Category Archives: Economy

Economy Press Releases & News distributed via EuropaWire

Tikehau Capital Unveils €150 Million Defense & Security Fund to Boost Europe’s Sovereignty

(IN BRIEF) Tikehau Capital, in partnership with Société Générale Assurances, CNP Assurances, and the CARAC Group—and with backing from the French Ministry of Defense and the DGA—has introduced Tikehau Défense et Sécurité, a €150 million Article 8 fund dedicated to … Read the full press release

CACEIS Ireland Taps ETF Veteran Eamonn O’Callaghan to Head New Product Line

(IN BRIEF) CACEIS Ireland appointed Eamonn O’Callaghan as ETF Group Product Manager on 9 June 2025. Eamonn brings 25 years of ETF experience—most recently as Head of European ETF Product at Brown Brothers Harriman—and academic credentials in IT for Strategic … Read the full press release

Swiss Re SONAR 2025 Flags Extreme Heat as Top Emerging Risk with Half-Million Annual Deaths

(IN BRIEF) Swiss Re’s 2025 SONAR report identifies extreme heat as a leading emerging risk, attributing up to 500,000 deaths annually to heatwaves—more than floods, quakes, and hurricanes combined. The report traces rising severity and duration of heat events, notes … Read the full press release

EIB Triples Defence SME Financing to €3 Billion with First Deutsche Bank Partnership

(IN BRIEF) The EIB is tripling its intermediated lending for European defence-industry suppliers from €1 billion to €3 billion. It has signed an inaugural €500 million loan agreement with Deutsche Bank, which will provide €1 billion in credit lines to … Read the full press release

Kapsch TrafficCom AG Relinquishes Control of Belarus Toll Operator, Retains Economic Stake

(IN BRIEF) Kapsch TrafficCom AG has reduced its stake in Kapsch Telematic Services IOOO (Belarus) to below 50%, deconsolidating the toll-system operator and ceasing revenue recognition from its results. Although control has been relinquished, the transaction’s structure ensures Kapsch TrafficCom … Read the full press release

BayWa Agrees to Sell Cefetra to First Dutch, Cutting Over €650 Million of Bank Debt

(IN BRIEF) BayWa AG has agreed to sell Cefetra to Peter Goedvolk’s First Dutch, subject to regulatory approval, trimming its bank debt by over €650 million. Combined with a €500 million liability reduction from Raiffeisen Ware Austria shares earlier in … Read the full press release

Intesa Sanpaolo Introduces CO₂ Mitigation Solutions to Drive Corporate Decarbonisation and Carbon Offsetting

(IN BRIEF) Intesa Sanpaolo has unveiled CO₂ Mitigation Solutions, a new service enabling businesses to calculate their carbon footprint, set science-based reduction targets, implement decarbonisation measures, and purchase certified carbon credits. The initiative—crafted by the Banca dei Territori Division and … Read the full press release

NatWest Taps AI Pioneer Maja Pantic to Lead Next-Gen Research and Simplification Drive

(IN BRIEF) NatWest has named Dr. Maja Pantic as its first Chief AI Research Officer to spearhead the bank’s AI-driven transformation and simplification strategy. Dr. Pantic, formerly Professor of Affective & Behavioural Computing at Imperial College London and a leader … Read the full press release

KfW IPEX-Bank Supports 350 MW Wind Project in Québec’s Forested Region with EUR 140 Million Financing

(IN BRIEF) KfW IPEX-Bank is contributing EUR 140 million as co-lead arranger in a major financing package for a 350 MW wind farm in Québec, Canada, alongside several Canadian banks. The Pohénégamook-Picard-Saint-Antonin-Wolastokuk 1 (PPAW1) Energy Centre, featuring 56 Vestas turbines, … Read the full press release

New Barclays Innovation Hub in London Set to Power 150 Startups with Support from Microsoft, NVIDIA, and Industry Leaders

(IN BRIEF) Barclays has launched a new Innovation Hub in Shoreditch, London, in partnership with Microsoft, NVIDIA, and other key industry players to boost the UK’s tech ecosystem. The hub, powered by Barclays Eagle Labs, will house 150 startups working … Read the full press release

