Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

EIB announces EUR 70bn Funding Program for 2013

Posted on 27, December 2012 by

27-12-2012 — /europawire.eu/ — EIB has issued new projections for its funding activities, as part of the annual revision of its Corporate Operational Plan (COP). The Bank plans to borrow EUR 70bn in 2013. This is similar to the amount of … Read the full press release →

Posted in Banks, Business, Financial, Investment, Luxembourg

EIB and Banco Sabadell join forces to provide EUR 400 million for financing SMEs

Posted on 27, December 2012 by

27-12-2012 — /europawire.eu/ — The European Investment Bank (EIB) has signed a EUR 200 million loan agreement with Banco de Sabadell to finance the investment projects of SMEs and midcaps (companies with up to 3000 employees), mainly in industry and services. … Read the full press release →

Posted in Banks, Business, European Union, Financial, Investment, Small Business, Spain

Italy: EIB lends EUR 150 million to Acquedotto pugliese

Posted on 27, December 2012 by

27-12-2012 — /europawire.eu/ — A EUR 150 million loan from the European Investment Bank (EIB) for Acquedotto pugliese spa (AQP) was signed today in Bari. The signing ceremony was attended by EIB Vice-President Dario Scannapieco (who is responsible for operations in Italy, … Read the full press release →

Posted in Banks, European Union, Financial, Government, Infrastructure & Utilities, Investment, Italy

Renewed EU funding to support on-going reforms in Serbia

Posted on 27, December 2012 by

Brussels, 27-12-2012 — /europawire.eu/ — The European Commission announced that it has allocated €171,6 million today to support Serbia’s efforts to implement its EU reform agenda. The funding will focus on increasing the efficiency of the judicial system, developing asylum capacities and … Read the full press release →

Posted in Belgium, European Union, Financial, Government, Serbia

Yara share purchases for employee program

Posted on 27, December 2012 by

Oslo, 27-12-2012 — /europawire.eu/ — On 11 December 2012 the Yara employee share trust (“Stiftelsen For Ansattes Aksjer i Yara”) purchased 18,200 Yara shares in the market at an average price of NOK 283.3562 per share, as part of Yara’s employee share purchase … Read the full press release →

Posted in Agriculture, Business, Chemicals, Financial, Norway

Commission authorises €2.66 billion state aid to Italian agricultural sector after May earthquakes

Posted on 26, December 2012 by

Brussels, 26-12-2012 — /europawire.eu/ — The European Commission authorised today an Italian state aid scheme of €2.66 billion to support the recovery of the Italian agricultural sector from the damage caused by the earthquakes of 20 and 29 May 2012, which hit … Read the full press release →

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

Extended release regarding Yara acquisition of Bunge’s fertilizer business in Brazil

Posted on 26, December 2012 by

Oslo, 26-12-2012 — /europawire.eu/ — On 6 December 2012 Yara International ASA entered into an agreement to acquire Bunge’s fertilizer business in Brazil, significantly strengthening its fertilizer position in the country. Yara and Bunge have also agreed to enter into a long-term … Read the full press release →

Posted in Agriculture, Business, Chemicals, Environment, Financial, Industrial, Norway

State aid: Commission orders recovery of €360 million unlawful aid from Italian ground handling operator SEA Handling

Posted on 26, December 2012 by

Brussels, 26-12-2012 — /europawire.eu/ — The European Commission has concluded that around €360 million of state aid granted between 2002 and 2010 by SEA, the state-owned operator of the Milan Malpensa and Milan Linate airports, to its subsidiary SEA Handling, ground handling … Read the full press release →

Posted in Aviation & Aerospace, Belgium, Business, European Union, Financial, Government, Italy, Transportation & Logistics

Petrol d.d.signs agreements to sell the shares of Istrabenz d.d.

Posted on 26, December 2012 by

Ljubljana, 26-12-2012 — /europawire.eu/ — Petrol d.d., Ljubljana signed two agreements today to sell the shares of Istrabenz d.d. The agreements were entered into based on bids resulting from a public invitation to tender (published on 12 October 2012) for the … Read the full press release →

Posted in Business, Energy, Gas & Oil, Financial, Investment, Slovenia

State aid: Commission clears support for urban regeneration projects in Greece and Bulgaria

Posted on 26, December 2012 by

Brussels, 26-12-2012 — /europawire.eu/ — The European Commission has approved, under EU State aid rules, a Greek and a Bulgarian scheme aimed at supporting urban regeneration projects through the Joint European Support for Sustainable Investment in City Areas (JESSICA) initiative. The Commission … Read the full press release →

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

State aid: Commission finds Italian ICI real estate tax exemptions for non-commercial entities incompatible and clears amended exemptions under new IMU law

