA 30%, Petoro AS 23.7%.
    • The Johan Castberg field consists of the Skrugard, Havis and Drivis discoveries, which were made between 2011 and 2014.
    • Location: Johan Castberg is located approx. 100 kilometres north of the Snøhvit field in the Barents Sea in blocks 7219/9 and 7220/4,5,7 approximately 150 km from Goliat and around 240 km from Melkøya. The water depth is 360-390 metres, and Skrugard and Havis are 7 km apart.
    • Johan Castberg is the second oil field in the Barents Sea and Norway’s northernmost field.
    • The field development is based on a production vessel tied back to an extensive subsea field with a total of 30 wells distributed between 10 well templates and two satellite structures.

    MIL OSI – Submitted News

  • MIL-OSI: IDEX Biometrics ASA – Information about the second exercise period for warrants (Warrants B) issued in connection with the Private Placement and Subsequent Offering

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS STOCK EXCHANGE ANNOUNCEMENT.

    Oslo, Norway – 31 March 2025 – Reference is made to the stock exchange announcements from IDEX Biometrics ASA (the “Company”) dated 17 September and 12 December 2024 regarding the exercise period for Warrants B (ticker: IDEXS), ISIN NO0013380055, issued in connection with the private placement in September 2024 and subsequent offering in December 2024.

    The exercise period for Warrants B commenced today, on 31 March 2025, and ends on 11 April 2025 at 16:30 CET. Each Warrant gives the holder a right to subscribe for one new share (“New Share”) in the Company at a subscription price of NOK 0.15. All Warrants B not exercised within this period will lapse without compensation to the holder. Arctic Securities AS is acting as manager in connection with the exercise of Warrants B (the “Manager”).

    Exercise procedure

    Warrants are exercised through the submission of a duly completed exercise form for the Warrants (the “Exercise Form”) to the Manager at the address or email address set out in the Prospectus and the Exercise Form and payment of the aggregate subscription price for the New Shares. The Exercise Form can be found at the websites of the Company (https://www.idexbiometrics.com/investors/), and Arctic Securities AS (www.arctic.com/secno/en/offerings). By completing and submitting an Exercise Form, the holder of the relevant Warrants irrevocably undertakes to acquire a number New Shares equal to the number of Warrants exercised at the relevant exercise price.

    For more information relating to the Warrants, please refer to the Prospectus approved and published by the Company on 13 November 2024.

    For further information contact:

    Marianne Bøe, Head of Investor Relations, +47 91800186
    Kristian Flaten, CFO, +47 95092322

    E-mail:ir@idexbiometrics.com

    For information about the Warrants please contact the Manager: Arctic Securities AS, tel.: + 47 21 01 30 40

    About IDEX Biometrics IDEX Biometrics ASA (OSE: IDEX) is a global technology leader in fingerprint biometrics, offering authentication solutions across payments, access control, and digital identity. The company’s solutions provide convenience, security, peace of mind, and seamless user experiences worldwide. Built on patented and proprietary sensor technologies, integrated circuit designs, and software, IDEX Biometrics’ biometric solutions target card-based applications for payments and digital authentication. As an industry enabler, the company partners with leading card manufacturers and technology companies to bring its solutions to market.

    For more information, please visit www.idexbiometrics.com (https://www.idexbiometrics.com).    

    –  IMPORTANT INFORMATION –

    This announcement does not constitute an offer of securities for sale or a solicitation of an offer to purchase securities of the Company in the United States or any other jurisdiction. The securities of the Company may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”). The securities of the Company have not been, and will not be, registered under the U.S. Securities Act. Any sale in the United States of the securities mentioned in this communication will be made solely to “qualified institutional buyers” as defined in Rule 144A under the U.S. Securities Act. No public offering of the securities will be made in the United States.

    This announcement has been prepared on the basis that any offer of securities in any Member State of the European Economic Area, other than Norway, which has implemented the Prospectus Regulation (EU) (2017/1129, as amended, the “Prospectus Regulation”) (each, a “Relevant Member State”) will be made pursuant to an exemption under the Prospectus Regulation, as implemented in that Relevant Member State, from the requirement to publish a prospectus for offers of securities. Accordingly any person making or intending to make any offer in that Relevant Member State of securities which are the subject of the offering contemplated in this announcement, may only do so in circumstances in which no obligation arises for the Company or any of the Managers to publish a prospectus pursuant to Article 3 of the Prospectus Regulation or supplement a prospectus pursuant to Article 16 of the Prospectus Regulation, in each case, in relation to such offer.

    In the United Kingdom, this announcement is only addressed to and is only directed at Qualified Investors who (i) are investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (the “Order”) or (ii) are persons falling within Article 49(2)(a) to (d) of the Order (high net worth companies, unincorporated associations, etc.) (all such persons together being referred to as “Relevant Persons”). This announcement are directed only at Relevant Persons and must not be acted on or relied on by persons who are not Relevant Persons. Any investment or investment activity to which this announcement relates is available only to Relevant Persons and will be engaged in only with Relevant Persons. Persons distributing this communication must satisfy themselves that it is lawful to do so.

    Matters discussed in this announcement may constitute forward-looking statements. Forward-looking statements are statements that are not historical facts and may be identified by words such as “anticipate”, “believe”, “continue”, “estimate”, “expect”, “intends”, “may”, “should”, “will” and similar expressions. The forward-looking statements in this release are based upon various assumptions, many of which are based, in turn, upon further assumptions. Although the Company believes that these assumptions were reasonable when made, these assumptions are inherently subject to significant known and unknown risks, uncertainties, contingencies and other important factors which are difficult or impossible to predict and are beyond its control. Such risks, uncertainties, contingencies and other important factors could cause actual events to differ materially from the expectations expressed or implied in this release by such forward-looking statements. The information, opinions and forward-looking statements contained in this announcement speak only as at its date, and are subject to change without notice.

    This announcement is made by and, and is the responsibility of, the Company. The Manager is acting exclusively for the Company and no one else and will not be responsible to anyone other than the Company for providing the protections afforded to its respective clients, or for advice in relation to the contents of this announcement or any of the matters referred to herein.

    Neither the Manager nor any of its affiliates makes any representation as to the accuracy or completeness of this announcement and none of them accepts any responsibility for the contents of this announcement or any matters referred to herein.

    This announcement is for information purposes only and is not to be relied upon in substitution for the exercise of independent judgment. It is not intended as investment advice and under no circumstances is it to be used or considered as an offer to sell, or a solicitation of an offer to buy any securities or a recommendation to buy or sell any securities of the Company. Neither the Manager nor any of its affiliates accepts any liability arising from the use of this announcement. Any offering of the securities referred to in this announcement will be made by means of a prospectus.

    This announcement is an advertisement and is not a prospectus for the purposes of the Prospectus Regulation. Investors should not subscribe for any securities referred to in this announcement except on the basis of information contained in the Prospectus dated 13 November 2024 and stock exchange announcements published in connection with the private placement, subsequent offering  and the Warrants. Copies of the Prospectus is available from the Company’s registered office and, subject to certain exceptions, on the websites of the Company (www.idexbiometrics.com), Arctic Securities AS (www.arctic.com/secno/en/offerings).

    Each of the Company, the Manager and their respective affiliates expressly disclaims any obligation or undertaking to update, review or revise any statement contained in this announcement whether as a result of new information, future developments or otherwise.

    The distribution of this announcement and other information may be restricted by law in certain jurisdictions. Persons into whose possession this announcement or such other information should come are required to inform themselves about and to observe any such restrictions.

    About this notice
    This notice was published by Kristian Flaten, CFO, 31 March 2025 at 22:10 CET on behalf of IDEX Biometrics ASA.  This information is subject to the disclosure requirements pursuant to the Norwegian Securities Trading Act section 5-12.

