Category Archives: European Union

Press Releases & News from European Union distributed via EuropaWire

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

EIB, European Commission, and Bill & Melinda Gates Foundation Commit €1.1 Billion to Eradicate Polio and Advance Global Health Innovation

(IN BRIEF) The European Commission, the European Investment Bank (EIB), and the Bill & Melinda Gates Foundation have unveiled a groundbreaking financing partnership aimed at addressing global health challenges. The partnership, with support from the World Health Organization (WHO) and … Read the full press release

EIF and Malta Ministry Collaborate to Inject €16.55 Million into Maltese SMEs

(IN BRIEF) In a collaborative effort between the European Investment Fund (EIF) and Malta’s Ministry of European Funds and Lands, €16.55 million will be provided to support small and medium-sized businesses (SMEs) in Malta through the ‘Malta Member State Compartment.’ … Read the full press release

European Investment Fund and Fintech Firm Invoier Join Forces to Empower SMEs in Sweden

(IN BRIEF) The European Investment Fund (EIF) and Swedish fintech firm Invoier have entered into a significant €58 million guarantee agreement to enhance funding accessibility for small and medium-sized enterprises (SMEs) and other businesses through loans and invoice trading. Supported … Read the full press release

Sustainability at the Forefront: EIB and Crédit Agricole Italia Inject €400 Million into Business Expansion

(IN BRIEF) The European Investment Bank (EIB) and Crédit Agricole Italia have signed a €400 million agreement to support small and medium-sized enterprises (SMEs) and agricultural companies. A significant portion of this funding, over 25%, will be directed towards environmental … Read the full press release

European Investment Bank Extends €70 Million Loan to Bolster Armenian SMEs and Mid-Caps

(IN BRIEF) The European Investment Bank (EIB) is providing a loan of €70 million to the Central Bank of Armenia as part of the Armenian Economic Resilience Programme, backed by the European Fund for Sustainable Development Plus (EFSD+). This funding … Read the full press release

EIB Backs Polish company SDS Optic Inc. with €10 Million Investment in Cutting-Edge Cancer Detection Tech

(IN BRIEF) The European Investment Bank (EIB) has signed a €10 million loan agreement with Polish company SDS Optic Inc. to support the development and commercialization of their innovative cancer detection technology platform, inPROBE®. SDS Optic specializes in diagnostic and … Read the full press release

Joint Effort by EIB and Santander Portugal Aims to Fuel Investments in the Portuguese Economy

(IN BRIEF) Santander Portugal and the European Investment Bank (EIB) have signed an agreement to help Portuguese mid-cap companies access financing more easily in a challenging financial landscape marked by high interest rates and limited liquidity. Under the deal, EIB … Read the full press release

Dutch King Inaugurates Vattenfall’s 1.5 GW Offshore Wind Farm, Among World’s Largest

(IN BRIEF) Dutch King Willem-Alexander, alongside board members of Vattenfall, BASF, and Allianz, has officially inaugurated the Hollandse Kust Zuid 1-4 offshore wind farm in the North Sea. Located 18-36 kilometers off the Dutch coast, the wind farm features 139 … Read the full press release

EBRD Supports Albania’s Agribusiness and Tourism Sectors with €2 Million Loan to Union Bank

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is extending a loan of up to €2 million to Union Bank to bolster financing in Albania’s agribusiness and tourism sectors, essential for the country’s economic growth. Union Bank becomes … Read the full press release

Infineon Takes Lead in European Research Project to Develop Sustainable Electronics

(IN BRIEF) Infineon Technologies AG has assumed the role of head and coordinator for the European research project EECONE (European ECOsystem for greeN Electronics), aimed at enhancing the sustainability of electronics in Europe. EECONE, supported by the European Union, brings … Read the full press release

Danmarks Nationalbank Joins Eurex’s Cleared Repo Markets

(IN BRIEF) Danmarks Nationalbank, the central bank of Denmark, has become the second central bank outside the euro area to actively trade and centrally clear repo transactions at Eurex. Eurex’s cleared repo markets, which currently have over 160 registered participants, … Read the full press release

Lenzing Achieves EU Ecolabel Certification for Indonesian Fibers, Reinforces Commitment to Sustainability

(IN BRIEF) The Lenzing Group, a leading provider of specialty cellulose fibers for textiles and nonwoven industries, has attained certification from the prestigious EU Ecolabel for its fibers produced at the Indonesian facility in Purwakarta (PT. South Pacific Viscose). This … Read the full press release