On the back of the success of the EIB venture debt activities, the Bank is organising its second annual event for businesses benefiting from EIB’s venture debt financing. This innovative product aims at supporting early-stage, highly-innovative companies in Europe. This year the summit will bring together around 200 CEOs/CFOs of the portfolio companies, their private funds sponsors, financial advisors, the European Commission, EIB staff and media.
The EU will soon have in place a more robust framework to regulate and supervise banks. EU ambassadors today endorsed an agreement reached between the Romanian presidency and the Parliament on a set of revised rules aimed at reducing risks in the EU banking sector.
On 13 February 2019, negotiators from the three EU institutions agreed to continue their discussions on moving towards a joint mandatory Transparency Register.
“The two amendments proposed by the Commission in March 2018 to the Regulation on cross-border payments will reduce the cost of intra-EU payments within the entire EU and unify the single retail payments market. This will benefit in particular citizens and businesses from the non-euro area Member States by letting them have access to cheaper intra-EU euro payments. Transactions made in EU currencies other than the euro are not impacted by the revised Regulation; however, Member States are free to extend the rules to other currencies.”
This event will be a celebration of the 1st anniversary of the Brussels Binder database of female policy experts.
Vice-President Valdis Dombrovskis’ opening statement at the European Parliament Plenary debate on the Cross-border Payments Regulation, Strasbourg, 13 February 2019.
The European Insurance and Occupational Pensions Authority (EIOPA) welcomes the agreement reached by the European Parliament and the Members States on the proposal for a Pan-European Personal Pension Product, the PEPP.