Category Archives: European Union

Press Releases & News from European Union distributed via EuropaWire

Leading health experts voice their support for the introduction of an EU priority review programme

(IN BRIEF) The global health NGO Deutsche Stiftung Weltbevölkerung (DSW) is calling on the European Union (EU) to establish a priority review program aimed at encouraging investment in research and innovation (R&I) to combat poverty-related and neglected infectious diseases. Over … Read the full press release

EBRD and EU Support Montenegro’s Green Energy Efficiency Investments

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD), in partnership with the European Union (EU) and Austria, is bolstering energy efficiency investments in Montenegro by extending a €2 million loan to NLB Banka a.d. Podgorica, aimed at providing … Read the full press release

EIB Grants €30.5 Million Loan to DOMINION for Technological Advancements and Innovation Across Europe

(IN BRIEF) The European Investment Bank (EIB) has recently entered into a €30.5 million loan agreement with DOMINION, a multi-technology services and integrated projects company, to fund the development of cutting-edge technology aimed at designing innovative engineering and computing solutions. … Read the full press release

EIB Group Champions European Start-Ups at 2023 Web Summit

(IN BRIEF) The EIB Group, represented by EIB Vice-President Ricardo Mourinho Félix and a team of finance and innovation experts, is set to spotlight its support for innovation and start-ups in Europe at the 2023 Web Summit in Lisbon from … Read the full press release

Skanska Updates Green Bond Framework to Align with EU Taxonomy and Climate Targets

(IN BRIEF) Skanska, a construction and development company, has updated its Green Bond Framework to incorporate criteria from the EU Taxonomy for sustainable activities and expand its scope to cover additional categories. The framework, which aligns with the 2021 ICMA … Read the full press release

Ericsson Secures Funding for Cloud and Edge Infrastructure Innovation in European Initiative

(IN BRIEF) Ericsson has received funding from Germany’s Economic Affairs and Climate Action Ministry to support its KeeCEK (Small efficient effective Cloud Edge Nodes) project, part of the Important Project of Common European Interest on Next Generation Cloud Infrastructure and … Read the full press release

EU Announces €902 Million Support Package for Jordan, Focusing on Education, Water Infrastructure, and Economic Development

(IN BRIEF) The President of the European Commission, Ursula von der Leyen, welcomed King Abdullah II of Jordan to Brussels and discussed recent regional developments. During the visit, the EU announced a substantial support package for Jordan worth €902 million, … Read the full press release

EIB and European Commission to Triple Advisory Assistance for Western Balkans and Turkey

(IN BRIEF) The European Investment Bank (EIB) and the European Commission have announced a new agreement that will triple the EIB’s advisory assistance for the Western Balkans and potentially Turkey under the JASPERS program. This agreement includes the largest-ever budget … Read the full press release

EIB Commits €150 Million Loan to Deploy Smart Meters for Greece’s Energy Modernization

(IN BRIEF) The European Investment Bank (EIB) has signed a €150 million 15-year loan agreement with the Hellenic Electricity Distribution Network Operator (HEDNO) to support the deployment of electricity smart meters across Greece. This initiative aims to enhance the efficiency … Read the full press release

EIB’s Continued Support: Veridos Matsoukis to Strengthen Greek Identity Document Manufacturing

(IN BRIEF) The European Investment Bank (EIB) and Veridos Matsoukis, a secure identity document printer, have agreed on a €10.5 million 10-year loan to expand Greece’s capacity to produce secure passports, identity cards, and official documents. This investment project, totaling … Read the full press release

Newest publication: If you want peace, prepare for war!

(IN BRIEF) Sallux Publishing proudly announces the completion of the translation of the French book “Si tu veux la paix, prépare la guerre!” by French Army Colonel and scholar François-Régis Legrier. The publication aims to provide Christian politicians, foreign policy … Read the full press release

European Society of Cardiology Weighs In on EU Pharmaceutical Legislation Reform, Advocates for Cardiovascular Research Support

(IN BRIEF) The European Society of Cardiology (ESC) has issued a statement regarding the proposed Reform of the EU Pharmaceutical Legislation by the European Commission, currently in negotiation in the European Parliament and the Council. While the ESC supports the … Read the full press release

EIB Grants €100 Million Loan to Intesa Sanpaolo to Boost Green Transition in Italy’s Public Sector

(IN BRIEF) The European Investment Bank (EIB) has signed an agreement with Intesa Sanpaolo to provide a €100 million loan aimed at supporting the green transition of the public sector and publicly owned companies in Italy. This partnership marks the … Read the full press release

EBRD and EU Collaborate to Enhance Solid Waste Management in Kyrgyz Republic’s Capital

