Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

EIB steps up its support for climate action, knowledge economy and SMEs in Greece

10-12-2012 — /europawire.eu/ — The European Investment Bank provides a total of EUR 370 million for climate action and knowledge economy in Greece: EUR 130 million go to the Greek Public Power Corporation (PPC) for promoting energy security and efficiency in … Read the full press release

The EIB, DZ BANK and VR LEASING support SMEs

10-12-2012 — /europawire.eu/ — The European Investment Bank (EIB), together with DZ BANK and VR LEASING, is providing EUR 100m for small and medium-sized corporate customers of Volksbanken and Raiffeisenbanken. This loan will support primarily the financing operations and projects of … Read the full press release

Portuguese Republic and EIB sign Portfolio State Guarantee for up to EUR 2.8 billion

EIB releases last tranche of EUR 450 million for co-financing projects with EU Funds in Portugal 8-12-2012 — /europawire.eu/ — The European Investment Bank (EIB) and the Portuguese Republic today signed a Portfolio State Guarantee for up to EUR 2.8 billion. … Read the full press release

Kurzanalyse Monika Rosen, Chefananalystin Bank Austria Private Banking: US-Börsen segeln in Richtung Fiskalklippe

Ringen um Kompromiss in Washington Diskussion beherrscht Marktgeschehen Bank Austria Private Banking sieht mehrheitlich Chancen an den US-Börsen – zumal die Konjunkturdynamik in den USA stärker ist als in Europa 8-12-2012 — /europawire.eu/ — 2012 war ein sehr gutes Jahr für … Read the full press release

EIB Group and Banco Popolare lend EUR 560 million for SMEs, mid-caps, enterprise networks, innovative R&D projects and the Emilia earthquake

SMEs and mid-caps: 200 million EIF, guarantees for innovative SMEs: 60 million Emilia earthquake: 50 million Industria 2015 and Italy Knowledge Economy: 55 million Enterprise networks: 20 million 8-12-2012 — /europawire.eu/ — The European Investment Bank Group (EIB and EIF, European … Read the full press release

NATIONWIDE INSURANCE SELECTS DETICA’S NETREVEAL®

Nationwide has selected the Detica NetReveal® enterprise fraud detection solution to help tackle claims fraud in its Property and Casualty business 8-12-2012 — /europawire.eu/ — Nationwide Mutual Insurance Company, one of the largest insurance and financial services companies in the United States … Read the full press release

Carl Zeiss Meditec looks back on successful financial year

Above average increase in EBIT/positive development in all strategic business units and reporting regions JENA/Germany, 8-12-2012 — /europawire.eu/ — Medical technology company Carl Zeiss Meditec AG continued its growth trend in financial year 2011/2012. Revenue climbed 13.6 percent to EUR 861.9 million and thus … Read the full press release

TAX EVASION AND AVOIDANCE: Questions and Answers

Annex: List of measures foreseen in the EU Action Plan

8-12-2012 — /europawire.eu/ — TAX EVASION AND AVOIDANCE: Questions and Answers. Tax Evasion Why has the Commission presented an Action Plan on Tax fraud and evasion? Every year, an estimated €1 trillion1 in public money is lost in the EU due to … Read the full press release

Neue Floater-Obligation 2012–2014 Serie 57 der Bank Austria bietet attraktive Verzinsung und Kapitalsicherheit zum Laufzeitende

8-12-2012 — /europawire.eu/ — Die 2-jährige Floater-Obligation ist bei kurzer Laufzeit und variabler Verzinsung auf die Bedürfnisse der betrieblichen Veranlagung abgestimmt, aber auch für Privatkunden geeignet, die kurzfristig veranlagen wollen. Der Zinssatz wird für die gesamte Laufzeit vierteljährlich an den 3-Monats-EURIBOR … Read the full press release

EIB supports ARCELIK’s R&D programme

8-12-2012 — /europawire.eu/ — The European Investment Bank (EIB) is providing a loan of EUR 100 million to Arçelik A.S. for its research and development programme to improve product performance and broaden its product range. This long-term EIB loan to Arçelik … Read the full press release

