RSS

A7 extension: First financing operation in Germany with EU project bonds

A7 extension: First financing operation in Germany with EU project bonds

The European Investment Bank (EIB) is providing some €170 million for a central stretch of the A7 motorway, which is being financed by means of a project bond. Firstly, the EIB is providing a subordinated financing tranche (Project Bond Credit Enhancement, (PBCE)) under its Project Bond Initiative, which has considerably improved the risk profile for […]

Continue Reading

Romanian-Moldavian gas pipeline becomes operational

Romanian-Moldavian gas pipeline becomes operational

Today (27 August) Commission Vice President Günther H. Oettinger, Prime Minister of Romania Victor Ponta and Prime Minister of the Republic of Moldova Iurie Leancă jointly participated in the opening ceremony of the Iaşi-Ungheni pipeline between Romania and Moldova. “This is a historic day,” Vice President Oettinger said. “We are celebrating that Moldova is directly […]

Continue Reading

EU Solidarity Fund: Commission moves to help Italy, Greece, Slovenia and Croatia after flood, earthquake and ice storm disasters

EU Solidarity Fund: Commission moves to help Italy, Greece, Slovenia and Croatia after flood, earthquake and ice storm disasters

Regional Policy Commissioner Johannes Hahn has today (27 August) announced an aid package worth nearly €47 million proposed by the European Commission for Sardinia (Italy), Kefalonia (Ionian Islands, Greece), Slovenia and Croatia after a series of natural disasters struck the regions in late 2013 and early 2014. The proposed aid of €16.3m to Italy is […]

Continue Reading

EEA and Norway Grants releases annual report on achievements in beneficiary countries

EEA and Norway Grants releases annual report on achievements in beneficiary countries

1 January 2014 marked the 20th anniversary of the European Economic Area (EEA) Agreement. Since 1994, Iceland, Liechtenstein and Norway have provided support to reduce social and economic disparities within the European Economic Area through the EEA and Norway Grants. The annual report provides an overview of some of Norway Grants achievements in the 16 […]

Continue Reading

Gaza: Israel agrees open-ended truce

Gaza: Israel agrees open-ended truce

Israel and Palestinian factions including Hamas have agreed an open-ended ceasefire to begin at 19h Tuesday (26 August) evening local time (17h London, 18hBrussels). The ceasefire includes two stages: an initial period in which firing will stop and restrictions on crossings will be eased for humanitarian aid, with more long-term issues to be addressed after […]

Continue Reading

Cameron hints at ‘Brexit’ but what powers does he want returned from Brussels ?

Cameron hints at ‘Brexit’ but what powers does he want returned from Brussels ?

| August 27, 2014 | 1 Comment

Opinion          As the political season resumes in Britain, Prime Minister David Cameron has let it be known that he is ready to back Britain leaving the EU unless he gets reform in Europe that satisfies his party and of course himself. It is the closest he has come to endorsing ‘Brexit’ as a possible option […]

Continue Reading