Still, banking is a man’s world. The ECB has noted that more than 300 of the 361 CEO appointments at the significant institutions (SIs) directly under its supervision as well as at their subsidiaries between 2020 and 2022 were men. Additionally, just 36% of newly appointed board members in SIs were women during the same […]
Commission and EIB announce €18M to boost investment in climate actions
The European Commission and the European Investment Bank have announced €18 billion in funding under Global Gateway, Europe’s investment strategy for partner countries. It will stimulate investment in Global Gateway priority areas (climate action, clean energy and connectivity) in European partner countries around the world. In particular, these projects will work to address the global […]
Statement by the G7 Finance Ministers and Central Bank Governors following their meeting in Washington D.C.
We, the G7 Finance Ministers and Central Bank Governors, met in Washington D.C., joined by the Heads of the International Monetary Fund, World Bank Group, Organisation for Economic Cooperation and Development, and Financial Stability Board. We were honored to be joined by the Ukrainian Finance Minister Sergii Marchenko. We discussed recent global economic and financial sector […]
Traineeships in European Investment Bank
The European Investment Bank offers internships to university graduates. The European Investment Bank (EIB) is the European Union’s financing institution. Its task is to contribute towards the integration, balanced development and economic and social cohesion of the Member Countries. The departments of the EIB take on well-qualified trainees on an ad-hoc basis to carry out a […]
EIB lends €120 million to Cosentino Group to support its sustainability and circular economy strategy
The EIB will provide a €120 million loan to Cosentino Group, a global leader in the design and manufacture of innovative and sustainable surfaces. With the support of the EU bank, the multinational company will finance its innovation and sustainability strategy, focusing on key areas such as the circular economy, decarbonisation, energy efficiency and the use […]
Spanish authorities break into narco bank
A massive international organised crime ring has been broken up in a joint operation between the Spanish Civil Guard (Guardia Civil) and the German Criminal Bureau (Landeskriminalamt) of Hamburg. The disrupted criminal network provided financial services to various criminal organisations mainly linked to drug trafficking. During an action day in May 2022, law enforcement conducted […]
Youth Professionals – World Bank Internship
Programme and objectives The World Bank Group Young Professionals Programme is a two-year leadership development program at the start of a five-year employment contract with the World Bank, IFC or MIGA. Young Professionals (YPs) start the programme in Washington, DC, where they engage in intensive training on-the-job and in the classroom, learning the fundamentals of leadership […]
Interview with Luis de Guindos, Vice-President of the ECB
Last Thursday 28th July, the Governing Council of the ECB decided to increase the key interest rates by 0.5 percent, which differed from the initial plan to increase rates by 0.25 percent. But has it not come too late? Other major central banks reacted to inflation much earlier. We started the normalisation of our monetary […]
Internships at the World Bank
The World Bank offers internships to young people interested to learn more about the economic and social issues that affect people’s lives around the world. The programme offers opportunities for study and work that provide hands-on experience. The Bank Internship Programme offers graduate students an opportunity to improve their skills as well as the experience […]