This article is published in association with European Investment Bank. The European Investment Bank (EIB) has signed an €80 million loan with the Port Authority of Bilbao to finance the expansion and electrification of the port of Bilbao. The project supports maritime transport as an alternative to other more carbon-intensive modes, with the EIB financing also helping […]Spain: EIB provides €80 million loan for expansion and electrification of port of Bilbao
December 12, 2024 by Leave a Comment
This article is published in association with European Investment Bank. The European Investment Bank (EIB) has signed an €80 million loan with the Port Authority of Bilbao to finance the expansion and electrification of the port of Bilbao. The project supports maritime transport as an alternative to other more carbon-intensive modes, with the EIB financing also helping […]EBRD loan to support Team Agro’s first geothermal greenhouse project
December 3, 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 US$ 30 million loan to Türkiye’s Team Agro Gıda Sanayi Ve Ticaret, helping the company to finance its first geothermal greenhouse project and meet its working capital needs. The company’s newly built geothermal greenhouse in Aksaray, […]Commission approves €1.9 billion German State aid in favour of DB Cargo conditional on implementation of restructuring plan
December 2, 2024 by Leave a Comment
This article is brought to you in association with the European Commission. The European Commission has concluded that a German State aid measure of €1.9 billion to support DB Cargo, one of Europe’s leading rail freight operators, is in line with EU State aid rules. DB Cargo is a 100% subsidiary of the State-owned, vertically-integrated German […]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 […]UNRWA chief: Agency enduring ‘darkest moment’, as Israeli laws threaten operations
November 14, 2024 by Leave a Comment
This article is published in association with United Nations. The UN agency for Palestine refugees, UNRWA, is living through the “darkest moment” of its 75 year history, Commissioner-General Philippe Lazzarini said on Wednesday, pointing to a trifecta of legislative, operational and security challenges. Speaking at a press conference at UN Headquarters in New York, he detailed […]EU to support continued global climate action and push for ambitious finance and investment goals at COP29
November 11, 2024 by Leave a Comment
This article is brought to you in association with the European Commission. At the COP29 UN Climate Change Conference on 11-22 November in Azerbaijan, the European Union will work with international partnersto deliver on the goals of the Paris Agreement of limiting global average temperature rise to as close as possible to 1.5C. Climate change continues […]Lebanon conflict at ‘critical point’ with more than 3,000 confirmed dead
November 7, 2024 by Leave a Comment
This article is published in association with United Nations. The war in Lebanon has now killed more than 3,000 people in Lebanon amid ongoing Israeli airstrikes and Hezbollah missile hits in Israel, UN humanitarians said on Wednesday. According to the UN aid coordination office, OCHA, the updated death toll – which includes fatalities recorded since 8 […]Sudan’s ‘living nightmare’ continues as 11 million flee war, mass killings
October 30, 2024 by Leave a Comment
This article is published in association with United Nations. Escalating violence and new atrocities in Sudan have pushed the humanitarian crisis to unprecedented levels, with displacement now exceeding 11 million people amid reports of mass killings and systematic-sexual violence across multiple regions, UN officials said on Tuesday. “The situation in Sudan is catastrophic. There is simply […]UN renews call to protect civilians, as deadly Israeli strike hits close to key Beirut hospital
October 23, 2024 by Leave a Comment
This article is published in association with United Nations The UN’s top human rights official on Tuesday urged an immediate halt to hostilities in Lebanon following an overnight Israeli airstrike near a major hospital in Beirut that reportedly killed at least 18 people, including four children. The strike, which hit the densely populated Jnah neighbourhood, also […]EBRD, EU partner with ACBA LEASING to support Armenian firms
October 21, 2024 by Leave a Comment
This article is brought to you in association with EBRD. Micro, small and medium-sized enterprises (MSMEs) in Armenia are to benefit from new funding from the European Bank for Reconstruction and Development (EBRD) and the European Union (EU), made available through ACBA LEASING. The EBRD loan of US$ 5 million (€4.6 million) is complemented by the EU with grant […]Support for Economic Reforms Hinges on Communication, Engagement, and Trust
October 21, 2024 by Leave a Comment
This article is published in association with IMF. Effective communication, civic engagement, and earning the public’s trust are the keys to advance pro-growth reforms Silvia Albrizio, Bertrand Gruss, Yu Shi The global economy is stuck in a low-growth gear, largely because of aging populations, weak business investment, and structural frictions that prevent capital and labor from […]New rules to boost cybersecurity of EU’s critical entities and networks
