Category Archives: Economy

Economy Press Releases & News distributed via EuropaWire

Swiss Re Highlights Key Trends and Sustainability in the Reinsurance Market Ahead of 2024 Renewals

(IN BRIEF) Swiss Re is emphasizing the importance of enhanced underwriting data, improved modeling, and rebalancing the insurance value chain to ensure the sustainability of the reinsurance market. As the demand for re/insurance protection increases in a volatile environment, Swiss … Read the full press release

NatWest Regional PMI® Survey Shows Broad Decline in UK Business Activity Amid Weak Demand

NatWest Survey: UK Regional Business Activity Slows in July 2023, Employment Holds Steady while Inflation Trends Vary

(IN BRIEF) The latest NatWest Regional PMI® survey for August has revealed a widespread decline in business activity across the UK due to weakening demand for goods and services. Of the 12 monitored regions and nations, only Wales and London … Read the full press release

EIF and Arbevel Partner to Provide €72 Million Boost for SMEs and Sustainability through InvestEU

(IN BRIEF) The European Investment Fund (EIF) backed by the InvestEU program has partnered with Arbevel to provide a portfolio guarantee of up to €72 million in financing for SMEs and lower mid-caps. This agreement encompasses three InvestEU windows: “Innovation … Read the full press release

EBRD Appoints Mark Davis as Regional Head of Central Europe to Drive Economic Transition

(IN BRIEF) Mark Davis has been appointed as the new Regional Head of Central Europe for the European Bank for Reconstruction and Development (EBRD). In his new role, he will oversee EBRD operations in Croatia, the Czech Republic, Hungary, the … Read the full press release

Public Development Banks Unite for Blue Finance Roadmap to Promote Ocean Protection and Sustainable Use

(IN BRIEF) During the Finance in Common Summit in Cartagena, public development banks, including the AFD, ADB, CAF, CDP, EBRD, EIB, IDB, KfW Development Bank, and BOAD, have committed to collaborating on a Blue Finance Roadmap to address ocean protection … Read the full press release

EIB Delegation Engages in 32nd Economic Forum, Discussing Investments and Sustainability in Central and Eastern Europe

(IN BRIEF) The European Investment Bank (EIB) delegation led by Grzegorz Rabsztyn is participating in the 32nd Economic Forum in Karpacz, Poland. The forum’s theme is “New Values for the Old Continent – Europe on the Threshold of Change.” Discussions … Read the full press release

Austrian School Curricula to Integrate Financial Education with Vienna Stock Exchange Material

(IN BRIEF) As the new school year begins, Austrian curricula are introducing enhanced financial and economic education for fifth to eighth graders in secondary schools. The Vienna Stock Exchange is contributing to this initiative with its “börse4beginners” teaching material, offering … Read the full press release

EIB Survey Reveals Central and Eastern European Companies Prioritize Innovation Amidst Investment Challenges

(IN BRIEF) The European Investment Bank (EIB) has released findings from its Investment Survey, focusing on Central and Eastern European (CEE) companies. The survey highlights that 77% of CEE companies are investing in business development, with a higher percentage investing … Read the full press release

University of Dundee Representatives Embrace Educational and Cultural Exchange at SWUFE in China

(IN BRIEF) Representatives from the University of Dundee attended Southwestern University of Finance and Economics (SWUFE) in China, engaging in a two-week program involving lectures on business, finance, economics, and broader topics like international trade, cultural differences, and COVID recovery. … Read the full press release

UK SMEs Poised to Drive Employment Growth: Expected to Hire 3.5 Million People This Quarter

(IN BRIEF) UK small and medium-sized businesses (SMEs) are expected to contribute to significant employment growth this quarter, with the potential to hire up to 3.5 million people. This positive projection is based on data from the Barclays Business Barometer, … Read the full press release

Equinor Announces Q1 2023 Dividend Payouts and Schedule for Oslo and NYSE Shareholders

