Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

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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Commission’s new proposal for EU budget 2013

Posted on 28, November 2012 by

Brussels, 28-11-2012 — /europawire.eu/ — Commission’s new proposal for EU budget 2013 Ten days after the unsuccessful end of the conciliation period over next year’s EU budget, the Commission is presenting a new Draft Budget for 2013. The new proposal takes into … Read the full press release →

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

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Commerzbank to invest more than EUR 2.0 billion in its core business until 2016

Posted on 27, November 2012 by

Return on equity after taxes (RoE) in the Core Bank to be more than 10 % by 2016 Cost-income ratio (CIR) in the Core Bank to decrease to around 60 % Core Tier 1 ratio to be always substantially higher … Read the full press release →

Posted in Banks, Business, Financial, Germany, Investment

Deutsche Bank expands its global art activities by opening its own exhibition gallery

Posted on 27, November 2012 by

Deutsche Bank KunstHalle opens in Berlin in early 2013 / Imran Qureshi from Pakistan is “Artist of the Year” 2013 27-11-2012 — /europawire.eu/ — Deutsche Bank continues to expand its art activities. In spring 2013, the bank will open its own … Read the full press release →

Posted in Art & Culture, Banks, Financial, Germany, Society

Completing and Repairing EMU

Posted on 27, November 2012 by

Speech by Vítor Constâncio, Vice-President of the ECB, at the Hyman P. Minsky Conference on Financial Instability organised by the Levy Economics Institute and ECLA of Bard with support from the Ford Foundation, The German Marshall Fund of the United States, … Read the full press release →

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

Mergers: Commission approves acquisition of Irish electrical company Cooper Industries by rival Eaton

Posted on 27, November 2012 by

Brussels, 27-11-2012 — /europawire.eu/ — The European Commission has cleared under the EU Merger Regulation the proposed acquisition of Cooper Industries of Ireland by Eaton Corporation of the US. The transaction combines the electrical equipment and component businesses of Cooper and Eaton. … Read the full press release →

Posted in Belgium, Business, Electronics & Machinery, European Union, Financial, Government, Ireland, Law

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Statement by the EC, ECB, and IMF on the Mission to Cyprus

Posted on 27, November 2012 by

Brussels, 27-11-2012 — /europawire.eu/ —   An EC/ECB/IMF mission has had productive discussions with the Cypriot authorities on the policy building blocks of a macroeconomic adjustment programme. The authorities and EC/ECB/ IMF teams made good progress towards agreement on key policies to … Read the full press release →

Posted in Banks, Belgium, Cyprus, European Union, Financial, Government, Politics

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Remarks by President Herman Van Rompuy following the European Council

Posted on 27, November 2012 by

Brussels, 27-11-2012 — /europawire.eu/ —  The European Council gives its President the mandate together with the President of the European Commission to continue the work and pursue consultations in the coming weeks to find a consensus among the 27 over the Union’s Multiannual … Read the full press release →

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

DSM awarded for its integrated reporting

Posted on 26, November 2012 by

Heerlen, NL, 26-11-2012 — /europawire.eu/ — Royal DSM, the global Life Sciences and Materials Sciences company, has been awarded three prestigious awards in the Netherlands for its 2011 Integrated Annual Report. For the second year in a row, the company was awarded … Read the full press release →

Posted in Awards, Business, Chemicals, Financial, Industrial, Metals and Minerals, Netherlands

EIB and Aquitaine Region commit €800m for sustainable development and energy efficiency

Posted on 23, November 2012 by
REGION AQUITAINE LYCEES HQE The Project consists in expanding and retro-fitting high schools ("lycées" and higher education buildings) infrastructure so as to meet increasing capacity requirements and to achieve the Region's Aquitaine ambitious energy efficiency targets, for a total cost in excess of EUR 1bn.

23-11-2012 — /europawire.eu/ — The commitment of EUR 800m for education, sustainable development and renewable energy was announced by the Aquitaine Region and the European Investment Bank (EIB), following a signing ceremony held at the Aquitaine Regional Council presided over by Alain … Read the full press release →

Posted in Banks, Business, Education, Energy, Gas & Oil, European Union, Financial, Government, Investment, Luxembourg

Buying consumer credit on-line: following EU action, over 75% of websites checked now give satisfactory information to clients

Posted on 23, November 2012 by

Brussels, 23-11-2012 — /europawire.eu/ — Before consumers enter into a loan, they need to understand its real cost and take the time to reflect, especially on the monthly repayment. Following a crackdown on websites offering consumer credits, more than 3 out of 4 … Read the full press release →

Posted in Banks, Belgium, European Union, Financial, Government, Internet & Online, Law

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EIB-ICO step up support for SMEs with EUR 1 billion

Posted on 23, November 2012 by
Signature ICO/EIB ICO’s Chairman, Román Escolano and EIB Vice-President Magdalena Álvarez Arza Luxembourg 22/11/2012

23-11-2012 — /europawire.eu/ — The European Investment Bank (EIB) has granted a EUR 500 million loan to Spain’s Instituto de Crédito Oficial (ICO) to finance on favourable terms the investment projects and working capital of small and medium-sized businesses, mainly in the … Read the full press release →

Posted in Banks, Business, European Union, Financial, Government, Investment, Luxembourg, Small Business, Spain

University of Nottingham is first in UK to publish agent commission rates

Posted on 23, November 2012 by

23-11-2012 — /europawire.eu/ — The University of Nottingham is to publish commission rates paid to international student recruitment representatives and agents — the first UK university to do so. In general the University will now pay standard agency fees irrespective of subject … Read the full press release →

Posted in Education, Financial, United Kingdom

Rationale and principles for Financial Union

Posted on 23, November 2012 by

Speech by Mario Draghi, President of the ECB, at the 22nd Frankfurt European Banking Congress, Frankfurt am Main, 23 November 2012 Frankfurt am Main, 23-11-2012 — /europawire.eu/ — Lord Mayor Feldmann, Dear Mr. Blessing, Dear Mr. Fitschen, Ladies and Gentlemen, It is a … Read the full press release →

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

Krka has presented its operating results for the first nine months of 2012

Posted on 23, November 2012 by

Novo mesto, 23-11-2012 — /europawire.eu/ — The Management Board of Krka, d. d. held a press conference today presenting to the public the results of the Krka Group and the Krka Company for the first nine months of 2012, which the Krka … Read the full press release →

Posted in Business, Financial, Healthcare, Pharma & Biotech, Slovenia

Electronic money: Commission asks Court of Justice to fine Belgium for not implementing EU rules

Posted on 23, November 2012 by

Brussels, 23-11-2012 — /europawire.eu/ — The European Commission has decided to refer Belgium to the Court of Justice of the EU for failing to implement the Directive on the taking up, pursuit and prudential supervision of the business of electronic money institutions. The Commission has … Read the full press release →

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

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