    Attachment

    The MIL Network

  • MIL-OSI Economics: WTO members make progress in revitalizing trade and development work

    Source: WTO

    Headline: WTO members make progress in revitalizing trade and development work

    Members examined special and differential treatment provisions across WTO agreements based on an analysis by the WTO Secretariat. Welcoming insights from the WTO Secretariat, members called for further examining other provisions. It was noted that special and differential treatment provisions were an integral part of WTO rules designed to help developing economies participate more fully in global trade.
    Members also continued debating the relevant WTO rules under which the Gulf Cooperation Council (GCC) Customs Union could be considered. They welcomed the WTO Secretariat’s note on this issue and will continue exploring how to consider this trading arrangement.
    The WTO’s Institute for Training and Technical Cooperation provided an update on the financial situation of the Global Trust Fund, which finances WTO-led training programmes for government officials from developing economies to help them participate in international trade. It also talked about preparations for the next technical assistance plan for 2026 and 2027. Members called for innovative solutions for the delivery of technical assistance and said they would consider exploring additional support depending on needs expressed by beneficiaries.
    Members also continued debating the relevant WTO rules under which the Gulf Cooperation Council (GCC) Customs Union could be considered. They welcomed the WTO Secretariat’s note on this issue and will continue exploring ways of considering this trading arrangement.
    The WTO’s LDC Group updated members on their request to resume preparations for the duty-free and quota-free market access for LDCs report. The objective is to facilitate the annual review of the steps members are taking to provide LDCs with market access free of duties and quotas. Members noted that consultations are ongoing with interested delegations to find a way forward.
    The Committee on Trade and Development considered two requests from India on improving the functioning of the Committee and on the Work Programme on Electronic Commerce. Members will continue informal consultations on these requests.
    Members also considered the Economic Complementarity Agreement between Argentina and Mexico based on the WTO Secretariat’s factual presentation.
    Members elected Ambassador Mzukisi Qobo of South Africa as the chair of the Committee on Trade and Development and re-elected Ambassador Ib Petersen (Denmark) as chair of the Sub-Committee on Least- Developed Countries.
    Small economies
    Members welcomed the WTO Secretariat report entitled “Challenges and opportunities for small economies in using e-commerce and digital ecosystem to drive competitiveness” on 27 March.
    “Many small and vulnerable economies still face high costs to access the internet, inadequate digital infrastructure and gaps in digital literacy, all of which hinder their ability to participate effectively in the global digital economy,” said Ana Libertad Guzman Villeda from Guatemala, which coordinates the Small, Vulnerable Economies. “Addressing these challenges requires targeted investments, capacity-building initiatives and policies that foster inclusive digital transformation,” she added.
    United Nations Conference on Trade and Development (UNCTAD) highlighted its work to support small economies in building their digital capacities, including several key initiatives ranging from implementation of national single windows for customs processes to upgrading e-commerce laws. The role of UNCTAD’s eTrade Reform Tracker in supporting developing economies with their e-commerce strategies was underscored. Members also drew attention to expanding coverage of UNCTAD’s eTrade Readiness Assessments, which provide a snapshot of the e-commerce ecosystem in developing economies.

    Share

    MIL OSI Economics

  • MIL-OSI Europe: Press release – Remembering Bucha: Real peace must be based on justice

    Source: European Parliament

    Russia must be held accountable for war crimes committed during its war of aggression in Ukraine, said EP Vice-President Hojsík in Kyiv at the event commemorating victims of Bucha tragedy.

    Martin Hojsík represented European Parliament President Roberta Metsola on Monday at the 2025 Bucha Summit, a conference of Speakers and Heads of Delegation of national parliaments of European countries held to commemorate the third anniversary of the liberation of Bucha from Russia .

    “Peace without justice is not a real peace. Victims of the Russian massacre in Bucha are a reminder of this. This is why the European Parliament has been calling since the beginning of the Russian aggression for a fair investigation and punishment of war crimes and crimes against humanity,” Parliament’s Vice-President Martin Hojsík stressed.

    “Our support for Ukraine remains unwavering. We must keep standing with Ukraine and step up our efforts for a just and lasting peace. The future of Ukraine is in the European Union,” he said.

    2025 Bucha summit

    The European Parliament was represented at the event together with speakers and heads of delegation of the national parliaments of Belgium, Croatia, Czechia, Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Luxembourg, Norway, Poland, Portugal, Slovenia, Spain, Sweden, Ukraine, and the United Kingdom, convened in Kyiv on Monday 31 March to commemorate the victims of the Bucha massacre.

    In their joint statement, the parliament leaders condemned “in the strongest possible terms the Russian Federation’s unprovoked and unjustified war of aggression against Ukraine”, reaffirmed their “full respect for the sovereignty, independence and territorial integrity of Ukraine within its internationally recognised borders”, and called for “the establishment of a special tribunal for the crime of aggression against Ukraine”.

    They called for a “significant increase in aid for Ukraine” and “the strongest possible sanctions and measures against Russia that could support steps towards a comprehensive, just and lasting peace”. Finally, they reaffirmed their support for Ukraine’s European integration and sovereign right to determine its future free from external pressure or interference.

    Background

    In a 12 March resolution the European Parliament reaffirmed its commitment to supporting Ukraine’s desire for a just and lasting peace, and also called on the EU and its member states to significantly increase their assistance to Ukraine.

    On Tuesday 1 April morning, MEPs and EU foreign policy chief Kaja Kallas will discuss the need to hold Russia accountable for its war crimes in Ukraine. You can follow the debate live here (1.4.2025).

    MIL OSI Europe News

  • MIL-OSI: Nokia Corporation: Repurchase of own shares on 31.03.2025

    Source: GlobeNewswire (MIL-OSI)

    Nokia Corporation
    Stock Exchange Release
    31 March 2025 at 22:30 EEST

    Nokia Corporation: Repurchase of own shares on 31.03.2025

    Espoo, Finland – On 31 March 2025 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:                

    Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*
    XHEL 2,328,727 4.82
    CEUX 1,600,000 4.82
    BATE
    AQEU 100,000 4.81
    TQEX 146,020 4.83
    Total 4,174,747 4.82

    * Rounded to two decimals

    On 22 November 2024, Nokia announced that its Board of Directors is initiating a share buyback program to offset the dilutive effect of new Nokia shares issued to the shareholders of Infinera Corporation and certain Infinera Corporation share-based incentives. The repurchases in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR), the Commission Delegated Regulation (EU) 2016/1052 and under the authorization granted by Nokia’s Annual General Meeting on 3 April 2024 started on 25 November 2024 and end by 31 December 2025 and target to repurchase 150 million shares for a maximum aggregate purchase price of EUR 900 million.

    Total cost of transactions executed on 31 March 2025 was EUR 20,131,882. After the disclosed transactions, Nokia Corporation holds 213,560,284 treasury shares.

    Details of transactions are included as an appendix to this announcement.

    On behalf of Nokia Corporation

    BofA Securities Europe SA

    About Nokia
    At Nokia, we create technology that helps the world act together.

    As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs which is celebrating 100 years of innovation.

    With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.

    Inquiries:

    Nokia Communications
    Phone: +358 10 448 4900
    Email: press.services@nokia.com
    Maria Vaismaa, Global Head of External Communications

    Nokia Investor Relations
    Phone: +358 931 580 507
    Email: investor.relations@nokia.com

    Attachment

    The MIL Network

  • MIL-Evening Report: NZ’s Broadcasting Act is as old as Video Ezy. We need media reform for the streaming age

    Source: The Conversation (Au and NZ) – By Jesse Austin-Stewart, Lecturer, School of Music and Screen Arts, Te Kunenga ki Pūrehuroa – Massey University

    Getty Images

    One year after Video Ezy opened its first store in Aotearoa New Zealand, the Broadcasting Act 1989 was introduced. It established frameworks and funding for local content that largely still exist.

    But in 2025, New Zealanders’ viewing and listening habits are radically different. We’ve shifted from local broadcasters to international streaming and online media services. Video and music streaming platforms now reach more people than local TV and radio.

    This brings convenience and access to a world of film, TV, news, and music. But it also means local content risks being swamped on its own shores. A recent discussion document from Manatū Taonga/Ministry for Culture and Heritage is the latest attempt to address the problem.

    Among the suggested changes to local content funding, promotion, and distribution are:

    • requiring newly manufactured smart TVs to pre-install New Zealand apps

    • the merger of NZ On Air with the NZ Film Commission

    • changes to the Broadcast Standards Authority

    • increased captioning and audio description

    • and requiring local and global media providers to invest in and promote New Zealand content.

    Some of these are welcome – and long overdue. But broader media reform must also take this opportunity to create future-proofed policy; one that’s responsive to where local audiences are consuming content, and which supports the media sector to adapt to a rapidly changing landscape.

    Why local content struggles

    New Zealand media, already hit by wider platform choice and the movement of advertising revenue offshore, has experienced deep job cuts, including at state-owned TVNZ, and the complete closure of Newshub.

    As audiences migrate towards online streaming services, TVNZ’s digital platform TVNZ+ now has a daily reach of 26% of local audiences. In 2024, nine New Zealand shows featured in its top 20 most watched.


    While that might seem positive, Netflix, YouTube, Facebook, and Instagram each individually outperform TVNZ+ viewership. And many global video-on-demand platforms have fewer than ten local titles available for New Zealand audiences to watch.

    Local music is also struggling. In 2024, only two national radio stations hit the voluntary 20% local music target. Only one local song featured in the end-of-year top 50 singles charts.

    These figures might suggest New Zealanders aren’t interested in local content – but that isn’t necessarily true. If we compare local media structures to overseas markets, we see major differences in the opportunities for local content to reach audiences.

