Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Siemens off to solid start in fiscal 2013

Revenue slightly above prior-year level Book-to-bill ratio again above 1 Total Sectors profit up four percent No economic tailwinds expected in fiscal 2013 Munich, Germany, 28-1-2013 — /europawire.eu/ — Siemens is starting fiscal 2013 with solid figures. Compared to the same period … Read the full press release

Crédit Agricole S.A. launches the sale of 5.2% of Bankinter’s share capital

Paris, 28-1-2013 — /europawire.eu/ — Crédit Agricole S.A., which currently holds 85,146,775 shares amounting to approximately 15.1% of Bankinter’s share capital, has launched the process to sell a portion of this stake. The sale offer relates to 29,300,000 shares, representing approximately 5.2% of … Read the full press release

Ireland: Commission completes eighth Programme review

Brussels, 28-1-2013 — /europawire.eu/ — The European Commission has completed its eighth review of the EU-IMF financial assistance programme for Ireland and has published the technical report by the Directorate General for Economic and Financial Affairs (ECFIN) which assesses programme implementation by … Read the full press release

S&P affirms Generali rating at A

Trieste, 28-1-2013 — /europawire.eu/ — Standard & Poor’s, the rating agency, affirmed Generali rating at A, removing it from CreditWatch negative. The outlook is Negative. The rating is “two notches above the long-term rating on the Republic of Italy” thanks … Read the full press release

EIB and Bankinter sign SME and midcap financing agreement

28-1-2013 — /europawire.eu/ — The European Investment Bank (EIB) has signed a EUR 200 million agreement with Bankinter to finance the investment projects – especially innovation projects – of SME and midcap companies (with up to 3 000 employees) in the industrial … Read the full press release

Liquidity Bubble a Risk as Economy Improves

Central banks will need to remove liquidity from the system as economic conditions improve 2013 will be a transition year in which spending will increase Productivity will replace liquidity as the primary focus for growth The theme of the 43rd … Read the full press release

Zurich goes live with Detica NetReveal for fraud prevention and detection

Zurich Insurance Company in Italy has gone live with the multi-award winning Detica NetReveal® OnDemand managed service for claims fraud prevention 26-1-2013 — /europawire.eu/ — This is the first deployment of Detica NetReveal in Italy and the solution forms part of Zurich’s global rollout, building … Read the full press release

EIB continues to support smaller projects in Croatia with EUR 250 million

The European Investment Bank (EIB) is lending EUR 250 million to the Croatian Bank for Reconstruction and Development (HBOR – Hrvatska banka za obnovu i razvitak) to finance smaller projects promoted by small and medium-sized enterprises (SMEs), mid-cap companies and … Read the full press release

EU Conference on renewed financial assistance to countries wishing to join

Brussels, 26-1-2013 — /europawire.eu/ — The European Commission is today hosting a conference in Brussels to discuss preparations for the new Instrument for Pre-accession Assistance for the period 2014-2020 (IPA II). The conference will focus on how to provide efficient and constructive … Read the full press release

SureNow – Spontan in die Berge und noch schnell per Smartphone die Ski-Versicherung buchen

Neues App-Portal ermöglicht spontanen Versicherungsabschluss, überall und auch für kurze Dauer Kooperation mit der HDI Versicherung AG bietet Absicherung gegen Skibruch, Diebstahl und Unfall zu Tagestarifen ab 2,90 Euro 25-1-2013 — /europawire.eu/ — Spontan in den Schnee, ein Wintersportwochenende mit Freunden, … Read the full press release

State aid: Commission opens in-depth investigation into compensation for Sardinian airports

Brussels, 25-1-2013 — /europawire.eu/ — The European Commission has opened an in-depth investigation to examine whether an Italian scheme granting financial support to certain airport operators in Sardinia and the air carriers operating in these airports is in line with EU state … Read the full press release

“Utility” services: Internal Market MEPs vote for more freedom to choose

Public authorities choosing among bids to supply them with water, energy, postal or transport services must be free to take account of environmental or social needs, and not just the cost, said Internal Market MEPs voting on an update of … Read the full press release

EIB teams up with Europa Nostra to save Europe’s Cultural Heritage

25-1-2013 — /europawire.eu/ — Europe’s leading heritage organisation Europa Nostra has launched today its new flagship programme ‘The 7 Most Endangered’ with the European Investment Bank Group, represented by the EIB Institute, as its founding partner. This programme will identify endangered monuments and sites in Europe … Read the full press release

XAnge et l’IRD entrent au capital de Intent Technologies

Paris, 25-1-2013 — /europawire.eu/ — XAnge Private Equity et IRD annoncent leur entrée au capital de la société Intent Technologies, fournisseur d’une infrastructure de services numériques pour objets connectés dans l’habitat et le bâtiment intelligent pour un montant total de 1 … Read the full press release

State aid: Commission approves compensation for La Banque Postale of France for ensuring banking accessibility

Brussels, 25-1-2013 — /europawire.eu/ — The European Commission has found that public financing granted by France to the French bank La Banque Postale from 2009 to 2014 in order to improve banking accessibility are in line with EU state aid rules. In … Read the full press release

UK: Household costs rise by £4,000 in a year for UK families

UK Families Report Spending £331 More Per Month Since November 2011 Marginal rise in incomes outweighed by mounting expenses Families prioritise spending and make efforts to increase savings Unsecured debts peak at £11,101 as more families rent or live with … Read the full press release

Mehr als 97 % der Pronova-Aktionäre nehmen BASF-Angebot für Pronova BioPharma an

Erhöhtes freiwilliges Barangebot erfolgreich  Squeeze-out-Verfahren wird vorbereitet  Abschluss der Transaktion im ersten Quartal erwartet 24-1-2013 — /europawire.eu/ — Am 18. Januar 2013, 16:30 Uhr MEZ, ist die verlängerte Frist für das freiwillige Barangebot der BASF [Frankfurt: BAS, LSE: BFA, SWX: AN] an … Read the full press release

Studia Monetaria lectures for the general public at the Bank of Finland Museum, spring 2013

24-1-2013 — /europawire.eu/ — The Studia Monetaria lecture series will continue in the spring of 2013. The lectures deal with the Bank of Finland’s and the Financial Supervisory Authority’s (FIN-FSA) operational sectors and history. The lectures are given by leading … Read the full press release

EUR 200m from EIB to support 23 Water Investment Projects across Ireland

24-1-2013 — /europawire.eu/ — The European Investment Bank loan will provide €200 million to support improvements in Ireland’s Water Services Investment Programme (WSIP) by financing 23 projects in Dublin and 10 counties around the country to provide new water mains, water … Read the full press release

Sweden: Water technologies: EIB supports R&D activities of Xylem with EUR 120m loan

24-1-2013 — /europawire.eu/ — The European Investment Bank (EIB) has granted a loan of EUR 120m to Xylem for research, development and innovation activities in the water industry. The R&D project supported will be carried out at the company’s R&D centres … Read the full press release