This article is published in association with European Investment Bank. The European Investment Bank (EIB) has signed a €25 million financing contract with the University of Latvia to finance the third phase of the university’s campus development programme in Riga. This project aims to bring together most of the University’s activities on a single campus and […]Latvia: EIB supports final phase of new university campus development in Riga
November 29, 2024 by Leave a Comment
This article is published in association with European Investment Bank. The European Investment Bank (EIB) has signed a €25 million financing contract with the University of Latvia to finance the third phase of the university’s campus development programme in Riga. This project aims to bring together most of the University’s activities on a single campus and […]‘We need peace’: Global Forum concludes with hope and a plan
November 29, 2024 by Leave a Comment
This article is published in association with United Nations. The message, from second graders and octogenarians to imams, rabbis, young changemakers and the King of Spain, was clear: “we need peace and mutual understanding now more than ever before,” according to more than 1,800 participants at the UN Alliance of Civilizations 10th Global Forum, which concluded […]Serbia: European Union provides €160 million for the sustainable growth of SMEs through EIB Global, Banca Intesa and Intesa Leasing partnership
November 29, 2024 by Leave a Comment
This article is published in association with European Investment Bank. To spur growth, employment, and the green transition, the European Union has provided a €160 million financial package to support Serbian businesses. This initiative, which was announced today at a ceremony in Belgrade, is the result of a partnership between EIB Global of the European Investment Bank […]EBRD participates in Garanti BBVA’s Basel III-compliant Tier II bond issuance
November 29, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is investing US$ 75 million in Garanti BBVA’s second Basel III-compliant Tier II (B3T2) bond issuance in 2024. The financing will be used to further strengthen Garanti BBVA’s capital position, bolster its growth prospects and optimise its capital structure, […]Parliament calls for new elections in Georgia
November 29, 2024 by Leave a Comment
This article is brought to you in association with the European Parliament. Due to significant irregularities, MEPs reject the outcome of the recent parliamentary elections in Georgia and call for them to be re-run within a year. On Thursday, the European Parliament adopted a resolution condemning the 26 October parliamentary elections in Georgia, an EU candidate […]EBRD supports expansion of APU Dairy
November 29, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is supporting the development of Mongolia’s agribusiness sector, which employs almost one-third of the country’s workforce and accounts for nearly 13 per cent of its GDP, by granting a US$ 20 million loan (in MNT equivalent) to one […]The EP and the EPPO sign an agreement to enhance cooperation
November 29, 2024 by Leave a Comment
This article is brought to you in association with the European Parliament. This 27 November, the European Parliament and the European Public Prosecutor’s Office (EPPO) endorsed a working arrangement to facilitate and clarify procedures and exchanges of information The document signed between the President of the European Parliament, Roberta Metsola, and the European Chief Prosecutor, Laura […]Czech and Slovak businesses to get financing support with €400 million in EIB loans to Komerční banka and SGEF
November 29, 2024 by Leave a Comment
This article is published in association with European Investment Bank. The European Investment Bank (EIB) is lending a total of €400 million to two Czech financial institutions to spur the growth of small and medium-sized enterprises (SMEs) and Mid-Cap companies in the Czech Republic and neighbouring Slovakia. The EIB loans of €200 million each to Komerční […]Commission takes action to ensure complete and timely transposition of EU directives
November 29, 2024 by Leave a Comment
This article is brought to you in association with the European Commission. The Commission is adopting a package of infringement decisions due to the absence of communication by Member States of measures taken to transpose EU directives into national law. The Commission is sending a letter of formal notice to those Member States who have failed […]Wages are recovering after negative shift in 2022, says UN labour agency
November 29, 2024 by Leave a Comment
This article is published in association with United Nations. Pay packets around the world rose 1.8 per cent in 2023 and continued their positive trajectory in the first half of the year, rising by 2.7 per cent on the back of a strong post-COVID global recovery, the UN International Labour Organization (ILO) said on Thursday. “If […]Commission closes State aid investigations into Fiat, Amazon and Starbucks tax rulings
November 29, 2024 by Leave a Comment
This article is brought to you in association with the European Commission. The European Commission has closed three in-depth State aid investigations into transfer pricing tax rulings granted by Luxembourg to Fiat and Amazon, and by the Netherlands to Starbucks. Following judgments by the EU Courts, the Commission found that the tax rulings did not grant […]Commission fines Pierre Cardin and its licensee Ahlers €5.7 million for restricting cross-border sales of clothing
