Tag Archives: European Union

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

Digital integrity at risk: EU Initiative to strengthen the Right to be forgotten gains momentum

(IN BRIEF) Robert Szustkowski, a philanthropist and key advocate for digital rights, is spearheading a European initiative to expand the Right to Be Forgotten, as outlined in the GDPR, to include media organizations as data controllers. This initiative is designed … Read the full press release

Hydro Extrusions’ Paul Warton Appointed Chair of European Aluminium, Succeeding Philipp Schlüter

(IN BRIEF) Paul Warton, Executive Vice President of Hydro Extrusions, has been appointed the new Chair of European Aluminium, succeeding Philipp Schlüter. Warton, with over 30 years of experience in the aluminium industry, will lead the organization in promoting sustainability, … Read the full press release

New EBRD Facility Supports Ukraine’s Energy Security and War Recovery Through Loans and Grants to Businesses and Households

(IN BRIEF) The EBRD has extended a portfolio-risk-sharing facility to Raiffeisen Bank Ukraine to unlock €100 million in investments supporting Ukraine’s energy security. As the fourth Ukrainian bank to join the EBRD’s Energy Security Support Facility, RBU will issue loans … Read the full press release

Banking Alliance Paves the Way for a Robust EU Clean Energy Future

(IN BRIEF) NORD/LB and the EIB have launched a significant financing partnership to boost the transition to clean energy within the European Union. The collaboration will fund new small and medium-sized renewable energy projects, with targeted investments in photovoltaic systems, … Read the full press release

Europe Unveils Landmark Data Collection on Veterinary Antimicrobial Practices in 2023

(IN BRIEF) In 2023, a historic initiative saw all 27 EU countries, along with Iceland and Norway, collecting and reporting both sales and usage data on veterinary antimicrobials for the first time. The resulting ESUAvet report details that 98% of … Read the full press release