Category Archives: European Union

Press Releases & News from European Union distributed via EuropaWire

Ongoing Phishing Campaign Targets Zimbra Collaboration Users for Credentials, ESET Researchers Warn

(IN BRIEF) Security researchers at ESET have discovered an ongoing phishing campaign that targets users of the Zimbra Collaboration software platform. This campaign, active since April 2023, aims to collect user credentials by sending emails with phishing pages in attached … Read the full press release

EBRD Backs €15 Million Urban Renewal Project in Alba Iulia, Romania

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has approved a €15 million loan to Alba Iulia, Romania, to revitalize the city’s public transport infrastructure. The project, co-financed by the European Union, aims to transform over 15 km … Read the full press release

Deutsche Bahn Secures €2 Billion Financing from EIB and HypoVereinsbank for Munich S-Bahn Expansion

(IN BRIEF) The European Investment Bank (EIB) and UniCredit’s HypoVereinsbank are jointly providing credit lines exceeding €2 billion to support Deutsche Bahn in acquiring 90 new trains for the Munich S-Bahn. The financing is channeled through Bayerische Eisenbahngesellschaft (BEG) on … Read the full press release

EIB Group’s €360 Million ABS Investment to Drive Green Projects and Support Spanish Businesses

(IN BRIEF) The EIB Group, comprised of the European Investment Bank (EIB) and European Investment Fund (EIF), has invested €360 million in a new asset-backed securities (ABS) issuance with Banco Santander. The investment will support working capital and liquidity needs … Read the full press release

Italian A32 Motorway Gets €247 Million Boost from EIB and Partners

(IN BRIEF) European Investment Bank (EIB), Cassa Depositi e Prestiti (CDP), UniCredit, SACE, and Società Italiana per il Traforo Autostradale del Frejus S.p.A (SITAF) have agreed to provide €247 million for the modernization and safety improvement of the A32 motorway … Read the full press release

Serbia Inaugurates First Section of ‘Peace Highway’ Linking Niš and Merdare with EU Support

(IN BRIEF) The first 5.5 km section of the Niš-Merdare highway, also known as the “Peace Highway,” was inaugurated in Serbia. The project, a flagship under the Economic and Investment Plan, aims to halve travel time between Niš and Merdare, … Read the full press release

EBRD Appoints Catarina Bjorlin Hansen as Head of Moldova to Strengthen Investment and EU Ties

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has appointed Catarina Bjorlin Hansen as the new Head of Moldova, effective from 1st September 2023. In her new role, Ms. Bjorlin Hansen will lead the EBRD’s operations in Moldova, … Read the full press release

Joint Initiative on Circular Economy (JICE) Continues Beyond 2023 with €8.9 Billion Funding for Sustainable Projects

(IN BRIEF) The Joint Initiative on Circular Economy (JICE), led by the European Union’s largest public promotional banks and institutions, has decided to extend its efforts beyond the original time frame of 2023. Launched in 2019, JICE aims to provide … Read the full press release

The European Anti-Fraud Office (OLAF) and Romanian Authorities Seize €100,000 Worth of Toxic Products in Joint Operation

(IN BRIEF) The European Anti-Fraud Office (OLAF) collaborated with Romanian authorities in an operation aimed at combating the illicit traffic of toxic products in Tulcea County, Romania. The joint effort resulted in the seizure of 353 liters of insecticide valued … Read the full press release

Bi-Regional Cooperation: H.M. King Felipe VI Welcomes the 15th meeting of the EuroLat Assembly in Madrid from 24th to 27th July, 2023

(IN BRIEF) The Euro-Latin American Parliamentary Assembly (EuroLat) is set to hold its fifteenth meeting in Madrid from 24th to 27th July. The gathering will bring together 75 Members of the European Parliament (MEPs) and 75 representatives from Latin American … Read the full press release

Alarming Figures: 9.3% of EU Population Can’t Afford Adequate Home Heating, European Economic and Social Committee (EESC) Warns

(IN BRIEF) Approximately 42 million people in the European Union (EU) are unable to afford proper heating for their homes, according to the European Economic and Social Committee (EESC). The EESC emphasized the need for the EU to take decisive … Read the full press release

The European Parliament’s Energy Committee Backs Reforms for Stable and Affordable Electricity Prices in the EU

(IN BRIEF) The Energy Committee has backed reforms to create a more affordable and consumer-friendly electricity market. The proposed changes aim to enhance consumer protection against volatile prices, encourage energy investments, and provide safeguards for vulnerable households. The amendments include … Read the full press release

Cyber Resilience Act: Enhanced Cybersecurity Requirements Proposed for Digital Products in the European Union

(IN BRIEF) The European Parliament’s Industry, Research and Energy Committee has approved the Cyber Resilience Act, a legislation aimed at enhancing the security of digital products within the European Union. The act establishes uniform cybersecurity requirements for products with digital … Read the full press release

Acre Impact Capital’s Export Finance Fund Receives $40 Million Backing from EIB for Climate Investment in Africa

(IN BRIEF) The European Investment Bank (EIB) has committed up to $40 million to Acre Impact Capital’s Export Finance Fund I, which aims to accelerate climate infrastructure investment in Africa. The fund focuses on investing in the commercial debt tranches … Read the full press release

EIB Global and Development Bank of North Macedonia (DBNM) Partner to Drive Green Transition in North Macedonian SMEs with €100 Million Investment

(IN BRIEF) The European Investment Bank (EIB) Global and the Development Bank of North Macedonia (DBNM) have joined forces to unlock €100 million of EU investment aimed at promoting the green transformation of small and medium-sized enterprises (SMEs) in North … Read the full press release

Public Hearing Addresses Pesticide Firms’ Compliance with EU Disclosure Requirements

Public Hearing Addresses Pesticide Firms' Compliance with EU Disclosure Requirements

(IN BRIEF) MEPs from the European Parliament’s Environment Committee are conducting a public hearing to examine the disclosure practices of pesticide companies regarding toxicity studies. Recent findings revealed that some firms withheld toxicological studies from EU regulatory authorities, in violation … Read the full press release

Parliamentarians Call for Trade Improvement and Debt Restructuring at EU-CELAC (Community of Latin American and Caribbean States) Summit

Parliamentarians Call for Trade Improvement and Debt Restructuring at EU-CELAC (Community of Latin American and Caribbean States) Summit

(IN BRIEF) The EU and CELAC (Community of Latin American and Caribbean States) have come together to emphasize the importance of multilateralism based on rules in order to ensure peace, human rights, and international security. President Roberta Metsola will represent … Read the full press release

Holcim Advances Net-Zero Agenda with EU Innovation Fund Support for CCUS Projects

(IN BRIEF) Holcim, a global building materials leader, has secured three grants from the EU Innovation Fund for its breakthrough Carbon Capture Utilization and Storage (CCUS) projects in Belgium, France, and Croatia. These grants support Holcim’s efforts to advance the … Read the full press release

European Union’s Global Gateway Initiative Supports Sustainable Projects in South America

(IN BRIEF) The European Investment Bank (EIB) has announced the signing of multiple loans during the European Union-Community of Latin American and Caribbean States (CELAC) Summit of Heads of State and Government. These loans will provide financing for climate action … Read the full press release

European Parliament Pushes for Coordinated Search and Rescue (SAR) Mission to Tackle Mediterranean Crisis

(IN BRIEF) Members of the European Parliament (MEPs) have expressed deep concern over the ongoing loss of lives in the Mediterranean as people attempt to cross the sea. They are urging increased support for national initiatives and the European Border … Read the full press release