European Commission

Green Deal: Sustainable batteries for a circular and climate neutral economy

December 10, 2020

wolrd

The FINANCIAL-- Today, the European Commission proposes to modernise EU legislation on batteries, delivering its first initiative among the actions announced in the new Circular Economy Action Plan.

Nagorno Karabakh: EU allocates additional €3 mln in emergency aid to the civilians most affected by the conflict

The FINANCIAL — The European Commission has announced an additional €3 million

by The FINANCIAL

November 19, 2020

1 min read

EIB and EU support modernisation of public infrastructure in Ukraine

The FINANCIAL — A preschool in Bakhmut, a hospital in Vuhledar and

by The FINANCIAL

November 18, 2020

1 min read

IFC and TCX strengthen partnership to support capital flows into world’s poorest countries

The FINANCIAL — IFC, a member of the World Bank Group, and

by The FINANCIAL

November 13, 2020

1 min read

Europe

EU to generate €10 bln in investment in Africa and the EU Neighbourhood and stimulate global recovery

The FINANCIAL — On 12 November, the European Commission took a major step forward in boosting investment in Africa and the EU Neighbourhood, helping to stimulate global recovery from the pandemic, by concluding ten financial guarantee agreements worth €990 million with partner

by The FINANCIAL

November 13, 2020

1 min read

Europe

FRA: Worsening conditions for migrants and refugees across Europe

The FINANCIAL — The Coronavirus pandemic continues to severely affect migrants and refugees. Difficulties to enter the EU, increasing reports of pushbacks and violence at the borders, and worsening conditions in reception centres are some of the main concerns the EU Agency

by The FINANCIAL

November 6, 2020

1 min read

Markets

EBRD and Baltic states to develop regional market for commercial papers

The FINANCIAL — The European Bank for Reconstruction and Development (EBRD) and the central banks of Estonia (Eesti Pank), Latvia (Latvijas Banka) and Lithuania (Lietuvos Bankas) are joining forces to develop a regional market for commercial papers. Commercial papers (CPs) are short-term

by The FINANCIAL

November 5, 2020

2 mins read

Europe

European Commission revealed Autumn 2020 Economic Forecast

The FINANCIAL — The coronavirus pandemic represents a very large shock for the global and EU economies, with very severe economic and social consequences. Economic activity in Europe suffered a severe shock in the first half of the year and rebounded strongly

by The FINANCIAL

November 5, 2020

5 mins read

Europe

EU commission approved €1.5 bln Dutch scheme to compensate transport companies for COVID-19 damages

The FINANCIAL — The European Commission has approved, under EU State aid rules, a Dutch scheme of around €1.5 billion to compensate companies providing regional and long-distance public passenger transport services in the Netherlands for the damage suffered due to the coronavirus

by The FINANCIAL

November 4, 2020

2 mins read

WORLD

EU provides €100 mln to Mozambique for education, health and social protection

The FINANCIAL — The European Commission and the Government of Mozambique have today signed a budget support programme worth €100 million to respond to the socio-economic impacts of COVID-19. Commissioner for International Partnerships, Jutta Urpilainen, commented: “With this contribution, the European Union will

by The FINANCIAL

November 3, 2020

1 min read

Pharmacy

EU Commission approved Roche’s Tecentriq in combination with Avastin for the treatment of people with liver cancer

The FINANCIAL — Roche (SIX: RO, ROG; OTCQX: RHHBY) today announced that the European Commission has approved Tecentriq® (atezolizumab) in combination with Avastin® (bevacizumab) for the treatment of adult patients with advanced or unresectable hepatocellular carcinoma (HCC) who have not received prior

by The FINANCIAL

November 2, 2020

2 mins read

Europe

Government debt up to 87.8% of GDP in EU

The FINANCIAL — At the end of the second quarter of 2020, the quarter in which the impacts of the containment measures as well as policy responses to the containment measures fully materialised in increased financing needs, the government debt to GDP

by The FINANCIAL

October 23, 2020

1 min read

Europe

EU removed more countries from safe countries list

The FINANCIAL — Following a review under the recommendation on the gradual lifting of the temporary restrictions on non-essential travel into the EU, the European Council updated the list of countries for which travel restrictions should be lifted. As stipulated in the

by The FINANCIAL

October 23, 2020

1 min read

Europe

EU Commission issued €17 bln EU SURE social bonds

The FINANCIAL — The European Commission issued a €17 billion inaugural social bond under the EU SURE instrument to help protect jobs and keep people in work. The issuing consisted of two bonds, with €10 billion due for repayment in October 2030

by The FINANCIAL

October 21, 2020

1 min read