Finance and banking

EU sanctions against Russia following the invasion of Ukraine

In response to Russian President Putin’s unprecedented and unprovoked military attack against Ukraine, the EU is responding by adopting a…

3 years ago

Eurogroup: Inflation pressure is temporary but economic recovery on hold

ECB's Lagarde believes inflation pressure in Eurozone is temporary but Eurogroup finds that economic recovery is on hold. Further work…

3 years ago

Cyprus: EIB supports Epic high-speed Fiber to the Home network roll-out

Network expansion to improve access to the Epic high-speed broadband network in Cyprus gets EUR 19 million from European Investment…

4 years ago

EU debates modern and safe retail instant payments

Retail instant payments strategy for the EU aims to develop the European payments market to benefit from innovation and digitalisation.…

4 years ago

Intelligent Cities Challenge show the way on responsible recovery

The Intelligent Cities Challenge (ICC) is a European Commission initiative that supports 136 cities in using cutting-edge technologies to lead…

4 years ago

Strengthening the EU currency and the international role of the euro

A more prominent international role for the common currency would benefit the euro area and its citizens by ensuring more…

4 years ago

Europe secures drinking water for 400,000 people in Niamey, Niger

Supply of drinking water to more than 400,000 people, including first time access for 200,000 people, living in Niamey, capital…

4 years ago

Renovation Wave in Europe. Cities and regions ready to deliver

Renovation Wave in the EU with a refurbished and improved building stock will help pave the way for a decarbonised…

4 years ago

ECB Green monetary policy and Climate change

Central banks have already started to look at climate-related risks, greening monetary policy in the context of financial stability. Should…

4 years ago

Ukraine: EU extends sanctions over territorial integrity for six months

EU decided to extend the sanctions targeting those responsible for undermining or threatening the territorial integrity, sovereignty and independence of…

4 years ago

The mafia takes advantage of the economic crisis

Italy's national anti-mafia prosecutor Federico Cafiero De Raho has called on Europe to act as a single country against organised…

4 years ago

US Biden plan stimulus for Recovery will impact EURO area

US Biden plan of $1.9tn stimulus programme will boost the US recovery, it will drive global recovery and it will…

4 years ago

ECB inflation forecast 1.5% for 2021 and 1.2% for 2023

Christine Lagarde, President of the Europen Central Bank forecasts temporary inflation rise for 2021 up to 1.5% with limited wage…

4 years ago

EU needs greater corporate transparency for big multinational companies

The EU takes measures to enhance corporate transparency of big multinational companies, to the public country-by-country reporting (CBCR) directive. Member…

4 years ago

Strengthening the EU bank crisis management and deposit insurance framework

The European Commission is reviewing the crisis management and deposit insurance framework (CMDI) in order to strengthen the second pillar…

4 years ago

Two-thirds of poorer countries cut education budgets due to COVID-19

Education budgets are not adjusting proportionately to the challenges brought about by COVID-19, especially in poorer countries. Despite additional funding…

4 years ago

IMF Kristalina Georgieva: Path to recovery is highly uncertain in Europe

International Monetary Fund (IMF) Managing Director Kristalina Georgieva, EU debates at the online debate of the European Parliamentary Week 2021.…

4 years ago

How will grants and loans be allocated by EU Member States?

Each country will have a maximum grants envelope, determined based on a pre-defined allocation key, which takes into account population,…

4 years ago

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