This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is providing a €75 million sustainability-linked loan to Ülker, a leading confectionery producer in Türkiye, to further strengthen the company’s green agenda. The Bank’s loan will form part of a larger financing package amounting to €377 million – […]Search Results for: Trade
EBRD backs Turkish confectionery producer in accelerating its green efforts
November 5, 2025 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 €75 million sustainability-linked loan to Ülker, a leading confectionery producer in Türkiye, to further strengthen the company’s green agenda. The Bank’s loan will form part of a larger financing package amounting to €377 million – […]EU adopts 15th sanctions package against Russia for its continued illegal war against Ukraine
December 17, 2024 by Leave a Comment
This article is brought to you in association with the European Commission. The Commission welcomes the Council’s adoption of the 15th sanctions package against Russia. The focus of this package is to keep cracking down on Russia’s shadow fleet, as well as combating sanctions’ circumvention. It also includes substantial individual and entity listings related to the […]A Clean Industrial Deal for competitiveness and decarbonisation in the EU
February 27, 2025 by Leave a Comment
This article is brought to you in association with the European Commission. Today, the Commission presents the Clean Industrial Deal, a bold business plan to support the competitiveness and resilience of our industry. The Deal will accelerate decarbonisation, while securing the future of manufacturing in Europe. Faced with high energy costs and fierce and often unfair […]Spain: EIB and Iberdrola sign two loans totalling €108 million for investments in energy storage infrastructure in Extremadura
April 15, 2025 by Leave a Comment
This article is published in association with European Investment Bank. The European Investment Bank (EIB) has signed two green loans with Iberdrola totalling €108 million – a €50 million loan using own funds and a €58 million loan with funds from the Regional Resilience Fund (FRA). The operation aims to improve the pumping capacity of the Valdecañas hydroelectric complex, […]World News in Brief: Global growth slows, deadly Ukraine attacks, Haiti hurricane hunger risk, legal migration for refugees
June 11, 2025 by Leave a Comment
This article is published in association with United Nations. Global economic growth is expected to decline this year due to increased trade barriers and policy uncertainty, the World Bank said in a report published on Tuesday. Growth is projected to weaken to 2.3 per cent, or nearly half a percentage point lower than expected at the […]What next for the global economy?
May 4, 2023 by 1 Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Joe Myers, Writer, Forum Agenda Paul Donovan, Chief Economist at UBS Global Wealth Management; Gregory Daco, Chief Economist at EY-Parthenon; Sandra Phlippen, Chief Economist at ABN AMRO; and Svenja Gudell, Chief Economist at Indeed Inc, joined John Defterios, a […]New UN report charts path out of debt crisis threatening global development
June 30, 2025 by Leave a Comment
This article is published in association with United Nations. A decade after the adoption of the Sustainable Development Goals (SDGs), development is facing serious headwinds – including what UN officials describe as a “silent crisis” of surging debt service payments in low-income countries. On Friday, Deputy Secretary-General Amina Mohammed launched a new report, Confronting the Debt […]Ukraine: EIB provides over €60 million to support road reconstruction and urban transport renewal
December 9, 2024 by Leave a Comment
This article is published in association with European Investment Bank. The European Investment Bank (EIB) is providing over €60 million in EU guarantee-backed loans to strengthen critical infrastructure in Ukraine, as part of its Ukraine Solidarity Urgent Response package, developed in close cooperation with the European Commission. This support includes the reconstruction of a key segment of […]Four years after the coup, Myanmar remains on the brink
January 30, 2025 by Leave a Comment
This article is published in association with United Nations. Four years after the military coup which plunged Myanmar into turmoil, the country is facing an unprecedented “polycrisis,” marked by economic collapse, intensifying conflict, complex climate hazards and deepening poverty, according to a new report by the UN Development Programme (UNDP). Myanmar’s Enduring Polycrisis: Four Years into […]EBRD boosts green finance in Türkiye by investing in DenizBank’s green bond
September 19, 2025 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) has invested US$ 100 million (€86.4 million) in a green bond issuance by Türkiye’s DenizBank in a bid to increase access to green finance in the country. The total size of this bond issuance is approximately US$ 270 […]Guterres renews call for Israel-Iran ceasefire
June 19, 2025 by Leave a Comment
