Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

EU takes key step to provide legal certainty for investors outside Europe

Posted on 13, December 2012 by

Brussels, 13-12-2012 — /europawire.eu/ — The European Commission today welcomes the adoption by the European Parliament and Council of new legislation on bilateral investment agreements. This is a key step in respect of foreign direct investment, which has become an exclusive EU … Read the full press release →

Posted in Belgium, Business, European Union, Financial, Government, Investment, Law

Tagged , , ,

Journée Investisseurs consacrée à Elis et Foncia

Posted on 13, December 2012 by

Eurazeo organise aujourd’hui une journée dédiée à Elis, leader européen de la location entretien de linge et d’habillement professionnel, et à Foncia, leader européen des services à l’habitat, sociétés qu’elle détient respectivement à hauteur de 82,6 % et 33,8 %. … Read the full press release →

Posted in Business, Financial, France

EU scales up humanitarian aid for Sudan and South Sudan by €30 million

Posted on 13, December 2012 by

Brussels, 13-12-2012 — /europawire.eu/ — Due to the rapidly deteriorating humanitarian situation in Sudan and South Sudan, the European Commission is boosting its humanitarian assistance by €30 million for both countries. The main concern is the ever increasing number of refugees and … Read the full press release →

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

Tagged , , , , , , ,

EP leaders slam “useless” EU summitry ahead of European Council

Posted on 13, December 2012 by

13-12-2012 — /europawire.eu/ — MEPs on Wednesday criticised the “summitry” with which EU leaders are attempting to build economic and monetary union, saying that it was leading nowhere and was far removed from the spirit and ambition which won the EU … Read the full press release →

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

Parliament confirms deal on 2012 and 2013 budget package

Posted on 13, December 2012 by

13-12-2012 — /europawire.eu/ — Six billion Euros to pay bills in 2012, priority for growth and jobs in next year’s budget and a strategy for dealing with payment shortfalls in 2013 – these are the main parts of the budget package … Read the full press release →

Posted in European Union, Financial, Government, Investment, Politics

INSEAD Unveils Results of Study at Heart of the Debates at the 7th “Etats de la France” entitled “Reconciling Competitiveness and Justice”

Posted on 13, December 2012 by

Study carried out by INSEAD shows why economic recovery and equity need not be antinomic Abu Dhabi, Fontainebleau and Singapore, 13-12-2012 — /europawire.eu/ — INSEAD, the leading international business school revealed today the results of a report, developed by Bruno Lanvin, Executive … Read the full press release →

Posted in Business, Economy, Education, Financial, France, Investment, Management, Science, Society

CoR call for improvements to the planning and management of Structural Funds

Posted on 13, December 2012 by

Brussels, 13-12-2012 — /europawire.eu/ — The Committee of the Regions (CoR) is working to contribute to the shaping of the regulations for the 2014-2020 cohesion policy. The main objective is to make it more simple, effective and synergic with the Europe 2020 … Read the full press release →

Posted in Belgium, European Union, Financial, Government, Investment, Management

Tagged , ,

Druga szansa dla uczciwych przedsiębiorstw: Komisja proponuje nowoczesne prawo upadłościowe

Posted on 13, December 2012 by

Strasburg, 13-12-2012 — /europawire.eu/ — Dla przedsiębiorstw, które ucierpiały wskutek kryzysu gospodarczego, „deską ratunku” będzie propozycja unowocześnienia europejskiego prawa dotyczącego transgranicznych postępowań upadłościowych. Komisja Europejska przedstawiła dziś projekt dający „drugą szansę” firmom, które w normalnych warunkach byłyby rentowne. Komisja proponuje uaktualnić obecne przepisy … Read the full press release →

Posted in Business, European Union, Financial, France, Government, Law, Small Business

Mergers: Commission welcomes General Court judgment in Electrabel case

Posted on 13, December 2012 by

Brussels, 13-12-2012 — /europawire.eu/ — The European Commission welcomes today’s judgment by the General Court (GC) which fully dismissed Electrabel’s appeal of a Commission decision of June 2009 fining Electrabel €20 million for acquiring control over Compagnie Nationale du Rhône without prior … Read the full press release →

Posted in Belgium, Business, Energy, Gas & Oil, European Union, Financial, Government, Law

Tagged , , , ,

Eleven EU countries get Parliament’s all clear for a financial transaction tax

Posted on 13, December 2012 by

13-12-2012 — /europawire.eu/ — Eleven EU countries planning to introduce a financial transaction tax (FTT) won a resounding go-ahead from MEPs on Wednesday. Together, they account for 90% of Eurozone GDP. MEPs have long advocated an FTT to make financial market … Read the full press release →