EIB financing the new Delta hospital in Brussels

Belgique : Financement du nouvel hôpital Delta Le nouvel hôpital, un bâtiment passif, du Groupe hospitalier Chirec, s’implantera sur le site de Delta, situé "boulevard du Triomphe" à Auderghem. Chirec est un groupe privé, né de la fusion ces 15 dernières années de plus petits hôpitaux à Bruxelles Bruxelles 03/12/2012 Copyright: EIB

7-12-2012 — /europawire.eu/ — The European Investment Bank (EIB) is helping to finance the construction of a new sustainable hospital in Brussels. The finance contract was signed by the three partners (the EIB, COCOM and the Chirec Hospital Group). The work … Read the full press release

Credit rating agencies: Council confirms agreement with EP

Brussels, 7-12-2012 — /europawire.eu/ — The Permanent Representatives Committee today approved a compromise text agreed with the European Parliament on 27 November on proposals amending the EU’s rules on credit rating agencies. This will enable the presidency to confirm the agreement reached … Read the full press release

Speech – Bridging transport’s financing gap: fair charging for the road ahead

Siim Kallas — Vice-President and Commissioner for transport Conference on fair and efficient road pricing Brussels, 6-12-2012 — /europawire.eu/ — Ladies and gentlemen, I am delighted to be here with you today to explain how I see the challenges facing Europe’s road sector … Read the full press release

State Aid: Commission proposes to reform state aid procedures and exempt certain categories of aid from prior notification

Brussels, 6-12-2012 — /europawire.eu/ — In the context of its State Aid Modernisation (SAM) initiative, the European Commission has adopted proposals to amend two Council Regulations governing EU state aid control. The reform of the Procedural Regulation of 1999 is aimed at focussing state … Read the full press release

Austrians plan to spend some EUR 2.6 billion on Christmas presents

8 out of 10 Austrians intend to buy presents On average, EUR 451 are budgeted for buying presents 22% buy Christmas presents online 6-12-2012 — /europawire.eu/ — It is Christmas time, especially at the cash registers. Austrians are planning to spend … Read the full press release

State aid: Commission approves emergency rescue aid for Austrian bank Hypo Group Alpe Adria

Brussels, 6-12-2012 — /europawire.eu/ — The European Commission has temporarily approved, under EU state aid rules, an emergency recapitalisation totalling €1.5 billion that Austria intends to grant to Hypo Group Alpe Adria (HGAA). The bank needs the aid to comply with regulatory … Read the full press release

Antitrust: Commission fines producers of TV and computer monitor tubes € 1.47 billion for two decade-long cartels

Brussels, 6-12-2012 — /europawire.eu/ — The European Commission has fined seven international groups of companies a total of € 1 470 515 000 for participating in either one or both of two distinct cartels in the sector of cathode ray tubes (“CRT”). For almost ten years, between 1996 … Read the full press release

Erste Group Issues Erste Renewable Energy Bond

Proceeds of placement to be used for financing of renewable energy projects Term 6 ½ years, yield 2% Issue date November 29 2012 6-12-2012 — /europawire.eu/ — Erste Group issues a bond (AT000B007570), the placement proceeds of which will be used … Read the full press release

Council conclusions on the EU Joint Transfer Pricing Forum

3205th ECO OMIC and FI A CIAL AFFAIRS Council meeting Brussels Brussels, 6-12-2012 — /europawire.eu/ — The Council adopted the following conclusions: “The Council: – welcomes the Communication from the Commission of 19 September 2012 on the work of the EU Joint Transfer Pricing Forum in the … Read the full press release

New rolling stock for Arriva in Poland

6-12-2012 — /europawire.eu/ — Arriva’s Polish rail business has taken delivery of the first of four new trains as part of a deal with manufacturers PESA Bydgoszcz. Two SA133 series units, part of a €10 million investment, are now operating on Arriva’s … Read the full press release