Finance

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EIB provides EUR 100 million support for Cyprus SMEs and Midcaps through financing agreement with Bank of Cyprus

17 February 2017

The European Investment Bank (EIB) today signed a new EUR 100 million loan with the Bank of Cyprus to support investments b...

First estimate for December 2016: EU28 current account surplus €17.8 bnㄝ, €11.2 bn surplus for trade in services

17 February 2017

The EU28 seasonally adjusted current account of the balance of payments recorded a surplus of €17.8 bn in
December 20...

Ireland: EIB and ISIF confirm multi-million backing for new investment in Irish forestry

03 February 2017

The European Investment Bank and Ireland Strategic Investment Fund (ISIF) have agreed to back a new initiative expected to...

UK Capacity Market confirms guaranteed electricity security for next winter at low cost

3 February 2017

With the conclusion of the latest round of the Capacity Market UK Government continues to guarantee homes and businesses hav...

European Commission should simplify Financial Regulation further, say EU Auditors

Luxembourg, 30 January 2017

European Commission plans for changes to the Financial Regulation, which governs the operation of the EU Budget...

EIB Group increases support to Czech Republic by one third to EUR 619 million in 2016

27 January 2017

The European Investment Bank Group provided EUR 619 million in new loans, guarantees equity in the Czech Republic in 2016, o...

WTO rules in favour of the EU in dispute on Russian duties on light commercial vehicles

Brussels, 27 January 2017

A World Trade Organisation (WTO) panel today declared as illegal the Russian anti-dumping duties that hinder expor...

Modest economic growth not an indication of revived global demand – UN report

Photo:Cranes loading freighters on the Danube River, Bulgaria.

17 January 2017
A modest global recovery is projected for 2017-18 shou...

Swaziland to Scale-up its Capacity to Improve Service Delivery: World Bank approves $25 million for public sector performance

WASHINGTON, January 12, 2017

The Government of Swaziland’s efforts to improve its public sector performance today got a boost following the...

IMF Executive Board Approves New Two-Year €8.24 Billion Flexible Credit Line Arrangement for Poland

January 13, 2017

* Authorities intend to treat the arrangement as precautionary
* Poland continues to benefit from very strong economi...

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