Tag Archives: EU

EBRD and EU Partner with Montenegro to Boost Energy Efficiency in Schools, Cutting CO₂ and Energy Costs

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has granted Montenegro a €20 million loan, supplemented by EU funding, to improve energy efficiency in 24 educational buildings, including schools and a student dormitory. The upgrades, which will include … Read the full press release

AstraZeneca’s Fasenra Approved in EU for Treating Rare Vasculitis, Offering New Hope for EGPA Patients

(IN BRIEF) AstraZeneca’s Fasenra (benralizumab) has been approved in the European Union as an add-on treatment for adults with eosinophilic granulomatosis with polyangiitis (EGPA), a rare and severe form of vasculitis. The approval follows positive results from the MANDARA Phase … Read the full press release

Eviden Leads European Initiative to Enhance Cybersecurity with CYDERCO Project

(IN BRIEF) Eviden, part of the Atos Group, is leading the CYDERCO project, a three-year European initiative co-funded by the European Commission to enhance the capabilities of Security Operations Centers (SOCs) across the EU. The project, coordinated by Eviden in … Read the full press release

EU Businesses Lead Climate and Digital Investments Despite Economic Challenges, EIB Survey Shows

(IN BRIEF) The European Investment Bank’s (EIB) 2024 Investment Survey reveals that over 60% of EU companies have already invested in climate change mitigation and adaptation, while more than 70% have embraced digital transformation. The survey, covering 12,000 firms across … Read the full press release

Wainzua Receives EU Recommendation for Treating Hereditary Amyloidosis, Offering New Monthly Self-Administered Option

(IN BRIEF) AstraZeneca and Ionis’ drug Wainzua (eplontersen) has been recommended for approval in the European Union for treating hereditary transthyretin-mediated amyloidosis (ATTRv-PN) in adults with stage 1 or 2 polyneuropathy. Based on the positive results from the NEURO-TTRansform Phase … Read the full press release

Montenegrin Companies Invest in Green Technologies with EBRD and EU Backing for Sustainable Growth

(IN BRIEF) Montenegrin companies Merkator International and IceCom are making significant strides in sustainability with the help of a joint initiative from the European Bank for Reconstruction and Development (EBRD) and the European Union (EU). The program helps businesses invest … Read the full press release

OLAF and AFCOS Strengthen Cooperation to Combat Fraud at International Conference

(IN BRIEF) The European Anti-Fraud Office (OLAF) hosted a conference in Brussels with representatives from national Anti-Fraud Coordination Services (AFCOS) across the EU and candidate countries to enhance cooperation in fighting fraud. The event emphasized the need for collective action … Read the full press release

Telenor Warns Nordic Region to Strengthen Cybersecurity as EU’s NIS2 Directive Takes Hold

(IN BRIEF) Telenor’s Nordic Digital Security 2024 report emphasizes the urgency for greater collaboration and readiness across the Nordic region as the EU’s NIS2 Directive takes effect. The directive aims to enhance cybersecurity by enforcing stricter security requirements and mandatory … Read the full press release

EIA and NGOs Urge EU to Reject Deforestation Law Delay, Citing Global Climate and Forest Risks

(IN BRIEF) More than 225 civil society organizations, including the Environmental Investigation Agency (EIA), are urging the European Parliament and EU governments to reject the European Commission’s proposal to delay the implementation of the EU Deforestation Regulation (EUDR) by 12 … Read the full press release

EIB and Committee of the Regions Reinforce Partnership to Drive Economic Growth and Social Infrastructure in Europe

(IN BRIEF) During a recent plenary session, the Committee of the Regions and the European Investment Bank (EIB) renewed their commitment to fostering economic cohesion across the EU, focusing on both urban and rural areas. EIB President Nadia Calviño emphasized … Read the full press release

EU Finance Ministers Back EIB Group’s Action Plan to Enhance Capital Markets and Support Innovative Companies

(IN BRIEF) European Union finance ministers have endorsed a new Action Plan from the European Investment Bank (EIB) Group aimed at strengthening the Capital Markets Union. This initiative is designed to broaden financing options for innovative European companies and unicorns, … Read the full press release

European Commission Evaluates Poland’s Media Adherence to the Right to be Forgotten

THE EUROPEAN COMMISSION HAS BEEN ACTIVELY ASSESSING POLAND’S ALIGNMENT WITH THE EU’S “RIGHT TO BE FORGOTTEN” DIRECTIVE AS IT PERTAINS TO MEDIA OUTLETS. THIS SCRUTINY FOLLOWS A RECENT PROPOSAL AIMED AT EXPANDING THESE RIGHTS WITHIN THE MEDIA SECTOR. OVER THE … Read the full press release

EU’s Digital Wallet to Revolutionize Identity and Access for 448 Million Citizens by 2026

  (IN BRIEF) The European Union is preparing to roll out a digital identity wallet by 2026, which will provide secure digital identification for its 448 million citizens. This initiative aims to simplify access to government services, healthcare, travel, and … Read the full press release

EU-Backed Partnership Unlocks Millions in Loans for Danish Creative and Cultural Sectors

(IN BRIEF) A new partnership between the European Investment Fund (EIF) and the Export and Investment Fund of Denmark (EIFO), backed by the EU’s InvestEU program, will provide DKK 300 million in loans to Danish businesses within the creative and … Read the full press release

New European Judicial Network Targets Organised Crime, Focusing on Drug Trafficking and International Criminal Networks

(IN BRIEF) On 25 September 2024, Eurojust launched the European Judicial Organised Crime Network (EJOCN), aimed at fighting organised crime across Europe. This new network unites prosecutors from all 27 EU Member States to strategically combat high-risk criminal groups involved … Read the full press release

Ukrainian Innovators Thrive with Green Solutions Amidst War, Supported by EBRD and EU

(IN BRIEF) Ukrainian companies are leading green innovation despite the challenges of war, with support from the EBRD, EU, and Greencubator through the Climate Innovation Vouchers programme. Pipes.one has developed a mobile factory that reduces emissions and costs by producing … Read the full press release

EU Boosts Moldova’s Forestry and Railway Infrastructure with €212 Million Investment

(IN BRIEF) The European Union has announced two key investments to support Moldova’s development: a €200 million loan from the European Investment Bank (EIB) for forest expansion and a €12 million EU grant to upgrade the country’s railway infrastructure. The … Read the full press release

Ukraine Reopens Two Renovated Schools in Vinnytsia Oblast with EIB and EU Support

(IN BRIEF) Two schools in Vinnytsia Oblast, Ukraine, have reopened after energy-efficient renovations funded by the European Investment Bank (EIB) under the Ukraine Recovery Programme. These upgrades, benefiting over 700 students and staff, reduce CO2 emissions and energy consumption while … Read the full press release

La Banque Atlantique, la BEI et l’UE Lancent un Financement de 20 M€ pour Promouvoir l’Inclusion Financière au Sénégal

(IN BRIEF) La Banque Atlantique, en collaboration avec la BEI et l’UE, a lancé un financement de 13 milliards de francs CFA (environ 20 millions d’euros) pour soutenir des entreprises sénégalaises dans les secteurs informatique, agroalimentaire et santé. Cette initiative … Read the full press release

Roche’s PiaSky Approved in EU as First Monthly Self-Administered Treatment for PNH

(IN BRIEF) Roche has received approval from the European Commission for PiaSky® (crovalimab), a novel treatment for paroxysmal nocturnal haemoglobinuria (PNH), making it the first monthly subcutaneous (SC) treatment available in the European Union. PiaSky, which can be self-administered by … Read the full press release