LSEG Partners with Brazil’s A5X to Launch Advanced Derivatives and Futures Platform by 2026

(IN BRIEF) LSEG has signed a strategic agreement to deliver its advanced trading and post-trading technology to A5X, Brazil’s upcoming derivatives and futures exchange. Tailored for Brazil’s regulatory and market requirements, the partnership includes integrated solutions for pre-trade risk, ultra-low … Read the full press release

EBRD and ProCredit Bank Bulgaria Sign €14 Million InvestEU Deal to Expand Green Loans in Bulgaria and Greece

(IN BRIEF) The EBRD has signed a €14 million portfolio guarantee agreement with ProCredit Bank Bulgaria under the EU’s InvestEU programme, enabling the bank to offer more green loans to businesses in Bulgaria and Greece. This risk-sharing facility will support … Read the full press release

Public Development Banks Unveil €3 Billion Clean Oceans Initiative 2.0 to Tackle Marine Plastic Crisis Through 2030

(IN BRIEF) At the UN Ocean Conference in Nice, six public development banks including EIB, AFD, and KfW, joined by new partner ADB, launched Clean Oceans Initiative 2.0 — a renewed €3 billion pledge running from 2026 to 2030 to … Read the full press release

EIB and Luxembourg Launch €5 Million Investment to Back Ocean-Based Climate Projects in Island States

(IN BRIEF) The European Investment Bank, through EIB Global and in collaboration with the Government of Luxembourg, is investing €5 million via the Luxembourg-EIB Climate Finance Platform into the Outrigger Impact Fund I, a new initiative focused on supporting Small … Read the full press release

LCH and CMU OmniClear Join Forces to Advance Global Clearing and Settlement of CNH Derivatives

(IN BRIEF) LCH Limited, part of LSEG, has signed an MoU with CMU OmniClear Limited to expand its ForexClear service to include CNH FX Options, Forwards, Swaps, and Spot transactions using Hong Kong’s PvP infrastructure. The offering, expected in early … Read the full press release

NIB Funds Poland’s Bałtyk Offshore Wind Farms to Accelerate Green Energy and Cut CO2 Emissions

(IN BRIEF) The Nordic Investment Bank (NIB) will provide two 26-year loans worth EUR 126 million to support the construction of Poland’s Bałtyk 2 and Bałtyk 3 offshore wind farms. Jointly developed by Norway’s Equinor Wind Power and Poland’s Polenergia, … Read the full press release

BIL Renews Sponsorship for Creative Young Entrepreneur Luxembourg to Support Emerging Talent

(IN BRIEF) Banque Internationale à Luxembourg (BIL) has renewed its sponsorship for Creative Young Entrepreneur Luxembourg (CYEL), a competition that celebrates the creativity and entrepreneurial spirit of young Luxembourgers. As the main sponsor since 2020, BIL remains committed to fostering … Read the full press release

Bridging the Gap: How Academia and Industry Can Collaborate for a Sustainable Food Future

(IN BRIEF) The Food 2.0 project seeks to create a resilient food system by integrating circular economy practices and sustainability. Bridging the gap between academia and industry is key to translating research into practical solutions. Through initiatives such as rapid-fire … Read the full press release

UniCredit Partners with Herzog & de Meuron to Design New Sustainable Headquarters in Milan

(IN BRIEF) UniCredit has partnered with Herzog & de Meuron to design a new headquarters in Milan’s Scalo Farini area, a key site in one of Europe’s largest urban regeneration projects. The new campus will feature offices, green spaces, residences, … Read the full press release

Euronext Growth Milan Welcomes Giocamondo Study with €4.2 Million Raised and a €20.8 Million Market Capitalization

(IN BRIEF) Giocamondo Study has been successfully listed on Euronext Growth Milan, becoming the 12th listing of 2025. The company raised €4.2 million during the placement phase, which will help drive its growth as it aims to expand its brand … Read the full press release