Category Archives: Economy

Economy Press Releases & News distributed via EuropaWire

EIB leads €57 million financing round to boost Cailabs’ Optical Ground Station production and global expansion

(IN BRIEF) The European Investment Bank (EIB) has led a €57 million financing round to accelerate the growth of Cailabs, a French photonics company specialising in Optical Ground Stations for satellite laser communications. The funding includes €37 million from the … Read the full press release

Inclusion of Euronext in the CAC 40 Index highlights transformation since IPO and value creation for shareholders

(IN BRIEF) Euronext will join the CAC 40® Index effective 22 September 2025, marking a major milestone in its growth and recognition of its strong market performance since its IPO in 2014. From operating four markets at IPO, the Group … Read the full press release

BBVA enters global top ten in Time’s World’s Best Companies 2025 ranking, named Spain’s leading bank

(IN BRIEF) BBVA has entered the global top ten of Time magazine’s World’s Best Companies 2025 ranking, placing eighth overall and climbing 37 spots from last year. It was also recognized as Spain’s leading bank and the second-best financial institution … Read the full press release

NIB creates new financing structure enabling investors to support ambitious corporate sustainability targets

(IN BRIEF) The Nordic Investment Bank has introduced its Sustainability-linked Loans Financing Bond Framework, enabling the issuance of bonds tied to portfolios of sustainability-linked loans that incentivize companies to achieve ambitious environmental performance goals. This framework strengthens NIB’s role in … Read the full press release

Czech Deputy Finance Minister Marek Mora to join EIB Management Committee as Vice-President

(IN BRIEF) Czech Deputy Finance Minister Marek Mora has been appointed Vice-President of the European Investment Bank, effective 20 October 2025. Nominated by the Czech government and approved by the EIB’s Board of Governors, Mora will replace Kyriacos Kakouris of … Read the full press release

Flexam Invest secures €50 million EIF commitment for Kartesia Asset Finance III to boost SME and mid-cap financing in Europe

(IN BRIEF) Flexam Invest has secured a €50 million investment from the European Investment Fund (EIF) in its Kartesia Asset Finance III (KAF III) fund, partially backed by the EU’s InvestEU programme. With this commitment, KAF III has now raised … Read the full press release

EIB Global introduces €187 million Innovation and Green Transformation Facility to support Western Balkans SMEs

(IN BRIEF) EIB Global has announced the Innovation and Green Transformation Facility (IGTF), a €187 million programme combining EIB loans and EU grants to support private sector sustainability and innovation in the Western Balkans. The initiative, aligned with the EU … Read the full press release

EIB supports Joltie with €17.5 million financing to roll out 2,200 EV charging points in Greece and Cyprus

(IN BRIEF) The European Investment Bank (EIB) has approved up to €17.5 million in venture debt financing for Joltie SA, a Greek EV charging operator, to install about 2,200 new charging points in Greece and Cyprus by 2029. Supported by … Read the full press release

EIB Global drives climate risk management and green finance in North Macedonia through GFS programme

(IN BRIEF) EIB Global is driving the Greening Financial Systems programme in North Macedonia alongside the National Bank of North Macedonia, helping strengthen climate risk management and expand access to green finance. A survey of more than 300 enterprises found … Read the full press release

flatexDEGIRO brings low-cost crypto trading to France, the Netherlands, Spain, and Austria as rollout expands

(IN BRIEF) flatexDEGIRO has expanded its crypto trading services to France, the Netherlands, Spain, and Austria, extending access to more than two million customers across Europe. Building on its launch in Germany in December 2024 and recognition as “Best Crypto … Read the full press release

SEB Kort rebrands Eurocard corporate services under Airplus to strengthen European corporate payments offering

(IN BRIEF) SEB Kort has begun rebranding Eurocard’s corporate services to operate under the Airplus name starting in September 2025. Eurocard will continue as a consumer card, while Airplus becomes SEB Kort’s dedicated brand for corporate payments. The transition follows … Read the full press release

Swiss Re highlights climate losses, AI transformation, and geopolitical uncertainty as critical themes at Monte Carlo reinsurance talks

(IN BRIEF) At the Rendez-Vous de Septembre in Monte Carlo, Swiss Re has highlighted how climate change, geopolitical uncertainty, and artificial intelligence are reshaping the global re/insurance market. The company warns that insured losses from natural catastrophes, which have exceeded … Read the full press release

EIB Group names María Romano to lead Madrid Office and strengthen institutional agenda in Spain

(IN BRIEF) The European Investment Bank Group has named María Romano as the new Head of its Madrid Office, where she will lead institutional relations and coordinate support for major projects in Spain. Romano, who succeeds Fernando Torija, has extensive … Read the full press release

EBRD exits Bank of Cyprus with sale of remaining 5 per cent stake after decade of support

(IN BRIEF) The European Bank for Reconstruction and Development has sold its entire 5 per cent holding in the Bank of Cyprus, amounting to over 22.4 million shares, through an accelerated bookbuild on the Athens Stock Exchange. The EBRD first … Read the full press release

Evri and DHL eCommerce UK merger cleared by CMA to form UK’s largest parcel and mail delivery business

(IN BRIEF) The UK’s Competition and Markets Authority has unconditionally approved the merger of Evri and DHL eCommerce UK, with the transaction expected to complete soon after final approvals. The new Evri Group will become the UK’s leading parcel and … Read the full press release

DHL Express opens new EUR 100 million carbon-neutral gateway at Helsinki-Vantaa Airport to boost Finnish trade

(IN BRIEF) DHL Express Finland has opened a new EUR 100 million logistics gateway at Helsinki-Vantaa Airport, the largest investment in its history in the country. The 16,000 m² carbon-neutral facility is equipped with automated sorting technology that can process … Read the full press release

Intesa Sanpaolo launches September 2025 share buyback to support employee incentive and severance plans

(IN BRIEF) Intesa Sanpaolo will launch a new share buyback programme between 8 and 19 September 2025 to support its 2024 and 2023 incentive plans, as well as severance arrangements. The programme, approved at the April 2025 Shareholders’ Meeting, authorises … Read the full press release

IKEA confirms December 2025 opening of first New Zealand store at Sylvia Park with nationwide Pick-Up Points

(IN BRIEF) IKEA is preparing to open its first store in New Zealand on December 4, 2025, at Sylvia Park in Auckland. Operated by Ingka Group, the 34,000 m² store will offer more than 7,500 products from day one and … Read the full press release

European Investment Bank Group appoints Aimilia Pistrika to lead Nicosia Office and strengthen operations in Cyprus

(IN BRIEF) The European Investment Bank (EIB) Group has appointed Aimilia Pistrika as Head of its Nicosia Office, effective September 1. She succeeds Antonis Papageorgiou, who had served on an interim basis since the office’s inauguration in November by President … Read the full press release

Garanti BBVA Crypto adds Tether trading and transfers to expand stablecoin offerings in Türkiye

(IN BRIEF) Garanti BBVA Crypto, Türkiye’s first bank-backed cryptocurrency platform, has introduced trading and transfers in Tether (USDT) via the Ethereum network. The addition of the world’s largest stablecoin enables users to trade USDT pairs and benefit from the stability … Read the full press release