Mobile and Banking Industries Join Forces to Fight Fraud

This article is brought to you in association with the GSMA. GSMA and UK Finance convened mobile operators and banks in the UK to deliver Scam Signal, a new solution to combat fraud  5 November 2024, London: GSMA and UK Finance have joined forces to provide a collaborative framework for the UK’s leading mobile network operators […]

UNHCR launches $10 billion appeal to address global refugee crisis in 2025

This article is published in association with United Nations. The UN refugee agency (UNHCR) has launched a $10 billion appeal for 2025 to meet critical needs and implement sustainable solutions for millions of refugees, displaced persons and stateless people worldwide. Announced earlier this week, the agency’s Global Appeal comes amid escalating humanitarian crises, as conflict, persecution […]

EU aid worth €700,000 to support 632 dismissed workers in Belgium

This article is brought to you in association with the European Parliament. 632 employees of the machinery and paper enterprises Purmo and Sappi who lost their jobs should receive €700,000 in EU aid. On Thursday, the Committee on Budgets approved Belgium’s request for €704,135 in EU aid through the European Globalisation Adjustment Fund for Displaced Workers […]

Europe’s best days must lie ahead of us

This article is brought to you in association with the European Commission.

This article is brought to you in association with the European Parliament. At the 6th Trilateral Business Forum in Paris, EP President Metsola said that improving the productivity of the economy is the starting point for boosting Europe’s competitiveness. 6th Trilateral Business Forum Address by the President of the European Parliament Roberta Metsola Paris, 21st November […]

Commission approves €578 million Romanian State aid scheme to support energy-intensive companies

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 […]

Norway: Nordic businesses to get €190 million green-investment boost as EIB Group and Norwegian DNB Bank ASA team up in first-of-its-kind deal for region

This article is published in association with European Investment Bank. The European Investment Bank (EIB) Group and Norwegian DNB Bank ASA are joining forces in a groundbreaking financing initiative, marking 50 years since the EIB’s first investment in Norway. This collaboration will provide up to NOK 2.2 billion (€190 million) for a range of businesses in […]

COP29: Circular economy investments deliver social, economic and environmental benefits

This article is brought to you in association with EBRD. At the United Nations Climate Change Conference (COP29) in Baku, Azerbaijan, Multilateral Development Banks (MDBs) presented their first joint report on the circular economy: “The circular economy in motion”. The report presents 20 detailed case studies from around the world and a variety of areas ranging […]

Zelenskyy to MEPs: “We must end this war fairly and justly”

This article is brought to you in association with the European Parliament. On Tuesday, Parliament held an extraordinary plenary session with Ukraine’s President Volodymyr Zelenskyy, marking 1000 days since Russia’s full-scale invasion. Opening the sitting, EP President Roberta Metsola said that Parliament would continue standing with Ukraine until it has “freedom and real peace, for as […]

EU continues to be a global leader on sustainable finance

This article is brought to you in association with the European Commission. More than three years after the first transaction of our NextGenerationEU (NGEU) Green Bonds, the EU has issued more than €65 billion of NGEU Green Bonds, setting the EU on track to becoming the largest issuer of Green Bonds in the world. In line […]

In the Line of Duty: Ensuring the Safety of Medical Workers During Bangladesh’s Civil Unrest

This article was exclusively written for The European Sting by Mr. Sharif Mohammad Sadat is a medical student from Bangladesh. He 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 topic, […]

Lebanon: Increased violence is the ‘horrific new normal’ for children, warns UNICEF

This article is published in association with United Nations. Andrea Tenenti, spokesperson for the UN Interim Force in Lebanon (UNIFIL), told reporters in Geneva that ground clashes inside Lebanon – some of them very close to UNIFIL positions – have become “more violent”. Peacekeepers have witnessed the “shocking” destruction of villages in southern Lebanon along the […]

