R&D in Italy: EIB lends €65 million to Mossi and Ghisolfi Group for production of second generation bioethanol PRESS RELEASE 12 December 2013 The European Investment Bank (EIB) is providing a €65 million loan to support the research and development projects of Biochemtex, an engineering subsidiary of the Mossi and Ghisolfi Group, a world leader in the field of second generation biofuel production technology.
EIB signs operations totalling €380 million with Junta de Andalucía PRESS RELEASE 12 December 2013 The European Investment Bank (EIB) has granted the Government of Andalusia (Junta de Andalucía) two loans totalling €380 million to finance key investments in the region through structural funds, and the Granada metro.
Loan for IST Austria: EIB supports research in Austria PRESS RELEASE Vienna/Luxembourg, 12 December 2013 The European Investment Bank (EIB) is financing the further extension of the scientific research institute IST Austria (Institute of Science and Technology Austria) in Klosterneuburg, Lower Austria.
390 Millionen Euro EIB-Darlehen für ASFINAG Tunnel-Sicherheits-Ausbauten PRESSEMITTEILUNG Wien/Luxemburg, 12. Dezember 2013 Einen Darlehensvertrag über 390 Millionen Euro haben heute der Vizepräsident der Europäischen Investitionsbank (EIB) Wilhelm Molterer und die ASFINAG Vorstände Dr. Klaus Schierhackl und DI Alois Schedl unterzeichnet. Das Darlehen ist Bestandteil der Finanzierung von Tunnel-Sicherheitsmaßnahmen an der A 9 Pyhrn-Autobahn.
Paraguay: EIB loan for second power transmission line PRESS RELEASE 11 December 2013 The European Investment Bank (EIB) and Paraguay’s national power company (Administración Nacional de Electricidad – ANDE) today signed an agreement on a €75 million loan for the construction of a new power transmission line.
EUR 150 Million in new EIB support for sustainable communities in Turkey PRESS RELEASE Luxembourg, 10 December 2013 The European Investment Bank (EIB) is providing a EUR 150 million loan to Türkiye İş Bankası A.S. (Isbank) to support small to medium-sized investments of SMEs and Mid-Caps with a focus on projects contributing to sustainable communities.
EIB and Crédit Mutuel Arkéa step up their financing of SMEs and midcaps (€300 million) PRESS RELEASE Brest, 9 December 2013 The European Investment Bank (EIB) and Crédit Mutuel Arkéa announce a €300 million financial commitment to support corporate investment. A first €150 million tranche was signed on Monday 9 December 2013 at the headquarters of Crédit Mutuel Arkéa in Finistère by EIB Vice-President Philippe...
European Investment Bank agrees EUR 100million backing for University of Limerick Capital Development Plan PRESS RELEASE 9 December 2013 The European Investment Bank, Europe’s long-term lending institution has agreed to provide EUR 100 million for the University of Limerick’s Capital Development Plan 2014 – 2018. The European Investment Bank loan was formally agreed by Professor Don Barry, President of the University of Limerick and...
European Investment Bank invests €50m into second Glennmont Fund PRESS RELEASE 09 December 2013 [Largest equity investment in clean energy made by EIB in 2013] Glennmont Partners (“Glennmont”), one of the largest infrastructure vehicles dedicated to clean energy across Europe, has secured a €50 million investment in its second fund by the European Investment Bank.
Stop card-based payment abuse, says the EESC 11/12/2013 On 11 December, the EESC plenary session backed the Commission's proposals on card-based payments, but wants EU citizens to be able to make basic electronic payments cheaply and easily over the internet, both nationally and across borders.
Inevitable twilight of the European steel industry? 11/12/2013 Being reliant on sectors such as the automobile and construction sectors, the European steel industry has been hit extremely hard by the economic crisis. Many production facilities have been closed, resulting in the loss of over 60 000 jobs.
EESC in push to measure the economic value of volunteering 11/12/2013 In a bid to secure better public authority recognition for the economic value of volunteering, the European Economic and Social Committee (EESC) has pushed for a regulation to harmonise measurement of this activity in EU countries.
Christine Lagarde speaks to European organised civil society 10 December 2013 The European Economic and Social Committee invited Christine Lagarde, managing director of the International Monetary Fund, to its last plenary session of 2013. Against the backdrop of the ongoing crisis, the EESC is concerned about the consequences of austerity policies and their ability to bring recovery to...
Microsoft’s acquisition of Skype is compatible with the internal market Press and Information General Court of the European Union PRESS RELEASE No 156/13 Luxembourg, 11 December 2013 Judgment in Case T‑79/12 Cisco Systems Inc. and Messagenet SpA v Commission The merger does not restrict competition either on the consumer video communications market or on the business video communications market Skype provides...
Speech by Vítor Caldeira President of the European Court of Auditors Presentation of the 2012 Annual Report to the Council of the European Union (Economic and Financial Affairs) EUROPEAN COURT OF AUDITORS SPEECH Luxembourg, 10 December 2013 Brussels, 10 December 2013 Check against delivery. The spoken version shall take precedence. President, Ministers, Commissioner Šemeta It is a great honour for me to present the Court’s annual report on the implementation of the 2012 EU budget to the Council...
“EU Direct Financial Support to the Palestinian Authority needs an overhaul”, say EU Auditors EUROPEAN COURT OF AUDITORS PRESS RELEASE Luxembourg, 11 December 2013 A report published today by the European Court of Auditors (ECA) questions the sustainability of the EU PEGASE Direct Financial Support (DFS) to the Palestinian Authority (PA).
“Improvements needed in checks on data for Member States’ budget contributions”, say EU Auditors EUROPEAN COURT OF AUDITORS PRESS RELEASE Luxembourg, 10 December 2013 A report published today by the European Court of Auditors (ECA) calls for the Commission to focus its checks on major components of Gross National Income (GNI) provided by Member States and on those where there is a risk that...
Four Bulgarian cities short-listed for European Capital of Culture 2019 European Commission Press release Brussels, 12 December 2013 The selection panel evaluating applications from Bulgarian cities competing for the title of European Capital of Culture 2019 met in Sofia from 10-12 December and recommended today that Plovdiv, Sofia, Varna and Veliko Turnovo should be short-listed.
Commission formally requests Italian telecoms regulator to amend or withdraw its proposal for wholesale broadband price reductions European Press release Brussels, 12 December 2013 Commission The European Commission has formally requested the Italian telecoms regulator (AGCOM) to withdraw or amend its proposal for the prices applicable to wholesale broadband access throughout 2013.
Eastern Partnership: progress in deep democracy and human rights rewarded with additional funding European Commission Press release Brussels, 12 December 2013 The European Commission has announced the 2013 allocations under the 'Eastern Partnership integration and cooperation' (EaPIC) programme, which will go towards projects to boost economic opportunities in rural areas, advance reforms in the energy sector, improve job market management, offer vocational education...