Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Statement by Jeroen Dijsselbloem, the Eurogroup President, on Cyprus

Posted on 18, March 2013 by

The Eurogroup held a teleconference this evening to take stock of the situation in Cyprus  18-3-2013 — /europawire.eu/ — I recall that the political agreement reached on 16 March on the cornerstones of the adjustment programme and the financing envelope for Cyprus … Read the full press release →

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

A new three-year strategy for Belarus adobted by EBRD

Posted on 18, March 2013 by

18-3-2013 — /europawire.eu/ — A new three-year EBRD strategy for Belarus reaffirms the Bank’s strong commitment to supporting the country’s 9.5 million people through projects which contribute to the development of the private sector and improve the environment. The new strategy continues an … Read the full press release →

Posted in Banks, Business, Economy, European Union, Financial, Government, Politics, United Kingdom

The European Commission to amend this year’s EU budget to take into account the impact of Croatia’s accession to the EU

Posted on 18, March 2013 by

Brussels, 18-3-2013 — /europawire.eu/ — The European Commission proposes today to amend this year’s EU budget to take into account the impact of Croatia’s accession to the EU. The proposed increase amounts to EUR 655.1 million in commitments1 (0.4% of the 2013 budget) … Read the full press release →

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

Energy and transport in the Eastern and Southern Neighbourhood will be a key focus of new EU funding

Posted on 18, March 2013 by

Brussels, 18-3-2013 — /europawire.eu/ — Energy and transport sectors in the countries of the Eastern and Southern Neighbourhood will be a key focus of new EU funding approved today by the European Commission. The Commission decided to allocate EUR 200 million to … Read the full press release →

Posted in Belgium, Business, Energy, Gas & Oil, European Union, Financial, Government, Investment, Transportation & Logistics

Solvay Group FY and Q4 2012 Financial Review

Posted on 18, March 2013 by

18-3-2013 — /europawire.eu/ — Highlights Q4 2012 Net sales € 2,989 m, up 4% yoy with stable volumes, prices +2%, forex +2% Adj. REBITDA at € 430 m, up 22% yoy Specialty Polymers and Consumer Chemicals continued delivering yoy double-digit growth, whilst … Read the full press release →

Posted in Belgium, Business, Chemicals, Financial, Industrial

The European Investment Bank supports EADS Group’s innovation and R&D programmes with EUR 300m

Posted on 18, March 2013 by

Luxembourg/Amsterdam, 18-3-2013 — /europawire.eu/ — The European Investment Bank (EIB) and EADS have announced the signature of a EUR 300 million finance contract in support of EADS Group’s innovation and R&D programmes. This loan reflects the long-standing quality partnership that has formed … Read the full press release →

Posted in Aviation & Aerospace, Banks, Business, European Union, Financial, Government, Investment, Luxembourg, Netherlands

Mr Michalis SARRIS becomes EIB Governor for the Republic of Cyprus

Posted on 18, March 2013 by

18-3-2013 — /europawire.eu/ — Following recent presidential elections in the Republic of Cyprus, a new government has been formed and Mr Michalis SARRIS was sworn in as Minister of Finance on 1 March 2013, succeeding Mr Vassos Shiarly. Mr Sarris also … Read the full press release →

Posted in Banks, Business, Cyprus, European Union, Financial, Government, Management

Statement by the European Commission, ECB and IMF on Greece

Posted on 18, March 2013 by

Brussels, 18-3-2013 — /europawire.eu/ — Statement by the European Commission, ECB and IMF on Greece Staff teams from the European Commission, the ECB and the IMF have conducted discussions with the Greek authorities during the last two weeks regarding the review of … Read the full press release →

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

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Algirdas Šemeta, European Commissioner responsible for Statistics, welcomed the European Parliament’s endorsement today of the proposed Regulation on ESA 2010

Posted on 15, March 2013 by

Brussels, 15-3-2013 — /europawire.eu/ — Commissioner Šemeta welcomes EP vote on the revision of the European System of Accounts (ESA 2010) Algirdas Šemeta, European Commissioner responsible for Statistics, has welcomed the European Parliament’s endorsement today of the proposed Regulation on ESA 2010. … Read the full press release →

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

Solvay to invest €75m to build a new 85,000 ton per year Highly Dispersible Silica (HDS) plant in Włocławek, Poland

Posted on 15, March 2013 by

Brussels, 15-3-2013 — /europawire.eu/ — Solvay today announced it will invest €75 million to build a new 85,000 ton per year Highly Dispersible Silica (HDS) plant in Włocławek, Poland. Combined with a further capacity expansion at its site in Qingdao (China), … Read the full press release →

Posted in Belgium, Business, Chemicals, Financial, Industrial, Investment, Poland

