Tag Archives: European Union

EU-Backed EBRD Loans Boost Green and Competitive Growth for Moldova’s maib, Victoriabank, and Eximbank

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD), in partnership with the European Union, is extending €22.5 million in new loans to three Moldovan banks — maib, Victoriabank, and Eximbank — under the EU4Business-EBRD Credit Line to boost … Read the full press release

CertX Strengthens Europe’s AI Leadership Through Key Role in EU-Funded RobustifAI Project on Safe and Trustworthy GenAI

(IN BRIEF) CertX, part of SGS, has been appointed as the main assessment provider for the EU-funded €7.3 million RobustifAI project, which aims to create a framework for designing and deploying reliable, trustworthy Generative AI systems. The three-year initiative brings … Read the full press release

EU Deepens Collaboration with ASEAN to Accelerate Clean Energy Integration and Regional Power Grid Development

(IN BRIEF) The European Union has announced expanded support for Southeast Asia’s sustainable energy transition through a major partnership with ASEAN and the Asian Development Bank to advance the ASEAN Power Grid. The initiative aims to improve energy access for … Read the full press release

Kazakhstan’s maritime gateway set for major upgrade through €45 million EBRD-EU financing package

(IN BRIEF) The EBRD is providing €35 million in financing to modernise Kazakhstan’s port of Aktau, with up to €10 million in additional support expected from the EU, creating a total package of €45 million. The funds will extend berths … Read the full press release

EIB Group and EU4Business back €77 million financing boost for Moldovan SMEs through ProCredit Bank and Victoriabank

(IN BRIEF) The EIB Group, comprising the EIB and EIF, has signed guarantee agreements with ProCredit Bank Moldova and Victoriabank to mobilise over €77 million in new financing for nearly 1,000 Moldovan SMEs. Backed by the EU’s EU4Business Guarantee Facility, … Read the full press release

EIB InvestEU venture debt powers Aerospacelab’s growth, reinforcing Europe’s leadership in telecommunications, earth observation and space security

(IN BRIEF) The European Investment Bank (EIB) is providing €37.5 million in venture debt to Belgian satellite manufacturer Aerospacelab as part of the EU’s InvestEU programme, supporting the company’s growth in industrial satellite manufacturing and advancing Europe’s strategic autonomy in … Read the full press release

New EBRD-EU Green Economy Financing Facility to strengthen sustainable private-sector growth and household energy solutions in the West Bank

(IN BRIEF) The EBRD and EU have launched the Green Economy Financing Facility (GEFF) in the West Bank, providing up to €25.9 million in loans to local financial institutions to support on-lending for small-scale renewable energy and efficiency projects. Backed … Read the full press release

Czech Deputy Finance Minister Marek Mora to join EIB Management Committee as Vice-President

(IN BRIEF) Czech Deputy Finance Minister Marek Mora has been appointed Vice-President of the European Investment Bank, effective 20 October 2025. Nominated by the Czech government and approved by the EIB’s Board of Governors, Mora will replace Kyriacos Kakouris of … Read the full press release

Szustkowski, a Polish entrepreneur, urges stronger safeguards against disinformation, citing years of damaging false media claims

(NEWS) WARSAW, 27-Aug-2025 — /EuropaWire/ — Polish entrepreneur and philanthropist Robert Szustkowski has appealed directly to Prime Minister Donald Tusk, warning that an unchecked campaign of disinformation and hate speech has endangered his safety, destroyed his reputation, and forced him … Read the full press release

EBRD drives sustainable tourism in Montenegro through infrastructure investment and cultural heritage projects

(IN BRIEF) EBRD is supporting Montenegro’s economy by pairing infrastructure investments with cultural heritage initiatives to make tourism more resilient and sustainable. Backed by donors including the EU, Austria and Sweden, the Bank is funding transport and water supply upgrades … Read the full press release

Robert Szustkowski appeals to the Prime Minister of Poland for protection amid a wave of hate speech

(IN BRIEF) Robert Szustkowski is urging the Polish Prime Minister and EU institutions to strengthen protections against disinformation, arguing that since 2016 he has been the target of a sustained media campaign falsely linking him to Russian intelligence, organized crime, … Read the full press release

EBRD, EU, and EIB Back Electrification of Key Durrës–Rrogozhinë Rail Link

(IN BRIEF) The EBRD, EIB, and EU have joined forces to finance the reconstruction and electrification of Albania’s Durrës–Rrogozhinë railway, part of Pan-European Corridor VIII. The EBRD’s €30 million sovereign loan, matched by the EIB and backed by €60 million … Read the full press release

EMA Supports AstraZeneca’s Eco-Friendly Trixeo Aerosphere for COPD with Ultra-Low Emission Propellant

(IN BRIEF) AstraZeneca’s Trixeo Aerosphere has received a positive opinion from the EMA’s CHMP for use with a new propellant that offers a 99.9% reduction in Global Warming Potential compared to traditional formulations. Trixeo becomes the first pressurised metered-dose inhaler … Read the full press release

Westinghouse‑Led Consortium Completes Decommissioning of Two Bohunice VVER‑440 Reactors

(IN BRIEF) The BIDSF decommissioning project at Bohunice NPP in Slovakia has successfully dismantled two VVER‑440 pressurized water reactors and their supporting systems under a €100 million‑plus contract led by Westinghouse and VUJE; 6,700 tonnes of radioactive structures were safely removed using … Read the full press release

EIB-Backed Jiji Hydropower Plant Launch Powers 15,000 Homes and Boosts Burundi’s Growth

(IN BRIEF) Burundi’s President officially opened the Jiji hydroelectric plant in Bururi province, marking a major milestone toward the nation’s energy self-reliance. When paired with the soon-to-be-completed Mulembwe facility, the two dams will deliver 49.5 MW of capacity and 235 … Read the full press release

AstraZeneca’s Calquence Combination Therapy Approved for Untreated CLL in Europe Following Positive AMPLIFY Phase III Results

(IN BRIEF) AstraZeneca’s Calquence, in combination with venetoclax, with or without obinutuzumab, has been approved by the European Commission for the treatment of adult patients with previously untreated chronic lymphocytic leukaemia (CLL). The approval follows the positive results from the … Read the full press release

EIF and EIFO Sign First Deal Under EU’s Ukraine Export Credit Facility to Boost EU-Ukraine Trade

(IN BRIEF) The EIF and EIFO have signed the first deal under the EU’s Ukraine export credit guarantee facility, which supports European businesses exporting to Ukraine. The facility, offering up to €20 million in guarantees, aims to enhance trade between … Read the full press release

IRIS2 Satellite Constellation to Enhance Europe’s Connectivity and Technological Sovereignty with Deutsche Telekom’s Support

(IN BRIEF) The European Union’s IRIS2 satellite constellation project aims to build a powerful and secure communication network to strengthen Europe’s technological sovereignty. Deutsche Telekom will contribute its expertise in connectivity and IT infrastructure, designing advanced services, secure networks, and … Read the full press release

Nokia Leads €90 Million PROACTIF Consortium to Drive Innovation in Emergency Management and Critical Infrastructure

(IN BRIEF) Nokia will lead the PROACTIF consortium, a European project aimed at enhancing technology resilience and leadership in emergency management and critical infrastructure. The project, expected to generate €90 million in revenue by 2035, brings together 42 European companies … Read the full press release