Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

ECB report on the results of the April 2013 euro area bank lending survey

Posted on 24, April 2013 by EuropaWire PR Editors

24-4-2013 — /europawire.eu/ — The European Central Bank (ECB) is publishing its report on the results of the April 2013 euro area bank lending survey today. The bank lending survey, which is conducted four times a year, usually at the … Read the full press release →

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

Tagged bank, bank lending, bank lending behaviour, bank lending survey, banks’ funding conditions, credit margins, credit standards, ECB, euro area, European Central Bank, Eurosystem, financial market tensions, Frankfurt am Main, lending, sovereign debt crisis, survey, wholesale funding

Safran to purchase the Rolls-Royce 50% share of the joint RTM322 helicopter engine programme

Posted on 24, April 2013 by EuropaWire PR Editors

Paris, 24-4-2013 — /europawire.eu/ — Safran (NYSE Euronext Paris: SAF) today announced that it has reached an agreement with Rolls-Royce to acquire Rolls-Royce’s 50% share in their joint RTM322 helicopter engine programme. Upon closing, Turbomeca (Safran’s world leading helicopter engine business) … Read the full press release →

Posted in Aviation & Aerospace, Business, Defence, Financial, France, Investment, Technology, Transportation & Logistics, United Kingdom

Tagged acquire, AGREEMENT, Apache helicopters, EH101 helicopters, helicopter, helicopter engine, helicopter engine programme, NH90 helicopters, Paris, programme, purchase, Rolls-Royce, RTM322, RTM322 engine, SAF, Safran, Turbomeca

Joint OeNB-ECB high-level Vienna conference discussed the preparations for the launch of the new Europa series of euro banknotes

Posted on 24, April 2013 by EuropaWire PR Editors

Vienna , 24-4-2013 — /europawire.eu/ — Before the new €5 banknotes of the Europa series start to circulate on 2 May, the Oesterreichische Nationalbank (OeNB) and the European Central Bank (ECB) invited experts from several countries to a high-level conference in Vienna … Read the full press release →

Posted in Austria, Banks, Business, European Union, Financial, Germany, Government, Society

Tagged banknote equipment manufacturers, banknote security, banknotes, Benoît Cœuré, cash-accepting machines, Catherine Piana, Conference, ECB, Euro, euro area, euro area citizens, euro banknotes, Eurosystem, national central banks, newfaceoftheeuro, OeNB, Oesterreichische Nationalbank, Vienna, Wolfgang Duchatczek

EUR 300m EIB loan in support of European aeronautics leader EADS

Posted on 24, April 2013 by EuropaWire PR Editors

Support for aerospace innovation 24-4-2013 — /europawire.eu/ — We are helping European aeronautics leader EADS with its research and development programme. They are improving aircraft aerodynamics and flight control systems, with benefits for lower pollution and increased safety. A new EUR … Read the full press release →

Posted in Aviation & Aerospace, Banks, Business, Financial, Investment, Luxembourg, Security & Safety, Technology

Tagged aeronautics, aerospace innovation, aircraft aerodynamics, CO2 emissions, EADS, flight control systems, Harald Wilhelm, loan, lower pollution, nitrogen emissions, Philippe de Fontaine Vive, R&D, safety

United Kingdom and Ireland decided to join EU Insolvency Rules

Posted on 24, April 2013 by EuropaWire PR Editors

Brussels, 24-4-2013 — /europawire.eu/ — Both the United Kingdom and Ireland have announced their decision to join the Commission’s proposal to modernise current EU rules on cross border insolvency, which date from 2000. The new rules aim to shift focus away from … Read the full press release →

Posted in Belgium, Business, European Union, Financial, Government, Investment, Ireland, Law, Politics, Society, United Kingdom

Tagged bankrupt, bankruptcies, creditors' right, cross border insolvency, cross-border insolvency proceedings, entrepreneurs, EU Insolvency Rules, financial difficulties, insolvencies, insolvency, laws, legal, liquidation, Viviane Reding

The Commission sets up a Platform for Tax Good Governance

Posted on 24, April 2013 by EuropaWire PR Editors

Brussels, 24-4-2013 — /europawire.eu/ — As part of its concerted drive against tax evasion and avoidance, the Commission today set up the new Platform for Tax Good Governance. The Platform will monitor Member States’ progress in tackling aggressive tax planning and clamping … Read the full press release →

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

Tagged Algirdas Šemeta, bilateral tax treaties, blacklists, Brussels, EU corporate legislation, EU framework, Fighting tax evasion, tackling aggressive tax planning, TAX, tax avoidance, tax evasion, tax havens, tax systems, Taxation, taxes