EIB and EBRD to financially support completion of TES-Thermal Power Plant Sostanj project in Slovenia

Posted on 15, March 2013 by

15-3-2013 — /europawire.eu/ — The European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) have moved ahead with their financial support for the construction of a state-of-the-art thermal power plant and associated infrastructure in the city of … Read the full press release →

Posted in Banks, Business, Energy, Gas & Oil, European Union, Financial, Germany, Government, Industrial, Investment, Slovenia, United Kingdom

The EU should withhold budget support from Egypt unless it makes significant progress with human rights

Posted on 15, March 2013 by

15-3-2013 — /europawire.eu/ — The EU should withhold budget support from Egypt unless it makes significant progress with human rights, democracy and the rule of law, say MEPs in a resolution passed on Thursday. They also call for the death sentences … Read the full press release →

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

The European Bank for Reconstruction and Development is supporting the Kingdom of Morocco’s drive to provide electricity access to all its citizens through a €60m sovereign loan

Posted on 15, March 2013 by

€60 million loan to Office National de l’Electricité et de l’Eau Potable (ONEE) 15-3-2013 — /europawire.eu/ — The European Bank for Reconstruction and Development (EBRD) is supporting the Kingdom of Morocco’s drive to provide electricity access to all its citizens through … Read the full press release →

Posted in Banks, Business, Energy, Gas & Oil, Financial, Germany, Investment

Fiat S.p.A. announces the closing of its notes offering denominated in Euro announced on 12th March 2013

Posted on 15, March 2013 by

Turin, 15-3-2013 — /europawire.eu/ — The offering denominated in Euro announced on 12th March 2013 has been settled today and consists of notes with the following characteristics: – € 1.25 billion in principal amount of guaranteed 6.625% notes due March 2018, with an … Read the full press release →

Posted in Automotive, Business, Financial, Investment, Italy

A delegation of the EBRD Board of Directors will visit Bosnia and Herzegovina and Croatia

Posted on 15, March 2013 by

Directors to meet authorities, international officials, civil society, investors and entrepreneurs 15-3-2013 — /europawire.eu/ — A delegation of the EBRD Board of Directors will arrive in Sarajevo on Sunday for a visit to Bosnia and Herzegovina which will offer the Bank’s … Read the full press release →

Posted in Banks, Bosnia and Herzegovina, Business, Croatia, European Union, Financial, Government, Management, Politics, United Kingdom

Savills plc announces preliminary results for the full year ended 31 December 2012

Posted on 15, March 2013 by

15-3-2013 — /europawire.eu/ — Savills plc, the international real estate adviser, today announces a strong performance across the Group reflecting improving markets and the positive impact of prior years’ acquisitions and appointments. Key financial highlights; Group revenue up 12% to £806.4m … Read the full press release →

Posted in Business, Financial, Real Estate, United Kingdom

Mr Koen Geens was appointed Minister of Finance of the Kingdom of Belgium

Posted on 15, March 2013 by

15-3-2013 — /europawire.eu/ — Following the resignation of Mr Steven Vanackere, Mr Koen Geens was appointed Minister of Finance of the Kingdom of Belgium and took office on 6 March 2013. Mr GEENS also becomes EIB Governor for the Kingdom of … Read the full press release →

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

Tripartite Social Summit: addressing the challenges of economic recovery and the social dimension of Economic and Monetary Union

Posted on 15, March 2013 by

Brussels, 15-3-2013 — /europawire.eu/ — Addressing the challenges of economic recovery and the social dimension of Economic and Monetary Union, including the important role of workers’ and employers’ representatives, were the main issues discussed at the Tripartite Social Summit ahead of the … Read the full press release →

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

Atos Worldline chosen by ING-DiBa to handle its portfolio of more than 1.2 million credit cards for a further five years

Posted on 15, March 2013 by

Frankfurt, 15-3-2013 — /europawire.eu/ — Atos Worldline, Atos core expertise in hi-tech transactional services, has been chosen by ING-DiBa to handle its portfolio of more than 1.2 million credit cards for a further five years. ING-DiBa, Germany’s third-largest retail bank with 7.5 … Read the full press release →

Posted in Banks, Business, Financial, France, Germany, Internet & Online, Technology, Telecom

The European Investment Bank (EIB) and Siemens have entered into a Settlement Agreement

Posted on 15, March 2013 by

15-3-2013 — /europawire.eu/ — The European Investment Bank (EIB) and Siemens have entered into a Settlement Agreement that addresses alleged past violations of the EIB Anti-Fraud Policy in connection with projects financed by the EIB. The Agreement follows an investigation carried … Read the full press release →

Posted in Banks, Business, European Union, Financial, Germany, Law