Category Archives: European Union

Press Releases & News from European Union distributed via EuropaWire

EU Financial Instruments and Policy Reforms Set to Propel Croatia’s Competitiveness Amid Regulatory and Digital Gaps

(IN BRIEF) In 2024, Croatia’s economy grew steadily, fueled by significant EU funds, the adoption of the euro, and robust financial support from instruments like EFSI and InvestEU. However, major challenges persist, including a high percentage of exporters (84%) facing … Read the full press release

EIB Group Sets Record with €1.24 Billion in New Financing for Sustainable Infrastructure and Innovation in Croatia

(IN BRIEF) In 2024, the European Investment Bank (EIB) Group achieved a record €1.24 billion in new financing in Croatia, up from €464 million in 2023. This financing, accounting for 1.4% of Croatia’s GDP, includes €937 million from the EIB … Read the full press release

SES, EIB Global, and the EU Commission Launch €60 Million Initiative to Bridge the Digital Divide in Central Asia

(IN BRIEF) EIB Global, in collaboration with the European Commission and SES, is launching a major satellite broadband initiative aimed at transforming connectivity in Central Asia. With a combined financial package of a €34.4 million EU grant and a €25.45 … Read the full press release

EIB Global Invests €25 Million to Modernize Air Navigation in Serbia and Montenegro, Boosting Efficiency and Sustainability

(IN BRIEF) The European Investment Bank (EIB Global) has committed €25 million to upgrade the air navigation control system in Serbia and Montenegro, a project aimed at enhancing safety, efficiency, and environmental performance. This investment will fund the development of … Read the full press release

METLEN Group Celebrates Third Year of Global Sustainability Accolades in Emerging Markets

(IN BRIEF) For the third consecutive year, METLEN Group has once again been recognized for its excellence in sustainability, being named in both the Dow Jones Best in Class Emerging Markets Sustainability Index and the S&P Global Sustainability Yearbook. This … Read the full press release

Groundbreaking InflammAge Biomarker Revolutionizes Non-Invasive Aging and Inflammation Assessment

(IN BRIEF) A collaborative study led by Bayer and Hurdle, in partnership with top academic institutions including the University of Birmingham and the University of Edinburgh, has introduced and validated InflammAge—a novel, non-invasive saliva-based biomarker that quantifies systemic chronic inflammation, … Read the full press release

€150 Million Investment Propels Málaga Metro Extension to Boost Urban Mobility and Sustainability

(IN BRIEF) The European Investment Bank and the Junta de Andalucía have secured a €150 million financing deal to extend Málaga Metro line 2, connecting Guadalmedina with the future Hospital Civil de Málaga station. This project includes the construction of … Read the full press release

Norway Fuels Ukraine’s Green Rebuild with NOK 180 Million Investment in Energy-Efficiency Projects

(IN BRIEF) Norway has allocated NOK 180 million (around EUR 16 million) through Nefco to drive Ukraine’s green recovery and reconstruction efforts by funding energy-efficiency projects that renovate schools, hospitals, and wastewater facilities, as well as by installing solar energy … Read the full press release

EIB, SEB, and Luminor Propel Estonia’s Renewable Energy Ambitions with €62 Million Solar Park Investment

(IN BRIEF) A consortium led by the European Investment Bank in partnership with SEB and Luminor has provided €62 million to Sunly for a new 244 MW solar park in Risti, Estonia. Expected to be the Baltics’ largest photovoltaic facility … Read the full press release

Pavel Zeman Begins Second Term as Czech National Member at Eurojust

(IN BRIEF) Pavel Zeman has officially taken up his role as the new National Member for the Czech Republic at Eurojust, succeeding Lukáš Starý. This marks his second term at the agency, having previously served as the country’s first National … Read the full press release

EIB Expands Sustainability Awareness Bond Framework to Promote Gender Equality and Women’s Empowerment

(IN BRIEF) The European Investment Bank has extended its Sustainability Awareness Bond framework to include gender equality and women’s economic empowerment, aiming to fund global projects that advance women’s access to finance, entrepreneurship, and gender equality. This initiative highlights the … Read the full press release

EIB Launches €150 Million Initiative to Empower Women Entrepreneurs in Spain’s Pharmacy Sector

(IN BRIEF) The European Investment Bank has committed €150 million to a pioneering financing initiative exclusively supporting women entrepreneurs in Spain’s pharmacy sector. The investment, delivered through a covered bond issued by CBNK—a bank formed by the merger of Banco … Read the full press release

Carmeuse CEO Highlights Need for Stronger EU Regulations to Support Decarbonation of Hard-to-Abate Sectors at Clean Industrial Deal Event

(IN BRIEF) At the one-year anniversary of the Antwerp Declaration, 400 industry leaders gathered in Antwerp to discuss the Clean Industrial Deal with EU Commission President Ursula von der Leyen and other key Commissioners. Tim Van den Bossche, CEO of … Read the full press release

EIB Invests €350 Million with INWIT to Boost Digital Connectivity and Mobile Coverage Across Italy

(IN BRIEF) The European Investment Bank (EIB) has granted €350 million to INWIT to support the expansion of digital telecommunications infrastructure across Italy, improving mobile coverage, especially in rural areas. The investment will fund the development of both macro-grid infrastructure … Read the full press release

EIB Group Invests €121 Million to Boost Green Mortgages and Energy Efficiency in Spain’s Real Estate Sector

(IN BRIEF) The EIB Group has committed €121 million to a synthetic securitisation operation with Santander, aiming to mobilize €163 million to promote green loans in Spain’s residential real estate market. This collaboration will support energy efficiency and sustainability projects, … Read the full press release

ECOWAS Bank and European Investment Bank Launch €100 Million Partnership to Drive Climate Action in West Africa

(IN BRIEF) The ECOWAS Bank for Investment and Development (EBID) and the European Investment Bank (EIB), with support from the European Union (EU), have launched a €100 million partnership aimed at addressing climate action and environmental sustainability challenges in the … Read the full press release

PQC4eMRTD Project Launched to Safeguard Electronic Travel Documents Against Quantum Computing Threats

(IN BRIEF) The PQC4eMRTD (Post-Quantum Cryptography for electronic Machine-Readable Travel Documents) project officially launched today, backed by the European Union under the Digital Europe Programme. The two-year initiative is designed to address the security challenges of quantum computing by promoting … Read the full press release

EIF Invests €25 Million in IPR.VC Fund III to Strengthen Europe’s Film and TV Production Sector

(IN BRIEF) The European Investment Fund (EIF) has committed €25 million to IPR.VC Fund III, a Finnish-based initiative focused on financing high-quality European films and TV series. This investment will help attract further financial backers to the fund, which aims … Read the full press release

EIF Commits SEK 225 Million to Behold Ventures to Fuel Nordic Gaming Industry Growth

(IN BRIEF) The European Investment Fund (EIF) has pledged SEK 225 million (approximately €20 million) to Behold Ventures, a Swedish venture capital fund, to support early-stage game developers in Denmark, Finland, Iceland, Norway, and Sweden. This commitment, which marks the … Read the full press release

EPP Group Supports Omnibus Business Simplification to Drive Growth and Reduce Bureaucratic Barriers

(IN BRIEF) The EPP Group has voiced strong support for the upcoming Omnibus business simplification initiative, emphasizing the urgent need for economic growth and job creation in Europe. With a focus on cutting unnecessary bureaucratic obstacles, the group aims to … Read the full press release