2023 among the five worst years for wildfires in Europe, Commission report shows

This article is brought to you in association with the European Commission. Last year, Europe, the Middle East and Africa suffered some of the worst wildfires since 2000. According to the Forest Fires 2023 report, published today by the Commission’s Joint Research Centre, wildfires affected over 500 000 hectares of natural lands, roughly half the size […]

European Commission issues €7 billion in its 10th syndicated transaction of 2024

This article is brought to you in association with the European Commission. The European Commission has today raised €7 billion of EU Bonds in its 10th syndicated transaction for 2024, €3 billion of which in the form of NextGenerationEU (NGEU) Green Bonds. The dual-tranche transaction concerned a €4 billion tap of the EU Bond maturing on […]

Nearly €5 billion under Erasmus+ to support learning abroad and cooperation in education, training, youth and sport in 2025

This article is brought to you in association with the European Commission. In 2025, EU’s Erasmus+ programme will support learning exchanges abroad and cooperation partnerships in education, training, youth and sport with around €5 billion. Representing a 6.5% increase in funding compared to last year, the Commission published the Erasmus+ 2025 call for proposals today. With […]

Armenia: European Union expands support for energy efficiency renovations in Yerevan

This article is published in association with European Investment Bank.

This article is published in association with European Investment Bank. EIB Vice-President Teresa Czerwińska, Head of the EU Delegation to Armenia, Ambassador Vassilis Maragos Armenia’s Minister of Finance, Vahe Hovhannisyan and Armenia’s Deputy Prime Minister Mher Grigoryan announced an EU grant of over €10 million for energy efficiency improvements across Yerevan today. This EU investment grant […]

EBRD, European Union and United States help Kyiv prepare for winter

This article is brought to you in association with EBRD.

This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is extending an unfunded portfolio risk-sharing facility for up to €25 million to Commercial International Bank (CIB) to promote on-lending to small and medium-sized enterprises (SMEs) in Egypt.   The EBRD facility will help cover up to 50 per cent of […]

Haiti: Over 20,000 flee as gang violence spurs mass displacement

This article is published in association with United Nations. Over 20,000 people have fled their homes across Haiti’s capital Port-au-Prince in just four days amid escalating gang violence, with more than 17,000 seeking shelter in 15 displacement sites as critical supply chains collapse.  Haiti has faced instability since the 2021 assassination of President Jovenel Moïse. The current […]

COP29 gets boost from Rio as G20 leaders back scaling up climate finance from ‘billions to trillions’

This article is published in association with United Nations. The high-level diplomatic push for climate action shifted southward on Tuesday as G20 leaders meeting in Rio sent a clear signal to negotiating teams at stalled UN climate talks in Baku on the need to rapidly and substantially ‘scale up climate finance from billions to trillions from […]

‘Cut the theatrics’: UN climate chief tells COP29 negotiators to focus on solutions as talks enter final week

This article is published in association with United Nations. As COP29 climate talks in Baku enter their final week, the UN climate chief told negotiators on Monday to “cut the theatrics,” get down to business and hammer out a new finance deal to compensate countries for climate-driven damages and pay for a clean-energy transition. “We can’t […]

G20 Rio de Janeiro Leaders’ Declaration

This article is brought to you in association with the European Commission. The leaders of the G20 met in Rio de Janeiro on 18-19 November, 2024, to address major global challenges and crises and promote strong, sustainable, balanced and inclusive growth. In the city that is the birthplace of the Sustainable Development Agenda, leaders reaffirmed their […]

Healing Amidst Conflict while Health is Under Fire

This article was exclusively written for The European Sting by Mr. Jean Paule Joumaa, a Medical Student at the University of Balamand in Lebanon. He 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 […]

Rights expert demands release of Russian doctor jailed for anti-war views

This article is published in association with United Nations. A UN human rights expert on Friday strongly condemned the jailing of a 68-year-old paediatrician in Moscow, describing the case as another example of Russia’s “systematic suppression of dissenting voices”. Dr. Nadezhda Buyanova was sentenced to five-and-a-half years in prison for allegedly making anti-war remarks concerning Russian […]

EBRD partners with ProCredit Bank to boost MSME lending in Albania

This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is increasing access to finance for micro, small and medium-sized businesses (MSMEs) in Albania through a partnership with ProCredit Bank Albania. The Bank is lending up to €6 million under the SME Reboot Programme, helping local firms to […]

EBRD leads US$ 12 million fundraising round for robotic solutions company Brightpick

This article is published in association with United Nations.

