Category Archives: European Union

Press Releases & News from European Union distributed via EuropaWire

EU Co-Finances E.ON-Led DRIVE-E Project to Boost Charging Infrastructure Across 13 European Countries

(IN BRIEF) The EU will co-finance the installation of 1,400 new charging points across Europe, with 430 dedicated to heavy-duty electric trucks, as part of the DRIVE-E Global project. This €45 million initiative, led by E.ON, aims to strengthen Europe’s … Read the full press release

Reuters webinar: Omnibus regulation Reuters post-analysis

(IN BRIEF) Reuters Events will host a webinar on February 27, 2025, titled “The Impacts of the EU Omnibus Regulation – A Post-Announcement Analysis,” focusing on the changes brought about by the Omnibus Simplification Package in sustainability reporting. The event, … Read the full press release

2Africa Subsea Cable Reaches Crete, Marking a Major Milestone for Global Connectivity

(IN BRIEF) Vodafone Greece’s cable landing station at Tympaki, Crete, has received the 2Africa subsea cable, the world’s largest cable system. The system promises to enhance internet speed and reliability in Greece, while the broader 2Africa project, launched in 2020, … Read the full press release

Eurojust-Backed Investigation Leads to Major Crackdown on Drug Trafficking in Norway and Denmark

(IN BRIEF) A cooperative effort between Norwegian and Danish authorities, supported by Eurojust, has resulted in over 1,000 years of prison sentences for 152 drug traffickers, dismantling a major cross-border criminal network. From 2019 to 2024, Eurojust facilitated a joint … Read the full press release

EIF Launches €200M Green Private Credit Fund to Drive Sustainability and Support Women Entrepreneurs in Europe

(IN BRIEF) The European Investment Fund (EIF) has launched the Green Private Credit fund, aimed at advancing Europe’s green transition and decarbonizing small and medium-sized enterprises (SMEs). The fund, with a target size of EUR 200 million, will generate up … Read the full press release

EIB Invests €15 Million to Support SME Growth and Gender Inclusion in Africa through IPAE 3 Fund

(IN BRIEF) The European Investment Bank (EIB) has committed €15 million to the I&P Afrique Entrepreneurs 3 (IPAE 3) fund, aimed at supporting small and medium-sized enterprises (SMEs) across Africa. The initiative, which focuses on key sectors like agriculture, health, … Read the full press release

EIB and BNP Paribas Partnership to Drive €8 Billion Investment in Europe’s Wind Energy Sector

(IN BRIEF) BNP Paribas and the European Investment Bank (EIB) have announced a partnership to inject up to €8 billion into the European wind energy sector. With a €500 million counter-guarantee from the EIB, BNP Paribas will back wind farm … Read the full press release

EIB Global, UNDP, and EU Delegation Drive Green Transition Financing in Serbia

(IN BRIEF) EIB Global, alongside the UNDP, the EU Delegation to Serbia, the Ministry of Environmental Protection, and the Association of Serbian Banks, co-hosted a conference to promote green transition financing in Serbia. The event emphasized the importance of establishing … Read the full press release

EIB President Reaffirms EU’s Commitment to Ukraine with €420 Million in Support for Infrastructure and Energy Projects

(IN BRIEF) EIB President Nadia Calviño led a delegation on her first visit outside the EU to Ukraine, reaffirming the EU’s long-term commitment to supporting the country’s recovery. The EIB announced €420 million in funding under the EU’s €50 billion … Read the full press release

Baltic States Achieve Historic Electricity Grid Synchronization with Europe, Boosting Energy Security

(IN BRIEF) Estonia, Latvia, and Lithuania have successfully synchronized their electricity grids with the European Continental European Network, marking a significant step in their energy independence from Russia and Belarus. This achievement, celebrated as “Energy Independence Day,” strengthens the region’s … Read the full press release

ENTSO-E Marks Successful Synchronization of Baltic States’ Electricity Grids with Continental Europe

(IN BRIEF) On February 9, 2025, Estonia, Latvia, and Lithuania successfully synchronized their electricity systems with Continental Europe’s electricity grid, marking a historic achievement for the Baltic States and Europe. The synchronization improves energy security and independence for the region, … Read the full press release

EIB Approves PLN 1 Billion Loan to Support Sustainable Urban Projects Across Polish Cities

(IN BRIEF) In 2024, the European Investment Bank (EIB) approved over PLN 1 billion (around €274 million) to support sustainable urban development in Polish cities, including Kielce, Radom, Rybnik, and Chorzów. This financing aims to improve urban infrastructure, transport systems, … Read the full press release

HØST PtX Esbjerg Secures EUR 13 Million DEVEX Grant to Advance Danish-German Hydrogen Economy

(IN BRIEF) The HØST PtX Esbjerg project has been awarded up to EUR 13 million in DEVEX funding by the European Climate, Infrastructure and Environment Executive Agency (CINEA). This funding will support technical studies and front-end engineering design (FEED) work … Read the full press release

AstraZeneca’s Imfinzi Recommended for EU Approval as Breakthrough Treatment for Limited-Stage Small Cell Lung Cancer

(IN BRIEF) AstraZeneca’s Imfinzi (durvalumab) has received a positive recommendation from the European Medicines Agency’s Committee for Medicinal Products for Human Use (CHMP) for approval as a monotherapy to treat limited-stage small cell lung cancer (LS-SCLC) in patients whose disease … Read the full press release

EIB Global Partners with Ameriabank to Strengthen Armenia’s Private Sector with €105 Million Loan

(IN BRIEF) EIB Global has granted a €105 million loan to Ameriabank, marking its largest direct loan to a bank in the South Caucasus. The loan aims to support the growth of Armenia’s private sector by providing affordable financing to … Read the full press release

GSK and ViiV Healthcare Secure European Commission Approval for Long-Acting HIV Treatment for Adolescents

(IN BRIEF) ViiV Healthcare has secured European Commission approval for its long-acting HIV treatment, Vocabria + Rekambys, for adolescents aged 12 and older. This approval offers a significant advancement in HIV care, providing an injectable treatment option that reduces the … Read the full press release

EIB Global Appoints Miha Švent as New Representative for Bosnia and Herzegovina to Strengthen Sustainable Development and EU Integration

(IN BRIEF) EIB Global has appointed Miha Švent as its new representative for Bosnia and Herzegovina, focusing on sustainable development, climate action, and energy security. The bank has already invested over €3.5 billion in strategic projects, strengthening BiH’s EU integration … Read the full press release

EIB Advises Greek Regions on Green Transition and Lignite Phase-Out with €2.75 Million Fund

(IN BRIEF) The European Investment Bank (EIB) will provide advisory support to five Greek regions to facilitate their transition from lignite-based energy production to sustainable, renewable energy sources. Through a €2.75 million technical assistance fund, the EIB aims to promote … Read the full press release

METLEN Partners with HSGME to Enhance Raw Material Security and Sustainability for Aluminium of Greece

(IN BRIEF) METLEN and HSGME have launched a partnership to improve raw material supply security for Aluminium of Greece, focusing on sustainable mining practices and advanced technologies like AI to optimize exploration. The collaboration will promote local economic growth, responsible … Read the full press release

Sanofi’s Sarclisa Becomes First Anti-CD38 Therapy Approved in the EU for Front-Line Treatment of Transplant-Ineligible Multiple Myeloma

(IN BRIEF) Sanofi’s Sarclisa has been approved by the European Union as the first anti-CD38 therapy in combination with VRd to treat adult patients with newly diagnosed multiple myeloma who are ineligible for autologous stem cell transplant. This approval is … Read the full press release