(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
Posted in Business, Chemicals, Construction, Energy, Gas & Oil, Environment, European Union, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Insurance, Investment, Management, Netherlands, News, Sweden
Tagged Allianz, BASF, Dr. Martin Brudermüller, Helene Biström, Hollandse Kust Zuid, offshore wind farm, Oliver Bäte, partnership, sustainability, Vattenfall, Willem-Alexander
(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
Posted in Agriculture, Albania, Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Management, News, Travel, United Kingdom
Tagged AATSF, agribusiness, Albania, Aleksandra Vukosavljevic, EBRD, Flutura Veipi, partnership, SMEs, sustainability, TOURISM, Union Bank
(IN BRIEF) Infineon Technologies AG has assumed the role of head and coordinator for the European research project EECONE (European ECOsystem for greeN Electronics), aimed at enhancing the sustainability of electronics in Europe. EECONE, supported by the European Union, brings … Read the full press release
Posted in Business, Electronics & Machinery, Environment, European Union, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged Constanze Hufenbecher, EECONE, European Research Project, European Union, green electronics, Infineon, recycle, Reduce, Refurbish, reliability, RePAIR, Reuse, sustainability, Sustainable Electronics
(IN BRIEF) Danmarks Nationalbank, the central bank of Denmark, has become the second central bank outside the euro area to actively trade and centrally clear repo transactions at Eurex. Eurex’s cleared repo markets, which currently have over 160 registered participants, … Read the full press release
Posted in Banks, Business, Denmark, European Union, Financial, Germany, Industrial, Insurance, International Trade, Investment, Management, News
Tagged Danmarks Nationalbank, Denmark, Deutsche Börse, Eurex, Financial, investment, Martin Wagner Toftdahl, Matthias Graulich, partnership, Repo Markets, trading
(IN BRIEF) The Lenzing Group, a leading provider of specialty cellulose fibers for textiles and nonwoven industries, has attained certification from the prestigious EU Ecolabel for its fibers produced at the Indonesian facility in Purwakarta (PT. South Pacific Viscose). This … Read the full press release
(IN BRIEF) The European Investment Fund (EIF) is injecting €40 million into Blume Equity, a leading European climate tech growth fund, with support from the InvestEU program. This investment, one of EIF’s largest in a first-time growth-stage fund, aims to … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Industrial, Investment, Luxembourg, Management, News
Tagged Blume Equity, Clare Murray, climate tech, EIF, InvestEU, investment, Marjut Falkstedt, Paolo Gentiloni, partnership, Sensorfact, SMEs, sustainability
(IN BRIEF) At the 78th General Assembly of the United Nations (UNGA), EIB President Werner Hoyer emphasized the importance of ambitious climate action and global development partnerships. Speaking at the Climate Ambition Summit, President Hoyer highlighted the economic potential of … Read the full press release
Posted in Banks, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, Media, News
Tagged António Guterres, Climate Action, Climate Ambition Summit, EIB, Mia Mottley, partnership, President Werner Hoyer, sustainability, UNGA
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD), in collaboration with the European Union (EU) and Sweden, is providing a $20 million loan to TBC Bank in Georgia. This financing is aimed at bolstering lending opportunities for micro, … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Industrial, Investment, Management, News, Small Business, Society, Sweden, United Kingdom
Tagged EBRD, EU, Francis Malige, GEORGIA, Giorgi Megrelishvili, Lawrence Meredith, MSMEs, partnership, sustainability, Sweden, TBC Bank, women empowerment
(IN BRIEF) CTP, Europe’s major industrial property developer, secures €200 million in financing from the European Investment Bank (EIB) to fund extensive solar panel installations across its European business parks. The funding aligns with the EIB’s REPowerEU initiative to reduce … Read the full press release
Posted in Banks, Business, Construction, Energy, Gas & Oil, European Union, Financial, Industrial, Infrastructure & Utilities, Luxembourg
Tagged CTP, developer, EIB, energy transition, European business park, European Investment Bank, Lilyana Pavlova, loan, logistics properties, Peter Ceresnik, Richard Wilkinson, solar panel installations, solar photovoltaic programme
(IN BRIEF) The European Investment Bank (EIB) and five United Nations (UN) institutions have signed an agreement to enhance their collaboration on projects aimed at achieving Sustainable Development Goals. This agreement allows the EIB to directly finance technical assistance and … Read the full press release
Posted in Banks, European Union, Financial, Luxembourg, Society, Ukraine
Tagged Ambroise Fayolle, EIB, EIB financing, European Investment Bank, European Union, FAO, Food and Agriculture Organization, IOM, Sustainable Development Goals, Ukraine recovery programme, UNDP, UNICEF, United Nations, UNOPS, WHO, World Health Organization