    Unlike other comparable countries, New Zealand lacks government-owned and fully-funded platforms for locally produced content to find local audiences. Where these platforms exist overseas, engagement with local content is higher.

    For instance, Norway’s publicly-owned youth station saw local music comprise 50% of its annual top 40 charts in 2023. Australia’s state-funded Triple J has a 40% local music quota, and the state-owned, advertising-free ABC iview platform has a weekly national audience reach of 62%.

    Finding audiences where they are

    Announcing his government’s creative sector strategy last year, Minister for Arts, Culture and Heritage Paul Goldsmith said it aims to “nurture talent and support a pipeline to provide sustainable career opportunities”.

    Arts, Culture and Heritage Minister Paul Goldsmith.
    Getty Images

    The strategy also speaks of “modernising and streamlining government regulation to enable our cultural sectors to thrive”.

    But there are significant omissions in the latest discussion document. Video gaming, for example, is largely missing from the proposals, although research suggests the industry could represent up to 44% of global consumer entertainment spending by 2040.

    Global video sharing platforms such as YouTube, TikTok and Instagram are similarly absent in the proposals, despite their 81% daily reach among Aotearoa New Zealand’s 15-39 age bracket.

    Addressing those omissions and strategically embracing new opportunities offers a chance to support local producers in two key ways: enhancing the global presence of New Zealand content, and ensuring local audiences see themselves in the media they enjoy.

    This would require an ambitious rethink around media infrastructure and investments, focused on what can have the biggest impact long term. This might include:

    • investing in a fully-funded youth radio station

    • changing the revenue structure of TVNZ to be primarily state funded

    • legislating global video sharing platforms like YouTube and TikTok to promote New Zealand content

    • or developing a progressive, industry-informed video game policy.

    It’s vital that any proposed policy changes are fit for purpose and adaptable for years to come.

    Past attempts at media reform in Aotearoa New Zealand have often been reactive to changing environments, rather than proactive. But there’s an opportunity now to consider more meaningful changes, addressing current challenges while looking to the future.

    Jesse Austin-Stewart has completed commissioned research for NZ On Air and participated in focus groups for Manatū Taonga Ministry for Culture and Heritage. He has received competitive funding from Creative New Zealand, NZ On Air, Manatū Taonga Ministry for Culture & Hertiage, and the NZ Music Commission. He is a writer member of APRA AMCOS and a member of the Composer’s Association of New Zealand

    Catherine Hoad has previously completed research in partnership with or commissioned by APRA AMCOS, Toi Mai Workforce Development Council, Manatū Taonga Ministry for Culture & Heritage, ScreenSafe, and NZ On Air.

    Dave Carter is a writer member of APRA AMCOS and has previously received funding from Manatū Taongao Ministry for Culture and Heritage.

    Oli Wilson has previously completed research in partnership with or commissioned by APRA AMCOS, Toi Mai Workforce Development Council, Manatū Taonga Ministry for Culture & Heritage and the NZ Music Commission. He has also received funding, or contributed to projects that have benefited from funding from NZ on Air, the NZ Music Commission and Recorded Music New Zealand. He has provided services to The Chills, owns shares in TripTunz Limited, and is a writer member of APRA AMCOS.

    ref. NZ’s Broadcasting Act is as old as Video Ezy. We need media reform for the streaming age – https://theconversation.com/nzs-broadcasting-act-is-as-old-as-video-ezy-we-need-media-reform-for-the-streaming-age-252713

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Global: What Britons and Europeans really think about immigration – new analysis

    Source: The Conversation – UK – By Claire Kumar, Senior Research Fellow, ODI Global

    Shutterstock

    When we hear about immigration from politicians and media across Europe, the story is almost always negative. In some countries, this is old news. The UK tabloid press has printed thousands of anti-migrant articles over the last two decades. Anti-immigrant rhetoric has been a feature of Danish politics since the early 1990s. In contrast, Viktor Orban’s extreme, racist and Islamophobic rhetoric – adopted largely from 2015 – marks Hungary out as a relative newcomer.

    Across Europe, refugees and other migrants are routinely represented as a problem or “crisis”. It would be natural to assume, then, that the public feels the same way – that attitudes to immigration are negative, possibly worsening. Politicians routinely imply this when they say they must introduce strict immigration rules in response to public concerns.

    Opinion polls regularly show that the European public disapprove of the government’s handling of immigration and may see levels as too high. But long-term European Social Survey (ESS) data – the latest of which came out at the end of 2024 – shows positive trends.


    Want more politics coverage from academic experts? Every week, we bring you informed analysis of developments in government and fact check the claims being made.

    Sign up for our weekly politics newsletter, delivered every Friday.


    At ODI Europe, my colleagues and I have been studying public attitudes and political narratives around migration across Europe for five years. Our analysis has found that, compared to 20 years ago, more Europeans (in many, but not all countries) feel immigration makes their country a better place to live.

    Positive attitudes have particularly increased in Ireland, the UK, Norway, Spain, the Netherlands, Belgium and Switzerland. Similar positive trends emerge when the public is asked about the economic and cultural impacts of immigration.

    The UK is among the countries with the least anti-immigration views in Europe. While in 2002-03 only 27% of the British public felt immigration had a positive impact on the economy, this has jumped to 66% in 2023-24. However, it is a drop from the 69% who felt immigration had a positive economic impact in the previous survey round (2020-22).

    The UK also topped the table in the last World Values Survey as a country that is highly accepting of immigration and particularly welcoming of the cultural diversity it brings.




    Read more:
    The UK now ranks as one of the most socially liberal countries in Europe – new research


    The Migration Observatory finds that a majority of the British public favours making immigration easier for workers coming into the NHS, care work and other jobs where there are shortages.

    Researchers from the think tank British Future have found that most of the public would prefer current levels of international student migration to stay the same or increase. International students currently make up 40% of net migration to the country.

    Why the differences?

    The disparity between what we hear about public attitudes and what the data actually shows merits some explanation.

    We know that people’s attitudes on migration are largely stable, based on deeply held values and mainly formed when young. People’s attitudes are relatively slow to change. Generational change is likely key to explaining the long-term positive trends in this area. On the other hand, the salience of immigration – whether the public see immigration as a top issue of concern – can fluctuate dramatically, driven by media attention and political narratives.

    This sounds incongruous given the rise of the far right in some European countries. However, we know that austerity policies, economic insecurity and economic decline are key factors driving the far-right vote.

    Researchers have also uncovered a “reverse backlash” effect. This is where greater success of populist radical right parties is actually accompanied by more citizens reporting positive attitudes on immigration, specifically because they want to distance themselves from radical right views.

    Negative trends

    What does stand out in the latest round of ESS data is that more negative trends are emerging across multiple countries simultaneously. This is most notable in Ireland, the UK, the Netherlands and Poland, but also in Iceland and France.

    In Ireland, there is a substantial ten percentage point fall from the previous survey round (2020-22) in respondents reporting that immigration makes their country a better place to live. The UK sees a five percentage point fall (from 68% to 63%) on the same question – still a significant positive majority compared to only 17% who feel immigration makes the UK a worse place to live – but a notable shift nonetheless.

    This could be a temporary fluctuation, like the kind seen in Sweden and Germany, between 2018-19 and 2020-22. Both countries took in high numbers of refugees during Europe’s so-called “refugee crisis”, which may have led to an uptick of concern around the impact of immigration. However, these fluctuations can be minor and short-lived.

    Another possibility is that we are finally seeing public attitudes shift in line with the more hostile, anti-immigrant environment that has been nurtured by politicians and media. This could be the start of another generational shift – possibly a reflection of the fact that some far-right groups are proving to be particularly popular with younger voters.

    These dips may prove temporary – if not, we risk squandering the public good of a positive European public precisely at a time when Europe needs immigration the most.

    Claire Kumar via ODI Global – has received funding from IKEA Foundation for this research work.

    ref. What Britons and Europeans really think about immigration – new analysis – https://theconversation.com/what-britons-and-europeans-really-think-about-immigration-new-analysis-252268

    MIL OSI – Global Reports

  • MIL-OSI: Atlantic Petroleum -Financial Calendar 2025 update – new date for Annual report and AGM

    Source: GlobeNewswire (MIL-OSI)

    Tórshavn, Faroe Islands, 2025-03-31 (GLOBE NEWSWIRE) — P/F Atlantic Petroleum (NASDAQ OMX: ATLA DKK) hereby announces an update to the financial calendar for 2025:

    Referring to press release released earlier today.

    The annual accounts for 2024 which in the financial calendar were scheduled to be issued on 31st March 2025 are now, pending a debt solution, scheduled to be issued 30th April 2025

    The Annual General Metting which in the financial calendar was scheduled to be held on 30th April 2025 is now scheduled to be held on 23rd May 2025.