KfW IPEX-Bank to finance Düsseldorf Airport infrastructure modernisation

Posted on 24, April 2013 by EuropaWire PR Editors

EUR 50 million loan for Germany’s third largest airport Bank supports modernisation of infrastructure Measures to enable handling of large aircraft 24-4-2013 — /europawire.eu/ — KfW IPEX-Bank is providing a EUR 50 million loan to allow Düsseldorf Airport to modernise its … Read the full press release →

Posted in Aviation & Aerospace, Banks, Business, Financial, Germany, Infrastructure & Utilities, Investment, Technology, Transportation & Logistics, Travel

Tagged AIRPORT, airport operator, Christian K. Murach, Düsseldorf, Düsseldorf Airport, efficient infrastructure, energy efficiency, fire rescue routes, infrastructure, investment, KfW IPEX-Bank, large aircraft, Lighting systems, loan, North Rhine-Westphalia, taxiway, transport hubs, widebody aircraft

KfW IPEX-Bank increased its credit business by EUR 1.4b to EUR 12.9b in 2012

Posted on 23, April 2013 by EuropaWire PR Editors

Balance sheet 2012: KfW IPEX-Bank holds steady course Increase in new commitments in original credit business to EUR 12.9 billion Contribution to ensuring KfW’s promotional capacity: Subsidiary KfW IPEX-Bank generates EUR 298 million of KfW’s consolidated earnings Operating income of … Read the full press release →

Posted in Banks, Business, Economy, Financial, Germany, Government, International Trade, Investment

Tagged 2012 Annual Report, Annual Report, assets, Balance sheet, bank, consolidated earnings, Contingent liabilities, Corporate Governance Report, credit business, earnings, equity, Export Finance, financier, Frankfurt am Main, Irrevocable loan commitments, KfW IPEX-Bank, lending, operating income, operating result, Project Finance

Strong civil aviation business helps Safran report 9.5% revenue growth in Q1 2013

Posted on 23, April 2013 by EuropaWire PR Editors

FULL-YEAR 2013 REVENUE OUTLOOK UPGRADED All revenue figures in this press release represent adjusted[1] revenue. Please refer to definitions contained in the Notes Key figures for the first quarter of 2013 First-quarter 2013 adjusted revenue was Euro 3,404 million, up … Read the full press release →

Posted in Aviation & Aerospace, Business, Defence, Financial, France, Industrial, Investment, Security & Safety, Technology

Tagged after-tax profit, Aircraft Equipment, civil aviation, consolidated income statement, Currency hedges, Defence, Executive commentary, financial income, foreign currency derivatives, Goodrich Electrical Power Systems, hedge accounting, Jean-Paul Herteman, on-board electrical power systems, organic growth, Paris, revenue, revenue growth, REVENUE OUTLOOK UPGRADED, SAF, Safran, Safran 2013 Outlook, Safran first quarter of 2013, Safran Revenue, SECURITY

Olympic Air and Aegean Airlines deal to be investigated by EC under the EU merger regulation

Posted on 23, April 2013 by EuropaWire PR Editors

Brussels, 23-4-2013 — /europawire.eu/ — The European Commission has opened an in-depth investigation under the EU Merger Regulation into the proposed acquisition of Olympic Air by Aegean Airlines. The companies are the two main Greek airlines offering passenger air transport services on … Read the full press release →

Posted in Aviation & Aerospace, Belgium, Business, European Union, Financial, Government, Greece, Law, Transportation & Logistics, Travel

Tagged acquisition, Aegean Airlines, airlines, Alexandroupolis, Athens, Athens International Airport, Chania, Competition, competitor, Corfu, deal, domestic Greek routes, EC, EEA, Greece, Greek airlines, Heraklion, investigation, Joaquin Almunia, Kos, Merger Regulation, Mergers, monopoly, Mytilene, Olympic Air, passenger air transport, passengers, poorer service, price increases, Rhodes, Santorini, strong market position, Thessaloniki, ticket prices, tourist destination, travellers

Karel De Gucht: The Transatlantic Trade and Investment Partnership: Global Impacts

Posted on 23, April 2013 by EuropaWire PR Editors

Institute for International and European Affairs/ Dublin, Ireland Dublin, Ireland, 23-4-2013 — /europawire.eu/ — Ladies and Gentlemen, As you may know we’ve just had two days of discussions with European Union trade ministers here in Dublin, under the able chairmanship of Minister … Read the full press release →

Posted in Business, Economy, European Union, Financial, Government, International Trade, Investment, Ireland, Politics

Tagged Barriers, Dublin, foreign direct investment, global liberalisation, Imports, investment, Karel De Gucht, multilateral trade liberalisation, multilateral trading system, standards, tariffs, technical regulations, trade, trade issues, trade ministers, transatlantic commerce, Transatlantic Trade, United States, World Trade Organisation, WTO

