EBRD invests in cement company Eurobond in Türkiye

This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is investing US$ 50 million in a Eurobond issued by Çimko Cimento ve Beton Sanayi, a joint stock company incorporated in Türkiye. Çimko will use the proceeds of the US$ 300 million Eurobond issue to finance its decarbonisation […]

EBRD invests in sustainability-linked Eurobond for Türkiye’s Ulker

This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is investing up to US$ 90 million (€83 million) in a sustainability-linked Eurobond (SLB) issuance by Türkiye’s Ulker Biskuvi Sanayi, one of the country’s leading snack brands. The SLB is part of a larger issuance totalling up to […]

German egotistic inward turn to badly hurt Europe after Merkel’s exit

Angela Merkel’s era in Germany definitely comes to an end. It coincides, not necessarily in a causal manner, with the extreme right and xenophobic rising tendencies in the country’s political and social structures. These developments will put not only Germany to a political limbo but they will also freeze the progress of the European Union […]

‘Safe Eurobonds’: a new trick to betray the south euro area countries

All along the years after the 2008-2010 financial crisis, which in the European Union took the form banking/government debt breakdowns starting with Greece, there were cries for the creation of a solid Eurozone. In every respect, these calls amounted to demands that super prosperous Germany accepts some degree of risk-sharing with the rest of the […]

ECB’s billions fortify south Eurozone except Greece; everybody rushes to invest in euro area bonds zeroing their yields

Even without having spent yet a single euro the European Central Bank’s program of sovereign bond buying of €60 billion a month has had an enormous impact on world financial markets. It suppressed the euro dollar parity from the unbearably high levels of 2014 (1.39 on 9 March 2014) to 1.08510 last Friday, the lowest […]

Light at the end of the Eurozone tunnel

Dr Wolfgang Schaeuble, the German minister of Finance, drew yesterday his chauvinist rhetoric one step further, by denying the proposal that an increase of consumption demand in his country, could help the exports of the ailing Eurozone countries like Spain, Greece, Portugal, Italy and others. His outright denial was unfair, because he was in the […]
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