    Updated Financial Calendar

    • Wednesday 30th April: Annual Accounts 2024 to be issued.
    • Friday 23rd May: Annual General Meeting.
    • Friday 30th May: 1st Quarter 2025 Condensed Consolidated Interim Report to be issued.
    • Friday 29th August: 2nd Quarter 2025 Condensed Consolidated Interim Report to be issued.
    • Friday 28th November: 3rd Quarter 2025 Condensed Consolidated Interim Report to be issued.

    Atlantic Petroleum in brief:

    Atlantic Petroleum participates in oil and gas joint ventures with reputable, international partners. Atlantic Petroleum P/F is based in Tórshavn, Faroe Islands, and the Company has subsidiaries and offices in the UK and Ireland. Atlantic Petroleum’s shares are listed on NASDAQ OMX Copenhagen.

    Further Details:

    Further details can be obtained from Mark T. Højgaard, (markh@petroleum.fo). This announcement will be available, together with other information about Atlantic Petroleum, on the Company’s website: www.petroleum.fo.

    Announcement no.2/2025

    Issued 31-03-2025

    P/F Atlantic Petroleum
    Lucas Debesargøta 8
    P.O. Box 1228
    FO-110 Tórshavn
    Faroe Islands

    Website: www.petroleum.fo

    The MIL Network

  • MIL-OSI: Atlantic Petroleum provides update on debt situation

    Source: GlobeNewswire (MIL-OSI)

    Tórshavn, Faroe Islands, 2025-03-31 (GLOBE NEWSWIRE) — P/F Atlantic Petroleum (NASDAQ OMX: ATLA DKK) provides update on debt situation.

    Referring to the press release issued 30/12-2024 concerning debt negotiations, Atlantic Petroleum has not been able to come to an agreement with its main creditors.

    Negotiations are in the final stages, but it is not certain that an acceptable solution will be achieved within the timeframe available. If no debt solution is achieved, the Group is unable to continue as a going concern.

    A final update on debt will be issued by 4th April, at the latest.

    The annual accounts for 2024 will be postponed. Pending a debt solution over the next days, the annual accounts for 2024 will be released on the 30th April.

    Atlantic Petroleum in brief:

    Atlantic Petroleum participates in oil and gas joint ventures with reputable, international partners. Atlantic Petroleum P/F is based in Tórshavn, Faroe Islands, and the Company currently has subsidiaries in the UK and Ireland. Atlantic Petroleum’s shares are listed on NASDAQ OMX Copenhagen.

    Further Details:

    Further details can be obtained from Mark T. Højgaard, (markh@petroleum.fo). This announcement will be available, together with other information about Atlantic Petroleum, on the Company’s website: www.petroleum.fo.

    Announcement no.: 1/2025

    Issued: 31-03-2025

    P/F Atlantic Petroleum
    Lucas Debesargøta 8
    P.O.Box 1228
    FO-110 Torshavn
    Faroe Islands

    Website: www.petroleum.fo

    The MIL Network

  • MIL-OSI Global: Elisapie’s Juno-winning album: Promoting Inuktitut through music

    Source: The Conversation – Canada – By Richard Compton, Professor, Department of Linguistics, Université du Québec à Montréal (UQAM)

    Singer Elisapie’s fourth album, Inuktitut, was nominated for adult alternative album of the year and album of the year at the 2025 Juno Awards, and won best adult alternative album at the Juno Awards Gala, March 29.

    The album features covers of 10 pop and classic rock songs, including the Rolling Stones’s “Wild Horses” and Metallica’s “The Unforgiven,” re-imagined in Inuktitut. Inuktitut is the first language of 33,790 Inuit in Canada, according to the 2021 Census.

    Elisapie’s nomination offers a good opportunity to reflect on the situation of Inuktitut and how creative work, including music, helps promote it.

    Our work touches on the inter-generational transmission of Inuktitut. We share perspectives as a Qallunaaq (non-Inuk) linguist (Richard) and as an Inuk school teacher (Sarah) in Nunavik, with Sarah’s personal experiences in the community highlighted.

    Together, we have co-taught courses for Inuit teachers in Puvirnituq and Ivujivik. We are also both affiliated with a research group focused on Indigenous education based at Université du Québec en Abitibi-Témiscamingue.

    Elisapie’s ‘Isumagijunnaitaungituq’ (The Unforgiven)

    Music in Inuktitut

    Sarah notes that:

    I was amazed that [Elisapie] could make the long words in Inuktitut fit with the rhythm of the music; she did it so precisely. It took me back to the 1980s, when I was growing up. It would have been nice if songs like these had been interpreted back then. It’s been a long time coming, but it shows that nothing is impossible. The songs sound so natural in Inuktitut.

    On the day we talked about this story, Sarah remembered:

    I was at the Snow Festival yesterday [in Puvirnituq], and some of the teenagers knew all the words to her songs and were singing along. We didn’t have that when I was growing up.

    She remembers first seeing Elisapie sing in the early 1990s at one of the first snow festivals in Puvirnituq.

    Elisapie’s album has also sparked interest outside of Canada, with stories in such venues as Rolling Stone, Vogue and Le Monde.

    Beyond how Elisapie beautifully interprets the songs, creative choices like using throat singing on the first track, “Isumagijunnaitaungituq (The Unforgiven),” and stunning music videos showcasing life in the North brings the language to a wider audience.

    The album’s cover art features the word Inuktitut, ᐃᓄᒃᑎᑐᑦ, in syllabics — a writing system originally use for Cree and adapted to Inuktitut, where the individual symbols represent consonants and the way they point represents vowels.

    Elisapie’s ‘Taimangalimaaq’ (Time After Time)

    Diversity of the Inuit language

    The word Inuktitut itself means “like the Inuit,” and is the name for part of a wider language continuum spoken across the North American Arctic. This language continuum includes Iñupiaq in Alaska, Uummarmiutun, Sallirmiutun and Inuinnaqtun in the Western Canadian Arctic, Inuktitut in the Eastern Arctic, Inuttut in Labrador and Kalaallisut in Greenland.

    This abundance of names reflects a diversity of varieties, each with their own pronunciations and differences in grammar and vocabulary stretching across Inuit Nunangat, the Inuit homeland.

    Speakers in each community look to their Elders as models of how the language should be spoken. While this multiplicity of dialects poses challenges for translation and creating teaching materials, each variety marks local identity and links generations.

    This diversity also fascinates linguists, as each variety attests to a different way of organizing the unconscious rules of grammar in the human mind.

    For instance, Inuktitut has a rich system of tense markers on verbs, signalling events that just happened, happened earlier today, before today or long ago. Inuinnaqtun, to the west, lacks most of these tense markers, but instead allows more complex combinations of sounds.

    A role model for youth

    Sarah stresses the importance of Elisapie’s music for the language:

    It’s so impressive that people like Elisapie are doing such amazing things with the language. She grew up around the same time as me and when I was in school there were so few teaching materials in Inuktitut, and we focused more on speaking than reading and writing. Even if her main goal might not have been to promote the language, she’s doing it, because kids listen to her. More teenagers are willing to sing in Inuktitut now because they have role models like her and Beatrice Deer.

    Deer is an Inuk and Mohawk musician from Quaqtaq, Nunavik, who also sings in Inuktitut, as well as English and French.

    Indigenous language education rights

    In Canada, all levels of government have failed to provide adequate access to education in Indigenous languages, even in regions where Indigenous Peoples form the majority.

    In Nunavik, where Elisapie is from, 90 per cent of the population (12,590 out of 14,050) identifies as Inuit and 87 per cent (12,245 out of 14,050) report Inuktitut as their first language. And yet Inuktitut is only the primary language of instruction up until Grade 3.

    About promoting Inuktitut, Sarah says:

    We’re lucky that in most of the villages in Nunavik, the language is still strong. But it’s still concerning that some people have started speaking in English to their kids. What we really need to promote it is to have school in Inuktitut from kindergarten to the end of high school [secondary 5 in Québec]. That’s why a group of Inuit teachers, including me, visited Greenland to learn more about their education system. They’ve had schools in their language for almost 200 years. We just started in the ‘50s.

    While bilingualism may bring economic benefits, the lack of support for Indigenous languages often results in a situation where bilingualism robs children of the chance to fully develop in their first language.

    Right to education in Indigenous language

    In addition to violating Indigenous Peoples’ inherent right to get an education in their language (see the United Nations Declaration on the Rights of Indigenous Peoples), current education policies also go against recommendations of the United Nations Educational, Scientific and Cultural Organization (UNESCO).

    UNESCO recommends that Indigenous minority languages be taught as the primary language in school for the first six to eight years, as this has been shown to contribute to children’s well-being and self-esteem.

    Unfortunately, Canada’s official language laws continue to place the two colonial languages of English and French above Indigenous languages, particularly in education funding.




