• European SRSS and EIB join forces

      European SRSS and EIB join forces

      The European Commission's Structural Reform Support Service (SRSS) and the European Investment Bank's (EIB) Advisory Services Department have stepped up their cooperation in providing support to EU Member States. Following the declaration of intent signed on Friday, the SRSS and the EIB, via the European Investment Advisory Hub, will collaborate closely to provide technical support and advice to Member States on a broad range of policy areas.

    • UN calls for 'Global Green New Deal' to boost world economy

      UN calls for 'Global Green New Deal' to boost world economy

      The world must dramatically rethink its economic model in order to tackle growing environmental stress, inequality and development challenges, the UN said Wednesday, calling for a "Global Green New Deal". In a fresh report, the UN trade, investment and development agency (UNCTAD) called for countries to join forces and enable trillions of dollars in public sector investments to help reboot the global economy and counter climate change.

    • EU budget is well managed

      EU budget is well managed

      The 2018 Annual Management and Performance Report (AMPR) approved by the College of Commissioners and published by the European Commission on 25 June shows the performance, management and protection of the EU budget, as well its key achievements in terms of creating jobs, investing in youth and supporting bloc's political priorities, like cohesion policy, cutting-edge research, climate action and migration.

    • EU-Vietnam trade and investment agreements to be signed

      EU-Vietnam trade and investment agreements to be signed

      The Council of Ministers today approved the EU-Vietnam trade and investment agreements, paving the way for their signature and conclusion at the end of the week. EU Commissioner for Trade Cecilia Malmstrom and Romanian Minister for Business, Trade and Entrepreneurship Stefan-Radu Oprea are now expected to sign the agreement on the EU's behalf in Hanoi on Sunday 30 June.

    • White House to invest more in Middle East

      White House to invest more in Middle East

      The White House announced Sunday afternoon the first part of its Middle East peace proposal, what officials are calling an economic "workshop" aimed at encouraging capital investments in the West Bank, Gaza, and the region, CNN reported, citing a senior administration official.

    • EC adopts €4bn cashflow package

      EC adopts €4bn cashflow package

      The Commission announced on Tuesday a large Cohesion Policy investment, worth €4bn and targeted at 25 large infrastructure projects in 10 Member States, the EU press service reported. The package involves Bulgaria, the Czech Republic, Germany, Greece, Hungary, Italy, Malta, Poland, Portugal and Romania and covers a wide range of project areas: health, transport, research, environment and energy. With national co-financing, the total investment amounts to €8bn.

    • New rules set to counter investment 'greenwashing'

      New rules set to counter investment 'greenwashing'

      The EU agreed last Thursday a new law that forces asset managers, insurers and pension funds to disclose environmental risks in their investments. The law is meant to spur green investment and to curb “greenwashing”, a practice whereby companies claim to be more environmentally friendly than they really are, news wires reported.