Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

EC recommends to the Council to abrogate Excessive Deficit Procedure for 5 EU member states

Brussels, 30-5-2013 — /europawire.eu/ —  Commission takes steps under the Excessive Deficit Procedure.   Which decisions has the Commission taken today as regards the Excessive Deficit Procedure? The Commission has today recommended that the Council abrogate the Excessive Deficit Procedure (EDP) … Read the full press release

EC cleared the deal between Lutosa of Belgium & McCain of Canada

The clearance is conditional on the divestment of Lutosa’s branded retail business in the European Economic Area (EEA) Brussels, 29-5-2013 — /europawire.eu/ — The European Commission has cleared under the EU Merger Regulation the proposed acquisition of Lutosa of Belgium by McCain … Read the full press release

Oesterreichische Nationalbank (OeNB) erzielt 2012 bestes Geschäftsergebnis seit 2005

Bund erhält inklusive Körperschaftsteuer 349 Mio EUR Wien, 29-5-2013 — /europawire.eu/ — Das erwirtschaftete Ergebnis der Oesterreichischen Nationalbank (OeNB) erhöhte sich im Bilanzjahr 2012 um 55% auf 988 Mio EUR (2011: 638 Mio EUR). „Damit hat die OeNB trotz der schwierigen globalen … Read the full press release

Saxo Bank newly launched Saxo TV to be led by the former Bloomberg TV News anchor, Owen Thomas

29-5-2013 — /europawire.eu/ — Saxo Bank, the multi-asset online trading and investment specialist, has launched Saxo TV, led by the former Bloomberg TV News anchor, Owen Thomas, to provide on-demand business and financial analysis. Saxo TV is integrated with TradingFloor.com, Saxo … Read the full press release

Wienerberger AG announced Q1 2013 results

Pipelife strengthens Q1 2013 results Long, snowy winter leads to volume declines for Bricks & Tiles Europe – Contribution from initial consolidation of Pipelife strengthens Group results – North America profits from positive market trend despite unfavorable weather – Group … Read the full press release

EC 2012 competition policy report shows how competition policy helps unlock potential of EU Single Market

Brussels, 29-5-2013 — /europawire.eu/ —  The European Commission’s 2012 report on competition policy shows that without an effective European competition policy, the internal market cannot deliver its full economic potential. Private barriers to trade and competition would risk replacing the public … Read the full press release

László Andor speach at European Policy Centre: Single European Labour Market must be part of the EU’s recovery strategy

Final conference of the “Single European Labour Market” project European Policy Centre, Brussels, 29-5-2013 — /europawire.eu/ — Ladies and Gentlemen, It is a pleasure to open today’s conference and discuss the final report of the Single European Labour Market project. The … Read the full press release

EBRD, Russian Direct Investment Fund (RDIF) co-hosted a round-table discussion on private funding for infrastructure

Experts prepare recommendations for G20 leaders 29-5-2013 — /europawire.eu/ — The EBRD and the Russian Direct Investment Fund (RDIF) co-hosted  a round-table discussion on how to unlock private sector funding for the multi trillion dollar global infrastructure  sector, helping to formulate … Read the full press release

EC, CERN to support the construction of SESAME, major research facility in the Middle East

Brussels, 28-5-2013 — /europawire.eu/ —  The European Commission and CERN have today agreed to support the construction of SESAME, one of the most ambitious research facilities in the Middle East. SESAME is a so-called synchrotron light source, functioning in effect like … Read the full press release

Zorgverzekeraars investeren in draagbare laboratoria

28-5-2013 — /europawire.eu/ — Achmea en De Friesland Zorgverzekeraar gaan participeren in het bedrijf Ostendum. Dit bedrijf ontwikkelt lab-on-a-chip toepassingen – minuscule laboratoria op een chip – waarmee een arts binnen enkele minuten onder meer bloed- , urine- en speekselmonsters kan … Read the full press release

Janez Potočnik at the Hay Festival: Environment or Economy: Can we have both?

