Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Lawmakers and EU countries reach deal on EU fiscal rules

Posted on 21, February 2013 by

21-2-2013 — /europawire.eu/ — The next batch of EU economic governance legislation should do more to deliver growth and the European Commission’s new powers to vet Eurozone countries’ budgets will be better democratically controlled, thanks to a draft “two-pack” deal struck … Read the full press release →

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

Piaggio & C. S.p.A. INFORMATIVA SU ACQUISTO AZIONI PROPRIE

Posted on 21, February 2013 by

Milano, 21-2-2013 — /europawire.eu/ — Piaggio & C. S.p.A. comunica di aver acquistato, nei giorni 30 gennaio 2013, 31 gennaio 2013 e 5 febbraio 2013 n. 185.000 azioni proprie al prezzo medio di 2,008 Euro per azione, per un controvalore complessivo … Read the full press release →

Posted in Automotive, Business, Financial, Italy, United Kingdom

State Aid: Commission approves new Irish Risk Equalisation Scheme

Posted on 21, February 2013 by

Brussels, 21-2-2013 — /europawire.eu/ — The European Commission has approved under EU State aid rules the state compensations to be granted through the new risk equalisation scheme (RES) for the provision of private medical insurance in Ireland for the period 2013 to … Read the full press release →

Posted in Belgium, European Union, Financial, Government, Healthcare, Ireland, Politics, Society

State aid: Commission opens in-depth inquiry into state measures in favour of Estonian Air

Posted on 20, February 2013 by

Brussels, 20-2-2013 — /europawire.eu/ — The European Commission has opened an in-depth investigation into a number of public support measures granted by Estonia in favour of its flag carrier airline Estonian Air. At this stage, the Commission has doubts whether these measures … Read the full press release →

Posted in Aviation & Aerospace, Belgium, Business, Estonia, European Union, Financial, Government, Investment, Law, Society, Travel

The Central Bank of Ireland Conference on Distressed Property Markets

Posted on 20, February 2013 by

20-2-2013 — /europawire.eu/ — The Central Bank of Ireland today (13 February 2013) hosts a conference at the Institute of Bankers in Dublin focusing on distressed property markets. Two papers ‘On the hook for impaired bank lending: Do sovereign-bank inter-linkages affect the … Read the full press release →

Posted in Banks, Business, Financial, Government, Investment, Ireland

State aid: The Commission approves changes to the restructuring plan of the Brodosplit shipyard

Posted on 20, February 2013 by

Brussels, 20-2-2013 — /europawire.eu/ — The European Commission has authorised, an amendment to the restructuring plan and the privatisation contract for Brodosplit, one of the Croat shipyards in difficulty. The amendment concerns a modest increase in the total amount of restructuring aid … Read the full press release →

Posted in Belgium, Business, Croatia, European Union, Financial, Government, Investment

PSA Peugeot Citroën: Result of impairment tests on Automotive Division assets for Financial Year 2012

Posted on 20, February 2013 by

Paris, 20-2-2013 — /europawire.eu/ — PSA Peugeot Citroën’s 2012 results to be published on 13 February 2013 will include an impairment charge on the assets of the Automotive Division reflecting the impact on the Group of the deterioration of the European market. … Read the full press release →

Posted in Automotive, Business, Financial, France

Employment: Commission proposes five million euro from Globalisation Fund for former workers of Antonio Merloni S.p.A. in Italy

Posted on 20, February 2013 by

Brussels, 20-2-2013 — /europawire.eu/ — The European Commission has today proposed to provide Italy with five million euro from the European Globalisation Adjustment Fund (EGF) to help 1,517 former workers of Antonio Merloni S.p.A. with their re-integration into employment. The proposal now … Read the full press release →

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

ST-ERICSSON REPORTS FOURTH QUARTER 2012 FINANCIAL RESULTS

Posted on 20, February 2013 by

Net sales $358 million, in line with outlook Adjusted operating loss1) $133 million, 55% improvement since Q1 2012 NovaThor™ shipments grew 45% sequentially Geneva, Switzerland, 20-2-2013 — /europawire.eu/ — ST-Ericsson, a jointventure of STMicroelectronics (NYSE:STM) and Ericsson (NASDAQ:ERIC), reported financial results for … Read the full press release →

Posted in Business, Financial, Sweden, Switzerland, Telecom

Statistics on securities issues of Irish financial and non-financial firms: December 2012

Posted on 20, February 2013 by

20-2-2013 — /europawire.eu/ — At end-December 2012, the outstanding amount of debt securities issued by Irish financial and non-financial firms, and the Government was €1 trillion (or a reduction of approximately 2 per cent since December 2011). This contrasts with a … Read the full press release →

