Invest In EU News

  • Europe strongly advancing renewable energies in Africa

     The European Commission continues its leading role in the Africa Renewable Energy Initiative, in line with its wider efforts in the implementation of the 2030 Agenda on Sustainable Development and the Paris Climate Change Agreement.

    On 4 March 2017 in Conakry, Guinea, Commissioner for International Cooperation and Development, Neven Mimica, announced the preparation of 19 new renewable energy projects, with a total potential investment of €4.8 billion.

  • THE EUROPEAN WAY TO FREE, FAIR AND INCLUSIVE TRADE

     Association of European Chambers of Commerce and Industry EUROCHAMBRES calls on European leaders to send a strong signal that the EU stands for progressive and forward-looking trade.

    In a declaration to the media EUROCHAMBRES, the Association of European Chambers of Commerce and Industry, warns governments against the slowing down of trade, protectionist tendencies and populist movements which are ‘threatening the future of the rules-based multilateral trading system’.

  • Evaluation Council: a new funding model for vocational training should be added to arguments and impact assessments to refine

     The laws of the assessment, the Council reviewed a draft vocational training on the Board of Directors resolution. The draft resolution contains an extensive description of the current state of the legislation, the presentation of the objectives, the target group and the measures proposed. The draft resolution has been identified as areas of influence of the measures, and a draft proposal contains estimates of the impact of the potential bill. The draft resolution has also weighed in implementing the measures.

  • Juncker Plan: Investment Plan for Europe unlocks EUR 15 million for Bulgarian SMEs

     The European Investment Fund (EIF) and DSK Bank have signed an agreement to provide EUR 15 million in financing to innovative Bulgarian small and medium-sized enterprises (SMEs) and small mid-caps under the European Commission's InnovFin initiative, backed by the EU's research and innovation programme Horizon 2020. The EIF is providing a guarantee that will enable DSK Bank to provide loans on advantageous terms to SMEs which would otherwise not have been able to access finance. This agreement was made possible by the support of the European Fund for Strategic Investments (EFSI).

  • M. Kucinskis with German Foreign Minister discusses cooperation between both countries development opportunities

     Prime Minister Maris Kucinskis on Wednesday, March 1, Riga, met with German Foreign Minister Sigmar Gabriel (Sigmar Gabriel). During the meeting they discussed cooperation between the two countries, covering the broadest scope. Particular attention was all areas of security cooperation, economic relations and expansion of cooperation potential topical EU issues.

  • Prime Minister Sobotka: EU leaders’ agreement will help to quell illegal migration in the Mediterranean

     Today, at the informal summit in Valletta, Malta, Prime Minister Bohuslav Sobotka and other EU leaders discussed enhanced cooperation with Libya and the development of partnerships with other North African countries to curb illegal migration in the Mediterranean. In their joint declaration, the Member States’ heads of state and government made the commitment to counter people smugglers, support Libyan border guards and provide assistance in the building of capacities for refugees.

  • Mergers: Commission clears acquisition of Formosa 1 Wind Power by DONG Energy, Macquarie and Swancor

    The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of joint control over Formosa 1 International Investment Co., Ltd. of Taiwan by DONG Energy Wind Power Holding A/S of Denmark, Macquarie Corporate Holdings Pty Limited of Australia and Swancor Holding Co., Ltd. of Taiwan. Formosa 1 is an offshore wind farm project to be developed, constructed and operated near Miaoli, Taiwan.

  • Chamber President Takes Muscat To Task Over Unaddressed Competitiveness Issues

     Chamber President Anton Borg warned that businesses are concerned about ‘the issues of good governance that we are allowing to constantly persist’, in a meeting that included business leaders as well as Prime Minister Joseph Muscat.

    Chamber President Anton Borg warned that businesses are concerned about ‘the issues of good governance that we are allowing to constantly persist’, in a meeting that included business leaders as well as Prime Minister Joseph Muscat.

  • Mergers: Commission clears acquisition of Mentor Graphics by Siemens

     The European Commission has approved under the EU Merger Regulation the acquisition of Mentor Graphics, of the US, by Siemens, of Germany.  Mentor Graphics provides electronic hardware and software design solutions, consulting services and support to electronic, semiconductor and systems companies. Siemens offers a wide range of products and services, including a broad portfolio of software and solutions to support manufacturing companies in enhancing the flexibility and efficiency of their manufacturing processes and reducing the time to market of their products.

  • Vice-President Dombrovskis at the Structured Dialogue with the European Parliament's Committee on Economic and Monetary Affairs

     Honourable Chair, Honourable Members,

    Thank you for your invitation to this structured dialogue with the Economic and Monetary Affairs Committee. I am pleased to have this opportunity to update you on our work to make Europe's financial sector stronger and more dynamic. To set out our proposals to complete the framework for the banking sector; and explain our approach to the second phase of the Capital Markets Union project.

