Category Archives: Economy

Economy Press Releases & News distributed via EuropaWire

From Sialkot to Birmingham: The Hidden Architecture of Transnational Criminal Networks

(IN BRIEF) The text argues that Pakistani-linked drug trafficking networks operating in the UK are not a recent development but the modern continuation of long-standing clandestine trade systems rooted in South Asia, which have evolved from historic courier routes into … Read the full press release

Tallinna Vesi Secures EUR 25 Million NIB Financing to Modernise Estonia’s Wastewater Networks and Enhance Treatment Performance

(IN BRIEF) NIB has provided a EUR 25 million loan to AS Tallinna Vesi to extend and expand the city’s wastewater infrastructure upgrade programme through 2026. The investment will renovate around 18 kilometres of ageing wastewater pipelines, modernize treatment plant … Read the full press release

VIG Strengthens Market Position as IFC Invests in Ukrainian Non-Life Insurance Subsidiaries

(IN BRIEF) Vienna Insurance Group is strengthening its Ukrainian operations as the International Finance Corporation prepares to acquire around 20% of VIG’s non-life insurers USG and Kniazha through a capital increase. The partnership aims to expand product offerings, boost digitalisation … Read the full press release

Allianz Climate Risk Award names Cardiff researcher as 2025 winner as programme expands to trade-related climate studies

(IN BRIEF) Allianz Re celebrated the ninth Allianz Climate Risk Award on December 2, 2025, recognising outstanding academic research addressing climate-related risks. The 2025 winner, Diego Altafini of Cardiff University, was honoured for research advancing flood-impact analysis for climate adaptation. … Read the full press release

When the World Looks to Taiwan, India Redraws the Map of the Yellow Sea

(IN BRIEF) China is steadily building a “Pax Sinica” in the Indo-Pacific through its aggressive maritime expansion, economic leverage, and coercive actions — especially toward Taiwan — while the world remains fixated on the Taiwan Strait. Yet India is emerging … Read the full press release

Leadership Change at SIX with André Helfenstein to Assume Chairmanship After Thomas Wellauer

(IN BRIEF) SIX has named André Helfenstein as its next Chairman, taking over from Thomas Wellauer on 1 January 2026. Wellauer, who has served as Chairman since 2020, will continue as a Board member until the 2026 Annual General Meeting … Read the full press release

SIX Swiss Exchange expands active ETF offering as Columbia Threadneedle lists multicurrency equity funds for European and U.S. markets

(IN BRIEF) SIX Swiss Exchange has added Columbia Threadneedle Investments as its newest ETF issuer, marking the launch of two actively managed equity ETFs with multicurrency trading options. The funds provide long-term exposure to European and U.S. equities, committing at … Read the full press release

Finnvera joins EIF shareholder structure to support SME growth, private investment and innovation across Finland

(IN BRIEF) Finnvera has become a shareholder of the European Investment Fund, giving Finland direct representation in EU-level decision-making for SME financing and strengthening national access to European funding. The EIF provided €606 million to SMEs in Finland during 2024, … Read the full press release

“In Pursuit of Pakistan’s Lost Democracy”

(IN BRIEF) Pakistan’s 27th Constitutional Amendment marks a major shift away from democracy by transferring key judicial powers from the Supreme Court to a new executive-controlled Federal Constitutional Court, giving the Prime Minister authority over judicial appointments, and expanding military … Read the full press release

Generali Completes Integration of Liberty Seguros, Strengthening Leadership in European Insurance Markets

(IN BRIEF) Generali has completed the legal and operational integration of Liberty Seguros into its Spanish and Portuguese operations, marking the largest M&A deal for the company in the last decade. The combined entity in Spain now operates as Generali … Read the full press release

New Trilateral Programme to Explore Interoperable Systems for Atomic FX Payment versus Payment Settlement

(IN BRIEF) The Bank of England, the Monetary Authority of Singapore, and the Bank of Thailand have announced a collaborative programme to assess how synchronised settlement mechanisms could improve the way cross-border FX transactions are completed. The initiative builds on … Read the full press release

Economic Diplomacy or Political Coercion? China’s Fine Line

(IN BRIEF) China’s growing use of economic leverage, political strategy, and military maneuvers is reshaping global power dynamics and testing the resilience of international cooperation. Recent tensions peaked when Beijing eased export restrictions on Nexperia microchips after Dutch authorities seized … Read the full press release

IFC and Crédit Agricole CIB partner on $2 billion risk transfer deal to boost trade finance in emerging markets

(IN BRIEF) The International Finance Corporation (IFC) and Crédit Agricole CIB have finalized a $2 billion Significant Risk Transfer (SRT) deal, backed by a $95 million financial guarantee from IFC, to unlock new trade finance commitments for emerging markets. The … Read the full press release

Crédit Agricole Leasing & Factoring Strengthens Leadership with Appointment of Chantal Debost as Chairwoman

(IN BRIEF) Crédit Agricole Leasing & Factoring has appointed Chantal Debost as its new Chairwoman, succeeding Jean-Jacques Calcat, who served in the role since 2018. The appointment, effective immediately following the Board meeting on 28 October 2025, reflects CAL&F’s commitment … Read the full press release

Kemira Secures NIB Financing to Accelerate Industrial-Scale Biomaterials Production with IFF Partnership

(IN BRIEF) The Nordic Investment Bank (NIB) has approved a EUR 50 million, 10-year loan to Kemira for constructing a new biomaterials production facility in Finland. The project, jointly developed with International Flavors & Fragrances (IFF), will produce bio-based alpha-glucans … Read the full press release

SIX Extends Strategic Partnership with Barclays to Deliver Smarter Data Solutions Across Global Operations

(IN BRIEF) SIX and Barclays have entered into a seven-year global partnership to accelerate the bank’s international growth and enhance cost efficiency. The collaboration will give Barclays access to SIX’s suite of financial data products and allow the bank to … Read the full press release

Tony Hable Named Head of Infrastructure and Project Finance at Lloyds to Drive Innovation Across UK, US, and European Markets

(IN BRIEF) Lloyds Banking Group has appointed Tony Hable as Head of Infrastructure & Project Finance, reflecting its strategic focus on growth and innovation across the UK, USA, and Europe. Reporting to Managing Director James Ranger, Hable will lead the … Read the full press release

LSEG and Microsoft Expand Strategic Partnership to Power Agentic AI and Transform Financial Data Access Through Model Context Protocol

(IN BRIEF) LSEG and Microsoft have deepened their strategic partnership to revolutionize how financial institutions access and utilize LSEG’s licensed financial data within Microsoft’s AI ecosystems. Through a managed Model Context Protocol (MCP) server, customers can securely integrate LSEG’s extensive … Read the full press release

Crédit Agricole CIB and Quandela Advance Quantum-Enhanced Credit Risk Modeling with Photonic Processors

(IN BRIEF) Crédit Agricole CIB and Quandela have revealed the results of their collaboration on developing a hybrid classical-quantum algorithm that improves credit default risk prediction models. Validated for the first time using photonic quantum processors, the solution demonstrates enhanced … Read the full press release

SIX Swiss Exchange Welcomes Schroders as New ETF Issuer, Strengthening Its Active Investment Portfolio

(IN BRIEF) SIX Swiss Exchange has welcomed Schroders as its newest ETF issuer, marking the firm’s expansion into the European active ETF market with the launch of the Schroder ETFs ICAV Global Equity Active UCITS ETF USD ACC. This milestone … Read the full press release