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This article is brought to you in association with the European Commission. The ‘Global Goal: Unite for our Future’pledging summit organised today by the European Commission and Global Citizen mobilised €6.15 billion in additional funding to help develop and ensure equitable access to coronavirus vaccines, tests and treatments. The money raised will also support economic recovery […]
This article is brought to you in association with the European Commission. The Commission supports the new energy lending policy of the European Investment Bank (EIB) Group adopted at the EIB Board meeting today, which will help the Bank achieve full alignment with the Paris Agreement. The Commission voted in favour of the proposal. The Commission […]
This article is brought to you in association with the European Commission. Breakthrough Energy Ventures Europe (BEV-E), a new €100 million investment fund was established by the European Commission, the European Investment Bank and Breakthrough Energy Ventures during the Fourth Mission Innovation Ministerial meeting in Vancouver, Canada. The fund will help develop innovative European companies and […]
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Iliyana Tsanova, Deputy managing director, European Fund for Strategic Investments & Roger Havenith, Deputy chief executive, European Investment Fund When it comes to technological innovation, Europe is now lagging behind not only the US and Japan, but also China. […]
The E.U. together with the U.S. decided to impose harsher economic sanctions against Russia last Wednesday. This action was expected since Russia continued to further scale its violent military intervention in eastern Ukraine despite the warnings that were given by the U.S. and E.U. U.S. sanctions focus on financial and energy sectors The U.S. are taking advantage of what is […]
Yesterday, Ukraine threw away in the dustbin EU’s ultimatum issued last Monday by the Lithuanian Minister of Foreign Affairs Linas Linkevičius during the EU Foreign Affairs Council in Brussels. Lithuania currently holds the EU Council Presidency, representing the entire Union. Linkevičius said that “Ten days remain for Ukraine and the European Union to take crucial […]
Shakespeare’s comedy play title “Much Ado About Nothing” best describes the 28 Ecofin ministers for Finance discussion on the EU Commission and European Investment Bank initiative, wishfully aimed at facilitating the access to finance for SMEs. The programme extends over the next few years and foresees an increase of EIB’s capital by €10 billion. This […]
Yesterday the two most important institutions of the European Union, the European Commission and the European Central Bank, separately unveiled their intentions to seriously engage in an effort to create a new policy tool in support of the Union’s Small and Medium Enterprises (SMEs) and defragment Eurozone’s financial markets .The Commission issued an announcement entitled, […]
The European Investment Bank (EIB) is one of the long-term lending institutions of the European Union and it is owned by its Member States. It makes long-term finance available for sound investments in the real economy, in order to contribute towards EU policy goals. Its creditworthiness measures almost exactly the degree of trust that financial […]
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