Posted in Banks, Business, Financial, Government, Ireland

Electrabel conteste formellement le rapport de l’auditorat auprès du Conseil de la Concurrence et fera valoir en toute transparence ses arguments

Posted on 20, February 2013 by

Bruxelles, 20-2-2013 — /europawire.eu/ — Electrabel prend acte du rapport remis au Conseil de la Concurrence par l’Auditorat mais conteste formellement les allégations d’abus de position dominante retenues par l’Auditeur dans son rapport. Le rapport déposé aujourd’hui fait suite à une étude de la … Read the full press release →

Posted in Belgium, Business, Energy, Gas & Oil, Financial, Government, Law

Successful bond issue for Banque PSA Finance in Argentina

Posted on 20, February 2013 by

Paris, 20-2-2013 — /europawire.eu/ — PSA Finance Argentina Compania Financiera S.A. (“PSA Finance Argentina”) (Aa2.ar/NR/AA(arg)), which is 50/50 owned by Banque PSA Finance and BBVA Banco Francés, raised AR$ 140 million (approximately €20 million) in two tranches on 4 February 2013 : … Read the full press release →

Posted in Automotive, Business, Financial, France, Investment

Speech: Ten Years on, where is the Euro headed? The economic and political future of the European Union

Posted on 19, February 2013 by

Olli REHN – Vice-President of the European Commission and member of the Commission responsible for Economic and Monetary Affairs and the Euro European Economic and Social Committee public hearing/Brussels Brussels, 19-2-2013 — /europawire.eu/ — Ladies and Gentlemen, Thank you for this opportunity to … Read the full press release →

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

The Central Bank of Ireland Publishes Programme of Themed Reviews for 2013

Posted on 19, February 2013 by

19-2-2013 — /europawire.eu/ — The Central Bank of Ireland today published its planned series of themed reviews and inspections for 2013. The main themes include examinations of the following areas: Code of Conduct on Mortgage Arrears – Review of various elements of … Read the full press release →

Posted in Banks, Business, Economy, Financial, Government, Insurance, Investment, Ireland

Mali: EU allocates an extra €22 million in humanitarian aid to victims of conflict

Posted on 19, February 2013 by

Brussels, 19-2-2013 — /europawire.eu/ — The European Commission is increasing its humanitarian aid funding to Mali by €22 million to assist more victims of the conflict. This brings to €115 million its emergency assistance since the start of the crisis in 2012. … Read the full press release →

Posted in Belgium, European Union, Financial, Government, Non Profit, Politics, Society

Internal Market Scoreboard: a record-breaking 15th anniversary edition!

Posted on 19, February 2013 by

Brussels, 19-2-2013 — /europawire.eu/ — Despite the challenging times, Member States have performed better than ever in transposing EU rules into national law on time according to the European Commission’s Internal Market Scoreboard published today. The Single Market has a key role … Read the full press release →

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

€50 million of Macro-Financial Assistance for Bosnia and Herzegovina, more concrete reforms expected

Posted on 19, February 2013 by

Brussels, 19-2-2013 — /europawire.eu/ — Bosnia and Herzegovina (BiH) received the first tranche (payment) worth €50 million from the Macro-Financial Assistance provided by the European Union. The decision to grant this assistance was taken to alleviate the impact of the economic crisis … Read the full press release →

Posted in Belgium, Bosnia and Herzegovina, Business, European Union, Financial, Government, Politics

The Central Bank of Ireland Enforcement Priorities in 2013

Posted on 19, February 2013 by

19-2-2013 — /europawire.eu/ — The Central Bank of Ireland today published its Enforcement Priorities for 2013 highlighting the importance of enforcement within its risk-based regulatory framework (PRISM). The Central Bank shall pursue enforcement actions across a number of topics, including non-compliance … Read the full press release →

Posted in Banks, Business, Economy, European Union, Financial, Government, Ireland

EURAZEO: CESSION PARTIELLE DE TITRES REXEL PAR RAY INVESTMENT SARL

Posted on 19, February 2013 by

Ne pas distribuer directement ou indirectement aux Etats-Unis, au Canada, en Australie ou au Japon.  Paris, 19-2-2013 — /europawire.eu/ — Eurazeo annonce la cession par Ray Investment s.à.r.l de 40 millions de titres Rexel, représentant environ 14,7 % du capital de Rexel, … Read the full press release →

Posted in Business, Electronics & Machinery, Financial, France

PSA Peugeot Citroën Welcomes the Responsible Attitude of the CFE / CGC – CFTC

Posted on 19, February 2013 by

Paris, 19-2-2013 — /europawire.eu/ — The Management of PSA Peugeot Citroën welcomes the responsible attitude of the CFE / CGC – CTFC – FO labour confederation in a context of an environment of sustained recession in the European markets and the difficult … Read the full press release →

Posted in Automotive, Business, Financial, France