Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Statement on Financial Transaction Tax and Savings Directive

Posted on 14, November 2012 by

Algirdas Šemeta – Commissioner responsible for Taxation and Customs Union, Audit and Anti-fraud ECON Committee (European Parliament) Brussels, 14-11-2012 — /europawire.eu/ — Madam Chair, Honourable Members, I am very happy to have the opportunity to continue our regular dialogue on taxation. Nobody questions today … Read the full press release →

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

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Conciliation on budget 2013: Statement by Commissioner Lewandowski

Posted on 14, November 2012 by

Brussels, 14-11-2012 — /europawire.eu/ — Tonight’s conciliation session on budget 2013 as well as on amending budget 5 (Solidarity Fund for Emilia Romagna) and amending budget 6 (request for additional funds for ERASMUS, Cohesion Policy, Rural Development and Science and Research) was suspended … Read the full press release →

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

EIB provides EUR 50 million for construction of eight Irish schools

Posted on 14, November 2012 by

14-11-2012 — /europawire.eu/ — The Minister for Education and Skills warmly welcomed the start of construction of eight schools which are being delivered under the Public Private Partnership (PPP) model. These are the first public sector projects to be funded under the … Read the full press release →

Posted in Construction, Education, European Union, Financial, Germany, Government, Ireland

Sanofi successfully prices EUR 750 million bond issue

Posted on 14, November 2012 by

Paris, France, 14-11-2012 — /europawire.eu/ — Sanofi (EURONEXT: SAN and NYSE: SNY) announces today that it has successfully priced its offering of EUR 750 million of notes, due 2017, bearing interest at an annual rate of 1 %. The issue is made under … Read the full press release →

Posted in Business, Financial, France, Healthcare, Investment, Pharma & Biotech, Science

EESC calls on Cohesion Ministers to endorse the partnership principle for a more efficient use of the EU budget

Posted on 14, November 2012 by

The EESC President Staffan Nilsson called on Member States to endorse the partnership principle in the cohesion policy and to adopt a European Code of Conduct on Partnership, as proposed by the Commission in the Cohesion Policy 2014-2020 package.  At … Read the full press release →

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

EU to invest €81 million to support key reforms in Albania

Posted on 13, November 2012 by

Brussels, 13-11-2012 — /europawire.eu/ — Albanian citizens are to benefit from the EU’s renewed financial support to the country’s reform efforts. The funds will be used to address key priorities such as the reform of the judiciary, fight against organised crime, and … Read the full press release →

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

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Eurogroup statement on Greece

Posted on 13, November 2012 by

12-11-2012 — /europawire.eu/ — The Eurogroup welcomes the significant progress made towards a full staff level agreement between Greece and the Troika on updated programme conditionality, including a wide range of robust and necessary measures in the areas of fiscal consolidation, structural reforms, privatisation, … Read the full press release →

Posted in Business, Economy, European Union, Financial, Government, Greece, Luxembourg

EU budget negotiations suspended over dispute on paying this year’s bills

Posted on 13, November 2012 by

12-11-2012 — /europawire.eu/ — Negotiations on next year’s EU budget were suspended on Friday evening due to disagreement between Parliament and Council over possible solutions to counter the lack of remaining funds in the 2012 budget. Parliament and Council have until midnight … Read the full press release →

Posted in Economy, European Union, Financial, Government, Law, Politics

EUR 175 million in new EIB finance for knowledge economy in Turkey

Posted on 12, November 2012 by

12-11-2012 — /europawire.eu/ — The European Investment Bank (EIB) is providing EUR 175 million in support of the knowledge economy in Turkey. The purpose of the project is to strengthen the science system and improve research and innovation capacity in the Republic … Read the full press release →

Posted in Banks, European Union, Financial, Government, Science, Turkey

Preparation of Economic and Finance Ministers Council, Brussels, 13 November 2012

Posted on 12, November 2012 by

Brussels, 12-11-2012 — /europawire.eu/ — The EU’s Council of Economic and Finance Ministers will start on Tuesday, 13 November at 11.00. The European Commission will be represented by Olli Rehn, Vice President and Commissioner for Economic and Monetary Affairs and the Euro, Joaquín … Read the full press release →

Posted in Belgium, Business, Economy, European Union, Financial, Government, Politics, Society

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University of Bristol International intern scholarships awarded

Posted on 12, November 2012 by
Scholarship winners (l-r): Samuel Lai, Ngoc Minh Nguyen, Professor Andy Nix (Head of Electrical & Electronic Engineering), Pengchuan Wang, Professor Nishan Canagarajah (Dean of Engineering), Dr Adam Crewe (Head of Civil Engineering), Sheik Abdul Malik, Lionel Goh and Ashutosh Rai.

