Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Mit den Anlagekonten der SparBox bietet die BAWAG P.S.K. die perfekten Lösungen für Flexibilität, kleine Notfälle und große Wünsche

Anlagekonto FLEX – das täglich fällige Geld, ist variabel verzinst und bietet höchste Flexibilität durch 24h Verfügbarkeit über eBanking und Bankomat Anlagekonto FIX – erfüllt große und kleine Wünsche: mit attraktiver fixer Verzinsung für fixe, frei wählbare Laufzeiten 14-12-2012 — /europawire.eu/ — Ab 3. … Read the full press release

Mario Draghi Interview with Financial Times

Mario Draghi, President of the European Central Bank, spoke to Lionel Barber, Financial Times editor, and Michael Steen, Frankfurt bureau chief, in Frankfurt on 11 December 2012 and published on 14 December 2012. The following is an edited transcript of the interview. 14-12-2012 … Read the full press release

Renewed EU financial support to reforms in the former Yugoslav Republic of Macedonia

Brussels, 14-12-2012 — /europawire.eu/ — The European Commission has earmarked €56 million to support reforms in the former Yugoslav Republic of Macedonia that are key for its EU accession process, including in the justice system, the economy, the agricultural sector and the … Read the full press release

Remarks by President Van Rompuy following the first session of the European Council

Brussels, 14-12-2012 — /europawire.eu/ —   This is a good week for the European Union, a week to be remembered. On Monday we were in Oslo. This morning the Finance Ministers agreed on a Single Supervisory Mechanism for banks, and a decision … Read the full press release

Haushaltsplan 2013: ZDF startet mit Sparprogrammen in neue Beitragsperiode

Mainz, 14-12-2012 — /europawire.eu/ —  ZDF-Intendant Dr. Thomas Bellut hat dem Fernsehrat den Haushaltsplan 2013 vorgestellt. Der Sender plant für das kommende Jahr mit rückläufigen Einnahmen in Höhe von 2.010 Millionen Euro. Ursache hierfür sind geringere Umsätze bei der Werbung wegen … Read the full press release

European Council conclusions on completing EMU¹

adopted on 14 December 2012 Brussels, 14-12-2012 — /europawire.eu/ — Roadmap for the completion of EMU 1. In the light of the fundamental challenges facing it, the Economic and Monetary Union needs to be strengthened to ensure economic and social welfare as … Read the full press release

Final EU pre-accession funding to help Croatia become a successful EU Member State

Brussels, 14-12-2012 — /europawire.eu/ — The European Commission has approved the last pre-accession and transition assistance programme for Croatia. The €46,8 million programme will focus on strengthening administrative capacity for an efficient justice system and the protection of fundamental rights. The funding … Read the full press release

The Lagardère group welcomes the multi-party agreement that has been signed, clearing the way for EADS’ governance and shareholding structure to be streamlined

14-12-2012 — /europawire.eu/ — The Lagardère group welcomes the multi-party agreement(1) that has been signed, clearing the way for EADS’ governance and shareholding structure to be streamlined. According to this agreement, Lagardère is assured of conditions enhancing the liquidity of its stake … Read the full press release

Ad-hoc release: EADS Governance and Shareholding Structure Receives Far-Reaching Overhaul

Present shareholder pact expected to be replaced by a normal company governance scheme Daimler AG and Lagardère SCA to largely reduce their stakes, Germany and France intending to ultimately hold up to 12% each, Spain circa 4% EADS intends to … Read the full press release

Taxation: Clarifying EU rules on car taxes

Brussels, 14-12-2012 — /europawire.eu/ — Today the Commission presented a Communication clarifying EU rules on car taxation and recommending measures to strengthen the Single Market in this area. The aim is to minimize the problems encountered by citizens and businesses moving cars … Read the full press release

Nanostart opens regional office for Deutscher Verband Nanotechnologie in Frankfurt

Frankfurt am Main / Saarbrücken, 13-12-2012 — /europawire.eu/ —  Nanotechnology venture capital company Nanostart AG is opening a Frankfurt regional office for Deutscher Verband Nanotechnologie (DV Nano) at its headquarters in the German financial capital. The official documents have been signed by … Read the full press release

RECOVERY AND RESOLUTION OF CREDIT INSTITUTIONS: EESC MAKES CONCRETE PROPOSALS FOR ADEQUATE IMPLEMENTATION

The financial crisis has shown that national authorities are not fully equipped to deal with failures of banks that operate in today’s global markets. Between October 2008 and October 2011, governments injected EUR 4.5 trillion (37% of EU GDP) of … Read the full press release

Alexander von Humboldt Foundation: 500,000 EUR in additional funding for research in Africa

Sponsorship made possible by the Neville Alexander Memorial Fund 13-12-2012 — /europawire.eu/ — To strengthen collaboration between outstanding African and German academics, the Alexander von Humboldt Foundation has initiated the “Neville Alexander Memorial Fund” with funding from the Federal Ministry of … Read the full press release

ECB President Mario Draghi welcomes the agreement on the SSM

13-12-2012 — /europawire.eu/ — Mario Draghi, President of the European Central Bank (ECB), welcomes the agreement on the Single Supervisory Mechanism (SSM) reached by the ECOFIN in unanimity. The agreement marks an important step towards a stable economic and monetary union, … Read the full press release

Danone prepares a plan to generate savings and regain its competitive edge in Europe

Paris, 13-12-2012 — /europawire.eu/ — To address a lasting downturn in the European economy and consumer trends that have led to a significant decline in its sales in the region, Danone is preparing a cost reduction and adaptation plan to win back … Read the full press release

ECB extends the existing swap arrangements with other central banks

13-12-2012 — /europawire.eu/ — The Bank of Canada, the Bank of England, the European Central Bank, the Federal Reserve and the Swiss National Bank are today announcing an extension of the existing temporary US dollar liquidity swap arrangements until 1 February 2014. Previously, … Read the full press release

Humboldt Fellows at LMU

13-12-2012 — /europawire.eu/ — The year 2012 has seen a steady stream of Humboldt Fellows arrive at LMU Munich to work on research projects in collaboration with LMU faculty members. The Fellowship Program sponsored by the Alexander von Humboldt Foundation enables … Read the full press release

Eurogroup Statement on Greece

13-12-2012 — /europawire.eu/ — The Eurogroup formally approved the second disbursement under the second economic adjustment programme for Greece, following the finalisation of the relevant national procedures and after having reviewed the outcome of the debt buy back operation conducted by … Read the full press release

ZDF: Jugendkanal nur mit Auftrag und angemessener Finanzierung

Mainz, 13-12-2012 — /europawire.eu/ — Intendant Dr. Thomas Bellut hat vor dem Fernsehrat in Mainz die Position des ZDF zu einem öffentlich-rechtlichen Jugendkanal erläutert. Bellut: “Wenn ein spezielles Angebot für junge Menschen einen messbaren und nachhaltigen Effekt haben soll, dann muss dafür … Read the full press release

Council agrees position on bank supervision

Brussels, 13-12-2012 — /europawire.eu/ — The Council today¹ set out its position on two proposals aimed at establishing a single supervisory mechanism (SSM) for the oversight of credit institutions. Agreement in the Council will enable the presidency to negotiate with the European Parliament with … Read the full press release