TARGET2 processed 91% of the total value settled by large-value euro payment systems Value of transactions decreased by 22.2% on account of new data collection methodology Almost 57,000 credit institutions across the world can be addressed via the system Frankfurt … Read the full press release
Posted in Banks, European Union, Financial, Germany, Management
Tagged European Central Bank, Europe’s leading large-value payment system, TARGET2
Strasbourg, France, 22-5-2014 — /EuropaWire/ — The European Ombudsman, Emily O’Reilly, has opened an investigation on her own initiative into respect for fundamental rights in the EU’s “cohesion” policy. The Ombudsman has received many complaints in this area, for example about problems … Read the full press release
LONDON, 22-5-2014 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is investing in the modernisation of Egypt’s railway system with funding that will improve journeys for millions of passengers on the country’s busy trains. A €126 million loan … Read the full press release
Belgrade, 22-5-2014 — /EuropaWire/ — EBRD President Sir Suma Chakrabarti has pledged the Bank’s support to help deal with devastating floods in Serbia as part of a wider response to the disaster that extends to all affected countries. In a meeting with Serbian Prime … Read the full press release
Brussels, 22-5-2014 — /EuropaWire/ — The first voting booths opened in the UK and the Netherlands this morning. In the next four days 400 million Europeans will have the right to choose who will be in charge in Europe. Go and vote, … Read the full press release
Posted in European Union, Government, Management, Society
Bălți, Moldova, 22-5-2014 — /EuropaWire/ — Bălți, Moldova’s second biggest city, today celebrated the arrival of a fleet of new trolleybuses financed by a loan from the European Bank for Reconstruction and Development (EBRD) and a grant from the European Union. Environmentally … Read the full press release
Brussels, 22-5-2014 — /EuropaWire/ — Representatives of 26 EU member states¹ today signed an intergovernmental agreement on the transfer and mutualisation of contributions to a single resolution fund that will be established as part of Europe’s banking union. The agreement will complement … Read the full press release
Posted in Banks, European Union, Financial, Management
Tagged bank resolution fund, EU Member States, IGA, intergovernmental agreement, Single Resolution Mechanism, SRM
Brussels, 22-5-2014 — /EuropaWire/ — On the International Day for Biological Diversity today, the Commission is launching a major new initiative to halt biodiversity loss and eradicate poverty in developing countries. The EU Biodiversity for Life (B4Life) flagship initiative is designed to help … Read the full press release
Brussels, 22-5-2014 — /EuropaWire/ — The winners of the first Natura 2000 Awards were announced at a ceremony in Brussels last night. The winners received trophies from the European Commissioner for the Environment, Janez Potočnik, along with members of the award Jury. … Read the full press release
Posted in Awards, Belgium, Bulgaria, Czech Republic, Environment, European Union, Investment, Romania, Spain
Tagged Andreja Skerl, First Natura 2000 Award, imperial eagle in Sakar Bulgaria, Janez Potočnik, Joe Hennon, Networking & Cross-Border Cooperation Award, Raná-Hrádek in the Czech Republic, Sighișoara-Târnava Mare Romania, Vijvergebied van Midden Limburg
Luxembourg, 22-5-2014 — /EuropaWire/ — The EIB invested an unprecedented EUR 1.37bn in France between 12 and 16 May. Projects supported include the refurbishment of schools, investment in France’s small businesses, a motorway and sustainable public transport initiatives. These will all contribute … Read the full press release
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