(IN BRIEF) The CommuniCity project, funded by the European Union, has launched its Second Open Call to address various challenges faced by marginalized communities in European cities. Building on the success of its First Open Call, the project has expanded … Read the full press release
Posted in Czech Republic, Education, Estonia, European Union, Finland, Government, Internet & Online, Netherlands, Non Profit, Politics, Portugal, Science, Society, Technology
Tagged Aarhus, Amsterdam, Breda, cities, Co-Creation, CommuniCity, Communities, EU, EU-funded, Helsinki, Horizon Europe, Learning Labs, marginalised communities, Porto, Prague, Smart Cities, Social Challenges, Tallinn, Urbanism, Vulnerable Communities
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is extending a €4.6 million loan to the city of Balti in Moldova to support the enhancement of public transport and street lighting infrastructure. This investment, totaling €7 million, will … Read the full press release
Posted in Banks, Business, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Transportation & Logistics, United Kingdom
Tagged Bălți, Catarina Bjorlin Hansen, E5P, EBRD, EU, investment, MOLDOVA, Nicolai Grigorisin, partnership, public transport, street lighting, sustainability
(IN BRIEF) Compagnie Financière Africaine (COFINA) in Côte d’Ivoire and Senegal, in collaboration with the European Investment Bank (EIB) and European Commission support, have signed a memorandum of understanding to promote the development of sustainable agricultural value chains. This agreement … Read the full press release
Posted in Agriculture, Banks, Business, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged agricultural, Alassane Dia, Ambroise Fayolle, Amed Sié Touré, COFINA, Cote d’Ivoire, EIB, Francesca Di Mauro, Jean-Marc Pisani, partnership, Senegal, sustainability
(IN BRIEF) Peru’s cocoa industry, experiencing rapid growth in exports, faces the challenge of complying with new European Union regulations aimed at reducing deforestation in agricultural commodities. Solidaridad, in collaboration with partner organizations and the Peruvian government, is coordinating efforts … Read the full press release
(IN BRIEF) President Hoyer of the European Investment Bank (EIB) expressed heartfelt condolences and solidarity with Morocco following a powerful earthquake near Marrakech with a magnitude of 6.8. In a letter to King Mohammed VI, he offered assistance in rebuilding … Read the full press release
Posted in Banks, Business, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Luxembourg, Management, News
Tagged condolences, earthquake, EIB, financial support, Marrakech, Mohammed VI, MOROCCO, President Hoyer
(IN BRIEF) The University of East Anglia (UEA) welcomes the United Kingdom’s decision to rejoin the Horizon Europe research programme, a significant move given the programme’s £80 billion budget and global prominence in research and innovation funding. UEA emphasizes the … Read the full press release
Posted in Education, European Union, Financial, Science, Technology, United Kingdom
Tagged EU research programme, funding, Horizon Europe, RESEARCH, The University of East Anglia
(IN BRIEF) Remediation work at legacy uranium mining sites in Uzbekistan is being funded by a €9 million grant from the Environmental Remediation Account for Central Asia (ERA), established by the European Union (EU) and managed by the European Bank … Read the full press release
Posted in Banks, Business, European Union, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, United Kingdom
Tagged EBRD, EU, Remediation Project, Tashkent, Uranium Mining Sites, Uzbekistan
(IN BRIEF) Over 200 European industry leaders convened at the ENTSO-E High-Level Forum on Future of Our Grids in Brussels to discuss the challenges and opportunities for accelerating the development of electricity grids necessary for Europe’s energy transition. The forum, … Read the full press release
(IN BRIEF) The College of Eurojust has appointed Vincent Jamin as the new Administrative Director of the agency. Jamin, a French prosecutor with 25 years of experience in criminal justice, has held various positions at Eurojust since 2010, including heading … Read the full press release
Posted in Business, European Union, Industrial, Law, Management, Netherlands, News
Tagged Administrative Director, appointment, Eurojust, leadership, Mr Ladislav Hamran, Vincent Jamin
(IN BRIEF) An international team of researchers has released a scientific paper through the IDAlert project, published in The Lancet Regional Health – Europe journal on August 7, 2023. Titled “Decision-Support Tools to Build Climate Resilience Against Emerging Infectious Diseases … Read the full press release
Posted in Environment, European Union, Healthcare, News, Pharma & Biotech, Science, Society
Tagged climate change, climate-driven health risks, climate-sensitive infectious diseases, Emerging Infectious Diseases, Horizon Europe, IDAlert project, infectious disease, Joacim Rocklöv, Lancet Regional Health Journal, one health, zoonosis