This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is supporting the growth of Brightpick, a leading provider of robotic vision and intelligence solutions, leading a US$ 12 million equity and venture debt fundraising round. Existing investors Pavel Baudiš and Eduard Kučera (founders of Avast), Miroslav Trnka (founder of […]

EBRD and EU help MSMEs go green in Kosovo

This article is brought to you in association with the European Commission.

This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is scaling up green economy investments in Kosovo in cooperation with the European Union (EU) and Raiffeisen Bank Kosovo (RBKO).  The EBRD will provide financing of up to €5 million to RBKO for on-lending to micro, small and […]

Finland: Hospital in Helsinki gets €100 million EIB loan

This article is published in association with European Investment Bank. The European Investment Bank (EIB) is lending €100 million for the development in Finland of the Laakso hospital complex in the Helsinki metropolitan area. The loan to the Laakso Joint Hospital project marks the initial installment of up to €480 million in EIB financing that has […]

EU annual budget 2025: pursuing our political priorities and addressing crises

This article is brought to you in association with EBRD.

This article is brought to you in association with the European Parliament. The Commission welcomes today’s agreement between the European Parliament and the European Council on the annual EU budget 2025. This budget will allow the EU to deliver on its political commitments, starting with the changes agreed in the mid-term revision of the Multiannual Financial […]

Crisis Care: Ensuring Safety for Medical Professionals in Armed Conflicts

This article was exclusively written for The European Sting by Ms. Anika Tabassum Totini, a dedicated fourth-year medical student from Bangladesh. 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 […]

November infringements package: key decisions

This article is brought to you in association with the European Economic and Social Committee.

This article is brought to you in association with the European Commission. Overview by policy area In its regular package of infringement decisions, the European Commission pursues legal action against Member States for failing to comply with their obligations under EU law. These decisions, covering various sectors and EU policy areas, aim to ensure the proper […]

EU boosts defence readiness with first ever financial support for common defence procurement

This article is brought to you in association with the European Commission. The Commission has approved funding for five cross-border projects to support more coordinated and efficient defence procurement among EU Member States. Implemented under the European Defence Industry Reinforcement through Common Procurement instrument (EDIRPA), each of the 5 selected projects will receive €60 million, representing […]

Commission fines Meta €797.72 million over abusive practices benefitting Facebook Marketplace

This article is brought to you in association with the European Commission. The European Commission has fined Meta €797.72 million for breaching EU antitrust rules by tying its online classified ads service Facebook Marketplace to its personal social network Facebook and by imposing unfair trading conditions on other online classified ads service providers. The infringement Meta […]

Belgium: De Watergroep agrees €350 million EIB loan for sustainability investments in Flemish water distribution network

This article is published in association with European Investment Bank. The European Investment Bank will support De Watergroep in rehabilitating and expanding its network of water supply infrastructure. Watergroep signed a €200 million loan today, as a first part of a €350 million lending availability for the coming five years. The EIB loan will fund nearly […]

Germany: EIB and Haspa join forces to finance small businesses, mid-caps and small renewable energy projects

This article is published in association with European Investment Bank. The European Investment Bank (EIB) will provide a multi-beneficiary intermediated loan (MBIL) of €100 million to Haspa, Germany’s largest savings bank based in Hamburg. Haspa will then provide financing to small and medium-sized companies (SMEs) and mid-caps with up to 3 000 employees in Germany. The financial […]

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