November 29, 2024 by Leave a Comment
This article is brought to you in association with the European Commission. The European Commission has fined Pierre Cardin and its largest licensee Ahlers a total of €5.7 million for breaching EU antitrust rules by restricting cross-border sales of Pierre Cardin-branded clothing, as well as sales of such products to specific customers. The infringement Pierre Cardinis […]Protecting healthcare workers in the frontlines of war: how to ensure their safety
November 29, 2024 by Leave a Comment
This article was exclusively written for The European Sting by Ms. Katerina Patrikou, a medical student at University of Crete, Greece. She is affiliated with the International Federation of Medical Students Associations (IFMSA), cordial partner of The Sting. The opinions expressed in this piece belong strictly to the writer and do not necessarily reflect IFMSA’s view on the […]‘Reverse dangerous cycle of escalation’ in Ukraine, UN official urges, amid ballistic missile strike
November 28, 2024 by Leave a Comment
This article is published in association with United Nations. Recent days have seen alarming signs of further escalation in the war in Ukraine, a senior UN official warned the Security Council on Wednesday, appealing for greater efforts to bring an end to Russia’s full-scale invasion of the country. “The latest developments follow the already disturbing reports […]2/3 of digital content creators do not fact-check, UNESCO survey reveals
November 28, 2024 by Leave a Comment
This article is published in association with United Nations. In an age when social media dominates global information sharing, an alarming two-thirds of digital content creators are publishing unverified information to millions of followers, a landmark survey by UN educational and cultural agency UNESCO revealed on Wednesday. The findings come at a critical moment when social […]Portugal: EIB Group and Santander provide €183 million to improve energy efficiency in buildings
November 28, 2024 by Leave a Comment
This article is published in association with European Investment Bank. The EIB Group – comprising the European Investment Bank (EIB) and the European Investment Fund (EIF) – has signed a synthetic securitisation with Santander to support new investments in energy efficiency in Portugal worth €183 million. The operation will focus on the renovation of existing buildings to […]Italy: EIB and E-Distribuzione sign €250 million sustainability-linked agreement to strengthen climate resilience, digitalisation and quality of Italian power grids
November 28, 2024 by Leave a Comment
This article is published in association with European Investment Bank. The European Investment Bank (EIB) and E-Distribuzione, Enel Group’s company, have signed the first €250 million tranche of a €500 million sustainability-linked loan. In concrete terms, the financing will help to back innovation and digitalisation of the power grid in Italy, increasing its resilience to avoid and react […]EBRD loan to improve water services in earthquake-affected Gaziantep
November 28, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is providing a sovereign loan of up to €110 million to Türkiye, through the Ministry of Treasury and Finance. Iller Bankasi, the authorised body responsible for disbursing all critical municipal infrastructure financing by international financial institutions in the […]Parliament approves the “von der Leyen II” Commission
November 28, 2024 by Leave a Comment
This article is brought to you in association with the European Parliament. Following a debate with Ursula von der Leyen on her new team and programme, MEPs elected the College of Commissioners as a whole by roll-call vote. 370 MEPs voted in favour, 282 against, and 36 abstained. Details on how each MEP voted will be […]Lebanon ceasefire deal: displaced communities start to return home
November 28, 2024 by Leave a Comment
This article is published in association with United Nations. As the Lebanon ceasefire deal entered into force early Wednesday based on the full implementation of Security Council resolution 1701 (2006) – facilitated by UN peacekeepers UNIFIL and bolstered by an international monitoring committee – UN humanitarians committed to supporting communities uprooted by the war that have […]Over €116 million in EU aid for Germany and Italy following floods in 2024
November 28, 2024 by Leave a Comment
This article is brought to you in association with the European Parliament. On Wednesday, MEPs approved over €116 million in EU Solidarity Fund aid to support recovery efforts in two EU countries relating to floods in 2024. The €116,031,553 in aid from the European Union Solidarity Fund (EUSF) will be distributed as follows: The EUSF assistance […]Guterres: Lebanon ceasefire deal ‘first ray of hope for peace’
November 28, 2024 by Leave a Comment
This article is published in association with United Nations. The ceasefire agreement in Lebanon represents “the first ray of hope for peace” in the regional war “amidst the darkness of the last few months”, UN Secretary-General António Guterres said on Wednesday in Lisbon. “It is a moment of great importance, especially for the civilians who were […]Erasmus+ Annual Report highlights support for 1.3 million learning opportunities abroad and 32,000 projects in 2023