This article is published in association with United Nations. UN Secretary-General António Guterres said on Wednesday he remains “profoundly alarmed” by the ongoing military escalation between Israel and Iran, as the sides continued to trade airstrikes. “I reiterate my call for immediate de-escalation leading to a ceasefire,” Mr. Guterres said in a statement in which he […]Floods, drought and insecurity drive acute hunger for 7.5 million in Pakistan
February 19, 2026 by Leave a Comment
This article is published in association with United Nations. After a year that saw heavy monsoon floods, prolonged drought and dry spells, and a surge in violence, 7.5 million people in Pakistan face high levels of food insecurity and malnutrition according to a report from the global hunger monitor. At the top end, in the period from last December to […]Main messages from the Tripartite Social Summit
March 20, 2025 by 1 Comment
This article is brought to you in association with the European Commission. EU leaders and social partners met in Brussels for the Tripartite Social Summit, a twice-yearly forum for dialogue that brings together the leaders of the EU institutions and the European social partners. Today’s discussion focused on restoring Europe’s competitiveness as a place that attracts […]“Europe must be responsible for its own security”, Metsola tells EU leaders
February 5, 2025 by Leave a Comment
This article is brought to you in association with the European Parliament. At the informal European Council meeting on defence, the European Parliament President Metsola outlined her vision on how Europe can and must strengthen its own security and defence. “More action, more financing and more cooperation”, must be the EU’s goals, she argued. “First, we […]Commission adopts €1.8 billion support package to underpin Moldova’s economic growth plan on its path to the EU
October 11, 2024 by Leave a Comment
This article is brought to you in association with the European Commission. Today, the European Commission adopted a Growth Plan for the Republic of Moldova worth €1.8billion and underpinned by a Reform and Growth Facility for the period 2025-2027. The Plan, which is the largest EU financial support package since Moldova’s independence, will boost Moldova’s economy, […]An EU Compass to regain competitiveness and secure sustainable prosperity
January 30, 2025 by Leave a Comment
This article is brought to you in association with the European Commission. Today, the Commission presents the Competitiveness Compass, the first major initiative of this mandate providing a strategic and clear framework to steer the Commission’s work. The Compass sets a path for Europe to become the place where future technologies, services, and clean products are […]Stronger protection for workers with new asbestos guidelines and updated list of occupational diseases
December 19, 2025 by Leave a Comment
This article is brought to you in association with the European Commission. The European Commission has adopted new measures to better protect workers from asbestos, a dangerous cancer-causing substance. These measures contain: These new measures come on top of the revised asbestos at work Directive of 2023, which set lower occupational exposure limits and other measures […]Commission launches helpdesk to support EU SMEs comply with sanctions
March 26, 2025 by Leave a Comment
This article is brought to you in association with the European Commission. The European Commission has launched a new one-stop-shop providing vital support to European small and medium-sized enterprises (SMEs) navigating the complex landscape of sanctions compliance. The EU Sanctions Helpdesk will offer a comprehensive range of services designed to help SMEs comply with EU sanctions […]Commission approves €578 million Romanian State aid scheme to support energy-intensive companies
November 22, 2024 by Leave a Comment
This article is brought to you in association with the European Commission. The European Commission has approved, under EU State aid rules, a €578 million (RON 2.9 billion) Romanian scheme to lower an electricity levy rate for energy-intensive companies. The levy is intended to promote electricity from renewable energy sources. The scheme aims at mitigating the […]EU and UK reach €1.2 billion deal on 2026 fishing rights for EU fishers
December 11, 2025 by Leave a Comment
This article is brought to you in association with the European Commission. The European Union and the United Kingdom reached an agreement on fishing opportunities for 2026, covering over 95 Total Allowable Catches (TACs) in the North-East Atlantic. This arrangement aims to ensure the sustainable management of shared fish stocks, while offering stability and predictability for […]Commission welcomes the political agreement on new and stronger rules for the import, export and transit of firearms
March 15, 2024 by Leave a Comment
This article is brought to you in association with the European Commission. The European Commission welcomes the provisional political agreement reached today between the European Parliament and the Council on the Commission’s proposal to update the Regulation on import, export and transit of firearms for civilian use. The agreement delivers on another step in the implementation […]As One Cycle Ends, Another Begins Amid Growing Divergence