    Read more:
    Ancestral languages are essential to Indigenous identities in Canada


    New challenges have also emerged for maintaining and extending the domains in which Inuktitut is used. Once cut off from high-speed internet, new satellite technology has brought access to more Inuit communities, along with new economic opportunities.

    However, this connectivity also brings an avalanche of English content, from viral videos and streaming platforms to social networks and mobile games.

    Vital for promoting Inuktitut

    It is in this changing linguistic and media landscape where Inuktitut language and cultural production, like Elisapie’s album, are vital for promoting Inuktitut.

    Children and teenagers need content that speaks to them — things they see as new, fun, cool and representing their generation. This includes music, comic books, novels, video games and even Hockey Night in Canada in Inuktitut.

    So whether Elisapie’s music is being played in community radio stations, featured in an episode of CBC’s North of North or streamed as a music video on social media, it serves the added role of taking up a little more space for Inuktitut in people’s daily lives.

    This is an updated version of a story originally published on March 28, 2025. It clarifies Elisapie was nominated for two awards and won best adult alternative.

    Richard Compton receives funding in the form of research grants from the Social Sciences and Humanities Research Council of Canada. He holds the Canada Research Chair in Transmission and Knowledge of the Inuit Language.

    Sarah Angiyou does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    ref. Elisapie’s Juno-winning album: Promoting Inuktitut through music – https://theconversation.com/elisapies-juno-winning-album-promoting-inuktitut-through-music-251774

    MIL OSI – Global Reports

  • MIL-OSI United Kingdom: PM meeting with President Stubb of Finland: 31 March 2025

    Source: United Kingdom – Prime Minister’s Office 10 Downing Street

    Press release

    PM meeting with President Stubb of Finland: 31 March 2025

    The Prime Minister welcomed the President of Finland Alexander Stubb to Downing Street this afternoon.

    The Prime Minister welcomed the President of Finland Alexander Stubb to Downing Street this afternoon.

    They discussed the successful Coalition of the Willing meeting in Paris last week, noting the strong momentum from European leaders to keep Ukraine in the fight and increase the pressure on Putin to agree a peace deal.

    The Prime Minister then updated the President on his ongoing work to strengthen the UK’s relationship with the European Union across a number of areas including defence and security, trade and economic growth. The President warmly welcomed the progress made so far.

    As fellow NATO and JEF members, they agreed that the UK and Finland share a close and unique partnership which they will continue working to strengthen in the coming months.

    Updates to this page

    Published 31 March 2025

    MIL OSI United Kingdom

  • MIL-OSI Global: Nuclear war threat: why Africa’s pushing for a complete ban

    Source: The Conversation – Africa – By Olamide Samuel, Track II Diplomat and Expert in Nuclear Politics, University of Leicester

    At a time of heightened geopolitical tensions between Russia and Ukraine, intensified by strategic dynamics involving the US, Nato and Russia over Europe’s security, nuclear weapons are back on the agenda.

    In recent times, Russia has openly threatened to use nuclear weapons. The UK and France are considering ways to rapidly increase their nuclear weapons stockpiles.

    Germany, Poland, Sweden, Finland, South Korea and Japan are now seeking nuclear weapons capabilities.

    Even a limited nuclear war in Europe would lead to catastrophic global climatic effects. Huge amounts of debris thrown high into the atmosphere would block sunlight, causing global temperatures to drop sharply. It would be much harder to grow food around the world.

    This would severely threaten Africa’s food security, exacerbating mass migration, disrupting supply chains and potentially collapsing public order systems.

    How should African countries respond to this growing threat?

    Based on my experience in nuclear non-proliferation and politics, I argue that African leaders need to proactively confront the risks, while there is still time.

    All African states, except for South Sudan, abide by the Nuclear Non-Proliferation Treaty. This is an international agreement which limits the spread of nuclear weapons. And 43 African states have gone further to join the African Nuclear Weapons Free Zone Treaty (Treaty of Pelindaba). This was negotiated in the belief that it would “protect African states against possible nuclear attacks on their territories”.

    As conflict and uncertainty pushes many western leaders to support the madness of nuclear weapons proliferation, African leaders are in a unique position to push back against this.

    Africa’s strength in numbers in the Treaty on the Prohibition of Nuclear Weapons, also known as the Nuclear Ban Treaty, is a vehicle the continent can use to address nuclear weapons risks, head-on.

    Global divide

    On one side, nuclear-armed states cling to deterrence for their national security. They insist that possessing nuclear arsenals keeps them safe.

    At present, there are nine nuclear-armed states: the US, Russia, the UK, China, France, India, Pakistan, Israel and North Korea. These countries possess around 12,331 nuclear warheads (as of 2025).

    The use of only 10% of these weapons could disrupt the global climate and threaten the lives of up to 2 billion people.

    On the other side, African countries and other non-nuclear-weapon states such as Ireland, Austria, New Zealand and Mexico highlight how deterrence creates unacceptable risks for the entire international community.

    This global majority – the 93 countries that have signed the Nuclear Ban Treaty and 73 that are party to it – argue that real safety comes from eliminating nuclear threats.

    The Nuclear Ban Treaty became international law on 22 January 2021. It is the first instance of international law challenging the legality and morality of nuclear deterrence.

    Since 2022, states parties to the Nuclear Ban Treaty have held formal meetings to address current nuclear risks. In March 2025, at their third meeting, 17 African states officially recognised nuclear deterrence as a critical security concern. They called on nuclear armed states to end deterrence.

    The deterioration of the international security environment is so palpable that there has been a noticeable shift in nuclear ban states’ perception of nuclear threats. Nuclear disarmament is no longer just a humanitarian or moral concern to these states, it is now a national security concern.

    South Africa warned that

    any use of nuclear weapons would result in catastrophic humanitarian consequences that would have a global impact.

    Ghana likewise stressed that Africa is not immune to nuclear war’s fallout:

    Africa, despite its geographic distance from the immediate hotspots of nuclear conflict, is not immune to the repercussions of nuclear weapons.

    Africa bears a unique historical connection to nuclear issues. Nuclear testing in the Sahara Desert in the 1960s, when France detonated nuclear bombs in Algeria, had devastating consequences. Widespread radioactive contamination harmed local communities, caused long-lasting health problems, displaced populations, and left large areas environmentally damaged and unsafe for generations.

    For its part, Nigeria recalled that Africa had “long acknowledged the existential threat nuclear weapons posed to human existence.”

    The meeting determined that it is unacceptable that states parties are exposed to nuclear risks, “created without their control and without accountability”. It stressed that eliminating nuclear risks “is a prime and legitimate concern and national responsibility” of states.

    Next steps

    Delegates effectively asked whether their own national security concerns had less value than those of nuclear-armed states. I think this is a valid question.

    Africa’s leaders and their allies in the Nuclear Ban Treaty are reframing what “national security” means in the nuclear age.

    Rather than accepting a world perpetually held hostage by the madness of nuclear deterrence, they are asserting that the security of nations – and of peoples – is best served by dismantling this threat to humanity.

    They are prioritising human life, development and international law over the threat of overwhelming force.

    The outcome of this contest will have profound implications, not just for Africa but for the entire globe.

    Olamide Samuel is affiliated with the Open Nuclear Network.

    ref. Nuclear war threat: why Africa’s pushing for a complete ban – https://theconversation.com/nuclear-war-threat-why-africas-pushing-for-a-complete-ban-253171

    MIL OSI – Global Reports

  • MIL-OSI Africa: Nuclear war threat: why Africa’s pushing for a complete ban

    Source: The Conversation – Africa – By Olamide Samuel, Track II Diplomat and Expert in Nuclear Politics, University of Leicester

    At a time of heightened geopolitical tensions between Russia and Ukraine, intensified by strategic dynamics involving the US, Nato and Russia over Europe’s security, nuclear weapons are back on the agenda.

    In recent times, Russia has openly threatened to use nuclear weapons. The UK and France are considering ways to rapidly increase their nuclear weapons stockpiles.

    Germany, Poland, Sweden, Finland, South Korea and Japan are now seeking nuclear weapons capabilities.

    Even a limited nuclear war in Europe would lead to catastrophic global climatic effects. Huge amounts of debris thrown high into the atmosphere would block sunlight, causing global temperatures to drop sharply. It would be much harder to grow food around the world.

    This would severely threaten Africa’s food security, exacerbating mass migration, disrupting supply chains and potentially collapsing public order systems.

    How should African countries respond to this growing threat?

    Based on my experience in nuclear non-proliferation and politics, I argue that African leaders need to proactively confront the risks, while there is still time.

    All African states, except for South Sudan, abide by the Nuclear Non-Proliferation Treaty. This is an international agreement which limits the spread of nuclear weapons. And 43 African states have gone further to join the African Nuclear Weapons Free Zone Treaty (Treaty of Pelindaba). This was negotiated in the belief that it would “protect African states against possible nuclear attacks on their territories”.

