Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Council conclusions on EU statistics

3198th ECO OMIC and FI A CIAL AFFAIRS Council meeting Brussels, 13 ovember 2012 16-11-2012 — /europawire.eu/ — The Council adopted the following conclusions: “Following the priorities set in the ECOFIN Council Conclusions of 10 November 2009, 10 November 2010, and 20 June 2011 and … Read the full press release

Greenpark Solution chooses Atos Worldline for its contactless payment system KiWhi Pass

Greenpark based its contactless prepaid payment solution for recharging stations serving electronic and hybrid vehicles on Cashless technology offered by Atos Worldline Paris, 16-11-2012 — /europawire.eu/ — Atos Worldline, Atos core expertise in High-Tech Transactional Services, has been chosen by Greenpark, an expert … Read the full press release

EIB, first international financial institution to launch a report on Mobile financial services in the Mediterranean partner countries

15-11-2012 — /europawire.eu/ — A first-time debate on the role of mobile financial services to address financial exclusion in the Southern and Eastern Mediterranean was launched today by the European Investment Bank (EIB). A workshop, organised under the patronage of the EIB … Read the full press release

Vice-President Rehn’s remarks at the Eurogroup Press Conference

Olli REHN — Vice-President of the European Commission and member of the Commission responsible for Economic and Monetary Affairs and the Euro Eurogroup Press Conference/Brussels, 14-11-2012 — /europawire.eu/ — Thank you Jean-Claude. Ladies and gentlemen, Jean-Claude Juncker rightly drew your attention to the … Read the full press release

Spanish finance minister quizzed by EP economics committee

14-11-2012 — /europawire.eu/ — Spain is meeting and exceeding its economic reform targets, Spain’s finance minister, Luis De Guindos, told MEPs on Monday during a two-hour hearing in the economic and monetary affairs committee. MEPs pressed the minister on the danger of … Read the full press release

Statement on Financial Transaction Tax and Savings Directive

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

Conciliation on budget 2013: Statement by Commissioner Lewandowski

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

EIB provides EUR 50 million for construction of eight Irish schools

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

Sanofi successfully prices EUR 750 million bond issue

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

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

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

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

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

Eurogroup statement on Greece

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

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

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

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

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

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

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

University of Bristol International intern scholarships awarded

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

Porsche liefert im Oktober weltweit 24 Prozent mehr Sportwagen aus

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

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

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

President Valcárcel rejects any plans to cut CAP budget

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

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

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