Category Archives: Economy

Economy Press Releases & News distributed via EuropaWire

BBVA’s ‘Aprendemos Juntos Kids’ Debuts Animated Season 3 on Emotions and Sustainability

(IN BRIEF) BBVA launches Season 3 of ‘Aprendemos Juntos Kids’, its animated children’s series that teaches emotional intelligence and sustainability values. Forty new episodes follow characters Beta, Mario, and a host of allies as they tackle issues like empathy, curiosity, and … Read the full press release

BBVA Taps Walter Rizzi to Lead Italy’s Digital Banking Expansion

(IN BRIEF) BBVA has named Walter Rizzi Head of Digital Banking in Italy, reporting to Murat Kalkan. Rizzi’s background includes senior roles at Banca AideXa—where he led product and customer initiatives—and consultancy work at McKinsey and QuantumBlack on AI and digital projects. … Read the full press release

EIB Provides €385 Million to Indra for State‑of‑the‑Art Defence Technology Hub in Spain

(IN BRIEF) The European Investment Bank has signed a €385 million loan with Spanish technology firm Indra to establish a cutting‑edge R&D centre—Indra Technology Hub—in Torrejón de Ardoz, Madrid. The facility will focus on radar, electronic defence, electro‑optics, command‑and‑control communications, and … Read the full press release

UniCredit Teams Up with Wise to Bring Instant, Low‑Fee International Transfers to Its App

(IN BRIEF) UniCredit has partnered with Wise to embed instant, low‑cost international transfers into its mobile app for Italian customers, starting 21 July 2025. Users can send euros to five key currencies (GBP, CHF, HKD, SGD, INR) with near‑instant delivery and transparent … Read the full press release

Aging SME Owners in Germany Drive a 20‑Point Investment Gap, KfW Study Finds

(IN BRIEF) KfW’s latest SME Panel analysis shows a persistent investment gap between younger and older business owners in Germany: from 2004 to 2023, firms led by under‑40 entrepreneurs reinvested 58 percent on average, compared to 38 percent for over‑60 owners. Driven … Read the full press release

Standard Chartered Becomes First Global G‑SIB to Offer Deliverable Spot Trading in Bitcoin and Ether

(IN BRIEF) Standard Chartered has launched the first deliverable spot trading service for Bitcoin (XBT/USD) and Ether (XET/USD) offered by a global systemically important bank, available through its UK branch. This new platform, fully integrated with the bank’s FX trading … Read the full press release

Spain Joins InvestEU Export Credit Guarantee to Boost Spanish-Ukraine Trade and Reconstruction

(IN BRIEF) Spain has joined nine other EU countries in the InvestEU Ukraine Export Credit Guarantee Facility, signing on via Cesce and ICO/FIEM to support Spanish SMEs and mid-caps exporting machinery, construction materials, technologies, and services to Ukraine. Backed by … Read the full press release

BBVA Research, ABN AMRO and BNP Paribas Fortis Launch Non-Profit Network for Real-Time Economic Insights

(IN BRIEF) BBVA Research, ABN AMRO Bank, and BNP Paribas Fortis’ Prometis Lab have created a non-profit global network that transforms anonymized financial transactions into real-time, granular economic intelligence. Prioritizing openness, transparency, and collaboration, the platform will enable quicker and … Read the full press release

EIB Group Doubles Staff Participation at Luxembourg Pride Run, Rallying 475 Runners for LGBTIQ+ Inclusion

(IN BRIEF) At Luxembourg’s 2025 Pride Run, 475 EIB Group staff members participated—more than double the number from the previous year—demonstrating their strong support for LGBTIQ+ inclusion. Vice-President Robert de Groot emphasized the Bank’s ongoing commitment to European values of … Read the full press release

Romania’s Exim Banca Romanească Secures €43.75 Million Guarantee to Boost Exports to Ukraine Reconstruction

(IN BRIEF) Exim Banca Romanească has joined the InvestEU Ukraine Export Credit Guarantee Facility, making Romania the tenth EU country to participate alongside nine others. The initiative, backed by the EIF within the EIB Group, provides guarantees to SMEs and … Read the full press release

