Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

State aid: Commission opens in-depth investigation into compensation for Sardinian airports

Brussels, 25-1-2013 — /europawire.eu/ — The European Commission has opened an in-depth investigation to examine whether an Italian scheme granting financial support to certain airport operators in Sardinia and the air carriers operating in these airports is in line with EU state … Read the full press release

“Utility” services: Internal Market MEPs vote for more freedom to choose

Public authorities choosing among bids to supply them with water, energy, postal or transport services must be free to take account of environmental or social needs, and not just the cost, said Internal Market MEPs voting on an update of … Read the full press release

EIB teams up with Europa Nostra to save Europe’s Cultural Heritage

25-1-2013 — /europawire.eu/ — Europe’s leading heritage organisation Europa Nostra has launched today its new flagship programme ‘The 7 Most Endangered’ with the European Investment Bank Group, represented by the EIB Institute, as its founding partner. This programme will identify endangered monuments and sites in Europe … Read the full press release

XAnge et l’IRD entrent au capital de Intent Technologies

Paris, 25-1-2013 — /europawire.eu/ — XAnge Private Equity et IRD annoncent leur entrée au capital de la société Intent Technologies, fournisseur d’une infrastructure de services numériques pour objets connectés dans l’habitat et le bâtiment intelligent pour un montant total de 1 … Read the full press release

State aid: Commission approves compensation for La Banque Postale of France for ensuring banking accessibility

Brussels, 25-1-2013 — /europawire.eu/ — The European Commission has found that public financing granted by France to the French bank La Banque Postale from 2009 to 2014 in order to improve banking accessibility are in line with EU state aid rules. In … Read the full press release

UK: Household costs rise by £4,000 in a year for UK families

UK Families Report Spending £331 More Per Month Since November 2011 Marginal rise in incomes outweighed by mounting expenses Families prioritise spending and make efforts to increase savings Unsecured debts peak at £11,101 as more families rent or live with … Read the full press release

Mehr als 97 % der Pronova-Aktionäre nehmen BASF-Angebot für Pronova BioPharma an

Erhöhtes freiwilliges Barangebot erfolgreich  Squeeze-out-Verfahren wird vorbereitet  Abschluss der Transaktion im ersten Quartal erwartet 24-1-2013 — /europawire.eu/ — Am 18. Januar 2013, 16:30 Uhr MEZ, ist die verlängerte Frist für das freiwillige Barangebot der BASF [Frankfurt: BAS, LSE: BFA, SWX: AN] an … Read the full press release

Studia Monetaria lectures for the general public at the Bank of Finland Museum, spring 2013

24-1-2013 — /europawire.eu/ — The Studia Monetaria lecture series will continue in the spring of 2013. The lectures deal with the Bank of Finland’s and the Financial Supervisory Authority’s (FIN-FSA) operational sectors and history. The lectures are given by leading … Read the full press release

EUR 200m from EIB to support 23 Water Investment Projects across Ireland

24-1-2013 — /europawire.eu/ — The European Investment Bank loan will provide €200 million to support improvements in Ireland’s Water Services Investment Programme (WSIP) by financing 23 projects in Dublin and 10 counties around the country to provide new water mains, water … Read the full press release

Sweden: Water technologies: EIB supports R&D activities of Xylem with EUR 120m loan

24-1-2013 — /europawire.eu/ — The European Investment Bank (EIB) has granted a loan of EUR 120m to Xylem for research, development and innovation activities in the water industry. The R&D project supported will be carried out at the company’s R&D centres … Read the full press release

Pertti Ukkonen appointed as the Bank of Finland’s Head of Internal Audit

24-1-2013 — /europawire.eu/ — Pertti Ukkonen, MSc (Econ.) 52, has been appointed Head of Internal Audit at the Bank of Finland. The appointment is for a five-year term. The Head of Internal Audit manages the Internal Audit unit, which is … Read the full press release

UK: Birth to two years is most financially stressful time for parents

Money worries mean giving up luxuries and saving for the future Having children prompts people to address their personal debts Pester power rears its head as children reach 11 to 15 years of age 24-1-2013 — /europawire.eu/ — A new study … Read the full press release

Aviva plc – Sale of stake in Malaysian joint venture

23-1-2013 — /europawire.eu/ — Aviva plc (“Aviva”) announces that it has reached agreement to sell its 49% interest in CIMB Aviva Assurance Berhad and CIMB Aviva Takaful Berhad (together “CIMB-Aviva”) to Sun Life Assurance Company of Canada (“SLA”), a subsidiary of … Read the full press release

Speech – The role of pension funds in active ageing and solidarity between generations

László ANDOR – European Commissioner responsible for Employment, Social Affairs and Inclusion Conference on “The Role of Pension Funds in Active Ageing and Solidarity between Generations” / Brussels Brussels, 23-1-2013 — /europawire.eu/ — Ladies and gentlemen, I am grateful for the chance … Read the full press release

EXOR: Nominato il rappresentante comune degli azionisti titolari di azioni privilegiate

Torino, 23-1-2013 — /europawire.eu/ — Nominato il rappresentante comune degli azionisti titolari di azioni privilegiate L’Assemblea degli Azionisti titolari di azioni privilegiate EXOR, riunitasi oggi a Torino, ha nominato Oreste Cagnasso rappresentante comune degli azionisti titolari di azioni privilegiate per i prossimi … Read the full press release

Eurogroup statement on Greece

23-1-2013 — /europawire.eu/ — The Eurogroup notes with satisfaction that the MoU milestones for January, agreed between Greece and the Troika, have been achieved. In particular, an income tax reform has been adopted and end user electricity prices for low-voltage customers … Read the full press release

Funding gap for nuclear decommissioning in Bulgaria, Lithuania and Slovakia

23-1-2013 — /europawire.eu/ — Defects in the EU’s nuclear decommissioning programmes in Bulgaria, Lithuania and Slovakia include cost overruns, delays, lack of coordination and supervision, diffused responsibilities, too much money going to unrelated energy projects and ill-informed priority setting, say Budgetary … Read the full press release

Aviva and Tesco Bank agree three-year deal on private motor insurance

23-1-2013 — /europawire.eu/ — Aviva,  the UK’s largest insurer, has agreed a three-year deal with Tesco Bank, the insurance distribution arm of the global supermarket chain, Tesco, to provide private motor insurance to Tesco customers. The deal will see Aviva … Read the full press release

Financial transaction tax: Council agrees to enhanced cooperation

Brussels, 23-1-2013 — /europawire.eu/ — The Council today¹ adopted a decision authorising 11 member states to proceed with the introduction of a financial transaction tax (FTT) through “enhanced cooperation” (16977/12). The 11 countries are Belgium, Germany, Estonia, Greece, Spain, France, Italy, Austria, Portugal, … Read the full press release

EXOR S.p.A. Calendario eventi societari 2013

Torino, 23-1-2013 — /europawire.eu/ — Si comunica il calendario degli eventi societari previsti per il 2013: 16 aprile 2013: Consiglio di Amministrazione di EXOR S.p.A. per l’approvazione del bilancio consolidato e del progetto di bilancio separato al 31 dicembre 2012 10 maggio … Read the full press release