October 18, 2024 by Leave a Comment
This article is brought to you in association with the European Commission. The Commission has adopted today the first implementing rules on cybersecurity of critical entities and networks under the Directive on measures for high common level of cybersecurity across the Union (NIS2 Directive). This implementing act details cybersecurity risk management measures as well as the […]‘Yet another’ Israeli strike on peacekeepers’ position in southern Lebanon
October 17, 2024 by Leave a Comment
This article is published in association with United Nations. In another serious security incident in southern Lebanon, a UN peacekeeping position has been “apparently deliberately” struck by incoming fire from the Israel Defense Forces (IDF). According to the UN Interim Force in Lebanon (UNIFIL), early morning on Wednesday (local time), peacekeepers in position near Kafer Kela […]Contraception: The Key to Empowering Women and Driving Economic Growth in Low-Income Nations
October 16, 2024 by Leave a Comment
This article was exclusively written for The European Sting by Ms. Sadia Khalid, a dedicated professional with an extensive academic background, holding an MBBS and an MD degree. 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 […]Gaza: UN chief condemns rising civilian casualties in the north
October 15, 2024 by Leave a Comment
This article is published in association with United Nations. The UN Secretary-General on Monday condemned the large number of civilian casualties inflicted by Israeli forces amidst their intensifying military campaign in northern Gaza. Israeli forces struck tents sheltering displaced civilians near al Aqsa hospital, in an area where people from northern Gaza were told to relocate. […]The world must step up for girls, UN chief says
October 14, 2024 by Leave a Comment
This article is published in association with United Nations. As the world marked the International Day of the Girl Child on Friday, a town hall held at UN Headquarters provided an opportunity for young women activists to engage directly with policymakers and offer recommendations on what they need to fully realise their rights. The President of […]Morocco: EIB, the EU bank, commits €1 billion to rebuild infrastructure following Al Haouz earthquake
October 11, 2024 by Leave a Comment
This article is published in association with European Investment Bank. On 10 October 2024, the European Investment Bank (EIB) announced the signing of an agreement with the Moroccan Ministry of Economy and Finance, in the presence of representatives of the Ministry of National Education, Pre-School and Sport, the Infrastructure and Water Ministry, and the Health Ministry, […]Germany: EIB and IKB help middle-sized companies to access sustainable finance
October 11, 2024 by 1 Comment
This article is published in association with European Investment Bank. The European Investment Bank (EIB) and IKB Deutsche Industriebank AG (IKB) have started a new partnership to support investment by Germany’s mid-cap companies. Firms with up to 3.000 employees can apply to IKB for a long-term loan to finance their transition to a more sustainable business model. […]Lebanon crisis: Health workers and facilities ‘targeted or hit’
October 11, 2024 by Leave a Comment
This article is published in association with United Nations. In Lebanon, health workers and medical facilities have continued to be hit and killed by ongoing Israeli bombardment, a week since Israel sent troops and armoured vehicles into the south of the country and issued evacuation orders, UN humanitarians said on Thursday. The UN aid coordination office, […]Parliament condemns Russia’s interference in Moldova
October 10, 2024 by Leave a Comment
This article is brought to you in association with the European Parliament. On Wednesday, MEPs adopted a resolution issuing a strong warning against continued Russian attempts to derail Moldova’s pro-European trajectory. The text, approved by 508 votes in favour, 53 against and 104 abstentions, vehemently condemns Russia’s escalating malicious activities, interference and hybrid operations ahead of […]Parliament says Georgia’s democracy is at risk
October 10, 2024 by Leave a Comment
This article is brought to you in association with the European Parliament. In a resolution adopted on Wednesday, MEPs say current democratic backsliding in Georgia effectively puts the country’s integration with the EU on hold. Despite Georgia being granted EU candidate status in December 2023, Parliament’s resolution highlights how the ruling Georgian Dream party has pushed […]MEPs debate Hungary’s Presidency programme with Prime Minister Viktor Orbán
October 10, 2024 by Leave a Comment
This article is brought to you in association with the European Parliament. On Wednesday, MEPs discussed Hungary’s priorities for its six-month Council Presidency, which started on 1 July, with Prime Minister Viktor Orbán. European Parliament President Roberta Metsola noted in her opening statement that the Hungarian Presidency comes at a time when the EU is taking […]Commission approves €1 billion Italian State aid scheme to support farmers affected by floods and landslides
