Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

BFA-Bankia Group will return to profitability in 2013, with net profit of 1,200 million in 2015

Posted on 29, November 2012 by

Plan approval entails immediate injection of the requested capital, making Bankia one of Spain’s most solvent banks The state aid to be received by the BFA-Bankia Group totals 17,959 million, including the 4,500 million injected on 12 September The go-ahead … Read the full press release →

Posted in Banks, Business, Financial, Management, Spain

ABN AMRO reports underlying net profit of EUR 1,201 million for the first nine months of 2012

Posted on 29, November 2012 by

29-11-2012 — /europawire.eu/ — ABN AMRO reports underlying net profit of EUR 1,201 million for the first nine months of 2012 and EUR 374 million for Q3 The year-to-date underlying net profit, which excludes separation and integration-related expenses, rose 22% to … Read the full press release →

Posted in Banks, Business, Financial, Netherlands

State aid: recapitalisation of Spanish banks – the Commission’s role under EU State aid control

Posted on 29, November 2012 by

Brussels, 29-11-2012 — /europawire.eu/ — Since the start of the financial crisis in October 2008, EU Member States have taken hundreds of measures in favour of financial institutions in order to preserve financial stability. Most of this support constitutes state aid in … Read the full press release →

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

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Mergers: Commission approves acquisition of stakes in Dutch wholesale clothing company HVEG by ABN AMRO and Rabobank

Posted on 29, November 2012 by

Brussels, 29-11-2012 — /europawire.eu/ — Mergers: Commission approves acquisition of stakes in Dutch wholesale clothing company HVEG by ABN AMRO and Rabobank The European Commission has cleared under the EU Merger Regulation the proposed acquisition by the Dutch banks ABN AMRO and … Read the full press release →

Posted in Apparel, Fashion & Beauty, Banks, Business, European Union, Financial, Government, Investment, Law, Netherlands, Retail

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Challenges facing financial integration and financial stability

Posted on 29, November 2012 by

Speech by Benoît Cœuré, Member of the Executive Board of the ECB, 3rd Pan-Asian Regulatory Summit organised by Thomson Reuters, Hong Kong Hong Kong, 29-11-2012 — /europawire.eu/ — Ladies and Gentlemen, It is a great pleasure to be here in Hong Kong and I … Read the full press release →

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

Deal on stricter EU rules for sovereign debt ratings

Posted on 29, November 2012 by

29-11-2012 — /europawire.eu/ — Credit rating agencies will have to obey additional rules on sovereign debt ratings, including three set dates per year for issuing them, under a deal agreed by Parliament, the Council and the Commission on Tuesday. Cross-ownership of … Read the full press release →

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

Lower Inn Valley railway line completed – Record EIB loan for high-speed line

Posted on 29, November 2012 by
ÖBB Weststrecke Pat Cox, EU-Coordinator Priority Project No. 1, Doris Bures, Austrian Federal Minister for Transport, Innovation, and Technology, Tyrol’s governor Günther Platter, Radfeld’s Mayor Josef Auer, CEO ÖBB-Holding AG Christian Kern, and CEO of ÖBB-Infrastruktur AG, Andreas Matthä 26/11/2012

29-11-2012 — /europawire.eu/ — Austrian Railways (ÖBB) officially completed its high-speed rail line project in the Lower Inn Valley in the Tyrol. The European Investment Bank (EIB) provided a total of EUR 1 billion for this ambitious project in its biggest ever … Read the full press release →

Posted in Austria, Banks, Business, Construction, European Union, Financial, Investment, Transportation & Logistics

Italy: EUR 160 million for Enel Green Power for new facilities

Posted on 29, November 2012 by
ENEL GREENPOWER ENERGIE RINNOVABILI II Financing of a 3-year investment programme for the period 2011-2013, focusing on the installation of new renewable energy capacities (approx 825 MW) in Italy, mainly small/medium scale wind farms and photovoltaic plants. 27/11/2012

29-11-2012 — /europawire.eu/ —  The European Investment Bank (EIB) and Enel Green Power (EGP) signed a EUR 160 million loan for financing the four-year plan of the Enel Group company concerned with renewable and alternative energy sources. This is the second … Read the full press release →

Posted in Banks, Business, Energy, Gas & Oil, Environment, European Union, Financial, Government, Investment, Italy, Technology

Ahlstrom – publication of the prospectus relating to the share offering of Munksjö Oyj

Posted on 29, November 2012 by

Ahlstrom Corporation STOCK EXCHANGE RELEASE November 19, 2012 at 08.30 Not to be distributed in or into Australia, Canada, the Hong Kong special administrative region of the People’s Republic of China, Japan, New Zealand, South Africa or the United States. … Read the full press release →

Posted in Business, Financial, Finland, Industrial

ÖBB western line: EIB lends EUR 1 billion to finance extension of Danube line

Posted on 29, November 2012 by
Bahnstrecke Unterinntal fertiggestellt – Rekord-Darlehen der EIB für Hochleistungstrasse Dr. Georg-Michael Vavrovsky, Member of the Board of Management ÖBB-Infrastruktur AG, Wilhelm Molterer, Vice President of the EIB and Andreas Matthä, CEO ÖBB-Infrastruktur AG. 26/11/2012

