Category Archives: Economy

Economy Press Releases & News distributed via EuropaWire

DEG Strengthens Financial Position and Global Development Role with EUR 2.9 Billion Business Volume in 2025

(IN BRIEF) DEG, part of KfW Group, reported a strong 2025 financial year with a total business volume of EUR 2.9 billion and significant development impact across emerging markets. Its portfolio supported around 3 million jobs and generated EUR 185 … Read the full press release

centrotherm Reports Stable 2025 Financial Performance with Strong Semiconductor Contribution and Improved Liquidity Position

(IN BRIEF) centrotherm international AG delivered a stable and largely in-line financial performance for fiscal year 2025, with revenues reaching EUR 211.1 million and strong contributions from its semiconductor business. Despite a slight decline compared to the previous year, the … Read the full press release

Pakistan’s Mediation Optics and the Limits of Strategic Ambiguity

(IN BRIEF) Pakistan’s potential role as a mediator between the United States and Iran reflects a continuation of its longstanding strategy of maintaining relevance through strategic flexibility rather than a genuine shift in diplomatic influence. While Islamabad is being considered … Read the full press release

Erste Private Banking Strengthens Regional Leadership with Euromoney Awards for Austria and Romania

(IN BRIEF) Erste Private Banking has received two prestigious Euromoney awards, being named “Best Private Bank” in Austria and “Best for Client Service” in Romania, highlighting the strength of Erste Group’s private banking operations. In Austria, the division manages around … Read the full press release

UniCredit Strengthens European Banking Leadership with Multiple Top Rankings in Global Finance 2026 Awards

(IN BRIEF) UniCredit has been recognized as one of Europe’s leading banking groups in Global Finance’s “World’s Best Banks 2026” awards, with UniCredit Bank Austria named “Best Bank in Austria” and additional awards granted in Italy, Bosnia and Herzegovina, Bulgaria, … Read the full press release

EIB Global and Techcombank Launch €200 Million Financing Initiative to Accelerate Green Investment and Energy Transition in Viet Nam

(IN BRIEF) EIB Global and Techcombank have signed a €200 million financing agreement to support green projects in Viet Nam, focusing on renewable energy, energy efficiency, and sustainable transport. Announced at the EU-Vietnam Global Gateway Business and Investment Forum in … Read the full press release

Austria Faces Slower Growth and Elevated Inflation as OeNB Highlights Impact of Energy Prices and Geopolitics

(IN BRIEF) The Oesterreichische Nationalbank’s Interim Outlook for 2026–2028 projects modest economic growth for Austria, with GDP expected to increase by 0.5% in 2026 before gradually rising to around 1% in the following years. While the economy showed early signs … Read the full press release

Euronext Launches Integrated Nord Pool Power Futures Market Strengthening Energy Trading Across Nordic and Baltic Regions

(IN BRIEF) Euronext has launched Euronext Nord Pool Power Futures in the Nordic and Baltic regions, successfully migrating 100 percent of open interest from Nasdaq Clearing to its own clearing system. The new platform enables trading and clearing of power … Read the full press release

NIB Provides EUR 30 Million Financing to Support Snellman Group Production Expansion and Logistics Modernisation in Finland

(IN BRIEF) NIB has provided a EUR 30 million loan to Oy Snellman Ab to support investments in a new pet food factory in Pedersöre and a dispatch logistics centre in Pietarsaari. The projects will replace ageing facilities and are … Read the full press release

Visa Expands European Payment Capabilities with New Intelligent Authorisation Solution Designed for Scalable and Resilient Processing

(IN BRIEF) Visa has launched Visa Intelligent Authorisation in Europe, introducing a new capability designed to help acquirers modernise payment processing through a single API integration. The solution addresses the limitations of legacy authorisation systems by improving approval rates, reducing … Read the full press release

Barclays and Sage Launch Strategic Partnership to Help Small Businesses Save Time and Improve Financial Visibility

(IN BRIEF) Barclays and Sage have announced a strategic partnership aimed at reducing administrative burdens for small and medium-sized businesses by integrating banking and accounting tools. The collaboration addresses a key challenge identified by Sage research, which shows that small … Read the full press release

Visa Acceptance Platform Integrated into Fiserv Infrastructure to Improve Payment Authorisation and Reduce Fraud

(IN BRIEF) Visa and Fiserv have expanded their partnership to introduce the Visa Acceptance Platform within Fiserv’s merchant acquiring and payment processing services across Europe. The collaboration creates a unified, cloud-based acceptance infrastructure designed to simplify operations for acquirers while … Read the full press release

Capgemini Report Finds Corporate and Investment Banks Struggling to Meet Client Expectations as Non-Bank Competition Grows

(IN BRIEF) Capgemini’s inaugural World Corporate and Investment Banking Report 2026 highlights significant challenges facing corporate and investment banks as competition from non-bank financial institutions intensifies and client expectations evolve. The research shows that 85 percent of corporate clients plan … Read the full press release

Capgemini Report Finds Corporate and Investment Banks Struggling to Meet Client Expectations as Non-Bank Competition Grows

(IN BRIEF) Capgemini’s inaugural World Corporate and Investment Banking Report 2026 highlights significant challenges facing corporate and investment banks as competition from non-bank financial institutions intensifies and client expectations evolve. The research shows that 85 percent of corporate clients plan … Read the full press release

European Investment Bank Supports Paraguay Green Hydrogen Fertiliser Project with USD 95 Million Financing

(IN BRIEF) The European Investment Bank, through EIB Global, has announced up to USD 95 million in financing for the Villeta Green Hydrogen Fertiliser Plant being developed by ATOME PLC in Paraguay. The facility will produce approximately 260,000 tonnes of … Read the full press release

Savills Agrees $1.1 Billion Acquisition of Eastdil Secured to Strengthen Global Real Estate Capital Markets Advisory

(IN BRIEF) Savills plc has agreed to acquire global real estate investment bank Eastdil Secured LLC in a transaction valued at $1.1125 billion. The acquisition combines Savills’ international real estate advisory platform with Eastdil Secured’s capital markets and investment banking … Read the full press release

Vienna Insurance Group Surpasses EUR 1 Billion Profit Milestone in 2025 and Announces Higher Dividend for Shareholders

(IN BRIEF) Vienna Insurance Group reported strong preliminary financial results for 2025, with gross written premiums rising to EUR 16.3 billion and profit before taxes surpassing the one-billion-euro milestone for the first time, reaching EUR 1.16 billion. The Group achieved … Read the full press release

Vienna Insurance Group Expands Global Assistance Network to 18 Markets with New Launch in Albania and Over One Million Annual Service Cases

(IN BRIEF) Vienna Insurance Group has expanded its Global Assistance network with the launch of operations in Albania, extending its assistance services to 18 markets across Central and Eastern Europe. Through twelve service companies employing more than 800 staff, the … Read the full press release

Crédit Agricole Expands Presence in Western Ukraine with Planned Acquisition of Bank Lviv

(IN BRIEF) Crédit Agricole Ukraine has reached an agreement to acquire up to 100 percent of Bank Lviv, a Ukrainian bank focused on serving small and medium-sized enterprises and based in Lviv. The acquisition will strengthen Crédit Agricole’s presence in … Read the full press release

Aviva Launches Financial Wellbeing Tool to Help Workplace Pension Members Strengthen Financial Confidence

(IN BRIEF) Aviva has launched a new financial wellbeing tool designed to help workplace pension members improve their financial confidence and better manage their finances. Initially available to members of the Aviva Master Trust through the Aviva app and online … Read the full press release