Category Archives: Economy

Economy Press Releases & News distributed via EuropaWire

Wealth investors show strong appetite for transition investing as Standard Chartered study flags education gaps and risk concerns

(IN BRIEF) Standard Chartered’s Sustainable Banking Report 2025 finds that 87% of surveyed high‑net‑worth investors are keen on transition investing, while 83% remain interested in sustainable investing overall. The study—covering 1,600 investors across eight Asian and Middle Eastern markets—shows strongest … Read the full press release

Aviva Launches Upgraded Freight Liability Insurance with Expanded Cover Conditions and Economy Option

(IN BRIEF) Aviva has upgraded its Freight Liability insurance, now live on Acturis E‑Trade and Fast Trade, introducing higher coverage limits, a wider array of carriage conditions (including Logistics UK and BIFA), and a new ‘economy’ cover for lower‑risk goods. … Read the full press release

EIF Commits €75 Million to Serena Infra II for Green Infrastructure Expansion

(IN BRIEF) The EIF has invested €75 million in Serena Infra II—managed by Serena Industrial Partners—with a €250 million target to fund early‑stage sustainable mobility, water, social, digital infrastructure, and energy transition projects across Europe; supported by the EU’s InvestEU programme and … Read the full press release

EBRD Provides €90 Million to ENGIE Romania for 250 MW Renewable Expansion

(IN BRIEF) The EBRD has committed a €90 million loan to ENGIE Romania to fund at least 250 MW of new solar and wind projects by 2028, marking the first joint renewable energy partnership between the two institutions; ENGIE Romania, part of … Read the full press release

Westinghouse‑Led Consortium Completes Decommissioning of Two Bohunice VVER‑440 Reactors

(IN BRIEF) The BIDSF decommissioning project at Bohunice NPP in Slovakia has successfully dismantled two VVER‑440 pressurized water reactors and their supporting systems under a €100 million‑plus contract led by Westinghouse and VUJE; 6,700 tonnes of radioactive structures were safely removed using … Read the full press release

EBRD and Partners Unlock €55 Million for SAHAM Bank’s Green Financing Initiative

(IN BRIEF) The EBRD, supported by the EU, GCF, and Canada through HIPCA, has extended up to €55 million in green financing to SAHAM Bank under Morocco’s Decarbonisation and Climate Resilience programme; this GEFF Plus package—comprising €6.25 million from GCF … Read the full press release

Garanti BBVA Funds Strategic Electricity Infrastructure Upgrades for Uludağ Elektrik in Türkiye’s Marmara Region

(IN BRIEF) Garanti BBVA is financing Uludağ Elektrik Dağıtım A.Ş.’s electricity distribution investments across Türkiye’s Marmara region, covering key provinces such as Bursa, Balıkesir, Çanakkale, and Yalova. Serving four million customers, these investments are vital to enhancing energy security, efficiency, … Read the full press release

OTP banka Wins Best Bank in Slovenia 2025 as OTP Group Continues International Award Streak

IN BRIEF) OTP banka has been named Best Bank in Slovenia 2025 by Euromoney, recognizing its excellence in financial performance, innovation, and sustainability. CEO András Hámori attributed the honor to the dedication of the bank’s team and the trust of … Read the full press release

ABN AMRO Proposes Daniel Hartert for Supervisory Board, Succeeding Arjen Dorland

(IN BRIEF) ABN AMRO has nominated veteran executive Daniel Hartert to its Supervisory Board for a four‑year term, replacing Arjen Dorland. The appointment, subject to European Central Bank approval, will be decided at an EGM on 11 September 2025, with details posted at … Read the full press release

Landmark €500 Million Green Bond Issuance by Electrica Attracts EIB Support and Oversubscribes Tenfold

(IN BRIEF) Electrica has issued Romania’s first corporate green bond, raising €500 million with strong oversubscription—demand was more than ten times the supply. The bond, backed by investors including the EIB, will be listed in Luxembourg and Bucharest. Funds will support … Read the full press release

