Tag Archives: recovery

EIB Provides €55 Million to Rebuild Ukraine’s Schools, Hospitals, and Social Infrastructure Under Recovery Programme

(IN BRIEF) The European Investment Bank (EIB) has allocated €55 million in EU-guaranteed funding under the Ukraine Recovery Programme to rebuild critical social infrastructure in 2025 and beyond. This funding, part of the €340 million framework loan backed by the … Read the full press release

Telefónica Pledges €3M and Volunteer Support for Swift Recovery in DANA Flood-Affected Areas

(IN BRIEF) Telefónica has committed €3 million through its Foundation to support those impacted by the recent DANA-related floods in Spain. In collaboration with local authorities and NGOs like the Red Cross, Telefónica mobilized teams to assist in relief and … Read the full press release

Estonia Contributes €10 Million to EU Fund for Ukraine’s Recovery Amidst Russian Aggression

(IN BRIEF) Estonia has pledged €10 million to the European Investment Bank’s (EIB) EU for Ukraine Fund, part of a broader initiative aimed at addressing Ukraine’s urgent needs and sustaining its economic stability. With support from multiple donors, including other … Read the full press release

EBRD Sets Investment Record of €2.1 Billion in Ukraine for 2023, Focusing on Recovery and Reconstruction

(IN BRIEF) In 2023, the European Bank for Reconstruction and Development (EBRD) marked a significant increase in investments in Ukraine, deploying a record €2.1 billion, following €1.7 billion in 2022. The EBRD’s investment efforts were directed toward supporting Ukraine’s recovery … Read the full press release

EIB Launches Regional Hub in Kyiv and Commits €450 Million to Support Ukraine’s Recovery and Resilience Initiatives

(IN BRIEF) The European Investment Bank (EIB) President Werner Hoyer and Vice-President Teresa Czerwińska visited Kyiv to reaffirm the EIB’s commitment to Ukraine. During the visit, they inaugurated the EIB Regional Hub for Eastern Europe in Kyiv, strengthening support for … Read the full press release

Spain reaffirms strategic partnership with EBRD to support Ukraine’s recovery

(IN BRIEF) Spain and the European Bank for Reconstruction and Development (EBRD) are working together to improve Ukraine’s food security and municipal sector. Spain has committed to providing guarantees worth up to €100 million to support EBRD’s operations in Ukraine’s … Read the full press release

Meridiam, GIP and the Caisse des Dépôts Group announced the closing of the acquisition of SUEZ, a major player in environmental services

(PRESS RELEASE) PARIS, 1-Feb-2022 — /EuropaWire/ — SUEZ Group (EPA: SEV), a French multinational company with over 160 years of expertise in water and waste management, has announced that the Consortium of shareholders made up of Meridiam, a global leading … Read the full press release

ENGIE and SUEZ to develop photovoltaic solar parks in all Recycling & Recovery waste storage facilities in mainland France

ENGIE and SUEZ commit to boosting the energy transition of French regions through a partnership to develop photovoltaic solar parks in all Recycling & Recovery waste storage facilities in mainland France. In total, about 100 sites are concerned, with an … Read the full press release

UK to confirm new £70 million package of recovery and reconstruction support for hurricanes hit British islands

Prime Minister Theresa May will confirm a new £70 million package of recovery and reconstruction support for British islands hit by recent hurricanes. LONDON, 28-Nov-2017 — /EuropaWire/ — Leaders from 11 British Overseas Territories will meet in Downing Street on Tuesday 28 … Read the full press release

EESC conference: The credit crunch and shrinking savings: how to break the vicious circle to kick-start recovery?

7-6-2013 — /europawire.eu/ — Low credit offerings lead to low consumption levels, which in turn cause the economy to stagnate. That is the key problem of the current economic crisis. The EU needs to respond and reverse the trend, but one … Read the full press release

Bank Austria PMI for April: Industry still in holding pattern, start of recovery delayed

• Bank Austria’s Purchasing Managers’ Index at 47.8 points in April, once again below the growth threshold, modest downwards trend since January continues • Lack of demand stimulus results in lower production and adjustments to headcounts in April • Industrial … Read the full press release

Clarification by the Central Bank of Cyprus (CBC) in response to media reports with regard to a paper by the European Central Bank (ECB)

Paper on the framework for resolution of credit and other institutions 16-4-2013 — /europawire.eu/ — In response to media reports with regard to a paper by the European Central Bank (ECB), in relation to the recovery and resolution of banks, the … Read the full press release