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

Giving honest businesses a second chance: Commission proposes modern insolvency rules

Posted on 13, December 2012 by

Strasbourg, 13-12-2012 — /europawire.eu/ — Businesses hit by the economic crisis will be thrown a lifeline under a new proposal from the European Commission today to modernise Europe’s rules on cross-border business insolvency, helping to give otherwise viable businesses a ‘second chance’. … Read the full press release →

Posted in Business, European Union, Financial, France, Government, Law, Politics

Tagged , , , ,

PSA Peugeot Citroën Restructuring Plan: End of the consultation period on the economic chapter and continuation of negotiations on the support measures

Posted on 13, December 2012 by

Paris, 12-12-2012 — /europawire.eu/ — A summary review of the SECAFI audit report on the Group’s restructuring plan was presented yesterday to management and the members of the Central Works Council during a special meeting. Following the meeting, the Central Works Council … Read the full press release →

Posted in Automotive, Business, Financial, France

CoR welcomes State Aid reform and calls for wider flexibility for regions

Posted on 13, December 2012 by

Brussels, 12-12-2012 — /europawire.eu/ — The reform of the EU State Aid regime was among the key issues discussed on 7 December by the Committee of the Regions’ (CoR) Commission for Territorial Cohesion Policy (COTER) and in a bilateral meeting between the … Read the full press release →

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

Tagged ,

Post-conflict West African power networks get EUR 75m European support

Posted on 12, December 2012 by

12-12-2012 — /europawire.eu/ — Separate power networks in West Africa are set to be joined following a new regional electricity project backed by the European Investment Bank. Work to link power systems of Ivory Coast, Liberia, Sierra Leone and Guinea will … Read the full press release →

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

ADVERTENCIA AL PÚBLICO DE ENTIDAD NO REGISTRADA EN SUPERVISORES INTERNACIONALES

Posted on 12, December 2012 by

12-12-2012 — /europawire.eu/ — La Comisión Nacional del Mercado de Valores (CNMV) hace públicas las advertencias recibidas a través de los supervisores de los mercados de Portugal y Reino Unido. El supervisor portugués informa de que AWI FINANCIAL (WWW.AWIFINANCIAL.COM) no es … Read the full press release →

Posted in Business, European Union, Financial, Government, Investment, Law

ESMA finalises guidelines on repo arrangements for UCITS funds

Posted on 12, December 2012 by

12-12-2012 — /europawire.eu/ — The European Securities and Markets Authority (ESMA) has today published its final guidelines on repurchase and reverse repurchase agreements for UCITS funds. The guidelines state that UCITS should only enter into such agreements if they are able … Read the full press release →

Posted in Banks, Business, European Union, Financial, Government, Investment, Law

ECB publishes consolidated banking data for end-June 2012

Posted on 12, December 2012 by

12-12-2012 — /europawire.eu/ — Today the European Central Bank (ECB) is publishing the June-2012 Consolidated Banking Data (CBD), a data set that provides various statistics about the EU banking system on consolidated basis. It includes statistics on both individual EU Member … Read the full press release →

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

Viewpoint: How likely is Britain to lose its prized triple-A credit rating?

Posted on 12, December 2012 by
Costas Milas is Professor of Finance at the University of Liverpool’s Management School

“Chancellor George Osborne should only worry if net government debt hits 80% of GDP in 2013 and even further if Britain drops its European Union membership.” 12-12-2012 — /europawire.eu/ — “In his autumn statement, Chancellor George Osborne updated the parliament with … Read the full press release →

Posted in Business, Economy, Education, Financial, Politics, United Kingdom

Zambian sustainable energy infrastructure gets EUR 50m EIB support

Posted on 12, December 2012 by

12-12-2012 — /europawire.eu/ — Energy users across Zambia and Southern Africa will benefit from a new 120 MW hydropower plant and long-distance transmission line to be financed with support from Europe’s long-term lending institution. The European Investment Bank will provide … Read the full press release →

Posted in Banks, Energy, Gas & Oil, Environment, European Union, Financial, Investment

EU Budget 2013 Adopted: Statement by Commissioner for Financial Programming and Budget Janusz Lewandowski

Posted on 12, December 2012 by

Brussels, 12-12-2012 — /europawire.eu/ — This statement was made after the plenary session of the European Parliament adopted the proposal for the 2013 EU budget, one week after the Council approved it. “I am pleased that the European Union, its citizens, regions, … Read the full press release →

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

Tagged , , , ,