Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

John Wood Group PLC Pre-close trading update

Posted on 18, December 2012 by

18-12-2012 — /europawire.eu/ — John Wood Group PLC (“Wood Group”) issues the following pre-close trading update for the year to 31 December 2012. Full year results will be announced on 5 March 2013. Overall, conditions in energy markets remain favourable. The … Read the full press release →

Posted in Business, Energy, Gas & Oil, Financial, Industrial, United Kingdom

The European Union is increasing its support to Tunisia’s disadvantaged neighbourhoods

Posted on 18, December 2012 by

Brussels, 18-12-2012 — /europawire.eu/ — The European Union (EU) has approved a financial assistance programme for Tunisia which aims to rehabilitate 119 poorer neighbourhoods and improve the living conditions of hundreds of thousands of people in those neighbourhoods. Štefan Füle, European Commissioner … Read the full press release →

Posted in Belgium, European Union, Financial, Government, Politics, Society

Swiss National Bank maintains minimum exchange rate

Posted on 18, December 2012 by

Monetary policy assessment of 13 December 2012 Berne, 18-12-2012 — /europawire.eu/ — The Swiss National Bank (SNB) is leaving the minimum exchange rate of CHF 1.20 per euro unchanged. The Swiss franc is still high. An appreciation of the Swiss franc would … Read the full press release →

Posted in Banks, Financial, Investment, Switzerland

Amsterdam University Hospital to be upgraded with EUR 100m EIB support

Posted on 18, December 2012 by

18-12-2012 — /europawire.eu/ — Plans to modernise healthcare facilities and upgrade a dedicated secure power supply at Amsterdam’s main teaching hospital will be supported by a EUR 100m loan from Europe’s long-term lending institution. Refurbishment of the main building of the … Read the full press release →

Posted in Banks, European Union, Financial, Healthcare, Investment, Netherlands

The EIB confirms its role as leading investor in Morocco with new commitment of €420 million for transport and energy infrastructure

Posted on 18, December 2012 by

18-12-2012 — /europawire.eu/ — The EIB confirms its role as the leading investor in Morocco with this new commitment of €420 million for transport and energy infrastructure. This loan follows on from the 2011 decision by the EIB’s Board of Directors … Read the full press release →

Posted in Banks, Business, Energy, Gas & Oil, European Union, Financial, Investment, Transportation & Logistics

Supporting growth and jobs in Greece – Task Force for Greece quarterly report December 2012

Posted on 18, December 2012 by

Brussels, 18-12-2012 — /europawire.eu/ — The Commission’s Task Force for Greece has presented its third quarterly report on technical assistance for Greece. The report describes the assistance provided by the Task Force, the Member States, international organisations and other specialist bodies to … Read the full press release →

Posted in Belgium, Business, Economy, European Union, Financial, Government, Greece, Politics

Fighting tax evasion: stronger EU rules enter into force on 1st January

Posted on 18, December 2012 by

Brussels, 18-12-2012 — /europawire.eu/ — New EU rules which will improve Member States’ ability to assess and collect the taxes that they are due will enter into force on 1 January 2013. The Directive on Administrative Cooperation in the field of taxation … Read the full press release →

Posted in Belgium, European Union, Financial, Government, Law, Society

150 million people benefitted from EU Food Facility, new report shows

Posted on 18, December 2012 by

Brussels, 18-12-2012 — /europawire.eu/ — A new report on the EU’s Food Facility, set up in 2008 to counter the negative effects of the food crisis, show that in three years, the EU has improved the lives of over 59 million people … Read the full press release →

Posted in Agriculture, Belgium, European Union, Financial, Government, Society

New VAT rules to make life easier for businesses from 1st January 2013

Posted on 17, December 2012 by

Brussels, 17-12-2012 — /europawire.eu/ — From 1st January 2013, new EU VAT rules enter into effect, which will make life much simpler for businesses across Europe. First, electronic invoicing will have to be treated the same as paper invoicing, enabling companies to … Read the full press release →

Posted in Belgium, Business, European Union, Financial, Government, Internet & Online, Law, Small Business

Banca MPS: S&P’s lowers ratings

Posted on 17, December 2012 by

17-12-2012 — /europawire.eu/ — Banca Monte dei Paschi di Siena informs that the International ratings agency Standard&Poor’s has lowered BMPS’ ratings. Specifically, the agency revised down its assessment of MPS’ Stand Alone Credit Profile (SACP) to ‘b+’ from ‘bb+’ and its … Read the full press release →

