Category Archives: Economy

Economy Press Releases & News distributed via EuropaWire

Transforming Social Housing: £400 Million Backing to Accelerate Energy Efficiency Upgrades

(IN BRIEF) The National Wealth Fund has announced a significant financial guarantee of up to £400 million to support a series of new loans provided by NatWest Group for retrofitting social housing in the UK. The objective of this initiative … Read the full press release

Transforming University Campuses: €95 Million Boost for Green Student Housing and Modern Academic Facilities

(IN BRIEF) The University of Crete is set to undergo a significant expansion and upgrade of its student housing and academic facilities through a €95 million financing deal from the European Investment Bank (EIB), under a pioneering Public-Private Partnership with … Read the full press release

Revitalizing Ukraine’s Rail Links: €50 Million Boost for Cross-Border Connectivity

(IN BRIEF) Ukraine is set to upgrade its border rail infrastructure with neighboring EU countries, boosting both freight and passenger transport while reinforcing its role as a transport hub. This project includes comprehensive improvements such as track repairs, relocation of … Read the full press release

Banking Alliance Paves the Way for a Robust EU Clean Energy Future

(IN BRIEF) NORD/LB and the EIB have launched a significant financing partnership to boost the transition to clean energy within the European Union. The collaboration will fund new small and medium-sized renewable energy projects, with targeted investments in photovoltaic systems, … Read the full press release

CNMV Chairman Carlos San Basilio Joins OECD Bureau to Advance Global Corporate Governance

(IN BRIEF) The OECD Corporate Governance Committee, with Carlos San Basilio, CNMV Chairman, newly appointed to its Bureau, is dedicated to improving economic efficiency, sustainability, and financial stability through enhanced corporate governance policies and practices. It coordinates the Organisation’s efforts … Read the full press release

Swedbank Taps New Leader for Baltic Market Expansion

(IN BRIEF) Swedbank has officially named Olof Sundblad as the permanent Head of Baltic Banking, elevating him from his acting role since October 2024. In this new capacity, he will remain a member of the Group Executive Committee. Sundblad’s appointment … Read the full press release

Luxembourg Future Fund Drives Tech Innovation with Strategic Investment in 33N Ventures

(IN BRIEF) The Luxembourg Future Fund (LFF2), a partnership between SNCI and the EIF, has invested in 33N Ventures, a leading venture capital fund that specializes in cybersecurity and infrastructure software. This investment is designed to boost 33N’s ability to … Read the full press release

Erste Private Banking Dominates Euromoney Awards with Six Distinctions Across Central and Eastern Europe

(IN BRIEF) Erste Private Banking has been honored with six best-in-class awards by Euromoney, highlighting its exceptional performance across multiple regions. In Austria, the bank was recognized as the “Best Private Bank,” “Best for High-Net-Worth” clients, and “Best for Discretionary … Read the full press release

Record Surge: Dutch Portfolio Investments Near €3,500 Billion in 2025

(IN BRIEF) De Nederlandsche Bank’s latest report reveals that Dutch portfolio investments have reached nearly €3,500 billion in 2025, showcasing robust growth driven by a diversified mix of assets such as equities and bonds. The report attributes this surge to … Read the full press release

Bulgaria’s Postbank Secures €75 Million EIB Guarantee to Bolster Mid-Sized Business Lending

(IN BRIEF) Bulgaria-based Postbank, a subsidiary of Eurobank Group, has secured a €75 million guarantee from the European Investment Bank to facilitate up to €150 million in additional loans for mid-sized companies. This risk-sharing agreement offers preferential financing terms, such … Read the full press release

Norway Fuels Ukraine’s Green Rebuild with NOK 180 Million Investment in Energy-Efficiency Projects

(IN BRIEF) Norway has allocated NOK 180 million (around EUR 16 million) through Nefco to drive Ukraine’s green recovery and reconstruction efforts by funding energy-efficiency projects that renovate schools, hospitals, and wastewater facilities, as well as by installing solar energy … Read the full press release

EIB Group Bolsters Croatian Business Financing with €132 Million Guarantee Package

(IN BRIEF) The EIB Group has provided a €132 million guarantee package to Croatia-based Erste&Steiermärkische Bank d.d. to expand its lending to Croatian Mid-Caps, micro-entrepreneurs, and social enterprises. The package includes a €100 million guarantee from the EIB and €32 … Read the full press release

EIB Boosts Latvia’s Grid Modernization with €200 Million Loan for Renewable Energy Integration

(IN BRIEF) The European Investment Bank has approved a €200 million loan to Latvenergo AS to upgrade Latvia’s electricity distribution network, enhancing reliability for nearly 1.9 million customers while integrating digital innovations and renewable energy sources. Scheduled for completion by … Read the full press release

UniCredit Boosts Digital Ambitions with €376 Million Acquisition of Aion Bank and Vodeno

(IN BRIEF) UniCredit has acquired 100% of Aion Bank and Vodeno for €376 million, marking a significant milestone in its Unlocked strategy to boost digital banking. This acquisition provides the bank with an advanced, cloud-based core banking platform that features … Read the full press release

MAPFRE RE Partners with CyberCube to Boost Cyber Risk Management Capabilities

(IN BRIEF) MAPFRE RE has signed a three-year licensing deal with CyberCube to integrate its advanced cyber risk management tools, including a cyber accumulation solution, into its operations. This strategic partnership aims to enhance MAPFRE RE’s ability to assess and … Read the full press release

EIB Expands Sustainability Awareness Bond Framework to Promote Gender Equality and Women’s Empowerment

(IN BRIEF) The European Investment Bank has extended its Sustainability Awareness Bond framework to include gender equality and women’s economic empowerment, aiming to fund global projects that advance women’s access to finance, entrepreneurship, and gender equality. This initiative highlights the … Read the full press release

INERATEC Secures €70 Million in Funding to Scale Up Sustainable e-Fuel Production for Aviation and Beyond

(IN BRIEF) INERATEC secures €40 million in venture debt from the European Investment Bank and €30 million in grants from Breakthrough Energy Catalyst to expand its e-Fuel production capacity. The funding supports the development of Europe’s largest sustainable e-Fuel plant … Read the full press release

EIB Group Forum: President Calviño Unveils Bold Security and Innovation Investment Strategy

(IN BRIEF) The EIB Group Forum in Luxembourg gathered senior policymakers, business leaders, academics, and civil society representatives to discuss strategies for ensuring Europe’s prosperity, security, and global cooperation. President Nadia Calviño highlighted that every euro invested by the EIB … Read the full press release

EIB Launches €150 Million Initiative to Empower Women Entrepreneurs in Spain’s Pharmacy Sector

(IN BRIEF) The European Investment Bank has committed €150 million to a pioneering financing initiative exclusively supporting women entrepreneurs in Spain’s pharmacy sector. The investment, delivered through a covered bond issued by CBNK—a bank formed by the merger of Banco … Read the full press release

European Investment Bank and Commission Launch Pioneering Gender Finance Lab to Boost Funding for Women Entrepreneurs

(IN BRIEF) The European Investment Bank and the European Commission have launched the first-ever Gender Finance Lab for commercial banks under the InvestEU Advisory Hub, aiming to enhance financial access for women-led and women-owned SMEs across Europe. This innovative masterclass … Read the full press release