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have supported the completion of a vital infrastructure project in Bishkek, the capital of the Kyrgyz Republic. The project involves the construction of a landfill … Read the full press release

Georgia’s East-West Highway Section Opens with EU and EIB Support, Enhancing Regional Connectivity

(IN BRIEF) The Ubisa-Shorapani section of Georgia’s East-West Highway, a crucial part of the Trans-European Transport Network (TEN-T) and the Middle Corridor, was officially opened on October 28, 2023. This section is one of seven supported by the European Union … Read the full press release

Improved Eurojust Regulation Empowers EU Against Terrorism

(IN BRIEF) European Union (EU) judicial authorities are strengthening their efforts to combat terrorism by enhancing information sharing with Eurojust. An amendment to the Eurojust Regulation allows EU Member States to share a broader range of information on ongoing and … Read the full press release

Spanish SMEs Get Boost with EIB Group and ICO’s Sabadell ABS Investment

(IN BRIEF) The European Investment Bank (EIB) Group, along with the European Investment Fund (EIF) and Instituto de Crédito Oficial (ICO), has invested in asset-backed securities (ABS) issued by Sabadell Consumer Finance to support the financial needs of small and … Read the full press release

Siemens Leads the Way in European Unitary Patent Applications, Focusing on Digital Technologies

(IN BRIEF) Siemens has taken the lead in applying for unitary patents in Europe, with over 12,000 applications submitted since the European Unitary Patent system started in June 2023. This new patent system, coupled with the Unified Patent Court, simplifies … Read the full press release

EU Faces Challenges in Meeting Plastic Packaging Recycling Targets, Says European Court of Auditors

(IN BRIEF) The European Court of Auditors (ECA) has cautioned that the EU may struggle to meet its plastic packaging recycling targets for 2025 and 2030 outlined in the new Packaging and Packaging Waste Regulation. Packaging accounts for a significant … Read the full press release

Record-Breaking Year for Corporate Renewable PPAs in the EU, but Regulatory Barriers Must Be Removed, Say Industry Leaders

(IN BRIEF) The RE-Source 2023 event in Amsterdam has marked a record year for corporate power purchase agreements (PPAs) in the EU, with 7.8 GW of renewable capacity secured year to date. Companies in the ICT, heavy industry, and telecom … Read the full press release

EU Pledges €500 Million for Global Health and €134 Million for Local Manufacturing in Africa

(IN BRIEF) During the Global Gateway Forum, the EU committed €500 million to global health in collaboration with the European Investment Bank (EIB) and the Bill & Melinda Gates Foundation. This funding will strengthen healthcare capacities, improve pharmaceutical supply chains, … Read the full press release

EU Commits €16 Million to Enhance Road Safety Along Georgia’s East-West Highway

(IN BRIEF) The EU, represented by Commissioner Olivér Várhelyi and EIB President Werner Hoyer, has announced a €16 million grant through EIB Global to enhance road safety in Georgia along the East-West highway. The project aims to improve physical safety … Read the full press release

EU Commits €10 Million to Improve Education Infrastructure in Armenia’s Syunik Region

(IN BRIEF) At the Global Gateway Forum, the EU Commissioner for Neighbourhood and Enlargement, Olivér Várhelyi, and the European Investment Bank (EIB) President, Werner Hoyehr, announced a financial package to enhance education infrastructure in Armenia. The package includes a €10 … Read the full press release

OLAF Hosts 10th Annual Meeting of EU Member States’ Anti-Fraud Coordination Services (AFCOS) in Lithuania

(IN BRIEF) The European Anti-Fraud Office (OLAF) convened the 10th gathering of national Anti-Fraud Coordination Services (AFCOS) from all European Union (EU) Member States on October 18-19, 2023, in Vilnius, Lithuania. The annual conference, organized in collaboration with AFCOS Lithuania … Read the full press release

AstraZeneca and Daiichi Sankyo Gain EU Approval for Enhertu as Monotherapy for HER2-Mutant Lung Cancer

(IN BRIEF) AstraZeneca and Daiichi Sankyo have received European Union (EU) approval for their drug Enhertu as a monotherapy for the treatment of advanced non-small cell lung cancer (NSCLC) in adult patients with activating HER2 mutations who require systemic therapy … Read the full press release

Rheinmetall-Led FEDERATES Consortium Gains €30 Million EU Funding to Transform European Simulation Resources

(IN BRIEF) The FEDERATES consortium, led by Rheinmetall, has secured €30 million in funding from the European Union for an innovative training and decision support project. FEDERATES aims to create a “distributed synthetic simulation environment” that connects various simulation resources … Read the full press release

EIB and Commerzbank Collaborate to Offer €400 Million in Loan Guarantees to Medium-Sized Businesses