Posted in Banks, Business, Financial, Investment, Italy

Commission to fund top research chairs in less-developed regions

Posted on 17, December 2012 by

Brussels, 17-12-2012 — /europawire.eu/ — Grants of up to €2.4 million will be awarded to universities or research institutions in less developed regions in Europe, under a pilot programme of the European Commission. The aim of the so-called ERA Chairs initiative is … Read the full press release →

Posted in Belgium, Education, European Union, Financial, Government, Investment, Science, Society

Disclosure pursuant to art. 114, paragraph 5, of Legislative Decree no. 98/1998 – “Banca Monte dei Paschi di Siena S.p.A.” 2011/2017 “TassoMisto Cap&Floor BancoPosta, Series 4” bonds

Posted on 17, December 2012 by

17-12-2012 — /europawire.eu/ — Banca Monte dei Paschi di Siena S.p.A. (hereinafter “BMps”) as issuer pursuant to and by effect of Consob communication no. DEM/DME/9053316 of 8 June 2009, in compliance with art. 114, paragraph 5, Legislative Decree no. 58/1998, under … Read the full press release →

Posted in Banks, Business, Financial, Investment, Italy

Saxo Direct API solution with strong 2012 volume and client growth

Posted on 17, December 2012 by

17-12-2012 — /europawire.eu/ — Saxo Bank, the online mulit-asset trading and investment specialist, today announced an increase in monthly average FX volumes of nearly 600% compared to December 2011 on Saxo Direct, its cross-asset API (Application Programming Interface) solution for institutional … Read the full press release →

Posted in Banks, Business, Denmark, Financial, Internet & Online, Investment, Technology

Wienerberger ends external rating by Standard & Poor’s

Posted on 17, December 2012 by

End of cooperation with Standard & Poor’s Rating relationship with Moody’s (Ba2, stable outlook) remains unchanged  Vienna, 17-12-2012 — /europawire.eu/ — After extensive analysis, Wienerberger AG has decided to terminate its corporate rating by Standard & Poor’s (“S&P“). The latest long-term … Read the full press release →

Posted in Austria, Business, Construction, Financial, Industrial

State aid: Commission temporarily approves rescue aid for Italian bank Monte dei Paschi

Posted on 17, December 2012 by

Brussels, 17-12-2012 — /europawire.eu/ — The European Commission has temporarily approved, under EU State aid rules, a €3.9 billion recapitalisation of Italy’s third largest bank Monte dei Paschi di Siena S.p.A (“MPS”) for reasons of financial stability. The measure will enable the … Read the full press release →

Posted in Banks, Belgium, Business, European Union, Financial, Government, Investment, Italy, Law, Society

Single supervisory mechanism is first step to mutualising risk, says Draghi

Posted on 17, December 2012 by

17-12-2012 — /europawire.eu/ — A single supervisory mechanism for banking will restore trust, which is a prerequisite for EU member states to mutualise risk, European Central Bank President Mario Draghi told Economic and Monetary Affairs Committee MEPs on Monday. MEPs generally … Read the full press release →

Posted in Banks, Business, European Union, Financial, Government, Politics

ECB publishes the Euro money market study 2012

Posted on 17, December 2012 by

17-12-2012 — /europawire.eu/ — Today the European Central Bank (ECB) is publishing a biennial report entitled “Euro money market study 2012”, which focuses on euro money market developments during the second quarter of 2012 and compares them with the second quarters … Read the full press release →

Posted in Banks, Business, European Union, Financial, Germany, Government

voestalpine strengthens market position in North America

Posted on 14, December 2012 by

14-12-2012 — /europawire.eu/ — The listed voestalpine Group continues to further expand its market position in North America by undertaking an acquisition in its special steel segment. Böhler-Uddeholm Canada Ltd., a company of voestalpine’s Special Steel Division, acquires the Canadian company … Read the full press release →

Posted in Austria, Business, Electronics & Machinery, Financial, Industrial, Metals and Minerals, Technology

Terrorist finance tracking: citizen’s safeguards are in place

Posted on 14, December 2012 by

Brussels, 14-12-2012 — /europawire.eu/ — More than two years after its entry into force, the Terrorist Finance Tracking Programme (TFTP) and its safeguards have been properly put in place. This is the outcome of the second EU-US review of the implementation of the TFTP, carried out … Read the full press release →

Posted in Belgium, European Union, Financial, Government, Politics, Security & Safety, Society

Tunisia: European Union adopts a new programme of support for democratic transition process

Posted on 14, December 2012 by

Brussels, 14-12-2012 — /europawire.eu/ — The European Union (EU) has approved a new programme for financial assistance to Tunisia that aims to support the ongoing democratic transition process and to implement some of the priorities recently agreed between the European Union and … Read the full press release →

Posted in Belgium, European Union, Financial, Government, Politics, Society