Joint Statement by the EC, the ECB, and the IMF on Portugal

Posted on 23, April 2013 by EuropaWire PR Editors

Lisbon, 23-4-2013 — /europawire.eu/ — A joint mission comprising staff teams from European Commission (EC), European Central Bank (ECB), and International Monetary Fund (IMF) visited Lisbon during April 15-18. The mission discussed with the government compensating policy measures for meeting the … Read the full press release →

Posted in Banks, Financial, Government, Portugal

Tagged EC, ECB, fiscal deficit, fiscal deficit targets, IMF, International Monetary Fund, Lisbon, PORTUGAL, public expenditure

EU Auditors report calls on the EC to improve the running of regeneration projects on so-called “brownfield” sites

Posted on 23, April 2013 by EuropaWire PR Editors

Luxembourg, 23-4-2013 — /europawire.eu/ — A new report from the European Court of Auditors, the EU spending watchdog, calls on the European Commission to improve the running of regeneration projects on so-called “brownfield” sites – former industrial and military areas … Read the full press release →

Posted in Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Politics, Society

Tagged Auditors, brownfield policy, brownfield site registers, Cohesion funds, contaminated, derelict, environmental clean-ups, ERDF, EU Auditors, EU budgets, EU funded regeneration projects, Henri Grethen, industrial areas, military areas, polluter pays principle, pollution, public funding, public money, redeveloped buildings, redeveloped land, regeneration projects, soil contamination, “Brownfield” sites

COTER: Territorial cooperation needs more flexibility and less bureaucracy to deliver growth

Posted on 23, April 2013 by EuropaWire PR Editors

COTER chair Woźniak: “Strengthening regions’ and cities’ opportunities to face together common challenges can concretely contribute to overcome the crisis” Porto, 23-4-2013 — /europawire.eu/ — Today the Committee of the Regions Commission for Territorial Cohesion Policy (COTER) held a seminar in Porto … Read the full press release →

Posted in Business, Economy, European Union, Financial, Government, Investment, Politics, Portugal, Society

Tagged Baião, bureaucracy, cities, COTER, EGTC, EGTC Euroregion Galicia - Norte de Portugal, EGTC Raba Duna Vag, ETC, EU funding, EU regions, Europe 2020, GROWTH, Győr-Moson-Sopron, José Luís Carneiro, Komárom-Esztergom, Marek Woźniak, Porto, regional development, regions, seminar, Territorial cooperation, Trnava, Wielkpolskie Region

Michelin announces €4.9b in 1Q 2013 sales, in line with its full-year outlook

Posted on 23, April 2013 by EuropaWire PR Editors

Market environment was weak in Europe in Passenger car & Light truck tires, disappointing in North America and expanding in the new markets. Volume performance reflected: – The two fewer business days. – The difference in market trends between the … Read the full press release →

Posted in Automotive, Business, Commodities, Financial, France, Industrial, Investment, Transportation & Logistics

Tagged AGRICULTURAL TIRES, AIRCRAFT TIRES, capital expenditure, cash flow, Clermont-Ferrand, competitiveness, Earthmover segment, EARTHMOVER TIRES, full-year outlook, investors, Light truck tires, market trends, mature markets, Michelin, operating income, original equipment demand, Passenger car, positive free cash flow, raw materials, raw materials costs, sales, tire sizes, TWO-WHEEL TIRES

ECB & NCBs launch new educational game

Posted on 22, April 2013 by EuropaWire PR Editors

22-4-2013 — /europawire.eu/ — Today, the European Central Bank (ECB) and the Eurosystem national central banks (NCBs) have published a new web-based educational game called “ Top Floor – Make your way up!”. The game is aimed at 18-25 year … Read the full press release →

Posted in Banks, Education, Entertainment, European Union, Financial, Germany, Government, Internet & Online

Tagged ECB, educational game, ESCB, euro area, European System of Central Banks, Eurosystem, Frankfurt am Main, game, informative gaming experience, institutional framework, interactive quiz, multiple-choice questions, NCBs, organisation, players, Top Floor – Make your way up!