Latvia’s Altum Joins €300 Million EU Guarantee Scheme to Boost Exports for Ukraine Reconstruction

(IN BRIEF) Latvia’s finance institution Altum has signed up for the InvestEU Ukraine Export Credit Guarantee Facility, becoming the tenth EU country to do so alongside nine others. The facility, backed by the EIF and part of the EIB Group, … Read the full press release

Catalan SMEs to Benefit from €100 Million EIB–ICF Green Investment Loan

(IN BRIEF) The EIB and ICF have launched a €100 million loan—the initial tranche of a total €200 million facility—to finance sustainability-focused projects by Catalan SMEs. ICF will use these funds to underwrite investments in renewable energy systems, energy-efficiency retrofits, … Read the full press release

SIX and Pictet Complete Switzerland’s First Regulated Fractional Tokenization of Corporate Bonds

(IN BRIEF) SIX and Banque Pictet & Cie SA have completed a pilot project tokenizing EUR- and CHF-denominated corporate bonds on the SDX platform, then allocating fractional bond holdings to Pictet Asset Management SA portfolios via their custody bank accounts. … Read the full press release

Lloyds Banking Group and Foundations Launch £4.2 Million Fund to Boost Financial Resilience Through UK Charities

(IN BRIEF) Lloyds Banking Group and its four charitable Foundations have introduced a £4.2 million Financial Resilience fund to reinforce UK charities supporting financially vulnerable individuals. Research shows 4.3 million people turned to charities for help in the last three … Read the full press release

EIB Provides €150 Million to Fuel Alfasigma’s 2025–2027 R&D in Specialty and Rare-Disease Medicines

(IN BRIEF) The EIB has extended a €150 million loan to Alfasigma to fund its R&D efforts from 2025 to 2027, targeting new drugs in gastroenterology, hepatology, vascular medicine, rheumatology, and rare diseases. The financing, endorsed by EIB Vice-President Gelsomina … Read the full press release

German SMEs Rely on Promotional Funds for 22 Percent of Their Climate Investments in 2023, KfW Analysis Shows

(IN BRIEF) The 2023 KfW Climate Barometer special analysis shows that German SMEs now finance 22 percent of their climate investments through public promotional funds—up three points since 2021—while promotional support makes up only 13 percent of overall SME investment. … Read the full press release

EBRD and EIB Launch €410 Million Ukraine FIRST Fund to Catalyse Urban, Energy, and Tourism Recovery

(IN BRIEF) At the Ukraine Recovery Conference in Rome (10–11 July 2025), the EBRD will present a comprehensive €410 million financing package for urban development and sustainable tourism via the Ukraine FIRST Cooperation Fund, co-managed with the EIB. Funds flow … Read the full press release

EIB Mobilises €410 Million via Arcano and Buenavista Funds to Boost Spanish Urban Regeneration and Green Tourism

(IN BRIEF) The EIB has signed €410 million in agreements with Arcano Partners (€210 million) and Buenavista Infrastructure (€200 million) to finance urban development and sustainable tourism projects across Spain. The funds, sourced from the EU-financed Regional Resilience Fund under … Read the full press release

Barclays Appoints Khaled El Dabag and Walid Mezher as Joint CEOs to Accelerate Middle East Growth

(IN BRIEF) Barclays has appointed Khaled El Dabag and Walid Mezher as Co-CEOs for its Middle East region, reporting to BBPLC President Stephen Dainton. El Dabag, with 25 years of investment banking experience in Dubai and New York, has led … Read the full press release

Aviva Capital Partners and Moda Secure Over £200 Million to Deliver Nearly 1,000 Build-to-Rent Homes with 20 Percent Affordable Units in Digbeth

(IN BRIEF) Aviva Capital Partners and Moda Group, in partnership with NatWest, Homes England, and the WMCA, have secured over £200 million to develop Stone Yard, a build-to-rent community in Digbeth, Birmingham. Phase one will deliver 605 high-quality rental homes … Read the full press release