In order to stimulate small business financing in the Baltic States, non-bank business lender Noviti Finance, and the European Investment Fund (EIF), have signed a cooperation agreement to give micro businesses and farmers better access to funding of up to €25,000. The guarantee is funded by the Employment and Social Innovation (EaSI) programme of the European Union and is backed by the Investment Plan for Europe.
Today, the Commission unveils its ideas and actions for a digital transformation that works for all, reflecting the best of Europe: open, fair, diverse, democratic and confident. It presents a European society powered by digital solutions that put people first, opens up new opportunities for businesses, and boosts the development of trustworthy technology to foster an open and democratic society and a vibrant and sustainable economy. Digital is a key enabler to fighting climate change and achieving the green transition. The European data strategy and the policy options to ensure the human-centric development of Artificial Intelligence (AI) presented today are the first steps towards achieving these goals.
This 1-hour webinar will review national and global policy decisions that should help the quick rollout of 5G, challenges involved with making the 5G vision into a reality (such as investment), and areas of future possible concerns, including security and health issues.
The 7th edition of the ECSO cybersecurity business matchmaking events focuses on both the access-to-market (corporates business relations) & the access-to-finance (investments) support.
During the Cyber Investor Days in Brussels, the promising European cybersecurity startups and SMEs will have a chance to pitch their cybersecurity solutions & hold B2B meetings with the leading investors and corporates from Europe and beyond.
The European Investment Bank (EIB) and the National Bank of Romania will host a conference entitled “Leaders and laggards: the polarisation of Romanian firms” on the 13th of February in Bucharest. The Governor of the National Bank of Romania, Mugur Isărescu, together with Florin Cîțu, Minister of Public Finance and Andrew McDowell, Vice President of the European Investment Bank, will open the event. The event is part of a series organised to debate investment and investment finance, especially in intangibles and digitalisation, in different EU Member States.
The European Investment Bank (EIB) and the Ministry of Finance of Bulgaria are hosting the conference Investment and Investment finance in Bulgaria on 27th February 2020 in Sofia. The conference will focus on investment needs and priorities for Bulgaria, bringing together a group of local economists, policymakers, as well as representatives from financial institutions and the business community in Bulgaria. The discussions will consider corporate investment and finance in the age of digitalisation and automation and at a time of high economic uncertainty and slowing external demand.
The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has today published its Strategy on Sustainable Finance. The strategy sets out how ESMA will place sustainability at the core of its activities by embedding Environmental, Social, and Governance (ESG) factors in its work.
In a challenging year, the European Investment Bank Group (EIB) exceeded its own targets, signing a record number of 1 095 operations and increasing financing volumes to EUR 72.22 billion. This was in spite of uncertainty and delays linked to Brexit and to the need for the remaining EU Member States to come to an agreement, last spring, over the replacement of the UK’s share of EIB capital.
The European Investment Bank agreed to continue support for new priority investment across Greece intended to enhance energy efficiency and tackle climate change, improve small business competitiveness, accelerate research and innovation, and support health, education, culture and urban regeneration initiatives across Greece. The EUR 18.6 billion investment programme under the Partnership Agreement 2014-2020 has been successfully supporting small and medium sized priority schemes across Greece since 2014 and ensuring that high-impact projects essential for sustainable development and economic recovery are not delayed.
The European Investment Bank (EIB) and BBVA are joining forces to provide financing on favourable terms for Spanish SMEs and mid-caps. EU bank Vice-President Emma Navarro and BBVA CEO Onur Genç signed an agreement today in Madrid enabling the Spanish bank to provide €600m to support the investments of small and medium-sized enterprises (SMEs). With this agreement, BBVA will be able to offer them favourable financing in terms of both maturity and interest rates.
At its meeting on 19 December 2019 the General Board considered a number of vulnerabilities in the EU financial system, including the indebtedness of non-financial corporations, the liquidity of assets in investment funds, and the misconduct costs facing financial institutions. Moreover, the General Board took note of the risks to financial stability which might result from climate change and disruptions in critical financial infrastructures.