(IN BRIEF) The European Investment Bank (EIB) is set to join the 2023 Finance in Common Summit in Cartagena, Colombia, from September 4th to 6th. Key highlights include President Werner Hoyer’s address on Sustainable Development Goals, unveiling the EIB Climate … Read the full press release
(IN BRIEF) The European Union Commission has given the green light for the use of the adapted Comirnaty XBB.1.5 COVID-19 vaccine, developed by BioNTech-Pfizer, in Member States’ upcoming fall vaccination campaigns. This marks the third adaptation of the Comirnaty vaccine … Read the full press release
(IN BRIEF) Pfizer and BioNTech have received a recommendation for marketing authorization from the European Medicines Agency’s Committee for Medicinal Products for Human Use (CHMP) for their Omicron XBB.1.5-adapted monovalent COVID-19 vaccine. The recommendation includes the administration of a single … Read the full press release
Posted in Business, European Union, Germany, Government, Healthcare, Industrial, Management, Marketing, News, Pharma & Biotech, Science
Tagged Albert Bourla, BioNTech, Comirnaty, COVID-19 vaccine, EMA, Omicron XBB.1.5-Adapted, Pfizer, Prof. Ugur Sahin, Tozinameran
(IN BRIEF) A global operation led by the US has successfully taken down the ‘Qakbot’ malware network that infected 700,000 computers and caused massive financial damage. Collaborating with countries like France, Germany, and the UK, the initiative disrupted cybercrime. Eurojust … Read the full press release
Posted in European Union, Government, Internet & Online, Netherlands, Security & Safety, Technology
Tagged botnet, cryptocurrency, Cybercrime, Eurojust, EUROPOL, malware, Pinkslipbot, Qakbot, Qbot, ransomware, seizure
(IN BRIEF) EMA proposes Comirnaty Omicron XBB.1.5 vaccine for ages 6 months+, tailored to combat Omicron XBB.1.5 variant. One dose suffices for ages 5+, while kids 6 months to 4 years may need 1 or 3 doses based on prior … Read the full press release
(IN BRIEF) Security researchers at ESET have discovered an ongoing phishing campaign that targets users of the Zimbra Collaboration software platform. This campaign, active since April 2023, aims to collect user credentials by sending emails with phishing pages in attached … Read the full press release
Posted in Business, European Union, Industrial, Internet & Online, Management, News, Security & Safety, Slovakia, Technology
Tagged Credentials, Ecuador, ESET, France, Italy, Phishing Campaign, Poland, the Netherlands, UKRAINE, Viktor Šperka, Zimbra Collaboration Users
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has approved a €15 million loan to Alba Iulia, Romania, to revitalize the city’s public transport infrastructure. The project, co-financed by the European Union, aims to transform over 15 km … Read the full press release
Posted in Banks, European Union, Financial, Industrial, Infrastructure & Utilities, Romania, Transportation & Logistics
Tagged Alba Iulia, bike lanes, bus lanes, EBRD, electric vehicle charging stations, European Union, Gabriel Plesa, Green Cities programme, intelligent traffic management, loan, public lighting, public transport infrastructure, Romania, safety systems, urban transport network
(IN BRIEF) The European Investment Bank (EIB) and UniCredit’s HypoVereinsbank are jointly providing credit lines exceeding €2 billion to support Deutsche Bahn in acquiring 90 new trains for the Munich S-Bahn. The financing is channeled through Bayerische Eisenbahngesellschaft (BEG) on … Read the full press release
Posted in Banks, European Union, Financial, Germany, Industrial, Infrastructure & Utilities, Transportation & Logistics
Tagged Ambroise Fayolle, Bayerische Eisenbahngesellschaft, Christian Reusch, Deutsche Bahn, EIB, HypoVereinsbank, Jan Kupfer, LHI Leasing GmbH, Munich S-Bahn, Siemens Mobility, special purpose vehicles, SPVs, Stefan Wildgruber, The European Investment Bank, trains, UNICREDIT
(IN BRIEF) The EIB Group, comprised of the European Investment Bank (EIB) and European Investment Fund (EIF), has invested €360 million in a new asset-backed securities (ABS) issuance with Banco Santander. The investment will support working capital and liquidity needs … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, European Union, Financial, Industrial, Infrastructure & Utilities, Small Business, Spain, Technology
Tagged ABS issuance, asset-backed securities, Banco Santander. This investment, EIB, EIF, European Investment Bank, European Investment Fund, Green Projects, Marjut Falkstedt, Ricardo Mourinho Félix, Santander Consumo 5 securitisation fund, SMEs, The EIB Group
(IN BRIEF) European Investment Bank (EIB), Cassa Depositi e Prestiti (CDP), UniCredit, SACE, and Società Italiana per il Traforo Autostradale del Frejus S.p.A (SITAF) have agreed to provide €247 million for the modernization and safety improvement of the A32 motorway … Read the full press release
Posted in Banks, European Union, Financial, Industrial, Infrastructure & Utilities, Italy, Transportation & Logistics
