An EU-funded initiative has introduced a search engine and a repository to gather data, share information, and match the needs of public procurers and SMEs in embracing renewable energy sources (RESs). Green public procurement (GPP) is a system where public sector organisations use their purchasing power to choose environmentally friendly goods, services and works that […]
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EIB joins forces with DLL to provide up to €400 million to finance the investments of SMEs in Spain and Italy
The European Investment Bank (EIB) has provided €200 million in financing to DLL, a global asset finance company for equipment and technology, and wholly owned subsidiary of Rabobank, to support small and medium-sized enterprises (SMEs) and contribute to a greener economy. As part of the agreement, DLL will provide a further €200 million, meaning that €400 million […]
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Space synergies to drive economic growth and job creation
By reinforcing synergies with other space technologies and working with all the Member States, while creating a favourable ecosystem, the impact of the space sector on economic growth in Europe will largely expand and create more jobs, according to European GNSS Agency (GSA) Acting Executive Director Pascal Claudel. The 2nd Earth Observation Summit has been held online on 2-3 […]
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EIB to provide BioNTech with up to €100 million in debt financing for COVID-19 vaccine development and manufacturing
The European Investment Bank (EIB) and BioNTech (Nasdaq: BNTX, BioNTech) have concluded a €100 million debt financing agreement to support the development of BNT162, the company’s COVID-19 vaccine programme. The deal will also allow the company to expand its manufacturing capacity in order to supply the vaccine fast worldwide in response to the pandemic. This […]
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Council welcomes the mobilisation of almost €36 billion and approves conclusions
The Council approved conclusions on the “Team Europe” package that is part of the EU’s global response to the COVID-19 pandemic. In its conclusions the Council expresses its deep concern about the global spread of the COVID‑19 pandemic, which continues to claim lives worldwide and have far-reaching social and economic effects. The Council stresses the urgency of protecting the lives and livelihoods of all people, leaving no-one behind, […]
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Covid-19: EU recovery plan should prioritise climate investment
The proposed EU recovery package to tackle the profound economic recession caused by Covid-19 aims to create a sustainable future. The Covid-19 health crisis and its economic consequences are priorities for the EU and the recovery package proposed by the European Commission aims to relaunch economies, based on a greener, social and digital approach for […]
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EU Drug Markets: Impact of COVID-19
EMCDDA and Europol analyse impact of pandemic on EU drug markets. New report provides window onto EU drug market changes during COVID-19 What effect is COVID-19 having on the largest criminal market in the EU? This question is explored in EU Drug Markets: Impact of COVID-19, a new report out today from the European Monitoring […]
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COVID-19 – EIB provides Madrid Region with EUR 600 million to strengthen its response to the health emergency
The European Investment Bank (EIB) is assisting the Madrid Region in its efforts to tackle the COVID-19 health emergency. The EU bank is providing a EUR 600 million loan on favourable terms to enable the authorities to adapt Madrid’s health facilities and cope with the additional health costs caused by the pandemic. The EU bank […]
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ECOFIN: economic prospects and challenges in Covid-19 Europe
NEXT MEETINGS 25 May, European Economic Area Council 11 June, Eurogroup The Economy and Finance Ministers are meeting on 19 May to exchange views on the progress made with regard to the EU’s response measures to the COVID-19 crisis. ECOFIN At this meeting the ministers addressed: News on COVID-19 measures Update on COVID-19 measures Regulation […]
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