TARGET2 processed 91% of the total value settled by large-value euro payment systems Value of transactions decreased by 22.2% on account of new data collection methodology Almost 57,000 credit institutions across the world can be addressed via the system Frankfurt … Read the full press release
Posted in Banks, European Union, Financial, Germany, Management
Tagged European Central Bank, Europe’s leading large-value payment system, TARGET2
Strasbourg, France, 22-5-2014 — /EuropaWire/ — The European Ombudsman, Emily O’Reilly, has opened an investigation on her own initiative into respect for fundamental rights in the EU’s “cohesion” policy. The Ombudsman has received many complaints in this area, for example about problems … Read the full press release
LONDON, 22-5-2014 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is investing in the modernisation of Egypt’s railway system with funding that will improve journeys for millions of passengers on the country’s busy trains. A €126 million loan … Read the full press release
Belgrade, 22-5-2014 — /EuropaWire/ — EBRD President Sir Suma Chakrabarti has pledged the Bank’s support to help deal with devastating floods in Serbia as part of a wider response to the disaster that extends to all affected countries. In a meeting with Serbian Prime … Read the full press release
Bălți, Moldova, 22-5-2014 — /EuropaWire/ — Bălți, Moldova’s second biggest city, today celebrated the arrival of a fleet of new trolleybuses financed by a loan from the European Bank for Reconstruction and Development (EBRD) and a grant from the European Union. Environmentally … Read the full press release
Brussels, 22-5-2014 — /EuropaWire/ — Representatives of 26 EU member states¹ today signed an intergovernmental agreement on the transfer and mutualisation of contributions to a single resolution fund that will be established as part of Europe’s banking union. The agreement will complement … Read the full press release
Posted in Banks, European Union, Financial, Management
Tagged bank resolution fund, EU Member States, IGA, intergovernmental agreement, Single Resolution Mechanism, SRM
Brussels, 22-5-2014 — /EuropaWire/ — On the International Day for Biological Diversity today, the Commission is launching a major new initiative to halt biodiversity loss and eradicate poverty in developing countries. The EU Biodiversity for Life (B4Life) flagship initiative is designed to help … Read the full press release
Luxembourg, 22-5-2014 — /EuropaWire/ — The EIB invested an unprecedented EUR 1.37bn in France between 12 and 16 May. Projects supported include the refurbishment of schools, investment in France’s small businesses, a motorway and sustainable public transport initiatives. These will all contribute … Read the full press release
LEMMINKÄINEN HAS AGREED ON AMENDED TERMS OF ITS CREDIT FACILITY AND CONTINUES MEASURES TO STRENGHTEN THE BALANCE SHEET Helsinki, Finland, 21-5-2014 — /EuropaWire/ — Lemminkäinen Corporation agreed on a three-year unsecured syndicated revolving credit facility of EUR 185 million in March 2013. The … Read the full press release
Posted in Business, Construction, Financial, Finland, Management, Technology
Tagged Ilkka Salonen, Katri Sundström, Lemminkäinen
Maroussi, Greece, 21-5-2014 — /EuropaWire/ — 2014-Q1 Highlights: Operational profitability (EBITDA) up 28%. Net profit up 36.5%. Generation of strong cash flows and improvement of the Group’s credit profile. Net borrowing further reduced to €436.9 million, down from €509.7 million in 2013 and … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Greece, Management, Metals and Minerals
Tagged Elli Gardiki, Metallurgy & Mining Sector, MYTILINEOS Group
Annual General Meeting of Shareholders 2014 Mannheim, Germany, 21-5-2014 — /EuropaWire/ — The Annual General Meeting of Shareholders of SAP AG today approved all management proposals for the agenda items. With more than 99% of the votes, the shareholders approved the conversion … Read the full press release
Posted in Business, Financial, Germany, Management, Technology
