Tag Archives: EGF

CGM Finance secures €18.75 million guarantee from EIF to support Italian social enterprises

Guarantee will enable CGM Finance to provide more financing to social enterprises prioritizing social impact over profit. (IN BRIEF) The European Investment Fund (EIF) has announced an €18.75 million guarantee to CGM Finance, which will be used to finance social … Read the full press release

EIB, EIF and LBBW partner over helping SMEs in Germany coup with the negative impact of the coronavirus pandemic and inflation

LBBW will provide loans of up to €960 million on favourable terms to small businesses (SMEs) in Germany. The synthetic securitisation transaction between the EIB, EIF and LBBW aims to assist SMEs with their recovery from the negative impact of the … Read the full press release

La BEI, le FEI et LBBW s’associent pour aider les PME allemandes à faire face à l’impact négatif de la pandémie de coronavirus et de l’inflation

LBBW accordera des prêts allant jusqu’à 960 millions d’euros à des conditions favorables aux petites entreprises (PME) en Allemagne. L’opération de titrisation synthétique entre la BEI, le FEI et LBBW vise à aider les PME à se remettre de l’impact négatif … Read the full press release

UniCredit and EIB to mobilise €2.5 billion to help Italian businesses recover from the COVID-19 crisis

The EIB will use the Pan-European Guarantee Fund (EGF) to facilitate UniCredit lending to large, medium and small companies Around 100 large and mid-corporates and more than 10,000 SMEs across Italy stand to benefit Long-term loans and working-capital financing available … Read the full press release

EC to provide €1.1M EGF money to help 480 workers made redundant by Jabil CM and Anovo Italia

28-6-2013 — /europawire.eu/ — The European Commission has today proposed to provide Italy with €1.1 million from the European Globalisation Adjustment Fund (EGF) to help 480 workers made redundant by Jabil CM S.r.l and Anovo Italia S.p.A. – two manufacturers of electronic … Read the full press release

European Court of Auditors find emergency funds for redundant workers should be paid out faster

25-6-2013 — /europawire.eu/ — A special fund to help workers made redundant by globalisation delivers only limited EU added-value and should be replaced by a more efficient system, according to a new report from the European Court of Auditors (ECA), the … Read the full press release