Category Archives: Economy

Economy Press Releases & News distributed via EuropaWire

Natixis Appoints Anne Sabot as CFO, Effective June 2025

(IN BRIEF) Anne Sabot has been appointed CFO of Natixis Corporate & Investment Banking, effective June 1, 2025. With extensive experience within Groupe BPCE, she will join both the Natixis Senior Management Committee and the BPCE Executive Committee. She succeeds … Read the full press release

FTSE Russell and JPX Enhance Blossom Japan Indices with Alignment to TOPIX for ESG Integration

(IN BRIEF) FTSE Russell and JPX Market Innovation & Research Inc. have announced a collaboration to align the FTSE Blossom Japan Index and the FTSE Blossom Japan Sector Relative Index with the Tokyo Stock Price Index (TOPIX). This move, driven … Read the full press release

EU Report Urges Enhanced Insurance and Climate Adaptation to Mitigate €28 Billion Annual Losses in Agriculture

(IN BRIEF) The EIB and European Commission’s report reveals that the EU agricultural sector faces annual losses of more than €28 billion due to adverse weather, with potential increases of up to 66% by 2050 due to climate change. The … Read the full press release

Castel Mimi Winery in Moldova Receives €1.24 Million Investment for Sustainable Growth and Wellness Centre Development

(IN BRIEF) The EBRD, EU, and maib have partnered to fund Castel Mimi’s expansion in Moldova, providing a €1.24 million loan to build a wellness centre at its award-winning wine resort. This investment supports sustainable development in Moldova’s wine tourism … Read the full press release

EBRD Invests €76 Million in VGP’s Green Bonds to Enhance Sustainable Logistics Infrastructure in Central and Southeastern Europe

(IN BRIEF) The EBRD has invested €76 million in VGP’s green bond programme, aimed at supporting the development and acquisition of sustainable logistics and industrial parks in Central and Southeastern Europe. The funding will help expand the availability of high-quality, … Read the full press release

Lloyds: Software Services and Real Estate Drive UK Sector Growth, Despite Broader Output Slowdown

(IN BRIEF) In April 2025, the UK Sector Tracker report revealed that only two sectors (software services and real estate) showed output growth, a slight dip from March but an improvement from January. Despite this, overall output growth expectations softened … Read the full press release

NIB and Celltechna Collaborate on First Baltics Gene Therapy Centre to Boost Life Sciences Innovation

(IN BRIEF) NIB has financed the Gene Therapy Centre in Lithuania, a groundbreaking facility advancing gene therapy research and manufacturing. Opened in September, it is a critical part of Lithuania’s life sciences sector, contributing to the country’s goal of growing … Read the full press release

Snam Unveils Employee Stock Ownership Plan to Enhance Engagement and Shareholder Participation

(IN BRIEF) Snam has launched “Noi Snam”, its first employee stock ownership plan, designed to engage employees and foster a sense of belonging. The plan will be available to all employees, with benefits such as matching shares and loyalty shares. … Read the full press release

Aviva Urges Homeowners to Create Flood-Resilient Gardens as Chelsea Flower Show 2025 Unveils British Rainforest Garden

(IN BRIEF) As part of its commitment to sustainability, Aviva encourages homeowners to consider climate-resilient materials for their gardens, particularly in light of the risks associated with impermeable surfaces like artificial grass. Research commissioned by Aviva shows that many homeowners … Read the full press release

EIF and BNP Paribas Leasing Solutions Sign Landmark €200 Million InvestEU Guarantee to Support SMEs in Sustainability Transition

(IN BRIEF) The EIF and BNP Paribas Leasing Solutions have signed a landmark agreement to provide a €200 million portfolio guarantee, aimed at enhancing access to business asset leasing solutions for SMEs and small mid-caps across France, Germany, Italy, and … Read the full press release

EIB Launches Greening Financial Systems Programme to Strengthen Ethiopia’s Financial Sector Against Climate Change

(IN BRIEF) The EIB has launched the Greening Financial Systems (GFS) Programme in Ethiopia, aimed at enhancing the resilience of the country’s financial sector to climate risks. This initiative, supported by Germany’s International Climate Initiative, will help the National Bank … Read the full press release

Vienna Insurance Group Submits Bid to Acquire Majority Stake in Moldova’s Leading Non-Life Insurer MOLDASIG

(IN BRIEF) Vienna Insurance Group (VIG) has submitted a bid to acquire 80% of MOLDASIG S.A., one of Moldova’s leading non-life insurance companies, as part of a multi-stage process initiated by the Moldovan government. With a market share of approximately … Read the full press release

Standard Chartered Reports Projected 36% Growth in Global Islamic Finance Assets by 2028

(IN BRIEF) Standard Chartered has released a new report, Islamic Banking for Financial Institutions: Unlocking Growth Amidst Global Shifts, forecasting that global Islamic finance assets will grow to USD7.5 trillion by 2028. The report reveals significant growth in Islamic finance, … Read the full press release

SIX Announces Successful CHF 250 Million Digital Bond Issuance to Fund Strategic Initiatives and Strengthen Financial Position

(IN BRIEF) SIX has successfully issued a CHF 250 million digital bond with a 1.00% coupon and maturity in 2032, demonstrating strong investor demand. The bond’s proceeds will help strengthen SIX’s financial flexibility, support its growth strategy, and potentially fund … Read the full press release

VIVID Secures £50 Million Loan from Barclays to Retrofit Over 2,000 Homes Backed by National Wealth Fund’s Guarantee Scheme

(IN BRIEF) VIVID has secured a £50 million loan from Barclays, the largest loan available under the National Wealth Fund’s (NWF) £1.3 billion social housing retrofit guarantee scheme. This will support the retrofit of over 2,000 homes, improving energy efficiency … Read the full press release

LCH SA Launches New Clearing Service for Digital Asset Derivatives on GFO-X to Enhance Bitcoin Futures and Options Trading

(IN BRIEF) LCH SA has launched its LCH DigitalAssetClear service, offering clearing for cash-settled Bitcoin index futures and options traded on GFO-X, the UK’s first FCA-regulated digital asset derivatives MTF. This new service aims to provide a secure and regulated … Read the full press release

CPRAM and BFT Investment Managers Announce Merger to Create France’s 10th Largest Asset Management Firm with €100 Billion in Assets Under Management

(IN BRIEF) CPRAM and BFT Investment Managers are merging to create one of France’s largest asset management companies with €100 billion in assets under management. The merger will combine CPRAM’s expertise in thematic and quantitative management with BFT IM’s leadership … Read the full press release

EIB Sets Record Support for Circular Economy at WCEF 2025

(IN BRIEF) The European Investment Bank (EIB) is actively participating in the World Circular Economy Forum (WCEF) 2025 in São Paulo, Brazil, sharing its long-standing commitment to financing circular economy projects. With over €5.1 billion lent to circular economy projects … Read the full press release

Generali Appoints New Board Committees and Reviews Mediobanca’s Exchange Offer on Banca Generali Shares

(IN BRIEF) Generali’s Board of Directors has established the Board Committees, appointed their members, and reviewed the public voluntary exchange offer from Mediobanca regarding Banca Generali’s shares. Additionally, the Board has appointed the new administrative body for The Generali Human … Read the full press release

Allianz Group and Allianz Turkey Invest Over €2 Million in New Dormitory Project to Empower Girls Through Education

(IN BRIEF) Allianz Group and Allianz Turkey have invested over €2 million in a new dormitory project in collaboration with the Koruncuk Foundation. Located in Istanbul, the dormitory will provide a safe and nurturing environment for girls in need, offering … Read the full press release