  • INSURER HISCOX PLANS TO MOVE EU HQ TO MALTA OR LUXEMBOURG

    Insurance firm Hiscox said it has narrowed down its shortlist for a new EU base to either Luxembourg or Malta, as it seeks to set up a new insurance base in one of the countries to service European Union clients after Britain leaves the bloc. Insurance firm Hiscox said it has narrowed down its shortlist for a new EU base to either Luxembourg or Malta, as it seeks to set up a new insurance base in one of the countries to service European Union clients after Britain leaves the bloc.

  • Trade agreements boost EU agri-food sector

     Trade agreements can help increase sales and support jobs in the EU agri-food sector, a new study shows.

    Trade agreements have helped to boost EU agricultural exports and have supported jobs in the agri-food sector and other sectors of the economy, according to a new independent study carried out on behalf of the European Commission. Trade agreements with three countries – Mexico, South Korea and Switzerland – were studied in detail.

  • Mergers: Commission clears acquisition of ABB's High Voltage Cable and Cable Accessories Businesses by NKT

     The European Commission has cleared unconditionally under the EU Merger Regulation the proposed acquisition of ABB's high voltage cable business and power cable accessories business by NKT. The Commission concluded that the merged entity would continue to face effective competition in Europe.

  • The 10 Factors Which Will Make or Break Business In 2017

     From far-reaching geopolitical developments, to the manoeuvring happening in our own back yards, these are the top 10 factors which are likely to influence business in Malta in 2017.

    1. BUSINESS SENTIMENT REMAINS POSITIVE

  • New Danish Food Partnership

     A new showcase will place food products, ingredients, machinery and technology from the Danish food cluster clearly on the global map.

    The Danish food industry enjoys a world-class community of knowledge, talents, investors and companies. The new initiative, Food Partnership, serves to market this to a global audience.

  • EU proposes €105 million in humanitarian assistance for Lake Chad region

     The European Commission has announced additional assistance for the region the Lake Chad region in 2017 as humanitarian needs grow

    The European Commission plans to mobilise a total of €105 million in humanitarian support to populations in the Lake Chad region in Africa in 2017.

  • Metro line 4: biggest corruption scandal of all time

     The case of metro line 4 is the biggest corruption scandal of the past 27 years which is clearly associated with the former governmental and metropolitan leaders of MSZP and SZDSZ, Nándor Csepreghy, Minister of State at the Prime Minister’s Office said in Parliament.

  • Commission: Finland has continued challenges in social and health care reform, and labor market

     The Finnish economy is no longer the so-called macro-economic imbalances, assessed the EU Commission. According to the Commission challenges facing Finland are, however, implementation of social and health care reform and the situation of the labor market.

  • EU welcomes entry into force of the WTO Trade Facilitation Agreement

     The Trade Facilitation Agreement (TFA) – the most significant multilateral trade deal concluded since the establishment of the World Trade Organisation (WTO) in 1995 - enters into force today.

    The ratifications by Chad, Jordan, Oman and Rwanda today means the deal has reached the pre-determined threshold of 110 WTO members required for its immediate entry into force.

  • Fitch Confirms Malta’s ‘A’ Rating, Upgrades Forecast

     Ratings agency Fitch has confirmed Malta's 'A' rating while upgrading its forecast from 'stable' to 'positive'.

    The agency noted that national debt went down as a percentage of GDP during 2015. It estimated that national debt will decrease to 58 per cent by 2018, a level last reached in 1998.

  • Juncker Plan: HRK 350 million for Croatian small and medium-sized enterprises

     The European Investment Fund (EIF) and Privredna banka Zagreb (PBZ) have signed a COSME agreement that will unlock HRK 350 million (ca. EUR 45.7 million) worth of loans to small and medium-sized Croatian businesses. This agreement was made possible by the support of the European Fund for Strategic Investments (EFSI), the so-called Juncker Fund. The EFSI is the central pillar of the Juncker Plan.

  • Fair Taxation: Commission welcomes new rules to prevent tax avoidance through non-EU countries

     The Commission welcomes the agreement reached at today's ECOFIN on new rules to help prevent tax avoidance via non-EU countries. This latest addition to the EU's anti-tax avoidance toolbox will prohibit multinational companies from escaping corporate tax by exploiting differences between the tax systems of Member States and those of non-EU countries (so-called 'hybrid mismatches').

  • Malta Lags Behind Other Igaming Centres In Terms Of Pay - Survey

     Executive pay in Malta, while competitive, is still behind that of other iGaming centres such as London and Gibraltar, according to the 2017 Edition of the Boston Link iGaming Salary Survey, Malta.

  • Hungary is one of Europe’s safest countries

     Illegal immigration could be a direct threat to the general level of public security which has been restored in recent years, János Lázár, the Minister heading the Prime Minister’s Office said at the press conference Governmentinfo 78 which he held jointly with Government Spokesperson Zoltán Kovács.

    The Minister reiterated that the Government embarked on its job in office in 2010 against the background of 440-450,000 registered crimes. By 2016 this number fell to between 270,000-290,000, he said.

© Copyright 2010-16 Invest in EU All rights reserved.