Category Archives: Luxembourg

Press Releases & News from Luxembourg distributed via EuropaWire

EU Court of Justice on the Google v Agencia Española de Protección de Datos case: search engines not responsible for personal data appearing on web pages they process

26-6-2013 — /europawire.eu/ — National data protection legislation is applicable to them when they set up an office in a Member State which orientates its activity towards the inhabitants of that State, so as to promote and sell advertising space, even … Read the full press release

European Court of Auditors find emergency funds for redundant workers should be paid out faster

25-6-2013 — /europawire.eu/ — A special fund to help workers made redundant by globalisation delivers only limited EU added-value and should be replaced by a more efficient system, according to a new report from the European Court of Auditors (ECA), the … Read the full press release

EIB, Société Générale Expressbank open EUR 100M credit line to support SMEs in Bulgaria

25-6-2013 — /europawire.eu/ — The European Investment Bank (EIB) and Société Générale Expressbank AD have signed an agreement for EUR 100 million to finance projects which will contribute to increasing employment and the competitiveness of the Bulgarian economy. The funds will be utilized tofinance projects of small and medium-sized companies in the areas of … Read the full press release

ULJANIK Shipyard delivered Yard 497 “Bartolomeu Dias” to Luxembourg Company Jan De Nul

24-6-2013 — /europawire.eu/ — ULJANIK Shipyard on 16th May delivered to the Luxembourg Company Jan De Nul S.A. Capellen D.D. Luxembourg yard 497 named «Bartolomeu Dias». It is the second constructed Trailing Suction Hopper Dredger of 26,000 tonnes deadweight, length 147.6 … Read the full press release

EU Court of Justice Judgment in Bundeswettbewerbsbehörde, Bundeskartellanwalt v Schenker & Co. and Others Case

Legal advice given by a law firm or a decision of a national competition authority does not exempt an undertaking from anti-competitive conduct or from imposition of a fine Luxembourg, 21-6-2013 — /europawire.eu/ — National competition authorities may by way of exception refrain from … Read the full press release

European Court of Auditors: EU Support for Governance in Egypt “well-intentioned but ineffective”

Luxembourg, 18-6-2013 — /europawire.eu/ — A report published by the European Court of Auditors (ECA) is highly critical of EU aid spending to promote key areas of governance in Egypt in the periods before and after the Uprising of January 2011. “The … Read the full press release

EIB opens EUR 500M trade finance to foreign trade oriented SMEs in Greece

Athens / Luxembourg, 12-6-2013 — /europawire.eu/ — The European Investment Bank (EIB) provides up to EUR 500 million for trade finance to support foreign trade oriented small and medium sized companies (SMEs) in Greece. The EIB, as a long-term lender, has adapted to … Read the full press release

EIB provides additional EUR 200M to the Turkish State Railways for the Istanbul-Ankara High Speed Rail Line

Ankara / Luxembourg, 10-6-2013 — /europawire.eu/ — The European Investment Bank is providing EUR 200 million to the Turkish State Railways, as a further contribution to upgrading the country’s main transport corridor between Ankara and Istanbul. This additional funding brings total EIB … Read the full press release

European Court of Auditors: Researchers looking to the EU for funding still face too much red tape

Luxembourg, 7-6-2013 — /europawire.eu/ —  The European Commission has taken a number of steps to bolster its management of the Seventh Framework Programme for Research (FP7), according to a new report from the European Court of Auditors (ECA). However, researchers seeking … Read the full press release

EIB and Kosovo signed Framework Agreement

Luxembourg / Pristina, 7-6-2013 — /europawire.eu/ —  Today, Mr Anton Rop, Vice-President of the European Investment Bank (EIB), and Kosovo*’s Finance Minister, Mr Besim Beqaj, signed a Framework Agreement governing future EIB activities in Kosovo*, in the presence of the Prime … Read the full press release

EU-wide protection for domestic violence victims under new EU law

Luxembourg, 7-6-2013 — /europawire.eu/ — Victims of violence, in particular domestic violence, will soon be able to count on EU-wide protection, following today’s adoption of a European Commission proposal by Justice Ministers from the EU Member States. The new regulation for an … Read the full press release

EU27 2012 CO2 emissions expected to have decreased by 2.1% YoY

Early estimates of CO2 emissions from energy use 30-5-2013 — /europawire.eu/ — Eurostat estimates that in 2012 carbon dioxide (CO2) emissions from fossil fuel combustion decreased by 2.1% in the EU27, compared with the previous year1, after a fall of 4.1% in 2011. … Read the full press release

EC approves Syniverse of the US acquisition of Mach of Luxembourg, subject to conditions

Brussels, 29-5-2013 — /europawire.eu/ —  Following an in-depth review, the European Commission has approved under the EU Merger Regulation the proposed acquisition of Mach of Luxembourg by Syniverse of the US. The approval is conditional upon the divestiture of Mach’s Data Clearing (“DC”) services … Read the full press release

Middle East and North Africa (MENA) SME Facility established to expand access to finance for small businesses

Amman, Jordan, 27-5-2013 — /europawire.eu/ — IFC, a member of the World Bank Group, the European Investment Bank (EIB), Agence Française de Développement (AFD), and the European Commission through the  Neighborhood Investment Facility (NIF) are working together to provide funding for … Read the full press release

Viviane Reding: The EU’s Data Protection rules and Cyber Security Strategy: two sides of the same coin

NATO Parliamentary Assembly/Luxembourg 22-5-2013 — /europawire.eu/ — The Internet is the infrastructure of the modern age. It accounted for more than 20% of GDP growth in the world’s major economies over the last five years. If it were a national … Read the full press release

EU Court of Justice delegation to officially visit Bulgaria

Luxembourg, 21-5-2013 — /europawire.eu/ — As part of the constant contacts which the Court of Justice of the European Union maintains with the highest courts of the Member States, a delegation from the Court will make an official visit to Bulgaria, from Saturday, … Read the full press release

EIB priced new USD 5 billion Global benchmark issue in the 3-year sector

21-5-2013 — /europawire.eu/ — The European Investment Bank (‘EIB’) priced a new Global benchmark issue in the 3-year sector. This is EIB’s second 3-year US Dollar Global and fourth US Dollar Global of the year. The transaction was priced at … Read the full press release

EIB signs EUR 300m loan agreement with CaixaBank to finance SMEs and midcaps

Luxembourg, 20-5-2013 — /europawire.eu/ — The European Investment Bank (EIB) has signed a EUR 300 million loan agreement with CaixaBank to finance small and medium-scale investment projects promoted by SMEs (with fewer than 250 employees) and midcaps (companies with up to 3 000 … Read the full press release

Pascal Laffineur appointed CEO Altran Benelux

16-5-2013 — /europawire.eu/ — Pascal Laffineur (47) has been appointed CEO of Altran Benelux. He is member of the Group’s management committee and reports directly to Michael Blickle, Group Executive Vice-President for Northern Europe. After graduating from the Catholic University of … Read the full press release

EIB to lend EUR 15 billion to SMEs during 2013 to 2015 in order to support growth and jobs in Europe

EIB attaches high importance to small and medium-sized enterprises 16-5-2013 — /europawire.eu/ — The European Investment Bank (EIB) attaches the highest importance to supporting small and medium-sized enterprises in order to promote growth and jobs in Europe. The President of the … Read the full press release