    As conflict and uncertainty pushes many western leaders to support the madness of nuclear weapons proliferation, African leaders are in a unique position to push back against this.

    Africa’s strength in numbers in the Treaty on the Prohibition of Nuclear Weapons, also known as the Nuclear Ban Treaty, is a vehicle the continent can use to address nuclear weapons risks, head-on.

    Global divide

    On one side, nuclear-armed states cling to deterrence for their national security. They insist that possessing nuclear arsenals keeps them safe.

    At present, there are nine nuclear-armed states: the US, Russia, the UK, China, France, India, Pakistan, Israel and North Korea. These countries possess around 12,331 nuclear warheads (as of 2025).

    The use of only 10% of these weapons could disrupt the global climate and threaten the lives of up to 2 billion people.

    On the other side, African countries and other non-nuclear-weapon states such as Ireland, Austria, New Zealand and Mexico highlight how deterrence creates unacceptable risks for the entire international community.

    This global majority – the 93 countries that have signed the Nuclear Ban Treaty and 73 that are party to it – argue that real safety comes from eliminating nuclear threats.

    The Nuclear Ban Treaty became international law on 22 January 2021. It is the first instance of international law challenging the legality and morality of nuclear deterrence.

    Since 2022, states parties to the Nuclear Ban Treaty have held formal meetings to address current nuclear risks. In March 2025, at their third meeting, 17 African states officially recognised nuclear deterrence as a critical security concern. They called on nuclear armed states to end deterrence.

    The deterioration of the international security environment is so palpable that there has been a noticeable shift in nuclear ban states’ perception of nuclear threats. Nuclear disarmament is no longer just a humanitarian or moral concern to these states, it is now a national security concern.

    South Africa warned that

    any use of nuclear weapons would result in catastrophic humanitarian consequences that would have a global impact.

    Ghana likewise stressed that Africa is not immune to nuclear war’s fallout:

    Africa, despite its geographic distance from the immediate hotspots of nuclear conflict, is not immune to the repercussions of nuclear weapons.

    Africa bears a unique historical connection to nuclear issues. Nuclear testing in the Sahara Desert in the 1960s, when France detonated nuclear bombs in Algeria, had devastating consequences. Widespread radioactive contamination harmed local communities, caused long-lasting health problems, displaced populations, and left large areas environmentally damaged and unsafe for generations.

    For its part, Nigeria recalled that Africa had “long acknowledged the existential threat nuclear weapons posed to human existence.”

    The meeting determined that it is unacceptable that states parties are exposed to nuclear risks, “created without their control and without accountability”. It stressed that eliminating nuclear risks “is a prime and legitimate concern and national responsibility” of states.

    Next steps

    Delegates effectively asked whether their own national security concerns had less value than those of nuclear-armed states. I think this is a valid question.

    Africa’s leaders and their allies in the Nuclear Ban Treaty are reframing what “national security” means in the nuclear age.

    Rather than accepting a world perpetually held hostage by the madness of nuclear deterrence, they are asserting that the security of nations – and of peoples – is best served by dismantling this threat to humanity.

    They are prioritising human life, development and international law over the threat of overwhelming force.

    The outcome of this contest will have profound implications, not just for Africa but for the entire globe.

    – Nuclear war threat: why Africa’s pushing for a complete ban
    – https://theconversation.com/nuclear-war-threat-why-africas-pushing-for-a-complete-ban-253171

    MIL OSI Africa

  • MIL-OSI: Sydbank share buyback programme: transactions in week 13

    Source: GlobeNewswire (MIL-OSI)

    Company Announcement No 13/2025

    Peberlyk 4
    6200 Aabenraa
    Denmark

    Tel +45 74 37 37 37
    Fax +45 74 37 35 36

    Sydbank A/S
    CVR No DK 12626509, Aabenraa
    sydbank.dk

    31 March 2025  

    Dear Sirs

    Sydbank share buyback programme: transactions in week 13
    On 26 February 2025 Sydbank announced a share buyback programme of DKK 1,350m. The share buyback programme commenced on 3 March 2025 and will be completed by 31 January 2026.

    The purpose of the share buyback programme is to reduce the share capital of Sydbank and the programme is executed in compliance with the provisions of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 and Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016, collectively referred to as the Safe Harbour rules.

    The following transactions have been made under the share buyback programme:

      Number of shares VWAP Gross value (DKK)
    Accumulated, most recent
    Announcement

    168,000

     

    74,264,620.00

    24 March 2025
    25 March 2025
    26 March 2025
    27 March 2025
    28 March 2025
    19,000
    19,000
    13,000
    13,000
    19,000
    430.60
    437.14
    443.37
    444.66
    437.82
    8,181,400.00
    8,305,660.00
    5,763,810.00
    5,780,580.00
    8,318,580.00
    Total over week 13 83,000   36,350,030.00
    Total accumulated during the
    share buyback programme
    251,000   110,614,650.00

    All transactions were made under ISIN DK 0010311471 and effected by Danske Bank A/S on behalf of Sydbank A/S.

    Further information about the transactions, cf Article 5 of Regulation (EU) No 596/2014 of the European Parliament and of the Council on market abuse and Commission delegated regulation, is available in the attachment.

    Following the above transactions, Sydbank holds a total of 3,648,502 own shares, equal to 6.68% of the Bank’s share capital.

    Yours sincerely
            
    Mark Luscombe        Jørn Adam Møller
    CEO        Deputy Group Chief Executive

    Attachment

    The MIL Network

  • MIL-OSI Security: NATO Military Committee visits Sweden

    Source: NATO

    From 26 to 28 March, the NATO Military Committee visited the Island of Gotland and Luleå in Sweden, on an invitation by the Swedish Chief of Defence, General Michael Claesson. This was the first visit of the Military Committee to Sweden, since the country became the 32nd member of the NATO Alliance, in March 2024.

    Throughout the visit, the Military Committee was briefed on Sweden’s security and defence strategy, its geostrategic environment, total defence concept and modern military capabilities. Sweden’s bilateral and multilateral defence cooperation with regional and international allies were also discussed.

    The Chair of the Military Committee, Admiral Giuseppe Cavo Dragone, underscored “the importance of this visit in witnessing first-hand the high-level of Sweden’s defence capabilities, the professionalism of its military and civilian personnel, and how all this contributes significantly to the Alliance’s collective defence”. Admiral Cavo Dragone emphasized the security of Sweden’s position within NATO, and the commitment of guaranteeing security shared among all 32 Allies.

    On Wednesday 26th March, the Military Committee visited Swedish military facilities on the Island of Gotland, a site of geostrategic importance in the Baltic sea region for strengthening NATO’s north-eastern flank. The Military Committee also had the opportunity to meet with the 18th Armoured Regiment Gotland, and learn more about Sweden’s maritime and land capabilities.

    The Military Committee also visited Luleå, hosted by the Chief of the Air Force, Major General Jonas Wikman, and the Chief of the Army, Major General Jonny Lindfors, where they learned more about how Sweden’s specialised capabilities are  adapted to the High North strategic environment. In Luleå, admirals and generals from the Military Committee had the opportunity to engage with conscripts, and were briefed on Sweden’s whole-of-society approach and investment in future force capabilities.

    MIL Security OSI

  • MIL-OSI: Subsea7 awarded contract offshore Norway

    Source: GlobeNewswire (MIL-OSI)

    Luxembourg – 31 March 2025 – Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a sizeable1 contract by Equinor as technical service provider (TSP) for the Northern Lights Phase 2 project, offshore Norway.

    Subsea7’s scope includes engineering, procurement, construction and installation of a five kilometre CO2 pipeline, as well as installation of integrated satellite structures, umbilicals, tie-in and pre-commissioning activities.

    Project management and engineering will commence immediately at Subsea7’s office in Stavanger, Norway. Fabrication of the pipeline will take place at Subsea7’s spoolbase at Vigra, Norway and offshore operations will be executed in 2026 and 2027.

    Erik Femsteinevik, Vice President for Subsea7 Norway said: “We are excited to continue our collaboration with Equinor TSP and the Northern Lights’ owners Equinor, Shell and TotalEnergies on phase 2 of this ambitious and pioneering project. We look forward to working together to increase the development’s carbon storage capacity to a minimum of five million tonnes per year, and to support the continued development of a new value chain for Norway and Europe.”

    Northern Lights phase 2 is enabled by a grant from the Connecting Europe Facility for Energy (CEF Energy) funding scheme. 

    1. Subsea7 defines a sizeable contract as being between $50 million and $150 million.

    *******************************************************************************
    Subsea7 is a global leader in the delivery of offshore projects and services for the evolving energy industry, creating sustainable value by being the industry’s partner and employer of choice in delivering the efficient offshore solutions the world needs.

