The case for deeper financial integration in emerging Europe remains strong as the Vienna Initiative marks a decade since its launch as a unique public-private forum that helped the region weather the worst of the global economic crisis.
The EBRD is supporting the maiden flight of Aegean Airlines on the bond market with a €22.5 million investment in the Greek flagship carrier’s successful debut 7-year €200 million bond issue.
Small businesses in Turkey will have greater access to much-needed local currency funding thanks to a TRY 100 million loan provided by the EBRD to TAM Faktoring, a fast-growing factoring firm.
The European Commission imposed a $2.42-billion euro fine on Google for artificially promoting its own price-comparison shopping service, which made it unfair to other similar services, according to a writeup on the Karanovic & Nikolic website.
AEGEAN Airlines recently announced a strategic partnership with Giannis Antetokounmpo, an international basketball players who embodies the airline’s goals of promoting Greece and Greek perseverance throughout the world.
At a recent meeting of the College of Commissioners, the European Commission (EC) discussed a new reflection paper on the future of the European Union’s (EU) finances, including how the Union can fund more with a reduced budget following the United Kingdom’s departure.
Republic of Srpska Primer Minister Zeljka Cvijanovic recently met with Province of Ontario Minister of Citizenship and Immigration Laura Albanese during her official tour of Canada, during which the leaders discussed further cooperation between their governments.
Following KCB’s acquisition of United Bulgarian Bank (UBB), the bank’s credit rating has improved by six rates according to Fitch Ratings and four rates according to Standard and Poor’s (S&P).
Banca Transilvania (BT) is supporting "green" projects by offeringl loans to improve energy efficiency, according to a press release on the bank website.
Environment testing leader Eurofins Scientific recently entered into an agreement to acquire Slovenia’s Environmental Research & Industrial Co-operation (ERICo), the leading independent laboratory in the country.
METKA S.A. has signed a contract with Early Power Limited (EPL) to build a new power plant in Ghana, according to a press release from Mytilineos Group.
TJ Lim, deputy chief risk officer for UniCredit, will temporarily take on the role of chief risk officer as Missimiliano Fossati takes a sabbatical, according to a press release on the UniCredit website.
Euroins Romania, part of the Euroins Insurance Group (EIG), is acquiring some of the insurance policies owned by Romanian ATE Insurance, according to a press release on the Eurohold website.
The European Bank for Reconstruction and Development (EBRD) will push for better economic integration in the Western Balkans region at a summit in Trieste, Italy.
The European Commission recently concluded that several measures to support Greece’s OSE and TrainOSE, include debt cancellations, are within the European Union’s (EU) state aid rules.