Janez Potočnik – European Commissioner for Environment Public discussion at the Hay Festival (Hay-on-Wye, UK) Hay-on-Wye, 28-5-2013 — /europawire.eu/ — I am hearing far too often these days that in these times of economic crisis we cannot afford to have a high level of … Read the full press release

Lenzing Group announced Q1 2013 results, unchanged guidance for the entire year 2013

Difficult Market Environment in the First Quarter of 2013 as Expected Weak fiber selling prices, Lenzing counteracts trend with cost savings EBITDA of EUR 64.5 mn above expectations 27-5-2013 — /europawire.eu/ — The ongoing difficult market environment for man-made cellulose fibers … Read the full press release

Audition publique sur la surveillance financière dans l’UE

Michel BARNIER – Membre de la Commission européenne, chargé du Marché intérieur et des Services Bruxelles, 27-5-2013 — /europawire.eu/ — Monsieur le Gouverneur, Madame la Présidente, Messieurs les députés, Mesdames et Messieurs, Je voudrais tout d’abord vous remercier pour votre participation à … Read the full press release

EBRD lends €2m to Mobiasbanca for energy efficiency in Moldova

27-5-2013 — /europawire.eu/ — The European Bank for Reconstruction and Development is further boosting energy efficiency in Moldova with a new €2 million loan to Mobiasbancă – Groupe Société Générale. The EBRD financing will be on-lent to individual households, groups … Read the full press release

BAWAG P.S.K. 0%-Kredit-Aktion zur Auto-Finanzierung auf Grund des großen Erfolges verlängert

Bereits 350 neue Kfz zinsenfrei finanziert – Verlängerung der Aktion bis 31.5.2013  27-5-2013 — /europawire.eu/ — Die von der BAWAG P.S.K. mit Anfang Februar 2013 gestartete zinsenfreie Kredit-Aktion für den Neuerwerb von Privat-PKWs ist ein voller Erfolg. Bis Ende April 2013 … Read the full press release

La BEI prête 400 millions d’EUR au Groupe Renault

27-5-2013 — /europawire.eu/ — La Banque européenne d’investissement (BEI) annonce qu’elle vient d’accorder un prêt de 400 millions d’euros au Groupe Renault afin de contribuer à la recherche et au développement d’une nouvelle génération de véhicules écologiques et financièrement accessibles, un … Read the full press release

Middle East and North Africa (MENA) SME Facility established to expand access to finance for small businesses

Amman, Jordan, 27-5-2013 — /europawire.eu/ — IFC, a member of the World Bank Group, the European Investment Bank (EIB), Agence Française de Développement (AFD), and the European Commission through the  Neighborhood Investment Facility (NIF) are working together to provide funding for … Read the full press release

Achmea and De Friesland Zorgverzekeraar invest in University of Twente spin-off company Ostendum

Health insurers Achmea and De Friesland Zorgverzekeraar are to participate in Ostendum, a MESA+ spin-off company that is developing lab-on-a-chip applications 27-5-2013 — /europawire.eu/ — Health insurers Achmea and De Friesland Zorgverzekeraar are to participate in Ostendum, a company that is developing … Read the full press release

EC approves Munksjö AB / Ahlstrom Corporation merger

Brussels, 27-5-2013 — /europawire.eu/ — Following an in-depth investigation (see IP/12/1338), the European Commission has approved under the EU Merger Regulation the proposed merger of Munksjö AB of Sweden and the label and processing paper business of Ahlstrom Corporation of Finland in the … Read the full press release

The ‘Two-Pack’ reform package enters into force on 30th May 2013 in all euro area Member States

The ‘Two-Pack’package is completing budgetary surveillance cycle and further improving economic governance for the euro area Brussels, 27-5-2013 — /europawire.eu/ — Since the launch of the euro, clear rules to ensure sound public finances have been in place in the form … Read the full press release