Category Archives: European Union

Press Releases & News from European Union distributed via EuropaWire

European Society of Cardiology Weighs In on EU Pharmaceutical Legislation Reform, Advocates for Cardiovascular Research Support

(IN BRIEF) The European Society of Cardiology (ESC) has issued a statement regarding the proposed Reform of the EU Pharmaceutical Legislation by the European Commission, currently in negotiation in the European Parliament and the Council. While the ESC supports the … Read the full press release

EIB Grants €100 Million Loan to Intesa Sanpaolo to Boost Green Transition in Italy’s Public Sector

(IN BRIEF) The European Investment Bank (EIB) has signed an agreement with Intesa Sanpaolo to provide a €100 million loan aimed at supporting the green transition of the public sector and publicly owned companies in Italy. This partnership marks the … Read the full press release

EBRD and EU Collaborate to Enhance Solid Waste Management in Kyrgyz Republic’s Capital

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have supported the completion of a vital infrastructure project in Bishkek, the capital of the Kyrgyz Republic. The project involves the construction of a landfill … Read the full press release

Georgia’s East-West Highway Section Opens with EU and EIB Support, Enhancing Regional Connectivity

(IN BRIEF) The Ubisa-Shorapani section of Georgia’s East-West Highway, a crucial part of the Trans-European Transport Network (TEN-T) and the Middle Corridor, was officially opened on October 28, 2023. This section is one of seven supported by the European Union … Read the full press release

Improved Eurojust Regulation Empowers EU Against Terrorism

(IN BRIEF) European Union (EU) judicial authorities are strengthening their efforts to combat terrorism by enhancing information sharing with Eurojust. An amendment to the Eurojust Regulation allows EU Member States to share a broader range of information on ongoing and … Read the full press release

Spanish SMEs Get Boost with EIB Group and ICO’s Sabadell ABS Investment

(IN BRIEF) The European Investment Bank (EIB) Group, along with the European Investment Fund (EIF) and Instituto de Crédito Oficial (ICO), has invested in asset-backed securities (ABS) issued by Sabadell Consumer Finance to support the financial needs of small and … Read the full press release

Siemens Leads the Way in European Unitary Patent Applications, Focusing on Digital Technologies

(IN BRIEF) Siemens has taken the lead in applying for unitary patents in Europe, with over 12,000 applications submitted since the European Unitary Patent system started in June 2023. This new patent system, coupled with the Unified Patent Court, simplifies … Read the full press release

EU Faces Challenges in Meeting Plastic Packaging Recycling Targets, Says European Court of Auditors

(IN BRIEF) The European Court of Auditors (ECA) has cautioned that the EU may struggle to meet its plastic packaging recycling targets for 2025 and 2030 outlined in the new Packaging and Packaging Waste Regulation. Packaging accounts for a significant … Read the full press release

Record-Breaking Year for Corporate Renewable PPAs in the EU, but Regulatory Barriers Must Be Removed, Say Industry Leaders

(IN BRIEF) The RE-Source 2023 event in Amsterdam has marked a record year for corporate power purchase agreements (PPAs) in the EU, with 7.8 GW of renewable capacity secured year to date. Companies in the ICT, heavy industry, and telecom … Read the full press release

EU Pledges €500 Million for Global Health and €134 Million for Local Manufacturing in Africa

(IN BRIEF) During the Global Gateway Forum, the EU committed €500 million to global health in collaboration with the European Investment Bank (EIB) and the Bill & Melinda Gates Foundation. This funding will strengthen healthcare capacities, improve pharmaceutical supply chains, … Read the full press release

EU Commits €16 Million to Enhance Road Safety Along Georgia’s East-West Highway

(IN BRIEF) The EU, represented by Commissioner Olivér Várhelyi and EIB President Werner Hoyer, has announced a €16 million grant through EIB Global to enhance road safety in Georgia along the East-West highway. The project aims to improve physical safety … Read the full press release

EU Commits €10 Million to Improve Education Infrastructure in Armenia’s Syunik Region

(IN BRIEF) At the Global Gateway Forum, the EU Commissioner for Neighbourhood and Enlargement, Olivér Várhelyi, and the European Investment Bank (EIB) President, Werner Hoyehr, announced a financial package to enhance education infrastructure in Armenia. The package includes a €10 … Read the full press release

OLAF Hosts 10th Annual Meeting of EU Member States’ Anti-Fraud Coordination Services (AFCOS) in Lithuania

(IN BRIEF) The European Anti-Fraud Office (OLAF) convened the 10th gathering of national Anti-Fraud Coordination Services (AFCOS) from all European Union (EU) Member States on October 18-19, 2023, in Vilnius, Lithuania. The annual conference, organized in collaboration with AFCOS Lithuania … Read the full press release

AstraZeneca and Daiichi Sankyo Gain EU Approval for Enhertu as Monotherapy for HER2-Mutant Lung Cancer

(IN BRIEF) AstraZeneca and Daiichi Sankyo have received European Union (EU) approval for their drug Enhertu as a monotherapy for the treatment of advanced non-small cell lung cancer (NSCLC) in adult patients with activating HER2 mutations who require systemic therapy … Read the full press release

Rheinmetall-Led FEDERATES Consortium Gains €30 Million EU Funding to Transform European Simulation Resources

(IN BRIEF) The FEDERATES consortium, led by Rheinmetall, has secured €30 million in funding from the European Union for an innovative training and decision support project. FEDERATES aims to create a “distributed synthetic simulation environment” that connects various simulation resources … Read the full press release

EIB and Commerzbank Collaborate to Offer €400 Million in Loan Guarantees to Medium-Sized Businesses

(IN BRIEF) The European Investment Bank (EIB) and Commerzbank have established a guarantee program to support medium-sized businesses in Germany and the EU. Companies with 250 to 3,000 employees can apply for long-term loans through Commerzbank, with a total of … Read the full press release

Multilateral Development Banks Collaborate to Simplify Procurement for Ukraine’s Reconstruction

(IN BRIEF) Four multilateral development banks, including the Council of Europe Development Bank (CEB), the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), and the World Bank, have agreed to harmonize their procurement practices for public … Read the full press release

EBRD and EU Support Revival of Albanian Railways, Easing Traffic Congestion and Pollution

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are supporting the reconstruction of a 34 km stretch of railway between Durres and Tirana in Albania, marking the first major investment in the country’s … Read the full press release

EIB Prioritizes Green and Digital Transition in Western Balkans at Berlin Summit

(IN BRIEF) The European Investment Bank (EIB) reaffirms its commitment to supporting sustainable development in the Western Balkans. During the Berlin Process Leaders’ Summit in Tirana, EIB Vice-President Czerwińska emphasized the bank’s dedication to enhancing connectivity, promoting green and digital … Read the full press release

EIB Commits €500 Million in Landmark Investment to Eradicate Polio Globally

(IN BRIEF) The European Investment Bank (EIB) has announced a substantial investment of €500 million to support the eradication of polio in Africa and Asia. This landmark commitment was unveiled during a press conference in Brussels, signifying a historic partnership … Read the full press release