29-11-2012 — /europawire.eu/ — The European Investment Bank (EIB) is financing the extension of one of Europe’s most important rail links. In 2007 and 2008 the EIB provided loans totalling EUR 400 million for the four-track extension of the Vienna-St. Pölten … Read the full press release →

Posted in Banks, Business, Construction, European Union, Financial, Government, Industrial, Investment, Luxembourg, Transportation & Logistics

Mit iZettle wird das Handy zum Bezahlterminal

Posted on 29, November 2012 by

Telekom startet mit Verkauf von iZettle Kredit- und EC-Kartenlesern Für Android- und iOS-Smartphones und -Tablets 20 Euro Gutschein inklusive Im Handumdrehen einsatzbereit 29-11-2012 — /europawire.eu/ — Ab sofort ist der Chipkartenleser von iZettle in allen Business Shops der Telekom deutschlandweit sowie … Read the full press release →

Posted in Business, Financial, Germany, Internet & Online, Technology, Telecom

EIB supports Tallinn´s urban infrastructure development

Posted on 29, November 2012 by

The European Investment Bank (EIB) is providing a long-term loan of EUR 66.8 million to finance small to medium-sized priority projects upgrading municipal infrastructure in Tallinn. 29-11-2012 — /europawire.eu/ — EIB Vice-President Pim van Ballekom, responsible for lending in Estonia, stated: “EIB … Read the full press release →

Posted in Banks, Business, Construction, Estonia, Financial, Investment, Luxembourg

Eni launches an accelerated bookbuilding offer of Galp Energia’s shares combined with an offer of bonds exchangeable into ordinary shares of the portuguese company

Posted on 29, November 2012 by

Eni S.p.A. (“Eni”) announces an offering (the “Equity Offering”) of 49,755,038 Galp Energia SGPS S.A. (“Galp”) shares (the “Shares”) San Donato Milanese (Milan), 29-11-2012 — /europawire.eu/ — Eni S.p.A. (“Eni‘) announces an offering (the “Equity Offering‘) of 49,755,038 Galp Energia SGPS … Read the full press release →

Posted in Business, Energy, Gas & Oil, Financial, Investment, Italy, Portugal

EIB and Sberbank to enhance cooperation in their common regions of operation

Posted on 29, November 2012 by

29-11-2012 — /europawire.eu/ — Werner Hoyer, President of the European Investment Bank (EIB), and Herman Gref, Chief Executive Officer and Chairman of the Management Board of Sberbank, signed a Joint Statement of Cooperation. The two financing institutions agreed to work together … Read the full press release →

Posted in Banks, Business, Financial, Investment, Luxembourg, Russia

EIB provides GBP100m for Johnson Matthey’s European R&D

Posted on 29, November 2012 by

29-11-2012 — /europawire.eu/ — Specialist research into emission control, process and low carbon technologies undertaken by Johnson Matthey will be supported by a GBP 100m loan agreed with the European Investment Bank. This work is expected to make a significant contribution … Read the full press release →

Posted in Banks, Environment, Financial, Investment, Science, Technology, Transportation & Logistics, United Kingdom

Serbia: EUR 100 million for SMEs

Posted on 29, November 2012 by

29-11-2012 — /europawire.eu/ — The European Investment Bank (EIB) has signed two loans totalling EUR 100 million in Serbia with two local financial institutions in support of the projects of small and medium-sized enterprises (SMEs) as well as infrastructure schemes promoted … Read the full press release →

Posted in Banks, Business, Financial, Investment, Serbia, Small Business

EIB continues to support urban infrastructure in Olomouc

Posted on 28, November 2012 by

28-11-2012 — /europawire.eu/ —  The European Investment Bank (EIB) is lending CZK 500 million (approx. EUR 20 million) to the City of Olomouc in Central Moravia to finance municipal infrastructure projects involving the improvement, rehabilitation, upgrading and extension of the … Read the full press release →

Posted in Banks, Construction, Czech Republic, European Union, Financial, Government, Investment

Statement by President Barroso on Greece

Posted on 28, November 2012 by

Brussels, 28-11-2012 — /europawire.eu/ — Statement by President Barroso on Greece I welcome the agreement reached by the Eurogroup earlier this morning on Greece, which underscores the Commission’s continuous efforts to help guide the quick implementation of the programme and ensure … Read the full press release →

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

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ECB announces rescheduling of loan-level data reporting requirements

Posted on 28, November 2012 by

28-11-2012 — /europawire.eu/ — On 6 July 2012 the European Central Bank (ECB) announced the future timeline for the start of the loan-level data reporting requirements for asset-backed securities as part of the Eurosystem’s collateral framework. In order to ensure that … Read the full press release →

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

Education Council: Commissioner Vassiliou issues stark warning on funding for Erasmus

Posted on 28, November 2012 by

Brussels, 28-11-2012 — /europawire.eu/ —   Education Council: Commissioner Vassiliou issues stark warning on funding for Erasmus Statement by Androulla Vassiliou, Commissioner for Education, Culture, Multilingualism and Youth, at the meeting of the EU Education Ministers in Brussels on 26 November. “The … Read the full press release →

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

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