Nine international students who have undertaken internships of outstanding significance to their academic study and career development have been awarded scholarships by Professor Nishan Canagarajah, Dean of Engineering. 12-11-2012 — /europawire.eu/ — The students who have received the award are: Lionel Goh … Read the full press release →

Posted in Education, Financial, Science, Society, United Kingdom

Porsche liefert im Oktober weltweit 24 Prozent mehr Sportwagen aus

Posted on 12, November 2012 by
Porsche liefert im Oktober weltweit 24 Prozent mehr Sportwagen aus

12-11-2012 — /europawire.eu/ — Im Oktober 2012 hat Porsche weltweit 11.688 Fahrzeuge verkauft und ein Plus von 24,1 Prozent gegenüber dem Vorjahresmonat erzielt. Im bisherigen Jahresverlauf lieferte der Sportwagenhersteller 116.050 Neuwagen an Kunden aus – ein Zuwachs von 15,6 Prozent gegenüber Januar … Read the full press release →

Posted in Automotive, Business, Financial, Germany, Technology

EIB continues to support upgrading of energy efficiency of residential buildings in Bucharest

Posted on 12, November 2012 by

The European Investment Bank (EIB) is lending EUR 27 million to finance the energy efficiency refurbishments of residential buildings in Romania’s capital, Bucharest. 12-11-2012 — /europawire.eu/ — The EIB loan will contribute to the financing of thermal rehabilitation of 94 high-rise panel residential … Read the full press release →

Posted in Business, European Union, Financial, Luxembourg, Real Estate, Romania

President Valcárcel rejects any plans to cut CAP budget

Posted on 12, November 2012 by

Brussels, 12-11-2012 — /europawire.eu/ — The President of the Committee of the Regions (CoR), Ramon Luis Valcárcel, has expressed his opposition to any reduction in the Common Agricultural Policy (CAP) budget, raising concerns about the impact that a haircut may have on Europe’s … Read the full press release →

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

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EU allocates €63 million to bring Kosovo* closer to Europe

Posted on 12, November 2012 by

Brussels, 12-11-2012 — /europawire.eu/ — The European Commission today announced that it has allocated €63 million to support Kosovo’s efforts to implement its EU-reform agenda. The funds will be used for reforms of the justice and public administration systems, to support the readmission … Read the full press release →

Posted in Belgium, European Union, Financial, Government, Investment, Society

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Aktia plc: CORRECTION to previous Stock Exchange Release Aktia updates financial objectives for 2015 and Interim Report Jan-Sep 2012

Posted on 12, November 2012 by

Helsinki, Finland, 12-11-2012 — /europawire.eu/ — Aktia plc corrects previous stock exchange release “Aktia updates financial objectives for 2015” 8.11.2012 and the Interim report January- September 2012. Aktia corrects an error in the wording in the presented information regarding the financial objectives for 2015. … Read the full press release →

Posted in Banks, Business, Financial, Finland, Insurance, Real Estate

Aktia plc: Aktia updates financial objectives for 2015

Posted on 12, November 2012 by

Helsinki, Finland, 12-11-2012 — /europawire.eu/ — Aktia implements an action program and updates its financial objectives for 2015. The update is motivated by the new business climate characterised by extremely low interest rates and new regulations. The action plan encompasses separate steps to be taken until … Read the full press release →

Posted in Banks, Business, Financial, Finland, Insurance, Real Estate

BMW Group increases sales by 13.2% in October

Posted on 10, November 2012 by

Best October ever with 157,618 BMW Group vehicles delivered BMW brand sales volume up 15.4% Robertson: We aim to continue the momentum Munich, 10-11-2012 — /europawire.eu/ — The BMW Group’s sales growth was once again in the double-digit range in October. A … Read the full press release →

Posted in Automotive, Business, Financial, Germany

Intershop posts sales growth again in the first nine months of 2012

Posted on 10, November 2012 by

Net revenues increase by 9% to EUR 38.7 million Positive result from operating activities (EBIT) of EUR 53 thousand Strong operating cash flow of EUR 2.1 million Jena, 10-11-2012 — /europawire.eu/ — Intershop Communications AG (ISIN: DE000A0EPUH1), supplier of integrated e-commerce solutions, … Read the full press release →

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

Eurosystem to introduce second series of euro banknotes – the “Europa” series

Posted on 9, November 2012 by

9-11-2012 — /europawire.eu/ — The European Central Bank (ECB) and the national central banks (NCBs) of the Eurosystem are to introduce a second series of euro banknotes. Called the “Europa” series, it will include a portrait of Europa – a figure from … Read the full press release →

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