The European Commission has approved, under EU State aid rules, Germany’s plans to grant a temporary €380 million loan to charter airline Condor. The measure will contribute to ensuring the orderly continuation of air transport services and avoid disruptions for passengers, without unduly distorting competition in the Single Market.
A series of fact sheets have been released that reveal the lessons learned from 10 former CIVITAS research projects.
The European Investment Bank (EIB) is providing €12 million to the rapidly growing e-bike company Fazua GmbH. The funds are being made available through the EU bank’s Venture Debt Product, a type of risk capital for innovative companies. The loan is backed by a guarantee from the European Fund for Strategic Investments (EFSI). EFSI is a core component of the Investment Plan for Europe – also known as the Juncker Plan – under which the EIB and the European Commission are working together as strategic partners to boost the competitiveness of the European economy. Fazua GmbH, which is based in Munich, intends to use the funds for the expansion of the company and for research and development activities.
A summary of the information from the Danish delegation and the debate is now available.
A €268m operation to replace the 42 oldest trains running on the Barcelona metro was finalised today with the signature of the contracts covering the supply of the new rolling stock to local operator TMB and financing by the European Investment Bank (EIB), Instituto de Crédito Oficial (ICO), Institut Català de Finances (ICF) and several private sector entities.
The connection between transport and communications has made transport digital. Large amounts of data are already needed, for example, for navigation, ticket and payment transactions and for enabling automation. The utilisation of information is not an end in itself, but rather what is achieved with it. Does the combination of data and transport produce more sustainable services that meet the needs of consumers?