Antonio Tajani and Michel Barnier called upon European citizens to be aware of the real price of fake products

Posted on 22, April 2013 by EuropaWire PR Editors

Brussels, 22-4-2013 — /europawire.eu/ — Counterfeiting activities account for over €200 billion in losses for the world economy and it is estimated that such losses may climb further. They harm the European economy, as they damage legitimate business and starve innovation. And fake … Read the full press release →

Posted in Apparel, Fashion & Beauty, Belgium, Business, Economy, Electronics & Machinery, European Union, Financial, Government, Healthcare, International Trade, Law, Pharma & Biotech, Politics, Security & Safety, Society

Tagged Antonio Tajani, automotive brakes, children's toys, consumer awareness, cosmetics, counterfeit goods, Counterfeiters, Counterfeiting, electrical appliances, European citizens, fake articles, fake goods, fake medicines, fake products, fashion goods, food products, genuine products, illegal drugs, losses, medicines, Michel Barnier, original products

The EU and Japan finished the first week-long round of talks for a Free Trade Agreement (FTA)

Posted on 22, April 2013 by EuropaWire PR Editors

Brussels, 22-4-2013 — /europawire.eu/ — The EU and Japan today finished the first week-long round of negotiations for a Free Trade Agreement (FTA) less than a month after negotiations were officially launched. The EU team is headed up by Mauro Petriccione, Director … Read the full press release →

Posted in Belgium, Business, Economy, European Union, Financial, Government, International Trade, Politics

Tagged Brussels, Competition, economy, EU exports, EU-Japan, EU-Japan Trade Talks, exports, Free Trade Agreement, Japan, Japanese exports, Jun Yokota, Mauro Petriccione, negotiations, non-tariff barriers, public procurement, regulatory issues, sustainable development, tariffs, Tokyo, trade

ABB reports participation in Dividend Access Facility 2013

Posted on 22, April 2013 by EuropaWire PR Editors

The dividend is subject to approval by the shareholders at the Annual General Meeting on April 25, 2013 Zurich, 22-4-2013 — /europawire.eu/ — Shareholders representing 350’482’908 shares are participating in ABB Ltd’s Dividend Access Facility (DAF), corresponding to 59% of ABB … Read the full press release →

Posted in Business, Electronics & Machinery, Financial, Investment, Sweden, Switzerland

Tagged ABB Ltd, ABB Norden Holding AB, Annual General Meeting, DAF, dividend, Dividend Access Facility 2013, dividend payment, Euroclear Sweden, ISIN code, NASDAQ OMX Stockholm, SE0000625568, shareholders, shares, Zurich

ABB to acquire Power-One for approximately $1B and become the leading global supplier of solar inverters – the “intelligence” behind a solar PV system

Posted on 22, April 2013 by EuropaWire PR Editors

The boards of ABB and Power-One have agreed to a transaction in which ABB will acquire Power-One at $6.35 per share or approximately $1 billion equity value, which includes Power-One’s net cash of $266 million Combination creates global leader in … Read the full press release →

Posted in Business, Electronics & Machinery, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Switzerland, Technology

Tagged ABB, acquire, acquisition, Camarillo, Cleary Gottlieb Steen & Hamilton LLP, Credit Suisse, deal, Dunn & Crutcher LLP, EBITDA, ENERGY, energy mix, energy-efficient power conversion, equity, Gibson, global leader, Goldman Sachs & Co., grid, Joe Hogan, MERGER, net cash, power electronics, power management solutions, Power-One, PV value chain, PV-generated power, regulatory, renewable energy, renewable energy solutions, Richard J. Thompson, shareholders, Silver Lake Sumeru, solar photovoltaic (PV) inverters, Solar PV, Solar PV industry

Category Archives: Financial

ECB report on the results of the April 2013 euro area bank lending survey

Safran to purchase the Rolls-Royce 50% share of the joint RTM322 helicopter engine programme

Joint OeNB-ECB high-level Vienna conference discussed the preparations for the launch of the new Europa series of euro banknotes

EUR 300m EIB loan in support of European aeronautics leader EADS

United Kingdom and Ireland decided to join EU Insolvency Rules

The Commission sets up a Platform for Tax Good Governance

KfW IPEX-Bank to finance Düsseldorf Airport infrastructure modernisation

KfW IPEX-Bank increased its credit business by EUR 1.4b to EUR 12.9b in 2012

Strong civil aviation business helps Safran report 9.5% revenue growth in Q1 2013

Olympic Air and Aegean Airlines deal to be investigated by EC under the EU merger regulation

Karel De Gucht: The Transatlantic Trade and Investment Partnership: Global Impacts

Joint Statement by the EC, the ECB, and the IMF on Portugal

EU Auditors report calls on the EC to improve the running of regeneration projects on so-called “brownfield” sites

COTER: Territorial cooperation needs more flexibility and less bureaucracy to deliver growth

Michelin announces €4.9b in 1Q 2013 sales, in line with its full-year outlook

ECB & NCBs launch new educational game

Antonio Tajani and Michel Barnier called upon European citizens to be aware of the real price of fake products

The EU and Japan finished the first week-long round of talks for a Free Trade Agreement (FTA)

ABB reports participation in Dividend Access Facility 2013

ABB to acquire Power-One for approximately $1B and become the leading global supplier of solar inverters – the “intelligence” behind a solar PV system

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