Lloyds Banking Group Adds £4 Billion to Mortgage Lending for First‑Time Buyers with High Incomes

(IN BRIEF) Lloyds Banking Group is increasing its First Time Buyer Boost by £4 billion, raising the loan‑to‑income cap to 5.5 times earnings to help more high‑LTI first‑time buyers secure mortgages. Since August 2024, the scheme has supported 11,000 new homeowners with over … Read the full press release

EBRD Commits €20 Million to Strengthen MAY Seed’s Recovery and Climate‑Resilient Crop Research

(IN BRIEF) The EBRD has extended a €20 million loan to MAY Seed, Türkiye’s leading private seed producer, to shore up its working capital and fund critical investments after the 2023 earthquakes disrupted its operations. The financing also underpins the company’s research … Read the full press release

BBVA’s ‘Aprendemos Juntos Kids’ Debuts Animated Season 3 on Emotions and Sustainability

(IN BRIEF) BBVA launches Season 3 of ‘Aprendemos Juntos Kids’, its animated children’s series that teaches emotional intelligence and sustainability values. Forty new episodes follow characters Beta, Mario, and a host of allies as they tackle issues like empathy, curiosity, and … Read the full press release

BBVA Taps Walter Rizzi to Lead Italy’s Digital Banking Expansion

(IN BRIEF) BBVA has named Walter Rizzi Head of Digital Banking in Italy, reporting to Murat Kalkan. Rizzi’s background includes senior roles at Banca AideXa—where he led product and customer initiatives—and consultancy work at McKinsey and QuantumBlack on AI and digital projects. … Read the full press release

EIB Provides €385 Million to Indra for State‑of‑the‑Art Defence Technology Hub in Spain

(IN BRIEF) The European Investment Bank has signed a €385 million loan with Spanish technology firm Indra to establish a cutting‑edge R&D centre—Indra Technology Hub—in Torrejón de Ardoz, Madrid. The facility will focus on radar, electronic defence, electro‑optics, command‑and‑control communications, and … Read the full press release

UniCredit Teams Up with Wise to Bring Instant, Low‑Fee International Transfers to Its App

(IN BRIEF) UniCredit has partnered with Wise to embed instant, low‑cost international transfers into its mobile app for Italian customers, starting 21 July 2025. Users can send euros to five key currencies (GBP, CHF, HKD, SGD, INR) with near‑instant delivery and transparent … Read the full press release

Aging SME Owners in Germany Drive a 20‑Point Investment Gap, KfW Study Finds

(IN BRIEF) KfW’s latest SME Panel analysis shows a persistent investment gap between younger and older business owners in Germany: from 2004 to 2023, firms led by under‑40 entrepreneurs reinvested 58 percent on average, compared to 38 percent for over‑60 owners. Driven … Read the full press release

Standard Chartered Becomes First Global G‑SIB to Offer Deliverable Spot Trading in Bitcoin and Ether

(IN BRIEF) Standard Chartered has launched the first deliverable spot trading service for Bitcoin (XBT/USD) and Ether (XET/USD) offered by a global systemically important bank, available through its UK branch. This new platform, fully integrated with the bank’s FX trading … Read the full press release

Spain Joins InvestEU Export Credit Guarantee to Boost Spanish-Ukraine Trade and Reconstruction

(IN BRIEF) Spain has joined nine other EU countries in the InvestEU Ukraine Export Credit Guarantee Facility, signing on via Cesce and ICO/FIEM to support Spanish SMEs and mid-caps exporting machinery, construction materials, technologies, and services to Ukraine. Backed by … Read the full press release

BBVA Research, ABN AMRO and BNP Paribas Fortis Launch Non-Profit Network for Real-Time Economic Insights

(IN BRIEF) BBVA Research, ABN AMRO Bank, and BNP Paribas Fortis’ Prometis Lab have created a non-profit global network that transforms anonymized financial transactions into real-time, granular economic intelligence. Prioritizing openness, transparency, and collaboration, the platform will enable quicker and … Read the full press release