European Union- Page 4

EBRD and EU help DAMAMAX to improve telecommunications services in Jordan

November 19, 2020

WORLD

The FINANCIAL — The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are providing a financial package of up to US$ 5 million to Jordan’s telecommunications provider Al-Hadatha Telecom and Technology PSC (DAMAMAX) to support the expansion of the company’s fibre-to-the-premises (FTTx) services. A loan of up to US$ 4.5 million by the EBRD provided in local currency and in US

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

Solidarity Fund: €823 mln approved for 8 EU member states

The FINANCIAL —On Monday, Budgets Committee Members approved €823 million in EU

by The FINANCIAL

November 17, 2020

1 min read

EU and EBRD help Ukrainian wood producer boost sustainable production

The FINANCIAL — A leading domestic wood processing company in Ukraine has

by The FINANCIAL

November 16, 2020

1 min read

WORLD

EU agri-food products to be protected in China against misuse and imitation

The FINANCIAL — European Parliament should back the deal between the EU and China that would protect 200 European and Chinese products, said the Trade Committee on Tuesday. In a resolution approved by 38 votes, with one vote against and three abstentions,

by The FINANCIAL

October 28, 2020

1 min read

Europe

EUROCHAMBRES calls for free trade between Turkey and EU

The FINANCIAL — EUROCHAMBRES has called for every effort to be made to ensure free trade between the EU and Turkey, and underlined its opposition to economic barriers, including boycotts of EU products. EUROCHAMBRES, the European association of chambers of commerce &

by The FINANCIAL

October 28, 2020

1 min read

Europe

EU Internal Market Committee proposed a series of measures to strengthen consumer protection

The FINANCIAL — In a resolution on sustainable Single Market approved by 20 (2 voted against, 23 abstained), MEPs call on the Commission to grant consumers a “right to repair” by making repairs more appealing, systematic, and cost-efficient. They also ask the Commission

by The FINANCIAL

October 27, 2020

1 min read

Tech

Nokia and Honeywell selected for EU aviation research project

The FINANCIAL — Nokia, alongside Honeywell International as consortium lead, has been selected as part of Project FACT (Future All Aviation CNS Technology), an innovative research and development program initiated under the SESAR 2020 program, managed by the Single European Sky ATM Research (SESAR) Joint Undertaking.

by The FINANCIAL

October 27, 2020

2 mins read

WORLD

EU welcomes signature of a Ceasefire Agreement by the Libyan representatives

The FINANCIAL — The European Union and its Member States warmly welcome the signature of a Ceasefire Agreement by the Libyan representatives of the 5+5 Joint Military Commission (JMC) in Geneva on 23 October 2020 and commend UN Acting Special Representative Stephanie

by The FINANCIAL

October 26, 2020

1 min read

Ukraine

EBRD’s Ukraine Public Transport Framework reaches important milestone

The FINANCIAL — Over six million inhabitants of 12 cities in Ukraine are benefiting from better and more comfortable public transport thanks to the introduction of almost 400 new trolleybuses financed by the European Bank for Reconstruction and Development (EBRD). The modern, low-floor, energy-efficient

by The FINANCIAL

October 26, 2020

1 min read

BANKS

Deutsche Bank leads largest ever social bond for EU

The FINANCIAL — Deutsche Bank helped the European Union (EU) break new records this week by leading its inaugural jumbo social bond. The 17 billion euro issuance, split between a 10 billion euro 10-year and a 7 billion euro 20-year tranche was

by The FINANCIAL

October 23, 2020

3 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

Georgia

Georgia marked ten years of progress in arbitration

The FINANCIAL — Since the adoption of a model legal framework ten years ago, Georgia has set the precedents and trained the skilled cadre needed to make arbitration a viable means for commercial dispute resolution. The challenge now is to win the

by The FINANCIAL

October 22, 2020

2 mins read