Category Archives: Economy

Economy Press Releases & News distributed via EuropaWire

KfW IPEX-Bank Backs Cadeler’s Next-Gen WTIVs with EUR 525 Million Green Finance Package

(IN BRIEF) KfW IPEX-Bank and partner banks, with export credit support from Eksfin and Sinosure, have arranged EUR 525 million in financing for two new wind turbine installation vessels for Cadeler, with KfW IPEX-Bank contributing nearly EUR 60 million. Built … Read the full press release

Experian Powers OakbrookOne to Extend Fairer Debt Consolidation Loans to Previously Declined Borrowers

(IN BRIEF) Experian has enabled the launch of OakbrookOne in collaboration with Oakbrook, leveraging its ReFi™ technology to provide a streamlined debt-consolidation loan that delivers rapid approvals and same-day funding for over 40 percent of borrowers. Since late 2024, the … Read the full press release

Deutsche Bank Retains Top Spot in 2025 KangaNews Poll for International Markets Research

(IN BRIEF) Deutsche Bank topped the 2025 KangaNews Fixed Income Trading and Research Poll for international markets research, securing recognition across multiple categories—including international issuance, securitisation, corporate and financial institution research, and secondary-market support. The bank also placed second for … Read the full press release

FMO Structures Innovative US $26.5 Million Debt Package for Zambia’s First Market-Based Ilute Solar Project

(IN BRIEF) FMO acted as Mandated Lead Arranger on a US $26.5 million financing package for the 32 MWp Ilute Solar Project in Western Zambia. The two-tranche debt structure—senior debt underwritten by FMO, Triodos, and SEFA, plus a subordinated tranche … Read the full press release

Wiener Börse AG Appoints Alexandra Wittmann and Guido Jestädt to Supervisory Board

(IN BRIEF) During today’s Annual General Meeting, Wiener Börse AG elected Alexandra Wittmann and Guido Jestädt to its Supervisory Board. Wittmann, CFO of EVN AG since September 2024, replaces Stefan Szyszkowitz, who served more than ten years. Jestädt, Chief Administrative … Read the full press release

Euronext and Clearstream Collaborate to Automate Collateral Management for Repo Clearing

(IN BRIEF) Euronext and Clearstream have announced a collaboration to upgrade Euronext Clearing’s collateral management for repos and additional asset classes. Clearstream will serve as a triparty agent, automating collateral selection, valuation, and substitution, while also handling settlement, custody, regulatory … Read the full press release

Gard to Launch Five Market-Aligned Syndicates and Strengthen Leadership Team for Enhanced Client Service

(IN BRIEF) Gard will restructure its organisation on 1 September 2025, replacing traditional silos with five client-centric syndicates—Nordics; Asia; Europe; Greece, Americas & London; and Specialty—each combining underwriting and claims expertise under seasoned executives. Christen Guddal and Bjørnar Andresen will … Read the full press release

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