October 10, 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 €1 billion Italian scheme to support farmers affected by flood and landslide events in certain regions of Italy. The Italian measure Italy notified the Commission of its plans to introduce a €1 billion […]World News in Brief: Half of Haiti’s displaced are children, alarm over low immunisation rates, aid to East Africa
October 3, 2024 by Leave a Comment
This article is published in association with United Nations. A breakdown in law and order and a wider humanitarian emergency across Haiti have displaced more than 700,000 people – one in two of them children – the UN migration office, IOM, said on Wednesday. New data from the International Organization for Migration indicates a 22 per cent […]China is committed to dialogue, ‘not throwing gas on the fire’, Foreign Minister Wang says
September 30, 2024 by Leave a Comment
This article is published in association with United Nations Wang Yi, the Foreign Minister of China reiterated on Saturday his country’s commitment to playing a constructive role and engaging in mediation for peace, not exploiting volatile situations for “selfish gains”. To that end, China, jointly with Brazil and other countries of the Global South, launched a […]Security Council ‘must spare no effort’ to unite and push for peace
September 26, 2024 by Leave a Comment
This article is published in association with United Nations UNMISS Vietnamese women UN peacekeepers serving in South Sudan line up at a medal ceremony. (file) Facebook Twitter Print Email 25 September 2024 Peace and Security In a world where peace is “never automatic”, leadership is essential on the part of the UN Security Council which must find better ways to […]Invisible killer: What is antimicrobial resistance?
September 26, 2024 by Leave a Comment
This article is published in association with United Nations. A medical illustration depicts carbapenem-resistant enterobacteriaceae. Facebook Twitter Print Email By Eileen Travers 25 September 2024 Health Antimicrobial resistance (AMR) is an invisible killer, which is directly responsible for 1.3 million deaths and a contributing factor to five million other fatalities every year. Everyone seems to have had a family member or friend who […]What happened on Wednesday at UN: Focus on Lebanon; deepening geopolitical divides; rising seas
September 26, 2024 by Leave a Comment
UN Photo/Laura Jarriel This article is published in association with United Nations. A wide view of the opening and plenary segment of the High-level Plenary Meeting on Addressing Existential Threats Posed by Sea Level Rise. Facebook Twitter Print Email 25 September 2024 UN Affairs Amid ongoing wars in Gaza, Ukraine, and Sudan – and the escalating risk of wider conflict […]The world is at an inflection point but ‘there’s always a way forward’, says Biden
September 25, 2024 by Leave a Comment
This article is published in association with United Nations United States President Joe Biden told leaders at the United Nations on Tuesday that with the world at a historical inflection point “our task, our test, is to make sure that the forces holding us together are stronger than those that are pulling us apart.” In his […]Lebanon: UN warns of escalating horror in Middle East as ‘communications tools become weapons
September 23, 2024 by Leave a Comment
This article is published in association with United Nations. The risk to security and stability, not only in Lebanon but also in the wider Middle East region, “could not be clearer or graver”, the top UN political affairs official warned on Friday. Rosemary DiCarlo, UN Under-Secretary-General for Political and Peacebuilding Affairs, told ambassadors in the Security […]Venezuela: MEPs recognise Edmundo González as President
September 23, 2024 by Leave a Comment
This article is brought to you in association with the European Parliament. The EU should do its utmost to ensure that Edmundo González Urrutia, the legitimate and democratically elected President of Venezuela, can take office on 10 January 2025. In a resolution adopted on Thursday 19 September by 309 votes in favour, 201 against and 12 […]Parliament reacts to recent extreme weather events in Europe
September 20, 2024 by Leave a Comment
This article is brought to you in association with the European Parliament. MEPs are deeply concerned about the increasing intensity and frequency of extreme EU and global weather events, including large-scale floods, heatwaves, and wildfires In a resolution on the devastating floods in Austria, Czechia, Germany, Hungary, Poland, Romania and Slovakia, approved on Thursday 19 September […]EIB Board of Directors approves €5.3 billion investment for climate resilience and business competitiveness
September 19, 2024 by Leave a Comment
This article is published in association with European Investment Bank. The Board of Directors of the European Investment Bank (EIB) approved a total of €5.3 billion of new financing to bolster climate resilience of communities across Europe and back business investment that strengthens competitiveness, creates skilled jobs and unlocks innovation and growth. “The floods that hit […]