(IN BRIEF) Equinor ASA, a global energy company, has disclosed its dividend payouts for the first quarter of 2023. On May 4th, 2023, Equinor declared a regular dividend of USD 0.30 per share and an extraordinary dividend of USD 0.60 … Read the full press release

Digi Communications N.V. announces the availability of the 2022 Annual Report

(PRESS RELEASE) BUCHAREST, Romania, 18-Aug-2023 — /EuropaWire/ — Digi Communications N.V. (“Digi” or the “Company”) informs the market about the availability of the 2022 Annual Report which was approved by the Company’s Ordinary General Shareholders Meeting, which was held on … Read the full press release

Digi Communications N.V. announces the general shareholders’ meeting resolutions from 18 August 2023 approving amongst others, the 2022 Annual Accounts

Digi Communications intends to propose to shareholders the distribution of dividends for the fiscal year 2023 at the upcoming General Meeting of Shareholders, which shall take place in June 2024

(IN BRIEF) Digi Communications N.V. successfully convened its general shareholders’ meeting on August 18, 2023, with 74.03% of total voting shares represented. Notable decisions included the adoption of the 2022 Annual Accounts, approval of a gross dividend of 1 RON … Read the full press release

German DAX CEOs Experience 8% Decrease in Compensation Amidst ESG Focus and Economic Challenges, TUM and DSW Study Finds

(IN BRIEF) According to a study by the Technical University of Munich (TUM) and the advocacy group DSW, the earnings of top executives in German DAX-listed companies were approximately 8% lower in 2022 compared to the previous year. This decrease … Read the full press release

Savills Foresees Normalcy Returning to Global Industrial Investment Market by Year-End, Office Markets Showing Stabilization Signs

(IN BRIEF) Savills predicts a return to normalcy in the global industrial investment market by the end of 2023, as the interest rate cycle stabilizes and inflation cools. Despite suppressed global office investment volumes, some areas are showing signs of … Read the full press release

NatWest Survey: UK Regional Business Activity Slows in July 2023, Employment Holds Steady while Inflation Trends Vary

NatWest Survey: UK Regional Business Activity Slows in July 2023, Employment Holds Steady while Inflation Trends Vary

(IN BRIEF) In July 2023, the NatWest Regional PMI® survey revealed a divergent landscape for UK regional business activity. While business growth across regions hit a six-month low due to reduced demand, employment remained relatively robust, with nine out of … Read the full press release

EBRD Partners with PrivatBank to Provide €60 Million Risk-Sharing Instrument for Ukrainian Agribusiness and Critical Industries

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has initiated a strategic partnership with Ukraine’s PrivatBank by issuing a €60 million risk-sharing instrument to facilitate €240 million in newly originated loans for critical industries, particularly agribusiness. PrivatBank, a … Read the full press release

Live Entertainment and Summer Spending Boost UK Hospitality & Leisure Sector

(IN BRIEF) Consumer card spending in the UK grew by 4.0% YoY in July, driven by the hospitality and leisure sector as Brits spent more on getaways, dining out, and entertainment like concert tickets. Spending on supermarkets grew at a … Read the full press release

Deutsche Börse’s DB1 Ventures Leads Funding Round for Block Trading Platform OptimX Markets

(IN BRIEF) Deutsche Börse’s Corporate Venture Capital arm, DB1 Ventures, has led a Seed funding round in OptimX Markets, a block trading platform based in New York. OptimX provides a venue-neutral solution for sharing and processing institutional block orders in … Read the full press release

Project STOP Jembrana Successfully Hands Over Waste Management Program, Achieving Circular Economy Goals in Bali

(IN BRIEF) Project STOP Jembrana, funded by the Alliance to End Plastic Waste, has successfully implemented a waste management system in Bali, Indonesia, offering waste collection services to over 124,800 people and collecting more than 12,959 tonnes of waste, including … Read the full press release