Tag Archives: economic recovery

Bankinter announces record 2021 financial results in a year of economic recovery

Stripping out the capital gain from Línea Directa, recurring net profit stands at 437.4 million euros, up 37.9% from 2020. Operating income tops 1,000 million euros for the first time, rising 13.9 % from the year before. A year of … Read the full press release

Siemens Gamesa in 3QFY2021: order backlog increase underlines further commitments to a decarbonized economy

Order backlog amounted to €32.6bn, underpinned by further commitments to a decarbonized economy; Siemens Gamesa logged €11.8bn order intake in the last twelve months Rising commodity prices and higher ramp-up costs for the 5.X platform resulted in provisions for onerous … Read the full press release

Erste Group joins European Union’s newly established economic stimulus programme

European Union will issue up to 800 billion euros by end-2026 to finance EU’s recovery Erste Group only bank with key focus on CEE region in EU’s Primary Dealer Network (PRESS RELEASE) VIENNA, 4-Jun-2021 — /EuropaWire/ — Erste Group announces … Read the full press release

UniCredit´s CEE Strategic Analysis department released its latest CEE Banking Study

Lending growth expected to be mainly driven by corporate segment in the next years Increase in deposits at a sound level supporting the CEE banking sector’s shift towards a ‘new model’ ‘New model’ characterised by a more sustainable funding structure, … Read the full press release

The EY Eurozone Financial Services Forecast (EEFSF): business lending expected to drop by €211b in 2014

London, UK, 7-1-2014 — /EuropaWire/ — This year the Eurozone will experience annual GDP growth for the first time since 2011, but at just 0.9% the growth will not be strong enough to support a level of uplift in financial services that … Read the full press release

EC, ECB and IMF on the Tenth Review Mission to Ireland

Brussels, 9-5-2013 — /europawire.eu/ — Staff teams from the European Commission (EC), European Central Bank (ECB), and International Monetary Fund (IMF) visited Dublin during April 23rd – May 2nd, 2013 for the tenth review of the government’s economic programme and met with … Read the full press release

The European Investment Bank will step up its annual lending by more than 40 percent, to around EUR 70bn

29-4-2013 — /europawire.eu/ — The EIB is one of “five major building blocks” for economic recovery and sustainability according to an editorial article published today in the International Herald Tribune and co-signed by Olli Rehn, European Commissioner for economic and monetary affairs; Jeroen … Read the full press release