Tagged A32, A32 motorway, Alessandra Ricci, ASTM Group, bridges, Cassa Depositi e Prestiti, CDP, Claudio Vezzosi, EIB, Frejus tunnel, Gelsomina Vigliotti, Massimiliano Mastalia, Massimo Di Carlo, road safety, SACE, SITAF, Società Italiana per il Traforo Autostradale del Frejus S.p.A, T4, TEN-T, The European Investment Bank, tunnels, UNICREDIT, viaducts
(IN BRIEF) The first 5.5 km section of the Niš-Merdare highway, also known as the “Peace Highway,” was inaugurated in Serbia. The project, a flagship under the Economic and Investment Plan, aims to halve travel time between Niš and Merdare, … Read the full press release
Posted in Banks, Business, Economy, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged 'Peace Highway', Aleksandar Vučić, EBRD, EIB, Emanuele Giaufret, European Union, Lilyana Pavlova, Merdare, Niš, partnership, SERBIA, Serbian government, Ursula von der Leyen
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has appointed Catarina Bjorlin Hansen as the new Head of Moldova, effective from 1st September 2023. In her new role, Ms. Bjorlin Hansen will lead the EBRD’s operations in Moldova, … Read the full press release
Posted in Banks, Business, European Union, Investment, Management, News, United Kingdom
Tagged Angela Sax, appointment, Catarina Bjorlin Hansen, EBRD, EU Ties, Head of Moldova, investment, leadership
(IN BRIEF) The Joint Initiative on Circular Economy (JICE), led by the European Union’s largest public promotional banks and institutions, has decided to extend its efforts beyond the original time frame of 2023. Launched in 2019, JICE aims to provide … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Investment, Luxembourg, Management, News, United Kingdom
Tagged Beata Daszyńska-Muzyczka, Dario Scannapieco, Dr. Werner Hoyer, Eric Lombard, Joint Initiative on Circular Economy (JICE), José Carlos García de Quevedo, partnership, Stefan Wintels, sustainability, Sustainable Projects EIB
(IN BRIEF) The European Anti-Fraud Office (OLAF) collaborated with Romanian authorities in an operation aimed at combating the illicit traffic of toxic products in Tulcea County, Romania. The joint effort resulted in the seizure of 353 liters of insecticide valued … Read the full press release
(IN BRIEF) The Euro-Latin American Parliamentary Assembly (EuroLat) is set to hold its fifteenth meeting in Madrid from 24th to 27th July. The gathering will bring together 75 Members of the European Parliament (MEPs) and 75 representatives from Latin American … Read the full press release
Posted in Education, Environment, European Union, Healthcare, International Trade, Politics, Society, Spain
Tagged access to water, Amado Cerrud, Ander Gil, Caribbean, CELAC, COVID-19, digital platform regulation, EuroLat, H.M. King Felipe VI, hate speech, Javi López, José Manuel Albares, Latin America, Meritxell Batet, Organized Crime, Óscar Darío Pérez, Parlacen, Parlandino, Parlasur, Parlatino, Pedro Sánchez, trade negotiations
(IN BRIEF) Approximately 42 million people in the European Union (EU) are unable to afford proper heating for their homes, according to the European Economic and Social Committee (EESC). The EESC emphasized the need for the EU to take decisive … Read the full press release
Posted in Energy, Gas & Oil, European Union, Politics, Society, Transportation & Logistics
Tagged Andrés Barceló Delgado, Baiba Miltoviča, controlling inflation, EESC, energy efficiency, energy poverty, energy-saving initiatives, EU, heating, reforming the electricity market, sustainable energy supply, transportation policies
(IN BRIEF) The Energy Committee has backed reforms to create a more affordable and consumer-friendly electricity market. The proposed changes aim to enhance consumer protection against volatile prices, encourage energy investments, and provide safeguards for vulnerable households. The amendments include … Read the full press release
(IN BRIEF) The European Parliament’s Industry, Research and Energy Committee has approved the Cyber Resilience Act, a legislation aimed at enhancing the security of digital products within the European Union. The act establishes uniform cybersecurity requirements for products with digital … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has committed up to $40 million to Acre Impact Capital’s Export Finance Fund I, which aims to accelerate climate infrastructure investment in Africa. The fund focuses on investing in the commercial debt tranches … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, European Union, International Trade, Investment, Transportation & Logistics
Tagged Acre Impact Capital, Africa, climate infrastructure, commercial debt, EIB, EIB Global, export credit, food and water scarcity, green transport, health, Hussein Sefian, renewable power, sustainable cities, The Export Finance Fund I, The Rockefeller Foundation, Thomas Östros, USAID
(IN BRIEF) The European Investment Bank (EIB) Global and the Development Bank of North Macedonia (DBNM) have joined forces to unlock €100 million of EU investment aimed at promoting the green transformation of small and medium-sized enterprises (SMEs) in North … Read the full press release
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