Tagged and Prof. Dr.-Ing. Dr. Ing. E.h. Klaus Wucherer, Bernard Liautaud, Dr. Eberhard Schipporeit, Dr. h.c. Hartmut Mehdorn, European stock corporation, Jim Hagemann Snabe, Pekka Ala-Pietlä, Ph.D., Prof. Anja Feldmann, Prof. Dr. h.c. mult. Hasso Plattner, Prof. Dr. Wilhelm Haarmann, SAP, SAP shareholders, SE, Societas Europaea
Tübingen: “Further cuts mean shutting down” Tübingen, Germany, 20-5-2014 — /EuropaWire/ — The President, staff council and students at the University of Tübingen are calling on all members to join the statewide day of protest on Wednesday, 21 May, to express their … Read the full press release
Posted in Education, Financial, Germany, Government, Society
Tagged Bernd Engler, Chris Borg, Neue Aula, state government funding cuts, University of Tübingen
Sofia, Bulgaria, 20-5-2014 — /EuropaWire/ — From 19 May 2014, the Bulgarian National Bank releases in circulation a silver commemorative coin ‘Trоyan Monastery’ from the series ’Bulgarian Churches and Monasteries’. It will be sold at the BNB teller desks for BGN … Read the full press release
Eschborn, Deutschland, 20-5-2014 — /EuropaWire/ — Das Joint Venture der Österreichischen Volksbanken-AG (ÖVAG) und der deutschen VR-LEASING Aktiengesellschaft verkauft die VB Leasing Polen sowie die VB Leasing Rumänien an die polnische Getin Holding S.A. Der entsprechende Vertrag wurde heute unterzeichnet. Mit dem … Read the full press release
Posted in Automotive, Business, Financial, Germany, Investment, Management, Poland, Romania
Tagged polnische Getin Holding, VB-Leasing International, VR LEASING
Moscow, Russia, 20-5-2014 — /EuropaWire/ — Rostelecom OJSC (MOEX: RTKM, RTKMP; OTCQX: ROSYY), Russia’s national telecommunications operator, today announces that its Board of Directors has set the date for the 2013 Annual General Meeting of Shareholders (the “AGM”). The Board has … Read the full press release
Posted in Business, Financial, Investment, Management, Russia, Technology, Telecom
Tagged 2, Europe Square, Moscow, Radisson Slavyanskaya Hotel and Business Centre, Rostelecom OJSC
Areas of south west London are most attractive for young aspiring urbanites SW19 in Wimbledon is the most popular postal area for 25 to 44 year olds LONDON, 19-5-2014 — /EuropaWire/ — When it comes to putting down roots, South West … Read the full press release
Posted in Banks, Business, Financial, Real Estate, Society, United Kingdom
Tagged aspiring young professionals, Chris Tuttlebee, Lloyds Bank, Marc Page, Siobhan McCluskey, South West London, Wimbledon
The contemporary art collection of the European Investment Bank (EIB) is presented in the future Money Museum’s exhibition space at Banco de Portugal’s head office, in Lisbon’s historic centre. LISBON, 19-5-2014 — /EuropaWire/ — Within/Beyond Borders occupies part of the former Church … Read the full press release
All syndicates are forecast to deliver profits for the 2012 and 2013 years of account Kiln remains focused on product innovation to address changing risk portfolios Experienced in managing the business through soft market conditions London, 19-5-2014 — /EuropaWire/ — R J … Read the full press release
Posted in Business, Financial, Insurance, Management, United Kingdom
Tagged Charles Franks, Laura Guerin, R J Kiln & Co Limited, Tokio Marine Group
Zurich, 19-5-2014 — /EuropaWire/ — The Swiss National Bank (SNB), the European Central Bank (ECB), the central banks of the euro area (Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, Spain) … Read the full press release
Posted in Austria, Banks, Belgium, Business, Cyprus, Estonia, European Union, Financial, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Luxembourg, Malta, Netherlands, Portugal, Slovakia, Slovenia, Spain
Tagged ECB, fourth gold agreement between central banks, SNB, Swedish Riksbank, the central banks of the euro area, The European Central Bank, The Swiss National Bank
Copenhagen, Denmark, 19-5-2014 — /EuropaWire/ — Saxo Bank, the online multi-asset trading and investment specialist, has announced the addition of six new FX OTC forward outright crosses, increasing the total offering in forwards to 121 pairs. The foreign exchange rate crosses; AUDNOK … Read the full press release
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