Posted on 26, December 2012 by

Brussels, 26-12-2012 — /europawire.eu/ — The European Commission has found that the former Italian system of municipal real estate tax exemptions granted to non-commercial entities for specific purposes (ICI) between 2006 and 2011 was incompatible with EU state aid rules. After the … Read the full press release →

Posted in Belgium, Business, European Union, Financial, Government, Italy, Law, Real Estate

200 mln zł na badania i rozwój w przemyśle metali nieżelaznych

Posted on 26, December 2012 by

26-12-2012 — /europawire.eu/ — 200 mln złotych zostanie przeznaczone na badania nad opracowaniem i wdrożeniem innowacyjnych technologii w szeroko rozumianej branży metali nieżelaznych. Porozumienie w tej sprawie, pod auspicjami Minister Nauki i Szkolnictwa Wyższego prof. Barbary Kudryckiej, podpisali przedstawiciele Narodowego Centrum … Read the full press release →

Posted in Business, Financial, Industrial, Investment, Metals and Minerals, Poland

Yara to acquire Bunge’s fertilizer business in Brazil

Posted on 26, December 2012 by

Oslo, 26-12-2012 — /europawire.eu/ — Yara International ASA has entered into an agreement to acquire Bunge’s fertilizer business in Brazil, significantly strengthening its fertilizer position in the country. The proposed transaction is valued at USD 750 million, and will be subject … Read the full press release →

Posted in Agriculture, Business, Chemicals, Financial, Industrial, Investment, Norway

State aid: Commission approves capital injection to finalise construction of Berlin Brandenburg airport

Posted on 26, December 2012 by

Brussels, 26-12-2012 — /europawire.eu/ — The European Commission has concluded that a €1.2 billion capital injection planned by the public owners of the new Berlin Brandenburg (BER) airport in order to finalise its construction is in line with EU rules on state … Read the full press release →

Posted in Aviation & Aerospace, Belgium, Construction, European Union, Financial, Germany, Government, Infrastructure & Utilities, Investment

EUR 300 million in new EIB finance for climate action and smart growth in Turkey

Posted on 24, December 2012 by

24-12-2012 — /europawire.eu/ — The European Investment Bank (EIB) is renewing its support for Turkey with a EUR 300 million total finance package for climate action, small and medium-sized enterprises (SMEs) and mid-sized companies (mid-caps). EIB Vice-President Pim van Ballekom commented on … Read the full press release →

Posted in Banks, Business, Environment, Financial, Investment, Luxembourg, Switzerland

Environment: Funding to boost INTERPOL fight against wildlife crime

Posted on 24, December 2012 by

Brussels, 24-12-2012 — /europawire.eu/ — The European Commission is to contribute nearly two million euros to INTERPOL in support of its efforts to combat wildlife crime and protect the world’s natural resources from the illegal international trade in wild flora and fauna. … Read the full press release →

Posted in Belgium, Environment, European Union, Financial, Government, Security & Safety, Society

State aid: Commission approves € 100 million aid for infrastructure at Port of Augusta, Sicily

Posted on 24, December 2012 by

Brussels, 24-12-2012 — /europawire.eu/ — The European Commission has approved under EU state aid rules aid totalling €100 million granted by Italy for an infrastructure investment project of €145,33 million at the Port of Augusta, in Sicily. The investment project will allow … Read the full press release →

Posted in Belgium, European Union, Financial, Government, Infrastructure & Utilities, Investment, Italy, Transportation & Logistics

European Globalisation Fund pays €25.3 million to help redundant workers in France, Ireland, The Netherlands, Spain and Sweden

Posted on 24, December 2012 by

Brussels, 24-12-2012 — /europawire.eu/ — The European Commission has just made payments to France, Ireland, The Netherlands, Spain and Sweden from the European Globalisation adjustment Fund (EGF). The total amount of €25.3 million will help 4722 workers in those countries back into … Read the full press release →

Posted in Belgium, European Union, Financial, France, Government, Ireland, Netherlands, Society, Spain, Sweden

EU announces major support to pioneering renewable energy and water plant in Djibouti

Posted on 24, December 2012 by

Brussels, 24-12-2012 — /europawire.eu/ — The European Union will support a project to build a desalination plant which will use renewable energy to provide water to 200,000 inhabitants, one-fourth of the country’s population, in some of Djibouti’s poorest areas. The announcement was … Read the full press release →

Posted in Belgium, Energy, Gas & Oil, Environment, European Union, Financial, Government

El Grupo Liberbank apuesta por los jóvenes y lanza al mercado su programa “Max Joven”

Posted on 24, December 2012 by

• La iniciativa aglutina las mejores prácticas y experiencias de entidades líderes en sus territorios naturales, en cuanto a productos, servicios y medios de pago adaptados especialmente al segmento de jóvenes • Sus usuarios podrán acceder a planes de ahorro, … Read the full press release →

Posted in Banks, Business, Financial, Spain