November 28, 2024 by Leave a Comment
This article is brought to you in association with the European Commission. The 2023 Erasmus+ Annual Report released today, showcases the programme’s achievements in supporting lifelong learning and cooperation, with a strong focus on social inclusion, green and digital transitions, and the promotion of EU values. The report also explains how the programme has supported projects […]Safeguarding the healers: protecting healthcare workers in armed conflicts
November 28, 2024 by Leave a Comment
This article was exclusively written for The European Sting by Ms. Imane El Maimoun, a 21-year-old third-year Moroccan medical student at the Faculty of Medicine and Pharmacy of Casablanca. She is affiliated with the International Federation of Medical Students Associations (IFMSA), cordial partner of The Sting. The opinions expressed in this piece belong strictly to the writer and […]UN report reveals widespread restrictions on media freedom in Afghanistan
November 27, 2024 by Leave a Comment
This article is published in association with United Nations. In Afghanistan, journalists and media workers face challenges including arbitrary arrests, torture and severe restrictions on press freedom, according to a new United Nations report released on Tuesday. The joint report by the UN Assistance Mission in Afghanistan (UNAMA) and the UN Human Rights Office, OHCHR, documented 336 […]General Assembly President urges collective action on Sudan as crisis deepens
November 27, 2024 by Leave a Comment
Addressing the General Assembly on Tuesday, President Philémon Yang called for urgent collective action to address the humanitarian crisis in Sudan and stressed the shared responsibility of UN bodies to safeguard global peace and security. He was speaking at an Assembly meeting convened following the use of veto by Russia at the Security Council earlier […]EBRD and Palestinian Ministry of National Economy partner on insolvency law reform
November 27, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is partnering with the Palestinian Ministry of National Economy to develop a comprehensive insolvency law for businesses and citizens in the West Bank and Gaza. The new insolvency law will enhance the competitiveness of the Palestinian economy and […]Ukraine: Upgraded paediatric infectious disease department in Zhytomyr Oblast opens with the EU bank support
November 27, 2024 by Leave a Comment
This article is published in association with European Investment Bank. A newly modernised paediatric infectious diseases department was opened today at the Zhytomyr Regional Tuberculosis Dispensary in the village of Guiva, Zhytomyr Oblast. Dedicated to providing care for children, the department, which includes a fully equipped intensive care unit, can now accommodate more young patients. The […]Parliament improves its environmental performance
November 27, 2024 by Leave a Comment
This article is brought to you in association with the European Parliament. Parliament strengthens its commitment to sustainability by adopting ambitious environmental targets for the years to come. On Monday, the Parliament’s Bureau, the body that takes decisions on matters concerning the institution’s internal organisation, approved a significant increase in efforts to further reduce the Parliament’s […]Upholding human rights is key to ending AIDS by 2030
November 27, 2024 by Leave a Comment
This article is published in association with United Nations. Ahead of World AIDS Day on 1 December, a new report by the Joint UN Programme on HIV/AIDS (UNAIDS) highlights the critical role of human rights in ending the AIDS pandemic as a public health threat by 2030. Titled “Take the rights path to end AIDS,” the […]First European Semester Autumn Package under new economic governance framework sets out path for sound public finances and sustainable and inclusive growth
November 27, 2024 by Leave a Comment
This article is brought to you in association with the European Commission. The Commission has presented the first European Semester Autumn Package since the ambitious and comprehensive reform of the EU’s new economic governance framework entered into force in April 2024. It is an essential step in delivering on the objectives of the reform to make […]‘The UN is not leaving Haiti,’ spokesperson afffirms
November 27, 2024 by Leave a Comment
This article is published in association with United Nations. As the security situation in Haiti’s capital Port-au-Prince rapidly worsens due to ongoing gang violence, the United Nations is adjusting its operations to ensure the continued delivery of critical humanitarian assistance. In a briefing on Tuesday, UN Deputy Spokesperson Farhan Haq highlighted the deepening insecurity, noting that […]Commission approves French State aid to Corsica Linea and La Méridionale for maritime transport services
November 27, 2024 by Leave a Comment
This article is brought to you in association with the European Commission. The European Commission has found a €853.6 million public service compensation in favour of Corsica Linea and La Méridionale to be in line with EU State aid rules. The French measures will compensate both companies for the provision of passenger and freight maritime transport […]
