Category Archives: Economy

Economy Press Releases & News distributed via EuropaWire

Crédit Agricole Advances Strategic Stake in Banco BPM to 19.8% Amid Long-Term Investment Plans

Posted on 2, April 2025 by

(IN BRIEF) Crédit Agricole S.A. has announced that it has been authorized by the European Central Bank to exceed a 10% stake in Banco BPM S.p.A., allowing it to hold up to 19.9% of the bank’s share capital under the … Read the full press release →

Posted in Banks, Business, Economy, Financial, France, Government, Industrial, Investment, Italy, Management, News

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EIB Grants €2M for Digital Transformation in Montenegro’s Schools

Posted on 2, April 2025 by

(IN BRIEF) The EIB, through its Economic Resilience Initiative Fund, has granted €2 million to purchase digital equipment for schools under the Montenegro Education Programme. This funding, part of a broader €29 million investment by EIB Global in Montenegrin education, … Read the full press release →

Posted in Banks, Business, Economy, Education, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, Montenegro, News, Technology

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Amundi and Victory Capital Forge Strategic Partnership to Expand US Investment Platform

Posted on 2, April 2025 by

(IN BRIEF) Amundi and Victory Capital have closed their transaction, combining Amundi US with Victory Capital—now managing nearly $300 billion in assets—and establishing a strategic partnership. Amundi has acquired a 21.2% equity stake in Victory Capital, with expectations to increase … Read the full press release →

Posted in Banks, Business, Economy, Financial, France, Industrial, Investment, Management, News

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Green Financing Fuels Next-Gen Eco-Friendly Container Vessels for Sustainable Shipping

Posted on 2, April 2025 by

(IN BRIEF) KfW IPEX-Bank has provided EUR 35 million in financing for the construction of two environmentally friendly, 1,200 TEU container feeder ships for Langh Ship, a Finnish shipping company. The ships are equipped with a highly efficient two-stroke, slow-speed … Read the full press release →

Posted in Banks, Business, Economy, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology, Transportation & Logistics, United Kingdom

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

Posted on 2, April 2025 by

(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 →

Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, United Kingdom

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

Posted on 1, April 2025 by

(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 →

Posted in Banks, Business, Construction, Economy, Education, Financial, Government, Greece, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology

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

Posted on 1, April 2025 by

(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 →

Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology, Ukraine

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

Posted on 1, April 2025 by

(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 →

Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Germany, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Technology

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

Posted on 1, April 2025 by

(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 →

Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Spain, Technology

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Swedbank Taps New Leader for Baltic Market Expansion

Posted on 1, April 2025 by

(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 →

Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Sweden, Technology

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

Posted on 1, April 2025 by

(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 →

Posted in Banks, Business, Economy, Financial, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Portugal, Security & Safety, Technology

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

Posted on 31, March 2025 by

(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 →

Posted in Awards, Banks, Business, Croatia, Economy, Financial, Industrial, Investment, Management, News, Romania

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

Posted on 17, March 2025 by

(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 →

Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, Netherlands, News

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

Posted on 13, March 2025 by

(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 →

Posted in Banks, Bulgaria, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Technology

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

Posted on 12, March 2025 by

(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 →

Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology, Ukraine

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

Posted on 7, March 2025 by

(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 →

Posted in Banks, Business, Croatia, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Technology

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

Posted on 7, March 2025 by

(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 →

Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Latvia, Luxembourg, Management, News, Technology

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

Posted on 7, March 2025 by

(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 →

Posted in Banks, Belgium, Business, Economy, Financial, Government, Industrial, Investment, Italy, Management, News, Poland, Technology

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MAPFRE RE Partners with CyberCube to Boost Cyber Risk Management Capabilities

Posted on 7, March 2025 by

(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 →

Posted in Banks, Business, Economy, Financial, Government, Industrial, Insurance, Investment, Management, News, Spain, Technology

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

Posted on 6, March 2025 by

(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 →

Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Society

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