January 20, 2025 by Leave a Comment
This article is published in association with IMF. Pierre-Olivier Gourinchas We project global growth will remain steady at 3.3 percent this year and next, broadly aligned with potential growth that has substantially weakened since before the pandemic. Inflation is declining, to 4.2 percent this year and 3.5 percent next year, in a return to central bank […]Commission welcomes provisional agreement on new rules to improve welfare of dogs and cats
November 26, 2025 by Leave a Comment
This article is brought to you in association with the European Commission. The European Commission welcomes the agreement by the European Parliament and the Council of the EU on the first ever EU legislation on the welfare of dogs and cats, which will significantly improve the way these animals are treated, when bred, sold or adopted […]EBRD boosts Uludağ’s competitiveness and green credentials
March 17, 2025 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 €25 million loan to Türkiye’s Uludağ to finance investment in production lines and renewable energy capacity. The loan will finance the establishment of two aseptic production lines at the company’s factory in Yenice, which will […]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, […]Commission carries out unannounced antitrust inspections in the non-alcoholic drinks sector and asks for information in personal care sector
March 11, 2025 by Leave a Comment
This article is brought to you in association with the European Commission. The European Commission is carrying out unannounced inspections at the premises of companies active in the non-alcoholic drinks sector in several Member States. In parallel, the Commission has sent out a formal request for information to a company active in the personal care sector. […]Top impact stories from the World Economic Forum in 2023
January 2, 2024 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. 2023 was a turbulent year for many people. Yet, despite conflict, the intensifying climate crisis and a challenging economic outlook,, a number of initiatives by the World Economic Forum and its partners helped create impact to improve the state […]EBRD and EU boost access to finance for Moldovan businesses
October 16, 2025 by Leave a Comment
This article is brought to you in association with EBRD. Moldovan businesses are set to benefit from greater access to finance as the European Bank for Reconstruction and Development (EBRD), in partnership with the European Union (EU), extends new financial packages worth a total of €22.5 million to three Moldovan banks under the EU4Business-EBRD Credit Line. The […]Jakarta/Indonesia, the sinking city: the apnea of the forgotten
February 17, 2026 by Leave a Comment
This article was exclusively written for The European Sting by one of our passionate readers, Mr Tommaso Franco, geopolitical analyst specialized in International Relations at Luiss University (MA in European Studies). The opinions expressed within reflect only the writer’s views and not necessarily The European Sting’s position on the issue. All routes lead to Jakarta: the global […]EBRD supports Ukrainian city of Kharkiv with €25 million loan
October 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 lending €25 million to the city of Kharkiv in north-eastern Ukraine. The loan will help ensure the provision of vital municipal services in the city and mitigate the effects of the ongoing war. The Bank’s senior loan will be […]Medical Supply Chains Failed During COVID: Have We Fixed Them?
January 29, 2026 by Leave a Comment
This article was exclusively written for The European Sting by Dr Ahmed Bilal, MD, Vice President, PIMSA-GHWD– Pakistan International Medical Students Association. The opinions expressed within reflect only the writers’ views and not necessarily The European Sting’s position on the issue. In the spring of 2020, hospitals across Europe confronted a reality few policymakers had imagined possible. […]How Africa’s free trade area is an opportunity for recovery and development
May 26, 2022 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Chido Munyati, Head of Regional Agenda, Africa, World Economic Forum Sub-Saharan Africa has been hard hit by the pandemic – 39 million more people have since fallen into poverty.With rising energy and food prices the region needs to […]EIB Global backs RMBV North Africa Fund III to power private sector growth in Egypt, as part of a regional strategy covering North Africa
January 15, 2026 by Leave a Comment
This article is published in association with European Investment Bank. The European Investment Bank (EIB), through its development arm EIB Global, is investing $80 million in the RMBV North Africa Fund III to accelerate private sector development and sustainability in Egypt as part of a regional investment strategy covering North Africa. The signature took place at an […]