(IN BRIEF) The European Investment Bank (EIB) and Commerzbank have established a guarantee program to support medium-sized businesses in Germany and the EU. Companies with 250 to 3,000 employees can apply for long-term loans through Commerzbank, with a total of … Read the full press release

Multilateral Development Banks Collaborate to Simplify Procurement for Ukraine’s Reconstruction

(IN BRIEF) Four multilateral development banks, including the Council of Europe Development Bank (CEB), the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), and the World Bank, have agreed to harmonize their procurement practices for public … Read the full press release

EBRD and EU Support Revival of Albanian Railways, Easing Traffic Congestion and Pollution

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are supporting the reconstruction of a 34 km stretch of railway between Durres and Tirana in Albania, marking the first major investment in the country’s … Read the full press release

EIB Prioritizes Green and Digital Transition in Western Balkans at Berlin Summit

(IN BRIEF) The European Investment Bank (EIB) reaffirms its commitment to supporting sustainable development in the Western Balkans. During the Berlin Process Leaders’ Summit in Tirana, EIB Vice-President Czerwińska emphasized the bank’s dedication to enhancing connectivity, promoting green and digital … Read the full press release

EIB Commits €500 Million in Landmark Investment to Eradicate Polio Globally

(IN BRIEF) The European Investment Bank (EIB) has announced a substantial investment of €500 million to support the eradication of polio in Africa and Asia. This landmark commitment was unveiled during a press conference in Brussels, signifying a historic partnership … Read the full press release

EIB, European Commission, and Bill & Melinda Gates Foundation Commit €1.1 Billion to Eradicate Polio and Advance Global Health Innovation

(IN BRIEF) The European Commission, the European Investment Bank (EIB), and the Bill & Melinda Gates Foundation have unveiled a groundbreaking financing partnership aimed at addressing global health challenges. The partnership, with support from the World Health Organization (WHO) and … Read the full press release

EIF and Malta Ministry Collaborate to Inject €16.55 Million into Maltese SMEs

(IN BRIEF) In a collaborative effort between the European Investment Fund (EIF) and Malta’s Ministry of European Funds and Lands, €16.55 million will be provided to support small and medium-sized businesses (SMEs) in Malta through the ‘Malta Member State Compartment.’ … Read the full press release

European Investment Fund and Fintech Firm Invoier Join Forces to Empower SMEs in Sweden

(IN BRIEF) The European Investment Fund (EIF) and Swedish fintech firm Invoier have entered into a significant €58 million guarantee agreement to enhance funding accessibility for small and medium-sized enterprises (SMEs) and other businesses through loans and invoice trading. Supported … Read the full press release

Sustainability at the Forefront: EIB and Crédit Agricole Italia Inject €400 Million into Business Expansion

(IN BRIEF) The European Investment Bank (EIB) and Crédit Agricole Italia have signed a €400 million agreement to support small and medium-sized enterprises (SMEs) and agricultural companies. A significant portion of this funding, over 25%, will be directed towards environmental … Read the full press release

European Investment Bank Extends €70 Million Loan to Bolster Armenian SMEs and Mid-Caps

(IN BRIEF) The European Investment Bank (EIB) is providing a loan of €70 million to the Central Bank of Armenia as part of the Armenian Economic Resilience Programme, backed by the European Fund for Sustainable Development Plus (EFSD+). This funding … Read the full press release

EIB Backs Polish company SDS Optic Inc. with €10 Million Investment in Cutting-Edge Cancer Detection Tech

(IN BRIEF) The European Investment Bank (EIB) has signed a €10 million loan agreement with Polish company SDS Optic Inc. to support the development and commercialization of their innovative cancer detection technology platform, inPROBE®. SDS Optic specializes in diagnostic and … Read the full press release

Joint Effort by EIB and Santander Portugal Aims to Fuel Investments in the Portuguese Economy

(IN BRIEF) Santander Portugal and the European Investment Bank (EIB) have signed an agreement to help Portuguese mid-cap companies access financing more easily in a challenging financial landscape marked by high interest rates and limited liquidity. Under the deal, EIB … Read the full press release

Dutch King Inaugurates Vattenfall’s 1.5 GW Offshore Wind Farm, Among World’s Largest

(IN BRIEF) Dutch King Willem-Alexander, alongside board members of Vattenfall, BASF, and Allianz, has officially inaugurated the Hollandse Kust Zuid 1-4 offshore wind farm in the North Sea. Located 18-36 kilometers off the Dutch coast, the wind farm features 139 … Read the full press release

EBRD Supports Albania’s Agribusiness and Tourism Sectors with €2 Million Loan to Union Bank

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is extending a loan of up to €2 million to Union Bank to bolster financing in Albania’s agribusiness and tourism sectors, essential for the country’s economic growth. Union Bank becomes … Read the full press release