Category Archives: European Union

Press Releases & News from European Union distributed via EuropaWire

EIB Report Calls for Reforms and Financial Support to Boost Nature-Based Solutions in Europe

(IN BRIEF) A report by the European Investment Bank (EIB) highlights the importance of nature-based solutions in building resilient societies in the face of climate change. The report calls for regulatory and subsidy reforms and a more flexible range of … Read the full press release

Migrant Smuggling Ring Brought Down in Multi-Country Operation Coordinated by Eurojust and Europol

(IN BRIEF) A collaborative effort between Eurojust and Europol has led to the successful dismantling of an organized crime group involved in smuggling migrants into Germany. The operation involved authorities from Germany, Romania, Serbia, and Austria. During a joint action … Read the full press release

Hajj Minister meets EU ambassadors to Saudi Arabia

Within the framework of the “Bridges” initiative, the Saudi Minister of Hajj and Umrah, Tawfiq Al Rabiah, met with ambassadors from EU countries in Saudi Arabia (IN BRIEF) The Saudi Minister of Hajj and Umrah, Tawfiq Al Rabiah, held a … Read the full press release

European Investment Bank Grants €6.7 Million to Support Ukrainian Railways Amidst War

(IN BRIEF) The European Investment Bank (EIB) has signed a €6.7 million EU grant agreement with JSC Ukrainian Railways (Ukrzaliznytsia) to support the railway company during Russia’s war against Ukraine. The grant will address the immediate needs of Ukrzaliznytsia as … Read the full press release

InvestEU Program Facilitates Access to Finance for Portuguese SMEs through Caixa Geral de Depósitos and EIF Agreement

(IN BRIEF) Caixa Geral de Depósitos (CGD) and the European Investment Fund (EIF) have signed an agreement to provide up to €378 million in new credit lines for Portuguese small and medium-sized enterprises (SMEs). Supported by the InvestEU program, the … Read the full press release

AkzoNobel Packaging Coatings Responds to BPA Restrictions with Bisphenol-Free Internal Coating Solution for Beverage Can Makers

AkzoNobel Packaging Coatings Responds to BPA Restrictions with Bisphenol-Free Internal Coating Solution for Beverage Can Makers

(IN BRIEF) AkzoNobel Packaging Coatings has introduced a new bisphenol-free internal coating, called Accelshield 700, for beverage can ends. This coating provides can makers with an alternative to traditional coatings containing bisphenol A (BPA) and complies with FDA and EU … Read the full press release

TotalEnergies Advances Methane Emissions Reduction Efforts with Colorado State University Partnership

(IN BRIEF) TotalEnergies is partnering with Colorado State University to develop an international protocol for methane emissions measurements as part of its commitment to reduce methane emissions. The collaboration aims to establish standards for the accuracy and detection limits of … Read the full press release

EBRD Joins Forces with Baltic Nations for MSCI Initiative, Strengthening Investor Appeal

(IN BRIEF) Estonia, Latvia, and Lithuania, in collaboration with the EBRD, EC, and Nasdaq Baltic, are welcoming the MSCI initiative to consolidate their markets into a single index. This integration will raise the region’s profile among international investors who track … Read the full press release

Finalists Announced for EIB Institute’s Social Innovation Tournament 2023

(IN BRIEF) The EIB Institute’s Social Innovation Tournament has announced the 15 finalists for its 2023 edition. These social entrepreneurs, hailing from 10 European countries, were selected from a pool of 284 candidates. Their innovative solutions aim to generate social, … Read the full press release

BNP Paribas Collaborates with EIB Group for the Third Synthetic Securitisation, Boosting Support for French Companies

(IN BRIEF) The European Investment Bank (EIB) Group, in collaboration with BNP Paribas, has launched a synthetic securitisation initiative to support French companies for the third time since 2017. The transaction involves an EIB Group guarantee on an existing loan … Read the full press release

Europe’s Digital Targets at Risk Without Regulatory Action, Warns Vodafone

Vodafone Urges Regulatory Reboot to Safeguard Europe's Digital Future

(IN BRIEF) Vodafone has warned that Europe’s digital future is at risk without a reboot of regulations. The company is calling for decisive action from the European Commission to address challenges in the telecommunications sector and ensure that Europe’s digital … Read the full press release

EIB Group Celebrates International Day Against Homophobia with Commitment to LGBTIQ Rights

(IN BRIEF) The European Investment Bank (EIB) Group is recognizing the International Day Against Homophobia, Transphobia, and Biphobia (IDAHOT) on May 17 during European Diversity Month. The EIB Group reaffirms its commitment to upholding the rights of lesbian, gay, bisexual, … Read the full press release

European Institutions and ILX Management Collaborate to Support Sustainable Development in Emerging Markets

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD), in collaboration with the European Union (EU) and ILX Management, has formed a partnership to enhance private-sector finance in emerging markets. The initiative aims to attract investments of up to … Read the full press release

EBRD and European Commission Join Forces to Enhance Moldova’s Rail Infrastructure

(IN BRIEF) EBRD and the European Commission have approved a financial package to rehabilitate railway lines in Moldova. The €71 million project will receive a €20 million investment grant from the EU, a €23 million loan from EBRD, and €28 … Read the full press release

EIB Group and Santander Launch First Synthetic Securitization Transaction for Energy Efficiency in Portugal

(IN BRIEF) The EIB Group and Santander have signed an agreement to support energy efficiency investments in Portugal through a synthetic securitization transaction. The partnership aims to finance the construction of nearly-zero-emissions buildings and the renovation of existing residential properties … Read the full press release

European Parliament Approves Draft Law to Empower Consumers and Promote Sustainable Products

(IN BRIEF) MEPs approve draft legislation to improve product labelling and durability, and combat misleading claims. The proposal aims to empower consumers in making environmentally friendly choices and encourage companies to offer more sustainable products. The legislation includes banning misleading … Read the full press release

European Parliament Endorses Groundbreaking Rules on AI, Prioritizing Human-Centric Approach

(IN BRIEF) MEPs endorse new rules on Artificial Intelligence, advancing human-centric approach in Europe. The proposed regulations aim to ensure transparency, risk-management, and ethical development of AI systems. MEPs expanded the list of prohibited AI practices, including bans on intrusive … Read the full press release

European Investment Bank Backs Wingcopter’s Pioneering Drone Delivery Technology with €40 Million Investment

(IN BRIEF) The European Investment Bank (EIB) is investing €40 million in Wingcopter, a European drone delivery technology company. Wingcopter’s electrically powered unmanned aircraft have already been successfully used in small-scale commercial and humanitarian projects, including delivering medical supplies in … Read the full press release

Serbian SME Papir Print converts waste gases to energy and installs solar panels with EBRD and EU support

(IN BRIEF) Serbian company Papir Print has invested in a thermal oxidation plant that converts waste gases into heating and cooling energy, as well as a rooftop solar power plant, with the support of the EBRD and the EU. The … Read the full press release

InvestEU-Backed EIF Guarantees to Enable UniCredit Group to Provide Favorable Loans to 2,500 SMEs

(IN BRIEF) The European Investment Fund (EIF) has provided UniCredit Group with two guarantees worth €370 million to support investment by small and medium-sized businesses (SMEs) across seven EU countries. The transactions are backed by InvestEU, the European Union’s long-term … Read the full press release