Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Commission proposed an amendment to existing accounting legislation to enhance business transparency on social and environmental matters

Brussels, 18-4-2013 — /europawire.eu/ — The European Commission has today proposed an amendment to existing accounting legislation in order to improve the transparency of certain large companies on social and environmental matters. Companies concerned will need to disclose information on policies, risks … Read the full press release

The European Commission extended the Estonian Air state aid investigation opened in February 2013

Brussels, 18-4-2013 — /europawire.eu/ — State aid: Commission extends inquiry into public support measures for Estonian Air The European Commission has extended the scope of an in-depth investigation opened in February 2013 into public support measures in favour of Estonian Air (see IP/13/133) … Read the full press release

RBI präsentiert sich vor Investoren in London

Regelmäßiger Event zum Meinungsaustausch RBI ist österreichisches Unternehmen mit stärkster Analysten-Coverage 18-4-2013 — /europawire.eu/ — Die Raiffeisen Bank International (RBI) präsentierte sich heute in London vor Analysten und institutionellen Anlegern aus den wichtigsten Finanzzentren der Welt. Die Veranstaltung, die bereits seit … Read the full press release

The European Commission to investigate the proposed UK video games tax relief

Brussels, 18-4-2013 — /europawire.eu/ — The European Commission has opened an in-depth investigation into the proposed UK video games tax relief. The objective of the measure is to provide an incentive to video games developers to produce games meeting certain cultural criteria. … Read the full press release

Europe’s cities and regions: Commit extra €1bn from EU funds to support the citizens most in need

Brussels, 18-4-2013 — /europawire.eu/ — Europe’s cities and regions have argued that the level of investment for a new fund dedicated to supporting citizens most in need is insufficient. The European Commission has proposed ring-fencing €2.5bn from the total EU cohesion budget … Read the full press release

Tex Gunning appointed CEO of TNT Express

Hoofddorp, The Netherlands, 18-4-2013 — /europawire.eu/ — TNT Express NV announces that the Annual General Meeting of Shareholders (AGM) held today appointed Mr Tex Gunning as an additional member of the Executive Board of TNT Express in the position of CEO, with effect … Read the full press release

Olli REHN: Statement on Cyprus in the European Parliament

Olli REHN – Vice-President of the European Commission and member of the Commission responsible for Economic and Monetary Affairs and the Euro European Parliament Strasbourg, 18-4-2013 — /europawire.eu/ — President, Honourable Members, As President Barroso is attending the funeral of Baroness Thatcher … Read the full press release

Compañía Logística de Hidrocarburos CLH, S.A.: nearly €37m invested in the Autonomous Community of the Balearic Islands between 2007 and 2012

The chairman of CLH, José Luis Lopez de Silanes, held a meeting today in Palma (Majorca) with the president of this Autonomous Community, José Ramón Bauzá, to explain to him in person about the company’s activities and the latest investments that have been made … Read the full press release

Erste Bank und Sparkassen continue to focus on innovative products in connection with ‘Austria’s most modern bank account’

New money transfer service: Scan & Pay NFC: contactless payment possible with immediate effect Online safe for personal documents With additional new features, Erste Bank und Sparkassen continue to focus on innovative products in connection with ‘Austria’s most modern bank … Read the full press release

Rabobank and the trade organisations (De Unie, FNV and CNV) reached agreement concerning pruning back the Collective Labour Agreement until the end of 2015

18-4-2013 — /europawire.eu/ — The new Collective Labour Agreement is expected to go into effect on 1 July 2013. The main agreements are: the abolition of variable remuneration, no general wage increase, replacement of the Social Statute by a Social Plan … Read the full press release

NCFB study and Rabobank’s practice find many family businesses have difficulty keeping younger generations involved with the business

17-4-2013 — /europawire.eu/ — Many family businesses have difficulty keeping younger generations involved with the business. Research reveals that it is precisely this younger generation of owners that plays a crucial role in the field of innovation. This is particularly true … Read the full press release

De Lage Landen’s managed portfolio grew 5% to EUR 30.8 billion in 2012

De Lage Landen keeps investing in its networked organization Eindhoven, 17-4-2013 — /europawire.eu/ — “Our company’s performance is the result of strong relationships with our partners and the added value we bring through integrated solutions,” says CEO Ronald Slaats of De … Read the full press release

The Central Bank of Cyprus makes arrangements to improve the repayment ability of loans

17-4-2013 — /europawire.eu/ — The Central Bank of Cyprus (CBC) announces that in order to assist those borrowers who are facing problems in servicing their debt, as a result of the adverse conditions created by the Eurogroup’s decision of 25 … Read the full press release

Independent third party evaluation of the implementation of Cyprus’ Anti Money Laundering framework

17-4-2013 — /europawire.eu/ — As agreed with the International Monetary Fund, the European Commission, and the European Central Bank (“the programme partners”) and following the Eurogroup decisions taken in March 2013, Cyprus has commissioned, on the basis of agreed terms of … Read the full press release

Cable & Wireless Communications Chief Executive praises BTC for a successful first two years

17-4-2013 — /europawire.eu/ — BTC has had a highly successful two years, in which it reduced calling rates for customers, introduced mobile data services and a full range of smartphones, and improved their experience, according to its majority shareholder Cable & … Read the full press release

The Commission welcomes EP’s decision to grant discharge to the Commission in respect of the implementation of the 2011 EU budget

Strasbourg, 17-4-2013 — /europawire.eu/ — Algirdas Šemeta, Commissioner responsible for Taxation, Customs, Statistics, Audit and Anti-Fraud, said: “The decision by the European Parliament to grant discharge to the Commission is recognition of our consistent effort over the years to improve the management and … Read the full press release

Erste Group’s research report “Fiscal rules in CEE” – fiscal masochism or necessary clean up?

New fiscal rules in EU six-pack to benefit CEE5 countries and reduce risk of self-defeating austerity No need for CEE countries to raise taxes if they stick to growth-friendly policies and cap real increase of expenditures below 1% CEE5 countries … Read the full press release

Edith Siermann of Robeco Group to become responsible for the RobecoSAM Governance and Active Ownership unit in Rotterdam, the Netherlands

Robeco further aligns Sustainability Investing reporting lines  Rotterdam, 16-4-2013 — /europawire.eu/ — Robeco Group announces that Edith Siermann, CIO Fixed Income Investments, will become responsible for the RobecoSAM Governance and Active Ownership unit in Rotterdam, the Netherlands. As part of this … Read the full press release

President Barroso and Commissioner Barnier comment on the European Parliament’s approval of new rules for stronger prudential requirements on banks

Brussels, 16-4-2013 — /europawire.eu/ — Statement by President Jose Manuel Barroso and Commissioner Michel Barnier following the European Parliament’s approval of new European rules to impose stronger prudential requirements on banks President J.M. Barroso: I welcome the vote in the European Parliament … Read the full press release

Clarification by the Central Bank of Cyprus (CBC) in response to media reports with regard to a paper by the European Central Bank (ECB)

Paper on the framework for resolution of credit and other institutions 16-4-2013 — /europawire.eu/ — In response to media reports with regard to a paper by the European Central Bank (ECB), in relation to the recovery and resolution of banks, the … Read the full press release