    Subsea7 is listed on the Oslo Børs (SUBC), ISIN LU0075646355, LEI 222100AIF0CBCY80AH62.

    *******************************************************************************

    Contact for investment community enquiries:
    Katherine Tonks
    Investor Relations Director
    Tel +44 20 8210 5568
    ir@subsea7.com

    Contact for media enquiries:
    Jan Roger Moksnes
    Communications Manager
    Tel +47 41515777
    janroger.moksnes@subsea7.com
    www.subsea7.com

    Forward-Looking Statements: This document may contain ‘forward-looking statements’ (within the meaning of the safe harbour provisions of the U.S. Private Securities Litigation Reform Act of 1995). These statements relate to our current expectations, beliefs, intentions, assumptions or strategies regarding the future and are subject to known and unknown risks that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements may be identified by the use of words such as ‘anticipate’, ‘believe’, ‘estimate’, ‘expect’, ‘future’, ‘goal’, ‘intend’, ‘likely’ ‘may’, ‘plan’, ‘project’, ‘seek’, ‘should’, ‘strategy’ ‘will’, and similar expressions. The principal risks which could affect future operations of the Group are described in the ‘Risk Management’ section of the Group’s Annual Report and Consolidated Financial Statements. Factors that may cause actual and future results and trends to differ materially from our forward-looking statements include (but are not limited to): (i) our ability to deliver fixed price projects in accordance with client expectations and within the parameters of our bids, and to avoid cost overruns; (ii) our ability to collect receivables, negotiate variation orders and collect the related revenue; (iii) our ability to recover costs on significant projects; (iv) capital expenditure by oil and gas companies, which is affected by fluctuations in the price of, and demand for, crude oil and natural gas; (v) unanticipated delays or cancellation of projects included in our backlog; (vi) competition and price fluctuations in the markets and businesses in which we operate; (vii) the loss of, or deterioration in our relationship with, any significant clients; (viii) the outcome of legal proceedings or governmental inquiries; (ix) uncertainties inherent in operating internationally, including economic, political and social instability, boycotts or embargoes, labour unrest, changes in foreign governmental regulations, corruption and currency fluctuations; (x) the effects of a pandemic or epidemic or a natural disaster; (xi) liability to third parties for the failure of our joint venture partners to fulfil their obligations; (xii) changes in, or our failure to comply with, applicable laws and regulations (including regulatory measures addressing climate change); (xiii) operating hazards, including spills, environmental damage, personal or property damage and business interruptions caused by adverse weather; (xiv) equipment or mechanical failures, which could increase costs, impair revenue and result in penalties for failure to meet project completion requirements; (xv) the timely delivery of vessels on order and the timely completion of ship conversion programmes; (xvi) our ability to keep pace with technological changes and the impact of potential information technology, cyber security or data security breaches; (xvii) global availability at scale and commercially viability of suitable alternative vessel fuels; and (xviii) the effectiveness of our disclosure controls and procedures and internal control over financial reporting. Many of these factors are beyond our ability to control or predict. Given these uncertainties, you should not place undue reliance on the forward-looking statements. Each forward-looking statement speaks only as of the date of this document. We undertake no obligation to update publicly or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
    This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.
    This stock exchange release was published by Katherine Tonks, Investor Relations, Subsea7, on 31 March 2025 at 12:15 CET.

    Attachment

    The MIL Network

  • MIL-OSI: Innofactor Plc applies for the delisting of its shares from the official list of Nasdaq Helsinki

    Source: GlobeNewswire (MIL-OSI)

    Innofactor Plc | Stock Exchange Release | March 31, 2025 at 8:50 EEST

    Innofactor Plc applies for the delisting of its shares from the official list of Nasdaq Helsinki

    The Board of Directors of Innofactor Plc (“Innofactor”) has today resolved to apply for the termination of public trading in the shares of Innofactor and for the delisting of its shares from the official list of Nasdaq Helsinki Ltd (“Nasdaq Helsinki”) as soon as possible upon Onni Bidco Oy (“Onni Bidco”) having gained title to all the shares in Innofactor in the pending redemption proceedings under Chapter 18 of the Finnish Companies Act.

    Onni Bidco holds more than 90 per cent of all the issued and outstanding shares in Innofactor. As previously announced, Onni Bidco has, by submitting an application to the Redemption Board of the Finland Chamber of Commerce dated December 2, 2024, commenced redemption proceedings in respect of Innofactor’s minority shares by initiating arbitration proceedings in accordance with Chapter 18, Section 3 of the Finnish Companies Act in order to obtain ownership of all the issued and outstanding shares in Innofactor. Onni Bidco served its application to appoint an arbitral tribunal and to initiate arbitration proceedings in accordance with Chapter 18, Section 5 of the Finnish Companies Act on January 7, 2025.

    The Board of Directors of Innofactor has resolved to submit an application to Nasdaq Helsinki for the termination of public trading and for the delisting of the Innofactor shares. In the application, it is requested that the delisting in respect of the Innofactor shares admitted to trading on the official list of Nasdaq Helsinki would become effective as soon as possible upon Onni Bidco having gained title to all the shares in Innofactor in the pending redemption proceedings under Chapter 18 of the Finnish Companies Act.

    Investor and media enquiries:

    Veera Vitie (Innofactor), ir@innofactor.com, +358 44 331 0207
    Lasse Lautsuo (Innofactor), ir@innofactor.com, +358 50 480 1597

    Distribution:
    NASDAQ Helsinki
    Main media

    ABOUT INNOFACTOR

    Innofactor is the leading promoter of the modern digital organization in the Nordic countries for its approximately 1,000 customers in the commercial and public sectors. Innofactor has the widest solution offering and leading know-how in the Microsoft ecosystem in the Nordics. Innofactor’s offering includes planning services for business-critical IT solutions, project deliveries, implementation support and maintenance services, as well as own software and services. Innofactor employs nearly 600 experts in Finland, Sweden, Denmark and Norway. Innofactor’s shares are listed on Nasdaq Helsinki with the ticker symbol IFA1V.

    The MIL Network

  • MIL-OSI: Innofactor Plc Annual Report for 2024 has been published

    Source: GlobeNewswire (MIL-OSI)

    Innofactor Plc Annual Financial Report, on March 31, 2025, at 9:00 Finnish time

    Innofactor Annual Report for 2024 has been published as a PDF file on the company website: www.innofactor.com/invest-in-us/releases-publications-and-reports/#annual-reports. The Annual Report includes the Financial Statement, the Report of the Board of Directors and the Sustainability Report.

    Innofactor’s Corporate Governance Statement for the Financial Period 2024 has been published separately from the Annual Report on the company website: https://www.innofactor.com/invest-in-us/corporate-governance/.

    The Remuneration Report for the Financial Period 2024 has been published on the company website: www.innofactor.com/invest-in-us/corporate-governance/#compensations.

    The Annual Report, the Corporate Governance Statement, and the Remuneration Report are also attached to this release.

    Espoo, March 31, 2025

    INNOFACTOR PLC

    Sami Ensio, CEO

    Additional information:
    Sami Ensio, CEO
    Innofactor Plc
    Tel. +358 50 584 2029
    sami.ensio@innofactor.com

    Distribution:
    NASDAQ Helsinki
    Main media
    www.innofactor.com

    Innofactor
    Innofactor is the leading driver of the modern digital organization in the Nordic Countries for its about 1,000 customers in commercial and public sector. Innofactor has the widest solution offering and leading know-how in the Microsoft ecosystem in the Nordics. Innofactor has about 600 enthusiastic and motivated top specialists in Finland, Sweden, Denmark and Norway. www.innofactor.com #AIDriven #PeopleFirst #BeTheRealYou

    Attachments

    • Innofactor Plc Annual Report 2024
    • Corporate Governance Statement 2024
    • Remuneration Report 2024

    Attachments

    The MIL Network

  • MIL-OSI United Nations: FOCUS ON: Efficiency and pooled funding

    Source: UNISDR Disaster Risk Reduction

    UNDRR’s operations are guided by the goal of achieving the highest impact by strategically allocating resources, streamlining processes and fostering a collaborative environment with implementing partners to access specialist skills as needed. 

    UNDRR ensures that every initiative delivers measurable results, which are reported in Annex 1 to the Annual Report. UNDRR has a dedicated team consisting of staff, Junior Professional Officers, secondees from national governments (Non Reimbursable Loans) and United Nations Volunteers and interns who work together seaLearn more about UNDRR’s work from 2024 in the Annual Report.mlessly, leveraging diverse expertise to swiftly and effectively deliver on a broad work programme. Through its unwavering focus on accountability, establishing long-term contracts to ensure that recurrent services provide the best value for money, and continuous improvement, UNDRR maximizes the reach and benefits of its programmes, ultimately driving sustainable change through its work.

