One topic of conversation at the Bucharest Stock Exchange (BVB)’s recent Investment Spring event was the prevalence of overnight deposits in Romania and the factors that could drive Romanians to invest in funds and equities.
The European Commission recently imposed a total of $164 million in fines against Behr, Calsonic, Denso, Panasonic, Sanden and Valeo, which investigations uncovered were taking part in cartels for air conditioning and engine cooling car components.
The European Commission recently highlighted the 10th anniversary of the European Globalization Adjustment Fund (EGF), which assists member states in helping workers whose jobs are negatively affected by globalization.
The European Commission recently reported updates on progress made under the Migration Partnership Framework, the third such update the it has issued, and the initial steps taken toward actions on the Central Mediterranean Route agreed to in the Malta Declaration.
The European Commission recently called for member states to increase the pace of their relocation efforts and fulfill political commitments to support the European Border and Coast Guard Agency in terms of manpower and equipment.
In the run up to the Rome Summit on March 25, European Commission President Jean-Claude Juncker recently presented a white paper on the future of Europe to the European Parliament, outlining successes, challenges and opportunities for the European Union (EU).
The European Commission recently released information on the progress of the European Agenda on Migration and Security, including a renewed European Union Action Plan on Return and a call for quicker implementation of commitments made through the agenda.
The Bank of Cyprus recently released its preliminary group financial results for the first quarter of this year and for last year, which show progress towards the group’s goal of reducing risk, as well as a modest after tax profit of $67.6 million.
Following the completion of the rights issues transaction that was approved by the UniCredit S.p.A. board of directors in early February, the company recently released the new composition of its share capital.
Following his appointment as U.S. commerce secretary, Wilbur L. Ross Jr. recently resigned from his role as a member and vice chairman on the boards of directors for the Bank of Cyprus Holdings Public Limited Co. and the Bank of Cyprus Public Co. Limited.
The European Commission applauded new rules approved at a recent Economic and Financial Affairs Council (ECOFIN) meeting that will make it easier for the European Union (EU) to prevent tax avoidance by multinational companies.