    UNDRR has worked with several pooled funding mechanisms and partnerships to increase effectiveness and efficiency. CREWS was an important partner to UNDRR in 2024, bringing together UNDRR, WMO and the Global Facility for Disaster Reduction and Recovery to enhance EWS. The Migration Multi-Partner Trust Fund brought together UNDRR, the World Health Organization and the International Organization for Migration for work in Iraq, Jordan and Lebanon. The Swedish International Development Cooperation Agency made a contribution to UNDRR for EW4ALL, and UNDRR shared a portion with the World Health Organization, the International Telecommunication Union and the International Federation of Red Cross and Red Crescent Societies to ensure that all four pillars could accelerate work in a coordinated manner. The Netherlands used the same formula for the Water at the Heart of Climate Action initiative, and Denmark made a contribution to WMO that was shared with the other pillar leads, including UNDRR. In short, 2024 saw significant efforts to enhancing efficiency and impact on the ground through working with key partners in a joined-up way.

    Back to the UNDRR 2024 Annual Report

    MIL OSI United Nations News

  • MIL-OSI: International Petroleum Corp. Annual General Meeting to be held on May 7, 2025

    Source: GlobeNewswire (MIL-OSI)

    International Petroleum Corporation (“IPC” or the “Corporation”) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that the Annual General Meeting (the “Meeting”) of holders of common shares (“Shareholders”) will be held at the offices of Blake, Cassels and Graydon LLP, Suite 3500, 855 – 2nd Street S.W., Calgary, Alberta, Canada T2P 4J8 on Wednesday, May 7, 2025 at 8:00 a.m. (Mountain time), for the following purposes:

    1. To receive the audited consolidated financial statements of the Corporation for the financial year ended December 31, 2024 and accompanying report of the auditor;
    2. To set the number of directors of the Corporation at eight;
    3. To elect the eight nominees of the Corporation standing for election as directors of the Corporation to hold office until the next annual meeting of Shareholders or until his or her successor is duly elected or appointed;
    4. To appoint PricewaterhouseCoopers LLP, Chartered Professional Accountants, as the auditor of the Corporation, to hold office until the next annual meeting of Shareholders and to authorize the directors to fix the auditor’s remuneration; and
    5. To transact such other business as may properly come before the Meeting or any adjournment(s) or postponement(s) of the Meeting.

    The record date for the Meeting is March 18, 2025. The Notice of Meeting, the Management Information Circular dated March 24, 2025 (the “Information Circular”) and related Meeting materials, and the Corporation’s Annual Information Form for the year ended December 31, 2024, will be available under the Corporation’s profile on SEDAR+ at www.sedarplus.ca and on the Corporation’s website at www.international-petroleum.com.

    The Corporation is not aware of any items of business to be brought before the Meeting other than those described in the Information Circular and there will be no management presentation on the business and operations of the Corporation at the Meeting.

    Advice to Holders of Euroclear Sweden Registered Common Shares

    Shareholders who hold their common shares (“Euroclear Registered Common Shares”) through Euroclear Sweden AB, which common shares trade on the Nasdaq Stockholm, are not registered holders of common shares for the purposes of voting at the Meeting. Instead, Euroclear Registered Common Shares are registered under CDS & Co., the registration name of the Canadian Depositary for Securities. Holders of Euroclear Registered Common Shares will receive a voting instruction form (the “VIF”) by mail directly from Computershare AB (“Computershare Sweden”). Additional copies of the VIF, together with the Information Circular, can also be obtained from Computershare Sweden and are available on the Corporation’s website at www.international-petroleum.com. The VIF cannot be used to vote common shares directly at the Meeting. Instead, the VIF must be completed and returned to Computershare Sweden, strictly in accordance with the instructions and deadlines as further described in the instructions provided with the VIF.

    International Petroleum Corp. (IPC) is an international oil and gas exploration and production company with a high quality portfolio of assets located in Canada, Malaysia and France, providing a solid foundation for organic and inorganic growth. IPC is a member of the Lundin Group of Companies. IPC is incorporated in Canada and IPC’s shares are listed on the Toronto Stock Exchange (TSX) and the Nasdaq Stockholm under the symbol “IPCO”.

    For further information, please contact:

    Rebecca Gordon
    SVP Corporate Planning and Investor Relations
    rebecca.gordon@international-petroleum.com
    Tel: +41 22 595 10 50

    Or

    Robert Eriksson
    Media Manager
    reriksson@rive6.ch
    Tel: +46 701 11 26 15

    The information was submitted for publication, through the contact persons set out above, at 09:00 CEST on March 31, 2025.

    Forward-Looking Statements
    This press release contains statements and information which constitute “forward-looking statements” or “forward-looking information” (within the meaning of applicable securities legislation). Such statements and information (together, “forward-looking statements”) relate to future events, including the Corporation’s future performance, business prospects or opportunities. Actual results may differ materially from those expressed or implied by forward-looking statements. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement. Forward-looking statements speak only as of the date of this press release, unless otherwise indicated. IPC does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by applicable laws.

    All statements other than statements of historical fact may be forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, forecasts, guidance, budgets, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “seek”, “anticipate”, “plan”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “forecast”, “predict”, “potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe”, “budget” and similar expressions) are not statements of historical fact and may be “forward-looking statements”.

    Attachment

    The MIL Network

  • MIL-OSI: Agillic appoints new CFO Jack Sørensen

    Source: GlobeNewswire (MIL-OSI)

    Press release – Copenhagen – 31 March 2025

    Jack Sørensen joins Agillic as its new Chief Financial Officer on 1 May 2025.

    Jack will manage the finance team, oversee financial strategy and operations, and work closely with CEO Christian Samsø on investor relations. 

    Jack joins Agillic from Evaxion-Biotech A/S – a biotech company listed on Nasdaq New York and operating in Australia and Denmark – where he has been the VP of Finance and Reporting since 2022. Jack brings an extensive international experience across IT and SaaS, med- and biotech, telecom, and consultancy, having held various roles in companies like Deloitte, Chr. Hansen Holding, DONG Energy (Ørsted), Global Connect Outsourcing, and Widex.

    Christian Samsø, CEO at Agillic, comments: 
    “I am very pleased to have concluded a swift recruitment process, welcoming Jack to Agillic already in May. We have a highly capable finance department, and I look forward to seeing Jack develop and lead the team, and together with the Executive Management team deliver on Agillic’s strategic priorities of ARR growth, positive cashflow from operations, and positive EDITDA as outlined with our 2025 guidance.”

    Jack Sørensen adds:
    “Agillic has an impressive portfolio and footprint in the Nordics. Like any SaaS business, it is subject to market conditions, but I see a strong foundation for growth and look forward to contributing to the continued journey.” 

    For further information, please contact
    Christian Samsøe, CEO
    +45 24 88 24 24
    christian.samsoe@agillic.com

    About Agillic A/S
    Agillic A/S (Nasdaq First North Growth Market Copenhagen: AGILC) is a Danish software company offering brands a platform through which they can work with data-driven insights and content to create, automate, and send personalised communication to millions. Agillic is headquartered in Copenhagen, Denmark. For further information, please visit agillic.com. 

    The MIL Network

  • MIL-OSI: Nokia and Amazon sign patent agreement

    Source: GlobeNewswire (MIL-OSI)

    Press Release
    Nokia and Amazon sign patent agreement

    • Agreement covers the use of Nokia’s video technologies in Amazon’s streaming services and streaming devices.
    • All patent litigation between the parties resolved.

    31 March 2025
    Espoo, Finland – Nokia today announced it has signed a patent agreement with Amazon covering the use of Nokia’s video technologies in Amazon’s streaming services and devices. The agreement resolves all patent litigation between the parties, in all jurisdictions. The terms – including the financial terms – of the agreement remain confidential as agreed between the parties.

    “We are pleased to have reached agreement on the use of Nokia’s video technologies in Amazon’s streaming services and devices,” said Arvin Patel, Chief Licensing Officer New Segments at Nokia.

    Nokia is a leader in the development of video and multimedia technologies, including video compression, content delivery, content recommendation and aspects related to hardware. In the past 25 years, Nokia has created almost 5 000 inventions that enable multimedia products and services and continues to play a leading role in multimedia research and standardization.

    Nokia’s expertise in multimedia and video research is built on continuous investment to advance the industry. Nokia has invested over €150 billion in R&D since 2000 (including over €4.5 billion in 2024 alone) for cutting edge technologies including cellular and multimedia.

    Related news
    Web Page: Patents powering consumer electronics I Nokia
    Blog: We seek compensation for use of our inventions | Nokia

    About Nokia
    At Nokia, we create technology that helps the world act together.

    As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs, which is celebrating 100 years of innovation.

    With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.

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    Email: steven.bartholomew@nokia.com

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